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Nigeria @ 65: FG cancels Independence Day parade

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The parade that was originally planned for Wednesday, October 1, to commemorate Nigeria’s 65th anniversary of independence has been cancelled by the Federal Government. The Office of the Secretary to the Government of the Federation made the declaration in a statement released on Monday. “The Independence Anniversary parade, which was originally planned to commemorate the 65th Independence on Wednesday, October 1st, has been cancelled, the Federal Government wishes to declare. The statement, which was signed by Segun Imohiosen, the Director of Information and Public Relations, stated that the cancellation in…

Presidency: Jonathan’s “Dismal Record” is His Major Hurdle for 2027 Run

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$49 Billion Didnt Go Missing Under My Watch - Ex-President Jonathan Speaks

According to the Presidency, if former President Goodluck Jonathan decides to run for president in 2027, his “disastrous” term in office will be a significant barrier. In a statement released Monday in Abuja, Presidential Spokesperson Mr. Bayo Onanuga made this known in response to assertions made by former Information Minister Jerry Gana that Jonathan would compete for office in 2027 under the PDP. Nigerians will remember Jonathan’s poor performance in administration, Onanuga said, dismissing Gana’s remarks as “delusional” and emphasising that the former president cannot overcome President Bola Tinubu by…

PENGASSAN-Dangote Feud Drags Power Supply Below 4,000MW on Day 2

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On Tuesday morning, as the second day of the oil and gas workers’ strike over a dispute with Dangote Petroleum Refinery began, Nigeria’s power supply dropped below the 4,000 megawatt mark. The $20 billion Dangote Refinery and the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) are at odds over the company’s alleged 800 employee layoffs. Grid supply checks revealed that load allocation to power distribution companies had decreased to 3,656MW as of 7 a.m., from 4,320MW the day before. Ikeja Electric received 530MW, Abuja DisCo received 537MW,…

Ndume to Tinubu: Only a Dictator’s Hand Can Settle PENGASSAN-Dangote Face-Off

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In order to settle the continuing conflict between the Dangote Refinery and the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), Senator Ali Ndume of Borno South has urged President Bola Tinubu to issue an executive order. Speaking on Arise Television’s Prime Time on Monday, Ndume stated that he would not object if the president took authoritarian measures to put a stop to the turmoil brought on by the purported firing of 800 refinery workers. “It would be ideal if the president issued an executive order cancelling them.…

FG Unveils New Education Strategy to Boost Transparency

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“Under President Bola Tinubu, capital projects are distributed fairly. No zone is going to be neglected. The Federal Government is actively going above and above to support a number of subnational infrastructure projects. For example, N150 billion and N100 billion Naira have been secured for the light rail projects in Kano and Kaduna States, respectively. “With the financial autonomy that the President is determined to fully make operational, Local Government Areas are also being fiscally reintegrated as catalysts for growth and development,” Idris stated. According to the Minister, all state…

Kaduna, Kano Light Rail Gets N250bn Boost from Federal Government

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According to the Federal Government, it has obtained around N250 billion in funding for the construction of light rail in Kano and Kaduna, respectively. This was announced at the World Press Conference in Abuja on Monday by Alhaji Mohammed Idris, Minister of Information and National Orientation. He claims that President Bola Tinubu is eager to see significant subnational growth. Since taking office, this administration has shown an unusual dedication to inclusive and balanced development, despite the impression that is being promoted by some sectors. “Under President Bola Tinubu, capital projects…

Nigeria gains global recognition for Tax-ID

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Nigeria has reached a crucial milestone in its digital trade transformation with the global registration of its Tax Identification Number (Tax-ID) and the approval of the Federal Inland Revenue Service (FIRS) as the country’s Peppol Authority. The achievement, made possible with the cooperation of the Standards Organisation of Nigeria (SON), registers Nigeria’s Tax-ID under the ISO/IEC 6523 International Coding System, granting Nigerian citizens and businesses international recognition in cross-border transactions. Europe, Asia, and Australia have already adopted Peppol, a globally recognised framework for the safe and uniform interchange of electronic…

FG: Nigeria’s Crude Oil Production Rises to 1.8 Million Barrels Per Day

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According to Senator Heineken Lokpobiri, Nigeria’s Minister of State for Petroleum Resources (Oil), the country’s oil production increased from 1 million barrels per day to 1.8 million barrels per day. He added that the goal is to reach 2.5 million barrels per day because American businesses are already very interested in investing in Nigerian oil blocks. During a panel discussion at the first Africa Energy Investment summit (AE Invest 2025), which was recently held in New York, Senator Lokpobiri emphasised Africa’s regained confidence and the revival of investment in the…

Nigeria, China trade hits $15.48bn in H1’25

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Compared to the same time in 2024 (H1’24), the amount of commerce between Nigeria and China grew by 34.7% to $15.48 billion between January and July 2025 (H1’25). This was revealed by Yan Yuqing, China’s consul general in Lagos, at a reception honouring the Mid-Autumn Festival, Nigeria’s 64th anniversary of independence, and China’s 76th anniversary of establishment. During the 2024 Forum on China-Africa Cooperation summit, Yuqing announced that Nigeria is now China’s second-largest trading partner in Africa. He credited the increase in trade to the upgrading of bilateral relations to…

Lufthansa Announces 4,000 Job Cuts as Part of 2030 Strategy

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The German airline company Lufthansa announced on Monday that it would lay off 4,000 employees, or about 4% of its staff, highlighting the downturn that is affecting the biggest economy in Europe. According to Lufthansa, the bulk of the layoffs will occur in Germany by 2030 and will primarily affect administrative rather than operational roles. The group, which has about 103,000 employees, consists of the recently purchased Italian flagship carrier ITA Airways, as well as Eurowings, Austrian, Swiss, and Brussels Airlines. With unemployment at a ten-year high, Germany is experiencing…