Author: New Daily Prime

Osun State Government secretariat amid redeployment of local government officials.

The Osun State Park Management System has accused the police of shooting its chairman, Nurudeen Iyanda, also known as Alowonle, while he was in custody. The accusation followed Iyanda’s arrest in connection with a domestic issue on Tuesday, November 19 morning. In a statement issued by the group’s Secretary, Mukaila Popoola, the Park Management System alleged that Iyanda was shot in the early hours of Tuesday under circumstances that warrant a full investigation. Popoola urged members to remain calm and avoid taking the law into their own hands, assuring them that the matter would be pursued through the appropriate legal…

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A new report by TLP Advisory, a Nigerian venture law firm, reveals that 51% of startups in Nigeria face significant challenges in securing funding, with currency volatility and limited access to investors cited as the primary barriers. The report, titled “A Decade of the Nigerian Venture Ecosystem: Numbers, Insights & Stories,” was launched on Tuesday, November 19, offering a detailed analysis of Nigeria’s startup landscape over the past ten years. It highlights the growth of the ecosystem, as well as the ongoing challenges, especially amid the country’s economic instability. Despite a record $3 billion in venture capital investments in 2021,…

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Benue State Governor, Hyacinth Alia, has approved a new minimum wage of ₦75,000 for state workers, effective November 2024. The governor made the announcement following a meeting with representatives of organised labor on Monday, November 18, in Makurdi. A statement from his Chief Press Secretary, Tersoo Kula, confirmed that the new wage would replace the existing minimum wage structure, reflecting the administration’s commitment to improving workers’ welfare. Governor Alia also assured workers that the remaining three months of the five-month salary arrears, which had been promised by his administration, would be paid as planned in the 2024 budget. These arrears…

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The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has credited President Bola Tinubu’s initiatives, particularly the decision to halt the importation of fuel, for rescuing Nigeria from a potential economic disaster. Edun made this statement on Monday, November 18, in Bauchi, during the opening of the National Council on Finance and Economic Development (NACOFED) conference, which carried the theme, “Fostering Economic Growth in Challenging Times.” He explained that while President Tinubu’s administration inherited both the nation’s assets and liabilities, decisive steps were necessary to stabilise the economy and move forward. According to Edun, one of the…

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EFCC Chairman Ola Olukoyede speaks in Abuja, announcing the recovery of funds from the collapsed CBEX investment scheme and ongoing prosecution of suspects.

The Economic and Financial Crimes Commission (EFCC) has dismissed two of its staff members over allegations of corruption, with plans for their prosecution now underway. EFCC Chairman, Mr. Ola Olukoyede, made the disclosure on Monday, November 18, at the opening of the 6th Annual Criminal Law Review Conference organised by the Rule of Law Development Foundation in Abuja. Olukoyede revealed that the two staff members were dismissed two weeks ago for misconduct, emphasising that such actions are in line with ongoing reforms within the commission. “We cannot be fighting corruption with dirty hands,” Olukoyede stated. “Those who come to equity…

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Osun APC rejects Governor Adeleke’s defection bid, calling him a political liability seeking refuge ahead of 2026.

Osun State Governor, Ademola Adeleke, has accused Dr. Abdullahi Ganduje, the National President of the All Progressives Congress (APC), of attempting to destabilise the South West region and undermine President Bola Tinubu’s leadership. The accusation follows Ganduje’s comments about “seizing Osun in 2026” after the APC’s victory in the recent Ondo State governorship election. In a statement issued on Monday, Adeleke condemned Ganduje’s remarks as anti-democratic and said they posed a threat to the peace and unity of the South West. The statement, signed by Adeleke’s media aide Olawale Rasheed, responds directly to Ganduje’s declaration, which appeared to challenge the…

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The Confederation of African Football (CAF) has revealed its final shortlist for the prestigious African Player of the Year award, with Nigerian striker Ademola Lookman among the standout nominees. The announcement on Monday highlighted a competitive field of five top African footballers vying for the coveted honor.* Lookman, who has enjoyed a remarkable season with Atalanta, is joined by South African goalkeeper Ronwen Williams, Morocco’s defensive star Achraf Hakimi, Ivory Coast winger Simon Adingra, and Guinea’s prolific striker Serhou Guirassy. The talented five are set to compete for the title of Africa’s best male footballer, with each player having made…

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Prominent Nigerian lawyer and human rights activist, Femi Falana, has sparked controversy with his recent remarks about Pastor Enoch Adeboye, the General Overseer of the Redeemed Christian Church of God (RCCG). In a live interview with Sahara TV, Falana accused Adeboye of constructing “business centers” instead of genuine religious institutions. Falana’s criticism came in response to a statement from Pastor Adeboye, where he shared plans to open more churches across Nigeria to ensure that people have a place of worship within walking distance. According to Falana, the expansion of churches in this manner was not a religious initiative but a…

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A group in Rivers State, the Rivers Restoration Movement (RRM), has strongly criticised former Niger Delta militant leader, Mujahid Asari-Dokubo, for his recent comments attacking President Bola Tinubu and Minister of the Federal Capital Territory, Nyesom Wike. The group described Asari-Dokubo’s statements as baseless, malicious, and an unwarranted attack on the president and the political leadership of Rivers State. The controversy stems from an interview in which Asari-Dokubo accused President Tinubu of supporting Wike in efforts to destabilize Rivers State and to manipulate judicial decisions. The former freedom fighter further alleged that the duo was conspiring to remove the state’s…

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The Federal Government has disclosed that its expenditure on personnel costs will rise by at least 60 percent in 2025, following the implementation of the newly approved national minimum wage and consequential salary adjustments for federal civil servants. According to the newly released Medium Term Expenditure Framework and Fiscal Strategy Paper (MTEF), the government’s personnel costs will increase by N2.46 trillion, bringing the total personnel budget to approximately N6.56 trillion for the 2025 fiscal year. The increase is directly linked to President Bola Tinubu’s approval of a new minimum wage for Nigerian workers in July 2024, which raised the monthly…

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