August 12, 2022

[GIST] Two more Owo attack suspects arrested in Ondo

[GIST] Two more Owo attack suspects arrested in Ondo

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THE Defence Headquarters on Thursday said two additional suspected terrorists linked with the Owo attack have been arrested. The Chief of Defence Staff, General Lucky Irabor, had during a meeting with media executives and editors on Tuesday announced the arrest of some suspected terrorists, including the mastermind of the Owo attack. The PUNCH reports that


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[GIST] Nigeria can’t benefit from oil boom, says NECA

[GIST] Nigeria can’t benefit from oil boom, says NECA

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The Nigeria Employers Consultative Association has said that the burgeoning cost of subsidy on petroleum products is the reason Nigeria is unable to benefit from the global hike in crude prices caused by the Russian-Ukraine war. The Director-General of NECA, Mr Wale Oyerinde, said this in a chat with our correspondent in Lagos on Thursday.


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[GIST] Firms collaborate to boost vehicle ownership

[GIST] Firms collaborate to boost vehicle ownership

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Mevron, an e-hailing cab platform, has entered into a partnership with Motor Business Service Nigeria, a subsidiary of Yamaha Motors to enhance vehicle ownership. The Chief Executive Officer, Mevron, Mr Olawale Lasisi, who said this in his speech at the commencement of the company’s operations in Ibadan, explained that the partnership would provide residents and


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[GIST] Lagos govt empowers 2,145 indigent citizens

[GIST] Lagos govt empowers 2,145 indigent citizens

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The Lagos State Government has disclosed that 2,145 vulnerable residents whose businesses were affected by the COVID-19 pandemic have been trained through the Lagos-Cares project. According to a statement on Thursday, the Commissioner for Women Affairs and Poverty Alleviation, Mrs Cecilia Dada, stated this at an event held in Apapa. She said, “The government understands


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[GIST] Stallion eyes 20% of Nigeria’s SUV market

[GIST] Stallion eyes 20% of Nigeria’s SUV market

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Stallion MG has expressed confidence that its recently launched MG ZS will capture between 15 per cent and 20 per cent of Nigeria’s Sports Utility Vehicle market. The General Manager, Stallion MG Automobiles Limited, Anurag Shah, made the assertion recently, according to a company statement. Stallion MG Automobiles is Nigeria’s official representative of the British


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[GIST] Driver steals employer’s van, suspect, guarantor, tracker nabbed

[GIST] Driver steals employer’s van, suspect, guarantor, tracker nabbed

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The Lagos State Police Command has confirmed the arrest of a driver, Paul Ortema, for allegedly stealing his employer’s Toyota Hilux pickup van. The State Police Public Relations Officer, Benjamin Hundeyin, in a statement on Thursday, said Ortema was arrested while trying to sell off the vehicle for N20 million. He also said Ortema’s accomplices,


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August 11, 2022

[GIST] FG procures technology to monitor, prevent grid collapse

[GIST] FG procures technology to monitor, prevent grid collapse

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The Federal Government has deployed a new technology as a stop-gap solution to the challenges confronting Nigeria’s power grid, the Transmission Company of Nigeria has said. Officials of the company said the technology, comprising Internet of Things and the Virtual Private Network, was deployed by the government through TCN to monitor real-time grid operations and


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[GIST] TETFund gets N1.7tn education tax in nine years

[GIST] TETFund gets N1.7tn education tax in nine years

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The Tertiary Education Trust Fund, a Federal Government intervention agency, received a total of N1.702 trillion in education tax in nine years. The figure, which covers between 2011 and 2019, was contained in a report prepared by the Fund and obtained by our correspondent in Abuja on Wednesday. The PUNCH reports that the agency was


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[GIST] Nigeria’s future unpredictable, says Falola

[GIST] Nigeria’s future unpredictable, says Falola

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Renowned historian and professor of African Studies, Prof. Toyin Falola, has said the knowledge of historical facts and events will empower nations with the skills to make good decisions and build purposeful leadership. This is just as he lamented that with the current state of Nigeria, the future is unpredictable. Speaking on Wednesday as the


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[GIST] Protect oil assets, NIMASA urges engineers

[GIST] Protect oil assets, NIMASA urges engineers

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The Nigerian Maritime Administration and Safety Agency has urged the Society of Petroleum Engineers to join in the protection of Nigeria’s oil assets using their expertise. A statement by the Assistant Director, Public Relations, NIMASA, Osagie Edward, said the Director-General of NIMASA, Dr Bashir Jamoh, made these remarks at the 45th SPE Nigeria Council’s ‘Nigeria


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