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It’s not how much we borrow, but what we build — Tinubu

*Adds Lagos-Calabar, Sokoto-Badagry highways, power, ports’re drivers of $1trn economy *NLC demands justification for $20.5bn, €1.45bn loans  By Johnbosco Agbakwuru and Olayinka Ajayi ABUJA — President Bola Tinubu has defended his administration’s external borrowing plans, saying Lagos-Calabar Coastal Highway, Sokoto-Badagry Superhighway, Trans-Sahara Superhighway, electricity grid upgrades and modernisation of key commercial ports in Lagos among…

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‎NDE targets job growth with five-year plan, revamp of 87 training centres

‎‎…ILO backs modern employment service, stronger labour market data to improve job opportunities‎‎By Johnbosco Agbakwuru‎‎ABUJA –The National Directorate of Employment (NDE) has launched a five-year strategic plan aimed at expanding job creation and upgrading its 87 Skills Training Centres, many of which need rehabilitation, modern equipment, or full renovation to meet present-day training requirements.‎‎The 2027–2031…

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Tinubu defends borrowing plans, says investments ‘ll expand opportunities for future generations

‎‎By Johnbosco Agbakwuru‎‎ABUJA —PRESIDENT Bola Tinubu has responded to criticism, especially from opposition leaders, over new loans the country has accessed from international institutions and banks.‎‎In an essay titled “From reforms to delivery: Our infrastructure investment and growth strategy,” to be published on Nigerian news platforms, President Tinubu wrote: “The real question is not how…

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Osimhen welcomes second child with Cameroonian-German girlfriend

Super Eagles striker Victor Osimhen and his girlfriend, Stefanie Ladewig, have welcomed their second child, a baby girl named Liora Audrey. Galatasaray, the Turkish club where Osimhen plays, announced the arrival of the couple’s daughter in a social media post on Thursday. “Our Football A Team player Victor Osimhen and Stefanie have welcomed a baby…

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Alleged plot to shift poll: it’s fake news, we’re unaware — Presidency

•ADC-PCC insists on allegation plot, warns Tinubu •Reps call for INEC briefing on preparedness By Johnbosco Agbakwuru, Luminous Jannamike & Gift ChapiOdekina THE Presidency has described as fake news allegations that the Federal Government was planning to shift the January 16 elections. African Democratic Congress Presidential Campaign Council, ADC-PCC, had earlier raised an alarm over alleged…

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FG approves East, West super grids to raise transmission capacity to 19,000MW

•Pays N1.23trn of N3.3trn power sector debt By Johnbosco Agbakwuru ABUJA—THE Federal Government  said yesterday it has approved the commencement of procurement for the proposed East and West super grids, as part of efforts to strengthen the national electricity network and raise transmission capacity from about 5,000 megawatts to 19,000MW within two years. Minister of…

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Deputy Senate President faults Osinbajo over alleged comments on gloomy economy, democracy

*Says Tinubu addressing long-standing challenges By Henry Umoru  ABUJA — Deputy President of the Senate, Senator Barau Jibrin, APC,  Kano North, has taken a swipe at former Vice-President Yemi Osinbajo over the gloomy picture he  painted of Nigeria’s economy and democratic governance. Senator Barau  Jibrin  who noted that Osinbajo got it wrong , said the…

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Manufacturers raise alarm over N1.35trn alternative power costs, 18,935 job losses

*Say growth crawls at 1.41%, despite broader economic recovery *Urge FG to cut energy, financing costs lAcknowledge govt’s import-duty, value-added tax relief on 875 pharmaceutical raw materials By Victor Ahiuma-Young & Omotola Aremo LAGOS — Manufacturers under the aegis of Chemical and Non-Metallic Products Employers Federation, CANMPEF, said yesterday they were facing mounting pressure from…

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2027: FG’s awardee, Usoro warns against fake news, deepfakes

By Emma Ujah, Abuja Bureau Chief The Federal Government yesterday gave the Executive Chairman of Miden Systems Limited, Dr. Brendan Usoro, an award for excellence in corporate governance and business integrity. This is even as the awardee warned that fake news and Artificial Intelligence-generated misinformation posed growing threats to businesses, national security and Nigeria’s 2027…

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Police to probe ASP over alleged assault on man in Imo

The Imo State Police Command has commenced an investigation into its officer identified as ASP Gabriel Utuh, team leader of the Rapid Response Squad, RRS, deployed along Owerri -Orlu road for allegedly assaulting a civilian while on duty. According to a press statement issued through the desk of the spokesperson of the Command, Henry Okoye,…

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