FG FUNDING 2024 CAPITAL BUDGET WITH 2025 REVENUE – DG BUDGET

FG FUNDING 2024 CAPITAL BUDGET WITH 2025 REVENUE – DG BUDGET The Director-General of the Budget Office of the Federation, Dr. Tanimu Yakubu, said the federal government is funding the capital component of the 2024 budget using revenue accrued under the 2025 budget. Yakubu stated this in Abuja on Wednesday during a stakeholders’ engagement on the implementation of the 2025 …

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US APPROVES POTENTIAL $346M WEAPON, BOMB SALE TO NIGERIA

US APPROVES POTENTIAL $346M WEAPONS, BOMBS SALE TO NIGERIA The US State Department has approved a potential sales of ammunition, precision bombs and precision rockets to Nigeria for an estimated cost of $346 million. In a statement on Wednesday, the Defence Security Cooperation Agency (DSCA) said Nigeria requested to buy 1,002 MK-82 general purpose 500 lb bombs; 1,002 MXU-650 Air …

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NOBODY CAN GIVE US CONDITION FOR OUR CONVENTION – PDP REPLIES WIKE

NOBODY CAN GIVE US CONDITION FOR OUR CONVENTION -:PDP REPLIES WIKE: Ahead of its national convention scheduled for November 15 and 16 in Ibadan, the Oyo State capital, the Peoples Democratic Party (PDP) on Wednesday told the for­mer governor of Rivers State and Minister of the Federal Capital Territory (FCT), Nyesom Wike, that nobody can give the party condition. Recall …

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TINUBU SOUNDS ALARM OVER LINGERING AJAOKUTA STEEL COMPANY CRISIS

TINUBU LAMENTS AJAOKUTA LINGERING CRISIS President Bola Tinubu has sounded the alarm that the lingering troubles of the Ajaokuta Steel Company had gone beyond an economic setback and had morphed into a dangerous sovereignty risk. Once touted as Nigeria’s industrial crown jewel, its decades-long paralysis now casts a shadow over the nation’s economic security and strategic independence, the President stated. …

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OLUSEGUN OBASANJO LIBRARY DEMANDS N3.5BN COMPENSATION OVER EFCC RAID, GIVES SEVEN-DAY ULTIMATUM

. OLUSEGUN OBASANJO LIBRARY DEMANDS 3.5BN COMPENSATION OVER EFCC RAID The Olusegun Obasanjo Presidential Library, OOPL, Abeokuta, Ogun State, has demanded compensation of N2.5 billion from the Economic and Financial Crimes Commission, EFCC, over the raid of its facility on August 10. According to the management, the compensation is to atone for the immense damage caused to the reputation, business, …

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PDP DIVIDED OVER MOVES TO BRING BACK JONATHAN, OBI

PDP DIVIDED OVER MOVES TO BRING BACK JONATHAN, OBI With roughly two years until the 2027 presidential election, members of the Peoples Democratic Party National Executive Committee are divided over moves by certain individuals to facilitate the return of former President Goodluck Jonathan and the 2023 Labour Party presidential candidate, Peter Obi, to the party. This comes as the party …

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FG BANS ESTABLISHMENT OF NEW FEDERAL UNIVERSITIES, POLYTECHNICS, OTHERS

FG BANS ESTABLISHMENT OF NEW FEDERAL UNIVERSITIES, POLYTECHNIC, OTHERZ The Federal Government has imposed a five-year ban on the creation of new federal tertiary institutions, including universities, polytechnics, and colleges of education. The decision, approved at Wednesday’s Federal Executive Council (FEC) meeting chaired by President Bola Tinubu, is aimed at curbing the proliferation of poorly resourced schools and reversing the …

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PETER OBI IS A WISE MAN – SAM AMADI

PETER OBI IS A WISE MAN, SAM AMADI Mr. Peter Obi is a wise man. Wisdom is known by its ‘children’, as the Bible says. Peter Obi is perhaps Nigeria’s highest donor in terms of frequency to health and education, two critical drivers of human capital development. By some count, he has donated close to a billion to education and …

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COURT DISCHARGES IBOM AIR PASSENGER, COMFORT EMMANSON

COURT DISCHARGES IBOM AIR PASSENGER, COMFORT EMMANSON An Ikeja Magistrate Court sitting in Ogba, Lagos State on Wednesday, discharged Comfort Emmanson, the passenger accused of unruly behaviour and assault aboard an Ibom Air flight. Magistrate Olanrewaju Salami discharged Emmason following the withdrawal of the five charges preferred against her by the police. Earlier, the Minister of Aviation and Aerospace Development, …

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TARABA GOVERNOR GOES SPIRITUAL OVER DEPUTY’S ILLNESS

TARABA GOVERNOR GOES SPIRITUAL OVER DEPUTY’S ILLNESS Governor Agbu Kefas of Taraba State has turned to faith in addressing the prolonged absence of his deputy, Alhaji Aminu Alkali, declaring in a statewide broadcast that “this is not a political matter but a human one” and urging residents to “lift him in prayers” for a quick recovery. Speaking publicly on the …

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ABURE LP FACTION TO DRAG INEC TO COURT IF EXCLUDED FROM AUGUST 16 BYE ELECTION

ABURE LP FACTION TO DRAG INEC TO COURT IF EXCLUDED FROM AUGUST16 BYE ELECTION The Labour Party (LP), under the leadership of Julius Abure, has warned the Independent National Electoral Commission (INEC) that any attempt to conduct the August 16, 2025, by-election without its candidates’ names and logo on the ballot papers will trigger a legal battle that could nullify …

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PDP AFTER PETER 0BI BECAUSE THEY WANT SOMEBODY TO REPAIR THEIR IMAGE – ADC

PDP AFTER PETER OBI BECAUSE THEY WANT SOMEBODY TO REPAIR THEIR IMAGE – ADC SPOKESMAN Bolaji Abdullahi, the Interim National Publicity Secretary of the African Democratic Congress, ADC, has sent a message to former Labour Party presidential candidate, Peter Obi. Abdullahi urged Obi not to return to Peoples Democratic Party, PDP because the party has no cure. Abdullahi said PDP …

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NIGERIANS HAVE NO REASON TO BE POOR – TINUBU

NIGERIANS HAVE NO REASON TO BE POOR – TINUBU President Bola Tinubu has said Nigerians have no reason to be poor, reiterating his administration’s commitment to promoting the growth of Micro, Small, and Medium Enterprises (MSMEs) in the country. Tinubu made the statement at the 8th Expanded National MSME Clinic in Calabar on Wednesday. Represented by Vice President Kashim Shettima, …

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AON LACKS POWER TO BAN PASSENGERS – AVIATION EXPERTS

AON LACKS POWER TO BAN PASSENGERS – AVIATION EXPERTS Aviation experts have questioned the decision of the Airline Operators of Nigeria to place a passenger, Ms Comfort Emmason, on a lifetime no-flight list, describing the move as unlawful and outside the association’s authority. Their reaction follows a statement issued by the Public Relations Officer of AON, Prof. Obiora Okonkwo, who …

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FG REDUCES KWAM 1’S FLIGHT BAN TO ONE MONTH

FG REDUCES KWAM 1’S FLIGHT BAN TO ONE MONTH The Federal Government has reduced the flight ban imposed on Fuji musician Wasiu Ayinde, popularly known as KWAM 1, to one month. KWAM 1 had been blacklisted from flying within Nigeria for six months over alleged misconduct at the domestic terminal of the Nnamdi Azikiwe International Airport, Abuja. In a statement …

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