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We are not quite satisfied - Wike vows to probe activities of FCT UBEB

Wike said that the decision became necessary after discovering that institutions get land allocations but keep them for 15 to 20 years without development. The Minister of the Federal Capital Territory (FCT), Nyesom Wike, says the FCT Administration is proving the activities of its Universal Basic Education Board (FCT UBEB). Wike disclosed this when the management of the Universal Basic Education Commission (UBEC), led by the Executive Chairman, Dr Hamid Boboyi visited him in Abuja on Thursday. He explained that the probe was necessary because he was not satisfied with the management of the board’s affairs. He added that the development was partly responsible for the delay in the appointment of a substantive director for the board. “We are not quite satisfied with what we saw on the board. There is no full briefing on its activities so far, and we cannot allow that. “We are renovating numerous schools and I wanted them to tell me the schools they have renovated so far,” he sai
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Yoruba Nation agitator dies in custody during treason trial

Due to the latest developments, the judge has adjourned the trial and scheduled further hearings for November 6, 8, and 13. A Yoruba Nation activist, Adejumo Lateef, passed away in custody while facing trial for treason at the Oyo State High Court, Ibadan, sparking concern among supporters and family members. Lateef was among 27 defendants charged with serious crimes, including conspiracy, unlawful possession of firearms, and treason, following an April 2024 incident in which the Oyo State Government Secretariat was invaded in an alleged bid to declare the Yoruba Nation, also known as Oodua Republic. During a court hearing on Wednesday, October 16, the Nigeria Correctional Services confirmed Lateef's passing, marking a significant turn in the high-profile case. The accused list, led by defendants Adeyemo Peter, Adeyemo Joseph, and Amos Oluwaseyi Ogundeji, includes various others connected to the Yoruba Nation movement, a campaign seeking self-determination for Nigeria's
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Sanwo-Olu reacts to Lagos's status as Nigeria's most indebted state

Sanwo-Olu's statements follow a National Bureau of Statistics (NBS) report, which cited Lagos as Nigeria's highest debtor with ₦929.41 billion in domestic debt. Governor Babajide Sanwo-Olu has addressed concerns over Lagos's position as Nigeria's most indebted state, assuring residents that the debt level is well within sustainable limits. Speaking on Channels Television's Politics Today , Sanwo-Olu highlighted Lagos's robust financial management, stating , "The standard debt ratio we are meant to meet is about 40%, but today, we are around 28-29%, so we are not even close to the threshold." Sanwo-Olu positioned the debt as a necessary investment in the state's growth, noting that Lagos's debt-to-revenue ratio remains safely below the national benchmark of 40%. According to him, Lagos's debt, currently standing at ₦2 trillion, reflects prudent financial management and growth potential. "This ₦2 trillion debt figure is just a numb
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PHOTOS: VP Shettima arrives in Sweden for 2-day bilateral visit

The visit underscores Nigeria's commitment to expanding international partnerships to support national development goals. Vice President Kashim Shettima arrived in Stockholm, Sweden, today, embarking on a two-day diplomatic mission to strengthen Nigeria-Sweden relations. The high-level visit, endorsed by President Bola Ahmed Tinubu , highlights areas such as trade, investment, ICT, education, mining, and agriculture. Shettima is accompanied by Plateau State Governor Caleb Mutfwang, Foreign Affairs Minister Ambassador Yusuf Tuggar , and key officials from Nigerian agencies. Shettima is scheduled to meet with Swedish Prime Minister Ulf Kristersson and Crown Princess Victoria during his stay, aiming to forge mutually beneficial collaborations in various sectors. Highlighting the mission's objectives, Shettima's Senior Special Assistant on Media, Stanley Nkwocha, stated, "This engagement is part of a larger drive to secure Nigeria's place in a fast-evolving
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NES30: 'Women can expect greater financial access' - CBN boss

The CBN boss revealed that a new initiative, backed by partnerships with the Development Bank of Nigeria and the Bank of Industry, is designed to expand financial services access and improve economic opportunities for female entrepreneurs. At the 30th Nigeria Economic Summit in Abuja, Central Bank of Nigeria (CBN) Governor Yemi Cardoso assured that increasing financial inclusion for women is a top priority. In a question-and-answer session, he outlined measures the CBN will take to close the gender gap within the banking sector and empower women economically. Addressing a question on the underrepresentation of women in finance, Mr Cardoso acknowledged the essential role women play in the Nigerian economy, noting that "women provide a very, very big and significant portion of the workforce" and contribute extensively across various sectors. He highlighted their resilience and silent influence in advancing economic activities, particularly in Nigeria and other parts of Af
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Why Nigeria must embrace economic fundamentals to tame inflation - Cardoso

Cardoso reinforced the CBN's commitment to economic stability while calling for a collective effort to diversify Nigeria's economy, especially from its dependence on oil, to achieve resilient growth. The Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso, has charged Nigerians with embracing the economic fundamentals to tame inflation. Mr Cardoso stated this on Tuesday, October 15, during a question-and-answer session at the 30th Nigeria Economic Summit in Abuja. The session addressed pressing issues surrounding Nigeria's economy, monetary policy, and rising inflation. As he discussed the country's economic landscape, Cardoso emphasised the critical importance of restoring economic fundamentals to ensure long-term stability. Highlighting Nigeria's economic challenges, Cardoso stated, "I see no substitute for the fundamentals of the economy. Before you start talking about trade-offs, we must agree that we have to get the fundamentals of the e
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Tinubu vows to protect Nigeria women against discrimination, violence

President Tinubu said his government and Nigeria must drive development, create opportunities for women, and ensure they have access to justice To ensure Nigerian women have access to justice, President Bola Tinubu has vowed to protect them against all forms of discrimination and violence through gender-sensitive policies. Represented by the Secretary to the Government of the Federation (SGF), George Akume , the President while speaking at the Empower-Her- Nigeria for Women Farming, Health, Empowerment, Justice, Entertainment and Fundraising Programme on Tuesday, October 15, 2024, said he is committed to advancing women’s cause, empowerment and gender equality. President Tinubu said his government and Nigeria must drive development, create opportunities for women, and ensure they have access to justice and protection from violence. “We recognise the challenges women face with limited access to education and healthcare, gender-based violence, and economic disparity. This is imperat
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