Politics
Just In: NPA Clarifies Reasons Behind Tinubu Administration’s Decision To Reinstate Intels Boat Service Contract (Details)
The Nigerian Ports Authority (NPA) has clarified the rationale behind the Bola Tinubu government’s decision to reinstate the service boat monitoring operation with Integrated Logistic Services Nigeria Limited (Intels)….CONTINUE READING....KINDLY READ THE FULL STORY HERE▶

Contrary to speculations of Tinubu’s alleged acquisition of Intel shares and awarding of contracts to the company, the NPA explained in a statement on Sunday that the restoration of the boat service contract to Intels aimed to address a significant revenue loss during the period when the agency assumed control of pilotage management.
The NPA emphasized that the agreement with Intels was made in the national interest, foreseeing an increase in revenue generation through collaborative efforts. As part of the resolution process for the pilotage contract stalemate, Intels Nigeria Limited voluntarily waived $193 million, contributing to the overall effort.
According to the NPA, the agreement with Intels is expected to result in a savings of $326.895 million for Nigeria. The statement highlighted the adverse impact on revenue, revealing a decline from $216 million and $209 million in 2014 and 2015, respectively, under INTELS agency to $130 million and $99 million in 2020 and 2021, respectively, after NPA took over. The revenue collection up to June 2023 was reported at only $55.3 million.
Providing further details on the agreement, the NPA outlined a waiver of $100,000,000 as part of accrued interest and a reduction in the interest rate from 6-months LIBOR rate + 6.5% to 6-months SOFR rate + 3%. The NPA anticipates significant savings over the next 15 years, totaling $326,895,226, and emphasized the positive impact on fund preservation for operational needs. Additionally, the agency highlighted a reduction in the agency commission on Pilotage collections from 28% to 24.5%, providing a substantial benefit in terms of fund allocation for operational requirements over the 15-year period.
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Nigerian Newspapers: 10 Things You Need To know Tuesday morning.
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Joint security forces, alongside local hunters and vigilantes from the 12 Brigade of the Nigerian Army, successfully freed 21 abductees from a forest spanning the Egume and Ochaja areas of Dekina Local Government Area in Kogi State on August 31, 2026, as announced by Army spokesperson Lt Hassan Abdullahi.....KINDLY READ THE FULL STORY HERE▶
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Organized by the G100 civil society group and the House of Representatives Minority Caucus in Abuja to strategize a unified presidential candidate and a four-year transition government for the 2027 elections, the First National Opposition Summit experienced a blow on Monday when multiple key opposition leaders skipped the event.
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In response to claims that the anti-graft agency acts more like an APC arm than a state institution, EFCC spokesperson Dele Oyewale urged former Bayelsa State Governor Timipre Sylva—who is wanted over an alleged $14.86 million fraud—to surrender himself for interrogation on Monday.
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Following accusations by the Nigeria Democratic Congress that unauthorized names were submitted and published as its candidates for various state House of Assembly seats—especially in Anambra State—INEC has launched an internal records review.
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Iyabo Sowunmi was apprehended by the Ogun State Command of the Nigerian Correctional Service for allegedly trying to smuggle suspected illicit drugs into the Ibara Medium Security Custodial Centre in Abeokuta to her son, Dare Sowunmi, an inmate on death row, according to a Monday statement by command spokesperson Olayinka Odukoya.
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Alhaji Garba Buba, the APC chairman for Rantan Ward in Kano State’s Bebeji Local Government Area, alongside another resident named Sulaiman Zunduma, was slain on Sunday night when suspected gunmen raided the Rantan community and shot indiscriminately at locals.
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Vice-President Kashim Shettima declared on Monday that Nigeria and its citizens will reject any further mistreatment by foreign governments, strongly condemning xenophobic and Afrophobic violence targeting Nigerians and other Africans in South Africa.
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During a Monday media interactive session in Abuja celebrating his three-year tenure, EFCC Chairman Ola Olukoyede revealed that over 40 agency employees have been fired over the past three years due to corruption and financial misconduct.
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A 70-year-old man named Usman Abubakar was taken into custody by the Bauchi State Police Command for the alleged defilement of an eight-year-old girl in the Tsakanin Bayara district of Bauchi metropolis, as detailed in a statement by police spokesperson SP Nafiu Habib.
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While addressing media executives in Abuja on Monday, EFCC Chairman Ola Olukoyede detailed how public monies were systematically diverted from a local government account to a private firm before being funneled into cryptocurrency wallets.
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BLINDING SPEED! Nigerian Govt Unveils Mega Plan For 360km/h High-Speed Rail Linking Lagos To Maiduguri!.
The Federal Government has announced intentions to construct a high-speed rail line linking Lagos and Maiduguri to build a cohesive national transport system. Speaking at the 19th National Council on Transportation in Abuja, Olufunso Adebiyi, the Permanent Secretary of the Federal Ministry of Transportation, stated that the proposed route could support speeds reaching 360 kilometers per hour, offering a swift alternative to road travel. Highlighting the theme “Developing an Effective Transport System for Nigeria: The Role of Integrated Transportation,” Adebiyi emphasized transportation’s critical role in economic growth and the movement of goods and services.....KINDLY READ THE FULL STORY HERE▶
Adebiyi pointed to ongoing rehabilitation efforts as a revival of the nation’s railway sector, noting that corridors like Port Harcourt-Aba, Warri-Itakpe, Lagos-Ibadan, and Abuja-Kaduna are already completed. Furthermore, he mentioned that the Kaduna-Zaria-Kano line is nearing finalization with a projected December launch, alongside active projects on the Kaduna-Daura-Katsina, Katsina-Jibia-Maradi, and Kano-Dutse routes.
Adding to these remarks, Abel Enitan, the Head of the Civil Service of the Federation, asserted that physical infrastructure must be backed by robust institutions, solid regulation, accurate data, innovation, and a trained workforce. He called for deeper cooperation across federal, state, and agency levels to fully realize an integrated transport framework.
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ACADEMIC EARTHQUAKE! Gov Adeleke Keeps UNIOSUN VC In Power For Two More Years!
Osun State Governor Ademola Adeleke has approved a two-year tenure extension for Professor Clement Adebooye, the Vice-Chancellor of Osun State University. The announcement was made during the inauguration of the university’s newly reconstituted Governing Council at the Government House in Osogbo. According to university spokesperson Ademola Adesoji, Professor Adebooye initially turned down the proposal before ultimately accepting the extension, which the governor implemented to safeguard administrative continuity, reinforce the institutional governance framework, and avert any potential leadership vacuum.....KINDLY READ THE FULL STORY HERE▶
Alongside this extension, Governor Adeleke reappointed Professor Adewale Oladipo as Pro-Chancellor and Chairman of the Governing Council, citing his deep familiarity with the university system. Several other members—including Gbadegesin Lawal, Lateef Olalekan Olayanju, Akinola Franklin Omoniyi, Chief Funminiyi Awotide, Orija Samuel Adebayo, Adewale Adetayo Bola, and Olawale Oludayo Abolade—were also sworn into the council.
During the ceremony, Governor Adeleke called on the council to execute their duties with integrity, humility, and dedication, warning them to cooperate closely with management rather than functioning as competing centers of authority. In response, Professor Oladipo assured the administration that the council would build on past successes, while Vice-Chancellor Adebooye expressed gratitude to the state government and stakeholders, pledging to drive the institution toward becoming a top-tier university in Africa and beyond.
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