Showing posts from March, 2023

Nigeria’s public debt rises to N46.25trn – DMO

Web image The Debt Management Office, on Thursday, revealed that Nigeria’s total public debt stock increased to N46.25 trillion or $103.11 billion in the fourth quarter of 2022. It stated that the new figure consists of the domestic and external total debt stocks of the federal government and the sub-national governments (36 state governments and the Federal Capital Territory) The latest figure was disclosed in a statement by the Debt Management Office on Thursday. According to DMO, the comparative figure of public debt as of December 31, 2021, was N39.56 trillion or $95.77 billion. This means that the country’s debt increased by N6.69trn or $7.34bn within one year. Stating reasons for the increase, the DMO said new Borrowings by the FGN and sub-national governments, primarily to fund Budget Deficits and execute projects and the issuance of promissory notes to settle some liabilities also contributed to the growth in the debt stock. It read in part, “As of December 31, 2022, the Total

Two Army Helicopters Crash, Killing Nine Service Members

(Photo by Ian Hitchcock/Getty Images) Authorities confirmed that two HH60 Black Hawks of the 101 st  Airborne Division crashed in Trigg County, Kentucky, killing all nine service members aboard on Wednesday night. Here's what we know about the dead Black Hawk helicopter crash in KY last night: -9 soldiers are dead, family still being notified -the helicopters were participating in a medical transport training exercise  -the helicopters are part of the 101st Airborne Division — Shay McAlister (@ShayMcAlisterTV)  March 30, 2023 According to Brendalyn Carpenter-Player, the director of the Fort Campbell Public Affairs, the two helicopters were conducting a training exercise around 10:00 p.m. to the west of the Army Base Fort Campbell when they crashed. “The crewmembers were flying two HH60 Black Hawk helicopters during a routine training mission when the incident occurred,” Carpenter-Player said. “The command is currently focused on caring for the servicemembers and their families.” Go

I’m waiting for verdict of tribunal before leaving Nigeria – Bode George

Bode George A former Deputy National Chairman of the Peoples Democratic Party, Chief Bode George said he will wait for the outcome of the presidential election petitions tribunal before leaving Nigeria. George stated this while speaking in an interview on Arise News Television’s The Morning Show. Recall that George had earlier vowed to leave Nigeria if Asiwaju Bola Tinubu of the All Progressives Congress, APC wins the presidential election held February 25. But, Tinubu won the election as announced by the Independent National Electoral Commission and George still insists on relocating to another country. Related News Why new administration must remove petrol subsidy — PENGASSAN US charges crypto boss Bankman-Fried with bribing Chinese officials BREAKING: 'You make us proud'— Adeleke issues new executive order to protect Aregbesola George said, “I am almost 80 years old, I can decide to live the rest of my life in peace. Remember, I was in the Navy, I have been in almost all par

"I've never felt so disappointed like today while defending present Trump", said a student

A college student says he defended former President Donald Trump after an inappropriate picture was shown. One America’s Stella Escobedo, spoke with Phil Bicocchi about the incident.

Gov poll: US condemns voter intimidation, violence, threatens sanctions

The United States has condemned voter intimidation and increased violence that marred the Governorship and State Houses of Assembly elections on Saturday. This was contained in a statement made available to our correspondent on Tuesday. The rescheduled Governorship and Houses of Assembly elections were held in 28 states and 36 states, respectively, amid increased violence and voter intimidation when compared with the Presidential and National Assembly polls held on February 25. Despite the massive deployment of security agencies in many strategic locations, there was widespread violence in many states of the federation. The US said despite that the March 18 elections appeared to have had significant operational improvements, as polling stations generally opened on time and most results were visible on an electronic viewing platform in a timely manner, there were increased violence in Lagos, Kano and other reported states. However, it commended stakeholders who spoke against the violenc