In response to the recent flood disaster in Borno State, Obi and Baba-Ahmad donate N50m to Maiduguri flood victims, demonstrating their commitment to aiding those affected by the tragedy. The Labour Party’s 2023 presidential candidate, Peter Obi, and his running mate, Datti Baba-Ahmad, made the donation during a visit to Maiduguri, where they sympathized with…
Labour Party Leadership Crisis: Abure Refutes Usman’s INEC Deregistration Claims The leadership tussle within the Labour Party (LP) continues to deepen, with Julius Abure, the party’s National Chairman, strongly refuting claims by Senator Nenadi Usman over an alleged risk of deregistration by the Independent National Electoral Commission (INEC). Usman, who was appointed as the Interim…
Former Head of State Abdulsalami Urges Nigerian Government to Tackle Economic Challenges Former Nigerian Head of State, General Abdulsalami Abubakar, has called on the Federal Government to take immediate steps to address Nigeria’s economic hardship. As the nation faces ongoing challenges like inflation, unemployment, and a weakened currency, Abdulsalami stressed the need for urgent and…
The Nigeria Security and Civil Defence Corps (NSCDC) in Abia State has arrested a 64-year-old man, Mr. Nnanna Michael, for allegedly running a baby factory and engaging in child trafficking. Michael, a native of Obinkita Arochukwu, was apprehended at his residence in Aba, Abia State, where illegal activities related to child trafficking were uncovered. Acting…
President Bola Tinubu is preparing to shake up his cabinet ahead of Nigeria’s Independence Day celebrations on October 1, 2024. Sources within the presidency have revealed that the Tinubu cabinet reshuffle is a response to growing criticism over the administration’s handling of the economy and governance. Several ministries, including Petroleum Resources, Power, Transport, Water Resources,…
Jelfah invests N24bn, as Enugu divests 60 per cent equity stake Enugu State Government and Jelfah Nigeria Ltd have signed a N40bn deal for the revitalisation of the long-moribund and state-owned Sunrise Flour Mills, Enugu. The deal, which was signed at the Government House, Enugu, today, saw Jelfah acquire 60 per cent equity stake in…
The PDP postpones NEC meeting for the second time, shifting the party’s 99th National Executive Committee meeting to October 24, 2024. The postponement, which has sparked internal discontent, was originally set for September 26 but has been delayed due to unresolved congress issues in eight states. According to the National Working Committee (NWC), the postponement…
Three major oil marketers are preparing to bring in about 141 million litres of Premium Motor Spirit (PMS), commonly known as petrol, into Nigeria this week. This comes as the Federal Government’s decision to fully deregulate the downstream oil sector continues to reshape the country’s petroleum landscape. According to industry sources, the three marketers are…
N1.203 Trillion Revenue Shared Among Federal, State, and Local Governments for August 2024 In a bid to sustain the fiscal operations of all tiers of government, the Federation Accounts Allocation Committee (FAAC) has disbursed N1.203 trillion in revenue for August 2024. This distribution, which was revealed in the committee’s September meeting in Abuja, was shared…
Debt Pressures Mount as 20 Nigerian States Borrow N446bn Amid Shrinking Revenues Twenty Nigerian states have borrowed a fresh N446.29 billion to navigate growing fiscal challenges as their revenues continue to plummet. Despite an increase in statutory allocations from the Federation Account, the financial strain from existing debt servicing has left state governments struggling to…
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