News

NNPC BREAKS SILENCE ON MELEE KARI’S EXIT The Nigerian National Petroleum Company has said that President Bola Ahmed Tinubu has the final say on the purported exit of its Group Chief Executive Officer, Mele Kyari, in January 2025. However, NNPC described Kyari exit claims in January 2025 as false. This comes as some industrial stakeholders believe that Kyari, who would …

KWANKWASO SPEAKS ON POWER SHARING FORMULA WITH ATIKU, PETER OBI Rabiu Kwankwaso, a former governor of Kano State has reacted to reports of possible agreement reached with presidential candidates of the Peoples Democratic Party and the Labour Party, Atiku Abubakar and Peter Obi. Speaking in an interview with BBC, the leader of the New Nigerian Peoples Party (NNPP) said he …

NIGERIA GETS WORLD BANK $1.5BN LOAN FOR SUBSIDY REMOVAL, TAX BILLS The World Bank has fully disbursed a $1.5bn loan to Nigeria following the Federal Government’s implementation of key reforms, including removing fuel subsidies and introducing comprehensive tax policies. The loan, part of the Reforms for Economic Stabilisation to Enable Transformation Development Policy Financing initiative, is among the fastest disbursements …

DIRECT PAYMENT OF ALLOCATION TO LOCAL GOVTS COUNCILS BEGINS NEXT MONTH Barring any last-minute change of plan, councils will begin to get direct allocation from the Federation Account next month. It will begin with the disbursement of this month’s allocation to the tiers of government, a source told our correspondent at the weekend. The direct receipt from the Federation Account …

DHQ DISOWNS CADETS HOLDING MILITARY PARADE FOR TINUBU’S SON The military on Sunday denied knowledge of a recent guards parade held by military personnel for Seyi Tinubu, son of President Bola Tinubu. In an interview, the Director, Defence Information, Brig. Gen. Tukur Gusau, said the personnel captured in a viral video are unknown to the military. In the video, Seyi …

WHY WE PREVENTED SEYI TINUBU WITH GUARD OF HONOUR The CADET Network (Community Auxiliary Development for Effective Transformation Network) has clarifies reports about a viral video where the organization presented a guard of Honour to welcome President Bola Tinubu’s son, Seyi Tinubu to a youth empowerment programme in Ogun State. They stated that the guard of Honour was used to …

WHY TINUBU GOVT FAILED TO DELIVER ON 6,000 MW ELECTRICITY PROMISE – MINISTER The Miniter of Power, Adebayo Adelabu, has blamed the activities of vandals for the inability of the administration of President Bola Tinubu to actualize its promise to generate 6,000 megawatts of electricity by December 2024. He, however, added that despite the inability to fulfill the promise, the …

INVESTIGATE ALLEGED MILITARY PARADE INVOLVING SEYI TINUBU – ATIKU On Sunday, Atiku Abubakar, a former Peoples Democratic Party, PDP, presidential candidate, condemned the recent military parade involving Seyi Tinubu, President Bola Tinubu’s son. Atiku demanded a thorough investigation into the incident which he described as a gross violation of military tradition. In a statement signed by his Media Aide, Paul …

BIANCA OJUKWU BAGS CHIEFTAINCY TITLE FROM LONGEST SERVING MONARCH Bianca Ojukwu, wife of late Biafra Head of State, Chukwuemeka Odumegwu-Ojukwu was yesterday conferred with the premier traditional title “ Aka Ekpuchi Onwa” , her 10th traditional title in the South East Region, by His Royal Highness, Igwe Kenneth Orizu 111 of Nnewi Ancient Kingdom. Igwe Nnewi, who is currently the …

EL RUFAI QUERIES FUNDING OF LAGOS RAIL PROJECT WITH FG’S 2025 BUDGET Former Kaduna Governor, Nasir El RUFAI, has raised serious issue in the 2025 federal government budget about counterpart funding of Lagos metro line project.with N146.14 billion. In a statement, El RUFAI said: “There are other curious items I have seen in the proposed budget. One glaring example is …