Author: Yetty
Yetty
Yetty is an entertainment blogger with skin in the game. She knows her way around the industry and thrives to promote and share binge-worthy contents. She is one of the best bloggers out there.
In a landmark judgment delivered on Wednesday, July 10th, 2024, the Supreme Court of Nigeria has significantly bolstered the autonomy of local government councils (LGCs) across the country. The unanimous decision, delivered by a seven-member panel led by Justice Bode Rhodes-Vivour, bars state governors from arbitrarily dissolving democratically elected LGC administrations. This historic verdict comes in response to a lawsuit filed by the Federal Government of Nigeria (FG) against all 36 state governments. The suit, marked SC/CV/343/2024, challenged the practice of governors dissolving LGCs for flimsy reasons or without following due process. The FG argued that such actions undermined the…
In a decisive move to curb illegal mining activities and protect the environment, the Federal Government, on Tuesday, July 9th, 2024, sealed a sand dredging and mining company operating in Ilate-Etido Community, Obafemi/Owode Local Government Area of Ogun State. The company, Ojibas Nigeria Limited, reportedly owned by a businessman from Osun State, was targeted by officers from the Mining Inspectorate Department of the Federal Ministry of Solid Minerals and Development. This action follows a period of mounting tension in the Ilate-Etido Community. Residents had staged protests against Ojibas Nigeria Limited, accusing them of destructive and environmentally damaging practices. The community…
The Ambrose Alli University (AAU), Ekpoma, Edo State, is poised for a new era of leadership and excellence. On a date yet to be officially announced, the Edo State Government, led by Governor Godwin Obaseki, has approved the constitution of a Governing Council for the prestigious university. This decision marks a significant step forward for AAU, following a period of focused intervention by a Special Intervention Team (SIT). The SIT, established by Governor Obaseki, played a crucial role in addressing various challenges faced by the university. Their work included, but was not limited to, tackling issues related to internal governance,…
The 2024 UEFA European Championship, hosted by Germany, promises not only thrilling football but also a hefty financial reward for participating teams. With a total prize pool of €331 million (approximately $378 million), the tournament offers a significant financial incentive for success. From participation fees to hefty bonuses for reaching the final, let’s delve deeper into the breakdown of the Euro 2024 prize money: Participation Matters: A Base Reward for All Teams Every nation that qualified for Euro 2024 received a participation fee of €9.25 million ($10.6 million). This ensures that even teams eliminated in the group stages receive a…
Anamekwe Nwabuoku, the former Acting Accountant-General of the Federation, made a dramatic plea in a Federal High Court in Abuja on Wednesday. Facing charges of money laundering to the tune of N1.6 billion ($3.6 million), Nwabuoku begged for an extension of the deadline to refund the allegedly looted funds. This development has sparked a national conversation, raising questions about the seriousness of his intentions and the effectiveness of Nigeria’s anti-corruption efforts. A web of Allegations: Unraveling the Nwabuoku Case Nwabuoku’s legal troubles stem from his time as Director of Finance and Accounts in the Ministry of Defence between 2019 and…
The ghosts of tournaments past have finally been exorcised. England, a team burdened by decades of underachievement on the international stage, has defied expectations and reached the Euro 2024 final. This historic feat is the culmination of a decade-long development program that has transformed the national team from perennial nearly-men to genuine contenders. A History of Heartache: The Long Road to Redemption For English football fans, the phrase “major tournament heartbreak” has become a wearisome refrain. Since their solitary World Cup triumph in 1966, the Three Lions have consistently fallen short in major competitions. Semi-final defeats at Euro 1996 and…
For Nigerians grappling with the persistent darkness of power outages, a glimmer of hope has emerged. The United States Agency for International Development (USAID) has announced a significant investment of N115.2 billion ($266 million) to support reforms and advancements in Nigeria’s power sector. This comes at a critical juncture, as the country continues to battle crippling blackouts that disrupt daily life and hinder economic growth. A Nation in the Dark: The Scope of Nigeria’s Power Crisis Nigeria’s power sector is plagued by a multitude of challenges. Despite having an installed generation capacity of 12.5 GW, only a fraction of this…
A new report by the World Bank has exposed a gaping hole in the efficiency of public spending in Nigeria. The report, titled “The Leakage Factor: Addressing Absenteeism in Nigeria’s Education and Health Sectors,” paints a grim picture, revealing that a staggering 34% of allocated funds for education and healthcare are lost due to absenteeism among teachers and health workers. This translates to billions of naira wasted each year, depriving Nigerian students and patients of critical services. The Cost of Empty Desks and Untouched Stethoscopes The World Bank’s research employed a multi-pronged approach to estimate the financial impact of absenteeism.…
The Nigerian business landscape for foreign exchange is facing a significant shakeup. The Corporate Affairs Commission (CAC) has announced its intention to cancel the certificates of incorporation of over 4,000 Bureau De Change (BDC) operators whose licenses were revoked by the Central Bank of Nigeria (CBN) earlier this year. This move, seen by many as a necessary step to clean up the forex market, carries far-reaching implications for the affected BDCs and the wider financial ecosystem. A Crackdown on Non-Compliance In February 2024, the CBN wielded the axe, revoking the licenses of a staggering 4,173 BDC operators. The apex bank…
The Federal Government of Nigeria (FG) has sent ripples of hope through the nation with a bold proclamation: a massive crash in food prices by January 2025. This announcement, made by the Minister of Agriculture, Abubakar Kyari, comes amidst skyrocketing food costs that have left many Nigerians struggling to put food on the table. Minister Kyari unveiled a multi-pronged approach to achieve this ambitious goal. The centerpiece of the plan involves the suspension of duties, tariffs, and taxes for the importation of certain food commodities. Additionally, the government plans to directly import 500,000 metric tonnes of wheat and maize, aiming…