Author: Samuel Akpenpuun

President Bola Tinubu will depart Abuja on Wednesday for a state visit to France, following an invitation from President Emmanuel Macron. A statement issued on Tuesday by Bayo Onanuga, Special Adviser to the President on Information & Strategy, explained that the three-day visit will focus on strengthening political, economic, and cultural relations, as well as establishing more opportunities for partnerships, particularly in agriculture, security, education, health, youth engagement and employment, innovation, and energy transition. The visit promises significant benefits for Nigeria. The statement also noted that President Tinubu and his wife, Sen. Oluremi Tinubu, will be received on Thursday at…

The University of Ibadan is set to construct a new Senate Building at Heritage Park, one of its popular recreational spots. A university senate building is a central administrative facility that houses the university senate, governing council chamber, offices, and other necessary facilities. The senate is the university’s highest decision-making body for academic matters. The Management’s decision to cut down rows of lined up trees at the famous Park has continued to generate flurry of reactions from alumni and students. Heritage Park is located along Oduduwa road, opposite Queen Elizabeth Hall. Besides a fountain being one of its distinguishing feature, the park…

The chairman of the All Progressives Congress (APC) in Edo state, Jarett Tenebe has said some lawyers are deceiving Asue Ighodalo, the governorship candidate of the Peoples Democratic Party (PDP) to go to court and challenge the September 21 election results. Speaking in an interview with TheNation, Tenebe said those urging Ighodalo to go to court are taking advantage of his inexperience in politics and are interested in collecting his money. “It is a victory for democracy, the rule of law, the good people of Edo State, and other well-meaning Nigerians who love democracy. What do you expect from the…

Anthony Fauci, the former director of the National Institute of Allergy and Infectious Diseases has congratulated Dr. Igho Ofotokun on his award by the National Foundation for Infectious Diseases (NFID). Ofotokun of Emory University School of Medicine,  received the 2024 Maxwell Finland Award for Scientific Achievement in recognition of an exceptionally productive career devoted to addressing systemic inequities in research, promoting women’s health, nurturing a global research programme targeting the prevention and treatment of disease, and mentoring the next generation of HIV clinical and translational researchers. Fauci wrote ” To Igho Ofotokun, Congratulation on your NFID award! Best personal regards. Tony Fauci”. An internationally renowned clinician-scientist, Ofotokun,…

President Bola Ahmed Tinubu has appointed seven new ministers into his cabinet. They are Ambassador Bianca Odimegwu Ojukwu, widow of the late Ikemba of Nnewi, Sir Chukwuemeka Ojukwu, as Minister of State for Foreign Affairs; and Jumoke Oduwole, ex-Executive Secretary to the Presidential Enabling Business Environment Council, as Minister of Industry, Trade and Investment. Others are Dr Nentawe Yilwatda, Minister of Humanitarian Affairs and Poverty Reduction; Muhammadu Maigari Dingyadi, Minister of Labour & Employment; Idi Mukhtar Maiha, Ministry of Livestock Development; Rt.Hon.Yusuf Abdullahi Ata, Minister of State, Housing and Urban Development; Dr Suwaiba Said Ahmad, Minister of State Education. Sunday Dare, former…

The Federal Competition and Consumer Protection Commission (FCCPC) on Tuesday distanced itself from reports circulating in the media that the commission plans to regulate prices in the Nigerian market.In a statement issued on Tuesday by its spokesman, Ondaje Ijagwu, he stated that price control is entirely outside the scope of their responsibilities.According to FCCPC, while external factors such as foreign exchange fluctuations and the removal of fuel subsidies have significantly impacted pricing, these do not justify unfair practices that exploit consumers.“We categorically assert that prices in a competitive marketplace are determined solely by the forces of supply and demand. Price…

The Nigeria National Petroleum Company Limited (NNPCL) has admitted that its financial strain may affect the sustainability of petrol supply. Its admittance came on the heels of reports that it is indebted to suppliers to the tune of about $6 billion. According to the reports, supply agents have been reluctant to make the product available. The development has forced the oil giant to resort to stock rationing and to prevail on major suppliers not to cut off supply. No fewer than five vessels meant for Nigeria have refused to discharge fuel to NNPCL due to fear of non-payment, one of…

Late Nigerian music icon Onyeka Onwenu, also known as Elegant Stallion, will be laid to rest today in Lagos. Onwenu passed away on July 30 at Reddington Hospital, Ikeja, after collapsing at an event honoring Dr. Stella Okoli, the Managing Director of Emzor Pharmaceuticals. The family has announced that the funeral service will be held at the Fountain of Life Church in Ilupeju, followed by a private burial at a vault in Ikoyi. According to the funeral flyer, the Service of Songs is scheduled from 10:00 AM to 12:00 PM, while the burial will take place from 2:00 PM to…

President Bola Tinubu has urged the newly appointed Brazilian ambassador to Nigeria, Carlos Areias, to prioritise the establishment of direct flights between Nigeria and Brazil. Tinubu revealed this in Abuja on Thursday after receiving the letter of credence from the Brazilian ambassador. He reiterated his discussions with President Lula da Silva of Brazil on the matter, in February, on the margins of the African Union Summit, in Addis Ababa, Ethiopia. The president expressed Nigeria’s commitment to working closely with Brazil to strengthen bilateral relations and advance shared priorities, welcoming the country’s presidency of the G20 in 2024. President Tinubu also…

President Bola Tinubu has appointed Rotimi Akinde and Ifeoma Uz’Okpala as Executive Director, Corporate Finance & Risk Management and Executive Director of, Large Enterprises Directorate respectively to the Bank of Industry (BOI). In a statement on Tuesday, a spokesman for the bank, Theodora Amechi, said the appointments take immediate effect. Akinde is a finance professional with over 20 years of Investment and Corporate Banking experience and an extensive track record covering capital raising (Debt, Equities and Hybrids) as well as Corporate Finance (Mergers & Acquisitions, Privatization Advisory and Project Finance). Before joining the Bank of Industry, he was an Associate…