Zamfara: Governor Matawalle approves death penalty for bandits, kidnappers, cultists

…Bars political activities, rallies  Zamfara State Governor, Mohammed Bello Matawalle, has signed into law the anti-banditry Bill, which proposes the death penalty for those found guilty of banditry, kidnappings and other related offences, as part of his administration’s efforts to end insecurity in the State. Matawalle, in a live broadcast in Gusau, the State capital, said the death penalty for criminals is contained in the Prohibition and Punishment for Banditry, Cattle Rustling, Cultism, Kidnapping and Other Incidental Offences, 2022 Act, which he signed on June 28, 2022. Based on the…

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Fuel subsidy hits N1.593tr, refinery rehabilitation gulps N54.66bn – Report

The latest data on the amount spent on subsidising Premium Motor Spirit (PMS), popularly called petrol, released on Monday showed that the Government subsidised the commodity with N1.593tn between January and June 2022. Figures obtained from the Nigerian National Petroleum Company Ltd. (NNPCL)’s presentation to the Federation Accounts Allocation Committee (FAAC) meeting for July 2022 showed that subsidies on petrol were implemented in June. Recall that the company transited from a public oil firm to a commercial entity last month. It was also gathered that the NNPCL pumped N54.66bn into…

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Nigeria’s music industry to hit $44m as artists streaming revenue soars

A study conducted in Nigeria by a firm, Statista, revealed that Nigeria’s music sector’s revenue is projected to increase to $44 million (roughly N18.5 billion) by 2023. According to the research and projection by Statista, the country’s music industry’s revenue grew from $26 million in 2014 to $34 million in 2018.  This is because as technology continues to impact the music industry with easy access to music, Nigerian artists are earning streaming royalty through digital distribution platforms. The industry has also gone from CD eras to streaming eras, with streaming…

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National Debt: “FG can keep borrowing till eternity” – APC Chair, Adamu

The National Chairman of the All Progressives Congress (APC), Abdullahi Adamu, has justified the perennial borrowings of the Federal Government despite warnings from experts and financial organisations on the danger such portends for the country’s economy and debt profile. Adamu, who hinged his justification on the fact that developed countries in Europe and North America also borrow for one reason or the other,  stated this when he featured on a television programme on Monday. According to him, the Federal Government “can borrow from here to eternity”, adding that countries like…

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2023: ‘Peter Obi needs N50bn to defeat Tinubu’, Says Fayose

The younger brother to former Ekiti State Governor, Ayodele Fayose, Isaac, has said the Labour Party, (LP) presidential candidate, Peter Obi, needs N50 billion to win the 2023 election. In a video, Fayose said Tinubu has both the structure and the money to become Nigeria’s next president. According to him, Obi’s online popularity is not enough to ensure his victory in 2023, stressing that he needs N50 billion to defeat the All Progressives Congress (APC) presidential candidate, Bola Tinubu in 2023. He noted that the Labour Party presidential candidate lacks…

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2023: Shekarau speaks on rumoured defection to another party

Former Kano State Governor, Ibrahim Shekarau has said he is yet to decide whether to leave the New Nigeria Peoples Party (NNPP) for the Peoples Democratic Party (PDP), or any party. The media has been awash with reports that Shekarau has concluded plans to defect to PDP from his new party- the NNPP- founded by former Governor Rabiu Musa Kwankwaso. The Shura Consultative Assembly, which is the highest decision-making body of Shekarau’s political structure, has rejected overtures from the PDP for the two-time Kano Governor to defect to the party.…

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Enugu: One killed, arms, loot recovered in raid of IPOB/ESN camp – Police

The Police in Enugu State have said they raided the camp of the proscribed Indigenous People of Biafra (IPOB) and the Eastern Security Network (ESN), in Agu-Ibeje forest, Enugu-Ezike, Igbo-Eze North local government area in Enugu State. The State’s Police Command spokesman, Daniel Ndukwe, yesterday said the Command’s tactical squads and ‘Operation Restore Peace’ carried out a tactical and intelligence-driven dusk-to-dawn raid on the IPOB/ESN camp between August 11 and 12. According to him, the raid was in pursuance of the crime-fighting strategies devised by the State’s Commissioner of Police,…

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“Keep off Nnamdi Kanu’s case” – Coalition of 52 Northern Groups tell UN

A Coalition of 52 Northern Group, (CNG), has warned the Federal Government to be wary of the United Nations (UN)’s interest in the case of the detained leader of the banned Indigenous People of Biafra, (IPOB), Nnamdi Kanu.  The CNG equally cautioned officials of the UN to keep off Nigeria’s internal affairs, particularly Kanu’s case. This is even as the 52 organisations accused the Nigerian Labour Congress (NLC) of deception, saying that its failure to execute the threat to embark on a 3-day nationwide strike two weeks after its public…

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Nationwide blackout looms, as electricity workers set to begin strike tomorrow  

There are indications that the nation’s electricity supply crisis might worsen from tomorrow, Wednesday, as Organised Labour has directed workers in the power sector to down tools and commence an indefinite strike over pending the union’s issues with the Transmission Company of Nigeria, (TCN). Under the aegis of the National Union of Electricity Employees, (NUEE), as a prelude to the strike, the aggrieved workers are scheduled to picket the Abuja National Headquarters of TCN today. In a circular dated August 15, 2022, issued by the NUEE General Secretary, Joe Ajaero,…

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Amid soaring food prices, inflation rate hits 19.64%, highest in 17 years – NBS

Nigeria’s inflation rate in the month of July 2022 rose to a 17-year high of 19.64%, as the prices of food rose across the nation, the National Bureau of Statistics, (NBS), has disclosed. In a report it released yesterday, the NBS said the figure was 2.27% higher compared to 17.38% recorded in July 2021. On a month-on-month basis, it said the headline inflation rate in July 2022 was 1.817%, which was 0.001% higher than 1.816% recorded in June 2022. It further said food inflation rose to 22.02% on a year-on-year…

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