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Sunday, 30 March 2025 04:54

Myanmar earthquake death toll passes 1,600

Myanmar's military rulers let in hundreds of foreign rescue personnel on Saturday after an earthquake killed more than 1,600 people, the deadliest natural disaster to hit the impoverished, war-torn country in years. Friday's 7.7 magnitude quake, among the biggest to jolt the Southeast Asian nation in the last century, crippled airports, bridges and highways amid a civil war that has wrecked the economy and displaced millions. The death toll in Myanmar climbed to 1,644, the military government said on Saturday, according to BBC Burmese news service. In neighbouring Thailand, where the quake rattled buildings and brought down a skyscraper under…

Saturday, 29 March 2025 04:55

‘Not our mother!’ – Presidency in damage control after student protest against Tinubu's wife

A Nigerian nursing college's attempt to punish a student for viral anti-government chants has backfired, exposing the rising unpopularity of President Bola Tinubu's administration amid worsening economic conditions that are hitting students and poor Nigerians hardest. The Viral Protest That Embarrassed the Government During First Lady Remi Tinubu's visit to Delta College of Nursing Sciences on March 25, students defiantly rejected a ceremonial song proclaiming her as their "mother." A lead singer began: "Na our mama be dis-oo, we no get anoda one" (This is our mother, we have no other). But instead of echoing the praise, the students chanted…

Saturday, 29 March 2025 04:53

‘Billion-dollar survey that should have cost $10k’ - Musk and his DOGE team expose fresh mind boggling waste, fraud in US govt

In an exclusive interview with Fox News’ Special Report, Department of Government Efficiency (DOGE) head Elon Musk and his team pulled back the curtain on their mission to slash federal waste—revealing shocking examples of mismanagement, including a nearly $1 billion government survey that could have instead provided free homes for 4,000 homeless veterans. Musk, alongside DOGE members Steve Davis, Joe Gebbia, Aram Moghaddassi, Brad Smith, Anthony Armstrong, Tom Krause, and Tyler Hassen, detailed their aggressive cost-cutting efforts, which have already saved taxpayers $130 billion — roughly $807.45 per taxpayer — since the department’s launch. "The government is not efficient, and…

Friday, 28 March 2025 04:10

FG raises N1.94tn from bond markets in Q1 2025

The Federal Government of Nigeria raised N1.94 trillion from bond investors in the first quarter of 2025, according to an analysis of Debt Management Office (DMO) auction results. This amount was significantly lower than the N2.52 trillion raised in the same period last year, reflecting a more measured borrowing approach. The government initially planned to offer N1.10 trillion in bonds but ultimately allotted N1.94 trillion due to strong investor demand. Total subscriptions reached N2.83 trillion, with more than 70 percent of bids accepted. Monthly Breakdown: - January 2025: Offered N450 billion, with bids totaling N669.94 billion - February 2025: Offered…

Thursday, 27 March 2025 04:41

Nigeria Customs announces two-year tariff exemption for pharmaceutical raw materials

The Nigeria Customs Service (NCS) has announced a two-year exemption from import duty and Value Added Tax (VAT) for critical raw materials used in pharmaceutical production, as part of a presidential initiative to boost local healthcare manufacturing. Key Details of the Exemption The tariff relief, authorized by President Bola Tinubu and implemented through the Minister of Finance, Olawale Edun, covers: - Active Pharmaceutical Ingredients - Excipients - Packaging materials - Long-Lasting Insecticidal Nets - Rapid Diagnostic Kits - Reagents Eligibility Criteria The exemption is specifically targeted at: - Manufacturers recognized by the Federal Ministry of Health and Social Welfare -…

Thursday, 27 March 2025 04:40

FG declares Monday and Tuesday public holidays for Eid-el-Fitr

The Federal Government has announced Monday and Tuesday as public holidays to celebrate this year’s Eid-el-Fitr, marking the end of Ramadan. The Permanent Secretary of the Ministry of Interior, Magdalene Ajani, made the declaration in a statement issued on Wednesday. Eid-el-Fitr, a major Islamic festival, is observed by Muslims worldwide after completing 29 or 30 days of fasting during Ramadan. In his message, the Minister of Interior, Olubunmi Tunji-Ojo, called on Muslims to uphold the values of self-discipline, compassion, generosity, and peace. He stressed the importance of love, forgiveness, and unity in fostering a harmonious society. Tunji-Ojo also urged Nigerians…

Tuesday, 25 March 2025 04:45

PDP governors challenge Tinubu’s emergency rule in Rivers at Supreme Court

Governors of the Peoples Democratic Party (PDP) have approached the Supreme Court to challenge President Bola Tinubu’s declaration of a state of emergency in Rivers State, calling it unconstitutional. On March 18, Tinubu invoked Section 305(5) of the 1999 Constitution to impose emergency rule, suspending Governor Siminalayi Fubara, Deputy Governor Ngozi Odu, and the state House of Assembly members for six months. He appointed Retired Vice-Admiral Ibok-Ete Ibas as sole administrator to oversee the state. The PDP governors—from Bauchi, Adamawa, Bayelsa, Enugu, Osun, Plateau, and Zamfara—argue that the president lacks the authority to remove an elected governor or deputy. They…

Tuesday, 25 March 2025 04:42

NBS deletes inflation report, re-uploads with historical data missing, The Cable reports

The National Bureau of Statistics (NBS) recently reported that Nigeria’s inflation rate fell to 23.18 percent in February, down from 24.48 percent in January. Despite this, many analysts questioned the figure and the new methodology. A few days after the report’s release, it was quietly taken down from the NBS website, raising concerns about data transparency and accuracy. Checks by TheCable Index on Monday showed that the report had been reuploaded but with notable changes. MISSING HISTORICAL DATA Deleted inflation data Re-uploaded inflation data In the initial version, following NBS tradition, the Consumer Price Index (CPI) report contained historical data…

Tuesday, 25 March 2025 04:41

President of DRC offers minerals deal to Trump in exchange for booting violent rebels

The president of the Democratic Republic of Congo sent a letter to President Donald Trump offering a minerals deal in exchange for a security agreement with the U.S. that would remove violent rebels from the war-torn nation. "Your election has ushered in the golden age for America," President Félix Tshisekedi wrote in February to Trump, the Wall Street Journal reported Wednesday. "Our partnership would provide the U.S. with a strategic advantage by securing critical minerals such as cobalt, lithium, copper and tantalum from the Democratic Republic of Congo." The Congo has over $20 trillion worth of minerals available, according to…

Monday, 24 March 2025 19:05

Wale Olaitan, ex-Vice Chancellor, Olabisi Onabanjo University, passes on @60

With heavy hearts, we announce the passing of Professor Wale Are Olaitan, who departed this life today March 24, 2025, after a prolonged illness that began in 2020. Born in September 1964 in Ijebu Igbo, Ijebu North LGA of Ogun State, Professor Olaitan was a distinguished scholar, a passionate educator, and a relentless advocate for social justice. His academic journey began at Molusi College, Ijebu-Igbo, after which he worked briefly as a secondary school teacher before gaining admission to the Political Science Department of Ogun State University (now Olabisi Onabanjo University), Ago-Iwoye, as part of its pioneering class in 1982.…

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Monday, 24 March 2025 04:16

Another explosion hits gas facility in Rivers

An explosion has been reported at Soku gas pipeline along the Soku-Elok (Abua)-Rumuji-Bonny export terminal in Rivers state. Confirming the development, Christian Otiasah, an environmental manager in Soku community, said the explosion triggered a fire that began late Saturday night. Although the cause of the explosion remains unknown at the time of reporting, Otiasah said the incident occurred between 10 pm and 11 pm on March 22. “There was an explosion and there was an attendant fire. The fire has been put off. It was put off because the Soku gas plant is automated such that depending on the impact,…

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…

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