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Group Chief Executive Officer (GCEO) of Nigerian National Petroleum Company Limited, Mele Kyari, has disclosed that the landing cost of Premium Motor Spirit(PMS), popularly called petrol is thrice N170 per litre. Kyari, stated this on Wednesday at the Legislative Transparency and Accountability Summit organised by the House of Representatives Committee on Anti-Corruption in Abuja . His declaration was coming barely two months after he told the resumed hearing of the ad hoc committee of the House of Representatives investigating subsidy regime from 2013 to date, chaired by Ibrahim Mustapha, that landing cost of petrol was N327.68 per litre. But less…
WESTERN PERSPECTIVE Ukrainian troops have reclaimed dozens of landmine-littered settlementsabandoned by Russian forces in southern Ukraine, officials said, the day after Moscow announced its withdrawal from the strategic capital city of Kherson province. CONFLICT * Ukrainian forces have liberated 41 settlements as they advance through the south of the country, President Volodymyr Zelenskiy said. * Ukraine's army chief Valeriy Zaluzhnyi said Kyiv could not yet confirm whether Russia was indeed pulling out of Kherson, but that Ukrainian troops had advanced7 km (4 miles) in the past 24 hours. * A small group of Ukrainian soldiers was shown on Ukraine's state…
Federal executive council (FEC) has approved the setup of a committee to examine, repurpose, privatise, or transfer ownership of unfinished and abandoned government structures. The decision was taken on Wednesday at the FEC meeting presided over by Vice-President Yemi Osinbajo. The committee, which will be chaired by minister of finance, is expected to examine projects initiated over the last five years. According to Clement Agba, minister of state for budget and national planning, the FEC also approved the creation of a database of national capital projects to track abandoned and uncompleted projects across the country. Agba said the initiative, under…
President Muhammadu Buhari, on Wednesday, met with King Charles III at Buckingham Palace in the United Kingdom. The meeting between the two leaders is the first since the ascension of King Charles III to the throne. Buhari travelled to the UK for medical checkup on October 31. The Cable
The United States and European Union plan to unveil a joint agreement at the U.N. climate summit this week to step up efforts to reduce emissions of the potent greenhouse gas methane from the fossil fuel sector, and are hoping other nations will sign up. A draft of the pledge, seen by Reuters, said the United States and EU will agree to target the energy sector with both domestic and international measures, such as policies to stop routine venting and flaring of natural gas, and require companies to fix leaks in their infrastructure. Both the United States and EU, the…
WESTERN PERSPECTIVE Moscow ordered troops to withdraw from near the strategic southern Ukrainian city of Kherson in a major setback as a top U.S. general estimated Russia has suffered more than 100,000 killed or wounded since invading its neighbour in February. Defence Minister Sergei Shoigu on Wednesday announced Russian forces would retreat from the west bank of the Dnipro River near Kherson in what could be a turning point in the war. Ukraine reacted with caution, noting some Russian forces remained in Kherson and reinforcements were being sent to the region. "They are moving out but not as much as…
Chairman, Federal Inland Revenue Service, FIRS, Muhammad Nami, yesterday said the service collected N7.5 trillion taxes in 2022 and also surpassed the Education Tax, ET, fund target for the year with N4 billion. Nami stated this during 2022 Tertiary Education Fund, TETFUND/FIRS joint interactive forum in Kano. Represented by the Kano State Coordinator, Hassan Sule, the Chairman said “It is noteworthy that despite the economic headwinds, particularly from the negative consequences of Covid-19, rising insecurity and the spill-over effects of the Russia-Ukraine war on the global economy, FIRS has continued to make progress in revenue mobilization for the three tiers…
Rauf Aregbesola, Minister of Interior, has written to the Nigerian Governors Forum to request a meeting in order to decongest jails around the country. This was made known to our correspondent by the Minister’s Media Adviser, Sola Fasure, on Tuesday. In exactly one month, Aregbesola stated he would meet with state governors to agree on the mass release of at least 30 per cent of convicts from correctional facilities across the country. The minister said that the interface was necessary as more than 90 per cent of the inmates were being held for contravening various state laws, noting that over…
Academic Staff Union of Universities (ASUU) says it is considering challenging the Federal Government in court for paying its members what it described as “so-called ‘pro-rata’ payment for 18 days as the October 2022 salaries of academic”. The union also said the government’s so-called ‘pro-rata’ payment, is not only an aberration, but a contravention of all known rules of engagement in any contract of employment for academics the world over. President of the union, Emmanuel Osodeke, who stated this after a marathon National Executive Council meeting which started on Monday and ended early Tuesday morning, argued that members of the…
Wednesday, 09 November 2022 06:46

What to know after Day 259 of Russia-Ukraine war

RUSSIAN PERSPECTIVE The Kiev government is in the process of orchestrating a provocation involving a dirty bomb or a nuclear power plant incident, Russian Ambassador to the US Anatoly Antonov said in an article published on Wednesday. "Today we face the threat of a radiation disaster. Kiev is planning to commit a provocation by exploding a 'dirty bomb.' Detonation of such radiological explosive device will have the magnitude comparable to an explosion of a low-yield nuclear weapon. The blast wave will disperse radioactive substances over the area of up to several thousand square meters. Contaminated territories will turn into an…
May 15, 2025

Decision making rule that helps you focus, make smarter choices, and think like a CEO

Marcel Schwantes Having coached executive leaders for two decades, I know they are bombarded with…
May 12, 2025

Northern leaders demand urgent action on insecurity, push for state police

Amid worsening insecurity across Nigeria, the 19 Northern governors and traditional rulers have called for…
May 14, 2025

The dark side of ambition - Tomas Chamorro-Premuzic

Ambition is one of the most defining forces in human affairs—a psychological engine that propels…
May 10, 2025

Town residents involutarily get high after Police burn 20 tons of confiscated cannabis

The 25,000 residents of Lice, a town in Turkey’s Diyarbakır province, involuntarily got high after…
May 14, 2025

Boko Haram, ISWAP terrorists attack four military bases in Borno within 24 hours, soldiers killed

Tension is rising in Borno State after Boko Haram and ISWAP insurgents attacked four military…
May 15, 2025

What to know after Day 1176 of Russia-Ukraine war

RUSSIAN PERSPECTIVE Kremlin names delegation for Ukraine talks Russian President Vladimir Putin late on Wednesday…
May 11, 2025

African diet – plantains and cassava can be as healthy as tomatoes and olive oil,…

Plantains, cassava and fermented banana drink should be added to global healthy eating guidelines alongside…
May 13, 2025

Nigeria's Flying Eagles qualify for World Cup after dramatic win over Senegal

Nigeria's U-20 national football team, the Flying Eagles, have secured their place at the 2025…

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