Atiku Rejects ICPC Probe, Demands Independent PFIPC Inquiry
By Zainab Bakare Former Vice President Atiku Abubakar has rejected President Bola Tinubu’s directive to the Independent Corrupt Practices and Other Related Offences Commission (ICPC) to investigate the alleged Presidential Foreign Intervention Promotion Council (PFIPC), insisting that only an independent commission of inquiry can restore public confidence. In a statement issued on Wednesday by his […]
Budget Motion Sparks Heated Exchange in House of Reps
By Mardiyyah Abubakar The House of Representatives descended into a rowdy session on Wednesday as lawmakers debated a motion on the poor implementation of the budget and delays in releasing funds to Ministries, Departments and Agencies (MDAs). Hon. Mascot Ikwechegh, who represents an Abia State constituency, sponsored the motion to address concerns about slow budget […]
CBN: Standard ₦100 Note Remains Valid Legal Tender
By Oluwakemi Kindness The Central Bank of Nigeria (CBN) on Wednesday clarified that the standard ₦100 banknote remains legal tender and must be accepted for all transactions across the country. In a statement by Hakama Sidi-Ali, Acting Director of Corporate Communications, the apex bank says the clarification followed reports that some individuals and businesses had […]
Abuja Transitway Commissioning: Tinubu Pledges Nationwide Infrastructure Expansion
By Sofiat Adenekan-Abdul President Bola Tinubu has pledged to replicate the pace of infrastructure development currently underway in the Federal Capital Territory across the country, saying every region will benefit from improved roads, bridges, rail lines and other critical public infrastructure under the Renewed Hope Agenda. Speaking on Tuesday during the inauguration of the newly […]
FCT-IRS Launches Taxporta to Simplify Tax Payment, Filing
By Sofiat Adenekan-Abdul Taxpayers in the Federal Capital Territory will no longer need to visit tax offices to register, file returns, make payments or obtain Tax Clearance Certificates following the launch of Taxporta, a new digital tax administration platform by the Federal Capital Territory Internal Revenue Service (FCT-IRS). The platform, unveiled during a stakeholders’ engagement […]
Tinubu Urges Afreximbank to Drive Africa’s Industrial Revolution
By Mardiyyah Abubakar President Bola Ahmed Tinubu has challenged the African Export-Import Bank (Afreximbank) to take the lead in accelerating Africa’s industrialisation by unlocking the continent’s vast human, financial and natural resources. The President made the call on Tuesday while receiving Afreximbank’s newly elected President and Chairman of the Board, George Elombi, at the State […]
Senate Grills NWDC Over ₦943m Board Allowances
By Anayo Akwitti The Senate Committee on Regional Development has queried the operations of the North West Development Commission (NWDC), raising concerns over the payment of about ₦943 million in board allowances, delays in appointing executive directors and persistent governance challenges slowing the commission’s take-off. At an investigative hearing with officials of the commission and […]
Senate Seeks Urgent Action Over South Africa Xenophobia
By Anayo Akwitti The Senate has called for urgent diplomatic intervention over the renewed wave of xenophobic attacks targeting Nigerians and other African nationals in South Africa. The resolution followed the adoption of a motion sponsored by Senator Asuquo Ekpenyong, who raised concerns over reports that anti-migrant groups in South Africa issued an ultimatum ordering […]
NERC Transfers Electricity Regulation to 16 States
By Mardiyyah Abubakar The Nigerian Electricity Regulatory Commission (NERC) has formally transferred electricity market regulatory powers to 16 states, marking a major milestone in Nigeria’s transition to a decentralised electricity market. NERC Chairman, Dr. Musiliu Oseni, announced the development on Monday during a regional seminar for judges of the Lagos State High Court, describing the […]
PETAN Warns Funding Gaps, Idle Capacity Threaten 3mbpd Oil
By Mardiyyah Abubakar The President of the Petroleum Technology Association of Nigeria (PETAN), Engr. Wole Ogunsanya, has warned that underutilised capacity, limited drilling activities and funding challenges could prevent Nigeria from achieving its crude oil production targets. Ogunsanya said these challenges could derail Nigeria’s plan to increase oil production to 2 million barrels per day […]