Author: Binta Agboola

Aliko Dangote, Africa’s richest man, has clarified that his $20 billion refinery project received no government incentives. He made this known during a meeting with the House of Representatives leadership, led by Speaker Tajudeen Abbas and Deputy Speaker Benjamin Kalu. Dangote emphasized that his company paid $100 million for the land, debunking claims of favoritism. “We did not collect one single incentive from the Federal Government or Lagos State. We paid $100m for the land; it wasn’t free,” he stated. Addressing allegations of monopoly, Dangote explained that his group adds value to local raw materials, producing products that benefit the…

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In a significant political development, the reinstated Deputy Governor of Edo State, Philip Shaibu, and prominent members of the Peoples Democratic Party (PDP) defected to the All Progressives Congress (APC) on Saturday. The defection took place during the inauguration of the National Campaign Council by the APC National Chairman, Abdulahi Ganduje, in Benin. Shaibu, who was reinstated by an Abuja High Court on Wednesday, led the Legacy Group into the APC, stating that they had come to add value to the party. “We have come to take back our state. We will not talk too much because action will speak…

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Manchester United’s pursuit of Bayern Munich defender Matthijs de Ligt has been confirmed by manager Erik ten Hag, but the deal is facing uncertainty. Ten Hag, who previously worked with De Ligt at Ajax, stated that while he knows the player well, he did not initiate the transfer talks. “It remains to be seen whether De Ligt will come,” Ten Hag told AD Sportwereld. “I wanted to sign him two years ago, but he was already close to joining Bayern Munich. His name didn’t come from me in this process.” Despite De Ligt’s desire to reunite with Ten Hag, the…

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Dr. Doyin Okupe, the Director-General of the Labour Party’s presidential campaign, has clarified that Peter Obi betrayed Atiku Abubakar, not him. Okupe stated that Obi’s presidential ambition led him to contest against Atiku, who brought him into national politics. In a viral video, Okupe explained that he supported Obi based on fairness and the need for a president from the South-East. He revealed that Pa Ayo Adebanjo persuaded him to support Obi, and they concluded that Obi was the best candidate from the region. Okupe denied betraying Obi, saying he withdrew his support due to Obi’s decision to contest against…

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Renowned Nobel Laureate, Prof. Wole Soyinka, has shared his harrowing experiences during the late dictator Gen. Sani Abacha’s regime, describing his survival as “a bit of a miracle”. In an interview marking his 90th birthday, Soyinka revealed Abacha’s obsession with him, which led to many innocent people suffering consequences for associating with him. “Consider it a bit of a miracle that I managed to survive that period. Because Abacha was mad. He was obsessed. He was really obsessed with me. Many people paid a heavy price simply because…,” he recounted. Soyinka’s bravery and literary works have made him a prominent…

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Edo State Deputy Governor, Philips Shaibu, has revealed that he is now a member of the All Progressives Congress (APC), despite still being a card-carrying member of the Peoples Democratic Party (PDP). In an interview on Arise TV, Shaibu explained that his spirit has left the PDP, and he is now fully committed to the APC. “My spirit has left PDP for a long time, it’s only my leg and body that are still there,” he said. Shaibu also alleged that he has been trying to reach his principal, Governor Godwin Obaseki, for months but has been ignored. “I called…

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Alhaji Lai Mohammed, former Minister of Information and Culture, has lamented the devastating effects of fake news, revealing that a false report of a $1.9bn payment into his account almost destroyed his 40-year marriage. Speaking at a program organized by the Mass Communication Department of Olabisi Onabanjo University, Mohammed emphasized the need for collective action against fake news, stressing that its gravity can only be understood when one becomes a victim. He narrated how his wife believed the false report and requested to be made a signatory to his bank account, preparing for the worst. Mohammed explained that the allocation…

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The Central Bank of Nigeria (CBN) has sold dollars to eligible Bureau De Change (BDC) operators at a rate of N1450/dollar, according to a statement by the acting director of the Trade and Exchange Department, AA Mahdi. This move comes after the CBN sold $123m to authorised dealers earlier in the week, which the Association of Bureau De Change Operators of Nigeria (ABCON) claimed excluded them. ABCON President, Aminu Gwadebe, stated that only banks received the forex intervention. However, the CBN has now approved the sale of FX to eligible BDCs to meet the demand for invisible transactions. Each BDC…

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Italy’s competition watchdog, AGCM, has launched a probe into Google and its parent company, Alphabet, over suspected unfair commercial practices related to user data consent requests. The investigation is focused on whether Google’s consent requests are misleading and aggressive, and if they provide adequate information to users. According to the watchdog, Google’s consent requests may be accompanied by “inadequate, incomplete, and misleading information” that could influence users’ decisions on whether and how much consent to give. Google requests consent to aggregate and use personal data across its services, including search, Maps, and YouTube, but the watchdog alleges that the consent…

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The Nigerian Education Loan Fund (NELFUND) has launched its disbursement, but Southern students are hesitant due to skepticism. Dr. Akintunde Sawyerr, NELFUND MD, attributed this to a lack of awareness, saying the South is “questioning everything.” In contrast, Northern institutions have shown better coordination, leading to more applications. Sawyerr assured that skepticism will fade as disbursements continue, and awareness efforts are underway. Universities have the highest demand, followed by polytechnics and colleges of education. Private institution students are excluded due to higher fees. Sawyerr praised President Bola Tinubu’s vision, saying the loan scheme will positively impact many lives. National Association…

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