Abdullahi Sule: CBN will use NNPC’s $3bn loan to stabilise naira — but Cardoso needs time to plan
Abdullahi Sule, the governor of Nasarawa state, says the $3 billion loan announced by the National Petroleum Company (NNPC) Limited in August will be used by the Central Bank of Nigeria (CBN) to stabilise the naira. The naira had weakened to N1,000 per dollar in the parallel market on Tuesday, as exchange rate […]
‘A disservice to Nigerians’ — PDP tackles Tinubu over appeal to stop release of his academic records
The Peoples Democratic Party (PDP) says President Bola Tinubu’s appeal against the release of his academic records shows he is “concealing” something. Atiku Abubakar, presidential candidate of the PDP, had approached the United States District Court for the Northern District of Illinois to produce relevant documents showing academic information of Tinubu who claimed […]
FAAC: FG, states, LGAs shared N1trn in August — up by N192bn
The federation account allocation committee (FAAC) says it shared N1.1 trillion among the three tiers of government in August 2023. The figure represents an increase of N192.46 billion compared to N907.54 billion in July 2023. The committee disclosed this in a communiqué issued on Friday at the end of its September meeting in […]
Delta guber: I’ll appeal ‘flawed’ tribunal judgment, says Omo-Agege
Ovie Omo-Agege, a former deputy senate president, says he will appeal the judgment of the Delta state governorship tribunal which dismissed his case challenging the election outcome. The Independent National Electoral Commission (INEC) had declared Sheriff Oborevwori, candidate of the Peoples Democratic Party (PDP), as the winner of the Delta state governorship election […]
‘Over N4bn still intact’ — Oyedele reacts to TheCable report on Nami’s ‘suspicious’ approvals
Taiwo Oyedele, chairman of the presidential fiscal policy and tax reforms committee, says his team is yet to spend the remaining N4 billion, out of the N5 billion approved by Muhammad Nami, ex-chairman of the Federal Inland Revenue Service (FIRS), to the joint tax board (JTB). Sources had told TheCable that Nami, among […]
Tribunal affirms Oborevwori’s election as Delta governor, dismisses Omo-Agege’s petition
The Delta state governorship tribunal has dismissed the petition filed by Ovie Omo-Agege, former deputy senate president, challenging the election of Sheriff Oborevwori as governor of the state. In the judgment delivered on Friday, a three-member tribunal headed by Chibuzo Ahuchaogu dismissed the petition filed by the All Progressive Congress (APC) candidate for […]
‘I can’t do without you’ — Umahi apologises to ministry workers after ‘locking them out’
David Umahi, minister of works and housing, has apologised to workers of the ministry. On Thursday, there was a protest at the federal ministry of works and housing in Abuja, after the minister locked out some staff for coming late to work. Umahi who got to the ministry’s complex ahead of some […]
FG to begin immediate rebuilding of collapsed Enugu-Port Harcourt bridge, says Umahi
David Umahi, the minister of works, says the federal government would commence immediate reconstruction of the collapsed Enugu-Port Harcourt bridge. The minister made the promise after Peter Mbah, governor of Enugu, decried the poor state of federal roads in the south-east region. After visiting the collapsed bridge alongside the governor, Umahi said […]
Kaduna PDP rejects tribunal judgment ‘technically’ affirming Uba Sani’s election
The Peoples Democratic Party (PDP) in Kaduna has rejected the judgment of the governorship election petition tribunal affirming the election of Uba Sani of the All Progressives Congress (APC). On Thursday, the tribunal upheld the victory of Uba Sani as governor of the state. The three-man panel via Zoom, affirmed Sani’s victory […]
50 killed in suicide attack during Eid-ul-Mawlid celebration in Pakistan
A suicide bomb blast has killed no fewer than 50 people in Pakistan. The blast happened near a mosque in the southwestern province of Balochistan on Friday. The attack which also injured over 50 persons, occurred as Muslims gathered to celebrate the Eid-ul-Mawlid — a commemoration of the birth of the Holy Prophet […]
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