Nigeria’s Crude Oil Production For February Drops By 7.3% – OPEC
The Organisation of Petroleum Exporting Countries(OPEC) said Nigeria’s crude oil production dropped by 7.3 percent in February 2024. According to direct data sources obtained from OPEC’s Monthly Oil Market Report (MOMR) for March, the country’s output slid to 1.322 million…
Budget padding controversy: Ranking senators get N17bn constituency votes, Ningi suspended
Fresh revelations at the Senate plenary, on Tuesday, indicated that ranking senators got N500m each for their constituency projects in the 2024 budget passed by the National Assembly. According to the Senate rules, any lawmaker who has spent at least…
US House to vote on TikTok ban
The US House of Representatives will vote Wednesday on a bill that would force TikTok to cut ties with its Chinese owner or get banned in the United States. The legislation is the biggest threat yet to the video-sharing app,…
China warns US against proposed TikTok ban
Beijing warned on Wednesday that a proposed ban on Chinese-owned video-sharing app TikTok would “inevitably come back to bite the United States”. The US House of Representatives is set to vote later Wednesday on a bill that would force the…
APC Chairman Calls For Fubara’s Resignation
Chairman of the caretaker committee of the All Progressives Congress (APC) in Rivers State, Chief Tony Okocha, has advised Governor Siminalayi Fubara, to resign from office for alleged inability to provide governance for the people of the state. Okocha, who…
Tinubu appoints Mobereola as DG NIMASA
President Bola Tinubu has approved the appointment of Dr. Dayo Mobereola as the new Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) for a renewable term of four years. The Special Adviser to the President on Media…
Ondo Speaker faces impeachment over Aiyedatiwa’s endorsement
Ondo Speaker Olamide Oladiji has run into troubled waters for allegedly lying that 18 lawmakers have endorsed Governor Lucky Aiyedatiwa as candidate of the All Progressives Congress in the November governorship election. Oladiji, who was present at the declaration of…
Nigerian Govt postpones Student Loan Scheme launch indefinitely
The Nigerian Government has postponed indefinitely the launch of the Student Loan Scheme earlier set to take place on Thursday. This was made known by Akintunde Sawyer, the Executive Secretary of the Nigerian Education Loan Fund (NELFUND), in an interview…
CDA News Updates you need to know Wednesday morning
Good morning dear esteemed readers! Here is today’s summary from Nigerian Newspapers: 1. There was drama on Tuesday as the Senate suspended Senator Abdul Ningi for three months over his false claims that projects worth N3.7 trillion in the 2024…
Federal Gov’t Secures $1.3bn For Kano-Niger Rail Line
The Federal Government, through the Ministry of Transportation, has announced a major milestone in the financing of the Kano-Katsina-Jibiya-Maradi in Niger railway project, with the securing of $1.3 billion facility. The project is under construction by the China Civil Engineering…