Author: Drum Africa Correspondent
President Bola Tinubu on Monday expressed excitement at the economy’s third-quarter growth statistics as revealed by the National Bureau of Statistics. According to the report Nigeria’s Gross Domestic Product (GDP) grew by 3.46 per cent in real terms in the third quarter (Q3) of 2024 on a year-on-year basis. “I am excited by the latest report from the National Bureau of Statistics that our economy grew in the third quarter more than last quarter and even beyond projected estimates,” President Tinubu said ”While I welcome this development, the latest figure also shows the much work that needs to be done.…
Abia State Government has assured Abia people and residents that it will provide adequate security for them especially this yuletide. The Commissioner for Information, Prince Okey Kanu stated this while briefing the press on the outcome of this week’s state executive council meeting presided over by Governor Alex Otti. He said the State Government would not yield any part of the State to criminals and criminal elements. “As a responsible government, the administration will continue to take the security of lives and property of Abians very seriously. “As the yuletide approaches, the State Government wishes to reassure Abians that Government…
The Nigerian Air Force airstrikes have killed terrorists in the notorious enclave in Jubillaram, the Tumbuns area of Lake Chad. A statement by the Director Public Relations and Information Headquarters, Air Commodore Olusola Akinboyewa on Monday said the feat was achieved by the Air Component of Operation Hadin Kai (AC OPHK) on Saturday, after the team delivered a crushing blow to terrorists. Akinboyewa also said Jubbillaram was the food storage site and a sanctuary for terrorist commanders and fighters. “Intelligence had previously linked terrorists in this location to recent attacks, including the assault on troops in Kareto on 16 November…
The lawmaker representing Abia South Senatorial District, Senator Enyinnaya Abaribe, has said that nobody approached the National Assembly with a request for a new presidential jet before the purchase was eventually made. The Presidency had in August unveiled a new Airbus A330 purchased for President Bola Tinubu. Following the new jet purchase, the Presidency faced so many criticisms from Nigerians who felt the President prioritized his luxury while neglecting the economic hardship faced by the masses. Presidential spokesperson, Bayo Onanuga had in one of his explanations, said that what was purchased was not a new jet as was reported but…
Abia State Governor, Dr. Alex Otti has flagged-off the reconstruction of the 11.5 kilometres Ntigha-Nbawsi- Umuala road in Isialangwa North LGA with a promise to complete it within one year. Governor Alex Otti equally announced that the proposed Abia Airport Project will be flagged off sooner than later. Speaking at the event, Governor Alex Otti said that the flag-off is to unlock the prosperity of the land and cut down the long standing barrier against the reconstruction of the road for decades as well as enhance urban-rural migration and boost investment on agriculture. “This is more than just the regular…
The Deputy Speaker of the House of Representatives, Rt. Hon. Benjamin Okezie Kalu, has called for urgent collaboration to address the escalating humanitarian crisis in the South East region. Speaking at a high-level roundtable discussion in Abuja titled “Through Their Eyes: A Call to Action, Addressing Humanitarian Challenges in the South East”, the Deputy Speaker revealed that over 268,000 internally displaced persons (IDPs) are currently spread across 158 camps and affected communities in the region. The event organized by the Office of the Deputy Speaker in collaboration with the Peace in South East Project (PISE-P), brought together international non-governmental organizations…
The Dangote Petroleum Refinery on Sunday announced a reduction in its price of the Premium Motor Spirit (PMS), also known as petrol, to ₦970 per litre for oil marketers. In a statement released by the Chief Branding and Communications Officer of the Dangote Group, Anthony Chiejina, said the reduction was to appreciate Nigerians as the year ends. He said the decision is the refinery’s way of appreciating Nigerians “for their unwavering support in making the refinery a dream come true”. According to the statement, the move is a cut from the refinery’s ₦990 ex-depot price announced earlier this month. In…
Akwa Ibom State Commissioner for Education, Idongesit Etiebet, has announced the suspension of Nse Sunday Umoh, the Principal-General of Presbyterian Senior Science College, Ididep, over poor feeding of boarding students in the hostel. The commissioner said officials of the ministry decided to pay an unscheduled visit to the public school following an outcry from students against malnutrition, despite a huge amount of money paid as boarding fees to the school management. She explained that the condition of the students was made public in a viral video trending on social media, which caught the attention of the public and the government.…
Vice-president of Dangote Industries Limited, Edwin Devakumar, has said that the refinery and other local refiners have been unable to secure enough crude oil supplies despite the federal government’s plan to sell crude priced in the local currency. To address challenges in accessing foreign currency, FG in July said it would sell crude priced in naira to local refineries for an initial six months starting in October. Nigeria officially commenced the sale of crude oil to refineries in naira on October 1, forcing Dangote refinery to focus on local supply. The refinery received four cargoes of crude oil from the…
The Peoples Democratic Party (PDP) Governors’ Forum has expressed concerns about the economic hardship on the nation by policies of the All Progressives Congress-led Federal Government with a call on President Bola Tinubu to review Nigeria’s macroeconomic and fiscal decisions. According to the governors, a readjustment of the policies will address the welfare and well-being of Nigerians. This is among other resolutions of the forum during its meeting held in Jos, Plateau State. “The forum empathize with Nigerians who are groaning under the oppressive economic hardship hoisted on the nation by the policies and decisions of the APC-led Federal Government,”…