PCNGi: President Tinubu Appoints Executive Chairman
President Bola Tinubu has approved the appointment of Barrister Ismael Ahmed as the Executive Chairman of the Presidential Compressed Natural Gas Initiative (PCNGi).
President Bola Tinubu has approved the appointment of Barrister Ismael Ahmed as the Executive Chairman of the Presidential Compressed Natural Gas Initiative (PCNGi).
Primary school teachers in the FCT have been on strike since March 2025 over the non-implementation of the national minimum wage of N70,000 by the Area Council Chairmen. According to reports, VDM, Martins Vincent Otse, popularly known as VeryDarkMan, who equally appeared in a school uniform alongside the pupils on Monday, gathered school children, affected by the strike. He held a makeshift class at the Minister's gate.
Barely a year after the passing of Chief (Engr.) Emmanuel Iwuanyanwu, former President-General of Ohanaeze Ndigbo, his Will has been released. The content of was made public through his Will administrator, Chief Chukwuma Ekomaru (SAN). The Will outlines the careful distribution of the late elder statesman’s assets among his immediate family and selected beneficiaries. In the Will, the Late Chief expressly instructed that the property must never be sold. According to the report, Chief Iwuanyanwu bestowed his Port Harcourt Road residence in Owerri, fondly referred to as “Legacy House”—to his wife, Lolo Frances.
The Lagos Chamber of Commerce and Industry has called on Nigeria to sustain efforts against inflation drivers. The call was made on Tuesday by the Director-General, LCCI, Dr. Chinyere Almona in Lagos, while responding to the May inflation figure of 22.97 percent. According to the National Bureau of Statistics, Nigeria’s headline inflation rate fell to 22.97 percent in May, down from 23.71 percent in April. The Director-General noted that this development marks a positive shift in the country’s inflation track after several months of persistent increases. She attributed the marginal decline to consistent monetary tightening by the Central Bank of Nigeria (CBN), including interest rate adjustments and liquidity control measures.
On Monday, Justice Musa Umar of the Federal High Court in Abuja dismissed the Federal Government's attempt to arrest Senator Natasha Akpoti-Uduaghan for failing to attend the start of her defamation trial. The government is pursuing Akpoti-Uduaghan on behalf of Senate President Godswill Akpabio and former Kogi State Governor Yahaya Bello.
The Joint House of Representatives Committees on Public Accounts and Public Assets have ordered the Minister of Finance, Wale Edun, and the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, to show up over alleged non-compliance with the Fiscal Responsibility Act of 2007 and also the internal control lapses discovered in the 2021 audit reports by the Auditor General for the Federation. A letter was signed by the Chairmen of the Committees— Bamidele Salam (Public Accounts) and Ademorin Kuye (Public Assets)—where the lawmakers have asked both officials to provide detailed explanations on the remittance of operating surpluses to the Federation Account, in line with relevant financial laws and regulations.
Wema Bank, Nigeria’s oldest indigenous financial institution and the pioneer of Africa’s first fully digital bank, ALAT, has received upgraded ratings from global credit agencies Fitch Ratings and GCR Ratings, reflecting its consistent growth and resilience. Fitch upgraded the bank’s National Long-Term Rating from ‘BBB(nga)’ to ‘A-(nga)’ with a Positive outlook, while maintaining its Long-Term Issuer Default Rating (IDR) at ‘B-’. GCR followed suit, raising Wema Bank’s national scale long- and short-term issuer ratings to BBB+(NG)/A2(NG) from BBB(NG)/A3(NG), and assigned a Stable outlook.
The recent disclosure by the Federal Medical Centre (FMC) in Owerri that over 73,000 young women in Imo State have tested positive for HIV is not just alarming, it is a national emergency. This stark figure reveals more than a health crisis; it exposes the cracks within our societal, cultural, and institutional foundations. When the future mothers of a nation are under siege from a preventable illness, the entire nation's well-being is at risk. This epidemic isn't confined to Imo State. Across Nigeria, similar trends point to a widening crisis fueled by poverty, inadequate healthcare, widespread ignorance, and a collapse of family and moral values. This isn't merely a governmental or healthcare failure, it's a reflection of systemic societal decay.
President Bola Tinubu has reaffirmed his commitment to protecting the rights, dreams, and futures of every Nigerian child. The president made the statement in a message to mark the 2025 National Children’s Day. “Across every school, community, and home in Nigeria today, you are the most precious part of our national fabric, the heartbeat of our nation’s future, and the custodians of tomorrow’s promise, innovation, and leadership. “I, therefore, reaffirm today our constitutional, moral, and intergenerational duty and commitment to safeguard every Nigerian child, protect his rights, and nurture his dreams,” he said. According to Tinubu, this year’s theme, “Stand Up, Speak Up: Building a Bullying-Free Generation,” could not have been more timely as it speaks directly to the culture the country is building.
The Nigeria Labour Congress on Thursday demanded the review of the retirement age for all categories of civil servants. This is to align with conditions already granted to selected sectors. Speaking during the May Day celebration at Eagle Square in Abuja on Thursday, NLC President Joe Ajaero made the appeal. While presenting some of the demands of the NLC, Ajaero said, “It is imperative to extend the revised retirement age of 65 years or 40 years of service currently enjoyed by teachers, health professionals, and judges to all public servants.”