Author: Editor

Terrorists on Saturday, March 9, abducted 15 Tsangaya schoolchildren and one woman in Gidan Bukaso, Gada Local Government Area, LGA, of Sokoto State. The state command of the Police Force confirmed the incident which was said to have occurred in the morning hours of Saturday when the terrorists invaded the community. As they made their way out of the town, the terrorists sighted the students rushing into their rooms and abducted some of them. According to the spokesman of the Sokoto State Police Command, Ahmed Rufai, the Sangaya Islamic School belongs to one Malam Liman Abubakar. He explained that the…

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Dangote petroleum refinery is set to import crude oil from the United States, US, in the coming months, Bloomberg has revealed. According to the New York firm, Trafigura Group is expected to sell 2 million barrels of WTI Midland to the Dangote petroleum refinery for end-February delivery. With this, sources have said this is the first time the $20 billion refinery has purchased non-Nigerian crude oil. Oil traders remain uncertain as to why a refinery in a large oil-producing Nigeria is buying from the US. Price is likely a factor, they said. West Texas Intermediate Midland barrels are cheaper than…

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At least 1,500 members of staff of the Central Bank of Nigeria, CBN, will on Friday, February 2, resume at the apex bank’s Lagos office following their redeployment from the headquarters in Abuja. A source at the CBN stated that the plan, though heavily criticized, was still in motion, and affected staffers would be resuming that Friday. “Yes, the plan is still on and they will resume work by February 2, which is the first week of next month,” an official said. This is coming on the backdrop of the decision of the new management to relocate some of CBN’s…

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The Federal Government has reversed its directive suspending the ongoing reconstruction work at the Eleme-Onne section of the East-West Road in Rivers State. It likewise directed the affected contractor, Renolds Construction Company, to immediately resume work on all sections of the project and in strict compliance with the contract specifications. Recall that on Sunday, January 28, the Minister of Works, David Umahi, during an unscheduled visit to the project site expressed sadness over the slow pace of work even after the government had made an advance payment of N33 billion. The minister stated that the order became imperative following the use…

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The Federal Government on Tuesday, January 30, inaugurated the tripartite committee on the national minimum wage. Vice President Kashim Shettima inaugurated the 37-member panel at the Council Chamber of the State House in Abuja. This panel is expected to recommend a new national minimum wage for the country as its membership cut across federal, and state governments, the private sector, and organised labour. Shettima, in his open address, urged members to speedily arrive at a resolution and submit their reports early as the current N30,000 minimum wage expires at the end of March 2024. “This timely submission is crucial to…

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The People’s Democratic Party, PDP, Governorship Screening Committee for Edo State election has cleared all ten aspirants who appeared before it on Monday, January 29. Eight of the aspirants found their way Abujabto receive their clearance certificates from the PDP National Organizing Secretary, Umar Bature, at the party’s National Secretariat in Abuja on Tuesday, January 30. Bature confirmed that all ten, aspirants were cleared. Meanwhile, one aspirant, Balogun Sunday, who paid N5 million and obtained the expression of interest form, didn’t show up for screening because he did not buy the nomination forms. The ten aspirants cleared are: 1. Hon.…

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The Central Bank of Nigeria, CBN, has concluded payment of all verified claims by airlines with an additional $64.44 million to the concerned airlines. According to the CBN, the payment was part of fulfilment of its pledge to clear the backlog of foreign exchange owed foreign airlines in the country. The Acting Director, Corporate Communications, CBN, Hakama Sidi Ali, made the confirmation in a statement on Tuesday, January 30. CBN’s forward contract obligations to banks was said to stand at $7 billion as the delay in the debt repayment have been blamed to be responsible for the current volatility in…

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The Senate has summoned the Security Chiefs over the high rate of insecurity raging across the country. It also noted that it would meet with President Bola Tinubu for briefings on the state of insecurity across Nigeria. The motion on the Urgent National importance on National Security was raised by the Senate leader, Senator Opeyemi Bamidele on behalf of the 109 senators. He said, “Mr President, Motion on the spate of Insecurity in the Nigerian Nation. “The Senate notes with sadness, the rising spate of killings, kidnappings, banditry and other criminal activities in the country.” He added, “Senate further notes…

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140 officials will track and assess the performance of Federal Ministries, Departments, and Agencies, MDAs, ahead of the first assessment exercise at the end of January 2024. This is as the officials took part in the third technical retreat for delivery desk officers of federal ministries on the implementation of presidential priorities and ministerial deliverables in Uyo, Akwa Ibom State capital, which began on Wednesday, January 24. A top official working closely with the Central Delivery Coordination Unit headed by the Special Adviser to the President on Policy Coordination, Hadiza Bala-Usman, disclosed that the officers, who would conduct the assessment,…

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The Deputy Vice Chancellor of Abia State University, ABSU, Professor Godwin Emezue has been abducted by unknown gunmen. Emezue was abducted at a filling station around Umuekwule, Amachara in Umuahia South LGA of the state where he had gone to fuel his vehicle together with his wife. Eye witnesses revealed that no fewer than three men had accosted him at the fuel station, dragging him into an already waiting Lexus SUV and collected his wife’s ATM card. The distraught wife said the abductors of her husband sped away towards the Imo-Abia border towards the Malaysian market. Spokesperson for the Abia…

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