Author: Chief Editor

*Claims Obi, Atiku’s petitions unfamiliar with electoral law *Says their petitions failed to prove alleged non-compliance *Puts actual votes scored at 8,800,369 President Bola Tinubu has warned the Presidential Election Petition Court (PREPEC), that misinterpreting the law as provided for in the constitution on the25% of lawful votes cast in the Federal Capital Territory (FCT), Abuja, could “lead to absurdity, chaos, anarchy and alteration of the very intention of the legislature.” Tinubu also told the PREPEC that the two petitions filed by candidates of the Labour Party (LP), Mr. Peter Obi and his Peoples Democratic Party (PDP) counterpart, Atiku Abubakar,…

Former Kano state Governor, Dr Abdullahi Umar Ganduje has upbraided his successor, Abba Yusuf for doing nothing to support the citizenry to cushion the effect of the removal of fuel subsidy. Ganduje who spoke through his spokesman Muhammad Garba expressed surprise that Governor Yusuf-led administration has the audacity to criticize the palliatives recently unveiled by President Bola Ahmed Tinubu. He said that rather than picking holes in the palliatives endorsed by the National Assembly, it was incumbent on the New Nigeria People’s Party (NNPP) led administration in Kano state to initiate and evolve concrete plans that will alleviate the suffering…

The Chair, Alliance on Surviving COVID-19 and Beyond (ASCAB), Femi Falana, has called on leaders and members of the National Assembly to reverse the N110 billion palliatives and purchase of exotic vehicles they allocated to themselves. Falana said the action cannot be justified in a democratic society, which claims to operate under the rule of law. He warned that by approving allowances in the form of palliatives for themselves, without approval of the Revenue Allocation Mobilisation and Fiscal Commission (RAMFC), members of the National Assembly deliberately acted illegally and contemptuously. He said: “If the illegal decisions are not reversed, we…

Motorists plying the Murtala Muhammed International Airport (MMIA) toll plaza in Lagos have lamented increase in toll fare by the Federal Airport Authority of Nigeria (FAAN), saying the hike is coming at a time when the economy is challenged. They lamented that the country is currently battling challenges of fuel subsidy removal, floating of naira and rising cost of living. FAAN had on July 1 increased fares paid by motorists plying the route. Based on the new fees, cars are to pay N300; SUVs and buses N500; trucks (six tyres) N1, 000, while trailers pay N2, 000.    But despite the increment,…

Senator Abdullahi Adamu, the national chairman of the All Progressives Congress (APC), has spoken on reports that he has resigned from his position. The embattled former chairman fixed a National Working Committee (NWC) meeting, Caucus and National Executive Committee (NEC) meetings last week. The NEC and NWC were postponed due to the absence of President Bola Tinubu and rescheduled to Tuesday, July 18, and Wednesday, July 19. Credible sources within the Presidency told The Guardian that Adamu, a former governor of Nasarawa State, sent the resignation letter to the Chief of Staff of the President, Femi Gbajabiamila, on Sunday. However, Adamu late…

During his May 29 inaugural speech, President Bola Tinubu gave a clear indication of the economic direction his administration would go. It was not surprising when the Central Bank of Nigeria (CBN) quickly adjusted to the new direction. Swiftly, the apex bank floated the foreign exchange rate at the Import and Export (I&E) window, which has attracted commendation from experts, both local and international. There were also mixed reactions from the market but what was not in doubt is the stability the step has engendered in the foreign exchange market with the old manipulative tendencies now seen as the old…

• FEC fails to deliver Bonny project May deadline  • China’s review of participation in Nigeria’s infrastructure major setback• Promoters struggle with hazy route-to-market approaches• Pressure on Lagos infrastructure may continue longer than expected, says expert  Despite the Federal Executive Council’s (FEC) approval on construction, lack of funding, investors’ apathy, and promoters’ inability to articulate the commercial viability of relevant projects have stalled the development of three proposed deep seaports projects in Akwa Ibom, Badagry and Ondo. The Guardian learnt that state governments promoting the cumulative $8.5 billion worth of projects, apparently to ease congestion in Lagos seaport hubs and reduce pressure on…

Mrs Funmi Sessi, a labour leader, on Friday, said the Federal Government’s plan to give N8,000 to 12 million households for six months would be like a drop of water in the ocean. Sessi, Chairman, Nigeria Labour Congress (NLC), Lagos Chapter, stated this in an interview with the News Agency of Nigeria (NAN), as stakeholders in the sector reacted to the government’s plan. President Bola Tinubu had, in a request to the National Assembly, indicated the intention to cater for the welfare of the vulnerable and poor households in Nigeria under the National Safety Net Programme of the Federal Government.…

The African Development Bank (AfDB) said Nigeria loses $29 billion due to poor power supply annually while manufacturers in the country spend as much as N10.1 trillion on energy. AfDB president Dr. Akinwumi Adesina made this disclosure on Thursday as he raised concerns over the epileptic power supply in Nigeria while calling for an industrial revolution and manufacturing digitalisation. Adesina said this while delivering a keynote lecture with the title, “The Day the Lion Roared! Making Nigeria a Global Industrial and Economic Giant” at the Business Day CEO Forum in Lagos. “It has been estimated by the International Monetary Fund…

A suit by the Economic and Financial Crimes Commission (EFCC) against a former governor of Imo State Senator Rochas Okorocha has been dismissed by the court. A Federal Capital Territory High Court has dismissed the case and described the EFCC’s charges of fraud and abuse of office against Okorocha as an abuse of judicial process. Justice Yusuf Halilu premised his judgement on the fact that the EFCC had filed a similar charge against the former Imo State governor at the Federal high court, which case was decided upon in favour of the former governor in December last year. Details later.…