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The Nigerian Army has said the voluntary retirement of over 200 of its personnel is a routine and not an aberration. Army spokesperson, Onyema Nwachukwu, made this known in a statement on Saturday. The Army’s reaction comes a day after a media report said at least 243 soldiers in the North-east and other theatres of … [Read more…]
Today, August 20, 2022 makes it exactly one year and eleven days since the Indegenous People of Biafra, IPOB, imposed the sit at home on the entire South East geopolitical zone to protest the arrest and detention of it leader, Mazi Nnamdi Kanu by the Nigerian government. Kanu is standing trial before the Federal High … [Read more…]
The Joint Action Committee (JAC) of the Senior Staff Association of Nigerian Universities and the Non-Academic Staff Union of Educational and Allied Institutions have suspended strike. It was reported that the unions went on strike in March, few weeks after the Academic Staff Union of Universities (ASUU) down tools. In a chat with our correspondent … [Read more…]
Nigerians at home and abroad are rightly scandalised by the recent expensive gifts of the Federal Government to Niger Republic and Afghanistan. But more nauseating is the failure of the National Assembly to checkmate these unapproved spendings and make the president to explain his action. This unfortunate situation reinforces a pattern that reflects the weakness … [Read more…]
The leadership of the House of Representatives has resolved to invite the minister of Finance, Zainab Ahmed; Central Bank of Nigeria (CBN) Governor, Godwin Emefiele; Minister of Aviation, Senator Hadi Sirika and other stakeholders over the crises in the aviation sector and the face-off between the federal government and Emirates Airline. This was disclosed in … [Read more…]
A viral post on the social media from an unknown source reads, “Flight ticket is now between N100,000 and N150,000. And going by road, one is faced with the risk of being kidnapped and forced to pay certain amounts of money, ranging from N30million to N100million, depending on one’s kidnappers. The choice is yours. Naija … [Read more…]
The Federal Competition and Consumers Protection Commission, FCCPC, has directed payment systems operators, PSOs, such as Flutterwave, Opay, Paystack and Monify, as well as telecommunication companies, including Mobile Network Operators, MNOs, in Nigeria to stop providing support that enables the operations of illegal digital money lenders, also known as money sharks, in Nigeria. Executive Vice … [Read more…]
On Thursday, the Naira exchanged at N429.38 to the dollar at the CBN’s Investors and Exporters window. This is the same value Naira exchanged for on Wednesday at the official market FMDQ securities data showed that the open indicative rate closed at N427 to the dollar on Thursday. An exchange rate of N444 to the … [Read more…]
Amid politicking on who will be the next president of Nigeria, details have emerged that Nigeria’s next president will be burdened with over N24.7 trillion in debt service in the first three years at the helm of affairs. The amount overwhelms the N19.97 trillion revenue generated by the administration of President Muhammadu Buhari in his … [Read more…]
IN fulfillment of his campaign promise to upgrade Okpoko slum in Ogbaru local government area near the commercial city of Onitsha, Governor Chukwuma Soludo has commenced the rehabilitation of nine roads in the area at a cost of N9 billion. The state executive council has approved the project measuring 14.053 kilometers with dual carriage, reinforced … [Read more…]
The Minister of Mines and Steel Development, Olamilekan Adegbite, has revealed that the enormous and abundant mineral resources spread across every part of the country have the potential to make the Nation the “Next Best Investment Destination of the world, transform the economy, develop infrastructure and grow the Gross Domestic Product (GDP) of the country”. … [Read more…]
Three lawyers, Chiefs Clifford Okoye, Maurice Efobi, and Sam Chukwukelu, have warned the Federal Government against the consequences of disobeying the recent United Nations, UN’s demand to release the leader of the Indigenous People of Biafra, IPoB, Mazi Nnamdi Kanu, from detention. UN had recently demanded that Kanu be released from detention unconditionally as, according … [Read more…]