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    Kapital FM 92.9 The Station that Rocks!

Energy

45 Results / Page 5 of 5
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Business

House Investigates Alledged Use Of Chemicals For Food Preservation

House of Representatives has ordered an investigation into the alleged use of toxic chemicals to preserve frozen foods and other consumables across the country. The resolution followed a motion of urgent public importance moved by a member from Imo State, Mr Chike Okafor during plenary in Abuja. In his lead debate, the lawmaker said reports from regulatory agencies, health experts, and media investigations indicate that harmful substances such as formalin, […]

todayOctober 23, 2025

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Business

Reps Probe $850b Missing Crude, Non-Oil Export Proceeds

The House of Representatives has launched a probe into the alleged non-repatriation of Nigeria’s crude oil and non-oil export proceeds, estimated at more than $850 billion between 1996 and 2014. Chairman of the House Ad Hoc Committee on Pre-Shipment Inspection of Exports and Non-Repatriation of Crude Oil Proceeds, Mr Seyi Sowunmi, disclosed this during the committee’s inaugural press briefing in Abuja. Mr Sowunmi said recent findings suggest that about 40 […]

todayOctober 23, 2025

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Business

Wike Inaugurates Wuye Engineering Infrastructure, Says Development Under Tinubu Unbeatable

The Minister of the Federal Capital Territory (FCT), Dr. Nyesom Wike, has declared that the ongoing wave of infrastructure flag-offs and commissioning across the territory represents an unprecedented record in the history of the FCT. He credited President Bola Ahmed Tinubu’s Renewed Hope Agenda for reviving long-abandoned projects and restoring public confidence in governance. Speaking during the inauguration of the Wuye Engineering Infrastructure Project marking the 20th day of continuous […]

todayOctober 21, 2025

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Business

PBAT Unveils N1tr Investment In Solid Minerals Sector

In a bold move to recalibrate Nigeria’s economic foundation, President Bola Ahmed Tinubu has unveiled a ₦1 trillion investment in the solid minerals sector, the most ambitious government-led mining initiative in the nation’s history. President Tinubu stated this during the 10th edition of the Nigeria Mining Week 2025 in Abuja. The President, represented by the Secretary to the Government of the Federation (SGF), Senator George Akume, described the mining sector […]

todayOctober 14, 2025

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Business

FG Commits To Reforms In Mining Sector

The Minister of Solid Minerals Development, Dr. Dele Alake, says no amount of blackmail, threats, or intimidation will stop the Federal Government’s sweeping reforms in the mining sector. Dr. Alake who stated this at a news briefing to commence this year's Nigeria Mining Week starting tomorrow in Abuja reaffirmed the government’s commitment to sanitizing the industry and attracting serious investors. The minister highlighted that these reforms are not without resistance […]

todayOctober 12, 2025

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Africa

FG Commits To Africa Water Vision 2063

Minister of Water Resources and Sanitation, Prof. Joseph Terlumun Utsev, has reaffirmed the country’s strong commitment to the Africa Water Vision 2063. Prof Utsev made this known at the 14th Ordinary Session of the African Ministers’ Council on Water, AMCOW, in Dakar. This is contained in a statement signed by the Director information and Public Relations in the Ministry in Abuja . According to the statement, the Minister praises AMCOW’s […]

todaySeptember 30, 2025

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Energy

Australia Set To Cut It’s Carbon Emissions

Australia, one of the world's biggest polluters per capital, will aim to cut its carbon emissions by at least 62% compared to 2005 levels over the next decade.   The nation - which has faced global criticism for its continued reliance on fossil fuels - had previously pledged to reduce greenhouse gases by 43% by 2030.   "This is a responsible target supported by science and a practical plan to […]

todaySeptember 18, 2025

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Energy

Oil & Gas : Lack Of Transparency Hampering Nat’l Devt- Olukoyede

The Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Ola Olukoyede has warned that lack of transparency, particularly in the country’s oil and gas sector, is harmpering national development and eroding public confidence. Ola Olukoyede described the financial reporting system as “deeply opaque,” with speculative earnings and poor oversight fostering inefficiency and corruption. Speaking at a National Conference on Public Accounts and Fiscal Governance in Abuja, Mr Olukoyede […]

todayJuly 9, 2025

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Energy

REA Launches Photobook To Showcase Impact Of Nig Electrification Prog

To further promote people-centred development, the Rural Electrification Agency, REA, has launched the Nigeria Electrification Programme, NEP legacy Photobook, a compelling visual documentation of achievements and the impact of the NEP. The launch underscores the federal government's commitment to inclusive national development through sustainable energy access. According to the Managing Director of REA, Abba Aliyu, the NEP implemented by the REA with support from the World Bank has delivered life […]

todayMay 30, 2025