•Petrol scarcity The federal government has threatened to withdraw licences of oil marketers found guilty of hoarding Premium Motor Spirit otherwise known as petrol, following the unabated scarcity in Abuja, Niger, Nasarawa, Kaduna, and many other states. Some states, especially those in the North have witnessed continuous petrol scarcity for ...
•New Naira notes At yesterday’s meeting of the Federation Accounts Allocation Committee (FAAC) in Abuja, a total sum of N1.358 trillion was shared among the Federal Government, State Governments, and Local Government Councils in Nigeria. This allocation, which came from the July 2024 Federation Accounts Revenue, is aimed at promoting equ...
•Festus Keyamo The federal government has appealed to aviation unions to shelve their plans for a strike over the deduction of 50 per cent of the internal revenue of aviation agencies. In a memo dated August 14, the unions comprising the National Union of Air Transport Employees (NUATE), the Air Transport Services Senior Staff Association [&he...
A reliable source from the anti-graft agency, the Economic and Financial Crimes Commission (EFCC), has confirmed to the BBC that the agency is still detaining the Executive Chairman of the National Hajj Commission of Nigeria, (NAHCON) Jalal Arabi, alongside the secretary of the commission, Abdullahi Kontagora. The EFCC is probing how NAHCON sp...
•Presidential aircraft The federal government says legal and diplomatic efforts are ongoing to recover some seized presidential jets. The Attorney-General of the Federation (AGF), Lateef Fagbemi, stated this in a statement yesterday through his spokesman, Kamarudeen Ogundele. The AGF described as inappropriate, court orders against three presi...
•Presidential jets The presidency has broken its silence on a French Court for the seizure of three Nigerian Presidential jets. It was earlier reported how the court ordered seizure of the aircraft over a botched deal involving Ogun State government and a Chinese company, citing Financial Times. The jets listed for seizure are a Dassault [&hel...
•Nigerian banks The Bank Directors Association of Nigeria (BDAN), has termed the proposed 70 per cent windfall tax on profits generated from foreign exchange transactions by banks as not only excessive but also ill-timed. A press statement from the association after its board meeting yesterday said that while they respect the intentions of the...
•Minister of Education, Prof. Tahir Mamman The federal government, through the Federal Scholarship Board, has sent payment mandates to foreign embassies where foreign scholars under the federal government’s Bilateral Educational Agreement scholarship are schooling. The BEA scholarship is for the purpose of education exchange between Nigeria an...
•A collapsed building The federal government through the Minister of Housing and Urban Development, Arc. Ahmed Musa Dangiwa, has vowed that it will ensure the prosecution of those responsible for building collapses across the country. Dangiwa made this commitment during a review meeting of the Ministry’s Building Collapse Committee’s recommend...
•Makinde and Tinubu The Governor of Oyo State, Seyi Makinde has denied taking part in the ₦570 billion hardship grant claimed to have been given to the state governments by the federal government. President Bola Tinubu while addressing Nigerians in a broadcast during the #EndBadGovernance nationwide protests against hunger and hardship, said t...

