Fuel Prices Surge as Dangote Refinery Suspends Sales in Naira

Nigerians are bracing for another fuel price hike after Dangote Petroleum Refinery temporarily halted the sale of refined petroleum products in naira, citing currency mismatches in crude oil purchases. The refinery announced that its sales in naira had surpassed the value of naira-denominated crude received, making it necessary to suspend local currency transactions. “To date, our sales of petroleum products in naira have exceeded the value of naira-denominated crude we have received. As a result,...

FAAN Demolishes  Aviation Quarters In Kano

Despite the dispute over ownership rights, the Federal Airports Authority of Nigeria (FAAN) has commenced the demolition of Aviation Quarters in Kano. By 2021, the federal government had reportedly approved the sale, and many occupants paid for and obtained ownership documents for the quarters. Obadaki Muhammad Mustapha, a staff of the Nigerian Airspace Management Agency (NAMA) and Secretary of the Aviation Quarters Committee, who spoke on behalf of the affected residents, expressed concerns over FAAN’s...

Bauchi Accountant-General In EFCC Net over N70B fraud

The Accountant General of Bauchi State, Sirajo Jaja, has been arrested by the Economic and Financial Crimes Commission, (EFCC) over alleged fraud involving N70 billion. EFCC spokesman Dele Oyewale in a statement said Jaja was arrested in Abuja on Wednesday alongside Aliyu Abubakar, an alleged unlicensed bureau de change, operator from Jasfad Resources Enterprise, and Sunusi Ibrahim Sambo, a Point of Sale, PoS operator. “The arrests are connected to an ongoing investigation into alleged money...

Tinubu Swears In Vice Admiral Ibas, Sole Administrator Rivers State 

President Bola Tinubu has on Wednesday sworn in Vice Admiral Ibok-ete Ibas (rtd.) as the Sole Administrator of Rivers State. The administrator was sworn in following a short meeting with the president on Wednesday afternoon. The President announced the appointment of the retired naval chief at a nationwide broadcast on Tuesday, when he declared a state of emergency in Rivers State and suspended Governor Siminalayi Fubara, Deputy Governor Ngozi Odu; and the Rivers State House...

Suspended Gov. Fubara Speaks: ‘We Will Overcome This Challenge’

Suspended Governor of Rivers State, Siminalayi Fubara, has reacted to the state of emergency declared by President Bola Tinubu, describing the development as an unfortunate moment in the state’s political history. In a press statement issued on Tuesday, Fubara maintained that his administration had consistently prioritised the security and well-being of Rivers people while upholding constitutional order. He expressed disappointment over the role of the state’s House of Assembly, accusing its members of frustrating efforts...

State of Emergency In Rivers: Vicious Violation Of Constitution – Bode George 

Reeks Of Political Manipulation, Outright Bad Faith – Atiku Tinubu Has Just Declared State Of Anarchy In Rivers – Kuye Former Deputy National Chairman of the Peoples Democratic Party (PDP), Chief Bode George has condemned the acting of President Bola Tinubu for declaring state of emergency in Rivers State, stating that it is us a vicious violation of the constitution. The Atona Oodua of Yorubaland stated this in a press release on Tuesday, adding that...

Tinubu Declares State of Emergency in Rivers, Suspends Governor Fubara, Lawmakers

President Bola Ahmed Tinubu has declared a state of emergency in Rivers State, citing a prolonged political crisis that has crippled governance in the oil-rich state. In a nationwide broadcast on Tuesday, Tinubu announced the suspension of Governor Siminalayi Fubara, his deputy, Ngozi Odu, and all members of the state House of Assembly for an initial six-month period. The President appointed retired Vice Admiral Ibokette Ibas as the state administrator, emphasizing that the judiciary remains...

Wike Revokes PDP National Secretariat Land Over 20-Year Unpaid Rent

The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has revoked the land allocated to the Peoples Democratic Party (PDP) for its national secretariat in Abuja. A letter dated 13 March 2025 conveyed the revocation, citing the opposition party’s failure to pay ground rents for nearly 20 years, from 1 January 2006 to 1 January 2025. The notice, signed by the Director of Land Administration, Chijioke Nwankwoeze, stated: “The Minister of the Federal Capital...

Rivers Assembly Accuses Governor Fubara of Misconduct

…Issues Notice of Allegations The Rivers State House of Assembly has levelled a series of allegations against Governor Siminalayi Fubara, accusing him of gross misconduct, unconstitutional expenditure, and obstruction of legislative functions. These allegations are part of a notice signed by 26 members of the Assembly and submitted to Speaker Martin Amaewhule on Monday. The accusations against Fubara include alleged reckless spending of public funds without legislative approval and obstruction of the Assembly’s activities. Among...

Nigeria’s Inflation Rate Falls for Second Consecutive Month

Nigeria’s inflation rate dropped to 23.18 per cent in February 2025, down from 24.48 per cent in January, according to the National Bureau of Statistics (NBS). This marks the second consecutive month of decline following the rebasing of Nigeria’s Consumer Price Index (CPI) in January 2025. The rebasing updated the base year from 2009 to 2024 and expanded the number of goods and services tracked from 740 to 960, providing a more accurate picture of...

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