FAAC Distributes N2.225tn August Revenue to FG, States, and LGs — Up 11.2% from July

FAAC Distributes N2.225tn August Revenue to FG, States, and LGs — Up 11.2% from July

ABUJA | September 18, 2025 — The Federation Account Allocation Committee (FAAC) has announced the distribution of N2.225 trillion in revenue to the Federal Government, states, and Local Government Councils for August 2025 — marking an 11.2% increase from July’s N2.001 trillion. This was disclosed in a statement released Wednesday by Bawa Mokwa, Director of Press and Public Relations at the Office of the Accountant General of the Federation, following the monthly FAAC meeting held in Abuja. According to the statement, the August revenue allocation includes: The PUNCH reports that this is the third consecutive month of increased allocations, a trend driven largely by higher VAT and other non-oil revenue sources. Revenue Breakdown From the N1.478 trillion statutory revenue: From the N672.903 billion VAT revenue: From the N32.338 billion EMTL: From the N41.284 billion Exchange Difference: Gross Revenue and Deductions Total gross revenue for August stood at N3.635 trillion, down from N3.757 trillion in July. Deductions for collection costs amounted to N124.839 billion, while N1.285 trillion was set aside for transfers, interventions, refunds, and savings. The report noted a decline in statutory gross revenue from N3.070 trillion in July to N2.838 trillion in August, a decrease of N231.913 billion. However, VAT collections rose to N722.619 billion, an increase of N34.679 billion from the previous month. While oil and gas royalties, VAT, and Common External Tariff (CET) levies recorded growth, revenues from Petroleum Profit Tax, Import Duty, Companies Income Tax, Excise Duty, and EMTL saw declines. Earlier this month, President Bola Tinubu announced that Nigeria had achieved its 2025 revenue target in August, attributing the milestone to increased earnings from the non-oil sector.

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FIRS Confirms Death of Four Staff in Afriland Towers Fire Tragedy

FIRS Confirms Death of Four Staff in Afriland Towers Fire Tragedy

LAGOS | September 18, 2025 — The Federal Inland Revenue Service (FIRS) is mourning the loss of four of its staff members who died in a devastating fire that broke out on Tuesday at Afriland Towers, located on Broad Street in Lagos. According to an official statement released by Dare Adekanmbi, Special Adviser on Media to the FIRS Chairman, the victims were identified as Mrs. Ekelikhostse George (Assistant Director), Mr. David Sunday-Jatto (Assistant Director), Mrs. Nkem Onyemelukwe (Senior Manager), and Mr. Peter Ifaranmaye (Manager). The fire reportedly affected the sixth and seventh floors of the high-rise building, which houses the agency’s Medium Tax Audit Office and the Onikan Emerging Tax Office. “It is with a heavy heart that FIRS announces the tragic loss of four of its staff members during the fire incident at Afriland Towers,” the statement read. FIRS stated that its internal security and safety personnel promptly contacted the fire service upon detecting the fire, but by the time emergency responders arrived, thick smoke had already overwhelmed parts of the building. The agency expressed deep sorrow over the incident and confirmed that it has reached out to the families of the deceased, assuring them of full support during this difficult time. “We are working in collaboration with all relevant agencies in Lagos to get to the root cause of the unfortunate incident. While this is ongoing, we will also be reviewing safety measures across FIRS offices nationwide — whether rented or owned,” the agency added. Investigations into the cause of the fire are currently underway.

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A Return to Normalcy: President Tinubu Lifts State of Emergency in Rivers State, Ushering in a New Chapter for Port Harcourt.

A Return to Normalcy: President Tinubu Lifts State of Emergency in Rivers State, Ushering in a New Chapter for Port Harcourt.

In a landmark decision that signals the end of a turbulent six-month period, President Bola Ahmed Tinubu has lifted the state of emergency imposed on Rivers State, effectively restoring full democratic governance to the oil-rich region and its bustling capital, Port Harcourt. Declared on March 18, 2025, amid escalating political tensions, insecurity, and a constitutional standoff, the emergency rule suspended Governor Siminalayi Fubara, his deputy Ngozi Odu, and the entire State House of Assembly. Today, as the mandate expires, the focus shifts to healing, unity, and progress—offering hope to a state long synonymous with both opportunity and unrest. The Crisis That Prompted Intervention Rivers State, home to Nigeria’s vital oil and gas heartland, had been spiraling into chaos. A bitter feud between Governor Fubara and his predecessor-turned-rival, Federal Capital Territory Minister Nyesom Wike, escalated into a full-blown political crisis. The State House of Assembly became a battleground, with defections, impeachments, and judicial interventions paralyzing governance. Insecurity surged, markets shuttered amid fears of violence, and public services ground to a halt. A devastating explosion at the Trans Niger Pipeline in Ogoniland, suspected by some to be politically motivated, underscored the risks of further instability. President Tinubu, invoking Section 305 of the 1999 Constitution, declared the emergency to avert “anarchy” and restore order. He suspended the elected officials for six months and appointed Vice Admiral Ibok-Ete Ibas (retd.) as Sole Administrator, tasking him with stabilizing the state. The move drew sharp criticism—opposition figures like former Vice-President Atiku Abubakar decried it as “political manipulation,” while the Nigerian Bar Association argued it overstepped constitutional bounds by effectively removing elected leaders. Yet, the National Assembly approved the declaration, paving the way for interim governance. Achievements Under Emergency Rule: From Chaos to Calm Under Ibas’s stewardship, Rivers State saw tangible progress. The administrator prioritized security, leading to improved inter-agency cooperation and a sharp drop in politically motivated violence. Markets in Port Harcourt reopened without fear, civil servants received salaries on time, and public projects resumed—breaking the “paralysis” that had gripped the state. A key milestone was the conduct of peaceful local government elections by the Rivers State Independent Electoral Commission (RSIEC), culminating in the swearing-in of new officials across the 23 local councils. Ibas hailed these polls as “credible” and declared Tinubu’s mandate “sufficiently achieved,” emphasizing restored peace and democratic institutions.The Rivers Peace Congress echoed this sentiment, crediting Tinubu’s intervention with saving the state from descent into disorder. “Rivers people can now go to sleep with both eyes closed,” the group stated, highlighting normalized daily life in Port Harcourt and beyond. Even as the rule ended, Ibas described it as a “necessity” born of “insecurity, political impasse, and breakdown of trust,” underscoring how it rebuilt confidence in governance. Lifting the Emergency: A Call for Unity and Reflection. With the six months concluding today, President Tinubu’s administration has allowed the suspensions to lapse, reinstating Governor Fubara and the assembly members. The Rivers Elders Council, led by Chief Ferdinand Alabraba, issued a poignant appeal for collaboration between Fubara and the lawmakers, urging them to “work together without distractions” for the state’s peace and progress. They commended the patience of Rivers residents and praised Tinubu’s “proactive action” in averting disaster, while lauding FCT Minister Wike’s role in the cabinet as a “cherished leader.”In a public lecture at Government House, Port Harcourt, titled “Good Governance and Democratic Dividends,” Ibas reflected on the transition, calling it a “covenant renewal” with the people. Guest lecturer Prof. Abiodun Amuda-Kanmike, SAN, urged sober reflection, positioning the period as a cautionary tale for other states on the perils of instability. Implications for Port Harcourt and Beyond Port Harcourt, the epicenter of Rivers’ economic and political life, stands to benefit immensely. As Africa’s “Garden City,” it has weathered oil spills, militancy, and now political strife—but this lift offers a fresh start. Enhanced security could boost investment in the Port Harcourt Refinery (recently restarted under Tinubu’s watch) and the broader Niger Delta economy. For residents, it means resumed normalcy: vibrant markets, reliable services, and a government focused on development rather than division.Yet challenges linger. The PDP has labeled the emergency an attempt at “state capture,” and ethnic tensions could resurface if unity falters. Civil society groups stress the need for inclusive dialogue to prevent relapse. Final Thoughts: Stability as the Foundation for Prosperity President Tinubu’s decision to lift the state of emergency is more than procedural—it’s a testament to decisive leadership that prioritized peace over partisanship. As Rivers State transitions back to elected rule, the onus is on leaders like Fubara to honor the progress made under extraordinary circumstances. For Port Harcourt, this marks not just the end of a dark chapter, but the dawn of one where oil wealth translates to widespread prosperity. What lessons can other Nigerian states draw from Rivers’ experience? Share your views in the comments—let’s discuss how to keep the momentum going.

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Breaking: Tinubu Lifts Emergency Rule in Rivers, Reinstates Gov Fubara

By Bunmi Ogunyale Nigeria’s President, Bola Ahmed Tinubu has lifted the State of Emergency rule on Rivers State. The President made this declaration in a statement made available in Abuja on Wednesday. His words; “My Fellow countrymen and, in particular, the good people of Rivers State. “I am happy to address you today on the state of emergency declaration in Rivers State. You will recall that on 18th March, 2025, I proclaimed a state of emergency in the state. In my proclamation address, I highlighted the reasons for the declaration. “The summary of it for context is that there was a total paralysis of governance in Rivers State, which had led to the Governor of Rivers State and the House of Assembly being unable to work together. Critical economic assets of the State, including oil pipelines, were being vandalised. “The State House of Assembly was crisis-ridden, such that members of the House were divided into two groups. Four members worked with the Governor, while 27 members opposed the Governor. The latter group supported the Speaker. As a result, the Governor could not present any Appropriation Bill to the House, to enable him to access funds to run Rivers State’s affairs. That serious constitutional impasse brought governance in the State to a standstill. Even the Supreme Court, in one of its judgments in a series of cases filed by the Executive and the Legislative arms of Rivers State against each other, held that there was no government in Rivers State. “My intervention and that of other well-meaning Nigerians to resolve the conflict proved abortive as both sides stuck rigidly to their positions to the detriment of peace and development of the State. “It therefore became painfully inevitable that to arrest the drift towards anarchy in Rivers State, I was obligated to invoke the powers conferred on me by Section 305 of the 1999 Constitution, as amended, to proclaim the state of emergency. The Offices of the Governor, Deputy Governor, and elected members of the State House of Assembly were suspended for six months in the first instance. The six months expire today, September 17th, 2025. “I thank the National Assembly, which, after critically evaluating the justification for the proclamation, took steps immediately, as required by the Constitution, to approve the declaration in the interest of peace and order in Rivers State. I also thank our traditional rulers and the good people of Rivers State for their support from the date of the declaration of the state of emergency until now. “I am not unaware that there were a few voices of dissent against the proclamation, which led to their instituting over 40 cases in the courts in Abuja, Port Harcourt, and Yenagoa, to invalidate the declaration. That is the way it should be in a democratic setting. “Some cases are still pending in the courts as of today. But what needs to be said is that the power to declare a state of emergency is an inbuilt constitutional tool to address situations of actual or threatened breakdown of public order and public safety, which require extraordinary measures to return the State to peace, order and security. “Considered objectively, we had reached that situation of total breakdown of public order and public safety in Rivers State, as shown in the judgment of the Supreme Court on the disputes between the Executive and the Legislative arm of Rivers State. It would have been a colossal failure on my part as President not to have made that proclamation. “As a stakeholder in democratic governance, I believe that the need for a harmonious existence and relationship between the executive and the legislature is key to a successful government, whether at the state or national level. The people who voted us into power expect to reap the fruits of democracy. However, that expectation will remain unrealizable in an atmosphere of violence, anarchy, and insecurity borne by misguided political activism and Machiavellian manipulations among the stakeholders. “I am happy today that, from the intelligence available to me, there is a groundswell of a new spirit of understanding, a robust readiness, and potent enthusiasm on the part of all the stakeholders in Rivers State for an immediate return to democratic governance. This is undoubtedly a welcome development for me and a remarkable achievement for us. I therefore do not see why the state of emergency should exist a day longer than the six months I had pronounced at the beginning of it. “It therefore gives me great pleasure to declare that the emergency in Rivers State of Nigeria shall end with effect from midnight today. The Governor, His Excellency Siminalayi Fubara, the deputy governor, Her Excellency Ngozi Nma Odu, and members of the Rivers State House of Assembly and the speaker, Martins Amaewhule, will resume work in their offices from 18 September 2025. “I take this opportunity to remind the Governors and the Houses of Assembly of all the States of our country to continue to appreciate that it is only in an atmosphere of peace, order, and good government that we can deliver the dividends of democracy to our people. I implore all of you to let this realisation drive your actions at all times. “I thank you all.” Long live the Federal Republic of Nigeria.

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Qatar’s Emir Visits Jordan to Boost Military Ties After Israeli Strike on Doha

Qatar’s Emir Visits Jordan to Boost Military Ties After Israeli Strike on Doha

Qatari Emir Sheikh Tamim bin Hamad Al Thani has arrived in Amman for high-level talks with Jordan’s King Abdullah II, just days after an Israeli airstrike on Doha killed six people. The visit marks the emir’s first trip abroad since the September 9 attack, which targeted alleged Hamas leaders in a residential district of the Qatari capital. Sheikh Tamim was received by King Abdullah, Crown Prince Hussein, and senior Jordanian officials upon landing in Jordan’s capital on Wednesday. The visit follows an emergency Arab-Islamic summit in Doha earlier this week, where leaders condemned the Israeli strike and pledged to strengthen regional defense cooperation. At the summit, the Gulf Cooperation Council (GCC) committed to activating a joint defense mechanism — a move widely seen as a response to growing regional tensions following the strike. Reporting from Amman, Al Jazeera’s Osama Bin Javaid described the emir’s trip as “an important bilateral visit,” particularly in light of the attack and ongoing U.S. efforts to stabilize relations with Qatar. U.S. Secretary of State Marco Rubio met with Sheikh Tamim in Doha on Tuesday. Beyond the strike on Doha, the Israeli military campaign in Gaza is also expected to dominate the emir’s discussions with King Abdullah. Jordan, a key player in facilitating humanitarian aid to Palestinians, has maintained a critical stance on Israel’s actions in Gaza. “The symbolism is strong,” Bin Javaid noted. “Qatar wants to demonstrate its support for the Palestinian people and its commitment to regional diplomacy.” Military cooperation and regional coordination ahead of next week’s United Nations General Assembly meetings are expected to be central to the discussions between the two leaders.

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Supreme Court Dismisses Appeals of Ondo SDP, APM Governorship Candidates

Supreme Court Dismisses Appeals of Ondo SDP, APM Governorship Candidates

The Supreme Court has dismissed the appeal filed by Bamidele Akingboye, the governorship candidate of the Social Democratic Party (SDP) in the 2024 Ondo State election. The dismissal followed a formal request by Akingboye’s legal team to withdraw the appeal due to his recent passing. Counsel for the respondents raised no objection to the withdrawal. A five-member panel of the apex court, led by Justice Iyang Okoro, consequently struck out the case. In a similar ruling, the court also dismissed an appeal filed by the Allied Peoples Movement (APM) and its governorship candidate, following a withdrawal by their counsel.

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Full Time: Athletic Club 0-2 Arsenal – Gunners Secure Comfortable Win

Arsenal claimed a solid 2-0 victory over Athletic Club, showcasing their squad depth in a dominant performance. Gabriel Martinelli opened the scoring just 36 seconds after coming on as a substitute, making an instant impact. Leandro Trossard sealed the win late in the game with a deflected strike, doubling Arsenal’s lead. The result highlights Arsenal’s growing momentum ahead of their Champions League campaign, with strong performances from both starters and substitutes. Key Moments:

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The United Bank of Africa, UBA, Headquarters in Victoria Island, Lagos is allegedly on fire.

Breaking News: Fire Engulfs UBA Bank Branch on Lagos Island, Staff Forced to Jump from Building

In a shocking development today, September 16, 2025, a major fire outbreak has been reported at the United Bank for Africa (UBA) branch located on Lagos Island, Nigeria. Eyewitness accounts and videos circulating on social media paint a chaotic scene, with flames rapidly spreading through the building, trapping people inside and prompting desperate escape attempts. Emergency services are reportedly on the ground, but concerns have been raised about the response time in one of Lagos’ busiest commercial districts. The Incident Unfolds. According to multiple reports from the scene, the fire started earlier this afternoon, quickly escalating and engulfing parts of the UBA House. Videos shared online show thick smoke billowing from the structure, with flames visible on upper floors. In one particularly harrowing clip, bank staff can be seen jumping from a storey building to escape the inferno, highlighting the urgency and danger faced by those inside. Eyewitnesses have noted that several individuals may still be trapped, adding to the panic in the surrounding area. The Lagos State Fire Service and other emergency responders, including the Lagos State Emergency Management Agency (LASEMA), have been mobilized to combat the blaze and conduct rescue operations. One report mentions that at least one person has been rescued so far, but the full extent of casualties or injuries remains unclear as the situation develops. The cause of the fire has yet to be determined, with no official statements from UBA or authorities at the time of writing. Public Reaction and Criticism Social media has been flooded with videos and updates from bystanders, expressing shock and frustration. Many have criticized the apparent delay in the arrival of fire services, questioning the preparedness of Nigeria’s emergency systems in a major urban center like Lagos. Comments range from calls for immediate action from government officials, including President Bola Ahmed Tinubu, to broader laments about infrastructure and safety standards in the country. One user described the scene as a “tragic” example of systemic incompetence, emphasizing the risks to human lives and billions in potential financial losses. Lagos Island, known for its dense markets and commercial hubs, has seen similar incidents in the past, often exacerbated by traffic congestion and limited access for emergency vehicles. This event underscores ongoing challenges in urban safety and disaster response. What We Know So Far UBA Bank has not issued an official statement as of now, but customers and the public are advised to avoid the area and monitor official channels for updates. Our thoughts are with those affected by this distressing event. We will continue to follow the story and provide updates as more details emerge.

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