The Presidency has refuted reports claiming that President Bola Ahmed Tinubu’s administration included an allocation of funds in the 2023 supplementary budget for the purchase of a presidential yacht worth N5.095 billion. According to a statement by Temitope Ajayi, Senior Special Assistant to the President on Media and Publicity, the yacht was actually requested by…
The House of Representatives has given the Accountant General of the Federation, Mrs. Oluwatoyin Madein, a 72-hour ultimatum to submit a detailed report on the use of the N100 billion COVID-19 intervention funds released between 2020 and 2022. The House Committee on Public Accounts, chaired by Bamidele Salam, issued this ultimatum after the AGF failed…
Prophet Jeremiah Omoto Fufeyin, the billionaire founder and General Overseer of Christ Mercyland Deliverance Ministry in Warri, Delta State, has made headlines with a heartwarming display of love and generosity. On his wife’s birthday anniversary, he surprised her with an impressive gift of N55 million. A viral video shows the cleric showering his wife with…
The Minister of Transportation, Mr. Sai’du Alkali, has officially launched the e-ticketing services for the Lagos-Ibadan and Itakpe-Warri train services in Nigeria. The e-ticketing system is designed to improve efficiency and convenience in booking and paying for train tickets, eliminating the need for physical tickets and cash transactions. The contract for the e-ticketing of these…
The Federal Executive Council (FEC) has given its approval to a supplementary budget of over N2 trillion for the year 2023, marking the second supplementary budget for the year. The decision was made during the council’s weekly meeting, presided over by President Bola Tinubu. Senator Abubakar Bagudu, the Minister of Budget and Economic Planning, announced…
John Deere, a United States-based company, has announced its commitment to establishing a tractor assembly plant in Nigeria. This significant development in foreign investment was revealed during a meeting between Vice President Kashim Shettima and top officials from John Deere, led by its Vice President on Production Systems, Mr. Jason Brantley. The company’s interest in…
German Chancellor Olaf Scholz said on Sunday that his country was willing to invest in gas and critical minerals in Nigeria, Africa’s largest oil producer, as he started a two-nation visit to sub-Saharan Africa. This is the third visit to the region by Scholz in two years and comes as conflicts elsewhere highlight the growing…
The leaders of the Labour Party (LP) have strongly criticised the Publicity Secretary of the Lamidi Apapa-led faction of the party, Abayomi Arabambi, for what they refer to as his “serial inflammatory blackmail” of the party’s presidential candidate, Peter Obi. They denounce Arabambi’s actions as unacceptable and call for them to be condemned in the…
A roundtable discussion on the recently enacted Electricity Act 2023 highlighted the need for states to receive support in order to leverage the opportunities the new legislation presents. The roundtable, jointly convened by the Nigeria Governors’ Forum (NGF) and the British High Commission through the United Kingdom Nigeria Infrastructure Advisory Facility (UKNIAF), focused on the…
The proliferation of substandard and falsified medicines poses a grave risk to public health and economic growth, warns Prof. Moji Adeyeye, the Director-General of the National Agency for Food and Drug Administration and Control (NAFDAC). Speaking at the 23rd NECCI PR Roundtable in Lagos, Adeyeye emphasised the serious consequences of illicit sales and distribution of…