President Bola Tinubu has said that while he knows that there is hardship in the land, some actions of the past were responsible. The president spoke at a meeting with the Forum of Former Presiding Officers of the National Assembly, led by former Senate President, Ken Nnamani on Friday.Expressed confidence that the country can progress through collaboration and inclusiveness, Tinubu said, ”Regardless of party differences of the past and difficulty of the present, you still believe in me and what we all plan for this country. ”I thank you very much; no one will do it better than us. I…
Author: Agency Reporter
There are palpable hope and expectations, tension and uncertainty as residents of Edo State head to the polls today.It is expectedly so, as the three leading political parties have kept the tempo very high with their candidates promising heaven and earth during the period of campaigns that traversed the nooks and crannies of the politically active state.Candidates Asue Ighodalo (Peoples Democratic Party), Monday Okpebholo (All Progressives Congress), and Olumide Akpata (Labour Party) are all huge and are very well-known to their people. Even Akpata, the ‘Political Jambite’ unlike his political heavyweight opponents, is a heavyweight elsewhere. He is a legal…
The FCT Minister hosted the G5 governors at his residence in Abuja to review recent developments and restrategize for the task ahead on Friday.
For their past criminal misconduct and misdemeanour, former Nigerian President, Chief Olusegun Obasanjo has said that some of the people in government should be behind bars permanently.The former president said this virtually at the memorial lecture of Denis Joseph Slattery in Lagos, on Thursday.The Slattery Memorial lecture was organised by the Old Boys’ Association of St. Finbarr’s College at the Civic Centre in Victoria Island.The Egba Chief noted that government officials with questionable integrity cannot make fair decisions for the greater good.The event had notable persons, including former governor of Cross River State, Donald Duke, ex-football legend, Segun Odegbami, music…
A petrol station owned by Governor Peter Mbah of Enugu State has been set ablaze.The incident happened a few hours ago.The fuel station, named Pinnacle Oil, is located along Agbani Road, directly opposite Roban Stores.Though details of the incident are still sketchy, eyewitnesses disclosed that some unidentified scruffy-looking hoodlums perpetrated the arson attack. …More details later.
Israeli Defence Forces have arrested an Israeli businessman after allegedly accepting 5,000 euros from Iran to assassinate Prime Minister Benjamin Netanyahu, Israeli authorities revealed Thursday.According to the officials, Iranian operatives aimed to use the unnamed businessman, who had ties to Turkey, to orchestrate the assassination plot against Netanyahu and other top Israeli figures, including former Prime Minister Naftali Bennett.Shin Bet, Israel’s internal security agency Director, Ronen Bar, and Israeli Defence Minister, Yoav Gallant disclosed that Tehran was behind a covert operation targeting senior Israeli officials, following the assassination of Hamas’ political chief, Ismail Haniyeh in late July.According to Mail Online…
Global financial institutions, The World Bank, and the African Development Bank have announced that they have put together $90 billion to fund electricity in Nigeria and other African countries.According to the World Bank, the project will benefit over 17.5 million Nigerians, or 20 percent of the country’s currently unserved population, while replacing over 250,000 polluting and expensive diesel generators.The aim is to split the $90 billion needed in funding equally between public funds, concessional and philanthropic finance, and commercial commitments.The fund is part of the plan from the global financial institution to provide electricity to 300 million African population.Leading climate…
The governor of Edo State, Godwin Obaseki, has said that Nigeria is technically bankrupt and must restructure to meet its financial obligations.The governor, who spoke in an interview with Channels Television on Thursday, said the federal government can no longer put a band-aid on the economy.According to him; “Nigeria is technically bankrupt. When you’re bankrupt anywhere in the world, like in The United States of America (USA), you file for what we call Chapter 11. You restructure your affairs so that you can reorganize and be able to meet obligations.“Nigeria is not restructuring its affairs. It’s still behaving as if…
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has said that Nigeria’s foreign reserves recorded a net inflow of $2.35 billion between January and July, 2024.Speaking at the Access Bank corporate forum in Lagos Thursday, the minister said the stability of the Naira in the foreign exchange (FX) market led to the increase in foreign reserves.Edun also said access to foreign exchange has improved.He said, “We have relative currency stability. And of course, the all-important margin of the rates. We’ve seen a gradual elimination of multiple exchange rates.“We also have foreign exchange liquidity. The gross reserves…
Students of the University of Ibadan, on Thursday, made a passionate plea to the President, Bola Tinubu over the recent increase in their school fees.The students, operating under the banner of Helpless and Concerned Students, in an open letter to the president, stressed that the proposed increase in undergraduate school fees has forced many students to seek financial help online.They noted that with the current economic climate in the country, they can’t put up the new fees.The students, in a statement signed on their behalf by Solomon Emiola, emphasized that the fee increase puts their academic aspirations and future at…
