The total amount of money owed to the Chinese government by the Federal Government as at March last year rose to $3. 121 billion (N1,126.68 trillion at USD/N361). The amount represents only 3.94 per cent of Nigeria’s total public debt of $79.21 billion as at September 2021. Similarly, in terms of external sources … [Read more…]
THE All Progressives Congress, APC, Federal Government must accept the blame for the fact that after six years in power, we are still deeply mired in our intractable petrol subsidy regime. As the leader of the then opposition party, Muhammadu Buhari had intensely argued that there was no fuel subsidy; that the subsidy … [Read more…]
EFCC Arrests Socialite Obi Cubana The Economic and Financial Crimes Commission (EFCC) has arrested a socialite Obinna Iyiegbu, better known as Obi Cubana. Obi Cubana is being questioned at the commission’s headquarters in Abuja. He arrived at the EFCC office around noon on Monday. Although details of allegations against the Anambra-born tycoon are still sketchy, … [Read more…]
Anambra Debate: Governorship candidates reluctant to condemn IPOB The activities of the pro-Biafra group, IPOB, appeared to have been a difficult issue for the governorship candidates in Anambra State to deal with during the just concluded political debate. Andy Uba of All Progressives Congress (APC), Chukwuma Soludo of the All Progressives Grand Alliance (APGA) and … [Read more…]
Fact Check, as Army Spokesman denies involvement of Army in Enugu community raid. Following trending videos of some men cladded in military uniform, shooting in a place alleged to be a community in Enugu, the 82 Division spokesman, Abubakar Abdullahi, has denied the involvement of the Army in the shooting. In a telephone chat between … [Read more…]
South-East Council of Traditional Rulers and representatives of Igbo Archbishops and Bishops; and the World Igbo Congress, WIC, have appealed to the federal government, to release the leader of Indigenous People of Biafra, IPOB, Mazi Nnamdi Kanu.Similarly, the groups also expressed “deep concern” over the high level of insecurity and socio-economic disruption in the southeast … [Read more…]
The Army said its troops had neutralised four armed members of the proscribed Indigenous People of Biafra, IPOB, who attacked security operatives in Anambra State on Friday. It also accused the outlawed group of carrying out its recent attacks to create panic ahead of the November 6 governorship election in the state. The Director of … [Read more…]
The National Vice Chairman South South of the People Democratic Party (PDP), Chief Dan Orbih, has assured the party is poised to return to power come 2023 given the successful completion of it’s national convention last Saturday. He spoke on Sunday while congratulating the new members of the National Working Committee (NWC) who emerged on … [Read more…]
Governor AbdulRahman AbdulRazaq hardly grants interviews. In this rare chat with a select group of journalists, he speaks on the challenges of governing Kwara, how insecurity in North-West and ban of open-grazing in Southern Nigeria is affecting Kwara, his problem with Senator Bukola Saraki; and relations with Minister of Information and Culture, Alhaji Lai Mohammed, … [Read more…]
Socio–Economic Rights and Accountability Project (SERAP) has filed a lawsuit against President Muhammadu Buhari over his failure to probe allegations that over 880 billion of public funds are missing from 367 ministries, departments and agencies (MDAs), to ensure the prosecution of those suspected to be responsible, and the recovery of any missing or diverted public … [Read more…]
In its bid to reverse the nation’s over-reliance in imports by creating a platform that supports right companies and projects with potential to immediately transform and jumpstart the productive base of the economy, the Central Bank of Nigeria (CBN) has unveiled the criteria for participating in its 100 for 100 policy on Production and Productivity … [Read more…]
Former Senate President, Chief Pius Anyim, has said that he will contest for the Presidency in 2023 whether the Peoples Democratic Party (PDP) zoned it to the South-East zone or not. Anyim made the declaration on Saturday in Abuja on the sideline of the ongoing PDP national convention. The Former Secretary to the Government of … [Read more…]