The Labour Party (LP) has responded to President Bola Tinubu's warning to the Presidential Election Petition Court (PREPEC) in Abuja. Tinubu's legal team allegedly cautioned the court that nullifying the election that brought him to power due to not scoring 25 percent of lawful votes in the Federal Capital Territory (FCT) could lead to chaos.
In a statement, the Acting...
The Independent National Electoral Commission (INEC) has argued that Peter Obi, the Labour Party's presidential candidate, failed to provide evidence showing that he obtained the majority of lawful votes during the 25 February presidential election. Obi, who came third in the election, filed a petition at the Presidential Election Petition Court in Abuja, challenging the outcome based on allegations...
Politics
Nullifying the Election Due to his Failure to Meet the 25% threshold in FCT Would Lead to Chaos
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Failure to reach the 25% threshold in FCT would bring chaos: President Bola Tinubu has responded to the two petitions filed by candidates Peter Obi of the Labour Party (LP) and Alhaji Atiku Abubakar of the People's Democratic Party (PDP) seeking the nullification of his victory in the February 25 presidential election. Tinubu argued that nullifying the election due...
The forex reform implemented by President Bola Tinubu in Nigeria is yielding positive results in terms of increased remittance inflows into the country. The reform involves allowing the Naira to float and letting market forces determine the exchange rate. As a result, several Nigerian companies have launched initiatives and partnerships to facilitate seamless remittances and international payments.
For example, Flutterwave...
Former Minister of Aviation, Stella Oduah, has been charged by the Federal Government with eight counts at the Federal High Court in Abuja. The charges were filed by the Economic and Financial Crimes Commission (EFCC), accusing Oduah of various offenses, including falsely claiming to have lost her National Youth Service Corps (NYSC) certificate.
The charges, filed on June 26, 2023,...
Governors and lawmakers from the Southeast region of Nigeria, along with the Igbo sociocultural organization, Ohanaeze Ndigbo, have decided to send a delegation to President Bola Tinubu seeking his intervention in addressing the security challenges in the zone. The decision was made during an emergency meeting held at the Imo State Governor's Lodge in Abuja.
Imo State Governor, Senator Hope...
Politics
$5 Billion Abacha Loot: Court Orders Olusegun Obasanjo, Musa Yar’Adua, Buhari, Jonathan to account for the Money
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A Federal High Court in Abuja has issued an order for the disclosure of spending details regarding the approximately USD $5 billion Abacha loot recovered by the governments of former Nigerian presidents Olusegun Obasanjo, Umaru Musa Yar’Adua, Goodluck Jonathan, and Muhammadu Buhari.
The court has directed the government of President Bola Tinubu to provide information on the exact amount of...
The Federal Road Maintenance Agency (FERMA) has announced plans to address potholes and carry out repairs on failed roads nationwide as the rainy season approaches. Mr. Godson Amos, the acting Managing Director of FERMA, stated this in an interview with the News Agency of Nigeria (NAN) in Abuja.
The intervention aims to alleviate the hardships and delays faced by road...
The Nigerian National Petroleum Company Limited (NNPCL) has announced its intention to reconcile fuel subsidy deductions with the Federal Government. The company stated that no fuel subsidy payments were made to marketers since January 2016.
The NNPCL shared a before and after fuel subsidy factsheet on its official Twitter account. It clarified that under the new arrangement, marketers would pay...
On Monday, Abia State Governor, Dr. Alex Otti, launched a new digital tax system aimed at eliminating fraud and intermediaries in revenue generation. The system also integrates free medical insurance schemes for all commercial vehicle drivers and riders of Keke (tricycles) and Okada (motorcycles), with the goal of maximizing revenue potential and promoting economic growth in the state.
The Governor,...
Zulum: N400m Saved from Teachers’ Verification Exercise in Borno
The governor of Borno state, Babagana Zulum says his administration has saved over N400 million from the verification of teaching and non-teaching staffers of public...