News
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Lagos-Calabar Highway is Tinubu’s personal business – Atiku
Atiku Abubakar, the Peoples Democratic Party (PDP) presidential candidate for 2023, has accused President Tinubu and his associates of personal interests in the Lagos-Calabar highway project. Atiku alleges a lack of proper bidding and notification before the contract award and demolition of properties for the project. He suggests this handling contributes to Nigeria’s struggle to attract foreign investment. Atiku claims Tinubu’s ties to the contractor and his son’s involvement in companies linked to the project present conflicts of interest. He stated, “The fact that President Bola Tinubu’s son and his surrogates are on the board of companies owned by Gilbert…
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CBN directs banks to charge 0.5% Cybersecurity levy
The Central Bank of Nigeria (CBN) has instructed deposit money banks across the nation to introduce a 0.5% cybersecurity levy on specific transactions conducted by their customers. The directive was dispatched to all commercial, merchant, non-interest, and payment service banks, as well as mobile money operators and payment service providers. The apex bank specified that the levy’s enforcement would commence two weeks from the circular’s issuance. “Following the enactment of the Cybercrime (Prohibition, Prevention, etc) (amendment) Act 2024 and pursuant to the provision of Section 44 (2) (a) of the Act, ‘a levy of 0.5% (0.005) equivalent to a half…
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FG reduces electricity tariff for ‘Band A’ Customers
The Federal Government announced the decrease in the electricity tariff for Band A customers. Previously, the Nigerian Electricity Regulatory Commission (NERC) mandated customers receiving a daily supply of at least 20 hours to pay N225/Kwh. However, following the approved review, Band A customers will now pay N206.80/Kwh. Ikeja Electric, in a notice to its customers on Monday, said ”Please be informed of the downward tariff review of our Band A feeders from N225/kwh to N206.80/kwh effective May 6, 2024, with guaranteed availability of 20–24 hours of supply daily.” The tariffs for Bands B, C, D, and E remain unchanged.”
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Demolition: Residents of Mende were served notices – Lagos Commissioner for Environment. Tokunbo Wahab, says
Tokunboh Wahab, the Lagos State Commissioner for Environment and Water Resources, has clarified that owners of the demolished properties impeding drainage flow in Mende, Maryland area, were served with “necessary notices” prior to the removal of their buildings from the System 1 Drainage Right of Way over the past weekend. Speaking on Channels TV on Sunday, May 5, Wahab mentioned that property owners had been informed as early as 2021. Although during the demolition, the property owners claimed they were given only two hours notice before the government demolished their buildings, the commissioner asserted that the drainage right of way…
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We will NEVER agree to their Marriage- Wofai Fada’s Father-In-Law explains his position as family release disclaimer to REJECT her
Wofai Fada’s engagement to her partner, Taiwo Cole as well as their traditional wedding in Ugep, Cross River State has been rejected by the Groom’s family because the event was allegedly held without the notice of the family. In a leaked audio conversation between Taiwo’s father and his female friend, Kunle’s father addressed the relationship of his son with the actress and his stance for a public disclaimer. According to the father, Wofai Fada is 38 years old while his son is 30; and the marriage arrangement was recently mentioned to him without proper arrangements. He stated that his son…
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Banditry is now a business venture for the criminals in Government – Katsina Governor, Dikko Radda
Katsina State Governor, Dikko Radda, accused certain government officials and security personnel of facilitating insecurity, particularly banditry, in the nation. He made these assertions during an appearance on Channels Television’s program, Politics Today, on Friday. The governor further remarked that combating banditry has become challenging in Nigeria, describing it as now akin to a “business venture.” He said, “Now it has turned out to be a business venture. A business venture for the criminals who are in government; some people who are in security outfits and some people who are responsible for the day-to-day activities of their people. “These are…
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N615,000 minimum wage demand realistic — NLC
The national President of the Nigeria Labour Congress, NLC, Joe Ajaero, has said that N615,000 minimum wage demand is the most realistic amount. Ajaero made this statement on Thursday during an interview on Channels TV’s Politics Today The federal government had approved a pay rise of between 25 and 35 percent for civil servants across various consolidated salary structures, But the NLC rejected the increase, saying it was too low. During the interview, Ajaero said that the labour unions were receiving pressure from workers, while the government was calling them names. “If you are talking about realistic, the N615,000 demand is…
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I see freedom from the shackles of Dollar – Primate Ayodele reveals
The Leader of INRI Evangelical Spiritual Church, Primate Elijah Ayodele, made a prediction on Friday regarding the imminent removal of certain presidents and the onset of revolution across the African continent Primate Ayodele indicated that long-serving presidents and those attempting to pass power to their descendants would face removal during this upheaval. According to a statement from his Media Aide, Oluwatosin Osho, the prophet anticipates citizens rising up against these leaders, leading to widespread discontent. Additionally, Primate Ayodele foresaw a positive shift in the African continent’s economy, signaling a new era on the horizon. According to Ayodele: ‘’The time for…
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Nigeria should be giant in development, not only in population – Shehu Sani
Former Kaduna senator and social critic, Shehu Sani, emphasized that Nigeria should aspire to be the leading force not just in population but across all economic sectors. He articulated this viewpoint during the sidelines of the Inaugural Memorial Lecture of Prince Emeka Obasi, the late Publisher of Business Hallmark, titled: ‘If this Giant Must Walk; Manifesto for a New Nigeria’. Sani, who previously represented Kaduna Central in the 8th National Assembly and chaired the Senate Committee on Local and Foreign Debts, expressed that Nigeria still has progress to make to reach its full potential. “We are a nation of 220…
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It’s not an offence to be in possession of sex enhancing drugs- Delta police spokesperson, Bright Edafe
SP Bright Edafe, the spokesperson for the Delta State Police Command, has clarified that possessing sex-enhancing drugs is not considered an offense. He reiterated the need for citizens to know their rights
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Lagos-Calabar coastal project: I firmly reject these unfounded accusations aimed at tarnishing my character and I refuse to be reduced to the level of those who wallow in ethnic politics – Peter Obi fires back at Umahi
Peter Obi, former presidential candidate of the Labour Party, has rejected accusations made by Minister of Works Dave Umahi, that he was instigating Igbo people against the federal government during an event regarding compensation for property owners affected by the Lagos-Calabar coastal road project. asserting they were groundless attempts to smear his reputation. Obi emphasized his commitment to unity and progress, distancing himself from divisive politics. He reiterated his stance on prudent resource management. According to him; “Regarding allegations of incitement against the government, I firmly reject these unfounded accusations aimed at tarnishing my character. “My focus is on fostering…
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Property owners on Lagos-Calabar road affected by demolition to get N2.75b compensation – FG
Property owners affected by the demolition exercise carried out to give the right of way to the Lagos-Calabar Coaster Highway are to get N2.75 billion compensation from the Federal Government. Works Minister, Dave Umahi disclosed this yesterday, May 1, while unveiling the new design routes for the 700-kilometre project in Lagos, According to the Minister, the first batch of property owners affected by the construction got compensated at the ceremony organised by the Federal Ministry of Works. The highway is designed to connect Lagos to Cross River, passing through the coastal states of Ogun, Ondo, Delta, Bayelsa, Rivers and Akwa…
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