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News Summary of January 3, 2024 in Nigeria

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News Summary of January 3, 2024 in Nigeria
Latest news summary in Nigeria

Rivers State Governorship candidate of the Social Democratic Party (SDP), Tonye Dele Cole Abe, has dumped the party, according to sources. He cited disputes with Governor Nyesom Wike and businessman Tonye Fubara as the reason for his decision. Abe stated that the party lacks the necessary structures to win elections.

Flour Mills of Nigeria has notified the Nigerian Stock Exchange of its decision to enter a closed period for the third quarter of 2023. The closed period will begin on January 2, 2024, and end on January 29, 2024.

Nigeria's Terms of Trade (ToT) has recorded its fourth consecutive quarterly decline, according to a report. Nigeria's ToT declined by 0.38% in the third quarter of 2023, following declines in the first, second, and third quarters of the same year.

The Bishop of Sokoto, Matthew Kukah, has stated that the Christmas massacres in Nigeria are aimed at destabilizing the country. Kukah warned that unless urgent action is taken, Nigeria may be at risk of another civil war.

56 illegal crude oil refineries and pipeline installations have been destroyed in Nigeria, according to the Nigerian Navy. The destroyed facilities were located in the Niger Delta region and were operated by illegal oil refiners, causing economic and environmental damage.

The Nigerians in Diaspora Commission (NIDCOM) has issued a warning to Ministries, Departments, and Agencies (MDAs) and embassies to be cautious of fraudulent diaspora groups. The commission stated that these groups have deceptive motives and urged MDAs and embassies to verify the authenticity of such groups before collaborating with them.

Governor Suleiman Alia of Sokoto State has urged citizens to embrace the year 2024 with renewed hope and determination. He called for unity and cooperation to overcome the challenges facing the state and the country as a whole.

The Nigerian Meteorological Agency (NiMet) has predicted dust haze in northern states of Nigeria from January 1, 2024. The agency advised residents, especially motorists, to exercise caution and take necessary measures to prevent accidents due to reduced visibility.

The Nigerian Employers' Consultative Association (NECA) has predicted that the Nigerian economy will remain bleak for the next six months. The association cited inflation, fiscal pressures, and foreign exchange challenges as factors contributing to the bleak economic outlook.

The People's Democratic Party (PDP) National Working Committee (NWC) has stated that the constitution of the party is sacrosanct and must be respected. The statement comes in response to the suspension of the party's chairman by some members of the party.

The Economic and Financial Crimes Commission (EFCC) has arrested Halima Shehu, the coordinator of the National Social Investment Programme (NSIPA), over alleged fraud amounting to N37.1 billion. Shehu's arrest comes shortly after her suspension by Bola Tinubu, the national leader of the All Progressives Congress.

The Christian Association of Nigeria (CAN) has called on the Nigerian government to apply stricter measures to tackle corruption. CAN stated that corruption remains a major challenge in Nigeria and urged the government to take decisive action to address the issue.

The crisis within the Ondo State chapter of the People's Democratic Party (PDP) continues as the party's National Executive Committee issued counter orders on the suspension of the state chairman. The party cited constitutional violations and disregard for party hierarchy as reasons for the suspension.

A cartoon illustrating a political or social situation in Nigeria is provided.

Inflation, fiscal pressures, and foreign exchange challenges are expected to persist in Nigeria. These factors continue to put pressure on the economy and affect the purchasing power of Nigerians.

Terrorists from the Boko Haram insurgent group have killed two Christians on Christmas, according to sources. The attack took place in Nigeria's northeastern region, which has been heavily targeted by the terrorist group.

The Conference of Nigeria Political Parties (CNPP) has raised concerns about the increasing insecurity in the country, stating that it is scaring away foreign investment. The CNPP called on Bola Tinubu, a prominent Nigerian politician, to address the insecurity issue if he plans to run for president in 2023.

Governor Suleiman Alia of Plateau State has called for unity and collective efforts to fight terrorism in the state. He emphasized the importance of community engagement and cooperation to tackle the security challenges facing the state.

Nigeria is prioritizing climate action to mitigate the impact of natural disasters. The government recognizes the need to address climate change and its adverse effects on various sectors of the country.

The Christian Association of Nigeria (CAN) has urged the Nigerian government to apply stricter measures to tackle corruption. CAN emphasized the importance of fighting corruption to promote good governance and development in the country.

A Catholic priest has challenged Nigerian musician Chidinma Ekile to prove her claim of being born blind and having her sight restored. The priest questioned the authenticity of Ekile's testimony, which she shared during a church service.

Nigeria's Terms of Trade (ToT) has recorded its fourth consecutive quarterly decline. The decline in ToT reflects challenges in Nigeria's trade balance and the country's economic performance.

The Kebbi State government has announced plans to renovate the Central Motor Park in Birnin Kebbi. The government has signed a N2.9 billion contract for the project as part of efforts to upgrade infrastructure in the state.

Lagos State Governor Babajide Sanwo-Olu has approved a bonus for sweepers working under the Lagos Waste Management Authority (LAWMA). The bonus is aimed at recognizing and rewarding the efforts of the sweepers in keeping the state clean.

The Nigeria Football Supporters Club (NFSC) is rallying support for the Super Eagles ahead of the Africa Cup of Nations (AFCON) tournament in 2023. The NFSC is mobilizing fans and calling for support to boost the team's morale for the competition.

Two Christians were killed by Boko Haram terrorists on Christmas, according to sources. The attack took place in northeastern Nigeria, where the terrorist group has targeted churches and Christian communities.

The Nigerians in Diaspora Commission (NIDCOM) has disowned the Nigeria Diaspora Forum and cautioned MDAs and embassies against collaborating with fraudulent diaspora groups. NIDCOM warned that such groups have sinister motives and may exploit unsuspecting individuals.

Rivers State Governor Nyesom Wike has promised to implement robust policies in the Federal Capital Territory (FCT) if he becomes the next president in 2024. He reassured Nigerians that his administration would prioritize the welfare of the people and address their needs.

Former Anambra State Governor Peter Obi has dismissed rumors of the Labour Party taking over from the People's Democratic Party (PDP). Obi stated that the PDP remains a strong and united party and expressed confidence in its ability to win future elections.

Nigeria's national team midfielder Wilfred Ndidi has been ruled out of the upcoming Africa Cup of Nations (AFCON) due to injury. Ndidi's absence is a blow to the Super Eagles' midfield, but the team remains determined to perform well in the tournament.

Osun State Governor Ademola Adeleke has shared his experience of inheriting a state plagued by financial challenges and how he rescued it from past bondage. Adeleke highlighted the steps he took to overcome his predecessor's traps and restore stability to the state.

The Nigerian national football team, the Super Eagles, is aiming to win their fourth Africa Cup of Nations (AFCON) title. The team's coach expressed confidence in the players' abilities and emphasized their commitment to giving their best during the tournament.

The Nigeria Football Supporters Club (NFSC) is rallying support for the Super Eagles ahead of the Africa Cup of Nations (AFCON) tournament. The NFSC is mobilizing fans and calling for support to boost the team's morale and encourage a successful campaign.

Nigeria has presented a $34 billion spending plan focusing on the economy and security. The plan aims to address key challenges facing the country and promote sustainable economic growth.

The Nigerians in Diaspora Commission (NIDCOM) has warned Ministries, Departments, and Agencies (MDAs) to be cautious of phony diaspora groups. NIDCOM stated that these groups have hidden agendas and called for thorough verification before engaging with them.

The Nigerian Investment Promotion Commission (NIPC) has granted tax exemption to 34 companies to promote investments in the country. The tax exemption is part of efforts to attract more foreign direct investment and boost economic growth.

The Nigerian Stock Exchange (NGX) ended the year 2023 on a positive note, with investors brimming with optimism for the year ahead. The stock market recorded significant gains, reflecting growing confidence in the Nigerian economy.

It has been revealed that former Delta State Governor James Ibori dumped Senator Ovie Omo-Agege for Oborevwori over four key reasons. The reasons include Oborevwori's loyalty, grassroots support, pragmatism, and ability to unite the party.

Source of content: OOO News 2024-01-03 News

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