Amid its controversial financial dealings that have negatively impacted the nation’s financial standing, the Nigerian National Petroleum Company Limited has been accused by the Auditor-General of the Federation of diverting a total sum of N2.68tn and $9.77m in the last four years. Findings by Sunday PUNCH using the Auditor-General’s annual reports published between 2017 and 2021 showed that N1.33tn was diverted in 2017, N681.02bn in 2019, N151.12bn, ($19.77m) in 2020 and N514bn in 2021 amounting to N2.68tn and $19.77m over four years. The reports, which were submitted to the National…
Read MoreCategory: Nation
Deadly wish
Tinu, Tola and Rita have been friends for about 20 years. They all started small but God has been kind to them. Their marriages are still intact too. So, we can safely say that they are lucky or blessed. That is not to say they have not had seasons that looked like God was not on their side. Tinu lost two precious pregnancies. Rita lost one of two sons and Tola had to wait 10 years for a second child. As for their marriages, the storms came. Rita’s husband went…
Read MorePortrait of a Narcissist
By ‘Lanre Ogundipe _Nobody can be kinder than the narcissist while you react to life in his own terms_ – _Elizabeth Bowen_ We have reached a stage where Nigerians should be really interested in the character and predilection of their leadership. In matured climes, political suitors are dissected before elected. Time has come to render out of vogue, the unhealthy practice of pre-election endorsement before dissection of the character, mental status and psycho-composition of prospective leadership. A school of thought canvassing for the conduct of psychiatrist examination – you may…
Read MoreUS repatriates $52.88m Diezani Alison-Madueke’s loot to Nigeria
The Federal Government has received $52.88 million in recovered assets linked to a former Minister of Petroleum, Diezani Alison-Madueke, from the United States of America. The Attorney-General of the Federation and Minister of Justice, Lateef Fagbemi, disclosed this during the formal signing ceremony of the asset agreement between Nigeria and the United States in Abuja on Friday. In his remarks, Fagbemi, according to Channels TV reports, explained that $50 million of the recovered assets would be deployed through the World Bank for the development of rural electrification projects, while the…
Read MoreNigeria’s defence chief, Musa asks UN to probe training, funding of Boko Haram
Nigeria has called on the United Nations to investigate the funding and training of the Boko Haram terrorists. The Chief of Defence Staff (CDS), General Christopher Musa, made the call in a recent interview he had with Al-Jazeera. Musa said there was international flow of funding for the terrorists, stressing the need for the UN to come in to trace and track it. The defence chief, who questioned how the insurgents had sustained themselves for 15 years, also fingered international conspiracy in providing the terrorists with funds, training and equipment.…
Read MoreCross River Commissioner dies after state council meeting
Commissioner for Tourism and Culture in Cross River State, Mr Abubakar Ewa, is dead. The Commissioner for Information, Erasmus Ekpang confirmed the incident to newsmen. Ekoang said, “He was actually with us at the state council meeting with His Excellency where he even moved a motion. “But at about 4pm, he moved to the governor and whispered something to him. Perhaps he was requesting permission to leave the meeting. “We saw him moved out, telling a colleague he had a headache. When the meeting ended, we stepped out to collect…
Read MoreCourt Order Blacklists Nduka Obaigbena, family from financial transactions over $718m First Bank Debt
The Lagos Division of the Federal High Court has ordered all banks operating in Nigeria to blacklist media executive Nduka Obaigbena and members of his family over alleged debt to First Bank of Nigeria. The December 30, 2024 Mareva order also sought to prevent Mr Obaigbena from moving any assets linked to him from the jurisdiction of the Federal High Court. First Bank had filed a debt-recovery suit against Mr Obaigbena and his family members, including Efe Damilola Obaigbena and Olabisi Eka Obaigbena, saying they used their oil servicing firm…
Read MoreAmidst controversy, face-off with Kingmakers, Makinde names Owoade as new Alaafin
Oyo State Governor, Seyi Makinde, has approved the appointment of Prince Abimbola Owoade as the new Alaafin of Oyo. Owoade will succeed the late Oba Lamidi Adeyemi III, the former Alaafin, who died on April 22, 2022. The announcement was made in a statement on Friday by the Commissioner for Information and Orientation, Dotun Oyelade. Oyelade stated that Owoade was chosen after extensive consultations and traditional divinations conducted by the Oyo kingmakers, the Oyomesi. “Prince Abimbola Akeem Owoade, after thorough consultations and divinations, has been recommended by the Oyomesi and…
Read MoreI was an almajiri -Mele Kyari
Mele Kyari, the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, has expressed gratitude to Allah for the privilege to grow from an Almajiri school pupil into becoming the head of NNPCL. In a post via X on Wednesday to celebrate his 60th birthday, the NNPC Boss expressed appreciation for the “exceptional” privilege given to him by former President Muhammadu Buhari and President Bola Tinubu to serve as the last Group Managing Director of the NNPC and the pioneer CEO of the NNPC Ltd. In the post,…
Read MoreALEBIOSU: In line with our vision, FirstBank is well-positioned to break new grounds in 2025 and beyond
As the foremost Nigerian bank, First Bank of Nigeria Limited no doubt has a history of curating products and services that not only meet the immediate and future needs of its customers. In this interview with THISDAY, the bank’s Managing Director/Chief Executive Officer, Mr. Olusegun Alebiosu described 2025 as the beginning of the bank’s new strategic planning horizon when it is poised to double down on its market dominance position across all the markets where the bank operates. What’s your view on the global economic outlook in 2025, and what…
Read MoreGTCO raises ₦209bn in first phase of equity capital raise programme
Guaranty Trust Holding Company Plc (“GTCO Plc” or the “Group”) (NGX: GTCO) is pleased to announce the successful completion of the first tranche of its equity capital raise programme, following the completion of the capital verification exercise conducted by the Central Bank of Nigeria (CBN) and the approval of the Basis of Allotment of the Offer by the Securities and Exchange Commission (SEC). The Offer, which garnered substantial interest from domestic retail investors, raised a total of ₦209.41 billion from 130,617 valid applications for 4,705,800,290 Ordinary Shares, fully allotted. This…
Read MoreAccess Holdings win ‘Company of the Year’ at Nigerian of the Year 2024
Access Holdings Plc., the parent company of Access Bank has emerged as Company of the Year at the Nigerian of the Year 2024 awards The award, instituted in 2010 by National Infinity Magazine, has honoured notable Nigerians and institutions from all walks of life including public servants and business people and has expanded into recognitions for deserving corporate organisations. Biodun Abayomi Oyebanji, the governor of Ekiti State and a well-respected philanthropist monarch from Southwest Nigeria, His Royal Majesty, Oba Adedokun Omoniyi Abolarin, the Orangun of Oke-Ila, in Osun State, were…
Read MoreWe are monitoring situations on the Human Metapneumovirus -NCDC
The Nigeria Centre for Disease Control and Prevention (NCDC) says it is closely monitoring global developments on the Human Metapneumovirus (HMPV). Director-General of the agency , Dr Jide Idris, said this in a public health advisory on Monday night. He said an Entry Implementation Protocol on HMPV, approved by the Minister of Health and Social Welfare, is being developed and will be distributed to all points of entry to guide response activities. Idris said the country’s surveillance system does not indicate any unusual increase in respiratory infections, including those caused…
Read MoreForemost celeb, Adebisi Edionseri ‘Cash Madam’ dies, buried in Abeokuta
A popular socialite and businesswoman, Princess Adebisi Edionseri, popularly known as Cash Madam, has died at the age of 89. She reportedly died after a brief illness on Sunday, January 5, 2025, in Abeokuta, the Ogun State capital. Her death was announced in a statement on behalf of the family by one of her children, Dr Adebayo Adebowale. The statement noted that the renowned businesswoman and foremost socialite touched many lives in her family and community, as she was a “shining example of grace, dignity and unwavering faith.” “With deep…
Read MoreSoldiers kill two suspected killers of Army personnel, who abducted two Korean expatriates
Soldiers of the 5 Battalion of the Nigerian Army have neutralised two members of a gang reportedly responsible for the killing of four soldiers and abduction of two Korean expatriates who were staff of Daewoo company in Ahoada West Local Government Area of Rivers State. A press statement issued in Port Harcourt on Monday by the acting Deputy Director of Public Relations of the 6 Division of the Nigerian Army, Lt. Col. Danjuma Jonah, said the troops struck the hideout of the gang at Kalaogbokolo in Ahoada in a carefully…
Read MoreExplosion in Abuja Islamic School killed suspected terrorists, two others Injured
An explosion at an Islamiyyah school in the Kuchibiyi community of Bwari Area Council of the Federal Capital Territory (FCT) has reportedly resulted in the deaths of two persons. According to the FCT Police command, the explosion occurred at approximately 11am at the Tsangagyar Sani Uthman Islamiyya School located in Kuchibuyi Village, Byazhin area of the FCT. A statement by the command’s spokesperson, SP Josephine Adeh, said the command received a distress call from the Sarki of Kuchibuyi and a team of police operatives, including the Command’s Explosive Ordnance Disposal…
Read MoreNigerian of the Year 2024: PWAN Group wins Real Estate Company of the Year
PWAN Group a foremost real estate network marketing and development company emerged as Real Estate Company of the Year for its massive expansion and innovative approach to business development in that sector. The award, instituted in 2010 by National Infinity Magazine, has honoured notable Nigerians and institutions from all walks of life including public servants and business people and has expanded into recognitions for deserving corporate organisations. Others slated for recognition at the Nigerian of the Year 2024 Awards are Mr. Biodun Oyebanji, the Executive Governor of Ekiti State, for…
Read More11 suspects arrested as Army destroys 21 illegal refineries in Niger Delta
The 6 Division of the Nigerian Army has announced the destruction of 21 illegal oil refining sites, the arrest of 11 suspected oil thieves, and the recovery of 190,000 litres of stolen petroleum products in the Niger Delta. The Army stated that these successes were a result of its intensified operations, conducted in collaboration with other security agencies, aimed at dismantling the network of criminal enterprises run by oil thieves in the region. The Acting Deputy Director of the 6 Division Army Public Relations, Lt. Col. Jonah Danjuma, disclosed this…
Read MorePolice begins manhunt for Miyetti Allah’s leader killers
The Katsina State Police Command has commenced a manhunt for the killers of the state chairman of Miyetti Allah Cattle Breeders Association, Surajo Ahmadu, who was attacked and killed in Mai Rana village, Kusada Local Government Area, on Saturday. The command’s spokesman, ASP Abubakar Sadiq, in a statement on Sunday, disclosed that the suspected bandits stormed Surajo’s residence, shot him, and abducted his wife and daughter. The statement read, “On January 4, 2025, at about 11:30am, suspected armed bandits invaded the residence of the Chairman of Miyetti Allah, Surajo Ahmadu,…
Read MoreSaudi Govt frees 3 Nigerian female drug traffickers after 10 months in prison
Saudi Arabia has released three Nigerians earlier arrested and prosecuted for alleged drug trafficking. In a statement issued in Abuja on Sunday by the acting spokesperson of the Ministry of Foreign Affairs, Kimiebi Ebienfa, the release followed a high-level diplomatic engagement between the Nigerian government and Saudi authorities. The three Nigerians namely: Hadiza Abba, Fatima Malah and Fatima Gamboi were arrested for alleged possession of a substance suspected to be cocaine while on pilgrimage in Saudi Arabia. According to the statement, they were arrested and prosecuted on March 5, 2024,…
Read MoreAgain, Northern Elders caution Tinubu against tax reforms
The Northern Elders’ Forum (NEF) has again raised concerns over the Federal Government’s proposed Tax Reform Bills, urging immediate suspension of the implementation and calling for extensive dialogue with stakeholders. The forum criticized the government for failing to engage critical stakeholders and experts before drafting the reforms. NEF expressed its position in a statement on Saturday signed by its Chairman of Management Board, Al-Amin Daggash, highlighting the reforms’ potential adverse effects on Northern Nigeria and the nation as a whole. Daggash said: “Once again, it is necessary to reiterate, that…
Read MoreData Protection Commission threatens heavy fines against violators
The Nigeria Data Protection Commission (NDPC) has announced plans to significantly ramp up enforcement and impose substantial fines on data controllers and processors that violate the Nigeria Data Protection Act (NDPA). This was disclosed by the National Commissioner/CEO of the Commission, Dr Vincent Olatunji, in a video outlining the Commission’s 2025 agenda, shared on its social media platforms at the weekend. Olatunji stated, “For data controllers and processors, there is going to be massive enforcement. We have never really issued any fine, but going forward, you’ll hear us giving heavy…
Read MoreTRIBUTE: Good Night Jimmy Carter – the prolific writer and global crusader, by Lanre Ogundipe
As the world celebrates the passage of the phenomenal of a man called- Jimmy Carter, he was not a president of the first rank, but he survived and his impact resonated through the corners of the world by dint of hard work and determination and etched a global recognition in his post – office efforts and stamp his footprint on the sands of time. By devoting himself to the project of promoting world values – peace, political stability and progress. Cater became an iconic world leader, with an inspiring, if…
Read MoreOf Hunger Pollutions, And No Solutions: A clarion call to stop further death toll, by Lanre Ogundipe
“When the righteous are in authority, the people rejoice: But when the wicked beareth rule, the people mourn.” -Proverbs 29:2 KJV In Ibadan, Oyo State, 35 children we confirmed lost their lives, with several others hospitalised after a Christmas funfair turned into a chaotic disaster. Organised to distribute cash and food, the event at Islamic High School, Bashorun, was overwhelmed by an unanticipated crowd of over 7,500 people, far exceeding the 5,000 the organisers had planned for. Days later, as if the lives lost the previous days were not enough,…
Read MoreFrom my crystal ball, By Funke Egbemode
It is the fourth day of the year. it’s an opportunity to do something new, refocus your life and do things differently. This is the best time to look back, nod or shake your head, depending on what you see. Was 2024 a year you’ll like to do again what you did or is 2025 a year you are determined to change some things? This is the first Saturday of the year, you probably are not at work. Spend today to process where you were in 2024 and plot where…
Read MoreAccess Holdings win ‘Company of the Year’ at Nigerian of the Year 2024
Access Holdings Plc., the parent company of Access Bank has emerged as Company of the Year at the Nigerian of the Year 2024 awards The award, instituted in 2010 by National Infinity Magazine, has honoured notable Nigerians and institutions from all walks of life including public servants and business people and has expanded into recognitions for deserving corporate organisations. Biodun Abayomi Oyebanji, the governor of Ekiti State and a well-respected philanthropist monarch from Southwest Nigeria, His Royal Majesty, Oba Adedokun Omoniyi Abolarin, the Orangun of Oke-Ila, in Osun State, were…
Read MoreHusband meets Bishop on wife’s bed during early morning visit, stabs him to death
Bishop Shina Olaribigbe of Rapture Empowerment International, Osogbo, was in the early hours of Thursday stabbed to death by an aggrieved husband of one of his church members who met him in his estranged wife’s apartment during an early morning visit. Although details about the couple involved were not immediately available, sources hinted that the woman fighting her husband was attending Olaribigbe’s church located around BCGA Area, where she served as an interpreter. The couple were reported to have had a history of incessant fights, which made them live apart,…
Read MorePort Harcourt, Kaduna refineries, my own story by Obasanjo
Nigeria’s former President, Olusegun O basanjo has revealed new details about Nigeria’s refineries’ woes, recounting failed efforts to privatise the plants and the subsequent alleged financial losses of about $2bn by the facilities under government management. Obasanjo disclosed this on Thursday as the Nigerian National Petroleum Company Limited beckoned the ex-President to visit the recently revamped refineries for a tour. The former President said his successor, Umaru Musa Yar’Adua, rejected a $750m offer from Aliko Dangote, Chairman of Dangote Group, to manage the Port Harcourt and Kaduna refineries in 2007.…
Read MoreTragic: Bride poisons wedding food, one dead, groom, others hospitalised
A wedding in Jigawa State has turned tragic after a bride allegedly poisoned food served at the reception. The incident is said to have left the groom critically ill and one of the wedding guests dead. The incident occurred in the Jahun Local Government Area of the state. Eyewitnesses suggested to PUNCH Online that the bride’s actions may have been driven by a personal vendetta. Speaking to PUNCH Online on Friday, the state Police Public Relations Officer, Shi’isu Adam, confirmed the incident and said an investigation was underway. “We received…
Read MoreEkiti State Gov., Oyebanji, philanthropist King, Adedokun Abolarin named National Infinity Magazine’s Nigerian of the Year 2024
Biodun Abayomi Oyebanji, the governor of Ekiti State and a well-respected philanthropist monarch from Southwest Nigeria, His Royal Majesty, Oba Adedokun Omoniyi Abolarin, the Orangun of Oke-Ila, in Osun State, have been named Nigerian of the Year 2024. The award, instituted in 2010 by National Infinity Magazine, has honoured notable Nigerians and institutions from all walks of life including public servants and business people and has expanded into recognitions for deserving corporate organisations. In recognising Oyebanji, the sixth executive governor of Ekiti State who turned 57 on December 21, in…
Read MoreHome based Eagles trash Ghana to qualify for CHAN,
Nigeria’s home-based Super Eagles have secured their place in the 2025 African Nations Championship after a commanding 3-1 victory over Ghana’s Black Galaxies at the Godswill Akpabio Stadium in Uyo on Saturday. Following a goalless draw in the first leg in Accra, the Eagles dominated the return fixture with three first-half goals. Remo Stars duo Sodiq Ismail and Nduka Junior put Nigeria ahead within the opening 22 minutes before Rangers’ Kazeem Ogunleye extended the lead in the 25th minute. Ghana pulled one back through Stephen Amankuna in the 73rd minute,…
Read MoreVeePee Shettima apologises to families affected by Sokoto bombing
Vice President Kashim Shettima has tendered an apology to the families of victims affected by the recent bombing in Silame Local Government Area, Sokoto State. The airstrikes, carried out on Wednesday, December 25, targeted a logistics base of the Lakurawa insurgent group in two communities within the area but tragically claimed the lives of ten civilians. Three days later, Shettima expressed his heartfelt condolences to the families of those inadvertently affected by the military operation against the terrorist group. Describing the incident as a rare and tragic occurrence, he noted…
Read MoreFashola’ wife speaks on hubby’s love child
Abimbola Fashola, wife of Babatunde Fashola, former governor of Lagos, has denied the accusation that her husband had children outside wedlock. In an interview monitored on News Central television on Thursday, the former first lady of Lagos said there is a source through which she gets political updates about her husband. Abimbola did not provide any information when asked about her husband’s “strained” relationship with his predecessor, Bola Tinubu, during Fashola’s second term as governor of Lagos. “My husband doesn’t discuss political things with me. I don’t get to hear…
Read MoreOwa Obokun: Adeboye’s annointed, Adeyokunu loses out as Gov. Adeleke approves Prince Hastrup
Osun State Governor, Senator Ademola Adeleke has approved with immediate effect, the appointments of both Prince Adesuyi Haastrup as the new Owa Obokun Adimula of Ijesha land and Prince Johnson Adekanmi Abikoye as the new Asaoni of Ora Igbomina A press statement issued by the Hon.Commissioner for Information and Public Enlightenment, Oluomo Kolapo Alimi, to that effect, indicates that the approval of the two monarchs was ratified and approved during the seating of the Osun State Executive Council Meeting presided over by its Chairman and Governor of Osun State, Senator…
Read MoreGreenwich Group celebrates 30th Anniversary, set to break new territories
The Greenwich Group, a leading financial solutions provider in Nigeria, is celebrating 30 years of delivering innovative financial solutions tailored to the evolving needs of stakeholders while contributing to the growth and development of the Nigerian economy. The lead institution, formerly known as Greenwich Trust Ltd, has transitioned from its early days as a Financial Adviser and Issuing House into a Merchant Bank. In March 2024, Greenwich Merchant Bank was granted an Approval- In-Principle (AIP) by the Central Bank of Nigeria (CBN) for a non-operating financial holding company structure. Today,…
Read MoreFmr-Pres. Jonathan’s ex-ADC, Jituboh dies
A former Aide de Camp to ex-President Goodlick Jonathan , Deputy Inspector General of Police DIG Moses Jitoboh, rtd., is dead. Jitoboh reportedly died in the early hours of Friday Jitoboh was the ADC to former President Goodluck Jonathan when he was the Vice President of Nigeria. In 2023 he sued the Nigerian Police for his prematured retirement from the force having not attained the compulsory retirement age of 60 or 35 years in service He is from Bayelsa State
Read MoreAccess Holdings Plc secures full regulatory approvals for recently closed rights of ordinary shares
Access Holdings Plc (‘the Company’) today announces that it has secured the full regulatory approvals of the Central Bank of Nigeria and the Securities and Exchange Commission of its recently closed Right Issue of 17,772,612,811 Ordinary Shares of 50 Kobo each at N19.75 Kobo per share (‘the Rights Issue’) and has raised the target amount of N351,009,103,017.25. This development has positioned the Company’s flagship subsidiary, Access Bank Plc (‘the Bank’) as the first bank to meet the Central Bank of Nigeria’s N500 billion minimum capital requirements for Banks with International…
Read MoreNigeria’s military authority reacts to alleged bombing of civilian target in Sokoto raid
Nigeria’s military authorities have cleared the air on allegations that its recent operations in Northwest of Nigeria bombed two communities in Silame Local Government Area of Sokoto State, leaving many villagers dead while several others injured. Spokesman for Operation Fansan Yamma, Lieutenant Colonel Abubakar Abdullahi, did not confirm if military jets struck the communities, he however admitted that there is a significant risk that Lakurawa and other terrorist groups “may attempt to undermine military successes through media disinformation, necessitating caution concerning unverified claims, especially in the ongoing fight against terrorism…
Read MoreFull List: Interpol declares 14 Nigerians wanted for drugs, fraud, robbery
The International Police has declared no fewer than 14 Nigerians wanted for offences ranging from human trafficking, drug trafficking, robbery, cheating, and forgery, among others. According to Red Notices published on the INTERPOL website, the 14 Nigerians were wanted by different countries where they had allegedly committed the crime. The notices identified the wanted persons as Felix Omoregie, Jessica Edosomwan, Uche Egbue, Jude Uzoma, Chinedu Ezeunara, Benedict Okoro, Ikechukwu Obidiozor, and Alachi Stanley. Others are Bouhari Salif, Timloh Nkem, Austine Costa, Okromi Festus, Akachi Vitus and Mary Eze. According to…
Read MoreChristmas: Its low key, as consumers lament high prices
As Nigerians celebrate Christmas, traders across various markets in Nigeria are lamenting poor patronage amid skyrocketing food prices, a sharp contrast to the festive sales experienced in previous years. In Lagos, Abuja, Osun, Rivers, Edo, Kano, Kaduna, and Sokoto, among other states, traders decried the high cost of food items and ever-increasing food inflation on the jump in the petrol pump prices nationwide. This came as consumers of food commodities called on the Federal Government to work hard to address the spike in Nigeria’s inflation, as they lamented their inability…
Read MoreI stand by my words, Farotimi reacts after release from prison
A human rights advocate, Dele Farotimi, has been released from the correctional centre in Ekiti State after meeting his bail conditions. Farotimi was released on Tuesday morning. Last week Friday, at a magistrate court in Ado-Ekiti, the state capital, granted Farotimi bail conditions, including a N30 million bond, two sureties, one of whom must be a property owner, a submission of Farotimi’s passport and a prohibition of Farotimi granting media interviews once released. However, addressing media personnel after his release, Farotimi said he had never had any course to lie…
Read MoreIbadan Stampede: Ooni’s ex-wife, Naomi, popular broadcaster remanded in prison
A Chief Magistrate’s Court sitting in Iyaganku, Ibadan, Oyo State, on Tuesday, ordered the remand of the former wife of the Ooni of Ife, Naomi Silekunola; the Chief Executive Officer of Agidigbo FM, Oriyomi Hamzat; and the Principal of Islamic High School, Basorun, Abdullahi Fasasi, at the Agodi Correctional Centre. The trio were arraigned in connection with the recent stampede at an Ibadan funfair held at Islamic High School, which resulted in the deaths of 35 children and left several others injured. The Presiding Magistrate, Olabisi Ogunkanmi, ruled that the…
Read More39 dead at Ernest Obiejesi, Abuja Catholic Church’s stampede over free food sharing
About 39 Nigerians reportedly lost their lives following stampedes during food-sharing events in Okija, Anambra State, and Maitama, Abuja, on Saturday. National Infinity reports that in the struggle to get ahead and obtain the free food items distributed by organisers, the residents trampled upon one another, leading to the deaths. While 10 residents died in Abuja, 29 were reported killed in Anambra. These stampedes are coming days after a similar incident occurred in Ibadan, Oyo State, where 35 children lost their lives and several others were left critically injured during…
Read MoreWe will achieve tax reforms, no regret for removing subsidy -Tinubu at maiden Presidential parley
The President, Asiwaju Bola Ahmed Tinubu has said his administration will push through the tax reforms bills. Tinubu spoke at his maiden Presidential media chat in Lagos on Monday, aired on the Nigerian Television Authority, on Monday night, saying the tax reforms were necessitated by the need to eliminate colonial-based assumptions in the nation’s tax environment. The President stressed that tax reforms was pro-poor and aimed at widening the tax net, noting that it was typical for tax reforms to be accompanied by outcries. He said, “Tax reform is here…
Read MoreAlake on Rescue Mission: A review, by Tunde Rahman
By Tunde Rahman “Alake on Rescue Mission” is much more than a photo book of activities, events and work of the Minister of Solid Minerals Development, Dr. Oladele Henry Alake, in one year in office. It’s a serious-minded and exciting piece of writing on the minister’s stewardship. If you see it as the official book on the Minister’s achievements in one year in office, you will hit the nail on the head. Appointed on August 15, 2023, Dr. Alake has spent around 14 months as Minister of Solid Minerals, meaning…
Read More10 major takeaways from Tinubu’s 2025 budget speech
President Bola Ahmed Tinubu presented the 2025 Appropriation Bill to a joint session of the National Assembly on Wednesday, outlining an ambitious financial plan themed the “Budget of Restoration: Securing Peace, Rebuilding Prosperity.” The proposal focuses on stabilizing the economy, creating an equitable environment for business, and fostering inclusive growth. Here are 10 major takeaways from President Tinubu’s 2025 budget speech 1. Theme of the Budget: The 2025 budget is titled the “Budget of Restoration: Securing Peace, Rebuilding Prosperity.” It focuses on stabilizing the economy, improving lives, and laying a…
Read MoreCrucial factors that can protect you from developing dementia -Research
Eating two and a half chicken breasts a day from mid-life onwards could dramatically reduce your risk of developing the memory robbing disease, dementia, experts have urged Getting enough protein is among the ‘four pillars’ of prevention identified by researchers in a new report, which also includes exercise, treating long-term health conditions and maintaining strong social links with friends and family. These factors are crucial because they help an older person avoid frailty, which Australian research recently found could predict if you’ll get dementia almost a decade before a diagnosis.…
Read MoreFG sack Julius Berger from Abuja-Kaduna dual carriageway
The Federal Government has terminated the contract for the Rehabilitation of the Abuja-Kaduna-Zaria-Kano Dual Carriageway, Section I (Abuja-Kaduna) being handled by Julius Berger Construction company. The Minister of Works, David Umahi, had two weeks ago, threatened to revoke the contract after seven days if Julius Berger refused the federal government’s offer of N740.79bn for the completion of the 82km section II of the Abuja-Kaduna-Zaria-Kano. A statement by the Director of Press, Federal Ministry of Works, Mohammed Ahmed, said the decision was made following the failure of the management of Berger…
Read MoreIbadan Stampede: Ooni mourns, 35 kids feared dead as police arrests Queen Naomi, seven others
The Oyo State Police Command has disclosed the arrest of the ex-queen of the Ooni of Ife, Naomi Silekunola; the Principal of Islamic High School, Ibadan, Fasasi Abdulahi; and six others in connection to the death of some children during a stampede at a funfair in Ibadan, the state capital, on Wednesday. The ex-queen of the Ooni of Ife was named as the main sponsor of the event. The Ooni of Ife, Oba Adeyeye Ogunwusi, has expressed sympathy to the families of children who died at the funfair in Ibadan,…
Read MoreThree foods that could stop prostate cancer in its tracks -Research
Eating lots of fish, olive oil and walnuts while limiting chips, biscuits and mayonnaise can slow the growth of early prostate cancer, according to a study. New research suggests that simple dietary changes may help reduce prostate cancer cell growth in patients undergoing active surveillance. This is a treatment approach that involves regular monitoring of the cancer without immediate intervention. The findings show that a diet low in omega-6 but high in omega-3 fatty acids, combined with fish oil supplements, significantly reduced the growth rate of prostate cancer cells in…
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