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Showing posts from September, 2024

Peter Obi Joins World Leaders At Leadership Dialogue In Athens, Greece - Politics

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  At the weekend, I joined global leaders that included, former Presidents, Prime ministers, serving and retired senior government officials, military chiefs, renowned academics, sports personalities, and others in Athens, Greece, for a Leadership Dialogue focused on governance, particularly in the areas of Democracy, Security and the Economy in today's world. The focus was on the lessons for future leaders. In my brief presentation, I listed some of the variables responsible for the insecurity in Africa and I emphasized that as leaders, we must acknowledge the profound global and generational transformations confronting us. Despite vast human and material resources, there remain significant unmet needs in global governance. Urgent attention must be paid to enhancing collective security, lifting people out of poverty, and reducing injustice and inequality in society. In the continent, we face high levels of insecurity, alarming corruption, worsening poverty, huge y

Bobrisky Files ₦1bn Lawsuit Against Verydarkman Over Voice Recording - Celebrities

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  Popular Nigerian internet personality Bobrisky has taken legal action against social media influencer VeryDarkMan, filing a ₦1 billion lawsuit, News360 Nigeria reports. The lawsuit centers on claims that VeryDarkMan released a voice recording allegedly generated by artificial intelligence (AI), falsely attributing it to Bobrisky. In a statement, Bobrisky issued a 24-hour ultimatum to VeryDarkMan, demanding the withdrawal of the claims and a public apology. Failure to comply, according to Bobrisky, would result in further legal action. Bobrisky’s legal team has expressed confidence in their case, citing defamation and malicious intent behind the spread of the AI-generated content. This legal battle comes as part of Bobrisky’s ongoing efforts to protect her public image and combat the spread of false information online. SOURCED ( Quote ) ( Report ) 3 Likes ( Like ) 4 Shares ( Share ) Re: Bobrisky Files ₦1bn Lawsuit Against Verydarkman Over Voice Recording

Phase One Of Lagos-calabar Highway Will Be Completed In 2025 - Umahi - Politics -

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  David Umahi, minister of works, says the first phase of the Lagos-Calabar coastal highway project will be completed on May 29, 2025. Speaking on Thursday in Abuja during an inter-ministerial press briefing as part of activities to mark Nigeria’s 64th independence anniversary, the minister said after the project is completed, it will be tolled for five to 10 years to recover construction costs. The construction of the highway began in March. The first phase of the project, made up of 47.47 kilometres of dual carriageway, was awarded to Hitech Construction Company Ltd. “We started the coastal highway, 700 kilometers that is traversing Lagos, Ogun, Ondo, Edo, Bayelsa, Rivers, Akwa Ibom and Cross River states,” Umahi said. “People did not understand the merits of this project. People did not see this project as an investment. And so today, the first section is going to be completed by May 29 and we’re going to toll it, and we’re going to get back our money within five to 1

Removal Of Fuel Subsidy Saved ₦‎5.4 Trillion For Nigeria – Governor Abiodun - Politics

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  The Governor of Ogun State, Dapo Abiodun has said that the subsidy on fuel, if not removed by President Bola Tinubu, would have cost the country N5.4 trillion by the end of 2024. Abiodun said that it would have been devastating for Nigeria to pay such a huge amount in comparison to the Federal Government’s budget of N6.7 trillion for the same fiscal year. The governor who spoke during a Special Church Service to mark the 64th National Day celebration at the Cathedral Church of St. Peter, Ake, Abeokuta, said the money is now available for the development of infrastructure across the country. He said: ” Mr. President removed the subsidy, which, if not curbed, would have cost us N5.4 trillion by the end of 2024. “We have been busy subsidizing our neighbours; these are funds that can be invested in improving our infrastructure and other social services. “Our budget this year for infrastructure was N6.7 trillion, meanwhile, the subsidy would have consumed N5.4 trillion, if not

Fubara To Wike: I Know Why You Are Frustrated, Rivers Is Nobody's Enterprise - Politics

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  Governor Siminalayi Fubara of Rivers State has said those antagonising his administration have continued to express frustration at seeing how firmly the affairs of State have been conducted, and the milestones achieved. The governor accused such people of being determined to lay hold on the soul of Rivers to control it as their personal estate, but insisted that his administration has taken it already to secure it as commonly owned by all Rivers people. Fubara spoke at the Inter-denominational Church Thanksgiving Service organised as part of activities marking the 64th Independence Day Celebration of Nigeria at St. Paul’s Cathedral of the Anglican Communion, Garrison Junction, Port Harcourt, on Sunday. The Governor stated for the record in order to correct the wrong narrative peddled in some quarters, and explained that he signed the contractual sum of N200 billion loan papers from Zenith Bank to fund the construction of the 50.15-kilometer dual carriage Port Harcourt R

'Still A Virgin' - Hilda Baci Reveals As She Celebrates Her 29th Birthday - Celebrities

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 Popular Nigerian Celebrity Chef Hilda Baci recently celebrated her 29th birthday yesterday claiming she is still a virgin. ( Quote ) ( Report ) 6 Likes ( Like ) 1 Share ( Share )

7 Recently Completed Projects In Nigeria - Politics

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  Despite all odds, Nigeria has continued to maintain its steady drive for development through infrastructure and investment. Whether it's new highways, bridges or industrial projects, the pace of progress is impressive. Nigeria is currently on a bumpy ride with the rising inflation figures, forex crises and fuel hikes but the country still managed to complete major projects across the country . they include the following ( Quote ) ( Report ) 7 Likes ( Like ) 1 Share ( Share ) Re: 7 Recently Completed Projects In Nigeria by Opebiman : 7:59am On Sep 21 Enugu asphalt factory. Enugu State Governor, Peter Mbah, has recently commissioned a mega asphalt production plant built by his administration. The governor, explained that the state will produce the inputs for asphalt production, noting that these moves would drastically reduce the cost of road construction for the state. This special and state-of-the-art asphalt production plant is designed to produce 160 tons of a

Questions To Ask A Realtor Before Buying A Property

 Before purchasing land through any realtor, it’s important that you ask brilliant questions. The more intelligent questions you are able to ask, the harder it becomes for anyone to sell fake properties to you. This is because like a pack of cards, they will stagger and fall once they know that you are knowledgeable about the real estate market. To ensure you make no real estate investment mistakes you will live to regret, here are the top 7 questions you should ask before purchasing any land anywhere in Nigeria: 1 — How reliable is the realtor and real estate company? Last week, I told you that an unreliable realtor is the worst person to patronize because all they care about is their sales commission. If the realtor is not reliable, chances are, they will sell a land in dispute to you just to get their commission. Investigate the realtor and the real estate company. If you are lucky to work with a good realtor, he or she will save you the stress of investigating the compan

Oil Industry Gets $2.9 Billion CBN Allocation - Politics

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  The Central Bank of Nigeria has released a total sum of $2.97bn to oil sector players for the importation of petroleum products and other related items into the country, The PUNCH reports. The amount released between 2022 and the first quarter of 2024 is against the backdrop of the significant energy crisis in Nigeria, fuel shortage, and the insistence of marketers to continue fuel import despite the availability of petrol from Dangote Refinery. Fuel imports, a significant consumer of foreign exchange, impact the country’s foreign reserves and the naira to dollar rate. On Thursday, the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, said the country now records about $2.35bn as net inflow into the Central Bank foreign reserves. So This Happened (EP 259) review the celebration of Prof. Wole Soyinka @90, others Nigeria’s external reserves currently stand at $37.24bn as of September 17, 2024. A breakdown using the quarterly statistical bulletin for the

Petrol Marketers Complained To That Our Diesel Price Is Too Cheap – Dangote

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  Marketers of petroleum products in Nigeria have reportedly written to President Bola Tinubu to complain that the drop in price of Dangote Refinery’s diesel to N900 per litre, is negatively affecting their businesses. Devakumar Edwin, Vice President, Dangote Industries Limited, disclosed this on a Twitter Spaces session organized by Nairametrics. “Petroleum product marketers in Nigeria have written to President Bola Tinubu to complain that the refinery local prices which have dropped from N1,200 to N1,000 and now N900 per litre are impacting their businesses negatively,” he said. Edwin highlighted some of the challenges facing the Dangote Refinery and its impact on Nigeria’s fuel supply and prices. According to him, the refinery, located in the Lekki Free Zone near Lagos, struggles to sell about 29 tankers of diesel per day due to low patronage from local petroleum product importers. “As a result of this poor local patronage, the refinery exports most of its diesel and av

Sanwo-Olu Advocates Preservation Of Lagos History - LASRAB Community Symposium

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  Professors and historians on Thursday unravelled the historical records of Lagos and laid to rest the argument surrounding the ownership of the state, dismissing the popular notion that Lagos is no man’s land. The event was a community symposium organised by Lagos State Records and Archives Bureau, LASRAB, themed ‘Lagos: Bridging Knowledge and Unveiling History.’ It held at the Balmoral Convention Centre, Sheraton, Ikeja in Lagos. Governor Babajide Sanwo-Olu, who was represented by the Secretary to the State Government, Barr. ‘Bimbola Salu-Hundeyin, said Lagos is a melting pot of culture that attracts people from all over Nigeria. The Governor noted that it is important to preserve the cultural heritage that makes the state unique. Governor Sanwo-Olu lamented distortion of facts about the history of Lagos and called for restoration of the subject in public schools. “It is important to preserve the history of Lagos for future generations. It should inspire us to aspire

FG Markets $100 Billion Creative Economy Growth Plan To Corporate Nigeria

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  Following months of comprehensive planning, the Federal Government has unveiled details of its bold and strategic plans to generate at least $100 billion and create over two million jobs from Nigeria’s creative economy yearly. The Government’s plan was unveiled Wednesday September 11, 2024 by the Honourable Minister of Art, Culture and the Creative Economy, Hannatu Musa Musawa at a roundtable for local and international investors where she presented her ministry’s 8-Point Plan and Roadmap. Speaking at the event hosted by the Ministry at the Wheatbaker in Ikoyi, the Minister said that if implemented to its fullest, the plan has the potential to achieve the above-stated objectives. She listed the 8-Point Plan as follows: Nigeria Destination 2023, a national initiative designed to grow the arts, culture and creative economy under one united vision Skills Development Fastrack Policy Frameworks Strategy Governance and Collaboration Smart Strategic Partnerships Growth Targets fo

NNPC Limited and Dangote Refineries Eye Crude-Sale, Product Buy-Back Deal -

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  The Nigerian National Petroleum Company Limited and the Dangote Petroleum Refinery are wrapping up discussions on crude oil sales by NNPC to the Dangote refinery in naira and the buy-back of refined petroleum products from the $20bn plant in naira. Parties in the deal may conclude discussions next week, the Vice President of Oil and Gas at Dangote Industries Limited, Devakumar Edwin, declared on Thursday during a space session organised by Nairametrics on X. The Dangote official also revealed that oil marketers had continued to boycott the diesel and aviation fuel produced by the Lekki-based plant, stressing that they had also reported the refinery to President Bola Tinubu that the plant’s low-priced diesel was counter-productive to oil marketers’ businesses. Edwin further revealed that NNPC had demanded to oversee the production of refined products at the Dangote refinery, based on the fact that the national oil company would supply crude to the plant. In August 2024,

Nigerian Man Sentenced To Nearly 12 Years For $200K Fraud In US - Crime

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  A Nigerian citizen has been found guilty of aiding in an attempt to defraud a North Dakota law firm through false digital transfers. According to the US Attorney’s Office for the District of North Dakota, between November and December of 2020, Christopher Agbaje, along with others, purported to be a business owner in a legal dispute with a Bismarck company, and entered into a fake attorney-client relationship with the firm. After a series of false statements and promises, the firm received a parcel containing a fraudulent Citibank check payable in the amount of $198,850.00, which was deposited in their bank account. At the purported business owner’s request, the firm then sent a $198,336.68 wire transfer to Agbaje’s business partner. After the transfer, Agbaje directed his partner to initiate a fake $180,000 international transfer to conceal the money’s location, ownership, and control. Upon hearing that law enforcement officers were actively conducting a fraud investig

RECENT LADIPO MARKET CRACKDOWN ON KIDNAPPERS BY LAGOS POLICE SPECIAL SQUAD

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  HOW SOME NOLLYWOOD PRODUCERS USE KIDNAPPING PROCEEDS TO FUND THEIR CREATIVE WORKS….. The recent Ladipo market Police crackdown on kidnappers Matters arising The July 4th, 2024 crackdown by men of the Special Lagos Police Anti-Kidnapping taskforce in Ladipo, which also coincides with the United States of America’s declaration of Independence, is nothing but a victory against organized crime in our society where a special police investigative team was trailing these 9 kidnappers who met their waterloo for 8 months for their nefarious activities which include abducting and grabbing wealthy individuals across Isolo, Okota, Ejigbo and Ladipo areas of the State. This operation lasted for one hour which 9 kidnappers were gunned down by the police operatives where 4 ak-47 rifles, four locally made semi-automatic pistols, nine AK-47 magazines, three walkie-talkies, two operational vehicles, a black Toyota 4runner, a blue Lexus RX350 were recovered from the felled suspects including some badly

Will the Multi-Billion Dollars Dangote petroleum Refinery bring needed relief to Nigerian Market?

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  THE commencement of petrol production at the Dangote Refining and Petrochemicals complex in Lagos is a defining moment for Nigeria. However, the excitement that came with the announcement has been dampened. It coincided with a 66 per cent spike in petrol prices shortly after the highly indebted national oil company, the NNPC Ltd., admitted that it could no longer accommodate subsidies on imported petrol. On September 3, the NNPC adjusted petrol pump prices by 66 per cent from N568 and N617 per litre to N855 and N897/l across regions. Independent marketers adjusted to between N900 and N1,200/l. This new price template suggests an agreement between the Dangote Refinery and the Federal Government, which has agreed to sell crude oil in naira to the refinery, factoring in the elimination of other costs associated with petrol imports such as freight, insurance, port charges and taxes that had combined to peg the landing cost at N1,117 as of June according to the Major Ener