Author: Alade Adisa

Three people were killed and 14 others were wounded in Turkey after terrorists attacked the Turkish Aerospace Industries (TAI) facility on Wednesday. Turkish Authorities confirmed that a deadly assault took place at the headquarters of Turkish Aerospace Industries (TUSAS), with media reporting a loud explosion at the scene. Confirming the attack, Interior Minister Ali Yerlikaya said on social media platform X, “A terrorist attack was carried out against the TUSAS facilities in Kahramankazan, Ankara. Unfortunately, we have martyrs and injured people.” However, Yerlikaya did not provide additional details regarding the attack on Turkish Aerospace Industries Inc., located on the outskirts…

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Leading financial institution, the World Bank has stated that 129 million Nigerians are poor. The global bank stated this in its most recent development update on Nigeria. With the bank estimating Nigeria’s population at 223 million, based on data published on its official website, what this would imply is that six out of every 10 Nigerians are poor. The development comes amid tough economic challenges spurred by inflation facing the country. With food inflation put at 37.7 percent, many citizens of the country have continued to lament hardship following the policies of President Bola Tinubu’s administration. It also comes amid…

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Tinubu

President Bola Tinubu has sacked five of his ministers, New Daily Prime has learnt. The affected ministers are Uju Kennedy-Ohanenye, Minister of Women Affairs; Lola Ade-John, the Minister of Tourism; and Jamila Bio Ibrahim, Minister of Youth Development. Tahir Mamman was also relieved of his duty as the Minister of Education while Abdullahi Muhammad Gwarzo was let go as Minister of State, Housing and Urban Development. The termination of their appointment was announced at the federal executive council (FEC) meeting on Wednesday. READ ALSO: BREAKING NEWS: Tinubu scraps two ministries The presidency said in a statement, “The president thanked the…

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A Kano State High Court has fixed November 20 for the hearing of all pending applications in the ongoing case of alleged bribery and misappropriation of public funds against the National Chairman of the All Progressives Congress (APC), Dr Abdullahi Umar Ganduje, and seven others. The former governor, his wife, Hafsat Umar, Abubakar Bawuro, Umar Abdullahi Umar, Jibrilla Muhammad, and three corporate entities—Lamash Properties Limited, Safari Textiles Limited, and Lasage General Enterprises Limited—are facing an eight-count charge filed by the state government. The charges involve alleged bribery, misappropriation, and the diversion of public funds amounting to billions of naira. During…

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The Federal government has dropped all charges against Tigran Gambaryan, an executive at Binance Holdings, on health grounds. Gambaryan has been facing a money laundering trial from detention since April.A counsel for the Economic and Financial Crimes Commission (EFCC), announced the withdrawal of the charges at the Federal High Court Abuja, before Justice Emeka Nwite on Wednesday.The hearing is coming two days before the 25 October earlier scheduled as the return date by the trial judge in the open court last Friday. Announcing the withdrawal of the charges, the EFCC lawyer said Gambaryan, a United States citizen, was merely an…

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The Federal Executive Council (FEC) has scrapped the Niger Delta Ministry and the Ministry of Sports Development. This was part of the decisions taken at the Federal Executive Council (FEC) meeting in Abuja, as seen on the X handle of the Special Adviser Information and Strategy to President Tinubu, Bayo Onanuga on Wednesday. There will now be a ministry of regional development to oversee all the regional development commissions, such as Niger Delta Development Commission, North West Development Commission, South West Development Commission, and the North East Development Commission. The National Sports Commission will take over the role of the…

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Former President Olusegun Obasanjo has expressed dismay over the country’s lack of unity, which he believes has hindered the nation’s progress. He spoke when receiving a 20-member delegation from the League of Northern Democrats, led by former Kano State governor, Alhaji Ibrahim Shekarau on Tuesday. Obasanjo lamented that disunity has prevented the country from achieving greatness and fulfilling its potential as a leading force for the black race. According to Punch, the former president explained that regionalism, which emerged before Nigeria’s independence in 1960, is at the root of the country’s prolonged lack of cohesion. He said, “The truth is…

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The Democratic Party candidate in the United States (US) election, Vice President Kamala Harris has said that America is absolutely ready to elect its first woman president.With two weeks to the election, the vice president downplayed her historic bid, noting that she simply wanted to ‘turn the page for a nation exhausted’ by her Republican rival, Donald Trump. As the election nears, the two candidates are saturating swing states with rallies and taking to the airwaves and podcasts on the hunt for an advantage in a race that polls suggest is effectively tied.Speaking on the national NBC network on Tuesday,…

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The Managing Director of the Transmission Company of Nigeria (TCN), Sule Abdulaziz has expressed optimism that the nation will attain a 24-hour stable power supply within five years. He disclosed this during an interview with Channels TV in Abuja on Sunday. When he was asked the time Nigeria could generate between 25,000 megawatts (MW) needed for consistent power, he assured that this goal would be achieved in under five years. He said, “You know you said whether we can get it in ten years. I’m telling you, we are going to get it in less than five years. “The Minister…

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As part of its measures to ease the financial burden on Nigerians, the Federal Government has introduced a new bill seeking to exempt a range of essential products and services from Value Added Tax (VAT). The bill, covering both the economic and social sectors, is titled “A Bill for an Act to Repeal Certain Acts on Taxation and Consolidate the Legal Frameworks relating to Taxation and Enact the Nigeria Tax Act to Provide for Taxation of Income, Transactions, and Instruments, and Related Matters.” It was sighted by New Daily Prime on Saturday. The government said its sole essence is to…

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