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BUHARI NOT VISIONARY – EX-PRESIDENTIAL AIDE A former Presidential Special Adviser on Political Matters, Babafemi Ojudu, has disclosed why ex-President Muhammadu Buhari never backed former Vice President Yemi Osinbajo’s bid to be president. Ojudu disclosed that Buhari didn’t back Osinbajo’s presidential ambition because he was not a visionary. He, however, described Buhari as a patriot and an incorruptible leader. Ojudu …

WARRI REFINERY NOW WORKING, SAYS NNPCL After nearly a decade of dormancy, the Nigerian National Petroleum Company Limited (NNPCL) says Warri Refining and Petrochemical Company (WRPC) has commenced partial production, marking a significant step in Nigeria’s quest for functional local refineries. The refinery, inactive since 2015 due to prolonged repairs, reportedly began refining activities last Saturday at its Area 1 …

GUNMEN KILL FIVE SECURITY OPERATIVES, TWO OTHERS IN ANAMBRA Gunmen operating in Ihiala Local Government Area of Anambra State have killed seven people. The incident happened on Monday. Out of the seven persons killed, two were unarmed civilians who were in a compound planning a burial that was to take place on January 2, while the other were security operatives. …

HARVEST OF PAINGUL DEATHS IN 2024The year 2024 saw a harvest of very painful deaths of Nigerians. Some of those who passed to the great beyond were known names that include celebrities, politicians, corporate moguls and private citizens. Death is said to be a necessary end for all humans. Many of those we lost in 2024 may also have been …

TELECOM OPERATORS PUSH FOR REVISED TARIFF, WARN OF SERVICE DISRUPTIONS, DUE TO RISING OPERATIONAL COSTS Telecommunications operators in Nigeria have issued a warning about potential service disruptions unless tariffs are revised to reflect escalating operational costs. In a statement on Monday, Gbenga Adebayo, Chairman of the Association of Licensed Telecommunications Operators of Nigeria (ALTON), described the telecom sector as being …

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 …

COMPETITION BETWEEN DANGOTE, NNPC, REASON FOR PETROL PRICE DROP — IPMAN Independent Petroleum Marketers Association of Nigeria, IPMAN, has attributed the fierce competition between Nigeria’s two refineries owned by Dangote and NNPC Limited for the recent drop in the pump price of premium motor spirit, PMS, also known as petrol. Checks showed that most petrol retail outlets have reduced their …

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 …