News
Prof Akinyemi Cautions FG “Be Careful With Chinese Deals”
▪︎President Bola Tinubu greets his Chinese counterpart, Xi Jinping, in Beijing, China on September 3, 2024.
Professor of Political Science, Bolaji Akinyemi, has cautioned President Bola Tinubu’s administration to be careful with Chinese deals.Prof Akinyemi, also a former Director General of the Nigerian Institute of International Affairs (NIIA), was a guest on Channels Television’s Sunday Politics programme. “Of course, we should be careful but don’t isolate the debt to China.
There are also debts we owe the United States, there are also debts we owe even some of the medium-power countries,” he said. “What we need to do is to be careful about two things: one, we shouldn’t default on that debt.
A month before this African-Chinese Summit, Nigerian Sovereign Goods were being impounded all around the world at the instigation of a Chinese company.
“So, China is not going to serve us anything on global butter; we have to be careful that we fulfil our part of the bargain, not only to China but with all the other countries that we may be doing deals, it will impede on our status, our pride, our sovereign goods to be seized because we are defaulting from fulfilling our part of the agreements.”
News
Explosion rocks Apapa tank farm; NPA, NIMASA move to curtail spread
Following the outbreak the fire service departments of both the Nigerian Ports Authority (NPA) and the Nigerian Maritime Administration and Safety Agency (NIMASA) moved in to curtail the spread of the inferno.
Panic erupted at the Lagos tank farm cluster at Ibafon, Apapa, on Friday morning after a fire broke out at the Bono Tank Farm, located within the Best Energy Tank Farm complex.
The inferno sent residents and workers in the area fleeing for safety as emergency responders moved in to contain the blaze.
Following the outbreak the fire service departments of both the Nigerian Ports Authority (NPA) and the Nigerian Maritime Administration and Safety Agency (NIMASA) moved in to curtail the spread of the inferno.
Efforts to obtain comments from the management of Bono Tank Farm and Best Energy Tank Farm were unsuccessful, as phone calls and text messages sent to their representatives were neither answered nor acknowledged.
News
FG slams 8-count charges on Adeyemi over fake agency ” I’m not a criminal”, he defends
It was learned that the alleged ‘‘fake’’ Presidential Economic Advisory Council/Presidential Foreign Intervention Promotion Council was allocated N1.302 billion in the 2026 Budget of the Federal Government.
Photo: Gbajabiamila, and Adeyemi
The Federal Government has filed an 8-count charges against Adeniyi Adeyemi, convener of a purported Presidential Foreign Intervention Promotion Council, PFIPC, over the controversy trailing the agency.
Adeyemi, however, fought back claiming that he was given an appointment letter.
Adeyemi, during an appearance on Channels Television claimed that the Chief of Staff to the President, Mr. Femi Gbajabiamila gave him an appointment letter, insisting that he is not a criminal.
However, it was learned that the alleged ‘‘fake’’ Presidential Economic Advisory Council/Presidential Foreign Intervention Promotion Council was allocated N1.302 billion in the 2026 Budget of the Federal Government.
In a statement on Wednesday, Bayo Onanuga, presidential spokesperson, said the charges were filed by the Police on November 27, 2025, against Adeyemi and two accomplices at the Federal High Court in Abuja.
Onanuga said Adeyemi is expected to appear in court on July 27, 2026.
News
NDC calls for Gbajabiamila sack over fake agency scandal
The NDC has referenced Adeyemi’s allegations that he paid N600 million to secure his appointment, with N400 million allegedly paid through intermediaries linked to the Chief of Staff while an outstanding balance of N200 million reportedly contributed to the current dispute over the agency’s status.
The Nigeria Democratic Congress (NDC) has called for the immediate removal of the Chief of Staff to President Bola Tinubu, Femi Gbajabiamila, over allegations linking him to the purported Presidential Foreign Intervention Promotion Council (PFIPC) agency involving one Prince Mathew Adeniyi Adeyemi, who claims to be the Director-General of the agency .
In a statement signed on Friday by NDC National Publicity Secretary, Osa Director, the party urged President Tinubu to suspend the Chief of Staff to allow for what it described as a transparent and unbiased investigation into the allegations.
The NDC’s demand is sequel to claims made by Adeyemi, who identified himself as the Director-General of the alleged PFIPC, an agency the Presidency has maintained does not exist.
According to the party, the allegations raise serious concerns over transparency and accountability within the current administration. It questioned how the purported agency allegedly secured budgetary allocations in the 2026 Appropriation Act and reportedly operated domiciliary, Pounds Sterling and Treasury Single Account (TSA) accounts with the Central Bank of Nigeria despite being disowned by the Presidency.
The party also queried claims that the Office of the Head of the Civil Service of the Federation allegedly approved 314 staff positions for the agency, asking how such approvals could have been granted if the organisation was not officially recognised.
The NDC has referenced Adeyemi’s allegations that he paid N600 million to secure his appointment, with N400 million allegedly paid through intermediaries linked to the Chief of Staff while an outstanding balance of N200 million reportedly contributed to the current dispute over the agency’s status.
-
News3 days agoNigeria’s data centers worth $2bn
-
Business3 days agoBOI names Kuramo Capital Fund Manager for $170.6m iDICE
-
Sports2 days agoTwo Dead In World Cup Celebrations In Mexico City
-
News3 days agoTinubu to Send Off Team Nigeria to 2026 Commonwealth Games Thursday
-
Business3 days agoDisCos earn N801bn in four months despite persistent blackouts
-
International3 days agoSouth Africa Anti-Immigration Peaceful Protests To Continue Weekly Till Demands Are Met
-
Sports2 days agoNigerian Emenalo steps down as Saudi Pro League football chief
-
News3 days agoBenue to establish 13 digital learning centres
