Author: Vardiafrica

President Bola Tinubu has commended the enterprising feat of Dangote Oil and Gas Limited, in reducing the gantry price of Automotive Gas Oil (AGO), also known as diesel. The Group recently reviewed downwards the gantry price of AGO from ₦1,650 to ₦1,000 per litre for a minimum of one million litres of the product, as well as providing a discount of ₦30 per litre for an offtake of five million litres and above. The price review represents a 60% drop, which will, in no small measure, impact the prices of sundry goods and services. A statement signed by Special Adviser to the President…

The Kano State High Court has issued an ex parte order affirming the suspension of ex-governor Abdullahi Ganduje as the National Chairman of the All Progressive Congress (APC) This development followed a tumultuous period of internal strife within the APC. Justice Usman Malam Na’abba, presiding over the court, granted the order in response to an exparte motion filed by two executive members of the APC from the Ganduje ward, Laminu Sani and Haladu Gwanjo. The motion, filed on behalf of the ward, sought the suspension of the APC chairman, alleging misconduct and breaches of party regulations. The court’s ruling mandated Ganduje to…

Dubai’s giant highways were clogged by flooding and airport passengers were urged to stay away on Wednesday as the glitzy financial centre reeled from record rains. Huge tailbacks snaked along six-lane expressways after up to 254 millimetres of rain — about two years’ worth — fell on the desert United Arab Emirates on Tuesday. At least one person was killed after a 70-year-old man was swept away in his car in Ras Al-Khaimah, one of the country’s seven emirates, police said. Passengers were warned not to come to Dubai Airport, the world’s busiest by international traffic, “unless absolutely necessary”, an…

Popular Instagram celebrity Pascal Okechukwu also known as Cubana Chief Priest has pleaded not guilty for alleged naira abuse. He pleaded not guilty to the three-count charge filed against him by the Economic and Financial Crimes Commission (EFCC). The socialite was arraigned at the Federal High Court, Lagos before Justice Kehinde Ogundare on Wednesday. The anti-graft commission filed a three-count charge against Cubana Chief Priest accused of abusing the naira at a social event, an act said to be contrary to the provisions of the Central Bank Act of 2007. After he pleaded not guilty, the court granted him bail in…

The Kaduna house of assembly has set up a committee to examine the finances of the state under the administration of Nasir el-Rufai, the immediate past governor of the state. The committee has been tasked with looking at loans, grants, and project implementation from 2015 to 2023 — the period in which el-Rufai held sway as governor. Henry Zacharia, chairman of the house committee on information, confirmed the development to TheCable. Zacharia said the 13-member fact-finding committee was set up during plenary on Tuesday “to find out the financial dealings of the state under the former governor”. On March 30, Uba…

The Dangote refinery says it has reduced the price of automotive gas oil (AGO), also known as diesel, to N1,000 per litre. According to a statement on Tuesday by the refinery, the price of the product was dropped from N1,200 per litre. “In an unprecedented move, Dangote Petroleum Refinery has announced further reduction of the price of diesel to from 1200 to 1,000 naira per litre,” Dangote refinery said. “While rolling out the products, the refinery supplied at a substantially reduced price of N1,200 per litre three weeks ago, representing over 30 per cent reduction from the previous market price…

President Bola Tinubu on Tuesday launched the National Single Window initiative, a transformative project that will propel the nation’s economy to new heights. The initiative is another bold testament to the President’s commitment to breaking long-standing developmental barriers in advancing the progress, prosperity, and well-being of every Nigerian. Speaking at the launch of the initiative at the State House, President Tinubu said the National Single Window is a game-changer that will revolutionize the way trade is conducted in the country, and with the Office of the President overseeing the steering committee that will drive the reform process forward. Outlining the…

The All Progressives Congress, APC, has filed a petition with the Inspector General of Police, Kayode Egbetokun requesting an expedited investigation into the purported suspension of its National Chairman, Abdullahi Ganduje by some officials of the New Nigeria People Party, NNPP. The National Publicity Secretary of, APC, Felix Morka made this known in a statement. “The perpetrators of this criminal act are not card carrying members of APC in the Ward but are individuals affiliated with senior officials and representatives of the New Nigeria People Party (NNPP),” he said. “This act procured by officials of the ruling NNPP in Kano…

The Economic and Financial Crimes Commission (EFCC) has filed a three-count charge against popular Instagram celebrity Pascal Okechukwu also known as Cubana Chief Priest for allegedly spraying and tampering with the naira at a social event contrary to the provisions of the Central Bank Act of 2007 Cubana Chief Priest will be arraigned on Wednesday, April 17th, 2024 before Justice Kehinde Ogundare of the Federal High Court, Lagos. Channels Television obtained a copy of the charge which was filed on April 4th by EFFC’s prosecutor Rotimi Oyedepo (SAN) alongside seven other lawyers representing the chairman of the Commission. In Count…

The federal government says it has commenced the disbursement process for the presidential conditional grant scheme to verified applicants. President Bola Tinubu, on October 17, 2023, launched the renewed hope conditional cash transfer to 15 million households. According to a statement on Tuesday by the office of the ministry of industry, trade, and investment, several beneficiaries have already received their grants, marking the beginning of the disbursement strategy. “The President Bola Tinubu Administration understands the importance of these grants in supporting the livelihoods and businesses of our citizens, and this is why we are committed to ensuring a smooth and transparent process,” the ministry…