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Bulkachuwa Denies Influencing Wife’s Judicial Decisions
Elections, Judiciary, Legislature, News, Nigeria

Bulkachuwa Denies Influencing Wife’s Judicial Decisions

Former Senator Adamu Bulkachuwa, who represented Bauchi North during the 9th Assembly, has refuted claims that he had influenced the decisions of his wife, Justice Zainab Bulkachuwa, the former President of the Court of Appeal. He specifically addressed the incident during the valedictory session in the Senate, where he alleged that he used his position to seek favors for his colleagues from his wife but was interrupted by the former Senate President, Ahmed Lawan. In an interview with the BBC Hausa Service on Sunday, Senator Bulkachuwa clarified that his words were misrepresented and that he was not given the opportunity to fully express his thoughts. He explained that he had only just begun his remarks during the valedictory session when he was cut off. He had intended to thank his wi...
APC, INEC Objects to Court Admiting Tinubu’s BioData
Nigeria

APC, INEC Objects to Court Admiting Tinubu’s BioData

In a crucial development in the ongoing presidential election petition case, the Independent National Electoral Commission (INEC) submitted personal information provided by President Bola Tinubu to the Presidential Election Petition Court on Thursday. This move comes as part of the court's subpoena issued to the Chairman of INEC, Yakubu Mahmoud. The People's Democratic Party (PDP) and its presidential candidate, Atiku Abubakar, have contested the victory of Bola Tinubu, the candidate from the All Progressives Congress, in the presidential election held on February 25. Seeking to prove the invalidity of Tinubu's election, the PDP disclosed on Tuesday that they had subpoenaed the INEC chairman to produce specific documents before the court. During the proceedings, Chris Uche (SAN), th...
Why I Lost the Senate Presidency – Yari
Elections, Legislature, News, Nigeria

Why I Lost the Senate Presidency – Yari

In a surprising turn of events, former Zamfara State governor, Senator Abdulaziz Yari, has come forward to accuse fellow senators of betraying him in the race for the Senate Presidency seat. The All Progressives Congress (APC), Yari's political party, had initially chosen Godswill Akpabio from Akwa Ibom as their preferred candidate for the prestigious position. During the inauguration of the 10th National Assembly on Tuesday, Godswill Akpabio emerged victorious and was sworn in as the Senate President. Akpabio secured an impressive 63 votes, while Yari, unfortunately, fell short with only 46 votes. Expressing his disappointment, Yari revealed that he had high hopes of securing at least 61 out of the total 109 votes, which would have secured his victory as the Senate President. The f...
Abdulkarim Chukkol Becomes Acting Chairman of EFCC
Law Enforcement, News, Nigeria

Abdulkarim Chukkol Becomes Acting Chairman of EFCC

In a recent development following the suspension of Mr. Abdulrasheed Bawa, the Executive Chairman of the Economic and Financial Crimes Commission (EFCC) by the Federal Government on Tuesday, June 14, 2023, Mr. Abdulkarim Chukkol has been appointed as the Acting Chairman of the Commission. Prior to assuming this new role, Mr. Chukkol served as the Director of Operations at the EFCC. With an impressive background, he is a pioneer staff of the Commission and a distinguished member of the EFCC Cadet Course One. Known for his expertise in cybercrime and money laundering investigations, Mr. Chukkol brings a wealth of experience to his new position. Throughout his career at the EFCC, Mr. Chukkol has held significant command appointments within the organization. From 2011 to 2016, he served...
Breaking News: EFCC Boss, Bawa, Suspended by Tinubu
Breaking News, Corruption, Economy, Justice, Law Enforcement, News, Nigeria

Breaking News: EFCC Boss, Bawa, Suspended by Tinubu

President Bola Ahmed Tinubu has taken the decision to indefinitely suspend AbdulRasheed Bawa, the Chairman of the Economic and Financial Crimes Commission (EFCC), from his position. The suspension comes as a result of serious allegations of abuse of office that have been leveled against Bawa. The President has deemed it necessary to initiate a thorough investigation into the conduct of the Chairman during his tenure. In an official statement released on Wednesday by Willie Bassey, the Director of Information at the Office of the Secretary to the Government of the Federation, the decision to suspend Bawa was announced. The statement clarified that the suspension was implemented to allow for an unbiased investigation into the allegations brought against him. As part of the suspension ...
CBN Grants Banks Authority to Trade Foreign Exchange Freely
Economy, Finance, News, Nigeria, Trade

CBN Grants Banks Authority to Trade Foreign Exchange Freely

In a significant development, the Central Bank of Nigeria (CBN) has issued authorization to commercial banks, allowing them to engage in the unrestricted trading of foreign exchange at market-determined rates. This move effectively empowers banks to sell forex based on prevailing market rates, marking a departure from the previous tightly controlled exchange rate system. Notably, some banks have already set the USD to Naira rate within the range of N699 to N750, indicating that Nigeria is transitioning towards a freely floating exchange rate regime, aligning with President Bola Ahmed Tinubu's commitment to unifying the country's exchange rates. In response to this development, Dr. Andrew Nevin, the Advisory Partner & Chief Economist of PricewaterhouseCoopers (PwC), shared his in...
Breaking: CBN Governor, Emefiele Suspended by President Tinubu
Breaking News, Corruption, Economy, Justice, News, Nigeria

Breaking: CBN Governor, Emefiele Suspended by President Tinubu

President Bola Ahmed Tinubu has suspended the Central Bank Governor, Mr Godwin Emefiele, CFR, from office with immediate effect. This decision was made in light of the ongoing investigation of his office and the planned reforms in the financial sector of the economy. The suspension of the Central Bank Governor has caused widespread concern and criticism. The President does not have the power to suspend the Central Bank Governor. The power to remove the CBN Governor is vested in the President and the Senate jointly, as stated in Section 11(2) of the Central Bank of Nigeria Act, 2007. Mr Emefiele has been directed to immediately hand over the affairs of his office to the Deputy Governor (Operations Directorate), Mr. Folashodun Adebisi Shonubi, who will act as the Central Bank Governor...
Inspector-General of Police Orders Effective Deployment to Prevent Hijacking of Strike and Protests
Nigeria

Inspector-General of Police Orders Effective Deployment to Prevent Hijacking of Strike and Protests

Police Unit Commanders Directed to Maintain Law and Order Amidst Fuel Subsidy Controversy In anticipation of the planned strike and protests, the Inspector-General of Police, Usman Baba, held a meeting with various police unit commanders in Abuja on Tuesday. During the meeting, he issued orders to ensure effective deployments across the country, aiming to prevent any breakdown of law and order and the potential hijacking of the demonstrations by hoodlums. Inspector-General Alkali-Baba emphasized the need for proactive measures to maintain peace and stability amidst prevailing and projected threats. He specifically highlighted the emerging threat of industrial strike action following the fuel subsidy removal, as well as the importance of maintaining order as the country prepares to...
Strike: Oil Marketers and Transporters Oppose NLC, Emphasize Need to End Fuel Subsidy
Nigeria

Strike: Oil Marketers and Transporters Oppose NLC, Emphasize Need to End Fuel Subsidy

Stakeholders Highlight the Economic Implications and Urge Dialogue for a Lasting Solution As the Nigerian Labour Congress (NLC) prepares for a nationwide strike, major players in the oil and transportation sectors, including the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN), National Association of Road Transport Owners (NARTO), and Major Oil Marketers Association of Nigeria, have expressed their opposition to the strike. They stressed the urgent need to end the fuel subsidy regime and highlighted the enormous debt owed to the Nigerian National Petroleum Company Limited (NNPCL). Members of these associations argued that the over N13 trillion spent by the Federal Government on fuel subsidy could have been allocated to the development of other critical se...
Nationwide Strike: Some State Chapters Support NLC
Nigeria

Nationwide Strike: Some State Chapters Support NLC

Kwara State Reduces Work Hours Petrol Marketers and Transporters Disassociate Themselves from the Strike Action As the planned nationwide strike over the removal of fuel subsidy approaches, the Ogun and Sokoto chapters of the Nigeria Labour Congress (NLC) have pledged their support for the industrial action. In a similar vein, the Kwara State government has implemented temporary measures to alleviate the burden on workers. However, petrol marketers and transporters have distanced themselves from the impending strike. Hammed Ademola, the Chairman of the NLC in Ogun State, confirmed that workers in the state had been mobilized in preparation for the strike. Similarly, Abdullahi Jungle, the NLC Chairman in Sokoto State, affirmed that workers in the state would join the industrial ...