Connect with us

News

Vice President Kashim Shettima Unveils Electric car Assembled and designed in Nigeria,

Published

on

238 Views

Vice President Kashim Shettima unveiled an electric car assembled and designed in Nigeria, presented by Jelani Aliyu, the Director General/Chief Executive Officer of the National Automotive Design & Development Council (NADDC), at the State House in Abuja.

The launch took place after the inaugural National Economic Council meeting, where the focus was on mitigating the effects of petrol subsidy removal on the Nigerian people.

The council emphasized the need to increase the production of electric vehicles and CNG-powered vehicles in order to alleviate pressure on petroleum product prices, especially PMS.

Furthermore, the council called for legislative and financial support to promote the growth of the automotive industry and generate employment opportunities. The NADDC provided a briefing to the council during the meeting.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

JUST IN: Wike, Govs Makinde, Bala Clash at PDP Secretariat (Images / Video)

Published

on

11 Views

….. As PDP Leaders Accuse Police of Not Showing Neutrality in Crisis

There was a showdown at the PDP National Secretariat on Tuesday as governors of Bauchi and Oyo states have clashed with FCT Minister Nyesom Wike with both parties attempting to take over the National secretariat of the main opposition Peoples Democratic Party in the Wuse Zone 5 District of Abuja.

It was discovered that security operatives loyal to the FCT Minister and Governors Seyi Makinde and Bala Mohammed embarked in a free for all or who would take possession of the PDP National Secretariat with a rainfall of teargas pumped around the vicinity by both parties.

While Governor Seyo stormed the venue with the newly elected National Secretary, Taofeek Arapaja, Nyesom Wike stayed put with Samuel Anyanwu, the embattled National Secretary of the party who insists his tenure is still in place till December 8, 2025.

Party leaders are now expressing worry over the development accusing the Police of not being neutral in the leadership crisis facing the Peoples Democratic Party.

Watch video below:

Continue Reading

Business

Lagos N200b bond oversubscribed by 55% at N310Billion

Published

on

17 Views

In a resounding vote of confidence from the investment community, Lagos State has concluded its bookbuild for a groundbreaking bond issuance, exceeding all expectations and demonstrating strong investor appetite.

The State’s offering, comprised of a ₦200 Billion Conventional Bond and a ₦14.8 Billion Green Bond, has been met with extraordinary enthusiasm, paving the way for crucial infrastructure projects across the bustling metropolis.

The conventional bond, originally slated for ₦200 billion, received an astounding 55% oversubscription, attracting a remarkable ₦310 billion in investment commitments.

This signifies the robust trust investors have in Lagos State’s economic prospects and its commitment to sustainable growth.

Adding to the success, the ₦14.8 billion Green Bond, designed to finance environmentally friendly projects, was met with an even greater level of enthusiasm.

It attracted a phenomenal ₦29.29 billion in subscriptions, representing a staggering 97.7% oversubscription.

This underscores the growing global interest in sustainable investments and Lagos State’s commitment to a greener future.

This historic achievement highlights Lagos State’s financial strength and its ability to attract significant investment to drive its ambitious development agenda.

The proceeds from these bonds will be instrumental in funding vital infrastructure projects, enhancing the quality of life for residents, and fostering economic prosperity across the state.

Continue Reading

News

JUST IN: FG Vows Swift Rescue of Abducted Kebbi Schoolgirls, Reaffirms Duty to Protect Citizens

Published

on

22 Views

The Federal Government has expressed deep concern over the abduction of female students from Government Girls Secondary School, Maga, in Danko/Wasagu Local Government Area of Kebbi State, assuring families of its unwavering commitment to securing the safe return of the victims.

In a statement on Monday, the government conveyed solidarity with the affected families, noting that it “shares in their pain” and is working urgently to bring the girls home.

President Bola Ahmed Tinubu reaffirmed that the protection of every Nigerian—especially schoolchildren—remains a paramount responsibility of the State. He condemned the attack, describing it as a “reprehensible assault on innocent students,” and mourned the school officials who were killed while performing their duties.

According to the statement, security and intelligence agencies have been issued strict directives to locate and rescue the abducted students and ensure that those responsible are brought to justice. The government pledged that it will not relent until the mission is accomplished.

The Federal Government also assured citizens that strengthening internal security remains a top priority, noting that efforts are underway to recalibrate the country’s military, policing, and intelligence architecture to better prevent and respond to threats.

Additionally, Nigeria is intensifying regional cooperation with ECOWAS, the African Union, and the Multinational Joint Task Force (MNJTF) to secure borders and disrupt terrorist and criminal networks.

The government urged the public to remain calm and confident as efforts to rescue the abducted students continue.

Continue Reading

Trending