REPORT: Dasuki Spent Anti-terrorism Funds on Luxury US Properties

An investigation by the Platform to Protect Whistleblowers in Africa, PPLAAF, has exposed the diversion of millions of dollars, meant for Nigeria’s anti-terrorism fight against, into luxury real estate in the United States. These funds are reportedly linked to former National Security Adviser, Sambo Dasuki, previously accused of embezzling billions from Nigeria’s defence funds. Reports indicate that the misappropriated funds were used to purchase high-end properties in Los Angeles, California, and McLean, Virginia, a wealthy...

FG Commends MD of Stine Industries for Implementing New Minimum Wage

The Federal Government of Nigeria, through the Federal Ministry of Labour, has commended Chief Akai Egwuonwu, the Chief Executive Officer and Managing Director of Stine Industries, for the implementation of the new minimum wage. This commendation was conveyed by Mrs. Oji-Ogbuehi Bernadine, the Anambra State Controller, Federal Ministry of Labour, during a courtesy call to Chief Akai’s office in Awka. During the visit, Mrs. Bernadine and other senior Federal Ministry of Labour staff members noted...

Tinubu Proposes ₦47.9 Trillion Budget for 2025, FEC Grants Approval

The Nigerian government has proposed a ₦47.9 trillion budget for the 2025 fiscal year, which has received approval from the Federal Executive Council, FEC. The Minister of Budget and Economic Planning, Senator Atiku Bagudu, disclosed this while briefing State House correspondents after the FEC meeting presided over by President Bola Tinubu. Bagudu explained that the proposed budget forms part of the “Medium Term Expenditure Framework, MTEF, for 2025-2027” in line with the Fiscal Responsibility Act...

Breaking: Body Of Late COAS Lagbaja Set For Burial In Abuja  

The remains of late Chief of Army Staff, Lieutenant General Taoreed Lagbaja set for burial tomorrow Friday at the national military cemetery Abuja has arrived Abuja. The Nigerian Airforce plane NAF 918 carrying the body of the late COAS left the Murtala Muhammed International Airport Lagos around 11 am and landed at the presidential wing of the Nnamdi Azikiwe International Airport Abuja around 12:15 pm. A guard of honor was accorded to the body of...

FG Secures $134m AfDB Loan to Boost Food Production Nationwide

The Federal Government of Nigeria has secured a $134 million loan from the African Development Bank, AfDB, to enhance seed and grain production, according to a press release from the Federal Ministry of Agriculture and Food Security. The Minister of Agriculture and Food Security, Senator Abubakar Kyari, disclosed this during the launch of the 2024/2025 National Dry Season Farming initiative in Calabar. The event was attended by the Deputy Governor of Cross River State, Peter...

PDP Chieftain Faults Makinde Over Comment On Atiku

… Says Age Isn’t Limiting Factor A chieftain of the Peoples Democratic Party (PDP) and an associate of former Vice President Atiku Abubakar, Dimeji Fabiyi has faulted Governor Seyi Makinde of Oyo State over the comment that age should be a limiting factor in considering a presidential candidate in 2027. He described the remarks by Makinde on the qualifying criteria for presidential candidates as portraying the Oyo State Governor as a poor student of history. Fabiyi, a leader...

CBN Reports 39.77% Rise in 2024 Nigeria’s Foreign Debt Payments

…State Debt Soars to N11.47 Trillion, Fuelled by Currency Devaluation The Federal Government of Nigeria spent $3.58 billion on foreign debt servicing from January to September 2024, reflecting a 39.77 per cent increase from the $2.56 billion spent in the same period in 2023, according to data from the Central Bank of Nigeria, CBN. The CBN’s report on international payment statistics indicates that the highest monthly debt servicing expenditure in 2024 was recorded in May,...

Illegal Motor Parks In Abakaliki  Issued 24-hour Shut Down Notice

All illegal motor park operators in Abakaliki, the Ebonyi state capital have been given 24-hour to shut down their operation or face the full wrath of the law. The Ebonyi State House of Assembly has given a 24-hogave the ultimatum in a statement signed by the state Assembly’s Public Relations Officer, Sylvester Egede and made available to newsmen. This followed a meeting between the Ebonyi State House of Assembly Committee on Works and Transport led...

Defence Minister Matawalle Faces Pressure to Resign Over Alleged Ties to Bandits

Members of the APC Akida Forum, a faction of the ruling All Progressives Congress, have called for an investigation into allegations linking the Minister of State for Defence, Bello Matawalle, to banditry. The group staged a protest on Tuesday at the Department of State Services, DSS, headquarters in Abuja, demanding that President Bola Tinubu relieve Matawalle of his duties pending the outcome of ongoing investigation. Led by the forum’s chairperson, Musa Mahmud, the protesters submitted...

Anambra Assembly Passes Resolution on High Costs of Textbooks, Others

Anambra State House of Assembly has passed a resolution calling Governor Chukwuma Soludo to direct the Commissioner for Education to engage the public, private and mission schools in addressing the exorbitant cost of textbooks, school uniforms purchase from exclusively designated vendors and mandatory extramural classes. The resolution was made following a motion moved to that effect by the Deputy Majority Leader and member representing Ekwusigo Constituency, Sir Ikenna Ofodeme on Tuesday plenary session. Sir Ikenna...

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