Day: September 2, 2023

Tompolo’s firm accuses Navy of shielding crude oil thieves on high seas

Aminu Imam

…Says Navy arresting own personnel The management of Tantita Security Services Nigeria Limited, a Federal Government-contracted oil pipeline surveillance firm, has accused the Nigerian Navy of shielding some suspected oil thieves being pursued by its personnel. It alleged that the Navy arrested four of its personnel chasing the suspects on the high seas towards a naval base. This was contained in a statement issued by Tantita management and made available to journalists in Warri, Delta State on Saturday on the heels of the purported arrest of four surveillance personnel of…

Read More

‘How Zamfara officials allow terrorists participate in 2023 Hajj’ – Report

Aminu Imam

Officials of the Zamfara State 2023 Hajj committee deliberately allowed known terrorists participate in the just concluded Hajj exercise in Saudi Arabia, a government report has revealed, according to an official. The report also accused some of the officials of embezzling funds, not having proper documentation, criminal reduction of pilgrims’ allowances among other corrupt practices. This revelation comes amidst earlier reports in the media on how security agents apprehended terrorists, their wives as well as some informants working for the terrorists at the Sultan Abubakar III International Airport in Sokoto…

Read More

Economic Hardship: NLC to commence two-day warning strike

Aminu Imam

The Nigeria Labour Congress (NLC) says it will commence a two-day nationwide warning strike from Sept. 5 to 6, unless the Federal Government addresses the excruciating suffering of the masses. NLC President, Joe Ajaero, stated this while addressing newsmen at the end of the National Executive Council (NEC) of the congress yesterday in Abuja. Ajaero, while reading the communiqué, which was jointly signed by the General Secretary of the Congress, Emmanuel Ugboaja, said the resolutions were reached after exhaustive deliberation. According to him, NEC in session resolved to embark on…

Read More

“Fuel demand down by 30%” – NNPC GMD, Kyari

Aminu Imam

Fuel demand has declined by 30 percent since President Bola Ahmed Tinubu announced the removal of fuel subsidies in May. Group Managing Director (GMD) of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, disclosed this at a media briefing yesterday, in Abuja. According to the GMD, who was seated beside the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, the fall in fuel demand from approximately 66.7 million litres daily before the removal of subsidies to approximately 46 million today means a 30% reduction in NNPCL’s demand for foreign…

Read More

“Solid minerals, new petroleum for Nigeria” – Minister, Dele Alake

Aminu Imam

Minister of Solid Minerals Development, Dele Alake, has hinted on strategic measures proposed by the Tinubu-led administration to tackle the menace of illegal mining, as it seeks to make solid mineral sector the new petroleum for Nigeria. According to the Minister, the menace of illegal mining that has eroded and deprived the country of substantial revenue will be nipped in the bud under the political will and firmness of the administration of President Ahmed Tinubu. According to him, “The solid minerals sector is now the focal point of generating revenue…

Read More

Terrorism: “We need help” – COAS cries out to UN Rep.

Aminu Imam

…Says bandits use explosive devices for operations The Chief of Army Staff, (COAS), Lt. Gen. Taoreed Lagbaja, has sought help from the United Nations Office for Counter-Terrorism, to tackle increasing threats in the country as he said bandits have morphed their methodology and now use explosive devices in their operations. Lagbaja made this known on Thursday, when he received the Under Secretary-General, United Nations (UN) Office for Counter-Terrorism, Vladimir Voronkov, in his office in Abuja. The COAS, who expressed the willingness of the military to partner with the UN said…

Read More

Donald Trump’s election fraud trial will be live-streamed – US Court

Aminu Imam

Former United States (US) President, Donald Trump’s trial in the State of Georgia over charges of election fraud will be live streamed and televised, a judge has ruled. According to a BBC report, all the hearings will be available live on Fulton County Court’s YouTube channel, according to Judge Scott McAfee. Though proceedings in Fulton County’s courts are usually live streamed, it will be the only one of Trump’s four trials that will be broadcast, and could be one of the most watched trials in recent years. A date for…

Read More

President Tinubu met a ‘dead horse but standing’ economy – Soludo

Aminu Imam

Anambra State Governor, Prof Chukwuma Soludo, has stated that President Bola Tinubu had inherited an economy akin to a “moribund horse standing upright”. Soludo, a former governor of Nigeria’s Central Bank, (CBN), provided his analysis of the country’s present macro-economics during an appearance on a television programme yesterday. While responding to Tinubu’s criticism of spending 90 percent of the country’s revenue on external debt servicing, Soludo remarked: “From a macro-economic perspective, this government inherited an economy that could be likened to a lifeless but still-standing horse. However, in the coming…

Read More

Jonathan’s PDP regime was last to stabilise our economy” – Coordinating Economy Minister, Wale Edun

Aminu Imam

Minister of Finance and Coordinating Minister of the Economy, Olawale Edun, has asserted that Nigeria’s economy last appeared stable about a decade ago, during former President Goodluck Jonathan’s tenure. At his first press conference as the finance minister yesterday in Abuja, Edun stated that the foreign exchange (FX) rate was constant, as were interest rates between 2013 and 2014. According to him, the country had enough foreign exchange at the time, so when people came in to invest and needed to import raw materials or machinery, the government could supply…

Read More

“Too many people are after my job in NIMASA” – Jamoh cries out

Aminu Imam

…Accuses rivals of smear campaign The Director-General of the Nigeria Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh, has given an insight into the barrage of allegations against him in recent times in some sections of the media. Jamoh, currently attending a conference in Ghana, expressed frustration with the persistent allegations, which include financial impropriety and nepotism, attributing these attacks to individuals seeking his position. The NIMASA DG, while declaring that he was tired of hearing the barrage of allegations which has become a pastime for his distractors, also…

Read More