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Nigeria News (Standard)

EFCC Arraigns Miyetti Allah Leader Over Alleged ₦3.8bn Money Laundering From Bauchi Government

Anti-graft agency files charges in Abuja as cattle breeders’ association faces scrutiny over multi-million dollar transfer

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Anti-graft agency files charges in Abuja as cattle breeders’ association faces scrutiny over multi-million dollar transfer

The Economic and Financial Crimes Commission (EFCC) has charged the national president of Miyetti Allah Kautal Hore with money laundering involving a reported $2.53 million (about ₦3.8 billion at current rates) said to have been received from the Bauchi State government. The arraignment took place in Abuja on Thursday, marking a significant development in the ongoing efforts to tackle financial crimes linked to public funds.

According to information made available by the EFCC, the leader of the influential cattle breeders’ association is accused of receiving funds from Bauchi State government coffers without due process, allegedly disguising the source and intended use of the money. The commission stated that investigations uncovered suspicious transfers and that the accused failed to provide satisfactory explanations when questioned.

This case has drawn attention from stakeholders across Nigeria, given Miyetti Allah’s prominent role in livestock policy discussions and its influence within rural communities. Anti-corruption campaigners say it underlines persistent concerns about transparency in dealings between state governments and powerful interest groups. The EFCC has stepped up efforts in recent years to trace illicit financial flows involving associations and individuals with close ties to government officials.

While details of the court proceedings are still emerging, EFCC spokespersons have reiterated that all suspects are presumed innocent until proven guilty. Calls for comment from Miyetti Allah officials were not immediately returned as at press time, while Bauchi State government representatives have yet to issue an official response regarding their role in the transaction.

The case is expected to proceed with further hearings in Abuja. Observers note that its outcome could set an important precedent for accountability in state-level disbursements and dealings with non-governmental associations.

Source: https://www.premiumtimesng.com/news/headlines/890549-efcc-charges-miyetti-allah-leader-with-money-laundering-over-2-53m-received-from-bauchi-govt.html

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Nigeria News (Standard)

Twin Earthquakes Kill 32, Injure Over 700 in Venezuela as Emergency Response Intensifies

Authorities race to rescue survivors and provide relief after deadly tremors leave widespread destruction on Thursday

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Authorities race to rescue survivors and provide relief after deadly tremors leave widespread destruction on Thursday

No fewer than 32 people have lost their lives while more than 700 others sustained various degrees of injuries after twin earthquakes struck Venezuela on Thursday. The incident, which occurred in the early hours, has left communities counting losses and prompted a major emergency response by local authorities.

According to official reports, the earthquakes hit densely populated areas, resulting in collapsed buildings and significant damage to public infrastructure. Emergency services were immediately deployed to search for survivors trapped under debris and to provide urgent medical attention to the injured. Many residents were seen assisting in rescue operations as authorities cordoned off unsafe zones.

The Venezuelan government has described the situation as a national emergency and called for calm among citizens. The scale of destruction is reminiscent of previous natural disasters that have tested the country’s emergency preparedness. For Nigerians with relatives or interests in Venezuela, the Ministry of Foreign Affairs has advised vigilance and urged citizens to stay in contact with the Nigerian mission in Caracas for updates.

Officials say that medical facilities are being stretched as they work round the clock to treat those affected. “Our teams are on ground providing aid and coordinating relief efforts,” a senior emergency official said during a televised update. International humanitarian agencies have also indicated readiness to support local efforts if requested.

Authorities have begun assessment of damages with a view to mobilising additional resources for rebuilding affected areas. The coming days will focus on recovery operations and provision of shelter for displaced families, while investigations into the cause and aftershocks continue.

Source: https://www.premiumtimesng.com/news/top-news/890570-32-killed-700-injured-in-venezuela-twin-earthquakes.html

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Nigeria News (Standard)

Onuigbo Pledges Nigeria’s Commitment to Global Climate Partnerships at UK Parliament Event

GLOBE International’s first African president says nation will deepen legislative collaboration on climate action and energy transition

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GLOBE International’s first African president says nation will deepen legislative collaboration on climate action and energy transition

Rt. Hon. Sam Onuigbo, newly inaugurated President of the Global Legislators Organisation for a Balanced Environment (GLOBE International), has assured that Nigeria will sustain and strengthen its engagement in global partnerships focused on climate action and environmental sustainability. Onuigbo made this commitment on Wednesday during his inauguration at GLOBE International’s 35th anniversary ceremony, which took place at the Churchill Room of the UK Parliament’s House of Commons in London.

Onuigbo, a former member of the House of Representatives from Abia State (South-East), became the first African to lead GLOBE International, an organisation dedicated to uniting legislators worldwide around environmental policy. Addressing lawmakers and stakeholders at the event, he pledged that under his leadership, Nigeria and other African countries would work actively within international frameworks to combat climate change and drive energy transition initiatives that yield measurable impact for communities.

According to Onuigbo, GLOBE International has played a significant role over the past three and a half decades in shaping parliamentary responses to global climate challenges. He highlighted that African nations, including Nigeria, are positioned to contribute meaningfully to environmental solutions through enhanced legislative cooperation and adherence to international commitments.

“GLOBE’s achievements in catalysing legislative action on environmental matters are well recognised across continents,” Onuigbo said during his inaugural address. He emphasised that translating environmental commitments into real outcomes for local communities remains a central priority.

The ceremony in London was attended by parliamentarians and climate leaders from various countries, signalling broad support for Onuigbo’s vision. While official statements from opposition parties were not immediately available as at press time, stakeholders within Nigeria’s environment sector have welcomed his appointment as an opportunity to raise the country’s profile in global climate governance. GLOBE International is expected to roll out new programmes targeting stronger collaboration between national parliaments on climate legislation over the coming year.

Source: https://guardian.ng/news/nigeria-to-sustain-global-partnerships-on-climate-action-environmental-sustainability-onuigbo/

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Nigeria News (Standard)

NBS Reports Petrol Price Rises to ₦1,596 Per Litre Nationwide in May

Statistical bureau cites continued inflation as key driver, with experts warning of further hardship for Nigerian households

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Statistical bureau cites continued inflation as key driver, with experts warning of further hardship for Nigerian households

The National Bureau of Statistics (NBS) has disclosed that the average retail price of petrol across Nigeria climbed to ₦1,596 per litre in May 2026. This data, released on Thursday, reflects ongoing pressures on Nigerian consumers amid sustained inflation and currency volatility.

According to figures published by the NBS, the new average marks a significant increase from previous months, highlighting the mounting challenges faced by motorists and businesses who rely on petrol for daily activities. The report did not specify regional breakdowns but indicated that the price hike was observed nationwide during the month under review.

The rise in petrol cost comes at a time when Nigerians are grappling with persistent increases in food prices and transport fares. The NBS had earlier noted that headline inflation stood at 33.7 percent as at April 2026, driven mainly by spikes in energy and import costs due to naira depreciation. Many Nigerians have expressed concern that higher fuel prices will worsen living conditions and erode household purchasing power.

Economic analysts have attributed the latest increase to continued instability in the exchange rate and ongoing market reforms within the downstream oil sector. “If current trends persist, we may see further upward adjustments before year-end,” one industry expert said. The NBS report did not include direct comments from government officials on possible interventions to cushion the impact.

As Nigerians brace for potential further increases, stakeholders in the labour movement have renewed calls for targeted subsidies or social welfare programmes to mitigate hardship among vulnerable groups. The NBS is expected to release more detailed sectoral data on monthly inflation and fuel pricing patterns later this quarter.

Source: https://www.premiumtimesng.com/business/business-news/890568-nigerias-petrol-price-climbs-to-%e2%82%a61596-per-litre-in-may-nbs.html

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