The landing cost of Premium Motor Spirit (PMS), also known as petrol, in Nigeria has declined to ₦900.28 per litre as of Thursday, a drop of ₦36 or 3.62% from the previous week’s cost of ₦936.75 per litre. Data from the Major Energies Marketers Association of Nigeria (MEMAN) further revealed earlier dips this week, reaching … Read more
French President Emmanuel Macron has named François Bayrou, leader of the centrist MoDem party, as France’s new prime minister, in a strategic move to stabilize the nation’s volatile political landscape. Bayrou, 73, a seasoned politician and mayor from southwestern France, acknowledged the challenges ahead, emphasizing the need for unity: “I think reconciliation is necessary.” His … Read more
The House of Representatives has directed the Nigeria Upstream Petroleum Regulatory Commission (NUPRC) to provide detailed records on oil production, crude sales, and other upstream petroleum operations in the country. This mandate was issued during a joint session of the House Committee on Finance and the Committee on National Planning, held in Abuja on Friday … Read more
The House of Representatives is working to strengthen Nigeria-South Korea relations, according to Hon. Kolawole Akinlayo, the newly appointed Chairman of the Nigeria-South Korea Friendship Group Committee. Hon. Kolawole Akinlayo announced plans to meet with the South Korean Ambassador to Nigeria next week to discuss strengthening bilateral ties. He also called for a peaceful resolution … Read more
The Lagos State Government has announced its commitment to adopting a new Building Code in the coming year, aimed at achieving high-performance standards necessary for Lagos to become a sustainable and Smart City. EKO HOT BLOG reports that this initiative was revealed at the Lagos State Executive Council Retreat on the Domestication of the Lagos … Read more
Saudi Arabia executed 10 Nigerians and 79 others in 2024, mostly for drug-related offenses. This number is nearly triple the total executions of 34 foreigners in 2023 and 2022. In 2024, Saudi Arabia executed 10 Nigerians and 79 other foreigners, including 21 Pakistanis, 20 Yemenis, and 14 Syrians. The European-Saudi Organisation for Human Rights (ESOHR) … Read more
Two civil groups, Community Rescue Initiative, Toro Concerned Citizens of a Relief Foundation and an Abuja based lawyer, Comrade Nasir Bala have sued President Bola Ahmed Tinubu, the Attorney-General of the Federation and Minister of Justice, the Senate President, Senator Goodswill Akpabio over the alleged unlawful removal of Justice Danladi Yakubu Umar as Chairman of … Read more
Abiola Kayode, a 37-year-old Nigerian on the FBI’s most wanted list, has been extradited from Ghana to Nebraska, U.S., over a 2019 wire fraud conspiracy indictment. Ghanaian authorities arrested him and handed him over to FBI agents. Abiola Kayode appeared in court on December 11, 2024, and was ordered a detained pending trial. He is … Read more
US cops are puzzled after discovering $100 million worth of marijuana in a warehouse in Oak Hills, California, with no owner in sight. Neighbors had reported a strong smell coming from the newly built building, leading cops to find the entire 4,800-square-foot warehouse filled with bags of marijuana. The 3,000 bags, weighing 45 tons, … Read more
The Federal High Court, Abuja, on Friday, granted the immediate-past Governor of Kogi State, Yahaya Bello, bail in the sum of N500 million with two sureties in like sum. This was after the former governor had pleaded not guilty to the 19-count charges brought against him by the Economic and Financial Crimes Commission (EFCC). Bello … Read more
Deputy Speaker Benjamin Kalu urged Ndigbo to support the 1999 Constitution review and collaborate on South-East development during a meeting with the South-East Legislators Forum. Kalu emphasized the importance of unity, urging an end to sit-at-home orders, saying, “Unity is power; we must come together for growth.” Kalu urged lawmakers to back the South East … Read more
The immediate past Governor of Kogi State, Yahaya Bello, has pleaded not guilty to the alleged ₦80 billion fraud levelled against him by the Economic and Financial Crimes Commission (EFCC). EDITOR’S PICKS PDP Declares Ethiope East Federal Seat Vacant Following Ibori-Suenu’s Defection to APC Retired Principals Call for Recognition and Better Welfare from Government BREAKING: … Read more
Governors elected under the All Progressives Congress (APC) are set to meet with members of the National Assembly to address concerns over contentious tax reform bills. The planned meeting follows a Wednesday night session with President Bola Tinubu, key cabinet members, and Speaker of the House of Representatives Tajudeen Abbas. Discussions centered on the tax … Read more
Senate President Godswill Akpabio has explained why the red chamber cannot outrightly stop the Minister of the Federal Capital Territory, FCT, Nyesom Wike, from demolishing structures in the nation’s capital. Akpabio, who explained that all demolitions could not be stopped because some were ordered by the courts, mandated the minister to continue with demolition of … Read more
The Minister of the Federal Capital Territory (FCT), Mr. Nyesom Wike, through his Senior Special Assistant on Public Communications and New Media, Mr. Lere Olayinka, has explained the rationale behind the revocation of a multi-million naira land allocated to Paulosa Nigeria Ltd nearly 40 years ago. He also dismissed allegations of land grabbing against the … Read more
The National President of the National Union of Road Transport Workers (NURTW), Alhaji Musiliu Akinsanya, widely known as MC Oluomo, led a distinguished delegation to meet with the Minister of Marine and Blue Economy, Adegboyega Oyetola, at the minister’s office in Abuja on Wednesday, December 11, 2024. EKO HOT BLOG reports that the visit, announced … Read more
Organized Labour Insists on NLNG Model for Refinery Privatization Organized Labour has reiterated its opposition to the outright sale of public refineries, proposing instead a privatization model similar to the Nigerian Liquefied Natural Gas (NLNG) structure, where the private sector holds a majority stake while the government, workers, and host communities retain minority stakes. EDITOR’S … Read more
A Lagos court sentenced Bamidele Folorunsho to 10 years for indecent treatment and sexual assault of a minor, including fondling her. Justice Rahman Oshodi sentenced Bamidele Folorunsho to 10 years after he pleaded guilty to his act of indecency. Initially arraigned in 2021, he changed his plea during a re-arraignment on December 11, 2024. Folorunsho … Read more
Lecturers in Bauchi State-owned polytechnics, colleges, and monotechnics, under the Joint Action Committee (JAC) of academic and non-academic staff, have announced a two-week warning strike over the government’s failure to meet their demands regarding the new minimum wage. The union had previously issued a 21-day ultimatum on November 19, calling for the implementation of the … Read more
The United Nations Educational, Scientific and Cultural Organisation (UNESCO) says for the second consecutive year, conflict zones have proven dangerous for journalists and media workers, with 2024 seeing at least 68 deaths in the line of duty. More than 60 per cent of these killings occurred in countries experiencing conflict – the highest percentage in … Read more