Category: Governance
EFCC Arrests Four Chinese, 27 Others Over Illegal Mining in Jos
The Economic and Financial Crimes Commission (EFCC) has arrested four Chinese nationals and 27 Nigerians for alleged illegal mining activities in Jos, Plateau State. The arrests were made on Saturday at the premises of Jiasheng Nigeria Limited, located at Dura Rayfield, Mangu Road, Jos, following credible intelligence linking the company to illegal mining operations. In…
Ezekwesili Calls for Akpabio to Step Aside Amid Sexual Harassment Allegations
Former Minister of Education, Oby Ezekwesili, has called on Senate President Godswill Akpabio to step aside pending an investigation into sexual harassment allegations leveled against him by Senator Natasha Akpoti-Uduaghan. The allegations arose following a heated argument between Akpabio and Akpoti-Uduaghan over seating arrangements in the Senate. In a statement issued on Monday, Ezekwesili demanded…
Naira Depreciates to N1,570/$ in Parallel Market, Widens Gap with Official Rate
The Nigerian Naira experienced a decline in the parallel market on Monday, depreciating to N1,570 per dollar from N1,545 per dollar over the weekend. However, in the Nigerian Foreign Exchange Market (NFEM), the Naira appreciated to N1,528 per dollar, according to data published by the Central Bank of Nigeria (CBN). This represents a N14 gain…
Police Seal Church in Lagos Over Alleged Murder of LASU Graduate
The Lagos State Police Command has sealed a church following allegations that a 28-year-old graduate of Lagos State University (LASU), Adedamola Ogunbode, was killed and buried on its premises. Benjamin Hundeyin, the Police Public Relations Officer (PPRO) for the Lagos State Command, confirmed the development on Monday during a briefing with journalists at the command…
Tinubu Urges Governors to Prioritize Poor and Vulnerable Nigerians Amid Hardship
President Bola Tinubu has called on state governors and other political leaders to focus their resources and policies on addressing the needs of poor and vulnerable Nigerians. The President made the appeal on Monday during an Iftar dinner at the State House in Abuja, where he hosted governors, members of the Federal Executive Council (FEC),…
Budget Minister Defends Expansionary Spending, Says It’s Key to Economic Growth
Amid growing concerns over Nigeria’s increasing budget size and deficits, the Federal Government has defended its preference for an expansionary fiscal policy, which involves running large budget deficits and accumulating debt. Senator Abubakar Bagudu, Minister of Budget and Economic Planning, explained the government’s stance during a media chat in Lagos, stating that the expansionary budgetary…
IPOB’s Lawyer Criticizes Anambra Governor Over Ban on Public Preaching
The legal counsel to the Indigenous People of Biafra (IPOB), Barrister Ifeanyi Ejiofor, has strongly opposed the Anambra State Government’s recent ban on public preaching and the imposition of a ₦500,000 fine on defaulters. Ejiofor, speaking to journalists in Owerri on Monday, described the ban as a violation of Section 38(1) of the 1999 Constitution…
Keyamo Declares Tinubu’s 2027 Re-Election a “Done Deal,” Predicts PDP’s Fall in Delta
The Minister of Aviation and Aerospace Development, Festus Keyamo, has expressed confidence in President Bola Tinubu’s re-election in 2027, describing it as a “done deal.” Keyamo also predicted the downfall of the Peoples Democratic Party (PDP) in Delta State during the next election cycle. The minister made these declarations on Sunday at a welcome reception…
Rivers Crisis: APC Calls for Governor Fubara’s Resignation or Impeachment
The All Progressives Congress (APC) in Rivers State has called on Governor Siminalayi Fubara to either resign from office honourably or face impeachment by the State House of Assembly. The party accused the governor of committing numerous impeachable offences, citing the recent judgment of the Supreme Court as evidence of his alleged misconduct. Speaking at…
CBN Monetary Policies Yielding Results, but Fiscal Challenges Loom
After months of trial and error, the Central Bank of Nigeria (CBN) appears to be on the right track with its monetary policies. The exchange rate is stabilizing, and the gap between the official and parallel market rates has significantly narrowed. For the first time in years, Nigeria is close to achieving a relatively stable…