The African Democratic Congress (ADC) governorship candidate in Anambra State, Mr. John Nwosu, has pledged to abolish the current revenue collection system and end the menace of multiple taxation if elected in the November 8 election. Speaking during an online interactive session with Anambra indigenes in the United States under the platform of ASA-USA, Nwosu described some revenue enforcers in the state as “street terrorists” and vowed to remove them from the roads immediately after assuming office. He said, “Multiple taxation is a major problem in Anambra State, and I will end it. My government will operate a 100 per…
Author: Omolemi Eboisetale
The Minister of Innovation, Science and Technology, Geoffrey Uche Nnaji, has resigned from President Bola Tinubu’s cabinet following mounting allegations of certificate forgery. In his resignation letter reportedly submitted to the Presidency on Monday night, Nnaji stated, “I have chosen to step aside in order not to allow the current controversy to distract the government from its focus on national development.” Presidency sources confirmed that Nnaji’s decision came amid pressure from senior officials and public calls for an investigation into discrepancies in his academic records. One official noted, “The President was already briefed on the issue, and a panel was…
The Senate has confirmed that the Nigerian National Petroleum Company Limited, NNPCL, has provided comprehensive responses to all 19 audit queries raised over the alleged unaccounted N210 trillion in crude oil transactions. Chairman of the Senate Public Accounts Committee, Senator Aliyu Wadada, disclosed this on Tuesday in Abuja during the committee’s review of the 2016–2021 Auditor-General’s report. Wadada said the queries were issued by the Auditor-General of the Federation over discrepancies in crude oil sales, remittances, and subsidy deductions involving NNPCL during the specified period. He explained that the committee had received detailed documentation and clarifications from the NNPCL, adding…
A coalition of civil society groups under the platform of the Coalition for Accountability and Integrity in Education, CAIE, has called on President Bola Ahmed Tinubu to intervene in the ongoing process for the selection of a new Vice Chancellor at Nnamdi Azikiwe University, UNIZIK, Awka, Anambra State. The group accused a former Vice Chancellor of attempting to manipulate the process through a lawsuit filed at the National Industrial Court in Awka, challenging the recent advertisement for the position. In a statement signed by its spokesperson, Mrs. Ngozi Ekeoma, the coalition alleged that the suit, identified as NICN/AWK/51/2025, was a…
Mrs. May Agbamuche-Mbu has assumed office as the Acting Chairman of the Independent National Electoral Commission, INEC, following the exit of Professor Mahmood Yakubu after a decade of service. Yakubu officially stepped down on Tuesday during the commission’s quarterly meeting with Resident Electoral Commissioners in Abuja, which he described as his last engagement as chairman. He said his decision to leave was in accordance with the provisions of Section 306 of the 1999 Constitution, adding that it would allow for a smooth leadership transition as the commission prepares for future elections. By consensus of the National Commissioners, Agbamuche-Mbu, who is…
Eko Electricity Distribution Company, EKEDC, has registered a new subsidiary known as Excel Electricity Distribution Company Limited to handle its electricity operations within Lagos State. In a statement issued by the General Manager of Corporate Affairs, Babatunde Lasaki, the company said the move was made in line with the requirements of the Lagos State Government and the provisions of the Electricity Act 2023. According to the statement, the Lagos State Electricity Regulatory Commission, LASERC, directed Eko DisCo to establish a separate entity for its Lagos operations, as it currently operates in both Lagos and Ogun States. EKEDC clarified that it…
The Nigeria Labour Congress, NLC, has faulted Vice President Kashim Shettima over alleged remarks suggesting that the Dangote Group should be treated as a national asset and shielded from certain labour laws. In a statement issued by NLC President Joe Ajaero to mark the 2025 World Day for Decent Work, the Congress described the comments as troubling and a threat to the principles of fair labour and the rule of law. Ajaero said no company or individual, regardless of status or contribution to the economy, should be placed above Nigeria’s labour laws. He cautioned that such remarks could promote impunity…
A bill seeking to amend the Passport (Miscellaneous Provisions) Act, Cap. P343, Laws of the Federation of Nigeria 2004, has passed its second reading in the Senate. The proposed law aims to empower authorities to withdraw the international passport of any Nigerian convicted of a crime for a period of ten years. Presenting the bill, Senator Ogoshi Onawo of Nasarawa South described the amendment as necessary to protect Nigeria’s image and discourage criminal activities by citizens both at home and abroad. He explained that the measure would help curb the negative perception of Nigerians in foreign countries, many of which…
President Bola Ahmed Tinubu has formally accepted the exit of Professor Mahmood Yakubu as Chairman of the Independent National Electoral Commission (INEC), marking the end of his ten-year leadership of the commission. In a statement released by his Special Adviser on Information and Strategy, Bayo Onanuga, President Tinubu expressed appreciation for Yakubu’s dedication and service to Nigeria’s democratic development. “President Tinubu thanked Professor Yakubu for his services to the nation and his efforts to sustain Nigeria’s democracy, particularly through the organisation of free and fair elections throughout his two-term tenure,” Onanuga said. As recognition for his contributions to electoral reforms…
President Bola Tinubu has requested the approval of the House of Representatives for new external borrowing and debt refinancing totaling $2.3 billion, alongside the issuance of a $500 million debut sovereign Sukuk in the international capital market. The president stated that the new borrowing is aimed at implementing provisions of the 2025 Appropriation Act, refinancing maturing Eurobonds, and diversifying Nigeria’s funding sources through Islamic finance instruments. The 2025 budget provides for $9.27 billion in total new borrowings to finance the year’s fiscal deficit, out of which $1.84 billion is earmarked for external loans. According to President Tinubu, the proposed international…
The Nigeria Employers’ Consultative Association has warned that the country’s industrial relations system is nearing a breaking point due to high inflation and rising living costs. NECA’s Director-General, Adewale-Smatt Oyerinde, stated that the economic pressure created by recent macroeconomic policies, especially the removal of fuel subsidies, has placed unprecedented stress on both workers and employers. High inflation has severely eroded workers’ purchasing power, making wage disputes more frequent, urgent, and difficult to resolve. Employers are also struggling to stay afloat due to rising production costs, energy expenses, and imported inputs, making it challenging to sustain wage increments amid shrinking margins.…
Nigeria Liquefied Natural Gas Limited has called on African nations to adopt a unified approach to dominate the global liquefied natural gas market. NLNG’s Deputy Managing Director, Olakunle Osobu, emphasized that Africa must move beyond its role as a raw material supplier and become a key player in the LNG market. With over 850 trillion cubic feet of natural gas reserves, Africa has the potential to double its share of the global LNG market within the next decade. The continent’s strategic advantage includes shorter shipping routes to both Europe and Asia, making it an attractive LNG supplier. However, Osobu noted…