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Minister of State for Petroleum Resources, Timipre Sylva, has said that the idea behind the Petroleum Industry Bill (PIB) signed into law by President Muhammadu Buhari is to attract investors. The minister said this on Tuesday in Abuja while responding to questions on the three per cent allocation to host communities in the PIB. Sylva said President Muhammadu Buhari would on Thursday speak extensively on the law which would help to develop the oil and gas sector. “As a country, we have a direction that we are going to. So, right now, if you talk about three per cent in…
Abubakar Malami, attorney-general of the federation and minister of justice, says stolen funds recovered from foreign countries are subject to international agreements by the parties involved. In a statement signed by Umar Gwandu, Malami’s spokesperson, on Tuesday, the minister said such recoveries are not subject to local legislation in view of multiple sovereignties involved. It would be recalled that attorneys-general of the 36 states sued the AGF over the alleged failure of the federal government to remit recovered funds into the federation account. As part of the reliefs sought, they had asked the court for “an order directing the president,…
Arewa Consultative Forum (ACF), a political and cultural group of northern leaders, has asked the federal government to prosecute repentant insurgents. Over the past weeks, the Nigerian Army had taken custody of over 100 repentant insurgents who surrendered to troops in the northeast. Some of the Boko Haram leaders who surrendered had asked Nigerians for forgiveness. But Audu Ogbe, a former minister of agriculture and chairman of the ACF, in a statement on Tuesday, said apology isn’t enough, adding that the motive of the insurgents is questionable. “We are currently witnessing large scale surrender of large numbers of Boko Haram…
Governor Aminu Masari has urged Katsina State citizens resident in areas prone to activities of bandits to acquire weapons and defend themselves. Masari noted that it is morally wrong for people to submit cheaply to the bandits without any attempt to defend themselves, according to a statement by his Media Aide, Abdu Labaran, The governor said this during his visit to Jibia town to condole with the families of 10 people that were recently crushed by operatives of the Nigerian Customs Service (NCS) through reckless driving. According to him, security is everybody’s business, pointing out that it is not the…
Tragedy struck on Tuesday at Elegbaata village, Oke Suna, Apomu, in the Isokan Local Government Area of Osun State, after seven people — a man, his wife and five children — were found dead in their apartment. It was learnt that one other member of the family, who also slept in the house, was rescued alive and taken to a hospital in Apomu, where he was receiving treatment. A resident, who spoke on condition of anonymity, said while eight people slept in the house on Monday, seven were found dead the following morning. The resident explained that people in the…
Remains of former Deputy Senate President Ibrahim Mantu have been laid to rest. His remains were buried at the Gudu Cemetery located in the nation’s capital Abuja. The brief ceremony was witnessed by some dignitaries, including the former Senate President Anyim Pius Anyim and Former Borno governorship candidate Kashim Ibrahim-Imam amongst others. Speaking to newsmen after the interment service, Ibrahim-Imam who is also the Chairman of the Board of Trustees of the Tertiary Education Trust Fund, described the late Mantu as a patriot who will be missed dearly. He prayed God to comfort his family and the people of Plateau…
More than 600 Afghan men, women and children, crouching and crammed up against each other on the floor of a U.S. military plane, left Kabul after the city was seized by Taliban insurgents. A photograph showing the Afghan civilians - some clutching luggage, others bottle-feeding infants - on the C-17 cargo aircraft has gone viral on social media. A U.S. official told Reuters about 640 people clambered onto the flight from Kabul on Sunday, when thousands of people desperate to flee the country surged to the airport in the Afghan capital. “The unusually high number of passengers was the result…
Cryptocurrency platform Poly Network was hit with a major attack last week which saw the hacker, or hackers, make off with more than $600 million worth of tokens. In a bizarre twist, the hacker has now returned most of the stolen money but is withholding more than $200 million of the funds until "everyone is ready." Poly Network promised the hacker a $500,000 bounty for the restoration of user funds, and even invited them to become its "chief security advisor." The cryptocurrency platform targeted in a massive heist is now inviting the hacker behind it to become an advisor to…
Attorneys-general of the 36 states have sued Abubakar Malami, attorney-general of the federation (AGF), over the alleged failure of government to remit recovered funds into the federation account. Amongst the reliefs being sought in the suit marked SC/cv/395/2021 and filed before the supreme court, the state attorneys-general are asking the court for “a declaration that by the provisions of Section 162(1) and Section 162(10) of the Constitution of the federal republic of Nigeria 1999 (as amended), all income, returns, proceeds or receipts howsoever described derived from confiscated, forfeited and/or recovered assets constitute revenue of the federal republic of Nigeria, which…
Nigeria Customs Service has said Premium Motor Spirit, popularly known as petrol, is being smuggled out of Nigeria in large quantities after it has been subsidised by the Federal Government. According to the border security outfit, the petroleum product is being diverted to as far as Mali. Controller-General of the NCS, Hameed Ali, decried that the Department of Petroleum Resources had approved the establishment of filling stations along the land borders, while Nigerian National Petroleum Corporation keeps supplying the commodity to the stations against Customs’ advice. Ali said the situation was responsible for the increasing volume of fuel being released…
November 27, 2024

CBN increases Interest Rate yet again

The Central Bank of Nigeria (CBN) has raised the monetary policy rate (MPR) from 27.25%…
November 26, 2024

Tinubu’s nepotism worse than Buhari’s, Senator says

Enyinnaya Abaribe, senator representing Abia South, has stated that Nigeria would have been in a…
November 24, 2024

Older adults opened up about things they ‘took for granted’ in their 20s and 30s

Last month, we wrote a post where older adults from the BuzzFeed Community shared things…
November 16, 2024

Influencer eats pig feed in extreme attempt to save money

Popular Douyin streamer Kong Yufeng recently sparked controversy in China by eating pig feed on…
November 26, 2024

Fighter jet brought to combat bandits who invaded Benue communities, killed 30, official says

At least 30 people have been killed in several communities across two Local Government Areas…
November 27, 2024

Here’s the latest as Israel-Hamas war enters Day 418

Israel-Hezbollah ceasefire, brokered by US and France, aims for permanent peace A ceasefire between Israel…
November 26, 2024

WhatsApp just introduced major new upgrade that overhauls messaging

I love WhatsApp but I’ve never been fond of voice messages, leaving them or retrieving…
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October 27, 2024

Nigeria awarded 3-0 win over Libya after airport fiasco

Nigeria have been awarded a 3-0 victory over Libya, and three vital points, from their…

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