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Showing posts from September, 2026

ACT historic maiden convocation: Falaye, Deputy Governor Adelami advocate reinforcement of tech skills

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Adeyemi College of Technology (ACT), Ondo, has made history with its maiden convocation ceremony, marking a significant milestone in the institution's journey. The event , held at the center for educational technology in Adeyemi Federal University of Education campus, drew dignitaries from across Ondo State and beyond, including the Deputy Governor of Ondo State, His Excellency, Dr. Olayide Owolabi Adelami, mni.  The Guest Speaker, Dr. Foluso Bamidele Falaye,  Chief Executive of Triangular Anchor Technologies Ltd,  delivered a thought-provoking lecture titled "From Classroom to Industry: Harnessing Technology and Innovation to Drive Nigeria's Industrial Transformation." In his address, Dr. Falaye stressed the urgent need to bridge the gap between academic training and industrial needs. He noted that Nigeria cannot achieve true industrial transformation without deliberate investment in technical and vocational education, innovation hubs, and industry-driven curriculum....

Fuel hikes in Nigeria under BAT administration

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  Fuel Hikes in Nigeria Under the BAT Administration: From Subsidy Removal to N1,400+ Per Litre If you bought fuel in May 2023 and you buy it today, you are not buying the same product economically. The price has changed by over 600%. Here is how it happened under President Bola Ahmed Tinubu (BAT). 1. The Starting Point: May 29, 2023 At Eagle Square during his inauguration, President Tinubu declared: "The fuel subsidy is gone." At that time, the official pump price under the Buhari administration was between N185 and N195 per litre. Within 48 hours, NNPC stations adjusted from ~N190 to N540 per litre. Panic buying and long queues followed in Lagos, Abuja and Kano. 50f20429 The government said subsidy was costing over N4 trillion annually and needed to be redirected to infrastructure, education and healthcare. 2. The Twin Shock: Subsidy + FX Reform The price hike was not just subsidy alone. On June 14, 2023, the Central Bank of Nigeria unified the exchange rate market. Sinc...