Latest News
Why Spend ₦712bn on Lagos Airport While Nigerians Starve? – ADC Questions Tinubu’s Priorities
The African Democratic Congress (ADC) has raised strong concerns over the Bola Tinubu administration’s proposed expenditure of ₦712 billion for the renovation of the Murtala Muhammed International Airport in Lagos.....KINDLY READ THE FULL STORY HERE▶
In a statement issued on Sunday by its National Publicity Secretary, Bolaji Abdullahi, the party described the proposed spending as both “reckless and insensitive,” questioning whether the National Assembly had given its approval for such a massive outlay.
Abdullahi argued that allocating such an enormous sum to a facility that has already undergone major renovations in recent years highlights the government’s fiscal irresponsibility, especially at a time when many Nigerians are grappling with economic hardship.
According to reports, the renovation plan was among the resolutions adopted at the most recent Federal Executive Council (FEC) meeting. However, the ADC contended that the Lagos international airport remains fully operational and in decent condition, suggesting that the funds would be better channelled toward projects with more immediate benefits for citizens.
The statement read in part:
“The African Democratic Congress (ADC) strongly condemns the Tinubu administration’s proposed ₦712 billion airport renovation as yet another glaring example of fiscal recklessness and official indifference to the suffering of ordinary Nigerians.
“It is difficult to understand the rationale behind spending ₦712 billion on an airport that has already seen considerable upgrades, particularly in a country where public universities are in dire need of funding, basic healthcare is out of reach for many, and millions are trapped in poverty due to misguided government policies.
“What the aviation sector urgently requires is not another gold-plated terminal, but consistent maintenance, operational efficiency, and investment in regional airports to enhance connectivity across the country.”
Latest News
Currency Watch: Dollar Holds Firm Against Naira At ₦1,378 Amid Economic Uncertainty!.
On June 26, 2026, the dollar-to-naira exchange rate at the Lagos parallel market, commonly referred to as the black market, saw sellers offering the dollar at ₦1402, while buyers were purchasing it at ₦1391, according to Bureau De Change (BDC) sources. It is important to note that the Central Bank of Nigeria (CBN) does not officially recognize this market and advises individuals to conduct foreign exchange transactions through their respective banks.....KINDLY READ THE FULL STORY HERE▶
Additionally, the CBN’s official rates for the same period ranged from a high of ₦1385 to a low of ₦1376. Please be aware that actual transaction prices may vary and might differ from the figures provided in this report.
Exchange Rate Summary (June 26, 2026)
-
Parallel Market (Selling): ₦1402
-
Parallel Market (Buying): ₦1391
-
CBN Official Rates: ₦1376 – ₦1385
What specific aspect of the current foreign exchange market or its impact on consumer trends would you like to discuss further?
Latest News
Betrayal Exposed? Faction Demands Police Probe Into Fraudulent Leadership Claims Sent To INEC!.
The legal firm Ogbeide Associates, representing a faction of the Peoples Democratic Party (PDP), has submitted a petition to the Inspector-General of Police (IGP), Tunji Disu, requesting a formal investigation into PDP secretary Samuel Anyanwu and factional National Chairman Abdulrahman Mohammed.....KINDLY READ THE FULL STORY HERE▶
Key aspects of the petition include:
-
Allegations of False Representation: The petition challenges a November 3, 2025, letter sent to the Independent National Electoral Commission (INEC) which falsely claimed that the PDP National Working Committee (NWC) had replaced acting national chairman Ambassador Umar Iliya Damagum with Mohammed.
-
Contradictory NWC Records: Petitioners assert that the NWC’s November 1, 2025, emergency meeting actually resulted in the suspension of Anyanwu and three other officers due to alleged anti-party activities, and no record exists to support the claim that Damagum was suspended or Mohammed appointed.
-
Legal Precedents: The lawyers referenced an October 10, 2024, Federal High Court judgment that recognizes Damagum as the acting national chairman and prohibits INEC from accepting documents without his signature. Furthermore, they noted that the Court of Appeal upheld the NWC’s suspension of Anyanwu on March 9, 2026.
-
Call for Institutional Review: The petitioners have requested that the IGP investigate how INEC processed the contested November 3 letter despite being aware of the existing court orders and the NWC’s official resolutions.
-
Stated Objective: Counsel for the petitioner emphasized that the action is intended to address the integrity of public institutions and prevent the use of misleading internal party documentation, noting their readiness to provide supporting court judgments and party records to the police.
Latest News
The Drama Of 2026! Turkey Goes Home Fighting While Ivory Coast And Australia Advance to Knockouts!
-
Turkey vs. USA: Despite Turkey securing a dramatic 3-2 victory—their first World Cup win since 2002—they were eliminated from the tournament. The USA, despite the loss, qualified for the Round of 32 and is set to face Bosnia-Herzegovina on July 2.....KINDLY READ THE FULL STORY HERE▶
-
-
Ivory Coast’s Historic Qualification: Ivory Coast advanced to the knockout stage for the first time in their history after defeating Curacao 2-0, with Nicolas Pepe scoring both goals. This result secured them second place in Group E with six points.
-
Australia and Paraguay: Australia qualified for the Round of 32 as Group D runners-up following a 0-0 draw with Paraguay. Paraguay’s result keeps them in contention to progress as one of the best third-placed teams.
-
Sweden and Japan: Sweden earned a 1-1 draw against Japan, with Anthony Elanga’s strike securing them a spot in the knockout stage as one of the best third-place finishers. Japan advanced as the runners-up of Group F.
-
Netherlands vs. Tunisia: The Netherlands defeated Tunisia 3-1, confirming their position at the top of Group F. The Dutch will face Morocco in the next round, while Tunisia was eliminated after failing to earn a point in their three group matches.
-
-
latest10 months ago“Social Media Erupts As Jim Iyke Declares Rita Dominic Nollywood’s Most Beautiful”
-
latest2 years agoEdo Political Showdown: Oshiomhole Appears At Presidential Villa As Tinubu Hands APC Gubernatorial Flag To Okpebholo (Photos & Video)
-
entertainment2 years agoLove Knows No Age American Woman Defends Marriage To Young Nigerian Man “I’m Not 70”
-
latest2 years agoOlumide Akpata Strikes Again: Drops Killer Track, Sends Edo State Into Frenzy!(Video)
-
Politics3 years agoNigerians React As Pastor Adeboye Foresees Passing Away On A Sunday After Enjoying A Satisfying Meal Of Pounded Yam
-
latest2 years agoFG Identifies 31 States At Risk Of Heavy Flooding In 2024: See Full List
-
Politics3 years agoBREAKING: Inspector-General Of Police Summons Top Police Commanders For Crucial-Security Challenges
-
latest2 years ago5 NYSC Corpers Perish In Fatal Road Accident Returning From Camp
