Month: February 2025

Nigeria Terminates Oyo-Ogbomoso Road Contract Awarded To RCC

ADEOLA YUSUF

The Federal Government has terminated the 98km Oyo-Ogbomoso Road contract awarded to Reynolds Construction Company (RCC). The Minister of Works, Dave Umahi, disclosed this on Thursday at a Federal Roads Stakeholders’ engagement, themed, ‘Enhancing Federal Roads in Oyo State: Challenges and Sustainable Solutions,’ in Ibadan, the Oyo state capital. Umahi added that the contract would be re-awarded to a new contractor soon. Recall that the Oyo/Ogbomoso road construction has been stalled for a long time, leading to several loss of lives in accidents and loss of revenue to traders and…

Read More

I’m Not Looking For Wahala Anymore, I’m Looking For Money – Portable

ADEOLA YUSUF

Controversial singer Habeeb Okikiola, popularly known as Portable, has pledged to turn over a new leaf following his release on bail. A Magistrate Court in Isabo, Abeokuta, Ogun State, granted the Zazu crooner a ₦2 million bail on Thursday after he pleaded not guilty to a five-count charge, including conspiracy, assault, unlawful possession of weapons, and unruly conduct. Portable was arraigned by the Ogun State police for allegedly assaulting three officials from the Ogun Planning and Development Permit Authority (OGPDPA). NIPCO Converts 15,000 Vehicles To CNG, Secures 25-Year Gas Distribution…

Read More

NIPCO Converts 15,000 Vehicles To CNG, Secures 25-Year Gas Distribution Licenses

ADEOLA YUSUF

    “Ibadan, Benin City, Lekki FTZ, Kara-Sagamu-Abeokuta-Ibadan Axis,” list of key catchment areas + full speech by MD/CEO, NIPCO Gas Ltd, Nagendra Verma, on feat, partnership, and Presidential CNG Initiative (PCNGI) to expand CNG stations   The NIPCO Gas Ltd has converted 15,000 vehicles to Compressed Natural Gas (CNG) just as it has been awarded Gas Distribution Licenses (GDL) by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and the Federal Government. MD/CEO, NIPCO Gas Ltd, Nagendra Verma, who disclosed this during a media briefing in Lagos, maintained…

Read More

27 Lagos Lawmakers Allegedly Defect To Labour Party, House Reacts

ADEOLA YUSUF

The Lagos State House of Assembly has dismissed reports alleging that 27 members are planning to defect from the ruling All Progressive Congress to the opposition Labour Party (LP). Chairman of the House Committee on Information, Strategy, and Security, Stephen Ogundipe, debunked the publication in a statement. Ogundipe called it “entirely false, misleading, and a deliberate attempt to misinform the public.” The statement read: “We find this report not only offensive but also riddled with inaccuracies and outright falsehoods, serving no purpose other than to sow discord and confusion within…

Read More

‘Blame Abacha,’ How He Annulled June 12 Election When I Travelled – IBB

ADEOLA YUSUF

Nigeria’s former Military President, retired General Ibrahim Badamasi Babangida, has revealed that the late General Sani Abacha forces annulled the June 12, 1993 presidential election when he travelled. General Babangida made this known in his autobiography: “A Journey in Service,” which was launched in Abuja on Thursday. At the launch, which had a former Vice President, Professor Yemi Osinbajo, as the Book Reviewer, Babangida said Abacha-led forces annulled the June 12, 1993 presidential election, won by the late Bashorun Moshood Kashimawo Olawale Abiola, without his mandate. ‘Contained, No Casualties’ NNPC…

Read More

Atiku, Others Lose Traditional Titles In Adamawa

ADEOLA YUSUF

Adamawa State Governor, Ahmadu Umaru Fintiri, has revoked several traditional titles, including those held by former Vice President Atiku Abubakar, former Governor Boni Haruna, and himself. He said the decision follows the restructuring of emirates and chiefdoms across the state. Governor Fintiri, who disclosed this during the coronation ceremony of the newly installed Chief of Madagali, explained that the restructuring aimed to modernize the traditional system and ensure that all district heads aligned with the newly created emirates and chiefdoms. According to him, traditional titles conferred under the previous jurisdictions…

Read More

‘Contained, No Casualties’ NNPC Gives Update As Fire Rocks Cawthorne Channel 1 Barges

ADEOLA YUSUF

The Nigerian National Petroleum Company Limited (NNPC Ltd) has given an update on a fire that broke out on the dry crude storage barge BESTAF5 at Cawthorne Channel 1, Rivers State, on Wednesday spreading to other barges. The company, in a statement by its Chief Corporate Communication Officer, Olufemi Soneye on Thursday, said that the fire has been successfully contained with no casualties. “At approximately 14:10 hours on Wednesday, February 19, 2025, a fire broke out on the dry crude storage barge BESTAF5 at Cawthorne Channel 1, Rivers State, spreading…

Read More

Akpabio, Natasha Bicker Over Seat Arrangements

ADEOLA YUSUF

. Senate President Orders Security To Bundle Kogi Senator Out of Senate Chamber   Tensions flared during plenary in the Senate over seating arrangements which led to a heated exchange between Senator Natasha Akpoti-Uduaghan and Senate President Godswill Akpabio. The controversy began when Senator Natasha’s seat was relocated upon resumption of the session. The Chief Whip, Senator Tahir Monguno, had raised a point of order, citing sections of the Senate rule book to justify the reassignment of seats. Monguno explained that the changes were necessary to accommodate shifts caused by…

Read More

Ex-Spanish Football Chief Rubiales Fined Over Forced Kiss

ADEOLA YUSUF

Prosecutors had sought a prison term of two-and-a-half years for Rubiales — one year for sexual assault and 18 months for coercion — for having allegedly pressured the player to downplay the incident afterwards. The judge at Spain’s High Court found Rubiales guilty of sexual assault over the kiss and fined him 10,800 euros ($11,300), but spared him a prison sentence. Rubiales was also banned from getting within a radius of 200 metres of Hermoso and from communicating with her for a period of one year. Video footage of the…

Read More

CBN Retains Interest Rate At 27.5%

ADEOLA YUSUF

The Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC) has unanimously decided to hold all the parameters. This was announced by the CBN Governor, Mr Olayemi Cardoso, on Thursday during a press briefing in Abuja. In this regard, that keeps the Monetary Policy Rate (MPR) at 27.50 percent, and retains the asymmetric corridor around the MPR at +500/-100 basis points. Court Grants Portable N2m Bail, Adjourns Case Till March 5 Portable Arraigned In Ogun Court Over Alleged Assault On Government Officials The MPC also retained the Cash Reserve Ratio…

Read More