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Political Economist Political Economist is a liberal news magazine with global affiliations. We are proudly pan-Nigeria yet richly spiced with African & global news.

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Political Economist - FG expands cancer funding, local drug production https://politicaleconomistng.com/fg-expands-cance...
11/07/2026

Political Economist - FG expands cancer funding, local drug production https://politicaleconomistng.com/fg-expands-cancer-funding-local-drug-production
The Federal Government says it is expanding funding, local drug production and research to improve cancer prevention, diagnosis and treatment while easing patients’ financial burden. The Director-General of the National Institute for Cancer Research and Treatment (NICRAT), Prof. Usman Aliyu, said this on Saturday in Abuja at the Best of American Society of Clinical Oncology (ASCO) Africa 2026 conference.

Political Economist - Cross River seals 3 private health facilities over quackery, others https://politicaleconomistng.c...
11/07/2026

Political Economist - Cross River seals 3 private health facilities over quackery, others https://politicaleconomistng.com/cross-river-seals-3-private-health-facilities-over-quackery-others
The Cross River Government has announced the sealing of three private health facilities in the state over alleged quackery, non registration, outdated facilities, and lack of minimal standard to function. The sealing was announced by the state’s ministry of health in a statement made available to newsmen in Calabar on Saturday. The statement is signed by Dr.

Political Economist - Navy recovers 43,000 litres illegally refined petroleum products in Rivers https://politicaleconom...
11/07/2026

Political Economist - Navy recovers 43,000 litres illegally refined petroleum products in Rivers https://politicaleconomistng.com/navy-recovers-43000-litres-illegally-refined-petroleum-products-in-rivers
The Nigerian Navy has dismantled another cluster of illegal refining sites and discovered 43,000 litres of suspected illegally refined petroleum products in Rivers. This is contained in an operational report by the Director of Naval Information, Capt. Abiodun Folorunsho, made available on Saturday.

Political Economist - “We feel shortchanged”: Niger Governor Seeks 13.5% Derivation Status Over Hydrodams, Land Mass htt...
10/07/2026

Political Economist - “We feel shortchanged”: Niger Governor Seeks 13.5% Derivation Status Over Hydrodams, Land Mass https://politicaleconomistng.com/we-feel-shortchanged-niger-governor-seeks-13-5-derivation-status-over-hydrodams-land-mass
Governor Umaru Bago of Niger has appealed to the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), to include the state among states benefiting from the 13.5% derivation vote. Bago made the appeal on Friday in Minna when he received a RMAFC delegation on a courtesy visit.

“Niger State usually feel shortchanged for not being considered among the states benefitting from the derivation vote because it hosts four hydrodams and has the highest land mass in the country.

“It has two major rivers, four hydropower dams and produces 60 per cent of the power that is consumed in Nigeria. Unfortunately, we don’t have anything to show for that.

“Year in year out, our communities are ravaged by excess water from these dams, so we want the RMAFC to take that into cognisance and put us all into a derivation formula.

“We need 13.5% derivation.

Political Economist - US-Iran escalation could threaten 2027 oil market surplus, IEA says https://politicaleconomistng.c...
10/07/2026

Political Economist - US-Iran escalation could threaten 2027 oil market surplus, IEA says https://politicaleconomistng.com/us-iran-escalation-could-threaten-2027-oil-market-surplus-iea-says
An escalation of hostilities between the U.S. and Iran could upend the International Energy Agency's forecast of a significant oil market surplus next year, it said on Friday, as global supply jumped in June when the Strait of Hormuz reopened but still lagged pre-war levels. Global oil markets received some respite last month as a peace agreement between the U.S. and Iran facilitated the opening of the Strait, the effective closure of which had taken out as much as 14 million barrels per day of crude flows during the peak of the largest oil supply crisis in history.

Political Economist - 10-Man M**h Cartel, Including 3 Mexicans, Nigerian Kingpin Remanded Over N480B Drug Lab https://po...
10/07/2026

Political Economist - 10-Man M**h Cartel, Including 3 Mexicans, Nigerian Kingpin Remanded Over N480B Drug Lab https://politicaleconomistng.com/10-man-meth-cartel-including-3-mexicans-nigerian-kingpin-remanded-over-n480b-drug-lab
A 63-year-old drug baron, three Mexican nationals, and six other Nigerians have been arraigned before the Federal High Court in Lagos following the dismantling of an industrial-scale super clandestine laboratory. The syndicate is facing an 11-count criminal charge related to the setup of the lab and the production of 2,419.48 kilograms of methamphetamine, valued at over Four Hundred and Eighty Billion Naira (₦480,000,000,000.00) on the international market. The Arraignment and Court Order
In a statement on Friday by the spokesperson of the NDLEA, Femi Babafemi, the 10 defendants appeared before Justice Musa Kakaki on Friday, July 10, 2026.

Political Economist - FG seeks stronger African collaboration to combat illicit wealth, transnational corruption https:/...
10/07/2026

Political Economist - FG seeks stronger African collaboration to combat illicit wealth, transnational corruption https://politicaleconomistng.com/fg-seeks-stronger-african-collaboration-to-combat-illicit-wealth-transnational-corruption
The Federal Government has urged African countries to form stronger institutional collaboration to fight illicit wealth and transnational corruption. Mr. Lateef Fagbemi, SAN, the Attorney-General of the Federation and Minister of Justice, made the call during a seminar in commemoration of the 2026 African Union Anti-Corruption Day on Friday in in Abuja. Fagbemi said, African countries should strengthen mutual legal assistance, intelligence sharing, joint investigations and institutional cooperation to deny criminals safe havens in the region.

Political Economist - Inclusive Governance: Gov. Bago Highlights Appointment of Women as Vice Chairpersons Across all 25...
10/07/2026

Political Economist - Inclusive Governance: Gov. Bago Highlights Appointment of Women as Vice Chairpersons Across all 25 Niger LGAs https://politicaleconomistng.com/inclusive-governance-gov-bago-highlights-appointment-of-women-as-vice-chairpersons-across-all-25-niger-lgas
Gov. Umaru Bago of Niger says appointing women as Vice Chairpersons in all 25 Local Government Areas of the state reflects his administration’s commitment to inclusive governance. The governor stated this at the validation meeting for the draft framework on the domestication of Women Economic Empowerment (WEE) Policy in Minna on Friday. Bago, represented by his Chief of Staff, Abdullahi Gbatamangi, pledged full implementation of WEE Policy in the state to give women a sense of belonging.

“The appointment of women as vice chairpersons in all the 25 local government areas reflects the administration’s commitment to inclusive governance and grassroots development,” he added.

Political Economist - Tinubu celebrates rescue of Oriire abductees, hails security agencies https://politicaleconomistn...
10/07/2026

Political Economist - Tinubu celebrates rescue of Oriire abductees, hails security agencies https://politicaleconomistng.com/tinubu-celebrates-rescue-of-oriire-abductees-hails-security-agencies
President Bola Tinubu has expressed profound joy at the successful rescue of the children and teachers from Oriire community in Ogbomoso, Oyo State, by the security forces. President Tinubu praised the heroic efforts of the security agencies, especially the military, the DSS and the police, for working round the clock in the last 56 days to secure the release of the abducted children and their teachers without any collateral damage and for arresting eight of the abductors and neutralising others. President Tinubu regretted the anguish that the children and their teachers, as well as members of their families and the entire nation, have experienced since the sad occurrence.

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