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The Federal Government has unveiled the staggering financial cost of the direct economic devastation inflicted upon Nigeria by the catastrophic floods of 2022, a sum totaling $7 billion. , Vice President Kashim Shettima said this on Tuesday, at the United Nations Framework Convention on Climate Change event in Abuja. He noted that this environmental calamity, arguably the gravest manifestation of climate change in Nigeria, has resulted in an unparalleled toll on both financial and human fronts. Vice President Shettima spoke through his Deputy Chief of Staff, Ibrahim Hassan. The Vice President highlighted the relentless and immobilizing inundation experienced by the…

Israel Adeleke No fewer than two people lost their lives on Wednesday, when a ‘MAC’ Truck with the registration no (T-1501 LA) crashed into a total of five vehicles, leaving several people with serious injuries on the ever-busy Eko Bridge in Lagos. The Director of Public Affairs and Enlightenment at LASTMA, Adebayo Taofiq, confirmed this incident while addressing the newsmen. He explained that the collision was as a result of the ‘MAC’ Truck’s excessive speed, leading it to crash into five other private vehicles, including a commercial mini bus (Korope), due to brake failure. The director, made known that,…

Aminat Gusanu The African Development Bank (AfDB) has highlighted that in 2023, West Africa experienced a deceleration in economic growth, except for specific countries, including Cape Verde, The Gambia, Guinea, Mali, and Niger. This insight was shared through AfDB’s recently published “2023 West Africa Economic Outlook” report, released in Abuja on Wednesday. The report was titled “Mobilising Private Sector Financing for Climate and Green Growth in West Africa.” According to the bank, the report assessed the economic performance of 15 West African countries. These countries include Benin, Burkina Faso, Cape Verde, Côte d’Ivoire, The Gambia, Ghana, Guinea, Guinea-Bissau, Liberia,…

Fawaz Adebisi Former Governor of Nigeria’s Central Bank, Lamido Sanusi, has recently visited Niger, to engage with the junta leadership.  This was gathered on Wednesday, through Sanusi’s Twitter handle, @MSII_dynasty, revealing that the meeting held at Niamey, Niger Republic. The purpose and official capacity of Mr. Sanusi’s visit remain ambiguous at this juncture. Notably, the former monarch maintains a close affiliation with Nigeria’s President Bola Tinubu, who concurrently holds the leadership position within ECOWAS. Also, Mr. Sanusi is the spiritual leader (Khalifah) of the Tijaniyah Islamic movement, an organization encompassing numerous adherents across West Africa, including Niger. Accompanying Mr. Sanusi…

Aminat Gusanu Former Deputy National Publicity Secretary of the All Progressives Congress (APC), Timi Frank, has urged President Bola Ahmed Tinubu to facilitate the release of his academic records from Chicago State University to a Nigerian court. In a statement issued in Abuja, Frank emphasized that, as a public servant, Tinubu should not prevent the disclosure of his academic records in a court of law. Furthermore, he challenged both the American government and its institutions to ensure the release of Tinubu’s certificates from Chicago State University to a Nigerian court, citing the principles of reciprocity and freedom of information. Tinubu…

Aminat Gusanu Nigerian workers, represented by the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC), have expressed dissatisfaction with the N30,000 minimum wage, labeling it as inadequate. Consequently, the unions have urged members of the National Assembly to reduce their salaries in response. The unions highlighted that everyone is aware of the prevailing economic challenges, exacerbated by the removal of fuel subsidies, which has particularly affected Nigerian workers. This issue arose yesterday, when the Senate missed the one-week ultimatum set by the NLC and TUC to address the repercussions of the federal government’s removal of fuel subsidies on…

Fawaz Adebisi The Cinema Exhibitors Association of Nigeria (CEAN) has reported a revenue of N482 million for the month of July, which is slightly lower than the N567 million generated in the preceding month of June. In July, the total number of admissions to cinemas across Nigeria reached 218,395, representing an increase from the 210,299 recorded in June. This was disclosed by the National Chairman of CEAN, Mr. Opeyemi Ajayi, noting that the cinema industry experienced a modest upturn in patronage during July. However, he attributed this increased patronage to the occurrence of several public holidays within the month.…

Faridat Ogundairo The  Chairman of Obafemi/Owode Local Government Area of Ogun State, Hon. Adesina Ogunsola has celebrated his administration’s two-year anniversary as he lined up some of his achievements. Ogunsola, alongside other colleagues was Inaugurated as the chairman of the council on July 26, 2023 by the governor of the state, Dapo Abiodun. Speaking at a press conference on his stewardship to the people of the council in the last two years, Ogunsola said he decided to hold two years anniversary, so as to give account to the people of the council. The council boss explained that there are five…

President Bola Tinubu has reportedly implemented a series of cost-cutting strategies, including residing in a modest two-bedroom flat, as affirmed by Comrade Joe Ajaero, President of the Nigeria Labour Congress (NLC). Ajaero shared insights from a recent meeting with the president, during which Tinubu disclosed his commitment to reducing the cost of governance. Despite his intentions to continue using his private plane and decrease the number of vehicles in his official convoy, security officials advised against these measures. In an interview on Channels Television’s Politics Today, Ajaero provided details about the conversation. He explained that during the meeting…

A traditional  rulers, the Alarandun of Arandun, Oba Ibikunle Olapade,has been arraigned before an upper Area Court in Ilorin, Kwara state. The monarch stood before the court facing allegations of power abuse and intimidation, levied against him by Alhaji Ibrahim Gbenga Ibuoye and a group of individuals. During the proceedings on Tuesday, the court rejected a request to dismiss the case against the traditional ruler.  Oba Olapade’s legal representative, Barrister Olasehinde Adeseko, had sought the case’s dismissal based on the complainant’s absence, Alhaji Ibuoye, from the court. Adeseko argued that Ibuoye’s absence lacked valid reasoning and…