Ahmed Abubakar Audi, the Commandant General of the Nigeria Security and Civil Defence Corp, has sacked the Rivers State Commandant of the NSCDC, Michael Ogar. Michael was also directed by the Commandant General to hand-over the affairs of the Command to his Deputy, pending the deployment of a substantive State Commandant. This followed a constituted high-powered investigation panel led by, Olusola Odumosu, into the circumstances that led to the blockage of the entrance of the Rivers State Command of the agency, by members of Petroleum Tanker Drivers, under the Nigeria Union of Petroleum and Natural Gas Workers on Wednesday. Audi…
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Baba Owu or Baba Igbo as fondly referred to during and after the 2023 presidential election, former President of Nigeria, Olusegun Obasanjo, has opened-up on is failed third term bid as president. He however maintain that some state governors were involved in his failed third-term ambition. In 2006, a bill to amend the 1999 Constitution and extend term limits by another four years failed to sail through the National Assembly. Ever since the fiasco, Obasanjo has consistently denied that he tried to extend his stay in office beyond 2007, saying some governors were behind it all. While granting interview with…
Asari Dokubo, a former leader of the defunct Niger Delta Peoples Volunteer Force has pointed accusation finger at the military high command of being behind oil bunkering in the Niger Delta region. The former leader of the Niger Delta People asserts after a closed door meeting with President Bola Ahmed Tinubu on Friday at the Presidential Villa, Abuja, said ordinary citizens cannot garner the resources and technology to engage in oil bunkering, especially connecting pipes directly to oil heads to tap crude. Asari who denied having a private security force, said he has been instrumental in the quelling of crisis…
Abuja, Nigeria – June 16, 2023 – Today, another important milestone was achieved at the headquarters of the Economic Community of West African States (ECOWAS), as four significant Memoranda of Understanding related to the Nigeria Morocco Gas Pipeline Project were signed. Additionally, the project’s Steering Committee convened to discuss the progress of the Project and its strategic direction. Four Memoranda of Understanding were signed on Friday, June 16, in Abuja as part of the Nigeria-Morocco Gas Pipeline Project. These tripartite MOUs were respectively and successively signed between the Nigerian National Petroleum Company Limited (NNPC), and the Office National des Hydrocarbures…
Nigeria Immigration Service (NIS), headed by Caroline Adepoju in acting capacity has declared state of emergency on issues boiling arround Passport in the country. The New Comptroller general made this known during her working visit to Lagos state that; there was an urgent need to address the challenges faced by Nigerians in obtaining international passports. A statement by the Service Public Relations Officer (SPRO), Mr. Tony Akuneme, said that the acting CGI inaugurated a state-of-the-art Visa-on-Arrival Lounge at the Murtala Muhammed International Airport. The NIS boss used the event to announce a comprehensive plan of action to tackle the issues…
As all hands are on deck to salvage the economy of Nigeria, President Bola Ahmed Tinubus’ Policy Advisory Council has recommended declaration of a state of emergency on revenue generation in the country. In bid to ensure all loopholes are tracked and controlled, the council proposed the merger of the Federal Inland Revenue Service, Nigerian Customs Service & the Nigerian Maritime Administration and Safety Agency into the Nigerian Revenue Service in order to enable an efficient collection of all direct and indirect taxes, as well as levies on behalf of the Federal Government. According to submissions made by the National…
Victor Osimhen’s value has increased by another €20m, and now sits at €120m. This is a never seen before in the Serie A, making the Napoli forward the most valuable in the leagues’ history. Osimhen breaks Paulo Dybalas’ record to clinch the most valuable player in the Italian top flight’s history. The 24-year-old is also in the top five among the most valuable players in the world. The striker had a remarkable campaign with Napoli, helping the Partenopei win the Scudetto for the first time in 33 years. Osimhen scored 26 goals to emerge top scorer in Serie A, the…
Central Bank of Nigeria continues its’ efforts to rescue the naira against the grip of the dollar, as Thursday saw the Naira exchanges at N702.19 to the dollar at the Investors and Exporters window. Report by NAN posited the local currency depreciated by 5.75 per cent compared to N664.04, which it exchanged for the dollar on Wednesday. The open indicative rate stood at N658.50 to the dollar on Thursday. An exchange rate of N791 to the dollar was the highest rate recorded within the day’s trading before it settled at N702.19. The Naira sold for as low as 461 to…
National Bureau of Statistics (NBS), released Nigeria’s inflation for May, and it rose to 22.41 per cent, the figure holds. NBS released the Consumer Price Index Report on Thursday. The NBS report showed that in May 2023, the headline inflation rate increased to 22.41 per cent relative to April 2023’s headline inflation rate, which was 22.22 per cent. The figure represented an increase of 0.19 per cent points when compared to the April 2023 headline inflation rate. On a year-on-year basis, the NBS data indicated that the headline inflation rate was 4.70 per cent higher compared to the rate recorded…
The wake of Thursday saw President Bola Ahmed Tinubu on inaugurated the National Economic Council at the Council Chamber of the State House, Abuja. The exercise was prompt following the Presidents’ order last week for the council members to nail down intervention plans to mitigate the effects of the petroleum subsidy. Mr. President inaugurated the NEC members at 11:25 am, and task them with the responsibility of growing the nation’s economy, while stressing the enormousity of the challenges ahead. “Therefore, there will be no excuse for failure or complain as all the elected officials, asked, campaigned and danced for the…
Doing what is right in any society will always spur the desired outcome. This saying has proven sancrosant as Nigeria regained its’ position as the largest oil producing country in Africa. Nigeria displaced Angola, according to a monthly oil report by the Organization of Petroleum Exporting Countries, OPEC, to claim the leaders’ spot. Preceding report by OPEC in April positions Angola to have produced more crude than Nigeria. However, Nigeria reclaimed the top spot on Africa’s largest producers list, surpassing Libya and Angola after reporting 1.18 million barrels per day, bpd for May 2023. OPEC disclosed this recently in its…
The Economic and Financial Crimes Commission (EFCC), has gotten a new executive chairman in Mr. Abdulkarim Chukkol, in acting capacity following the suspension of Abdulrasheed Bawa. The commission stated this in a post on its verified Facebook page on Thursday. Until this new role, he was the Director of Operations of the Commission. “A pioneer staff of the Commission and an illustrious member of the EFCC Cadet Course One, Mr. Chukkol is a consummate and vastly experienced investigator with speciality in cybercrime and money laundering”, the commission said. The acting EFCC Chairman, holds a bachelor’s degree in Agricultural Economics from…