Author: Friday Omosola

An elated President Bola Tinubu has hailed Shell and its partners—Nigerian National Petroleum Corporation (NNPC), ExxonMobil, TotalEnergies, and Eni—for their investments in the Bonga North oilfield.The President in a statement by his Special Adviser on Information and Strategy, Bayo Onanuga today, described the partnership as a testament to the success of his administration’s economic reforms and policies.Shell, a global leader in energy and petrochemicals, focuses on delivering sustainable solutions to meet the world’s energy demands.Tinubu said the consortium has reached a Final Investment Decision (FID) on the Bonga North Deep Offshore Field. This move, he stated, underscored renewed confidence in…

President Bola Tinubu has called on West African leaders, to emulate Ghana’s exemplary democratic practices, emphasizing the importance of peaceful transitions and national unity in fostering regional stability. Speaking at the 66th Ordinary Session of ECOWAS in Abuja, P Tinubu hailed Ghana’s recent presidential and parliamentary elections, highlighting the concession by the ruling New Patriotic Party (NPP) and Vice President Mahamudu Bawumia to President-elect John Dramani Mahama of the National Democratic Congress (NDC) as a sign of political maturity. “This gesture, like what we achieved in Nigeria in 2015, demonstrates respect for the will of the people and a commitment…

Governor, Hyacinth Alia of Benue State has strengthened the state’s security with the inauguration of 5,000 personnel of the State Civil Protection Guards. This was disclosed on the Facebook page of the governor yesterday. Also,in a bold initiative to enhance the operational capacity of security agencies, the state government also donated 100 new Hilux vehicles and 600 Special Combatant motorcycles. The governor equally unveiled the Operation “Anyam Nyor” Joint Security Task Force, an initiative designed to fortify Benue’s State security framework and decisively tackle criminality across the state. Alia further stressed the importance of the measures put in place in…

The Socio-Economic Rights and Accountability Project (SERAP) has sued 57 President Bola Tinubu.over alleged mismanagement of N57 billion by the Federal Ministry of Humanitarian Affairs and Poverty Allievation The human rights body, in a statement on its website today, said it sued Tinubu over his administration’s failure to investigate the alleged disappearance of over N57 billion from the said ministry in 2021. The lawsuit, filed at the Federal High Court in Lagos, also names the Attorney General of the Federation and Minister of Justice, Lateef Fagbemi as a respondent. SERAP is urging the court to compel President Tinubu to direct…

In a major milestone for Nigeria’s oil and gas sector, Vice President Kashim Shettima today in Dubai, commissioned a $315 million Floating Production, Storage, and Offloading (FPSO) vessel built by Oriental Energy Resources Limited. In a statement posted on his X ,Stanley Nkwocha, Shettima’s spokesperson ,said the Vice President who represented President Bola Tinubu presided over the commissioning held at Drydocks World Dubai Shipyard in the United Arab Emirates(UAE).The Vice President hailed the project,describing it as a testament to Nigeria’s oil sector reforms. The FPSO, named ENEM, boasts a storage capacity of one million barrels and will begin production at…

The Federation Account Allocation Committee (FAAC) has distributed a whopping sum of N1.727 trillion to the Federal Government, states, and local government councils (LGCs) as Federation Allocation for November 2024. This was disclosed during FAAC’s December 2024 meeting, chaired by Wale Edun, the Minister of Finance and Coordinating Minister of the Economy. The allocation, drawn from a gross total revenue of N3.143 trillion, included contributions from Gross Statutory Revenue, Value Added Tax (VAT), Electronic Money Transfer Levy (EMTL), and Exchange Difference (ED). The Federal Government received N581.856 billion, states were allocated N549.792 billion, and local government councils received N402.553 billion.…

South Korean President Yoon Suk Yeol today announced he would ‘step aside’ following a parliamentary vote to impeach him, urging an end to divisive and confrontational politics. In its Saturday’s report, it was stated that in a televised address, Yoon acknowledged the decision, signaling his temporary withdrawal from the political stage. “Though I must now step aside for a while, the journey toward the future must never come to a stop,” he said. The National Assembly’s impeachment vote saw 204 out of 300 lawmakers supporting Yoon’s removal, with 85 opposing, three abstaining, and eight votes nullified. The president faces allegations…

Empowers 1000 women President Bola Tinubu’s wife, Oluremi, has encouraged girls who dropped out of school due to early pregnancy, abuse, domestic violence, or financial difficulties not to give up on achieving their dreams. Oluremi Tinubu made the appeal yesterday during the commissioning and handover of the Alternative High School for Girls in Osogbo, Osun State. The school, established under the Renewed Hope Initiative (RHI) in collaboration with the Universal Basic Education Commission (UBEC), is part of the RHI Access to Education for All Programme. It is designed to offer a second chance at formal education to girls and women…

Governor Caleb Mutfwang of Plateau State has said that the state is open for both local and foreign investors, emphasising its readiness to transform livestock production into a major revenue earner. In a statement today ,Gyang Bere, the Director of Press and Public Affairs to the governor, said he made this commitment during a strategic meeting held yesterday at the New Government House, Rayfield, Jos. The session which featured delegations from the World Bank and the Federal Government, focussed on the Livestock Productivity and Resilience Support Project (L-PRES). Mutfwang highlighted the state’s comparative advantage in livestock farming and announced plans…

Vice President Kashim Shettima today departed Abuja for Dubai, United Arab Emirates,(UAE), to represent President Bola Tinubu at the commissioning of a Nigerian owned $315 million oil production and storage facility. In a statement, Stanley Nkwocha, the Vice President spokesperson, said the project, owned by Oriental Energy Limited, a Nigerian oil and gas company, will be commissioned tomorrow. Following the Dubai event, Shettima will travel to Saudi Arabia to perform the Lesser Hajj (Umrah) in the holy cities of Madinah and Makkah from December 16 to 19, 2024. While in Jeddah, he will also meet with the President of the…