Muhammadu Buhari, the former President of Nigeria, has explained the reason behind his decision not to sack Godwin Emefiele, the former Governor of the Central Bank of Nigeria, despite widespread speculations about Emefiele’s potential presidential candidacy in 2023. Buhari said that Emefiele never discussed it with him.This revelation and others were made public in a…
…State Assembly Says Selection Process Transparent NG-CARES is a program designed to mitigate the negative impact of the COVID-19 pandemic on the livelihoods of poor individuals, farmers, vulnerable households, communities, and owners of micro and small enterprises in Nigeria. The program is subdivided into result area 1, 2 and 3. The result area 1 focuses…
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The approval is expected from the Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, which is responsible for the regulation of midstream and downstream petroleum operations in Nigeria. The refined products are currently stored in the refinery’s storage tanks while awaiting approval. In a statement, the company stated: “We have started the production of diesel…
The candidate of the Labour Party in the 2023 presidential election, Peter Obi, has expressed support for the suspension of Dr Betta Edu, the Minister of Humanitarian Affairs and Poverty Alleviation. Obi also welcomed President Bola Tinubu’s directive that the suspended minister and the activities of the ministry under her should be probed. Edu is…
Operatives of the Economic and Financial Crimes Commission (EFCC) are currently at the Lagos head office of the Dangote Group. They are conducting a search on forex allocations to the company during the tenure of Godwin Emefiele as governor of the Central Bank of Nigeria (CBN). Dele Oyewale, the EFCC spokesman, declined comments when contacted…
Former Senator, Shehu Sani, has described President Bola Tinubu’s New Year speech as a native doctor’s words of hope to a sick person. Addressing the nation on Monday, Tinubu among other things, announced plans to ensure a constant supply of affordable food to Nigerians. According to him, his administration is working hard to alleviate the…
The President Bola Tinubu-led Nigerian government has stated that the immediate past Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele, would have been killed by a firing squad if it happened that he was living in China. This was stated by President Tinubu’s Special Adviser on Information and Strategy, Bayo Onanuga while reacting…
Whenever regulatory agencies and law enforcement bodies in Nigeria identify and nab counterfeiters, whether of foods and beverages or designer brands, phones, electronics or pharmaceuticals, we should not just send them to jail and throw away the keys. Instead, we should have an agency to legitimise these people. If you can counterfeit the real thing,…
The Nigeria National Petroleum Corporation Limited is not transparent about the financial gains from fuel subsidy removal, the World Bank has disclosed. This extends to subsidy arrears that are still being deducted and the impact of subsidy removal on federation revenues, the bank noted. The Washington-based made this call in its Nigeria Development Update, December…
