Anambra State Government has said it is repaying loans obtained by previous administrations, including those of former governors Peter Obi and Willie Obiano. The State Commissioner for Finance, Izuchukwu Okafor, made this revelation on Sunday while speaking on the Ndi Anambra podcast released by the state government’s New Media team. According to him, the inherited obligations remain part of its financial commitments despite the decision of the Chukwuma Soludo administration not to take fresh commercial bank loans since it came into office. The commissioner explained the state’s current financial position and the steps taken by the Soludo administration to reduce…
Author: StudNG
Dangote Refinery’s Initial Public Offering, IPO officially kicked off on the Nigerian Exchange Limited, NGX on September 14, 2026. The President of Dangote Group, Aliko Dangote, sounded the NGX gong as the 700,000-barrel-per-day refinery became the first refinery ever offered on the Nigerian stock market in the Exchange’s 66-year history. In his remarks, Dangote said the refinery is the largest supplier of jet fuel to Europe. According to him, Europe should thank Nigeria under the leadership of President Bola Ahmed Tinubu for keeping its planes flying. “Dangote Refinery is the largest supplier of jet fuel to Europe. Europe must really thank…
Onyeabor, who spoke to journalists in Enugu, weekend, stated that for Nigeria to return to winning ways with its various football teams, emphasis must be placed on quality administration. DAILY POST recalls that the disastrous outings of Nigeria’s football teams led to the resignation of NFF board members. Speaking to the media, Onyeabor, a former chairman of the Rangers International Enugu Committee on the Setting Up of Feeder Teams, said that for the country to make progress, the selection of new NFF leaders should not be based on ethnicity but on merit, competence and track record. “The truth of the matter…
The media office of the Nigeria Democratic Congress, NDC, presidential candidate, Peter Obi, has launched a fresh attack on the administration of President Bola Tinubu. In a statement signed by Idris Zekeri Jnr, spokesman for the media office, on Sunday, the team listed major areas it described as failures of the Tinubu administration ahead of the 2027 presidential election. The media office placed the rising cost of living at the centre of its criticism, arguing that the removal of the petrol subsidy and other economic reforms had placed a heavy burden on households. The team linked the reforms to higher transportation…
Afrobeat musician Seun Kuti has claimed that the practice of giving alms to street beggars is delaying the revolution that would bring about positive change in Nigeria. Speaking in an interview with ObjecTV, Kuti claimed that because Nigerians are constantly giving alms to beggars, they are not “hungry” enough to spark a revolution. He argued that beggars are supposed to be angry enough to “cause” a revolution, but the alms they receive from Nigerians are pacifying them. “The beggars are the ones who are supposed to be angry in order to cause revolution, but since we give them money from…
President Donald Trump has turned down calls to slow the rapid development of artificial intelligence, pointing to the United States’ race with China. Speaking in Ireland on Sunday before departing, Trump said even though there are “negative forces” raising AI risks, his main concern is keeping America ahead of China. “We’re leading China in AI,” he told reporters. “We’re the most sophisticated country in the world, and I want to keep it that way because whoever wins AI wins.” Trump’s comment was in response to the growing clamour and warnings by tech experts and prominent leaders, including Dario Amodei (Anthropic), Sam Altman…
Nigeria’s Ambassador-designate to Mexico, Reno Omokri, has argued that the country is not as corrupt as many people around the world believe. According to him, global corruption rankings do not fully reflect Nigeria’s culture and realities. Omokri made the remarks on Channels Television’s Sunday Politics. He said the country’s corruption perception rating had improved under President Bola Tinubu’s administration, abut insisted that global organisations often judge Nigeria using standards that do not consider local cultural practices. Recommended “Nigeria is not as corrupt as the world thinks it is because the metrics they are using to gauge corruption are global metrics…
Ebonyi State Governor, Francis Nwifuru, has fired back at popular socialite and businessman Paschal Okechukwu Chibuike, popularly known as Cubana Chief Priest. Speaking during an event in Abakaliki, the state capital, Governor Nwifuru said he does not have time for Cubana Chief Priest. This came after Cubana Chief Priest called on Governor Francis Nwifuru to step down, questioning how a governor could spend up to three years in office without having major projects commissioned by the President or other state governors. Recall that the member representing Ikwo/Ezza South Federal Constituency in the House of Representatives, Chinedu Ogah, had lambasted Cubana…
Shooting Stars bowed out of the CAF Confederation Cup after going down to a 2-0 defeat to Tunisia’s CS Sfaxien in Uyo on Sunday. Salisu Yusuf’s side lost the first preliminary round tie 2-1 on aggregate. Iyed Belwafi scored both goals for CS Sfaxien. Belwafi gave the home team the lead four minutes before the half hour mark. Recommended The striker doubled CS Sfaxien’s lead in the 67th minute. Shooting Stars were unable to get back into the game despite their spirited effort. Nigeria’s other representatives in the CAF Confederation Cup, El-Kanemi Warriors advanced to the next round following a 3-1…
Pro Ref has admitted Erling Haaland’s winner in Sunday’s Manchester Derby shouldn’t have stood. City beat United 1-0 thanks to Haaland’s second half strike. The Norwegian’s goal was initially disallowed for offside on the pitch before VAR overturned the decision. The VAR officials deemed that Haaland was played onside by United defender Patrick Dorgu. Recommended However, Man City’s Enzo Fernandez was in an offside position as he attempted to play the ball before it reached Haaland. A Pro Ref spokesperson said: “Following the incident in the 60th minute of Sunday’s Premier League fixture between Manchester United and Manchester City at Old Trafford,…