Who is Nigeria’s Minister of Power? Mr. Adedayo Adelabu is Nigeria’s incumbent Minister of Power. Adelabu was a former deputy Governor at the Central Bank of Nigeria (CBN). The Most Troubled Ministry in Nigeria Between 1999 to 2007, President Olusegun Obasanjo’s administration spent NGN374.65 billion or $2.88billion on the power sector, but there was no result. … Read more
With the mandate to promote agro-processing, preservation, and storage to reduce pre and post-harvest losses to the barest minimum, Nigeria’s Ministry of Agriculture and Food Security has the most elaborate functions in Nigeria’s economy. Name change Until the name change, it was known as the Federal Ministry of Agriculture and Rural Development. It is one … Read more
Who is Nigeria’s new Minister of Petroleum Resources? Like his predecessor, President Bola Tinubu is the Minister of Petroleum Resources. Heineken Lokpobiri, the Minister of State, Petroleum Resources (Oil) and Ekperikpe Ekpo, the Minister of State of petroleum Resources (Gas) will assist the president. How Petroleum Resources Ministry Came About The discovery of the first … Read more
Who is Nigeria’s Minister of Industry, Trade, and Investment? Dr. Doris Anite is new Nigeria’s Minister of Industry, Trade and Investment. Anite was a trained medical doctor-turned-banker before joining politics. Understanding The Ministry of Industry, Trade and Investment With the capacity to design, promote, and implement government-approved policies that could diversify Nigeria’s economy from crude … Read more
Ministry of Education, no doubt, is one of the oldest ministries in Nigeria. While other ministries have undergone several name changes, the education ministry has borne the same name as far back as 1960. Because of the importance of education to nation-building, it designs national policy on education. Who is the new minister of education … Read more
Who is the Minister of Environment? Ishak Salako from the Southwest is the Minister of State, Environment and Ecological Management. Meawhile, the Ministry of Environment and Ecological Management is a slot for Kaduna State and the APC excos in the state is yet to come up with a unanimous candidate to represent the state in the cabinet of … Read more
Who is Nigeria’s Minister of Labour and Employment? Nkeiruka Onyejeocha is Nigeria’s Minister of State for Labour and Employment, has been in charge of the ministry since Senator Simon Lalong has gone to the Senate. It is the number ministry that exposes the failure of government both at the national level and the state level. … Read more
Bitcoin price began the month of October 2021 on a good note as it spiked across all major cryptocurrency exchanges around the world trading $48,170.80 at the time of this report. It showed an impressive comeback from the September 24 ban by the Chinese authorities. It was trading above $43,000 before it dropped to $40K after … Read more
Who is the Minister of Niger Delta Affairs? The incumbent Minister of Niger Delta Development is Mr Abubkar Momoh (from Edo State). He was redeployed from the Ministry of Youth to Niger Delta Ministry on Sunday, August 20, 2023. The ministry which has been renamed Niger Delta Development was initially omitted when President Bola Tinubu … Read more
FCTA agencies Historical background of FCTA As far back as the 1960s, when the administrative headquarters of Nigeria was in Lagos, there has been a special ministry specifically created for the administration of the Federal Capital Territory of Nigeria. From the days of Alhaji Tafawa Balewa to Aguiyi Ironsi, the first military administration in Nigeria, … Read more
Who is the Minister of Steel Development? Shuaibu A. Audu is the new Minister of Steel Development in Nigeria. During the government of ex-President Muhammadu Buhari, the ministry was known as the Ministry of Mines and Steel Development in Nigeria. Nigeria is blessed with numerous mineral resources which if appropriately harnessed can generate trillions of … Read more
The majority of barite in Nigeria is mined in Cross River, Benue, Nasarawa, Zamfara, Taraba, Plateau, Adamawa, Rivers, Gombe, and Ebonyi states. On Friday, October 29, 2021, Nigeria’s government through its Minister of Mines and Steel, Olamilekan Adegbite, announced that Africa’s biggest economy has joined the list of countries that have large deposits of barite. … Read more
Guaranty Trust Holding Company (now Guaranty Trust Bank) is selling US dollars to online buyers at NGN480.96/$1, research by InfomediaNG Business Solutions (IBS) has shown. Most times, commercial banks that have foreign exchange licences do not sell forex at a unified rate to customers as they determine what their rate would be. When a team … Read more
In a few weeks from now, millions of Christian homes around the world will be agog for the celebration of Christmas, a celebration that is famously known for crazy online demand for gift items ranging from fashion to consumables. The celebration period isn’t meant for those who want to satisfy their market needs, it’s also … Read more
Until the Economic and Financial Crimes Commission (EFCC) released a public statement Wednesday, October 27, 2021, that it would be auctioning some properties linked to Nigeria’s former Minister of Petroleum Resources, most people never knew there was a lady’s bra as expensive as $12.5 million. For your information….$12.5million is NGN7,000,000,000 at the parallel market at … Read more