Month: June 2025

‘Over $456m Unpaid Revenue,’ Reps Threaten To Sanction 13 Oil Firms

Ganiyu Amodu

The House of Representatives Public Accounts Committee on Wednesday warned 13 non-compliant oil companies to appear before it to answer questions in the ongoing probe of non-remittance of monies due to the Federal Government, or face grave sanctions. The companies are allegedly owing the Federal Government about $456.95m (N731.12 bn) in unremitted revenues. In a statement issued by its spokesman, Akin Rotimi, the House noted that despite repeated invitations and public notices through national newspapers, the companies failed to appear before the Committee, prompting the PAC to consider punitive actions…

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Ojukwu Caused The Civil War, Gowon Insists

Ganiyu Amodu

If Emeka Odumegwu Ojukwu, had not gone ahead of me to spill the content of our meeting in Aburi, there might not have been the civil war, Yakubu Gowon, former Nigerian Head of State, said for the umpteenth time on Wednesday. Gowon, a General, who ruled Nigeria from 1966 to 1975, had in an exclusive interview aired on The Morning Show, a breakfast programme on Arise News television, stopped short of denying that there was actually an accord at his parley with Ojukwu, who prosecuted the war on the side…

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Execution Of Oloibiri Museum Project To Commence As Promoters Hand Over Site To Julius Berger

Ganiyu Amodu

Construction work at the long-awaited Oloibiri Museum and Research Centre (OMPRC), Otuabagi, in Ogbia Local Government Area of Bayelsa State is set to begin as the project promoters on Tuesday handed over the project site to Messers Julius Berger Plc, a renowned construction company, at a well-attended ceremony at the Otuabagi community town hall. The event marked the completion of formalities and alignment of all key stakeholders, thus ensuring that the project would proceed without hitches at the exact location where oil production began in Nigeria in 1957. Elated at…

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(ICYMI) 2027: I’ll Become Next Oyo Gov If I Decide To Contest — Oriyomi Hamzat

Abibat Babalola

Popular Ibadan-based broadcaster, Oriyomi Hamzat, has expressed strong confidence in his chances of becoming the next governor of Oyo State if he chooses to contest in the 2027 election. Speaking during a recent live broadcast, Hamzat reacted sharply to a caller from abroad who advised him against running for office. The caller had suggested that although Hamzat is widely regarded as a man of the people, he should not rely on public goodwill to translate into electoral support, claiming that voters might not back him when it matters. READ ALSO:…

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NUPRC Heightens Nigeria’s Crude Oil Exports Tracking, Issues New Guidelines

ADEOLA YUSUF

“To all licences and leases granted or preserved under the Petroleum Industry Act (PIA) 2021,” seven things to know about the NUPRC’s Advanced Cargo Declaration, the guidelines covering crude oil, natural gas, natural gas liquids and petroleum products exported from all terminals and export points in Nigeria.   The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced the release of new guidelines for the advanced cargo declaration regime, a move aimed at enhancing transparency, accountability and efficiency in Nigeria’s crude oil and petroleum exports. Platforms Africa reports that the guidelines,…

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Popular Pastor, Paul Adefarasin, Under Probe – Police

Abibat Babalola

Pastor Paul Adefarasin, Senior Pastor of House on the Rock, is under investigation by the Lagos State Police Command following the circulation of a video that shows him holding what appeared to be a gun-like object from his car window. The footage, captured on June 6, 2025, shows the popular preacher rolling down the tinted window of his vehicle while holding an object in his right hand that resembled a pistol. In the clip, the man recording the video can be heard expressing regret: “Boss, boss, sorry sir, sorry sir,”…

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‘Effective August 1;’ CAC Hikes Service Fees For Businesses In Nigeria

Abibat Babalola

. Blames Economic Conditions For Jerking Up Fees     The Corporate Affairs Commission has announced a fresh review of its service fees, which will take effect from August 1, 2025. The decision, according to the Commission, was taken after a thorough assessment of current economic conditions, rising operational expenses, and consultations with key stakeholders. In a public notice obtained by PUNCH Online on Tuesday, the Commission explained that the fee adjustment is part of efforts to deliver efficient, technology-driven services that align with the needs of businesses and the…

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GOCOP Champions Sanitisation of Online Journalism, Sets Standards

ADEOLA YUSUF

  . Launches book titled; “Nigeria Media Renaissance: GOCOP Perspectives on Online Publishing.”   The President of the Guild of Corporate Online Publishers (GOCOP), Ms. Maureen Chigbo, has stated that the organization’s primary objective is to sanitize the online media space and establish standards for the industry. Speaking at the launch of GOCOP’s maiden publication, “Nigeria Media Renaissance: GOCOP Perspectives on Online Publishing,” and a fundraising event for the GOCOP Media Center in Abuja, Chigbo emphasized the need for collaboration with stakeholders to achieve this goal. As a group of…

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And Our Garri Takes Flight, By Adegunle Olugbamila

Abibat Babalola

“But why garri?” You actually want to read the beautiful poem about the heroism and the economy of the fantastic food and famous ‘savior’ of generations     Garri, oh our garri A friend of the masses A stopgap during emergency The downtrodden look up to you when famished, And once satisfied, there is efficiency The downtrodden look up to you when famished, And once satisfied, there is efficiency Garri, oh our garri You have saved lives over centuries Dampening man’s underserved fury You fill us like rains READ ALSO: Is…

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Lagos Assembly Summons Uber, Bolt, Others Over Insecurity, Labour Rights Violations

Abibat Babalola

The Lagos State House of Assembly has summoned Uber, Bolt, Indrive, Rida, and LagRide to appear for a public hearing on the growing unrest in the ride-hailing sector. Azeez Jaiyesimi, the chairman, Amalgamated Union of App-Based Transporters of Nigeria (AUATON), Lagos chapter, made this known in a statement by the union’s public relations officer, Steven Iwindoye, on Monday in Lagos. Mr Jaiyesimi said the public hearing scheduled for Tuesday, was in response to the petition by AUATON to the assembly. “The Lagos State House of Assembly has summoned Uber, Bolt,…

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