- Nigeria’s inflation rate drops to 23.71% in April
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- Harvard broadens lawsuit against Trump for canceling $450 million grants
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- Australia’s Albanese sworn in for second term
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- US to reduce tariffs on Chinese imports to 30% for 90 days
Politics
President Bola Tinubu has encouraged Nigerians to adopt better energy management practices to reduce their rising electricity bills. “It’s not a negative thing to learn to manage resources. Control your electricity bill by switching off lights when not in use. Let’s embrace a culture of prudent management,” Tinubu stated during a conversation with reporters on Monday. The president, who is also a prominent figure in the All Progressives Congress (APC),…
President Bola Tinubu has doubled down on his administration’s controversial tax reform bills, declaring that there will be no reversal despite widespread opposition. Speaking during his maiden presidential media chat on Monday night, Tinubu defended the reforms as essential for Nigeria’s economic revival, asserting that the nation cannot rely on outdated systems. “Tax reform is here to stay. We cannot continue with the practices of the past in today’s economy.…
President Bola Tinubu has ruled out reducing the size of his cabinet as part of efforts to lower the cost of governance. Speaking during his inaugural Presidential Media Chat on Monday, the president defended his decision to maintain over 40 ministers along with several advisers and assistants. “I am not ready to reduce the size of my cabinet,” Tinubu stated when asked about possible measures to cut governance expenses, emphasizing…
President Bola Tinubu has reiterated that he has no regrets about removing the petrol subsidy, a decision he announced during his inaugural speech on May 29, 2023. The removal, which caused petrol prices to surge from N190 to over N900 per litre, led to a sharp rise in inflation and living costs across the country. Speaking during his first presidential media chat on Monday, Tinubu justified the move, stating, “Nigeria…
The Labour Party (LP) has expressed serious concern over the recent stampedes that claimed many lives in separate incidents in Oyo, Anambra, and the Federal Capital Territory (FCT),Abuja. Umar Farouk, LP National Secretary described the tragic events as a grim reminder of the hunger crisis ravaging the country, calling it “a silent epidemic more devastating than any natural disaster.” “These stampedes highlight the extreme hunger and desperation gripping Nigerians. Hunger…
Bayelsa State Governor, Douye Diri, has signed the 2025 budget of N689.4 billion, titled the “Budget of ASSURED Prosperity,” into law. In October, The New Daily Prime reported that Mr Diri presented the budget to the State House of Assembly, highlighting his administration’s plans for enhanced socio-economic and infrastructural development. The governor announced the signing in a statement shared on his X (formerly Twitter) page, noting that his deputy, Lawrence…
The Federal Government (FG) has announced Wednesday, December 25, Thursday, December 26, 2024, and Wednesday, January 1, 2025, as public holidays to mark Christmas, Boxing Day, and New Year celebrations respectively. This declaration was made by the Minister of Interior, Olubunmi Tunji-Ojo, in a statement signed by the Ministry’s Permanent Secretary, Magdalene Ajani. Tunji-Ojo extended warm greetings to Nigerians and urged them to use the festive season to reflect on…
Peter Obi, the 2023 presidential candidate of the Labour Party (LP), has called for the release of Naomi Silekunola, the former queen of the Ooni of Ife and organiser of the funfair that led to the stampede in Ibadan, Oyo State. Earlier, The New Daily Prime reported that Naomi, along with seven others, was arrested following the stampede at a funfair held at Basorun Islamic High School in Ibadan. The…
Kwara State Governor Abdulrahman Abdulrazaq has presented the 2025 budget proposal valued at N540.37 billion to the State House of Assembly. In a statement yesterday, Rafiu Ajakaye, the governor’s Chief Press Secretary said he emphasised his administration’s commitment to completing ongoing projects, initiating new ones, and supporting vulnerable populations. The budget tagged the “Budget of Economic Stability and Sustained Prosperity,” allocates 62.1 per cent to capital expenditure and 37.9 per…
Kenneth Okonkwo, a former spokesman for the Labour Party’s (LP) presidential campaign council, has called for the resignation of Nigeria’s current leadership, led by President Bola Tinubu. Okonkwo, who left the LP in July this year, attributed the recent stampedes in Ibadan, Maitama, and Okija—communities in Oyo, Abuja, and Anambra States, respectively—to the hunger and hardship caused by President Tinubu’s reforms. Earlier, The New Daily Prime reported that many lives…
Former Vice President Atiku Abubakar has criticised the federal government’s (FG) 2025 budget, labelling it insufficient to address Nigeria’s pressing economic challenges. The New Daily Prime earlier reported that President Bola Tinubu presented an N49.7 trillion budget to the National Assembly last week, tagged the “Budget of Restoration: Securing Peace, Building Prosperity.” In a statement on his X page today, Atiku, the 2023 presidential candidate of the Peoples Democratic Party…
Eleven months after the bomb blast in Bodija, Ibadan, Oyo State Governor Seyi Makinde has confirmed that the law is taking its course. During a media chat monitored by The New Daily Prime today, the governor disclosed that suspects have been charged to court and are undergoing prosecution. He also assured that the government would provide support to those who lost their properties in the incident. He said, “The law…
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