Author: Yvonne Uwadia

  • Dangote Announces Major Overhaul in Nigeria’s Oil Sector

    Dangote Announces Major Overhaul in Nigeria’s Oil Sector

     

    Aliko Dangote, president of Dangote Group and founder of Dangote Refinery, has vowed to bring about “major shakedowns” in Nigeria’s downstream oil and gas sector.

    This announcement came after President Bola Ahmed Tinubu visited the 650,000-barrel-per-day refinery in Lekki, Lagos State.

    Dangote stated that the overhaul would not be limited to petrol price reduction, saying, “It will be the total overhaul of the downstream.”

    The Africa’s richest man did not disclose specific details about the proposed changes.

    Truth Live News recalls that the Dangote Refinery began producing premium motor spirit in October, leading to a decline in fuel imports into Nigeria.

  • Diphtheria: Edo Government Gets Delivery Of 90 Doses To Fight Outbreak

    Lucky Obukohwo, Reporting

     

    Edo State Government said it has taken delivery of 90 doses of anti-diphtheria vaccines, where 70 has been deployed to the University of Benin Teaching Hospital (UBTH) .

    Recall that two people last week died of the infection in what seemed to be a resurgence of the ailment.

    The State Commissioner for Health, Dr. Cyril Oshiomhole said this shortly after donating the vaccines to the hospital where he said the state government has also gotten some doses from neighbouring Delta state but expressed worry that the disease is going beyond expected scope as people that have been fully vaccinated have been found to be infected including people beyond age five who are not expected to be infected.

    He said “We are working in collaboration with UBTH and NCDC (National Centre for Disease Control), we have spoken with the DG of NCDC and he graciously released 70 doses of anti-Diphtheria and we also reached out to Delta State Ministry of Health and they have been able to give us another 20 doses.

    “We are still studying the situation because some of those who are down with Diptheria have a history of full immunization, we also try to see why someone who is 14 years old have the disease, we are talking to the national body of the Primary Health Care to give us clearance if we can immunize children above the age of five because what is going on now, we might need to immunize adults including health workers”

    He said Governor Monday Okpebholo has approved the donation of beds and fittings and other items to the emergency centre at the UBTH and possibly offset the medical bills of patients.

    Receiving the Commissioner in UBTH, the Chairman, Medical Advisory Committee (CMAC) of the hospital, Professor Stanley Okugbo and the Deputy Chairman, Medical Advisory Committee who is also the Consultant in charge of Children Emergency in the hospital, Dr. Fidelis Eki-Udoko said the hospital was grateful for the swift response by the state government and that all diphtheria patients were responding to treatment as they urged the public to report symptoms early.

    They gave signs and symptoms of the disease to include “thick, gray membranes covering the throat and tonsils. A sore throat and hoarseness. Swollen glands in the neck(neck swelling) difficulty with breathing or rapid breathing. Nasal discharge. Fever chills, and tiredness.

    “Diphtheria is best prevented through vaccination and maintaining good hygiene.

    “The disease spreads through direct contact with infected individuals, often via respiratory droplets like those produced when coughing or sneezing.

    “Prevention is best done by washing hands with soap and clean running water is an effective step to prevent infection, one of which is diphtheria”, Oshiomhole said.

  • Ejeagha: Ngwo Ngwo Crooner Buried In Line With Wishes

    Lucky Obukohwo, Reporting

     

    Mike Ejeagha, the Ngwo Ngwo crooner who died few days ago has had his remains buried according to his final wishes.

    He was buried 24 hours after his death.

    The ceremony was devoid of fanfare with only family members and few clergymen who witnessed his burial

    Ugochimereze Chinedu Asuzu, who broke the news said it was in line with keeping the wishes of the musical icon that his remains be laid to rest quietly devoid of the usual fanfare.

    In a statement released by his family, the revered music icon and folklorist had expressed a desire to be buried immediately after his passing, devoid of elaborate ceremonies or public attention and in line with this wish, his family honoured this request by interring him just a few hours after his transition.

    He dies at the age of 95.

  • Just In: Tinubu’s Special Assistant Resigns Over One-Party State Allegations

    Ismail Abdulazeez Mantu Reporting

     

    Alhaji Dr. Aliyu Audu has officially resigned his position as Special Assistant to President Bola Ahmed Tinubu on Public Affairs, citing deep concerns over what he described as the All Progressives Congress’s (APC) “deliberate steps towards establishing a one-party state.”

    Dr. Audu’s resignation, dated June 8, 2025, was formally submitted through the office of the President’s Chief of Staff, Hon. Femi Gbajabiamila.

    In the letter, which has now circulated widely in political circles, Audu underscored his unwavering commitment to democratic ideals and stated that he could no longer serve in a capacity that, in his view, risks undermining Nigeria’s pluralistic political framework.

    Audu also expressed profound gratitude to the Presidency for the opportunity to serve, extending special appreciation to former Special Adviser on Media and Publicity, Mr. Ajuri Ngelale, who facilitated his nomination to the post.

    While the Presidency has yet to issue an official response, insiders suggest the resignation could trigger internal debates within the APC and reignite discussions around Nigeria’s democratic health under the current administration.

  • Senator Wadada Fires at El-Rufai, Blames His Exit from SDP on Ex-Governor’s “Power-Drunk Antics”

    Toba Owojaiye reporting 

    Keffi, Nassarawa

     

    Senator Ahmed Wadada, representing Nasarawa West Senatorial District under the Social Democratic Party (SDP), has launched a stinging rebuke at former Kaduna State Governor, Malam Nasir El-Rufai, accusing him of turning the SDP into a personal fiefdom for political revenge and ambition.

    Speaking to Truth Live News gathered in Keffi on Sunday, Wadada made it clear he is preparing to dump the SDP — and El-Rufai is the reason.

    “Even though Malam El-Rufai is my elder brother, I cannot remain in the same party with a man whose politics is driven by ego, not principle,” Wadada declared. “He is not a principled politician, and I refuse to be a pawn in his next power grab.”

    The outspoken senator didn’t hold back in exposing what he sees as El-Rufai’s hypocritical maneuvering. “Let’s be honest: What changed in President Tinubu between the time El-Rufai championed his candidacy and now that he has defected? This is not politics of conviction; it’s pure opportunism.”

    Wadada went on to contrast El-Rufai’s shifting loyalty with the steadfastness of former APC National Chairman, Senator Abdullahi Adamu, who remained loyal to the party despite internal setbacks. “That is what principle looks like — not jumping ship the moment you don’t get your way.”

    He also took a swipe at El-Rufai’s rumored plan to use the SDP as a launchpad for a national comeback: “El-Rufai isn’t building the SDP; he’s trying to colonize it. He sees the party not as a platform for ideology, but as a lifeboat after falling out with the APC establishment.”

     

    On the flip side, an APC stalwart also warned Wadada that his return to the ruling party might not be the homecoming he imagines: “There are over 20 serious aspirants eyeing the governorship. Wadada’s return won’t part the Red Sea. If anything, he might suffer a bigger humiliation this time.”

    The political tension reveals deeper undercurrents in the power game surrounding 2027. With El-Rufai seen by some as plotting a disruptive comeback and Wadada repositioning for relevance, the SDP appears caught in the crossfire of old grudges and fresh ambitions.

  • Who Will Speak for Edo South Now? (Part 2) By Daniel A. Noah Osa-Ogbegie, Esq.

     

    In Part 1, we established that Edo South, despite being the cultural, economic backbone and the melting pot of Edo State, has endured years of underrepresentation, political marginalization, and economic neglect. The consequence is a glaring paradox—an engine room of the state relegated to the fringes of power. The time has come not just for introspection but for action. This second part exposes how calculated political engineering has reinforced this sidelining, and why Edo South must now rise beyond subservience.

    History, they say, is a wise teacher, but only those who pay attention to its whispers can avoid the pitfalls of repetition. As Edo South continues to reel under the weight of marginalization, we must confront a bitter truth—our prolonged silence has enabled a systemic strategy of undermining, championed over the years by dominant actors like Senator Adams Oshiomhole and now sustained by Governor Monday Okpebholo.

    This is no reckless assertion. Let us walk through facts, not conjecture.

    When Adams Oshiomhole emerged as Governor of Edo State in 2008, he rode to power on a populist wave. He was sold to the people as a revolutionary, a comrade for the masses. To be fair, he brought energy and infrastructural focus to Benin City, but beneath the tarred roads and red roofs laid a political design: the deliberate weakening of Edo South’s leadership base.

    Rather than nurture competent and independent-minded leaders from Edo South, Oshiomhole handpicked agreeable individuals who would serve as his political instruments—men with little grassroots clout amd no pedigree, but great readiness to echo his dictates. These individuals were not selected to serve the people, but to stifle dissent within the South, to drown out legitimate voices, and to suppress any organized resistance to his Etsako-centered consolidation of power.

    Ask yourselves: who were the formidable, visionary leaders Oshiomhole supported from Edo South? Which of them emerged as genuine champions of their communities, rather than as extensions of the “Comrade Governor”? The truth is uncomfortable—most of those given platforms under his regime served as political placeholders, not as advocates for their people.

    While Iyamho, a once-sleepy village in Etsako, was transformed with dual carriageways, a university, and gleaming infrastructure, towns like Ehor, Igbanke, Urhonigbe, and Iguobazuwa languished in dusty neglect. While water flowed in Uzairue, Edo South communities rationed boreholes. This wasn’t just about political calculations , t was a strategy of cultural diminishment.

    And it didn’t stop there.

    When Oshiomhole ascended to the position of National Chairman of the All Progressives Congress (APC), did he leverage that office to champion federal appointments for sons and daughters of Edo South? Did he advocate for our neglected roads or attract meaningful federal institutions to our senatorial district?

    No. Instead, he carried forward the same game—install loyalists, silence dissent, and sabotage any Edo South candidate unwilling to genuflect. Under his national chairmanship, federal power was weaponized to manipulate party primaries, often at the expense of credible aspirants from our region. This, despite the reality that Oshiomhole’s gubernatorial victories in 2007 and 2012 were overwhelmingly secured in Edo South—winning all 77 wards in 2012, a political feat yet to be matched.

    Yet, as the de facto leader of the APC in Edo State today, Oshiomhole continues to operate as a puppeteer and under his extended influence, Edo south has missed out on every single key federal appointment under President Bola Tinubu. Governor Monday Okpebholo, though from Edo Central, operates as an extension of this same political architecture. What do we see in Edo South? The recycling of loyal enforcers—men handpicked not to represent, but to suppress.

    What are the current appointments for Edo south under Okpebholo aside the statutory commissioners? Enforcers of revenue collections from.market women, forest encroachers, merchants of sands from borrow pit and event organisers, sadly. They are already lining up: a new breed of shout-men with no people agenda for development but plenty of venom against any voice that dares to ask questions, defending the status quo and silencing opposition, unfortunately.

    This method is not new.

    Chief Tony Anenih, in his prime, followed a similar path. He promoted gatekeepers from Edo South who prioritized loyalty over legacy. The goal was control, not empowerment; and so, the cycle of suppression and subjugation continues.

    Let us ask the hard question again:
    Is Edo South destined to always provide the foot soldiers for other people’s political empires?

    Why must we continue to play second fiddle in a state we anchor—culturally, economically, and historically?

    Our leaders must rise. Enough of the bootlicking, handclapping and genuflecting for political emperors who see Edo South only as a territory to conquer. The era of sycophants trading our dignity for contracts and appointment crumbs must end.

    We must demand leaders who will speak truth to power—not in whispers in private parlours, but boldly in the public square. Leaders who know their legitimacy flows not from Iyamho or Uwesan, but from Ogbe, Okada, Abudu, Ehor, and Evbuobanosa.

    Edo South must reject the politics of puppetry. We must embrace a new order of principled, assertive, and strategic leadership.

    We need voices that will ask:

    Why does Edo South, the state’s economic and cultural giant, have the weakest influence in its power structure?

    Why are our federal roads abandoned, our communities neglected, and our youths criminalized?

    Why are we only mobilized for votes but excluded from development?

    To our young politicians: refuse to be errand boys. Reject the cloak of political servitude. Say no to recruitment into oppressive structures.

    To our elders: speak now or history will remember your silence as betrayal.

    This is not about anger or vendetta. It is about justice. It is about dignity. It is about restoring the pride of a people who have given so much and received so little.

    Let the message echo from Igbanke to Iguobazuwa, from Ugo to Okada: Edo South will no longer kneel in its own house.

    We have paid the price for unity. Now we must demand the dividend of equity.

    The question still hangs in the air:
    Who will speak for Edo South now?
    Perhaps the better question is:
    Who among us will dare to act?

     

    A timely piece by Daniel A. Noah Osa-Ogbegie, Esq. A voice for justice. A call for awakening.

  • Invasion 1897: Netherlands To Return Over 119 Looted Benin Bronzes To Nigeria

    Lucky Obukohwo, Reporting

     

    After 128 years since the British invaded the Benin Kingdom, the Netherlands has finally made plans to hand over 119 Benin bronzes to Nigeria on June 21, 2025.

    The development was shared by the Dutch Embassy in Nigeria, and an official further disclosed that the handover ceremony is scheduled for June 21 at the National Museum in Lagos.

    The bronzes will subsequently be returned to the National Museum in Benin City.

    Per reports, the number of artefacts is believed to be the single largest to be returned to Nigeria. They were looted during the 1897 British colonial raid on Benin City.

    The latest announcement comes after the ambassador-designate, Bengt van Loosdrech, said in February that the artefacts should never have ended up in the Netherlands.

    He said that Nigeria had been clamouring for the return of the bronzes for more than 50 years.

  • SPECIAL REPORT: Zenith Bank UK Faces FCA and PRA Probe Over Collapsed $300M Deal, Nigerian Supreme Court Implicated

    • By Darlington Okpebholo Ray

    • Investigative Correspondent, Truth Live News

    LONDON / ABUJA – British financial regulators have launched a formal investigation into Zenith Bank UK Ltd, following a high-profile petition submitted to the UK Parliament by Chief Emeka Okorie, Managing Director of Nigerian multinational firm Owigs and Obigs Ltd. The petition accuses the bank of financial misconduct that resulted in the collapse of an international trade transaction valued at over \$300 million, and a direct loss claim of \$42.9 million. The unfolding case also raises serious concerns about the conduct of the Nigerian judiciary, which is allegedly being used to shield the bank from accountability.

    At the centre of the dispute is an alleged breach of a Letter of Credit (LC) confirmation agreement, in which Zenith Bank PLC, acting as the confirming bank, is said to have received full commission but failed to fulfil its role, an omission that ultimately triggered the contract’s default clause and caused the transaction to collapse.

    A Deal Gone Sour

    In an exclusive interview with Truth Live News, Chief Okorie explained that his company’s global trade venture was abruptly cut short due to what he described as “a calculated breach of trust.” According to him, Zenith Bank was a critical party and signatory to a Letter of Credit agreement that required it to confirm an LC already paid for by Owigs and Obigs Ltd.

    “Zenith Bank collected their commission for LC confirmation but failed to confirm it,” Okorie stated. “This failure activated the penalty and default clauses in the contract, which all parties, including Zenith Bank, duly signed. Their inaction collapsed a deal worth over \$300 million and threw our entire supply chain into disarray.”

    The Managing Director emphasised that the bank’s failure to act, despite accepting financial compensation, constituted a clear breach of international banking practice and good faith obligations.

    •Nigerian Judiciary Implicated

    What has added fuel to the controversy is the role allegedly played by the Nigerian judiciary, which Chief Okorie claims enabled Zenith Bank PLC to escape liability through questionable court rulings. He cited Supreme Court Justice Kudirat Kere-Ekun as having presided over judgments that effectively protected the bank from being held accountable, despite clear contractual obligations.

    Observers warn that this case is fast becoming a textbook example of how judicial compromise and corporate impunity can combine to sabotage business confidence and economic development in Nigeria.

    •UK Regulatory Action Underway

    Following the petition to the UK Parliament, credible sources confirm that Zenith Bank UK Ltd is currently being investigated by both the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA), the key bodies responsible for supervising banking institutions in the United Kingdom.

    Zenith Bank UK Ltd, which is authorised by the PRA and regulated jointly with the FCA, is being probed over potential breaches of trust and regulatory standards related to its role in the disputed transaction.

    Sources also indicate that the UK Financial Services Compensation Scheme (FSCS) has been notified. While no formal public statement has been released, insiders suggest that, should wrongdoing be established, Zenith Bank UK Ltd may face:

    * Revocation or suspension of its banking licence in the UK
    * Financial penalties and regulatory sanctions
    * Public advisories warning UK citizens and residents against engaging with the bank

    Such consequences could severely affect Zenith Bank’s operations beyond Nigeria and deal a significant blow to its reputation as one of Africa’s leading financial institutions.

    •Global Implications Loom

    Zenith Bank is widely regarded as a pillar of banking in Nigeria and across West Africa. However, this unfolding case raises serious concerns about its corporate governance, legal compliance, and cross-border integrity. If UK regulators take decisive action, it could set a global precedent for how financial institutions are held accountable for breaches that transcend borders.

    Market analysts warn that the ripple effect of any regulatory action in the UK could lead to financial instability, a loss of international trust, and legal challenges in multiple jurisdictions.

    •A Call for Accountability

    As regulatory scrutiny intensifies, Owigs and Obigs Ltd insists that it will pursue every lawful avenue to recover its losses and expose what it terms the “systematic collaboration between judicial failure and banking negligence.”

    > “This case is not only about a failed transaction,” Chief Okorie said. “It is about the abuse of power, the betrayal of trust, and the cost of impunity to honest businesses.”

    This story is no longer just a corporate disagreement. It is rapidly becoming a watershed moment in the battle for justice, transparency, and financial accountability in both Nigerian and international banking systems.

    As an unbiased news agency, Truth Live News made an effort to reach Zenith Bank, but unfortunately, all calls and text messages to the mobile phone of the Zenith Bank MD to gather their perspectives went unanswered.

     

    For further updates and investigative coverage, follow Truth Live News or contact us via info@truthlivenews.com
    ©️ 2025 Truth Live News. All rights reserved.

  • Moody’s Upgrade of Nigeria’s Credit Rating Signals Renewed Investor Confidence – Presidency

    Toba Owojaiye

    Abuja, Nigeria

     

    In a major boost to the Nigerian economy, global credit rating agency Moody’s Investors Service has upgraded Nigeria’s long-term foreign-currency issuer rating from Caa1 to B3 with a Stable Outlook, a move the Tinubu Administration describes as a “clear endorsement” of its economic reform agenda and prudent fiscal management.

    Truth Live News gathered that the announcement, made on Friday, is the first upgrade by Moody’s since Nigeria’s rating was downgraded to junk status during the prolonged economic uncertainty of recent years. According to the agency, the upgrade reflects a “more resilient fiscal position, stronger external accounts, and a demonstrated commitment to macroeconomic and structural reforms.”

    President Bola Ahmed Tinubu, in his reaction to the development, said the upgrade is not only a signal to global investors that Nigeria is on the path of recovery, but also a testament to the government’s commitment to responsible governance and inclusive economic growth.

    “This upgrade signals to global investors and partners that Nigeria is back on a path of responsibility, reform, and renewed credibility. It underscores our unwavering commitment to transparency, discipline, and prosperity for all Nigerians,” President Tinubu said.

    The upgrade follows a string of bold reforms undertaken by the Tinubu administration, including the removal of fuel subsidies, unification of the foreign exchange market, fiscal discipline, efforts to raise non-oil revenues, and measures to restore credibility to the Central Bank of Nigeria. These moves, while initially met with mixed reactions domestically due to their short-term social impact, have now earned Nigeria renewed international recognition.

    Moody’s noted that the reforms have begun yielding tangible improvements in Nigeria’s macroeconomic stability, with rising investor interest, improving reserves position, and narrowing fiscal deficits. The agency also praised the administration’s willingness to adopt “market-oriented and transparent policy choices.”

    For Nigeria, the implications of the rating upgrade are profound. Analysts expect that the new rating will significantly improve the country’s access to international capital markets, reduce borrowing costs, and help attract long-term foreign direct investments, key levers needed to support the administration’s agenda of economic diversification, job creation, and poverty reduction.

    Beyond the immediate fiscal optics, government insiders view the development as a vital confidence-building milestone that could ripple into other sectors. The Tinubu administration has pledged to keep the reform momentum alive.

    “Efforts will continue to broaden the tax base, deepen the digital economy, boost industrial productivity, and support the most vulnerable through well-targeted social protection programs,” the President noted.

    This is not the first time the administration has cited global institutional feedback as validation of its economic policies. Just last quarter, the World Bank and IMF acknowledged improvements in Nigeria’s economic fundamentals, urging the country to sustain reforms and enhance revenue mobilisation.

    Still, some observers remain cautiously optimistic. While the rating signals improved investor sentiment, the realities of domestic inflation, unemployment, and rising cost of living continue to test public confidence. The challenge, many agree, lies in translating macroeconomic gains into tangible outcomes for ordinary Nigerians.

    As Nigeria inches toward its 2025 mid-term economic targets, the Moody’s upgrade is a welcome tailwind. It marks a turning point in the country’s post-pandemic recovery narrative and offers a rare alignment between international perception and national aspiration.

    Whether this momentum will translate into sustained prosperity depends on the government’s ability to balance reform with resilience, and growth with social equity.

  • Bus Carrying Kano Athletes Crashes, Many Feared Dead

    Toba Owojaiye reporting 

    Kano, Kano State

    Tragedy has struck the Kano State sports community as a devastating road accident has claimed the lives of several athletes returning from the recently concluded 22nd National Sports Festival, also known as the Gateway Games, held in Abeokuta, Ogun State.

    Truth Live News gathered that the fatal crash occurred on Saturday morning at the Dakatsalle Bridge in Kura Local Government Area, approximately 50 kilometers from Kano city. The bus, carrying members of the Kano State contingent—including athletes, coaches, journalists, and officials—reportedly lost control and plunged off the bridge. The exact cause of the accident is still under investigation, but preliminary reports suggest that the vehicle may have hit a pothole, leading to the tragic incident .

    Casualty figures vary across reports, with some sources confirming 19 deaths , while others report up to 22 fatalities . The Chairman of the Kano State Sports Commission, Umar Bala Fagge, stated that the bus was conveying about 30 individuals at the time of the accident. Many of the injured have been rushed to Kura General Hospital for emergency medical treatment .

    Among the deceased is the son of Salisu Jegu, a sports journalist with Express Radio, highlighting the widespread impact of this tragedy on the local sports and media communities .

    The accident has cast a somber shadow over the celebrations of the National Sports Festival, where Team Kano had performed commendably, finishing 13th on the medals table with a haul of six gold, 13 silver, and 10 bronze medals .

    Former Vice President Atiku Abubakar expressed deep sorrow over the incident, describing the athletes as “the very best of our nation—dedicated, talented, and full of promise.” He emphasized the need for stricter safety measures to prevent such tragedies in the future .

    As rescue operations continue and investigations are underway, the nation mourns the loss of these young talents whose lives were cut short in their prime.

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