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Afe Babalola: Amazon lists Dele Farontimi’s book on Nigerian judiciary as number one bestseller worldwide

by Folarin Kehinde December 5, 2024
written by Folarin Kehinde

Global tech and retail giant Amazon has listed a Nigerian-themed book as its number one bestseller in global politics after its author was arrested on the orders of a controversial lawyer and businessman.

Dele Farotimi’s ‘Nigeria and Its Criminal Justice System’ surged to the first position on Amazon Thursday morning, after trending starting Wednesday afternoon, Peoples Gazette checks showed.

The demand for Mr Farotimi’s on global platforms like Amazon followed a similar rush to bookstores across Nigeria, where citizens were curious to learn its content.

The global interest followed Mr Farotimi’s arrest on the orders of Afe Babalola, a 93-year-old senior Nigerian lawyer who corruption allegations have long dogged. Nigerian-themed rarely make Amazon’s bestselling chart, and Mr Farotimi’s book beat globally-acclaimed works like ‘Why Nations Fail’.

Mr Farotimi, a retired lawyer based in Lagos, used the book to criticise corruption in the Nigerian judiciary and specifically namechecked Mr Babalola as one of the top offenders.

Mr Babalola “compromised the Supreme Court and the remaining semblance of integrity it might have had,” Mr Farotimi wrote while narrating a case in which the nonagenarian lawyer approached “the Supreme Court and got that court to swim in the sewer of corruption and shameful self-abnegation.”

The book, published in July 2024, buttressed a longstanding public suspicion that Mr Babalola was among those befouling the Nigerian judicial by corrupting judges with cash and material bribes to influence judges from lower courts to the Supreme Court.

The book saw low sales following its publication until Mr Farotimi was seized by armed policemen in Lagos on Tuesday morning and subsequently transported to Ado Ekiti, about 300 kilometres northeast of the nation’s commercial capital, where Mr Babalola is best known as the largest employer of labour.

Following his initial arraignment on Wednesday morning in Ekiti, a judge remanded Mr Farotimi in custody pending a bail hearing on December 10. The police said the book “was likely to cause fear and alarm to the public or disturb the public peace,” according to the charge sheet seen by The Gazette.

Mr Babalola has long faced public criticism as one of the senior lawyers notorious for their ability to influence court judgements across the country, eroding public trust in the Nigerian judiciary. He has often denied the allegations, but some judges have lamented how some lawyers were known for their ability to undermine the judicial system by buying judgements. He was not specifically mentioned in the allegations by retired Justice Dattijo Muhammad.

The detention has sparked public outrage, with Nigerians demanding Mr Farotimi’s release while raining invective against Mr Babalola, who is widely adjudged the most influential private citizen in Ekiti State.

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French Prime Minister
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French Prime Minister Resigns After Vote of No Confidence Passes in Parliament

by Nelson Ugwuagbo December 5, 2024
written by Nelson Ugwuagbo

French Prime Minister Michel Barnier submitted his resignation to President Emmanuel Macron on Thursday, following his defeat in a parliamentary vote of no confidence. The development plunges France into deeper political and financial uncertainty.

Barnier, poised to become France’s shortest-serving prime minister in modern history, arrived at the Elysee Palace at 9:00 a.m. GMT to formally step down, as required by the constitution after a parliamentary defeat.

The no-confidence motion, tabled by the hard-left opposition and supported by Marine Le Pen’s far-right party, secured a majority in parliament on Wednesday.

Barnier’s ouster follows snap parliamentary elections earlier this year, which produced a hung parliament with no party holding a clear majority. The far right emerged as a key player in determining the government’s survival.

The immediate trigger for the no-confidence vote was Barnier’s proposed 2025 budget, which included unpopular austerity measures aimed at stabilizing France’s finances. A majority of lawmakers rejected the plan, deeming it unacceptable.

The outgoing premier had further fueled tensions on Monday by forcing through a social security financing bill without parliamentary approval, a move that sparked widespread criticism.

The collapse of Barnier’s government has left France without an approved budget for 2025. Under the current circumstances, the previous year’s budget will automatically roll over into next year unless a new administration manages to pass a new budget before Christmas — a prospect considered highly unlikely.

President Macron is now tasked with urgently appointing a new prime minister to stabilize the political and financial chaos engulfing the country.

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Military
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Military Veterans Shut Down Finance Office Over Unpaid Pensions

by Nelson Ugwuagbo December 5, 2024
written by Nelson Ugwuagbo

The Coalition of Military Pensioners on Thursday sealed off the Federal Ministry of Finance building in Abuja to protest the non-payment of their entitlements.

The retired military officers, who traveled from various states, accused the federal government of failing to pay their 20–28 percent salary raise for the period spanning January to November 2024.

Their demands include the payment of palliatives for October 2023 to November 2024, the disbursement of a N32,000 allowance, payment of the Security Debarment Allowance (SDA), and the refund of deductions from the pensions of medically discharged soldiers.

Innocent Azubuike, one of the protesters, decried the hardship caused by the delay.

“We were told that approval has been secured for the payment of our entitlements. The only thing left is cash backing,” he said.

“They assured us that our long-overdue entitlements would be paid in November, but November is gone, and there is no indication of when this will happen. This matter is with the Ministry of Finance, not the Ministry of Defence.”

In January 2023, the Military Pensions Board (MPB) attributed the delay in paying the SDA to challenges involving the Central Bank of Nigeria (CBN) and commercial banks.

This is not the first time retired military officers have staged protests over unpaid benefits. In 2022, retired members of the Nigerian Armed Forces (REMENAF) and the Coalition of Concerned Military Veterans (CCV) picketed the Ministry of Defence in Abuja over similar issues.

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Headlines

Journalists locked out from covering Zamfara gov’s 2025 budget presentation

by Folarin Kehinde December 5, 2024
written by Folarin Kehinde

Security operatives barred journalists from covering the 2025 budget presentation by Governor Dauda Lawal at the Zamfara State House of Assembly in Gusau on Thursday, sparking outrage among media professionals.

The journalists, who arrived at the Assembly complex as early as 9 am were reportedly ordered to leave by security personnel just as the governor made his way into the chamber.

Efforts by the governor’s media aide, Sulaiman Bala Idris, to mediate were rebuffed by the security officers, who stood their ground despite appeals to allow the journalists to perform their constitutional duties.

“Please take it easy. I know how you feel, but I assure you we will rectify the issue,” Idris told the visibly frustrated journalists.

However, only Channels Television and TVC reporters were granted access to cover the event, further fuelling suspicions among the excluded press corps.

A source within the Assembly complex, who spoke on condition of anonymity, attributed the move to a potential quorum issue among lawmakers.

“Blocking journalists was a deliberate decision because only a few members were present in the chamber, and they did not meet the quorum required to officially receive the governor for the budget presentation,” the source alleged.

Of the 24 Assembly members, only a fraction reportedly attended the session, raising questions about the validity of the proceedings.

The exclusion of journalists has drawn criticism from media practitioners, who have called for greater respect for press freedom and transparency in government activities.

Efforts to reach the Assembly leadership for comment were unsuccessful at the time of filing this report.

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Bitcoin
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Bitcoin Hits $100k Milestone, Setting Historic Record

by Nelson Ugwuagbo December 5, 2024
written by Nelson Ugwuagbo

Bitcoin, the world’s leading cryptocurrency by market capitalization, crossed the $100,000 mark on Thursday, marking a historic milestone in its 15-year history.

Launched in January 2009, Bitcoin reached an all-time high of $103,587 at 5:05 a.m. on Thursday, after closing at $98,318.24 the previous day, according to CoinMarketCap. As of 9:14 a.m., it had settled at $102,635.02.

The cryptocurrency market capitalization soared to $3.81 trillion, adding $477 billion in just 24 hours. Bitcoin accounted for 52.8% of the market share, with Ethereum, the second-largest cryptocurrency trading at $3,860, holding 12.1%. Other cryptocurrencies shared the remaining 35.1%.

Bitcoin’s meteoric rise began on November 5, following Donald Trump’s victory in the U.S. presidential election. On the same day, the digital asset surged to $75,000. It crossed $80,000 on November 10, reached $89,000 two days later, and surpassed $92,000 on November 13.

The rally has been attributed to optimism over a potential crypto-friendly regulatory environment under Trump’s administration. Reports suggest that Trump’s nomination of Paul Atkins as chairman of the Securities and Exchange Commission (SEC) has fueled positive sentiment in the market. Atkins, a co-chair of the Token Alliance under the Chamber of Digital Commerce, is known for advocating for the crypto industry.

Charles Hoskinson, founder of the cryptocurrency Cardano, projected that Bitcoin’s price could rise to $250,000 within two years. He described this as the lowest target, suggesting the potential for the price to reach as high as $500,000.

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Headlines

Abia Governor assure workers of 13th Month Salary before 20th December

by Folarin Kehinde December 5, 2024
written by Folarin Kehinde

Governor of Abia State, Alex Otti, has announced plans by his administration to pay both the December and the 13th month salaries to workers before December 20, 2024.

Speaking during a critical meeting with leaders of workers’ unions in the state including the Nigeria Labour Congress (NLC), Otti assured that just like he did last year, he will pay the 13th month salary.

“I am getting ready, before 20th, we will pay December salaries so that you can be able to shop for Christmas,” Governor Otti told the workers.

Afterwards, the NLC chairman, Ogbonnaya Okoro, commended Governor Otti for his commitment to the welfare of workers and his swift response to address salary structure concerns.

“I want to give you kudos sir, you must succeed, and we are rightly behind you. We will go extra mile to support your administration.

“So, for other issues, after now we will articulate them. We will appreciate you for the ones you have done and will appeal that you attend to the other ones,” Okoro said.

Also at the meeting, Otti berated the state chapter of the People’s Democratic Party (PDP) for setting up a shadow government in the state, describing it as a treasonous offense.

He vowed to take severe legal action within the framework of the law against the opposition party.

The governor, while raising eyebrows over the development, described the move as “baseless” and “an indication of ignorance about Nigeria’s political structure.”

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Headlines

“Lagos Will Lose” – Governor Sanwo-Olu Speaks on Tinubu’s Tax Reform Bills

by Folarin Kehinde December 5, 2024
written by Folarin Kehinde

Lagos State Governor, Babajide Sanwo-Olu, has backed the federal government-led tax reform, describing the state’s position as “extremely comfortable.”

The governor made this known during an interview with the News Agency of Nigeria (NAN) on the sidelines of the Africa Investment Forum, Market Days 2024, in Rabat, Morocco.

Sanwo-Olu advised people to take time to read the provisions of the reform and fully understand what it aims to achieve. The governor debunked claims that Lagos would be the major beneficiary of the reform, stating that the state would actually lose in some areas but would have a bigger opportunity to play a more significant role.

The governor expressed his positive attitude towards the reform, describing it as “wonderful.” He noted that Nigeria’s tax-to-GDP ratio is one of the lowest in the world, emphasizing the need for change. Sanwo-Olu assured that the intention of the reform is not to hurt anyone but to better the lot of all Nigerians.

“What those uncomfortable with the tax reform are not willing to accept is that there is no way of making an omelette without breaking the egg.

“You cannot make changes if the reforms are not set in. I have advised that people should take time to read the provisions of the reform very well and to fully understand what they’re trying to do.

“I’ve seen comments around. Comments like Lagos is going to be the major beneficiary. It is not true. Lagos is actually going to be shaped off in some places, but on a larger scale basis, we see it as a global thing for a better governance structure.

“All of us will play better, and we’ll be able to discipline ourselves more. One of the things that you will see is that you need to work harder for you to get the full benefit of the reform. So it’s not just an easy kill,” he said.

The governor added that if the changes were not made, greater opportunities were inherent in the states of the federation as well as non-governmental actors.

According to him, Lagos State, indeed, will lose here and there, but will also have a bigger opportunity to have a bigger role to play.

“I have a positive attitude to it. I see it as a very wonderful reform.

“Tax-to-GDP ratio in Nigeria is one of the lowest in the world.

“So, there are a few things that need to happen, and like I keep saying, not only when you make those changes, you will not be able to see the opportunities that are found in your account.

“We really need to be bullish. We need to be encouraging ourselves and know that the intention is not to hurt anybody. This, I am very sure of.

“The intention is to better a lot, but not just better a lot of one person or one set of people. It’s for all of us, and so we should look at it this way,” he said.

The tax reform bills proposed by President Bola Tinubu have led to significant controversy, with some governors and traditional rulers of Northern Nigerian states rejecting the bill, citing that it does not align with the interests of the North and other sub-national entities.

Some of the key provisions of the bill include an increment in Value Added Tax (VAT) from 7.5 percent to 10 percent by 2025, a 27.5 percent company tax rate, a 4 percent development levy on companies, and a 5 percent excise tax on lottery and gaming income.

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Apc
Headlines

Ibori’s Daughter Dumps PDP, Defects To APC

by Nelson Ugwuagbo December 5, 2024
written by Nelson Ugwuagbo

Erhriatake Ibori-Suenu, daughter of former Delta State Governor, James Ibori, has officially defected from the Peoples Democratic Party (PDP) to the All Progressives Congress (APC).

Her defection was announced in a letter read on the floor of the House of Representatives on Thursday. Ibori-Suenu represents Ethiope Federal Constituency in the House.

James Ibori, who governed Delta State from 1999 to 2007, is widely regarded as a significant influence within the PDP’s political structure in the state.

This move comes amid a wave of defections within the minority caucus in the National Assembly. Earlier, four Labour Party lawmakers also defected to the ruling APC.

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Headlines

Senate halts action on tax reform bills

by Folarin Kehinde December 5, 2024
written by Folarin Kehinde

The Senate has suspended action on the tax reform bills currently before it.

It further instructed the Committee on Finance to stay action on the public hearing pending the time the agitation in the public space is addressed.

The Senate further constituted a special committee to meet with the executive branch and work with the Federal Government to resolve the issues surrounding the tax reform bills.

This was made known by the Deputy Senate President, Jibrin Barau, who presided during the plenary on Wednesday.

There have been a lot of controversies surrounding the Tax Reform Bills since its introduction to the National Assembly.

The bills are the Joint Revenue Board of Nigeria (Establishment) Bill, 2024; Nigeria Revenue Service (Establishment) Bill, 2024; Nigeria Revenue Service (Establishment) Bill, 2024 and Nigeria Tax Bill, 2024.

Northern governors have rejected the bills, describing them as anti-democracy.

Following this, the National Economic Council requested that the tax reforms bill be withdrawn from the NASS for more consultations.

Amidst the controversy, Senator Shehu Buba (APC, Bauchi South) in an interview with British Broadcasting Service, Hausa Service said Northern Senators agreed to recall the Tax Reforms Bills.

He said, “These bills are complex and require thorough review by tax policy experts.”

He claimed that northern lawmakers strongly oppose the proposed “derivation” formula in the value-added tax (VAT) distribution system, arguing that northern states would be unfairly impacted.

Also, on Tuesday, the president instructed the Ministry of Justice to liaise with the judiciary.

Speaking about these controversies, the Deputy Senate president noted that the delegation will meet on Thursday at the National Assembly to resolve all the issues that have been the cause of the uproar.

Barau said, “On the tax reform bills currently before us, we acknowledge that the Senate remains the highest legislative assembly in this country.

“The Senate comprises men and women of wisdom and experience, entrusted to legislate for the peace, stability, and development of the nation.

“The Senate of the Federal Republic of Nigeria, like similar bodies globally, serves as a stabilising force in times of difficulty or disagreement. Through dialogue and consensus, the Senate has consistently provided solutions to national challenges since 1999.”

He added, “In this regard, we have decided to set aside politics, ethnicity, and regionalism to work together on resolving the issues surrounding the tax reform bills.

“In collaboration with the Executive Arm of Government, we agreed to establish a forum to identify and address contentious areas to ensure national unity and progress.

“Before the introduction of these bills, we faced numerous challenges, including insecurity and economic issues.

“The President has been working to address these problems, and we are committed to supporting these efforts while tackling global economic challenges. We also agreed that no other issues should aggravate the country’s current difficulties.

“It has been mutually decided between the Executive and the Senate to engage the Judiciary to sort out these matters.

“the Attorney General of the Federation will be involved in discussions to identify and resolve areas of disagreement for the nation’s benefit.

“Tomorrow, the committee established by the Senate, along with its leadership, will meet with the Attorney General to address these issues.”

Barau further instructed, “Consequently, the Senate Committee on Finance has been directed to pause further actions on public hearings and other matters related to the tax reform bills until the issues are resolved.”

Members of the committee are all the leadership of the Senate including other members, Adamu Ailero (PDP, Kebbi Central), Orji Kalu (APC, Abia North), Seriake Dickson (PDP, Bayelsa West) Titus Zam (Benue South), Abdullahi Yahaya (Kebbi), Adeola Olamilekan (APC, Ogun West), Sani Musa (APC, Niger East) and Adetokunbo Abiru (APC, Lagos East).

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Headlines

Borno deputy Gov, over 100 passengers narrowly escape Max Air mishap over engine failure

by Folarin Kehinde December 5, 2024
written by Folarin Kehinde

Borno State Deputy Governor, Alhaji Umar Usman Kadafur, and over 100 passengers narrowly escaped a tragic incident when a Max Air aircraft experienced an engine fire shortly after takeoff from Maiduguri International Airport.

The incident occurred around 7 p.m. on Wednesday when the aircraft, en route to Abuja, suffered engine failure caused by a bird strike about 10 minutes into the flight. The pilot and crew managed to execute an emergency landing back at Maiduguri Airport, averting disaster.

A Max Air staff member, who spoke on condition of anonymity, confirmed the incident on Thursday morning.

The staff member explained: “Shortly after takeoff, the aircraft struck a bird mid-air, which caused one of the engines to catch fire. The pilot acted swiftly to ensure the safety of all passengers.”

Following the emergency landing, passengers were reportedly in a state of panic, with many opting to collect their luggage and return home rather than board another flight.

However, Max Air management promptly arranged for another aircraft from Kano to transport resilient passengers, including the Deputy Governor, safely to Abuja.

The ill-fated aircraft remains grounded at Maiduguri International Airport, undergoing extensive repairs. Investigations into the incident are currently underway.

The airport authorities have reassured passengers of their commitment to safety and thanked the crew for their professionalism in managing the situation.

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