By Temitope Ajayi Those who think they are taking a dig at the President have been gloating. Their usual refrain is that the man they said built Lagos should build Nigeria for them to see. As Governor of Lagos, the President reformed governance and set the state on the path of irreversible progress. President Tinubu has never claimed he did it alone or discounted the contributions of others who led the state before him. Some of the landmark projects he started are still standing, and the plans and vision he articulated are still being implemented till today. We talk about…
Author: Olamide Obayemi
By Dada Olusegun President Bola Tinubu on Friday rounded off his official visit to China with his trip to the world’s 2nd largest economy ending with very significant and mouthwatering gains for Nigeria. It was obvious that the President was looking forward to a trip heavy on deals that would impact on Nigeria’s quest to improve our infrastructure, agriculture, power, solid minerals etc judging by the public officials in his official entourage. From the Finance Minister/Coordinating Minister of the Economy, the Minister of Trade and Investment, the Minister of Solid Minerals, Minister of Power, FCT Minister, Minister of Defence, Minister…
Residents of Okuma in Ughelli South Local Government Area of Delta State have taken to the bush following the invasion of the community by armed soldiers. They were said to have invaded the community with their gunboats in the early hours of Monday, 9 September, 2024. According to one of the community leaders, “As I speak, soldiers and some youths have stormed our community, shooting at anything in sight. They parked their boats at Okoloba and came on foot. The small tents we have built are being razed.” “The soldiers came on land through Okoloba community after using drones to…
The Labour Party, LP factional leadership led by Julius Abure has disclosed that all its tickets, particularly the Presidential ticket ahead of the 2027 general election are open to qualified Nigerians, not reserved for Peter Obi alone but to all Nigerians who want to contest. Abure made this disclosure after a National Executive Committee (NEC) meeting in Abuja on Monday, 9 September, 2024. “NEC in session also reviewed the decision of the National Convention to reserve its Presidential and Governorship tickets for Peter Gregory Obi and Alex Otti respectively,” a viral communique. “Consequently, all tickets of the party from the…
At least 46 suspected internet fraudsters have been arrested by the Operatives of the Benin Zonal Directorate of the Economic and Financial Crimes Commission (EFCC), on Sunday, 8 September, 2024. They were arrested at different locations within Warri, Delta State. The anti-graft agency, which made this disclosure in a statement on its X page on Monday,9 September, 2024, added that the suspects were arrested following credible intelligence on their alleged involvement in internet-related fraud. Thirteen exotic cars, laptops and phones were recovered from them. The suspects will be charged to court as soon as investigations are concluded.
A traditional ruler in Osun State, Oba Taofeeq Olaposi Osunmakinde was on Monday, 9 September, 2024 arraigned at the Federal High Court in Abuja presided over by Justice Emeka Nwite over alleged illegal Gold mining in Lege Community, Odigbo Local Government Area of Ondo State. Justice Nwite, who granted them bail, ordered that they be taken to Kuje prison on remand, pending the perfection of their bail conditions Oba Osunmakinde, who is the Obawore of Ifetuntun in Ife Central Local Government Area of Osun State was put on trial by the Attorney General of the Federation (AGF) in Abuja alongside…
Gunmen suspected to be bandits on the morning of Monday, 9 September, 2024 around 9am kidnapped two nurses and an unspecified number of patients from the Primary Healthcare Centre at Kuyallo, eastern part of Birnin-Gwari LGA of Kaduna State. The assailants were said to have targeted the nearby Government Day Secondary School on Monday, 9 September, 2024. However, upon finding the school empty, they stormed the closest health centre. According to a leader of a local vigilante group in the area, Musa Alhassan, the bandits, who were seeking to abduct students, instead took two female nurses and several patients hostage,…
The Chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), Dr. Musa Adamu Aliyu, SAN, has reaffirmed his commitment to support the Service Compact with All Nigerians (SERVICOM) in ensuring effective service delivery to the nation. Dr. Aliyu made this known during an advocacy visit to the Commission’s Headquarters by SERVICOM led by its National Coordinator and Chief Executive Officer, Mrs. Nnenna Akajemeli. According to him, the quality of governance is determined by the quality of services delivered to citizens and the extent to which these services meet their expectations, therefore ICPC is entrusted with the critical…
In line with the Petroleum Industry Act (PIA) 2021 provisions of transiting assets from the Petroleum Profit Tax (PPT) into PIA terms, the NNPC Ltd and its Joint Venture (JV) partner, Chevron Nigeria Ltd (CNL), have concluded the conversion of five of its JV assets into the PIA terms. Under the new PIA regime, all existing Oil Prospecting Licenses (OPLs) and Oil Mining Leases (OMLs) would be automatically converted to Petroleum Prospecting Licenses (PPLs) and Petroleum Mining Leases (PMLs) upon their expiration. Nonetheless, an option of voluntary conversion is provided for holders of OPLs and OMLs (Operator, Licensees or Lessees)…
Unity Bank Plc has projected gross earnings of N27 billion and a Profit After Tax of N4 billion in Q4, 2024, in its latest earnings forecast released to the Nigerian Exchange Group. Although the projected gross earnings represent a marginal increase from the N26 billion projected for Q3 2024, the lender continues to maintain a profitable outlook, with pre-tax profit expected at N4.2 billion. An analysis of the earnings forecast shows that the lender also expects interest income to rise from N23 billion to N24.5 billion, with net revenue expected to rise marginally by 1.0% to N7.2 billion within the…