NewsReports

Edo State Governor, Mr. Godwin Obaseki, has approved the extension of the tenure of the current Ambrose Alli University Special Intervention Team by nine months. In a statement, Secretary to the State Government, Osarodion Ogie Esq, said the approval of the extension of the tenure of the state-owned university Special Intervention Team is with immediate effect. He noted, “His Excellency, …

The President, Major General Muhammadu Buhari (retd.), has written the Senate, seeking the screening and re-confirmation of some former deputy governors of Central Bank of Nigeria. President Buhari’s request is contained in a letter read on the floor of the Senate during Tuesday’s plenary by Senate President Ahmad Lawan. Buhari sought the re-confirmation of Aisha Ahmad and Edward Adamu as …

•NNPC signs MoU with Ghana, Gambia, Guinea Bissau oil firms The Nigerian Navy, yesterday, denied a media report indicting the Nigerian National Petroleum Company Limited, NNPCL, of crude oil theft, noting that it has been working with NNPCL to curb the menace of crude oil theft. Meanwhile,  NNPCL, yesterday, signed five Memoranda of Understanding, MoU, with the national oil companies …

Obasanjo says only farming and agricultural related businesses can engage Nigeria’s rising population As the population of Nigeria continues to increase, former President, Olusegun Obasanjo has warned that the revenue from oil and gas exports alone can no longer feed the country. Mr Obasanjo spoke on Sunday when the leaders of the apex socio-cultural group in Tiv land of Benue …

The Bishop of Sokoto diocese, Bishop Matthew Hassan Kukah says the hatred and violence against one and across zones in Nigeria has no religious or ethnic inclination. Bishop Kukah made the declaration in a paper presented at the National Inter-Religious Conference on; Harnessing Nigeria’s Religious Diversity for Sustainable Peace and National Development, organized by the Kano state government. Bishop Kukah …

• Explains reasons Nigeria needs water resources law The Federal Government, yesterday, hinted of plans to regulate the drilling of boreholes for potable water in municipal and urban centres across the country. Minister of Water Resources, Suleiman Adamu, who spoke at the seventh edition of President Muhammadu Buhari’s administration scorecard series (2015-2023), categorically stated that Abuja and Lagos have no need …

Three days after the Federal Government denied that it planned to hike the pump price of petrol, independent marketers have raised their price to N280 per litre. Checks on petrol situations in Abuja on Saturday morning showed that while NNPC Retail stations maintained a pump price of N179 per litre, the major marketers dispensed at N180 per litre. With most filling …

…as local currency weakens by 53%, external debt rises by 288% •Nigeria needs strong, productive economy, say economists The value of naira to dollar fell from N196.92 in June 2015 to N414.72 in June 2022, worsening Nigeria’s foreign debt burden. Within the seven years under review, the naira depreciated by 52.52 per cent against the US dollar. So This Happened …

The author of ‘The Letterman’ said he saw old, private letters that indicated that Mr Obasanjo did not leave office as military head of state as a wealthy man. Three years after leaving office as Military Head of State in 1979, Olusegun Obasanjo went broke forcing him to depend on loan to run his farm in Ota, Ogun State, The …

• NBS fails to release unemployment rate since 2020• Ngige’s claim of seven million jobs created unlikely• NDP 2021-2025 to create 30m jobs a mirage, says Oyerinde• No honeymoon for who’ll take over from Buhari – Ojo• ‘It will require three govts to clean up this administration’s mess’• ‘Insecurity, COVID-19, others undermine effort to lift 100m out of poverty’ With less than …