Wike Raises FCT’s Revenue By over 177% from N9bn to N25bn in 19 Months Matches number of C of Os issued in about 13 years Expresses reservation over planned state policing initiative Emmanuel Addeh and Olawale Ajimotokan in Abuja
The Minister of the Federal Capital
Territory (FCT), Nyesom Wike, yesterday revealed that under his superintendence, the revenue collected by the administration in
Abuja has soared from about N9 billion in 2023 to an average of N25 billion currently. The minister, who spoke during
a live television interview session with senior journalists, attributed the growth in revenue to the tune of about 177.7 per cent to the collection
of ground rents and payment of Certificates of Occupancy (C of O) by land allottees. Besides, he noted that the Federal
Capital Territory Administration (FCTA) received over N40 billion Continued on page 5
Repatriated $52.8m Loot: Embattled Diezani Disowns Any Connections with Fund... Page 6
Monday, Monday,January January20, 6, 2025 Vol 29. No 10865. 10879. Price: N400
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Europe on Edge as Trump Takes Office as US President Today To sign over 100 executive orders within hours TikTok begins restoring service for users after Trump comments Emmanuel Addeh in Abuja
As President-elect, Donald Trump,
takes office today (January 20), his brand of diplomacy is already sending shock waves around the
world, especially in Europe, where it is putting the countries in that region on edge.
The inauguration marks the official transfer of presidential power from the Joe Biden administration to Trump,
who has vowed to implement wideranging decisions on his first day in office.
This year's ceremonies planned by
Continued on page 5
With 265 Lost to Tanker Explosions in 4 Months,Tinubu Moves to Avert Recurrence Orders high-powered c’ttee as Suleja death toll reaches 88, mourns victims Instructs security, road safety authorities to deploy to work Mandates NOA to sensitise public about risks of scooping fuel from fallen tankers Buhari, Shettima, First Lady, Ganduje, governors, senators, IG, CAN, others grieve
Our Correspondents
Disturbed by the number of persons reportedly lost to repeated incidences of tanker explosions in parts of the country, between September 2024 and now, currently standing at 265 souls, President Bola Tinubu, yesterday, set up a high-powered committee mandated to halt a reoccurrence of such accidents. This decision followed the death of 88 persons in the wake of a tanker explosion that occurred at Dikko Junction, Niger State, Saturday night. The president, while mourning the victims, however, instructed the security relevant agencies, and road safety authorities to deploy to work with a view to averting a repeat anywhere in the country. At the same time, Tinubu has mandated the National Orientation Agency (NOA) to sensitise the public about risks of scooping fuel from fallen tankers. Meanwhile, prominent Nigerians, Continued on page 5
CHBO MAIDEN CONFERENCE ON COMMODITISATION OF NAIRA...
L-R: Representative of CBN Governor/Special Adviser to CBN Governor, Fatai Karim; President/Chairman of Council, CIBN, Prof Pius Deji Olarewaju; Chairman, Committee of Heads of Bank Operations (CHBO), Abraham Ehijator Aziegbe; Chief Audit Executive, Providus Bank/Chairperson, Association of Chief Audit Executive of Banks in Nigeria, Aina Amah; Registrar/Chief Executive, CIBN, Akin Morakinyo; and Divisional Head, Transaction Services, Lagos and South West, GTBank Ltd, Sylvia Nwakwue, during the CHBO Maiden Conference on Commoditisation of naira held in Lagos...last Friday