South African business mogul, Johann Rupert, has retained Africa’s richest man for the year 2024, after displacing Nigerian billionaire, Aliko Dangote. This was revealed by Forbes Real-Time Billionaires, a ranking platform that tracks day-to-day alterations to the net worth of the most high-net-worth individuals in the world. Forbes disclosed that Dangote, the founder of the Dangote Group conglomerate, moved down to second place after his wealth fell from $13.5 billion in 2023 to $9.7 billion as of Thursday, January 4, 2024 — indicating a $3.8 billion loss. In the same vein, Rupert’s net worth decreased from $10.7 billion in…
Author: Alexander
Speaker of the Federal House of Representatives, Abbas Tajudeen, on Wednesday, unveiled a 484-bed hall of residence donated to the University of Lagos by the Chief of Staff to the President, Femi Gbajabiamila. This was disclosed in a series of tweets and photos shared on the official X handle of the University of Lagos on Wednesday. According to the posts, the 484-bed space hall of residence is a contribution by Gbajabiamila to the physical infrastructure development of his alma mater. It read, “The Femi Gbajabiamila Hall of Residence at #UnilagNigeria will be officially commissioned today. “The 484-bed hostel facility…
Ondo State Governor, Lucky Aiyedatiwa, has directed caretaker chairmen across the 18 Local Government Areas and the newly created 33 Local Council Development Areas (LCDAs) of the state to obey court order and vacate their seats. The government also directed the Heads of Local Government Administration in each of the councils to take charge. The government announced the dissolution of the caretaker administrations in a memo signed by Adewale Alonge on behalf of the Permanent Secretary of the Ministry of Local Government and Chieftaincy Affairs. The memo dated January 2, 2024, said the decision was based on…
The Nigerian National Petroleum Company (NNPC) Limited has denied that it had a dispute with independent petrol marketers over an alleged subsidy on Premium Motor Spirit (PMS). There were reports that fuel marketers under the aegis of the Independent Petroleum Marketers Association of Nigeria clashed with the NNPC over whether the government was still paying subsidy. However, in a terse statement sent to Channels Television on Wednesday, NNPC spokesman, Olufemi Soneye, said subsidy has been entirely removed on petrol. “NNPC Ltd emphasises it has not clashed with any party,” Soneye said, adding that the publication’s headline (not…
The Economic and Financial Crimes Commission (EFCC) is expected to question the former Minister of Humanitarian Affairs, Disaster Management, and Social Development, Sadiya Umar-Farouk over an alleged N37.1 billion fraud. A top EFCC source confirmed this to Channels Television in a telephone interview on Wednesday. Umar-Farouk served as minister under former President Muhammadu Buhari from August 2019 to May 29, 2023. Last week, the former minister was invited by the anti-graft agency following a probe that was launched into her activities in the ministry when she held sway. She was being investigated over the sum of…
The Federal Road Safety Commission (FRSC) has announced the redeployment of three senior officers including two deputy corp marshals. The announcement was made by the Deputy Corps Public Education Officer, Charles Edem, in a statement sent to Channels Television on Wednesday He said, “The Corps Marshal, Federal Road Safety Corps, Dauda Ali Biu has approved the redeployment of two Deputy Corps Marshals, and one Assistant Corps Marshal to key Departments and Corps offices to give a boost to existing efforts of the Corps towards creating a safer motoring environment.” Those affected include the former FRSC spokesperson, Bisi…
Hospital doctors in England on Wednesday began their longest consecutive strike in the seven-decade history of Britain’s National Health Service (NHS). Junior doctors — those below consultant level — started a six-day walkout, in a major escalation of their long-running pay dispute with the UK government. The industrial action comes at one of the busiest times of the year for the state-funded NHS, when it faces increased pressure from winter respiratory illnesses. It also quickly follows a three-day strike held by doctors just before Christmas. The NHS said the latest stoppage, which could see up to half of the medical…
A Senior Advocate of Nigeria, Femi Falana, has criticised the Chief of Army Staff Lieutenant General Taoreed Lagbaja’s statement where he sounded his disapproval for citizens to bear arms following coordinated attacks on Plateau State during the Yuletide by assailants. “I do not support that. I think that is a call for anarchy,” the Army chief said on Sunday on Channels Television’s end-of-year programme “2023: Year Of Transition” In his reply to this, Falana on Wednesday during the Sunrise Breakfast show said “In the first place, it is not correct to say Nigerians have no right to bear arms, Apart from the fact that the…
The All Progressives Congress (APC) has charged Nigerians to remain steadfast with President Bola Tinubu as he strive to deliver on his promise of improving the living conditions of all citizens. Mr Felix Morka, the party’s National Publicity Secretary said this in a statement on Tuesday in Abuja. Morka was reacting to criticism by the opposition Peoples Democratic Party (PDP) on Tinubu’s New Year message. He said PDP’s blind criticism of the new year message was a testimony of its incapacity to serve as a credible opposition party. Morka added that if the status of opposition party were a contested…
Several houses were said to have been set ablaze by the attackers who also looted farm produce and destroyed properties in the process. The Plateau State Governor Caleb Mutfwang has declared a one-week of mourning over the recent attacks in the North-Central State. About 200 persons were killed and scores wounded in separate attacks in the state in the last two weeks. While declaring the one-week mourning period, Governor Mutfwang told residents of the state that flags will be flying at half-mast during the time. “As a mark of honour for the memory of the deceased, I wish to declare…