Author: Chief Editor

Less than 30 days into the job, President Bola Tinubu is dealing with managing the assets and liabilities inherited from his predecessor, Muhammadu Buhari. However, unlike in 2015, the new president is unable to criticise his predecessor on his liabilities considering that they belong to the same political platform, the All Progressives Congress, APC. During the inauguration of the National Economic Council, President Tinubu admitted that “The situation that we have seen is one- I inherited, and it is fundamental, I inherited assets and liabilities of my predecessor.” Pro-market people and forces have hailed his reforms particularly, fuel subsidy removal…

Governor Peter Mbah of Enugu State, on Friday, failed to appear before the Governorship Election Petition Tribunal. DAILY POST recalls that the Tribunal had on Thursday, ordered a substituted service of a subpoena on Mbah through his lawyer. This was following an application by counsel to the People’s Redemption Party, PRP, Barr Alex Amujiogo. The subpoena was immediately served on Mbah’s lawyer by Amujiogo. However, when the case came up today, Friday, the PRP counsel told the Tribunal that Mbah did not honour the summons. Amujiogo said, “This Honourable Tribunal had on June 22, 2023 made an order that the subpoena be…

The immediate past governor of Rivers State, Barr. Nyesom Wike on Thursday held a meeting with the Senate President, Godswill Akpabio for over six hours ahead of the Senate resumption on July 4, 2023. It was gathered that the marathon meeting was Wike’s move to block the Peoples Democratic Party, PDP, hierarchy from nominating the Senate Minority leaders at the upper and lower legislative chambers of the National Assembly. The meeting, which held in the office of the Senate President, had the Deputy Senate President, Senator Jibrin Barau in attendance, the newly appointed Senior Special Assistant on National Assembly Matters…

As President Bola Tinubu prepares to announce his cabinet, a former Imo State Governor, Ikedi Ohakim, has denied claims of revolting against the incumbent governor, Hope Uzodinma. It was reported that Ohakim had revolted against Uzodinma over the latter’s refusal to support his ‘bid’ for a ministerial appointment under President Bola Tinubu’s administration. However, Ohakim said the report was the figment of the writer’s imagination and his sponsors because he had never revolted against Uzodinma. Describing the incumbent governor as a bosom friend, the former governor said revolting against Uzodinma would be doing the same against himself. A statement he…

The Nigerian Labour Congress (NLC) President, Joe Ajaero, is of the opinion that the Federal Government (FG) has no business subsidizing electricity because the industry has been privatized. Ajaero said this on Arise TV on Friday while fielding questions on the Federal Government proposed 40% increase in electricity tariff scheduled to take effect July 1, 2023. “Oh, I am not saying that the Federal Government is not spending 50 billion naira, I am not here to doubt it,” Ajaero said. “But I am here to say that electricity generation and distribution, especially the DisCos have been privatized, you know to…

World leaders call for reforms in global financial system President Bola Tinubu, yesterday, in Paris, France, said ongoing reforms, starting with removal of fuel subsidy and streamlining of exchange rate, will be sustained for a more competitive economy that attracts Foreign Direct Investment (FDI), urging investors to take advantage of opportunities in Nigeria.“We are ready for business, prepared to welcome investments,’’ he said while receiving President and Chairman of the Board of Directors of African Export-Import Bank (Afrexim), Prof. Benedict Oramah, and President of European Bank for Reconstruction and Development (EBRD), Odile Renaud–Basso, in separate meetings, on the sidelines of the…

• Tinubu sets up committee to resolve NNPC, FAAC row over remittances• Stay away from borrowing more, DMO warns FG The Federation Account Allocation Committee (FAAC) at its meeting, yesterday, shared N786.161 billion between the three tiers of government as federation allocation for the month of May, 2023.In a statement by the Director, Press and Public Relations of the Federal Ministry of Finance, Budget and National Planning, Stephen Kilebi, from the stated amount, inclusive of Gross Statutory Revenue, Value Added Tax (VAT), Electronic Money Transfer Levy (EMTL) and Exchange Difference, the Federal Government received N301.889 billion, states got N265.875 billion, Local…

Mr Peter Obi of the Labour Party, LP, says he agrees with Bill Gates’s comment on the Nigeria’s “japa” syndrome. Obi said he agreed with Gates’s opinion that “the recent surge of Nigerian professionals leaving the country for greener pastures is good and healthy for our country.” In a post via his verified Twitter handle on Thursday, Obi said he had maintained that “Our brain drain today will be our brain gain tomorrow.” The former Anambra State governor stated that Nigerians leaving the country may look like a loss today, but the knowledge and resources from them will be critical…

Manchester United legend Rio Ferdinand has urged the club’s captain Harry Maguire to leave Old Trafford this summer to salvage his career. Ferdinand believes it would be a terrible move for Maguire if he remains at Man United this summer transfer window. Maguire joined Manchester United from Leicester City in the summer of 2019 for a record £80 million. The England defender has fallen down the pecking order under current Man United manager Erik ten Hag due to his inconsistency and errors that lead to goals. Ten Hag has preferred the likes of Lisandro Martinez, Raphael Varane, Victor Lindelof, and…

Former President Buhari’s ascendancy to office of the President was partly attributed to electoral reforms introduced by Mahmud Jega-led INEC between 2010 and 2015. These reforms include a fairly credible voter register, Smart Card Reader for electronic voter accreditation and a truly independent electoral commission. The former President attested to the centrality of these reforms in defining his electoral fortune in the 2015 elections. In his words, “When the time He (God) had set for me came, He used technology to bring me in,”. His testimony underscores the power of electoral technology in deepening electoral integrity. Buhari’s recognition of the…