FG to Commence Sale of Crude Oil to Dangote Refinery in Naira

The Federal Government has announced plans to start selling crude oil to the Dangote Refinery in naira from 1 October 2024. This decision was made at a meeting with the Technical Implementation Committee led by Minister of Finance, Wale Edun, on Monday. According to a statement by the Ministry of Finance, “The upcoming commencement of Naira payments for crude oil sales to the Dangote Refinery starting October 1, 2024” was discussed at the meeting. The...

Kidnappers Demand N500m Ransom for Abduction of Monarch

…Residents Resort To Prayers For Safe Return The District head of Gatawa in the Sabon Birni Local Government Area of Sokoto State, Isa Muhammad Bawa who was kidnapped along with his son and brother have spent 23 days ago in captivity, as Kidnappers demand N500 million as ransom. Recall that the 74-year-old traditional ruler, his son, and his younger brother were abducted at Kwanan Maharba along the Goronyo-Sabon Birni Road while returning from Sokoto. The...

Bumper harvests: Food Prices Normalize In Kano, Kaduna, Katsina

Reports from Kano, Kaduna and Katsina, states indicate that with the bumper harvest, prices of food items have normalize in some parts of the states while prices have remained high in certain areas. Investigations revealed several factors influencing the varying prices of foodstuffs, impacting the purchasing power of ordinary citizens in these states. In Kano State, the arrival of new harvests has led to a reduction in the prices of some food items. A survey...

NNPC Denies Owing International Oil Companies $6.8bn

Nigerian National Petroleum Company Limited (NNPCL) has denied reports making the rounds that it owes the International Oil Companies (IOCs) $6.8bn. In a press statement on Sunday signed by Olufemi Soneye, the Chief Corporate Communications Officer, NNPCL, the National oil company also denied reports that it has not remitted revenues to the Federation Account since January, among other allegations. The statement reads, “The attention of the Nigerian National Petroleum Company Limited (NNPC Ltd.) has been...

2027: Ganduje Denies Presidential Ambition, Restates Loyalty To Tinubu 

Alhaji Abdullahi Ganduje, the National Chairman of the All Progressives Congress (APC) has denied any presidential ambition in 2027. The former Kano State Governor had on Sunday restated his loyalty to President Bola Ahmed Tinubu amid posters currently circulating on social media that claimed he would contest the presidency in 2027, and urged the general public to disregard the posters. A press statement signed by Mr. Edwin Olofu, the Chief Press Secretary to the APC National...

President Tinubu Reduces Nigeria’s Delegation to UN General Assembly

President Bola Tinubu has directed a reduction in the size of Nigeria’s official delegation to the upcoming United Nations General Assembly, UNGA, meetings in New York, United States. Femi Gbajabiamila, Chief of Staff to the President, disclosed this during a one-day retreat organised by the State House management for heads of government agencies under its supervision in Abuja. He explained that the decision was part of the administration’s commitment to ensure prudent management of resources...

Chinese Firm Agrees to Release Seized Presidential Jet for Tinubu’s Trip

Zhongshan Fucheng Industrial Investment Co. Ltd, a Chinese company, has agreed to release one of the three presidential jets seized over a contract dispute with the Ogun State government. According to a spokesperson for the company, “Zhongshan has consistently sought to act reasonably and fairly in the course of a legal dispute with Nigeria which was not of its making.” The company’s gesture comes after a French court ordered the seizure of the jets as...

Ohanaeze Hails Obasanjo’s Position On #IgboMustGo

…Seeks Punishment For Those Promoting Ethnic Profiling Ohanaeze Ndigbo Worldwide, the Igbo socio-cultural and political organisation has hailed former President Olusegun Obasanjo for his position on the #IgboMustGo, noting that the former president’s disposition to equity and fairness in national issues is legendary. A press statement on Sunday signed by the National Publicity Secretary of the organisation, Dr. Chiedozie Alex Ogbonnia, noted that it has observed with grave concern the orchestrated ethnic profiling, hate speech,...

APGA Frowns at Purported Plan by ANSIEC to Exclude it in LG Election

The leadership of the All Progressives Grand Alliance – APGA, has expressed disappointment over the alleged plan by the Anambra State Independent Electoral Commission – ANSIEC, to exclude it from participating in the September 28, 2024, Local Government Election. APGA under the leadership of Chief Edozie Njoku has been in a loggerhead with Prof. Chukwuma Soludo, who is the only APGA governor and also the National Leader of the party. Soludo who has refused to...

Two Brothers Bury Their Sibling Alive In Zaria

The Kaduna State Police Command has arrested two brothers in the Zaria area of the state for burying their sibling alive over an allegation of stealing a cell phone worth N35,000,00. According to ASP Mansir Hassan, Police Public Relations Officer, Kaduna State Police Command, the victim, 20 years old, Abubakar Aliyu of Gauraki village under Kufena ward, Zaria in Kaduna State was working as a laborer at a building construction site in Abuja when the cell phone...

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