Faruk Shuaibu

Abuja

Reporter at Daily Trust

A proud Muslim, #journalist, reporter @daily_trust #Photoghraphy #speechwriting #publicrelations.

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Articles

Budget deficit may widen as crude oil price drops to $60

1 week ago | dailytrust.com | Faruk Shuaibu

Nigeria’s N13 trillion budget deficit for 2025 may widen with the continuous drop in the price of crude oil, Daily Trust can report.
‘6km completed on phase 1 of Abuja-Kaduna highway’

1 week ago | dailytrust.com | Faruk Shuaibu

The Minister of State for Works, Bello Muhammad Goronyo, Esq., has stated that approximately six kilometres, 3km on each side, had already been completed using reinforced rigid concrete pavement on the phase 1 of the Abuja-Kaduna highway. During an inspection tour, the minister expressed satisfaction with the progress and quality of work on the Abuja-Kaduna-Kano Road (Zuba Section).
2025 hajj: NAHCON advance team leaves for Saudi today - Daily Trust

1 week ago | dailytrust.com | Faruk Shuaibu

The National Hajj Commission of Nigeria (NAHCON) has stated that the delay in travelling of its advance team for the 2025 hajj is due to some changes introduced to improve operational efficiency. A statement by the commission, which revealed that it is on course to facilitate seamless hajj for the year added that officials would travel today (Monday), four days to the commencement of hajj airlift. It said this is a strategic decision without fear of lateness.
Companies operating in Nigeria’s digital space must comply with domestic laws – NPAN - Daily Trust

1 week ago | dailytrust.com | Faruk Shuaibu

The Newspaper Proprietors’ Association of Nigeria (NPAN) has urged companies operating in Nigeria’s digital space to comply fully with domestic laws. A statement signed by its President and General Secretary, Malam Kabiru A. Yusuf and Mrs. Angela Emuwa, respectively, said it received the news that the Competition and Consumer Protection Tribunal (CCT) upheld the $220m fine imposed on Meta Platforms Incorporated, the parent company of Facebook, WhatsApp and Instagram.
GenCos to meet Tinubu over N4tr debt

1 week ago | dailytrust.com | Faruk Shuaibu

The minister of Power, Adebayo Adelabu has proposed a meeting between President Bola Ahmed Tinubu and owners of electricity Generating Companies (GenCos) on ways to resolve the N4tr debt the government is owing the utility companies.
OPEC approves hike in oil production despite weak prices

1 week ago | dailytrust.com | Faruk Shuaibu

The Organisation of Petroleum Exporting Countries (OPEC) has agreed to increase oil production for the second time in two months, adding 411,000 barrels per day to its production quota in June. According to a report by Reuters, the increase is despite falling prices and expectations of weaker demand.
Saudi Arabia to fine Hajj violators, facilitators N8.5m

1 week ago | dailytrust.com | Faruk Shuaibu

The Saudi Ministry of Interior has announced penalties for individuals who violate regulations requiring a permit to perform Hajj and those who facilitate such violations. According to the Saudi Press Agency (SPA), the ministry stated that a fine of up to SAR 20,000 ($5,332 or N8.5m) will be imposed on individuals attempting to perform Hajj without a permit, as well as on visitors trying to enter or stay in Makkah during this period.
Nigeria: Govt Restates Commitment to 70,000 Km Gas-By-Freight Corridor

2 weeks ago | allafrica.com | Faruk Shuaibu

The federal government has reiterated its commitment towards the full implementation of policies of increasing the efficiency and reliability of gas delivery through the gas-by-freight corridor initiative. The Newly appointed Coordinator, Gas by Freight Corridor Initiative in Nigeria, Dr. Abubakar Tanko Bala, revealed this in Abuja after receiving his appointment letter signed by the Global Leader of the Initiative, Amb.
FG restates commitment to 70,000 km gas-by-freight corridor

2 weeks ago | dailytrust.com | Faruk Shuaibu

The federal government has reiterated its commitment towards the full implementation of policies of increasing the efficiency and reliability of gas delivery through the gas-by-freight corridor initiative. The Newly appointed Coordinator, Gas by Freight Corridor Initiative in Nigeria, Dr. Abubakar Tanko Bala, revealed this in Abuja after receiving his appointment letter signed by the Global Leader of the Initiative, Amb.
Nigeria: REA, Developers Sign N1.21tr Solar Electrification Grant

2 weeks ago | allafrica.com | Faruk Shuaibu

The Rural Electrification Agency (REA) has signed a $750m (N1.21tr) solar electrification grant with developers in a bid to provide electricity to 17.5 million Nigerians. The grant, which is under the Distributed Access through Renewable Energy Scale-Up (DARES) project, is funded by the World Bank and designed to accelerate access to reliable electricity.