Windfall tax: Nigerian banks spend $50m yearly on private jets – Otedola

Billionaire businessman, Femi Otedola, says Nigerian banks spend an estimated $50m annually on private jet maintenance. Otedola, the Chairman of First Bank Holdings, disclosed this in a statement on Wednesday while supporting the Federal Government’s Windfall Tax on Banks’ foreign exchange gains. According to him, the 70 percent Windfall tax which was recently passed by…

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Middle Belt Coalition laments non-implementation of 2014 confab report

The Coalition of Indigenous Middle Belt Organizations (CIMBO) has expressed dismay over the non-implementation of the 2014 Confab Report by the succeeding administration in the country. The Chairman of the Coalition, Mr Timothy B. Gandu, in a statement on Wednesday in Kaduna said, “The 2014 National Conference (2014 Confab) report recommended the creation of more…

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August 1 protest: Stop spreading fear – Oby Ezekwesili charges Nigerian govt

Former Education Minister, Oby Ezekwesili, has charged Nigerian Government against spreading fear ahead of the EnBadGovernance protest scheduled for August 1st. Ezekwesili said the protest is a valid way of Nigerians expressing their grievances over their situation. Posting on X, the former Minister declared her stand with the organisers of the protest. She wrote: “This…

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August 1: It shows lack of understanding – Global Rights, others warn against clampdown on protesters

The Global Rights and other frontline civil society organizations in Nigeria and around Africa have reminded the Nigerian Government that the right to peaceful protest is a pillar of democratic governance as constitutionally guaranteed. The associations said this ahead of the planned nationwide protest slated for the 1st of August, 2024. This was contained in…

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Ogun govt distributes working tools to 300 graduands of vocational training

The Ogun State Government through the Ministry of Women Affairs and Social Development has distributed sewing machines, locally made ovens, pedicure boxes, stoning machines, and industrial burners, among others, to over 300 trainees in different vocational skills. The trainees which include out-of-school children, unemployed youths, and women were trained in fashion designing, catering, hairdressing, cosmetology…

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Nasarawa lawmakers return home to persuade constituents against protest

The Nasarawa State House of Assembly (NSHA) has suspended its plenary for the week, allowing members to return to their constituencies to dissuade residents from participating in the planned 10-day nationwide protest starting August 1. This decision, aimed at maintaining peace and promoting national development, was announced by the Speaker, Danladi Jatau following a motion…

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Dunni Aladefa: Profile of an impeccable petroleum regulator, Farouk Ahmed

Leadership is a demanding vocation requiring in the first instance, knowledge, vision and capacity. In addition to the qualities outlined above, an individual aspiring to leadership must possess, nerves of steel, foreberance and empathy, for leadership challenges the entire spectrum of an individual’s physiological candidate psychological composition. It is trite to remark that every society,…

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