NewsReports

According to Nigeria’s upstream oil and gas regulator, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), the country’s gas reserves have reached an all-time high of 210.5 trillion cubic feet. This positions Nigeria as the largest holder of natural gas reserves in Africa and among the top ten globally. A significant amount of the gas produced during oil extraction, referred to as associated …

In this analysis, Abuja Bureau Chief LEON USIGBE explores the quiet but strategic conversations in the North about positioning former President Goodluck Jonathan as a potent tool to challenge President Bola Tinubu’s re-election bid. By 2027, Nigeria’s political terrain may witness another momentous shift, and politicians in the north are already calculating their path to regaining political relevance and control …

Former President Olusegun Obasanjo; immediate-past Vice President of Nigeria, Prof. Yemi Osinbajo; presidential candidate of the Labour Party (LP) in the 2023 general election, Mr Peter Obi; Governor of Ogun State, Dapo Abiodun; and his counterparts from Lagos and Oyo States, Babajide Sanwo-Olu and Seyi Makinde, respectively, were among the dignitaries who bid farewell to the late Afenifere leader, Pa …

The Economic and Financial Crimes Commission (EFCC) has initiated an investigation into alleged abuse of office and misappropriation of funds by former top officials of the Nigerian National Petroleum Company Limited (NNPC Ltd), including two former chief executives, Mele Kyari and Abubakar Yar’Adua A letter, with reference number CR:3000/EFCC/ABJ/HQ/SDC.2/NNPC/VOL.1/698, dated 28 April, addressed to the NNPC Managing Director, shows the EFCC is …

Is there morality in politics? Or, should there be morality in politics? Governors of Akwa-Ibom and Delta States, Umo Eno, Sheriff Oborevwori and ex-governor of Delta State, Ifeanyi Okowa, are of the opinion that there isn’t. Or, there shouldn’t be. They made this known last week in epistles that should be fittingly entitled, “An ode to betrayal and betrayers”. Like …

*Nigeria moves to block Boko Haram’s sources of funds •Army Cdr, Captain, 22 soldiers, two policemen, about 100 farmers/fishermen among the dead •Six military formations targeted •Shehu of Borno: Three LGAs under terrorists total control •Zulum identifies critical haven for insurgents, asks military to go after them Terrorists appear to have renewed attacks in three states of the Northeast after reports …

The Federal Government has called on the newly decorated Controller General of the Nigerian Correctional Service, Sylvester Nwakuche, to lead a transformation of the service, shifting its focus from punishment to rehabilitation and reforms. The Minister of Interior, Dr. Olubunmi Tunji-Ojo, made this appeal during the decoration ceremony held in Abuja on Friday. Addressing the newly decorated CG, the minister …

* Champions African position on asset recovery at UN The Federal Government has stated that recent estimates indicate that Africa loses $88.6 billion annually to illicit financial flows, with Nigeria accounting for approximately $17.72 billion or 20 per cent of the losses. The outflows, it observed, hinder the country’s ability to provide essential infrastructure and services to its citizens.  The Minister …

CNN — The government under President Donald Trump is bending the arc of US history in a new direction, away from the civil rights focus of the past 60 plus years. Addressing or even acknowledging racial injustice toward people of color is out. Separating church and state is out, according to Trump. Exposing anti-Christian bias and being ‘anti-woke’ is in. The Department …

•ICPC says NELFUND disbursed only N44.2bn out of N203.8bn to 293,178 students in 299 institutions •NELFUND denies allegations The Federal Ministry of Education has commenced investigation into the alleged unauthorized deductions by universities from funds disbursed under the Nigerian Education Loan Fund (NELFUND) scheme. This is just as the Independent Corrupt Practices and Other Related Offences Commission (ICPC) also commenced …