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…

A day after revoking the lands of former President Muhammadu Buhari and others concerning Certificates of Occupancy (C-of-O), the Minister of the Federal Capital Territory, Nyesom Wike, has set a new deadline for owners of 762 plots in Maitama II District, Cadastral Zone A10, Abuja. The New Daily Prime earlier reported that Wike revoked lands that belong to Buhari, the Speaker of the House of Representatives, Tajudeen Abbas; the Secretary…

Former Governor of Ekiti State, Segun Oni, has called on the incumbent governor, Biodun Oyebanji, to prioritise the construction of deteriorating federal roads within the state, despite their being under federal jurisdiction. Speaking during Oyebanji’s courtesy visit to his residence in Ifaki-Ekiti yesterday, Oni emphasised that although federal roads are managed by the federal government, it is the people of Ekiti who suffer daily due to their poor conditions. The…

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has announced that the Nigeria Customs Service (NCS) generated approximately N15 trillion in revenue by September 2024. In a statement posted today on the ministry’s X page, Edun made this disclosure while presiding over the 61st meeting of the NCS Board. He commended the agency for its outstanding performance, highlighting how this milestone underscores Nigeria’s fiscal recovery and…