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NNDC Reports N3.24bn Profit, Credits Northern Governors’ Visionary Reforms
The New Nigeria Development Company Limited (NNDC) has announced a profit of N3.24 billion for the financial year ending March 31, 2024, marking a significant milestone in the company’s performance trajectory.....KINDLY READ THE FULL STORY HERE▶
The figure was revealed during the 56th Annual General Meeting held in Kaduna on Wednesday. Chairman of the company, Alhaji Lamis Dikko, credited the achievement to improved operational efficiency and strategic resource utilization.
He noted that the company recorded a revenue of N794.64 million—a 33% increase from the previous year’s N532.53 million—while also reducing operating expenses by 9%, amounting to N974.14 million. Profit before tax rose sharply from N2.51 billion to N3.24 billion.
Dikko applauded the Northern States Governors’ Forum for providing strategic direction through bold reform policies aligned with the developmental ideals of the late Premier, Sir Ahmadu Bello.
“Our alignment with this visionary agenda continues to steer our growth. We are focused on performance, strong corporate governance, and value creation,” he said.
He also disclosed that as of November 2024, the company had trained 1,718 professionals at centers across Kaduna, Kano, Ilorin, and Gombe in collaboration with the Institute of Chartered Accountants of Nigeria (ICAN).
Highlighting the importance of human capital investment, Dikko described the initiative as essential to sustaining the company’s growth and preparing future leaders.
The NNDC chairman further expressed confidence in the organization’s future, citing emerging opportunities and strategic projects as key to ongoing success. He acknowledged the contributions of former board chairman Alhaji Tanimu Yakubu and commended the efforts of the past board, made up of the Secretaries to the Governments of the 19 northern states.
Owned collectively by the 19 northern states through the Northern Governors’ Forum, NNDC continues to position itself as a driver of economic development in Northern Nigeria.
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NO RESPECT LEFT? Fani-Kayode Refuses To Address Atiku By Controversial Title In Brutal Slapdown!
Nigeria’s Ambassador to South Africa, Femi Fani-Kayode, has strongly criticized African Democratic Congress (ADC) presidential candidate, Atiku Abubakar, for his Independence Day address. Fani-Kayode took issue with Atiku for repeatedly referring to President Bola Tinubu by his first name, “Bola,” rather than using his official presidential title.....KINDLY READ THE FULL STORY HERE▶
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Disrespectful Address: Fani-Kayode described Atiku’s October 1 address as intellectually flawed, dishonest, and lacking in decency, noting that refusing to call Tinubu “President” displayed petty behavior.
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The “Kachalla” Remark: The ambassador mentioned he was tempted to retaliate by addressing Atiku as “Kachalla,” but chose to maintain a level of respect.
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Backing Osuntokun’s Critique: Fani-Kayode echoed earlier criticisms from Akin Osuntokun, who argued that Atiku’s habit of dropping presidential decorum lacked proper political etiquette.
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A History of Political Confrontations: Fani-Kayode accused Atiku of a long-standing pattern of falling out with political leaders, citing his historical clashes with former President Olusegun Obasanjo between 1999 and 2007.
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Past Controversies: The ambassador also criticized Atiku over his remarks on former President Goodluck Jonathan, his response to Vice President Kashim Shettima, his handling of the 2022 tragic killing of Deborah Samuel in Sokoto State, and what he termed an “inordinate ambition” for political power.
....KINDLY READ THE FULL STORY HERE▶
Lasting roads begin with a clear plan for where rainwater will go. With major repairs planned for the dry season and a proposed drainage connection towards the Ogba River, Governor Monday Okpebholo’s administration has outlined an approach that tackles road rehabilitation and stormwater together.
In this episode of Truth Unveiled, we examine the planning behind that approach—and what its delivery could mean for homes, businesses and everyday movement across Benin’s GRA.
Watch the full podcast.
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“THE REBELLION IS ON: Man City Declares Total War On Premier League Chiefs Over Landmark Decision!”
The Appeal: Manchester City has officially filed a comprehensive appeal challenging the findings of the Premier League Commission following its recent disciplinary decision.....KINDLY READ THE FULL STORY HERE▶
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Filing Timeline and Claims: The club confirmed submitting the appeal at 7:00 PM on Thursday, October 1, 2026, describing the commission’s opinion as unsafe and containing clear material errors of law, principle, and fact while maintaining its complete innocence.
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The Verdict Details: The independent commission previously found City guilty of financial breaches between the 2009-10 and 2017-18 seasons—including arranging sham contracts to disguise over 830 million pounds in secret funding—as well as failing to fully cooperate with the investigation.
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Club and Leadership Response: City expressed surprise and disappointment at the verdict, insisting that comprehensive evidence supports their defense, though public comments remain limited due to ongoing proceedings. Chairman Khaldoon Al Mubarak and CEO Ferran Soriano expressed confidence in proving the club’s innocence.
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Pep Guardiola’s Support: Former manager Pep Guardiola reaffirmed his unwavering backing for the club, ownership, staff, and supporters in a social media statement, declaring that they will get through the challenge together.
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