The Nigerian government shared a total N4.23 trillion as foreign exchange gains, representing 20.14 percent of the gross federal account allocation committee (FAAC) in the last 12 months, a report by Agora Policy has shown. The Abuja-based think-tank in its report titled “How Exchange Gain Became a Major Source of […]
Author: Aisha Muhammed
NNPC denies inflating fuel subsidy by N3.3 trillion
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has refuted claims that it inflated subsidy by N3.3 trillion, for Premium Motor Spirit, popularly known as petrol, On Monday, media reports surfaced about a forensic audit conducted by KPMG, a global accounting firm, which uncovered a significant discrepancy in the fuel […]
Finidi George Fails Nigeria As Benin Republic Trump Super Eagles –
Nigeria risk missing out on consecutive World Cups for the first time since their first outing in 1994 after suffering a shock defeat to the Benin Republic. Minnows Benin Republic shocked the Super Eagles, beating them 2-1 as they raced to the top of Group C in CAF’s 2026 World […]
₦2.7 Billion Fraud: Ex-Director, Azubuike Okorie Testifies Against Sirika
The N2.7bn contract fraud trial of the immediate-past Minister of Aviation, Hadi Sirika, opened on Monday with a former Director of Procurement in the Federal Ministry of Aviation, Azubuike Okorie, testifying against him. Sirika is standing trial alongside his daughter, Fatima, son-in-law, Jalal Hamma, and their company, Al-Buraq Investment Limited. […]
Alleged N423b ‘Fraud’: EFCC Sets Up Team To Investigate El-Rufai, Others
The Economic and Financial Crimes Commission (EFCC) has raised a team of operatives to probe alleged mismanagement of N423 billion by former Kaduna State Governor Nasir El-Rufai and some key members of his government. It was learnt that the former governor will soon be invited for questioning. Others slated for […]
Democracy Day: FG Declares Wednesday Public Holiday
The Federal Government has declared Wednesday, June 12 as public holiday to commemorate this year’s Democracy Day. The Minister of Interior, Olubunmi Tunji-Ojo in a statement on Tuesday by the Permanent Secretary of the ministry, Dr Aishetu Ndayako, congratulated Nigerians on the celebration. The statement partly read, “As we mark another […]
Anxiety as plane carrying Malawi vice president goes missing
An aircraft carrying Saulos Klaus Chilima, Malawi’s Vice President and nine others has gone missing, Malawi’s presidency said on Monday. “All efforts by aviation authorities to make contact with the Aircraft since it went off the radar have failed thus far,” Malawi’s Office of the President and Cabinet said in […]
Akpabio: Dangote Shamed Nigerian Government By Completing 650,000bpd Refinery
The President of the Senate, Senator Godswill Akpabio yesterday declared that the Chairman of Dangote Group, Alhaji Aliko Dangote shamed successive Nigerian governments by completing the 650,000 barrels per day (bpd) Dangote Petroleum Refinery, describing the facility as the ninth wonder of the world. Commending Dangote for completing the largest single […]
Dangote Opens Truck Assembling Plant In Lagos
Today, I joined the President of the Senate, Hon. Godswill Akpabio for the commissioning of the CKD plant at Dangote Sinotruk West Africa Limited in Ikeja. With the capacity to assemble and produce 10,000 trucks annually, Dangote Sinotruk West Africa is set to create about 3,000 jobs across Nigeria. Congrats […]
Economy: Senate Tours Dangote Refinery And Key Projects In Lagos
Nigerian Senate Leadership Visits Dangote Refinery, Fertilizer Plant, Truck Assembling Plant and Ports In Lagos “The impending availability of locally refined petroleum products remains the key to unlocking Nigeria’s economic growth” , Senator Dr. Ifeanyi Ubah, CON. Lagos, Nigeria – June 7- 9, 2024: The Nigerian Senate leadership, led by […]