The Senate Committee on Local and Foreign Loans on Tuesday kicked against the proposal by the Federal Ministry of Health to borrow $200m under the Malaria Programme to buy mosquito nets in the 2022 budget. The committee’s condemnation was in response to the Ministry of Health’s submission about its intention to borrow the … [Read more…]
Former Senate president, Dr. Bukola Saraki, has said despite the fact that the Peoples Democratic Party (PDP) has zoned its national chairmanship to the North Central, it did not prevent any qualified aspirant from any zone from contesting the presidency in 2023. Speaking on a national television programme monitored in Lagos, yesterday, the … [Read more…]
The trial of the detained leader of the Indigenous People of Biafra (IPOB), Nnamdi Kanu, has received the attention of the international community following the issuance of “Urgent Appeals” by the United Nations to both the Nigerian and Kenyan governments, demanding immediate stoppage of any torture or violation of his rights. The decision … [Read more…]
President Muhammadu Buhari has expressed hope that the recently launched eNaira would buoy and reposition Nigeria’s economy to attract investors. He also said the Treasury Single Account (TSA), Bank Verification Number (BVN), and National Identification Number (NIN) initiatives have reinforced his administration’s efforts in tackling corruption. Speaking at the fifth edition of … [Read more…]
Abia transporters beg IPOB for palliatives, claim millions lost to sit-at-home order “We are appealing to the enforcers of this exercise to give us some palliatives to cushion the effect.” Abia transporters are begging IPOB for palliatives to ease the economic hardship they are going through, claiming that they lose millions of naira because of … [Read more…]
Garba Shehu tackles Lai Mohammed, says bandits are terrorists “Bandits” who have the resources and technology to shoot down a military fighter jet are not bandits at all…they are essentially no different to Boko Haram.” A composite of Presidential spokesperson Garba Shehu and Minister of information Lai Mohammed President Muhammadu Buhari’s media aide Garba Shehu … [Read more…]
THE Peoples Democratic Party National Convention Organising Committee has said the convention slated for October 30-31 will go ahead as scheduled in spite of an action instituted at the Kaduna High Court to stop it. Chairman of the Committee and Oyo State Governor, Seyi Makinde, said this in a statement titled, “Statement by … [Read more…]
Sudanese soldiers seize power in overnight military coup Prime Minister Abdalla Hamdok and five cabinet members of the ruling Transitional Sovereignty Council were taken into custody on Monday morning, per local media. Armed soldiers in Sudan launched an offensive against members of the country’s caretaker government, raising fears of yet another military coup in a … [Read more…]
The scarcity of funds in the interbank money market worsened last week following a sharp decline of 72 per cent in market liquidity to N56.3 billion. Financial Vanguard analysis of data from the Central Bank of Nigeria, CBN, showed that the amount of liquidity (Opening balance) dropped to N56.3 billion on Friday last … [Read more…]
A video making the rounds shows actor, comedian and content creator, Mr. Macaroni (Debo Adedayo), confronting policemen over their dealings with a young man. In the video, a young man carrying dreadlocks and backpack can be seen explaining to Mr. Macaroni that he was made to transfer N30,000 to an account by the officers. … [Read more…]
The Igbos for Progressive Nigeria has decried the Independent National Electoral Commission’s failure to give PVCs to would-be voters in the November 6 Anambra governorship election. The group expressed worry over the non-release of the permanent voter cards to those that participated in the last registration exercise, a few weeks to the poll, … [Read more…]
The Independent Petroleum Marketers Association of Nigeria, Kano has alerted the Federal Government over the imminent fuel crisis in the country following the decision by some private depot owners to unilaterally raise the prices of the product. The IPMAN chairman Kano chapter, Alhaji Bashir Danmallam, stated this in a statement issued in Kano on … [Read more…]