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Nigeria spent about $35bn (N6.9bn) in the last five years to subsidise petroleum products, the World Bank has said.
In its ‘Nigeria Economic Report No. 3’, which was released in Abuja on Tuesday, the bank said fuel subsidy incapacitated the country’s ability to save for the rainy day occasioned by falling crude oil prices in the international market.
Popular dancehall singer, Cynthia Morgan, in a chat with Saturday Beats, revealed that the first time she laid eyes on her father was when she turned seven years.
The delectable singer said that although she did not grow up with her father, she made the best of the situation by determining to be a success in life and make her mother proud.
When the song, Olufunmi, was released in 2003, the group, Styl-Plus, shot from obscurity to becoming the sweethearts of Nigerians. Within months, the song became a national anthem.
Soon after, they hit the public with a comeback, Imagine, and everyone thought these three dudes, Shifi, Tunde and Zeal, were in the industry to stay. Fast forward to the present day and nothing has been heard from the band.
Hip-hop sensation, David Adeleke popularly known as Davido, has told Saturday Beats that performing with Wizkid was something he had known would always happen at some point. Speaking through his manager, Kamal Ajiboye, the artiste revealed that there has never been any rift between the two of them as widely claimed and that they have always had respect for each other.
The Ondo State Governor, Dr. Olusegun Mimiko, and other leaders of the Afenifere, have once again called on President Muhammadu Buhari to urgently implement the resolutions of the 2014 National Conference.
Mimiko also called for the unity of the Yoruba leaders in the South-West irrespective of their political or religious affiliations.
The Economic and Financial Crimes Commission has preferred six counts of money laundering and procurement-related charges involving N2.1bn against the former Chairman of DAAR Communications Plc, Chief Raymond Dokpesi.
President Muhammadu Buhari on Monday assured Nigerians that he would not assent to any legislation that is inconsistent with the nation’s constitution.
The Court of Appeal sitting in Enugu Monday, sacked Senator Uche Ekwunife, member representing Anambra Central Senatorial zone in the National Assembly.
The court’s judgement was consequent upon an appeal filed by Sir Victor Umeh of the All Progressives Grand Alliance, APGA.
A Magistrate’s Court in Wuse Zone 2 of the Federal Capital Territory has fixed December 16 for ruling on whether or not to strike out the charges instituted against a leader of Biafra agitation and Director of Radio Biafra, Mr. Nnamdi Kanu, by the Department of State Services.