latest
Massive Windfall: Tinubu Govt Reveals Record-Breaking ₦15.8 Trillion Generated From Subsidy Removal And FX Reforms!.
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Substantial Economic Gains: The federal government announced that the removal of the petrol subsidy and foreign exchange market reforms generated ₦15.8 trillion in federation resources between June 2023 and December 2025.....KINDLY READ THE FULL STORY HERE▶
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The Reform Scorecard: Unveiled by the Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, during the presentation of the “Nigerians’ Reform Scorecard,” the report highlights the overall costs, impacts, and benefits of the administration’s policy shifts.
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Revenue Distribution: Rather than appearing as a direct account credit, the gains manifested through increased revenue collections, with ₦5.4 trillion allocated to the Federal Government and ₦10.4 trillion distributed to state and local governments.
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Combating Arbitrage: Oyedele explained that the previous exchange rate system mainly benefited rent-seekers rather than ordinary citizens or manufacturers, and that reform eliminated these distortions while boosting dollar-denominated customs revenues.
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Additional Revenue and Borrowing: The government also generated an extra ₦3.1 trillion in independent revenue through improved remittances from state-owned enterprises, while noting that incremental borrowing of ₦11.9 trillion during the period was significantly lower than it would have been without the fiscal space created by the reforms.
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latest
HISTORY IN THE MAKING: Lagos Stands At The Center Of The Earth As Massive Work-Free Declaration Rocks The State!.
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Holiday Announcement: The Lagos State Government proclaimed Thursday, August 20, 2026, as a work-free day for residents to celebrate the annual Ìṣẹ̀ṣe Day.....KINDLY READ THE FULL STORY HERE▶
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Official Statement: Idris Aregbe, the Special Adviser to the Governor on Tourism, Arts and Culture, revealed this update in a statement released on Wednesday.
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Cultural Relevance: Aregbe emphasized that Ìṣẹ̀ṣe represents a vibrant, active tradition of Yoruba culture and spirituality rather than a relic of history.
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Global Reach: Millions across Nigeria and the global diaspora—including communities in Brazil, Cuba, and the Caribbean—continue to maintain and preserve these traditional practices.
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Background & Approval: Observed as a work-free day in Lagos since 2023 following a push by the Lagos State Council of Obas and Chiefs, Governor Babajide Sanwo-Olu has sustained the practice to back indigenous heritage.
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Event Lineup: This year’s festivities feature rituals, traditional prayers, cultural processions, and drumming dedicated to the Òrìṣà, coordinated by the Association of African Traditional Religion Nigeria and Overseas.
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Government Appeal: State authorities urged participants to maintain peace and show consideration for individuals of diverse cultural and religious backgrounds throughout the celebrations.
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entertainment
The Untold Struggle: Why Legendary Actor Ogogo Can’t Leave The Country For Life-Saving Cancer Treatment Exposed!.
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Medical Travel Obstacle: Kira Taiwo, daughter of veteran Nollywood actor Taiwo Hassan (Ogogo), revealed that despite obtaining an Indian visa for her father’s stage 4 cancer treatment, he is currently unfit to fly, making international travel unsafe.....KINDLY READ THE FULL STORY HERE▶
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Appeal for Information: Rather than financial contributions, the family has taken to social media to request recommendations for specialized doctors, hospitals, and treatment centers capable of managing his condition locally or advising on his care.
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Support Received: Kira expressed gratitude for the financial assistance provided by Senator Adeola Yayi during this challenging period as the family continues to prioritize finding the appropriate medical team.
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latest
The Hard Truth: Fayose Tells Atiku, Peter Obi, And Kwankwaso They Are Fooling Themselves Regarding 2027!.
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Doubt on Opposition Alliance: Former Ekiti State Governor Ayodele Fayose stated during an appearance on Channels TV program Politics Tonight that prominent political figures cannot mount a successful challenge against the incumbent administration in 2027 without an extraordinary alignment.....KINDLY READ THE FULL STORY HERE▶
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Internal Friction: Fayose pointed out that certain factions within the North are dissatisfied with political arrangements involving key opposition figures, asserting that forming a unified front at this stage is no longer feasible.
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Assessment of Past and Future Polls: Reaffirming his outlook on upcoming electoral contests, the former governor argued that underestimating the current political structure is unrealistic, emphasizing that major contenders face significant hurdles in building a winning coalition.
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