Author: Nationalmonitor

The Economic Situation Room, a coalition of 48 civil society groups in Nigeria, has warned that the Federal Government’s failure to release funds for completed contracts under the 2024 capital budget is having a devastating impact on businesses and the economy.According to the group, the government’s inaction is crippling businesses, perpetuating hardship among Nigerians and bringing economic activity to a grinding halt.In a statement signed by its national coordinator, Dr. Abraham Attah, the group lamented that many businesses are on the brink of collapse due to the government’s inability to fulfil its contractual obligations.Attah noted that the situation is exacerbated…

By John Olujimi President Donald Trump was sworn in for his historic second term administration on Monday, 20th of January, 2025 amidst loud cheers, and congratulatory messages from countries that are already allies with the pragmatic politicians and those that wish to partner with his new administration.President Trump’s inauguration remained the talk of the town for some reasons- it will be described as one of the most dramatic moments in America’s history as he made some significant declarations, He signed and reversed executive orders, withdrew America’s support from some world recognized organizations, issued threats to some nations, to mention but…

The Ogun State Commissioner for Education, Science, and Technology, Prof. Abayomi Arigbabu, has said that the ongoing rehabilitation of technical colleges across the state is meant to attract more students to technical education.He stated that the move would also enable them to compete favorably with their counterparts across the country and contribute significantly to closing the skills gap nationwide.Prof. Arigbabu made this statement during the inspection of the ongoing rehabilitation of Government Technical Colleges at Idiaba and Isabo, Abeokuta, respectively.Expressing satisfaction with the level and quality of work done so far, the Commissioner noted that the rehabilitation of the structures…

The Nigeria police, Wednesday indicted Sterling Bank over alleged money laundering, fraudulent deductions and other financial crimes by its staff members.This was contained in a report presented to the House of Representative Committee on Public Petition during the hearing of a petition by Miden Systems Ltd against Sterling Bank, Central Bank of Nigeria (CBN) and Shell Petroleum in Abuja.Miden system Ltd had petitioned the Committee on alleged mismanagement, fraudulent debit, and misappropriation of funds from its account domiciled with Sterling bank.Presenting the report before the committee, the representative of the Inspector General of Police, Kabiru Yahaya and Sunny Amison, both…

Joyful winners in the ongoing Glo Festival of Joy promo received their prizes at a special presentation ceremony held by Globacom at its Aminu Kano Crescent office, Abuja, on Wednesday.A brand-new Toyota Prado, a brand-new Kia Picanto, a Keke Napep, and numerous other prizes such as sewing machines, grinding machines, and power generating sets were taken home by the lucky and loyal Glo subscribers.Sarah Ilya Madu, a federal civil servant in Abuja, received the keys to her brand-new Prado SUV from the special guests, Senator Simon Lalong and Senator Yemi Adaramodu, Chairman of the Senate Committee on Youth Development, who…

In a high-profile legal battle, Mr. Yisa Usman, the former Deputy Director of the Joint Admissions and Matriculation Board (JAMB), has vowed to continue his fight against alleged corruption within the board despite facing threats and intimidation. Usman, who is suing JAMB over what he claims was an unlawful dismissal, made these statements during cross-examination at the National Industrial Court in Abuja.Usman, the sole witness in his case, revealed that he had written multiple petitions to government agencies accusing JAMB of corruption, particularly concerning financial infractions under the leadership of current JAMB Registrar, Prof. Ishaq Oloyede. He admitted to receiving…

The former French Minister of Transport, Mr. Djebbari Jean-Baptiste, has hinted at the desire of investors from his country to invest in the transport sector of Ogun State, especially the agro-cargo airport. Other areas of interest for the investors, according to Mr. Jean-Baptiste, are the Dry Port, the Olokola Sea Port, and the railway system. Fielding questions from newsmen after a closed-door meeting with the governor, Prince Dapo Abiodun, in his office at Oke-Mosan, Abeokuta, Mr. Jean-Baptiste said he was impressed with the level of infrastructural facilities at the airport, hence the need to draw the attention of French investors…

The Oyo State Government has partnered with telecommunications giant, Globacom, to revolutionize traffic management in the state. This collaboration marks a significant milestone in the state’s efforts to develop innovative solutions for traffic management. According to Chief Ebenezer Ogunwuyi, Chief of Staff to Governor Seyi Makinde whom he represented at the event, the partnership will usher in a new era of digitized traffic management in Oyo State. “As our cities grow and our economy expands, we need innovative solutions to ensure road safety, efficient traffic flow, and seamless urban mobility,” he emphasized. The Chairman of Oyo State Road Traffic Management…

In a world where compassion is increasingly vital, TM Foundation stands out as a beacon of hope and empowerment. Established in 2019 by the visionary Olatunde Mukaila Lawal, this South Africa-based organization is dedicated to uplifting the elderly, less privileged kids, and the vulnerable, fostering stronger communities through a mission rooted in dignity, love, and care.Making an Impact Since 2019TM Foundation began with a simple yet powerful goal: to create meaningful change for those often overlooked. Since its inception, the foundation has provided vital resources and emotional support to kids, seniors and young individuals, bridging the gap between generations and…

Depositors fund at Moniepoint Microfinance Bank (MMB) is currently under threat as suspected fraudsters removed N1.1billion Customers’ fund from their accounts.It was garthed that the bank had in April 2024 argued that it has strengthened its system, fraudsters and hackers stole Customers’ money in May, 2024, thereby, casting suspicion on the security and Safety of depositors’ fund with the bank.However, it was gathered that the bank is currently battling so hard to recover the huge billion allegedly stolen by the fraudsters from the bank.It was gathered that the hacker, Sunday Ozimede, was said to have invaded the vault of Moniepoint…