BREAKING:

Another Grid Setback Experienced.

President Joe Biden has call to extend his congratulations to President-elect Donald Trump and has invited him to the White House, according to AP.

President Bola Tinubu warmly congratulates President Donald Trump on his successful re-election as the 47th President of the United States of America.

President Tinubu is eager to enhance the relationship between Nigeria and the United States, particularly in light of the intricate challenges and opportunities presented by today's global landscape.

“Together, we can foster economic cooperation, promote peace, and address global challenges that affect our citizens,” the president said.

General Taoreed Abiodun Lagbaja, Chief of the Army Staff, is dead.

The FG has overturned an 18-year standard for admissions in tertiary institutions.

The recently appointed Minister of Education, Dr. Tunji Alausa, has eliminated the 18-year age requirement for admission to higher education institutions across the nation.

The minister emphasized that there will be no change in the federal government’s decision to nullify more than 22,700 degree certificates acquired by Nigerians from certain "fake" universities located in neighboring Togo and Benin Republic.

On Tuesday, Alausa addressed the media during his first ministerial press conference currently taking place in Abuja.

BREAKING: EFCC has arrested Ifeanyi Okowa, the former governor of Delta State, on accusations of misusing funds derived from resource allocation.

BREAKING: President Bola Tinubu has instructed the release of all minors who were apprehended and detained during the #EndBadGovernance protests.

Wale Edun, the Minister of Finance and Coordinating Minister of the Economy, has firmly asserted that President Bola Tinubu’s reforms in the foreign exchange and oil and gas sectors are irreversible.

Edun shared this information during a meeting with Doris Uzoka Anite, the newly appointed Minister of State for Finance, at the Ministry’s headquarters on Monday.

He said, “Nigeria now have a foreign exchange rate that is market based and also a deregulated oil market pricing which are two reforms that are long overdue over many decades that President Tinubu is currently implementing.

“Therefore as co-ordinating minister of economy, we stand on a threshold of a new dawn to implement these reforms and increase productivity, create jobs and reducing poverty and we are glad to have a minister of state that will help in actualizing the President’s reforms.”

The Court of Appeal has reversed the conviction of former Chief Justice of Nigeria, Walter Onnoghen, by the Code of Conduct Tribunal. The Court concluded that the Tribunal did not have jurisdiction in this matter and further ordered that all his frozen accounts be released back to him.

"Alhaji Atiku's ideas, which lacked details, were rejected by Nigerians in the 2023 poll." - Presidency Response to Alhaji Atiku Abubakar.

In a statement released by Bayo Onanuga
Special Adviser to President Tinubu.

Statement reads: “We have just read a statement credited to former vice president Alhaji Atiku Abubakar, in which he tried to discredit President Bola Tinubu's economic reform programmes while pushing his untested agenda as a better alternative.

“First, Alhaji Atiku's ideas, which lacked details, were rejected by Nigerians in the 2023 poll.

“If he had won the election, we believe he would have plunged Nigeria into a worse situation or run a regime of cronyism.

“Abubakar lost the election partly because he vowed to sell the NNPC and other assets to his friends. Nigerians have not forgotten this, nor would they be comforted by Atiku’s antecedents when he ran the economy in the first term of President Olusegun Obasanjo’s government between 1999 and 2003.

“As vice president, Atiku supervised a questionable privatisation programme. He and his boss demonstrated a lack of faith in our educational system, and both went to establish their universities while they allowed ours to flounder.

“Talk is cheap. It is easy to pontificate and deride a rival’s programmes even when there are irrefutable indices that the economic reforms yield positives despite the temporary difficulties.

“Despite the futile attempt to hoodwink Nigerians again in his statement, it is gratifying that the former Vice President could not repudiate the economic reforms pursued by the Tinubu administration because they are the right things to do.

“His advocacy for a gradualist approach only showed that he was not in tune with the enormity of problems inherited by President Tinubu.

“It is so easy to paint a flowery to-do list. It is expected of an election loser.

“President Tinubu met a country facing several grave challenges. Fuel subsidies were siphoning away enormous resources we could ill afford, and there was criminal arbitrage in the forex market.

“No leader worth his name will allow these two economic disorders to persist without moving to end them surgically.

“While advocating for gradual reforms may sound appealing, Tinubu took measures that should have been taken decades ago by Alhaji Abubakar and his boss when they had the opportunity.

“Alhaji Abubakar calls for empathy and a human face to reforms. We have no problem with this as it resonates well with our administration's focus. President Tinubu has consistently emphasised the need for compassion and protection of the most vulnerable.

“The administration has prioritised social safety nets and targeted support for those affected by recent economic transitions.”

“An international trading company has recently hired a depot facility next to the Dangote Refinery, with the objective of using it to blend substandard products that will be dumped into the market to compete with Dangote Refinery's higher quality production.” - Dangote alleged.

We're selling fuel at N960 per litre for ships while N990 per litre for trucks. - Dangote

The Attorney General of the Federation and Minister of Justice, Lateef Fagbemi (SAN), has initiated steps to withdraw the charges against the 32 minors who were presented before Justice Obiora Egwuatu at the Federal High Court in Abuja.

The attorney representing all 119 defendants, Marshall Abubakar, stated that actions are underway to dismiss the charges against the minors this week, particularly following the Attorney General's request for the case file to be transferred.

He stated, “The government has been calling; the AGF has called. I think, most likely, by next week (this week) we will get the charges thrown out.”

The Zenith Labour Party has won 15 out of 17 chairperson positions in the local government elections in Abia.

The Young Progressives Congress won in the Osisioma and Ugwunagbo Local Government Areas.

The Chairman of the Abia State Independent Electoral Commission, Prof. Chima George, announced the results.

PRESS RELEASE

Endbad governance protest: AGF intervenes, seeks casefile from police

It has just come to my notice that the police have arraigned those arrested in connection with the endbad governance violent protest in court for various offences including treason.

There are some issues my office will need to look into regarding the matter to enable me take an informed decision.

I am aware that the court has remanded the defendants in detention centres and adjourned the case to January.

It is not within my power to vary the order of the court remanding the defendants in detention centres and adjourning the case to January. I have, however, directed the Nigeria Police to transfer the casefile to my office and hand over same to the Director of Public Prosecution of the Federation (DPPF) tomorrow, Saturday 2nd November, 2024.

I have further directed the DPPF to immediately put machinery in motion for consideration of the court to bring the adjournment date forward (an earlier date).

Attorney General of the Federation and Minister of Justice,
Prince Lateef Fagbemi (SAN)
November 1, 2024

BREAKING: Governor Uba Sani has sanctioned a new minimum wage of ₦72,000 for civil servants in Kaduna State, which will take effect in November 2024.

BREAKING: The National Economic Council has decided to withdraw the tax bill from the National Assembly in order to facilitate broader discussions.

The NLC is evaluating the call for a fresh assessment of the minimum wage in light of the increasing cost of living.

The NLC has indicated that it might call on the federal government to undertake a new review of the minimum wage in response to the rising cost of living.

President Joe Ajaero shared this information during the 8th Quadrennial Delegates Conference of the National Association of Nigeria Nurses and Midwives (NANNM). He emphasized that organized labor will firmly advocate for the government to fulfill its commitment to recommission the Port Harcourt, Warri, and Kaduna refineries.

He said: “As it is today, our choices are very limited. It is either we find a way to collectively overcome the forces that are bent on keeping us down as a people or we completely surrender to them while wringing our hands in hopelessness.

“The forces of neoliberalism must be challenged and the trade union movement remains the only viable force in Nigeria and in the world that can creatively engage it and mitigate its stranglehold on our nation.

“We must offer strong counterpoise to their prebendal logic and must proffer newer arguments to triumph over their quest for profit at the detriment of the social will. It is only by remaining strong and united that we can hope to achieve that.

“It is sad, but we cannot afford to keep our public refineries shut while still importing refined petroleum products. We demand a review of our salaries in lieu of its eroded values.

‘’We must together demand the re-commissioning of Port Harcourt, Warri and Kaduna refineries in keeping with the agreement we had with the federal government on the 5th day of October, 2023.

“We therefore counsel the leadership that will emerge today, remember that your role is critical to securing the welfare of our healthcare workers. True leadership transcends titles and positions; it is reflected in the impact you have on the lives of those you serve.

“Advocating for fair working conditions, championing healthcare workers’ rights, and striving for equity are not just duties—they are the marks of meaningful leadership.”

BREAKING: The Senate has passed the Tax Reform Bills for the first reading.

This bill are:
Joint Revenue Board (Establishment) Bill, 2024.

Nigeria Revenue Service (Establishment) Bill, 2024.

Nigeria Tax Administration Bill, 2024 (SB. 585).

2023 Rankings of States Based on Their Dependency on FAAC:

1. Bayelsa: 92.17%

2. Akwa Ibom: 86.29%

3. Delta: 83.88%

4. Taraba: 81.89%

5. Niger: 80.19%

6. Benue: 79.85%

7. Anambra: 76.94%

8. Bauchi: 75.33%

9. Cross River: 74.87%

10. Nasarawa: 74.55%

11. Gombe: 72.29%

12. Enugu: 70.68%

13. Edo: 70.24%

14. Kano: 70.24%

15. Borno: 67.32%

16. Abia: 66.78%

17. Adamawa: 65.70%

18. Imo: 64.89%

19. Yobe: 64.65%

20. Katsina: 64.21%

21. Ekiti: 63.36%

22. Jigawa: 63.23%

23. Kogi: 61.29%

24. Rivers: 60.44%

25. Osun. 60.11%

26. Kaduna: 58.59%

27. Kebbi: 58.30%

28. Kwara: 57.62%

29. Ebonyi: 57.05%

30. Plateau: 56.05%

31. Sokoto: 55.67%

32. Ondo: 55.38%

33. Oyo: 46.38%

34. Zamfara: 45.04%

35. Ogun: 31.95%

36. Lagos: 26.55%

Source: BudgIT