News
Dele Acknowledges Government Reforms and Thanks Friend for Debt Forgiveness
During the campaign, all candidates endorsed essential economic reforms, and Dele supports the sectoral equalization of the forex market. He acknowledges the hardships caused by these changes but believes they are temporary.
Dele, not aligned with the opposition, views himself as an objective stakeholder in the country’s welfare, emphasizing rational and professional criticism.
He also expresses gratitude for a $20,000 debt forgiveness from his friend, recognizing the unpredictability of electoral outcomes, and wishes his friend well.
News
Another Tanker Explodes in Jigawa, Quick Response Prevents Death
Another tanker explosion has hit Jigawa State, sparking fear among residents of Tsaida community in Dutse Local Government Area.
This incident follows closely on the heels of a devastating tanker explosion just weeks earlier in Majia town, Taura LGA, where over 150 lives were tragically lost.
Aliyu M. A., the spokesperson for the Federal Fire Service, shared details of the incident in a statement.
According to him, the service received an urgent call on the morning of November 12, 2024, from Zubairu Ahmad, the village head of Kuho, alerting them to the tanker accident at Tsaida, located near Kwanar Kalle along the Maiduri Road.
This area, with its busy roads, has seen increasing traffic from heavy-duty vehicles transporting fuel and other goods across the region, making such incidents a rising concern.
In response to the distress call, Federal Fire Service personnel, supported by security teams, immediately mobilized and rushed to the scene.
Their swift action helped to contain the blaze, preventing it from spreading further and causing additional damage.
The firefighters worked alongside police and local security forces, whose coordinated efforts were instrumental in bringing the situation under control.
Thanks to these combined efforts, no lives were lost in this incident, though one person sustained a minor injury.
Aliyu commended the prompt response and teamwork that helped avert a major tragedy, emphasizing the importance of quick action during emergencies.
News
Tinubu’s Administration Secures $30 Billion in Foreign Investments
President Bola Tinubu has shared that his administration, in less than two years, has attracted a significant $30 billion in foreign direct investment (FDI) commitments to Nigeria.
Tinubu’s message was conveyed by the National Security Adviser, Nuhu Ribadu, who represented him at the 2024 Comptroller General of Customs (CGC) conference held in Abuja.
Ribadu listed Tinubu’s strategy to transform Nigeria into an attractive investment hub by focusing on policies that promote economic stability and transparency.
“Since taking office, we have worked relentlessly to create an environment where investors feel confident about Nigeria’s future,” Ribadu said on behalf of Tinubu.
“The result is that we have already secured over $30 billion in investment commitments.” This, he pointed out, underscores the administration’s vision to lay a solid economic foundation despite numerous challenges.
The president’s ambitious economic reforms, including the removal of fuel subsidies and the unification of Nigeria’s exchange rate system, have been focal points of his administration.
These measures, Tinubu noted, are intended to foster an environment that is both sustainable and fair, encouraging businesses to thrive in a transparent framework.
Though the reforms have required adjustments and sacrifices from Nigerian citizens, Tinubu argued that they are vital for the country’s long-term development and resilience.
In addition, Ribadu cited Nigeria’s improved stability and the administration’s success in raising crude oil production to 1.8 million barrels per day, a feat that reflects Tinubu’s resolve to reposition Nigeria as a leader in global oil production.
This output, boosted by strengthened security in oil-producing regions and collaborative efforts with local communities, is one of the steps aimed at maximizing Nigeria’s natural resources for economic growth.
News
Newly Installed Transformer in Jos Community Vandalized Days After Installation
A newly installed transformer in Rikkos Yarkasu, Jos North, Plateau State, meant to improve power supply, has been vandalized just days after being set up by Jos Electricity Distribution (JED).
Community members allege that the delay in connecting power led to the looting, as vandals exploited the power outage.
Shapiu Usman, a youth leader, noted that the community had been in darkness for eight months.
JED’s Regional Manager, Engr. Kabiru Lawal, confirmed the transformer’s N24 million cost, explaining the delay resulted from unpaid community debts.
He added that transformer theft has surged recently, with 80 units reported vandalized across the region following a power disruption in the 330kV transmission line between Enugu and Benue.
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