Good Evening. Here is today’s News Brief from The Matrix:
1.Tinubu Kicks Off $550 Million Gas Project
The Nigerian National Petroleum Corporation Ltd. and TotalEnergies have announced the commencement of their 550 million upstream gas project, according to the administration of President Bola Tinubu.
The $550 million upstream gas project between TotalEnergies and the Nigerian National Petroleum Corporation Ltd. to develop the Ubeta field has officially begun, according to the administration of President Bola Tinubu.
This was revealed at the first US-Nigeria Strategic Energy Dialogue, which was organized in Washington by the US State Department, by Olu Verheijen, Mr. Tinubu’s special energy adviser.
2.Rema, Shallipopi, Omah Lay Make EA FC ’25 Soundtrack
The official soundtrack of EA FC 25, a popular football video game that was formerly known as FIFA, features the hit song “Benin Boys” by Afrobeat artists Rema and Shallipopi, marking another significant accomplishment in their careers.
This progression highlights the increasing worldwide impact of Nigerian performers in the entertainment sector.
“Benin Boys,” known for its infectious beat and cultural references to the artist’s hometown of Benin City, Nigeria, has gained significant traction since its release.
3.CBN Vows To Sustain Ways And Means To FG At No More Than 5%
Amid push by the National Assembly to increase the Ways And Means loan to 10%, the Central Bank of Nigeria (CBN) has disclosed that it will continue to support the federal government through ways and means advances but not more than at a 5 percent limit for the 2024-2025 fiscal year.
This development was contained in the apex bank’s monetary, credit, foreign trade, and exchange policy guidelines for the fiscal years 2024-2025, published on Tuesday.
This development follows earlier decision of the apex bank to halt its ways and means advances to the federal government — “until all outstanding debts are refunded”.
4.INEC Declares Julius Abure’s Tenure As “Illegal and Unconstitutional”
The Independent National Electoral Commission (INEC) has announced that it no longer recognizes Julius Abure as the National Chairman of the Labour Party (LP), declaring his continued claim to the position as “illegal and unconstitutional.”
According to INEC, Abure’s tenure, along with that of the party’s national working committee, officially expired in June 2024.
This position was revealed in a counter-affidavit INEC filed in response to a lawsuit by the Labour Party.
5.Mark Cuban Expresses Interest In Buying Social Media Platform X From Elon Musk
American investor and Shark Tank star Mark Cuban has revealed his interest in acquiring the social media platform X, formerly known as Twitter, if given the chance.
Cuban mentioned that he wouldn’t hesitate to purchase the company from its current owner, Elon Musk, should the opportunity arise.
6.Borno State Police Rearrest Escaped Convict Abubakar Mohammed After Maiduguri Flood Prison Break
The Borno State Police Command has rearrested Abubakar Mohammed, one of the convicts who escaped from the Nigerian Correctional Service facility in Maiduguri following the collapse of the prison wall during the September 10 flood that hit the city and surrounding areas.
The arrest was confirmed in a statement on Tuesday by the Police Public Relations Officer for Borno, SP Ahmed Wakil.
7.Federal Government Launches Free Petrol-To-Gas Vehicle Conversion To Reduce Transportation Costs
The federal government has officially launched its initiative to convert petrol-powered vehicles to gas, a move it says will reduce fuel costs and ease the financial burden on citizens.
The conversion is expected to lower transportation expenses, leading to a more affordable cost of living for Nigerians.
8. Elder Statesman Aminu Dantata Donates N1.5 Billion to Maiduguri Flood Victims
Elder statesman and business magnate, Alhaji Aminu Dantata, has donated N1.5 billion to support victims of the recent floods that devastated parts of Maiduguri, Borno State.
Dantata made the donation during a visit to the Government House in Maiduguri on Tuesday, where he expressed his condolences to Governor Babagana Zulum and the people of the state.
9.Kaduna Eid-El-Maulud Auto Crash Death Toll Rises To 40
The death toll from the tragic auto crash in Kaduna State has climbed to 40, with most victims being children.
The accident occurred on Sunday along Saminaka Road in Lere Local Government Area when a J5 bus, overloaded with children heading to celebrate Eid-el-Maulud, lost control due to overspeeding and collided with an articulated vehicle.
10.EDOGuber:INEC Confirms 2.25 Million PVCs Collected
Ahead of the upcoming governorship election in Edo State, the Independent National Electoral Commission (INEC) has announced that 2,249,780 registered voters have collected their Permanent Voters’ Cards (PVCs).
This figure represents 85.57 percent of the state’s 2,629,025 total registered voters
