President Bola Tinubu President Bola Tinubu has justified his administration’s decision to remove the petrol subsidy in order to prevent the country from going bankrupt. Tinubu announced the removal of subsidy on petrol on the very day he was inaugurated into office with the popular “subsidy is gone” speech. The action, however, made prices of commodities to rise to the roofs, increasing hardship in the country which has made some of his critics condemn the subsidy removal as a policy not well thought out. But speaking as one of the panelists at the ongoing World Economic Forum in Riyadh, Saudi Arabia this morning, Tinubu justified the petrol subsidy removal, maintaining that it was needed to reset the economy. “For Nigeria, we are immensely consistent with belief that the economic collaboration and inclusiveness is necessary to engender stability in the rest of the world. “Concerning the question of the subsidy removal, there is no doubt that it was a necessary action for my

Leicester City have been promoted to the Premier League after Leeds United were boxed by Queens Park Rangers. The 4-0 defeat at Loftus Road means Daniel Farke's side stay four points behind Championship leaders Leicester with only one game left. The Foxes remain on track to amass 100 points on their way back to the top flight following their relegation last season. Leicester can now claim the Championship title on Monday with victory at Preston if third-placed Ipswich fail to beat Hull City on Saturday. Ipswich can join Leicester in the Premier League next season if they pick up five points from their remaining three matches.

Arne Slot is set to become Liverpool's next manager following a payoff deal worth up to £9.4m with Feyenoord. The Dutchman is poised to succeed Jurgen Klopp, who announced in January he would leave Anfield at the end of the 2023-24 season. The Reds will now take steps to agree a contract with the 45-year-old before he is officially appointed. Liverpool have agreed to pay Feyenoord £7.7m (9m euros) plus a possible £1.7m (2m euros) in add-ons. Slot led Feyenoord to the 2022-23 Eredivisie title, while this season they have won the Dutch Cup and are set to finish second in their league. It is believed that the attacking style of Slot's teams, his personality and his ability to develop players are key factors in making him Liverpool's choice for the job.

Image Courtesy - ekaterinabelinskaya The Nigerian National Petroleum Company Limited (NNPC Ltd) says logistics issues were responsible for the resurfacing of fuel queues in some parts of the country. But it says the issues have been resolved, according to a statement by its spokesperson Olufemi Soneye. “The Nigerian National Petroleum Company Limited (NNPC Ltd) wishes to clarify that the tightness in the supply of Premium Motor Spirit currently being experienced in some areas across the country is as a result of logistics issues and that they have been resolved,” the Thursday evening statement read. “It also wishes to reiterate that the prices of petroleum products are not changing.” NNPCL is therefore calling on Nigerians to “avoid panic buying as there is a sufficiency of products in the country”.

The Chinese internet  technology company,  ByteDance has said it has no plans to sell TikTok after a new US law put it on a deadline to divest from the hugely popular video platform or have it banned in the United States. US lawmakers set the nine-month deadline on national security grounds, alleging that TikTok can be used by the Chinese government for espionage and propaganda as long as it is owned by ByteDance. The Information, a tech-focused US news site, reported that ByteDance was looking at scenarios for selling TikTok without the powerful secret algorithm that recommends videos to its more than one billion users around the world. ByteDance denied it was considering a sale. “Foreign media reports about ByteDance exploring the sale of TikTok are untrue,” the company posted Thursday on Toutiao, a Chinese-language platform it owns. “ByteDance does not have any plans to sell TikTok.” TikTok has been a political and diplomatic hot potato for years, first finding itself in the crossha

                                                       Image Courtesy - Camcasey About 119 inmates have escaped from the old Suleja Correctional Centre in Suleja Local Government Area of Niger State following a rainstorm that destroyed a part of the facility’s fence on Wednesday night. The storm accompanied by heavy rain around 9 pm destroyed parts of the old Suleja custodial centre, a development that led to many of the inmates escaping from the facility. The rainstorm destroyed parts of the building and exposed the facility’s inner fence protecting one of the cells where inmates were kept. A resident of Suleja town Babangida Turaki said the incident occurred at night during the rains which pulled down a part of the fence undergoing repairs. The combined team of security agents has been sent to some strategic outlets and black spots of Suleja town to arrest the fleeing inmates. Beyond the initial scope, at least ten inmates have been rearrested and returned to the Medium Security Cust

  The Minister of Aviation, Festus Keyamo, has commanded the Nigerian Civil Aviation Authority (NCAA) to suspend Dana Air, a day after one of the airline’s planes skidded off the Murtala Muhammed Airport, Lagos runway. The minister also ordered a comprehensive audit of the airline. The audit will encompass all aspects of safety protocols, maintenance procedures, and financial health to ensure full compliance with the aviation sector’s regulations. In a letter to the NCAA Director-General titled ‘Immediate Suspension of Dana Air Pending Safety and Financial Health Audit’, the minister said the move was necessary to ensure safety and regulatory compliance. “As the supervisor overseeing our nation’s aviation safety and regulatory compliance, it has come to the Honourable Minister’s attention that recent incidents involving Dana Airline have raised serious concerns regarding both the safety and financial viability of their operations,” read part of the letter signed by the Permanent Secret