Author: Opalim Lifted

President Bola Tinubu has appointed Femi Gbajabiamila, the outgoing Speaker of the House of Representatives, as his Chief of Staff. Fuel Subsidy: Charly Boy trashes Tinubu’s decision He was unveiled today, June 1, 2023, as the Chief of Staff to the President at the ongoing meeting between the President and security chiefs. Hon. Femi Gbajabiamila, who has yet to get his certificate of return from the Independent National Electoral Commission (INEC), would have to withdraw his candidature for a sixth term in the House of Representatives.

The upper legislative chamber, the Senate, has revealed how government ministries, departments, and agencies (MDAs) mismanaged Service Wide Votes (SWV) worth N3.8 trillion between 2017 and 2021. This was unravelled following a report by the Senate Committee on Public Accounts. According to the report, the Committee said some agencies did not make a formal request for the money sent to them by the Office of the Accountant General of the Federation. It was also uncovered that hundreds of billions of naira were purportedly used to cover salary deficits, despite the fact that such agencies had already collected appropriations for employee…

The Central Bank of Nigeria (CBN) has debunked a report by a national daily that it has devalued the naira to N631 per dollar at the Importers and Exporters’ (I&E) window. A top official of the apex bank, who told this medium that the report is completely false, warned that such reports could have serious adverse consequences for the economy. According to the top official, the CBN has not changed its strategy of allowing a gradual convergence of the parallel and official market exchange rates. “The report is not true. The Central Bank of Nigeria has not devalued the naira.…

The Flying Eagles of Nigeria beat Argentina to soar into Quarter finals have qualified for the quarterfinals of the ongoing FIFA U-20 World Cup following an emphatic 2-0 victory over hosts and favourites Argentina. After a barren first half, the Flying Eagles took the game to Argentina in the second half and broke the deadlock in the 61st minute through Ibrahim Beji Muhammad. Haliru Sarki Lawal then ensured there was no way back for Argentina when he headed home from close range in added time to seal qualification for the Ladan Bosso side.

Sevilla claimed a record-extending seventh Europa League title as they beat Roma on penalties at a raucous Puskas Arena in Budapest. Gonzalo Montiel, who also scored the winning penalty for Argentina in the World Cup final against France, repeated the trick for the Spanish side following a 1-1 draw with a retaken spot kick after Roger Ibanez and Gianluca Mancini had missed for Roma. Montiel’s international teammate Paulo Dybala deservedly put Roma in front during the first period, racing onto Italy defender Mancini’s incisive pass to expertly steer a low effort past Sevilla goalkeeper Yassine Bounou into the bottom right…

ENine persons were arrested on Wednesday when violence broke out among football supporters in Budapest before Sevilla met AS Roma in the Europa League final. Police claimed many people got into a brawl before the game began, and three people were hurt, with one Spanish and one Swedish citizen sent to the hospital. Aston Villa qualify for Europa after 13-year absence A criminal investigation into the suspected act of group aggravated assault has been launched, and seven Polish people have been arrested. In a separate incident in downtown Budapest, police said two fans, one Spanish and one Italian, were assaulted.…

The Nigeria Labour Congress (NLC) has demanded the federal government immediately instruct the Nigerian Petroleum Company (NNPC) to retract the recently issued pricing template, allowing parties to conduct free and open conversations. The NLC said in a statement issued on Wednesday, May 31, 2023, by its President, Joseph Ajaero, that the new price pattern is not only infuriating but an ambush that may jeopardise existing talks with the federal government. According to Ajaero, the government cannot talk about deregulation while regulating the cost of petroleum products. He said: “We are worried that the government, through the NNPC, despite the ongoing…

Senator Mathew Urhogide of Edo State and Senator Ayo Akinyelure of Ondo State have resigned from the Peoples Democratic Party (PDP). Their resignation was announced in two separate letters to Senate President Ahmad Lawan, which were read aloud during Wednesday’s plenary session. Senator Urhogide, who represents Edo South Senatorial District in the red chamber and also chairs the Senate Public Accounts Committee (SPAC), stated in the letter that his decision to quit from the PDP with immediate effect was due to the party’s inability to reconcile the crisis in the party in Edo State and at the national level. He…

The Nigerian National Petroleum Company Limited (NNPC) has announced the adjustment of the pump price of Premium Motor Spirit (PMS) by nearly 200% to between N488 and N557 nationwide. This was made known in a press statement issued today, May 31, 2023, and signed by Garba Deen Muhammad, the Chief Corporate Communications Officer of the NNPC. The statement reads: “NNPC Limited wishes to inform our esteemed customers that we have adjusted our pump prices of PMS across our retail outlets in line with current market realities. As we strive to provide you with the quality service for which we are…

The Nigerian National Petroleum Company (NNPC) Limited implemented the long-awaited fuel pump price on Wednesday, bringing clarity surrounding pricing following the controversial subsidy reduction, which costs over $10 billion per year. Chronicle NG reports that this new change is also observed in Lagos, where NNPCL now retails petrol for N488 per litre at its station on Kingsway Ikoyi, while the NNPC Mega Station, Lagos Bus Stop, at Port Harcourt now sells for N511 per litre. Today, Nigerian National Petroleum Company Limited is the sole supplier of petrol in Nigeria, and it is therefore expected that other marketers would follow Nigerian…