Ugborodo Community Calls on NDDC to Address Years of Neglect, Ensure Fair Project Distribution
The Ugborodo Community in Delta State has urged the Niger Delta Development Commission (NDDC) to put an end to what it described as decades of neglect, demanding equitable distribution of developmental projects. Community leaders stressed that fairness in project allocation is crucial to fostering peace and sustainable development in the oil-rich region.
FG Laments Low Agricultural Export Earnings, Below $400m Despite Sector’s Strong GDP Role
The Federal Government has expressed concern over Nigeria’s agricultural export performance, revealing that earnings remain below $400 million annually despite the sector’s significant contribution to the nation’s Gross Domestic Product (GDP). Officials say the imbalance underscores the need for improved value addition, better infrastructure, and stronger global competitiveness.
Owie Boosts ADC Membership by 40,000 in Edo, Vows to Uphold Party Supremacy
The African Democratic Congress (ADC) in Edo State has recorded a major boost with the addition of 40,000 new members under the leadership of Senator Roland Owie, who pledged to strengthen the party’s influence and ensure its supremacy in the state’s political landscape.
Nigeria Increases Insurance Capital Requirements Fivefold, Gives Firms One Year to Comply
The Nigerian government has announced a fivefold increase in minimum capital requirements for insurance companies, giving operators 12 months to meet the new threshold. Regulators say the move aims to strengthen the sector’s financial stability, enhance claims settlement capacity, and align Nigeria’s insurance market with global standards.
Appeal Court Voids N5bn Award, Removes Araraume as NNPC Chairman
The Court of Appeal has set aside a Federal High Court judgment awarding N5billion in damages to Senator Ifeanyi Araraume and declaring him Chairman of the Nigerian National Petroleum Company Limited (NNPCL). The appellate court’s ruling effectively nullifies his appointment and the compensation order, ending a prolonged legal battle with the Federal Government.
Tinubu Unveils $465m Plan to Revive Aluminium Smelter Company of Nigeria
President Bola Tinubu has announced a $465 million investment proposal aimed at revitalising the Aluminium Smelter Company of Nigeria (ALSCON). The initiative is expected to restore operations at the long-dormant facility, boost local production, create jobs, and strengthen Nigeria’s industrial base.
EFCC Raid: Obasanjo Library Seeks ₦3.5bn Damages, Gives 7-Day Ultimatum
The Olusegun Obasanjo Presidential Library has demanded ₦3.5 billion in compensation from the Economic and Financial Crimes Commission (EFCC) over a recent raid on its premises, giving the anti-graft agency seven days to comply or face legal action. The institution described the operation as unlawful and damaging to its reputation.
2027 Presidency: PDP Sets Up Zoning Committee, Denies Talks with Jonathan, Obi
The Peoples Democratic Party (PDP) has inaugurated a zoning committee to determine the party’s presidential ticket strategy for 2027, while dismissing speculation of alliance talks with former President Goodluck Jonathan and Labour Party’s Peter Obi. Party leaders say the panel’s work will guide preparations for a united and competitive campaign.
FIRS, Customs Join Forces to Advance National Single Window Project
The Federal Inland Revenue Service (FIRS) has partnered with the Nigeria Customs Service (NCS) to fast-track the implementation of the National Single Window project, aimed at streamlining trade processes, enhancing revenue generation, and boosting efficiency at Nigeria’s ports and borders.
Ooni Applauds Tinubu Over New FCC Appointment
The Ooni of Ife, Oba Adeyeye Enitan Ogunwusi, has commended President Bola Tinubu for appointing a new leadership at the Federal Character Commission (FCC), describing the move as a step toward promoting fairness, unity, and equitable representation across Nigeria’s diverse regions.
