Julius Jegede

    PDP to APC: Come clean with Nigerians about fuel subsidy

PDP to APC: Come clean with Nigerians about fuel subsidy

The Peoples Democratic Party (PDP) has asked the All Progressives Congress (APC) to tell Nigerians the truth about the payment of the "so-called" fuel subsidy. The opposition party's charge is coming days after Vice-President Yemi Osinbajo said the Nigerian National Petroleum Commission (NNPC) bears the cost of fuel subsidy and not the federal government. In a statement signed by its spokesman, Kola Ologbodiyan, the [...]

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ASUU: It’s shameful Buhari cannot fix refineries

The Academic Staff Union of Universities (ASUU) has slammed President Muhammadu Buhari over his inability to fix any of the four refineries in the country. The union said it is shameful that the president, halfway into his tenure, is still battling with issues of subsidy and scarcity of petroleum products for domestic consumption. Deji Omole, chairman of its University of Ibadan chapter, [...]

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    Kwara residents hit the streets for hijab-wearing law graduate

Kwara residents hit the streets for hijab-wearing law graduate

People in their hundreds trooped out to the streets of Ilorin, Kwara state capital, on Monday to demand justice for Amasa Firdaus, a female law graduate who was not called to for refusing to remove her hijab. The protesters began their procession from Challenge junction to Ahmadu Bello Way, Umaru Audi Road, Tanke and ended at Tanke Oke-Odo. Wielding various placards, they [...]

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    Gunmen break into Maina’s Kaduna residence

Gunmen break into Maina’s Kaduna residence

Some gunmen broke into the Kaduna residence of Abdulrasheed Maina, former chairman of the Presidential Pension Reform Task Team, on Sunday. Armed with sophisticated weapons, the attackers reportedly stormed the house located in the Kawu area of the state, demanding the whereabouts of the Maina and his mother. The men, who were said to be in military uniforms, were said to have ransacked the [...]

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    ‘Thanks for your patience’ — Buhari breaks silence on fuel scarcity

‘Thanks for your patience’ — Buhari breaks silence on fuel scarcity

For the first time in over two weeks, President Muhammadu Buhari has spoken directly concerning the fuel scarcity in the country. Expressing regrets over the situation, the president thanked Nigerians for their patience. He said he had received assurances from the Nigerian National Petroleum Corporation that the crisis would be resolved. Buhari spoke in a statement issued on Sunday. “The fuel scarcity being experienced [...]

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MAKARFI: Why Southwest lost PDP Chairmship

MAKARFI: Why Southwest lost PDP Chairmanship As dusts raised by the recently concluded December 9th National Convention of Peoples Democratic Party, PDP in Abuja are yet to rest, immediate past national acting caretaker chairman of the party Senator Ahmed Makarfi has opened up details of how the Southwest lost position of the chairmanship. Makarfi also denied reports that Prof. Tunde Adeniran, one [...]

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No Plan to Increase Price of Petrol, says SGF

No Plan to increase Petrol Price, says SGF Secretary to the Government of Federation Mr Boss Mustapha says government is not thinking of increasing pump prices of petroleum products, especially the Premium Motor Spirit, PMS. Mustapha was reacting to speculations that plans were underway by the Buhari-led administration to introduce a new price regime for petroleum products as Nigerians usher in a [...]

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    Dangote to inject $41m into Liberia’s cement industry

Dangote to inject $41m into Liberia’s cement industry

Dangote Group has secured approval from Liberian authorities to invest $41 million into the nation’s cement industry. The approval followed a unanimous passage of a document on investment incentive agreement (IIA) between Liberia’s senate and Dangote Cement Liberia Limited. "The senate joint committee is of the opinion that the Dangote Cement Liberia Limited is able to perform in good faith the terms [...]

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Falana gives condition to FCT Minister to withdraw N100m suit

Falana gives FCT Minister conditions to withdraw N100m suit Lagos lawyer and human rights activist Mr Femi Falana (SAN) has spelt out conditions that will make him discontinue his ongoing law suit against the Minister of FCT Mr Muhammad Musa Bello. Falana said his medical bill at the National Hospital, Abuja totaling over two hundred million naira (N2000,000) must be immediately refunded [...]

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    PDP: Buhari should appoint a competent petroleum minister if he cannot perform

PDP: Buhari should appoint a competent petroleum minister if he cannot perform

The Peoples Democratic Party (PDP) has asked President Muhammadu Buhari to relinquish his position as minister of petroleum if he cannot rise up to the responsibilities of the office. The party said this in reaction to the fuel scarcity across the nation. In a statement by Kola Ologbondiyan, the opposition party asked the president to stop sitting in “his comfort zone” while blaming oil [...]

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N68B FRAUD: Jonathan’s Campaign Manager to spend Xmas in EFCC net

Indications have emerged that the Anti-graft Economic and Financial Crimes Commission, EFCC keeping a manager of the former President Goodluck Jonathan’s campaign will continue with her interrogations till after Christmas holidays. A source in the agency who picked up the suspect on Monday for questioning over alleged fraud totaling N68 billion said interrogators are daily stumbling on new facts concerning her [...]

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    Ojudu says Atiku is playing his last political card

Ojudu says Atiku is playing his last political card

Babafemi Ojudu, special adviser to the president on political matters, says former Vice-President Atiku Abubakar is playing his last political card. Ojudu said this when he appeared on Sunrise Daily, a Channels Television programme. Describing the former vice-president as a serial defector, he accused Abubakar of being desperate with his presidential ambition. Abubakar had defected to the Peoples Democratic Party (PDP) after accusing [...]

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    PDP: Buhari wants to be the sole candidate in 2019

PDP: Buhari wants to be the sole candidate in 2019

The Peoples Democratic Party (PDP) has alleged that President Muhammadu Buhari is planning to be the sole candidate in 2019. Although there are indications that Buhari may seek reelection, the president is yet to make a clear statement on 2019. Kola Ologbondiyan, spokesman of the opposition party, made the allegation at a press conference in Abuja. He said the ruling All Progressives Congress [...]

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    I have no link with Fresh PDP, says Adeniran

I have no link with Fresh PDP, says Adeniran

Tunde Adeniran, one of the aggrieved chairmanship aspirants at the Peoples Democratic Party (PDP),  says he has no hands in the crisis rocking the party. Adeniran, who stormed out of the convention venue in anger, said this in reaction to the formation of the factional group known as 'Fresh PDP'. Fresh PDP is led by Emmanuel Nwosu. “Aggrieved members of PDP have the right [...]

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Customs makes Seizures worth N11.2billion in 2017

Nigeria Customs Service (NCS) says it has made seizure of various categories of goods worth N11.2 billion in Duty Paid Value (DPV) during the year 2017. The seizures which cover a period of January to November 2017 account for a total of 3,870 goods intercepted at various border posts across the country. According to the NCS Spokesman Joseph Attah, the figures were [...]

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Cross Rivers’ N1.3 trillion Budget, a Caricature, says IPAC

The Inter-Party Advisory Council, IPAC has described the Cross Rivers State 2018 budget of N1.3 trillion as a caricature of budgetary process haphazardly carried out by the state governor, Mr Ben Ayade. IPAC in a statement in Abuja urged Ayade to immediately withdraw the document having tagged it “childish” and a “Budget of Kinetic Caricature” due to its alleged unrealistic nature. Mr [...]

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Exchange Rates

March 25, 2019USDGBPEUR
INTERBANK306397354
LAGOS380478402
KANO375477498
PH380478498
ABUJA375476400
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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