NIGERIA GETS WORLD BANK $1.5BN LOAN FOR SUBSIDY REMOVAL, TAX BILLS

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 …

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DIRECT PAYMENT ALLOCATION TO LOCAL GOVT COUNCILS BEGINS NEXT MONTH

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 …

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DHQ DISOWNS CADETS HOLDING MILITARY PARADE FOR TINUBU’S SON

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 …

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WHY WE PRESENTED SEYI TINUBU WITH GUARD OF HONOUR

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 …

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WHY TINUBU GOVT FAILED TO DELIVER ON 6,000 MW ELECTRICITY PROMISE – MINISTER

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 …

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INVESTIGATE ALLEGED MILITARY PARADE INVOLVING SEYI TINUBU – ATIKU

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 …

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BIANCO OJUKWU BAGS CHIEFTAINCY TITLE FROM LONGEST SERVING MONARCH

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 …

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EL RUFAI QUERIES FUNDING OF LAGOS RAIL PROJECT WITH FG’S 2025 BUDGET

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 …

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A GENERAL OVERSEER WHOSE WIFE, TWO DAUGHTERS ARE IN RIVERS GOVT, WIKE MOCKS ODILI, ACCUSES HIM FOR NOT PLAYING FATHERLY ROLE

A GENERAL OVERSEER WHOSE WIFE, TWO DAUGHTERS ARE IN RIVERS GOVT — WIKE MOCKS ODILI, ACCUSES HIM OF NOT PLAYING FATHERLY ROLE The Minister of the Federal Capital Territory, FCT, Nyesom Wike, has described the former governor of Rivers State, Peter Odili, as a ‘General Overseer’ who has turned the state into his personal estate. Wike said Odili made sure …

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177 KILLED IN SOUTH KOREAN PLANE CRASH AS POPE FRANCIS MOURNS

177 KILLED IN SOUTH KOREAN PLANE CRASH AS POPE FRANCIS MOURNS A Jeju Air passenger plane with 181 persons aboard burst into flames on the ground early Sunday morning in South Korea. According to BBC, the Transport Ministry has identified the plane as a 15-year-old Boeing 737-800 jet returning from Bangkok in Thailand, with two Thai nationals on board. About …

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FORMER US PRESIDENT, JIMMY CARTER, DIES AT 100 YEARS

FORMER US PRESIDENT, JIMMY CARTER, DIES AT 100 YEARS Jimmy Carter, a former president of the United States of America, USA, has died at 100 years. The 39th president of the US and a Nobel Peace Prize recipient passed away in Plains, Georgia on Sunday. His death was announced in a terse statement from the Carter Center. Carter had been …

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ISRAELI PRIME MINISTER, BENJAMIN NETANYAHU, DIAGNOSED WITH PROSTATE CANCER – REUTERS

, ISRAELI PRIME MINISTER, BENJAMIN NETANYAHU DIAGNOSED WITH PROSTATE CANCER – REUTERS Israeli Prime Minister Benjamin Netanyahu will undergo prostate removal surgery on Sunday after he was diagnosed with a urinary tract infection, his office said. The 75-year-old leader underwent a test at Hadassah Hospital on Wednesday, where he was “diagnosed with a urinary tract infection resulting from a benign …

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I’M READY FOR WAR – DELE FAROTIMI DARES AFE BABALOLA

‘I’M READY FOR WAR – DELE FAROTIMI DARES AFE BABALOLA Embattled human rights activist, Dele Farotimi, on Sunday said he is ready to face his ongoing trial. Farotimi said his battle axes have been sharpened, and his guns primed, ready for war. “I am strong enough to rumble unruffled against principalities and powers, but I am human enough to retain …

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FROM MULTIPLE EXPLOSIONS TO TRAGIC STAMPEDES: 20 MOST DOMINANT EVENTS OF 2024

FROM MULTIPLE EXPLOSIONS TO TRAGIC STAMPEDES: 20 MOST DOMINANT EVENTS OF 2024 As the year winds down, IMOLEAYO OYEDEYI captures some of the most dominant events that shaped political discourse and challenged the effectiveness of government policies for the masses Ibadan Explosion A series of explosions in Ibadan, the capital of Oyo State, shattered the early excitement of 2024, raising …

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LIST OF POLITICAL BIGWIGS WHO DECAMPED FROM OPPOSITION PARTIES TO APC IN 2024

LIST OF POLITICAL BIGWIGS WHO DECAMPED FROM OPPOSITION PARTIES TO APC IN 2024 List Of Political Bigwigs Who Decamped From Opposition Parties To APC In 2024 The Nigerian political space in the year 2024 witnessed a series of dramas with the initiation of merger discussions among opposition parties in anticipation of the 2027 general elections.The year also witnessed the defection …

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