BREAKING: Like FAAN, CBN, Nigerian Upstream Petroleum Regulatory Commission Plans to Move Units From Abuja To Lagos
The Nigerian Upstream Petroleum Regulatory Commission is contemplating the relocation of certain units from the Federal Capital Territory, Abuja to Lagos State. This intention was disclosed in a memorandum titled ‘Movement To Lagos,’ authored by Dr. Kelechi Onyeakachi Ofoegbu, Executive Commissioner of Corporate Services & Administration, dated February 14, 2024. SaharaReporters obtained this memorandum on…
VIDEO: Watch How Nigerians Being Flogged To Get Free Yam, Bread in Lagos Amid Hardship, Hunger
A circulating video has shown how Nigerians were being struck with canes before receiving complimentary loaves of bread in Lagos Island, Lagos State. The footage reveals a large crowd lined up in queues, where individuals are methodically struck with canes before being provided with the free bread. “See how them dey flog pesin because of…
FG Drops Treason Charge Against Sowore After Judge’s Last Warning To Dismiss Case
The Federal Government has withdrawn its case against Omoyele Sowore, the #RevolutionNow convener, who was accused of treason. A Notice of Discontinuance was officially stamped by the Federal High Court in Abuja on Thursday. It was signed by the Attorney General of the Federation and Minister of Justice, Lateef Fagbemi (SAN), on Wednesday. The Notice…
Amid Hardship, Tinubu Plans to Borrow N2.5 Trn Through FGN Bond in February
Chief Bola Tinubu is set to procure N2.5 trillion in the upcoming second FGN bond auction of the year, as disclosed by the Debt Management Office in a circular released on Wednesday. This offering consists of two tranches: one valued at N1.25 trillion maturing in February 2031 and another N1.25 trillion with a 10-year tenor….
Putin Says Russia is Close to Creating Cancer Vaccines
Vladimir Putin said on Wednesday that Russian scientists were close to creating vaccines for cancer that could soon be available to patients, Reuters is reporting. During televised remarks, Putin expressed optimism, stating, “We have reached a significant milestone in the development of cancer vaccines and next-generation immunomodulatory drugs.” READ ALSO: Donald Trump Wins Nevada Primary…
Opara: Labour Party Chairman, Abure Denies N3.5bn Fraud Allegation
Labour Party’s National Chairman, Julius Abure, has denied the accusations of misusing party funds leveled by the embattled National Treasurer. Abure refuted claims that the party had amassed over N3.5 billion in its accounts, dismissing them as untrue. Addressing the ongoing party crisis, Abure spoke on Arise Television’s Morning Show, countering allegations made by the…
Terrorists, Bandits Now Rape Our Women, Zamfara Indigene Laments
Banditry in rural Zamfara State has escalated, with criminals now targeting married women and girls for rape within their own homes. This disturbing trend coincided with the apprehension of suspected bandits by the Nigeria Security and Civil Defence Corps (NSCDC) and the 176 Guards Battalion of the Nigerian Army, who revealed having sponsors during interrogation….
FUTA: NANS Pledges to Occupy EFCC Offices, Demands Release of Students Raided Overnight
The Ondo State Chapter of the National Association of Nigerian Students, Joint Campus Council (NANS-JCC), has urged the Economic and Financial Crimes Commission (EFCC) to promptly release all students unlawfully detained following a raid on their hostels. While acknowledging the importance of combating financial crimes and other illegal activities, the student body expressed dismay over…
BREAKING: Protests Hit Delta As Youths March Against Police Brutality
Hundreds of Nigerians are presently rallying in Ughelli, Delta State, to denounce rampant police brutality and extortion targeting Nigerian youths. In a video footage obtained by SaharaReporters, demonstrators are urging the leadership of the Nigeria Police Force, the Police Service Commission, and “all patriotic citizens” to address police officers who have adopted criminal behaviors while…
Petrol Subsidy is Back Under Tinubu – IMF
The International Monetary Fund (IMF) has raised concerns over the Nigerian government’s reinitiation of subsidies on premium motor spirit (PMS), commonly known as petrol, through undisclosed means. On May 29, 2023, during his inauguration speech, Bola Tinubu declared an end to petrol subsidies, leading to a surge in prices for goods and services nationwide. Shortly…