Day: February 6, 2025

Gov Okpebholo suspends Attorney General, Commissioner over alleged financial infractions

Editor

The Edo State Governor, Senator Monday Okpebholo, has suspended the Attorney General and Commissioner for Justice, Barr. Samson Osagie, and the Chairman of the State Local Government Service Commission, Hon. Damian Lawal, over allegations of financial infractions. The suspension, which was contained in a statement issued on Wednesday evening by the Secretary to the Edo State Government (SSG), Umar Musa Ikhilor Esq., takes immediate effect. According to the statement, Governor Okpebholo also directed the establishment of a panel to investigate the allegations against Osagie and Lawal and make appropriate recommendations…

Tunisian President Fires Finance Minister in Surprise Move

Editor

Tunisia’s President, Kais Saied, has sacked his finance minister and appointed a magistrate to the role. Michket Slama Khaldi will take on the country’s finance portfolio, the presidency announced on Facebook overnight from Wednesday to Thursday, alongside images of her taking the oath of office. The presidency gave no further details, nor did it mention outgoing minister Sihem Boughdiri Nemsia. The new finance minister had headed a national commission tasked with recovering embezzled public funds Tunisia has over the past two years suffered sporadic shortages of basic items such as…

Foreign Investors Eyeing Nigeria’s Untapped Lithium Reserves

Editor

Abdullahi Ibrahim Danjija carefully extracts pieces of whitish rock from an open-cast mine, filling sacks that earn him N150,000 daily, double Nigeria’s monthly minimum wage. Three years ago, he migrated from Kano, drawn by the promise of fortune in Nasarawa’s burgeoning artisanal lithium mining industry. Like others in the region, he hopes to capitalize on the global surge in lithium demand, a crucial component in electric batteries and mobile phones. Near Danjija’s site, another group of workers operates a mine, where families, including women and children, were seen preparing explosives.…

N54tn Budget: Raise Debate, Increased Spending

Editor

The Federal Government’s decision to increase the 2025 Appropriation Bill from N49.7 trillion to N54.2 trillion has elicited varied reactions from economic experts. President Bola Tinubu conveyed this adjustment to the National Assembly, citing additional revenues generated by key government agencies, including N1.4 trillion from the Federal Inland Revenue Service, N1.2 trillion from the Nigeria Customs Service, and N1.8 trillion from other government-owned enterprises. This increase, according to the government, will support its diversification program by investing further in the solid minerals sector and infrastructure projects. The Minister of Budget…