Author: New Daily Prime

As Ondo State prepares for its highly anticipated off-cycle governorship election on Saturday, November 16, both the ruling All Progressives Congress (APC) and the opposition Peoples Democratic Party (PDP) are ramping up their campaigns, with top party officials and governors converging on the state to secure votes. On Wednesday, November 13, the APC staged a massive campaign rally at the MKO Abiola Democracy Park in Akure, the Ondo State capital, where key party figures including Vice President Kashim Shettima, National Chairman Abdullahi Ganduje, and several governors from the southwest, including Dapo Abiodun (Ogun), Babajide Sanwo-Olu (Lagos), Abdulrahman Abdulrasaq (Kwara), and…

Nigeria’s state-owned oil company, NNPC Limited, has executed a major leadership reshuffle at the top levels of its management, appointing new executives to key positions in a move that signals its continued focus on operational efficiency and corporate governance. In a statement released on Wednesday, November 13, NNPC confirmed the appointment of Mr. Adedapo Segun as the new Chief Financial Officer (CFO), alongside the elevation of Mr. Udobong Ntia as the Executive Vice President (EVP), Upstream. Additionally, Mr. Isiyaku Abdullahi has been named the new EVP, Downstream. These changes come as part of NNPC’s ongoing strategy to strengthen its leadership…

Former President Donald Trump returned to the White House on Wednesday for a historic meeting with President Joe Biden. This is Trump’s first visit to the White House since leaving office nearly four years ago under a cloud of controversy and scandal. The meeting, which was confirmed by the White House on Tuesday, comes as Trump begins to swiftly assemble his administration ahead of his upcoming second term. One of his first significant moves has been to appoint Elon Musk, the world’s richest man, as head of a new initiative aimed at dramatically reducing government spending. The visit also marks…

Bitcoin reached an all-time high of $90,670 on Wednesday, marking a significant milestone for the world’s largest cryptocurrency. The surge in value comes amid growing optimism surrounding President-elect Donald Trump’s support for digital assets and his pledge to ease regulations on the crypto industry. Bitcoin briefly spiked to $91,000 before settling just below that mark, as the volatile asset continued its remarkable rally following Trump’s recent victory in the U.S. presidential election. The cryptocurrency’s meteoric rise has been fueled by speculation that Trump’s administration will take a more favorable stance on crypto regulation, which has long been a contentious issue…

The National Inland Waterways Authority (NIWA) has launched a major initiative to clear water hyacinths and other debris from Lagos’ busy water channels. The clearance project, which began this week, is part of efforts to ensure smooth and safe navigation for boat operators and passengers as holiday travel ramps up. According to a statement released on Wednesday, November 13, the Lagos Area Manager of NIWA, Sarat Braimah, explained that the ongoing project will focus on key waterways in Lagos with heavy boat traffic, starting with the Omu Creeks and Ikorodu Water Channels. The Omu Creeks have already been cleared, while…

The Federal Government, state governors, and local government chairpersons have taken a significant step towards the full implementation of local government autonomy with the signing of a technical agreement aimed at empowering local governments across Nigeria. This agreement, finalised during a meeting of the Committee on Local Government Autonomy, is expected to be submitted to President Bola Tinubu for approval later this month. The news was confirmed on Tuesday, November 12, by Hakeem Ambali, the National President of the National Union of Local Government Employees (NULGE), in an exclusive interview with our correspondent. Ambali revealed that the document outlining the…

United States President-elect Donald Trump has announced that tech billionaire Elon Musk will serve in the Department of Government Efficiency. Musk will be joined by American patriot Vivek Ramaswamy, and together they will lead the department. This was disclosed in a statement issued by Trump on Tuesday, 12th November 2024, which was shared via Musk’s X handle early on Wednesday. The Republican noted that their appointments will help his administration “dismantle government bureaucracy, slash excessive regulations, cut wasteful expenditures, and restructure federal agencies.” 1.2M 347 So This Happened (EP 256) Reviews SERAP Demands For Answers Over Missing N100bn Dirty Notes,…

The National Youth Service Corps (NYSC) program may soon see a significant boost in funding, thanks to a new bill currently under debate in the Nigerian House of Representatives. The proposed NYSC Trust Fund (Establishment) Bill 2024 aims to create a sustainable financial structure to improve the training, empowerment, and overall operations of the NYSC, with a focus on addressing youth unemployment and skills development in the country. The bill, introduced by the lawmaker representing Nasarawa/Toro Federal Constituency of Nasarawa State, was first read in the House two weeks ago and is set for further debate in the coming weeks. …

Corruption within Nigeria’s power sector is at the heart of the country’s ongoing electricity grid collapses and chronic power supply issues, according to the Economic and Financial Crimes Commission (EFCC). On November 12, EFCC Chairman Ola Olukoyede shared disturbing insights during a visit by the House Committee on Anti-Corruption and Financial Crimes to the commission’s headquarters in Abuja. Olukoyede revealed that contractors awarded power supply contracts often engage in corrupt practices by using substandard materials, ultimately leading to widespread equipment failures and the recurrent collapse of the national electricity grid. He cited specific instances where contractors replaced high-quality materials, such…

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has reached a landmark agreement with the Dangote Petroleum Refinery, signaling a potential shift in the country’s fuel distribution and pricing structure. With more than 30,000 members set to buy petrol directly from Dangote’s refinery in Lekki, Lagos, this deal is poised to transform Nigeria’s fuel landscape, offering consumers relief from soaring prices and supply chain inefficiencies. Under the new arrangement, IPMAN members will have the option to purchase Premium Motor Spirit (PMS) at a rate of N940 per litre if transported via vessels, or N990 per litre when using trucks to…