Nigeria Seeks Stronger EU Ties to Boost Science, Innovation

The Federal Government is calling for deeper collaboration with the European Union (EU) to enhance Nigeria’s Science, Technology, and Innovation (STI) policies and coordination mechanisms. The appeal was made by the Minister of Innovation, Science, and Technology, Uche Nnaji, during a courtesy visit by the EU Ambassador to Nigeria and ECOWAS on Thursday. In a…

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Interrogating Fresh Demands for State Creation as Agitators Prioritize Interests

The House of Representatives’ proposal to create 31 new states has sparked a debate about its viability, especially since the existing 36 states struggle to sustain themselves without federal financial allocations. Korede Abdullah, Africa Health Report’s Southwest correspondent, examines the implications of this move. More States, More Problems? In a surprising move, the Nigeria’s House…

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ICPC to Launch Anti-Corruption Programme for LGs Amidst as Push for Grassroots Transparency Intensifies

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) is set to formally launch the Accountability and Corruption Prevention Programme for Local Governments (CPP-LG) to curb systemic corruption and enhance transparency at the grassroots level. This move comes in response to recent legal affirmations of local government autonomy, which are expected to strengthen financial…

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BREAKING: FG Suspends Osun LG Elections, Warns Gov Adeleke as State Boils

Korede Abdullah in Lagos The Federal Government has called on Osun State Governor, Ademola Adeleke, to suspend the Local Government elections scheduled for Saturday, citing legal and security concerns. Attorney-General of the Federation (AGF) and Minister of Justic, Lateef Fagbemi SAN, in a statement on Thursday night, said that the law is clear on the…

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Senate to Hold Public Hearing on Tax Reform Bills Monday

The Nigerian Senate will begin a two-day public hearing on February 24 and 25, 2025, to discuss four critical tax reform bills presented by President Bola Tinubu. These bills aim to overhaul Nigeria’s tax system and revenue generation strategies, a move expected to modernize the country’s fiscal policy. Chairman of the Senate Committee on Finance,…

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Kyari Warns Retailers Against Price Gouging Amid Falling Food Costs

The Minister of Agriculture and Food Security, Abubakar Kyari, has cautioned traders and food vendors against maintaining high prices despite a decline in production costs. He urged them to reflect market realities in their pricing to ease the financial burden on consumers. According to a report by NTN News on Thursday, Kyari stated that the…

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Binance

Nigerian Government Sues Binance for $81.5bn in Fresh Action

Korede Abdullah in Lagos The Federal Government has taken legal action against Binance, demanding a penalty of N79.51 billion and N231 million (equivalent to $81.5 billion) for alleged economic losses caused by its operations in Nigeria. In a fresh lawsuit filed by the Federal Inland Revenue Service (FIRS), Binance is also being asked to pay…

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Alleged N33.8bn: Ex-Power Minister’s PA, Bureau de Change Operator Reveal Fresh Details

A personal assistant to former Minister of Power Saleh Mamman, Mifbahu Idris, and key witnesses testified today in a Federal High Court, revealing how they helped launder millions on Mamman’s behalf. The ongoing trial, presided over by Justice James Omotosho, centers around a money laundering scheme involving an alleged N33.8 billion. Idris, who is also…

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Nigeria Bans Fuel Tankers Exceeding 60,000 Litres, March 1

Korede Abdullah in Lagos The Federal Government of Nigeria has announced that fuel tankers exceeding 60,000 litres will no longer be allowed on the country’s roads, with the ban set to take effect from March 1, 2025. The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) disclosed that, by the fourth quarter of 2025, the…

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