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
BREAKING: Tinubu to meet Obasa, Lagos Assembly members in Abuja

President Bola Tinubu is scheduled to meet with the Lagos State House of Assembly, at the Presidential Villa, Abuja.
Already, the Speaker, Mudashiru Obasa, arrived at about 2:50 pm, while his colleagues had earlier arrived in two coaster buses.
The meeting may not be unconnected with the recent leadership crisis in the State House of Assembly.
The Speaker, Rt. Hon. Obasa was impeached by some of his colleagues but he was later reinstated after the intervention of the political leaders especially the Governing Advisory Council, GAC.
Despite the Speaker’s reinstatement, it was gathered that the bad blood as a result of his impeachment is yet to be over.
Details later…
International
UK, Nigeria launch creative industries technical Working Group

The UK and Nigeria have officially launched the Creative Industries Technical Working Group, marking a pivotal development in the UK-Nigeria Enhanced Trade and Investment Partnership (ETIP).
This partnership aims to deepen bilateral ties and create a robust framework for growth within the creative sectors of both nations.
A statement by the UK High Commission in Lagos said the launch of this working group and a match-making event for UK-Nigeria creative industries leaders today in London represents a milestone in the UK-Nigeria relationship, designed to boost innovation, cross-border creative collaborations, and sustainable economic growth and development.
It said both events provided a dynamic platform to explore new opportunities and form commercial alliances within key creative subsectors such as Film and TV, Music, Fashion & Design, Architecture, Advertising, and Gaming.
The initiative is poised to foster long-term growth, enhance job creation, and unlock new pathways for creativity and innovation in both countries by prioritising collaboration and cultural exchange.
Speaking on the significance of the launch, Florence Eshalomi MP, the UK’s Trade Envoy to Nigeria and Co-Chair of the UK-NG Creatives Technical Working Group, said: “Today marks a significant moment as we launch the UK-Nigeria Creatives Working Group.
Our nations share a rich cultural bond and a deep belief in the transformative power of creativity, through music, film, fashion, and the arts.
“This initiative, rooted in our landmark Enhanced Trade & Investment Partnerships (ETIP), will drive stronger trade ties, foster deeper collaboration, and unlock the full potential of our creative industries.
“By enhancing market access and investing in skills, we are opening doors to new opportunities that will create jobs and boost economic growth in the UK and Nigeria.”
Emphasising the need for deeper creative and cultural ties, Mr Obi Asika, Director General of the National Council for Arts and Culture and Co-Chair of the UK-NG Creatives Technical Working Group in Nigeria, said: “Nigeria’s creative economy is a global force, driven by our storytellers, musicians, designers, and digital innovators.
From Nollywood to Afrobeats, fashion to gaming, our industries are reshaping global culture and commerce.
“However, to unlock the full potential of this sector, we need strategic investment and support not just in talent, but in the institutions and infrastructure that will sustain long-term growth.”
Representing Mr., Obi Asika from the Nigerian side, Prince Baba Agba, Special Assistant to the President of Nigeria on Creativity, underscored the importance of leveraging UK expertise for impactful collaborations, adding:
“The UK’s creative industries stand as a global benchmark for institutional excellence, market distribution, and innovation.
We are eager to tap into your expertise for meaningful partnerships.
“This Working Group isn’t just about discussions – it’s about taking concrete actions that will yield tangible outcomes for creators, businesses, and industry stakeholders on both sides.”
News
BREAKING: Fubara denied access to present budget, locked out of Rivers Assembly complex (Video)

Rivers State Governor, Siminalayi Fubara was on Wednesday denied access to the Rivers State House of Assembly quarters, where lawmakers currently hold plenary sessions.
ohibaba.com gathered that the governor arrived at the Assembly quarters on Wednesday morning to present the state 2025 budget but was met with a locked gate, preventing his entry.
Fubara had earlier pledged to implement the Supreme Court judgment, which includes the formal presentation of the 2024 budget.
The budget was initially presented to a four-member Assembly faction in December 2023.

Last week, the Assembly issued a 48-hour ultimatum for the governor to present the 2025 budget.
In response, Fubara stated that he was awaiting the Certified True Copy, CTC, of the court judgment before proceeding.
On Sunday, in a letter signed by the Secretary to the State Government, Tammy Danagogo, and addressed to Speaker Martins Amaewhule, Fubara invited lawmakers for discussions on the Supreme Court ruling.
The discussions were expected to cover issues such as the budget presentation and the payment of outstanding salaries to the legislators, amongst other issues to chart a way forward for the state.
Watch video below:
Video source: ChannelsTV
-
Business3 days ago
MAN Raises Concerns About Astronomical Charges Imposed By Financial Reporting Council on Private Companies
-
News2 days ago
JUST IN: FG extends civil service recruitment deadline to March 17
-
News2 days ago
Natasha’s beauty a problem to her, says ex-works minister, Ogunlewe
-
News2 days ago
JUST IN: Fire guts building at Geometric Power premises, Aba Power Plant
-
News2 days ago
JUST IN: Kogi Gov’t Mourns As Ex-Deputy Gov Adaba Dies at 79
-
News2 days ago
JUST IN: El-Rufai resigns from APC, joins SDP
-
News3 days ago
SGF Akume, Where’re our Appointments Letters, Please?
-
Health2 days ago
BREAKING: Lassa fever: UK visitor tests positive as death toll hits 98 in 2 months