The Federation Account Allocation Committee (FAAC) has disbursed a total of ₦1.578 trillion among the three tiers of government for the month of March 2025. This was disclosed in a communiqué released by the Director of Press and Public Relations, Office of the Accountant-General of the Federation, Bawa Mokwa, on Saturday. According to the communiqué, the total distributable revenue comprised ₦931.325 billion in statutory revenue and ₦593.750 billion from Value Added Tax (VAT). Also included were revenues from the Electronic Money Transfer Levy (EMTL) and exchange rate gains. Breakdown of the allocation shows that the Federal Government received ₦528.69 billion,…
Author: Elizabeth Jenrola Oso
Peter Obi, the Labour Party (LP) presidential candidate in the 2023 general elections, has voiced deep disappointment after being barred from visiting internally displaced persons (IDP) camps and healthcare institutions in Benue State. In a statement released via his official X (formerly Twitter) account on Monday, April 14, Obi alleged that the Benue State Government deliberately obstructed his visit, which was part of a broader outreach initiative targeting vulnerable communities across Nigeria. The visit to Benue was scheduled for April 14, following an earlier stop in Plateau State on April 13, where he was warmly received by Governor Caleb Mutfwang.…
Tragedy struck Morai town in Talata Mafara Local Government Area of Zamfara State on Monday night, April 14, 2025, as armed bandits launched a deadly attack that claimed the lives of at least four residents, including a former local government sole administrator, Saminu Morai. Several other residents were reportedly abducted during the raid. According to community sources, the assailants stormed the town late in the night, shooting sporadically and causing widespread panic. The coordinated assault, described by locals as “brutal and shocking,” left the town in a state of chaos. “Bandits attacked Morai town in Talata Mafara, killed the former…
Grief and shock have gripped the residents of Akpakoruk Street, Atan Ofot, in Uyo, Akwa Ibom State, following the tragic suicide of a young man, Utibe Eteffia, reportedly defrauded by internet fraudsters. Eteffia, said to be in his early 30s and a native of Ini Local Government Area, allegedly took his own life after losing N2.5 million to suspected Yahoo Boys. He was the operator of a Point of Sale (PoS) business situated opposite the State Council Secretariat of the Nigeria Union of Journalists (NUJ), and was well known in the community. According to multiple sources, Eteffia ingested a poisonous…
The UN’s trade and development arm, Unctad, is calling on Donald Trump to exempt the world’s poorest and smallest countries from “reciprocal” tariffs, or risk “serious economic harm”. In a report published on Monday, Unctad identifies 28 nations the US president singled out for a higher tariff rate than the 10% baseline – despite each accounting for less than 0.1% of the US trade deficit. These include Laos, which is expected to face a 48% tariff; Mauritius, on 40%; and Myanmar, to be hit with 45%, despite trying to recover from a devastating earthquake. The White House last week put…
Troops of the Nigerian Army has uncovered 11 new bunkering facilities, made some seizures and arrested seven suspects during a six-day operation conducted in Akwa Ibom, Bayelsa, Delta and Rivers. Lt.-Col. Danjuma Danjuma, spokesman for the Nigerian Army 6 Division, Port Harcourt, made this known in a statement on Monday in Port Harcourt. He said that seven suspects were arrested during the operations. ”Troops seized 13,600 litres of stolen crude oil, 4,890 litres of adulterated diesel, and 37,700 litres of various other unspecified petroleum products during the raids. ”Soldiers in Rivers raided the Imo River area, where they discovered six…
Another 10 alleged gang members have been deported to El Salvador, secretary of state Marco Rubio said on Sunday, a day before that country’s president is due to visit the White House. “Last night, another 10 criminals from the MS-13 and Tren de Aragua Foreign Terrorist Organizations arrived in El Salvador,” Rubio said in an X/Twitter post. The alliance between Donald Trump and El Salvador president Nayib Bukele “has become an example for security and prosperity in our hemisphere”, Rubio added. The US president is due to meet Bukele at the White House on Monday. It comes as US officials…
Few days after publicly voicing out that she would not mind remarrying as a second, third, fourth or even fifth wife, social media influencer, Toke Makinwa has disclosed that she’s been flooded with marriage proposals. NEW DAILY PRIME reported that the svelte lady expressed her frustration at the loneliness and lack of spousal support she was going through because of her single state and declared her readiness to remarry regardless of the set-up. During a recent episode of her podcast, Toke Moments, she spoke candidly about how her perspective on marriage has shifted over the years. In the viral clip,…
An unnamed student at the Obafemi Awolowo University, Ile-Ife Distant Learning Centre, has reportedly died after being electrocuted while retrieving a ball from a compound in Moro, Osun State. According to eyewitnesses, the incident happened on Saturday evening in a private hostel located along the Moro/Ife route. The deceased had reportedly gone to the compound next to the one where he lived to retrieve a ball and after retrieving the ball, he was said to have thrown it to his colleagues and was about to jump over the fence when, unknowingly, he had contact with a high-tension wire, which immediately…
Prada has agreed to buy the Versace fashion brand for €1.25bn ($1.38bn) from the fashion conglomerate Capri Holdings. It comes after months of speculation about a potential deal to combine the two Italian fashion houses and, more recently, rumours that the acquisition was set to collapse after market upheaval in response to President Trump’s tariff policies. Insiders say the original deal was expected to be agreed at €1.43bn, but a discount of about €180m was achieved because the recent market turmoil and trade uncertainty has hit the retail industry particularly hard. Capri, which also owns Michael Kors and Jimmy Choo,…
