NEWS
”FG’s Electricity Debt Increases By N800bn” – Senate
The Senate Committee on Power has raised concerns over the liquidity crisis bedevilling the power sector, lamenting that the tariff shortfalls in the industry have indicated that the government owes about N200bn to electricity generating companies every month. The committee disclosed that since this year, the government has not paid the power producers, and that this has raised the debt...
2027 Coalition: Atiku Camp Offers Obi One-Term VP Position
There are hints that Peter Obi, the presidential candidate of the Labour Party in 2023, may have been offered a vice presidential position on a joint single-term ticket by former Vice President Atiku Abubakar. Reliable multiple sources involved in the coalition efforts, who requested anonymity due to a lack of authorisation to speak on the matter, told The PUNCH that...
FG Approves China’s Electric Vehicle Factories
In order to fully realise the potential of Nigeria's solid minerals sector and build electric vehicle factories in Nigeria, Chinese Ambassador to Nigeria Yu Dunhai has repeatedly emphasised the need for increased cooperation between China and Nigeria. Dunhai disclosed this while paying a courtesy visit to the Minister of Solid Minerals Development, Dr Dele Alake, in his office, where he...
NiDCOM Takes Custody Of 13 Trafficked Nigerians Repatriated From Ghana, Mali
The Nigerians in Diaspora Commission (NiDCOM) has received 13 victims of human trafficking—12 girls and a five-year-old boy—who were recently rescued from Ghana and Mali. In a statement released on Sunday by the Director of Media, Public Relations, and Protocols, Abdur-Rahman Balogun, NiDCOM disclosed that 11 of the victims were rescued from Ghana, while two women were repatriated from Mali. The...
House Committee Cautions CBN Against Economic Fallout Of High Interest Rates
As the Central Bank of Nigeria (CBN) prepares for its 300th Monetary Policy Committee (MPC) meeting this week, the House of Representatives Committee on National Planning and Economic Development has expressed concern over the adverse impact of sustained high interest rates on key economic sectors. Chairman of the committee, Hon. Gboyega Isiaka, issued the warning during a meeting with the...
NBA To Establish Anti-Corruption Committees Across All 130 Branches
The Nigerian Bar Association (NBA) has announced plans to establish anti-corruption committees in each of its 130 branches to tackle corruption-related issues more effectively. This was disclosed on Monday by the Chairman of the NBA National Anti-Corruption Committee, Prof. Babafemi Badejo, in a statement made available to the News Agency of Nigeria (NAN) in Lagos. According to Badejo, the decision was...
Navy Reports 215 Arrests, 468 Illegal Refineries Destroyed In 2024 Anti-Oil Theft Operations
The Nigerian Navy has announced the arrest of 215 suspected oil thieves and the seizure of 26 vessels so far in 2024 under its ongoing anti-crude oil theft initiative, Operation Delta Sanity. The Chief of Policy and Plans (Navy), Rear Admiral Ibrahim Dewu, disclosed this during a press briefing in Abuja on Monday as part of the activities marking the...
Gary Lineker Resigns From BBC Role Following Backlash Over Social Media Post
Gary Lineker, the former England football captain, will depart from the BBC at the conclusion of the current season, it was officially confirmed on Monday. This announcement comes just days after Lineker shared a social media post containing anti-Semitic imagery. In a statement, the BBC announced, “Gary Lineker will leave his presenting role following the conclusion of Match of the...
Do Not Politicize Vatican Visit, Obi Tells Public
Peter Obi, the Labour Party’s presidential candidate in Nigeria’s 2023 general elections, has returned from a visit to the Vatican, stressing that his attendance at the inauguration ceremony of Pope Leo XIV should not be interpreted as a political move. In a statement shared on X (formerly Twitter) on Monday, Obi clarified that the trip was spiritual in nature and...
Alleged Terrorism: IPOB Cautions Against Associating Simon Ekpa With Nnamdi Kanu
The Indigenous People of Biafra (IPOB) has issued a strong warning against any attempts to associate Simon Ekpa, a Finland-based Nigerian, with its detained leader, Mazi Nnamdi Kanu. In a statement signed by IPOB’s Media and Publicity Secretary, Comrade Emma Powerful, the group described recent efforts to link Ekpa to its leadership as “misleading and inaccurate.” It stressed that Ekpa...
