Author: Akintayo Adams

The Nigerian Senate has suspended Senator Abdul Ningi over his allegations of padding the 2024 budget brought before it by President Bola Ahmed Tinubu – GCFR. Speaking with BBC on Saturday, he disclosed that the Northern elite are unhappy with the Bola Ahmed Tinubu-led government as the North has been relegated to the sidelines. He said, “This is true (about the review of the government) for the past three months, we have engaged consultants to review the budget for us. We have some experts that are working on it line by line. We have seen the huge damage that was…

Sen. Solomon Olamilekan ‘Yayi’ Adeola, who is representing Ogun West and also doubles as Chairman, Senate Committee on Appropriations in the Red Chamber was the topic of the day as he created a scene at the Senate earlier today. “No closed door, let’s do it open” was all he uttered upon learning of this colleagues desire to conduct a closed-door session on the issue of budget padding raised by Senator Abdul Ningi. On Monday in a Press Conference, Sen. Abdul Ningi had accused the National Assembly of padding the 2024 budget with a massive sum of N3tn while clarifying that…

President Bola Ahmed Tinubu – GCFR has urged Governors across the Federation to make land available for pastoralists so as to graze. Speaking at the flag-off of the agricultural mechanisation revolution for food security and commissioning of the remodelled domestic terminal of the Bola Ahmed Tinubu International Airport in Minna, Niger State, the President reiterated that the provision of grazing land for herders would end the violent clashes between farmers and herders and massive reduction in loss of lives and farm produce. Speaking further, he urged the state governors to pay wage awards to workers to relieve the populace of…

The need for inclusion and equity for women in the workplace has been emphasized by the MD/CEO of Wema Bank, Moruf Oseni, who said all hands must be on deck to ensure a good representation of both genders. Speaking at the annual Wema Bank International Women’s Day programme, tagged “Empowerment through finance,” he revealed that the financial institution would continue to support and promote women, and that the bank has set aside ₦8.9 billion as uncollateralized loans for Nigerian businesses run by women. “Let’s talk about their (women) offerings here and why it’s important to commit to these. The first…

On Monday, Sokoto State Government revealed that it would spend ₦6.7 billion on its Ramadan feeding programme. This was disclosed by Governor Ahmad Aliyu at the flag-off of grain distribution to 18,400 orphans and the less privileged across the state. According to the Governor, each of the 18,400 beneficiaries would receive bags of rice and millet with ₦5000 cash. Speaking, the Sultan of Sokoto, Alhaji Muhammad Sa’ad Abubakar III, thanked the state government for sustaining the culture of feeding during Ramadan. The leader of the caliphate also assured the governor of his support in his administration’s efforts to improve the…

Nigerian Breweries PLC, Nigeria’s long-standing producer of beer has announced that its various brands are experiencing an increase in prices. This follows the previous increase that was effected less than a month ago. In a statement dated March 8, 2024 and directed towards customers in the Western part of the country, the company announced the new price increase. It was revealed that the new price review will take effect from Friday, March 15, 2024. The reason for the latest increment rests on the need to lessen the impact of rising input costs, read the statement. “As earlier informed we will…

First Lady of Nigeria, Sen. Oluremi Tinubu has said that some of the initiatives under the Renewed Hope Agenda are already yielding results and will soon reach all nooks and crannies of the country. She stated this at the inauguration of Women Wing of Christian Association of Nigeria, WOWICAN, in Abuja. She said the initiatives would bring succour to the entire populace, especially women. “The economic situation of the country is already improving’,” stated the First Lady who was represented by Adedayo Benjamins-Laniyi, the Mandate Secretary for Women Affairs in the Federal Capital Territory. “The Renewed Hope Agenda of President…

Immediate Past President of the Federal Republic of Nigeria, Muhammadu Buhari – GCFR has hailed his successor, President Bola Ahmed Tinubu – GCFR for not disappointing the populace since his ascension to the highest position in the land. He applauded Tinubu for performing despite the current economic situation of the country. According to the Former President, Nigeria is “too complex” and there is not much anyone could have done regarding the situation on ground. Recall, minutes after his inauguration, President Tinubu declared that his administration would no longer follow the trend of subsidizing fuel, and proceeded to call for the…

On Monday, Bitcoin hit a all-time record high above $72,000, and this was after the the FCA said it would allow exchanges to list cryptocurrency-linked exchange-traded products for the maiden time. Bitcoin’s price surged over 3% to $72,211.51 at around 6:50 a.m. ET, peaking at a new all-time high. It has since receded slightly and was back below $71,530.13 as of 7:15 a.m. ET. The rise was aided by news that Britain’s Financial Conduct Authority had said it would allow the creation of crypto-related securities. Exchanges must ensure that they have sufficient methods in place, so that trading is orderly…

Following the recommendation of the state House of Assembly had, on Thursday, February 8, 2024, urging the executive arm to ban the use of styrofoam for food purposes in the state, the Oyo State Government on Monday declared the use of styrofoam for food services, storage, and other related purposes illegal Therefore, the state government took the bold step of inaugurating the Food Safety Compliance Enforcement Task Force to oversee the enforcement of food safety rules and regulations in the state. Making the announcement during the Food Safety Stakeholders Forum, and the inauguration of the task force, Oyo State Commissioner…