Tag: political news

A Rivers State High Court in Port Harcourt has nullified the Local Government and State Congresses organized by the Tony Okocha-led faction of the All Progressives Congress (APC) in the state. The court ruled that the congresses were conducted in defiance of an existing court order, thereby rendering the process illegal. Despite the court’s directive,…

Edo State Chapter of the Peoples Democratic Party (PDP) has said the ruling of the High Court nullifying the suspension of 18 local government chairmen in the state was a victory for democracy. The State’s PDP Chairman, Dr. Anthony Aziegbemi, said the ruling was particularly significant as it would help restore the hope of people…

The Court of Appeal sitting in Enugu has upheld a High Court ruling that nullified Samuel Anyanwu as the National Secretary of the Peoples Democratic Party (PDP). The Court of Appeal also upheld Ude Okoye as the substantive National Secretary of the main opposition party. In its sitting on Friday, the Court, in a lead…

.. Aradel Holdings Plc (Aradel), a company listed on the Nigerian Exchange Limited, has announced a major milestone in the energy sector. According to the company in a notice to the NGX, the Minister of Petroleum Resources has officially granted consent for the sale of Shell Petroleum Development Company (SPDC) to Renaissance Africa Energy…

.. The Bill & Melinda Gates Foundation (BMGF), in partnership with the African Forum for Agricultural Advisory Services (AFAAS), hosted a stakeholder event aimed at developing a Public-Private Partnership (PPP) model for Digital Agricultural Extension Services (DAES). The event, held at Ikeja, Lagos, convened stakeholders from public, private, and development sectors to address challenges…

.. The Minister of State Petroleum (oil), Heineken Lokpobiri has said that the 2.06 million barrels per day oil projection in the 2025 budget is realisable. The minister made the statement following the presentation of the N49.7tn budget by President Bola Ahmed Tinubu to the National Assembly. The budget titled, “Budget of Restoration: Securing…

.. The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced plans to launch another licensing round in 2025. The Commission Chief Executive, Engr. Gbenga Komolafe, made the disclosure during the 2024 Commercial Bid Conference organised by the NUPRC in Lagos on Wednesday. “Declining production levels and fierce global competition demand strategic action. Interestingly, the…

.. TotalEnergies and MRS Oil & Gas Company Limited, among others, have emerged as winners in the 2024 commercial bid.The winners were announced during the commercial bid conference held in Lagos on Wednesday. The commercial bid was for both the 2022/ 2023 deepoffshore licencing round and the 2024 Licencing round. Themed “Unlocking Nigeria’s Energy…

.. Rivers State Governor, Sir Siminalayi Fubara, has revealed that his administration has achieved greater efficiency and effectiveness in governance by creating a conducive internal work environment. The Governor noted that the deliberate effort enables members of his cabinet and every officer of government to function maximally. Governor Fubara made this assertion at the…

.. The federal government has disclosed plans to set up a youth bank to offer loans, grants, and other financial products to support young entrepreneurs. The Minister of Youth Development, Mr Ayodele Olawande, during a media chat. He said the ministry is planning a Nigerian Youth Employment Action Plan, which would address rising unemployment.…

.. The Labour Party has frowned at the defection wave that has hit the party hinting that it had approached the court to declare seats of all the defected lawmakers vacant. A statement issued on Friday by its spokesman, Obiora Ifoh, was against the backdrop of recent defection of five federal lawmakers to the…

.. Jaiz Bank has successfully listed N10.04bn from its private placement on the Nigerian Exchange Group (NGX), following regulatory approvals from the Central Bank of Nigeria (CBN), Securities and Exchange Commission (SEC), and NGX. The move places Jaiz Bank among the few banks that have already met the CBN’s revised capital requirements, ahead of…

.. The Federal Ministry of Agriculture and Food Security (FMAFS) on Monday announced a collaboration with the World Bank, to allocate $600m to rehabilitate 200,000 kilometres of rural roads under the Rural Access and Agricultural Marketing Project (RAAMP). The Minister of State for Agriculture, Aliyu Abdullahi, revealed that the World Bank would disburse $500m,…

.. Excited by the victory of the main opposition party in last weekend’s presidential election in Ghana, the Peoples Democratic Party (PDP) has vowed to defeat the ruling All Progressives Congress (APC) in2027. Presidential candidate of the opposition National Democratic Congress (NDC), John Mahama, had defeated the candidate of the rulingNew Patriotic Party (NNP),…

Segun Showunmi, convener of the National Opposition Movement Coalition (NOMC), has revealed a plan of how Nigeria’s next president will be chosen. According to him, the process will involve consensus among ordinary Nigerians, with the selected candidate presented to a political party under the banner of a new movement known as “The Alternative.” Showunmi, a…

Former governor of Kogi State, Yahaya Adoza Bello, has appealed to Justice Maryann Anenih of the Federal Capital Territory, FCT High Court, Maitama, Abuja, to spare him the possession of a landed property in the Maitama district as one of the conditions for bail.  Bello made the plea on Thursday, December 19, 2024, through his…

Justice Deinde Dipeoplu of the Federal High Court sitting in Lagos has ordered the final forfeiture of a warehouse built on a landed property measuring 1.925 hectares of land along the Lagos/Ibadan expressway in Magboro, Obafemi Owode Local Government Area of Ogun State.  The court also ordered the permanent forfeiture of 54 general purpose steel…

The Federal Capital Territory High Court in Abuja on Thursday granted the immediate past Kogi State Governor, Yahaya Bello, bail in the sum of N500 million and three sureties. The trial judge, Justice MaryAnne Anenih, made the pronouncement after listening to the fresh bail application brought before the court following the court’s refusal to grant…

The summit, organized by Crustos Consults Ltd. under the leadership of President Ambassador Shirley Nkechinyere Hills, aims to reshape Africa’s narrative by fostering transformational leadership and catalyzing new investment opportunities across the continent. “We are building bridges across leadership, business, and investment landscapes while forging strategic partnerships that promote tangible, sustainable change and shared prosperity,”…

A Federal High Court in Abuja has ordered Interior Minister, Olubunmi Tunji-Ojo, and the Nigeria Immigration Service (NIS) to always ensure that applicants who meet all the requirements to get international passports get them within six weeks. The court said this delivery period is achievable because it is in line with Section 9(4) of the Immigration Act 2015. Justice…