STATE GOVERNORS MEET OVER EXCESS CRUDE ACCOUNT State governors under the aegis of the Nigeria Governors’ Forum (NGF) are currently meeting in Abuja to deliberate on pressing national issues. Top on the agenda include the reconciliation of the Excess Crude Account (ECA), petroleum profit taxes (PPT), and royalties. The meeting is the 11th physical session of the Forum this year. …

COURT REFUSES INJUNCTION TO STOP NUJ ELECTION The National Industrial Court, Abuja Division, has scheduled a ruling on December 13, 2024, regarding a legal challenge to the National Elections of the Nigeria Union of Journalists (NUJ). The NUJ plans to hold its 8th triennial delegates conference on November 27, 2024, in Owerri, Imo State. Abdulwaheed Adubi filed a suit in …

COURT ORDERS ENUGU GOVT TO PAY MAN N55M OVER ILLEGAL DEMOLITION OF SHOPS An Enugu State High Court has ordered the Enugu Capital Territory Development Authority to pay a man, Chinedu Onyebuchi, N55 million for illegally demolishing his shops in the state. Mr Onyebuchi, an architect, sued the development agency on 24 July 2015, about one year after the agency …

VAT GENERATED IN STATES ACROSS NIGERIA (AUGUST 2024) Lagos: N249.77bn Rivers: N70.54bn Oyo: N20.11bn FCT: N18.17bn Delta: N13.09bn Bayelsa: N7.12bn Kano: N4.65bn Akwa Ibom: N4.49bn Anambra: N4.28bn Edo: N4.05bn Ekiti: N3.66bn Borno: N3bn Kwara: N2.89bn Adamawa: N2.59bn Plateau: N2.58bn Benue: N2.56bn Gombe: N2.55bn Kogi: N2.43bn Kaduna: N2.03bn Ebonyi: N1.90bn Taraba: N1.88bn Sokoto: N1.84bn Osun: N1.81bn Ogun: N1.74bn Niger: N1.73bn Yobe: …

SENATE SACKS CCT CHAIRMAN, DANLADI UMAR The Nigerian Senate on Wednesday, sacked Danladi Usman as the Chairman of the Code of Conduct Tribunal (CCT).The sack of Danladi follows the closed-door session of the lawmakers in which 84 out of the existing 107 serving Senators, signed for his removal The Senate invoked section 157(1) of the 1999 constitution which stipulates that …

TINUBU SACKS UNIZIK GOVERNING COUNCIL, REMOVES VC President Bola Ahmed Tinubu has approved the dissolution of the Governing Council of the Nnamdi Azikiwe University in Awka, Anambra State, and the removal of Prof. Bernard Ifeanyi Odoh, the new Vice Chancellor, and Mrs. Rosemary Ifoema Nwokike, the registrar. The council, led by Ambassador Greg Ozumba Mbadiwe, includes five other members: Hafiz …

OUR NEW GENERATION OF CHILDREN We have a new generation of children that are not interested in toys and bicycles. They are not interested in playing in the mud or sand. They are not interested in using a catapult or sling to hunt the birds or lizards. They are not much into TVs despite its slimness and sleekness and getting …

EX-PRESIDENTIAL AIDE BERATES FG OVER CONTINUOUS KILLINGS IN SOUTH EAST Jackson Ude, the former Director of Strategy and Communications for President Goodluck Jonathan, has lampooned the federal government over the continuous killing of Igbos in the Southeastern part of the country. He described and irresponsible, despicable and dangerous, the lackluster attitude of the federal government towards the bloodsheds and denial …

UMAR DAMAGUM,PDP ACTING NATIONAL CHAIRMAN, PLANS TO REMAIN IN OFFICE TILL NEXT YEAR Ahead of the Peoples Democratic Party 99 National Executive Committee meeting slated for November 28, there are indications that Umar Damagum has perfected plans to remain as the acting National Chairman of the party till next year. It was learned that the Damagum-led National Working Committee is …

EIGHT NIGERIAN BANKS WITH HIGHEST CUSTOMER DEPOSITS IN 2024 Eight Nigerian banks experienced an increase in customer deposits, which rose to N85.58 trillion in the third quarter of 2024. The increase represents a 12.2% increase, which shows customers confidence in the banking sector Zenith Bank led the pack with the highest customer deposits in the review period, with N21.57 trillion. …

OTTI EXONERATES IPOB FROM GUNMEN ATTACKS, ACCUSES OPPOSITION POLITICIANS The Abia state governor Alex Otti has unveiled those behind the frequent gunmen attacks in the state. “The sole agenda is to cause disaffection and distract the government from its focus on the development of the state,” Otti said. Governor Alex Otti accuses opposition politicians, with external support, of sponsoring violence …

REPS WILL PASS TAX REFORM BILLS WITH MINOR MODIFICATIONS – DEPUTY SPOKESMAN Philip Agbese, deputy spokesman for the house of representatives, says the green chamber is determined to pass the tax reform bills proposed by President Bola Tinubu with minor amendments. Speaking to journalists on Monday in Abuja, Agbese said the lawmakers view the four executive bills as catalysts for …

NORTHERN, SOUTHERN LAWMAKERS PREPARE TO SQUARE EACH OTHER AGAINST TINUBU’S TAX REFORM BILLS After a two-week break, National Assembly members are set to resume duties in Abuja, and the tax bills by President Bola Tinubu appear to be their priority.The four tax reform bills are before the National Assembly.However, the discourse over them appears to be divided between the North …

NIGRRIA’S DEBT TO IDA HITS $17B – REPORT Nigeria has retained its position as the third-largest debtor to the World Bank’s International Development Association, with its exposure climbing to $17.1bn as of September 30, 2024. According to the World Bank’s latest financial statements for the fiscal year up to September 2024, Nigeria’s debt to the IDA rose by $600m in …

CONTROVERSY TRAILS TINUBU’S MEDIA TEAM The media team of President Bola Tinubu is back in the news for yet another controversy. The development comes as Daniel Bwala, a former spokesperson of Atiku Abubakar, Presidential Candidate of the Peoples Democratic Party (PDP) in the 2023 elections, joined the communication team of Tinubu. On Monday, Bwala announced that he had taken over …