Fuel Subsidy Savings Inadequate for Nigeria’s $50bn Budget – Taiwo Oyedele
Fuel subsidy removal cannot transform Nigeria’s $50bn economy. Taiwo Oyedele insists on broad tax reforms to drive infrastructure growth. Warnings issued against policy reversals draining trillions of naira. Taiwo Oyedele,…
Grid Collapse Wipes Out 1,866MW, Cost GenCos ₦66.26 Billion
Grid collapse plunged the country into darkness on Wednesday. Load rejection causes massive losses for generation companies over eight months. Power partially restored, but supply remains below national demand.…
EFCC Interrogates Mele Kyari Over Multi-Billion Dollar Refinery Probe
Mele Kyari, Former NNPCL CEO grilled by EFCC over refinery maintenance financial transactions. Investigation follows petition alleging misappropriation of billions of dollars. Federal High Court froze Kyari-linked Jaiz Bank accounts…
Paulinus Okoronkwo: Ex-NNPC GM convicted in US over $2.1m bribe, faces 10-year prison sentence
US jury finds Paulinus Okoronkwo guilty of bribery, money laundering, tax evasion. Payment disguised as legal fees to secure drilling rights in Nigeria. Faces up to 10 years in prison…
Nigeria’s Power Grid Collapses, First Nationwide Outage in 2025
Grid generation crashes from 2,917MW to 1.5MW within one hour. Abuja Disco confirms blackout across franchise areas. Regulator earlier reported zero collapses in Q1 2025. Nigeria’s fragile electricity grid suffered…
Dangote Refinery Agrees to NUPENG Unionisation, Strike Suspended
NUPENG suspends two-day strike after Dangote Group agrees to worker unionisation. Unionisation process to begin immediately and conclude within two weeks. No Dangote Refinery employee will face victimisation over strike…
Bayelsa APC Endorses President Tinubu as Sole 2027 Presidential Candidate
Bayelsa APC formally adopts President Bola Ahmed Tinubu as its sole candidate for the 2027 general elections. Endorsement attributed to Tinubu’s transformative policies, infrastructure projects, and inclusion of Bayelsa indigenes…
Texas Governor Greg Abbott Bans Sharia Law, Declares Advocates “Fools”
Greg Abbott announces ban on Sharia law and compounds in Texas after viral protest video. Texas Governor orders residents to report any attempt to impose Sharia compliance to authorities. Civil…
Nigeria’s Debt Hits ₦149trn as Abbas Warns of Generational Risk from Reckless Borrowing
House Speaker raises alarm as debt breaches legal threshold with GDP ratio at 52 percent. Abbas insists loans must fund infrastructure, jobs, health, and education, not corruption. Africa-wide debt crisis…
Fresh Anti-Nigerian Protests Rock Ghana Despite Mahama’s Assurances
Fresh demonstrations target Nigerians weeks after initial protests in Ghana. President Mahama had earlier promised safety and condemned xenophobia. Online videos show renewed hostility with locals openly demanding expulsions. Fresh…