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Zamfara State Allocates-N7.2 Billion For Gusau Investment House Project Completion (Details)

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The Zamfara State Government has earmarked N7.2 billion for the successful completion of the Gusau Investment House project, according to Abdurrahman Tumbido, the State Commissioner for Commerce, Industry, and Tourism. Tumbido made this announcement on Saturday in Gusau while addressing reporters after presenting the ministry’s 2024 appropriation at the State House of Assembly…..CONTINUE READING....KINDLY READ THE FULL STORY HERE▶

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Governor Dauda Lawal had earlier presented a N423.5 billion Appropriation Bill for the 2024 fiscal year to the assembly. The Gusau Investment House project, a 10-storey building initiated during the administration of former Governor Mahmud Shinkafi, remains incomplete.

Tumbido highlighted that Governor Lawal included the project in the 2024 state appropriation for implementation. He further elaborated, stating, “The state government has proposed the execution of various development projects totaling N17 billion under the ministry.”

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Among the major projects outlined in the budget are the completion of the Gusau hotel project, the reconstruction of Gusau old market, and the modernization of Gusau Central market, among others.

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Tension In UK As Nigerians Push For INEC Chairman’s Removal Ahead Of 2027.

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A group of Nigerians has staged a protest at the United Kingdom Parliament, calling for the removal of the Chairman of the Independent National Electoral Commission (INEC) ahead of the 2027 general elections.....KINDLY READ THE FULL STORY HERE▶

The demonstrators reportedly gathered outside the parliamentary complex, expressing dissatisfaction with the leadership of the electoral body in Nigeria and demanding immediate action.

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They insisted that the INEC chairman should be removed, alleging concerns over credibility and trust in the electoral process as the country prepares for the next election cycle.

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The protest drew attention from passersby and security personnel, as the group maintained their position that electoral reforms and leadership changes were necessary to restore public confidence.

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National Security At Risk? Shehu Speaks On Poor Military Budgeting.

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Public commentator Mahdi Shehu has expressed concern over what he described as inadequate funding for military equipment, warning that it could endanger the lives of soldiers in active service.....KINDLY READ THE FULL STORY HERE▶

In a post shared on his official X account on Monday, Shehu reacted to reports suggesting that only a small fraction of the Nigerian Army’s 2025 budget for security equipment has been released.

He stated that although over ₦20 billion was approved for the procurement of security equipment, only about ₦1.7 billion—roughly 7 percent—has reportedly been disbursed so far.

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Shehu questioned the possible impact of the funding gap on troop safety, suggesting it could be linked to growing battlefield casualties.

He also raised concerns about reported cases of soldiers abandoning their posts, implying that insufficient equipment and support may be contributing factors.

The commentator further asked what had become of funds borrowed in the name of addressing insecurity, calling for accountability in their use.

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Shehu also suggested that delays or restrictions in releasing security funds could have serious consequences for both military personnel and civilians.

He expressed worry that different levels of government may not be fully meeting their responsibilities in ensuring the safety of lives and property.

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Nigeria Feels Heat As US–Israel–Iran Tension Sparks Economic Pressure — Edun.

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Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has said that the ongoing tensions involving the United States, Israel, and Iran are triggering global energy shocks that are contributing to rising inflation in Nigeria.....KINDLY READ THE FULL STORY HERE▶

Speaking on the economic impact of the geopolitical crisis, Edun explained that disruptions in global oil markets have pushed up energy costs, which in turn are feeding inflationary pressures across countries, including Nigeria.

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He noted that Nigeria, while implementing economic reforms, is still exposed to external shocks from global events, particularly those affecting crude oil prices and energy supply chains.

According to him, the ripple effects of the conflict are evident in rising transportation, production, and food costs, which continue to strain households and businesses.

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Edun maintained that the government is monitoring the situation closely and adjusting its economic policies to cushion the impact, while also strengthening reforms aimed at stabilising the economy amid global uncertainty.

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