National Assembly to Extend 2024 Budget Cycle as Tinubu Presents N47.9tn 2025 Budget
The National Assembly is set to extend the 2024 budget cycle due to delays in budget submission. President Bola Tinubu will present the N47.9 trillion 2025 budget to a joint session of the legislature today at noon. Senator Osita Izunaso, Chair of the Senate Committee on Capital Markets, acknowledged that the late submission makes it […]
Edo Assembly Suspends All Local Government Chairmen and Deputies Over Financial Misconduct
The Edo State House of Assembly has suspended all 18 local government chairmen and their deputies for two months, citing insubordination and failure to submit financial records. The legislative arms of the councils have been directed to assume leadership during the suspension. The decision followed a petition from Governor Monday Okpebholo, who described the officials’ […]
Nigerians Paid Over ₦2 Trillion in Ransoms for Kidnappings Between May 2023 and April 2024 – NBS
Between May 2023 and April 2024, 65% of Nigerian households affected by kidnapping paid ransoms, amounting to an average of ₦2.67 million per case and a staggering total of ₦2.23 trillion, according to the National Bureau of Statistics (NBS). The latest NBS report estimates 2.2 million kidnapping cases nationally, with rural areas accounting for most […]
FG Renames UNIABUJA After Yakubu Gowon, Announces Free Christmas Train Services
The Federal Executive Council (FEC) has approved the renaming of the University of Abuja to Yakubu Gowon University in honor of Nigeria’s former military head of state (1966–1975). The announcement was made by the Minister of Information and National Orientation, Mohammed Idris, after FEC’s final meeting for 2024 at Aso Rock Villa. Established in 1988, […]
EFCC Arrests 792 Suspects in Cryptocurrency and Romance Scam Syndicate Bust
The Economic and Financial Crimes Commission (EFCC) has arrested 792 suspects involved in cryptocurrency fraud and romance scams during a surprise operation at a seven-story building in Victoria Island, Lagos. Among the suspects are 192 foreign nationals, including 148 Chinese, 40 Filipinos, and others from Kazakhstan, Pakistan, and Indonesia. The suspects allegedly used the building […]
JUST IN: Nigeria’s Inflation Rate Hits 34.60% in November 2024
Nigeria’s inflation rate increased to 34.60% in November 2024, up from 33.88% in October, according to the National Bureau of Statistics (NBS). This marks a continued rise after September’s reversal of a two-month decline. On a year-on-year basis, the November inflation rate was 6.40% higher than November 2023. Month-on-month, the inflation rate rose by 0.72%, […]
President Tinubu to Present 2025 Budget Proposal to National Assembly on Tuesday
President Bola Tinubu will present the 2025 budget proposal to a joint session of the National Assembly on Tuesday, December 17, 2024, at 11:00 a.m. in the House of Representatives chamber. This marks his second full budget since taking office in May 2023. Senate President Godswill Akpabio announced the presentation during Thursday’s plenary. Earlier this […]
Shekarau: Focus on Leadership, Not Regional Politics Ahead of 2027
Former Kano State Governor Ibrahim Shekarau has emphasized the need for Nigerians to prioritize the credibility of presidential candidates over regional origins. Speaking on Channels Television’s Sunday Politics, Shekarau dismissed ongoing debates about power shifting to the north in 2027, stressing that governance quality matters more than where a president comes from. Shekarau called on […]
Senate Declares Edo Central Seat Vacant as Senator Okpebholo Becomes Governor
The Senate President, Godswill Akpabio, has declared the Edo Central Senatorial seat vacant following Senator Monday Okpebholo’s election as Governor of Edo State. During a valedictory session in his honor, Akpabio directed the Independent National Electoral Commission (INEC) to organize a by-election to ensure continued representation for the district. In his farewell remarks, Okpebholo expressed […]
Atiku Condemns Detention of Lawyer Dele Farotimi, Calls for Protection of Human Rights
Former Vice President Atiku Abubakar has criticized the detention of human rights lawyer Dele Farotimi, who is being prosecuted in Ado Ekiti for allegedly defaming Senior Advocate of Nigeria (SAN) Afe Babalola. Speaking on International Human Rights Day, Atiku described Farotimi’s arrest as a blatant violation of constitutional rights and a troubling example of Nigeria’s […]