Tag: local updates
Breaking: Supreme Court dismisses state governments’ suit against EFCC
The Supreme Court has dismissed the suit instituted by 16 states of the federation against the Attorney-General of the Federation (AGF), challenging the constitutionality of the acts establishing the Economic and Financial Crimes Commission (EFCC) and two others. The plaintiffs in their arguements stated that the Supreme Court, in Dr Joseph Nwobike Vs Federal Republic…
2025: With $75/barrel crude oil benchmark, FG earmarks N47.9trn Budget, commits to January – December circleÂ
The federal government has proposed N47.9 trillion for the 2025 budget, Minister of Budget and Economic Planning Senator Abubakar Atiku Bagudu has said. The minister said this Thursday while briefing State House correspondents at the end of the Federal Executive Council (FEC) meeting, presided over by President Bola Ahmed Tinubu. He said the FEC approved…
2024 Ondo governorship election: DHQ, Police deploy personnel, harp on peaceful conduct
Inspector-General of Police Kayode Egbetokun has announced comprehensive security measures aimed at ensuring a peaceful, transparent and credible electoral process during Saturday’s off-season governorship election in Ondo state. In preparation for the elections, the IGP deployed Sylvester Abiodun Alabi as the coordinating Deputy Inspector General (DIG) for the election, tasked with overseeing the implementation of…
Nigeria:Â NNPC Ltd ramps up production to 1.8mbpd in 4 months, eyes 2mbpd by year endÂ
The Nigerian National Petroleum Company Limited (NNPC Ltd) and its partners have revved up crude oil and gas production to 1.8 million barrels per day (mbpd) and 7.4 billion standard cubic feet (bscf). Nigeria has over the years failed to meet its OPEC+ production quota of 1.7mbpd due to massive oil theft and pipeline vandalism that…
Breaking: Former Atiku’s spokesman now Tinubu’s media aide
President Bola Tinubu has appointed Daniel Bwala, former spokesperson to the 2023 People’s Democratic Party presidential candidate Atiku Abubakar, as Special Adviser on Media and Public Communications (State House). In a statement issued by Bayo Onanuga, Special Adviser to the President on Information and Strategy on Thursday, 14th of November, Tinubu also named three others…
Breaking: Olapade emerges Director-General of National Sports Commission
President Bola Tinubu has approved the appointment of Mr. Olawale Olopade as the new Director-General of the returned National Sports Commission (NSC). The appointment was part of announcement of three Nigerians as directors-general of various agencies and one special adviser on Public Communications and Media. The new appointees are: (1) Mr. Olawale Olopade – Director-General,…
FEC okays $2.2bn borrowing plan to boost economic growth
The Federal Executive Council (FEC) Thursday approved a $2.2 billion external borrowing plan to strengthen the country’s finances and support economic reforms. Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, said this while briefing State House correspondents at the end of the FEC meeting chaired by President Bola Ahmed Tinubu. He…
Breaking: FEC approves N47.9trn 2025 budget, NASS to receive estimates November 18
The federal government has proposed N47.9 trillion for the 2025 budget, Minister of Budget and Economic Planning, Mr Abubakar Atiku Bagudu, has said. The minister said this Thursday while briefing State House correspondents at the end of the Federal Executive Council (FEC) meeting presided over by President Bola Ahmed Tinubu. He said the Federal Executive…
Breaking: Nigeria qualify for 2025 Africa Cup of Nations
Nigeria’s Super Eagles on Thursday night qualified for the 2025 Africa Cup of Nations in Morocco even before their Group D clash against Benin in Abidjan after home team Rwanda fell 1-0 to Libya in Kigali. After a scoreless first half at the Amahoro Stadium in Kigali, substitute Fahd Saad Mohamed was the late match…
AFCON 2025 qualifier: Eguavoen unveils Super Eagles starting lineup for Benin Republic clash
Super Eagles caretaker coach, Augustine Eguavoen has released his starting line-up for tonight’s 2025 Africa Cup of Nations qualifying matchday five encounter against the Cheetahs of Benin Republic. Eguavoen opted for a 3-4-3 formation against Gernot Rohr’s men. As expected, Chippa United shot-stopper, Stanley Nwabali will be between the sticks. Captain William Troost-Ekong will man…
How bandits exploit peace deals with Kaduna farming communities – BEPU Â
Residents of Birnin-Gwari local government area of Kaduna state have raised the alarm that bandits are breaking peace agreements entered into with farming communities in the area. Specifically, they said the bandits usually do this when critical farm harvest period begins, despite taking levies to allow them freely carry out their occupation. According to reports, farming…
Tinubu reveals how reforms pushed Nigeria’s FDIs beyond $30bn as Customs hits N5.07trn 2024 target
President Bola Ahmed Tinubu, Wednesday, said there has been a tremendous improvement in Foreign Direct Investments (FDIs) to the tune of over $30 billion between last year and now. The president, who spoke in Abuja at the Comptroller-General of Customs Conference 2024, said the feats were some of the results of the ongoing reforms by…
NNPC Ltd strikes 10-year deal, set to supply 100mmscf/d gas to Dangote Refinery
The NNPC Gas Marketing Limited (NGML), a subsidiary of the Nigerian National Petroleum Company (NNPC) Limited, has successfully executed a Gas Sale and Purchase Agreement (GSPA) with Dangote Petroleum Refinery and Petrochemicals FZE. According to a statement by the Chief Corporate Communications Officer of NNPC Ltd, Olufemi Soneye, the agreement, signed by the Managing Director,…
Nigerian lawmakers pressure officials to manipulate budgets for their gains – Jega
A former chairman of the Independent National Electoral Commission (INEC), Attahiru Jega, Wednesday, recounted his experience of how members of the National Assembly pressure public officials to manipulate the national budgets for their own gains. Professor Jega said this in his keynote address at the ‘Anti-corruption Training for Norm and Behaviour Change’, organised by the Independent Corrupt…
Unizik crisis gets messier, as ASUU boycotts new VC ‘s activities
Crisis rocking Nnamdi Azikiwe University, Awka, Anambra state following appointment of Professor Ifeanyi Odoh as Vice Chancellor got messier as the Academic Staff Union of Universities (ASUU), on Wednesday, moved to boycott activities convened by him. Odoh’s appointment since October 2024 has continued to generate controversy as the Federal Ministry of Education rejected the appointment…
Breaking: South Africa FA President arrested
South African Football Association (SAFA) President Danny Jordaan was arrested on Wednesday over allegations he used the organisation’s money for his own purposes, according to local media reports. Jordaan, who was a leading figure in bringing the 2010 World Cup to South Africa, had tried to interdict his imminent arrest on Tuesday, but the Johannesburg…
Major energy marketers:Â Nigerians groaning despite low landing costs of petrol
In spite of the drop in the landing costs of premium motor spirit (PMS), the price of petrol remains high, the Major Energy Marketers Association of Nigeria (MEMAN) has claimed. In its latest Daily Energy Bulletin, dated November 8, 2024, the group stated that in the last three months, landing costs of petrol dropped to N971.57 per…
FG’s diversification, trade policies boost export growth to N6.9trn
The federal government Tuesday revealed that trade facilitation programmes of the current administration have increased the country’s trade balance to N6.5trillion in the second quarter of 2024. It also said efforts to maximise economic opportunities through increased exports, accounted for 60.89 per cent, or N19.42tn of total trade, a figure that represents a slight increase of…
BREAKING: Tinubu’s Govt Proposes N47.9trn As 2025 Budget
The federal government has proposed N47.9 trillion as the total expenditure in the 2025 budget. Atiku Bagudu, the minister of budget and economic planning, told journalists on Thursday after the Federal Executive Council (FEC) meeting presided over by President Bola Tinubu. The approval is part of the Medium Term Expenditure Framework, MTEF, and Fiscal Strategy…
BREAKING: Top PDP chieftain defects from party to APC, details emerge
In a surprising political move, Abia Onyike, a former Commissioner in Ebonyi State, has officially announced his departure from the Peoples Democratic Party (PDP) to join the ruling All Progressives Congress (APC). Onyike made this announcement on Wednesday at a formal ceremony held in Owutu Edda Ward in Edda Local Government Area. Onyike has a…