The Alliance for Economic Research and Ethics has called on the federal government to reject the International Monetary Fund's (IMF) recommendation for new taxes on fuel, telecommunications services, and consumption. In a policy statement released on June 14 by its chairman, Dele Oye, the think tank group warned that such measures would worsen poverty, raise …
There are concerns that the growing cost of Liquefied Petroleum Gas (LPG), commonly known as cooking gas, is threatening efforts to promote clean energy adoption in Nigeria as households increasingly turn to cheaper but less environmentally friendly alternatives for their daily cooking needs. The price of cooking gas has more than doubled in the last …
Nigeria’s headline inflation rate rose to 15.93 per cent in May, from 15.69 per cent in April, marking the first increase in two months. The National Bureau of Statistics (NBS) revealed the figure in its monthly Consumer Price Index (CPI) data released on Monday, June 15. The latest figure signals persistent price pressures across the …
The African Democratic Congress (ADC) has named former Rivers State governor and ex-Minister of Transportation, Rotimi Amaechi, as the running mate to its presidential candidate, Atiku Abubakar, for the 2027 general election. The announcement was contained in a statement issued on Monday by the party’s National Publicity Secretary, Bolaji Abdullahi. According to the party, the …
The Federal Capital Territory (FCT) Police Command has arrested four suspected members of a criminal network linked to kidnapping and banditry operations, in what authorities described as another significant breakthrough in the ongoing fight against violent crime in and around Abuja. The suspects, identified as Yahaya Abdullahi, Muhammed Yunusa, Hauwa Shafiu and Shamsudeen Mustapha, were …
Deputy Speaker of the House of Representatives, Benjamin Kalu, has called for an end to Nigeria's heavy dependence on imported military hardware, urging the country to build a robust homegrown defence industry capable of strengthening national security, creating jobs, and reducing strategic vulnerabilities. Kalu said Nigeria must move from being a consumer of foreign defence …
Fresh concerns over insecurity have emerged in Lagos after a motorist alleged that a gang of suspected kidnappers operating along the Apapa-Oshodi Motorway attempted to abduct him on Sunday morning. The motorist, Fatai (other names withheld for security purposes), told Pinnacle Daily on Sunday, June 14, that he narrowly escaped what he described as a …
Defence and security expert, Dr. Steve Okwori, has said the evacuation of Nigerians from South Africa could pose fresh security threat if done without proper profiling and reintegration. Okwori stated this while reacting to the news of Nigeria receiving returnees from South Africa affected by renewed xenophobic attacks and anti-immigration protests targeting African migrants. Following …
From armed robbers and communal clashes to terrorism, banditry and mass kidnappings, how Nigeria's security landscape changed under democratic rule When Nigeria returned to democratic rule on May 29, 1999, it was a moment of immense national optimism. After years of military governance, millions of Nigerians embraced democracy with the hope that it would …
More than two decades after Nigeria returned to democratic rule in 1999, electricity challenge has seemingly remained resistant to reforms. Despite billions of dollars invested, numerous policy changes, and repeated promises by successive administrations, millions of Nigerians still live with an unreliable power supply, forcing households and businesses to depend on generators for daily survival. …
