Author: Vardiafrica

Mudashiru Obasa, the Speaker of the Lagos State House of Assembly, has been impeached following a series of controversies surrounding his financial dealings.   In a significant political shakeup, the Deputy Speaker, Hon. Mojisola Meranda, was elected to replace him as the new Speaker. Additionally, Hon. Fatai Mojeed, the Deputy Chief Whip, was elected as the new Deputy Speaker. Although the exact reasons for Obasa’s impeachment remain unclear, allegations of financial mismanagement have dogged his tenure. The Lagos State House of Assembly has yet to release an official statement on the impeachment, and Obasa has not commented publicly on…

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Justice K.B Olawoyin of an Oyo State High Court sitting in Ibadan has granted the bail applications filed by Olori Naomi Silekunola, Alhaji Oriyomi Hamzat and Abdulahi Fasasi. Hamzat is the founder of the popular Ibadan-based radio station, Agidigbo FM, while Fasasi is the principal of Islamic High School, Bashorun, Ibadan where 35 children d!ed at a children’s funfair organised by the Wings Foundation run by the former wife of the Ooni of Ife, Naomi. The Judge gave five conditions for the bail to include N10 million and two sureties who must submit landed documents within the jurisdiction of the…

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Oyo State Governor, Seyi Makinde, on Monday, January 13, formally presented the staff and certificate of office to Prince Akeem Abimbola Owoade, marking his official ascension as the 46th Alaafin of Oyo. The ceremony, held at the Government House, Agodi, Ibadan, celebrated the enthronement of Oba Owoade as the new custodian of the Oyo Kingdom’s rich history and traditions. In his address, Governor Makinde underscored the Alaafin’s significance as a symbol of unity and cultural heritage, expressing confidence in Oba Owoade’s leadership. “I believe the new Alaafin will lead with wisdom, integrity, and unwavering commitment to the unity and development…

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The Minister of State for Labour and Employment, Nkeiruka Onyejeocha, disclosed this on Thursday in Abia State. According to her, the minimum review timeline is in line with President Bola Tinubu’s commitment to his promise to Nigerian workers by ensuring the minimum wage was reviewed after three years. “We are not going to allow minimum wage review to be forever. “It used to be about five years, but now, in three years’ time, which is less than two years, we will also review the minimum wage,” Onyejeocha said. This comes as the Trade Union Congress recently called for a yearly review…

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The Attorney-General of the Federation and Minister of Justice Lateef Fagbemi disclosed this at the formal signing ceremony of the asset agreement between Nigeria and the United States of America in Abuja on Friday. Delivering his remarks Fagbemi explained that $50m of the recovered assets will be deployed through the World Bank for the rural electrification project and the remaining $2m will be deployed to the International Institute of Justice to expand the Justice system and also counter corruption. Speaking further, Fagbemi noted that the asset return marks a milestone in the ongoing collaboration between nigeria and the United States…

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President Bola Tinubu is set to attend the 2025 edition of Abu Dhabi Sustainability Week in the United Arab Emirates. Disclosing this in a statement on Friday, presidential spokesman, Bayo Onanuga, said the summit will take place from January 12 to 18. Tinubu’s planned trip to the Middle East is at the behest of the President of the United Arab Emirates, Highness Sheikh Mohamed bin Zayed Al Nahyan. “The Summit will bring together global leaders to accelerate sustainable development and advance socioeconomic progress,” the statement read. “The event, ‘The Nexus of Next; Supercharging Sustainable Progress,’ will enable policymakers, business, and…

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President Bola Tinubu has decorated his Aide-de-Camp, Lt Col. Nurudeen Alowonle Yusuf, with his new rank of Colonel. The decoration took place on Thursday at the President’s office complex at the Presidential Villa, Abuja. Yusuf was appointed as the Aide-de-Camp in April 2023, before the President’s inauguration on May 29, 2023. After completing his Ordinary National Diploma in Computer Science from Offa Polytechnic in 2000, Yusuf enrolled in the Nigerian Defence Academy, Kaduna, where he graduated with a Bachelor of Science in Engineering (Electrical-Electronics). Yusuf served as an officer in charge (Technical) for 119 Intelligence Group, Lagos. He was transferred…

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China has pledged to strengthen financial ties with Nigeria by expanding the existing currency swap agreement and supporting the issuance of Panda Bonds, to boost trade and infrastructure development between the two nations. Recently, China and Nigeria renewed their currency swap agreement, valued at 15 billion yuan (approximately $2 billion), to enhance trade and investment between the two nations. The agreement, valid for three years, aims to strengthen financial cooperation and promote the use of both currencies in bilateral transactions. Speaking during a joint press briefing with his Nigerian counterpart, Ambassador Yusuf Tuggar, at the Presidential Villa in Abuja on…

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Wang Yi, China’s minister of foreign affairs, says his country will give African countries Y1 billion – over $130 million – to strengthen their military and police forces. Yi spoke with reporters on Thursday through an interpreter after meeting with President Bola Tinubu at the Aso Rock villa. The Chinese minister is in Nigeria to consolidate on the agreements signed by President Xi Jinping and Tinubu when the latter visited the Asian country last year. The envoy said China would also help Africa in building a standby force. “China will firmly support Africa in safeguarding its legitimate rights and interests, practicing true multilateralism…

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There was calm in Chad’s capital early Thursday morning after armed men attacked the presidential palace, killing 19 people, mostly the attackers, according to the government. AFP journalists noted that in the area of ​​the presidential palace, where traffic has returned to normal, the enhanced security measures and roadblocks that were set up late on Wednesday evening were lifted. Just before 8 p.m. local time (7 p.m. GMT) on Wednesday, heavy gunfire broke out near the presidential compound in central N’Djamena, the capital of the military-ruled Central African country. Government spokesman Abderaman Koulallah said a 24-man commando unit armed with…

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