Photo Of Fela Rocking Burna Boy’s Mother On Stage Surface

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We have achieved 6.7m connection —Rural Electrification Agency

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  Ahmad Salihijo Ahmad is an energy, environmental specialist and the current Managing Director/Chief Executive Officer of the Rural Electrification Agency (REA). The agency is charged with the responsibility of providing access to reliable electric power supply for rural dwellers irrespective of where they live. Ahmad speaks, in this interview, on how his agency is boosting the economic development of rural dwellers while discharging their duties. Excerpts: By Olalekan Bilesanmi Your agency focuses on rural electrification and in implementing your mandate, several households are benefiting from improved livelihoods, could you please tell us about how your agency is contributing to this. Primarily, the Rural Electrification Agency (REA) is an implementing agency of government, set up through the Electric Power Sector Reform (EPSR) Act of 2005, and is under the supervision of the Federal Ministry of Power. The Agency is mandated to provide power to the unserved and underserved Niger...
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Old Notes: Confusion, as banks carry out CBN directive

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  Open branches weekend, expect clearer directive todaylPoS operators ignore CBN warning on selling banknoteslExperts in divergent view on implementation, impact The banking industry was in disarray over  implementation of the directives of the Central Bank of Nigeria, CBN, on collection of the old banknotes in the denominations of N500 and N1,000 during the weekend. The apex bank was said to have directed the banks to collect the old banknotes which it had declared non-legal tender with effect from February 10,2023, prompting the banks to not only issue mails to customers to come and deposit their old notes but actually began to collect the old notes. The commercial banks also sent out emails to their customers on Friday, re-opening their branches last Saturday after suspending weekend banking previous weekend with the deadline of old notes acceptance. However, with a statement from the CBN late Friday denying the alleged directive to collect old notes, some of the banks susp...
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Korea tips Nigeria as gateway to Africa’s blue economy

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  By Godwin Oritse THE Deputy Minister for Overseas Koreans and Consular Affairs, Republic of Korea, Choi Yeong, has said that Nigeria is the gateway to unlocking the potentials of the African Blue economy. Choi Yeong made the assertion during a courtesy call on the management of the Nigerian Maritime Administration and Safety Agency, NIMASA, in Lagos in company of the Korean Ambassador to Nigeria, Kim Young Chae. He commended the sustained and improved security situation in the Gulf of Guinea with the strong presence of Nigeria, adding that the Korean government looks forward to continuous support from the Nigeria government in the area of intelligence and information sharing. He stated: “Nigeria is one of the biggest countries on the African continent in terms of economy size, population and market potential. So Nigeria could be a very important partner to us the People of Korea. Nigeria could be our gateway to the whole of the African continent.” Director General, NIMASA, D...
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