President Bola Tinubu has suspended Godwin Emefiele as the Central Bank of Nigeria (CBN) governor. “President Bola Ahmed Tinubu has suspended the Central Bank Governor, Mr Godwin Emefiele, CFR, from office with immediate effect,” the Director of Information, Office of the Secretary to the Government of the Federation Willie Bassey said in a Friday statement. “This is sequel to the ongoing investigation of his office and the planned reforms in the financial sector of the economy. “Mr Emefiele has been directed to immediately hand over the affairs of his office to the Deputy Governor (Operations Directorate), who will act as…
Author: Victor Fola
President Bola Tinubu has said his administration made the right decision to remove the subsidy on premium motor spirit (PMS), popularly known as petrol. Tinubu said this at a meeting with the National Council of Traditional Rulers of Nigeria (NCTRN) at Aso Rock on Friday. According to the president, the subsidy was an elephant that could have brought the country to its knees as it struggles to pay salaries. Tinubu asserted that Nigeria should not be a Father Christmas to neighbouring countries by providing them subsidised petrol. “I am grateful that you are paying attention to…
President Bola Tinubu will on June 12 address Nigerians on the occasion of this year’s Democracy Day. The Secretary to the Government of the Federation SGF, Senator George Akume made this known at a news conference on Friday in Abuja. The address which will be his first since his inaugural speech on May 29 will be broadcast live on all major stations and streamed on various social media platforms, according to Akume. Akume stressed the importance of the occasion which is to honour the heroes who championed the struggle and made extraordinary sacrifice for the enthronement of democratic rule in…
President Bola Ahmed Tinubu has held his first meeting with representatives of traditional rulers from across the country at the State House Conference Centre, Presidential Villa, Abuja Speaking on behalf of the rulers, Sultan of Sokoto, Muhammadu Sa’ad Abubakar said the traditional rulers visited the President to congratulate him and express commitment to support him in the huge task of leading the nation. He stated that the council of traditional rulers was filled with professionals from various fields of human endeavour, making the council a useful pool for the President to draw expertise from. Sultan said they…
Super Eagles coach, Jose Peseiro has unveiled a 23-man squad for the 2023 Africa Cup of Nations qualifying fixture against Sierra Leone. Ahmed Musa lead the cast of invitees which includes Napoli hero Victor Osimhen, defender William Ekong, midfielder Alex Iwobi and forward Moses Simon/ Kelechi Iheanacho, Taiwo Awoniyi and Wilfred Ndidi also made the squad. Home-based goaltenders Victor Sochima and Olorunleke Ojo made the cut as well as Rivers United defender Ebube Duru and Bendel Insurance FC midfielder Divine Nwachukwu. The Super Eagles are currently on top of their qualification group after picking up nine points out of four…
President Bola Ahmed Tinubu has signed into law the 2023 Electricity Act which is a replacement for the Electricity and Power Sector Reform Act of 2005. The newly enacted law will de-monopolise Nigerian electricity generation, transmission, and distribution of electricity at the national level. This new law will empower states, companies, and individuals to generate, transmit and distribute electricity in the country. Recall that the Electricity Act 2023 was initially passed by lawmakers in July 2022 to allow the states to issue licences to private investors who can operate mini-grids and power plants within the state. But the Act precludes…
Sophia Momodu, the first baby mama of Afrobeats superstar, Davido has said that her fear of raising a child alone has finally become her current reality. She disclosed this during an Instagram live session with fans recently. According to her, raising a child alone was her greatest fear, but sadly, that is her reality after the Davido allegedly abandons their daughter, Imade. “My worst fear has happened to me, so I don’t think anything scares me in life anymore. I never wanted to raise a child alone, and i am doing it now., so what the f*ck is going to…
Grammy-award-winning Nigerian singer, Burna Boy has led the pack of Nigerian artistes nominated for the 2023 edition of the Black Entertainment Television (BET) Awards. The ‘Last Last’ crooner got four nominations as he was pitched against other international acts including Chris Brown, Drake, The Weekend and Usher in the Best Male R&B/Pop Artist category. Burna Boy will also face Asap Rocky, Dave Free & Kendrick Lamar, Director X amongst others in the Video Director of the Year category for his effort in the visual interpretation of the monster hit single last last. The self-professed African giant got two more mentions…
President Bola Ahmed Tinubu has executed his maiden act of assenting to bill after appending his signature to the Constitution of the Federal Republic of Nigeria, 1999 (Fifth Alteration) (No.37), 2023 presented by the outgoing 9th National Assembly. He assented to the bill in exercising the powers vested in him under the 1999 Constitution as amended. The bill is a fresh amendment to the Constitution of the Federal Republic of Nigeria. With the signing of the Constitutional Amendment Bill, retirement age and pension rights of judicial officers have been effectively brought into uniformity and other related matters. According to…
Lagos Governor Babajide Sanwo-Olu has appointed a Federal Commissioner of the National Population Commission (NPC), Abimbola Salu-Hundeyin, as Secretary to the Lagos State Government (SSG). The Governor also re-appointed Tayo Ayinde and Gboyega Soyanwo as Chief of Staff and Deputy Chief of Staff respectively. The appointments were announced on Thursday by the Head of Service, Mr. Hakeem Muri-Okunola. The appointments take immediate effect. Salu-Hundeyin, a Solicitor of the Supreme Court of Nigeria, is a Commissioner representing Lagos State in the National Population Commission (NPC) before she was appointed SSG. Ayinde and Soyannwo served as Chief of Staff and Deputy Chief…