Author: Prince Ade ADe

Former Special Adviser to ex-President Muhammadu Buhari on Media and Publicity, Femi Adesina, will on 1 September assume the position of Executive Vice Chairman at The Sun Newspaper. Mr Adesina, who served as the Managing Editor and Editor-in-Chief of the newspaper before his appointment as presidential spokesperson , told The Crest in an interview on 26 May, his last working day, about the new appointment approved by the company’s founder, Orji Kalu, a senator. “I came from The Sun newspaper. I was the MD/Editor-in-Chief (of the publishing company). And when I wanted to leave, Dr. Orji Uzor Kalu said ‘Don’t…

Former Minister of State for Labour and Employment Festus Keyamo has described the segment of media reports that claimed President Bola Tinubu ended fuel subsidy as “mischievous.” In a Tweet, he maintained that Tinubu did not remove fuel subsidy. The President, during his inaugural address, said there was no budgetary allocation for fuel subsidy in the 2023 budget. Tinubu also promised to focus subsidy funds on infrastructural projects, education, and healthcare. Keyamo explained that the President merely inherited a regime where there was no provision for subsidy in the 2023 Appropriation Act as of June 2023 and the Petroleum Industry…

A member of the Peoples Democratic Party’s National Executive Committee, Timothy Osadolor, says the immediate-past governor of Rivers State, Nyesom Wike, is no longer a member of the party, given his conduct before, during and after the 2023 general elections. Osadolor, who gave the hint in a telephone conversation on Tuesday, noted that the leadership of the party had decided to isolate Wike and render him inconsequential in the affairs of the PDP. According to him, Wike’s recent public outings wherein he appeared to be leaning towards the All Progressives Congress, give him away as a man in perpetual craving…

The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mele Kyari, on Tuesday, in Abuja said the Federal Government still owes the company N2.8tn that it had spent on petrol subsidy. “Today, we are waiting for them to settle up to N2.8tn of NNPC’s cash flow from the subsidy regime and we can’t continue to build this,” Kyari told State House Correspondents after meeting with President Bola Tinubu at the Presidential Villa, Abuja. During his inaugural speech on Monday, the President said he was aware that the 2023 appropriation act does not provide for petrol subsidy beyond…

The Deputy High Judge of the Royal Courts of Justice in London, Leslie Samuels, has ordered that Swedish millionaire heiress, Louise Backstrom, 33, give her former husband, Martin Wennberg, 39, more than £6.5 million, following the breakdown of their six-year marriage. The couple had been entangled in a dispute over money in the family court after Wennberg filed for a financial package worth more than £40 million following their separation, but the judge ruled against the amount. Judge Samuels considered the evidence at a recent private hearing and outlined his conclusions in a written judgment, Daily Mail reported on Tuesday.…

The long awaited price for petrol was effected by NNPC limited Wednesday morning providing clarity around prices post the removal of the controversial subsidy whic cost almost $10bn annually. BusinessDay also notes that this new development is seen in Lagos where NNPCL now retail fuel at N488 a litre at its station on Kingsway Ikoyi while the NNPC Mega Station, Lagos Bus Stop, at Port Harcourt today sells for N511 per litre. NNPC is the sole supplier of petrol in Nigeria today and it is now expected that other marketers will take a queue from the NNPC prices and adjust…

The federal government through the Civil Defense, Correctional, Fire and Immigration Services Board has appointed Deputy Comptroller General of Immigration, Adepoju Carol Wura-Ola as the acting Comptroller General of Immigration. A letter dated May 26, 2023, signed by the Secretary of the board, Ja’afaru Ahmed, a copy obtained by Daily Trust on Monday in Abuja, said the appointment takes effect from Tuesday 30th May 2023. The statement reads: “I write to convey the approval of the Chairman of the Board for you to cover duties of the Office of the Comptroller General, Nigeria Immigration Service (NIS) as the most senior…

Seun Kuti, popular musician and the youngest son of the Afrobeat pioneer Fela Anikulapo Kuti has slammed comedian Ayo Makun, a.k.a AY, over his reason for not rejecting his national honour. This medium recalls that former president Muhammadu Buhari, through the Ministry of Special Duties and Intergovernmental Affairs on Sunday, listed comedian AY, singer Davido, actor Kunle Afolayan, Super Eagles and Napoli striker Victor Osimhen and other celebrities among 337 Nigerians to be conferred with national honours on June 1st 2023. Reacting to the announcement on Monday, AY, in a tweet, addressed critics who queried him for not rejecting the…

Tragedy struck in lrese community, lfedore council area of Ondo state, as a commercial Motorcyclist, allegedly strangled a 90-year-old, Ajayi Ajisegiri, to death in a desperate bid to steal the community”s oracle. Consequently, two suspects, Dada Ologundundun, aged 71yrs and John Samson 27yrs have been arrested by police detectives and being detained. Reports had it that the deceased was a Chief, oracle custodian and also the head of hunters in the community. His gruesome death at Oke Mission, in the town, had thrown the entire community into grief and confusion. Vanguard gathered that the suspect after commiting the deadly act,…

The Asiwaju Bola Ahmed Media Centre has explained the announcement of the removal of the fuel subsidy by President Bola Tinubu on Monday. The Centre, in a statement, urged the public to relax panic-buying that has ensued as a result of his speech. The statement explained the development is neither a new development nor an action of his new administration. The Tweet reads: “The public is advised to note that President Bola Tinubu’s declaration that “subsidy is gone” is neither a new development nor an action of his new administration. “He was merely communicating the status quo, considering that the…