Gbaja: Many youths have lost faith in Nigeria — we need to act now
Femi Gbajabiamila, the outgoing speaker of the house representatives, says many young Nigerians have lost faith in the country. Gbajabiamila spoke on Wednesday at the valedictory session of the ninth house of representatives. He said the country is losing some of its “best and brightest” brains to other countries, adding that urgent […]
TIMELINE: From ban to taxation — FG’s journey to cryptocurrency acceptance
Bitcoin and other cryptocurrencies have long been a topic of debate and regulatory scrutiny worldwide, and Nigeria has been no exception. In February 2021, the Central Bank of Nigeria (CBN) issued a circular to deposit money banks (DMBs), non-bank financial institutions (NBFIs), and other financial institutions (OFIs) to close accounts of persons or […]
Oil marketers: Ex-depot price has doubled | We now pay N13.8m additional cost on petrol
Oil marketers say the ex-depot price of petrol has more than doubled compared to the pre-subsidy removal amount. Last week, TheCable reported that the pump price of petrol is now as high as N540/litre in some filling stations — a result of President Bola Tinubu’s declaration that subsidy payment has ceased. Speaking […]
EXCLUSIVE: How Malami advised Buhari to decline assent to bill seeking to raise judges’ retirement age
Abubakar Malami, the immediate past attorney-general of the federation (AGF), advised former President Muhammadu Buhari to decline assent to the bill on uniform retirement age for judicial officers, TheCable can report. In a memo seen by TheCable, Malami told the former president that approval of the bill would create a “huge financial and […]
Tinubu calls EU council, seeks support to address insecurity, poverty in Nigeria
President Bola Tinubu has asked the European Union to support Nigeria in tackling insecurity and poverty challenges in the country and Africa. In a statement by Abiodun Oladunjoye, state house spokesperson, Tinubu spoke on Wednesday during a telephone conversation with Charles Michel, President of the European Council. Tinubu asked the EU to […]
Despite FG White Paper, senate passes bill exempting police from pension scheme
The senate has passed the bill for the establishment of a Police Pension Board to exclude the Nigeria Police Force (NPF) from the contributory pension scheme (CPS) and return the force to the old defined benefit scheme (DBS). The upper chamber announced on its Twitter handle on Tuesday that it had passed the […]
Boss Mustapha: SGF is a tough job | Akume will take office higher than I left it
Boss Mustapha, former secretary to the government of the federation, says the job of the SGF is a tough one. Mustapha spoke after the swearing in of George Akume as the new SGF at the presidential villa, Abuja, on Wednesday. Mustapha advised Akume to brace up for the challenges ahead. “This […]
Report: NAF admitted responsibility for airstrike that killed 39 civilians in Nasarawa
A report by Human Rights Watch (HRW) says the Nigerian Air Force (NAF) has finally taken responsibility for a fatal airstrike on Kwatiri, a Nasarawa village. In January 2023, TheCable reported how at least 27 persons were killed following the airstrike. The Miyetti Allah Cattle Breeders Association of Nigeria (MACBAN) said the […]
PHOTOS: Tinubu holds first meeting with all state governors
President Bola Tinubu is currently meeting with the state governors at the presidential villa, Abuja. The sit-down is the president’s first engagement with all the governors of the 36 states of the country. TheCable understands that the meeting commenced at about 12:36 pm on Wednesday. Governors of Zamfara, Kano, Taraba, Kogi, […]
Aircraft used for unveiling of Nigeria Air was chartered from Ethiopia, says MD
Dapo Olumide, chief executive officer (CEO) of Nigeria Air, says the aircraft used for the unveiling of the national carrier was a chartered flight from Ethiopian Airlines. Speaking when he appeared before a house of representatives committee on aviation on Tuesday, Olumide said the aircraft was returned to Ethiopia about two days after […]