Richard Adeolu Adejumobi

₦68.32 Trillion Budget Signed: Tinubu Bets Big on Capital Spending, Extends 2025 Plan

Article / Leave a Comment

President Bola Ahmed Tinubu has formally assented to the 2026 Appropriation Act, approving a historic ₦68.32 trillion budget alongside an extension of the 2025 budget implementation to June 30, 2026. The 2026 fiscal framework reflects an expansive spending plan, with ₦4.799 trillion allocated to statutory transfers and ₦15.8 trillion committed to debt servicing. Recurrent expenditure […]

₦68.32 Trillion Budget Signed: Tinubu Bets Big on Capital Spending, Extends 2025 Plan Read More »

Vetting Scandal Rocks No.10: Starmer ‘Furious’ in Mandelson Row

Article, News / Leave a Comment

A brewing controversy at the heart of the British government has placed Prime Minister Keir Starmer under intense scrutiny following reports that he was not informed of a failed security vetting concerning senior Labour figure .Peter Mandelson. The revelation has triggered what insiders describe as a furious response from Starmer, raising urgent questions about internal

Vetting Scandal Rocks No.10: Starmer ‘Furious’ in Mandelson Row Read More »

The Opposition’s Biggest Problem Isn’t the Ruling Party—It’s Atiku

Article / Leave a Comment

The evolving posture of Atiku Abubakar toward fellow opposition figures has introduced a contentious but unavoidable question into Nigeria’s political discourse: is the opposition’s greatest obstacle external—or internal? At a moment that demands strategic cohesion, Atiku’s public dismissal of the presidential prospects of Rabiu Musa Kwankwaso and Aminu Waziri Tambuwal signals more than routine political

The Opposition’s Biggest Problem Isn’t the Ruling Party—It’s Atiku Read More »

OpenAI Calls For Robot Tax:AI Boom Triggers New Policy Debate

Article / Leave a Comment

A growing debate over the economic consequences of artificial intelligence has intensified following calls linked to OpenAI for the introduction of a “robot tax”—a policy proposal aimed at addressing job displacement and widening inequality in the age of automation. The concept of a robot tax, long discussed in policy and academic circles, proposes that companies

OpenAI Calls For Robot Tax:AI Boom Triggers New Policy Debate Read More »

Malema Sentenced to Five Years, Political Fallout Looms

Article, News / Leave a Comment

Johannesburg — , leader of the (EFF), has been sentenced to five years in prison, in a ruling that is expected to have significant political repercussions. The sentencing marks a major development for one of South Africa’s most prominent opposition figures, known for his strong stance on economic redistribution and land reform. While full details

Malema Sentenced to Five Years, Political Fallout Looms Read More »

Tinubu Approves ₦3.3 Trillion Power Sector Debt Settlement — But GenCos Say the Real Figure Is Twice That

Business News, News / Leave a Comment

The Federal Government announced a ₦3.3 trillion settlement plan for a decade of power sector arrears on Sunday, with 15 generation companies already signed on and ₦223 billion disbursed. But the Association of Power Generation Companies insists the actual debt stands at over ₦6 trillion — raising fundamental questions about who verified the figures, and

Tinubu Approves ₦3.3 Trillion Power Sector Debt Settlement — But GenCos Say the Real Figure Is Twice That Read More »

Seplat Workers Begin Indefinite Strike, Raising Risks to Nigeria’s Oil Output

News / Leave a Comment

Lagos — Workers at have embarked on an indefinite strike, introducing fresh uncertainty into Nigeria’s oil production outlook at a moment when global prices are rising and the country is under pressure to maximise output. The industrial action, which commenced on Friday, affects one of Nigeria’s most important independent producers, with operations concentrated in key

Seplat Workers Begin Indefinite Strike, Raising Risks to Nigeria’s Oil Output Read More »

Search
Scroll to Top