Author: Vincent Osuwo

Nigerian politician and activist Aisha Yesufu has aimed a subtle criticism at Omoyele Sowore, the candidate of the African Action Congress (AAC) in the 2023 presidential election. In a statement on X on Wednesday, Yesufu, who extolled President Bassirou Diomaye Faye for becoming the president of Senegal at 44- years -old, berated Nigerian “youth” over their inability to get to the corridors of power in Nigeria. “The youth we have in Nigeria, even when they start a party, want to remain chairman and presidential candidate at the same time,” she said. “Even if they were imprisoned, they would not ask…

Nigerians are agog with the news of the arrest of controversial Nigerian cross-dresser Idris Okuneye, popularly called Bobrisky.  Chronicle NG reports that the Economic and Financial Crimes Commission (EFCC) arrested and detained the cross-dresser over abuse of naira, spraying of naira notes, and currency mutilation. Confirming the development on Thursday, the spokesperson for the EFCC, Dele Oyewale, noted that Bobrisky would be charged in court. “Bobrisky is with us. He was arrested last night in Lagos, and he is at our Lagos command. We arrested him for alleged abuse of naira notes, spraying naira notes, and currency mutilation, among others.”…

President Bola Tinubu has suffered severe criticism amid the signing into law of the National Student Loan Amendment bill.  Chronicle NG reported on Wednesday that Tinubu signed the National Student Loan Amendment Bill into law. The new legislation revoked the previous Student Loans (Access to Higher Education) Act of 2023 and re-enacted the Student Loans (Access to Higher Education) Bill of 2004. The executive bill creates the Nigerian Education Loan Fund, a corporate body entrusted with receiving, managing, and investing monies to give loans to Nigerians seeking higher education, vocational training, and skill acquisition programs. However, the signing into law…

Rivers State Governor Siminalayi Fubara has warned that he will surprise those who see his sincere determination to implement the presidential peace accord as a show of weakness.  Fubara stated that he had received numerous comments in the media regarding the implementation of the peace initiative and had opted to remain silent out of maturity and wisdom. However, the governor stated that it was critical to correct the record for clarity and that accepting President Bola Tinubu’s involvement and accompanying agreement was a political solution. This was said in a statement published on Wednesday in Port Harcourt by his Chief…

The Labour Party announced on Wednesday that the house of its national chairman, Julius Abure, was damaged by fire in the early hours of the day.  Obiora Ifoh, the party’s National Publicity Secretary, confirmed this in a statement released on Wednesday. He also stated that there was an assassination attempt on the chairman. The statement read, “His residence was gutted by a mysterious fire that started a few minutes after 1 a.m. while Abure and members of his family were asleep. “According to a member of the family who narrated the incident, the family was woken up by neighbors and…

President Bola Tinubu has signed the National Students Loan Amendment Bill into law. The President of the Senate, Senator Godswill Akpabio; Deputy Senate President, Senator Jibril Barau; ministers; and important stakeholders in the nation’s education sector all attended the bill’s signing in the State House in Abuja. The new legislation revoked the previous Student Loans (Access to Higher Education) Act of 2023 and re-enacted the Student Loans (Access to Higher Education) Bill of 2004. The executive bill creates the Nigerian Education Loan Fund, a corporate body entrusted with receiving, managing, and investing monies to give loans to Nigerians seeking higher…

Amid the rising cost of goods and services and the high rate of insecurity in the country, Nigerian leaders have been described as “criminals” by a dissatisfied Nigerian. In a statement on X on Wednesday, an X user, simply identified as Folarin (@Folarin_bobo), alleged that Nigerian leaders always make policies that inflict hardship and “impoverish” the populace. Folarin made the statement while reacting to the news of the planned 300% hike in electricity tariffs by the federal. The Bola Tinubu administration is set to increase the electricity tariff by 300 percent to reduce government spending since it can allegedly no…

The Bola Tinubu administration is set to increase the electricity tariff by 300 percent to reduce government spending since it can allegedly no longer afford the huge amount it pays to subsidise electricity annually. A report by Bloomberg on Tuesday disclosed that electricity companies in Nigeria will soon have the government’s say-so to hike tariffs from N68 per kilowatt-hour to N200 per kilowatt-hour for urban consumers in April. Urban consumers occupy about 15 percent of the population and consume 40 percent of the nation’s energy, the report said. The report was based on conversations with multiple government officials who were…

Africa’s prolific businessman and President/CEO of Dangote Group of Industries, Alhaji Aliko Dangote, has been berated over claims he will “worsen the price of fuel” in the country. These were the remarks of an X user simply identified as The Scientist (@idealist90). In a statement on X on Wednesday, the social media user alleged that Africa’s richest man would skyrocket the price of Premium Motor Spirit (PMS) in the country. His comment comes amid jubilation over the reduction of the price of diesel at his privately owned refinery. Chronicle NG reports that Dangote refinery has reportedly started selling diesel at…

Dangote refinery has reportedly started selling diesel at N1,225 per litre, which has led to a drop in prices.  Dangote refinery is expected to begin the sale and supply of premium motor spirit (PMS) by May 2024. According to reports, the cost of diesel at the pump has recently decreased, falling from approximately N1,700 per litre a few weeks ago to around N1,350 per litre in certain areas across the country as a result of the Dangote Petroleum Refinery selling the product. According to plant officials and oil dealers, they sold the product to vendors for between N1,225 and N1,300…