By Ogaga Ariemu President Bola Tinubu has appointed Dr Olayemi Michael Cardoso as the new Governor of the Central Bank of Nigeria (CBN) Cardoso is to serve a term of five years in the first instance, pending his confirmation by the Nigerian Senate. Ajuri Ngelale, Special Adviser to the President on Media and Publicity, disclosed…
By Law Mefor The authors of the iconic book “Why Nations Fail,” Daren Acemoglu and James Robinson, stated that it is the parasitic political and economic classes that are the primary cause of why nations fail. What counts to them is what they get out of the system, not what they put into it. Nigeria…
The Minister of the Federal Capital Territory (FCT) Nyesom Wike presented 10 vehicles to third-class chiefs in the federal capital on Friday and promised improved welfare for traditional leaders. NAN reports that the third-class chiefs were from Gomani, Yaba, Bwari, Pai, Garki, Jiwa, Wako, Rubochi, Gwagwalada, and Zuba chiefdoms. Wike explained, while handing over the…
The death has occurred of Madam Ego Emesua, of Kolo community, in Ogbia Local Government Area of Bayelsa State. She passed on to glory surrounded by her children and family members in the late hours of Thursday, 7th September 2023, after a brief illness. Aged 81, Madam Emesua was a devoted member of The New…
The 650,000 barrels per day Dangote Refinery is yet to begin production after the August commencement date, earlier announced by the President, Dangote Group, Aliko Dangote. While delivering his speech at the official commissioning of the refinery by former President Muhammadu Buhari in May, he said, “Your excellencies, distinguished guests, our first product will be…
By: Law Mefor The Igbo term for apprenticeship is ‘Igba Boi.’ It involves learning a trade or craft under someone who is already well-established in the field and is now a master in his own right aka ‘Oga’ in local parlance. Though Igbo apprenticeship had been around for a while before the Biafra war, its…
The Federal Capital Territory (FCT) Minister, Nyesom Wike, has expressed shock at the rate at which contracts are inflated in the nation’s capital. The minister said the rate of disparities in projects handled by the Federal Capital Development Authority (FCDA) is shocking, Naija News learned. He described the trend of contract inflation as worrisome and…
By Law Mefor Leadership determines whether a family, society, or country succeeds or fails. Indeed, everything rises and falls on leadership. The Bola Ahmed Tinubu Presidency heralds the rise of a new era in Nigeria and unless this changes at the Supreme Court and even before then, the South-East has to reposition itself to make…
The protest that followed the removal of fuel subsidies in 2012 during President Goodluck Jonathan’s government was mostly motivated by political concerns, according to former governor of Ekiti state Kayode Fayemi. Fayemi made this statement while addressing at a national dialogue held in Abuja to commemorate the 60th birthday of Professor Udenta O. Udenta, who…
Issued in Abuja on Friday, 8th September 2023. The Nigeria Civil Society Situation Room (Situation Room), on Wednesday, 6th September 2023, observed the delivery of the judgment of the Presidential Election Petition Tribunal on the 2023 presidential election. As a group with significant years of knowledge and experience on elections – both in the field…
