Author: TheScrutinyNG

The Nigerian National Petroleum Company Limited (NNPC Ltd.) on Monday disowned reports in some sections of the media alleging that it inflated subsidy claims by N3.3trillion. A statement issued by Olufemi Soneye, Chief Corporate Communications Officer, NNPC Ltd., stated that the company had always conducted its businesses accountably and transparently, with international best practices. Soneye said NNPC Ltd. had at no time inflated its subsidy claims with the Federal Government, noting that all previous subsidy claims by the company were verifiable, as relevant records and documents had been sent to relevant authorities and agencies. He said that NNPC Ltd. was…

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In the ongoing 2026 World Cup Qualifier against Benin Republic, the Super Eagles of Nigeria chose to sing the “Arise O Compatriots” anthem instead of the newly reinstated “Nigeria We Hail Thee.” This change comes despite President Bola Tinubu’s recent signing of the National Anthem Bill 2024, which restores the older anthem. During the match at the Felix Houphouet-Boigny Stadium in Abidjan, the Super Eagles lined up with Nwabali in goal, Bassey, Tanimu, Ajayi, and Osayi-Samuel in defense, Ndidi, Onyeka, and Iwobi in midfield, and Chukwueze, Lookman, and Moffi leading the attack. Coach Finidi George opted to start Victor Boniface…

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Apple on Monday will attempt to persuade doubters on its AI strategy after rivals raced ahead in adopting artificial intelligence. AI and perhaps even a partnership with ChatGPT-maker OpenAI will likely be a driving theme at the kickoff of Apple’s WWDC developers’ conference in Silicon Valley, according to analysts. The conference is Apple’s annual rendezvous for developers who create apps for iPads, Macs and iPhones — and CEO Tim Cook will work hard to convince his audience that the company is a major AI player. While Apple has been quietly including AI features in its hardware for years, it has…

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Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the government of president Bola Tinubu “over the failure to publish spending details of the loans obtained by the governments of former presidents Olusegun Obasanjo, Umaru Musa Yar’Adua, Goodluck Jonathan and Muhammadu Buhari.” The suit was filed against the Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, and the Debt Management Office (DMO). In the suit number FHC/L/CS/353/2024 filed last Friday at the Federal High Court, Lagos, SERAP is asking the court to “direct and compel the Tinubu government to publish the loan agreements obtained…

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Two Nigerian women’s weightlifters, Rafiatu Folashade Lawal and Joy Ogbonne Eze have qualified for the Paris 2024 Olympic Games in their weight classes after the International Weightlifting Federation (IWF) recently ratified their qualifications. Rafiatu Lawal (women’s 59 kg) and Joy Eze (women’s 71 kg) secured two of the top ten slots in their weight divisions based on the International Weightlifting Federation’s (IWF) Olympic qualification ranking finals. In a press statement sent to the Nigeria Olympic Committee jointly signed by the IWF President, Mohammed Jaloud and General Secretary, Antonio Urso and made available to the President, Nigeria Weightlifting Federation (NWF), Dr.…

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President Bola Tinubu has approved the naming of the M18 road infrastructure in Guzape District, Abuja after renowned novelist, Chinua Achebe. The President stated this during his address at the inauguration of the road in Abuja on Saturday, June 8. This was contained in a post by Special Assistant to President Tinubu on Social Media, Olusegun Dada. He wrote: “President Bola Ahmed Tinubu Commissions the M18 road infrastructure in Guzape District of Abuja. Names road after Nigerian Novelist and Poet, late Professor Chinua Achebe.”

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The Naira on Friday recorded loss at the official market, trading at N1,483.99 to the dollar. Data from the official trading platform of the FMDQ Exchange, a platform that oversees the Nigerian Autonomous Foreign Exchange Market (NAFEM), revealed that the Naira lost N2.50. This represents a 0.16 percent loss when compared to the previous trading date on Thursday, trading at N1,481.49 to the dollar. However, the volume of currency traded increased to $269.27 million on Friday up from $213.31 million recorded on Thursday. Meanwhile, at the Investor’s and Exporter’s (I&E) window, the Naira traded between N1,507.00 and N1,399.00 against the…

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Governors under the aegis of the Nigerian Governors Forum have rejected the proposed N60,000 minimum wage for Nigerian workers. In a statement issued on Friday by the Director of Media and Public Affairs for NGF, Halimah Salihu Ahmed, the governors said the proposed minimum wage is too high and not sustainable. NGF expressed concerns that if the N60,000 minimum wage is adopted, many states would allocate their entire Federal Account Allocation Committee funds to salaries, leaving no resources for development projects. The statement read in part, “The Nigeria Governors’ Forum is in agreement that a new minimum wage is due.…

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More infrastructure and urban renewal projects are coming, President Bola Ahmed Tinubu said yesterday. He spoke while inaugurating roads B6, B12, and Circle Road in the Central Area District of Abuja. President Tinubu restated his administration’s commitment to infrastructural development and urban renewal. He described it as “a cornerstone of our vision for a more prosperous and much more connected Nigeria”. In the heart of Abuja, Road B6 (Constitution Avenue) and Road B12 (Independence Avenue) connect the three-arms zone, cultural and diplomatic areas, ministries, state liaison offices and corporate and commercial offices. The President believes the projects will reduce traffic…

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