News
JUST IN: FG opposes N/Assembly’s proposals for 200 new varsities
The federal government has expressed opposition to the proposals by the National Assembly for creation of nearly 200 new universities in the country.
It said with almost 200 bills in the National Assembly for establishment of new universities, there is a growing concern that the system is becoming overwhelmed.
The Minister of Education, Tunji Alausa, stated this in Abuja yesterday during the third edition of the 2025 Ministerial Press Briefing.
The country currently has 278 universities, 64 of which are federal; 67, state; and 147, private.
The government had, last month, announced a one-year moratorium on the establishment of new private universities “to enhance the quality and sustainability of private universities, ensuring that only institutions with the necessary financial and academic capacity are granted licenses.”
The minister yesterday emphasised that strengthening the capacities of the existing universities is more important than establishing new ones.
He said: “They (lawmakers) are passing a lot of bills. Today, I can tell you that there are almost 200 bills in the National Assembly. We can’t continue like this.
Even though we have a lot of them, the capacity for a university to admit is not there. What we need to do now is to rebuild the capacities so that we can offer more viable courses to our citizens.
“We need to stop this (the 200 bills for new universities) from happening. There is so much pressure on the president. We have to, at least, be sensitive to it as well.
“I understand the sentiment of our legislators. They want to show that they are working. We know they are working. But then, we have enough assets, we have enough opportunities out there for students to go to universities.
“What we now need to do is to begin to mobilise more resources to develop infrastructures, build engineering workshops, build laboratories in these universities, recruit international standard teachers, so that we can begin to get these universities to develop, to deliver high quality of education that will be known for as a country.
“Today, if you care to know, we have 64 federal universities, 67 state universities and 147 private universities.
If you look at the entire enrolment together, the private universities account for just 7.5% of total undergraduate enrolment.
I will tell you the meaning of the number. The total number of undergraduate enrolments today is just about 875,000, which is, at least, fairly low.
“We have universities with less than 1,000 undergraduate students, and there is this intense demand for more universities to be opened. We have to stop that.”
however, it is not only the legislators that are obsessed with pushing for the establishing of universities as constituency project or for status symbol.
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.
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