Author: Joy Gyakyor

Military officers on Wednesday announced they have seized power in Gabon dissolving all institutions and closing all of the country’s borders. According to the BBC, the officers said they were annulling the results of Saturday’s election which the opposition had denounced as “fraudulent” in the Central African nation. There was gunfire in the capital city of Libreville. There has been tension since Saturday’s presidential election where Ali Bongo aimed to continue a 55-year rule of the country by family. Gabon’s electoral body had announced Bongo as winner of a third term. Speaking on a TV Wednesday, a group of high-ranking…

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President Bola Tinubu has approved the appointment of a new Board and Management team of the Niger Delta Development Commission (NDDC). Special Adviser to the President on media and publicity, Ajuri Ngelale in a statement Tuesday said the list include the following: inclusive of the following Board and Management team members: Mr. Chiedu Ebie – Chairman – Delta Dr. Samuel Ogbuku – Managing Director / CEO – Bayelsa Mr. Boma Iyaye – Executive Director (Finance and Admin) – Rivers Mr. Victor Antai – Executive Director (Projects) – Akwa-Ibom Ifedayo Abegunde – Executive Director (Corporate Services) – Ondo Sen. Dimaro Denyanbofa…

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Minister of the Federal Capital Territory Administration (FCTA) Nyesom Wike, has urged contractors handling different projects in the FCT to return to site, promising that the government would ensure prompt payments, he said in a meeting Monday. Many of the contractors handling projects in the city had down tools following the exit of the President Muhammadu Buhari’s administration. The minister emphasized that the completion of major roads in Abuja was necessary to achieve a beautiful city.  Assuring the contractors that he was in the FCTA to solve problems, the minister said that completing some of the ongoing projects was part…

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Vice President Kashim Shettima on Monday disclosed that Nigeria was in a big mess and under the chain of poor governance but with potentials of greatness. The Vice President said, addressing the country’s fiscal and tax policies remain key to realizing Nigeria’s economic development. Shettima’s comments is coming few hours after the minister of finance and coordinating minister of the economy, Wale Edun announced that the present administration inherited a bad economy from former President Muhammed Buhari. “We are in a big mess, but I have confidence in your team. This is a great nation chained by poor governance, chained by…

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President Bola Tinubu will on Monday convene the first meeting of his cabinet, the Federal Executive Council (FEC), the country’s highest policy making body, this coming months after he was sworn -in on May 29. The President swore-in 45 ministers last week Monday after they were screened and confirmed by the Senate, charging them to support his government in building public confidence in Nigeria’s governance system. The President had earlier assigned portfolios to the ministers breaking the tradition where the cabinet members had had to wait for their inauguration before knowing the respective ministries they were supposed to supervise. Expectations…

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President Bola Tinubu on Sunday announced that his government will not sustain the failed economic theory that encourages the wastage of the country’s 90 percent scarce resources to servicing of external debts despite the several development challenges. Tinubu said the prosperity Nigerians require will only occur once poverty is banished with the focused cooperation of Nigeria’s private sector leaders. Special Adviser on media and publicity to the President Ajuri Ngelale in a statement said Tinubu who declared open the annual conference of the Nigerian Bar Association in Abuja, noted that “Can we continue to service external debts with 90% of…

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A senior government official on Sunday assured that the Nigerian National Petroleum Company Limited (NNPCL) followed due process in securing the $3billion emergency crude oil repayment loan from the African Export-Import (AFRIEXIM) Bank headquarters in Cairo, Egypt. The oil-for-cash loan is to be utilized to support the naira as it continues its free fall and also stabilise the foreign exchange market. A competent source privy to the loan arrangement told NewsQuest that President Bola Tinubu’s economic team was deeply involved in structuring the terms of agreement for the $3 billion loan. The source who prefers not to be quoted because…

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The Federal Capital Territory Administration (FCTA) on Saturday repaired a major water pipe that leaked along the Dutse area of Abuja that released huge volume of water causing panic among many residents.  NewsQuest correspondent gathered that the FCTA authority sent in words of commendation to the water board team for their proactive response in handling the pipe leakage. “Special appreciation to the mgt and staff of FCT Water Board for their prompt and professional intervention yesterday,” an official who does not want to be quoted in print said. “Numerous calls were received yesterday with videos of a major pipe burst along Dutse…

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President Bola Tinubu on Saturday urged the United States of America to do more in defence of democracy in Africa especially at a time when the region is under assault by anti-democratic forces within and outside of the continent. Special Adviser on media and publicity to the President Ajuri Ngelale in a statement said Tinubu met with the U.S. Presidential Envoy and Assistant Secretary of State for African Affairs, Ambassador Molly Phee at the presidential villa to ensure that American policy is intentionally collaborative with independent African democracies. President Tinubu said that American-backed development finance and multilateral institutions, which were…

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