Author: Chief Editor

President Muhammadu Buhari, yesterday, said he believed in a truly independent National Assembly, where members chose their leaders without executive interference, adding that, it was why he refrained from meddling in the choice of leaders elected by the National Assembly in 2016. Buhari, who stated this after he inaugurated the permanent site of the National Institute For Legislative and Democratic Studies in Abuja, however, described the outgoing 9th assembly as the most productive federal legislature in recent time. However, at another event, Buhari boasted that he was leaving behind the foundation of free and fair election, which produced the President-elect,…

Thirty-nine lawmakers-elect of the Lagos State House of Assembly have reportedly endorsed the return of incumbent Speaker, Mudashiru Ajayi Obasa, to lead the 10th Assembly. A member of the Assembly, Adewale Temitope, who represents Ifako Ijaiye Constituency 1, spoke against the backdrop of reports, which claimed that the lawmaker representing Epe Constituency 1, Abiodun Tobun, had thrown his hat into the speakership race. Adewale, who is chairman of the House Committee on Transportation, said the endorsement of Obasa followed a resolution reached by the lawmakers-elect to have Obasa continue as leader of the Assembly. Speaking during an interaction with the…

Nigeria Agip Oil Company (NAOC) has denied supporting anti-security activities against the Mgbuoshimini community in Obio-Akpor council of Rivers State. The denial followed a report, titled: “Rivers community seeks termination of contracts over alleged killings,” published on May 4. NAOC, in a statement, said it adheres to local content principles and observes due diligence in line with major international standards while issuing contracts to bidders from the community. Recall that members and stakeholders of Mgbuoshimini community, Rumueme Kingdom had written to the General Manager of the company to terminate surveillance and cluster contracts and payment of some contractors following a…

• Signs new power purchase agreement for 726MW• Finance minister, NBET seek enabling environment, more investors Nigeria signed seven new regulations into law, in Abuja, yesterday, in a move to boost metering of all crude oil operations in the upstream segment of the nation’s petroleum industry. The new regulations signed by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) are: Nigeria Upstream Petroleum Measurement Regulations; Frontier Basins Exploration Fund Administration Regulations; Production Curtailment and Domestic Crude Oil Supply Obligation Regulations; Nigeria Upstream Decommissioning and Abandonment Regulations; Nigeria Upstream Petroleum Unitisation Regulations; Gas Flaring, Venting and Methane Emission (Prevention of Waste and…

• Confers GCFR, GCON on Tinubu, Shettima• Osinbajo takes Shettima on familiarisation tour of VP office• Wherever you are, Daura or Niger, expect knocks on your door, Tinubu tells Buhari• Fashola: Buhari will borrow, award contracts till last day in office Despite being encircled by the weight of witnesses to the contrary, President Muhammadu Buhari, yesterday, chest-thumping himself, said he has run a good race and finished his course as Nigeria’s leader for the past eight years. Therefore, he said, it was in order for him to pass the baton of service to another leader who will lead the country…

The outgoing President Muhammadu Buhari, GCFR, has made sure he is leaving a huge debt profile of N80 trillion when he leaves the villa on Monday, May 29. Well, well, well. While he will be celebrating in Daura or in Niger Republic, we shall be sorting out the mess he has created for us in last eight years. No problem. By popular demand, I want to republish an article I wrote that was published on 21 January 2021. “In June 2005, we were so ecstatic in celebrating the debt relief offered us, a relief of over $20 billion, which was…

• Rues empty promises of West African Development Bank (AfDB), yesterday, lamented the devastating effects of climate change in several poor African countries, saying the continent would require $2.7 trillion in interventions by 2030 to adapt. The development bank, which took a swipe at Western countries’ empty promises on climate change financing, said several African countries, for no fault of theirs, would continue to be in dire straits without urgent interventions. AfDB President, Dr. Akinwumi Adesina, at a media briefing to herald the 2023 yearly general meeting of the bank, in Sharm el Sheikh, Egypt, said Africa is in a…

The United Bank for Africa (UBA) Plc is set to celebrate this year’s Africa Day in commemoration of African unity with the fifth edition of the annual UBA Africa Conversations. The event, which will hold tomorrow at the Tony Elumelu Amphitheater, UBA House, is coming at a time when Africans are achieving great feat on the global front. UBA Conversation 2023 provides the opportunity for the African and global audience to hear and connect with diverse panelists on their African journeys, and how they have waded through various challenges to attain global successes in their own rights. This year’s theme…

United States President Joe Biden has sent a delegation to attend the swearing in of Bola Tinubu as Nigeria president. Tinubu will be sworn in on Monday, May 29, 2023 at Eagle Square in Abuja to succeed outgoing President Muhammadu Buhari. Biden in a statement by the White House said the US nine-person delegation will be led by Secretary of the United States Department of Housing and Urban Development, Marcia L. Fudge. The US delegation includes David Greene, Chargé d’Affaires, a.i., U.S. Embassy Abuja; Honorable Sydney Kamlager-Dove, United States Representative (D), California; Honorable Marisa Lago, Under Secretary of Commerce for…

President Muhammadu Buhari will on Tuesday, inaugurate seven legacy projects completed by the Federal Ministry of Works and Housing across the country. Mr Femi Adesina, the President’s spokesman, who confirmed this development in a statement on Monday in Abuja, said the projects were in line with Buhari administration’s determination to upgrade and expand the nation’s stock of infrastructure, The projects, according to Adesina, comprised of three major Bridges, three Federal Secretariats and a Road, saying the historic event would be headlined by the Second Niger Bridge which was conceptualised in 2005. He noted that in 2014, there was an attempt…