Author: Vardiafrica

The federal government, states and local government councils shared a total of N2.036 trillion as Federation Account revenue for March 2026. The figure was disclosed on Wednesday in a statement issued by the spokesperson for the Office of the Accountant General of the Federation, Bala Mokwa. According to the statement, the total distributable revenue comprised N1.320 trillion in statutory revenue, N515.391 billion from value-added tax (VAT), and N200 billion as augmentation. A communiqué from the Federation Account Allocation Committee (FAAC) indicated that gross statutory revenue rose to N1.699 trillion in March, up by N137.914 billion from the N1.561 trillion recorded…

President Bola Tinubu has approved debt relief for airline operators to cushion the impact of the rising operational costs in Nigeria’s aviation sector. The Minister of Aviation and Aerospace Development, Festus Keyamo, disclosed this on Wednesday after a closed-door meeting with airline operators and stakeholders following the looming threat of a nationwide strike over the sharp hike in Jet A1 fuel prices. Keyamo said the first request the operators presented to President Bola Tinubu, which the president has agreed to consider and grant, is “a generous discount” on debts owed by airlines to aviation agencies such as the Nigerian Airspace Management Agency…

The Presidency has clarified that the former Minister of Finance and Coordinating Minister of the Economy, Wale Edun, and the former Minister of Housing and Urban Development, Ahmed Musa Dangiwa, voluntarily resigned from their positions and were not dismissed. In a statement issued on Wednesday, the Special Adviser to President Bola Tinubu on Information and Strategy, Bayo Onanuga, explained that Edun tendered his resignation on health grounds before President Bola Tinubu announced his replacement on Tuesday. Onanuga also stated that Dangiwa similarly resigned from the Federal Executive Council and expressed gratitude to the President for the opportunity to serve. Following…

The Minister of Power, Adebayo Adelabu, has resigned as the Minister of Power to focus on his ambition to contest the governorship of Oyo State. His resignation, contained in a letter dated April 22, 2026 and addressed to President Bola Tinubu, takes effect from April 30, 2026. The letter was submitted through the Office of the Secretary to the Government of the Federation and framed as a formal exit to allow for a smooth transition in office. In the correspondence, Adelabu said he was stepping down with what he described as “a deep sense of honour and profound gratitude,” adding…

President Bola Tinubu met with former President Goodluck Jonathan on Wednesday at the State House in Abuja. The agenda of the meeting has not been made public by the presidency. The last time Jonathan met with Tinubu was in November 2025 after his return from Guinea-Bissau. The former president was in Guinea-Bissau as head of the West African Elders Forum Election Observation Mission to monitor the country’s presidential and legislative elections. His delegation was still carrying out its assignment when soldiers seized power, took control of key institutions, suspended the electoral process and announced that they would administer the state “until further notice”. The political tension sparked public…

Chelsea have sacked head coach Liam Rosenior after 106 days in charge of the club. Rosenior signed a five-and-a-half-year deal after arriving from French club Strasbourg, also owned by Chelsea co-owners Todd Boehly and Clearlake Capital. But he managed just 11 wins in 23 matches across all competitions and Tuesday’s 3-0 defeat at Brighton was Chelsea’s fifth consecutive league defeat without scoring, the club’s worst scoreless run since 1912. Rosenior described the performance as “indefensible” and “unacceptable” after facing angry chants from Chelsea’s travelling supporters on the south coast. The defeat led to the Blues slipping to seventh in the Premier League, seven points behind Liverpool who occupy the…

The Federal Government on Wednesday arraigned six military officers, including retired senior personnel, before the Federal High Court in Abuja on a 13-count charge over an alleged failed coup plot aimed at overthrowing President Bola Ahmed Tinubu’s administration. Court documents show that the charges include treason, terrorism, and conspiracy to wage war against the state. The defendants are accused of planning to storm the Presidential Villa, seize power, and topple the government. The arraignment is currently ongoing before Justice Joyce Abdulmalik of the Federal High Court in Abuja, with the Attorney-General of the Federation and Minister of Justice, Lateef Fagbemi,…

A Federal Capital Territory High Court in Maitama has granted bail to Tanimu Turaki, factional national chairman of the Peoples Democratic Party (PDP), in the sum of N100 million over allegations of providing false information to the police. Turaki, a Senior Advocate of Nigeria (SAN), was arraigned on Wednesday and pleaded not guilty after the charge was read in court. He is being prosecuted by the office of the inspector-general of police over a petition he allegedly authored on October 5, 2022, accusing one Saidi Mainasara with the intent of triggering police action against him. The prosecution, led by Usman…

The supreme court has reserved judgment in appeals seeking to validate the Peoples Democratic Party (PDP) national convention held in Ibadan, Oyo state, on November 15 and 16, 2025. The Tanimu Turaki-led factional executives of the PDP filed two separate appeals praying the court 6to vacate the judgments of the court of appeal, which nullified the outcome of the Ibadan convention. The first appeal marked SC/CV/164/2026 stems from a decision of Peter Lifu, judge of a federal high court in Abuja, who issued a temporary order on November 11, restraining the party from proceeding with the planned convention pending the determination…

The Senate on Wednesday ordered a comprehensive military audit and intensified nationwide manhunt for perpetrators as fresh terror attacks claimed the lives of soldiers and civilians, raising the alarm over a resurgence of violence in the North-east and parts of the North-central. In a series of resolutions, the upper chamber directed the Chief of Defence Staff (CDS) and Service Chiefs to conduct a full operational and logistical review of recent assaults on military formations in Monguno and Benisheikh, Borno State, with a view to plugging gaps in equipment, readiness and rules of engagement. Lawmakers also mandated the CDS, Inspector-General of…