His love for Nigeria, an attribute of leadership - Tinubu celebrates Gowon @ 89
A statement by Presidential Spokesman, Ajuri Ngelale said the president celebrates the elder statesman whose visionary leadership has shaped major milestones in Nigeria’s history. The president extolled Gowon for institutionalising the peace process in Nigeria with lasting legacies, such as laying the foundation for Nigeria’s federation through the creation of states. Other milestones of the former head of state include fostering cohesion, encouraging inter-ethnic warmth and understanding by establishing the National Youth Service Corps (NYSC), the president said. ADVERTISEMENTTinubu said Gowon also sustained the pillars of harmony between Nigerians with the National Prayer Movement that continues to inspire neighbourliness and patriotism. Tinubu said that the courage, passion and wisdom that Gowon consistently exuded from his youth, being Nigeria’s youngest leader at 32, had kept him steadfast and relevant at the age of 89.
Source:The Guardian
October 19, 2023 08:28 UTC
‘Beanie Babies’ billionaire Ty Warner extends olive branch to ex-employee after ‘gut-punch’
Reclusive billionaire Ty Warner said he’d be “delighted” to reconnect with a former Beanie Babies worker — after she called him out for a “gut punch” by diminishing her role in fueling the plush toy’s craze, The Post has learned. “Lina joined Ty Inc. and proved herself to be a talented young woman,” he told The Post. “[It] felt like a punch to the gut if I’m going to be honest,” Trivedi recently told The Post. 5 Lina Trivedi, who helped create the Beanie Baby boom, wants to explore reuniting with Ty Warner to revitalize the brand. 5 Apple’s Beanie Bubble movie portrays Ty Warner as controlling and credits Livedi and other women with helping to create the Beanie craze.
Source:Punch
October 19, 2023 07:41 UTC
How Nigerian govt will disburse Conditional Cash Transfer to poor, vulnerable households – Coordinator
Halima Shehu, the national coordinator/chief executive officer of the National Social Investment Programmes Agency (NSIPA), says there are different categories of Conditional Cash Transfer (CCT) that will be disbursed to vulnerable and low income households across the country. She said enrollees of the first category of the conditional cash transfer would receive ₦5,000 each, as part of the efforts by the federal government to alleviate poverty. President Bola Tinubu‘s request for the approval confirmed his determination to sustain the conditional cash transfer scheme initiated by his predecessor, Muhammadu Buhari. Mrs Shehu further explained that the disbursement of the conditional cash transfer to the beneficiaries will be supervised by development partners and the World Bank for proper transparency and accountability. This is how transparent the conditional cash transfer is.”N-Power beneficiariesMrs Shehu noted that the N-power empowerment initiative of the federal government was designed to benefit each enrollee for two years.
Source:Punch
October 19, 2023 06:52 UTC
Residents fear disease outbreak, seek relocation of dumpsite
Residents of the Para community in the Oke-Aro area of Ogun State have expressed concerns over the danger a dumpsite located in the area posed to their health. Our correspondent who visited the area on Monday observed that the dumpsite is located by a canal beside a filling station along the major road. The community’s leader, Samson Gbadamosi, told our correspondent that residents have been enduring the menace posed by the dumpsite for over 20 years. “I want the government to remove this dumpsite or relocate it inside because it’s too much,” Gbadamosi said. Most of us have children that refuse to visit us because of this dumpsite, please help us,” Gbamiboye lamented.
Source:Punch
October 19, 2023 04:17 UTC
Cutting methane emissions from fossil fuel production essential to achieve global climate targets —Report
Decisive, far-reaching efforts to cut methane emissions from fossil fuel production and use must go hand-in-hand with decarbonisation of our energy systems to limit global warming to 1.5 °C. The imperative of cutting methane from fossil fuels, builds on findings from the IEA’s recently updated net zero pathway to limit global warming to 1.5 °C. As methane emissions lead to ground-level ozone pollution, immediate action would also deliver public health, food security and economic benefits. “Early actions by governments and industry to drive down methane emissions need to go hand-in-hand with reductions in fossil fuel demand and CO2 emissions. The Global Methane Assessment formed the scientific underpinning of the Global Methane Pledge (GMP) by illustrating that there are readily available measures to achieve its goals.
Source:Nigerian Tribune
October 19, 2023 00:34 UTC
#AEW2023 Farmout Forum Connects Investors to African Blocks | The Guardian Nigeria News - Nigeria and World News
PetroQuest: SomaliaPetroQuest is offering an investment opportunity for three blocks – PSA Blocks 131, 190 and 206 – offshore Somalia. Tower Resources: NamibiaIn Namibia, Tower Resources offers an opportunity for Blocks in the Northern Walvis and Dolphin Graben Basin. Atlas Oranto Petroleum International: Equatorial GuineaAtlas Oranto is also offering an opportunity in Block P; Block EG-02; and Block EG-H in Equatorial Guinea. CoMiCo: DRCCoMiCo has an investment opportunity in the frontier Cuvette Centrale Block in the Democratic Republic of the Congo. They have a right to deliver oil and gas directly to customers, making it an ideal investment opportunity.
Source:The Guardian
October 19, 2023 00:13 UTC
The Tata Punch EV is coming; will be re-styled to look more EV-like: Shailesh Chandra
When asked about the potential for a smaller EV, and possibly reviving the Nano brand, Shailesh Chandra remained non-committal. “With the upcoming Harrier EV, I can look at providing all options for consumers, including a 4x4 option. But going forward, most international EVs are using prismatic cells.” The upcoming EV is an electrified version of Tata’s compact SUV, the Punch. So the Punch EV, which is coming, will be styled to look more like an EV,” he said. Tata Motors aims to debut its new 1.5-litre TGDI turbo-petrol engine in the upcoming Tata Sierra, following which, it will be offered in the Safari and the Harrier.
Source:Punch
October 18, 2023 23:52 UTC
Why African countries are in debt distress — Adeosun
Former Minister of Finance, Kemi Adeosun has said that African countries are often in debt distress because they failed to cut social spending. According to Adeosun, “The long periods needed to carry out debt restructuring, such as that in Zambia, have their roots in lack of action before a default takes place. She pointed to a “failure to manage the pre-period,” adding that countries in debt distress are often reluctant to admit it due to the need to cut social spending, especially the democratic one. “The lack of international mechanisms for sovereign debt restructuring hampers the prospects for Africa achieving sustainable public finances or being able to contribute to the clean energy transition. “We have no framework for debt restructuring across sovereigns, and the result is too little debt restructuring, too late.
Source:Punch
October 18, 2023 23:46 UTC
Tata Punch Completes Two Years: Price Hikes, New CNG Variants And More
Celebrating its second birthday, let’s recap all that has happened with the Tata Punch in the past year. Price IncrementsAt launch, the Punch was priced between Rs 5.49 lakh and Rs 9.39 lakh (ex-showroom). At launch, the Tata Punch only came with a 1.2-litre naturally aspirated petrol engine which made 86PS and 115Nm. Following its pre-production showcase at the Auto Expo in February 2023, the Tata Punch is now available in a CNG version as well. A New Foe AppearsSince its launch to this year in July, the Tata Punch had no direct rival.
Source:Punch
October 18, 2023 19:49 UTC
Over 40 feared dead in Yobe road accident
No fewer than 40 travellers are feared dead after three vehicles were involved in a ghastly motor accident due to a collision along Potiskum/Nangere Road in Yobe State. An eyewitness told newsmen on Wednesday that a trailer, which was conveying traders to the popular cattle market in Potiskum, caused the accident. “We counted 40 dead bodies, while over 30 people sustained serious injuries,” sources disclosed. As of the time of filing this report, there has been no reaction from the police or the Federal Road Safety Corps. The accident occurred in Nangere, a local government area in the state.
Source:Nigerian Tribune
October 18, 2023 19:06 UTC
Misconceptions: Why BRI is not a danger for environment | The Guardian Nigeria News - Nigeria and World News
The Green Silk Road serves as an effective solution for implementing the UN’s 2030 Agenda. China has actively promoted the Green Silk Road through the establishment of guidelines and partnership agreements. These programs focus on managing environmental risks associated with overseas BRI projects and supply chains, further underlining China’s commitment to sustainability. A key aspect of China’s commitment to sustainability within the BRI is the shift away from coal-related investments. The Green Silk Road within the BRI represents a forward-looking commitment to sustainability, environmental protection, and global cooperation.
Source:The Guardian
October 18, 2023 15:15 UTC
The king’s mother is a witch
If the following is jumbled, it’s because the protagonists and Nigeria’s mainstream media aren’t doing enough to unravel the political smorgasbord. Failure to discuss the matter in public may sound like when a Yoruba deigns to publicly acknowledge that the King’s mother is a witch! Neither does it confirm if President Tinubu obtained his Bachelor’s degree certificate directly from Chicago State University, or if he took the “Oluwole” option that some people insinuate. But the communications group of the Tinubu Presidency does not seem to know its public relations responsibilities to the President. Simon Kolawole, Publisher of The Cable, who worked with Atiku’s TheWeek magazine that interrogated the Tinubu certificate gaps in 1999, is a resource waiting to be tapped– though he adds that TheWeek never queried Tinubu’s Chicago State University certificate.
Source:Punch
October 18, 2023 14:36 UTC
Over 100 mini-electricity grids now operating in Nigeria – FG
Over 100 mini-electricity grids are currently in operation across the country, making Nigeria one of the largest mini-grid markets in Africa, the Federal Government revealed on Tuesday. It disclosed this through the Rural Electrification Agency, a Federal Government organisation, during the signing of a Memorandum of Understanding between the REA and the Africa Mini-Grid Developers Association in Abuja. Partners in the deal signed the MoU to further promote and accelerate mini-grid development in Nigeria, with focus on knowledge sharing, capacity building, better coordination of the sector, among other initiatives. Salihijo said the REA had over the years expanded its partnership portfolio, while collaborating with stakeholders across the off-grid energy value chain. He noted that with the pivotal role and sustained impact of AMDA in Africa’s renewable energy space, the REA and AMDA partnership was a significant step forward for the mini-grid sector in Nigeria.
Source:Punch
October 18, 2023 12:05 UTC
Army begins security operation in Bayelsa
The Nigerian Army has commenced a security operation code-named Exercise Still Waters III to tackle pipeline vandalism, cultism, illegal oil refining, kidnapping and other crimes in Bayelsa State. In his speech, Governor Douye Diri of Bayelsa hailed the military for the exercise, saying security was imperative to ensuring good governance. He pledged the support of the state government to security agencies to keep Bayelsa peaceful. He assured that personnel of the Nigerian Army were ready to pay the supreme price for the peace and security of Nigeria. Earlier, the Commander 16 Brigade Nigerian Army, Sadisu Yakassai, a brigadier-general, said the exercise was designed to cover all areas of security concerns in Bayelsa, adding that “relevant stakeholders within the security architecture” were involved.
Source:The Guardian
October 18, 2023 11:56 UTC
FG estimates electricity demand to hit 45,662MW by 2030
The Federal Government, through the Nigerian Electricity Regulatory Commission has said electricity demand will grow to 45,662 megawatts by 2030. This was contained in the 2022 Market Competition Report by the Commission obtained by The PUNCH on Tuesday. The report said, “The installed capacity in the Nigerian Electricity Supply Industry grew by 7.95 per cent from 12,132MW as at December 2015 to 13,097MW as at December 2022. During the same period, however, the average available capacity decreased by 2,324MW from 6,401MW recorded in 2015 to 4,059MW in 2022. “It is noteworthy however that the reported power generation statistics do not include the off-grid and captive generation capacity.”Experts have said the country needs atleast 30, 000MW to reach sufficiency.
Source:Punch
October 18, 2023 11:31 UTC