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President Bola Tinubu has requested the Senate's approval for the reimbursement of over N15 billion to the Kebbi State Government for the construction of Sir Ahmadu Bello International Airport in Birnin Kebbi and N9 billion to the Nasarawa State Government for the construction of Lafia Cargo Airport. The request was outlined in a letter read by Senate President Godswill Akpabio during Tuesday’s plenary session. In his letter, President Tinubu explained that the federal government had assumed control and ownership of the two airports, necessitating reimbursement to the state governments. The president cited the 1999 Constitution, which places aviation, including airports…
President Bola Tinubu has officially received the report from the High Powered Presidential Committee (HPPC) on Nigeria’s Extended Continental Shelf Project. He commended the committee’s experts for their diligent efforts over the years to extend Nigeria’s maritime boundaries under the United Nations Convention on the Law of the Sea (UNCLOS), 1982. At a presentation in Abuja, marine scientist Larry Awosika and Committee Secretary Aliyu Omar delivered technical details about the project. Since Nigeria's initial submission to the United Nations Commission on the Limits of the Continental Shelf (CLCS) in 2009, the team has worked tirelessly to gain approval for extending…
U.S. President Joe Biden on Tuesday unveiled a bundle of steep tariff increases on an array of Chinese imports including electric vehicle (EV) batteries, computer chips and medical products, risking an election-year standoff with Beijing in a bid to woo voters who give his economic policies low marks. China immediately vowed retaliation. Its commerce ministry said Beijing was opposed to the U.S. tariff hikes and would take measures to defend its interests, urging the United States to cancel the measures. Biden will keep tariffs put in place by his Republican predecessor Donald Trump while ratcheting up others, including a quadrupling…
The Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) spearheaded protests against the recent electricity tariff hike, targeting distribution companies (DISCOs) across the country on Monday. Organized labour mobilized members to oppose the increase in electricity tariff for customers categorized under Band A. Approved by the Nigerian Electricity Regulatory Commission (NERC) on April 3, the tariff surged from N66 to N225 per kilowatt for this classification. The demonstrations saw the blockade of key DISCOs' headquarters including the Ibadan Electricity Distribution Company (IBEDC), the Jos Electricity Distribution Company (JEDC), and the Benin Electricity Distribution Company (BEDC). Additionally, protests were…
President Bola Tinubu has instructed all ministries, departments, and agencies (MDAs) to transition to vehicles powered by compressed natural gas (CNG) as part of his administration's energy reform agenda. Addressing members of the federal executive council (FEC) at the State House, Tinubu emphasized the importance of energy security, utility enhancement, and reduction of fuel costs. Tinubu asserted that his administration is resolute in driving the adoption of CNG nationwide, stressing the need for proactive leadership from public officials to set a precedent for the populace. He emphasized that all procurement requests for traditional petrol-dependent vehicles should be declined in favor…
Organized labour declared its intention to close Nigerian Electricity Regulatory Commission (NERC) and Distribution Companies (DisCos) offices across the nation until the Federal Government reverses the recent electricity tariff hike. The tariff, soaring from N65/kWh to N225/kWh for Band A users, drew vehement opposition from labour unions. Despite a slight reduction approved by the Federal Government, labour demands a complete rollback. The Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) had issued warnings to NERC, demanding swift action by May 12th. Labour also condemned what it perceives as unfair categorization of electricity consumers. In an official statement, NLC's head…
Bayelsa State Governor, Douye Diri, criticized Nigeria's federalism structure, citing its adverse effects on state development. He urged a review of revenue distribution to align with fiscal federalism principles, particularly highlighting the disparity in resource-endowed states' allocations. Diri emphasized the injustice of Bayelsa being labeled as financially insolvent while its resources fuel the nation's coffers. Speaking at an event in Houston, Texas, where he received the "Icon of Unity and Social Justice" award, Diri underscored the importance of preserving Ijaw heritage and unity. Diri says: “You cannot take away the resources in my state and the internally generated revenue that…
President Bola Tinubu has asked the Central Bank of Nigeria to suspend the implementation of the controversial cybersecurity levy policy and ordered a review. This followed the decision of the House of Representatives, which, last Thursday, asked the CBN to withdraw its circular directing all banks to commence charging a 0.5 per cent cybersecurity levy on all electronic transactions in the country. The CBN on May 6, 2024, issued a circular mandating all banks, mobile money operators, and payment service providers to implement a new cybersecurity levy, following the provisions laid out in the Cybercrime (Prohibition, Prevention, etc) (Amendment) Act…
The Nigerian Army is investigating how a group of soldiers detained in guard rooms for various offenses managed to break out of the facility at the 8 Division Garrison in Sokoto. Following the incident, in which Lance Corporal Charles Ekefure was reportedly shot, the Army has detained around 100 soldiers, 10 in each cell, after they clamored for better living conditions. Army spokesperson, Onyema Nwachukwu, expressed regret over the incident and stated that appropriate sanctions would be applied to the soldiers involved. He emphasized that while the Army acknowledges the need for improved conditions, it cannot condone the unruly behavior…
In a stunning reversal of fortune, Nigeria's naira has plummeted to claim the unenviable title of the world's worst-performing currency in the past month, according to a recent Bloomberg report. This development heaps pressure on the Central Bank of Nigeria (CBN) to consider further interest rate hikes. With the naira depreciating to 1,466.31 against the dollar, hitting its weakest level since March 20, the report underscores the critical need for action. The scarcity of the US dollar locally exacerbates the situation, with Thursday's supply dwindling to a mere $84 million, half of the previous day's allocation. Earlier accolades lauding the…
March 15, 2025

Dangote Refinery further reduces petrol loading price amidst fresh crude supply from NNPCL

In a significant development in Nigeria's downstream oil sector, the Dangote Petroleum Refinery has further…
March 14, 2025

I know individuals in Tinubu’s govt who bought ministerial positions, El-Rufai claims

Former Kaduna State governor, Nasir El-Rufai, has revealed that he knows individuals who paid to…
March 14, 2025

How leaders train themselves to rethink and adapt faster

Paola Cecchi-Dimeglio Recognizing the value of rethinking is one thing—making it a habit is another.…
March 01, 2025

Man offers to split $525,000 jackpot with thieves who stole his credit card to buy…

A Frenchman appealed to the homeless thieves who stole his credit card to buy a…
March 14, 2025

Gunmen invade Kaduna communities, abduct 10

Suspected bandits have abducted ten villagers from three remote communities in Kajuru Local Government Area…
March 15, 2025

What to know after Day 1115 of Russia-Ukraine war

RUSSIAN PERSPECTIVE Putin urges Kiev to order troops in Kursk Region to surrender Moscow is…
March 15, 2025

Humanoid robot with human-like competence unveiled in China

Du Qiongfang Humanoid robot manufacturer AgiBot in Shanghai unveiled on Tuesday its latest humanoid robot…
January 08, 2025

NFF appoints new Super Eagles head coach

The Nigeria Football Federation (NFF) has appointed Éric Sékou Chelle as the new Head Coach…

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