The Nigerian National Petroleum Company (NNPC) Limited, through its retail outlets, has increased the price of petrol from N965 to N990 per litre in the Federal Capital Territory. The corporation also increase the price to N960 per litre in Lagos from N925. NEW DAILY PRIME reports that the increase is not unconnected with the rise in crude oil prices in the international market. The Minister of Petroleum Resources (Oil), Heineken Lokpobiri, had last week, during the inaugural Petroleum Industry Stakeholders Forum which was held in Abuja said deregulation has fully set in the sector as global oil price will now…
Author: Alade Adisa
A former presidential aspirant on the platform of All Progressives Congress (APC) in the 2023 elections, Mr Tunde Omosebi, has sued the Central Bank of Nigeria (CBN) and others for 990 trillion pounds in damages for allegedly violating his fundamental rights. Omosebi, in the suit filed before Justice James Omotosho of a Federal High Court in Abuja, also prayed the court for an order converting the CBN to a Reserve Bank of Nigeria (RBN). He also urged the court to make an order that the commercial banks involved in the alleged financial irregularities operating and contributed to the disadvantaged economy…
President Bola Tinubu has approved the establishment and development of Inland Dry Ports (IDP) in Ijebu-Ode and Moniya in Ogun State and Oyo State, respectively, as part of his efforts to reduce congestion within seaports in Lagos, eliminate chronic delays and boost the nation’s economy. The Minister of Marine and Blue Economy, Adegboyega Oyetola disclosed this in Abuja, yesterday, during the 2025 Budget Defence to the Joint Committee of the Senate on Marine Transport and House of Representatives Committees on Ports and Harbour, Maritime Safety, Education and Administration, Inland Waterways and Shipping Services. -According to him, the inland ports are…
A collection of advocacy groups led by the American Civil Liberties Union (ACLU) filed a federal lawsuit late Monday challenging President Donald Trump’s executive order to halt the automatic granting of citizenship to children born in the United States. Trump signed his order to deny citizenship to children whose mothers were unlawfully present in the United States when they were born and the father wasn’t a citizen or legal permanent resident, or when the mother’s presence was lawful but temporary and the father wasn’t a citizen or lawful permanent resident. The order was part of a series that sought to…
The President, Asiwaju Bola Tinubu is currently locked in a closed-door meeting with Governor Sim Fubara of State of Rivers State and the leaders of Ogoniland at the presidential Villa, Abuja. According to Vanguard, the governor arrived with a delegation that comprised Senators Lee Maeba, Magnus Abe and Olaka Nwogu, Chief Victor Giadom, Chief Kenneth Kobani, Monsignor Pius Kii, Ledom Mitee, as well as Senators Bennett Birabi, Barry Mpigi and Joe Poroma. Also present are the Group Chief Executive Officer of the Nigeria National Petroleum Company Limited (NNPCL), Mele Kyari; the Minister of Environment, Balarabe Abba; Minister of Information and…
The Federal Government has given its nod to the establishment of Bola Ahmed Tinubu Federal Polytechnic in Gwarinpa, Federal Capital Territory (FCT) Abuja as part of its national policy to promote technological, vocational, and entrepreneurial training. A letter dated January 9, 2025 and addressed to the FCT Minister, Nyesom Wike by the Minister of Education, Dr. Tunji Alausa, stated that the initiative aligns with the Federal Government’s plan to ensure each state in the federation has one federal polytechnic. The letter was received by the office of the FCT minister on January 16, 2025. The letter read, “In view of…
Nearly 1,660 Afghans cleared by the U.S. government to resettle in the U.S., including family members of active-duty U.S. military personnel, are having their flights canceled under President Donald Trump’s order suspending U.S. refugee programs, a U.S. official and a leading refugee resettlement advocate said on Monday. The group includes unaccompanied minors awaiting reunification with their families in the U.S. as well as Afghans at risk of Taliban retribution because they fought for the former U.S.-backed Afghan government, said Shawn VanDiver, head of the #AfghanEvac coalition of U.S. veterans and advocacy groups and the U.S. official, who spoke on condition of anonymity.…
Vivek Ramaswamy exits the Department of Government Efficiency (DOGE), citing confidence in Elon Musk’s leadership. Speculation suggests he’s aiming for Ohio’s governor race in 2026. His candidacy, if successful, would make him the first Indian American Governor of Ohio. DOGE faces criticism over transparency and programme cuts, adding complexity to the situation. Indian-American entrepreneur and politician, Vivek Ramaswamy confirmed Monday his departure from the “Department of Government Efficiency” (DOGE) in a post on X (formerly Twitter), hours after Donald Trump assuming charge at the White House. Responding to a reporter who cited unnamed sources about his resignation, Ramaswamy acknowledged his…
Elon Musk was so excited about President Donald Trump’s inauguration Monday that he threw out two stiff-armed salutes that looked just like what the bad guys in World War II movies do, but to some, it looked like a Nazi salute. Before appearing to “heil” the crowd, Musk told Trump supporters at a post-inauguration rally in Capitol One Arena: “There are elections that come and go, and some elections are important and some are not, but this one really mattered. And I just want to say thank you for making it happen.” He then thumped his heart with his right…
Following a 50% tariff hike by the Nigerian Communications Commission (NCC) on Monday, Nigerians will now pay N16.5 per minute for calls and N431.25 to subscribe to 1GB of data. Last week, the Minister of Communications and Digital Economy, Bosun Tijani, hinted that telecom tariffs will go up by either 30 or 50 percent. His position came from a fallout of a meeting between him and operators who had proposed a 100 percent tariff increase. The latest telecom tariff hike approval comes 13 years after NCC announced price template in 2013. Meanwhile, with the latest tariff hike approval, it means…