Nigeria’s reintroduction of a gasoline subsidy months after it was scrapped is expected to guzzle almost half of its projected oil revenue this year, according to the International Monetary Fund. The implicit subsidy will cost Africa’s largest crude producer an estimated 8.43 trillion naira ($5.9 billion) of its projected 17.7 trillion naira of oil revenue,Continue reading "Tinubu’s Reinstated Fuel Subsidy Will Drain Almost Half Of Nigerian Oil Revenue In 2024, IMF Warns"
N84.2Billion Fraud: Nigerian Court Restates Order For Arrest Of Former Kogi Governor, Yahaya Bello
A Federal High Court sitting in Abuja, on Friday, ordered the immediate arrest of Yahaya Bello, the immediate past governor of Kogi State. Justice Emeka Nwite berated Bello for trying to end the criminal prosecution that the Economic and Financial Crimes Commission (EFCC) had brought against him. The court agreed with the EFCC’s counsel, DrContinue reading "N84.2Billion Fraud: Nigerian Court Restates Order For Arrest Of Former Kogi Governor, Yahaya Bello"
Police Arrest Two Young Men Who Kidnapped And Killed 6-year-old Boy While Demanding N10M Ransom From His Parents. Our Correspondent
The suspects killed the victim using the knife and buried his corpse in a shallow grave while still demanding a ransom from the family. The duo of suspects, Mukhtar Mohammed, 20, and Hussein Suleiman, 20, have been arrested by the Adamawa State police command over the alleged abduction of a 6-year-old boy identified as EbokaContinue reading "Police Arrest Two Young Men Who Kidnapped And Killed 6-year-old Boy While Demanding N10M Ransom From His Parents. Our Correspondent"
Out Break Of Measles Claim 49 Lives In Adamawa.
Gov Direct Closure of Schools Targets12, 250 Children For Vaccination. From Stanley Mijah, Yola Barely few days after the closure of schools in the wake of the outbreak of Measles across the twenty-one local governments of of Adamawa State to stem the tide and spread of the disease, the state government in a swift responseContinue reading "Out Break Of Measles Claim 49 Lives In Adamawa."
Nigerian Army Confirms Terrorists’ Attack On Adamawa Community, Says Three Suspects Arrested
The army which made this known in a statement issued on Thursday said that the troops intercepted a group of terrorists on transit to unleash attack in the Yola South Local Government Area of Adamawa State. The Nigerian Army has said that its troops deployed for counter terrorism operations in the North East, in conjunctionContinue reading "Nigerian Army Confirms Terrorists’ Attack On Adamawa Community, Says Three Suspects Arrested"
Nigerian Army Confirms Terrorists Attacks In Southern Kaduna, Says Six Abducted Victims Were Rescued
The Nigerian Army has announced that its troops deployed for counter-terrorism operations in the North East and North West foiled multiple kidnap attempts on Tuesday in several operational theatres. This was contained in a statement issued on Wednesday by the Director Army Public Relations Major General Onyema Nwachukwu, which was posted on its official XContinue reading "Nigerian Army Confirms Terrorists Attacks In Southern Kaduna, Says Six Abducted Victims Were Rescued "
Nigerian High Court Restrains PDP From Removing Damagum As Party’s Chairman
This order was given by the court after hearing an ex parte motion filed by Umar El-Gash Maina and Zanna Mustapha Gaddama. A Federal High Court in Abuja has restrained the Peoples Democratic Party from removing Ambassador Umar Illiya Damagum as the party’s national chairman. This order was given by the court after hearing anContinue reading "Nigerian High Court Restrains PDP From Removing Damagum As Party’s Chairman"
House Of Reps Asks Inspector-General Of Police, Army To Find Killers Of Southern Kaduna Residents
The call followed the adoption of a motion on matters of urgent public importance moved by Reps member, Daniel Amos at the plenary on Tuesday. The House of Representatives has asked the Inspector-General of Police (IGP), Kayode Egbetokun, as well as the Nigerian Army and the Department of State Services to collaborate and bring toContinue reading "House Of Reps Asks Inspector-General Of Police, Army To Find Killers Of Southern Kaduna Residents"
Police Arrest Man For Defiling Nine-Year-Old Niece In Adamawa.
It was gathered that Hamidu reportedly lured his niece into his room with candy and had carnal knowledge of her. One Abdu Hamidu, 25, has been arrested by the police for defiling his elder brother's nine-year-old daughter in Adamawa State, Pioneer has learned. It was gathered that Hamidu reportedly lured his niece into his roomContinue reading "Police Arrest Man For Defiling Nine-Year-Old Niece In Adamawa."
SERAP Gives Tinubu Government 48 Hours To Reverse Cybersecurity Levy
The apex bank said that the implementation of the levy would start two weeks from the date of the circular. The Socio-Economic Rights and Accountability Project (SERAP) has threatened to sue the Nigerian Government over the 0.5 per cent cybersecurity levy imposed by the Central Bank of Nigeria. This is contained in a statement onContinue reading "SERAP Gives Tinubu Government 48 Hours To Reverse Cybersecurity Levy"
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