Author: Friday Omosola

The Competition and Consumer Protection Tribunal has upheld $220 million administrative penalty imposed by the Federal Competition and Consumer Protection Commission (FCCPC) on Meta Platforms Incorporated (Facebook) and WhatsApp LLC. In a statement issued on Friday, Ondaje Ijagwu, Director of Corporate Affairs at the agency, announced that the tribunal upheld the commission’s legal authority and validated its investigative findings. On 19 July 2024, FCCPC imposed a $220 million fine on Meta, the parent company of WhatsApp, Facebook, and Instagram, over multiple breaches of data privacy regulations. READ ALSO: WhatsApp will stop working on these phones from May 5, 2025 Meta has,…

Former presidential candidate of the Labour Party, Peter Obi, has identified poor political leadership as the primary factor behind Nigeria’s persistent underdevelopment The former Anambra State governor said this during his lecture delivered yesterday at Johns Hopkins University, USA. Speaking on the theme ‘Politics and Change in Nigeria’ at the invitation of Professor Peter Lewis—renowned author of ‘Growing Apart: Comparing Indonesia and Nigeria’—Obi drew sharp contrasts between Nigeria and three peer nations: China, Vietnam, and Indonesia, over the last 35 years. READ ALSO: Defection: PDP undergoing rebirth, not crisis – Saraki Obi noted that in 1990, all four countries were ranked…

Vice President Kashim Shettima has called for greater collaboration between public and private sector stakeholders to unlock Nigeria’s full potential in skills development. He emphasised that a united national strategy is crucial for transforming the country’s workforce. Shettima stressed that Nigeria’s demographic advantage can only translate into real economic gains if the youth and workforce are equipped with critical, market-relevant skills. “We know that isolated programmes, no matter how well-intentioned, cannot substitute for a unified national strategy. That is why this council’s work remains indispensable. There are challenges, but we can conquer them if we act with unity, urgency, and…

Former Senate President, Bukola Saraki, has weighed in on the wave of defections currently affecting the Peoples Democratic Party (PDP). Reacting to the recent defection of Delta State Governor, Sheriff Oborevwori, alongside the party’s 2023 vice-presidential candidate, Ifeanyi Okowa, and several other prominent PDP leaders to the All Progressives Congress (APC), Saraki described the situation as a phase of ‘rebirth’ rather than decline. In a statement posted on his Instagram page on Friday, the 62-year-old politician stated that those intent on leaving the party should feel free to do so, as their exit would allow the PDP to identify its…

The National Economic Council (NEC), chaired by Vice President Kashim Shettima, has approved a series of far-reaching economic initiatives. They includes the establishment of a Cotton, Textile and Garment Development Board and the adoption of a national agribusiness and livestock transformation strategy expected to generate up to $90 billion by 2035. These resolutions were reached during the 149th NEC meeting held on Thursday at the Presidential Villa, Abuja. The Council, comprising the 36 state governors, key federal ministers, and the Governor of the Central Bank of Nigeria, also observed a minute of silence in honour of victims of recent attacks…

The National Economic Council (NEC) has called for a complete rethink of Nigeria’s traditional livestock rearing practices. NEC cited the urgent need to adopt modern, sustainable systems to curb ongoing conflicts between farmers and herders. The position was taken during NEC’s meeting on Thursday at the Presidential Villa, Abuja, chaired by Vice President Kashim Shettima. The session followed renewed outbreaks of deadly violence in parts of the country, including Plateau, Benue, and Kwara States, where dozens of residents were recently killed in attacks by suspected armed groups. Speaking after the meeting, Bayelsa State Governor, Douye Diri said the council agreed…

In a major financial commitment to secondary education, the Lagos State Government has disbursed more than ₦1.5 billion to fund WAEC fees for over 58,000 public school students who took part in the 2024 WASSCE. Announcing the development at the 2025 Ministerial Press Briefing in Alausa, Commissioner for Basic and Secondary Education, Jamiu Alli-Balogun, said the move was part of the administration’s ongoing free education initiative. The briefing marked the second anniversary of Governor Babajide Sanwo-Olu’s re-election. To ensure proper monitoring, the commissioner revealed that biometric verification and photo registration were conducted, streamlining the process and confirming 56,134 eligible cancandidates..…

The Central Bank of Nigeria (CBN) has approved the use of cash transactions for Nigerian pilgrims undertaking the 2025 Hajj pilgrimage to Saudi Arabia. This decision comes after Vice President Kashim Shettima intervened, urging President Bola Tinubu to reconsider the previously proposed mandatory use of debit cards for the Basic Travel Allowance (BTA). His appeal was relayed through the National Hajj Commission of Nigeria (NAHCON), which had raised concerns that the card system could complicate the logistics and smooth execution of the pilgrimage. Following a meeting with Shettima, NAHCON’s Commissioner for Policy, Personnel Management & Finance, Aliu Abdulrazaq, confirmed that…

President Bola Tinubu has called on world leaders to show unity, courage, and consistent commitment in tackling the escalating global climate crisis. Speaking yesterday during a high-level virtual dialogue on climate and the just transition, Tinubu reaffirmed Nigeria’s commitment to driving a new approach in which climate action and economic growth progress hand in hand, rather than in conflict. “The globital climate emergency demands our collective, courageous, and sustained leadership. For Nigeria, the urgency of this moment is clear: we view climate action not as a cost to development, but as a strategic imperative”, said Tinubu. The meeting, co-hosted by…

President Bola Tinubu has ordered an immediate overhaul of Nigeria’s national security strategy, following a wave of violent attacks in Borno, Benue, Plateau, and Kwara states. He gave the directive during a high-level security meeting with service chiefs at the State House in Abuja on Tuesday. Speaking during the over two-hour closed-door session, Tinubu condemned the continued killing of innocent Nigerians, describing the situation as intolerable. “Enough is enough,” he said, stressing that the lives of citizens must be protected at all costs. READ ALSO: Easter: Tinubu reaffirms commitment to national progress, security Briefing State House correspondents after the meeting,…