The Nigerian Bar Association (NBA) has called upon President Bola Tinubu to declare a state of emergency to address the crisis engulfing various parts of the country. Yakubu Maikyau, SAN, the president of the NBA, revealed this to journalists during a press conference held in Abuja on Wednesday, highlighting the urgent need for decisive action in combating the rampant insecurity plaguing the country. Maikyau stressed the necessity for substantial investments in security infrastructure, aligning with global standards while safeguarding Nigeria’s sovereignty. He emphasized that the current state of insecurity has led to widespread displacement of citizens and devastating impacts on…
Author: Omolemi Eboisetale
Allegations have surfaced regarding the theft of $6.2 million from the central bank of Nigeria, purportedly executed through the forgery of former President Muhammadu Buhari’s signature. The government is now seeking Interpol’s assistance in apprehending three suspects linked to the theft, believed to have conspired with former central bank chief Godwin Emefiele. Emefiele, already facing trial on multiple charges, including the illegal receipt of the embezzled funds, staunchly denies any involvement. Amidst a backdrop of mounting accusations, he has described the allegations as “barefaced lies” and has called for a thorough investigation to uncover the truth. The alleged perpetrators, Adamu…
President Bola Tinubu has pledged to tackle the issue of school fees hikes in public learning institutions nationwide. The assurance came during a meeting with the leadership of the National Association of Nigerian Students (NANS) at the Aso Rock Villa, Abuja. NANS President, Lucky Emonefe, disclosed details of the closed-door discussions, expressing Tinubu’s commitment to resolving critical issues in education. Emonefe stated that the President assured them of addressing challenges faced by students in higher institutions and putting an end to the increasing trend of school fees. Furthermore, amidst anticipation over the long-awaited student loan scheme, President Tinubu announced its…
Records of funds recovered by the Economic and Financial Crimes Commission (EFCC), between 2016 and 2019 are missing from the Central Bank of Nigeria (CBN), as mandated. The Office of the Auditor General for the Federation (OAuGF) stated this in its 2020 Audited report on government finances. The 2020 Audited Report of government finances, submitted to the National Assembly, exposes a significant void in CBN’s records of the said recovered funds. According to the report, which was dated November 30, 2023, the CBN’s records show no trace of inflows of recovered funds into the federation accounts between 2016 and 2019.…
The European Union (EU), is contemplating easing merger regulations for telecom companies while seeking contributions from Big Tech firms. A document from the European Commission, set to be presented by Vice-President Margrethe Vestager on February 21, outlines potential measures to stimulate investment in next-generation networks. The document highlights the current market scenario, citing approximately 50 mobile operators and over 100 fixed operators across the EU. It warns that the fragmented nature of the market, divided along national borders, could hinder operators’ ability to make the necessary investments in future networks, particularly for cross-border services. Consequently, the EU is exploring the…
The Labour Party (LP), has announced the suspension of its National Treasurer, Oluchi Opara, for a period of six months. The decision, made by the National Working Committee (NWC), was revealed during a press conference held at the party’s headquarters in Abuja. Opara’s suspension is as a result of her recent confrontation with LP National Chairman, Julius Abure, regarding the alleged mismanagement of funds amounting to N3.5 billion. This confrontation occurred during a press conference where Opara demanded accountability for the funds raised from the sale of nomination forms and other fundraising activities leading up to the 2023 general election.…
Students of the Federal University of Technology, Akure (FUTA), have expressed outrage over a midnight raid conducted by operatives of the Economic and Financial Crimes Commission (EFCC). The Student Union Government of FUTA, led by President Olayemi Oluwasoromidayo and General Secretary Sodiq Bashir, issued a statement denouncing the EFCC’s actions. According to the statement, the raid occurred in the South Gate community, where operatives forcibly entered more than three school lodges around 3 am on February 14th. The incident has sparked memories of a similar intrusion at Obafemi Awolowo University in Ile-Ife, Osun State, where EFCC operatives previously conducted a…
On Thursday, President Bola Tinubu will leave Abuja to Addis Ababa, Ethiopia, to participate in the 37th Ordinary Session of the Assembly of the African Union Heads of State and Government. Ajuri Ngelale, President Tinubu’s Special Advisor on Media and Publicity, said that the summit’s agenda includes discussions on institutional reforms within the African Union as well as strategies for fostering peace and security across the continent. Tinubu is anticipated to engage in deliberations concerning specific thematic areas such as climate change and the African Union’s role in the G20. The summit’s theme, “Educate an African fit for the 21st…
Official data revealed that British inflation held steady at 4.0% in January, defying expectations of a rise. This unexpected stability comes as a relief for both the Bank of England (BoE), and Prime Minister Rishi Sunak, who have been faced with concerns about the economy amidst the expected national election. Economists had projected an increase in the annual inflation rate to 4.2%. However, consumer price inflation remained unchanged, offering a glimmer of hope for policymakers. The unexpected resilience in inflation is anticipated to create room for the BoE to consider reducing borrowing costs from their 16-year high. Following the release…
Senator Ned Nwoko has urged the National Assembly to consider legislation granting civilians the right to own firearms for self-defence. Representing Delta North Senatorial District and serving on the Senate Committee on Defence, Senator Nwoko emphasized the necessity of comprehensive regulations to ensure responsible ownership. The proposed bill, currently awaiting its first reading in the Senate, aims to address the pervasive threats and violence plaguing communities across the nation. Senator Nwoko underscored the importance of stringent conditions, including rigorous training, to ensure that firearms are in the hands of responsible individuals capable of handling them safely. Acknowledging the national discourse…
To tackle the ongoing issue of farmers-herders conflicts, the Federal Government has announced the commencement of the Pulaku Initiative, a comprehensive resettlement program. The initiative, launched on Tuesday and led by Vice President, Kashim Shettima , intends to address the root causes of these conflicts while enhancing the standard of living for all Nigerians as promised by President Bola Ahmed Tinubu. Chaired by the Minister of Housing and Urban Development, Arc. Ahmed Musa Dangiwa, the committee comprises representatives from the Governors of states benefiting from the initiative. The Pulaku Initiative is poised to make a significant impact by providing sustainable…
General Abdourahamane Tchiani, the leader of the military coup in Niger Republic, has declared that the country will not release President Bazoum and adamantly rejects the prospect of rejoining the Economic Community of West African States (ECOWAS). Tchiani’s statement comes amidst escalating tensions following the decision of Niger Republic, alongside Mali and Burkina Faso, to withdraw from ECOWAS, citing grievances over the bloc’s policies and actions. The trio announced their withdrawal in a joint communiqué on January 28, 2024, sparking concerns about the stability and cooperation within the West African region. Speaking to RTN news, General Tchiani reiterated the sovereign…