‘We’re no longer interested’ — BUA says Kogi can revoke 50,000-hectare land
BUA Group, a manufacturing and infrastructure conglomerate, says it is no longer interested in a 50,000-hectare land it acquired from the Kogi government in 2012. The company said this in a letter seen by TheCable, dated October 14, 2022, and addressed to the director-general of the state’s bureau of lands and urban development. […]
Tinubu to Buhari: No one can dismiss your achievements — I’ll honour your legacy
Bola Tinubu, presidential candidate of the All Progressives Congress (APC), says no one can take away the achievements of President Muhammadu Buhari. Tinubu spoke on Tuesday at the ministerial performance review retreat held at the presidential villa in Abuja. The former governor of Lagos said Buhari’s achievements might go unappreciated at the […]
‘Two killed, health workers abducted’ as terrorists attack Niger hospital
Terrorists have attacked the Abdulsalami Abubakar General Hospital in Gulu, Lapai LGA of Niger state. TheCable understands that the gunmen invaded the hospital around 2am on Tuesday. Two persons are believed to have died during the attack. A resident of Gulu community who spoke on the condition of anonymity told TheCable […]
36 states, FCT recorded N1.9trn IGR in 2021 — up by 22%
The National Bureau of Statistics (NBS) says the 36 states of the federation and the federal capital territory (FCT) recorded N1.89 trillion in internally generated revenue (IGR) in 2021. According to NBS’ report, the 36 states and the FCT recorded N1.56 trillion of IGR in 2020. This means that the 2021 figure […]
Soludo demands ‘forceful response’ from presidency, n’assembly on flood disaster
Chukwuma Soludo, governor of Anambra, says the federal government must call for a national conversation on the current flood disaster in the country. On October 10, Onyekachukwu Ibezim, the Anambra deputy governor, said the flooding being experienced in the state is the worst in history. Ibezim lamented that the deaths, destruction of […]
Zamfara bows to pressure, withdraws order shutting down broadcast stations
The Zamfara government has apologised for shutting down five broadcast stations in the state. TheCable had reported that the government ordered the closure of some media houses in Gusau, the state capital, for providing coverage for a political rally organised by the Peoples Democratic Party (PDP). The affected media stations are the […]
Kogi assembly summons BUA over ‘failure to pay’ for 50k-hectare land acquired in 2012
The Kogi house of assembly has summoned BUA Group, a cement manufacturing firm, over a 50,000-hectare land it acquired 10 years ago — but is allegedly yet to pay for. The house issued the summon on Monday at a public hearing of one of its ad-hoc committees held in a hotel in Lokoja […]
Newspaper Headlines: NLNG declares force majeure as flood disrupts gas supply
Reports on Nigeria’s new inflation rate and how the recent flood incidents will affect food supply dominated the cover pages of Nigerian newspapers. Source: Top Stories
Report: Ghana’s cedi now world’s worst-performing currency against US dollar
The Ghanaian cedi has become the worst performing currency in the world after it lost 45.1 percent of its value to the US dollar this year. According to Bloomberg, the currency of the world’s second-biggest cocoa producer depreciated 3.3 percent on Monday to 11.2750 per dollar. The media company said the cedi’s […]
Obi: If elected, we’ll make north’s arable land become Nigeria’s new oil
Peter Obi, presidential candidate of the Labour Party (LP), says he and Datti Baba-Ahmed, his running mate, have a grasp of the problems confronting the country. Speaking on Monday at an event organised by the Arewa joint committee in Kaduna, Obi said the “domestic policy challenges” have compounded the problems the country is […]