Falana faults NNPCL, says only president can fix petrol price
Femi Falana, human rights lawyer, says the Nigerian National Petroleum Company Limited (NNPCL) is not legally empowered to fix or adjust the price of petrol. Falana said the power to fix the price of petrol lies with President Bola Tinubu since there is no substantive minister of petroleum resources. On May […]
Yemi Kale: New petrol pump price may push inflation to 30% in June
Yemi Kale, partner and chief economist at KPMG Nigeria, says the new prices of premium motor spirit (PMS), also known as petrol, may add about 6 percent to Nigeria’s inflation rate. The consumer price index (CPI), which measures the rate of change in prices of goods and services, climbed to 22.22 percent in […]
EFCC grills ex-minister Pauline Tallen over ‘diversion of N2bn’
The Economic and Financial Crimes Commission (EFCC) has grilled Pauline Tallen, former minister of women affairs, over alleged corrupt enrichment. TheCable understands that Tallen was questioned at the Abuja zonal command for allegedly misappropriating N2 billion. Although details of the case against the ex-minister are still unclear, a source familiar with the […]
BREAKING: EFCC grills ex-minister Pauline Tallen over ‘diversion of N2bn’
The Economic and Financial Crimes Commission (EFCC) has grilled Pauline Tallen, former minister of women affairs, over alleged corrupt enrichment. TheCable understands that Tallen arrived at the Abuja zonal command on Thursday for questioning over alleged misappropriation of N2 billion. More to follow… Source: Top Stories
We must carefully review minimum wage, strengthen revenue, Tinubu tells APC governors
President Bola Tinubu says it is imperative to review the present N30,000 minimum wage for civil servants as well as improve the country’s revenue. Tinubu spoke during a meeting with members of the Progressive Governors Forum (PGF) led by Hope Uzodinma, chairman of the forum and governor of Imo, in Abuja, on Friday. […]
REVEALED: Pantami makes false claims over revenue generated by ministry under him
Isa Ali Pantami, former minister of communications and digital economy, recently made a claim that he raised the ministry’s quarterly revenue generation by a staggering amount. In a press statement announcing the plan to unveil “4,366 projects” implemented in his four years as minister, Pantami said he raised the ministry’s quarterly revenue from […]
Court affirms Ayu’s sack as PDP national chairman
A high court sitting in Makurdi, Benue state capital, has affirmed the suspension and removal of Iyorchia Ayu as the national chairman of the Peoples Democratic Party (PDP). Maurice Ikpambese, the presiding judge, also nullified Ayu’s membership in the party. BACKGROUND In March, the executive members of Igyorov ward, Gboko LGA […]
Tribunal upholds Seyi Makinde’s re-election as Oyo governor
The governorship election petition tribunal in Ibadan, Oyo, has upheld the re-election of Seyi Makinde as the governor of the state. The Independent National Electoral Commission (INEC) declared Makinde, candidate of the Peoples Democratic Party (PDP), as the winner of the election held on March 18. He secured 563,756 votes to win […]
ANALYSIS: ICPC may become toothless as senate wields the hammer
The bill passed by the senate on Tuesday to amend the Independent Corrupt Practices and Other Related Offences Commission (ICPC) Act has grave implications for the anti-graft war, according to a clause-by-clause analysis done for TheCable by legal experts. The amendments have the potential to hinder the commission from being an effective law […]
Tinubu meets Ibori, Wike, Makinde in Aso Villa
President Bola Tinubu is meeting with James Ibori, former governor of Delta state; Nyesom Wike, the immediate past governor of Rivers state; and Seyi Makinde, governor of Oyo state. The meeting is taking place at the president’s office in Aso Villa. The trio arrived at the presidential villa at about 4:20pm on […]