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TOP NIGERIAN NEWS HEADLINES -August 5th 2024
Welcome to today’s top news headlines in Nigeria for August 5th, 2024. Stay informed with the latest updates and significant events happening across the nation, covering politics, business, education, health, and more. From government policy changes to major societal developments, here’s a comprehensive roundup of the most important stories making waves in Nigeria today.
Table of Contents
Tinubu seeks N’Assembly’s nod as tax regime begins January
President Tinubu is seeking approval from the National Assembly for a new tax regime set to commence in January, aiming to enhance revenue generation. Read more
Nigerians bought N16tn fuel, generators in 2023 – FG
The Federal Government reports that Nigerians spent N16 trillion on fuel and generators in 2023, highlighting the high cost of energy in the country. Read more
S’East governors to table Kanu’s release, region’s insecurity before Tinubu
Governors from the South-East region are set to discuss the release of Nnamdi Kanu and address the ongoing insecurity in the region with President Tinubu, highlighting the urgent need for peace and stability. Read more
Bago lifts youth corps members with N200,000 bonuses
Governor Bago has announced N200,000 bonuses for youth corps members, aiming to motivate and support them during their national service. Read more
Leak official documents, risk jail – FG warns
The Federal Government has issued a stern warning that leaking official documents could result in jail time, emphasizing the importance of confidentiality in government operations. Read more
NNPC declares war on low oil production, targets 2m barrels per day
The Nigerian National Petroleum Corporation (NNPC) has declared an aggressive campaign to boost oil production to two million barrels per day, aiming to enhance national revenue. Read more
Fresh crisis looms in tertiary schools
A new crisis is emerging in Nigeria’s tertiary institutions, with potential disruptions that could affect academic activities and stability. Read more
Anxiety as Cholera hits 33 states, death toll rises to 63
Cholera outbreaks have hit 33 states in Nigeria, causing widespread anxiety as the death toll rises to 63, prompting urgent calls for public health interventions. Read more
98 lawyers shortlisted for SAN title
A total of 98 lawyers have been shortlisted for the prestigious Senior Advocate of Nigeria (SAN) title, recognizing their contributions to the legal profession. Read more
Tinubu seeks N’Assembly’s nod as tax regime begins January
President Tinubu is seeking approval from the National Assembly for a new tax regime set to commence in January, aiming to enhance revenue generation. Read more
Akpabio joins Wike, lampoons Kingibe
Senator Akpabio has joined forces with Governor Wike, openly criticizing former Secretary to the Government of the Federation, Babagana Kingibe. Read more
Akpabio, Jibrin, others visit Saraki over mother’s death
Prominent political figures, including Akpabio and Jibrin, have visited Bukola Saraki to offer their condolences following the death of his mother. Read more
Bill to repeal, re-enact 2007 NIMC Act passes second reading in Senate
A bill to repeal and re-enact the 2007 National Identity Management Commission (NIMC) Act has passed its second reading in the Senate, indicating legislative progress. Read more
Senate proposes NIN for Nigerians abroad
The Senate has proposed that Nigerians living abroad be required to have National Identification Numbers (NIN), aiming to enhance national security and identification. Read more
Reps probe WAEC revenue, expenditures
The House of Representatives has initiated a probe into the revenue and expenditures of the West African Examinations Council (WAEC), aiming to ensure transparency and accountability. Read more
Reps to probe exploitative practices against Air Peace, Dangote by foreign businesses
The House of Representatives will investigate alleged exploitative practices by foreign businesses against Air Peace and Dangote, seeking to protect Nigerian enterprises. Read more
Reps probe alleged diversion of N2tn agric funds
The House of Representatives is probing the alleged diversion of N2 trillion in agricultural funds, aiming to uncover and address any instances of corruption or mismanagement. Read more
N35bn found in Mompha’s accounts, witness tells court
A witness has testified in court that N35 billion was found in the accounts of Ismaila Mustapha, popularly known as Mompha, amidst ongoing financial crime investigations. Read more
Alleged N2.8b fraud: Sirika’s in-law’s firm not approved for Katsina airport project
In a case of alleged N2.8 billion fraud, it has been revealed that Sirika’s in-law’s firm was not approved for the Katsina airport project, raising questions about the procurement process. Read more
Emirate tussle: Court hears pending applications in suit against Bayero
A court is set to hear pending applications in the ongoing legal battle over the emirate tussle involving Bayero, indicating continued judicial scrutiny. Read more
EFCC operative kills self in Abuja
An operative of the Economic and Financial Crimes Commission (EFCC) has tragically taken his own life in Abuja, highlighting the pressures and challenges faced by anti-corruption officers. Read more
FG exempts SMEs, manufacturers, farmers from paying withholding tax – Oyedele
The Federal Government has announced a new policy exempting small and medium-sized enterprises (SMEs), manufacturers, and farmers from paying withholding tax, a move aimed at stimulating economic growth and supporting local businesses. Read more
Abuja rail mass transit records 5,000 passengers daily – Wike
The Abuja rail mass transit system is now recording an impressive 5,000 passengers daily, reflecting the growing reliance on public transportation in the capital city. Read more
N6tr public power revenue will guarantee stable power, says minister
The Nigerian government has projected that generating N6 trillion in public power revenue will ensure a stable and reliable power supply across the nation. Read more
FG Alone Can’t Finance Education – Minister
The Minister of Education has stated that the Federal Government alone cannot bear the financial burden of the education sector, calling for increased private sector involvement and partnerships. Read more
CBN to sanction banks rejecting old dollar notes
The Central Bank of Nigeria (CBN) has announced that it will sanction banks that refuse to accept old dollar notes, ensuring the continued circulation and acceptance of these notes within the financial system. Read more
FG begins computation to fast-track retirees’ pension payment
The Federal Government has initiated the process to fast-track the computation and payment of pensions to retirees, aiming to address delays and ensure timely disbursement. Read more
FG directs MDAs to patronise made-in-Nigeria goods
In a bid to boost the local economy, the Federal Government has directed all Ministries, Departments, and Agencies (MDAs) to prioritize purchasing made-in-Nigeria goods. Read more
Tansian varsity loses appeal in land tussle with Anambra bizman
Tansian University has lost an appeal in a legal battle over land ownership with a businessman in Anambra, further complicating the institution’s property disputes. Read more
ABU writes Tinubu, decries N3.6bn yearly electricity bill
Ahmadu Bello University (ABU) has written to President Tinubu, expressing concerns over its annual electricity bill of N3.6 billion, seeking government intervention. Read more
Nigerian Airways retirees petition Tinubu for pension
Retirees of the defunct Nigerian Airways have petitioned President Tinubu, requesting the settlement of their outstanding pension payments. Read more
N296m refund: Travel agents drag Qatar Airways to FG
Travel agents are seeking the Federal Government’s intervention to recover N296 million in refunds allegedly owed by Qatar Airways. Read more
Dangote faults CBN’s 26% interest rate
Aliko Dangote has criticized the Central Bank of Nigeria’s 26% interest rate, arguing that it stifles business growth and economic development. Read more
Bi-Courtney debunks ticket racketeering allegation at MMA2
Bi-Courtney Aviation Services has denied allegations of ticket racketeering at the Murtala Muhammed Airport Terminal 2 (MMA2), asserting that all transactions are transparent and regulated. Read more
FCMB to expand SME funding with $25m
First City Monument Bank (FCMB) has announced plans to expand funding for small and medium-sized enterprises (SMEs) with an additional $25 million, supporting business growth and development. Read more
Polaris Bank launches tree planting scheme in Ogun
Polaris Bank has launched a tree planting initiative in Ogun State, part of its environmental sustainability efforts to combat climate change. Read more
30% poultry farms shut down in six months – PAN
The Poultry Association of Nigeria (PAN) has reported that 30% of poultry farms have shut down in the past six months due to various challenges, impacting the agricultural sector. Read more
Estate surveyors urge government to ease land title processing
Estate surveyors are calling on state governors to simplify the land title processing system, making it easier for individuals and businesses to acquire land legally and efficiently. Read more
One dead in protest over palliative delay at Ibadan factory
A protest over delays in palliative distribution at a factory in Ibadan has turned tragic, resulting in one death, highlighting tensions and frustrations among workers. Read more
Leverkusen tells Man Utd to pay £47m for Boniface
Bayer Leverkusen has informed Manchester United that they must pay £47 million to secure the transfer of Victor Boniface, a key player for the club. Read more
Ice Prince denies Moet Abebe’s relationship claim
Nigerian rapper Ice Prince has publicly denied claims by media personality Moet Abebe that they were in a relationship, clarifying his personal life status. Read more
How I was robbed of 70,000 Euros, Birkin bags in Ibiza – Kiddwaya
Reality TV star Kiddwaya has shared his harrowing experience of being robbed in Ibiza, losing 70,000 Euros and valuable Birkin bags in the incident. Read more
Lions Club plans N250m food bank in Lagos
The Lions Club has announced plans to establish a N250 million food bank in Lagos, aiming to support the city’s vulnerable and food-insecure populations. Read more
Sanwo-Olu unveils 60 luxury housing units
Governor Sanwo-Olu has unveiled 60 new luxury housing units in Lagos, part of efforts to address the housing deficit and provide quality living spaces for residents. Read more
Sultan lacks power to appoint anyone, declares Sokoto govt
The Sokoto State Government has declared that the Sultan lacks the authority to appoint individuals to positions, reinforcing the government’s control over appointments. Read more
Abia warns traders, parks against unhygienic practices
The Abia State Government has issued warnings to traders and park operators about maintaining hygiene standards, emphasizing the importance of cleanliness in public spaces. Read more
Cholera: Anambra urges vigilance, lists measures to avert outbreak
In response to rising cholera cases, the Anambra State Government has urged residents to remain vigilant and has outlined preventive measures to avoid an outbreak. Read more
Declare July 13 Wole Soyinka Day, Alake urges govt
The Alake of Egbaland has called on the government to officially declare July 13 as Wole Soyinka Day, honoring the Nobel Laureate’s contributions to literature and society. [Read more
