Author: Alade Adisa

The presidential candidate of the Labour Party in the 2023 general elections, Peter Obi has said that he is not interested in any coalition with the sole aim of grabbing power from the ruling All Progressives Congress in the 2027 general elections. The former Anambra State governor spoke when fielding questions from journalists at the sidelines of a two-day National Conference on ”Strengthening Democracy in Nigeria” in Abuja on Monday. The businessman-cum politician declared that his focus remains on addressing critical national issues rather than engaging in political power struggles. His statement reads, “Mr. Chairman, one of the most important…

Alarmed by the huge number of casualties in tanker fire incidents in the country of late, the Federal Road Safety Corps (FRSC) has warned Nigerians to stop scooping fuel from crashed trucks loaded with petrol. The FRSC Corps Marshal, Shehu Mohammed, gave this warning while addressing newsmen on Monday in Abuja on its recently concluded Operation Zero Tolerance. He expressed sadness over the rising number of collisions and fatalities, especially the rate of deaths arising from the removal of petroleum products from crashed tankers. Mohammed explained that fallen tankers were the reason for the rise in fatalities in 2024. He…

A former Deputy Majority Leader of the Lagos State House of Assembly, Olumuyiwa Jimoh, has said that Mudashiru Obasa, the former Speaker, should be suspended from the House for insisting that he remains the Speaker of the Assembly despite his removal. Jimoh, who spoke on Channels Television’s Sunrise Daily programme on Monday. said, ”He (Obasa) claims that he is still the speaker, which I think he knows that the implication is automatic suspension. I feel he should be suspended for that. It is an impersonation. “How can he be the bona fide speaker of the house? It is going to…

As Nigeria battles rising inflation rates, which reached a near 30-year high of 34.8% in December 2024, the Financial Reporting Council (FRC) has reassured Nigerians that the country has not entered a hyperinflationary economy. In a statement signed by its Executive Secretary, Dr. Rabiu Olowo, the FRC clarified that the application of International Accounting Standards (IAS) 29, which governs financial reporting in hyperinflationary economies, is unnecessary for the 2024 financial year. Rising Inflation: Key DriversAccording to the National Bureau of Statistics (NBS), inflation climbed from 34.6% in November to 34.8% in December, marking the fourth consecutive monthly increase. Key contributors…

LAGOS, Jan 23 – Nigeria’s Central Bank Governor, Olayemi Cardoso, has announced an optimistic economic outlook for 2025, projecting a GDP growth of 4.17%. Speaking at a conference on Thursday, Jan 23, 2025; Cardoso attributed the anticipated expansion to ongoing reforms and stabilizing inflation in Africa’s most populous nation. Reforms implemented by President Bola Tinubu’s administration in 2023, including the removal of petrol subsidies and the devaluation of the naira currency, initially stoked inflation. However, Cardoso expressed confidence that these measures would soon begin to bear fruit, reducing the current inflation rate of 34.8%. Rising Foreign Exchange Reserves and Oil…

A prominent chieftain of the All Progressives Congress (APC), Fouad Oki, has called on the impeached Speaker of the Lagos State House of Assembly, Mudashiru Obasa, to focus on his legislative responsibilities and move on from his bid to reclaim the speakership position. Obasa, who was removed from his role last Monday, continues to assert that he remains the rightful Speaker of the Lagos Assembly. However, Oki has urged the lawmaker representing Agege Constituency to abandon his efforts to return to the leadership seat and instead dedicate himself to his duties as an active member of the legislature. Speaking during…

As women have made gains in leadership roles and narrowed the gender wage gap with men, many U.S. teens say women still face discrimination in these areas. And girls are much more likely than boys to say this, according to a Pew Research Center analysis of survey data from the University of Michigan. Overall, shares ranging from 48% to 53% of the nation’s 12th graders said in 2022 that women face a great or good deal of discrimination when it comes to: Smaller shares said there’s very little or no discrimination against women in these areas. Views were more mixed on whether women are…

According to the Pew Research Center, women aged 25 to 34 are more likely than men in the same age group to hold a bachelor’s degree. This gender gap in degree completion is evident across all major racial and ethnic groups, though the extent of the gap varies significantly. In 1995, young men and women were equally likely to hold a bachelor’s degree (25% each). Since then, there has been a growing gap between men and women in college completion. Today, 47% of U.S. women ages 25 to 34 have a bachelor’s degree, compared with 37% of men. The…

Mexico has been receiving non-Mexican deportees from the United States over the past week, President Claudia Sheinbaum said on Monday, reversing her previous opposition to doing so. Sheinbaum said that Mexico had accepted over 4,000 deportees, of which a “large majority” were Mexican. U.S. President Donald Trump took office last week, promising massive deportations of migrants who were in the U.S. illegally. But in the days since, there has not yet been a “substantial” increase in deportees received by Mexico, Sheinbaum said. The leftist leader had previously said that her administration had not agreed to the restart of the “Remain…

The vice president, Kashim Shettima has expressed the determination of the ruling All Progressives Congress (APC) administration to fight corruption and fix the economy. Shettima also stated that the government is on the path of enthroning national cohesion and strengthening the independence of the judiciary. The vice president spoke at the national conference on strengthening democracy in Nigeria on Monday in Abuja. The conference themed, ‘Strengthening Nigeria’s democracy: Pathways to good governance and political integrity’, was organised by the African Centre for Leadership, Strategy and Development. Shettima, who was represented by his Special Adviser on Political Issues, Hakeem Baba-Ahmed, admitted…