politics

Issues News Politics

Reps Expose Mismanagement in COVID-19 Fund Disbursements

During a plenary session on Tuesday, the House of Representatives received a report from the Public Accounts Committee on the investigation into the disbursement and management of COVID-19 funds. Chairman of the Committee, Bamidele Salam, presented the report, which covers the period from 2020 to 2022, during a session presided over by Deputy Speaker Benjamin […]

News Politics

Democracy Day: APC Responds to Atiku, PDP’s Criticism of Tinubu’s Reforms

  Atiku Abubakar The ruling All Progressives Congress (APC) has criticized former Vice President Atiku Abubakar and the Peoples Democratic Party (PDP) for holding President Bola Tinubu responsible for the current economic hardships in the country. In separate statements issued in Abuja on Tuesday, commemorating Democracy Day on June 12, both Atiku and the PDP […]

Issues News Politics

Tinubu Dismisses Arase, Appoints Argungu as New Police Service Commission Chairman

President Bola Tinubu has appointed retired Deputy Inspector-General of Police Hashimu Argungu as the new chairman of the Police Service Commission, ending the tenure of retired Inspector General of Police Solomon Arase. The appointment was announced on Monday by the President’s Special Adviser on Media and Publicity, Ajuri Ngelale, in a statement titled “President Tinubu […]

News Politics

Nigeria’s 2023 Election Was Shameful Compared to South Africa’s, Says Obi

Labour Party Presidential Candidate for the 2023 General Election, Mr. Peter Obi, has praised South Africa’s election as exemplary while calling Nigeria’s 2023 polls “shameful.” In a post on his verified X handle on Saturday, Obi highlighted the significant disparities between the electoral procedures of the two nations, emphasizing Nigeria’s ongoing struggles with democratic governance. […]

News Politics

Okupe: Tinubu Was the Best Among All 2023 Presidential Candidates

He stated that, in hindsight, he now recognizes Tinubu as the best candidate for the job. A combo of Okupe and Tinubu Former presidential aide Doyin Okupe has praised President Bola Tinubu as the best among all the candidates who contested the 2023 presidential election. Tinubu won the election, with Atiku Abubakar of the Peoples […]

Issues News Politics

N5.4trn Subsidy: Leaked Fiscal Policy Proposals Are Unofficial – Presidency

President Bola Tinubu The Presidency has clarified that two fiscal policy documents circulating widely in mainstream and social media are not official. Bayo Onanuga, Special Adviser to the President on Information and Strategy, stated this in Abuja on Thursday. He noted that one document, titled “Inflation Reduction and Price Stability (Fiscal Policy Measure etc) Order […]

Business News Politics

Comply with KYC Laws or Face Consequences,’ EFCC Warns Extractive Industries

These laws mandate financial institutions to verify customer identities and monitor transactions for suspicious activity. Lawal said, “The extractive industry is particularly vulnerable to fraud and corruption, with schemes spanning different segments, including upstream, midstream, and downstream. This can result in significant revenue loss for the government and individuals. “Know Your Customer (KYC) compliance is […]

News Politics

Rivers Govt Approves N19.5bn for Reconstruction of Demolished Assembly Chambers

The approval was granted during the State Executive Council Meeting on Friday evening at the government house in Port Harcourt. File photo of the Rivers State House of Assembly. The Rivers State Government has approved N19.5 billion for the reconstruction of the State Assembly Chambers, which were demolished amid the political crisis in the state. […]

News Opinion Politics

Obi Urges Nigerians: Stay United, Don’t Let Politicians Divide You

Peter Obi On Saturday, the Labour Party’s presidential candidate, Mr. Peter Obi, urged Nigerians not to let desperate politicians divide them along religious and ethnic lines, especially during elections. He made this appeal after receiving the 2024 Courageous Citizen Award at an event in Abuja organized by the Nigerian-American Coalition for Justice and Democracy. Represented […]

Issues News Politics

Naira Gains 9.7% Against Dollar in Official Market

On Monday, the Naira saw significant appreciation in the official market, trading at N1,339.33 to the dollar. Data from the FMDQ Exchange, which oversees the Nigerian Autonomous Foreign Exchange Market (NAFEM), showed that the Naira gained N143.48, a 9.67 percent increase compared to the previous trading day, Friday, May 24, 2024, when it traded at […]

Issues News Politics

Trump Verdict: Soyinka Considers Reapplying for US Green Card

Nobel Laureate, Professor Wole Soyinka, has announced that he may reapply for the restoration of his US permanent residency following the conviction of former US President Donald Trump. On Thursday, Trump was convicted on all 34 charges of falsifying business records to conceal a payment meant to silence porn star Stormy Daniels. In 2016, Soyinka […]

News Opinion Politics

Number Of Nigerians In Thailand Prisons For Drug Trafficking Drops By 75% – NDLEA

Marwa expressed satisfaction with the continuing collaboration between the NDLEA and the Thai embassy regarding visa clearance certificates. The number of Nigerians imprisoned in Thailand for drug trafficking has decreased by 75 percent, according to an estimation by Channels Television based on statistics from the National Drug Law Enforcement Agency (NDLEA). A statement from NDLEA’s […]

Issues News Politics

LP Lawmakers to Tinubu: Nigeria’s Economy in Peril Under Your Leadership

Labour Party Caucus Criticizes Tinubu’s Leadership Amid Economic Decline The Labour Party (LP) Caucus in the House of Representatives has expressed concern over Nigeria’s economy, which they claim has been in a “dangerous free fall” since President Bola Tinubu assumed office a year ago. In a statement signed by their leader, Afam Ogene, the lawmakers […]

Business Issues News Politics

MMNL to Invest $50M to Scale Tubular Battery Production to 100,000 Units Over Next 5 Years

Metal Manufacturing Nigeria Limited (MMNL) Expands to Dominate Tubular Battery Market and Diversify Ventures Metal Manufacturing Nigeria Limited (MMNL) is not just Nigeria’s largest tubular battery company; it is also diversifying into multiple business verticals, including backward and forward integration and mining, to stay ahead of its competitors. To meet the rapidly growing demand in […]

News Politics

Tinubu’s Promise to Revive Economy Unfulfilled After One Year in Office – Atiku

Atiku made this comment in his appraisal of President Tinubu’s first year in office. COMBO: President Bola Tinubu and former Vice-President Atiku Abubakar Former Vice President Atiku Abubakar criticized President Bola Tinubu for not fulfilling his promise to grow the nation’s economy and alleviate Nigerians’ suffering. After taking office last May, Tinubu implemented various reforms […]

Business News Politics

Nigeria Secures $30bn Investment Commitment in One Year – Industry Minister

She also noted the revenue increase to ₦430 million for the Lagos International Trade Fair Complex. The Minister of Industry, Trade and Investment, Doris Uzoka-Anite, announced that Nigeria secured over $30 billion in investment commitments over the past year. The Minister of Industry, Trade and Investment, Doris Uzoka-Anite, announced that Nigeria secured over $30 billion […]

Issues News Politics

Court Halts Eviction of Emir Sanusi by Police, SSS, Military

The Kano High Court on Miller Road has issued an order preventing the police, State Security Service (SSS), and Nigerian military from evicting Emir of Kano, Muhammadu Sanusi II, who was recently reinstated. Justice Amina Adamu Aliyu granted the order, restraining the security agencies from arresting or harassing the emir and his kingmakers. The judge […]

Issues News Politics

Peter Obi: Seeking Alliances to Benefit Nigeria, Not Power

Mr Peter Obi Peter Obi, the Labour Party’s 2023 presidential candidate, will only consider a merger that prioritizes Nigeria’s welfare over mere power acquisition, according to Yunusa Tanko, Chief Spokesperson of Obi-Datti and Director of Media for the Labour Party (LP). In an interview with Channels Television on Monday, Tanko emphasized that Obi seeks alliances […]

Issues News Politics

Labour Issues 14-Day Ultimatum to Otti for N30,000 Minimum Wage Payment

Organized Labour in Abia state has issued a 14-day ultimatum to Governor Alex Otti to ensure the full payment of the N30,000 national minimum wage and the N35,000 palliative wage award approved by the federal government for workers in the state. In a letter addressed to Governor Otti by the Nigeria Labour Congress (NLC) Abia […]

Issues News Politics

EFCC Pays Tribute to Former Chairman Lamorde

The Economic and Financial Crimes Commission (EFCC) has expressed condolences to the family of its third substantive Chairman, Ibrahim Lamorde, who passed away in Egypt on Sunday at the age of 61. Lamorde had traveled to Egypt for medical treatment. In a statement on Sunday, EFCC spokesperson Dele Oyewale conveyed the agency’s shock at Lamorde’s […]