• About
  • Contact
  • Advertise
Saturday, October 17, 2026
No Result
View All Result
Worldstage News
  • Home
  • NIGERIA
    Nigeria: FEC approves major upgrades for Airports’ navigation systems

    Keyamo, Fani-kayode clash over claim of collapse of Nigeria Airways under Obasanjo administration

    SERAP urges INEC to account for alleged missing N55.9b meant to buy smart card readers, ballot papers, others

    Tinubu picks new National, Resident Electoral Commissioners for Senate scrutiny

    Sanwo-Olu calls for collective commitment to food security in Lagos

    Sanwo-Olu calls for collective commitment to food security in Lagos

    Nigeria’s headline inflation eases by 160bps to 14.45%

    Nigeria’s inflation drops to 14.63% in September as food remains biggest driver

    Nigeria: FG, States, LGs share N2.094trn revenue for October 2025

    FG, States, LGs share N2.428trn September revenue

    Nigeria: CIPDM inducts EFCC spokesperson, Dele Oyewale as Fellow

    NDLEA confirms recovery of tons of illicit drugs in flight boarding cards, others

    Nigeria: Reps passes bill to empower NDLEA establish nationwide rehabilitation centres

    Young Nigerians should drive positive change, not internet fraud – Olukoyede

    Tinubu congratulates EFCC chairman, Olanipekun Olukoyede, on his birthday

    Nigeria: Tinubu accepts APC presidential ticket, vows to consolidate reforms

    Nigeria: Opposition parties regroup against Tinubu ahead of 2027 general elections

  • Entertainment
    NFC congratulates Funke Akindele as film ‘Behind The Scenes’ grosses over N2b at the box office

    Funke Akindele set to release latest film ‘Where Is Mr. Right?’ Aug. 15

    British singer Luca Zuccotti visits Afrika Shrine, celebrates Fela’s Afrobeats legacy

    British singer Luca Zuccotti visits Afrika Shrine, celebrates Fela’s Afrobeats legacy

    Deejays disown report of Burna Boy’s music ban

    Burna Boy is Africa’s best-selling artiste with 14.46m equivalent album units

    Tems makes history as first African female artiste to clinch Diamond single in U.S.

    MTN gives 20 startups N5m each in Cloud Accelerators programme

    MTN, Ultima offer N225m recording deal, others to Next Afrobeat Star 2.0 winner

    NFC congratulates Funke Akindele as film ‘Behind The Scenes’ grosses over N2b at the box office

    Funke Akindele confirms inspiration by American filmmaker Tyler Perry

    Deejays disown report of Burna Boy’s music ban

    Burna Boy edges Tems as African artiste on billboard Hot 100 entries

    Nigeria–Congo World Cup dispute: Fresh speculation as DR Congo omits two controversial players

    Burna Boy, Shakira set to release FIFA World Cup song “Dai Dai”

    Mixed reactions trail Davido’s appointment as youth mobiliser for Adeleke’s re-election campaign

    Davido set for induction into Black Music Walk Of Fame

    • Life
    • Art & Culture
    • LIFE & CULTURE
  • Education
    TETFund approves N6.5b for tertiary institutions in 2026

    Nigeria: TETFund unveils 13 projects to strengthen medical education, research, health care delivery at FUHS

    Nigeria: Senate confirms three nominees as non-career ambassadors, two commissioners of NERC

    Nigeria: Senate amends Federal Polytechnic Act for Polytechnics to award degrees

    Nigeria: FG cancels mother tongue policy, declares English sole medium of instruction in schools

    Nigeria: FG seeks seeks overhaul of fragmented academic calendar

    Nigeria: Senate confirms three nominees as non-career ambassadors, two commissioners of NERC

    Nigeria: Senate passes two bills for establishment of federal teaching hospitals in Kaduna, Benue

    Nigeria: FG cancels mother tongue policy, declares English sole medium of instruction in schools

    Nigeria: FG commits to implementation of agreements with academic, non-academic unions on CATA, CONTTA

    Zenith Bank launches maiden Girl-Child Empowerment Programme, reaches 300 schoolgirls 

    Zenith Bank launches maiden Girl-Child Empowerment Programme, reaches 300 schoolgirls 

    Nigeria: UBEC, SUBEB chairmen in two-day high-level meeting to assess readiness of $552m HOPE-EDU programme

    NNPC, Eni award 30 post graduate scholarships to Nigerian graduates

    International Day of the Girl Child: UBEC boss leads national drive to keep girls in school, lauds First Lady, Ministers

  • Health

    Nigeria: FG revitalises 4,434 PHCs as patient visits rise to 45m quarterly

    NAFDAC to enforce alcohol sachet ban by 2026

    Nigeria: NAFDAC bursts fake beverage syndicate, seizes packaging materials worth ₦200m in Aba

    Neimeth, shareholders get March 31 date by court to meet on new share scheme

    Neimeth sets Oct 27 for Q3 2026 board meeting as closed period takes effect

    Fidson Healthcare board to meet on October 22 to consider Q3 2026 results – investors eye earnings update

    Fidson Healthcare board to meet on October 22 to consider Q3 2026 results – investors eye earnings update

    Nigeria’s economy risks millions in losses as $2.45b  eye care return remains untapped

    Nigeria’s economy risks millions in losses as $2.45b  eye care return remains untapped

    Neimeth, shareholders get March 31 date by court to meet on new share scheme

    Clinoscope Services offloads 5.7m shares in Neimeth Pharmaceuticals

    Neimeth, shareholders get March 31 date by court to meet on new share scheme

    Neimeth International Pharmaceuticals’ Non-Executive Director, Eric Okoruwa acquires 714,285 shares

    Juli Plc announces AGM date and corporate actions schedule for September 2026

    Juli Plc approves 2025 financials, reconstitutes board at AGM

    2026 World No Tobacco Day: Cancer Society seeks strict implementation of Tobacco Control Act

    Nigeria Tobacco Control Alliance urges rejection of tobacco industry-linked dev’t initiatives

    • Health and Fitness
  • Media
    GOCOP condoles with NextEdition Publisher, Victoria Ibanga, on husband’s death

    Communique issued at the end of the 10th Annual Conference of GOCOP

    GOCOP condoles with NextEdition Publisher, Victoria Ibanga, on husband’s death

    Lagos, Delta, Imo, Ekiti, Shell, Access Bank, NASENI join GOCOP conference partners

    DAAR Communications announces closed period ahead of Q3 2026 financial results

    DAAR Communications announces closed period ahead of Q3 2026 financial results

    GOCOP condoles with NextEdition Publisher, Victoria Ibanga, on husband’s death

    NNPCL, NLNG, Customs, Dangote, others partner with GOCOP for 2026 conference

    Nigeria: FG empowers 70 digital media managers for grassroots outreach

    GOCOP mourns former President Dotun Oladipo

    The Eagle Online will continue to fly, Dotun Oladipo family assures

    CP Abayomi Shogunle, Prof Tayo Popoola, Adaora Onyechere Sydney-Jack, Lanre Arogundade to speak at GOCOP 2026 conference

    CP Abayomi Shogunle, Prof Tayo Popoola, Adaora Onyechere Sydney-Jack, Lanre Arogundade to speak at GOCOP 2026 conference

    INEC woos CSOs to support in urging National Assembly to conclude Electoral Act amendment

    INEC chairman Prof Joash Amupitan to keynote GOCOP 2026 conference

    GOCOP mourns former President Dotun Oladipo

    GOCOP to institute Dotun Oladipo Prize for Online Journalism

    • CSR
    • Jobs
    • Labour
    • Law
  • News

    Sahara champions global shipping collaboration for $20m Mercy Ships Healthcare Impact

    NNPC, Eni award 30 post graduate scholarships to Nigerian graduates

    EFCC arraigns Nigerian-American over alleged $320,000 vehicle import fraud

    Fidelity Bank grows gross earnings by 46% to N749b in H1 2025

    Fidelity Bank holds 38th AGM: Shareholders greenlight 2025 financials and board changes

    Abiodun’s Education Support Programme expands to 1,277 beneficiaries, introduces entrepreneurship, digital skills training

    Abiodun’s Education Support Programme expands to 1,277 beneficiaries, introduces entrepreneurship, digital skills training

    Abiodun family awards over ₦100m scholarships to 831 indigent students

    Abiodun family awards over ₦100m scholarships to 831 indigent students

    • Politics
    • Opinion
  • World
    IMF boss says AI has potential to boost global growth  

    IMF urges fiscal discipline, trade cooperation amid global uncertainty

    Nigeria: FG moves to establish Armed Forces Medical College

    MultiplyPossibility: Global leaders commit to $3.5b support for education

    Sahara advocates sustainable investment and climate finance for Africa at UNGA

    Sahara advocates sustainable investment and climate finance for Africa at UNGA

    Sokoto–Badagry Highway: 18km of earthworks, 47km of site clearance achieved in 2 months- Contractor

    Twenty years of progress on gender parity now fragile  – WEF Report

    Nigeria: UN calls for protection of civilians, schools following a spate of attacks in Niger State

    World Humanitarian Day: UN calls for scaled-up support to millions of Nigerians in need and safety for the aid workers helping them

    WTO retains 72% of world trade despite uncertainties – Okonjo-Iweala

    WTO retains 72% of world trade despite uncertainties – Okonjo-Iweala

    U.S. border control wants 5-year check on tourists’ social media

    U.S. hits Nigeria, 80 other countries with new tariffs citing ‘forced labour’

    Trump accuses Nigeria of allowing Boko Haram, Islamic State terrorists operate freely

    Trump approves 30-year nuclear pact with Saudi Arabia

    Trump accuses Nigeria of allowing Boko Haram, Islamic State terrorists operate freely

    Trump threatens strikes on Iran’s power plants, next week without deal

    • Africa
    • America
    • Asia
    • Europe
  • Sports
    Zenith Bank’s gross earnings jumps by 16% to N3.4trn in Q3 2025

    Road To The Crown: Zenith Bank/NBBF Women’s Basketball League final 8 set for Lagos

    Sanwo-Olu aide flags off 5th Cycling Lagos as Agbo clinches second consecutive title

    Sanwo-Olu aide flags off 5th Cycling Lagos as Agbo clinches second consecutive title

    Aquafina moves to refresh 5th Cycling Lagos as Golden Penny Foods, Adron Homes, others announce support

    5th Cycling Lagos Webinar: Experts call for investment, policy enforcement to unlock Nigeria’s recycling potential

    5th Cycling Lagos Webinar: Experts call for investment, policy enforcement to unlock Nigeria’s recycling potential

    5th Cycling Lagos: Organizers open online registration portal ahead of September 12 Grand Finale

    Union Bank, AIICO Multishield, Checkers  Custard, Others Back 5th Cycling Lagos

    EFCC, ICPC in joint investigation of NFF over alleged misuse of N12b

    NSC replaces Sanusi with Ikpeme as NFF General Secretary

    EFCC, ICPC in joint investigation of NFF over alleged misuse of N12b

    NFF secures $8.5m annual kit sponsorship with Adidas

    Taxing, Borrowing the Future Without Building: What has Nigeria’s fiscal authority done for the real sector?

    Tinubu directs comprehensive football reform

    Nigeria: EFCC FC Kano wins Inter-Service Unity Cup

  • Business
    Lagos unveils comprehensive cybersecurity guidelines to strengthen digital safety

    Lagos, AfDB launch AFAWA Project to empower 610 women-led businesses

    Nigeria: CBN gov says FG’s economic reforms crucial to sustainable repositioning of national economy

    AFC appoints CBN governor Cardoso  board chairman

    Lagos records N13.24b in fire losses through Q3 2026: Economic impact, insurance risks, and real estate implications

    Lagos records N13.24b in fire losses through Q3 2026: Economic impact, insurance risks, and real estate implications

    Transcorp Hotels schedules board meeting for Q3 2026 financials, declares closed period

    Transcorp Hotels schedules board meeting for Q3 2026 financials, declares closed period

    Eunisell hits by severe illiquidity as price stagnates at ₦189

    Eunisell Interlinked reports 31% profit growth in FY 2026 financial results

    Transcorp Plc schedules board meeting for Q3 2026 financials, declares closed period

    Transcorp Plc schedules board meeting for Q3 2026 financials, declares closed period

    C.H.I Limited drives UAC’s half-year revenue to N365b

    UAC of Nigeria to divest 73.29% controlling stake in Livestock Feeds to Sunbeth

    VFD Group Plc profit doubles to ₦10.06b in H1 2026

    VFD Group announces closed period ahead of Q3 2026 financial results

    Haldane McCall schedules Q3 2026 board meeting, imposes closed period

    Haldane McCall schedules Q3 2026 board meeting, imposes closed period

    • Agriculture
    • Brands and Marketing
    • Aviation
    • Capital Market
    • Economy
    • Maritime
    • Finance
    • Energy
    • Insurance
    • Industry
    • Startups
    • Money Market
    • Small Business
    • Real Estate
    • InfoTech
    • Transportation
    • Technology
  • About Us
  • Home
  • NIGERIA
    Nigeria: FEC approves major upgrades for Airports’ navigation systems

    Keyamo, Fani-kayode clash over claim of collapse of Nigeria Airways under Obasanjo administration

    SERAP urges INEC to account for alleged missing N55.9b meant to buy smart card readers, ballot papers, others

    Tinubu picks new National, Resident Electoral Commissioners for Senate scrutiny

    Sanwo-Olu calls for collective commitment to food security in Lagos

    Sanwo-Olu calls for collective commitment to food security in Lagos

    Nigeria’s headline inflation eases by 160bps to 14.45%

    Nigeria’s inflation drops to 14.63% in September as food remains biggest driver

    Nigeria: FG, States, LGs share N2.094trn revenue for October 2025

    FG, States, LGs share N2.428trn September revenue

    Nigeria: CIPDM inducts EFCC spokesperson, Dele Oyewale as Fellow

    NDLEA confirms recovery of tons of illicit drugs in flight boarding cards, others

    Nigeria: Reps passes bill to empower NDLEA establish nationwide rehabilitation centres

    Young Nigerians should drive positive change, not internet fraud – Olukoyede

    Tinubu congratulates EFCC chairman, Olanipekun Olukoyede, on his birthday

    Nigeria: Tinubu accepts APC presidential ticket, vows to consolidate reforms

    Nigeria: Opposition parties regroup against Tinubu ahead of 2027 general elections

  • Entertainment
    NFC congratulates Funke Akindele as film ‘Behind The Scenes’ grosses over N2b at the box office

    Funke Akindele set to release latest film ‘Where Is Mr. Right?’ Aug. 15

    British singer Luca Zuccotti visits Afrika Shrine, celebrates Fela’s Afrobeats legacy

    British singer Luca Zuccotti visits Afrika Shrine, celebrates Fela’s Afrobeats legacy

    Deejays disown report of Burna Boy’s music ban

    Burna Boy is Africa’s best-selling artiste with 14.46m equivalent album units

    Tems makes history as first African female artiste to clinch Diamond single in U.S.

    MTN gives 20 startups N5m each in Cloud Accelerators programme

    MTN, Ultima offer N225m recording deal, others to Next Afrobeat Star 2.0 winner

    NFC congratulates Funke Akindele as film ‘Behind The Scenes’ grosses over N2b at the box office

    Funke Akindele confirms inspiration by American filmmaker Tyler Perry

    Deejays disown report of Burna Boy’s music ban

    Burna Boy edges Tems as African artiste on billboard Hot 100 entries

    Nigeria–Congo World Cup dispute: Fresh speculation as DR Congo omits two controversial players

    Burna Boy, Shakira set to release FIFA World Cup song “Dai Dai”

    Mixed reactions trail Davido’s appointment as youth mobiliser for Adeleke’s re-election campaign

    Davido set for induction into Black Music Walk Of Fame

    • Life
    • Art & Culture
    • LIFE & CULTURE
  • Education
    TETFund approves N6.5b for tertiary institutions in 2026

    Nigeria: TETFund unveils 13 projects to strengthen medical education, research, health care delivery at FUHS

    Nigeria: Senate confirms three nominees as non-career ambassadors, two commissioners of NERC

    Nigeria: Senate amends Federal Polytechnic Act for Polytechnics to award degrees

    Nigeria: FG cancels mother tongue policy, declares English sole medium of instruction in schools

    Nigeria: FG seeks seeks overhaul of fragmented academic calendar

    Nigeria: Senate confirms three nominees as non-career ambassadors, two commissioners of NERC

    Nigeria: Senate passes two bills for establishment of federal teaching hospitals in Kaduna, Benue

    Nigeria: FG cancels mother tongue policy, declares English sole medium of instruction in schools

    Nigeria: FG commits to implementation of agreements with academic, non-academic unions on CATA, CONTTA

    Zenith Bank launches maiden Girl-Child Empowerment Programme, reaches 300 schoolgirls 

    Zenith Bank launches maiden Girl-Child Empowerment Programme, reaches 300 schoolgirls 

    Nigeria: UBEC, SUBEB chairmen in two-day high-level meeting to assess readiness of $552m HOPE-EDU programme

    NNPC, Eni award 30 post graduate scholarships to Nigerian graduates

    International Day of the Girl Child: UBEC boss leads national drive to keep girls in school, lauds First Lady, Ministers

  • Health

    Nigeria: FG revitalises 4,434 PHCs as patient visits rise to 45m quarterly

    NAFDAC to enforce alcohol sachet ban by 2026

    Nigeria: NAFDAC bursts fake beverage syndicate, seizes packaging materials worth ₦200m in Aba

    Neimeth, shareholders get March 31 date by court to meet on new share scheme

    Neimeth sets Oct 27 for Q3 2026 board meeting as closed period takes effect

    Fidson Healthcare board to meet on October 22 to consider Q3 2026 results – investors eye earnings update

    Fidson Healthcare board to meet on October 22 to consider Q3 2026 results – investors eye earnings update

    Nigeria’s economy risks millions in losses as $2.45b  eye care return remains untapped

    Nigeria’s economy risks millions in losses as $2.45b  eye care return remains untapped

    Neimeth, shareholders get March 31 date by court to meet on new share scheme

    Clinoscope Services offloads 5.7m shares in Neimeth Pharmaceuticals

    Neimeth, shareholders get March 31 date by court to meet on new share scheme

    Neimeth International Pharmaceuticals’ Non-Executive Director, Eric Okoruwa acquires 714,285 shares

    Juli Plc announces AGM date and corporate actions schedule for September 2026

    Juli Plc approves 2025 financials, reconstitutes board at AGM

    2026 World No Tobacco Day: Cancer Society seeks strict implementation of Tobacco Control Act

    Nigeria Tobacco Control Alliance urges rejection of tobacco industry-linked dev’t initiatives

    • Health and Fitness
  • Media
    GOCOP condoles with NextEdition Publisher, Victoria Ibanga, on husband’s death

    Communique issued at the end of the 10th Annual Conference of GOCOP

    GOCOP condoles with NextEdition Publisher, Victoria Ibanga, on husband’s death

    Lagos, Delta, Imo, Ekiti, Shell, Access Bank, NASENI join GOCOP conference partners

    DAAR Communications announces closed period ahead of Q3 2026 financial results

    DAAR Communications announces closed period ahead of Q3 2026 financial results

    GOCOP condoles with NextEdition Publisher, Victoria Ibanga, on husband’s death

    NNPCL, NLNG, Customs, Dangote, others partner with GOCOP for 2026 conference

    Nigeria: FG empowers 70 digital media managers for grassroots outreach

    GOCOP mourns former President Dotun Oladipo

    The Eagle Online will continue to fly, Dotun Oladipo family assures

    CP Abayomi Shogunle, Prof Tayo Popoola, Adaora Onyechere Sydney-Jack, Lanre Arogundade to speak at GOCOP 2026 conference

    CP Abayomi Shogunle, Prof Tayo Popoola, Adaora Onyechere Sydney-Jack, Lanre Arogundade to speak at GOCOP 2026 conference

    INEC woos CSOs to support in urging National Assembly to conclude Electoral Act amendment

    INEC chairman Prof Joash Amupitan to keynote GOCOP 2026 conference

    GOCOP mourns former President Dotun Oladipo

    GOCOP to institute Dotun Oladipo Prize for Online Journalism

    • CSR
    • Jobs
    • Labour
    • Law
  • News

    Sahara champions global shipping collaboration for $20m Mercy Ships Healthcare Impact

    NNPC, Eni award 30 post graduate scholarships to Nigerian graduates

    EFCC arraigns Nigerian-American over alleged $320,000 vehicle import fraud

    Fidelity Bank grows gross earnings by 46% to N749b in H1 2025

    Fidelity Bank holds 38th AGM: Shareholders greenlight 2025 financials and board changes

    Abiodun’s Education Support Programme expands to 1,277 beneficiaries, introduces entrepreneurship, digital skills training

    Abiodun’s Education Support Programme expands to 1,277 beneficiaries, introduces entrepreneurship, digital skills training

    Abiodun family awards over ₦100m scholarships to 831 indigent students

    Abiodun family awards over ₦100m scholarships to 831 indigent students

    • Politics
    • Opinion
  • World
    IMF boss says AI has potential to boost global growth  

    IMF urges fiscal discipline, trade cooperation amid global uncertainty

    Nigeria: FG moves to establish Armed Forces Medical College

    MultiplyPossibility: Global leaders commit to $3.5b support for education

    Sahara advocates sustainable investment and climate finance for Africa at UNGA

    Sahara advocates sustainable investment and climate finance for Africa at UNGA

    Sokoto–Badagry Highway: 18km of earthworks, 47km of site clearance achieved in 2 months- Contractor

    Twenty years of progress on gender parity now fragile  – WEF Report

    Nigeria: UN calls for protection of civilians, schools following a spate of attacks in Niger State

    World Humanitarian Day: UN calls for scaled-up support to millions of Nigerians in need and safety for the aid workers helping them

    WTO retains 72% of world trade despite uncertainties – Okonjo-Iweala

    WTO retains 72% of world trade despite uncertainties – Okonjo-Iweala

    U.S. border control wants 5-year check on tourists’ social media

    U.S. hits Nigeria, 80 other countries with new tariffs citing ‘forced labour’

    Trump accuses Nigeria of allowing Boko Haram, Islamic State terrorists operate freely

    Trump approves 30-year nuclear pact with Saudi Arabia

    Trump accuses Nigeria of allowing Boko Haram, Islamic State terrorists operate freely

    Trump threatens strikes on Iran’s power plants, next week without deal

    • Africa
    • America
    • Asia
    • Europe
  • Sports
    Zenith Bank’s gross earnings jumps by 16% to N3.4trn in Q3 2025

    Road To The Crown: Zenith Bank/NBBF Women’s Basketball League final 8 set for Lagos

    Sanwo-Olu aide flags off 5th Cycling Lagos as Agbo clinches second consecutive title

    Sanwo-Olu aide flags off 5th Cycling Lagos as Agbo clinches second consecutive title

    Aquafina moves to refresh 5th Cycling Lagos as Golden Penny Foods, Adron Homes, others announce support

    5th Cycling Lagos Webinar: Experts call for investment, policy enforcement to unlock Nigeria’s recycling potential

    5th Cycling Lagos Webinar: Experts call for investment, policy enforcement to unlock Nigeria’s recycling potential

    5th Cycling Lagos: Organizers open online registration portal ahead of September 12 Grand Finale

    Union Bank, AIICO Multishield, Checkers  Custard, Others Back 5th Cycling Lagos

    EFCC, ICPC in joint investigation of NFF over alleged misuse of N12b

    NSC replaces Sanusi with Ikpeme as NFF General Secretary

    EFCC, ICPC in joint investigation of NFF over alleged misuse of N12b

    NFF secures $8.5m annual kit sponsorship with Adidas

    Taxing, Borrowing the Future Without Building: What has Nigeria’s fiscal authority done for the real sector?

    Tinubu directs comprehensive football reform

    Nigeria: EFCC FC Kano wins Inter-Service Unity Cup

  • Business
    Lagos unveils comprehensive cybersecurity guidelines to strengthen digital safety

    Lagos, AfDB launch AFAWA Project to empower 610 women-led businesses

    Nigeria: CBN gov says FG’s economic reforms crucial to sustainable repositioning of national economy

    AFC appoints CBN governor Cardoso  board chairman

    Lagos records N13.24b in fire losses through Q3 2026: Economic impact, insurance risks, and real estate implications

    Lagos records N13.24b in fire losses through Q3 2026: Economic impact, insurance risks, and real estate implications

    Transcorp Hotels schedules board meeting for Q3 2026 financials, declares closed period

    Transcorp Hotels schedules board meeting for Q3 2026 financials, declares closed period

    Eunisell hits by severe illiquidity as price stagnates at ₦189

    Eunisell Interlinked reports 31% profit growth in FY 2026 financial results

    Transcorp Plc schedules board meeting for Q3 2026 financials, declares closed period

    Transcorp Plc schedules board meeting for Q3 2026 financials, declares closed period

    C.H.I Limited drives UAC’s half-year revenue to N365b

    UAC of Nigeria to divest 73.29% controlling stake in Livestock Feeds to Sunbeth

    VFD Group Plc profit doubles to ₦10.06b in H1 2026

    VFD Group announces closed period ahead of Q3 2026 financial results

    Haldane McCall schedules Q3 2026 board meeting, imposes closed period

    Haldane McCall schedules Q3 2026 board meeting, imposes closed period

    • Agriculture
    • Brands and Marketing
    • Aviation
    • Capital Market
    • Economy
    • Maritime
    • Finance
    • Energy
    • Insurance
    • Industry
    • Startups
    • Money Market
    • Small Business
    • Real Estate
    • InfoTech
    • Transportation
    • Technology
  • About Us
No Result
View All Result
Worldstage News
No Result
View All Result
Home Energy

Nigeria: Presidential CNG set for May roll-out as private sector injects over $50m

by Worldstage News
April 21, 2024
in Energy, Transportation
0
0
SHARES
15
VIEWS
Share on FacebookShare on Twitter

WorldStage Newsonline– The Presidential Compressed Natural Gas Initiative (PCNGI) is set for initial rollout to the public by the end of May, a presidential aide has revealed.

This is coming as the private sector has responded with more than $50 million in actual investments in refuelling stations, conversion centres, and mother stations.

Mr Bayo Onanuga, Special Adviser to the President on Information and Strategy, announced this in a statement on Sunday in Abuja.

The initiative is part of the palliatives put in place by President Bola Tinubu on May 29, 2023 when the fuel subsidy was removed.

To actualise the programme, the President launched the Presidential CNG Initiative in October 2023 to deliver cheaper, safer and more climate friendly energy.

The CNG Initiative is designed to deliver compressed natural gas, especially for mass transit.

Onanuga said it was part of the many intervention programmes to reduce the burden of increase in pump price on the masses.

He added that government had provided N100 billion (part of the N500 billion palliative budget) to purchase 5,500 CNG vehicles, 100 electric buses and more than 20,000 CNG conversion kits, alongside spurring the development of CNG refilling stations and electric charging stations.

“With necessary tax and duty waivers approved by President Tinubu in December 2023, the PCNGI committee is partnering with the private sector to deliver the promise on the initiative.

“Also, a safety policy document on 80 standards and regulations that must be strictly adhered to by operators has been developed and approved to ensure CNG conversions are done safely and reliably,” he said.

Onanuga said that the deployment of CNG buses and tricycles and the vision to get at least one million natural gas propelled vehicles on the roads by 2027 would mark a major energy transition in the country’s transportation industry.

He said that the use of more expensive diesel and petrol would gradually be phased out, when many vehicles, including trucks, run on natural gas, adding that 30 of the 36 states had the gas in abundance.

“Remarkably, the Tinubu administration, in driving the nation to the desired destination, has flagged open a new industry, along with thousands of new jobs.

“Four plants owned by JET, Mikano, Mojo, and Brilliant EV located in various parts of the country are involved in the assembly of the Semi Knocked Down (SKD) components of the CNG buses.

“JET, which has received the SKD parts, is coupling the buses in Lagos and is working towards delivering 200 units before the first anniversary of the Tinubu administration.”

Onanuga said that Brilliant EV would assemble electric vehicles meant for Kano and Borno, which would not have access to CNG for now as well as in key Nigerian cities and university campuses.

“In all, over 600 buses are targeted for production in the first phase that will be accomplished this year.

“A new plant on the Lagos-Ibadan Expressway will assemble thousands of tricycles.

“The SKD parts, manufactured by the Chinese company LUOJIA in partnership with its local partner to support the consortium of local suppliers of CNG tricycles, are set for shipment to Nigeria and expected to arrive early in May.

“About 2,500 of the tricycles will be ready before May 29, 2024.”

He said that thousands of conversion kits for petrol powered buses and taxis that want to migrate to CNG are also ready with CNG cylinders.

The Presidential aide added that the Federal Government intended to provide them at subsidised rates, especially to commercial vehicle drivers, to bring down the cost of public transportation.

Onanuga said that the PCNGI was working with 22 other agencies, including the Standards Organisation of Nigeria and Nigeria Automotive Design and Development Council, to deliver 80 Natural Gas Vehicle Conversion and Associated Appliances Standards for the country.

He added that an app MYCNG.NG to embed the Nigeria Gas Vehicle Monitoring Systems would show CNG conversion and refuelling sites in the country.

“The Tinubu administration is an enabler of the evolving CNG industry.

“In collaboration with the private sector, the PCNGI is set to deliver 100 conversion workshops and 60 refuelling sites spread across 18 states before the end of this year.

“The vision of Mr. President to deliver one million gas vehicles cannot be possible without the private sector, including the RTEAN, NARTO, NURTW, and players in the downstream sector of the transportation chain and financiers.”

Tags: CNGPresidential Compressed Natural Gas Initiative
Worldstage News

Worldstage News

Next Post

NAMA explains why some airlines are avoiding Nigeria’s airspace

Buy Our Research Book

About Us

Worldstage News logo

World Stage Limited is a research and technology driven Africa focused firm with expertise in multi-faceted business communication services.

  • About
  • Contact
  • Advertise

© 2025 All Right Reserved. World Stage News - Designed By DeedsTech.

No Result
View All Result
  • Home
  • NIGERIA
  • Entertainment
    • Life
    • Art & Culture
    • LIFE & CULTURE
  • Education
  • Health
    • Health and Fitness
  • Media
    • CSR
    • Jobs
    • Labour
    • Law
  • News
    • Politics
    • Opinion
  • World
    • Africa
    • America
    • Asia
    • Europe
  • Sports
  • Business
    • Agriculture
    • Brands and Marketing
    • Aviation
    • Capital Market
    • Economy
    • Maritime
    • Finance
    • Energy
    • Insurance
    • Industry
    • Startups
    • Money Market
    • Small Business
    • Real Estate
    • InfoTech
    • Transportation
    • Technology
  • About Us

© 2025 All Right Reserved. World Stage News - Designed By DeedsTech.