Politics

The house of representatives has approved the revised N43.56tn 2024 budget after adopting the report of the house committee on appropriations. The approval followed the conclusion of clause-by-clause consideration by the committee of supply and the passage of the budget for third reading at plenary on Tuesday. Tajudeen Abbas, speaker …

BY BLAISE UDUNZE Nigeria’s refining crisis is one of the country’s most enduring economic contradictions. Africa’s largest crude oil producer, strategically located on the Atlantic coast and home to over 200 million people, has for decades depended on imported refined petroleum products. This illogicality has drained foreign exchange, weakened the …

The Delta House of Assembly on Monday passed the state appropriation bill of N1.729 trillion for the 2026 fiscal year. The budget was approved by voice votes at a plenary presided over by the Speaker, Mr Dennis Guwor in Asaba. The passage of the appropriation bill followed the presentation of …

The Senate on Monday expressed concern over the Federal Government’s multiple budget implementations within the 2025 fiscal year. Senators from the Committee on Finance raised the concern at an interactive session with the federal government economic management team on the 2026-2028 Medium Term Expenditure Framework ( MTEF)and Fiscal Strategy Paper …

Today at the Osun African Democratic Congress governorship primary, history was made as Rt. Hon. Dr. Najeem Folasayo Salaam emerged as the party’s candidate for the 2026 Osun State governorship election. The primary was peaceful, transparent, and well coordinated, allowing party members from across the state to freely express their …

  A faction of Benin’s military on Sunday declared that it had removed President Patrice Talon from office, triggering uncertainty in the normally stable West African nation. Appearing on state television, soldiers identifying themselves as the Military Committee for Refoundation (CMR) announced that they had met and resolved to depose …

BY BLAISE UDUNZE   Is Nigeria, Africa’s largest economy, economically broke? It is a question no patriotic citizen wants to confront, yet one that confronts every Nigerian daily at the fuel pump, the market stall, the school gate, the hospital reception, and increasingly, in the national accounts. The country’s fiscal …

The Nigerian Senate has uncovered large-scale financial discrepancies in the oil sector, revealing that about $303 billion was allegedly stolen from local and international crude oil transactions. The revelation came through the Senate Committee on Investigating Incessant and Nefarious Acts of Crude Oil Theft in the Niger Delta, which said …

BY BLAISE UDUNZE  When a nation is bleeding economically, with inflation at historic highs and citizens gasping for survival, one expects government policy to offer relief, not suffocation. Yet, President Bola Ahmed Tinubu’s approval of a 15 per cent import duty on petrol and diesel does the exact opposite for …

Governor Babajide Sanwo-Olu has credited President Bola Tinubu’s bold policies for fostering market stability and empowering women, saying the Renewed Hope agenda is becoming a reality after two years of citizens’ patience. Speaking on Thursday at the 25th anniversary of the National Women’s Conference, organised by the Committee of Wives …