The President of the Federal Republic of Nigeria, Bola Ahmed Tinubu has ordered the former Postmaster General of the Federation and CEO NIPOST, Hon. Adeyemi Adepoju to vacate office and handover to the newly appointed Postmaster General of the Federation, Tola Odeyemi with immediate effect. This follows the refusal of the sacked NIPOST Boss to handover to Tola Odeyemi. After the state house press statement by the Special Adviser to the President on Media and Publicity, Chief Ajuri Ngelale announcing the appointment of Tola Odeyemi as NIPOST CEO alongside other appointees, NIPOST on Saturday issued an unauthorised statement claiming that…
Author: Michael Chibuzo
On Thursday, 12th October, 2023 a very significant event took place at the mining village of Lado in Nasarawa State. The Nasarawa State Governor, Engr. Abdullahi Sule alongside the Honourable Minister for Solid Minerals, Dele Alake performed the foundation stone laying for the $250 million factory established by Ganfeng Lithium Co. Ltd that will process lithium batteries. This project for many reasons is highly significant because it is a practical testimony of the vision of the President to turn the solid minerals sector into the next frontier that will bring economic prosperity for Nigeria and Nigerians. In the Renewed…
The Central Bank of Nigeria (CBN) recently announced the lifting of restriction placed on the purchase of foreign exchange for the importation of 43 items that was in place since 2015. The decision generated debate among Nigerians with some tagging it a policy somersault and one that will ‘erode gains’ made by Nigeria following the 2015 restrictions. I beg to disagree with that school of thought. We need to go down memory lane and understand what led to the restriction in the first place. The trigger for that decision was the rate at which the foreign reserve was declining…
The Minister of Agriculture, Abubakar Kyari has disclosed that the Federal Government is granting a 50% subsidy to wheat farmers in the upcoming dry season farming to ensure massive production of the grain in the country. According to the News Agency of Nigeria (NAN), the Minister made this disclosure shortly after inspecting various seed wheat productions in Kano on Friday. “We are fully committed to promoting substantial wheat production in the upcoming dry season farming for both local and foreign export activities,” Kyari stated. He spoke on the renewed agenda by President Bola Ahmed Tinubu, which aims to secure…
The Labour Party has accused its presidential candidate in the 2023 presidential election, Mr. Peter Obi of using his late elder brother’s WAEC certificate as his. The Spokesperson of the Apapa-led faction of the party, Abayomi Arabambi made this known during a World Press Conference the party organised in Abuja. During the press conference titled, “Unveiling the true identity of Mr. Peter Obi”, Abayomi Arabambi posed certain questions for the Party’s Presidential candidate to provide answers to. Abayomi Arabambi noted that the names on the NYSC certificate, UNN degree certificate and WAEC certificate Mr. Peter Obi presented as his…
The Central Bank of Nigeria has lifted the restriction placed on the purchase of foreign exchange in the Nigerian Foreign Exchange market for importation of 43 restricted items by virtue of a 2015 circular from the apex bank. This announcement was made by the CBN in a press statement signed by the CBN’s Director of Corporate Communications, Isa Abdulmumin. The CBN pledged to continue to promote orderliness and professional conduct by all participants in the foreign exchange market to ensure market forces determine exchange rates on a willing buyer, willing seller principle. “The CBN reiterates that the prevailing Foreign Exchange…
The Senator representing Anambra South Senatorial District in the Senate, Ifeanyi Ubah, has defected to the All Progressives Congress (APC) from the Young Progressives Party (YPP). Sen. Ifeanyi Ubah announced his defection in a letter to the Senate President, which was read aloud on the chamber floor by Senator Godswill Akpabio on Thursday during plenary. Senator Ifeanyi Ubah stated that his decision to join the APC was motivated by the need to connect himself with a party that would allow him to solve the issues in his Senatorial District. “I hereby announced my movement from YPP to the Most important…
President Bola Tinubu has appointed Ola Olukoyede as the new Executive Chairman of the Economic and Financial Crime Commission (EFCC) for a renewable term of four years subject to confirmation by the Nigerian Senate. This follows the resignation of the immediate past Chairman of the anti-graft commission, Abdulrasheed Bawa who was formerly on suspension. A State House press statement signed by Chief Ajuri Ngelale, the Special Adviser to the President on Media and Publicity announcing the appointment read: “By the powers vested in President Bola Tinubu as established in section 2 (3) of the Economic and Financial Crimes Commission (Establishment)…
The National Secretary of the All Progressives Congress, Prince Basiru Ajibola has described the Labour Party Presidential candidate in the 2023 presidential election, Mr. Peter Obi as one with a shallow mentality and perspectives following his World Press Conference asking President Bola Ahmed Tinubu to reintroduce himself to Nigeria. Prince Ajibola who was a guest on Channels TV political programme Politice Today, weighed on the press conference of both Mr. Peter Obi and Atiku Abubakar where they questioned the identity and academic credentials of President Bola Ahmed Tinubu. In the program monitored by Podium Reporters , Prince Basiru Ajibola said,…
…admonishes Atiku and Obi to allow the President to settle down and work The President of Omaluegwuoku Progressive Initiative and National Convener of Igbo Kwenu for Asiwaju/Shettima, Amb. Ginika Tor has expressed her disappointment with Alhaji Atiku Abubakar of the PDP and his Labour Party counterpart, Mr. Peter Obi over their separate press conferences questioning the credentials and identity of President Bola Ahmed Tinubu who defeated them at the 2023 presidential election while calling on them to allow the President settle down and work. Amb. Ginika Tor made this call during a press conference in Abuja by the group on…