Nigeria to spend 92% of 2022 revenue on debt servicing, IMF projects

IMF Photo: AFP/Getty images • Nation living on extra time, Sanusi warns The International Monetary Fund (IMF) has said the Federal Government could spend as much as 92.6 per cent of its revenue on debt servicing this year. This is contained in its 2021 Article IV, which was released yesterday. It also estimated last year’s […]

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We support Tinubu because he saved us when PDP dislodged us, say Abe’s loyalists

Members of Rivers State chapter of All Progressives Congress (APC), led by Senator Magnus Abe, said yesterday they support the presidential bid of former governor of Lagos State, Bola Tinubu because he saved them from shame and ridicule in 2013 when they were dislodged from the Peoples Democratic Party (PDP). A chieftain of the APC […]

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Fuel scarcity, panic buying in Lagos as NARTO threatens strike

• Artificial scarcity caused by recall of dirty petrol, source claims • NARTO to withdraw haulage services over diesel price, operation cost Residents of the nation’s commercial capital, Lagos, began the new week, yesterday, with some level of anxiety and confusion as fuel scarcity appeared in some parts of the state, especially on the Island […]

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Nation’s mood may decide PDP presidential candidate

’There are strong indications that the presidential candidate of the Peoples Democratic Party, PDP, may be determined by the ‘mood of the country,’ it has been learnt. As reported yesterday, the PDP is yet to make up its mind on the zone its presidential candidate will come from because both the PDP and the All […]

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Adegoke’s alleged murder: Falana leads family’s legal team, writes IGP

Human rights lawyer, Femi Falana, has accepted a family request to lead their legal team in the case of the alleged murder of Timothy Adegoke, a postgraduate student of the Obafemi Awolowo University (OAU), Ile Ife, Osun State, reportedly killed in a hotel. “We have accepted the instructions of the bereaved Adegoke Family. We shall […]

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Jonathan’s abducted cousin freed two weeks after

Former President Goodluck Jonathan (left); and Bayelsa State Governor, Douye Diri during the opening of a five-day Education summit by the state Ministry of Education at the Local Content Tower in Yenagoa…yesterday Kidnapped cousin of former President Goodluck Jonathan, Mr. Jepthan Robert, has regained freedom from his abductors. He was said to be standing in […]

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Buhari, el-Rufai must rescue Kaduna from chaos

Coming in torrents, bad news from across the country unmistakably cast Nigeria as a failing state, wracked by an unprecedented level of insecurity. Kaduna State, where bandit-terrorists killed 1,192 persons in 2021, is in the vortex of this blood-soaked brigandage despite vigorous defensive measures. The desperate cry for help by the state governor, Nasir el-Rufai, […]

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Oromoni: Father weeps, testifies Feb 14 as defence, prosecution clash over evidence

The testimony of the father of late Sylvester Oromoni (Junior), a pupil of Dowen College, Lekki, Lagos State, who died under controversial circumstances, has been adjourned till February 14 following the failure of the prosecution to serve the documents sought to be tendered as evidence in the inquest. Magistrate Mikhail Kadiri adjourned proceedings following an […]

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