UNFORTUNATE DEATH OF A PROTESTER BY A SOLDIER IN ZARIA On 6 August 2024, troops of the Nigerian Army received a distress call that some hoodlums gathered in Samaru in large numbers, burning tires on the road and pelting stones on security personnel. The troops immediately mobilised and arrived at the scene to disperse the … [Read more…]
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun has disclosed that the country currently spends $600m on fuel importation monthly. The minister revealed this during an interview on AIT’s Moneyline programme on Wednesday. He said that the high import bill is due to neighbouring countries, up to Central Africa, benefiting from … [Read more…]
A federal high court in Lagos has ordered the state government to conduct a comprehensive inquiry into the death of Pelumi Onifade, a 20-year-old reporter for the internet station Gboah TV. Justice Olayinka Faji directed the Lagos State Government to hold a coroner’s inquest to ascertain the cause of Onifade’s death and identify and prosecute those responsible. … [Read more…]
Nigeria’s Central Bank approved a financial package worth N700 billion to support the proposed merger between Unity Bank Plc and Providus Bank Limited, according to a document seen by Nairametrics. According to the apex bank, the bailout is aimed at strengthening the stability of Nigeria’s financial system, as confirmed in an official letter from the CBN, … [Read more…]
President Bola Tinubu has approved the appointment of the following Nigerians as federal commissioners of the Revenue Mobilization Allocation and Fiscal Commission (RMAFC): (1) Mrs. Linda Nkechi Oti — Abia (2) Mr. Akpan Imo Effiong — Akwa Ibom (3) Mr. Enefe Ekene — Anambra (4) Professor Steve Ugba — Benue (5) Chief Eyonsa — Cross-River … [Read more…]
…We’re after those behind coup calls, not genuine protesters – CDS Security agencies have identified and blocked sources of external funding for the #EndBadGovernance protests in the country. The Inspector-General of Police, Kayode Egbetokun stated this at a joint press briefing hosted by the Chief of Defence Staff, General Christopher Musa, at the Defence Headquarters, … [Read more…]
…Disowns “Acclaimed Acting National Youth Leader”, Okpalaezeukwu PRESS STATEMENT The Ohanaeze Ndigbo Worldwide wishes to inform the general public that Mr Chukwuma Okpalaezeukwu, the erstwhile acting National Youth Leader of Ohanaeze Ndigbo has long been directed to revert to his position as the Secretary- General of Ohanaeze Ndigbo, Youth Wing. The directive was contained in … [Read more…]
Former Nigerian president, Chief Olusegun Obasanjo has declared that the fuel subsidy removed in June 2023 by President Bola Tinubu’s administration has been brought back due to inflation. Obasanjo stated this in a short news documentary film recently published by the Financial Times. This is even as he faulted how President Tinubu removed the fuel subsidy … [Read more…]
The naira continued its recovery against the American dollar on Tuesday. Data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed that the domestic currency gained N6 to trade at N1,601/$1, down from N1,607/$1 it traded on Monday. The intra-day high and low recorded during the day were N1,623/$1 and N1,560/$1 respectively, representing a very … [Read more…]
The nationwide protest that kicked off on Aug. 1 across Nigeria, to draw the attention of President Bola Tinubu to the economic challenges confronting Nigerians, soon snowballed into a conflagration. Scores of innocent Nigerians were mowed, and others had their businesses wantonly looted. Yet again, government offices were destroyed, equipment carted away, and quite a … [Read more…]
STATEMENT ON THE ONGOING PROTESTS IN NIGERIA The ECOWAS Commission has been closely monitoring the ongoing protests by citizens of the Federal Republic of Nigeria, and deeply regrets reports of violence in the course of the protests and the unfortunate death of some protesters as well as alleged looting and destruction of public and private … [Read more…]
The #EndBadGovernance protesters in Rivers State on Tuesday marched in large numbers to the Port Harcourt residence of the former Governor of Rivers State and current Minister of the Federal Capital Territory (FCT), Nyesom Wike. In a viral video, the protesters could be seen chanting and carrying placards with various inscriptions. The majority of the … [Read more…]