The Committee of Diaspora Chairmen of the All Progressives Congress (CDC-APC) has appealed to President Bola Tinubu to intervene in the brewing crisis over the conduct of election into the United Kingdom Chapter. The call is contained in a statement jointly signed by Prof. Adesegun Labinjo and Mr Bola Babarinde, the Chairman and General Secretary of the Committee respectively, on Monday. According to the statement, the speedy intervention of the president is needed following alleged compromise in the conduct of elections into the UK Diaspora Chapter. The statement said if the situation is not checked, it might lead to unintended…
Author: Ajibola Oluwasegun
Naira appreciated across foreign exchange (forex) markets in a steady recovery after a bouquet of initiatives by the Central Bank of Nigeria (CBN) to stem speculative trading and volatility. Trading data at the weekend showed that the naira appreciated by 1.5 per cent to N1,602.75 per dollar at the Nigerian Autonomous Foreign Exchange Market (NAFEM). At the parallel market, the naira gained 31 basis points to close at N1,595 per dollar. Total turnover at NAFEM dropped by 41.6 per cent to $743.54 million, with trades consummated within the range of N1,425.35 to N1,650 per dollar. Analysts were unanimous the naira…
The Osun State chapter of the All Progressives Congress (APC) has accused the state Governor of being a perpetual expert in the employment of misplaced priority to run his infamous administration. It would be recalled that Governor Adeleke celebrated to high heavens the opening of the rehabilitated Government House in Osogbo, the state capital, on Saturday. Commenting on the development, the Osun State chairman of the APC, Sooko Tajudeen Lawal, in a statement issued by the party’s Director of Media and Information, Chief Kola Olabisi, it is a shame that Governor Adeleke could be involved in flaunting the Government House…
Governor Chukwuma Soludo of Anambra State believes Nigeria’s biting economic situation is an “inevitable” phase for the betterment of the nation. Soludo stated this in an interview on Channels Television’s Sunday Politics. Recall that Nigeria’s inflation level rose to 31.70 per cent in February with the cost of living shooting up in the wake of the fuel subsidy removal and the floating of the naira. Reacting to the development, Soludo said this is a phase needed before the country begins to flourish. He said, “You see, sometimes, I kind of feel we don’t get it.” On the nation’s economy, Soludo…
The Nigeria Data Protection Commission (NDPC) says it will investigate the alleged unauthorised access to the personal data of enrollees by the National Identity Management Commission (NIMC). Its National Commissioner, Dr Vincent Olatunji, National Commissioner of NDPC, said this in a statement in Abuja on Sunday, signed by Mr Babatunde Bamigboye, Head of Legal, Enforcement, and Regulations of NDPC. “This investigation is a further regulatory measure to be taken by NDPC in the wake of public concerns over reports of illegal access to personal data of enrollees by a shadowy entity called XpressVerify.com,” Olatunji said. He recalled that the NDPC…
There are indications that the Federal Government through the Nigerian National Petroleum Company Limited (NNPC Ltd) is now spending N17.72 billion daily to fund subsidy on petrol. Though still shrouded in secrecy, the funding strategy, Vanguard learnt, is consummated by way of crude sales and direct cost recovery by NNPC. An executive of a major petroleum marketing company in Lagos told Vanguard that the N17.7 billion subsidy cost represents the difference between landing cost of imported petroleum products and effective wholesale price to petroleum marketers. Nigeria imports all the petrol it consumes and according to the Chief Executive, Nigerian Midstream…
The candidate of Peoples Democratic Party, PDP, in the 2024 Edo State governorship election, Dr. Asue Ighodalo, has expressed shock over the kidnap of the state chairman of the party, Dr. Tony Aziegbemi. In a statement, Ighodalo described the kidnapping of Aziegbemi as extremely shocking and distressing. “The news of the kidnapping of the Edo State Chairman of the Peoples Democratic Party, Dr. Tony Aziegbemi, on Friday night, was extremely shocking and distressing. “I strongly condemn this dastardly act, and my heart goes out to the Aziegbemi family at this very trying time. I join the family in offering fervent…
APC governorship candidate, Okpebholo, alongside his running mate Dennis Idahosa and the party’s chairman, Abdullahi Ganduje The All Progressives Congress (APC) has selected Hon. Dennis Idahosa as its deputy governorship candidate in the September 21 Edo governorship election. Idahosa will serve as a running mate for the APC candidate in the state, Senator Monday Okpebholo. Recall that Idahosa was one of the aspirants who vied for the APC ticket for the Edo governorship election during the party primaries but lost to Okpebholo, who eventually emerged as the party’s flag bearer for the November 21, 2024 election. At a meeting on…
The Ijaw Youth Council, IYC, Western Zone has condemned the killing of military personnel on a peace and rescue mission in Okuama community in Ughelli South Local Government Area of Delta State. In a statement by Doubra Okotete, Omoghomi Olu-Derimon and Luguard Izoukumor, chairman, secretary and information officer, respectively, IYC described the killing as barbaric and wicked. The statement reads, “While we do not want to support the decision of the military to burn down the entire Okuama community and leave the already impoverished inhabitants to suffer, we wish to call on the Delta State government to swing into action…
THE House of Representatives caucus of the Labour Party (LP), has called for the postponement of the National Convention of the party earlier scheduled for month end to allow for further consultations in view of the party’s lingering leadership crisis. In a statement in Awka, its caucus leader, Hon. Afam Victor Ogene said the party needed more time to put its house in order, make proper and wider consultations and make effort to bring every stakeholder on board, before it would go ahead with such an important party event. Recall that the Labour Party national leadership had in a letter…