Devolve powers to states, raise GDP to $900bn… inside Atiku’s policy document
Atiku Abubakar, presidential candidate of the Peoples Democratic Party (PDP), plans to give more autonomy to states and local governments if elected president in 2023. According to the Atiku policy document seen by TheCable, the former vice-president says he will promote a “true federal system” which will guarantee national unity and allow the […]
Obi: Ending insecurity is key to bringing down food inflation
Peter Obi, presidential candidate of the Labour Party (LP), says addressing insecurity will tackle inflation in the country. Speaking in a BBC interview aired on Tuesday, Obi said Nigeria’s top priority today is security, adding that it’s an issue that requires urgent attention. He said the country has been hit by high […]
Nigeria recovers 31 looted Benin bronzes from US, Germany to return 1130
The federal government has recovered 31 Benin bronzes from three museums in the United States 125 years after they were stolen. NAN reports that 29 artefacts were returned by the Smithsonian National Museum of African Art while one was recovered from the National Gallery of Art, and another from the Rhode Island School […]
‘LP can’t win’ — Shagari, ex-minister, says he rejected offer to be Obi’s running mate
Mukhtar Shagari, a former minister of water resources, says he was asked by the Labour Party (LP) to be the vice-presidential candidate of the party. He said this on Tuesday in an interview on Channels Television. Shagari, a former deputy governor of Sokoto, had dumped the Peoples Democratic Party (PDP) in May […]
Newspaper Headlines: 1.4m Nigerians affected as flood death toll hits 500
The report on the environmental effects of the recent flood incidents in many parts of the country dominated the cover pages of Nigerian newspapers. Source: Top Stories
NNPC, oil firms agree on 3-month payment deferment at ‘premium cost’
Dwindling crude production has forced the Nigerian National Petroleum Company (NNPC) Limited to defer payments to some local petrol suppliers by at least three months. Mele Kyari, group chief executive officer (GCEO), made this known in an interview with Bloomberg in Abuja on Monday. NNPC imports all its petrol, swapping most for […]
Make clear policy decisions to control inflation, IMF tells Nigeria
The International Monetary Fund (IMF) has advised Nigeria and other countries to make clear policy decisions for price stability amid rising inflationary pressures. The Bretton Wood institution said Nigeria’s inflation rate would moderate to 19 percent this year and drop to 17 percent in 2023, reflecting on the monetary policy actions of the […]
Study visas: UK mulls restrictions as Nigerian migrants account for highest number of dependants
Migrants from Nigeria to the United Kingdom (UK) may face restrictions following the country’s plans to cut net migration. According to Home Office figures, Nigerians accounted for the highest increase in the number of dependants accompanying persons with study visas for the year ending in June 2022. “In the year ending June […]
‘Bravery, integrity, sacrifice’ — Buhari speaks on recipients of national honours
President Muhammadu Buhari says the persons who received national honours were awarded for their contributions to fostering national development. The president conferred national honours on over 400 Nigerians and seven foreigners on Tuesday. Speaking at the event, which held in Abuja, Buhari said those who received the awards were symbols of bravery, […]
Sources: ASUU to hold emergency meeting, may call off strike before Monday
The Academic Staff Union of Universities (ASUU) is reportedly set to hold an emergency meeting on its industrial strike on Wednesday. An insider told TheCable that the outcome of the meeting would then be sent to the union’s national body, which is expected to have a meeting on Thursday during which a decision […]