News
Continue and Sustain my Administration’s Tempo, Buhari Urges Tinubu
Nigeria’s President-elect, Bola Tinubu has been asked to continue and sustain President Muhammadu Buhari’s administration as he expressed confidence in the incoming President to sustain the tempo of his regime.
While speaking at the Presidential Fleet Review, 2023, at the Naval Dockyard Limited, Victoria Island, Lagos, Buhari said the incoming administration would continue to maintain the relationship he had with the Nigerian Navy by providing necessary support as and when due.
Buhari’s statement reads: “I have no doubt that the incoming administration of President-elect, Bola Ahmed Tinubu, will sustain the current tempo of my administration in giving the Navy necessary support to effectively carry out its assigned tasks”.
Buhari also showered praise on the impressive combat displays by the Nigerian Navy Special Boat Service, alongside a combination of assets from the Nigerian Navy and the Nigerian Air Force.
He said: “I expect this to translate into the actual capability to dominate Nigeria’s maritime environment and secure the vast resources therein for the socio-economic development of our great country.”
On the administration’s efforts in recapitalizing the Navy Fleet in the last seven years, the President listed the acquisition of 20 capital ships for the Navy, comprising offshore patrol vessels, landing ship transports, hydrographic survey vessels, seaward defence boats, helicopters, as well as over 300 inshore patrol vessels and assault craft.
However, Buhari expressed hope that under Tinubu’s leadership, the Navy would continue to acquire new assets, expand shipbuilding for export purposes, promote indigenous production, intensify the fight against piracy, and address issues pertaining to crude oil theft in Nigeria’s maritime domain.
Rounding off, the President wished the Navy well as he leaves office on May 29, 2023.
He said: “My best wishes to our Navy for protecting our maritime domain and the economic prosperity of Nigeria. As I leave office on May 29, I wish you all fair winds. Onward together and God bless the Federal Republic of Nigeria.”
Justice Emeka Nwite of the Federal High Court in Abuja has hinted that there are attempts by lawyers and litigants to influence the money laundering trial of former Attorney General Abubakar Malami scheduled to begin on 17 February.
The judge stated this after granting Malami, his son Abdulaziz, and wife Bashir Asabe, bail in the sum of N500million each.
In a stern warning shortly after delivering the ruling granting Malami and others bail, Justice Nwite said he would not take lightly any lawyer or litigant intent on ‘approaching’ him to influence the case.
He advised parties, to instead, engage the services of quality lawyers to help with their case. He threatens serious consequences for anyone who flouts his directive.
On the terms of bail for Malami and his co-defendants, the trial judge ordered that they present two sureties each who must be owners of properties, with proof, in either Maitama, Gwarimpa or Asokoro.
The defendants are also ordered to deposit their passports with the court registry, adding that travel out of the country must be by the express permission of the court.
Malami and his co-defendants will, meanwhile, remain in prison until they perfect the terms of bail. The trial is scheduled to begin on 17 February.
International
Trump Announces Venezuela to Turn Over Up to 50 Million Barrels of Oil to United States
U.S. President Donald Trump announced on Tuesday that interim authorities in Venezuela will turn over between 30 and 50 million barrels of high-quality sanctioned oil to the United States, following the recent U.S. military operation that removed Venezuelan leader Nicolás Maduro from power.
In a post on Truth Social, Trump stated: “I am pleased to announce that the Interim Authorities in Venezuela will be turning over between 30 and 50 Million Barrels of High Quality, Sanctioned Oil, to the United States of America.
This Oil will be sold at its Market Price, and that money will be controlled by me, as President of the United States of America, to ensure it is used to benefit the people of Venezuela and the United States!
“The president added that he has directed Energy Secretary Chris Wright to execute the plan immediately, with the oil to be transported via storage ships directly to U.S. unloading docks.
The announcement comes amid ongoing developments in Venezuela, where the oil—previously held in storage due to U.S. sanctions—is estimated to be worth up to $2.8 billion at current market prices around $56 per barrel.
Analysts note that this volume represents a modest addition to global supply but could divert exports previously destined for China.U.S. crude futures dipped slightly following the news, closing lower by about 1.3%. Major U.S. oil companies, including Chevron, ExxonMobil, and ConocoPhillips, are reportedly monitoring the situation, with meetings planned between industry representatives and the administration to discuss future investments in Venezuela’s vast oil reserves.
The deal marks a significant step in Trump’s stated goal of revitalizing Venezuela’s oil sector, which holds the world’s largest proven reserves but has seen production decline sharply in recent years due to sanctions, underinvestment, and mismanagement.
The Nigerian Meteorological Agency (NiMet) has predicted a mix of hazy and sunny conditions across most parts of the country from Wednesday, January 8, to Friday, January 10, 2026.
In its weather outlook released on Tuesday in Abuja, NiMet stated that the northern region will experience sunny and hazy skies throughout the three-day period. By Friday, morning haze is expected to give way to dust haze in the afternoon and evening hours over parts of the North.
The central region is forecasted to remain predominantly hazy with sunny intervals during the period.
For the southern region, cloudy skies with intervals of sunshine are anticipated, along with chances of isolated thunderstorms. On Wednesday, thunderstorms may occur later in the day over parts of Ondo, Ogun, Imo, Delta, Cross River, Akwa Ibom, Rivers, and Bayelsa states. Similar isolated thunderstorms with light rains are possible over coastal and inland southern states on subsequent days, including Anambra, Imo, Abia, Edo, Bayelsa, Rivers, Akwa Ibom, and Cross River.
NiMet warned that dust particles are currently in suspension, particularly in the northern areas, advising individuals with asthma and other respiratory issues to take necessary precautions.
The agency also urged motorists to drive cautiously during any rainfall and recommended that airline operators obtain updated airport-specific weather reports from NiMet for safe flight planning.
Residents are encouraged to stay informed by visiting NiMet’s official website at www.nimet.gov.ng for regular updates.
BREAKING: Court Grants Bail to Ex-AGF Malami and Family in Money Laundering Case
Trump Announces Venezuela to Turn Over Up to 50 Million Barrels of Oil to United States
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