Top 10 News Stories You Should Know This Wednesday

Top 10 News Stories You Should Know This Wednesday

1. The Federation Accounts Allocation Committee (FAAC) has revealed the distribution of N1.203 trillion in revenue for August 2024 among the Federal Government, State Governments, and Local Government Councils. This announcement was made in a communiqué following the FAAC’s September 2024 meeting in Abuja…….CONTINUE READING 

2. Rivers State Governor Siminialayi Fubara has suspended Otonye Briggs, the local government committee chairman of Akuku-Toru, effective immediately. The suspension was announced in a statement issued on Tuesday by his chief press secretary, Nelson Chukwudi.

3. The Presidency has refuted a viral report suggesting that President Bola Ahmed Tinubu has directed Central Bank of Nigeria (CBN) Governor Olayemi Cardoso to resign. Special Adviser to the President on Information and Strategy, Bayo Onanuga, labeled the reports as “false” in a statement on his verified X handle, @aonanuga1956.

4. Governors from the Peoples Democratic Party (PDP) have reaffirmed their support for Siminalayi Fubara as the leader of the party in Rivers State. PDP Governors’ Chairman, Bala Muhammed, confirmed this position on Tuesday.

5. The Nigeria Hydrological Service Agency (NIHSA) has issued a warning about the release of water from Lagdo Dam in Cameroon. Despite the alert, NIHSA Director General Umar Mohammed assured that there is no immediate threat of major flooding in Nigeria.

6. Elder statesman and former Chief of Army Staff, Gen. Theophilus Danjuma (rtd), has urged the service chiefs to combat banditry and restore peace to the country. Danjuma criticized the ongoing violence and declared that there should be “no excuses” for the persistent insecurity.

7. The Federal Government received about $1.2 billion in telecom license fees from major operators, including MTN, Globacom, Econet (now Airtel), and Etisalat (now 9mobile), during the early days of mobile technology in Nigeria. Former President Olusegun Obasanjo disclosed this at a book launch in Lagos on Tuesday.

8. The National Centre for the Control of Small Arms and Light Weapons plans to destroy 30,132 recovered, decommissioned, and illicit arms and ammunition. This total includes 3,383 arms and 26,749 rounds of various ammunition, some of which were obtained from government agencies.

9. Kaduna State Governor Uba Sani expressed profound sadness and extended his condolences to the families affected by the Eid-el-Maulud auto crash, which saw the death toll rise from 25 to 40, predominantly children.

10. The Nigeria Police Force announced on Tuesday that over 2,398 suspects have been arrested in recent months. Among those arrested, 259 were for armed robbery, 186 were suspected kidnappers, and 1,575 were involved in other crimes. Force Spokesperson Muyiwa Adejobi provided these details while presenting recently apprehended suspects.