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FG Set to Distribute 2,000 CNG-powered Tricycles to Youths Across Nigeria

FG Set to Distribute 2,000 CNG-powered Tricycles to Youths Across Nigeria The Federal Government, through the Presidential Compressed Natural Gas Initiative (PCNGi), will begin the distribution of 2,000 CNG-powered tricycles to youths in the transportation sector across Nigeria starting October 1st, 2024. The initiative aims to...

40% of Nigerians Enjoy 20 hours Electricity Supply Daily – Power Minister

40% of Nigerians Enjoy 20 hours Electricity Supply Daily – Power Minister The Minister of Power, Adebayo Adelabu, has said that more than 40% of Nigerians now enjoy over 20 hours of electricity daily. He said this in a statement on Sunday detailing a review of...

Nigeria ‘ll Save N5.4trn from Subsidy Removal in 2024 – Ogun Governor

Nigeria 'll Save N5.4trn from Subsidy Removal in 2024 – Ogun Governor Ogun State Governor, Dapo Abiodun, has revealed that President Bola Ahmed Tinubu’s decision to end fuel subsidies has saved Nigeria N5.4 trillion, which would have been spent by the end of 2024. Speaking at...

NAHCON Allegedly Owes Tour Operators N15bn

NAHCON Allegedly Owes Tour Operators N15bn The Association for Hajj and Umrah Operators of Nigeria (AHUON) says the National Hajj Commission of Nigeria (NAHCON) owes its members over N15 billion. Its President, Abdullateef Ekundayo, made this known in a statement on Saturday in Abuja. According to him,...

Tourism Injects N4.1 trillion into Lagos GDP

Tourism Injects N4.1 trillion into Lagos GDP The tourism industry in Lagos is playing a vital role in the state’s economic growth, contributing N4.1 trillion to its Gross Domestic Product (GDP), according to fresh insights shared during the World Tourism Day celebration. The event, organized by...

FG Targets 40% Transport Fare Cut with CNG Expansion

FG Targets 40% Transport Fare Cut with CNG Expansion The Federal Government of Nigeria has announced a plan to increase compressed natural gas infrastructure and cut transportation fares by over 40 per cent. This initiative was formalised during a Memorandum of Understanding signing ceremony in Abuja...