The Federal Government marked a significant milestone on Tuesday as it officially commenced the construction of a state-of-the-art 50,000 metric tonnes Liquefied Petroleum Gas (LPG) and propane depot. The groundbreaking ceremony, held at the Oil and Gas Free Trade Zone in Onne, Rivers State, was attended by key figures, including the Minister of State for…
In a swift and retaliatory move, ISWAP elements launched an attack in the early hours of January 22, 2024, targeting the Boko Haram fighters encamped in Tumbun Rago. This action came in response to the assault orchestrated by the Boko Haram faction on January 21 in the ISWAP camp located in Tumbun Rago Jaki. The…
The Federation Account Allocation Committee (FAAC) declared a remarkable distribution of N1.13 trillion in earnings for December 2023. This marked a substantial increase of N500 billion compared to the previous month’s allocation, demonstrating a positive financial trend. The committee, led by Dr. Oluwatoyin Madein, the Accountant General of the Federation, disclosed the breakdown of this…
EFCC Set to Arraign Obiano Before Justice Ekwo In a significant development, the Economic and Financial Crimes Commission (EFCC) is poised to arraign the immediate-past governor of Anambra State, Chief Willie Obiano, on Wednesday, January 24. The charges against him revolve around alleged money laundering amounting to a staggering N4 billion. This move follows the…
In a significant move, the Federal Government, through the Bureau of Public Enterprises (BPE), has embarked on the sale of five power plants under the National Integrated Power Projects (NIPP), marking a crucial development in the country’s energy sector. The transaction, currently in progress, aims to generate approximately $1.15 billion in revenue, as revealed on…
Senator Ndume’s Warning to President Tinubu Senator Ali Ndume issued a stern warning to President Bola Tinubu regarding the proposed relocation of Central Bank of Nigeria (CBN) and Federal Airports Authority of Nigeria (FAAN) headquarters to Lagos. Ndume expressed concern over the influence of what he called the “Lagos Boys” cartel, cautioning that there could…
Allegations of Unfairness in the N28.7tn 2024 Budget 2024 Budget: In a significant development, the Northern Senators Forum, comprising 58 lawmakers, has raised serious concerns about the fairness of the projections and provisions in the N28.7tn 2024 budget. The lawmakers, representing various constituencies in the North, argue that the allocation and distribution of resources appear…
President Tinubu’s Strategic Move for Reconciliation President Bola Tinubu initiates a bold step towards reconciling political heavyweights, Rabiu Kwankwaso and Abdullahi Ganduje, key players in the NNPP and APC respectively. This strategic move aligns with Tinubu’s broader political agenda as he gears up for a potential second term in office in 2027. The president’s proactive…
In a significant operation conducted on Monday, January 22, 2024, the Uyo Zonal Command of the Economic and Financial Crimes Commission (EFCC) successfully apprehended 24 suspected internet fraudsters undergoing training in Uyo, Akwa Ibom State. The arrests were made at a storey building believed to be a notorious hub for grooming individuals in cybercriminal activities….
President Tinubu’s Doubt on Cabinet Reduction President Tinubu, in a candid statement, expressed skepticism about reducing his cabinet. He emphasized that there is no guarantee that a smaller cabinet would lead to improved governmental performance. The President’s stance raises questions about the effectiveness of downsizing in achieving administrative efficiency. Despite facing criticisms for the size…
