Supreme Court verdict: Panic in states as 437 LGs risk zero allocation this month

Fate of Caretaker committees, LCDAs hangs in balance As nation awaits fight back by govs •Question marks over federalism, restructuring A panic button about the funds for the running of local governments appeared to have been pressed in no fewer than 437 local government areas spread across 19 states of the federation, following the imminent […]

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Nigeria loses $9bn yearly to illegal mining activities — Reps

Chairman of the House of Representatives Committee on Solid Minerals, Hon. Jonathan Gaza, on Monday disclosed that Nigeria loses about $9 billion in revenue yearly to illegal mining activities across the country. He disclosed this in Abuja during the opening of an investigative hearing into illegal mining activities, under-reporting wins (extract E-Products) by mining and […]

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Soyinka: Producer announces corporate support for Aiye-ko-ooto’s ‘The Nobel Warrior’

Celebrations of a quintessential global literary giant, Prof. Wole Soyinka, received more boost with corporate brands providing support as contributing partners in the special theatre production of The Nobel Warrior – Eni Ogun, written by Aiye-ko-Ooto, directed by Oriade Adefila and produced by Cash Onadele; a performance put together in collaboration with Wole Soyinka International […]

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Inflation: NBS rates Bauchi, Kogi, Oyo as most expensive states to live in Nigeria

The National Bureau of Statistics has said that Bauchi, Kogi, and Oyo are the most expensive states to live in Nigeria. This is according to NBS’s consumer price index and inflation report for June released on Monday. The report showed Bauchi with headline inflation of 43.95 percent, Kogi(39.91 percent), and Oyo(39.15 percent) in June on […]

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Food inflation hits record high of 40.8% – NBS

Nigeria’s food inflation has reached an all-time high of 40.87 percent as the Bola Tinubu-led government embarked on reforms that have spiked the cost of living. Figures released by the National Bureau of Statistics on Monday show that in June 2024, the headline inflation rate increased to 34.19 percent relative to the May 2024 headline […]

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Tinubu recalls sacked HYPREP Coordinator

President Bola Tinubu has reinstated Prof Nenibarini Zabbey as the Project Coordinator of the Hydrocarbon Pollution Remediation Project. The Coordinator’s sack on Saturday and his replacement with Dr. Olufemi Adekanbi, a non-Ogoni man, sparked protests from major stakeholders in the Niger Delta region. Some youth leaders in Ogoni, Rivers State, had given the Federal Government […]

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IPAC pulls out of coming Osun LG election

The Inter-Party Advisory Council, an umbrella body of all political parties in Osun State, has said it will not participate in the forthcoming local Government election in the State. Osun State Independent Electoral Commission (OSIEC) had fixed February February 22, 2025, for the Local Government election in the state. Addressing journalists in Osogbo on Monday, […]

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Ologbese stresses security importance to investments

The Ondo State Commissioner for Regional Integration and Diaspora Relations, Prince Oogbese has stressed the importance of security consciousness to investment growth. A statement by the ministry’s spokesman, Bisi Agboola said he spoke at three different fora in Akure, the Ondo State capital; emphasizing the need to fasten the security network to make investment promotion […]

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