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Sunday, 23 March 2025 04:50

FAAC: FG, states, LGs share N1.67trn for February 2025

The Federation Account Allocation Committee (FAAC) distributed N1.67 trillion to Nigeria's three tiers of government in February, representing a 1.49% decrease from January's allocation. According to Bawa Mokwa, Director of Press and Public Relations at the Office of the Accountant-General of the Federation, the February distribution was sourced from: - Statutory revenue: N827.63 billion - Value-Added Tax (VAT): N609.43 billion - Electronic Money Transfer Levy (EMTL): N35.17 billion - Solid minerals revenue: N28.21 billion - Augmentation: N178 billion From the total gross revenue of N2.34 trillion available in February, deductions included N89.092 billion for collection costs and N577.097 billion for…

Sunday, 23 March 2025 04:44

Ibadan airport shut down for major upgrades

The Federal Airports Authority of Nigeria (FAAN) has announced the temporary closure of Samuel Ladoke Akintola Airport in Ibadan to allow for significant upgrade works. This move is part of the Oyo State government’s initiative to transform the airport from a domestic facility into an international gateway. The Nigerian Airspace Management Agency (NAMA) has officially shut down the airport’s runway, a decision that complies with the International Civil Aviation Organisation (ICAO) regulations. FAAN stated that the upgrades are aimed at meeting global aviation standards, ensuring enhanced safety and convenience for passengers and airport personnel in the long term. Obiageli Orah,…

Friday, 21 March 2025 04:23

NASS approves Rivers Emergency Rule via voice vote, ignoring constitutional two-thirds majority requirement

In a move that has sparked widespread criticism and raised questions about democratic processes, both chambers of Nigeria’s National Assembly approved President Bola Tinubu’s declaration of a six-month state of emergency in Rivers State through voice votes, bypassing the constitutional requirement of a two-thirds majority. The decision has fueled accusations that the National Assembly is acting as a rubber stamp for the executive, with many Nigerians expressing outrage over the lack of transparency and adherence to constitutional provisions. Constitutional Breach and Lack of Transparency Section 305(6)(b) of the Nigerian Constitution mandates that a state of emergency declared by the president…

Thursday, 20 March 2025 04:36

Angry residents shut Governor’s office after bandits killed another set of farmers in Ondo

Bandits suspected to be armed herders have struck again in Ondo State following the fresh killing of five more farmers. The farmers were killed in the early hours of Wednesday after the armed herders invaded a farming settlement in Aba Oyinbo, Akure North Local Council Area of the state. The latest killing comes about two weeks after over 20 farmers were murdered during a midnight invasion of four communities in Ala Elefosan. Meanwhile, residents of the state, angered by the development, stormed the Governor’s Office, lamenting the government’s inability to stop the incessant attacks and killings. The protesters, who shut…

Wednesday, 19 March 2025 07:44

NewsScroll analysis: Section 305 of the 1999 Constitution and the (il)legality of Tinubu’s actions in Rivers State

President Bola Tinubu’s declaration of a state of emergency in Rivers State and the subsequent suspension of Governor Siminalayi Fubara, his deputy, and members of the Rivers State House of Assembly have sparked a heated debate about the constitutionality of his actions. The president cited Section 305 of the 1999 Constitution of Nigeria (as amended) as the legal basis for his decision. To determine whether his actions were constitutional, it is necessary to analyze Section 305 and other relevant provisions of the Constitution. Section 305 of the 1999 Constitution: State of Emergency Provisions Section 305 outlines the conditions under which…

Wednesday, 19 March 2025 04:13

Nigeria’s economy faces dire consequences as explosions rupture two major oil pipelines in Rivers

Rivers State, already embroiled in a deepening political crisis, faced further turmoil this week as two separate explosions rocked oil facilities in the state, raising concerns about the security of critical infrastructure and the potential economic fallout. The incidents come amid a bitter feud between Governor Siminalayi Fubara and his predecessor, Nyesom Wike, the current Minister of the Federal Capital Territory (FCT), which has plunged the state into political instability. First Explosion: Trans-Niger Pipeline Blown Up On Monday night, an explosion struck the Trans-Niger pipeline near the Bodo-Bonny Road in Gokana Local Government Area, a key route for exporting Nigerian…

Tuesday, 18 March 2025 05:02

After Lagos-Calabar highway, FG awards $1.1bn Lagos ports renovation contract to Chagoury Group

The federal government has awarded a contract for the renovation of two major Lagos ports — Tin Can and Apapa — to Chagoury Group, TheCable understands. Chagoury Group is a multinational conglomerate led by Gilbert Chagoury, a Lebanese-Nigerian billionaire. Sources close to the conversation said the federal executive council (FEC) approved the contract in February. “Yes, the award was given to Chagoury Group after it followed due process,” a source said, responding to TheCable’s enquiry. “FEC gave the approval sometime in February and the agency in charge, that is the Nigerian Ports Authority (NPA), will make the announcement soon.” The…

Tuesday, 18 March 2025 04:45

Nigeria's inflation rate dropped to 23.18% in February - NBS

Nigeria's inflation rate has dropped to 23.18% in February 2025, down from 24.48% in January, according to data released by the National Bureau of Statistics (NBS) on Monday. This marks the second consecutive month of decline following the recent overhaul of the country's Consumer Price Index (CPI). The February figure represents a significant 8.52% decrease compared to the 31.70% recorded in February 2024. On a month-on-month basis, headline inflation stood at 2.04% in February. Food Inflation Also Declines Food inflation, a key driver of the headline rate, eased to 23.51% year-on-year in February, down from 26.08% in January. This figure…

Tuesday, 18 March 2025 04:44

NYSC officials absent as Sowore, others escort corps member who criticized Tinubu to Lagos office

The Local Government Inspector (LGI) of National Youth Service Corps (NYSC) office in Eti-Osa, Lagos, Mrs Veronica Abella was absent yesterday when Ushie Rita Uguamaye, a corps member, who used her TikTok handle to express frustration over the deteriorating economic conditions in Nigeria, honoured her invitation. Uguamaye got a message from the NYSC Local Government Inspector (LGI), instructing her to report to the Eti Osa 3 local government office by 10:00a.m. on Monday without fail. However, human rights activist, Omoyele Sowore, alongside lawyers – Festus Ogun, Adeyinka Oyesomi and Ojienoh Justice accompanied her to the LGI office in Eti-Osa, Lagos…

Monday, 17 March 2025 04:37

26,000 children imprisoned annually in Nigeria, UNICEF reports

Stakeholders, including the National Judicial Council (NJC), UNICEF, and the Legal Aid Council of Nigeria, have called for urgent reforms to prioritize the rehabilitation and reintegration of young offenders over their imprisonment in correctional facilities. This appeal was made during the second public hearing of the Independent Investigative Panel on allegations of corruption, abuse of power, and inhumane treatment within the Nigerian Correctional Service (NCoS), held on Friday in Abuja. UNICEF representative Nkiru Maduechesi revealed alarming statistics, stating that an average of 26,000 children and young persons under the age of 21 are placed in correctional facilities annually, with 74%…

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Monday, 17 March 2025 04:35

Military personnel invade another electricity company in Lagos

The Eko Electricity Distribution Company (EKEDC) has reported that soldiers entered their substation and took two staff members into custody early Friday morning, allegedly due to power supply concerns. Speaking to TheCable on Sunday, Babatunde Lasaki, EKEDC's general manager of corporate communications and strategy, confirmed that military personnel from the 15th Field Engineer Regiment, Topo Barracks, Badagry forcibly accessed the substation premises around 1:00 AM on March 14th. According to Lasaki, the soldiers detained both a distribution substation operator and a security guard who were on duty. The staff reportedly sustained injuries after being physically assaulted, though they were released…

Sunday, 16 March 2025 04:32

Trump orders major military strikes against Yemen’s Houthis, at least 24 killed

President Donald Trump launched large-scale airstrikes against Yemen’s Iran-backed Houthi rebels on Saturday, vowing to put an end to their attacks on international shipping in the Red Sea. The strikes, which killed at least 24 people, mark the most significant U.S. military operation in the Middle East since Trump took office in January. In a fiery Truth Social post, Trump declared that he had “ordered the United States Military to launch decisive and powerful Military action against the Houthi terrorists in Yemen,” calling them a threat to American and global security. “They have waged an unrelenting campaign of piracy, violence,…

Saturday, 15 March 2025 04:10

US Congress approves sanctions on Nigeria over killings of Christians; Presidency rejects claims

The United States Congress has authorized President Donald Trump to impose severe sanctions on Nigeria following alarming reports that the country accounts for 90 percent of Christians killed globally each year. The decision, announced by Chris Smith, Chairman of the U.S. House Foreign Affairs Subcommittee on Africa, came after a congressional hearing on the persecution of Christians in Nigeria. The hearing featured testimonies, including that of Bishop Wilfred Anagbe of Makurdi, who described militant Fulani herdsmen as terrorists operating with impunity. Smith criticized the Nigerian government for failing to protect Christians, citing a report by the Observatory for Religious Freedom…

Thursday, 13 March 2025 04:46

Nigeria's oil production declined in February 2025, OPEC data shows

Nigeria's crude oil production decreased to 1.46 million barrels per day (bpd) in February, according to the latest monthly market report from the Organization of Petroleum Exporting Countries (OPEC). The figures, based on direct communication with Nigerian authorities, represent a 4.8% decline from January's output of 1.53 million bpd, marking the first month-on-month decrease of the year. Interestingly, secondary sources cited by OPEC painted a different picture, reporting Nigeria's February production at 1.56 million bpd—a 2.2% increase from January's 1.52 million bpd. OPEC collects production data through both direct communication with member countries and secondary sources such as energy intelligence…

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