Author: Alade Adisa

The United States (US) has imposed sanctions on two China-based drone suppliers and their alleged Russian partners for supplying complete weapons systems to Russia for its war in Ukraine. According to CNN, the US has long accused China of supporting Russia’s war effort by supplying dual-use goods and components that could be used in the manufacture of weapons, which Beijing denies. However, the US Treasury Department accused the Chinese firms of direct involvement in arms supplies to Moscow in an announcement Thursday. The statement said the Chinese companies had collaborated with Russian defence firms in the production of Moscow’s “Garpiya…

The World Bank has promised more financial support for Nigeria this year. World Bank Country Director for Nigeria, Ndiame Diop, who spoke to journalists after the launch of the country’s development update report in Abuja on Thursday, said while Nigeria is qualified for more technical and financial support, what matters is the implementation. According to him, “Nigeria is a very important partner for the World Bank. “And we’ve been providing technical support but also financing. Our financing comes with technical support, implementation support and really making sure that things go according to plan. “In addition to the concessionality in the…

The Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Corporation (NNPC) Limited, Mele Kyari, has disclosed that petrol smugglers exploited subsidy loopholes, making not less than N17 million per truck in neighboring countries. Kyari revealed this on Monday while fielding questions from journalists in Abuja on the government’s efforts to deregulate the oil and gas sector. The NNPC chief explained that cross-border smuggling was rampant due to the fuel subsidy, with a 6,000-liter truck netting smugglers no less than N17 million per trip. He, however, noted that the same truckload would generate no more than N500,000 if sold…

The Peoples Democratic Party (PDP) has said that it has resolved the crisis in the party’s National Working Committee (NWC). Governor Bala Mohammed of Bauch who is the Chairman of PDP Governors’ Forum (PDPGF), governors elected on the platform of the party, disclosed the development on Tuesday. Mohammed and the PDP acting national chairman, Ambassador Umar Ilyas Damagun, spoke with few reporters on Tuesday morning at the private departure lounge of the Nnamdi Azikwe airport in Abuja, Mohammed. They affirmed the crisis was over with the suspended NWC members fully back in office with the restoration of the status quo…

If a new income tax bill is passed by the National Assembly, Nigerians earning N100 million and above monthly will face a 25 percent personal tax rate. This is the submission of the Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele at a breakout session of the ongoing 30th Nigeria Economic Summit (NES) organized by the Nigerian Economic Summit Group (NESG) and the Ministry of Budget and National Planning in Abuja on Monday. According to him, there is a need to strike a balance between easing the tax burden for lower-income earners and ensuring the wealthy…

The Nigerian Football Federation (NFF) has released an official statement comprehensively detailing the inhumane treatment the players and officials of the national men’s football team, the Super Eagles, were subjected to by Libyan airport officials. Upon arrival in Libya on Sunday for the second leg of their 2025 Africa Cup of Nations (AFCON) qualifying match, following their 1-0 victory in Uyo, Akwa Ibom on Friday, the Super Eagles players were held at the Al Abraq airport for over 20 hours. Following a huge condemnation from every quarter, the NFF announced the team’s withdrawal from the qualifying match and asked them…

The controversy over Nigeria’s tertiary institution admission age policy just took a new turn as a 15-year-old student has taken the education ministry, the Joint Admissions and Matriculation Board (JAMB), and the National Universities Commission (NUC) to court. Chinaemere Opara, the senior secondary student (SSS), filed the suit at the federal high court in Abuja on Monday through his father, Maxwell Opara, who is a lawyer. The education ministry had in July introduced a policy adopting 18 as the minimum age for tertiary institution admissions. It said the policy, which is to take effect in 2025, will ensure candidates are…

The leading global financial institution, the World Bank has said that for Nigeria to significantly transform its economy, it must maintain its current reforms for the next 10 to 15 years. This was the submission of the Senior Vice-President of the World Bank Group, Indermit Gill. Gill spoke on Monday at the ongoing 30th Nigerian Economic Summit (NES), organized by the NES Group (NESG) in collaboration with the Ministry of Budget and National Planning. Themed “Collaborative Action for Growth, Competitiveness, and Stability,” the three-day summit is being held in Abuja. The World Bank chief, in his welcome address, said the…

The men’s national football team, the Super Eagles have finally arrived in the country from Libya. The players and their officials landed at the Aminu Kano International Airport on Monday night. The contingent was stranded at the Al Abaq Airport in Libya for several hours after arriving in the North African country on Sunday. The Nigeria Football Federation (NFF) took the decision to pull out of the 2025 Africa Cup of Nations qualifying matchday four encounter following the inhumane treatment the players were subjected to in Libya. The encounter was earlier scheduled to hold in Benina on Tuesday. Neither the…

A forum association of governors elected under the Peoples Democratic Party, the Peoples Democratic Party Governors’ Forum, (PDP-GF), has commiserated with Senator Ahmed Makarfi, a former governor of Kaduna State over the death of his son. Faisal, the eldest son of the former governor died in a car accident on the Kaduna-Zaria highway on Saturday evening. Chairman of the forum, Governor Bala Mohammed of Bauchi State, made the condolence in a statement issued by its Director-General, Emmanuel Agbo, on Monday in Abuja. Also, commiserating with the Makarfi family, friends, and the people of Kaduna State over the loss, Mohammed said…