The Federal Government of Nigeria, through the Finance Ministry, has announced that the Nigerian National Petroleum Company Limited (NNPCL) has commenced the process of paying off its debt. The Minister of Finance and Coordinating Minister for the Economy, Wale Edun, who made this disclosure on Wednesday, 23 October, 2024 while addressing investors during a meeting in Washington, DC, stated that the NNPCL has initiated the process of settling the $6 billion debt it owes to its suppliers. Thegazellenews.com recalls that the NNPCL admitted to experiencing financial strain due to the cost of sustaining supply and its indebtedness to oil suppliers, which amounts…
Author: Abimbola Ogunaike
A coalition of civil society organisations under the aegis of Lagos People’s Assembly (LPA) has warned the state House of Assembly not to destroy the legacy of President Bola Ahmed Tinubu, which he holds dear to his heart regarding the creation of local government. The group who stromed the Lagos State House of Assembly on Thursday, 24 October, 2024, to protest the high handedness of Mudashiru Obasa led House said it won’t allow a group of people to rubbish Tinubu’s legacy, nor take over the power of the councillors at the grassroots level The Co-covener, Kola Abe, who spoke on…
President Bola Tinubu has restricted Ministers, Ministers of State, and Heads of Agencies of the Federal Government to a maximum of three vehicles in their official convoys. No additional vehicles will be assigned to them for movement. The cost-cutting measure was announced today, Thursday, 24 October, 2024, in a statement signed by the President. In January this year, President Tinubu took significant steps to reduce government expenditure, by reducing his entourage on foreign trips from 50 to 20 officials. For local trips, he reduced it to 25 officials. He similarly reduced the Vice President’s entourage to five officials on foreign…
Residents of Ikeja Federal Constituency expressed joy and delight as a three-day free medical outreach initiated by their representative in the House of Representatives, Honourable James Abiodun Faleke starts on Friday, 25 October, 2024. Tagged ‘Balancing Wealth on Health’, the three-day programme kick off on Friday, 25 October, 2024 in front of the palace of the traditional ruler of Onigbongbo for residents of Onigbongbo Local Council Development Area. The free medical train moves to the frontage of Ikeja Central Mosque, Isale Awori, Obafemi Awolowo Way, Ikeja on Saturday, 26 October, 2024 for residents of Ikeja Local Government. The medical train…
Lagos State Governor, Babajide Sanwo-Olu; and his Enugu State counterpart, Peter Mbah have joined the list of eminent personalities across Africa’s political and business circles who have commiserated with the President of the All Africa Music Awards (AFRIMA) and Managing Director of PRM Africa Marketing and Communications Limited, Mike Dada, over the death of his loving wife, Modupe Temitope Dada. Modupe Dada, Nee Baruwa, died peacefully on Saturday, 19 October, 2024, and her death has continued to draw an outpouring of sympathy and commiseration from across Africa. Lagos State Governor Sanwo-Olu was one of the first to offer his condolences,…
Justice Maryanne Anenih of the Federal Capital Territory, FCT, High Court, Maitama, Abuja, on Thursday, October 24, 2024 dismissed oral bail applications of Abdulsalam Hudu and Umar Oricho, who are co-defendants with the former Kogi State Governor, Yahaya Bello in a N110.4 billion fraud case, preferred again them by the Economic and Financial Crimes Commission, EFCC. While defence counsel, J.B. Daudu, SAN and A.M. Aliyu, SAN, representing Hudu and Oricho, respectively argued that their clients were due for release from the holding facility of the Commission, prosecution counsel, Rotimi Oyedepo, SAN, opposed their release on the basis of mere oral applications. Justice Anenih upheld the prosecution’s objection, stating that the bail applications should be made in writing. “You must come formally,”…
President Bola Tinubu, speaking in Abuja, reassured the public that past mistakes, such as neglecting livestock farming and relying on dairy imports, will be avoided. He pledged a robust framework to stimulate prosperity in the sector, instilling confidence in his commitment. The President, who opened a two-day Consultative Workshop on Livestock Reforms on Thursday at the State House Conference Centre, pledged government support in revamping and repositioning the sector to create employment and attract foreign Direct Investment (FDI). “The livestock sector is critical, and we will give all it needs to bring value to our country. Stakeholders, I assure you…
In a major boost to infrastructure development in Lagos East, the Senior Special Assistant to the President on Sustainable Development Goals (SSAP-SDGs), Princess Adejoke Orelope-Adefulire, has commissioned two key projects aimed at improving education and healthcare in the district. The first project, a block of 22 classrooms at Wright Memorial Primary School in Somolu, is designed to provide enhanced learning environments for students in the area. The project, which aligns with SDG 4 (Quality Education), aims to reduce overcrowding and improve the quality of education. By equipping the school with modern facilities, the initiative ensures that students from underserved communities…
First Lady OF Nigeria, Senator Oluremi Tinubu has donated N40 million along with various food items to victims of tanker explosion in Majiya village of Jigawa State. The donation was presented on her behalf by a delegation led by Wife of the Speaker, House of Representatives, Hajia Fatima Tajudeen Abbass at the Government House, Dutse. Handing over the cheque and food items to the Wife of the State Governor, Hadiza Umar Namadi, the First Lady said the plight of the victims is of great concern to her, and assured the state government of continued support and prayers. Receiving the commiseration…
Bonu Solomon’s Rising Profile: Why Lagos Lawmaker Is Loved By His People; Speaks On Badagry As State Food Basket Without a doubt, one of the most dynamic lawmakers in the Lagos State House of Assembly at the moment is Hon. Bonu Solomon Sannu, the lawmaker representing the people of Badagry State Constituency I. Within a year of his first term, he has proven that he is one of the most pro-active legislators the state can boast of. This is why his people do not joke with him. He has exceeded expectations, bringing to their door steps the dividends of democracy…