Author: Platform Times Newspaper

The Federal Executive Council (FEC) has approved the dissolution of the Ministry of Niger Delta and the Ministry of Sports Development. The decision was made during a council meeting presided over by President Bola Tinubu at the State House in Abuja on Wednesday. Bayo Onanuga, Special Adviser on Information and Strategy to the President, announced the development in an official statement following the FEC meeting. According to him, the National Sports Commission (NSC) will now assume the responsibilities previously managed by the Ministry of Sports Development. He added that the Ministry of Niger Delta will no longer exist as a…

Daud Olatunji The World Bank has revealed that Nigeria suffered a significant revenue loss of N13.2 trillion due to the implementation of its foreign exchange (FX) subsidy policy between 2021 and 2023. The report, part of the World Bank’s latest Nigeria Development Update (NDU), highlighted the massive financial toll the FX subsidy had on the nation’s economy, warning of the urgent need to maintain a unified exchange rate to avoid future fiscal damages. According to the report, the subsidy, which saw Nigeria lose about 5% of its Gross Domestic Product (GDP) during the period, not only drained vital public funds…

The Ogun State Security Network Agency, Amotekun Corps, has announced plans to implement new measures aimed at curbing rising criminal activities along the Lagos-Ibadan expressway. PLATFORM TIMES reports that the initiative was in a bid to strengthen security across Ogun State’s borders and ensure the safety of its citizens. The initiative, which will also bolster economic growth by fostering a safer environment, was disclosed by the State Commander, Brigadier-General Alade Adedigba (Rtd.), during a stakeholder meeting held in Ogere. A statement by the Press Officer, Wale Olanrewaju, stated that the meeting, which took place at the palace of the Ologere…

The Lagos State Police Command has arrested three men suspected of being involved in organ trafficking, specifically in possession of what is believed to be human tongues. The arrests occurred during a routine stop-and-search operation on Tuesday, October 15, at Otedola Bridge. The suspects, identified as Isah Amohullahi, 30, and Abubakar Isah, 32, were apprehended while traveling in a taxi. According to the police, further investigations led to the identification and arrest of a third suspect, Gbolahan Temidayo, who allegedly sold the human parts to Amohullahi and Isah. Temidayo was captured at Oyingbo Market in Lagos. Lagos State Police Spokesperson…

Nigeria lost over $500 million to cybercrime in 2022, according to the Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede. Speaking at the National Summit on Cybercrime, held at the Banquet Hall of the State House in Abuja, Olukoyede highlighted the alarming growth of cybercrime, not only in Nigeria but on a global scale. Olukoyede noted that cybercrime is now the third-largest GDP contributor globally, with an estimated 2,328 cybercrime incidents occurring daily. He warned that global losses to cybercrime could reach a staggering $10.5 trillion by 2025 if left unchecked, emphasizing the urgency of…

Daud Olatunji Covenant Microfinance Bank Ltd. has further extended its reach in Nigeria’s financial sector with the inauguration of a new branch in Abeokuta, Ogun State, reinforcing its mission to bring innovative financial solutions to the community. The event, held on Tuesday, marked a major step in the bank’s ongoing efforts to empower individuals and small businesses through accessible financial services. Deaconess Ebipre Oluyemi, Chairperson of the bank, highlighted the branch opening as more than just a physical expansion, describing it as a gateway to greater opportunities for both individuals and businesses in the region. In her address, Oluyemi noted…

Daud Olatunji The scheduled hearing of the case involving De Renaissance Patriots Foundation and the Ibeju-Lekki Peoples Forum against the Lagos State Government and other defendants over the controversial $100 million land deal with Aliko Dangote failed to proceed on Tuesday, due to the absence of the presiding judge and the defendants. The case, which centers on a Freedom of Information (FOI) request regarding the payment Dangote allegedly made for 7,000 acres of land in Ibeju-Lekki, was expected to be mentioned at the Federal High Court, Ikoyi, Lagos. However, journalists who arrived to cover the proceedings reported that the presiding…

Daud Olatunji Former President Olusegun Obasanjo has stated that every region in Nigeria has, at one time or another, planned secession, challenging the notion that Igbos should be singled out and punished for Biafra’s attempted secession. He argued that the foundational problem plaguing Nigeria is regionalism, which has continually fostered division and hindered national unity. Obasanjo made these remarks on Tuesday while hosting members of the League of Northern Democrats, led by former Kano State Governor, Ibrahim Shekarau, at the Olusegun Obasanjo Presidential Library in Abeokuta, Ogun State. The meeting, which began with a closed-door session between Obasanjo and Shekarau,…

Daud Olatunji The Tai Solarin University of Education (TASUED) has announced its intention to confer honorary doctorate degrees on four distinguished Nigerians at its upcoming 16th Convocation Ceremony, scheduled for November 2024. The selected honourees, each recognized for their exceptional contributions to various sectors, will receive Honorary Doctor of Science (D.Sc. Honoris Causa) degrees. In a press release issued by the Registrar and Secretary to the Council, Oladapo Oke, the university noted that the awardees were chosen for their outstanding achievements and the profound impact they have had on society. … Honourees And Their Achievements Prince Taiwo Olayinka Afolabi, a…

Daud Olatunji The state government has announced a collaboration with the National Malaria Elimination Programme (NMEP), Catholic Relief Services (CRS), and the Society for Family Health (SFH) to distribute 3.1 million Insecticide Treated Nets (ITNs) to residents in a strategic effort to combat malaria and reduce the disease burden in the State. PLATFORM TIMES reports that the distribution, part of the 2024 ITN mass campaign, is designed to curb malaria by providing households with treated mosquito nets, a preventive measure proven to significantly reduce malaria cases. Speaking during a media orientation in Abeokuta on Monday, the State Health Educator, Dr.…