Abdulsalami: Increase in petrol price will push more Nigerians into poverty
Abdulsalami Abubakar, former head of state, says an increase in the price of petrol will push more Nigerians into poverty. Abubakar spoke at the 19th Daily Trust Dialogue in Abuja, on Thursday. TheCable had reported that the federal government might increase the price of petrol to N302 per litre in February if […]
OPEC: Nigeria’s oil production dropped to 1.19m bpd in December, lowest output in 2021
The Organisation of Petroleum Exporting Countries (OPEC) says Nigeria’s crude oil production declined by 78,000 barrels per day (bpd) in December, producing an average of 1.197 million barrels per day. This is according to the OPEC’s Oil Market Report for January 2022. Checks by TheCable also showed that the output in December […]
Petrol subsidy removal: NGF to meet with labour unions over planned strike
The Nigeria Governors’ Forum (NGF) says it will meet with organised labour unions on how best to address the removal of petrol subsidy. Speculations that the price of petrol will be increased have stirred up reactions among Nigerians, with the Nigeria Labour Congress (NLC) threatening to embark on a strike action if the […]
FG’s lawyer: Nnamdi Kanu denied being an IPOB member
Shuaibu Labaran, counsel to the federal government, says Nnamdi Kanu, leader of the Indigenous People of Biafra (IPOB), denied being a member of the proscribed group. Kanu was on Wednesday, re-arraigned on a 15-count charge of treasonable felony. When the charges were read to him, the IPOB leader pleaded not guilty. […]
‘I was wrong’ — Tinubu apologises for saying PVCs expire
Bola Tinubu, former governor of Lagos, has apologised over a statement he made about the permanent voter cards (PVCs) issued by the Independent National Electoral Commission (INEC). While addressing some women leaders who paid him a visit in Abuja, the presidential aspirant said the PVCs in the possession of citizens have expired. […]
Newspaper Headlines: FG to establish 18 modular refineries in oil-producing states
The decision of the senate to remove compulsory direct primary option from the electoral act amendment bill dominated the cover pages of Nigerian newspapers. Source: Top Stories
Daily COVID Tracker: Nigeria reports 230 infections in 14 states, one fatality
Nigeria on Wednesday recorded 230 COVID-19 infections. Here are five updates about the pandemic this Thursday. Pfizer CEO awarded $1m Genesis Prize for COVID vaccine development Albert Bourla, CEO of Pfizer, has been awarded the 2022 Genesis Prize for his contribution to developing a COVID-19 vaccine in record time. Bourla was […]
2023: I’ll run for president if APC finds me fit, says Ayade
Ben Ayade, governor of Cross River, says he will run for president in 2023 if the All Progressives Congress (APC) considers him (APC). The governor spoke on Wednesday in an interview on Sunrise Daily, a Channels TV programme. While responding to a question on whether he will run for president in 2023 […]
AFCON: Super Eagles beat Guinea Bissau to maintain perfect start
Super Eagles of Nigeria completed their Africa Cup of Nations (AFCON) Group D campaign with a 2-0 win over Guinea Bissau at Ominisports Roumde Adjia Stadium on Wednesday night. The result ensured that the Super Eagles topped the group with nine points from three games. In the thrilling encounter, Mama Samba Balde […]
EFCC invites Ahmed Kuru, AMCON MD, over corruption allegations
The Economic and Financial Crimes Commission (EFCC) has invited Ahmed Kuru, managing director of the Assets Management Corporation of Nigeria (AMCON), for questioning. A top official at the anti-graft agency confirmed the development to TheCable on Wednesday. Kuru has been accused of asset diversion and selling of seized assets to cronies at […]