Anyaoku, Obaseki Give Conditions for Nigeria’s Restructuring

Hamilton Nwosa
Writer

Ad

Oil Prices Rally as the Geopolitical Risk Premium Rebuilds

Light crude oil futures rose for the week, closing Thursday at $63.52, up $1.54 or +2.48% from last Friday’s close, as geopolitical tensions, bullish inventory data, and renewed demand optimism drove a shift in market sentiment. The recovery followed two weeks of selling pressure and marked a return of bullish interest as supply-side risks reentered…

Japan designates Kisarazu as official hometown for Nigerians

In a landmark move to boost cultural ties and economic cooperation, the Government of Japan has designated the city of Kisarazu as the official hometown for Nigerians wishing to live and work in the country. The announcement was made on Thursday on the sidelines of the Ninth Tokyo International Conference on African Development (TICAD9), held…

FG to raise N200bn through two bond offers at August auction

By Obinna Uballa The Debt Management Office (DMO) has announced plans to raise N200 billion through two Federal Government bond offerings scheduled for auction on August 25, 2025. According to a notice issued by the DMO on Friday, the subscription price for each bond is fixed at N1,000 per unit, with a minimum subscription requirement…

Ad

Former Secretary General of the Common Wealth, Chief Emeka Anyaoku, says that Nigeria will fare better if the on-going call to restructure the country into regions is adhered to.

Anyaoku gave this view yesterday, shortly after paying a courtesy visit to Edo State Governor, Mr. Godwin Obaseki, at Government House, Benin City.

He said that Nigeria’s economy was more viable and rate of development faster when it operated a regional system of government.

He described governor Obaseki as a visionary governor and Edo State is fortunate to have him.

Responding, Obaseki said that given the cost of governance at the centre, restructuring is inevitable if Nigeria must make progress as a country.

He extolled the leadership quality of Chief Anyaoku, stressing that the former top scribe of the Commonwealth stands for good governance and part of the generation that did the nation proud while in office. “He is an international personality who stands for good governance and diplomatic skills,” Obaseki said.

Ad

X whatsapp