Five governors on the platform of the Peoples Democratic (PDP), known as G-5 Governors, or Integrity Group, yesterday, kept silence on their preferred presidential candidate for the 2023 general elections. The five governors comprising Nyesom Wike (Rivers), Samuel Ortom (Benue), Okezie Ikpeazu (Abia), Ifeanyi Ugwuanyi (Enugu) and Seyi Makinde (Oyo), however, said they remain committed … [Read more…]
The Federal Operations Unit Zone A, of the Nigeria Customs Service (NCS) on Thursday, said it intercepted about 156 trailer loads of rice, 656,414 liters of premium motor spirit (PMS) other contraband worth N13,908 billion in 2022. The acting Controller of the Unit, DC Hussein Ejibunu, who stated this while addressing newsmen in Lagos, said … [Read more…]
Ebonyi State Governor, David Umahi, yesterday approved the request of the state chapter of Labour Party to use the Pa Ngele Oruta Township Stadium in Abakaliki for it’s rally slated to hold on 11 January,2022. Presidential candidate of the Labour party, Mr. Peter Obi, and his team are expected in Ebonyi for his presidential rally … [Read more…]
Fifty-two days to the 2023 general elections on , the Independent National Electoral Commission (INEC), Tuesday, received the last consignment of the Bimodal Voter Accreditation (BVAS) machines. National Commissioner and Chairman Information and Voter Education Committee, Festus Okoye, in a statement said the Commission’s Chairman, Prof. Mahmood Yakubu, National Commissioners and senior officials of the … [Read more…]
The Central Bank of Nigeria, CBN, yesterday explained that Polaris Bank was sold to Strategic Capital Investment Limited, SCIL, because it offered the highest financial bid of N1.355 trillion. Dismissing allegations to the contrary by an online news outlet, CBN’s Director, Corporate Communication Department, Mr. Osita Nwanisobi, in a press release yesterday stated: “For the … [Read more…]
A High Court of the Federal Capital Territory has quashed the allegations of fabricated false assets declaration against the Chairman of the Independent National Electoral Commission, Prof. Mahmood Yakubu. The Court went ahead to bar security agencies from investigating him over his valid assets declaration. In an Originating Summons marked FCT/HC/GAR/CV/47/2022 by Somadina Uzoabaka against … [Read more…]
Governor Ifeanyi Ugwuanyi has disclosed his biggest joy is that his preferred successor, Peter Ndubuisi Mbah, who is the governorship candidate of Peoples Democratic Party (PDP), will perform better than him in office if elected. He said the recent actualisation of his administration’s struggle for Enugu State to join the league of states enjoying oil … [Read more…]
Long vehicular queues may soon return to petrol stations across the country as the Petroleum Tanker Drivers’ Branch of National Union of Petroleum and Natural Gas Workers, (PTD– NUPENG) has threatened strike over alleged illegal activities and high-handedness of security agents, particularly the Military Task Force operating in the Port Harcourt zone of the Union. … [Read more…]
President Muhammadu Buhari said yesterday it would cost the federal government N1.8 trillion in interest, if the National Assembly failed to approve N23.7 trillion in extra-budgetary spending. The President also said his government had made adequate provisions in the 2023 budget for the successful conduct of the forthcoming general elections and the transition programme. Recall … [Read more…]
The Obi of Onitisha, Prof. Nnaemeka Achebe, has denied claims by President Muhammadu Buhari’s spokesperson, that he queried former President Olusegun Obasanjo over the Second Niger Bridge. President Buhari through his spokesperson, Garba Shehu had claimed that when Obasanjo sought re-election for his second term in office, he returned to the site of the Second … [Read more…]
President Muhammadu Buhari, yesterday, signed the 2023 budget of N21.83 trillion along with the 2022 supplementary Appropriation Bill into law in the council chambers of the State House. It is the 8th and final budget of the president and has as its themed: ‘Budget of Fiscal Sustainability and Transition.’ The President also asked the lawmakers … [Read more…]
The World Bank has said the Central Bank of Nigeria (CBN) financing of the fiscal deficit has continued to fuel inflation by increasing liquidity in the money market. The Bank also noted that interest payments on the Nigerian government’s borrowing from the CBN will gulp over 62 percent of its total revenue by 2027. The … [Read more…]