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SERAP Raises Concerns Over Nigeria’s Management of World Bank and Chinese Loans

The Socio-Economic Rights and Accountability Project (SERAP) has voiced serious concerns over the persistent lack of transparency and accountability in the management of loans obtained from the World Bank and China by Nigeria’s federal and state governments. In a strongly worded statement, SERAP urged the government to take immediate action to address these issues. The…

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Property Owners Demand ₦160 Billion for 2018 NNPCL Demolitions

By Ayomide Otitoju Property owners affected by the demolition exercise carried out by the Nigerian National Petroleum Company Limited (NNPCL) in 2018 are demanding compensation exceeding ₦160 billion. The demolitions, which took place along the pipeline and Tanke Road in Ilorin, were conducted by Nigerian Army engineers on the orders of the national oil company…

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Sports Minister Apologizes for Nigeria’s 2024 Olympics Failure

John Enoh, Nigeria’s Minister of Sports Development, has apologized to Nigerians following the country’s disappointing performance at the 2024 Olympic Games in Paris, where Nigeria failed to secure a single medal. In a statement released on Sunday, Enoh expressed regret that the Nigerian team’s performance fell short of expectations. Despite President Bola Tinubu’s approval of…

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NDIC Disburses ₦5 Million to 82.36% of Heritage Bank Customers

The Nigeria Deposit Insurance Corporation (NDIC) has announced that it has successfully disbursed the insured deposit amount of ₦5 million each to 82.36% of the customers of the defunct Heritage Bank. In a statement issued on Sunday, Bashir Nuhu, NDIC’s Director of Communication and Public Affairs, revealed that 17.64% of the insured deposits are still…

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