The Federation Account Allocation Committee (FAAC) has disbursed N2.225 trillion as federation revenue for August 2025 — the highest ever allocation to the three tiers of government and other statutory recipients. This marks the second consecutive month that FAAC disbursements have crossed the N2 trillion mark. The revenue, shared at the August 2025 FAAC meeting…
Former presidential candidate and Labour Party leader, Peter Obi, on Tuesday, September 16, 2025, met with the leadership of Afenifere, the pan-Yoruba socio-political organisation, to discuss Nigeria’s pressing challenges and pathways to national unity. The meeting, held under the chairmanship of Oba Oladipo Olaitan, who also heads a coalition of ethnic nationality groups including PANDEF…
The federal government says it has disbursed up to N330 billion in direct cash transfers to poor and vulnerable households across the country as part of its revamped social protection programme. Wale Edun, minister of finance and coordinating minister of the economy, spoke on Wednesday in Abuja. Edun said the government resumed full implementation of…
GISTSMATE MEDIA reports that President Bola Tinubu has suspended the six-month emergency rule he imposed on Rivers State. He has, therefore, restored Siminalayi Fubara and Ngozi Odu as the governor and deputy governor of the state, respectively. The president also announced that all suspended House of Assembly members in the state would return to their…
The Muslim Rights Concern (MURIC) has rejected the claim by the Alaafin of Oyo, Akeem Owoade, that he has the exclusive right to appoint the Chief Imam of Oyo town. MURIC’s founder and executive director, Ishaq Akintola, said on Wednesday that no law gives the monarch such power. His words: “The Alaafin of Oyo, Oba…
Former Speaker of the House of Representatives, Yakubu Dogara, has attributed the decline in the value of the naira to the economic policies of the previous administration, which printed and injected N22.7 trillion into the economy. Dogara also described the foreign loan and crude oil-tied measures that sustained it as nothing short of voodoo economics….
Muhammad Sanusi II, Emir of Kano and former governor of the Central Bank of Nigeria (CBN), says the removal of the petrol subsidy prevented Nigeria from sliding into bankruptcy. Sanusi made the remarks on Saturday at the second edition of the Kano International Poetry Festival (KAPFEST), organised by the Poetic Wednesdays Initiative. The monarch described…
Human rights activist and presidential candidate of the African Action Congress (AAC) in the 2023 general election, Omoyele Sowore, Activist, Omoyele Sowore who police said was arrested over criminal offense, Omoyele Sowore who has just been released from detention, Omoyele Sowore, scrapp jamb, NYSC, Human rights activist and presidential candidate of the African Action Congress…
Former presidential candidate of the Social Democratic Party, SDP, Adewole Adebayo has highlighted three areas where President Bola Tinubu has made progress in managing Nigeria’s economy. Speaking on Channels Television’s Politics Today on Tuesday, Adebayo said: “It’s obvious that the economy that President Buhari left was a poorly managed economy, and was an emergency room…
The Presidency has stated that the ongoing government investments in infrastructure have helped lift over 10 million Nigerians out of multidimensional poverty. This was made known by the Special Adviser to the Presidency on Economic Matters, Tope Fasua in an interview with Channels on Tuesday. Fasua explained the central role of infrastructure development in addressing…