Some labour leaders say there is a need for all stakeholders in the sector, including the government, to analyse the issue of fuel subsidy removal mentioned by the new President, Bola Tinubu, in his inaugural speech. Tinubu, on taking office on Monday, said that the budget in place before his coming on board made no provision for fuel subsidy, and so it was gone. The President commended the decision of the Buhari administration in phasing out the petrol subsidy regime, saying it had increasingly favoured the rich more than the poor. “Subsidy can no longer justify its ever-increasing costs in…

Former President Muhammadu Buhari has handed over the reins of power to fellow party man Bola Tinubu of the All Progressives Congress (APC), leaving charge with a legacy very different to the one voters had hoped for when they elected him eight years ago. His 2015 victory over Goodluck Jonathan, the first defeat of an incumbent president in Nigerian history, was his second time in power after an August 1985 palace coup ended his 18-month stint as military ruler. Success at the polls came after three consecutive failed attempts by Buhari to return to the presidency as the electorate turned…

Raymond Dokpesi, the founder of DAAR Communications, died on Monday after a fall while using a treadmill machine, a statement by DAAR Communications has said. The statement, issued on Monday and signed by the Group Managing Director of DAAR Communications, Tony Akiotu, stated that Dokpesi was recovering from an undisclosed illness and had to do routine exercises as part of recuperation. Akiotu stated that the media mogul was ill for some weeks before the fall that claimed his life adding that Dokpesi was using the machine to exercise before the tragic event happened. “The board and management of DAAR Communications…

Bola Tinubu will be sworn in as Nigeria's president on today under the cloud of a disputed election and pressure to quickly improve economic and security conditions, which many complain worsened under his predecessor Muhammadu Buhari. Two of Tinubu's main opponents in the February election are challenging his victory on the basis of fraud claims, and a tribunal will on Tuesday start hearing their main arguments. A ruling is not expected before September. Buhari, a taciturn former military ruler, leaves Africa's biggest economy and most populous nation deeply divided. The election had galvanised young voters hoping for a break from…