Nigeria Governors Forum Debt servicing costs incurred by 29 state governments consumed 80.7 percent of their Internally Generated Revenue during the first six months of 2024, highlighting the significant financial burden the sub-nationals currently face. The dire situation also forced the governors to borrow a total sum of N446.29 billion within the same period despite […]

Some members of the Peoples Democratic Party’s National Working Committee have faulted the further postponement of the party’s 99th National Executive Committee meeting to October 24. According to the party chieftains, the postponement of the NEC meeting from the earlier date of September 26 to March 24 is a deliberate move to undermine the party’s […]

The Federal Government earned approximately $1.2bn in telecom license fees from major operators, including MTN, Globacom, Econet (now Airtel), and Etisalat (now 9mobile), during the inception of mobile technology in Nigeria. These license fees played a vital role in establishing the telecom industry in 2000, a sector crucial to Nigeria’s economy. Former President Olusegun Obasanjo […]

Three major oil marketers are expecting vessels of imported Premium Motor Spirit, popularly called petrol, this week barring any unforeseen circumstance, it was gathered on Tuesday. Dealers said about 141 million litres of PMS are being conveyed to Nigeria by the vessels following the full deregulation of the downstream oil sector by the Federal Government. […]

Lagdo dam. Photo Credit: Google The Federal Government on Tuesday alerted Nigerians to the water release from Lagdo Dam in Cameroon. The FG made this known in a press statement signed by the Director General/Chief Executive Officer of the Nigeria Hydrological Services Agency, Umar Muhammed. The statement noted that the authorities of the Lagdo Dam […]

Men of the Nigeria Police Force Ahead of Saturday’s governorship election in Edo State, the first batch of the 35,000 police officers deployed to ensure law and order during the election has arrived in the state. Also in the state are soldiers and officers of the Nigeria Security and Civil Defence Corps and the Economic […]

The Federal Accounts Allocation Committee has said it disbursed N1.2 trillion earned as revenue in August 2024 to the Federal Government, states, and Local Government councils in Nigeria. The revenue distribution was announced at the September 2024 FAAC meeting in Abuja, a statement by the Director of Press and Public Relations at the Office of […]

The National Youth Service Corps (NYSC) has urged prospective corps members to embrace their service posting places positively and avoid seeking to relocate. The Director-General of the service, Brigadier General Yusha’u Ahmed, encouraged them to promptly engage in the processes of nation-building and development within their assigned communities. Ahmed made these remarks during the closing […]

File photo of President Bola Tinubu signing a document The presidency has countered a claim by the Catholic Bishop of Sokoto, Matthew Kukah, that President Bola Tinubu did not sign the peace accord during the 2023 presidential election. Kukah on Sunday, during the Edo election security town hall meeting in Benin, claimed Tinubu snubbed the […]

Dangote Refinery’s positive impact, Edwin Clark Foremost South-South leader, Chief Edwin Clark, has expressed confidence that generations of Nigerians to come will experience the positive impact of the Dangote Refinery on energy security, employment, and economic development. The National Leader of the Pan Niger Delta Forum (PANDEF) observed that Dangote’s pioneering spirit and commitment to […]