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The federal government has expressed its readiness to intensify efforts toward Nigeria’s 3.14 million hectares of irrigation systems to boost food production in the country. Minister of Water Resources and Sanitation,  Mr Joseph Terlumun Utsev, disclosed this at the ongoing 5-day National Workshop of the Nigerian National Committee on Irrigation and Drainage (NINCID ) themed The Role of Irrigation and Drainage Practices for Food Security in Nigeria in Kano. The Minister who gave this assurance also reiterated that the government is committed to ensuring adequate water supply to homes,  industries, and for agriculture purposes nationwide. The Minister, who was represented

By Adedapo Adesanya President Bola Ahmed Tinubu on Tuesday ordered an investigation after the army acknowledged one of its drones accidentally struck Tudun Biri village as residents were celebrating a Muslim festival. The army did not give any casualty figures, but residents claimed 85 of them, who were mainly women and children, died in the attack, which has sparked public outrage. On its part, Amnesty International’s Nigeria office said 120 people were killed in the attack, citing reports of its workers and volunteers in the area. But the North-West zonal spokesperson of the National Emergency Management Agency (NEMA), Mrs Halima

By Adedapo Adesanya President Bola Tinubu came under immense criticism as Nigeria’s party was the highest from Africa at the ongoing COP28 in Dubai, United Arab Emirates (UAE). According to a list published by the United Nations Framework Convention on Climate Change (UNFCCC), Nigeria is also third-highest overall in number of delegates at the conference. The provisional total for COP28 indicates that 81,027 delegates registered to attend the summit in person, with a further 3,074 attending virtually, this takes the overall total to 84,101. The figure is 30,000 more than those who travelled to Sharm El-Sheikh in Egypt for COP27

By Bliss Okperan The Nasarawa State House of Assembly has announced its election of Danladi Jatau, representing Kokona West Constituency, as the new Speaker. The state parliament also disclosed on Friday that it now has a new Deputy Speaker, who is Mohammed Oyanki, the lawmaker representing Doma North Constituency. The election of the two principal officers of the legislative arm of the state followed the sacking of its former Speaker, Mr Ibrahim Abdullahi, by the Appeal Court sitting in Abuja on Tuesday. While the new Speaker is a member of the All Progressives Congress (APC), his deputy is a member

By Adedapo Adesanya Oil prices fell on Wednesday as data indicated that crude inventories in the United States fell lesser than what was expected amid worries about the demand that led to a steep selloff earlier in the week. Brent crude futures dropped 23 cents or 0.55 per cent to $41.53 per barrel while the US West Texas Intermediate (WTI) crude futures shed 28 cents or 0.65 per cent at $39.58 per barrel. The Energy Information Administration (EIA) data showed that crude inventories in the largest producing nation fell by 1.6 million barrels, less than the forecast of around 4

By Modupe Gbadeyanka The Central Bank of Nigeria (CBN) on Monday released a total of $210 million into the foreign exchange market. This was to provide lifeline for the local currency. Monday’s injection was $15 million more than what the apex bank usually support the market with, $195 million. Acting Director of Corporate Communications at the CBN, Mr Isaac Okorafor, disclosed that $100 million was given to the wholesale segment, $55 million to the SMEs segment, and $55 million to the invisibles segment, comprising tuition fees, medical payments and Basic Travel Allowance (BTA), among others. Mr Okorafor noted that the

By Dipo Olowookere In order to enable motorists revalidate their vehicle particulars and other services, the Lagos State Vehicle Inspection Services (VIS) has extended its various operations to Saturdays. This information was disclosed on Thursday by the Director of VIS in Lagos State, Mr Gbolahan Toriola. According to him, vehicle owners are mostly busy during the weekdays, hence their inability to obtain the necessary vehicle particulars as at when due. He explained further that despite the accessibility of 24 VIS Area Commands and Zonal Offices spread across the state, motorists still find it difficult to spare the time to obtain

By Adedapo Adesanya The key performance indicators of the NASD Over-the-Counter (OTC) Securities Exchange remained intact at the close of transactions on Tuesday, November 22. Business Post reports that this happened as there was no price gainer or loser at the second session of the week, though the activity chart ended in the red territory. The market capitalisation of the alternative securities exchange closed at N935.46 billion, while the NASD Unlisted Securities Index (NSI) closed at 711.91 basis points. But investors traded a total of 32,050 units of securities during the session, in contrast to the 116,264 units of securities

By Adedapo Adesanya Many Nigerians have expressed worry over the fast rate the Naira is depreciating against the Dollar at the foreign exchange (forex) market, especially at the unregulated window. The woes of the domestic currency started a few days ago when the Central Bank of Nigeria (CBN) further devalued the Naira to N410/$1 from N379/$1. The domestic currency, which was then at N480 to N485 per Dollar at the black, has now crossed the N500/$1 region, giving some observers something to worry about. At the parallel market on Friday, the Nigerian currency depreciated by N3 against the American currency

By Modupe Gbadeyanka Inflation rate in Nigeria eased further in the month of May to 16.25 percent from 17.24 percent in April 2017, Business Post reports. Data released on Thursday by the National Bureau of Statistics (NBS) revealed that the drop was by 0.99 percent during the period. It is also the fourth consecutive time the inflation rate was declining since January 2017, the NBS said in its latest report. On a month-on-month basis, the headline index increased by 1.88 percent in May 2017, 0.28 percent points higher than the rate of 1.60 percent recorded in April 2017, indicating the

By Adedapo Adesanya Telegram was the most downloaded mobile app for January 2021, according to Sensor Tower, a research group that compiles a list of downloads per month of iOS and Android apps. In its latest report which covers the download period of January 1 through 31, Telegram jumped eight places from number #9 on SensorTower’s list of most downloaded (non-game) mobile app in December 2020 to the zenith position. The app recorded a boost that saw it grow by at least 63 million users, about 3.8 times higher than the downloads in January 2020. It could be deduced that