The Managing Director of TotalEnergies Marketing Nigeria Plc, Dr. Samba Seye, has unveiled the Africa Cup of Nations (AFCON) 2025 trophy in Lagos, marking the beginning of a five-nation continental tour designed to celebrate Africa’s energy, unity, and excellence. The event, held at Eko Tower 2 in Victoria Island, attracted sports enthusiasts, government officials, and representatives from the Confederation of African Football (CAF). Speaking at the unveiling ceremony, Dr. Seye described the event as a symbol of unity and pride for the African continent. “This is not just about football; it is about unity, pride, and the power of Africa…
Author: Omolemi Eboisetale
A governorship aspirant under the All Progressives Congress (APC) in Osun State, Dr Akin Ogunbiyi, has expressed confidence that President Bola Ahmed Tinubu’s bold economic reforms will give the party an advantage in the forthcoming 2026 governorship election. Speaking during a meeting with the APC women’s wing in Osogbo, Ogunbiyi praised the president for his courage in implementing far-reaching reforms that, according to him, have already begun yielding positive results. He noted that the policies have stabilised the economy and restored investor confidence. In a statement issued by his media team, Ogunbiyi highlighted the removal of fuel subsidies and the…
The Federal Government has reiterated that all lawyers and law firms across Nigeria are legally required to remit 7.5 percent Value Added Tax (VAT) to the Federal Inland Revenue Service, FIRS, in accordance with the new tax reform law set to commence on January 1, 2026. According to the government, the new regulation covers professional services, including legal practice, which falls within the taxable category under Nigeria’s fiscal framework. The reform aims to widen the tax base, prevent evasion, and boost government revenue for development projects across the country. The clarification followed growing concerns from some lawyers, particularly younger practitioners,…
Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has said the proposed 5 percent fuel surcharge will not take effect until the naira appreciates or global crude oil prices drop significantly. He explained that the decision was to avoid worsening the current economic hardship facing Nigerians. Speaking at the Haulage and Logistics Magazine Conference and Exhibition in Lagos, Oyedele stated that while the surcharge policy aims to fund road maintenance, its implementation must be timed carefully to prevent an additional burden on citizens. He emphasized that the government’s priority is to stabilize the economy before…
Oando PLC has reported a 164 percent increase in profit after tax, reaching N210 billion for the first nine months of 2025, compared to N76 billion recorded in the same period last year. The energy company attributed the remarkable growth to increased production volumes and stronger operational efficiency. According to the company’s financial results released on Thursday, total revenue declined by 20 percent to N2.5 trillion, down from N3.2 trillion in 2024. Oando explained that the dip was due to reduced gasoline imports, a result of the Dangote Refinery ramping up operations and reshaping Nigeria’s fuel supply market. Despite a…
Former Anambra State Governor and Labour Party presidential candidate, Peter Obi, has said that Nigeria can generate more revenue from agriculture than from oil if the sector is given adequate attention and investment. Obi made this known while addressing the growing concerns over food insecurity and economic instability in the country. According to him, Nigeria’s vast arable land, especially in the northern region, remains one of the country’s greatest untapped resources. He stressed that proper management and mechanisation of the agricultural sector could turn Nigeria into a major food exporter and significantly boost foreign exchange earnings. “The problem is not…
Governor Babajide Sanwo-Olu has described Lagos State as a “Yoruba United States” that continues to set the pace for Nigeria’s progress and development. The governor made this statement while addressing participants at the South-West Citizen–Government Engagement Summit held in Akure, Ondo State, on Wednesday. The summit brought together prominent leaders from across the South-West region, including governors, traditional rulers, political figures, and business leaders, to discuss regional cooperation and development. Sanwo-Olu said Lagos remains the heartbeat of Nigeria’s economy and a model for unity and diversity. “I stand here not only as a humble leader among the South-West governors, but…
President Bola Tinubu has appointed Governor AbdulRahman AbdulRazaq of Kwara State as the Chairman of the newly established National Steering Committee for the Renewed Hope Ward Development Programme (RHWDP). The initiative is part of the administration’s effort to strengthen economic activities, improve livelihoods, and enhance social protection systems across Nigeria’s 8,809 political wards. According to a statement from the Presidency, the committee is tasked with ensuring the implementation of the Renewed Hope agenda at the grassroots level through effective coordination between federal and state governments. Governor AbdulRazaq, who also serves as Chairman of the Nigeria Governors’ Forum, is expected to…
A tragic incident occurred early Tuesday morning at No 49 Coates Street off Oyingbo Road in Lagos, where a two‑storey building collapsed, killing two people and injuring several others. The Lagos State Fire and Rescue Service responded promptly after receiving a distress call at 12:20 a.m., reaching the scene within nine minutes to begin rescue operations. According to the Fire Service Controller General, Margaret Adeseye, the deceased included a man and an elderly woman, while 28 other occupants were rescued from the rubble. “It is an ongoing rescue involving an existing two‑storey building which had reportedly been marked distressed before…
The Sarkin Hausawa of Amawbia, Alhaji Mahmud Sani, has said that Nnamdi Kanu of the Indigenous People of Biafra (IPOB) has a constitutional right to agitate for self‑determination, provided his actions remain peaceful and within the law. Sani made the statement while speaking to journalists in Amawbia, Awka South Local Government Area of Anambra State. He emphasised that “There is nothing wrong constitutionally for anyone to agitate for self‑determination. It is, however, left for his fellow Southeasterners to either support him or not.” Sani explained that advocacy alone, without violence, is protected under the Nigerian Constitution and should not attract…
Osun State Governor, Ademola Adeleke, has raised concerns over the increasing politicisation of federal projects, saying it undermines intergovernmental cooperation in the Southwest region. He stressed that states not governed by the All Progressives Congress (APC) are disproportionately affected, which impacts governance and regional development. Adeleke’s position was conveyed through his deputy, Kola Adewusi, during the second day of the Southwest Stakeholders’ Dialogue Meeting held in Akure, Ondo State. The event was organised by the Development Agenda for Western Nigeria (DAWN) Commission in partnership with Afenifere. According to Adewusi, many federal initiatives are now routed through party structures rather than…
The Judiciary Staff Union of Nigeria (JUSUN) in Osun State has reaffirmed its ongoing strike, insisting it will continue until all welfare and promotion demands of its members are fully addressed. The union stressed that the strike is aimed at compelling the state Judicial Service Commission to implement pending promotions and other agreed benefits for judiciary staff. JUSUN’s Osun State chairman, Idris Adeniran, made this announcement while speaking to newsmen during a protest at the Osun High Court complex in Osogbo on Thursday. He emphasised that the union remains committed to ensuring that all its demands are met before calling…