Good morning. Here is today’s summary from TheMatrix Newspapers:
1. N167bn Project Fraud In 31 MDAs: SERAP Sues Tinubu
- Calls For Publication Of Contractors Who Failed To Execute Projects
- Says They’ve Restricted Access Of Poor Nigerians To Public Goods, Services
- FG Cracks Down On Ghost Workers, Sets Feb 17 Deadline For Verification
In yet another lawsuit, the Socio-Economic Rights and Accountability Project (SERAP) has sued President Bola Tinubu over “the failure to direct the Minister of Finance and Coordinating Minister of the Economy, Olawale Edun to name and ensure the prosecution of contractors who collected over N167 billion from 31 ministries, departments and agencies (MDAs) but failed to execute any projects.” READ MORE
2. One Year After, Tinubu, Sanwo-Olu, Others Remember Herbert Wigwe
- The Light He Lighted In Our Nation Will Never Be Dimmed – Tinubu
One year after a tragic helicopter crash claimed the lives of banking tycoon Herbert Wigwe, his wife Chizoba; son Chizi, and a former President of the National Council of the Nigerian Stock Exchange (NSE) Abimbola Ogunbajo, prominent Nigerians including President Bola Ahmed Tinubu, Lagos State Governor, Babajide Sanwo-Olu and others have remembered the late business tycoon. READ MORE
3. World Bank To Boost Infrastructure Financing In Nigeria With Joint Capital Market Programme
- ICRC Vows To Unlock Capital Market’s Potential To Fund PPP Projects
The World Bank has revealed that plans are underway to introduce Its Joint Capital Markets Programme (J-CAP) in Nigeria to boost infrastructure financing. READ MORE
4. Tinubu Rolling Out Deliberate Policies To Transform Economy- Igwe, CRFFN Registrar
Since inception, the Council for Regulation of Freight Forwarding (CRFFN) has been faced with several teething challenges which has led to the clamour and agitation for a key professional to be appointed as the Registrar and Chief Executive Officer of the council. READ MORE
5. Lagos Increases Red Line Services To Nine Trips Daily
From today, February 10, 2025, the Red Line Rail Service will expand its capacity, offering nine trips comprising five mornings and four evening trips daily, up from the previous two-morning trips. READ MORE
6. 4% FOB Charge Will Hurt Businesses, Consumers- Saraki
The former President of the Senate, Dr. Abubakar Bukola Saraki, has criticized the Federal Government over its 4% customs administration charge on the Free On-Board (FOB) value of imports, warning that it will worsen economic hardship for Nigerians. READ MORE
7. Namibia’s Founding Father, Sam Nujoma, Dies At 95
Sam Nujoma, the revolutionary leader who guided Namibia to independence from apartheid South Africa and became its first president, has died at the age of 95. READ MORE
8. How NELFUND Is Addressing School Dropout Menace — Presidential Aide
A Senior Special Assistant to President Bola Ahmed Tinubu on Students’ Engagements, Sunday Asefon, has disclosed that the introduction of the Nigerian Education Loan Fund (NELFUND), codenamed students’ loans, has helped dismantle the monsters of poverty, illiteracy, and school dropout among Nigerian youth. READ MORE
9. Portable Denies Allegations Of Assaulting Ogun Officials
Controversial singer Portable has denied allegations that he attacked Ogun State officials who sealed his bar and an uncompleted building. READ MORE
10. Shock As Liverpool, Tottenham Crash Out Of FA Cup
Plymouth Argyle caused a major upset in the FA Cup after securing a 1-0 win against Arne Slot’s Liverpool side to end their hopes of securing the trophy for an eighth time. READ MORE
