Africa

Expect Two More Weeks of Fuel Scarcity – IPMAN
Nigeria

Expect Two More Weeks of Fuel Scarcity – IPMAN

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has projected that the ongoing petrol scarcity, which is spreading to more states across the country, will take at least two weeks to normalize. Meanwhile, the Nigerian National Petroleum Company Limited (NNPCL) has assured the public that it possesses adequate stock of the product. According to Chinedu Ukadike, the Public Relations Officer of IPMAN, the scarcity is primarily due to importation bottlenecks, slow pace of marketers' license renewal by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), and maintenance activities at European refineries. He noted that only a fraction of marketers have had their licenses renewed by NMDPRA, leading to a disruption in the supply chain. Ukadike exp...
Tinubu Can’t Move Nigeria Forward – Suswam
Economy, Interview, News, Nigeria

Tinubu Can’t Move Nigeria Forward – Suswam

Former Governor of Benue State and Senator representing Benue North-East Senatorial District in the 9th National Assembly, Gabriel Suswam, has launched scathing criticism against the leadership of President Bola Tinubu, claiming it lacks the capacity to improve Nigeria's economic fortunes. In an interview on Channels Television's Newsnight program, Suswam articulated his views on the current economic state of the nation and his assessment of the Tinubu-led administration's policies. Suswam commenced by reflecting on the administration of former President Muhammadu Buhari, opining that the "Change" mantra adopted during Buhari's tenure did not deliver the anticipated positive outcomes. He argued that the economic policies implemented during those eight years laid the groundwork for the ...
Bobrisky Sentenced to Six Months in Jail for Naira Abuse
Economy, Judiciary, Lagos News, News, Nigeria

Bobrisky Sentenced to Six Months in Jail for Naira Abuse

Popular social media influencer and cross-dresser, Idris Okuneye, famously known as Bobrisky, has been sentenced to six months in custody for the abuse of the Nigerian currency, the naira. The verdict was delivered by Justice Abimbola Awogboro of the Federal High Court in Lagos. Bobrisky's legal troubles began when he was charged by the Economic and Financial Crimes Commission (EFCC) with multiple counts of naira abuse and money laundering. The charges stemmed from incidents where Bobrisky was seen spraying and flaunting wads of new naira notes at various social events. During the trial, Bobrisky pleaded guilty to the charges, admitting to tampering with large sums of Nigerian currency during social gatherings. The judge, after convicting him, emphasized that the sentence was intend...
Potential Implications of Seizing Domiciliary Accounts in Nigeria: Insights from a Financial Expert
Economy, Finance, News, Nigeria

Potential Implications of Seizing Domiciliary Accounts in Nigeria: Insights from a Financial Expert

As rumors swirl regarding the Nigerian government's purported intentions to seize funds held in domiciliary accounts across the nation, financial expert Kalu Ajah has stepped forward, via a post on X, to offer a comprehensive analysis of the potential ramifications. Drawing parallels with historical events and providing detailed insights into the operational dynamics of domiciliary accounts, Ajah's assessment sheds light on the risks and consequences associated with such actions. The Pakistani Example Ajah begins by invoking a significant episode from Pakistan's economic history, where the government initiated an emergency freeze on all foreign currency accounts (FCA) in May 1998. This drastic measure, aimed at safeguarding the economy, had far-reaching repercussions. "The primary i...
Defense HQ to Meet CAN Chairman over Allegations of the Military Aiding Plateau Killings
Nigeria

Defense HQ to Meet CAN Chairman over Allegations of the Military Aiding Plateau Killings

In the wake of escalating violence in Plateau State, Nigeria, the Defence Headquarters has announced its intention to meet with Reverend Timothy Daluk, Chairman of the Christian Association of Nigeria in Mangu Local Government Area. This development follows Rev. Daluk's public allegations, disseminated through a widely-shared video, accusing the Nigerian military of playing a role in the displacement of Christians and the destruction of their properties. Rev. Daluk's claims, specifically pointing to the military's involvement in forcing Christians out of the new market area in Mangu and subsequently leaving their homes exposed to arson attacks, have added a new dimension to the ongoing crisis in Plateau State. These allegations have prompted Major General Edward Buba, the Director of D...
Tragic Massacre in Kwahaslalek Village, Plateau State: Over 30 Lives Lost
Armed Forces, Fulani Herdsmen, Justice, News, Nigeria, Safety, Security, Terrorism

Tragic Massacre in Kwahaslalek Village, Plateau State: Over 30 Lives Lost

In a horrific turn of events, Kwahaslalek village in the Mangu Local Government Area of Plateau State became the scene of a brutal massacre in the early hours of Wednesday. Gunmen attacked the village, resulting in the tragic loss of at least 30 lives, many of whom were women and children. Details of the Attack The incident occurred following unrest in Mangu town earlier on Tuesday. Fearing for their safety, many villagers, predominantly women and children, sought refuge in the house of a community leader. Tragically, it was here that the gunmen surrounded and executed them. Community Leader's Confirmation Mark Haruna, a community leader in the area, confirmed the devastating death toll in a statement to PUNCH Online from Jos, the state capital. Haruna described the previous d...
Military Complicit in Killings of Christians in Plateau State, Nigeria
Armed Forces, Fulani Herdsmen, Justice, Law Enforcement, News, Nigeria, Religion, Security, Terrorism

Military Complicit in Killings of Christians in Plateau State, Nigeria

In a deeply troubling development from the Mangu Local Government Area of Plateau State, Reverend Timothy Daluk, the chairman of the Christian Association of Nigeria (CAN), has leveled grave accusations against the Nigerian military. In a video circulated on social media platforms, Rev. Daluk alleges that the military is facilitating the killings of Christians in the region, leading to a tragic escalation of violence and property destruction. Accusations of Military Involvement Rev. Daluk passionately reports from the heart of the conflict in Mangu, asserting that the military is actively displacing Christian residents to pave the way for militia-led arson attacks. According to him, the military's imposition of a curfew is discriminatorily enforced, constraining Christian movements ...
Opinion: Debt and Waste as Economic Policy – Peter Obi
Economy, News, Nigeria

Opinion: Debt and Waste as Economic Policy – Peter Obi

Barely 26 days to the end of its eight-year tenure, the Buhari administration got the Senate to approve a N22.7 trillion Ways and Means borrowing from the CBN. In seven years, CBN lending to the Buhari government had climbed 2700% in flagrant violation of the CBN Act. Indifferent to the illegality of the excessive ways and means borrowing, the National Assembly still approved the new Tinubu administration’s request for an N7.3 trn securitization of the existing ways and means facility just before considering the 2024 budget proposals. On the 30th of December 2023, the last working day of the year 2023, shockingly the President requested the National Assembly to approve the securitization of N7.3 trillion being the outstanding debt owed to the Central Bank of Nigeria (CBN) by ...
The Rule of Law and the Credibility of Leadership
Elections, News, Nigeria

The Rule of Law and the Credibility of Leadership

Still on the identity crisis and controversies that have continued to haunt the Nigerian citadel of power since the February 25, 2023 presidential elections. There is this saying: "IT IS NOT TITLES THAT HONOUR MEN, BUT MEN THAT HONOUR TITLES." The lofty titles that decorate people in power have little meaning if there is a hollowness and falsehood underneath them. Such titles which adorn those in public office mean nothing if they are not original and are fake if those who bear them have no honour to support the weight of the titles they carry. In situations where there is public doubt as to the veracity and authenticity of these titles and the claims behind them, it is the judiciary's role, when called upon, to uphold the honour of the titles through transparent rulings. Only th...
Tinubu’s Certificate Forgery: My Focus is on the Supreme Court, Obi to Atiku
Corruption, Elections, Judiciary, Justice, News, Nigeria

Tinubu’s Certificate Forgery: My Focus is on the Supreme Court, Obi to Atiku

Presidential candidate Peter Obi of the Labour Party has responded to an appeal by his People's Democratic Party (PDP) counterpart, Atiku Abubakar, to join the legal battle challenging President Bola Tinubu's certificate forgery case. In a statement released on Thursday and signed by the National Publicity Secretary of the Labour Party, Obiora Ifoh, Obi stated that he is currently focused on reclaiming his allegedly stolen mandate at the Supreme Court. See Also: No Deal Between Obi, Atiku – Labour Party Campaign Office The statement emphasized that Obi has been committed to pursuing justice and ensuring a just nation where integrity and honor are upheld as core values. He has consistently advocated for leaders to serve as role models and live lives worthy of emulation. As part of th...