Nigeria Archives - Page 277 of 334

Aug

31

2022

Nigeria loses 95% of oil production at Bonny terminal due to theft

Economy, MetroCrime, Metro, Nigeria, Security

Africa’s biggest oil producer is losing almost all oil production in the Bonny oil hub, the city after which its premium Bonny Light oil grade and a key export point for the country, Mele Kyari, are named. limited NNPC he said Tuesday. Nigeria, in a bid to curb oil theft, launched an app this month to monitor the incidence. “What is most difficult to deal with today is the issue of crude oil theft, it is real and it is happening,” Kyari told a state house briefing in Abuja. “Are we defenseless? No, we are not defenseless and our efforts are paying…

Aug

30

2022

By Amos Oge Kalu

Nigeria to exceed debt limit in 2023 as FG seeks N11 Billion in new loans

Economy, Politics2023, Economy, Next Level, Nigeria, Politics, Zainab Ahmed

The Nigeria Minister of Finance and National Planning, Zainab Ahmed has said that the federal government will borrow more than N11 trillion and sell domestic assets to finance the budget deficit in 2023. She also said that the government’s budget deficit is expected to exceed N12.42 trillion if it maintains the oil subsidy throughout the 2023 fiscal cycle. Ms. Ahmed revealed this on Monday while appearing before the House Finance Committee to defend the 2023-2025 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP). Explaining two budget deficit scenarios to the committee, the minister said the first option involves withholding…

Aug

30

2022

By Amos Oge Kalu

IGP Usman Alkali: Attacks on police personnel will no longer be tolerated

NewsCrime, Metro, Nigeria, Police, Security, Usman Alkali

The Inspector General of Police, Usman Alkali has ordered various commandos across the country to begin prosecuting individuals who assault their personnel. A statement from force spokesman Muyiwa Adejobi revealed that the IGP said an attack on its officers is an affront to the rule of law. His directive comes just a week after a social media video of a police officer being sexually abused by a civilian went viral. In the video, the civilian is seen holding and dragging the armed officer who he said was driving against traffic in Lagos. Nigerians came out to condemn the act on Twitter…

Aug

30

2022

By Kalu Odinakachi

Deposed Abubakar Atiku dies in Egypt of undisclosed illness

NewsHealth, Metro, Nigeria, Politics, RIP

Abubakar Atiku, the deposed Emir of Zurmi in Zamfara State has died in Egypt after battling an undisclosed illness. A source at Emir Zurmi’s palace, who asked not to be identified, said the Emirate Council is fully involved in arranging for the body to be brought back to Nigeria for burial. Atiku, the uncle of the current emir, died on Friday in an Egyptian hospital. The source said: “He had been ill for a few weeks before his immediate family took him to Egypt. We were informed immediately when he died”. When asked why the body still hadn’t been returned as…

Aug

30

2022

By Amos Oge Kalu

South Africa: Nigeria High Commission warns citizens of planned attack

Metro, NewsCrime, Metro, Mohammadu Buhari, Nigeria, Security, South Africa

The Nigerian High Commission in Pretoria, South Africa, has alerted Nigerians living in South Africa about a planned attack on foreign nationals. In a memo dated August 24, the embassy’s consular section wrote: “This is to advise Nigerians living in South Africa to be vigilant and careful in their activities due to recent statements by proponents of Operation Dudula. and his threats to attack foreign nationals in this country.” According to the memo, the group (Operation Dudula) through public notices and video clips on social media announced a March Against Foreign Immigrants in South Africa starting on September 2. The…