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FG TO SPEND $600M YEARLY ON ELECTRICITY SUBSIDY The Federal Government has announced plans to introduce an annual electricity subsidy of $600m for all customers from 2025 as part of efforts to reform the power sector. [i]The subsidy, expected to last until 2027, aims to bridge the gap between cost-reflective tariffs and regulated electricity rates, while the government works towards …

COCOA, FERTILISER LEAD NIGERIA’S NON -OIL EXPORTS WITH $5.46BN SHIPMENT The Nigerian Export Promotion Council (NEPC) has announced a significant increase in the country’s non-oil export earnings for 2024, reaching a total of $5.456 billion, representing a 20.77% rise from the $4.517 billion recorded in 2023. The growth has been attributed to increased production, improved global demand for Nigerian exports, …

NIGERIANS LAMENT CORRUPTION BUT DEFEND CORRUPT LEADERS – EFCC CHAIR Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has expressed concern over Nigerians’ contradictory stance on corruption. Speaking in Abuja on Friday during a visit by officials of the Centre for Crisis Communication (CCC), led by Chris Olukolade, the director of its board of trustees, Olukoyede noted …

WIKE’S LOYALISTS REJECT PDP GOVERNORS CHOICE OF UDE-OKOYE AS NATIONAL SECRETARY Some loyalists of the Minister of the Federal Capital Territory, Nyesom Wike, have hit back at state governors elected on the platform of the Peoples Democratic Party for affirming a former National Youth Leader, Sunday Ude-Okoye, as the National Secretary of the party. They stressed that a factional party …

ENUGU/ONITSHA EXPRESSWAY: WORKS MINISTER WANTS MTN TO COMMIT N15BN MONTHLY Piqued by the tanker explosion which claimed many lives at the Ugwu Onyeama axis of Enugu/Onitsha Expressway, the Federal Ministry of Works is to demand that MTN commits irrevocably to pay contractors on the project a minimum of N15 billion every month for the next 10 months towards fast tracking …

AS FOES AND FRIENDS UNITE AGAINST TINUBU Although 2025 has only just begun, the Machiavellian maneuvers and the increasingly tensile, high-decibel political shrieks being emitted by politicians about the 2027 election might lead one to believe that the election will take place next year. Of all the political realignments that are forming preparatory to the 2027 election, it’s the unity …

WHY I FELL OUT WITH WIKE AFTER JOINING HIM TO FIGHT ATIKU – BODE GEORGE A chieftain of the Peoples Democratic Party, PDP, and member of the party’s Board of Trustees, Bode George, has explained why he fell out with Nyesom Wike, whom he supported to spite Atiku Abubakar during the build-up to the 2023 presidential election. George, who spoke …

MANY FEARED DEAD AS ANAMBRA ANTI-TOUT SQUAD VEHICLE COLLIDES WITH TIPPER At least six operatives of the Special Anti-Touting Squad of Anambra State (SASA), popularly known as Ndi Aka Odo, were killed on Friday after their vehicle collided with a tipper truck fully loaded with sand in Oba, Idemili South Local Government Area of Anambra State. The accident occurred along …

COURT SENTENCES POLICE COMMISSIONER TO PRISON A high court in Yenagoa, Bayelsa State, has sentenced the State Commissioner of Police to prison for failing to comply with a court order. The order originated from a prior ruling delivered on November 26, 2016, in suit number YHC/210/2014, which upheld a Court of Appeal decision related to appeal suit number CA/PH/170/2018. Mr. …

DONALD TRUMP IMPEACHMENT PETITION GETS 100,000 SIGNATURES A petition calling for the impeachment of U.S. President Donald Trump has gathered 100,000 signatures, reflecting growing discontent among certain groups of Americans. The petition, launched on a public advocacy platform, cites alleged abuses of power, obstruction of justice, and violations of constitutional principles as reasons for his removal. Trump dismissed the petition …