NewsReports

The presidential candidate of the Labour Party, Peter Obi, has explained his consumption to production theory, which is the punchline for his presidential campaign. In a statement made available to The PUNCH on Wednesday, Obi said federal borrowing for consumption must stop and be channeled into regenerative projects adding that if elected, his administration would reduce the cost of governance in the …

…as Surveyor-General seeks deploy of already collated data to end banditry, others The Minister of Works and Housing, Babatunde Fashola, SAN, has called for the use of geospatial data by the military and other security agencies in the fight against insurgency in the country. The Surveyor General of the Federation (SGoF), Mr. Abuduganiyu Adebomehin also tasked the military to fully …

The family of late Sylvester Oromoni Jnr, the deceased student of Dowen College Lekki, Lagos State, who died in controversial  circumstances on November 30, 2021, has continued to cry out for justice on the matter, one year after. Oromoni allegedly died as a result of bullying, assault, negligence and administration of poisonous substance in the school. A coroner inquest ordered …

The bank says it will not introduce a higher note than N1000. The Central Bank of Nigeria (CBN) has responded to concerns that its widely anticipated redesign of naira notes was merely a colour change of the notes without additional security features, saying it had limited time to redesign the 200, 500 and 1000 bills. The bank said the new colours provided …

The Federal Government said state governors were responsible for the rising rate of poverty in the country. The Minister of State for Budget and National Planning, Clement Agba, made this assertion at a press briefing in the State House in Abuja on Wednesday, shortly after this week’s Federal Executive Council meeting chaired by the President Muhammadu Buhari. The FG blamed …

Abuja – Despite the widespread protests that have trailed the payment of half salaries to members of the Academic Staff Union of Universities (ASUU), the federal government may have refused to complete the payment. This is so as the government on Wednesday, paid lecturers their November salaries in full without completing that of October which was half, the Vanguard reports. …

Governor Godwin Nogheghase Obaseki of Edo State has stated his goal to ensure that all artefacts that are physically returned to Benin are properly looked after, to create opportunities, as well as an inspiration for the people of Edo state and Nigeria. The Governor made this remark during the signing ceremony of the return of 72 Bronze artefacts by Horniman …

A small museum in south-east London has begun the official process of returning looted Benin artefacts to Nigeria. The Horniman Museum, which houses a collection of 72 treasured items that were taken by force from Benin City in 1897, officially handed over ownership of the artefacts to the Nigerian government on Monday. The Horniman described returning the looted objects as …

…As committee Concludes retreat Pending a full committee report review and a complete policy document appraisal, a new health reform bill that will reposition the country’s health sector for improved delivery of set objectives to Nigerians will be in the works soon, Nigeria’s Vice President, Prof Yemi Osinbajo has said. According Laolu Akande, Senior Special Assistant to the President on …

A yet-to-be-identified Nigerian man has been reportedly arrested by the police in Ghana for allegedly beheading his girlfriend. A video of his arrest, which also showed the moment the corpse of the lady, who was also Nigerian, was recovered by the police, was shared on Facebook by a user of the social media platform, identified as Smile Baba. According to …