Minister: No ransom paid for recently-freed train passengers
Mua’zu Sambo, minister of transportation, said the federal government did not pay ransom to secure the release of the remaining abductees linked to the Abuja-Kaduna train attack. On March 28, a Kaduna-bound train was attacked by terrorists, resulting in the killings of some passengers, while 61 persons were said to have been kidnapped. […]
Lagos to construct new airport in Lekki
The Lagos government says it is planning to construct a new airport in the Lekki-Epe axis of the state. Jubril Gawat, senior special assistant (SSA) to the governor of Lagos state on new media, disclosed this on Friday in a series of tweets. Quoting Ope George, special adviser to the governor on […]
Belarusian activist, rights groups win Nobel Peace Prize
Ales Bialiatski, an activist from Belarus, has been awarded the 2022 Nobel Peace Prize for championing human rights and democracy. The activist was awarded the prize alongside two human rights organisations — Memorial and the Center for Civil Liberties. In a statement, the Norwegian Nobel Committee said the peace prize laureates have […]
Buhari: Petrol subsidy will end by 2023 — it’s unsustainable
President Muhammadu Buhari has affirmed that the costly petrol subsidy will end by 2023. Buhari said this on Friday during the presentation of the proposed 2023 budget to the national assembly, in Abuja. Buhari had presented a record N20.51 trillion 2023 appropriation bill to the national assembly, earlier on Friday. He […]
Jeremiah Useni loses appeal to recover £1.9m loot from seized Jersey accounts
A court of appeal in Jersey has refused an application by Jeremiah Useni, a retired lieutenant-general of the Nigerian Army, to gain access to funds held in seized bank accounts in Jersey. In May, the court had ordered the forfeiture of the funds totalling £1.9 million. Useni was said to have transferred […]
2023 budget: FG earmarks N470bn for tertiary institutions
President Muhammadu Buhari says N470 billion has been provided in the 2023 budget for the revitalisation of the country’s tertiary institutions and salary enhancement. Buhari spoke on Friday after presenting the 2023 appropriation bill of N20.5 trillion to a joint session of the national assembly. While presenting the budget, Buhari said: “The […]
NGX eyes $1bn tech market, to launch specialised board for listing
The Nigerian Exchange Limited (NGX) says it is planning to launch a specialised trading platform for the tech industry to strengthen the diversity of the capital market. The exchange said the proposed platform — NGX technology board — will encourage more tech listings and contribute substantially to the proliferation of opportunities for African […]
Appeal court orders ASUU to resume work immediately
The court of appeal sitting in Abuja has ordered the Academic Staff Union of Universities (ASUU) to call off its strike. At the court session on Friday, the appellate court said ASUU should obey the order of an industrial court which directed the suspension of the strike before seeking to appeal the judgment. […]
Lawan: Crude oil thieves are Nigeria’s worst enemies — they’ve declared war
Senate President Ahmad Lawan says crude oil thieves are the worst enemies of the country. Speaking on Friday at a joint session of the national assembly shortly before President Muhammadu Buhari presented the 2023 appropriation bill, Lawan said oil thieves have declared war on the country. Despite attempts by successive administrations to […]
Buhari presents record N20.5trn 2023 budget to n’assembly
President Muhammadu Buhari has presented a record N20.51 trillion 2023 appropriation bill to the national assembly. The president made the presentation on Friday to the joint session of the national assembly at the temporary chamber of the house of representatives. The national assembly had approved the medium-term expenditure framework (MTEF) and fiscal […]
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