Tag: politics
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Aliko Dangote plans to sell 10% stake in refinery on NGX
Billionaire Aliko Dangote, has announced plans to sell between five and 10 percent of the Dangote Petroleum Refinery’s shares on the Nigerian Exchange (NGX) Limited within the next year. Speaking in an interview with S&P Global on October 20, Dangote said the move would follow the same path taken by other Dangote Group subsidiaries listed…
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World Athletics hands Nigeria hosting rights for inaugural Africa running conference
The National Sports Commission (NSC), in collaboration with World Athletics and the Athletics Federation of Nigeria (AFN), is set to host the inaugural Africa Running Conference in Lagos. This landmark event aims to promote health, fitness, and athletic excellence while driving increased participation, talent discovery, and private sector engagement. It also positions Nigeria as a…
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ADC Cautions Federal Government against using alleged coup plot to silence opposition
The African Democratic Congress (ADC) has cautioned the Federal Government against using the recent news of an alleged coup plot as a pretext to clamp down on opposition leaders and begin extra-judicial surveillance on voices that do not agree with the government. In a statement signed by Mallam Bolaji Abdullahi, the ADC’s National Publicity Secretary,…
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Defections can’t save you in 2027, ADC tells APC
The African Democratic Congress (ADC) has reacted to comments made by the APC National Chairman, Dr. Nentawe Yilwatda, that “key ADC figures” would join the party next week, saying that defections will not save the ruling party in 2027. The ADC, in a statement signed by Mallam Bolaji Abdullahi, the party’s National Publicity Secretary, said…
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IMF excludes Nigeria from list of fastest-growing economies in Africa
The International Monetary Fund (IMF) has excluded Nigeria from the list of Africa’s fastest-growing economies. The IMF listed Benin, Côte d’Ivoire, Ethiopia, Rwanda, and Uganda as the fastest-growing economies on the continent in its Regional Economic Outlook report for sub-Saharan Africa, launched on Thursday in Washington DC, The Cable reports. The report, launched at the…
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Fuel price hits N1,000 as queues resurface
The pump price of Premium Motor Spirit (PMS), popularly known as petrol, has reached N1,000 or more per litre in parts of the country. Daily Trust reports that the last time PMS was sold at over N1, 000 was in April and since then, it had sold at below N900. However, reports from major cities…
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Governors’ defections part of conspiracy for One-Party State – ADC
●Says 2027 will be the People vs APC The African Democratic Congress (ADC) has said that the recent defections of some state governors to the ruling party have vindicated the position of the opposition coalition that the APC’s plan has been to turn Nigeria into a one-party state. In a statement signed by the ADC’s…
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ADC warns against moving 2027 Elections to November 2026 , says amendment may truncate governance
The African Democratic Congress (ADC) has cautioned the National Assembly against its proposed amendments that may move the 2027 general elections to November 2026, warning that it could undermine governance in the country. In a statement signed by its National Publicity Secretary, Mallam Bolaji Abdullahi, the party argued that advancing the election date would push…
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Enugu governor, Mbah finally defects to APC
Enugu State Governor, Dr. Peter Mbah, has finally announced his defection from the People’s Democratic Party (PDP) to the All Progressives Congress after months of speculation. The governor made this known at a press conference on Tuesday in Enugu saying that the aspirations of his administration align with those of the Bola Tinubu administration. He…
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Tinubu’s mass pardon for drug traffickers a national disgrace, encourages crime – ADC
The African Democratic Congress (ADC) has condemned President Bola Tinubu’s recent decision to grant presidential pardons to dozens of convicted drug traffickers and smugglers. In a strongly worded statement signed by its National Publicity Secretary, Mallam Bolaji Abdullahi, the party described the action as “pathetic and a national disgrace,” warning that the move undermines Nigeria’s…