Abia ThinkTank

3725 Posts
Nov
15
2024
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By Abia ThinkTank
Hours To Ondo Governorship Election, INEC Replaces Candidate

Hours To Ondo Governorship Election, INEC Replaces Candidate

News Flash, Politics
Hours To Ondo Governorship Election, INEC Replaces Candidate The Independent National Electoral Commission has reinstated Olorunfemi Festus as the Labour Party’s candidate for the 2024 Ondo State governorship election, following a ruling by the Court of Appeal. INEC revealed this in a statement released on its official X account on Friday. The decision came after the Court of Appeal in Abuja struck down a judgment by the Federal High Court, which had earlier ordered INEC to accept Olusola Ebiseni as the Labour Party’s candidate. The Federal High Court, in a ruling delivered on September 27, 2024, had directed INEC to…
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Nov
15
2024
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By Abia ThinkTank
Nigeria’s Inflation Rate Rises To 33.88%

Nigeria’s Inflation Rate Rises To 33.88%

Economy, FGN, News Flash
Nigeria’s Inflation Rate Rises To 33.88% Nigeria’s inflation rate has risen to 33.88% in October 2024, up from 32.7% in September 2024. According to the latest report from the National Bureau of Statistics (NBS) on the Consumer Price Index (CPI), this rise in inflation is mainly due to higher costs in transportation and food prices Examining the inflation rate compared to the same time last year shows a steep rise. The rate of 33.88% in October 2024 is 6.55 percentage points higher than the 27.33% recorded in October 2023. Meanwhile examining the inflation rate month-to-month, the data shows a smaller…
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Nov
15
2024
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By Abia ThinkTank
Prayers Prevented Exchange Rate From Reaching N10,000 Per Dollar – Pastor Adeboye

Prayers Prevented Exchange Rate From Reaching N10,000 Per Dollar – Pastor Adeboye

CBN/Commercial Banking, Security
Prayers Prevented Exchange Rate From Reaching N10,000 Per Dollar” – Pastor Adeboye The General Overseer of the Redeemed Christian Church of God (RCCG) Pastor Enoch Adeboye has said without divine intervention, the exchange rate could have soared to ₦10,000 to $1. Speaking during the Special Holy Ghost Congress in Abuja, Adeboye linked Nigeria’s financial struggles to its heavy reliance on fuel imports, despite being a significant oil-producing nation. He criticised the billions spent on refineries that remain non-functional, forcing the country to depend on imported petrol. Addressing the contentious removal of fuel subsidies, Adeboye remarked that the decision angered those…
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Nov
15
2024
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By Abia ThinkTank
Supreme Court Dismisses Suit Challenging Legality Of EFCC

Supreme Court Dismisses Suit Challenging Legality Of EFCC

Judiciary, News Flash
Supreme Court Dismisses Suit Challenging Legality Of EFCC The Supreme Court has dismissed suit instituted by some state Attorneys General challenging the establishment of the Economic and Financial Crimes Commission (EFCC) Act. The suit, which was initially instituted by attorneys general of 16 states, sought the scrapping of the anti-graft agency. While some states withdrew from thesuites, others remained.The states that initiated the suit include Ondo, Edo, Oyo, Ogun, Nassarawa, Kebbi, Katsina, Sokoto, Jigawa, Enugu, Benue, Anambra, Plateau, Cross-River and Niger. However, at the resumed hearing on October 22, Imo, Bauchi, and Osun states joined the suit as co-plaintiffs while…
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Nov
15
2024
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By Abia ThinkTank
Close Of Nominations, Followed By Recommendations For The Great Igbo Achievers Awards

Close Of Nominations, Followed By Recommendations For The Great Igbo Achievers Awards

News Flash, People & Events, Personality
CLOSE OF NOMINATIONS,followed byRECOMMENDATIONSFOR THE GREAT IGBO ACHIEVERS AWARDS. As previously announced, the Nominations close today, the 15th of November, and the process of Recommendations would automatically be activated. A 7-Man Selections Committee headed by Chief Simon Okeke, former Chairman of the Police Service Commission, will pay visits to affected Igbo communities, and examine online & empirical records to identify and assess the candidates nominated for the Awards and make their recommendations. The Committee’s assignment would be concluded within 30 days, by 15th December, 2024. The recommendations of the Committee shall be forwarded to the 24-Member Alaigbo Elders Council, which…
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Nov
15
2024
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By Abia ThinkTank
Super Eagles Qualify For 2025 AFCON

Super Eagles Qualify For 2025 AFCON

Football, News Flash, Sports
Super Eagles Qualify For 2025 AFCON The Super Eagles have secured qualification for the 2025 Africa Cup of Nations with two matches remaining in the qualifiers. With 10 points in the bag, the Super Eagles are guaranteed a top-two finish, following a 1-0 victory for Libya over Rwanda in Kigali, Group D. Next up, the Super Eagles will face Benin Republic’s Cheetahs in Abidjan tonight before returning home to complete their qualifying campaign against Rwanda on Monday. Rwanda, with five points and Libya, now on four, cannot surpass Nigeria with just one matchday left for both teams. The three-time African…
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Nov
15
2024
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By Abia ThinkTank
Wike Suspends FCDA Executive Secretary, Engr. Shehu Hadi Ahmad, Indefinitely

Wike Suspends FCDA Executive Secretary, Engr. Shehu Hadi Ahmad, Indefinitely

Abuja, FGN, News Flash
Wike Suspends FCDA Executive Secretary, Engr. Shehu Hadi Ahmad, Indefinitely The Executive Secretary, Federal Capital Development Authority (FCDA), Engr. Shehu Hadi Ahmad, has been suspended indefinitely. According to a statement on Thursday, by Lere Olayinka, Senior Special Assistant on Public Communications and New Media to the Minister of Federal Capital Territory (FCT), Nyesom Wike's suspension of Engr Hadi Ahmad is with immediate effect. The suspended Executive Secretary has consequently been directed to hand over to the Director of Engineering Services, in the FCDA.
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Nov
15
2024
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By Abia ThinkTank
With Our 1999 Constitution, Even Angel Gabriel Won’t Save Nigeria From Miseries – Emeka Anyaoku

With Our 1999 Constitution, Even Angel Gabriel Won’t Save Nigeria From Miseries – Emeka Anyaoku

Columns/Opinions/Letters, Economy, News Flash
With 1999 Constitution, Angel Gabriel Won’t Save Nigeria From Miseries – Anyaoku Former Commonwealth Secretary-General, Chief Emeka Anyaoku, Wednesday, warned that if Nigeria refuses to do away with the 1999 Constitution, development will continue to elude the country. While faulting the 99 Constitution which he described as unitary, Anyaoku argued that united and progressive pluralistic countries were those who addressed their diversity with true federal constitutions. The elder statesman spoke at the launch of the book: ‘The Noble Academic and Patriot: A Biography of Emeritus Professor Akinjide Osuntokun,’ held at the Nigerian Institute of International Affairs, NIIA, in Lagos. Those…
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Nov
15
2024
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By Abia ThinkTank
Abia’s Entrepreneural Spirit: Trade, Factories And Development: A Historical Assessment – By Dr. Chukwuemeka Ifegwu Eke

Abia’s Entrepreneural Spirit: Trade, Factories And Development: A Historical Assessment – By Dr. Chukwuemeka Ifegwu Eke

Abia State, Business, Columns/Opinions/Letters, Economy, Good Governance, News Flash
Abia's Entrepreneurial Spirit: Trade, Factories and Development: A Historical Assessment Abia State is a hub for trade, factories, and still striving for development in Nigeria. The state boasts an impressive array of industries, including brewing, textiles, and manufacturing. Let's dive into the history of some of the notable factories and industries in Abia State.Nigerian Breweries Plc, located in Aba, has been operational since 1957 and was upgraded in 2014.Guinness Nigeria Plc, another major brewing company, also operates in Abia State.Aba Textile Mills is a significant player in the textile industry, producing various fabrics and materials.International Glass Industry (IGI) in Aba…
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