Top 10 Things You Must Know This Tuesday Morning

Top 10 Things You Must Know This Tuesday Morning
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1. The Federal Executive Council (FEC) has approved the creation of a Disaster Management Fund. This was revealed by the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, on Monday at the State House, Abuja, following the FEC meeting chaired by President Bola Ahmed Tinubu……CONTINUE READING

2. President Bola Ahmed Tinubu has assured Nigerians that the current economic hardship is temporary, while the long-term benefits will be substantial. He highlighted that the sacrifices made by citizens will soon lead to lasting economic gains and reaffirmed his administration’s dedication to addressing the nation’s economic and security challenges, underscoring their close connection.

3. The Federal High Court in Abuja has ordered the Economic and Financial Crimes Commission (EFCC) to remove the name of Leno Adesanya, the promoter of Sunrise Power and Transmission Company Limited, from its wanted persons list. The court ruled that Adesanya’s name should not be associated with criminal allegations tied to the $6 billion Mambilla hydropower project contract.

4. Kachalla Tukur Sharme, a notorious bandit leader linked to the abduction of 121 students from Bethel Baptist High School in Kaduna, has been killed, along with two rival gang members, in a violent clash between their factions in the forests near Rijana and Kaso, Kaduna State.

5. Former Edo State Governor Adams Oshiomhole has declared that Governor Godwin Obaseki is “politically dead.” Oshiomhole made this statement during an interview on Channels TV while discussing the outcome of the recently concluded governorship election in Edo State, which he said reflected the will of the people.

6. The National Chairman of the ruling All Progressives Congress (APC), Dr Abdullahi Umar Ganduje, has stated that the party plans to use its Edo State election strategy to secure victory in the November 16 governorship election in Ondo State. Ganduje emphasized that a major party like the APC should dominate the South East and urged party leaders to work towards that goal.

7. Yiaga Africa, an accredited observer of the Edo State off-cycle governorship election, reported that the poll failed integrity standards due to widespread manipulation of results. This was outlined in a post-election statement co-signed by Dr. Aisha Abdullahi, Chair of the 2024 Edo Election Mission, and Samson Itodo, Executive Director of Yiaga Africa.

8. Alhaji Aliko Dangote, President and CEO of Dangote Group, has urged the Federal Government to fully remove fuel subsidies, stating that this would reveal the true petrol consumption levels in the country. He also confirmed ownership of two upstream oil blocks, with production expected to begin next month.

9. On Monday, the Kogi State House of Assembly called for the dismissal of the Economic and Financial Crimes Commission (EFCC) Chairman, Ola Olukoyede, over the perceived unprofessional handling of the corruption case against former Kogi Governor Yahaya Bello. The legislators condemned EFCC’s attempt to arrest Bello last Wednesday by storming the Kogi Governor’s Lodge in Abuja.

10. The average retail price of Automotive Gas Oil (diesel) in Nigeria surged by 64.58% year-on-year, reaching N1,406.05 per litre in August 2024, compared to N854.32 per litre in August 2023. This data comes from the National Bureau of Statistics’ Automotive Gas Oil (Diesel) Price Watch Report released in September 2024.