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The Governor of Borno State, Prof Babagana Zulum, said on Friday that for the sake of fairness, power should return to the south in 2023. He faulted the suspicion that any part of the country could not be trusted with power, perhaps for the fear of secession. He stressed that there was … [Read more…]
Three international oil companies operating in Nigeria have sold their combined 45 per cent interest in Oil Mining Lease 17 and related assets in the Eastern Niger Delta to TNOG Oil and Gas Limited, an integrated energy company founded by Mr Tony Elumelu. Shell Petroleum Development Company of Nigeria Limited, Total E&P Nigeria Limited … [Read more…]
The All Progressives Congress and the Peoples Democratic Party on Friday clashed over the worsening insecurity in Nigeria. This was as the nation marked the 2021 edition of the Armed Forces Remembrance Day. While the APC urged Nigerians to avoid playing politics with the issue of security, the PDP advised the APC to end propaganda … [Read more…]
A former governor of Anambra State, Mr Peter Obi; the Catholic Bishop of Sokoto Diocese, Matthew Kukah and the Northern Elders Forum said on Thursday that Nigeria was repeating its mistakes that led to the civil war which lasted from July 6, 1967 to January 15, 1970. Speaking at a webinar, they cautioned … [Read more…]
The President, Major General Muhammadu Buhari (retd.), on Thursday, described the Boko Haram attacks in the North-East as occasional problems. He, therefore, appealed to his critics to be fair when criticising his regime. The President said they should compare his achievements with those of his predecessors and the problems he inherited. The President, … [Read more…]
The Federal Government, on Thursday, banned overcrowding and large gatherings such as assemblies and visiting days, as schools reopen on Monday. It also put limitations to class sizes and hostel occupancy and asked the schools to ensure compulsory wearing of face masks by all students, teachers and workers, as well ensure temperature checks and … [Read more…]
Some gunmen suspected to be armed robbers on Wednesday shot their female victim for allegedly resisting a rape attempt on her at Agip Flyover, Rumueme, in the Obio/Akpor Local Government Area, near the Rivers State College of Health Sciences and Management Technology. PUNCH Metro learnt that the victim was found in a pool of … [Read more…]
THE coronavirus pandemic has contributed a lot to the current food inflation ravaging Nigerian families. Coming in February/March, the beginning of the planting season, and forcing a prolonged national lockdown, it prevented many of our farmers from sowing their seeds. Food inflation, according to the National Bureau of Statistics, NBS, rose from 16.66 per … [Read more…]
Crude oil production in Nigeria tumbled by 155,000 barrels to a record low in December amid the production cuts by the Organisation of the Petroleum Exporting Countries and its allies. OPEC disclosed this on Thursday in its report for January, saying a meaningful rise in oil prices would brighten Nigeria’s economic outlook this year. The … [Read more…]
The Federal Government on Wednesday announced the disbursement of another N123.348 billion under its States Fiscal Transparency Accountability and Sustainability (SFTAS) programme. The money is a performance-based grant to the states. The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, who disclosed this in a statement by Mr. Hassan Dodo, the Ministry’s Director … [Read more…]
Ndubuisi Kanu, former military administrator of Imo and Lagos states, former chairman of Ndigbo Lagos and a major pillar of the National Democratic Coalition, NADECO, reportedly died of COVID-19 complications in Lagos at the early hours of yesterday. President Muhammadu Buhari, Ohanaeze Ndigbo, Governor Babajide Sanwo-Olu of Lagos, Chief Guy Ikokwu, Hon Rotimi … [Read more…]
An employee of the First City Monument Bank, Felix Diete, has been sentenced to four years’ imprisonment by Justice Jane Inyang of the Federal High Court in Yenagoa, Bayelsa State, for stealing customers’ funds. Three customers of the bank had on September 2, 2016, complained that they gave Diete the sum of N6m … [Read more…]