Author: Chronicle Editor

The federal government may increase the fuel pump price to between N211 – N238/litre soon, as the Nigerian National Petroleum Corporation (NNPC) has stated that the corporation may no longer carry the burden of the actual market price. This was disclosed by Mele Kyari, Group Managing Director, NNPC during a press briefing organised by the Ministry of Petroleum Resources on Thursday. He explained that the actual market price of Premium Motor Spirit, popularly called petrol, should be between N211 and N234/litre and that means consumers are not paying the actual market price. Kyari said, “NNPC is importing PMS at market…

The spokesman of the Northern Elders’ Forum (NEF), Dr Hakeem Baba-Ahmed has lamented the rising insecurity across Nigeria, saying the presidency has run out of ideas on how to tackle the menace. “You can only do that by acknowledging the failure of the government to secure its citizens. Listening to Garba, to be honest, I just think that the presidency has run out of ideas,” he said while responding to a comment by presidential media aide, Garba Shehu that members of the opposition are exploiting Nigeria’s security challenges. “When they’re confronted with a very serious challenge, they go around looking…

Leveraging the innovative capacity of Fintechs, the Buhari administration is accelerating interventions, especially those under its Economic Sustainability Plan (ESP), including programmes on renewable energy, agriculture, improving access to credit and direct cash transfers, among others, according to Vice President Yemi Osinbajo, SAN. Prof. Osinbajo stated this Friday at the official launch of the Nigeria Sustainable Development Goals (SDGs) Fintech Hackathon organized by Financial Centre for Sustainability Lagos (FC4S Lagos), Nigeria Climate Innovation Centre (NCIC), Access Bank and AfricaHacks. According to the Vice President, “this is incredibly powerful for our efforts at resolving the climate crisis; transitioning to cleaner energy…

The Super Eagles have arrived in Port Novo, Benin Republic for their 2021 Africa Cup of Nations (AFCON) qualifier against their neighbours. Gernot Rohr’s men upon arrival in the city by boat had their mandatory COVID-19 tests. “We have arrived in Porto Novo. We also had our mandatory Covid test done at the point of entry,” read a tweet on the team’s official handle. “We’ve settled in and lodged at the Golden Tulip Le Diplomat Hotel in Cotonou.” https://twitter.com/NGSuperEagles/status/1375460275822985228?s=20 Nigeria are billed to take on the Squirrels of Benin Republic in a Group L 2021 AFCON qualifier on Saturday,…

President Joe Biden on Thursday said he expects to run for reelection in 2024 with Vice President Kamala Harris on the ticket. “The answer is yes, my plan is to run for re-election,” Biden said at his first presidential news conference. “That’s my expectation.” When asked about the potential for another Biden-Harris ticket, Biden praised Harris for the work she’s done so far. “I would fully expect that to be the case,” he said. “She’s doing a great job. She’s a great partner.” On Wednesday, Biden tapped Harris to lead the administration’s efforts on immigration issues, amid a surge at…

The Peoples Democratic Party (PDP) is confident that more electoral offenders will be prosecuted following the conviction and sentencing of a university lecturer, Peter Ogban. In a statement on Thursday by its National Publicity Secretary, Kola Ologbondiyan, the party commended the judiciary for its courage to stand on the side of the people. Ogban, a professor of soil science at the University of Calabar, was the returning officer in the 2019 Akwa Ibom North-West senatorial district election won by the All Progressive Congress (APC). He was found guilty of two counts of falsification of election results and announcing fake results…

Soldiers of an unidentified battalion in Operation Lafiya Dole have protested their posting to a location in the Theatre of Operation. The aggrieved soldiers, according to sources at the Maimalari barracks besieged the headquarters of the Theatre Command in Borno State, shooting sporadically into the air on Thursday night following their deployment. They cited non-payment of allowances and poor equipment as reasons for their rebellion. Some of the soldiers who spoke under anonymity recall how a whole unit that went for reinforcement when Marte was captured last month, perished under superior firepower of the enemy forces. ‘Bandits won’t surrender until…

Professor of International Political Economy at Harvard’s John F. Kennedy School of Government, Dani Rodrik; President George Weah of Liberia; and Mohamed Yayha of the United Nations Development Programme, are some of the confirmed speakers to take the stage at the 12th Annual Bola Tinubu Colloquium taking place virtually on Monday, 29th March 2021 to celebrate the birthday of His Excellency, Asiwaju Bola Ahmed Tinubu. This year, the Bola Tinubu Colloquium will focus on peace-building and national cohesion as a tool for growth and prosperity in Nigeria. The theme interrogates these issues in the light of contemporary incidents and commentaries in the…

The Insight by Lateef Adewole This article is dedicated to my mother; Omótóyòsí Àpèké; “iya Lati”, as she is fondly called. Is there anything a child can actually do to compensate for the sacrifices made by his or her mother? I do not think so. Motherhood is unique and distinct from all terrestrial activities one could conceive. In reality, only a true mother knows what motherhood means. And being a mother is beyond carrying a child in pregnancy to term and giving birth to it. It is a calling of a lifetime. There are all kinds of women who give…

The U.S. Senate confirmed the nomination of Wally Adeyemo as deputy secretary of the Treasury on Thursday, making him the first Black American to hold the powerful job. Treasury Secretary Janet Yellen welcomed the Senate vote, calling Adeyemo “a master of shuttle economic diplomacy” who would help meld U.S. economic and national security interests. Adeyemo, 39, has struck a hardline tone on China, vowing to fight what he called Beijing’s “unfair economic practices” and hold China accountable to international rules. Adeyemo will play a key role in shaping U.S. economic policy on issues ranging from financial regulation to relief for…