News
Controversy Trails Unveiling Of New Currency Redesign
Published
3 years agoon
By
Editor
Mixed reactions have continued to trail the unveiling of the redesigned naira notes.
While some expressed anger that the Federal Government had abandoned its responsibilities and issues that demand immediate solutions, such as insecurity, fuel scarcity, increasing unemployment, and food scarcity, others believe it has a hidden motive for the sudden decision.
A political analyst, Dr Reuben Omachi, also a former lecturer at the Usman Danfodiio University, Sokoto, said the All Progressives Congress-led government wants to stay in power beyond 2023 and is, therefore, making it difficult for the opposition parties to stock enough money to fight back.
Also speaking in an interview with DAILY POST on Friday, Dr. Moses Unubi, said the unveiling would take Nigerians back as it will take locals several months to understand and master the new currency notes.
According to Mr. Donatus Umoru, a political science student at the Ahmadu Bello University Zaria, he said the government was not interested in good governance, rather finding ways to make people poorer.
According to him, the rich who have stored up wealth for themselves, may equally become poor, since all eyes are on those who make huge deposits of old notes in banks.
READ ALSO: Police React To Viral Video Of Alleged Terrorists In Lagos
Mrs. Susan Adokole felt the currency redesign would increase inflation, since more money will continue to chase few foodstuff/goods.
According to her, “even if the country wants to change currency, it should have given more time for people to either make deposit or use the money to buy goods and keep.”
She blamed the President Muhammadu Buhari-led governnent for making life difficult, adding that the federal government abandoned its primary responsibilities for a decision that would make Nigerians poorer.
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News
Immigration Officer Gets N5m For Arresting Fleeing Ritualist
Published
3 hours agoon
June 10, 2025By
Editor
An immigration officer, Ugochukwu Orji, who arrested a fleeing Enugu State-based native doctor accused of killing and kidnapping people for rituals, has been rewarded with N5 million for his efforts by an industrialist, Ebuka Onunkwo.
Onunkwo, who is also a senatorial aspirant for the Anambra South senatorial by-election on the platform of the All Progressives Grand Alliance, hosted the immigration officer at his residence in Ihembosi, Ekwusigo Local Government Area of Anambra State, according to a press statement released by his media team on Tuesday.
Orji was at his duty post along the Seme Border area last month when the fleeing native doctor, popularly known as “Ichie Billion” attempted to use a motorcycle to cross over to the Benin Republic from Nigeria at Seme Border, but having seen his face on the internet, he quickly intercepted him.
READ ALSO: Our Country A Home, Not Hotel, Badenoch Decries UK Immigration Crisis
Recall that “Ichie Billion”, who hails from Umuojor village in the Isiagu Community of Enugu State, had been on the run after being declared wanted by the Nigerian Police Force in connection with the kidnapping of a 13-year-old girl and alleged multiple ritual killings.
The native doctor was thereafter intercepted by the Nigerian Immigration Service and subsequently handed over to the Lagos State Police Command following his arrest at the border by the immigration officers.
Onunkwo, an industrialist, while presenting a cheque of ₦5 million to the immigration officer at his residence, said the gesture was part of his company’s Corporate Social Responsibility and encouragement for moral renaissance in the society.
News
Tariff Hikes Won’t Solve Nigeria’s Power Crisis, Expert Tells Tinubu
Published
3 hours agoon
June 10, 2025By
Editor
Attempts by the current administration to rely on increased electricity tariffs to resolve Nigeria’s chronic power supply issues are unlikely to succeed, according to energy expert Nick Agu.
Speaking during an interview on Arise TV on Tuesday, Agu argued for a fundamental restructuring of the power sector, prioritising infrastructure over tariff hikes.
Responding to the Minister of Power, Adebayo Adelabu’s optimism and recent celebration of Nigeria reaching a new peak generation of over 5,000 megawatts, Agu acknowledged the incremental increase as “a good thing, is good news.”
However, he quickly added, “But should we celebrate? The answer is probably not.”
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Agu underscored Nigeria’s severe “energy poverty” by drawing comparisons with other nations.
He noted that while Nigeria, with over 200 million people, struggles with around 5,000 megawatts, South Africa (65 million people) boasts 55,000 megawatts, Brazil (200 million people) supplies 150,000 megawatts, and even Qatar (3 million people) provides 8,000 megawatts.
“So, you can see that three million people are enjoying more electricity than Nigeria, which has 200 million people,” he highlighted.
READ ALSO: Tinubu Hosts Gov Adeleke, Deji Adeleke, Davido In Lagos
Agu underscored Nigeria’s severe “energy poverty” by drawing comparisons with other nations.
He noted that while Nigeria, with over 200 million people, struggles with around 5,000 megawatts, South Africa (65 million people) boasts 55,000 megawatts, Brazil (200 million people) supplies 150,000 megawatts, and even Qatar (3 million people) provides 8,000 megawatts.
“So, you can see that three million people are enjoying more electricity than Nigeria, which has 200 million people,” he highlighted.
News
From 158 To 351: Lagos Teen Excels In UTME After Initial Glitch
Published
4 hours agoon
June 10, 2025By
Editor
A 16-year-old student, Oyindamola Apampa, has achieved a remarkable aggregate score of 351 in the 2025 Unified Tertiary Matriculation Examination, with 65 in English Language, 98 in Mathematics, 98 in Physics, and 90 in Chemistry.
Apampa, a student of Lagoon Secondary School in Lagos, described the feat as the result of determination, strategic preparation, and divine favour.
A statement on Tuesday revealed that it was her second attempt at the UTME, explaining that her initial score of 158 was later invalidated due to technical issues experienced at her exam centre.
She said, “In my first UTME attempt, I scored 158. However, the results were widely criticised and later acknowledged by the authorities as inaccurate due to technical glitches affecting several examination centres, including mine.
READ ALSO: Mass Failure: UTME Candidates To Sue JAMB Over Technical Glitches
“Consequently, the examination body authorised a resit to address these irregularities. In the resit, I achieved a score of 351.”
She added that her parents played a crucial role in supporting her academic journey by fostering a learning-friendly environment at home.
“My parents made our home a positive place for studying. We have a full library in the family living room, in addition to a separate multimedia study room where the whole family often gets together to talk about different topics and help each other learn,” she shared.
Apampa also credited a learning centre in Lekki, Lagos, for providing her with additional academic support through UTME preparation classes and frequent mock examinations.
READ ALSO: BREAKING: JAMB Admits To Errors In 2025 UTME
“The frequent mock exams at our learning centre were a great help in my preparation for UTME,” she said.
In his reaction to the learning centre head, Osayi Izedonmwen, stellar 98 per cent pass rate in the 2025 UTME, attributed the achievement to its hybrid learning approach.
“At Teesas, we are fully IT-equipped to seamlessly support both online and physical learning within a convenient and friendly environment. This has played a key role in helping our students excel,” Izedonmwen stated.
Apampa is no stranger to academic excellence. She was placed on her school’s Honours list after securing 10 As and one B in her Junior WAEC.
She has also represented her school in international competitions, such as the Conrad Challenge, where her team reached the final stage and earned a special mention.
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