Author: Chief Editor

Operators within the downstream oil and gas sector have said the federal government has raked in N400 billion due to fuel subsidy removal in the last 30 days. On Friday, Chinedu Okonkwo, National President of the Independent Petroleum Marketers Association of Nigeria, disclosed this in an interview with DAILY POST. Recall that in a meeting with oil and gas operators in February, Mele Kyari, the Group Chief Executive Officer of Nigerian National Petroleum Corporation Limited, NNPCL, had stated that the country spends N400 billion monthly on fuel subsidies. Speaking on the state of the sector owing to the removal of the subsidy…

Lucas Moura has revealed his only regret during his time at Tottenham Hotspur. Moura will leave Tottenham this summer as a free agent. The Brazilian spent over half a decade in the Premier League club and will officially become a free agent from Saturday, July 1, after four and a half years at Tottenham. However, according to the 30-year-old, his only regret regarding his time at Tottenham was that he did not win any trophy with Spurs. “I’m leaving with my head held high and with the feeling of a job well done,” Moura said in quotes translated by Sport…

Nigeria’s Super Falcons will jet out of the country on Sunday to kick-start their preparations for the 2023 FIFA Women’s World Cup. Randy Waldrum’s charges will spend 15 days in Brisbane, Australia, to perfect strategies ahead of the global soccer fiesta. Waldrum has already listed 23 players for the competition. Meanwhile, Nigeria’s first lady, Oluremi Tinubu is expected to attend the farewell dinner put in place for the team on Saturday. The farewell dinner will hold at the prestigious Transcorp Hilton Hotel, Abuja. Also expected at the dinner are football stakeholders and other important dignitaries. The Super Falcons will face…

Barcelona president, Joan Laporta, has revealed that Lionel Messi will return to the club soon. This comes after a date was set for a potential tribute at Camp Nou. Messi snubbed the opportunity to return to Barca this summer after his contract with Paris Saint-Germain ran out. Instead, the Argentina captain will be plying his trade in the Major Soccer League (MLS) with Inter Miami. However, there are plans to bring Messi back to Barcelona on the opening day of the Spotify Camp Nou. “Barca will always be his home. I met with them to make a tribute. “The opening…

Tottenham star Son Heung-min is now one year younger after South Korea changed how they count their citizens’ ages. Before now, the Asian country’s method of age counting saw all babies counted as one-year-olds at birth; this included their gestation period. With their old method of counting age, everyone from the country would also become a year older on January 1st – even those born in December. However, the country has now adopted international methods, where babies are counted as zero upon birth and have a year to their age annually. Tottenham forward, Son was born on July 8, 1992,…

Manchester United have decided to pull out of the race to sign Brighton’s Moises Caicedo. Erik ten Hag’s side had considered tabling a bid for Caicedo, having been ready to abandon interest in Chelsea’s Mason Mount after seeing two bids rejected earlier this month. However, a breakthrough finally came on Thursday with Man United agreeing to pay an initial £55 million and an additional £5 million, depending on Mount’s appearances and the success of the team. Mount is understood to have agreed a five-year contract to join Man United, with an option for a further year. Agreeing on a deal…

One of the many news items worthy of attention of socio-political observers and citizens of Nigeria last week was the statement released by the former spokesperson to President Muhammadu Buhari, Mallam Garba Shehu, about the removal of subsidy. Since we now have a new president and he has his own new spokesperson thereby making Mallam Garba Shehu no more a spokesperson to the president but just a normal private citizen, it is yes possible, but wrong, to miss his statement. It is wrong to miss statements from the men and women of yesterday because they have deep knowledge of and…

Timing matters in everything. Less than 24 hours in office, two directives by Nigeria’s newly sworn-in President, Bola Ahmed Tinubu, set the tone for emerging change, reverberating across the country and the world. Albeit, initially greeted with consternation and skepticism, steadily and inevitably, the doubt has given way to applause. On President Tinubu’s first foreign trip, June 20th, 2023 – June 24th, 2023, to attend the Summit on New Global Financing Pact in Paris, France, the two master strokes of removing the age-long fuel subsidy and streamlining the dual exchange rates, paved way for new friendships, partnership deals and an…

Nigerians will continue to reap the rewards of our administration’s new economic reforms after the time of sacrifice needed to transform the nation. President Bola Ahmed Tinubu made this known on Thursday in Lagos at a reception in his honour by the Lagos state government. He said that these rewards would be replicated in all the states and local governments of the country through the active participation of all the three tiers of government. He said that the administration would work tirelessly to ensure that the country is brought back from the economic brinks to that of economic resilience. The…

To put an end to port congestion, the leadership of the Nigerian Ports Authority, NPA, under Mohammed Bello Koko, has commenced evacuation of overtime cargoes from ports in Lagos. Recently, the exercise to free the ports of overtime received a boost last when the Permanent Secretary Federal Ministry of Transportation Dr. Magdelene Ajani, led an inter-agency team comprising the NPA, Nigerian Customs, NCS, and the Nigerian Shippers’ Council, NSC, on an assessment tour of overtime cargoes at the ports. The Lagos and Tin Can Island Port Complexes and the Terminals therein including Ikorodu Lighter Terminal have over the years been…