The Central Bank of Nigeria (CBN) is embroiled in controversy as a former employee, Mr. Monday Osazuwa, disclosed shocking details of his involvement in collecting substantial sums of cash on behalf of the former CBN governor, Godwin Emefiele. Testifying before the Ikeja Special Offences Court, Osazuwa revealed how he was directed by Godwin Emefiele to…
In a landmark verdict that has captured nationwide attention, cross-dresser Idris Okuneye, famously known as Bobrisky, has been sentenced to six months in prison without the option of a fine by Justice Abimbola Awogboro of the Federal High Court in Lagos. The judgement, delivered this morning, April 12, marks the culmination of a legal battle…
In a recent display of leadership, Lagos State Governor Sanwo-Olu undertook a visit to the site of the Dosumu Market fire, symbolizing a proactive approach to disaster management. This move not only underscores his personal commitment but also signals the government’s dedication to swift action in times of crisis. By promptly assessing the damage caused…
In a recent announcement by Minister of Power, Mr. Adebayo Adelabu, the Federal Government has reached a significant milestone in the implementation of the Presidential Power Initiative (PPI), commonly known as the Siemens power project. The minister revealed that five out of the planned 10 power transformers have been successfully installed and commissioned, marking the…
In a recent announcement, the Minister of Works, David Umahi, unveiled the Federal Government’s plan to construct the Lagos-Calabar coastal highway at a cost of N4 billion per kilometer. This statement comes amidst debates over the project’s estimated cost, with former Vice President Atiku Abubakar claiming it would amount to N8 billion per kilometer. Minister…
Alhaji Aliko Dangote, the Chairman of Dangote Group, outlined a promising prospect for Nigeria’s economy through reduced fuel prices. Dangote highlighted the imminent impact of the fully operational Dangote Petroleum Refinery, particularly in curbing the nation’s persistent inflation woes. He emphasized that the refinery’s provision of diesel at significantly lower prices would contribute to mitigating…
The Federal Government of Nigeria is set to enact a groundbreaking economic measure designed to invigorate revenue streams beyond the oil sector. In a strategic move to mitigate the nation’s reliance on oil, subject to volatile global prices, this initiative marks a pivotal shift towards economic diversification. Wale Edun, serving as both the Minister of…
In a notable moment during Eid-al-Fitr prayers in Lagos, President Bola Ahmed Tinubu delivered a compelling address, emphasizing the importance of unwavering faith in his administration and fostering a strong sense of patriotism among Nigerians. His direct engagement with citizens during religious celebrations underscores his dedication to transparent leadership and strengthens the connection between the…
The All Progressives Congress (APC) has demonstrated its dedication to transparent and equitable electoral processes by rescheduling the Ondo State gubernatorial aspirants’ screening. The decision, prompted by the Federal Government’s declaration of a recent public holiday, underscores the party’s commitment to upholding democratic principles. By prioritizing fairness and inclusivity, the APC aims to provide a…
In a recent development concerning the Lagos-Calabar Coastal Road project, the Minister of Works, Dave Umahi, has vehemently refuted claims made by former Vice President Alhaji Atiku Abubakar regarding the project’s scope and economic significance. Dave Umahi, while visiting the ongoing rehabilitation of the Enugu-Port Harcourt dual carriageway, criticized Atiku’s analysis as a distortion of…
