Minister of Works, David Umahi, has defended the Federal Government’s borrowing, saying the funds are being used to construct critical road infrastructure aimed at addressing hunger, insecurity and economic challenges across the country. Umahi made the remarks on Wednesday, during the flag-off of the 122-kilometre Kaduna–Birnin Gwari Road at the Afaka Mando Arena in Kaduna State. Responding to criticism over the country’s rising debt profile, the minister said the borrowings were being channelled into projects that would deliver long-term economic benefits. “So, when people say we are borrowing, we are…
Read More“Kaduna attracts over US$3.5bn in investment commitments since ’03” – Gov. Sani
Governor Uba Sani has disclosed that Kaduna State has attracted over US$3.5 billion in investment commitments since the beginning of his administration in 2023. The Governor made this known in a goodwill message at the 2nd Nigeria–Saudi Diaspora Investment & Tourism Exhibition Summit 2026, held at the Shehu Musa Yar’Adua Centre, Abuja. The two-day summit, attended by the Vice-President, Senator Kashim Shettima, GCON, alongside government officials, investors, diplomats, business leaders, and development partners, focused on strengthening economic cooperation, trade, tourism, and investment between Nigeria and the Kingdom of Saudi Arabia.…
Read More2027: “This is last chance to unite Nigeria” – Obi
Presidential candidate of the Nigeria Democratic Congress (NDC), Peter Obi, has warned that the 2027 general election is the last opportunity to unite Nigeria, noting that all hands must be on deck to change what he called the country’s “sad narrative”. This comes as the member representing Awka-North and South Federal Constituency, Prof. Lilian Orogbu, raised fresh alarm over an alleged plot to use fake security operatives to manipulate the upcoming election, stating that any such attempt would be resisted. Peter Obi, who spoke at an empowerment scheme convened by…
Read More“North suffered more from poor leadership, corruption than insecurity” – SDP Chairman, Adebayo
The presidential candidate of the Social Democratic Party (SDP) in the 2027 election, Prince Adewole Adebayo, has said the Northern region has suffered more from decades of poor leadership and corruption than from insecurity or population growth. Adebayo, who described the North as Nigeria’s greatest untapped economic asset, said the region possesses the land, population and productive capacity required to drive the country’s economic transformation if its leaders prioritise good governance over politics. The SDP candidate, who spoke at the ‘Arewa Awareness Summit on Unity Against Insecurity’ in Kaduna, said…
Read More176 Kwara abductees freed after 6 months in captivity
…As Govt. hails Tinubu, security forces No fewer than 176 residents abducted during the February 3 terrorist attack on Woro and Nuku communities in Kaiama local government area of Kwara State have regained their freedom, ending nearly six months of anguish for their families and communities. The Kwara State government announced the development yesterday through a statement shared by the media aide to Governor AbdulRahman AbdulRazaq, Olayinka Fafoluyi, its official Facebook page. “Alhamdulillah and kudos to President Bola Ahmed Tinubu GCFR, security forces, and everyone who played a role in…
Read MoreƊangote lowers petrol price to ₦1,165, diesel to ₦1,570
Ɗangote Petroleum Refinery has announced a fresh reduction in the ex-depot prices of petrol and diesel, lowering the cost of Premium Motor Spirit (PMS) to ₦1,165 per litre and Automotive Gas Oil (diesel) to ₦1,570 per litre. The new pricing, announced on Wednesday, reduces the ex-depot price of petrol by ₦50 from ₦1,215 per litre, while diesel falls by ₦80 from ₦1,650 per litre. The refinery said the adjustment forms part of its efforts to make refined petroleum products more affordable, improve access to fuel and support economic activity across…
Read MoreOsun: EFCC freezes govt. account 10 days to election
The Economic and Financial Crimes Commission (EFCC) has frozen an Osun State Government account domiciled with First Bank, ten days to governorship election. According to reports, the account, reportedly used for the payment of workers’ salaries, was placed on “Post No Debit” status by the anti-graft agency. The development came hours after the state governor, Ademola Adeleke alleged that the EFCC was planning to freeze the state’s accounts and those of top government officials. In a statement issued yesteray by the Commissioner for Information and Public Enlightenment, Kolapo Alimi, the…
Read MorePFIPC probe: H’Reps set to question alleged DG at undisclosed location
The 10th House of Representatives Ad-hoc Committee investigating the purported Presidential Foreign Investment Promotion Council, (PFIPC), said yesterday it would interrogate the Director-General of the agency, Aderemi Matthew Adeyemi, in undisclosed location to respect the constitutional principles of separation of powers. This is as the Managing Director of a private firm, Divine Dopacy Nigeria Limited, Mr. Gbenga Collins, yesterday narrated before the committee how he allegedly paid N400 million to the purported PFIPC DG after being promised a contract to renovate and furnish what was presented to him as the…
Read More“Many airlines risk collapse within 30 days”, Onyema warns
The Vice-Chairman of the Airline Operators of Nigeria, Allen Onyema, has warned that many domestic airlines could go out of business within the next 30 days unless the Federal Government urgently addresses the challenges confronting the aviation industry. Onyema, who is also the Chairman of Air Peace, gave the warning yesterday at the launch of the book: ‘Pathways, Pilgrimage & Destiny: The Biography of Alhaji Muneer Bankole’, which was held in Lagos. He described the aviation industry as capital-intensive but less rewarding, warning that airlines are facing serious threats to…
Read MoreEFCC begins takeover of Abubakar Malami-linked properties
The Economic and Financial Crimes Commission (EFCC) has begun taking possession of properties linked to former Attorney-General of the Federation and Minister of Justice, Abubakar Malami, following a final forfeiture order issued by the Federal High Court in Abuja. A residential property linked to the former minister in Kano State has been deserted and placed under security watch, while a hotel affected by the judgment remains operational. Justice Joyce AbdulMalik ordered the final forfeiture of the assets after holding that Malami and other claimants failed to establish that they were…
Read More