Witty Global blog

 FEC. Has Finally Put An End To Poverty In Nigeria, Through The Approval Of Annual $5bn Humanitarian, Poverty Alleviation Trust Fund T he Federal Executive Council (FEC) approved the establishment of the Humanitarian and Poverty Alleviation Trust Fund to alleviate economic hardship for vulnerable Nigerians. The Minister of Humanitarian Affairs, Betta Edu, announced at the end of the third council meeting, presided over by President Bola Tinubu at the Council Chamber, Presidential Villa, Abuja, that a Humanitarian and Poverty Alleviation Trust Fund has been approved. The fund is expected to generate up to $5 million annually and will be overseen by a governing board.  The board will supervise the fund's implementation, which its members will meticulously work out. Relevant ministers, including the finance minister, will be involved. This flexible form of financing is designed to help Nigeria respond effectively to humanitarian crises and challenges and address the country's pove

  It's abusive, lacks merit' — Tinubu asks court to dismiss Atiku's appeal. President Bola Tinubu has asked the Supreme Court to dismiss the appeal filed by Atiku Abubakar and the People's Democratic Party (PDP). As per The Cable News, President Tinubu has stated that the appeal filed by the Peoples Democratic Party is both abusive and lacks merit. You may recall that Abubakar and the PDP had filed a petition challenging the results of the presidential election held on February 25. The petitioners had raised several issues, including the alleged irregularities and non-compliance with the Electoral Act during the election. It was alleged that Tinubu and his vice, Kashim Shettima, did not meet the requirements to run for office and did not win the election by a majority of lawful votes. However, the presidential election petition tribunal ruled on September 6 that Abubakar could not prove all the claims in his petition. Following this, the PDP candidate filed an appeal wi

ND PHC. Grand Planned Major Relief For Over 70 Manufacturing Firms In Lagos And Ogun States-FG Over 70 manufacturing companies operating in Lagos and Ogun States are set to experience a major relief as the federal government through the Niger Delta Power Holding Company (NDPHC) has begun the process of sustainably solving their energy challenge with the introduction of an efficient and stable Bilateral power project for them. The Vice President, Senator Kashim Shettima, accompanied by the Governors of Lagos and Ogun States, Mr. Babajide Sanwo-Olu and Dapo Abiodun, respectively and the Managing Director of NDPHC, Mr. Chiedu Ugbo, yesterday kick off the NDPHC/Agbara Industries Bilateral Energy Sales Roadshow. The roadshow was an avenue for the federal government, the two state governments, NDPHC and the technical and financial partners to present to meet and interact with the companies, assuring them of the opportunities inherent in the proposed bilateral power project for them. The Vice

  NUPRC canvasses African investors to address a 3.1 million cubic feet per day gas deficit by 2030. The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has urged businesses operating in the African oil and gas sector to take advantage of Nigeria's new regulatory and commercial environment. The aim is to halt the projected gas deficit of 3.1 billion cubic feet per day by 2030. Speaking at the Africa Oil Week in Cape Town, South Africa, the CEO of NUPRC, Mr Gbenga Komolafe, stated that opportunities are available for existing investors and new entrants in the Nigerian upstream gas sector. During a presentation at a recent conference, Komolafe discussed the potential for investment opportunities in Nigeria's upstream petroleum sector about the Energy Transition Regime. He highlighted the favourable fiscal incentives outlined in the Petroleum Industry Act (PIA) and encouraged interested investors to take advantage of them.  Komolafe also emphasized Nigeria's potentia

War Of Words, As APC Tackle Obi Over Tinubu The presidential candidate of the Labour Party in the February 25, 2023, election, Mr. Peter Obi, and the All Progressives Congress, APC, were yesterday locked in a verbal war over the alleged identity controversy of President Bola Tinubu . Obi had asked President Tinubu to save Nigeria and Nigerians further embarrassment by clearing the air on his identity, but the APC insisted the President had no identity crisis. This  came as the British Broadcasting Corporation, BBC, said there was no evidence to show that Tinubu submitted a forged certificate to the Independent National Electoral Commission, INEC. However, In a swift response, Atiku described the BBC report as a jaundiced and hatchet job. Speaking at a briefing in Abuja yesterday, Obi noted that he, like many other Nigerians, had to answer embarrassing questions about the genuineness of the President’s academic credentials, especially his Chicago State University, CSU, certificate. Acco

The Federal Government has directed all contractors to commence work on their respective sites within 14 days. The Minister of Works, David Umahi, directed and appealed to all contractors to move to their respective sites within 14 days. During a meeting with contractors, partners, and stakeholders in the works sector at the ministry's conference room in Abuja, Umahi urged contractors to stop making promises and instead focus on delivering quality work. He emphasized that their ability to provide was more critical than making statements. The Director (Information), Press and Public Relations at the Ministry, Blessing Lere-Adams, issued a statement saying that the minister directed all contractors to go back to their respective sites and carry out permanent jobs that would stand the test of time and that letters would be issued to this effect. He said there would be no processing of certificates or payment of mobilization fees to contractors who failed to obey the rules. "If yo

  Former Govs, Ex-Ministers, Others Under  Investigation —EFCC After receiving petitions, the Economic and Financial Crimes Commission (EFCC) announced that they are investigating some former governors, ministers and ministry officials. The Commission stated that details of their involvement will be made public soon . Mr Dele Oyewale, spokesperson for the Commission, disclosed that the EFCC has recovered N27 billion and $19 million in three cases. He also stated that the Commission is progressing in line with its mandate. According to Oyewale, the Commission is progressing in line with its mandate. They have received petitions regarding public officials, including former governors, ministers, and ministry officials. Investigations are currently ongoing, and details of their involvement will soon be made public. The Commission is also investigating monumental fraud involving some officials of the Federal Ministry of Power and Agricultural Procurement fraud, where funds meant for the Mam