The House Committee on Labour, Employment, and Productivity, alongside its Senate counterpart, has advocated for the delisting of the Nigeria Social Insurance Trust Fund (NSITF) from Schedule 1 of the Fiscal Responsibility Act (FRA), 2007. This advocacy follows a decision by the National Assembly and the NSITF to strengthen their

Barrister Isaac Ajiboye Omodewu, the Chairman of the All Progressives Congress (APC) in Oyo State, has passed away. He died in the early hours of Monday in the United States, where he had been seeking treatment since November of last year. Details later

The Nigerian Electricity Regulatory Commission (NERC) has granted permits to various companies, including Golden Penny Power Limited and MTN Communications Nigeria Limited, to generate electricity through mini-grids. In the first quarter of 2024, NERC issued nine new off-grid generation licenses with a combined capacity of 109.69 megawatts, along with three

Governor Dapo Abiodun of Ogun State has approached the Federal Government to mediate in the ongoing dispute with Zhongshan Fucheng Industrial Investment Co. regarding the Ogun Free Trade Zone (FTZ). The governor reportedly met with top federal officials last Thursday to resolve the issue, which has escalated to the seizure

Fuel scarcity may worsen in Lagos this week, according to industry insiders. While fuel remains available, motorists face skyrocketing prices. A depot operator confirmed that supplies would continue to arrive at depots but warned they would be insufficient to alleviate the ongoing crisis. In Abeokuta, Ogun State, the situation is