Good morning. Here is today’s summary from Nigerian Newspapers:
1. Electricity Subsidy: FG Counters Falana
- Minister Says FG Still Has N1.8tr To Pay As Electricity Subsidy Despite Band A Tariff Hike
- Says Electricity Act, 2023 Made Provisions For The Review Of Tariff Twice A Year
- Adelabu Backtracks, Apologises For Saying Nigerians Keep Freezers On Due To Low Tariff
The uproar that greeted the hike in tariff by the Federal Government of Nigeria through the Nigerian Electricity Regulatory Commission (NERC) to Band A customers (those who enjoy up to 20 hours of electricity per day has refused to go away. READ MORE
2. FG Optimistic Of Completing Lagos Calabar Coastal Highway In Eight Years, To Cost N2.8tr
- Motorists To Pay Average Of N3k Per Toll Gate
The Federal Government Minister of Works Dave Umahi says the Lagos-Calabar coastal road construction will take eight years and cost a tentative total of N2.8tr for the 700km highway at N4bn per kilometre. READ MORE
3. Zenith Bank Achieves Historic Milestones In 2023 With Stellar Triple-Digit Topline And Bottom-Line Growth
Zenith Bank Plc has announced its audited results for the year ended December 31, 2023, achieving a remarkable triple-digit growth of 125% in gross earnings from NGN945.6 billion reported in 2022 to NGN2.132 trillion in 2023. READ MORE
4. Odili Courts Wike’s Anger, Pronounces Fubara Political Leader Of Rivers State
In a development that is certain to irk the Minister of the Federal Capital Territory (FCT) Nyesom Wike, a former Governor of the state, Peter Odili has endorsed Governor Siminalayi Fubara as the political leader of the state, praising him for defending the interests of the people. READ MORE
5. Tinubu Mourns Ogbonnaya Onu Says He’s An Accomplished Scholar, Govs Too
President Bola Tinubu has mourned the death of the first civilian governor of Abia State, Chief Ogbonnaya Onu, who passed away on Thursday at the age of 72. READ MORE
6. Idumota Market Fire: Sanwo-Olu Vows To Demolish Unapproved Buildings,
Following an outbreak of fire at the popular Idumota market in Lagos state, the state’s governor Babajide Sanwo-Olu has vowed that unapproved buildings will be demolished. READ MORE
7. Again, DMO To Raise N450 Billion In April Bond Auction
The Debt Management Office (DMO) plans to hold its April bond auction on April 15 in an effort to raise N450 billion. READ MORE
8. Family Of Ex NGX Chairman, Ogunbanjo Sues Charter Company Over Helicopter Crash Which Killed Him, Wigwes
The family of late Abimbola Ogunbanjo, the former group chairman of Nigerian Exchange Group Plc (NGX Group), who was killed in a Southern California helicopter crash in February, has filed a lawsuit against the US chopper company. READ MORE
9. Reactions Trail Death Of Nollywood Actor, Junior Pope
April 10 will forever be remembered by the Nigerian movie industry (including the writer) because it is a day one of Nollywood finest died in the most tragic way. , John Paul Odonwodo aka Junior Pope died in the line of duty for many reasons which include the lackadaisical nature of the producer of the movie
For that It has been unanimously declared no shooting day. Pope died with two others which was confirmed. READ MORE
10. Three Man City players, Barcelona duo in UEFA Champions League team [Full list]
UEFA on Thursday included three Manchester City players, and a Barcelona duo, among others, in the Champions League team for this week. READ MORE
