The Federal Government has launched a new initiative to strengthen health sector procurement by certifying a group of officers through the CIPS HPA Nigeria qualification program. This program aims to reduce waste, improve transparency, and ensure access to safe and affordable medicines. The certification program was announced at a graduation ceremony in Abuja, where top officials from the Bureau of Public Procurement (BPP) and the Chartered Institute of Procurement and Supply (CIPS) addressed participants. Dr. Adebowale Adedokun, Director General of BPP, emphasized that the certification represents professional competence and ethical standards in procurement. The program is designed to prevent malpractice…
Author: Omolemi Eboisetale
The Lagos State Government has announced plans to concession seven mini and micro waterworks to private investors as part of efforts to boost potable water supply in the state. The initiative is part of the state’s 2025-2030 Strategic Business Plan, aimed at improving access to clean water for millions of Lagos residents. The Lagos Water Corporation (LWC) will execute the project through a Public-Private Partnership (PPP) designed to rehabilitate, upgrade, and operate the facilities in lots to financially capable investors. According to the Managing Director of LWC, Engr. Mukhtaar Tijani, the initiative will bring in private sector financing, expertise, and…
Stakeholders from pipeline and crude oil host communities in the Niger Delta have urged the Federal Government to expand the security contract of Pipeline Infrastructure Nigeria Limited (PINL). The stakeholders attribute the recent rise in oil and gas output to PINL’s operations and its collaboration with host communities. The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) recently reported that gas production rose to an average of 7.59 billion standard cubic feet in July, alongside a consistent increase in crude oil production. PINL currently provides surveillance for the Trans Niger Pipeline (TNP), which traverses Rivers, Bayelsa, Imo, and Abia States. Community leaders…
The Nigerian Exchange Limited (NGX) is set to attract the Nigeria Blue Economy sector to the capital market through the issuance of Blue Bonds. This move was announced by the Chief Executive Officer of NGX, Jude Chiemeka, at a quarterly citizens and stakeholders’ engagement organized by the Ministry of Marine and Blue Economy in Lagos. The Blue Bonds will be issued in collaboration with the Ministry of Finance on behalf of the Ministry of Marine and Blue Economy. The proceeds from the bond issuance will be directed towards funding maritime activities that align with the ministry’s key objectives. Chiemeka noted…
Nigeria has attracted $19.92 billion worth of investment signals in the second quarter of 2025, representing a 277.9% increase compared to $5.27 billion recorded in the first quarter of 2025. This significant jump brings the total value of investment signals to $25.19 billion in the first half of the year. The Nigerian Investment Promotion Commission (NIPC) reported over 80 investment signals in Q2’25, with notable deals including ExxonMobil’s $1.5 billion deepwater oil signal, aimed at boosting competitiveness in the energy sector. SINOMACH’s $1 billion infrastructure commitment in Southern Nigeria and Nigerian Capital Development Fund’s $1 billion economic expansion signal also…
The Corporate Affairs Commission (CAC) and the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) have launched a nationwide initiative to provide free business registration for 250,000 nano, micro, and small enterprises. This drive aims to break down barriers that keep small businesses informal, promoting formalization and strengthening Nigeria’s MSME ecosystem. “This initiative is a game changer for small businesses in Nigeria,” said a source. The CAC will waive approximately ₦3 billion in registration fees, making it easier for small businesses to formalize. MSMEs already on SMEDAN’s database without CAC registration will automatically qualify for the free registration drive.…
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has accused Dangote Refinery of terminating the employment of over 800 Nigerian workers and replacing them with more than 2,000 Indian nationals. PENGASSAN described the move as “unjust” and a violation of Nigeria’s labor laws, citing Section 7 of the Labour Act, which prohibits discrimination and ensures the right to fair treatment in the workplace. According to PENGASSAN, the refinery’s action undermines the welfare of Nigerian workers and the integrity of the country’s labor system. “The mass termination of our members without due consultation or transparent justification is a…
The Dangote Refinery has initiated a major workforce reorganization in response to repeated acts of sabotage that threatened the operational safety of its 650,000 barrels per day facility. According to the refinery’s management, the decision was necessary to safeguard its assets and ensure smooth operations. “It is not a mass sack, it’s a clean-up,” a senior official explained. The reorganization, which affected a limited number of employees, was designed to plug leakages and protect the company’s assets. The management emphasized that production activities remain fully operational, with both Nigerian and expatriate staff continuing their work. “Anyone who doesn’t have a…
The Deputy Spokesman of the House of Representatives, Rep. Philip Agbese, has defended President Bola Tinubu’s administration, saying its policies are on track despite delays in implementing the 2025 budget. Agbese commended Tinubu’s focus on transparency and sustainable economic growth, citing a 3.46% GDP growth in Q3 2024 and rising foreign reserves. According to Agbese, the government’s reforms, including fuel subsidy removal and exchange rate unification, have contributed to the economic growth. “This shows that the government is delivering results, not rhetoric,” he said. Agbese also dismissed the U.S. Department of State’s 2025 Fiscal Transparency Report, which flagged Nigeria for…
The coronation ceremony of Oba Rashidi Adewolu Ladoja as the 44th Olubadan of Ibadanland has been marked with the unveiling of a rotating statue of the new monarch. The life-size statue, dressed in an embroidered purple Yoruba traditional robe, was mounted on a round platform that rotates 360 degrees. The statue features layers of red neckbeads, a walking staff, and a horsetail, bearing a vivid resemblance to the new Olubadan. Tens of thousands of well-wishers gathered for Oba Ladoja’s coronation, which marks a significant milestone in Ibadan’s history. The event drew traditional rulers, eminent personalities, politicians, scholars, and citizens of…
President Bola Tinubu has departed Abuja for Ibadan, Oyo State, to attend the coronation of the new Olubadan of Ibadanland, Rashidi Ladoja. The President’s aircraft took off from the Nnamdi Azikiwe International Airport, Abuja, at approximately 12:45 p.m. on Friday. In Ibadan, President Tinubu will lead an array of dignitaries to witness the official installation of the new monarch at the historic Mapo Hall. The coronation ceremony promises to be a grand affair, with traditional rulers, political leaders, and notable personalities in attendance. The Sultan of Sokoto, Alhaji Sa’ad Abubakar, serving Senators, House of Representatives members, and traditional rulers are…
The Federal Airports Authority of Nigeria has announced that all payments at its revenue points, including airport access gates, car parks, VIP, and protocol lounges, will go cashless starting September 29, 2025. This move is part of FAAN’s effort to modernize airport operations and align with global digital trends. FAAN has partnered with Paystack to introduce a contactless payment solution, dubbed “Operation Go Cashless”, at Murtala Muhammed International Airport in Lagos and Nnamdi Azikiwe International Airport in Abuja. The initiative aims to enhance efficiency, improve revenue assurance, and deliver a better customer experience at Nigerian airports. According to FAAN, the…