Fuel Subsidy Removal and Savings The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, reveals that the removal of fuel subsidy and exchange rate unification will result in an annual savings of N8tn for the Federal Government. This significant financial gain opens avenues for impactful investment and addressing economic challenges. Oyedele…
In a significant move within the energy sector, Shell has officially confirmed reaching an agreement to divest its Nigerian onshore oil business, the Shell Petroleum Development Company of Nigeria Limited (SPDC), to the Renaissance consortium. This consortium comprises four exploration and production companies based in Nigeria, along with an international energy group. The deal, while…
Abuja, Nigeria – In response to the growing security challenges plaguing sections of the Federal Capital Territory (FCT), Minister Nyesom Wike assured the public that the FCT Administration is actively taking steps to address the escalating situation. Speaking at a press conference held on Tuesday, the minister urged residents not to panic, emphasizing that the…
In a stern declaration, the Presidency, led by President Tinubu, asserted its unwavering commitment to ensuring accountability in the ongoing investigation into the alleged fraud within the Ministry of Humanitarian Affairs and Poverty Alleviation, along with its Social Investment Programmes. The Special Adviser to the President on Media and Publicity, Ajuri Ngelale, delivered the message,…
In a significant legal victory, the Supreme Court revalidated the election of Abba Kabir as the governor of Kano State. Governor Kabir expressed gratitude for the impartiality of President Bola Tinubu and Vice President Kashim Shettima, acknowledging their refusal to succumb to external pressures in the legal battle. The governor’s statement emphasized his commitment to…
School-Feeding Program: OGM News– In a recent press release, President Tinubu has called upon governors across the nation to collaboratively devise a comprehensive framework to elevate the School-Feeding Program‘s efficiency. Emphasizing the importance of considering local peculiarities, the President aims for a unified effort to bring all children into the educational system. He highlighted the…
Renowned Human Rights Activist and Senior Advocate of Nigeria, Femi Falana, recently shared his perspective on the demand for state police in Nigeria, emphasizing a crucial misunderstanding of the constitutional structure of the current Nigerian police. During an interview with Seun Okinbaloye of Channels TV, Falana highlighted key constitutional provisions shaping the nature of law…
In a shocking turn of events, a crisis has erupted at the Texas-Mexico border as Border Patrol authorities accuse Texas Governor Greg Abbott of utilizing the National Guard to block their access to a critical 2.5 million stretch of the border. The revelation came to light through an official filing from President Biden’s Justice Department…
Ajaokuta Light Steel Mill’s Ambitious Financial Goal: OGM News- The Federal Government unveils a strategic plan to generate a staggering N35 billion for the Ajaokuta Light Steel Mill by accessing the local financial market. Minister of Steel Development, Mr. Shuaibu Audu, disclosed this ambitious initiative after a meeting with President Bola Tinubu in Abuja. The…
The Nigeria Railway sector has undergone a transformative revolution since the administration of President Muhammad Buhari. The Federal Government has been making significant strides to enhance the country’s transportation infrastructure. A notable development was unveiled on Wednesday when the Managing Director of the Nigerian Railway Corporation (NRC), Mr Fidet Okhiria, announced that the laying of…
