President Bola Tinubu has requested the approval of the National Assembly for the issuance of federal government Bonds in the domestic debt market by the Debt Management Office (DMO) to settle outstanding Pension Liabilities under the Contributory Pension Scheme (CPS) as at December 2023 in the sum of N757,983,246,571. The President made the demand in a letter dated May 22, 2025, which was addressed to the Speaker of the House of Representatives and read at the plenary on Tuesday. According to him, I write to request for the kind approval of the National Assembly for the issuance of Federal…
Author: Hints News
President Bola Tinubu has requested the approval of the National Assembly for the 2025-2026 external borrowing plan to the tune of $21.5 billion and €2.1 billion. The President letter dated May 22,2025 and addressed to the Speaker of the House of Representatives was read at the plenary on Tues. Tinubu said the external borrowing plan would enable the government to fulfill its obligations to the Nigerian people through timely disbursement and effective project implementation. Tinubu added: “I write in reference to the above subject and to submit the attached Federal Government 2025-2026 External Borrowing Rolling Plan for consideration and…
Scores of terrorists were killed in the early hours of Tuesday in a grueling battle between Boko Haram elements and the troops of Operation Hadin Kai (OPHK) and the Air Component operating under Joint Task Force repelled a coordinated attack by Boko Haram/Islamic State West Africa Province (ISWAP) terrorists on New Marte, Borno State. Acting Deputy Director Army Public Relations, Headquarters Theatre Command Operation Hadin Kai, Capt. Reuben Kovangiya in a statement issued Tuesday said the battle which commenced at 1:35a.m claimed lives of two soldiers. He said: “In a well-coordinated operation by ground forces bolstered by the Air Component…
Budgit has accused the National Assembly of turning agencies of government into project warehouses for insertions. Budgit in a post on its verified X account on Tuesday noted that a total of 1,142 projects worth N320 billion were inserted into the Federal Co-Operative College, Oji River’s 2025 budget. Also, it added that the legislative arm also inserted an extra 856 projects worth N406 billion into the Nigerian Building and Road Research Institute budget. Budgit lamented that most of the agencies lack the capacity to execute those projects, thus leaving poorly executed projects across the country. Some of the agencies,…
The Nigerian Army has confirmed that a suicide bomber was killed and another person severely injured on Monday in Abuja. According to a statement issued Monday, t said the incident happened at about 15:30 hours, along Sunrise Water Park opposite Mogadishu cantonment popularly known as Abacha Barack’s Guzape Bye-Pass express way, Abuja. It reads: “On 26th May, 2025, about 1530 hours, along Sunrise Water Park opposite Mogadishu cantonment popularly known as Abacha Barack’s Guzape Bye-Pass express way, Abuja Municipal Area Council (AMAC), Federal Capital Territory (FCT) an explosion involving a suicide bomber (FNU) who posed as a road side…
Nigeria and Venezuela have reaffirmed their commitment to deepening economic and diplomatic cooperation as they both reached agreement to launch a direct Abuja- Caracas flights to mark 60 years of diplomatic ties. The two oil producing nations pledged to expand collaboration beyond the energy sector as part of efforts to further solidify their historic partnership. The Venezuelan Ambassador to Nigeria, Alberto Padilla, underscored the strong historical and economic ties between both countries during a visit to Nigeria’s Minister of Aviation and Aerospace Development, Festus Keyamo on Monday in Abuja. He commended President Bola Ahmed Tinubu for the notable progress…
The Federal Capital Territory (FCT) police command has commenced the forensic analysis to ascertain the exact cause and nature of the explosion in Abuja. Police Public Relations Officer, FCT Police Command, SP Josephine Adeh, in a statement confirmed that on May 26th, 2025 at approximately 2:50p.m, the Command received a distress report regarding an explosion along Mararaba-Nyanya bypass. She noted: “Upon receipt of the report, officers of the Explosive Ordnance Disposal (EOD) Unit were immediately deployed to the scene. “The affected area was swiftly cordoned off for clearance and analysis to ensure the safety of commuters and residents. “One…
First was the inner struggle on whether or not to undertake this intervention. How to do this as honestly as possible without being seen as making a case for the current “owner of Nigeria” was a concern – a huge one – given one’s long-standing ideology and principles. But then, what has to be done has to be done. Immediately, the struggle was defeated with clear conviction and purpose, based on the Omoluabi ideology that is being confused for “cultural treason” in the current struggle for power, two related Yoruba proverbs came to mind. They are very suiting. The…
The Federal Capital Territory Administration, (FCTA) has sealed the national secretariat of the Peoples Democratic Party (PDP). TheHintsNews reports that the FCTA last Friday announced that it would take possession of PDP and other property affected by the revocation of 4,793 land titles over non-payment of Ground Rent, for between 10 and 43 years. However, the FCTA on Monday carried out its threat to seal the Wadata Plaza, the Secretariat of the embattled opposition party. The sealing of the Secretariat followed the inability of PDP to pay requisite fees regarding ground rents for over 25 years. TheHintsNews reports that…
Ahead of the 2027 general election, northern political leaders have called for the immediate unveiling of a political platform that will protect northern interests. TheHintsNews reports that the northern political elite under the aegis of National Political Consultative Group (North) also said that going forward, the North must premise its support for candidates at elections on enforceable agreement for the purpose of ensuring and protecting the informed interests of the region, irrespective of where the candidates come from. The political movement made the demand in a communique issued Monday by its The Chairman of NPCG (north) and former Secretary…