Category: News

Lagos and Ogun state governments have issued warnings to residents living in flood-prone areas particularly along riverbanks, to temporarily relocate or brace for potential flooding ahead of the planned release of water from the Oyan dam. The release of excess water from the dam, managed by the Ogun-Oshun River Basin Development Authority, OORBDA is part of an annual process to manage dam levels during the rainy season. Recall that residents of Isheri Riverview estate and other residential surroundings in Warewa and OPIC in Obafemi Owode Local government area were last…

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Recent news of Miss Ruth Ogunleye’s abrupt discharge from the Nigerian Army has sparked a firestorm of reactions, with many Nigerians expressing outrage and disbelief over the decision. While the Nigerian Army claimed its decision was taken due to Ogunleye’s mental state, critics however argued that the Army’s move was a clear attempt to silence Ogunleye, who had spoken out about the sexual harassment and assault she suffered at the hands of some senior officers. Recall that former Private Ogunleye had on January 9, 2024, taken to social media, revealing…

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According to an audit of the petroleum industry by the Nigeria Extractive Industries, Transparency Initiative (NEITI), oil companies’ indebtedness to the Federation Account has risen to $6.175 billion. The breakdown of the amount shows $6.071 billion and N66.4 billion in unpaid royalties and gas flare penalties owed to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) as of August 31, 2024. Additionally, there are outstanding petroleum profit taxes, company income taxes, withholding taxes, and VAT owed to the Federal Inland Revenue Service (FIRS) amounting to $21.926 million and N492.8 million as…

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The Bill and Melinda Gates Foundation has donated $600,000 relief fund to the Nigerian government. The donation was announced when Vice President Kashim Shettima met with the Bill and Melinda Gates Foundation led by its head of the Global Development Programme, Dr Christopher Elias, on the sidelines of the 79th United Nations General Assembly in New York. The relief fund is to “hasten relief efforts for victims of the devastating floods, as well as for health and agricultural sectors’ reforms,” the Senior Special Assistant to the Vice President on Media…

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The House of Representatives, on Thursday, began a probe into the alleged bribery of officials of the Economic and Financial Crimes Commission; as well as officials of the Nigerian Correctional Service by controversial cross dresser, Idris Okuneye, alias Bobrisky, who was convicted and sentenced to prison for naira abuse. This was as the Civil Defence, Correctional, Fire and Immigration Services Board, on Thursday, announced the suspension of two deputy controllers in charge of the Kirikiri Medium Custodial Centre in Lagos of Bobrisky’s bribery allegations. Trouble started earlier in the week…

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Goodluck Jonathan, former President of Nigeria and ex-governor of the Central Bank of Nigeria, CBN, during his tenure, and now Emir of Kano, Muhammad Sanusi II, yesterday openly disagreed over the sack of the latter. Sanusi had said in the book he co-authored with the former Minister of Finance, Shamsudeen Usman, that the former President sacked him because he blew the whistle on the $ 49.8 billion allegedly stolen from the government’s coffers during his tenure. But replying to the monarch, Jonathan said he (Sanusi) was only suspended over the…

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