NewsReports

Governor Godwin Obaseki of Edo State, on Thursday, December 7, 2023, will host a security summit and officially commission the Edo State Command and Control Centre (EC3). In a statement today, Kingsley Uwagbale, the Edo State Commissioner for Public Safety and Security said the summit themed, “Edo State Security Framework: Repositioning for the Future,” aims to showcase achievements and outline …

Governors Seyi Makinde (Oyo), Peter Mbah (Enugu), Godwin Obaseki (Edo), and Ahmed Aliyu (Sokoto) yesterday presented the 2024 Appropriation Bills to the Houses of Assembly for perusal and passage into law. Makinde presented N434,221,765,938.79 budget proposal which comprises a Capital Expenditure of N222,337,320,199.85 and a Recurrent Expenditure of N211,884,445,728.95. The governor said next year’s budget proposal, christened: Budget of Economic Recovery, offers a …

The House of Representatives Committee on Public Petitions has issued an arrest warrant for the new Central Bank Governor, Mr. Olayemi Cardoso; the Accountant General of the Federation, Mrs. Oluwatoyin Madein, and 17 others for their refusal to honour the committee’s invitations to address inquiries regarding their operations. The arrest warrant was issued due to their continuous adamantly to respond …

The Israel Defense Forces (IDF) claimed on Wednesday to have found a large weapons stockpile near a clinic and school in northern Gaza. The IDF said the weapons cache “contained hundreds of missiles and RPG (rocket-propelled grenade) launchers of various types, dozens of anti-tank missiles, dozens of explosive charges, long-range missiles aimed at the center of the State of Israel, …

The death toll from Sunday’s military drone airstrike on civilians in Tudun Biri, a community in Igabi Local Government area of Kaduna State has risen. The victims of the strike are mostly children and women celebrating the Maulud (birthday of Prophet Muhammad), residents told PREMIUM TIMES. One of the residents, Garba Haruna, earlier told PREMIUM TIMES that over 29 bodies were recovered …

•Sub-nationals share N15.8 trillion from FAAC in four years• Corruption, poverty, insecurity, disputes retard growth• IGRs less than 40 per cent of states’, LGs’ allocations• Silence over CBN salary bailout loan status  Despite raking about N15.8 trillion from the Federation Account Allocation Committee (FAAC) in less than four years, the majority of sub-national governments are reeling in huge debts just …

Defies 45% increase in revenue   The Federal Government recorded an 11 per cent, year-on-year, YoY increase in deficit spending to N7.88 trillion in seven months, from January to July, from N7.13 trillion in the corresponding period of 2022. The rise in deficit spending  was driven by 20.5 per cent increase in expenditure which moderated the impact of a 45 per cent increase …

The Army yesterday apologised for its error in bombing worshippers in Kaduna State on Sunday night. A routine air strike by the Army intended to attack terrorists hit some civilians during a religious celebration at Tudun Biri village, Afaka ward of Rigasa District in Igabi Local Government Area. December 6, 2023 President Bola Ahmed Tinubu ordered a thorough probe to prevent a …

Nigeria’s  Naira strengthened to N806. 73 to the dollar at the official foreign exchange (FX) market on Tuesday, as against N837.77 to the greenback which it closed at, on Monday. Dealers said the local currency’s appreciation followed a moderation in dollar demand at the official foreign exchange market. At the close of trading on Monday, the dollar was quoted at …

LONDON — Former Prime Minister Boris Johnson, who led Britain through the coronavirus pandemic before being ousted by scandal, is set to defend his record on Wednesday at a public inquiry into the country’s handling of COVID-19. Johnson will be grilled under oath by lawyers for the judge-led inquiry about his initial reluctance to impose a national lockdown in early 2020 and …