As May 29 Inauguration Day approaches, Lagos State Governor, Babajide Sanwo-Olu, has dissolved his cabinet as he prepares for another four year, second term in office. Sanwo-Olu and his deputy, Obafemi Hamzat, will be sworn in for a four year, second term on May 29. The Head of Service, Hakeem Muri-Okunola, made the announcement on Wednesday through a circular with No. 046. The circular read in part, “However, political appointees whose appointments are by Legislation/Tenure-Based and Members of Statutory Commissions/Governing Councils whose tenures have not lapsed are not affected by this directive, unless otherwise formally informed. “Therefore, all affected political…
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The Nigerian National Petroleum Company Limited has resumed oil drilling campaign at the Wadi-B located in Jere Local Government Area of Borno State. The NNPC resumed drilling after it initially stopped drilling in Wadi-B in 1995 because back then; successes were weak and findings made during the period were not in commercial quantity, it was reported. According to NNPC’s Group Chief Executive Officer yesterday, Mele Kyari, the company hopes to bring prosperity to the people through the elimination of energy poverty currently threatening Africa’s biggest economy. Kyari made the commitment at the Presidential flag-off of Wadi-B drilling campaign by President…
Ahead of his inauguration on May 29, a former British Prime Minister, Tony Blair, has visited the Nigerian President-elect, Bola Tinubu. During the visit on Tuesday in Abuja, Blair expressed readiness to support Tinubu’s incoming administration to succeed. The former British Prime Minister said the Tony Blair Institute for Global Change would partner with Tinubu’s administration in prioritising its goals and delivery. Blair said he met Tinubu due to the institute’s project in Nigeria, adding that the meeting would enable him understand the incoming administration’s priorities. Blair told Tinubu: “We would like to help in any way with your administration.…
As we all anticipate the hand-over of power to new government on May 29th in Nigeria, the Naira on Tuesday depreciated at the Investors and Exporters window, exchanging at N464.42 to a dollar. The figure represents a 0.20 per cent decrease against N463.50 traded on the previous day (Monday). Accordingly, on Tuesday, an open indicative rate closed at N464.10 to the dollar. An exchange rate of N632 to the dollar was the highest rate recorded within Tuesday’s trading before it settled at N464.42. The naira sold for as low as 460 to the dollar within the day’s trading. Consequently, at…
Embattled Nigerian Youtuber, Emdee Tiamiyu, has said he is realistic in his dealings and also means every word he says in his controversial British Broadcasting Corporation interview. Emdee said this while reacting to the barrage of criticisms that trailed the interview he granted to the BBC where he claimed that Nigerians seeking admission into school in the United Kingdom only considered it as an alternative means to escape from Nigeria. Tiamiyu, who is known for advising Nigerians on studying in the United Kingdom noted that most Nigerians are not looking for new qualifications, but to start a new life abroad.…
The Central Bank of Nigeria has revoked the licences of 179 Microfinance banks in Nigeria, as well as four primary mortgage banks and three finance companies. This was disclosed in the official gazette of the Federal Government, which was published on the website of the CBN on Tuesday. The gazette said that the licences of the financial institutions were revoked because they “ceased to carry on in Nigeria, the type of business for which their licences were issued for a continuous period of six months; failed to fulfil or comply with the conditions subject to which their licences were granted;…
A nine-member delegation is expected to attend the inauguration of President-elect Bola Tinubu next Monday, according to an official statement by the White House on Monday. The Secretary of the United States Department of Housing and Urban Development, Marcia L. Fudge, is scheduled to lead the delegation. See the full statement below: President Biden Announces Presidential Delegation to the Federal Republic of Nigeria to Attend the Inauguration of His Excellency Bola Ahmed TinubuPresident Joseph R. Biden, Jr. today announced the designation of a Presidential Delegation to attend the Inauguration of His Excellency Bola Ahmed Tinubu on May 29, 2023, in Abuja, Nigeria. The Honorable…
World Health Organization has informed the world to be prepared for yet another emergence of a pathogen deadlier than the novel COVID-19. WHO Director-General Dr. Tedros Adhanom Ghebreyesus, made the call on Monday during the 76th World Health Assembly in in Geneva, Switzerland. “The threat of another variant emerging that causes new surges of disease and death remains. And the threat of another pathogen emerging with even deadlier potential remains,” he said. “And pandemics are far from the only threat we face. In a world of overlapping and converging crises, an effective architecture for health emergency preparedness and response must…
A Federal High Court in Abuja on Tuesday summoned Rural Electrification Agency (REA) Managing Director, Ahmad Salihijo Ahmad and four directors of private companies. The charges of breach of Public Procurement Act were pressed by Donnington Ltd against Velocity Logistics, Winslow Logistics, Equal Logistics, Sahams Crystal Investment, and Antaser Nig Ltd. The other defendants are Alkali Habib (a Director in TAJ Bank), Edwin Iyk Anyadigibe, Abdulmumini Haruna and Innocent Nwobodo. Ahmad and the rest are facing a 10 count-charge bordering on violation of the Anti-Money Laundering Act including non-declaration of companies’ financial transactions. Their alleged offences violated Section 5 (1)…
Ahead of Monday’s inauguration, President-elect Bola Ahmed Tinubu received former United Kingdom Prime Minister Tony Blair at the Defence House in Abuja on Tuesday. Tinubu disclosed this through his official Twitter handle. According to the incoming president, he had a fruitful discussion with Tony Blair on areas of mutual interest. “I received former British Prime Minister and founder Tony Blair Institute for Good Governance, Mr. Tony Blair, at the Defence House, Abuja, earlier today. We discussed areas of mutual interests and how Nigeria can continue to benefit from the amazing work of the Institute,” he wrote. Kasim Shettima, the Vice…
Grammy-nominated afrobeat artist, Seun Kuti has been released from police detention. The singer was remanded at the State Criminal, Investigations and Intelligence Department, SCIID, Panti, Yaba, Lagos on the orders of a Yaba Chief Magistrate Court for assaulting a policeman in viral video. Activist Omoyele Sowore announced on Tuesday via his Twitter handle that the music star has regained his freedom. He wrote, “Just to announce that @RealSeunKuti has been released from @PoliceNG detention in Lagos. Hasta la victoria siempre!” Jubilation as Seun Kuti regains freedom from Police custody.
A Senior Advocate of Nigeria, Adeyinka Fusika, who is also the counsel for the remanded Afrobeat singer, Seun Kuti, has said that “administrative approval” is delaying the singer’s bail. Fusika, in a WhatsApp note, sent to our correspondent on Tuesday, said Seun’s bail had nothing to do with the court sitting today (Tuesday). Seun, who was arraigned by the police last week for assaulting a policeman, was remanded in police custody by a Magistrates’ Court in Yaba, presided over by Magistrate Adeola Olatunbosun. During the sitting on May 16, he was granted bail by the court but was to remain…