According to the 2023-2035 Medium Term Expenditure Framework & Fiscal Strategy Paper, the Federal Government projects that debt servicing will cost N10.43 trillion by 2025. This is an 182.66 percent increase over the N3.69tn budgeted for debt service in 2022. Multilateral agencies and economists have repeatedly warned the Federal Government about the rising cost of debt service, which could lead …
In Adamawa State, 1,615 card-carrying members of the All Progressives Congress (APC) have reportedly defected to the Peoples Democratic Party (PDP). Last Saturday, APC members from the state’s Toungo Local Government Area were admitted to the PDP. Speaking on behalf of the defectors, Mustapha Albashir, Alhaji Gana, and Mallam Yahaya Abubakar said there are more people ready to join the …
2023: Christians and Muslims hold special prayers for Tinubu and Sanwo-Olu Tinubu’s presidential ambition will be realised, according to the group, if he seeks God’s blessings. The political group ‘ROT Like Minds’ has organised special prayers for the success of APC presidential candidate Bola Ahmed Tinubu in the 2023 general election. The prayer session was held on Sunday in Lagos. …
Unidentified gunmen killed five people and kidnapped three others in Kogi State’s Ajaokuta Local Government Area. According to reports, two police officers, an Indian expatriate, a driver, and one other person were killed. According to sources, the incident occurred Friday night around 7:30 p.m. as the victims were returning from the West African Ceramics in Ajaokuta. “It’s another bad day …
On Friday night, unknown gunmen stormed the Agwa Divisional Police Headquarters in Imo State’s Oguta Local Government Area (LGA) and killed four officers. Two male officers were shot dead, while two female officers were burned to death. According to a source, one of the slain officers had only been with the force for two weeks. The attackers also set fire …
The World Bank has committed $8.5 billion to Nigeria to fund critical issues ranging from agriculture to education. The World Bank Country Director to Nigeria, Shubham Chaudhuri, revealed this on Thursday in Abuja during a summit organised by the Emergency Coordination Center, noting that the amount was the largest of any country. He noted that it was still insignificant in …
Since the announcement of the Governor of Plateau State, Simon Lalong, as the Director General of the Bola Ahmed Tinubu Presidential Campaign Organization, there has been electrifying enthusiasm for the ruling party, the All Progressives Congress (APC), across the country. This was revealed by the State Commissioner for Land and Survey, Mr Yakubu Dati, who stated that as soon as …
The Delta State chapter of the All Progressives Congress has backed Tinubu/presidential Shettima’s ticket, claiming that a Muslim-Muslim ticket will not deter state and South-South voters from voting for the party. Mr. Jones Erue, the party’s immediate past State Chairman, stated on Friday that the APC in the state strongly backed the ticket to a resounding electoral victory in 2023. …
High Chief Mukaila Bello, the traditional head of Iku quarters in Ikare Akoko, the headquarters of Akoko North-East Local Government Area in Ondo State, and three other indigenes of the town have been kidnapped by unidentified gunmen suspected of being kidnappers. The victims were kidnapped on Thursday night along the Ago Panu axis on the Owo-Ikare highway, according to reports. …
Orukpe Monday, an Inspector with the Lagos State Police Command, died as a result of torture allegedly inflicted by soldiers who attacked him and his colleagues in Lagos State’s Trade Fair area. Another Inspector, Igbafe Ojo, who was allegedly tortured by the same soldiers, is being treated at a military hospital in the Ojo Military Cantonment, where doctors are battling …
A meeting of the executive members of the Zamfara State chapter of the Peoples Democratic Party (PDP), held behind closed doors, has ended inconclusively due to heated arguments over the alleged anti-party activities of the party’s state secretary, Farouq Ahmad Rijiya. It was reported that the party’s leaders had invited journalists to brief them on the agreement reached by the …
During a gun battle with security operatives in Anambra State, ten gunmen were killed and seven others were arrested. It was combined team of the military, police, and other security agencies stormed the hoodlums’ hideout in the early hours of Friday, sparking a gun battle. A few security personnel were also injured in the process, according to reports. Security personnel …
On Friday afternoon, Spanal, a notorious thug in Osun, was killed in Oke-Ijetu, Ilesa-garage area of Osogbo. Spanal was a close ally of Kazeem Oyewale, the Chairman of the National Union of Road Transport Workers (NURTW) branch in Osogbo (Asiri Eniba). Spanal was killed along with his 7-year-old daughter Fatia. According to reports, Spanal was murdered a few hours after …
The first Costal Ocean Environment Summer School in Nigeria (COESSIN) has begun in the country, according to reports. At the summer school’s opening ceremony, the Vice-Chancellor of the University of Lagos (UNILAG), Professor Oluwatoyin Ogundipe, FAS, tasked stakeholders in the field of Marine and Ocean Studies with conducting additional research. Professor Ogundipe, who was represented by UNILAG’s Deputy Vice-Chancellor, Academics …
Dapo Abiodun, governor of Ogun State, assured pensioners in the state over the weekend that pension payments would always be prioritised within the available resources. “As a follow-up to the promise made in 2021 to pay at least N500 million quarterly out of the outstanding gratuities owed by the previous administration since 2011, we have been paying as and when …
Shola Henry, a cryptocurrency trader who was charged with seven counts by the Economic and Financial Crimes Commission (EFCC), has been found guilty. According to reports, the anti-graft agency filed an amended seven-count charge against the defendant for stealing and obtaining money from his clients under false pretences. Reading Henry’s charges before an Ikeja Special Offences Court on Wednesday, August …
Rivers State Governor Nyesom Wike has invited Lagos State Governor Babajide Sanwoolu to the inauguration of the recently completed Orochiri-Worukwo (Waterline Junction) flyover in Port Harcourt, the state capital. The invitation comes amid a schism within the Peoples Democratic Party (PDP) between Wike and Atiku Abubakar, the party’s presidential candidate for 2023. Both men had a falling out after Atiku …
On Thursday, the Akwa Ibom State High Court in Uyo sentenced Uduak Frank Akpan to death by hanging for the murder of Iniubong Umoren. According to reports, the court discharged and acquitted the killer’s father, Frank Akpan, and sister, Bassey Anwan. Umoren’s case drew a lot of attention from Nigerians, particularly on social media. Late Iniubong Umoren, a Philosophy graduate …
Adamu Abdullahi, Chairman of the ruling All Progressives Congress, APC, has stated that his party expects to receive more than 25% of votes from the South-East. Abdullahi made the remark while launching an eight-member Abia State Reconciliation Committee led by Senator Chris Adighije. He urged the zone’s leaders to put aside their differences and work for the party’s victory in …
As the 2023 election approaches, Abubakar Kawu Baraje, a Peoples Democratic Party (PDP) chieftain in Kwara State, has stated that he “will never” be a member of the ruling All Progressives Congress (APC). In an interview with Arise TV on Wednesday, Baraje, a former National Acting Chairman of the PDP, said the APC leaders’ claim that the party is progressive …
