Category: Politics

.. The President of the Association of Capital Market Academics, Uche Uwaleke has advised the government to spend the proceeds of the new windfall tax on vulnerable Nigerians. Uwaleke made the recommendation at the ‘Economists’ Conference’ organized by Proshare, Lagos. The federal government introduced plans to implement a 50 per cent windfall tax targeting…

An appeal filed by governorship aspirants of the Peoples Democratic Party (PDP) in Edo State, Arthur Esene and Anselm Ojezua seeking to disqualify the candidate of the party, Asue Ighodalo, has been struck out by the Court of Appeal in Abuja. Naija News reports that the decision was reached as the people of Edo State…

NOA, Partners NPC, UNICEF On Digital Birth Registration To Secure Every Child’s Future – Independent Newspaper Nigeria The National Orientation Agency (NOA), in partnership with National Population Commission (NPC) and United Nations International Children’s Emergency Fund (UNICEF) have launched a nationwide digital birth registration for social mobilisation drive, aimed at ensuring that every child in…

.. In line with the Petroleum Industry Act (PIA) 2021 provisions of transiting assets from the Petroleum Profit Tax into PIA terms, the Nigerian National Petroleum Company Ltd and its Joint Venture (JV) partner, Chevron Nigeria Ltd (CNL), have concluded the conversion of five of its JV assets into the PIA terms. Under the…

A Labour Party Chieftain, Callistus Okafor, has said he is supposed to be the national chairman of the party and not Julius Abure. Mr. Callistus Okafor said that at the time Abure emerged as national chairman of LP, he was the Deputy National Chairman, while Abure was the National Secretary of the party. He accused…

FG Approves Commencement Of 2024 National Honours Award – Independent Newspaper Nigeria ABUJA – The President, Bola Tinubu, has given approval for the commencement of 2024 National Honours Award to Nigerians and friends of Nigeria who have contributed to the development of the country or who have distinguished themselves in their various fields of endeavours.…

.. Custodian Investment has said that the company through EverQuest Acquisition LP comprising Custodian Investment Plc, Aion Investment and Evercorp Industries has entered into a share sale and purchase agreement to purchase 100 per cent equity stake in FBNQuest Merchant Bank Limited, a wholly owned Subsidiary of FBN Holdings Plc. This was contained in…

The Peoples Democratic Party (PDP) has declared that the state congresses recently held in 12 states, including Rivers, are currently under examination. The party noted that this review process is still in progress and has not yet reached a conclusion. Naija News reports that the congresses, which occurred over the weekend, have been met with…

.. The federal government has dismissed any possible increase in Nigeria’s Value-Added Tax (VAT) from 7.5 per cent to 10 per cent. The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, denied the claims in a statement he issued on Monday. Edun said any attempt to raise VAT would impact…

A former Attorney General of the Federation (AGF), Kanu Agabi, has said that the presidential system of government breeds dictatorship. He stated this while speaking at the 23rd Mike Okonkwo Annual Lecture, titled: ‘Nigeria’s pathways: Diagnosis and the prescriptions,’ as part of activities to mark the 79 birthday of Bishop Mike Okonkwo. Agabi warned that…

Ajaero’s Arrest, Bad Precedent For Nigeria’s Democracy -CFSF – Independent Newspaper Nigeria ABUJA – The Citizens Free Service Forum (CFSF) has described the arrest and detention of Nigeria Labour Congress (NLC) President, Comrade Joe Ajaero as a bad omen for Nigeria’s democracy even as it urged President Bola Tinubu to order his release from the…

.. African Development Activist, Professor Anthony Chibo and an economist, Chijioke Okechukwu, have urged President Bola Tinubu to prioritize the welfare of Nigerians when bargaining with China, the World Bank and the International Monetary Fund. The economists said these following the five-day visit of Tinubu to China amidst economic hardship faced by Nigerians. Tinubu’s…

The Labour Party led by Julius Abure has said Peter Obi, Governor Alex Otti and Datti Baba-Ahmed were responsible for the crisis faced by the party. The Deputy National Chairman of Labour Party under Abure, Ayo Olorunfemi, said it was regrettable that Obi, Otti, Datti and Nenadi Usman, whom they accommodated have turned to destabilize…

.. The President of the Nigerian Economic Society, Professor Adeola Adenikinju, has emphasized that to achieve food security, Nigeria should adopt the bold agricultural policies implemented by countries like Indonesia and India. He stressed the need for agricultural modernization through enhanced access to technology, inputs, and irrigation. Professor Adenikinju shared these insights during his…

Lotus Bank Limited has been hit by a massive insider fraud scandal, with a staff member allegedly siphoning over N336 million, according to reports by Apples Bite Magazine. The suspect, Abdulkarim Arome Mohammed, a member of the bank’s Financial Control Department, is accused of exploiting his system access to embezzle a total of N336,993,863.35. This…

Katsina Assents OGP Report To Foster Transparency, Accountability In Governance – Independent Newspaper Nigeria KATSINA – Malam Dikko Umaru Radda, the Governor of Katsina state has signed the Open Government Partnership (OGP) report, a global initiative aimed at fostering transparent, participatory, and accountable governance. This followed months of strategic engagement with relevant stakeholders, including Civil…

.. The District Superintendent of Assemblies of God Church, Rev Emeka Eze has called on Nigerians to utilize their gifts and become economically productive if they desire to be successful. The clergyman also warned that securing a US or UK visa is no guarantee for success. He said these on Sunday in a message…

Ousted Chairman of Emohua Local Government Area in Rivers State, Chidi Lloyd, has berated Ijaw leader, Edwin Clark, for calling for the arrest of the Minister of the Federal Capital Territory, Nyesom Wike. Recall that Clark, in an open letter to the Inspector-General of Police, Kayode Egbetokun had called for Wike’s arrest over his recent…

BENIN – Prince Kassim Afegbua, the Media Director of the All Progressives Congress Campaign Council, has condemned two recent attacks on the party’s campaign team. Afegbua also alleged that the Peoples Democratic Party had twisted the narrative to make it seem APC members were attacking their leaders or that the team was being chased out…

.. Following the postponement of the National Caucus and National Executive Committee, NEC, meetings of the All Progressives Congress, APC, initially scheduled for September 11, the APC North-Central Caucus has continued to insist on producing the party’s national chairman. Chairman of the APC North-Central Caucus, Alhaji Saleh Zazzaga restated the demand in a chat…