A review of the Federal Competition and Consumer Protection Commission (FCCPC) Act has shown that President Bola Tinubu may have breached the law in his decision to unilaterally remove the agency’s Executive Vice Chairman, Babatunde Irukera. According to the Act, the president cannot unilaterally sack the FCCPC head without resorting to the Senate. The president’s Read More…
Finance Minister Olawale Edun announced the Federal Executive Council’s (FEC) approval of a $1 billion concessional loan from the African Development Bank (AfDB) aimed at bolstering the budget and enhancing foreign exchange reserves. Edun revealed the loan details, citing a 4.2% interest rate over 25 years with an eight-year moratorium, following a cabinet meeting in Read More…