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NNPC should be audited, President shouldn’t be petroleum minister – Sanusi Former emir of Kano, Muhammadu Sanusi II, has called for the audit of the Nigerian National Petroleum Company Limited. Sanusi made this known while speaking at the Bank Directors’ Association of Nigeria conference, in Abuja. He said the country needs to beam the searchlight on NNPC in the areas of revenue generation and oil production. Sanusi said, “The finance minister can not tell you because he doesn’t have a metering system that reports to him. “The finance minister can not tell you that today, this is how many barrels of oil that we produce and export here. He can only rely on NNPC telling him. Those barrels are revenue; they belong to finance. We have been talking about this for 10 years. We need a metering system. “The finance ministry needs to know how much oil we are producing everyday, selling, and where the money is going.” Sanusi said if the leakages are not fixed in the system — the dollar revenue i...

Coup: ECOWAS Court declines Niger’s request to suspend sanctions ECOWAS Court of Justice has, on Thursday, dismissed a request by the Republic of Niger for the Court to suspend sanctions imposed by the ECOWAS Authority of Heads of State and Government on Niger. The request for interim measures is part of a broader case brought by the Republic of Niger and seven other applicants challenging the legality of sanctions imposed by ECOWAS following a military coup in the West African country in July 2023 that overthrew the government of President Mohammed Bazoum. The Court, in the ruling delivered by Justice Edward Amoako Asante, acknowledged that it has prima facie jurisdiction over the substantive application. But the Court ruled that it could not grant the request for interim measures since the additional requirement for the case to be prima facie admissible had not been met. The Court explained that the Republic of Niger, as currently controlled by the military junta, lacked prima facie ...

Naira falls to N1200/$ in parallel market, gains 11% in NAFEM The naira depreciated yesterday to N1,1200 per dollar in the parallel market from N1,172 per dollar on Wednesday. However, the naira yesterday appreciated to N843.07 per dollar in the Nigerian Foreign Exchange Market (NAFEM). Data from FMDQ showed that the indicative exchange rate for NAFEM fell to N843.07 per dollar from N951.22 per dollar on Wednesday, indicating 11 percent or N108.15 appreciation for the naira. As a result, the gap between the official and parallel market exchange rates widened to N356.93 per dollar yesterday from N220.78 per dollar on Wednesday. Mr. Yakubu Ahmed, a black market trader said high demand for dollars still persists despite traders’ anticipation of a positive change in the trend of the foreign exchange rate. “There is still high demand for dollars but little access to it. I sold a dollar today for N1,200 and bought for N1,180.   “Though we anticipate a positive change from the curren...

NJC sacks Osun Judge, dismisses Adeleke’s petition against CJ The National Judicial Council, on Thursday, recommended the compulsory retirement of a judge of the Osun State High Court Justice S. O. Falola. The NJC said he was found guilty of granting a garnishee order absolute against Polaris Bank for the sum of N283,174,000.00 in a questionable manner. A statement by the Director of Information, NJC, Adesoji Oye, said the investigation committee found that Falola travelled to Lagos to visit the counsel for the bank on the issue of garnishee proceedings, an action it described as unprofessional. Oye said, “The National Judicial Council, under the Chairmanship of Hon. Justice Olukayode Ariwoola, GCON, at its 104th Meeting of 6 and 7 December 2023, has recommended the compulsory retirement of Honourable Justice S. O. Falola of the Osun State High Court from the bench. “The recommendation was made sequel to the findings of an investigation committee in a petition written against His Lo...

More pressure on industries, businesses over N952/$1 exchange rate for import • N2m increase on 40ft container, N350,000 rise on vehicle clearance • Importers to divert cargoes to other climes, Nigeria’s ports to become idle • Stakeholders: Increase will induce inflation, more businesses to shut down • Cost of drugs to increase, health of masses a concern • FG urged to address security, shipping growth, ports operations Barely a month after the Federal Government through the Central Bank of Nigeria (CBN) raised the exchange rate for importation to N783/$, Nigerians are in for more hardship this yuletide as the rate was again raised to N952/$ yesterday, leaving importers stranded as they face more financial pressure to clear their goods at the port. This is the fourth time in six months the import exchange rate has been adjusted by the Nigeria Customs Service (NCS) under the President Bola Tinubu ‘Renewed Hope’ agenda after the Service started the implementation of the floating foreign ...

Naira scarcity hits Abuja as ATMs fail to dispense cash  Some parts of the Federal Capital Territory, FCT, are beginning to experience paucity of the Naira as Nigerians approach Christmas. No fewer than seven commercial banks in the AYA area of Abuja failed to dispense cash on Thursday. A correspondent, who visited these ATMs on Thursday evening, reports that he could not withdraw, and it has been the case for about a week. Our correspondent, however, observed that Point of Sales, POS, operators lined up in their numbers in front of those banks to make brisk business. One of the POS operators, who identified himself as Samuel, lamented that the ATMs have not been dispensing cash as expected. He noted that cash was only available at certain hours of the day. “Since we entered December these ATMs have not been dispensing as much. “There is naira scarcity and most likely it may be because we are approaching December, but only CBN can explain this new scarcity,” he said. This is coming...

2024: Lagos prophet, Olujobi releases prophecies on Davido, Wizkid, Naira Marley The spiritual head of the Wisdom Church of Christ International in Lagos, Prophet Bisi Olujobi, has released a series of prophecies about the Nigerian entertainment industry. His prophecies were precisely on three popular artistes: Naira Marley, Wizkid and David Adeleke, aka Davido. Naira Marley was recently released from police detention after spending some weeks in custody over his alleged involvement in the sudden death of Mohbad. And prophet Olujobi said the troubles are not yet over for the musician, insisting in his prophecy that the singer “should not heave a sigh of relief yet; more trouble is on the way for the young man and this will permanently silence his musical career finally.” On Davido, he said, “David Adeleke’s career is gradually coming to an abrupt end, the boy should look more inward and be strategic.” Speaking on Wizkid, he said the international singer “should be advised to pray very ...

“Marry women who earn higher than you” – Daddy Freeze updates men Renowned media personality, Daddy Freeze has shared a fresh update as he advises men to marry women who earn higher than them. n a video posted on social media, Daddy Freeze updated men with reasons why they ought to marry wealthier women. He advised men to be bold and make request from ladies of what they can offer to them and also inquire how much they can get for monthly allowance. According to him, a woman who cannot pay you monthly allowance is not worth your time. Daddy Freeze cited sons of some influential men and how they also married daughters of other wealthy men. He noted that it is high time men begin to rate women the same way they are rated. See netizens reactions below:  mizkimorahprecious wrote: “Na respect and submission una talk ohh. Men love respect and submissi0n. Which one come be monthly allowance again now. Una don start.” iameniolamyde penned: “Daddy freeze , I rej£ct this for myself , I’m a g...

“I’m so lucky to be your mum” – 3-year-old girl braids hair at mother’s salon In a video that has quickly gone viral, a 3-year-old girl was captured meticulously and flawlessly braiding someone’s hair. The toddler’s dexterity and precision in performing the intricate task have left netizens in awe. The video shared by her mother, @zateglamourhair showcased the little girl’s talent as she effortlessly weaved the hair, stunning viewers with her remarkable skills at such a young age. “Mummy’s little helper. Thank you for being an amazing daughter. I’m so lucky to be your mum”, her mother wrote. The viral video has sparked a heated debate among netizens. While many admire the toddler’s impressive braiding abilities, some expressed concerns about the potential exploitation of the child. @phrazia reacted: “This is what they mean when they ask for 20 years experience at 21.” @pet_ commented: “As her lawyer let talk about my client salary cause ain’t no way my client will be doing all these fo...

STATE HOUSE PRESS RELEASE PRESIDENT TINUBU APPOINTS NCDMB GOVERNING COUNCIL AND MANAGEMENT TEAM In conformity with Sections 71(1), 72, and 73 of the Nigerian Oil and Gas Industry Content Development Act (2010), President Bola Tinubu has approved the appointment of qualified Nigerians to serve on the Governing Council and Management team of the Nigerian Content Development and Monitoring Board (NCDMB): (1) Sen. Heineken Lokpobiri — Chairman / HMS, Petroleum Resources (2) Engr. Felix Omatsola Ogbe — Executive Secretary (3) Oritsemyiwa Eyesan — Member / EVP Upstream, NNPCL (4) Gbenga Komolafe — Member / CEO, NUPRC (5) Bekearedebo Augusta Warrens — Member (6) Nicolas Odinuwe — Member (7) Rapheal Samuel — Member (8) Sadiq Abubakar — Member (9) Olorundare Sunday Thomas — Member President Tinubu expects this highly qualified body of experts to discharge their duties with his patriotic resolve to significantly enhance indigenous industry participation in the energy sector as part of the Renewe...

STATE HOUSE PRESS RELEASE  PRESIDENT TINUBU MOURNS HERO OF JUNE 12 STRUGGLE, FRANK KOKORI President Bola Tinubu has received the news of the passing of Frank Kokori, former Secretary-General of the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG), with deepest sympathies.  The late elder statesman was a foremost figure in the June 12 struggle.  The President condoled with his family, the civil society, the government, and the people of Delta state over the deeply painful loss.  President Tinubu described the former labour leader as a man of conscience; highly principled, courageous, and true. "Frank Kokori was a thoroughbred democrat and activist. He fought for democracy at a great personal cost. He surrendered his liberty to fight for truth and justice. He was the finest among reformers and champions of civil rights in Nigeria. "He was a brother in the June 12 struggle. He was uncompromising, unbending, and irrepressible. He was an exemplary comrade," the...

PHOTO NEWS. LAGOS NSCDC PRO BAGS CRIME REPORTERS' ASSOCIATION OF NIGERIA ( CRAN ) AWARD. Emerges CRAN's Innovative NSCDC Image maker of the year ... The President/CEO Security Watch Africa Initiatives, Mr Patrick Agwumba, presents Crime Reporters' Association of Nigeria "Initiative Award in NSCDC Image Making," to Deputy Superintendent of Corps Abolurin Oluwaseun, Public Relations Officer ( PRO ), Nigeria Security and Civil Defence Corps ( NSCDC ), Lagos State Command, for his eloquent, dogged, rugged and prolific and unrepentant strides, which affirm his selfless, sagacious, diligent and outstanding performances over the years, in his quest to professionally, project the image of the NSCDC at home and abroad in this generation. He received, the award along side so many other distinguished and outstanding serving Generals, Senior Military, Police, Paramilitary officers, government and private sector officials, who have contributed, immensely, to the development of...

 N15 billion VP house: Wike knocks Obi, says ongoing projects in FCT won’t stop The minister of the Federal Capital Territory (FCT), Nyesom Wike, on Thursday, December 7, knocked the 2023 presidential candidate of the Labour Party (LP), Peter Obi over his comments on plans to spend N15 billion on the residence of the vice president. Obi had on Monday, faulted the N15 billion allocation for the Vice President’s residence. Obi, in a series of tweets on his X handle, berated the plan as “shocking and disheartening”, considering the many important challenges facing our nation. Vice President Kashim Shettima, responded immediately and lampooned Obi. In a release issued by his media aide, Stanley Nkwocha, Shettima’s media aide, accused Obi of dancing “naked in the public square, trying to curry the attention of those who care to listen to his falsehood and warped opinions about waste. He said: “For good 24 hours, Obi danced naked in the public square, trying to curry the attention of tho...

CALIFORNIA NATIONAL GUARD TO REVITALIZE COLLABORATION WITH NAF The Adjutant General of the California National Guard (CNG), Major General Matthew Beevers, has reaffirmed his commitment to enhance the existing partnership between the Nigerian Air Force (NAF) and the Californian National Guard in the ongoing fight against terrorism in Nigeria and across Africa. Major General Beevers, who stated this when he paid a courtesy visit to Headquarters NAF on December 6, 2023, also emphasized the pivotal role of the NAF as an important strategic ally in the global effort against terrorism. Speaking further, Major General Beevers expressed the readiness of the CNG to assist the NAF in equipment acquisition and training, which will go a long way in bolstering its effectiveness in ongoing counterinsurgency and counterterrorism operations. Responding, the Chief of Air Staff (CAS), Air Marshal Hasan Abubakar, conveyed NAF's unwavering dedication to combating terrorists and criminal activities wit...

STATE HOUSE PRESS RELEASE PRESIDENT TINUBU TO SHELL GROUP: WE ARE REMOVING ENCUMBRANCES DAILY, WE EXPECT MORE INVESTMENTS President Bola Tinubu, on Thursday, in Abuja expressed optimism about the prospects of increased investments from Shell Petroleum Development Company of Nigeria (SPDC), emphasizing Nigeria's long-term relationship with the company, which discovered the first commercial oil field at Oloibiri in the Niger Delta in 1956.  Receiving the management of Shell Group, led by its Global Integrated Gas and Upstream Director, Ms. Zoe Yujnovich, the President said his administration will continue to ensure the security and viability of existing and new investments in the country. "We have made progress since our last meeting. I will continue to support and encourage you on this path. There is no doubt that there is a significant focus on investment in and around the continent. I am spearheading Nigeria's global march for new investments at home. "In view of our...

 Apostle Chibuzor Gift Chinyere Empowers Another Widow❤️ Happening now… Today 7 December 2023, Another widow just receives one plot of land, money to start building and bags of rice. Remember last week Apostle chibuzor said he got a ministration to give out two plots of land before the end of December 2023. Today one plot of land has been released to a widow in OPM church, remaining one more plot. Is on record Apostle chibuzor has build more than 50 houses for poor widows, donated estates to so many less privileged including dedicated staffs, donated properties to all 43 staffs working in his house including cleaners, security men and mobile police in his residence thereby making them landlords and land lady in the city of port harcourt. Built 18 free estates where less privileged that can not pay house rent are living. Giving out thousands of landed properties as gifts. All this are fully sponsored through tithes and offerings in OPM Church. One more photo below. 

 Lagos State Government Seals RCCG Parish, Other Churches, Mosques, Hotels Over Noise Pollution The Governor Babajide Sanwo-Olu-led Lagos State government has sealed a parish of the Redeemed Christian Church of God (RCCG), Ifelodun Mosque and several other churches and worship centres in the state over noise pollution. The Lagos State Commissioner for Environment and Water Resources, Tokunbo Wahab, who made this known on Thursday on his X handle said that the worship centres were sealed on Wednesday for also committing other environmental infractions. The Commissioner further identified other facilities sealed by the officials of the Lagos State Environmental Protection Agency (LASEPA) to include Avro Supermarket, hotels, Euphoria Night Club, Lady B Gold Bar, Mainland Leisure View Hotel, amongst others. Wahab said that “Ifelodun Mosque, Children of God Healings Deliverance and Adoration Ministry, City of Testimony Church, Cherubim & Seraphim (Ayo ni), Station of Relief Christ M...

Anambra Deputy Governor Meets Nsugbe Elders, Stakeholders Over Boundary Issue Ifeanyi Nwegbo The Deputy Governor of Anambra State, Dr Onyekachukwu Ibezim says peace in every community brings unity and as well help the state government boundary committee to make their work easier. Dr Ibezim made the assertion during a visit to elders and stakeholders of Nsugbe community at St John the Baptist Church, Nsugbe. He commended youths of Nsugbe for still maintaining peace and exploring legal options from the elders. Dr Ibezim called on the community to nominate 10 representatives to come to his office at Awka with the necessary documents and prove of the land ownership and effects of the crises on the part of Nsugbe. He promised that government will deal with anybody or group of persons or town that failed to maintain the status quo while the matter is under investigation. The traditional ruler of Nsugbe, His Royal Highness, Igwe Victor Ntoka, called on the state government to give judgement o...

Umuada Nsugbe Holds Peaceful Demonstration Over Killing Of Two Sons By Ifeanyi Nwegbo  The convener Umuada Nsugbe, Mrs Chinyere Attahi had prayed to God and called on Anambra State Government to intervene on the death of their two sons whom were killed by Umueri over land disputes. Mrs Attahi made the call during a peaceful protest by Umuada Nsugbe to all the nine villages in Nsugbe, seeking for vengeance. She thanked Gov. Chukuwma Soludo and his boundary teams led by the Deputy Governor, Dr. Onyekachi Ibezim for their reactions since the ugly situation happened in Nsugbe, in order to maintain peace  and calmness in the community.  She also thanked the government for making sure that the culprits were apprehended and kept in police custody. She pleaded and encouraged government to do more in order to seek justice for their children's death, thanking the youths for listening to the elders by not going to war against Umueri. Mrs Attahi commended Sen. Tony Nwoye for all his ...