Author: Editor Francis

The Minister of Arts, Culture, and Creative Economy, Hannatu Musawa, has revealed that plans are underway to reposition the video game animation industry in Nigeria. Musawa disclosed this during the third quarter edition of the Xbox Developer Hangout, organised by Microsoft, in Lagos. According to her, this will be done in such a way that Nigerian movies, music, fashion and culture will feature in every locally produced video game. She said the industry holds lots of employment potential for the youth, adding that consultations with Microsoft would help in the actualisation of her vision in that respect. She said that…

Read More

The United States Mission to the United Nations will illuminate its premises in orange from November 21 to 23, commemorating the International Day for the Elimination of Violence Against Women and marking the beginning of the 16 Days of Activism Against Gender-Based Violence. Ambassador Linda Thomas-Greenfield, the U.S. Representative to the United Nations, conveyed the nation’s solidarity with women and girls courageously combating the threat of violence. She emphasized the collective responsibility to prevent and address gender-based violence in all its manifestations, both domestically and globally, citing it as both a moral imperative and a national security concern. “The United…

Read More

A forum comprising former national chairmen of the Petroleum Tanker Drivers (PTD), declared on Friday that there are no intentions among tanker drivers to separate from the overarching union. The statement was made by John Ossai, a member of the forum, during their visit to Mr. Augustine Egbon, the current national chairman of PTD, at the NUPENG National Secretariat in Abuja. Ossai expressed pride in the recently conducted election organized by their mother union, NUPENG, which resulted in the emergence of the new leadership. He urged all branch units of PTD across the nation to pledge their allegiance to the…

Read More

In a recent address at the 58th Annual Dinner of the Chartered Institute of Bankers of Nigeria, the Governor of the Central Bank of Nigeria (CBN), Dr. Olayemi Cardoso, announced plans to instruct Deposit Money Banks to augment their capital base. This move is aimed at aligning the banking industry with President Bola Tinubu’s ambitious goal of achieving a $1 trillion GDP within the next seven years. Dr. Cardoso acknowledged the need for collaboration among stakeholders and emphasized the importance of evaluating the adequacy of the banking sector to support the envisioned larger economy. He stated, “It is not just…

Read More

President Bola Tinubu has approved the appointment of eight new permanent secretaries in the Federal Civil Service. The appointments come as a result of the recently concluded selection process conducted by the Office of the Head of the Civil Service of the Federation. The new appointees are Ndakayo-Aishetu Gogo, Adeoye Ayodeji, Rimi Abba, Bako Deborah Odoh, Omachi Omenka, Ahmed Umar, Watti Tinuke, and Ella Agbo. President Tinubu expressed his expectation that the newly appointed Permanent Secretaries, having emerged as top candidates through a diligent assessment process, will utilize their expertise and competence to rejuvenate service delivery across all Federal Ministries,…

Read More

The Bishop of Sokoto Catholic Diocese, Matthew Hassan Kukah, has dismissed the possibility of entering the presidential race, despite persistent encouragement from Nigerians. Speaking at the 8th House of Justice Summit in Kaduna State, Kukah asserted that he would not be an ideal President as Nigerians are not seeking individuals perceived as “good” or “holy” to lead them. Addressing the audience, Kukah stated, “A lot of people have been saying to me in the last 30 years, ‘Come and contest elections. Come and contest the presidency of Nigeria.’ Oga, let me finish with parish work first. Because if I were…

Read More

Abdullahi Ganduje, the National Chairman of the All Progressives Congress (APC), has revealed the party’s intentions to seize control of Rivers State in the 2027 elections. Ganduje disclosed that the APC National Working Committee (NWC) is strategically repositioning the party’s Rivers State chapter to secure victory in the upcoming gubernatorial election. The announcement came during the inauguration of the Rivers State Caretaker Committee at the APC National Secretariat in Abuja on Friday. Ganduje emphasized the party’s commitment to reform and underscored the crucial role of state leadership in achieving this objective. Addressing the newly inaugurated committee, Ganduje stated, “We want…

Read More

The Ondo State House of Assembly is scheduled to hold a plenary session today to deliberate on the political situation in the state.  Reliable sources indicate that the lawmakers will specifically address the health-related absence of Governor Rotimi Akeredolu and may consider declaring the deputy governor, Mr Lucky Aiyedatiwa, as acting governor. Governor Akeredolu is reportedly still recovering from an undisclosed illness at his private residence in Ibadan, Oyo State capital, preventing him from resuming his official duties. Insiders suggest that the lawmakers may encounter internal disagreements regarding the appointment of Aiyedatiwa as acting governor, potentially leading to the absence…

Read More

Governor Babajide Olusola Sanwo-Olu of Lagos State has relieved the General Manager of the Lagos State Traffic Management Authority (LASTMA), Bolaji Oreagba, of his duties. In his place, the governor has appointed Bakare-Oki Olalekan as the acting general manager of LASTMA, effective immediately. The decision to dismiss Oreagba was attributed to the pursuit of better performance, the eradication of staff misdemeanors, and the continuous efficient and effective management of traffic on Lagos roads, according to Olawale Musa, the Permanent Secretary of the Ministry of Transportation. Bakare-Oki, the newly appointed acting general manager, joined the Lagos State Public Service on April…

Read More

The Nigerian National Petroleum Corporation Limited (NNPCL) has announced plans to cease the importation of refined petroleum products by December 2024, indicating that all the country’s refineries will be operational by that time. The Group Chief Officer of the NNPCL, Mele Kyari, revealed this during a meeting with the Speaker of the House of Representatives, Tajudeen Abbas. Kyari assured that the rehabilitation of the Port Harcourt Refining Company, under NNPCL’s management, would be completed by December this year. He further projected that by the end of 2023, the national oil firm’s revenue would grow to N4.5 trillion, emphasizing the commitment…

Read More

In Abuja yesterday, the former Chairman of the Independent National Electoral Commission (INEC), Attahiru Jega, unveiled how influential politicians compromise security and manipulate voter registration processes. Speaking at a policy roundtable organized by Yiaga Africa, themed ‘Improving the Integrity of Nigeria’s Voter Register,’ Jega highlighted the challenges associated with registration of underage persons and foreigners. Jega acknowledged that while the extent of registration irregularities is sometimes exaggerated and politicized, it remains a significant issue. He pointed to manipulation of the registration exercise, corruption, and what he termed ‘community connivance’ as contributing factors. Notably, Jega cited instances where politicians orchestrated illegal…

Read More

Market socialism describes a subtype of socialism that adopts certain traits of capitalism, like allowing limited private ownership or consulting market demands. This could involve situations like profits generated by a company going directly to the employees of the company or being used as public funds (Gregory and Stuart 2003). Many Eastern European and some South American countries have mixed economies. Key industries are nationalized and directly controlled by the government; however, most businesses are privately owned but regulated by the government. As postulated by British economist John Maynard Keynes, oligopolies and monopolies can then lead to oligarchies (government by…

Read More