Category: EDITORIAL
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Hifox News is the first and only thriving online news outlet devoted only to the distribution of news, operating in Nigeria’s wildly successful broadcast media sector. Follow us for more on all our social media platforms…
Tinubu government’s financial burden: significant obstacles
Last week, Chief Bola Ahmed Tinubu declared a 60% reduction in government officials’ travel expenses. Ajuri Ngelale, Special Advisor to the Chief on Media and Publicity, informed State House media on the president’s international travel plans. The vice president will travel with a delegation of five people, while the president will travel with twenty. The…
APC lawmakers ought to be questioned by the EFCC and ICPC, according to Wole Soyinka
Nobel laureate Prof. Wole Soyinka stated that certain members of the ruling All Progressives Congress (APC) ought to be responding to inquiries from anti-graft organizations regarding their involvement in corrupt activities while holding public office. This was said by Soyinka in a Channels Television interview on Wednesday. He declared that he will shine his spotlight…
10 things to know on Wednesday morning from Hifox News
Greetings for the morning! This is Hifox News’s summary for today: READ ALSO: “Why did I apologize before I left the office?” – Buhari – Hifox News
“Why did I apologize before I left the office?” – Buhari
Before he leaves office in 2023, President Muhammadu Buhari has explained why he apologized to Nigerians. According to the Daily Post, on May 29, 2023, outgoing President Buhari turned over power to President Bola Tinubu, a replacement from his party, the All Progressives Congress, or APC. Buhari stated that he didn’t intend to purposefully cause…
US court to give back to Nigeria more than ₦5 billion in stolen assets
A US court in New Jersey has decided to allow the return of assets estimated to be worth $8.9 million that were purportedly taken in 2014 by Nigerian government officials to their home nation. The Attorney General of Jersey reportedly delivered a forfeiture notice to the Royal Court of Jersey in November, according to the…
Shell to Offload Nigeria Onshore Oil Business for $1.3 Billion
Shell Plc has reached an agreement to offload its Nigerian onshore oil business to a consortium of local companies, marking a significant milestone in the energy giant’s global operations. The transaction, valued at over $1.3 billion, represents a historic move for Shell. Pending government approval, the deal aligns with Shell’s strategic objective of disengaging from…