Author: Akintayo Adams

President Bola Tinubu has given the green light for the start of the N100 billion Consumer Credit Scheme aimed at aiding Nigerians amidst the worsening economic challenges in the nation. This was disclosed in a statement by Ajuri Ngelale, the President’s spokesperson. According to the release, interested Nigerians are expected to visit the portal of Nigerian Consumer Credit Corporation via www.credicorp.ng before May 15, 2024. “Consumer credit serves as the lifeblood of modern economies, enabling citizens to enhance their quality of life by accessing goods and services upfront, paying responsibly over time. It facilitates crucial purchases, such as homes, vehicles,…

14 recovered assets, on Wednesday, were handed over by the Chairman of the Economic and Financial Crimes Commission, Ola Olukoyede, to Governor Peter Mba of Enugu State. Olukoyede disclosed that the assets recovered by the commission was forfeited to the Federal Government. According to him, the anti-graft commission began an investigation into the development since 2007, and have convicted some individuals in relation to the matter. He also noted that the handover of the handover of the assets which includes – real estate, radio and television transmission equipment, and medical facility, amongst others, to the Enugu State Government, following a…

Two commissioners who are loyalists of the Minister of the Federal Capital Territory, Nyesom Wike in the cabinet of Siminalayi Fubara, Governor of Rivers State have been redeployed in a cabinet shake-up. Prof. Zacchaeus Adangor SAN, was deployed to the Ministry of Special Duties (Governor’s Office). He was the Attorney-General and Commissioner for Justice up till the moment of redeployment. The other is the former Commissioner for Finance, Isaac Kamalu, who has been moved to the Ministry of Employment Generation and Economic Empowerment. The transfers was contained in a statement issued in Port Harcourt, the state capital, on Tuesday by…

Chess-in-Slums Founder, Tunde Onakoya, who recently surpassed the world record for the lengthiest-ever chess marathon, achieving an impressive 60 hours, received a heartfelt welcome upon his return to Nigeria on Wednesday. According to The PUNCH report, he was greeted with an affectionate reception, complete with singing and dancing at the airport. Days ago, Onakoya surpassed the achievement of Norwegian players, Hallvard Haug Flatebø and Sjur Ferkingstad, who played for 56 hours and 9 minutes in 2018. The new record holder expressed that he aimed to raise funds and awareness for providing educational opportunities to underprivileged children across Africa. Join our…

Former Kogi State Governor, Yahaya Bello, has denied being invited, contrary to the claims of Ola Olukoyede, EFCC Chairman who said Bello failed to honor the commission’s invitation. Speaking through his media officer, Ohiare Michael, the former governor said EFCC declared him wanted without inviting him for questioning. A statement by Michael reads partly: “Let it be known to all that Alhaji Yahaya Bello is not afraid of the EFCC, he is not a fugitive running from the law. All he demands is that the rule of law be respected. “The EFCC stated that they invited Alhaji Yahaya Bello immediately…

The Peoples Democratic Party (PDP) has announced that its governorship primary election in Ondo State will be held on Thursday. The party’s National Working Committee (NWC) also announced a seven-man committee to that effect. A statement issued and signed by PDP’s spokesman, Debo Ologunagba, reads: “The National Working Committee (NWC) of our great Party, the Peoples Democratic Party (PDP), pursuant to the provisions of the constitution of our party, has appointed the following underlisted members of our Party to serve on the Ondo State Governorship Primary Electoral Committee to conduct the Governorship Primary Election for the purpose of nominating the…

The incorporation certificates of two subsidiaries of the Nigerian Postal Service (NIPOST), NIPOST Transport and Logistics Services Company Ltd and NIPOST Properties & Development Company Ltd have been invalidated due to irregular procurement practices, according to the Corporate Affairs Commision. The affected companies were created through improper procurement methods, the CAC said on Monday. “The general public is hereby informed that the Commission, sequel to its powers contained in Section 41 (7) of the Companies and Allied Matters Act No. 3 of 2020, revoked the Certificates of incorporation of the below-mentioned companies because the same was improperly procured. “These companies are…

President Bola Tinubu has endorsed the distribution of 20% of relief measures, encompassing food aid, via religious bodies and traditional establishments nationwide. This was made known by Vice President Kashim Shettima, on Tuesday, while speaking at a high-level dialogue with the theme: “Faith leaders as catalysts for enhanced human capital through nutrition,” at the State House in Abuja,  The event was organized by the National Council on Nutrition and the World Bank-assisted Accelerating Nutrition Results in Nigeria [ANRiN] Project. Shettima said: “President Bola Ahmed Tinubu is conscious of his obligations to the Nigerian people. He’s very much alive to the…

In view of its importance not only to the Niger Delta states but to the entire country, President Bola Ahmed Tinubu has promised to complete the East-West road. The road is the major link between the South-South and other regions in the country. The President revealed this while declaring open the 6th meeting of the National Council on Niger Delta (NCND) with the theme: ‘Stimulating strategies for economic growth and development in the Niger Delta region.’ He was represented by the Minister of Steel Development, Prince Shuaibu Abubakar Audu. He reiterated his administration’s commitment to restructure the Ministry of Niger…

Israel’s foreign minister, Israel Katz, on Wednesday expressed appreciation to the US Senate for approving $13 billion in military aid for his country. This according to him sent a “strong message” to the country’s enemies. He made the disclosure via a post on his X handle. I thank the US Senate for passing the Israel aid package tonight with an overwhelming bipartisan majority. “The Israel aid package that now passed both houses of Congress is a clear testament to the strength of our alliance and sends a strong message to all our enemies,” Katz added. He also thanked Senate Majority…