The Economic and Financial Crimes Commission (EFCC) has reignited investigations into money laundering cases involving 13 former governors and ministers. The staggering amounts under scrutiny exceed N853.8bn, pointing to widespread financial improprieties. Among the prominent figures facing renewed scrutiny are two former Ekiti State governors, Kayode Fayemi and Ayo Fayose, as well as former Zamfara State governor, Bello Matawalle. Matawalle, currently serving as the Minister of Defence, is being probed for an alleged N70bn money laundering scheme. Meanwhile, Fayemi, who previously served as Minister of Solid Minerals Development, faces investigation for an alleged N4bn fraud. Fayose, the two-term governor of…
Author: Omolemi Eboisetale
In response to Nigeria’s long-standing internet connectivity challenges, SpaceX’s Starlink has officially introduced its high-speed satellite internet service in the country. The spotlight is on Starlink’s pricing, subscription details, and convenient acquisition methods, generating enthusiastic demand from users seeking reliable internet solutions. Starlink, known for its satellite internet constellation operating in over 70 countries, aims to address the persistent issues of slow and unreliable internet in Nigeria. The constellation, comprising more than 5,000 satellites in low Earth orbit, promises to provide a transformative solution, particularly in underserved and remote areas. Starlink Nigeria Price and Subscription Plans One of the key…
The Transmission Company of Nigeria (TCN) successfully completed scheduled preventive maintenance on the long-dormant Jos-Lafia 330kV transmission lines 1 and 2 on Saturday. The seven-hour maintenance exercise aimed to address the redundancy issues that had plagued the transmission lines for an extended period. TCN’s Public Affairs General Manager, Ndidi Mbah, affirmed that the Jos Electricity Distribution Company’s customers in Bauchi would not experience any disruption during the maintenance period. The proactive communication with Jos DisCo ensured that there would be no load loss for consumers. “Since the Jos-Lafia transmission lines have been redundant for a while, Jos DisCo has been…
Dr. Bosun Tijani, the Minister of Communications, Innovation, and Digital Economy, revealed his plans on X, to address the pressing issue of internet quality and access in Nigeria. With a focus on fostering partnerships, the minister is set to discuss two key initiatives during his upcoming participation at the World Economic Forum (WeF). Under the banner of “Broadband Access For All,” Dr. Tijani aims to bridge the internet quality and access gap in Nigeria, particularly in rural and underserved areas. A whitepaper outlining the first step of this ambitious plan has been shared by the minister on his page. The…
In an effort to enhance Nigeria’s security architecture, President Bola Ahmed Tinubu revealed ambitious plans to establish specialized police units focusing on marine, solid mineral, and forest security. The announcement came during a crucial meeting in Abuja with governors of the All Progressives Congress (APC) on Friday. President Tinubu highlighted the need for three new police formations to complement the existing police force, with a particular emphasis on reinforcing forest security. The proposed forest guards would undergo improved training and be equipped with modern technological gadgets and weapons to elevate security measures across the nation. Moreover, President Tinubu expressed concern…
The Federal Government has revoked the Power of Attorney (PoA) for its 40% stake in electricity distribution companies (DisCos) from the Bureau of Public Enterprises (BPE) and handed it over to the Ministry of Finance (MOFI). Reports revealed that Wale Edun, the Minister of Finance and Coordinating Minister of the Economy, issued an Order on January 10, instructing MOFI’s board of directors to assume ownership, control, and management of all equity holdings in Nigeria’s 11 DisCos. The directive from Minister Edun emphasizes the need for MOFI to take immediate action, stating, “Assume ownership, control, and management of all equity holdings…
The Federal Government is set to evacuate refugees from Cameroon, Chad, and Niger Republic to resettlement communities in Borno State. The announcement was made by Aliyu Tijjani Ahmed, the Federal Commissioner of the National Commission for Refugees, Migrants, and Internally Displaced Persons, during a visit to a satellite city for Boko Haram refugees in Marua, Mafa Local Government Area. The Federal Government, which has developed sustainable satellite cities across the nation for displaced persons, emphasized the need for a tripartite meeting with the governments of Borno State and UNCHR to facilitate the evacuation process. “We discussed the evacuation of our…
Dangote Refinery, with a $20 billion investment, is set to release refined products, particularly diesel and aviation fuel, into the market this January. The announcement follows the successful delivery of six million barrels of crude oil to the 650,000 barrels-per-day plant in recent weeks. President of Dangote Group, Alhaji Aliko Dangote, expressed gratitude to President Bola Tinubu, emphasizing his crucial support in overcoming obstacles and expediting the project. Dangote also acknowledged the NNPC, NUPRC, NMDPRA, and Nigerians for their unwavering support. In a significant milestone for Nigeria, Dangote Refinery marks a game-changer, set to meet domestic demands and contribute to…
The Dangote Refinery, the world’s largest single-train refinery located in Nigeria’s commercial hub, has initiated production. This significant milestone comes after the delivery of six million barrels of crude supply to the refinery in the early hours of Friday. Originally scheduled to begin operations in June 2023, the refinery, spearheaded by Aliko Dangote, received its first crude deliveries late last year, overcoming delays in the megaproject’s startup. Boasting a capacity of 650,000 barrels per day, the Dangote refinery holds the promise of transforming Nigeria’s economy by reducing its dependence on fuel imports. The initial phase will focus on producing diesel…
The World Health Organization (WHO), on Friday, announced Cape Verde as the third African country to eliminate malaria. Cape Verde’s journey to malaria elimination began in 2007 when it became a national objective. A strategic malaria plan from 2009 to 2013 prioritized expanded diagnosis, early and effective treatment, and meticulous reporting and investigation of all cases. Despite facing challenges, including lapses in eradication campaigns, Cape Verde’s commitment remained steadfast, even during the Covid-19 pandemic. In 2022 alone, malaria wreaked havoc, causing the death of 608,000 people globally and infecting 250 million individuals. The WHO emphasizes that Africa bears the brunt…
The Confederation of African Football (CAF) has selected Augustine ‘Jay Jay’ Okocha as one of its Ambassadors in the newly launched CAF Ambassadors Programme. Okocha, known for his exceptional skills and contributions to the sport, stands alongside other football luminaries such as El Hadji Diouf from Senegal, Ghana’s Asamoah Gyan, and former Egypt midfielder Ahmed Hassan. The selection criteria for these Ambassadors considered their outstanding achievements in sports and careers, significant social impact, and commercial value. The responsibilities of these Ambassadors extend far beyond the football pitch. They are expected to actively participate in tournaments, lead charity initiatives, contribute to…
In a meeting at the State House in Abuja on Friday, President Bola Tinubu called upon All Progressives Congress (APC) governors to focus on policies that prioritize the well-being of all Nigerians and transcend political affiliations. Tinubu emphasized the importance of inclusivity, ownership, and sustainability in development policies, stressing that these elements are crucial for their relevance in people’s lives. He urged the governors to work towards healing and unifying the country through a collective national vision, emphasizing that Nigeria, with its abundant human, natural, and material resources, should not face infrastructural decay or a lack of quality education and…