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  By allcitynews.ng  The Ogun State Government has announced the clearance of pension and gratuity arrears owed to workers who retired between 2012 and 2020, just it reaffirmed its commitment to the welfare of retirees. The Economic Adviser and Commissioner for Finance, Dapo Okubadejo, disclosed this on Tuesday during a media parley organised by the Ogun State Ministry of Budget and Planning. The commissioner explained that the backlog was linked to the Defined Benefits Scheme, under which retirees receive monthly pension payments, stressing that the present administration of Governor Dapo Abiodun has not defaulted on pension obligations since assuming office. "Since the inception of this administration, we have not missed a single month of pension payment. What we inherited were arrears tied to the Defined Benefits Scheme," Okubadejo said. According to him, annual pension payments rose from ₦6.7 billion in 2019 to ₦20 billion in 2025, with projections showing a possible incr...

  By allcitynews.ng  As part of efforts to sustain its supply, Dangote has signed a $400 million equipment deal to fast-track refinery expansion Following its  plan for continued supply, Dangote Group has signed a $400 million construction equipment agreement with XCMG Construction Machinery Co., Ltd., one of China’s leading manufacturers of construction machinery, in a move set to accelerate the expansion of the Dangote Petroleum Refinery & Petrochemicals from 650,000 barrels per day to 1.4 million barrels per day, positioning it to become the largest refinery in the world. The agreement will enable the Group to acquire a wide range of advanced construction equipment to support ongoing and forthcoming projects across refining, petrochemicals, agriculture, and large-scale infrastructure development. READ ALSO: Full List: US Freezes Assets Of Nigerians Over Alleged Terror And Cybercrime Links The new equipment will complement existing assets deployed for the ...

   By Owei Lakemfa Information filtered through a few weeks ago, that “a small team” of  United States, US, soldiers were in Nigeria. On Tuesday, February 10, 2026 an additional information was that 200 American soldiers areA being deployed to provide security for the small team. I am sure that soon these 200 would need a thousand US soldiers to give them cover.  The troop numbers are nothing to worry about, except that this was the same story of American involvement in Vietnam. In the 1950s, President Dwight  Eisenhower sent 740 troops to that country. A decade later, President John Kennedy sent 9,000.  Eventually, a total of 2.7 million American troops “served” in the Vietnam War. So, the US tradition of swelling the rivers of its troops is, like we were taught in kindergatten: “Little drops of water forms the mighty ocean.” The Nigerian Defence Headquarters Spokesman,  Samaila Uba, announced that the US troops will not be involved in ...

  By Owei Lakemfa The inaugural lecture of Professor Wole Soyinka in the 1980/81 period at the then University of Ife, now Obafemi Awolowo University, was expectedly explosive. Its title, “The Critic and society: Bathes, Leftocracy and Other Mythologies”, left no one in doubt that this was an ideological offensive. It was the famous writer’s nuclear-powered intellectual attack against Leftists who had asserted themselves as a dominant force in the academic and student circles on campus. Although the missiles were targeted at the Left community led by respected historian, Dr. Segun Osoba, some were also fired at academics who seem to have one leg in the Leftist camp, and the other, outside. A student journal in reporting the lecture and the fireworks had a section on lecturers sitting on the fence. It was a poetic reporting style that ran like: “TP, TP. Take Position, Take Position. Leftocracy or Rightocracy. TP, TP. Take Position, Take Position.” This was dir...

  By allcitynews.ng The Nigeria Deposit Insurance Corporation (NDIC) has intensified efforts to strengthen public trust in the nation’s banking system through enhanced insurance coverage and improved claims settlement processes. This was disclosed at the NDIC Stakeholders’ Town Hall Meeting held in Lagos on Saturday, where representatives of the Central Bank of Nigeria (CBN), financial institutions, trade associations, civil society organisations, academia, students, youth and women groups, as well as members of the media, gathered to discuss depositor protection and financial system stability. Speaking at the event, the Managing Director/Chief Executive of NDIC, Sunday Thomson, represented by the Director of the Bank Examination Department, Adeyinka Olukoya, stressed the importance of addressing widespread misconceptions about the Deposit Insurance System (DIS). He noted that many members of the public remain unclear about the scope, benefits and limitations of deposit insura...

(l-r) OGUNCCIMA President, Lion Niyi Oshiyemi; Representative of Ogun State governor and Commissioner for Industry, Trade and Investment, Mr. Emmanuel Adebola Sofela; Commisioner for Education, Prof. Abayomi Arigbabu and the Permanent Secretary, Ogun State Ministry of Industry, Trade and Investment, Engr. Kehinde Akintomide holding packs of Dangote Sugar, Rice and Salt when they visited the Dangote Group stand during the Dangote Day at the  ongoing Trade Fair in Abeokuta At Gateway Trade Fair, Dangote Charts Bold Course for Agricultural & Industrial Exports , OGUNCCIMA applauds Dangote’s Vision 2030 project   The Pan-Africa Conglomerate, Dangote Industries Limited (DIL) has outlined an ambitious export-driven growth strategy aimed at positioning Ogun State and Nigeria as a whole, as competitive leaders in agricultural and industrial exports. This is just as the Ogun State Chamber of Commerce, Industry, Mines and Agriculture (OGUNCCIMA) commended the Group’s long-term i...