President Bola Tinubu has signed a new Deep Offshore Oil and Gas Projects Incentives (Tax Remission) Order aimed at unlocking up to $50 billion in investment in Nigeria’s deepwater oil sector, beginning with the approximately $10 billion Bonga South West project. But the bigger question is not whether the incentives will attract investors. It is…
Japan has committed $3.5 million to strengthen Nigeria’s rice seed production system, providing equipment and technical support to the National Cereals Research Institute (NCRI) and its outstations. The intervention is designed to improve the quality and availability of rice seeds supplied to farmers across the country. But the interesting part of this intervention is that…
Nigeria’s security agencies face renewed scrutiny over allegations of people being held for years without trial, raising a question that goes beyond individual cases: how can the state fight insecurity effectively if people can remain in detention without a clear judicial resolution? One of the cases attracting attention is that of Onyeaka Ozioma Elizabeth, an…
Ten police officers and two civilians have been killed in a major gun battle with suspected bandits in Sakaba Local Government Area of Kebbi State, highlighting just how dangerous the north-western security crisis remains even as authorities report increasing successes against armed groups. The confrontation happened around 9:25 a.m. Monday along the Rafin Makuku axis,…
The Academic Staff Union of Universities (ASUU) has declared indefinite strikes at Imo State University and Nasarawa State University, Keffi, disrupting academic activities over unpaid salaries, promotion arrears and other outstanding entitlements. At the same time, ASUU has authorized branches in about 20 other universities to issue 14-day strike ultimatums over the failure to implement…
A young Nigerian man’s declaration that he would vote for President Bola Tinubu simply because they are both Yoruba has reignited one of Nigeria’s most uncomfortable political debates: how much should ethnicity influence the way Nigerians choose their leaders? In the viral video, the man acknowledges that Peter Obi could perform well as president but…
Nigeria’s tax chief, Zacch Adedeji, has offered an unusual defence of President Bola Tinubu’s administration amid criticism that political leaders live comfortably while ordinary Nigerians struggle with rising living costs. In a Channels Television interview, Adedeji, chairman of the Nigeria Revenue Service, pointed to what he described as Tinubu’s personal simplicity. He said the President…
Nigeria is getting a mixed picture of its fight against kidnapping: security forces are rescuing more victims, but kidnappers continue to demonstrate how easily they can strike. In Zamfara, Nigerian Army troops working with the police rescued 33 passengers who had been abducted around Magazu in Tsafe Local Government Area. The operation was carried out…
Nigeria’s latest private-sector numbers offer one of the clearest signs yet that businesses are beginning to regain confidence. Business activity reportedly reached a five-month high, while the Nigerian Exchange Group’s market value has climbed to about ₦160 trillion. But the more interesting question is whether this improvement is the beginning of a broader economic recovery…
Nigeria and Canada have taken a major step towards direct air travel, signing an expanded Air Transport Agreement that allows airlines from both countries to operate scheduled flights between the two countries for the first time. The agreement provides for up to 14 passenger flights and 10 cargo flights per week in each direction, with…
