Category: Featured

Featured

Judgment Day: “Tinubu convinced he defeated Atiku, Obi; won’t threaten judiciary” – Presidency says, on PEPC ruling

Aminu Imam

Ahead of the presidential election petitions tribunal ruling, the Presidency says President Bola Tinubu does not need to threaten the judiciary because the ex-Lagos governor is convinced he defeated opposition candidates, Atiku Abubakar (of the Peoples Democratic Party) and Peter Obi (of the Labour Party) in the February 25 presidential election. Barring any unforeseen circumstance, the presidential election tribunal is expected to deliver judgment today, Wednesday. Asked in an interview during a television programme on Monday, if President Tinubu was worried about the tribunal’s ruling, his media aide Ajuri Ngelale…

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NLC shuns FG’s meeting, as Banks, insurance firms, maritime workers to join 2-day warning strike

Aminu Imam

The leadership of the Nigeria Labour Congress (NLC) has boycotted a meeting convened yesterday by the Minister of Labour and Employment, Simon Lalong, with a view to averting the two-day warning strike already declared by the Organised Labour. Recall that the NLC recently announced plans to embark on a nationwide strike today, Tuesday, to protest the hike in petrol pump price, electricity tariff, alongside other issues, and accused the Federal Government of abandoning negotiations. The Congress also said the Government has failed to implement some of the resolutions reached at…

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‘FG to rejig N-Power scheme, pay beneficiaries’ – Minister Edu

Aminu Imam

The Minister of Humanitarian Affairs and Poverty Alleviation, Dr. Betta Edu, says plans are underway to rejig the N-Power scheme to accommodate more people and ensure prompt payment of beneficiaries’ stipends. Edu disclosed this in a statement issued yesterday by her Special Adviser, Media and Publicity, Rasheed Zubair, in Abuja. The statement reported the Minister as saying that the challenges faced by N-Power beneficiaries in terms of delay in payment of their stipends would soon be addressed. “We will change the modalities so that people will get their delayed stipends,…

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Fresh appointments underway, as Tinubu recalls all Nigeria’s Ambassadors

Aminu Imam

President Bola Tinubu has recalled all Nigeria’s career and non-career ambassadors. The Minister of Foreign Affairs, Ambassador Yusuf Tuggar, announced this yesterday, in a statement issued by Tuggar’s media aide, Al-Qasim AbdulKadir in response to inquiries that Tinubu recalled the Nigerian Ambassador to the United Kingdom, Sarafa Ishola. The statement reads: “Sequel to the inquiries on the letter recalling the Nigerian ambassador to the UK, the Minister of Foreign Affairs, Ambassador Yusuf Maitama Tuggar, has clarified that all career ambassadors and non-career ambassadors have been recalled on the instructions of President Bola…

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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…

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Zamfara Governorship Tribunal: PDP alleges plan to bribe Judges by APC

Abdul-Azeez Ahmed Kadir

…No, it is PDP sponsored act against us – APC By; Abdull-Azeez Ahmed Kadir The Peoples Democratic Party PDP Zamfara State chapter has alleged a plan to bribe the state governorship election tribunal judges to influence the judgement of the ongoing case against her by the All Progressive Congress APC. In a statement signed by the state PDP Acting Chairman, Mouktar Lugga, he alleged that the members of the State House of Assembly are also to be induced financially  to commence the impeachment of the state Governor Dauda Lawal Dare.…

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Tinubu to meet President Biden at UNGA 2023

Aminu Imam

…”He’s the only African leader Biden wants to me” – US envoy President Bola Tinubu will be speaking with the United States (US) President, Joe Biden, on the sidelines of the United Nations General Assembly (UNGA) in September. This follows Tinubu’s acceptance of an invitation extended to him by his American counterpart. The development is sequel to a meeting between Tinubu and US Assistant Secretary of State for African Affairs, Ambassador Molly Phee. Presidential spokesperson, Ajuri Ngelale, quoted Phee as saying this on Saturday when Tinubu hosted her at the…

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“Expect improved power supply as from 6 months” – Power Minister Adelabu to Nigerians

Aminu Imam

Minister of Power, Adebayo Adelabu, says Nigerians will start witnessing improved electricity supply between six months and one year. Adelabu, who was one of the 45 ministers inaugurated by President Bola Tinubu on Monday, stated this to journalists on Friday at the Ladoke Akintola Airport, in Ibadan, the Oyo State capital, The Renewed Hope minister acknowledged that the task ahead may be daunting but not insurmountable. “We know it is not something that is achievable overnight; but we believe that once the foundation is laid, others can also build on…

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Former oil minister, Diezani Alison-Madueke charged to court over bribery – UK Police

Aminu Imam

Former OPEC President Diezani Alison-Madueke has been charged with bribery related to her time as the oil minister of Nigeria, according to the UK National Crime Agency, (NCA), yesterday. Alison-Madueke, who was in office from 2010 to 2015, was the first woman to be oil minister in Nigeria and the first female president of the global oil cartel OPEC. The head of the NCA’s international corruption unit, Andy Kelly, in a statement, said: “We suspect Diezani Alison-Madueke abused her power in Nigeria and accepted financial rewards for awarding multi-million-pound contracts”.…

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Nigeria’s foreign reserves at an all-time low of $3bn – US firm, JP Morgan reveals

Aminu Imam

Nigeria’s net external reserves declined to an all-time low of $3.7 billion as at the end of last year, according to an August 17 report by American multinational financial services firm, JP Morgan. In its new report, JP Morgan stated: “Based on partial information from the audited financial accounts, we estimate that CBN’s net FX reserves were around US$3.7bn at the end of last year, from US$14.0bn at the end-2021”. In arriving at the estimate, JP Morgan made a few assumptions which include: “FX forwards ($6.84bn), securities lending ($5.5bn) and…

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