Author: Vardiafrica

Kenyan President William Ruto on Friday nominated his interior minister as deputy to replace Rigathi Gachagua who was sacked in a historic impeachment Kithuri Kindiki, a 52-year-old academic turned political heavyweight, was among front-runners for the post floated by Kenyan media after the Senate voted to remove Gachagua late Thursday after a day of high drama. The impeachment of Ruto’s 2022 election running mate Gachagua had transfixed the East African country, generally regarded as a stable democracy in a turbulent region. The fast-moving drama continued apace on Friday as National Assembly speaker Moses Wetangula announced Ruto’s choice of Kindiki, asking…

The visit of Nigeria’s Vice President, Kashim Shettima to Sweden started yielding results, with some foreign companies already pledging massive support for the nation’s economy. Consequently, the foreign investment drive of the administration of President Bola Tinubu got another significant boost on Thursday, as several investors from Sweden committed to investments and partnerships worth millions of dollars in Nigeria’s digital economy, health and other critical sectors. This followed Vice President Kashim Shettima’s assurance to global investors at a business meeting with Swedish businesses in the Swedish capital Stockholm, that they can now take advantage of Nigeria’s growing investment climate, which…

A total sum of N 1.298 trillion September 2024 Federation Accounts Revenue has been shared to the Federal Government, States and the Local Government Councils. The revenue distribution was announced at the October 2024 meeting of the Federation Accounts Allocation Committee (FAAC), in Abuja. According to a statement by the of Press and Public Affairs in the Office of the Accountant General, Bawa Mokwa, the N1.298 trillion total distributable revenue comprised distributable statutory revenue of N124.716 billion, distributable Value Added Tax (VAT) revenue of N543.518 billion, Electronic Money Transfer Levy (EMTL) revenue of N18.445 billion, Exchange Difference revenue of N462.191…

The Managing Director of Ericsson Nigeria, Mr. Peter Ogundele, has revealed the company’s plan to build a technology hub worth $19 million in Nigeria. He made the disclosure at a roundtable with Swedish businesses in the Swedish capital Stockholm, as part of Vice President Kashim Shettima’s visit to the European country. He said: “Nigeria has enough youths that can come into that field. We can train them, Ericsson will also take part in it, and some of them we can export to the world, and we will be like another India. “Ericsson was the first to have over 1,000 sites in…

The Independent National Electoral Commission (INEC) has fixed November 8th, 2025 for the Anambra governorship poll.  INEC chairman Mahmood Yakubu said this in Abuja on Thursday at the commission’s meeting with political parties. “As you are aware, the last governorship election in Anambra State was held on 6th November 2021,” Mahmood said. “By the effluxion of time, the governorship election is due next year. Consequently, the Commission has approved that the 2025 Anambra State Governorship election will hold on Saturday 8th November 2025.” According to him, a formal notice for the poll will be published on November 13th, 2024. Parties…

Kenyan senators have voted to remove Deputy President Rigathi Gachagua from office despite his failure to testify at his impeachment trial after his lawyer said he had been taken to hospital. In one of the most dramatic days in Kenya’s recent political history, Gachagua had been due to appear in the Senate after lunch to defend himself, a day after he had pleaded not guilty to 11 charges. However, Gachagua, popularly known as Riggy G, did not show up and his lawyer requested a postponement saying his client was suffering from chest pains and was being treated by doctors at…

The National Security Adviser(NSA), Nuhu Ribadu, is full of criticism for policemen and soldiers stealing and selling arms and ammunition from their formation to criminal elements. Ribadu stated this in Abuja on Friday during the destruction of arms by the National Centre for the Control of Small Arms And Light Weapons. According to the National Security Adviser, security agents involved in the act are “worse human beings”, adding that efforts must be put in place to check those people. He added, “We have to find a way of putting a stop to this if we want to recover our country…

The governor of Bauchi state, Bala Mohammed, says the monetary policies introduced by the Tinubu-led administration are not working as people are hungry and suffering. Governor Bala said this while addressing participants at the launch of the Nigeria Development Update in Abuja on Thursday, October 17. He stated that the economic livelihood of Nigerians have been badly affected by the various economic policies which has now created a volatile situation that may see people of his class being lynched by frustrated Nigerians. “When the reforms started, the sub-nationals supported the President. But now, the macroeconomic policies causing inflation need…

The Transmission Company of Nigeria (TCN) on Tuesday said the ongoing restoration of the national grid which collapsed on Monday is ongoing and almost completed. In a statement on Tuesday, the Public Affairs General Manager of TCN, Ndidi Mbah, said that the national grid experienced a partial disturbance, on Monday, 14th October 2024 at about 6:48 pm. “The statement said although the recovery of the grid commenced immediately, with Azura power station providing the blackstart, grid recovery reached advanced stages at about 10.24 am, today (Tuesday) when it encountered a challenge that caused a slight setback in the recovery process,”…

The Minister of Aviation and Aerospace Development, Festus Keyamo, on Tuesday asked foreign airlines to patronise local caterers for onboard meals. Keyamo’s call was contained in a statement signed by Odutayo Oluseyi, the Head of Press and Public Affairs, at the Ministry of Aviation and Aerospace Development. According to the statement, Keyamo stated this while receiving Lufthansa Group at the Ministry’s headquarters in Abuja. The minister “mandated all aircraft leaving or coming into Nigeria to ensure they treat Nigerians well on board of their flights.” “He said the essence of requesting local dishes during airlift is to promote Nigeria cultural heritage, and economic…