Category: Featured

Featured

Subsidy: ‘Petrol price will come down’, says NNPC

Aminu Imam

The Group Chief Executive Officer, Nigerian National Petroleum Company Limited, NNPCL, Mele Kyari, has allayed the fear of Nigerians on the rising prices of Premium Motor Spirit, otherwise known as petrol, across the country. Speaking in an interview on a television programme yesterday, Kyari said the removal of subsidy would allow new entrants into the market, a move he said, would aid competition and phase out monopoly. This, he claimed, would ensure healthy competition which would ultimately lead to a downward review of pump prices of petroleum across the country.…

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NNPCL confirms petrol price increment

Aminu Imam

…Announces new fuel price across States The Nigerian National Petrol Company Limited, (NNPCL) yesterday confirmed the upward review of pump prices of Premium Motor Spirit, (PMS), popularly known as petrol, across the country. Less than 24 hours after President Bola Tinubu declared an end to fuel subsidy, the pump price of petrol ballooned to N600 per litre from N195/l in many parts of the country. Consequently, there was a 100 percent hike in transport fares, while long queues resurfaced at fuel stations across Lagos, Abuja, Kaduna, Ilorin, Benin, Asaba, Port…

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Subsidy removal announcement: Fuel queues resurface in Abuja, other cities

Aminu Imam

Some petrol stations in the nation’s capital, Abuja and other cities have started witnessing queues following announcement by President Bola Tinubu that “fuel subsidy is gone”. Tinubu in his inaugural speech on May 29th, 2023, had declared that fuel subsidy which had been a lingering issue in the country, especially between Labour and the Federal Government, was over. Many private petrol stations in many parts of the country were also not selling as at yesterday, as many of them were reportedly under lock and key. In the FCT, one of…

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Bola Tinubu: Kingmaker becomes Nigeria’s 16th President, Leader

Aminu Imam

By Hassan Umar Farouk, State House correspondent Bola Ahmed Tinubu, the president-elect, and Kashim Shettima, the vice president-elect, yesterday officially assumed their positions as president and vice president of Nigeria, respectively. Chief Justice of the Federation, Olukayode Ariwoola, administered the oath of office to the President, shortly after the Vice-President took his oath of office a few minutes after ten, yesterday morning, at Eagle Square, Abuja.  Tinubu became one of the 16 Nigerians privileged to occupy the nation’s highest political office since its independence in 1960, and also its seventh civilian to…

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May 29 Inauguration: Tinubu mounts the saddle as Nigeria’s 16th President

Aminu Imam

…28 States Govs-elect take charge Nigeria’s federal capital, Abuja, and 28 State capitals are agog, as Asiwaju Bola Ahmed Tinubu would be sworn-in today, Monday as the successor to the outgoing President Muhammadu Buhari, whose two-term tenure of eight years ends today. Ahead of today’s inauguration of the President-elect, as well as 28 State chief executives, there is also a security beef-up to prevent any breakdown of law and order. Recall that Bola Ahmed Tinubu, the candidate of the All-Progressives Congress (APC) emerged victorious during the February 25 presidential polls while 28…

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May 29 Inauguration: Liberty TV and FM Radio stations offers ‘live coverage’ of activities

Aminu Imam

Liberty TV and FM Radio Stations Media Group have announced plans to cover live the inauguration of President-Elect, Asiwaju Bola Ahmed Tinubu and the New Governors of Kaduna, Kano and Katsina States on May 29. In an issued statement by the Executive Chairman of ATAR Communications Nigeria Ltd, Owners and Operators of Liberty TV and FM Stations in Abuja Kaduna and Kano, Alhaji (Dr.) Ahmed Tijjani Ramalan said the Inauguration Day events would be covered Live, to provide comfort for our millions of audiences and well-wishers in Nigeria, West, Central…

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Concerns grow, as Nigeria Air is flown into Abuja on ‘borrowed’ Ethiopian Airlines

Aminu Imam

Stakeholders in the aviation sector have expressed concerns over controversies surrounding the acquisition of aircraft used to float the national carrier, Nigeria Air. Findings have revealed that the Minister of Aviation, Hadi Sirika, had contacted Ethiopian airlines few days ago, to provide an aircraft that would be presented to Nigerians as an aircraft belonging to Nigeria Air. Ethiopian airline obliged by repainting and rebranding one of its Boeing 737-860 Max aircraft. Investigations show that the Boeing 737-860 Max has registration Number ET-APL, Mode S Q4005C, and serial number: 40965/4075. It…

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May 29: “It’s time to pass baton; I’ve run a good race” – Buhari

Aminu Imam

President Muhammadu Buhari yesterday scored himself high, as he declared that he has run a good race. President Buhari gave himself pass mark while speaking at the investiture of National Honours of the Grand Commander of the Order of the Federal Republic, (GCFR), on the President-elect, Asiwaju Bola Tinubu and the Grand Commander of the Order of the Niger, GCON, on Vice President-elect Kashim Shettima. The outgoing President handed the Transition Documents as well as the symbolic Baton of Service over to Asiwaju Tinubu at the event, which was held…

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Ahead of May 29, EFCC launches mass probes of governors, deputies

Aminu Imam

The Economic and Financial Crimes Commission (EFCC) has reportedly launched a mass investigation of 28 governors and their deputies ahead of their handover on May 29. The governors under investigation are those who shall lose constitutional immunity from being prosecuted in a few days’ time. According to reports, a memo indicated that the anti-graft agency is after at least 28 governors and their deputies among the 36 we have in Nigeria. Eighteen of the 28 governors under investigation will be leaving the office in the next couple of days At…

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President Buhari flags-off resumption of oil exploration in Chad Basin

Aminu Imam

President Muhammadu Buhari yesterday flagged-off the resumption of physical activities towards the exploration of crude oil and gas in the Chad Basin area. Speaking virtually at the Wadi-B Drilling Campaign which physically took place in Borno State, President Buhari expressed his belief that the successes recorded in the Kolmani River 2 and Nasarawa State would be replicated in the area. The President affirmed that the country stands to benefit immensely from a positive outcome of the operations, as there would be an increase in National crude oil and gas reserves…

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