The Anambra State Government has clarified that monthly Federation Account Allocation Committee (FAAC) revenues are currently being deducted to service external loans incurred during the administration of former Governor Peter Obi.....KINDLY READ THE FULL STORY HERE▶

• Official Clarification: The Commissioner for Information and Value Reorientation, Law Mefor, made this disclosure while appearing on Arise Television, noting that these loans were among eight external facilities guaranteed by the Federal Government.

• Repayment Responsibility: Mefor emphasized that a loan remains a loan regardless of whether it is sovereign or interest-free, stating that choosing to accept such credit programs comes with the responsibility of repayment.

• Loan Evaluation: The commissioner estimated the external facilities linked to Obi’s administration at $123 million, arguing that these outstanding liabilities must be factored into evaluations of his financial legacy.

• Disputing Claims: Mefor pushed back against claims that Obi left behind no financial liabilities or debt obligations when he handed over power in 2014, contrasting it with Governor Chukwuma Soludo’s current choice to opt out of certain World Bank lending programs like Nigeria CARES.

The President of Singapore, Tharman Shanmugaratnam, has extended an official invitation to President Bola Ahmed Tinubu to visit Singapore to deepen diplomatic ties and broaden bilateral cooperation.....KINDLY READ THE FULL STORY HERE▶

• Delivery of the Invitation: According to a statement issued by the Nigerian Mission House at the United Nations in New York, the invitation was delivered by Singapore’s Permanent Representative to the UN, Ambassador Burhan Gafoor, during a visit to Nigeria’s Permanent Representative to the UN, Ambassador Jimoh Ibrahim.

• Recognition of Reforms: Ambassador Ibrahim noted that Singapore’s outreach is driven by interest in Nigeria’s ongoing economic reforms, comparing President Tinubu’s bold agenda to the developmental strides of Singapore’s late founding Prime Minister, Lee Kuan Yew.

• Response and Outlook: Ibrahim accepted the letter on behalf of the Nigerian government, assuring the Singaporean delegation that President Tinubu will honor the invitation at an appropriate time.

• UN Committee Recognition: During the meeting, Ambassador Gafoor also congratulated Ibrahim on his recent emergence as Chairman of two major UN bodies: the Fifth Committee on Administrative and Budgetary Matters and the Special Committee on Peacekeeping Operations (Committee of 34).

Former Big Brother Naija housemate Ikechukwu Okonkwo, popularly known as Cross, has revealed that he previously rejected massive financial offers—including ₦500 million and $200,000—from men seeking sexual favors.....KINDLY READ THE FULL STORY HERE▶

• Defending Whitemoney: Cross made these statements on while defending fellow reality star Whitemoney, who faced backlash after exposing an unwanted advance from a male admirer on social media.

• Challenging Stereotypes: Cross asserted that a man’s feminine energy, mannerisms, or presentation do not dictate his sexual orientation, emphasizing that someone can exhibit such traits and still be entirely straight.

• Rooted Morals: Explaining why he turned down life-changing sums of money, Cross credited the strong values instilled in him by his mother during childhood, stating that he cannot be bought with material things.

• Calls for Caution and Deliverance: Cross criticized individuals who send inappropriate messages via direct messages without boundaries, suggesting that men attracted to fellow men require spiritual deliverance, while noting that boundaries apply equally to women.