Categories
News

ADC Coalition Has PDP, APC DNA – Shehu Sani

Former Kaduna Central Senator, Shehu Sani has dismissed the African Democratic Congress, ADC.

According to him, the opposition coalition has the DNA of the Peoples Democratic Party, PDP, and the All Progressives Congress, APC.
Sani made the remark while insisting that the ADC coalition is not different from PDP and APC.
The opposition coalition recently adopted ADC as their official platform.
Former Vice President Atiku Abubakar, ex-Secretary to the Government of the Federation, SGF, Babachir Lawal, former Senate President David Mark, Rauf Aregbesola, Rotimi Amaechi and other prominent politicians are part of the coalition.
Sani posted on X: “Some people came with the DNA of the ruling party and some with the DNA of the PDP and gave birth to the coalition. And you say that baby is different.”
Categories
News

Yakubu Hands Over to Agbamuche as INEC Acting Chair

Professor Mahmood Yakubu has handed over to the oldest serving National Commissioner in the electoral body.
Yakubu handed over to May Agbamuche as the Acting National Chairman of the Independent National Electoral Commission, INEC.
Agbamuche is the oldest serving National Commissioner in the electoral body.
Professor Mahmood announced this on Tuesday at the ongoing meeting with Resident Electoral Commissioners at the INEC headquarters in Abuja.
He solicited the support of the commissioners and directors of the commission for Agbamuche, until the appointment of a substantive chairman.
Categories
News

Nigeria Seeks $2bn China Loan For New ‘Super Grid’ — Adelabu

The Minister of Power, Adebayo Adelabu has revealed Nigeria is seeking a $2 billion loan from the Export-Import Bank of China to fund the construction of a new “super grid.”
According to him, the super grid is designed to tackle the country’s persistent power shortages.
According to a Bloomberg report, the , disclosed the plan during the Nigerian Economic Summit held in Abuja on Monday, October 6.
He explained that the new transmission project forms a central part of the government’s efforts to decentralize power generation and improve electricity supply reliability across industrial and commercial hubs.
Adelabu said the proposed super grid will connect Nigeria’s eastern and western regions, linking areas with high concentrations of industrial users that had previously disconnected from the national grid due to its frequent failures.
 
“It’s part of plans to decentralise power generation in Nigeria and get the heavy commercial users that left the power grid because of its unreliability to return,” Adelabu stated.
He added that the Federal Executive Council (FEC) has already approved the project’s financing framework, paving the way for negotiations with China’s Exim Bank to proceed.
The minister noted that the new grid is expected to significantly improve transmission efficiency, reduce power losses, and strengthen electricity delivery to manufacturing and industrial zones. Nigeria’s national grid has suffered repeated collapses over the years, often caused by low generation capacity, poor maintenance, and transmission bottlenecks, leaving businesses and households across the country in prolonged darkness.
Adelabu also highlighted the financial improvements in the electricity sector following the recent tariff reforms, which increased rates for urban consumers. According to him, the adjustment led to a 70% rise in industry revenues in 2024, with projections showing a further 41% increase this year to ₦2.4 trillion ($1.6 billion).
He emphasized that the government’s long-term strategy is to build a reliable, decentralized power infrastructure that can sustain economic growth and restore confidence among industrial power users.
Categories
News

Natasha Returns As Senate Resumes Plenary Today

Kogi Central senator, Natasha Akpoti-Uduaghan has finally returned to the Senate.

She returned on Tuesday as the red chamber resumed after a 10-week recess.

Recall that the upper legislative chamber had on July 24, 2025, adjourned plenary to proceed on its annual recess and resume on September 23, 2025.
The Senate resumed plenary on Tuesday with Deputy Senate President Barau Jibrin presiding over the session.
Natasha, who is returning after a six-month suspension was present, while Senate President Godswill Akpabio was absent at the time of resumption.
Despite his absence, the plenary saw a significant turnout of senators, signaling a full return to legislative activities.
In a show of international solidarity, some senators arrived at the chamber dressed in Palestinian colours and attire, advocating for a free Palestine.
Categories
News

Trade Fair Demolition: Temper Law With Compassion – Peter Obi to Lagos Govt

Peter Obi, the 2023 Labour Party presidential candidate has sent a message to the Lagos State government over demolition of structures in the state.
He urged the government to temper enforcement with mercy.
He said that being legally correct is not a substitute for being morally right.
This comes after he visited the site of the demolished ASPAMDA Market at the Trade Fair Complex, which he criticised and described the razing of traders’ plazas as a test of the state’s commitment to justice and human dignity.
Last week, the Lagos State Commissioner for Information and Strategy, Gbenga Omotoso, said Obi launched into emotional theatrics when he described the incident as “a test of impunity, justice and compassion.”
The Commissioner justified the demolition as constitutional, noting that the affected traders got ample time to regularise their papers when the state government declared a general amnesty last year, which was extended several times.
In a statement on his X handle on Tuesday, Obi warned that the law must never be wielded in a way that inflicts “undeserved pain” or destroys livelihoods when less destructive remedies exist.
Obi recalled a personal experience abroad to illustrate his point, saying governments should pursue formal legal remedies rather than waking up one morning to demolish homes or businesses.
“Those seeking to justify the current demolitions in Aspamda Market, Lagos, and similar situations across Nigeria must be reminded that the law is not an end in itself; it is a means to ensure order, peace, and the protection of human dignity.
 
“When the law becomes an instrument to inflict undeserved pain – enforced without compassion or regard for human welfare – it ceases to serve justice.
 
“Even if, for the sake of argument, some of the affected traders failed to obtain the proper approvals, which is unlikely, was demolition the only option? If opportunities for regularisation truly existed, as some have argued, why were they not pursued?
 
“Does it truly serve justice to destroy billions of naira worth of investments and livelihoods when less destructive remedies could have sufficed?” He asked.
Categories
News

Nigerian Man Jailed 5 Years For R3ping Woman in Scotland

Innocent Megbolu, a 37-year-old Nigerian man has been jailed for r3ping a woman in her own home in Scotland.
He has been jailed for five years by the High Court in Edinburg on October 6, 2025.
He was also made subject to a non harassment order banning him from communicating or approaching the woman for an indefinite period bail.
Megbolu, formerly of Craigmillar, in Edinburgh, grabbed hold of the woman during the attack in her flat in the Leith area of the city on August 21, 2023, after she earlier asked him to leave her home.
A judge told the s3x attacker: “The degree of harm caused by you in committing this crime must be considered as particularly high.” 
Judge Alistair Watson said at the High Court in Edinburgh: “Her evidence was she was crying and shouting and yet you continued with your conduct.”
The judge said that he took into account that the offence took place at the home of the victim where she was entitled to feel safe and be safe.
Megbolu had denied r3ping the woman during an earlier trial but was convicted of the attack by a jury.
An acquaintance of the victim told the court:“She told me that he flipped her over – like a wrestling move.” 
The woman was shaking and in shock after the assault by Megbolu.
Another woman said she received a phone call from the victim and added: “She said she had been r3ped.” 
Defence counsel Jonathan Campbell said that Megbolu understood that, given the serious nature of the offence, a custodial sentence was “inevitable”.
He said that married, father-of-two Megbolu was a first offender and was working in the care sector prior to the commission of the crime.
Mr Campbell said: “His principal concern is for his family and the impact the conviction will have on them.” 
The defence counsel said it was “highly likely” that Megbolu would be deported at the end of his prison sentence.
Megbolu was placed on the sex offenders’ register indefinitely following his sentencing.
Categories
News

Naira Depreciates Against US Dollar Across Official, Black Markets

The Naira has depreciated against the United States Dollar on Monday.

The currency depreciated against the dollar across official and parallel foreign exchange markets according to data from the Central Bank of Nigeria.
The data showed that the Naira dropped to N1,470.26 on Monday, down from N1,465.68 traded on Friday.
This means that the Naira weakened by N4.58 per dollar on Monday compared to the N1,465.68 recorded on Friday last week.
Similarly, at the black market, the Naira dropped to N1,505 per dollar on Monday, down from N1,495 traded at the close of business on Friday last week.
Bureau de Change operators attributed the drop to rising demand for foreign exchange.
Recall that the Naira had also eased against the Dollar on Friday.
This comes despite the continued rise in Nigeria’s external reserves to $42.44 billion as of October 3, 2025.
Categories
News

NNPCL Increases Fuel Price

The Nigerian National Petroleum Company Limited has announced a new increase in the price of petrol.

This is as NNPCL retail outlets in Wuse Zone 6 and Zone 4 have now increased their petrol pump price to N905 per litre, up from N890.

This means that the country’s oil behemoth adjusted its fuel pump by N15, or a 1.7 per cent upward increase.
The president of the Independent Petroleum Marketers Association of Nigeria, Abubakar Maigandi, attributed the hike to supply disruption caused by the Petroleum and Natural Gas Senior Staff Association of Nigeria and the Dangote Refinery feud.
He, however, stated that its members dispense petrol between N885 and N895 per litre.
 
“It is due to PENGASSAN’s strike disruption.However, members still sell at N885 and N895 per litre,” he told DAILY POST.
Recall that PENGASSAN’s feud with Dangote Refinery over the mass sacking of Nigerian workers led to a two-day strike action.
However, the federal government intervened, which resulted in the suspension of the strike action.
Categories
News

Why Cooking Gas Price Is Increasing – NNPC Boss

The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC), Mr. Bayo Ojulari has explained the recent rise in the price of cooking gas across the country.
Speaking in a chat with State House correspondence, Ojulari said cooking gas price hike was caused by the temporary disruption of operations during last week’s strike by the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN).
He said the industrial action halted loading and distribution for several days, leading to an artificial rise in the price.
“The increase you saw was relatively artificial because for the period of the strike, movements and loading were delayed by about two, three days. And because of that, you see that impact. As things return back to normal, it takes some time for distribution to be fully restored.”
Ojulari also accused some retailers of taking advantage of the temporary supply disruption to inflate the cooking gas price.
 
“As you know, in Nigeria, people take opportunity. With that delay, some of the people that had existing resources and reserves had to put up the price,” he said.
Ojulari assured Nigerians that as supply chains stabilise, the cooking gas price is expected to ease in the coming weeks.
 
“My expectation is that now that things are back to normal, prices should return to what they were before the strike,” he said.
The rise in cooking gas price followed the industrial action by PENGASSAN over the dismissal of Nigerian workers at the Dangote Refinery.
Categories
News

Netflix Has Lost $25 Billion After Elon Musk Urged Users to Cancel Subscription Over Transgender Character

Following a call to boycott Netflix, the company has lost a staggering $25 billion.
World’s richest man, Elon Musk had urged users to cancel subscription over a transgender character.
The streaming giant’s market value has taken a massive hit, reportedly slipping from about $514 billion on September 27 to $489 billion by October 3, a decline of nearly $25 billion.
Almost $7 billion reportedly vanished right after Elon Musk’s October 1 post urging followers to drop their subscriptions.
According to Yahoo Finance, Netflix shares fell dramatically on Friday, October 3, marking their biggest weekly decline since April 4.
Over the past five trading days, the stock dropped nearly 5% as Tesla CEO Elon Musk continued urging his 227 million followers on X to cancel Netflix subscriptions. Musk criticised the streamer for allegedly promoting transgender messaging in kids’ shows.
While the Nasdaq and overall markets climbed about 2% to record highs over the week, Netflix has lagged behind Big Tech peers like Amazon (AMZN) and Meta (META). On Thursday, October 2, as well, Netflix shares opened lower, falling 1.2% before trimming losses to end 0.8% down, reaching $1,161 at 2:15 p.m. EDT, Forbes reported. The stock has dropped about 2.4% since Musk tweeted on Tuesday, September 30, that he had cancelled his Netflix subscription. Over the past five trading days, Netflix shares have fallen 4.4%, even as the tech-heavy Nasdaq marks its fifth consecutive day of gains.
$15 billion in Netflix shares were liquidated after one tweet by Elon Musk. “Cancel Netflix.”
He urged canceling the streaming subscription for the sake of children’s health, labelling it LGBT propaganda.
Some reports estimate that Netflix has lost over $15 billion in market value since Musk’s calls began. While conservative sources peg the number at around $25 billion. But regardless of the exact total, analysts agree the timing between Musk’s boycott call and the stock dip is hard to ignore.
Musk has repeatedly called for a boycott. On Tuesday, he wrote: “Cancel Netflix for the health of your kids.” 
The Billionaire CEO also reposted messages accusing Netflix of pushing a “transgender woke agenda.” These boycott comes amid the controversies surrounding the cancelled Netflix animated series, Dead End: Paranormal Park, directed by Hamish Steele. Conservative critics claimed the show promoted progressive ideas they disagreed with.