About N19.4tn has been realised as revenue from the exports of cocoa beans, crude oil, gas, amongst others in the second quarter of 2024. This is contained in a report by the National Bureau of Statistics. In the just-released ‘Foreign trade in goods statistics’ report, Nigeria’s total merchandise trade stood at N31.89tn representing a decrease…
In line with the Federal Government’s directive to ban single-use plastics (SUPs) in all ministries, departments, agencies, and projects, the Hydrocarbon Pollution Remediation Project (HYPREP) has established a 16-member Environment Champion Group. Led by HYPREP Project Coordinator Professor Nenibarini Zabbey, the group was inaugurated at the Project Coordination Office (PCO) in Port Harcourt, Rivers State,…
The latest effort to improve agricultural yields and battle climate change in Nigeria has won a convert. The new convert is the Nigerian Army. The Army gave an assurance recently that it was starting an initiative by the Nigerian Army to help and inspire Nigerians to embark on massive tree planting and food cultivation. The…
Inmates at the correctional centres in the country should be treated with dignity. That is the position of Dr. Olubunmi Tunji-Ojo, the minister of interior under whose supervision the correctional centres are placed. He expressed dismay at the reported dehumanising conditions to which inmates of the Afokang Custodial Centre in Calabar, Cross River State, are…
The World Bank’s latest Finance and Prosperity 2024 report has revealed that Nigeria will require an estimated $2.4 billion, equivalent to about 0.6 per cent of its Gross Domestic Product (GDP), to shield its households from falling into poverty after experiencing a climate shock. This projection shows the severe financial impact that climate-related events, such…
About eleven indigenous companies have applied to the federal government asking for an extension in the tax holiday they have enjoyed for some years now. The argument is for the government to assist them to weather the current economic downturn in the country. Among these companies is Dangote Fertiliser Limited. This information is contained in…
The Project Coordination Office (PCO) of the Hydrocarbon Carbon Pollution Remediation Project (HYPREP) said it has planted Over 810,726 mangrove seedlings in its first Phase of the Mangrove Restoration Project in Ogoniland. The PCO said it targets to restore 560 hectares of lost mangrove areas destroyed by oil extractive activities in Ogoniland. This was disclosed…
The Kaduna State government is taking measures to ensure that further damages owing to flooding in the state is reduced, if not totally prevented. That is why it has started to alert farmers and residents of the need to evacuate the areas that are prone to flood in the state. The state government made the…
It seems to be a financially unfavourable year for Inland Container Nigeria Limited as the Nigerian Shippers’ Council has directed the firm to cover 70 percent of liabilities amounting to $72,777 following a dispute arising from a damaged bean export. This shows that the firm is in debt of over N116m using the Central Bank…
The Ekiti State Government is already taking a practical step towards fighting food insecurity in the State. By the time Governor Biodun Oyebanji and his cabinet rose from the State Executive Council (SEC) meeting on Monday a quantum amount of money had been voted for the clearing of about 325 hectares of farmland. The amount…
