The United Nations has again predicted that 82 million Nigerians, about 64 per cent of the country’s population, may go hungry by 2030, calling on the government to tackle climate change, pest infestations, and other threats to agricultural productivity. The prediction comes in the wake of a persistent hike in food prices in the country. According to the National Bureau of Statistics, Nigeria’s food inflation rate hit a record high of 40.66 per cent in May 2024, surpassing the previous month’s 40.53 increase. This surge represents the largest year-on-year increase in food prices since records began in 1996. Historically, food…
Author: Daily News Hub
Mr Olubukola Akinwumi, a Deputy Director at the Central Bank of Nigeria (CBN), on Friday explained how Nigerians trading on Binance Holdings Limited’s platform use false names in the transactions. Olubukola, who is the Economic and Financial Crimes Commission (EFCC)’s 2nd prosecution witness (PW-2) in the ongoing trial of Binance and its executive, Tigran Gambaryan, told Justice Emeka Nwite of a Federal High Court, Abuja, while giving his testimony. The News Agency of Nigeria (NAN) reports that the EFCC had filed a five-count charge against Binance and Gambaryan (1st and 2nd defendants) bordering on money laundering offences. The anti-graft agency…
. See full list The newly-elected Prime Minister of the United Kingdom, Keir Starmer has announced his first cabinet appointments following the Labour Party’s decisive victory in the general election. This landmark win ends 14 years of Conservative governance. After being invited by King Charles III to form a government during a meeting at Buckingham Palace on Friday, Starmer swiftly began shaping his administration. Angela Rayner, 44, has been appointed Deputy Prime Minister and will also serve as the Minister for Levelling Up, Housing, and Communities. This was Starmer’s first cabinet confirmation, with Downing Street making the announcement shortly after…
Travellers and motorists have been groaning following fuel scarcity across various filling stations in the nation’s capital, Abuja. This is just as the Major Energy Marketers’ Association of Nigeria (MEMAN) blamed the situation on supply chain disruption even as the situation is a little bit calm in Lagos except pockets of long queues at some major filling stations. Daily Trust findings showed that filing stations of both the independent and major oil marketers within Abuja city and some area councils of the FCT have remained closed without fuel. A visit by our reporter to some of the filling stations especially…
Rivers State Governor, Siminalayi Fubara says he is neither deterred nor worried by Thursday’s Appeal Court judgment which returned Martin Amaewhule and 24 other lawmakers to the state House of Assembly. The Appeal Court had nullified the order of a Rivers State High Court which restrained Amaewhule and the other lawmakers loyal to the Minister of the Federal Capital Territory, Nyesom Wike, from parading themselves as lawmakers. The court also said only the Federal High Court has the jurisdiction to entertain the matter of the lawmakers. Meanwhile, Fubara has assured all that his administration will not waver in its commitment…
Police operatives and troops of the Nigerian Army Guards Brigade have arrested no fewer than six bandits during clearance operations in the Federal Capital Territory. During the operations, the security operatives also destroyed identified camps of bandits in Kaduna and Niger States. FCT police command spokesperson, Josephine Adeh, in a statement on Friday, said the six bandits were arrested at the hideout of a bandit kingpin, Gidan Dogo and Jerei forests in Kaduna State. The statement read, “In the continued effort and stride against criminality in the Federal Capital Territory, the operatives of the FCT police command from the anti-kidnapping…
Tunde Odesola (Published in The PUNCH, on Friday, June 5, 2024) The flamboyant Ojude Oba festival of flourish and colours is nothing but the cat’s pyjamas. The lavishness of the Ijebu and their thriftiness are bemusing contradictions. As a matter of fact, the Ijebu and their intimidating panache are just the cat’s meow. Pomp, power, pleasure and pain, inscribe industry, grit and glamour in the Ijebu DNA. The Ijebu are different, so said their wise king, Awujale Sikiru Adetona, the Ogbagba Agbotewole II, when he traced Ijebu roots to Sudan, saying there was life before Ile-Ife. The Ijebu are just…
Agency Report Rishi Sunak has said he takes responsibility for the brutal loss in the General Election as he resigned as Prime Minister and Conservative Leader. The Prime Minister appeared outside Downing Street thanking staff and Conservative candidates. Sunak also confirmed he would stand down as Conservative Party leader when “arrangements are in place.” After stepping out onto a drizzly Downing Street, he said: “I will shortly be seeing His Majesty the King to offer my resignation as Prime Minister. “To the country, I would like to say first and foremost, I am sorry. I have given this job my…
Security has been beefed up around the head office of the Economic and Financial Crimes Commission located on Awolowo Road, Ikoyi, Lagos. The anti-graft agency had recently raised the alarm that some groups were planning a series of protests against the EFCC. Heavily armed policemen attached to the Lagos State Anti-Crime Outfit – Rapid Response Squad are stationed in their vans in strategic routes leading to the Lagos EFCC office. Armed operatives of the Department of State Services are also part of the joint security forces manning the routes with patrol vans, heavy anti-riot gun trucks and Black Marias. The…
Segun Babatunde, Gombe Gombe State Governor, Alhaji Muhammadu Inuwa Yahaya is set to receive a distinguished award for excellence in governance. The award will be presented to the Governor by President Bola Ahmed Tinubu, GCFR during the 2024 Nigeria Excellence Awards in Public Service (NEAPS) at the Presidential Villa in Abuja tomorrow, Saturday, 6th July, 2024. According to a Press release issued by Ismaila Uba Misilli,Director-General(Press Affairs),Government House, Gombe which was made available to Journalists Friday, Inuwa Yahaya will be honoured as the best performing Governor in Governance, Health Sector, in recognition of his significant contributions to healthcare development in…