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Open House Archives - Page 2 of 25 - OrderPaper

Ajaokuta, Mambila, Tinapa among 8 abandoned projects with wasted funds

Sani, who represented Kaduna Central in the 8th Assembly, pointed out 8 abandoned projects in Nigeria and the amount wasted on these projects. Top 8 abandoned projects in Nigeria and amount WASTED;1.Ajaokuta steel mills Amount spent $8Billion. 2.Mambila Hydro Power plant Amount spent $5.8Billion. 3.Brass LNG Amount spent $10Billion but disputed by NNPC to be $1.9 Billion. 4.Abuja CCTV project… — Senator Shehu Sani (@ShehuSani) April 7, 2024 Nigeria is currently in a critical situation...

TRENDING: Sustainability and Nigeria’s Oil and Gas Industry

Having examined the concept of sustainability and the various reporting frameworks, it is reasonable and justifiable to be curious as it relates to Nigeria’s oil and gas industry. This piece seeks to break down this relationship with a throwback to where it all started – the history of the black gold in Nigeria. Key facts on Nigeria’s oil and gas  Nigeria is a nation rich in natural resources, particularly oil and gas. As of July...

Exclusive: “The educational system, rotten for too long” – Prof. Waziri

In an exclusive interaction with OrderPaper, Professor K.M Waziri says that the educational system has gotten “rotten for too long a time” and needs a holistic review, one after the other. Since its inception, the recently enacted Student Loan Act has encountered numerous hurdles and debates. President Bola Tinubu had on 3rd April 2024 signed the Student Loan Repeal and Re-enactment Bill into law at the State House of Assembly in Abuja. Before this, OrderPaper...

CBN peg new minimum capital requirement for banks at N500bn, N200bn

CBN has given all banks 24 months to  meet the minimum capital requirement. The Central Bank of Nigeria (CBN) on Thursday, March 28, 2024, unveiled new minimum capital requirements for banks, pegging the minimum capital base for commercial banks with international authorisation at N500 Billion. This development came days after urging Nigerian banks to expedite action on the recapitalisation of their capital base in order to strengthen the financial system. Acting Director, Corporate Communications Department,...

EXCLUSIVE: Citizens express concern over increased Hajj fare

Senator Ali Ndume had earlier condemned the increase, describing it as unfair and a calculated attempt to prevent Nigerian Muslims from taking part in the pilgrimage. The Governor of Kano State, Abba Yusuf, has paid N500,000 each for 2,900 intending Kano pilgrims who will perform this year’s Hajj under the umbrella of the Kano State Pilgrims Welfare Board. Governor Yusuf disclosed this on Wednesday in a post on his Facebook page, which according to him,...

Nigeria Seeks Joint West Africa Regional Protection of Undersea Cables

Maida expressed that securing telecom infrastructure is paramount for fostering Foreign Direct Investment (FDI) and enhancing investor confidence in the West African sub-region. In response to recent disruptions caused by undersea cable cuts affecting connectivity across West Africa, Nigeria has called for a unified effort among regional nations to protect shared telecommunications infrastructure and ensure uninterrupted services. Dr. Aminu Maida, Executive Vice Chairman of the Nigerian Communications Commission (NCC), emphasized the need for a coordinated...

Tinubu hosts Senators as they break Ramadan fast

Following the dinner, Senator Jibrin Barau (APC, Kano North) took to his X handle (formerly known as Twitter) to appreciate President Tinubu for hosting the Senators which he described as “historic” President Bola Tinubu has hosted the leadership of the Senate to a dinner to break the Ramadan fast. The dinner was held at the State House on Thursday, 21st March 2024 with the Senate President, Godswill Akpabio, his Deputy, Jibrin Barau and other Principal...

GESI TRACKER: Student loan and need to support out-of-school children

In this week’s GESI Tracker, for March 11th to 15th, 2024, the National Assembly highlights important Gender Equality and Social Inclusion (GESI) components, including the urgent need to address the challenges faced by out-of-school children and the Student Loans Scheme.       GESI TRACKER: Student loan and need to support out-of-school children The need to support out-of-school children. In Nigeria, millions of children are out of school due to poverty, limited access, gender,  conflict,...

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