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JUST IN: FG Gives ₦5bn Subsidy Palliative To Each State, FCT

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The Federal Government has announced that each state of the federation and the Federal Capital Territory (FCT) will receive ₦5 billion palliatives to help them cushion the impact of the fuel subsidy removal.

The FG also pledged additional palliatives to states that share boundaries with Niger Republic to enable them to cope with the influx of refugees from the neighbouring country.

This decision was reached at the statutory meeting of the National Economic Council (NEC) chaired by Vice President Kashim Shettima in Abuja on Thursday, August 17, 2023.

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Borno State Governor, Babagan Zulum announced the decision during an interactive session with State House correspondents.

Zulum also highlighted some of the issues that were discussed at the meeting.

READ ALSO: Obaseki Says Nigeria In Trouble Economically, Urges Edo People On Self-help

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According to the governor, the council also agreed that states that share borders with Niger Republic should be assisted with additional palliative materials to help them contain the influx of refugees from the politically troubled neighbouring country.

Membership of NEC includes the governors of the 36 states of the federation, Ministers of Federal Capital Territory (FCT) and Finance, Governor of the Central Bank of Nigeria (CBN), and Group Chief Executive Officer of Nigeria National Petroleum Company Limited (NNPCL) among others.

Details later…

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Indian Court Denies Bail To Nigerian Man Over Drug Charges

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A court in India has denied bail to a 44-year-old Nigerian national, Cristian Soporuchukwu, who is currently facing drug trafficking charges in the country.

Cristian Soporuchukwu initially entered India on a business visa but was later arrested over allegations of involvement in the sale of hard drugs.

Reports indicated that after arriving in India, Soporuchukwu travelled through Goa, Delhi, and Mumbai, where he allegedly established links with suspected drug traffickers.

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READ ALSO:Indian National Arraigned In Lagos Over Alleged N22m Supermarket Fraud

He was accused of purchasing MDMA crystals and distributing them to college students and information technology workers.

According to reports, operatives of the Beguru Police arrested Cristian Soporuchukwu in April 2025 for allegedly selling MDMA crystals around Begur Lake and the AECS Layout Road area.

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The New Indian Express reported that the High Court of Karnataka subsequently dismissed the Nigerian’s bail application.

READ ALSO:NDLEA Intercepts Indian Lady With 72 Parcels Of Heroin ON n Chocolate Wraps

“The anti-narcotics wing seized about 1 kg of MDMA crystals, a pocket weighing machine, 10 zip-lock covers, a mobile phone and a scooter from him,” the report stated.

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Justice V. Srishananda, while ruling on the bail application, reportedly held that errors relating to the grounds of arrest could not automatically justify bail in serious narcotics-related offences under the Narcotic Drugs and Psychotropic Substances, NDPS, Act.

The court further noted that Cristian Soporuchukwu had allegedly overstayed his visa in India, according to the report.

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Strait Of Hormuz: US Announces Sanctions Against Iran

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The United States Treasury has announced sanctions against Iran’s Persian Gulf Strait Authority.

Treasury Secretary, Scott Bessent, said this in a statement on Wednesday.

The statement extended the threat of sanctions to anyone paying the fees, saying they may be providing support to and receiving services from Iran’s Revolutionary Guards, and therefore may be exposed to sanctions risk.

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READ ALSO:Strait Of Hormuz: Pakistan Thanks Trump For Pausing ‘Project Freedom’

“The Iranian military’s latest attempt to extort global maritime trade is proof that Economic Fury has left the regime desperate for cash.

“Treasury has deprived the Iranian regime of revenue for their weapons programs, terrorist proxies, and nuclear ambitions,” Bessent said.

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Bessent added that the US has succeeded in disrupting tens of billions of dollars’ worth of revenue from being accessible to Tehran.

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US Launches New Airstrikes On Iran

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The United States has launched new airstrikes in southern Iran.

The strike shot down four one-way attack drones that posed a threat around the Strait of Hormuz and then a ground control site.

A US official revealed that American forces struck an Iranian ground control station in Bandar Abbas that was about to launch a fifth drone.

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READ ALSO:US Restricts Entry Routes For Travellers From DRC, Uganda, South Sudan Over Ebola Outbreak

The official described the strikes as purely defensive, saying the US intended to maintain the ceasefire.

Report says this is the second time in three days that the US has carried out self-defense strikes against Iranian military targets in southern Iran.

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Recall that on Monday the US carried out airstrikes against Iranian missile locations and boats that US Central Command said were preparing to launch mines in the Strait of Hormuz.

 

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