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As a result of the present hardship in Nigeria, the federal government (FG) said plans are ongoing to establish a National Commodity Board. The FG said this would serve as a solution to the escalating food prices in the country. The commodity board will be expected to assess and regulate food prices, as well as maintain a strategic food reserve for stabilizing prices of crucial grains and other food items. Vice President Kashim Shettima disclosed this yesterday during a two-day high-level strategic meeting on climate change, food systems and resource mobilization at the Presidential Villa, Abuja. Speaking on “Climate Resilience…

President Bola Tinubu has gifted players of the Nigerian Super Eagles who participated in the just concluded 2023 Africa Cup of Nations (AFCON) plots of land in Abuja for their excellent performance. Tinubu said the Super Eagles demonstrated team spirit and discipline at the tournament. Speaking at a reception in honour of the players at the State House in Abuja, on Tuesday, February 13, the President commended the team for their exemplary display of unity, determination, and resilience on the field. This was disclosed in a statement issued by the Special Adviser to the President on Media & Publicity, Ajuri…

The First Lady of the Federal Republic of Nigeria, Senator Oluremi Tinubu, has announced a N50 million gift of endowment fund for the best graduating students in law at Maryam Abacha American University. Remi Tinubu announced the fund yesterday at the opening of a Faculty of Law building at Maryam Abacha American University Kano named after her. The First Lady, while speaking shortly after the unveiling of the building, expressed satisfaction with the facilities put in place and thanked the Founder of the University, Prof. Adamu Abubakar Gwarzo, for naming the school building after her.…

The Group Managing Director, GMD, of Access Holdings Plc, Herbert Wigwe, is dead. Wigwe reportedly died in a helicopter crash in the United States of America. SPY News gathered that Wigwe, his wife and son were in the helicopter, which was headed to Las Vegas when it crashed near a border city between Nevada and California on Friday night. The Group Chairman of Nigerian Exchange Group Plc (NGX Group), Abimbola Ogunbanjo, was also in the helicopter during the crash. Also, Daily Mail reports that six people were feared dead after the horrific helicopter crash in California…

The Economic and Financial Crimes Commission, EFCC, has declared Margaret Emefiele, the wife of former Central Bank of Nigeria, CBN, Godwin Emefiele wanted for alleged involvement in money laundering offences. Mrs Emiefele was declared wanted alongside three orders for the same offence. According to the EFCC, Margaret Emefiele, Eric Odoh, Anita Omoile, and her husband Jonathan Omoile, are wanted for their roles in a scheme to convert large sums of money belonging to the Federal Government of Nigeria. The anti graft agency accused them of committing offences such as obtaining money by false pretences, theft and contravening Sections 411, 287,…

….Recover Arms, Ammunition and Cash In the ongoing operations by 6 Brigade Nigerian Army to ensure Taraba State do not become a safe haven for violent extremist groups and Insurgents, gallant troops of 93 Battalion under the Brigade has successfully apprehended a notorious gunrunner. The suspect is involved in illegal dealings of arms and ammunition in connivance with criminals elements within Taraba State and other parts of the country. Acting on credible intelligence on the activities of the arms dealer popularly known as Joshua Dutse Idah age 45, troops trailed his movement which led to his final arrest on 20…

The Federal Government says it has begun enforcing the ban on alcoholic beverages popularly known as kpelebe produced in sachets less than 200ml. Speaking in Abuja on Monday, February 5, the director-general of NAFDAC, Prof Mojisola Adeyeye, said: “As of January 31, 2024, there is no alcoholic beverage in these categories that are registered by NAFDAC. I also want to inform you that the agency has started enforcement actions to enforce the implementation of this policy. The window period given to manufacturers by NAFDAC to sell off all alcoholic drinks in this category elapsed on January 31, 2024. To this…

Operatives of the Economic and Financial Crimes Commission, EFCC, have arrested the Founder of TheoBarth Grant in Nigeria, Apostle Theophilus Ebonyi, for duping unsuspecting members of the public. Ebonyi is also the General Overseer of Faith On The Rock Ministry International. Apostle Theophilus Oloche Ebonyi defrauded church members and other Nigerians using fake grants from the Ford Foundation to the tune of N1.3 billion. According to a statement by EFCC’s Spokesman, Dele Oyewale, the suspect was arrested for defrauding his victims, comprising non-governmental organisations and individuals by advertising a fake $20 billion intervention project through his…

EFCC Recovers N70 Billion in 100 Days As Fmr Kogi Gov Continue to Hide Nigeria’s anti graft agency, the Economic and Financial Crimes Commission (EFCC) has recovered N70 billion within 100 days. The recovery was recorded between October 2023 and January 19, 2024. The recovery details were outlined in an EFCC document titled ‘Operations and Recoveries.’ During this period, the EFCC received 3,325 petitions, accepting 2,657. The anti-graft commission also secured the convictions of 747 individuals for financial crimes, spanning offences from money laundering to internet fraud. A breakdown of the recovery data…

The Federal Government said President Bola Tinubu needed more time to fix the problems of Nigeria. According to the Federal Government seven months were barely enough for Tinubu to do it. The Minister of Information and National Orientation, Mohammed Idris Malagi, who stated this in an interview on Channels Television breakfast programme, Sunrise Daily, yesterday, also said things would have been worse in the country had the government not removed fuel subsidy. He said: “I want you to remember that the President is seven months old in office. I am not going to make excuses that seven months is just…