NEWS
Crude Output Drops Amid Global Price Crash
Nigeria's average daily crude production has dropped once more in March, endangering the country's budget as the world struggles with a global collapse in crude prices. According to data released by the Nigerian Upstream Petroleum Regulatory Commission, the daily crude production figure was an average of 1.40 million barrels per day, down from 1.465 mbpd in February. The PUNCH reports that...
”Grid Collapse Defeated With Additional 700MW” – Minister
The Federal Government has announced a significant improvement in the stability of Nigeria’s power grid, attributing it to the installation of an additional 700 megawatts in transmission capacity. The Minister of Power, Adebayo Adelabu, said this at the weekend when he received the EU Ambassador to Nigeria, Gautier Mignot, in his office in Abuja. According to a statement released on Sunday...
Sony Confirms PS5 Price Hike In Select Markets
Sony has announced a price increase for certain PlayStation 5 consoles in select markets—excluding the United States—citing “challenging” global economic conditions as the reason. The price of the PS5 digital edition, which has no disk drive, will rise by more than 10 percent in Europe, Britain and Australia, the company told AFP on Monday. The company said on Sunday in a...
Christian Leaders Set To Stage Protest Over Plateau Killings
According to information obtained by The PUNCH, Christian leaders in Plateau State are organizing a protest in response to the state's ongoing murders. In the early hours of Monday, gunmen reportedly killed over 30 villagers in Bassa communities. Also, last week, over 50 people were killed in several attacks launched by gunmen in various communities in the Bokkos Local Government Area. A...
Police Dismiss Officer Involved In Fatal Calabar Shooting
Inspector Effiong Bassey, a police officer who killed one person and injured two others in Calabar, the state capital, has been fired by the Cross River State Police Command. The state police spokesman, Irene Ugbo, confirmed the dismissal in a statement on Monday, saying Bassey had been charged to court and remanded at the Afokang Correctional Centre. She said, “The police...
Women Stage Demonstration Backing Emergency Rule In Rivers
Hundreds of women took to the streets of Port Harcourt on Monday to show their support for the declaration of a state of emergency in Rivers State. The women, all dressed in white, gathered at the Garrison Bus Stop in the city centre at 8 a.m. to begin the rally. As of the time this report was filed, the women were...
Okpebholo Commences Needs Assessment In Edo, Pledges To Unseat PDP
Sen. Monday Okpebholo, the governor of Edo, has started visiting communities to learn about their needs and devise solutions for them instead of waiting for the election to use them as campaign issues. Besides, the governor has vowed that in a matter of days, there would be mass defection from the opposition Peoples Democratic Party (PDP) as he said the...
Court Orders Remand Of Portable In Kwara Prison Over Unmet Bail Conditions
Controversial singer Okikiola Badmus, widely known as Portable, has been sent to the Oke Kura Correctional Centre in Ilorin, Kwara State, after failing to meet the tough bail conditions set by an Upper Area Court. This follows the singer’s appearance in court on Monday on the charges of defamation of character levelled against him by veteran Fuji musician Akorede Saheed,...
Eight Kwara TESCOM Applicants Dismissed Following Failed Drug Tests
A minimum of eight candidates from the 1,800 shortlisted for teaching positions by the Kwara State Teaching Service Commission have been disqualified after testing positive for prohibited substances. This was disclosed in a statement on Monday by the TESCOM Press Secretary, Sam Onile, who quoted the Chairman of the Commission, Bello Abubakar. According to the statement, the disqualified applicants tested positive...
GenCos Warn Of Imminent Shutdown Amid N4 Trillion Outstanding Debt
Nigeria's 23 power generation companies, GenCos, have issued a warning that they can no longer ensure a stable electricity supply, citing a deepening liquidity crisis in the electricity sector, with outstanding debts now surpassing N4 trillion. The firms, under the aegis of the Association of Power Generation Companies, raised the alarm in a statement issued on Monday and signed by...
