Author: Damilola

Reads when he's not writing.

Atiku Abubakar delivering a statement criticising Nigeria’s reported pipeline security spending.

Former Vice-President Atiku Abubakar has criticised what he described as a “lack of commitment” by the Independent National Electoral Commission (INEC) to improving Nigeria’s electoral process. In a statement on Friday, the 2023 presidential candidate said Nigerians expect the commission to collaborate with the National Assembly on electoral reforms that will strengthen transparency and credibility. Atiku made the remarks during a meeting with a European Union delegation led by Barry Andrews, a member of the European Parliament and head of the EU Election Observation Mission for the 2023 polls. The visit, he noted, was a follow-up on recommendations issued after…

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Oba Rashidi Ladoja crowned as the 44th Olubadan of Ibadanland during a traditional ceremony in Ibadan.

The Olubadan of Ibadanland, Oba Rasheed Ladoja, has disclosed distancing himself from active politics to concentrate on his responsibilities as a king. The monarch stated this during a visit to him after his coronation by ex-Vice President Atiku Abubakar, former Senate President, Iyorchia Ayu, ex-governors Nasir El-Rufai (Kaduna), Liyel Imoke (Cross River), among other politicians. The New Daily Prime reported Oba Ladoja was officially installed as the 44th Olubadan of Ibadanland last Thursday. The historic coronation ceremony took place at Mapo Hall, Ibadan, where Governor Seyi Makinde formally presented the Staff of Office to the new monarch at precisely. The…

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Fuel tankers lined up at a Nigerian fuel depot amid falling petrol prices.

Nigeria may be plunged into darkness from Monday as power generation companies warn of an imminent shutdown of thermal plants, following directives from the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN). Joy Ogaji, Executive Secretary of the Association of Power Generating Companies, sounded the alarm in a WhatsApp message on Sunday, disclosing that gas suppliers had already notified power firms to halt deliveries in compliance with the union’s strike order. “Good day, all. Thermal GenCos have received notification from our gas suppliers to shut down our thermal power plants following directives from PENGASSAN. The Nigerian Gas Infrastructure…

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Aliko Dangote addresses investment challenges and defends Dangote Refinery’s fuel distribution amid monopoly and labour dispute claims.

The Dangote Petroleum Refinery has backtracked on its earlier decision to halt petrol sales in naira, confirming on Saturday that transactions in the local currency have resumed following federal intervention. In a memo to fuel marketers, the refinery cited the role of the Naira-for-Crude Technical Committee in resolving the impasse. “Following the intervention of the Naira for Crude Technical Committee Chairman, we are pleased to inform you of the resumption of PMS sales in Naira commencing immediately. You may kindly proceed to place your orders in Naira for both self-collection and free delivery of PMS to the earlier advised locations…

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Fuel tankers lined up at a Nigerian fuel depot amid falling petrol prices.

The Dangote Petroleum Refinery has announced it will no longer sell petrol in naira, a move that has unsettled fuel marketers and reignited concerns over possible hikes in pump prices and forex pressures. In an email to customers sent at 6:42 p.m. on Friday, the refinery said the suspension takes effect from Sunday, September 28, 2025, blaming the decision on the exhaustion of its crude-for-naira quota. The notice, signed by the Group Commercial Operations of Dangote Petroleum Refinery & Petrochemicals and titled “Suspension of DPRP PMS Naira Sales – Effective 28th September 2025”, read: “We write to inform you that…

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Public debt

At least 20 Nigerian states collectively borrowed nearly N458bn in the first half of 2025, despite enjoying a surge in federal allocations within the same period. Fresh loans were taken against the backdrop of worsening debt servicing costs. States spent about N235.6bn on external debt repayments between January and June, a 68 per cent jump from the N139.9bn recorded a year earlier. The increase reflects the burden of dollar-denominated obligations made heavier by the naira’s decline. Data from the National Bureau of Statistics shows that the Federal Account Allocation Committee disbursed N10.13tn across all levels of government in the first…

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Palace of Olubadan of Ibadan

A former Governor of Oyo State, Rashidi Ladoja, was on Friday, September 26, 2025, officially crowned as the 44th Olubadan of Ibadanland, marking a significant moment in the rich traditional history of the ancient city. The coronation ceremony took place at the Ose Meji Temple in Ibadan South-East Local Government Area, where Oba Ladoja received his royal title in accordance with longstanding custom. Earlier in the day, he was adorned with the sacred Akoko leaf at the Labosinde Compound, Oja’ba, a crucial step in the traditional rites leading to his ascension. The demise of the 43rd monarch of the ancient…

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