Tag: political news

The Chairman of the Independent National Electoral Commission (INEC), Mahmood Yakubu has warned staff of the electoral body that dereliction of duty will not be tolerated in the upcoming Ondo State Gubernatorials. Yakubu gave the warning on Thursday at the stakeholders’ meeting on the Ondo State governorship election held at the International Culture Centre in…

.. AFEX, a commodity trade solutions company, has recommended measures for the federal government to address price volatility in the food sector to stabilize the economy. The AFEX 2024 wet season report had projected a 13 per cent decline in the production of some staple foods, which could drive up prices in 2025. The…

.. Flour Mills of Nigeria Plc (FMN), spent a whopping N1.419trn on input costs during the first half of the year, 2024. This represents 80.4 per cent increment from N786.578bn spent by the flour miller in the corresponding period of 2023. This amount spent represents 92.38 per cent of the total cost of sales…

A chieftain of the All Progressives Congress (APC), Adamu Garba, has made a controversial claim, alleging that former United States President, Barack Obama orchestrated a “palace coup” against President Joe Biden. Garba took to his X handle on Thursday to air his allegations, asserting that Obama played a pivotal role in undermining Biden’s candidacy during…

Chukwudi Eke Mba, Chief Press Secretary to the Deputy Governor of Abia State, Ikechuckwu Emetu, has refuted claims that Kalu Mba Nwoke, representing Ohafia South constituency in the Abia State House of Assembly, was kidnapped on Saturday. Eke Mba clarified that the Labour Party lawmaker was arrested for allegedly storming the Ohafia local government secretariat…

The alleged reason for the perceived rift between Kano State Governor Abba Kabir Yusuf and Senator Rabiu Musa Kwankwaso has been revealed. Speculations are that Kwankwaso, the head of the New Nigeria People’s Party (NNPP), popularly known in Kano as the Kwankwasiyya Movement, is at loggerheads with Governor Yusuf, who came to power on the…

The Peoples Democratic Party (PDP) in Nasarawa State has appointed Adamu Bako, the former secretary, as its new chairman. Naija News understands that the new party leader was elected during Tuesday’s congress in Lafia, the state capital. Senator Simon Mwadkwon, who led the PDP National Committee overseeing the congress, declared Bako the winner and commended…

Three oil marketers, AYM Shafa Limited, A. A. Rano Limited, and Matrix Petroleum Services Limited, have asked the Federal High Court in Abuja to dismiss a suit filed by Dangote Petroleum Refinery and Petrochemicals. The marketers, in a joint counter affidavit marked: FHC/ABJ/CS/1324/2024, and dated November 5, 2024, a response to an originating summon filed…

.. The Group Managing Director of FBN Holdings, Nnamdi Okonkwo, has announced plans to bolster Nigeria’s oldest banking group to a N730bn capital base by the first quarter of 2025, surpassing the Central Bank of Nigeria’s (CBN) recapitalization threshold of N500bn. During the company’s ‘Facts Behind the Rights Issue’ presentation at the Nigerian Exchange…

.. The Project Manager at the Presidential Enabling Business Environment Council (PEBEC) Aimeya Okpebholo on Wednesday announced the launch of the 2024 anticipated Subnational Tour. The initiative seeks the ease of doing business reforms at the subnational (state) level through strategic engagements with state governments, the private sector, regulatory agencies, international partners, and the…

.. The Minister of Agriculture and Food Security, Abubakar Kyari has appealed for large-scale investment in mechanized farming. Kyari, speaking at an event organized by the Abuja Chamber of Commerce and Industry (ACCI), Afreximbank, and Autodex Nigeria Limited, highlighted agriculture’s vital role in Nigeria’s economy and the people’s well-being. He noted that such investments…

The trial of 27  Yoruba Nation agitators commenced on Wednesday at the Oyo State High Court in Ibadan, with all suspects present for the proceedings. The court took the pleas of the defendants, who are accused of attempting to declare a sovereign Yoruba Nation at the state Secretariat, Agodi, Ibadan, on April 13, 2024. The…

.. The Minister of Innovation, Science, and Technology, Uche Nnaji, has announced the establishment of a National Research and Innovation Council (NRIC) and the National Research Fund (NRF) to drive research and innovation across Nigeria. Nnaji, during a high-level policy dialogue aimed at fortifying national research and innovation funding structures in Abuja, said the…

A former National Publicity Secretary of the defunct New Peoples Democratic Party (nPDP), Eze Chukwuemeka Eze, has stated that President Bola Tinubu is on his way to becoming the most clueless President Nigeria has ever had. Eze stated this while reacting to a piece in circulation titled “Atiku Would’ve Plunged Nigeria Into Worse Economic Situation,”…

.. Prof. Mahmood Yakubu, National Chairman, the Independence National Electoral Commission (INEC), has appealed to political parties, candidates, and supporters to maintain peace during the governorship election in Ondo State. Yakubu made the appeal while monitoring the 2024 Ondo State Mock Accreditation held on Wednesday across the three senatorial district of the state. The…

Former President Donald Trump has defeated Vice President Kamala Harris in a historic political comeback, recapturing the White House following an election loss in 2020. Trump returns to the nation’s highest office four years after the January 6 Capitol insurrection, which occurred as part of his efforts to challenge the results of the 2020 election,…

Abia State Governor, Alex Otti, has alleged that opposition members are convening in Abuja and other locations with the intent to mislead the people of Abia through a campaign of misinformation targeting his administration. Speaking at a swearing-in ceremony at the Government House in Umuahia on Monday, where he inaugurated the Chairmen and Deputy Chairmen…

.. Foreign exchange inflows into Nigeria’s economy climbed to $24.55bn in the second quarter of 2024, marking an increase from $22.26bn recorded in first quarter, according to the Central Bank of Nigeria’s (CBN) latest economic report reviewed by NewsNGR. The report highlights that inflows from both autonomous sources and the CBN contributed to the…

Zenith Bank Plc has announced that it now boasts the best technology infrastructure in the banking industry, positioning itself to provide an exceptional customer experience and superior service delivery moving forward. This upgrade follows a recent comprehensive technology enhancement. The bank expressed its heartfelt gratitude to customers for their support and patience throughout the upgrade…

The ongoing crisis within the ruling New Nigeria Peoples Party (NNPP) has intensified as Governor Abba Yusuf reshuffled key officials, reassigning Aminu Kura, the permanent secretary for Special Duties in the Office of the Deputy Governor, and Ibrahim Kabara, the permanent secretary in the Ministry of Local Government and Chieftaincy Affairs. Naija News reports that…