APC CHAIRMAN: ATIKU’S SUBSIDY PROPOSAL MAY REVERSE ECONOMIC GAINS

APC CHAIRMAN: ATIKU’S SUBSIDY PROPOSAL MAY REVERSE ECONOMIC GAINS

The National Chairman of the All Progressives Congress, APC, Professor Nentawe Yilwatda, has warned that former Vice President Atiku Abubakar’s proposal to restore fuel subsidy could worsen Nigeria’s fiscal pressures and undermine recent economic reforms. Yilwatda said a return to the subsidy regime could affect the ability of federal and state governments to sustain the new minimum wage, fund education and meet other obligations to citizens. He spoke in Abuja […]

August 31, 2026 18

NEWS

NHRC Records 268,787 Human Rights Complaints in May 2026, North Central Zone Tops List

By Toffa Momoh | Abuja The National Human Rights Commission, NHRC, has recorded 268,787 human rights complaints across Nigeria in May 2026, marking an increase from the previous month, according to its Human Rights Situation Dashboard. Mr. Hillary Ogbonna, who presented the dashboard, said the North Central zone reported the highest number of complaints nationwide. The Federal Capital Territory, Benue and Borno States topped the list of states with the […]

June 22, 2026 28

NEWS

Lagos Assembly speaker: Meranda may step down as Akande panel shortlists seven

Lagos Assembly speaker: Meranda may step down as Akande panel shortlists sevenThe speakership crisis rocking the Lagos State House of Assembly might be resolved soon as the intervention of heavyweights in the All Progressives Congress may be leading to a headway. The impeached Speaker, Mudashiru Obasa and the current Speaker, Mojisola Meranda, might be stepping aside for another lawmaker to lead the House The development follows the intervention of the […]

February 25, 2025 100

NEWS

World Bank may approve $500m loan to Nigeria today

The Board of the World Bank Group is expected to meet and decide on approving a $500m loan to Nigeria today (Friday) to boost rural access and agricultural marketing in the country, The PUNCH reports. According to information obtained from the Washington-based institution on Thursday, the loan is for the Rural Access and Agricultural Marketing Project—Scale Up. It is designed to bridge the gap between rural communities and the broader […]

December 13, 2024 117

NEWS

PDP crisis: Damagum camp, anti-Wike govs may clash today

The 13 state governors elected on the platform of the Peoples Democratic Party are headed for a possible showdown today (Monday) as they meet to discuss the party’s internal crisis, which took a deeper turn on Friday following the emergence of a factional PDP National Chairman, Alhaji Yayari Mohammed. Friday’s development marked a new twist in the clamour to remove the PDP acting National Chairman, Umar Damagum, who is an […]

October 14, 2024 41

BUSINESS

Subsidy: FG may spend N236bn monthly on imported, Dangote petrol

The Federal Government may spend about N236 billion monthly to subsidise the Premium Motor Spirit, popularly called petrol, that is imported through the Nigerian National Petroleum Company and the one that is solely off-taken by NNPC from the Dangote Petroleum Refinery. On Monday, the President and Chief Executive of Dangote Group, Alhaji Aliko Dangote, called on the Federal Government to end fuel subsidies completely. He said the removal would help […]

September 25, 2024 70

BUSINESS

Public debt stock may hit N130tn by Dec – Report

Nigeria’s public debt stock is projected to hit N130tn this year, raising concerns about the country’s debt-to-gross domestic product ratio. This was revealed in a report by Afrinvest, an investment management company, titled, ‘Bank Recapitalisation, Catalyst for a $1tn Economy, ‘ unveiled in Abuja recently. Nigeria’s public debt stock, which includes external and domestic debt, stood at N121.67tn in the first quarter of 2024, up from N97.34tn in the fourth […]

August 5, 2024 84

NEWS

Management may shut UNIBEN over protests

The Senate of the institution after a meeting, described the students action as unfortunate and said that the institution will be shut if dialogue with the student fails The Senate also expressed concerns over the blocking of the federal highway which caused hardship to vehicle owners, travellers and other commuters. The Senate’s resolution, was contained in a statement by the Public Relations Officer of the institution, Benedicta Ehanire on Wednesday […]

July 4, 2024 58

NEWS

Cholera: NCDC may declare emergency, Lagos issues safety guidelines

The Nigeria Centre for Disease Control and Prevention said, on Wednesday, it might declare an emergency on the outbreak of cholera in the country. The NCDC Director General, Dr Jide Idris, who spoke in Lagos, said the centre was monitoring the situation and might declare an emergency if data showed that the outbreak had gone beyond a manageable threshold. Olajide spoke at the Adetokunbo Alakija Memorial Travel Medicine Lecture held […]

June 20, 2024 34

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