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Nigeria exports N58.65b electricity in Q1 2024 Electricity to Togo, Niger and Republic of Benin

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By Kayode Sanni-Arewa

In the First Quarter 2024 Q1, Nigeria exported N58.65 billion electrical energy to African countries.

The National Bureau of Statistics (NBS) made this known in its document titled: “Foreign Trade in Goods Statistics (Q1 2024).”

A section of the report on “Analysis of Nigeria’s Trade with African Countries Q1 2024,” said the electrical energy constituted 2.62% of the goods the continent imported from Nigeria.

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The countries which import electricity from Nigeria are Republic of Benin; Niger, and Togo.

NBS said Nigeria’s imports from African countries in the first quarter of 2024 consisted mainly of Kerosine type jet fuel (N31.00 billion (7.72%), petroleum bitumen (N30.45 billion (7.58%), diammonium hydrogen orthophosphate (diammonium phosphate), and (N27.64 billion (6.88%).

The report added that other liquefied petroleum gases and other gaseous hydrocarbons accounted for (N26.61billion (6.62%) and Polypropylene (N18.30 billion (4.55%) of total import from African countries.

The document said in the same vein, the major importing partners are South Africa with goods valued at N97.33billion and Ivory Coast with N51.41 billion other importing countries are Togo with N40.86 billion, Egypt with N40.23 billion and Morocco with N30.07 billion.

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Nigeria, according to NBS, imported goods mainly from Asia, valued at N5,957.99 billion representing 47.12% of total imports.

It added this was followed by imports from Europe with N4,669.86 billion or 36.94%, America with N1,554.69 billion or 12.30%, Africa with N401.83 billion or 3.18% and Oceania with N58.86 billion or 0.47% in the first quarter of 2024.

The report further said imports from ECOWAS countries amounted to N113.04 billion or 0.89% of total imports.

Analysis by trading partners revealed that imports originated mainly from China and were valued at N2,930.10 billion, representing 23.18% of total imports

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Hajara Egbunu Becomes First Female Soldier In Infantry Corps To Attain Warrant Officer

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The Nigerian Army has achieved a significant milestone in gender inclusivity by promoting Hajara Egbunu, a soldier from the elite Infantry Corps and the Nigerian Army Women Command, to the prestigious rank of Warrant Officer.

The promotion ceremony, held on Friday at the Command Conference Room in Abuja, marked a groundbreaking moment as Egbunu became the first female soldier from the Infantry Corps and the Nigerian Army Women Command to attain this rank.

Brigadier General Mathias Amatso, the Commander of the Nigerian Army Women Command, presided over the event and decorated Warrant Officer Egbunu. Speaking at the ceremony, Amatso commended her for an exceptional career defined by professionalism, dedication, and discipline. He emphasized that the promotion was not merely a recognition of her past achievements but also a testament to her unwavering commitment to the values and standards of the Nigerian Army.

According to a statement released by Lieutenant Maureen Ogbuka, Acting Assistant Director of Army Public Relations for the Nigerian Army Women Command, Amatso urged Egbunu to continue leading by example. He remarked, “Her promotion reflects her hard work. I encourage her to maintain discipline and inspire younger soldiers, in alignment with the core values of the Nigerian Army.”

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In her acceptance speech, Army Warrant Officer Egbunu expressed profound gratitude for the support and guidance she received throughout her career. She thanked God for His blessings and acknowledged the instrumental role of the Chief of Army Staff, Lieutenant General Olufemi Oluyede, whose visionary leadership she credited for facilitating her advancement.

Egbunu also extended heartfelt appreciation to Brigadier General Amatso, whose mentorship had been pivotal during her tenure as the Regimental Sergeant Major (RSM) of the Nigerian Army Women Command. Her remarks reflected a deep sense of pride and responsibility as she embraced her new rank.

The promotion ceremony concluded with a group photograph and a reception featuring light refreshments. The event was not just a celebration of Egbunu’s personal achievement but also a significant step toward enhancing gender inclusion and representation within the Nigerian Army.

This milestone highlights the progress being made in recognizing the contributions of women in the military and setting the stage for future advancements. By breaking barriers, Warrant Officer Egbunu serves as an inspiration to female soldiers across the country, encouraging them to strive for excellence and leadership in their respective careers.

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Oyo Guber race: I’m not part of it — FIRS boss’ Zacch Adedeji

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By Kayode Sanni-Arewa

Executive Chairman of the Federal Inland Revenue Service, FIRS, Mr Zacch Adedeji, said that he was not part of those contesting the Oyo state governorship election in 2027.

Adedeji, who had previously held cabinet position in Oyo State (Commissioner for Finance 2011-2015), has been touted as one of the personalities likely to jostle for the position.

He, however, in a recent outing, dispelled the rumour doing this round, saying he only wanted to focus on the task before him at the moment.

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“I want to use this to respond to a lot of requests, that I, Zacch Adedeji, will not contest for governorship election in 2027.

“I know a lot of people would not be happy about this, but everybody knows the responsibility and grace that God has given to us. I was a commissioner of finance 14 years ago. And by that time, with the grace of God, we’ve done all of what God wants us to do in the state.

“He has given us that platform. So the only thing I need from you is your prayers for strength to end well with what I’m doing now. So I would not want to be distracted,” he said in the clip

Adedeji was appointed by President Bola Tinubu in September 2023 to head the FIRS.

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SEE Today’s Black Market Exchange Rate: Dollar (USD) To Naira (NGN) – January 5, 2025

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By Kayode Sanni-Arewa

What is the Dollar to Naira Exchange Rate in the Black Market (Parallel Market)?

Here’s the latest information on the Dollar to Naira black market exchange rate for January 4, 2025. Check below for the rates at which you can exchange your dollars for Naira.

How Much is a Dollar to Naira Today in the Black Market?

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Here’s the latest information on the Dollar to Naira black market exchange rate for January 4, 2025. Check below for the rates at which you can exchange your dollars for Naira.

How Much is a Dollar to Naira Today in the Black Market?

According to sources at the Bureau De Change (BDC), the exchange rate for a dollar to Naira at the Lagos Parallel Market (Black Market) is as follows:

Buying Rate: ₦1,665
Selling Rate: ₦1,670
Please note that the Central Bank of Nigeria (CBN) does not recognize the black market and advises individuals to approach their banks for foreign exchange transactions.

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Dollar to Naira Black Market Rate Today:

Buying Rate: ₦1,665

Selling Rate: ₦1,670

Dollar to Naira CBN

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Rate Today:
Highest Rate: ₦1,540
Lowest Rate: ₦1,531

Note: Actual rates may vary depending on the transaction and location.

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