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Home > Archives for > Page 59
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Nelson Ugwuagbo

Nelson Ugwuagbo

Akpabio
Headlines

VIDEO: Protesters Storm National Assembly in Support of Senate President Akpabio

by Nelson Ugwuagbo March 11, 2025
written by Nelson Ugwuagbo

At least three separate groups staged demonstrations at the assembly entrance, expressing support for Akpabio leadership and endorsing the six-month suspension of Senator Natasha Akpoti-Uduaghan (Kogi Central).

The protesters accused Akpoti-Uduaghan of attempting to blackmail the Senate following her removal as chairperson of the Committee on Local Content. They voiced their approval of the disciplinary action taken against her, chanting slogans and displaying banners backing the Senate’s decision.

Security operatives were on the ground to monitor the situation as the demonstrations unfolded peacefully.

March 11, 2025 0 comments
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Headlines

Unstable Fuel Prices Threatening Our Livelihoods – Oil Marketers

by Nelson Ugwuagbo March 11, 2025
written by Nelson Ugwuagbo

Oil marketers have raised concerns over the negative impact of fluctuating petrol prices on their businesses, warning that the instability threatens their survival.

The President of the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN), Billy Gilly-Harris, highlighted the issue during an interview on Channels Television’s Business Morning on Tuesday. He noted that the recent volatility in fuel prices has put significant financial pressure on retail outlets.

The concerns follow an ongoing price competition between the Dangote Refinery and the Nigerian National Petroleum Company Limited (NNPCL). After Dangote Refinery reduced its ex-depot price by ₦65, retail pump prices at its filling stations dropped from ₦925–₦930 to ₦860 per litre. In response, NNPCL also slashed prices at its retail outlets, intensifying competition between the two major players in the sector.

Gilly-Harris stated that the frequent price changes have made it difficult for retailers to sustain their businesses.

“In our consistent weekly reviews, we have seen that the level of losses and the possibility of many of us going out of business are becoming glaring,” he said.

He added that while marketers strive to ensure affordability for consumers, the unpredictable price swings make it difficult to remain financially stable.

“The challenge is that we buy products at a certain price, and before the close of business, the price drops. There should be a mechanism to regulate price fluctuations to prevent negative impacts on the industry,” he said.

Gilly-Harris emphasized that businesses can only survive by maintaining minimal profits to cover operating costs. He expressed concerns about purchasing fuel at ₦880 per litre, only for the price to drop to ₦840–₦870, making it difficult for retailers to recover their investments.

Speaking on price regulation in the downstream sector, he noted that PETROAN members have the capacity to import or buy locally refined products. However, he stressed that they would not operate at a loss.

“We have always implemented stakeholder agreements, and we have the capacity to import or purchase locally refined products. But with prices fluctuating without clear business consultations, we urge the NMDPRA and the Consumer Protection Agency to take action and work with stakeholders to ensure a stable market and pricing system,” he said.

Oil marketers are calling for regulatory intervention to prevent further disruptions in the sector and ensure price stability for both businesses and consumers

March 11, 2025 0 comments
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Sanwo Olu
Headlines

Traders Lament as Sanwo-Olu Orders Demolition of 500 Shops in Owede Market

by Nelson Ugwuagbo March 11, 2025
written by Nelson Ugwuagbo

The Centre for Human and Socio-Economic Rights (CHSR) has condemned the demolition of over 500 shops at Owode Motor Spare Part Market, Owode Onirin, allegedly carried out by the Lagos State Building Control Agency (LASBCA).

The demolition, which occurred in the early hours of Thursday, March 6, 2025, was reportedly part of an enforcement exercise targeting the neighboring Agbajoowo Market. However, traders claim LASBCA wrongfully extended the operation into Owode Market, resulting in the destruction of hundreds of shops.

In a petition to Governor Babajide Sanwo-Olu, CHSR President, Comrade Alex Omotehinse, described the demolition as “a brazen act of land grabbing” that threatens the livelihoods of thousands of traders and the economic stability of Lagos State. The organization urged the governor to intervene urgently to prevent further hardship for affected traders.

Traders also accused security operatives of targeting their association chairman, Comrade Abiodun Hammed, who was arrested and detained at FCID Alagbon before being granted bail. They allege that police imposed strict conditions barring him from the market and restricting his involvement in market affairs.

With losses amounting to billions of naira, CHSR is demanding immediate government action to address the alleged injustice and ensure the protection of traders under the law. The organization emphasized its commitment to defending fundamental human and socioeconomic rights, calling for fairness, justice, and adherence to the rule of law.

March 11, 2025 0 comments
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Lukarawa
Headlines

Lakurawa Terrorists Kill 13, Burn Eight Villages in Kebbi State

by Nelson Ugwuagbo March 11, 2025
written by Nelson Ugwuagbo

At least 13 people have been killed in a reprisal attack by the Lakurawa terrorist group on Birnin Dede village in Arewa Local Government Area of Kebbi State. The attack follows the recent killing of the group’s leader, Maigemu, by a joint security operation.

According to a survivor, Malam Umar, the assailants struck late at night, targeting multiple communities. He noted that only one village, which had a military presence, was spared.

Arewa Local Government Chairman, Sani Aliyu, confirmed the incident in a telephone interview with journalists.

Kebbi State Commissioner of Police, CP Bello M. Sani, who visited the affected areas, reported that two individuals sustained gunshot wounds, while an unspecified number of people were also injured. Eight communities were set ablaze during the attack.

March 11, 2025 0 comments
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Lagos
Entertainment

Lagos Government Announces Africa’s First AI-Themed Feature Film, Makemation

by Nelson Ugwuagbo March 10, 2025
written by Nelson Ugwuagbo

The Lagos State government has announced the release of Makemation, Africa’s first feature film centered on technology and artificial intelligence.

In a statement on Sunday, Governor Babajide Sanwo-Olu revealed that the film will premiere in cinemas across Nigeria on Easter Weekend, April 18, 2025.

Makemation highlights the growing influence of Africa’s youth, particularly young girls, in leveraging artificial intelligence and technological innovations to address critical challenges on the continent.

Described as a coming-of-age drama, the film follows the journey of a young girl from a low-income community in Lagos. Despite facing numerous hardships, her intelligence, determination, and resilience drive her toward success. The storyline blends entertainment with themes of hope and transformation, emphasizing how innovation can serve as a catalyst for eradicating poverty.

Governor Sanwo-Olu reiterated his administration’s commitment to nurturing the creative industry, stressing the role of technology in storytelling and economic growth.

“We have consistently prioritized the growth of our creative industry and believe that fostering creativity and innovation is crucial for our state’s development,” he stated on his X handle.

“By supporting initiatives like this, we aim to promote our talented filmmakers and artists while showcasing technology’s immense potential in storytelling. Together, we are building a vibrant creative ecosystem that entertains, drives economic growth, and positions Lagos as a leading hub for the arts in Africa.”

The film features renowned Nollywood actors, including Richard Mofe-Damijo, Tony Umez, Shaffy Bello, Ibrahim Chatta, Toyin Afolayan, and Ali Nuhu. Makemation explores the intersection of human experience and artificial intelligence, merging innovation with compelling storytelling.

March 10, 2025 0 comments
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NiMet
Headlines

NiMet Forecasts Sunshine and Haziness Across Nigeria from Monday to Wednesday

by Nelson Ugwuagbo March 10, 2025
written by Nelson Ugwuagbo

The Nigerian Meteorological Agency (NiMet) has predicted sunny and hazy weather conditions across the country from Monday to Wednesday.

In its weather outlook released on Sunday in Abuja, NiMet forecasted persistent sunny and hazy skies over the northern region throughout the period.

For the North Central region, the agency predicted mostly sunny skies with patches of clouds in the morning. However, isolated thunderstorms, with or without rainfall, are expected in the afternoon and evening over parts of Kogi, the Federal Capital Territory, Nasarawa, Niger, and Kwara States.

In the southern region, cloudy skies with intermittent sunshine are anticipated in the morning, while localised thunderstorms may occur over parts of Lagos, Cross River, and Akwa Ibom. Later in the day, thunderstorms are expected in Ondo, Ekiti, Osun, Ogun, Oyo, Edo, Ebonyi, Imo, Abia, Delta, Cross River, Rivers, Akwa Ibom, and Bayelsa States.

On Tuesday, NiMet forecasted continued sunny conditions in the northern region, with similar weather patterns expected in the North Central region.

For the southern region, cloudy skies with sunshine spells are anticipated in the morning, with morning thunderstorms likely over Cross River, Delta, and Akwa Ibom States. In the afternoon and evening, localised thunderstorms are expected over Osun, Ogun, Oyo, Ondo, Edo, Ebonyi, Abia, Anambra, Imo, Delta, Cross River, Rivers, Akwa Ibom, and Bayelsa States.

By Wednesday, NiMet projected that sunny skies would persist in the northern region. In the North Central region, morning conditions will remain sunny with scattered clouds, while localised thunderstorms are expected later in the day over Nasarawa, the Federal Capital Territory, Kogi, and Kwara States.

For the southern region, the forecast includes cloudy skies with sunshine spells in the morning, followed by afternoon and evening thunderstorms in Ogun, Ondo, Edo, Imo, Delta, Cross River, Akwa Ibom, Rivers, and Bayelsa States.

NiMet advised the public to take necessary precautions, warning that strong winds could accompany thunderstorms in affected areas.

“Individuals with respiratory conditions, particularly in northern states, should take protective measures,” the agency stated.

It urged airline operators to obtain airport-specific weather reports for effective flight planning and advised residents to stay updated on weather conditions through NiMet’s official website at

March 10, 2025 0 comments
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Chatham House
Headlines

Chatham House Warns Against Strengthening Naira, Says Depreciation Boosts Competitiveness

by Nelson Ugwuagbo March 10, 2025
written by Nelson Ugwuagbo

Chatham House, a UK-based international policy think tank, has advised the Nigerian government against artificially strengthening the naira, arguing that its depreciation has enhanced the country’s economic competitiveness.

In a report titled Nigeria’s Economy Needs the Naira to Stay Competitive, the think tank stressed that for sustainable long-term growth, authorities should resist the urge to fight inflation by propping up the naira against the dollar.

According to the report, while inflation has risen under President Bola Tinubu’s economic policies, his reforms remain the most viable path to lasting economic progress.

“A key aspect of these reforms has been Tinubu’s decision to allow the naira to undergo a significant devaluation, dropping from N460 per dollar around the 2023 elections to nearly N1,500 today,” the report stated.

It described the naira’s devaluation as one of the most substantial currency adjustments globally in recent years, second only to Ethiopia’s birr.

“With the naira’s decline, Nigeria is arguably at its most competitive level in the past 25 years,” the report noted.

Chatham House warned that making the dollar artificially cheap would drive up imports, worsening the trade deficit and increasing financial vulnerability. It pointed out that global investors can quickly lose interest in riskier economies, making it harder to finance deficits and leading to financial instability.

“Keeping the dollar undervalued encourages businesses and individuals to move their money abroad, seeking safer investment destinations at a low cost. When capital flows out of a country, it becomes difficult to establish a foundation for economic growth,” the think tank stated.

March 10, 2025 0 comments
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Oyo State
Headlines

Oyo State Tertiary Institutions Begin Indefinite Strike Over Unpaid Wages

by Nelson Ugwuagbo March 10, 2025
written by Nelson Ugwuagbo

Tertiary institutions owned by the Oyo State government commenced an indefinite strike on Monday over the non-payment of staff minimum wage and other outstanding arrears.

Chairman of the Joint Action Committee (JAC) of Oyo State Tertiary Institutions, Dr. Kola Lawal, confirmed the development in Ibadan, stating that the unions were also demanding the implementation of the approved 25 and 35 per cent salary increments.

JAC, which comprises 15 unions across five state-owned tertiary institutions, has been in discussions with management to resolve the issues, Lawal said.

“Since January 2024, our counterparts in other institutions have been benefiting from the approved 25 per cent and 35 per cent salary increments.

“However, despite several meetings, notices, and ultimatums, our management has been unable to implement these increases and the new minimum wage.

“Notably, institutions such as Ladoke Akintola University of Technology and Emmanuel Alayande University of Education promptly implemented the increment,” he stated.

Lawal recalled that the unions had embarked on a two-day warning strike on February 6 and 7, 2025, to press for their demands, after which a final three-day ultimatum was issued, taking into account ongoing accreditation exercises.

“Regrettably, as of March 5, 2025, no substantial progress has been made,” he added.

As a result, JAC said it was left with no option but to declare an indefinite strike, demanding that all outstanding concerns be addressed.

“We are also demanding an increase in the subvention released to the institutions to enable them to meet their financial obligations, including the payment of the approved wage structure.

“We urge all members to stand united and participate fully in this strike action.

“We also appeal to His Excellency, Engr. Oluseyi Makinde, Governor of Oyo State, to intervene and ensure that the welfare of workers in our state-owned tertiary institutions is prioritised,” Lawal said.

March 10, 2025 0 comments
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GWR
Africa & World

Indian Teenager Lalit Patidar Sets Guinness World Record for Hairiest Face

by Nelson Ugwuagbo March 10, 2025
written by Nelson Ugwuagbo

Indian teenager Lalit Patidar has secured a Guinness World Record (GWR) for the hairiest face on a male, with an official measurement of 201.72 hairs per square centimetre, according to a statement by Guinness World Records (GWR).

GWR described the 18-year-old as having a “one-in-a-billion werewolf syndrome,” scientifically known as hypertrichosis, a rare condition that results in excessive hair growth. The statement noted that “over 95 per cent of his face is covered in hair.”

Reacting to the recognition, Lalit expressed his excitement, saying, “I am speechless, I don’t know what to say because I’m very happy to receive this recognition.”

GWR highlighted the rarity of Lalit’s condition, stating that he is one of only around 50 documented cases worldwide since the Middle Ages, making him “one in a billion and certainly a special person.”

Despite achieving the record, Lalit has faced challenges, including ridicule and stares from others. The statement recounted his experiences, noting that his schoolmates were initially afraid of him.

“The other children at school were even scared of him when he arrived on his first day,” GWR stated.

Lalit recalled, “They were scared of me, but when they got to know me and started talking to me, they realised I was not so different from them. It was just my appearance that was different, but inside, I am the same.”

Although most people treat him well, he acknowledged that some have been less kind. In response to those who suggest he remove his facial hair, he said, “There is not much to say to people about that. I tell them that I like how I am, and I don’t want to change my look.”

Lalit has embraced his identity despite the challenges, drawing strength from his family and sharing his experiences online.

“Lalit fully embraces who he is and what makes him unique, even inviting others to follow his daily life on his YouTube channel,” GWR added.

His record was officially confirmed during a trip to Milan, Italy, where he appeared on GWR’s television show Lo Show dei Record. As part of the verification process, a trichologist assessed his facial hair by shaving small portions to determine the hairs per square centimetre.

March 10, 2025 0 comments
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Accident
Headlines

Four Dead, Nine Injured in Lagos-Ibadan Expressway Accident

by Nelson Ugwuagbo March 10, 2025
written by Nelson Ugwuagbo

A devastating accident occurred on the Lagos-Ibadan expressway on Sunday evening, resulting in the loss of four lives and leaving nine others injured.

According to Florence Okpe, spokesperson for the Federal Road Safety Corps (FRSC) in Ogun, the accident happened around 8:30 pm and involved a vehicle carrying 13 passengers.¹

Preliminary investigations suggest that the driver’s excessive speed and a tyre burst contributed to the tragic incident. The victims comprised five men and eight women, with two men and two women sadly losing their lives.

Three men and six women sustained varying degrees of injuries and are currently receiving medical attention at a nearby hospital.

The FRSC has urged motorists to exercise caution and adhere to safety guidelines while driving. Akinwumi Fasakin, FRSC sector commander, emphasized the importance of regular vehicle checks, maintaining speed limits, and installing speed limit devices. Fasakin also called on fleet operators to prioritize safety above all else.

This incident serves as a stark reminder of the importance of road safety and responsible driving practices.

March 10, 2025 0 comments
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