President Bola Tinubu and Equatorial Guinean President Teodoro Obiang Nguema Mbasogo on Wednesday evening, 14 August, 2024, in Malabo signed an agreement on Gulf of Guinea Pipeline Project, further affirming partnership for mutual development. The agreement covered legislative and regulatory measures for the gas pipeline, establishment and operation, transit of natural gas, ownership of the gas pipeline, and general principles. In his remarks at the event, President Tinubu, who is on a three-day official visit to Equatorial Guinea, said the signing of the agreement will open up new opportunities for gas exploration and employment. The President stated that the two…
Author: Abimbola Ogunaike
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The embattled National Chairman of the All Progressives Congress(APC), Dr Abdulahi Ganduje has described the allegations that protesters looted and absconded with ‘sensitive documents’ relating to his corruption trial as baseless and comical. The former Governor of Kano State in a statement signed by his Chief Press Secretary, Edwin Olofu on Thursday, 15 August, 2024 said credible intelligence reports revealed that the protest, which tragically turned bloody, was directly sponsored by Governor Abba Kabir Yusuf’s administration. According to Ganduje, contrary to the claim by the Kano government suggesting that APC sponsored the recent violent protests in Kano, rather it was the…
The National Judicial Council (NJC), has recommended Hon. Justice Kudirat Adetokunbo Motonmori Kekere-Ekun to President Bola Ahmed Tinubu for appointment as the Chief Justice of Nigeria (CJN). This decision of the NJC is on the heels of Justice Olukayode Ariwoola’s formal bowing out of office as the Chief Justice of Nigeria next Thursday, 22 August, 2024. If approved by President Tinubu, Justice Kekere-Ekun would be the second female Chief Justice of Nigeria coming after Justice Mouktar Aloma as the first female CJN. Besides, the Council also recommended 28 candidates for appointment as Judges of state courts and a candidate for…
In an effort to ensure a hitch-free farming season and tackle food insecurity and inflation, Defence Headquarters has disclosed that it has deployed its troops to farmers across the Northern states, especially the North West, and North Central regions in Nigeria. Director of Defence Media Operations, Maj Gen Edward Buba made this disclosure in a statement issued on Wednesday, 14 August, 2024. According to Buba, the deployment has enabled several farmers to have access to their farms. “With the commencement of the rainy season, troops are currently deployed in several of the northern, particularly in the NW and NC states…
The National Bureau of Statistics (NBS) has disclosed that Nigeria’s inflation fell to 33.40 percent in July 2024 from 34.19 percent in June on a year-on-year basis. According to the Bureau, this is the first time the country’s inflation has cooled down since December 2022 when it stood at 21.34 percent. The NBS, which made this disclosure in its latest Consumer Price Index and Inflation for July released on Thursday, 15 August, 2024, said the drop represents a 0.79 percent decline compared to the 34.19 percent recorded in June 2024. The decline was in line with the expectations of Financial…
The Minister of Solid Minerals Development, Dr. Dele Alake has hinted at an impending forensic audit of the mining sector as part of efforts to sanitize the industry and boost investor confidence. During a meeting with Plateau State Governor Caleb Mutfwang on Wednesday, Dr. Alake emphasized that ongoing reforms will lead to the implementation of technology-driven mechanisms aimed at enhancing the regulatory framework of the federal government. “I can reveal that we are going to embark on a forensic audit of the entire sector,.We are collaborating with the Ministry of Science and Technology on satellite imaging, in line with the…
The Ogun State government on Tuesday, 13 August, 2024, launched a health insurance scheme designed for the formal sector, comprising civil servants, public servants, and workers in the organized private sector, as part of activities lined up for the 2024 Public Service Week. Thegazellenews.com recalls that the State Governor, Prince Dapo Abiodun, launched the scheme for the informal sector in February 2022, allowing artisans, market women, traders, and other residents making a living through non-organized environments to benefit. Prince Abiodun, during the official launch of the scheme at Obas Complex, Governor’s Office, Oke-Mosan, Abeokuta, disclosed that his government would pay…
The Nigerian banks’ Non-Performing Loans NPLs (Bad Loans) fell to 3.9 percent in June 2024 compared with 4.8 percent in April 2024. Members of the Central Bank of Nigeria Monetary Committee made the disclosure in their personal statements at July’s 296th MPC meeting recently released by the Central Bank of Nigeria(CBN). A member of MPC, Bala Bello, said that the decline in NPL showed improvement in industry risk management practices and implementation of regulatory policies to manage bad loans such as its Global Standing Instruction and GSI policy. Another member of MPC, Bandele Amoo, noted that the nation’s banking industry…
The controversy surrounding the National Anthem Recitation is not yet over as the Take It Back Movement, a rights advocacy organization behind the just concluded #EndBadGovernance protests, has threatened a fresh nationwide demonstration over the bill Thegazellenews.com reports that a bill seeking to penalize Nigerians who refuse to recite the national anthem is currently on the floor of the House of Representatives. The controversial bill, which is being sponsored by Speaker Tajudeen Abbas, seeks to impose a fine of N5 million or 10 years imprisonment or both on any person who destroys national symbols, refuses to recite the national anthem and pledge. Reacting,…
The outgoing Vice Chancellor of Ekiti State University, Ado Ekiti, Professor Edward Olanipekun, has stated that he is leaving the university in a much better state than he found it five years ago. Professor Olanipekun, who stated during an interactive session with newsmen in Ado Ekiti, the state capital, explained that his administration introduced various initiatives and policies that led to improved academic and moral excellence. While Professor Olanipekun expressed gratitude to God for his appointment and the successes achieved, he mentioned that the saddest day of his administration was when the in-house unions were proscribed. According Olanipekun, although he…