NewsReports

The Federal Government plans to borrow about N4.89tn from internal and external sources to finance the deficit in its proposed 2022 budget of N13.98trn due to dwindling revenue. The Minister of Finance, Budget and National Planning, Zainab Ahmed, made this known in Abuja on Monday at an interactive session organised by the House of Representatives’ Committee on Finance on the …

• OPEC says it will open door to new investment• Host communities kick, decry exclusion• PDP decries Presidential assent despite outcry, seeks urgent amendment After five decades of operating an obsolete Petroleum Act, President Muhammadu Buhari, yesterday, signed into law, the Petroleum Industry Bill (PIB), not minding the controversial sections and criticisms that trailed the bill. Working from home in …

The Taliban has renamed Afghanistan the ‘Islamic Emirate of Afghanistan’ after its fighters swept into the capital, Kabul, a bustling metropolis of six million that has turned into a male-dominated city without police or traffic controls. An image grab taken from Qatar-based Al-Jazeera television on August 16, 2021, shows Members of Taliban taking control of the presidential palace in Kabul after …

The Peoples Democratic Party (PDP) has advised President Muhammadu Buhari to immediately forward to the National Assembly an amendment bill to the new Petroleum Industry Act. The party gave the advice in a statement by its National Publicity Secretary, Mr Kola Ologbondiyan, on Monday in Abuja in reaction to the signing of the Petroleum Industry Bill (PIB) into law by …

The signing of the Petroleum Industry Bill (PIB) into law by President Muhammadu Buhari does not translate into automatic removal of the Premium Motor Spirit (PMS) subsidy,  Minister of State for Petroleum Resources Timipre Sylva has assured. Sylva, in an SMS to The Nation by his Special Adviser on Media, Malam Garba Muhammad  said: “We’ll engage you (reporters) on this at …

The President, Pentecostal Fellowship of Nigeria (PFN), Bishop Francis Wale Oke, Tuesday, called on the Federal Government to take preemptive measures to forestall another crisis the recent Jos killings is capable of engendering. The cleric in a statement by his Media Office, while condemning the incident that led to the loss of lives of many travelers, urged that a halt …

President Joe Biden admitted on Monday that the collapse of the Afghan government and the Taliban retaking control happened more quickly than the US government had anticipated, insisted that ending America’s 20-year war was the correct decision. But the President refused to back away from his decision to end the American military’s combat mission in the nation, where the US …

Market women in Edo State have been charged to complement the government’s efforts to end the coronavirus (COVID-19) pandemic and protect citizens by coming out to get vaccinated against the deadly virus. Leader, Edo State Market Women Association, Madam Blacky Omoregie, who led other members of the association on a courtesy visit to the Government House in Benin City today, …

All Progressives Congress (APC) has said that the task before the family and friends of the late Captain Idahosa Nosa Wells Okunbo, the people of Edo state and Nigeria is, ” to sustain his legacies for the benefit of humanity.” In a condolence letter to the wife, family and friends of the late Businessman, as well as the people of …

As the Taliban sacked the Afghan government and took control of the nation, the United Nations Security Council has called for an immediate cessation of all hostilities and the establishment, through inclusive negotiations, of a new Government that is united, inclusive and representative — including with the full, equal and meaningful participation of women.  Following the meeting on the trouble …