Author: ACNN NEWS

The Federal Government plans to establish a National Commodity Board to solve the escalating food inflation in the country. Vice President Kashim Shettima made this known on Tuesday at a two-day, high-level strategic meeting on climate change, food systems and resource mobilization held in Abuja. Shettima explained that the board would be given the mandate to assess and regulate food prices, as well as maintain a strategic food reserve for stabilizing prices of crucial grains and other food items He said the event was an attestation of the government’s efforts at mitigating the effects of climate change and ensuring food…

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Former Secretary of the Government of the Federation, Boss Mustapha, said on Tuesday that $6.2m was released from the Central Bank of Nigeria in February 2023 using a forged document. Mustapha stated this when he appeared as the fourth prosecution witness in the ongoing fraud trial of the immediate-past CBN Governor, Godwin Emefiele, before the Federal Capital Territory High Court in Maitama, Abuja. The Economic and Financial Crimes Commission had alleged that on February 8, 2023, Emefiele connived with one Odoh Ocheme, who is now on the run, to obtain $6.2m from the CBN, claiming that it was requested by…

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President Bola Tinubu has conferred the national honor of Member of the Order of the Niger (MON) on every member of the Super Eagles that participated at the just concluded African Cup of Nations. President Bola Tinubu is presently hosting Nigeria’s national football team, the Super Eagles, at the Council Chambers of the State House. This meeting on Tuesday follows closely on the heels of their recent match against the host nation, Côte d’Ivoire, in the 2024 Africa Cup of Nations finals, where they fell short in their bid to win the trophy. Further recognising their achievement, the federal government,…

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Following Nigeria’s loss to Ivory Coast in the 2023 Africa Cup of Nations (AFCON) final, Super Eagles midfielder Alex Iwobi has removed all photos and videos from his Instagram page. The Nation reported that Nigeria was defeated 2-1 by the host country on Sunday, putting an end to the team’s hopes of clinching a fourth continental crown. Shortly after the match, Iwobi faced harsh criticism from fans and football enthusiasts who believed he did not perform to his best ability, thereby impeding Nigeria’s chances of winning. Iwobi, therefore, deleted photos from his Instagram handle for fear of cyber abuse. The…

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In a show of solidarity with his colleague, Ahmed Musa has taken to social media to express support for Alex Iwobi amidst the barrage of hateful comments directed at him. Musa emphasized the need for Nigerians to demonstrate better behavior and urged an end to cyberbully directed towards Iwobi, highlighting his dedication to the field. He also revealed the hypocrisy of some Nigerians proclaiming football as a unifying force while participating in behavior that fosters division. He emphasized that while losing a game is challenging, targeting a single player for the entire team’s shortcomings is unfair and unjust. He wrote on…

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Coach of the Super Eagles, Jose Peseiro, has expressed sadness over the team’s inability to clinch victory at the CAF’s African Cup of Nations (AFCON) held in Abidjan, Cote d’Ivoire, on Sunday, February 11. Peseiro expressed his disappointment during a press briefing on Tuesday, February 13, at the State House, Abuja, where he and other members of the national team were honoured by President Bola Tinubu for their performance at the AFCON tournament. While expressing his sadness, Peseiro also expressed gratitude for the invitation to the State House and the recognition and gifts bestowed upon them by President Tinubu. Despite the outcome,…

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The Senator representing Edo North, Adams Oshiomhole, has said that Nigerians are currently suffering from what he described as “reckless policies” of former President Muhammadu Buhari. He recalled that he protested some of the policies that he said were designed to dehumanise the population that was already in pain. He stated these while speaking on Channels Television on Sunday. Oshiomhole said the current hardship being witnessed under the current administration were the long-term consequences of those policies of Buhari’s administration. He said, “My first loyalty is to Nigeria. At some point, before the last President left office, I lamented loudly…

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The President of the Nigeria Labour Congress, Joe Ajaero, has stated that if the ongoing inflation continues unabated, organised labour might push for a new minimum wage of up to N1 Million for Nigerian workers. Ajaero said the demand from organised labour would be influenced by the cost of living which has been increasing since President Bola Tinubu assumed office, notably due to the removal of fuel subsidy and other policies. The NLC president said this during an interview with Arise News, on Sunday evening. He said, “This N1 million may be relevant if the value of the Nigerian (naira)…

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The Church of Nigeria, Anglican Communion has asked the present administration to give proper attention to fiscal policies and have a rethink on its penchant external borrowing as the country’s economy is currently at its lower ebb since independence in 1960. The Church stated this in a Communique it issued at the end of the Standing Committee Meeting held Monday from 5th to Friday 9th February at the Cathedral Church of Ascension, Boji-Boji Owa, Diocese of Delta State. The Communique which was signed and read to journalists by the Archbishop, Metropolitan and the Primate of the Church of Nigeria, Most Reverend…

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Following the pronouncement by the Chairman of the Economic and Financial Crimes Commission (EFCC), Mr Ola Olukoyede where he indicted an unnamed religious sect for financing terrorism, the Archbishop Metropolitan and the Primate of Church of Nigeria, Anglican Communion, Most Reverend Henry Ndukuba has charged the federal government and the anti-graft agency, to identify such religious sect and make them face the law. While fielding questions from journalists after presenting the communique issued at the end of the Standing Committee Meeting of the Church, held in Delta State, Primate Ndukuba said that there should not be sacred cows as the EFCC prosecute…

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