NewsReports

•We’ll take legal action, firm vows •You’re distorting facts, says govt The crisis over the ownership Obajan cement plant in Kogi State deepened on Friday as the state government and Dangote Cement Plc continued to lay claims to the facility. The management of the firm also vowed to take legal action over the recent invasion of the plant and the …

“I met with my dear friend and brother, HRH Sanusi Lamido Sanusi,” declared Labour Party Presidential candidate, Peter Obi on Saturday via his verified Twitter handle. “We spent time exchanging views on matters pertaining to national interest, nation-building and broad concept of diversity, education, social inclusion, the economy, consumption and production patterns, ” Obi noted. Sanusi Lamido Sanusi is the …

Justice Akintayo Aluko of a Federal High Court sitting in Lagos, on Thursday, granted leave to the National Drug Law Enforcement Agency to further detain a Lagos-based billionaire, Nsofor Ugochukwu, also known as Ugochukwu Nsofor Chukwukadibia, in its custody for a period of 14 days pending the conclusion of investigation. The judge gave the order following an ex parte application …

• Says move will discourage new investments, potential investors Manufacturers Association of Nigeria (MAN) has condemned Wednesday’s invasion of Dangote Cement Plant by the Kogi State Vigilante Service (KSV), saying the action will discourage new investments in the state. MAN President, Mansur Ahmed, at a press conference to herald the association’s 50th Annual General Meeting (AGM), scheduled to hold October 17 …

*Says lawmakers to scrutinize previous expenditure of MDAs  The Speaker of the House of Representatives, Hon. Femi Gbajabiamila on Friday said that both chambers of the National Assembly will ensure timely passage of the 2023 budget, presented to it today by President Muhammadu Buhari. Gbajabiamila who gave the assurance while delivering his vote of thanks at the budget presentation, however …

A pensioner collapsed Thursday while protesting the failure of the Kano State government to pay N36.9b accumulated pension arrears and retirement benefits. The pensioner was participating in a peaceful rally organised by the Kano State branch of the Nigeria Labour Congress (NLC) and Nigeria Union of Pensioners (NUP) in Kano. Starting their march from the Emir’s palace to the Government House, the …

President Muhammadu Buhari has said that oil subsidies will be discontinued in 2023. The President stated this while delivering his speech on the presentation of the 2023 budget proposal before a joint session of the national assembly on Friday.  Tagged “Budget of fiscal sustainability and transition”, the 2023 budget size was N19.76 trillion. President Buhari also told the National Assembly …

The Anambra State Governor, Professor Chukwuma Soludo, has sought the support of governments at all levels, agencies and individuals to tackle flooding currently ravaging some parts of the country, including the state. File photo: A flooded community Soludo noted that the flood water emanated and surged from Cameroon, asking the Federal Government to dialogue with the government of Cameroon with a …

The Court of Appeal, Abuja Division has ordered the striking Academic Staff Union of Universities (ASUU) to resume work immediately. The appellate court gave the order Friday while granting leave to ASUU to appeal the interlocutory injunction  of Justice Polycarp Hamman of the Abuja Division of the National Industrial Court of Nigeria (NICN) on September 21, 2022, asking members of …

2023 BUDGET SPEECHBudget of Fiscal Consolidation and Transition Delivered By: His Excellency, President Muhammadu Buhari,President, Federal Republic of NigeriaAt the Joint Session of the National Assembly, Abuja Friday, 7TH October , 2022 PROTOCOLS: I am very pleased to be here today to present the 2023 Budget Proposals at this Joint Session of the National Assembly. This is the last time …