President Bola Ahmed Tinubu said his administration has cleared N30 trillion ways and means loan from the Central Bank of Nigeria. The President disclosed this on Tuesday during his 64th Independence Day celebration nationwide broadcast. According to him, his administration in the last 16 months has made gains in retooling and repositioning Nigeria’s economy. He added that Nigeria under his watch has reduced its debt service ratio from from 97 percent to 68 percent. “The economy is undergoing the necessary reforms and retooling to serve us better and more sustainably. If we do not correct the fiscal misalignments that led…
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Shehu Sani, a former Kaduna Central Senator, has disclosed a decrease in the activities of terrorists and bandits in the Northwest. Sani said the recent killings of some top terrorists’ leaders could have been responsible for the decrease. Posting on X, the former lawmaker wrote: “In the last few weeks, there is a noticeable decrease in terrorist and banditry attacks and kidnappings in the North Western parts of this country. “The elimination of some of the top terrorist leaders must have been responsible.This is commendable and should be sustained.” In the past weeks, notable bandit leaders have been killed in…
President Bola Tinubu says the economic hardship bedeviling Nigerians is not peculiar to the country, saying it is a global issue. The president made the claim in his nationwide broadcast on Tuesday to mark the 2024 Independence Day anniversary. He said, “The central concern of our people today is the high cost of living, especially food costs. “This concern is shared by many around the globe as prices and the cost of living continue to rise worldwide”. President Tinubu, however, assured Nigerians of his administration’s commitment to ensuring that the hardship is alleviated. “My fellow Nigerians, be assured that we…
The Economic and Financial Crimes Commission (EFCC) has cleared all doubts in the case of Alhaji Yayaha Bello, former governor of Kogi state. It’s a case of persecution, certainly not prosecution. The event of September 18, 2024 has finally removed the last veil that masked the mischief of Ola Olukoyede, the Chairman of the EFCC in his crusade of calumny against a man he has several times pronounced guilty as charged when he is not a court of law. EFCC and Bello had been engaged in a ding-dong over allegations of fraud against the former Kogi governor. On this count,…
When you think you have seen it all, someone or some office in this country shows you that things can always be worse. The latest case in the race from the mediocre to the absurd is the one offered in the saga of the case against Yahaya Bello, the former governor of Kogi state. The sheer number of descriptions of the saga, and the consensus among informed observers that the whole event is ludicrous, is a testament to the situation’s absurdity. Who is playing here, though, and with what? I would have considered the whole thing farcical, too, and just…
A chieftain of the All Progressives Congress, APC, Joe Igbokwe has declared that Nigerians who hate the country may find it difficult to make progress in their endeavours. Igbokwe made the remark in a post on his official Facebook page while commemorating the nation’s 64th Independence Day anniversary. He wrote, “believe that you have a beautiful country in your hands. Love Nigeria and Nigeria will love you back. Celebrate Nigeria and Nigeria will celebrate you. “Honour Nigeria so that Nigeria will honour you. If you hate your country you may not progress here. Nigeria will favour you the way it…
An Osun State High Court sitting in Osogbo has adjourned to November 1, 2024, the matter involving Igbajo kingmakers and the Osun State Government. The Court presided over by Justice Micheal Awe made this known at the resumption of hearing on Monday. Justice Awe also expressed concerns over the absence of the five defence counsels, including those representing Oba Ademola Makinde, the Osun State government, Boluwaduro local government and the warrant chiefs. The kingmakers are challenging the Osun State government’s nullification of Oba Adegboyega Famodun III’s selection as the 20th Owa of Igbajo land. DAILY POST recalls that Oba Philip…
As Nigeria celebrates its 64th Independence Anniversary Bauchi Governor, Sen. Bala Mohammed has reassured the residents of the state that ongoing palliative measures to address the current economic hardship will continue. The governor, in his Independence Day message issued through his Special Adviser on Media and Publicity, Mukhtar Gidado, assured the citizens of continued support. He commended them for their perseverance during the challenging economic times while acknowledging the hardships many are enduring. The governor said both the Bauchi State and the Federal Government were committed to providing ongoing relief through the distribution of food and essential non-food items. This…
The Shepherd Superintendent of the Household of God Church, Lagos, Rev Chris Okotie, has said Nigeria would survive the perilous times because of its prophetic destiny. Okotie said the country is a client nation with God, hence Nigerians should have faith in the supreme being. He disclosed this in a statement signed by his media advisor, Ladi Ayodele to mark Nigeria’s 64th independence anniversary. Okotie charges Nigerians to be hopeful always for better days as God does not abandon his people. He said: “These are perilous times. Our faith in God must become the Gyrostat that keeps us afloat as…
Northern Coordinators of the #Endbadgovernance Protest across the 19 northern states have pulled out on grounds that the organizers have not done enough to provide security for protesters. According to the Coordinators, the decision to pull out was reached after failure on the side of national organizers to resolve the knotty issues around how to safeguard protesters and wade off hoodlums from hijacking the process again. In a joint statement signed by the Chairman and the Secretary of the Northern Coordinators of #Endbadgivernance Protest, Abdullahi Daura and Mohammed Musa Biu, respectively, they explained that members were apprehensive about a repeat…