Ahead of the formal inauguration of the 10th House of Representatives, 63 members-elect in the opposition parties under the umbrella of Coalition of United Political Parties (CUPP), have backed the preferred candidates of the ruling All Progressives Congress, APC, Hon. Tajudeen Abbas and Hon Benjamin Kalu for Speaker and Deputy Speaker, respectively. The spokesman for the Coalition Ikenga Ugochinyere, who led 62 other members-elect in minority political parties, made the endorsement known in Abuja at a World Press Conference. Hon Ugochinyere, a member-elect representing Ideato North/South Federal Constituency of Imo State called on other speakership aspirants banking on votes of…
Author: Victor Fola
The Central Bank of Nigeria’s Monetary Policy Committee MPC has increased the interest rate by 18.5 per cent to 20.5 per cent from 18 per cent in March. Godwin Emefiele, Governor of the Central Bank of Nigeria, disclosed this on Wednesday during the MPC communique presentation and Analysis. He explained that the decision is to curtail the rising inflation in Nigeria. “Our actions to increase the MPR rates are potent because the inflationary pressures you see today confronting us are a global phenomenon and this started in 2022”, he stated. In March, the policy-setting committee raised the MPR from 17.5…
Former British Prime Minister, Sir Tony Blair, has said the Tony Blair Institute for Global Change, which he founded, would be a willing partner of the incoming government of Nigeria’s President-Elect Bola Ahmed Tinubu administration. He said the Institute will be ready to partner Tinubu’s government especially in prioritising its goals and delivery. Blair gave the commitment when he visited the president-elect at the Defence House, Abuja, according to a statement by Tinubu’s media aide, Abdulaziz Abdulaziz. Blair, further informed his hosts that said since leaving office as the UK Prime Minister, he had been working with governments around the…
Chelsea are still in the race to sign Nigerian striker Victor Osimhen, who would cost ‘at least’ €150m, for their incoming new manager Mauricio Pochettino. According to Sky Sports Germany journalist Florian Plettenberg.Osimhen is at the top of Chelsea’s list of potential new strikers and the west London club are still pushing to sign him despite his huge price tag. The Blues endured a miserable 2022-23 season, finishing in the bottom half of the Premier League table, and are in desperate need of a new striker. Chelsea along with Manchester United, have been linked with a move for Osimhen, who…
Afrobeats singer, Seun Kuti, on Tuesday regained freedom after spending eight days in police detention. The musician was released to his family on Tuesday evening after meeting his bail conditions. Adeyinka Olumide-Fusika, the singer’s counsel, confirmed he was released around 7.30 pm. The lawyer also disclosed that Seun will be at the magistrate’s court in Yaba on Wednesday for the proceedings which was adjourned today. The purpose of that proceeding, according to Adeyinka, is to receive the director of public prosecution (DPP)’s advice. Seun, the youngest son of Fela Kuti, the late Afrobeat legend, was apprehended on April 15 after…
Former United Kingdom Prime Minister, Tony Blair, on Tuesday, arrived Nigeria to meet with the President-elect, Bola Tinubu. Tinubu, on his official Twitter account (@OfficialBAT), revealed the purpose of the visitation. He said the visit was to discuss mutual interests between Nigeria and the Tony Blair Institute for Good Governance, an institute owned by the former UK Prime Minister. He tweeted, “I received former British Prime Minister and founder of the Tony Blair Institute for Good Governance, Mr Tony Blair, at the Defence House, Abuja, earlier today. “We discussed areas of mutual interest and how Nigeria can continue to benefit…
Former United Kingdom Prime Minister, Tony Blair has arrived in Nigeria and currently holding talks with the President-elect, Bola Tinubu. However, the reason for his visitation is yet to be known at the time of filing this report. Blair served as UK Prime Minister between 1997 and 2007.
President of the United States, Joe Biden has announced the delegation to attend the May 29 inauguration of Bola Ahmed Tinubu, Nigeria’s President-elect. A statement from the Whitehouse on Monday, Biden disclosed that Honorable Marcia L. Fudge, Secretary of the United States Department of Housing and Urban Development, will lead the delegation. Other members of the presidential delegations are Mr David Greene, Chargé d’Affaires, a.i., US Embassy Abuja, the Honorable Sydney Kamlager-Dove, United States Representative (D), California, the Honorable Marisa Lago, Under Secretary of Commerce for International Trade, US Department of Commerce, General Michael E. Langley, Commander of US Africa…
•••says he Is the best choice for the office The aspiration of Senator-Elect and former Senate Minority Leader, Senator Godswill Akpabio, on Monday received another boost with his endorsement by the Enugu State chapter of the All Progressives Congress (APC). The endorsement was contained in a press statement issued and signed by the Enugu State Publicity Secretary, Charles Solo Ako Esq and made available to newsmen in Enugu, the state capital According to the statement, “It is a thing of joy that we are preparing for the swearing-in of our President-Elect, Asiwaju Bola Ahmed Tinubu in the next few days.…
President Muhammadu Buhari has inaugurated the Dangote petroleum refinery, describing it as a game-changer for the petroleum products market both in Nigeria and Africa. The president inaugurated the facility on Monday in Lagos as top politicians, industry players, and presidents of African countries, gathered to witness the unveiling of a $19 billion facility, set to revolutionise crude oil refining in Africa. The milestone inauguration comes a decade after Aliko Dangote, Africa’s richest businessman, announced plans for the refinery in September 2013, when he secured about $3.3 billion in financing for the project. It also comes on the heels of efforts…