President Bola Ahmed Tinubu, GCFR, has approved the immediate dissolution of the Governing Boards of all Federal Government Parastatals, Agencies, Institutions, and Government-Owned Companies in the exercise of its Constitutional Powers and in the public interest. The dissolution does not, however, affect Boards, Commissions and Councils listed in the Third Schedule, Part 1, Section 153 (i) of the 1999 Constitution of the Federal Republic of Nigeria as amended. In view of this development and until such a time new boards are constituted, the Chief Executive Officers of the Parastatals, Agencies, Institutions, and Government-Owned Companies are directed to refer matters requiring…
Author: Adewale A.
President Bola Ahmed Tinubu, GCFR, has approved the immediate retirement of all Service Chiefs and the Inspector-General of Police, Advisers, and Comptroller-General of Customs from Service as well as their replacements with immediate effect. The newly appointed Officers are: 1. Mallam Nuhu Ribadu – National Security Adviser 2. Maj. Gen. C.G Musa – Chief of Defence Staff 3. Maj. T. A Lagbaja – Chief of Army Staff 4. Rear Admiral E. A Ogalla – Chief of Naval Staff 5. AVM H.B Abubakar – Chief of Air Staff 6. DIG Kayode Egbetokun – Acting Inspector-General of Police 7. Maj. Gen. EPA…
Dr Olisa Agbakoba, SAN has called on President Bola Tinubu to implement the Uwais Committee Electoral Reforms. Hon Justice Mohammed Lawal Uwais is the longest-serving Chief Justice of Nigeria (CJN) and has been blessed by God to reach the milestone Age of 87! President Tinubu’s special gift to our CJN is to implement the far-reaching electoral reforms of the Uwais Committee. Agbakoba adds “I was honoured to serve in the Uwais Committee. Mr president! please implement the Uwais recommendations”
His Serene Majesty King Prof. T.J.T Princewill, Amachree the XI and Amanyanabo of the Kalabari Kingdom has passed on. In a statement titled “The King has departed, long live the Kingdom” by his son Prince Tonye Princewill on behalf of the family said, “It is with a very heavy heart that I am formally announcing the departure of my father, our King and His Serene Majesty, King Prof. T.J.T Princewill, Amachree the XI and Amanyanabo of the Kalabari Kingdom. He was not just my father; he was also my best friend. “Earlier today, the Buguma Council of Chiefs and the…
Professor Yemi Oke, a Professor of Law, University of Lagos and a prominent citizen of Egbaland, has expressed dismay at the unwarranted display of thuggery by some APC elements today at the Election Petition Tribunal sitting in Abeokuta today, June 5, 2023. The thugs, holding guns, canes and cudgels, unleashed attacks on the PDP gubernatorial aspirant, Otunba Segun Sowunmi and other PDP members present in the court. He writes: (1) I’m an APC supporter but we don’t play politics with the blood of our relations. We have APC, PDP and members of other political parties in our family. (2) Otunba Segun…
There’s an awe of a legend, and this awe is fed or fuelled by the happenings in the life of that legend. When Obafemi Awolowo said certain things during his lifetime, subsequent events could only be explained and substantiated, at times, by the metaphysical analysis of those events. Take, for instance, when the late sage was being taken to prison, he told the Abubakar Tafawa Balewa-led government that he was going “from this twilight into the darkness, with a brave heart, with confident hope, and … unshaken in” his “trust in the Providence of God that a glorious dawn will…
Tracka, BudgIT’s service delivery promotion platform, which allows citizens to collaborate, track and give feedback on public projects in their communities, has discovered that a total of N81.7 billion was allocated to the construction of solar street lights in the 2023 FG Capital and Constituency projects. This is higher than the total allocation to schools and primary health centres, which gulp N77.9 billion and N3.1 billion, respectively, in the budget. In 2022, a UNESCO report tagged Nigeria’s out-of-school children figures at 20 million, a staggering 52% increase from the 10.5 million reported by UNICEF in 2020. Nigeria’s child mortality rate…
President Bola Ahmed Tinubu has just been sworn in today as Nigeria’s new president. In his inaugural speech, President Tinubu highlighted his areas of focus and hit the ground running specifically mandating the following key economic policies of the new government: Fuel Subsidy is gone. Commodity Boards to be reintroduced. Multiple exchange rates are to be unified and mandated Central Bank of Nigeria (CBN) to achieve a Unified Exchange Rate immediately. There will be house cleaning at CBN. Interest rates are too high and anti-business, and to be reduced. Focus on Infrastructure Development to create jobs. Electricity Generation, Transmission and Distribution…
The Buhari Years: What We Ordered vs What We Got – BudgIT reflects on the Buhari Administration and its achievements, shortcomings, and regressive steps. This article focuses on the economic legacy of President Buhari. The outgoing administration of President Muhammadu Buhari will be assessed semi-chronologically, tracing the high and low points of his dual term under the following subheadings: The Economy of the Goodluck Jonathan-Muhammadu Buhari Transition and Beyond Brent oil prices tanked from their heights of $111 per barrel in May 2014 to $54 per barrel per day by late 2014. The currency, heavily defended with copious reserves in…
I am not a fan of Olusegun Obasanjo (OBJ) and will never be his fan, but Obasanjo has a special grace reserved for men of destiny. It was Gen Hassan Katsina who first discovered this uncommon grace in Obasanjo. In her book titled “Bitter Sweet”. Obasanjo’s first wife and the mother of Iyabo, Mrs Oluremi Obasanjo, wrote that she was with Obasanjo at the Airport in Kaduna in the 60s when Gen Katsina prophetically whispered to her that she should take good care of Obasanjo because God has set him aside to play prominent roles in the life of Nigeria.…