In the midst of Nigeria’s $1.21 billion foreign borrowing to bolster capital importation in the first half of 2023, the nation witnessed a stark divide, with 28 states failing to attract foreign investments, as revealed in a report by the National Bureau of Statistics on Nigeria’s Capital Importation. During this period, Nigeria experienced a notable 30.42% year-on-year decline in total capital importation, dropping from $3.11 billion in the first half of 2022 to $2.16 billion in 2023. Factors like insecurity and a challenging business environment have continued to hamper foreign direct investments into Nigeria, leading the nation to increasingly rely…
Author: Platform Times Newspaper
In its latest weather forecast, the Nigerian Meteorological Agency has raised concerns about the possibility of dust haze and thunderstorms sweeping across the nation from Monday to Wednesday. The agency’s Weather Outlook report, released on Monday, reveals a detailed overview of the weather conditions expected in various regions. The Northern region is expected to experience dust haze with visibility ranging from 1km to 3km, along with localized visibility of 1,000m or less on Monday. Thunderstorms are also anticipated, particularly in parts of Taraba state. For the North Central states, suspended dust is likely to reduce visibility to 2km to 5km,…
Aminat Gusanu In a significant development, the Adamawa State Police Command has taken swift action by apprehending two young men involved in the theft of armored cables within the capital city of Yola. PLATFORM TIMES gathered that the suspects were nabbed for allegedly vandalizing a power line and stealing armored cables supplying electricity to a water treatment plant in Boronji, a residential community near the Government House, Yola. A statement from the state Police Public Relations Officer, SP Suleiman Nguroje, named the suspects as Yohanna Suleiman, 25, and Emmanuel Joseph, 17. The statement said the two were arrested by police…
Fawaz Adebisi Senator Solomon Adeola Olamilekan, representing Ogun West Senatorial Constituency, has garnered widespread acclaim and commendation for his unwavering commitment to advancing education and industrialization. The senator’s sponsorship of the Bill for the establishment of the Federal College of Geological and Cement Studies in Iselu-Ketu, Yewa North, Ogun State, has received high praise from various quarters. In a letter of appreciation penned by the Ketu Advancement Forum (KAF), acting on behalf of HRM Oba Akintude Akinyemi, the Eselu of Iselu Kingdom, and the entire Ketu community, Senator Adeola’s visionary leadership is acknowledged with profound gratitude. The bill recently passed…
In a significant development for education in Nigeria, the Federal Government, through the Universal Basic Education Commission (UBEC), has successfully secured a generous grant of $98 million from the Islamic Development Bank. This funding is earmarked for the ambitious “Bilingual Education Project” and will be implemented in nine states across the country. The states that will benefit from this educational windfall are Adamawa, Borno, Gombe, Kaduna, Kano, Kwara, Nasarawa, Niger, and Osun. This initiative aims to promote bilingual education in these regions and enhance the overall quality of education for the youth. A recent notice of procurement issued by UBEC…
…Residents Rain Curses On LG Chairman As Sick, Pregnant Victims Suffer … Desperation on Display: Unions Leaders Turn Tragedy Into Profit Amid Road Chaos .. Like Soyoye, Like Many Others: Ogun State Residents Endure Unbearable Road Conditions Daud Olatunji In a heart-wrenching turn of events, the once-bustling Soyoye-Rounder-Lafenwa road in Ogun State has become a symbol of despair and agony for hundreds of residents who traverse its crumbling surface daily. This road, which connects them to essential services and livelihoods, has been reduced to a perilous journey filled with confusion, frustration, and excruciating pains. The deplorable state of the…
Daud Olatunji The Commandant-General of the Nigeria Security and Civil Defence Corps (NSCDC), Dr. Ahmed Abubakar Audi, has taken swift action in response to a shocking incident involving some of the Corps’ officers. These officers, belonging to the Provost Unit, have been ordered to face arrest and appear before a disciplinary committee for their alleged assault on a middle-aged man. The victim had been accused of stealing the “manhood” of two individuals in the Sauka area of Abuja. The decision to apprehend these officers came after a viral video, shared on LEADERSHIP’s social media platforms, exposed the NSCDC personnel manhandling…
In a significant move to prioritize environmental well-being, the Lagos State Government has taken decisive action by closing down the renowned Silk Club, a popular nightclub situated in the upscale Ikoyi area of the state. This action comes as a response to persistent complaints from residents about noise pollution caused by the nightclub. The Lagos State Commissioner for Environment and Water Resources, Tokunbo Wahab, officially announced the nightclub’s closure in a post on his social media account, formerly known as Twitter, on Saturday night. Wahab revealed that the swift and necessary action was taken in line with the state’s commitment…
Daud Olatunji In a recent operation in Minna, the Standard Organisation of Nigeria (SON) confiscated expired goods estimated at over N5 million. These products, including teas, chocolate drinks, juices, yoghurt, biscuits, coffee, margarine, milk, bath soaps, gels, body and face creams, packaged powdered beans, and maize, among others, had expired seven years ago. Hajiya Hauwa Yusuf, State Coordinator (Niger 1), SON, expressed concern about the high prevalence of expired, uncertified, unregistered, and substandard products in the market. She emphasized that many of the seized products had been expired for as long as seven years and were still being sold to…
Fawaz Adebisi In a compelling keynote address at the 2023 World Culture Festival held by the Art of Living Foundation, former President Chief Olusegun Obasanjo delivered a passionate message on the significance of multiculturalism in our world. Obasanjo, renowned for his insightful perspectives, began by asserting that multiculturalism is not a mere human concept but a divine design. He passionately argued that God, as a God of diversity, created a world that thrives on differences and unique cultures, emphasizing that this diversity should be cherished and preserved. With attendees from an astounding 180 countries, the festival itself served as a…