By Omogbolahan Babawale Senator Abdul Ningi of People’s Democratic Party (PDP) from Bauchi Central on Monday denied ever saying President Bola Tinubu was operating two different budgets for 2024. This he said in Abuja barely 24hours after his group, Northern Senators’ Forum (NSF) issued a disclaimer to his purported statement, accusing the Tinubu-led Federal Government of running two different budgets. BBC Hausa had reported that Ningi made the submission in an interview he granted the British media icon. It said Ningi spoke under the banner of Northern Senators’ Forum, and claimed that the National Assembly passed N25 trillion as 2024…
Author: Michael Chibuzo
By Omogbolahan Babawale Further to the impasse created by the vacant stool of Igbajo traditional stool in Osun State, the All Progressives Congress, APC, in the State has faulted the decision of the State Government to appoint a new Owa of Igbajo. The opposition party in a statement by its chairman, Sooko Tajudeen Lawal stated that the stool was still a subject of pending litigations. While expressing his Party’s displeasure over the action of the State Government on appointment of a new Owa of Igbajo, the Osun APC chairman said, “Is Governor Adeleke not aware that there are subsisting cases…
The Pro-Chancellor of Olivia University, Burundi who also doubles as the Chairman of the Nigeria-Burundi Business Council, Sir Paul Chukwuma has predicted that the South East will become a bastion of manufacturing in the next 10 years urging the Governors of the South East to work in synergy to make it a reality. Sir Paul Chukwuma stated this during a visit to Geometrics Power Aba for a study visit to the plant to understand the working principles and business model of the Aba Integrated Power Plant and seek technical advice on replicating the same in Anambra state. Speaking during an…
The former Secretary to the Anambra State government under the administration of Mr. Peter Obi, Chief Oseloka Obaze has revealed that the former governor procured a total of 400 SUVs from Innoson, which he shared to traditional rulers in the state. Anambra has 177 communities, which means 177 monarchs benefitted from the car gifts. Mr. Oseloka Obaze inadvertently made this revelation when he was trying to weigh on the Erisco tomato vs Chioma saga on his X (twitter) handle especially what he considered a PR disaster from Erisco tomato company in their handling of the controversy. Mr. Obaze said, “Potential…
By Michael Chibuzo Prior to the 2023 general elections, a new political force emerged in Nigeria under the umbrella of the Labour Party. This was as a result of the decamping of Mr. Peter Obi from the PDP where he has been for nine years to the Labour Party in a bid to appear on the ballot for the 2023 presidential election. The new political force quickly got baptised as the Obidient movement shortly after Mr. Peter Obi displaced other Labour Party Presidential aspirants to clinch the party’s ticket. Before that point, Mr. Peter Obi had carefully crafted a thrifty…
By Nze Chidi Duru The reality of my advocacy over the dwindling value of the Naira is coming nearer home. More than a month ago, I raised a concern over the low values of listed shares on the Nigerian Stock Exchange. My argument then was that because of the vastly depreciated Naira, the value of all of our high-valuation stocks are at best penny stocks if the valuation were done in dollars. This concern is also reflected in my latest article which was circulated soon after the inauguration of the Presidential Economic Advisory Committee by President Bola Ahmed Tinubu. The…
The Speaker of the Abia State House of Assembly, Emmanuel Emeruwa has refused to swear in Aaron Uzodike of the People’s Democratic Party as Member representing Aba North in the state assembly. This action is in total disrespect for the judgment of the Court of Appeal that sacked the Labour Party lawmaker, Destiny Nwagwu who was earlier declared as winner by INEC. A Court of Appeal sitting in Lagos had sacked Nwagwu as Aba North State Constituency lawmaker and ordered that Independent National Electoral Commission (INEC) should withdraw an earlier Certificate of Return handed over to him, after the judges…
The Spokesperson of the Lamidi Apapa faction of the Labour Party, Dr. Abayomi Arabambi has accused the Labour Party Presidential candidate in the 2023 presidential election, Mr. Peter Obi of failing to account for more than $15 million donations that came from supporters of the Labour Party from Nigerians in diaspora during the 2023 general election season. While speaking on an Arise TV programme monitored by our reporter, Arabambi pointed out that the said $15 million was lodged in Fidelity bank (a bank where Mr. Peter Obi has substantial stake in and served as Chairman). He called on the Labour…
A civil war has literally broken out in the camp of Obidients especially among their top social media influencers over which candidate to support in the 2024 Edo governorship election coming up in September. At the center of this storm, which is raging on twitter (X) are two top Obidient influencers, FS Yusuf and Harry (@harrizone98). The immediate cause of this Obidients’ civil war is the move by FS Yusuf, who had developed a reputation for gaslighting those who dared to hold a contrary choice from his, to pitch his support for the PDP governorship candidate, Asue Ighodalo instead of…
The Central Bank of Nigeria (CBN) has revoked the operating licenses of 4,173 Bureau De Change operators in Nigeria. This was contained in a press release signed by the Acting Director, Corporate Communications of the apex Bank, Mrs. Sidi Ali Hakama on Friday. According to the statement, the CBN carried out the revocation of the licences in exercise of the powers conferred on it under the Bank and Other Financial Institutions Act (BOFIA) 2020 No 5 and the Revised Operational Guidelines for Bureaux De Change 2015 (the Guidelines). It added that the list of affected BDC operators is available on…