In a move to safeguard ongoing federal projects, the Senate has approved a second extension of the capital component of the 2024 Budget, resetting its expiration to December 31, 2025. The Deputy Senate President, Senator Barau Jibrin, who presided over the resumption of plenary on Tuesday, announced the extension of the Appropriation Bill following an expedited passage after first, second and third readings. Leading debate on the floor, Chairman of the Senate Committee on Appropriations, Senator Adeola Olamilekan, argued that Nigeria’s fiscal constraints and the scale of incomplete projects necessitated…
Read MoreAuthor: Abibat Babalola
Tinubu Signs Four Tax Bills Into Law
President Bola Tinubu will sign into law four groundbreaking tax reform bills on Thursday, transforming Nigeria’s fiscal and revenue framework. The four bills —the Nigeria Tax Bill, the Nigeria Tax Administration Bill, the Nigeria Revenue Service (Establishment) Bill, and the Joint Revenue Board (Establishment) Bill —were passed by the National Assembly after extensive consultations with various interest groups and stakeholders. According to a statement by presidential spokesperson Bayo Onanuga, the presidential assent to the bills at the Presidential Villa, Abuja, will be witnessed by the Senate President, the Speaker of…
Read MoreObi Decries Invasion, Demolition Of Brother’s Lagos property,Demands Justice
Labour Party presidential candidate in the 2023 election, Peter Obi, has criticised an attempted forceful takeover of a Lagos property belonging to Next Foods Limited, which his younger brother, Ndibe Obi, is the majority shareholder. Bulldozers started demolishing the property located at number 57, Oduduwa Crescent in the Ikeja GRA of Lagos State, beginning from Monday, June 23, 2025 and continuing to June 24, 2025, on the grounds of a purported judgment which grants ownership of the property to one Deborah Olorunlogbon. The controversy, however, is that while Deborah Olorunlogbon…
Read MoreOjude Oba: How Goldberg Is Sustaining An Enduring Legacy of The Ijebus
Without doubt, Ojude Oba, which simply means the King’s Fore-Court or Frontage, an annual social gathering in Ijebuland, is fast becoming the rallying point for indigenes of this SouthWestern community. For sons and daughters of Ijebuland, this celebration of traditional,, cultural, and spiritual accomplishments of the Ijebu nation, which started over 100 years ago, has become one of the most significant festivals in the social diary of the community. Celebrated exactly three days after the Eid al-Kabir (Ileya) festival, the hugely carnival-like event has become one of the avenues indigenes…
Read MoreCourt To Rule July 16 On N5.74bn NLNG Contract Dispute
A High Court sitting in Port Harcourt has fixed for judgement July 16, 2025, on claims of a N5.4 billion breach of contract by an indigenous company, Macobarb International Limited, against the NLNG. The Court is presided over by Justice Chinwendu Nwogu in suit number PHC/2013/CS/2022. The fixing of date of judgment came on June 24, 2025, after counsels for both parties adopted and adumbrated their final written addresses, each seeking to convince the judge to rule in his client’s favour. Macobarb had sued the NLNG, claiming that it breached…
Read MoreSanwo-Olu @ 60: Lessons in Humility and Loyalty, By Gboyega Akosile
Many qualities define a leader, whether in politics or in the corporate world but integrity, humility and loyalty tower above all. A cursory look at the life and times of successful leaders often reveals these qualities and why such leaders are celebrated by their subjects. Lagos State Governor, Babajide Olusola Sanwo-Olu’s life and career trajectory can be said to have been solidly built over the years upon these virtues. As he clocks 60 today, a careful study of his life is enough lesson for the next generation of leaders who…
Read MoreCorps Member Who Called Tinubu ‘Terrible President’ Gets 2-Month Service Extension
Corper Raye has apologised after she came under heavy criticism for also saying Lagos, the state NYSC posted her to for service, was smelling The National Youth Service Corps (NYSC) has extended the service year of Ms. Rita Ushie, popularly known as Raye on Instagram, by two months following her viral criticism of President Bola Tinubu’s administration and the economic hardship in Nigeria. Raye, who had just one month remaining in her mandatory service, drew national attention in March after posting a video in which she tearfully described the…
Read MoreGuild Of Editors, GOCOP Leaders React To Soneye’s Exit From NNPC
.Charge successor On NNPC Image, Dedication To Duty President of the Guild of Editors, Eze Anaba, and his counterpart at the Guild of Corporate Online Publishers (GOCOP), Maureen Chigbo, have reportedly reacted to the tenure of Femi Soneye, the former Chief Corporate Communications Officer (CCCO) of the Nigerian National Petroleum Company Limited (NNPCL). Soneye earlier told Platforms Africa that he resigned from his appointment after 20 months as the image maker of the NNPC. Reacting to the news, the two leaders of media management groups praised Soneye’s…
Read More‘$7.2 Bn Scandal,’ EFCC Arrests NNPC Ex-Finance Boss, Warri Refinery’s MD
Economic and Financial Crimes Commission (EFCC) has arrested two former top officials of the Nigerian National Petroleum Corporation Limited (NNPCL): Umar Isa, ex-Chief Financial Officer, and the former Managing Director of the Warri Refinery. The arrests are linked to an alleged $7.2 billion fraud related to the rehabilitation of the Kaduna, Warri, and Port Harcourt refineries. The total amount under investigation is $2,956,872,622.36. Specifically, the EFCC is probing the disbursement of $1,559,239,084.36 allocated to the Port Harcourt refinery, $740,669,600 released for the Kaduna refinery, and $656,963,938 approved for the Warri…
Read MoreNaira Appreciates To N1,600/$ In Parallel Market
The naira yesterday appreciated to N1,600 per dollar in the parallel market from N1,605 per dollar last weekend. But the Naira depreciated to N1,550 per dollar in the Nigerian Foreign Exchange Market (NFEM). READ ALSO: Nigeria Govt kicks As U.S. Issues Security Advisory On Abuja ‘Impossible,’ Chelsea Training Cut Short Amid Record Philadelphia Heat ‘Few Hours After,’ Ceasefire Collapses As Israel Orders Attack On Iran Alao-Akala’s Daughter Wants Late Gov’s Corpse Exhumed Amidst Family Dispute Over Estate Lagos Assembly Summons Uber, Bolt, Others Over Insecurity, Labour Rights Violations Data published…
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