News
BREAKING: Oodua groups back Tinubu on fuel subsidy removal
The Coalition of Oodua Self-Determination Groups has appealed to Nigerians to support the subsidy removal by President Bola Tinubu saying that he took the right decision.
The leader of the Yoruba groups, Mr Razak Olokoba, while speaking in a joint press conference held at the Airport Hotel, Ikeja, Lagos State on Tuesday, June 6, 2023, said Nigeria cannot continue to budget trillions of naira on fuel subsidy alone.
He said, “For this year, 2023, Nigeria budgeted N11 trillion of its oil revenue on subsidising petrol alone. This cannot continue. This is good money going down the drain, with little or nothing to show for it.
“This huge amount can be channelled into solving our several deficits, including, infrastructural, housing, education, healthcare and generally upgrading the quality of life for Nigerians. It will also help strengthen the naira.
Olokoba stressed that Nigeria’s economy depends 90 per cent on petroleum exports for its revenue and one-third of its Gross Domestic Product has been zero revenue from the sector, adding, “Tinubu said he inherited the assets and liabilities of the last regime. Nigeria currently owes massive local and foreign debts to the tune of N71 trillion.”
The group’s leader maintained that if the subsidy is not killed, it will kill Nigerians while explaining that since the year 2000 when the Nigerian government gave 20 refinery licences to private companies, adding that none was built apart from Dangote’s recently inaugurated.
Olokoba further encouraged competition in the oil sector, noting that it will bring about lower prices.
Details later…
News
24 Nigerian Universities Feature in 2026 Times Higher Education World Rankings
Nigeria has recorded a notable improvement in global higher education standings, with 24 of its universities making the prestigious 2026 Times Higher Education (THE) World University Rankings.
According to the Federal Ministry of Education, the increased representation underscores early positive outcomes from the Nigerian Education Sector Renewal Initiative (NESRI). Public universities particularly drove the country’s gains across key performance areas, including teaching, research, innovation, and governance.
The University of Ibadan and the University of Lagos continue to rank among the nation’s top performers, while Bayero University Kano has emerged as one of the country’s strongest institutions in the latest global assessment.
The ministry noted that Nigeria’s presence on the list grew from 21 universities in both 2024 and 2025 to 24 in 2026. This positions Nigeria as the most represented country in Sub-Saharan Africa on the THE World University Rankings.
The development is being viewed as a significant milestone in the country’s ongoing efforts to strengthen its tertiary education system and enhance its competitiveness on the global stage.
News
Sanwo-Olu Orders Demolition of Distressed Alakija Buildings, Owner to Face Trial
The Lagos State Government has announced the immediate demolition of all buildings marked as distressed in the vicinity of the collapsed three-storey building at Alakija, Governor Babajide Sanwo-Olu has directed.
The Governor’s position was made known on Friday during an on-site assessment of the tragic incident. Commissioner for Information and Strategy, Mr. Gbenga Omotoso, who represented Governor Sanwo-Olu at the scene, expressed deep sympathy to the families of the victims and commended emergency responders for their swift and professional intervention.
According to the Commissioner, 27 people were rescued alive from the rubble while nine persons lost their lives. The search and rescue operation continued throughout the night, involving multiple agencies including the Lagos State Emergency Management Agency (LASEMA), Lagos State Fire and Rescue Service, Lagos State Building Control Agency (LASBCA), the Police, and other security and emergency units.
“Governor Sanwo-Olu is deeply saddened by this incident and has sent his heartfelt condolences to the affected families,” Omotoso said.
He added that the collapsed building had earlier been marked as structurally distressed, with occupants directed to vacate the premises, but the directive was allegedly ignored.
“All other buildings already marked as unsafe within the area will be demolished to prevent similar tragedies and safeguard the lives of residents,” the Commissioner stated.
Omotoso further disclosed that the owner of the collapsed building will be prosecuted, while anyone found to have violated building regulations or frustrated enforcement efforts will face appropriate legal action.
The Commissioner strongly condemned the construction of buildings under high-tension electricity lines, describing the practice as “dangerous” and “suicidal.”
“You cannot build under high-tension power lines. It is dangerous and unacceptable in any civilized society. It shows disregard for the law, and the government will not tolerate that,” he said.
The cause of the collapse is still under investigation, while survivors are receiving treatment in various hospitals. The government urged residents living in buildings around the scene to relocate immediately for their safety.
LASEMA Permanent Secretary, Dr. Olufemi Oke-Osanyintolu, and Special Duties Commissioner, Gbenga Oyerinde, who were also at the scene, joined in commending all first responders and security personnel for their tireless efforts in evacuating survivors.
The state government reiterated that the protection of lives remains its topmost priority and called on residents to always comply with safety directives and building regulations.
News
Federal High Court Nullifies Earlier Ruling Ordering INEC To Register NDC
The court further observed that material facts were suppressed during the proceedings that led to the December 2025 judgment, making it necessary to set aside the earlier ruling.
A Federal High Court sitting in Lokoja has set aside its earlier judgment delivered on December 10, 2025, which directed the Independent National Electoral Commission (INEC) to register the Nigeria Democratic Congress (NDC) as a political party.
Delivering the ruling, Justice Isah Dashen held that all parties with a direct interest in the matter must be given a fair hearing before any substantive decision is reached, in line with the principles of natural justice.
The judge ruled that the application filed by the Peace Movement Party (PMP), an interested party in the suit, had merit, noting that the party successfully established its legal interest in the case.
Justice Dashen held that the earlier proceedings were constitutionally defective because the interested party was not heard.
He declared the previous judgment a nullity and ordered that the status quo be restored pending the hearing of the substantive suit.
The court further observed that material facts were suppressed during the proceedings that led to the December 2025 judgment, making it necessary to set aside the earlier ruling.
Justice Dashen consequently ordered that the substantive suit commence afresh, with INEC, the Peace Movement Party (PMP), and the Nigeria Democratic Congress (NDC) joined as parties in the case.
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