News
Nigeria Splurges $2.25bn On Fuel Imports From Malta — Report
Nigeria spent a staggering $2.25 billion on fuel imports from Malta in a recent transaction, a new report has revealed.
The report, which details the country’s fuel importation activities, shows that the massive sum was spent on petroleum products despite Nigeria’s status as a major oil-producing nation.
The development has raised eyebrows, with experts questioning the country’s continued reliance on fuel imports despite its vast oil reserves.
The report’s findings have sparked concerns about the nation’s energy policy and the management of its oil resources.
Nigeria’s fuel importation woes have been a longstanding issue, with the country’s refineries struggling to meet domestic demand, forcing the government to rely on costly imports.
The $2.25 billion spent on fuel imports from Malta could have been invested in revamping the country’s refineries or developing its renewable energy sector, critics argue.
The report’s revelations are set to fuel further debate about Nigeria’s energy policy and its ability to achieve self-sufficiency in fuel production.
Kimma Wreh (CIO, Excel Global Media Group Inc) provided keynote address on Cybersecurity and Data Protection in Africa at the Innovate Africa Conference 2024. The conference was held at George Washington University in Washington DC in September 2024.
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The Olojo Festival, an ancient and vibrant Yoruba festival, is a grand celebration held annually in Ile-Ife, Nigeria, to honor Ogun, the god of iron and war, and the rich heritage of the Yoruba people. This deeply spiritual festival brings thousands of people together, showcasing traditional customs, colorful attire, music, and rituals that highlight Yoruba history and mythology.
The highlight of the event is the appearance of the Ooni of Ife, who dons the sacred Are Crown, believed to hold immense spiritual power. Through processions, sacrifices, and community gatherings, the Olojo Festival strengthens cultural identity, unites people, and pays homage to the gods. As an enduring celebration of Yoruba pride, it captivates locals and visitors alike, reminding all of the deep cultural legacy of Ile-Ife.
Welcome to the highly anticipated 23rd volume of Diaspora Watch, your indispensable source connecting the vibrant African diaspora around the world! This edition is packed with captivating stories and in-depth analysis.
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Ademola Lookman, the Nigerian forward making waves across African and European football, has emerged as a leading contender for the prestigious 2024 CAF Player of the Year Award. Known for his agility, sharp finishing, and impactful performances, Lookman has consistently delivered for both club and country, contributing crucial goals and assists throughout the season.
His influence on the pitch and commitment to excellence have caught the eye of football analysts, who see him as a potential winner. If crowned, Lookman would join the ranks of African football legends who have claimed this title, cementing his status among the continent’s elite players. Fans are eagerly awaiting the CAF Awards ceremony to see if Lookman’s stellar season will be rewarded.
Welcome to the highly anticipated 23rd volume of Diaspora Watch, your indispensable source connecting the vibrant African diaspora around the world! This edition is packed with captivating stories and in-depth analysis.
FREE Digital View: https://www.flipsnack.com/excelglobalmedia/diaspora-watch-vol-23-nov-4-10-2024/full-view.html
Print on Demand: https://www.magcloud.com/browse/issue/2935447?__r=1069759
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Hurray! It’s the 25th Edition of Diaspora Watch!
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