News
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We have been deceiving ourselves – Nigerian govt speaks on forex crisis
The Federal Government has acknowledged making suboptimal decisions in addressing the foreign exchange crisis. In a recent discussion with journalists in Lagos, the Minister of Budget and Economic Planning, Atiku Bagudu, admitted the shortcomings. Bagudu expressed optimism that President Bola Ahmed Tinubu’s and the Central Bank of Nigeria’s policy reforms would enhance the exchange rate. He pointed out that countries adopting a liberalized foreign exchange market, including Nigeria, have experienced improved exchange rates. Bagudu cited global indicators suggesting future improvements, urging both local and foreign investors to take strategic actions in response. He said, “Mr. President has signed two Executive…
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Many of them kept quiet and condoned the bloodshed and kidnappings in the North for eight years. They found their voice today because the person at the helm now is not their kinsman – Shehu Sani
Former federal lawmaker Shehu Sani has criticized ex-President Muhammadu Buhari, alleging an unparalleled level of insecurity in his administration. Sani conveyed this message on his Instagram account, pointing out the silence of northern stakeholders amidst increased violence. He claimed the total casualties during Buhari’s eight-year tenure amounted to 63,111. The former Southern Kaduna representative contended that northerners, who are now vocal, remained silent from 2015 to 2023 due to Buhari being a northerner His post reads, “Many of them kept quiet and condoned the bloodshed and kidnappings in the North for eight years. “They called us all sorts of names…
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We have no reason to be poor, we are a blessed country – Tinubu tells Nigerians
President Bola Tinubu has emphasized that Nigerians have no justification to be in poverty. He said this while addressing Governors from the All Progressives Congress (APC) during their visit to him at the Presidential Villa in Abuja on January 12. He urged the governors to formulate and implement policies that prioritize the well-being of all Nigerians and encouraged them to consistently prioritize national interests over political affiliations. Tinubu acknowledged the nation’s challenge of divisiveness and emphasized the need for the governing party to focus on healing and unifying the country by fostering a collective national vision. Tinubu highlighted that development…
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Femi Otedola becomes Forbes 4th richest man in Nigeria
Billionaire investor Femi Otedola has emerged as the fourth richest individual in Nigeria with a net worth of $1.1 billion, according to the Forbes Billionaire Index released on January 11. Otedola’s rise in wealth is attributed to his majority ownership of Geregu Power, a power generation business. He strategically reduced his stake in Geregu from over 95% to attract institutional investors, including the Afrexim Fund for Export Development in Africa and the State Grid Corporation of China. Besides his energy ventures, Otedola possesses substantial real estate assets in Lagos, Dubai, London, and Monaco, along with holdings in Zenith Bank and…
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Supreme Court reinstates Kano governor
The Supreme Court has overturned the rulings of the lower courts that removed Yusuf Abba as the Governor of Kano State. The tribunal nullified Yusuf Abba’s victory from the New Nigeria Peoples Party, invalidating 165,663 votes due to unstamped and unsigned ballot papers. Abba appealed, and the higher court upheld the tribunal’s decision, criticizing the lower court for not disqualifying the governor. The appellate court found the governor’s sponsorship by the party improper, violating Section 177 (c) of the constitution. Nasiru Gawuna of the All Progressives Congress was declared the winner. However, at the Supreme Court, Justice John Okoro ordered…
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Detention: Nnamdi Kanu sacks legal team
Mazi Nnamdi Kanu, the leader of the Indigenous People of Biafra, has dismissed his legal team following an unsuccessful attempt to secure his release from continued detention. According to a source, the decision to change the legal representation was conveyed formally to the former team led by a Senior Advocate of Nigeria. Kanu has now approached another legal luminary from Cross River State to handle his legal matters. The move reportedly stems from Kanu’s dissatisfaction with his previous legal team, believing they didn’t do enough to quash his case or improve his conditions in detention. He also expressed unhappiness with…
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You are not attacking the church when you call out ministers who are faking miracles, raping girls, or promoting homosexuality. You are sanitizing and saving the church – Fr. Kelvin Ugwu
Fr. Kelvin Ugwu, a Nigerian Catholic priest serving in Gambia, highlighted that counterfeit miracles, embellished testimonies, the prosperity gospel, sexual abuse of minors, and homosexuality pose significant challenges to the church. Sharing his views in a Facebook post on January 11, 2024, Fr. Ugwu urged Christians to vocally oppose those engaged in these assaults According to the cleric, It is not an attack on the church when these atrocities are called out but rather a way of sanitizing the church He wrote; “The greatest attacks on the Church or the Body of Christ in this present age are: 1. Faking miracles…
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I will not miss your pepper soup, you people tried to kill me several times – Outgoing France Ambassador to Nigeria, Emmanuelle says
The Outgoing Ambassador of France to Nigeria, Ms. Emmanuelle Blatmann, humorously mentioned that she won’t be yearning for Nigerian pepper soup. Speaking to journalists before leaving Nigeria for her new role as the director for Africa in Paris, Blatmann expressed that while she’ll miss the country’s weather, people, music, and various foods, pepper soup won’t be among them. She said; I will be very honest with you and blunt, I will not miss the pepper soup because its too peppery. You people tried to kill me several times.I will be eating all sorts of things with my eyes red and crying,…
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Federal Government to use Kano inland dry port to decongest Lagos –Trade Minister
Minister of Trade and Investment, Doris Nkiryuka Uzoka Anite, stated that the Federal Government plans to utilize the Kano inland dry port to alleviate congestion at Lagos ports, facilitating smoother import and export processes. During her inspection visit to the Kano Dala Inland Dry Port on Thursday, the minister emphasized President Bola Tinubu’s administration’s keen interest in establishing a comprehensive business hub in the country. She highlighted the Kano Dala Inland Dry Port as a pivotal area for government intervention to stimulate economic revitalization. “The government of President Tinubu is highly interested in collaborative business efforts that would grow the…
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Don’t abuse the “no gree for anybody” slogan and attack security operative discharging their duties – Nigerian Police tells Nigerians
The Nigerian Police Force has spoken against the use of the viral 2024 slogan, ‘no gree for anybody,’ the warning from the Force spokesperson, ACP Muyiwa Adejobi, during a press conference in Abuja on Wednesday, cautioning against the slogan due to potential violence against police officers, faced strong opposition from netizens. They adamantly asserted that no one could prevent them from spreading the slogan. But in a tweet on his official X handle on Thursday night, the Force spokesperson explained that the “Police are in the best position to advise and educate Nigerians on possible early warning signs of an…
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2027: I consulted Atiku, Peter Obi, Kwankwaso on forming new party against Tinubu – Pat Utomi
Political economist Pat Utomi revealed that he collaborated with presidential candidates Atiku Abubakar of the Peoples Democratic Party (PDP), Peter Obi of the Labour Party, and Rabiu Kwankwaso of the New Nigeria People’s Party to establish a new political party. Utomi expressed that this emerging party aims to present a strong opposition to the ruling All Progressives Congress (APC) led by President Bola Tinubu. He said this during an appearance on Channels Television’s Politics Today program. According to him, the new party is envisioned as a fresh beginning with distinct ideas and a clear agenda. He said: “I talked to…
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Bwala: It is not easy to be surrounded by Straw men – Sam Amadi tells Atiku
The Director of the Abuja School of Social and Political Thoughts, Sam Amadi, remarked on Wednesday that Atiku Abubakar, the presidential candidate of the Peoples Democratic Party (PDP), is surrounded by what he termed “straw men.” This observation came in the wake of reports about Daniel Bwala, a PDP chieftain, visiting President Bola Tinubu. Bwala, a vocal critic of the All Progressives Congress (APC), declared his commitment to supporting Tinubu’s administration during closed-door discussions at the Aso Rock Villa in Abuja on Wednesday, emphasizing that he had no apologies for his decision. Reacting to this, Sam Amado wrote, “May God…
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