Business Hilights

Tracking Nigeria's Headline Business News Online

Femi Gbajabiamila

Discos’ demand for subsidy: Another boil in the buttocks loading?

As Nigeria and Nigerians still remain confused on the real status of the endless removal of fuel subsidy, storng indications have emerged showing that another avoidable regime of subsidy is loading in the nation’s electricity sector. This stemmed from the…

Expect electricity tariff hike after criminalisation of estimated billing—NASS

The National Assembly (NASS) weekend introduced fresh angle to the rattling of Nigerians by reactions and counter-reactions of Discos and the Nigerian Electricity Regulatory Commission (NERC) over imminent increase in electricity tariff. The Speaker of the Federal House of Representatives,…

Time to key in blue economy to Buhari’s ERGP—Gbajabiamila

Speaker of the House of Representatives, Rt. Hon. Femi Gbajabiamila, in Lagos Thursday averred that this is the right time to factor in Nigeria’s rich maritime resources as a vital economic safeguard and vehicle for the successful implementation of the…

Gbajabiamila, Oyo-Ita, Stakeholders in Lagos For African Day Of Seas, Oceans

…As Dakuku Rallies Continent For Greater Role In Marine Biodiversity Logistics arrangements are set for Thursday’s (today) celebration of the 2019 African Day of Seas and Oceans hosted by the Nigerian Maritime Administration and Safety Agency (NIMASA) in Lagos. Speaker…

9th Assembly’ll be benchmark for good governance—Johnson

The House of Representative member representing Oshodi/Isolo Federal Constituency 2, Engr Ganiyu Abiodun Johnson, on Monday assured that Nigerians should expect the best legislative productivity and good governance from the ninth National Assembly. Speaking in a telephone interview, the former…

Gbajabiamila begins prayer session to win House speakership contest

Following his Sunday declaration of interest to run for office of the speaker in the ninth assembly, current Majority Leader of the House of Representatives, Femi Gbajabiamila, may be running the battle of his live as other House members including…

Why Fashola, Discos oppose bill criminalising estimated billing

Contrary to the general views of Nigerian electricity consumers that power distribution companies (Discos) are deliberately avoiding metering every consumer to continue to rake in money from electricity not consumed, the Minister of Power, Works and Housing, Mr. Babatunde Fashola,…

Battle for the soul of ASC rages as NASS moves to amend privatisation law

Though the federal government has given a clear indication that it is not ready to change its mind in going ahead to re-privatize the moribund Ajaokuta Steel Complex (ASC) in Kogi State, it is yet to hire transaction adviser. But…

NASS hails crippled beggar for training himself, graduating in law

The House of Representatives has honoured Mr. Abdulsalam Kamaldeen Idowu, a disabled and former homeless street beggar for sponsoring himself through school to become a lawyer and political science graduate. During plenary, House Majority leader, Mr Femi Gbajabiamila, said “…When…