# Tags

Edo Governor Sets Up Committee to Probe Obaseki

Edo State Governor, Senator Monday Okpebholo, has established a 14-member State Assets Verification Committee to investigate the administration of his predecessor, Godwin Obaseki. In a statement on Sunday, the Chief Press Secretary to the Governor, Fred Itua, announced that the committee would be inaugurated on Tuesday, 26 November 2024, at Government House in Benin City. […]

Senate Okays Tinubu’s Request for ₦1.77 Trillion Loan Amid Rising Debt Costs

Nigeria’s Senate has approved President Bola Tinubu’s request for a ₦1.77 trillion ($2.2 billion) loan to help bridge the 2024 budget deficit of ₦9.7 trillion. Deputy Senate President Barau Jibrin presided over the session on Thursday, during which the Senate approved the report submitted by the Senate Committee on Local and Foreign Debts, chaired by […]

Simon Ekpa Detained in Finland Over Alleged Terror Links to South-East Nigeria

Finnish authorities have detained Simon Ekpa, a pro-Biafra agitator, along with four others over allegations of involvement in terrorist activities. The Finnish National Bureau of Investigation confirmed that Ekpa is suspected of public exhortation to commit an offence with terrorist intent, while the other suspects face charges of financing terrorism. A police statement on Thursday […]

ICC Seeks Arrest of Israeli PM, Hamas Leader for War Crimes in Gaza Conflict

The International Criminal Court (ICC) has issued arrest warrants for Israeli Prime Minister Benjamin Netanyahu, former Defence Minister Yoav Gallant, and Hamas military leader Mohammed Deif. According to an ICC statement released Thursday, Netanyahu and Gallant face charges of war crimes and crimes against humanity committed during Israel’s military actions in Gaza between 8 October […]

FAAC Distributes N1.41tn as October Revenue Surges to N2.668tn

The Federation Accounts Allocation Committee (FAAC) has distributed N1.411 trillion among the three tiers of government and other stakeholders for October 2024. This amount represents a significant portion of the N2.668 trillion gross revenue generated during the month. The increase in revenues from oil and gas royalties, excise duty, Value Added Tax (VAT), import duty, […]

ACF Backs Northern Candidates for 2027, Slams Tinubu’s Policies

The Arewa Consultative Forum (ACF) has pledged its support for northern candidates vying for the presidency and other positions in the 2027 general elections, citing the need to rescue both the region and the nation from worsening socio-economic challenges. During its National Executive Council meeting in Kaduna State, the forum expressed grave concern over the […]

Zenith Bank Tech Fair 2024: Innovations in AI, Finance, and Cybersecurity Take Centre Stage

Zenith Bank is set to host its 2024 Tech Fair on Thursday, 21st November, at the Eko Convention Centre, Lagos. Tagged Future Forward 4.0: Embedded Finance, Cybersecurity, and Growth Imperatives – The Impact of AI, the event will feature discussions on cutting-edge innovations in artificial intelligence, cybersecurity, and digital transformation. Vice-President Kashim Shettima and Lagos […]

Nigeria’s Prosperity Hinges on Equitable Regional Development, Says Tinubu

President Bola Tinubu has stressed that Nigeria cannot achieve prosperity unless all regions of the country thrive. Speaking at a stakeholders’ roundtable on Northern Youth Development organised by the Sir Ahmadu Bello Memorial Foundation in Abuja, Tinubu unveiled a youth-focused development agenda designed to address the nation’s pressing challenges. Represented by Vice-President Kashim Shettima, Tinubu […]

PDP’s Ajayi Challenges Ondo Election Results, Accuses APC and INEC of Malpractice

The Peoples Democratic Party (PDP) candidate in the recently concluded Ondo State governorship election, Agboola Ajayi, has rejected the results, accusing the ruling All Progressives Congress (APC) and the Independent National Electoral Commission (INEC) of electoral malpractice. Results announced on Sunday revealed that the APC’s candidate and incumbent governor, Lucky Aiyedatiwa, secured victory with 366,781 […]

VAT Allocation Formula Fails Fairness Test, Says Adedeji

Dr. Zacch Adedeji, Chairman of the Federal Inland Revenue Service (FIRS), has criticised the existing Value Added Tax (VAT) allocation formula, describing it as unjust to the majority of Nigerian states. According to Adedeji, Lagos alone received 42% of VAT proceeds in October, with Rivers, Oyo, and the Federal Capital Territory (FCT) taking 16%, 5.2%, […]

Social Media Auto Publish Powered By : XYZScripts.com