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Music icon and human rights campaigner, Fela Anikulapo-Kuti, is considered one of the best musicians that the African continent has ever produced. His music, no doubt, transcends the notion of entertainment. Fela’s Afrobeat creation, woven with such impressive aesthetic embellishments and backed up with maverick instrumentals, has made his songs alive, robust and entertaining even…
On August 1, citizens of the second largest economy in the world, China, will roll out drums to celebrate the 95th anniversary of the formation of the Chinese People’s Liberation Army (PLA). Such a milestone provides a germane opportunity for analysts to evaluate PLA’s massive contributions to the revolutionary cause of liberating the Chinese people…
The Central Bank of Nigeria (CBN) says it is targeting to bring down the price of rice from the current N38,000 to N20,000 per bag. This target is coming on the heels of the rice revolution that President Muhammadu Buhari launched last week in Abuja. The Director of Development Finance at the CBN, Mr. Yusuf…
African Development Bank President Akinwumi Adesina has described Dangote oil refinery and petrochemical plant in Nigeria as a “game-changing initiative” that will spur Africa’s development and deepen regional integration, “This is a world-class industrial complex that will make Nigeria and Africa proud,”. Adesina said during a recent tour of the $19.5 billion Nigerian greenfield crude…
Bowing to pressure, the Federal Government is now proposing to extend the period for the implementation of the removal of subsidy on Premium Motor Spirit (PMS), popularly known as petrol, by 18 months. The Minister of State for Petroleum Resources, Timipre Sylva, announced this on Tuesday while briefing State House correspondents in Abuja. Speaking to…
A recent report of the Organization of the Petroleum Exporting Countries has revealed a plunge in Nigeria’s crude oil production in December 2021. This is a loss of about N74.51bn in oil earnings. According to data from OPEC, Nigeria produced an average of 1.19 million barrels per day in December, down from 1.26 million bpd…
The National Assembly last Tuesday passed the Electoral Amendment Bill after reconsideration by the lawmakers to the stance of President Muhammadu Buhari has stated in his letter to the house. The new bill adopted a direct, indirect, and consensus model of primary elections for political parties in the country. The passage followed the adoption of…
The federal government under President Muhammadu Buhari is poised to further explore the economic opportunities available through oceanic and marine resources in Nigeria. In this light the Vice President, Professor Osinbajo recently inaugurated an Expanded Partnership Committee on Sustainable Blue Economy on Monday at the Presidential Villa. The committee, chaired by Professor Osinbajo is composed…
The People’s Democratic Party’s Governors’ Forum has strongly advised the National Assembly to override the veto of the President, Muhammadu Buhari on the Electoral Act amendment to ensure a quick passage of the bill into law.The governors said the Act, if passed into law, would guarantee credible elections in 2023, adding that early completion of…
West African countries under ECOWAS last Sunday decided to close borders with Mali, besides imposing sweeping economic sanctions in response to what it calls ‘unacceptable delays’ in holding promised elections after a 2020 military coup. The decision followed a summit of leaders of the bloc called to discuss a proposal from Mali’s transitional authorities to hold elections in December 2025 instead…
