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Nigeria's Minister of Finance and Co-ordinating Minister for the Economy Wale Edun says Nigeria will no longer borrow from local or international organizations following the removal of subsidy on petrol and the harmonization of the country's exchange rate. The minister made this known at the end of the inuagural meeting of the Feederal Exeutive Council chaired by President Bola Tinubu on Monday. According to him the gains from the subisdy removal would be put back into various sectors of the economy aimed at boosting governments revenue as well as improving the business environment for local and foreign investmennts.  According to him government has been able to provide palliatives from the increased revenue from subsidy removal to cushion its effect on a short, medium and long term basis. He reiterated the President Bola Tinubu-led administration’s desire to bring back the economy from the wood it has found itself overtime. This comes in as President Tinubu charged the ministe

Residents of Bayelsa state engaged in a free for all scavenge hunt as they broke into a warehouse used by the sstate government to store palliatives from the Federal govrnment to cushion the effects of flood in the state. The warehouse reports gathered blongs to the Senator representing Bayelsa Central Senatorial District Konbowei Benson located along Isaac Boro Expressway in the state.  Angered by the slow distribution of palliatives over the economc hardship felt by the people following the impact of subsidy removal, residents of the state took matters into their hands enagaging in a free for all by invading the warehouse and carting away relief items. Reacting to the incident, the Bayelsa State Emergency Management Agency BYSEMA yesterday warned residents against consuming the food items looted from the warehouse stating that the items were expired and unfit for consumption.  Director General of the state emergency management Agency (BYSEMA) Walamam Igrubia, advised those who pillag

Nigeria's Minister of Art, Culture and Creative Economy Hannatu Musawa has broken her silence over what she called media attacks that trailed her Ministerial apppointment by President Bola Tinubu despite controversies surrounding the status of her NYSC service. The Minister while thanking President Tinubu for finding her worthy and for giving her the opportunity to serve the country as one of his Ministers, she admitted that it is true she is currently on the NYSC national service which she began eight months ago as a matter of duty and devotion to her country, having been unable to complete the scheme since she was first mobilised in 2001. According to her : "I started the mandatory service as a Corp member deployed to Akwa-Ibom Sttate in 2001 upon the completion of my university education. I could not complete the service same year after my redeployment to Kadunna State due to family reasons. Despite this, it has been my personal resolve and commitment that I will always ful

Preident Bola Tinubu, Nigeria's President and chairman of ECOWAS Nigeria's Presidet Bola Tinubu says despite mounting pressure from leadership to deloy miliar troops in Nigeria, he is doing everythng possibe to ensure there is eaeful resoution towards restoring constitutional and democratic order in Niger. The Nigerian leader who is also the Chairman of the Economic Community of West African States (ECOWAS) made this known when he played host to Islamic Clerics known Ulama led by their leader Sheikh Bala at the Presidential Villla in Abuja on Thursda.  This was the second meeting between the President and the Islamic leaders. The first meeting had taken place on August 9 when the clerics were permitted to dialogue with the coup leaders in Miamey, Niger.  The President while speaking to the clerics yesterday said "I am managing a very serioius situation. Even as of (yesterday) this morning, i have been inundated with phone calls on the readiness of countries with their mili

India has become the first nation to land a spacecraft near the Moon's south pole on Wednesday, an historic feet for the worlds most populous nation and its ambitious space programme. The Chandrayaan-3 which means "Mooncraft" touched down at 6:04pm India-time (1234 GMT) as mission control technicians cheered widly and embraced their colleagues in a joyous celebration.  This was India's second attempt at landing a spacecraft on the moon and it comes a week after Russia's Luna-25 mission failed. Indians across the country were glued to their television screens to watch the spacecrafts landing.  India's Prime-Minister Narendra Mordi described the moment as victory cry for a new India. According to him India's successful mission to the moon is not for India alone, its success belomgs to all of humnity". 

The newly sworn in minister of the Federal Capital Territory (FCT), Nyesom Wike, on Monday resumed office barely two hours after he was inaugurated to work in President Bola Tinubu’s cabinet. The minister who resumed offic after taking the oath administered to him by the Chief Justice of Nigeria Justice Olukayode Ariwoola announced that he would not allow illegal buildings in Abuja to remain standing as the FCT minister. The former Rivers governor Nyesome Wike while addressing staff of the FCDAin cearterms warnned residents who built illegal structures in the  capitl city thatsuch structures would be taken down by the authorities.