President Muhammadu Buhari, Thursday, charged all public officers in the country to justify the confidence reposed in them by carrying out their duties satisfactorily, just as he also announced the appointment of a new Chief Personal Security Officer (CPSO) to his office. Buhari added that the need to raise their …
Read More »Monthly Archives: June 2016
Political parties demand resignation of NSA, EFCC acting chairman within 7 days over committee member’s arrest
Political parties in the country under the aegis of the Conference of Nigeria Political Parties (CNPP) have demanded the resignation of the National Security Adviser (NSA), Maj. Gen. Mohammed Babagana Monguno (rtd), and that of the acting Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ibrahim Magu within …
Read More »Dangote Group receives more dollar allocations in Nigerian currency squeeze — Report
When the government restricted the supply of dollars in June 2015 to prop up the value of the Nigerian naira, firms owned by Dangote landed a healthy share of dollars available at the cheap official rate, a study by Reuters shows. Reuters examined foreign currency transactions made during an 11-week …
Read More »Nigeria’s distributable revenues hit N305bn in May – Adeosun
Minister of Finance, Mrs Kemi Adeosun, Wednesday, disclosed that Nigeria’s distributable revenues to the three tiers of government rose in May to 305 billion naira ($1.07 billion), up from 281.5 billion in April, and further boosted by higher oil prices and tax revenues. Nigeria, an OPEC member with Africa’s biggest …
Read More »Late Keshi to get state burial July 29; as Sports minister proposes 20-man national committee
Minister of Youth and Sports, Solomon Dalung, has disclosed that a 20-man national committee for a state burial that will comprise family members, the Nigeria Football Federation, the Ministry of Youth and Sports, stakeholders including coaches, administrators, ex footballers, the media and representatives of Delta and Edo states has been …
Read More »I will not fail Nigerians – Acting IGP Idris reels out agenda
The Acting Inspector General of Police (IGP), Ibrahim Idris, Wednesday, unveiled his plans for the organisation. Idris spoke after receiving the handover note from his predecessor, Solomon Arase. The ceremony took place at the Force Headquarters in Abuja. “The Nigeria Police will have as its main focus, integrity and accountability …
Read More »FG drags Anambra govt to Supreme Court over illegal land acquisition; claims N50bn for damages
The Federal Government has dragged the Anambra State Government to court in a N50 billion lawsuit over illegal land acquisition. The Federal Government, in the suit filed at the Supreme Court, had alleged that the Anambra state Government revoked 148.337 hectares of land at Amansea, in Awka North Local Government …
Read More »AMCON seals off Silverbird Group’s assets in P/H, Lagos, Abuja over N11bn debt; We will bounce back – Murray-Bruce reacts
The Asset Management Corporation of Nigeria (AMCON), Thursday morning, sealed off the Port Harcourt, in Rivers state, Abuja and Lagos premises of the Silverbird Group belonging to the senator representing Bayelsa East Senatorial District at the senate, Ben Murray-Bruce. The companies affected by the takeover include; the Silverbird Galleria Limited, …
Read More »Senate panel moves to amend controversial Standing Orders
A 12-man Senate Committee on peace and reconciliation, has asked the upper chamber to immediately initiate an amendment of the Senate Standing Orders. The Committee chaired by Senator James Manager (Delta South) also recommended that the Senate Standing Orders must be respected and adhered to in the working of the …
Read More »Nobody is planning any coup in Nigeria — Army dispels rumours
The Nigerian Army has described reports credited to a militant organization of an impending coup by some disgruntled soldiers in the country as a ‘campaign of calumny and distraction by faceless criminal gang of economic saboteurs.’ A militant group, the Joint Niger Delta Liberation Force (JNDLF) alleged, Wednesday, that some …
Read More »Nigeria cuts off gas supply to Ghana
Nigeria has suspended the flow of natural gas to Ghana over unpaid bills, local media reported on Wednesday, saying an amount of some USD 180 million was outstanding. News outlets reported that Ghana’s state-owned Volta River Authority owes N-Gas, which in turn is in arrears to the West African Pipeline …
Read More »CAN appeals against Hijab ruling; seeks stay of execution
The Osun State chapter of the Christian Association of Nigeria (CAN), has filed an appeal against the High Court ruling on dress code which has sparked off controversy in public schools in the state. CAN is seeking a stay of execution against the judgment of an Osun State High Court …
Read More »War against corruption will be vigorously sustained – President Buhari
President Muhammadu Buhari, Tuesday in Abuja, pledged that his administration’s ongoing war against corruption will be vigorously sustained to rid the country of the debilitating effects of the wanton looting of public funds in past years. According to a statement by Femi Adesina, Special Adviser to the President (Media & …
Read More »Magu assures Cameroon of support in asset recovery
The acting Chairman, Economic and Financial Crimes Commission, EFCC, Ibrahim Magu, has expressed the readiness of the Commission to assist the Cameroonian government in the area of asset tracking and recovery. Speaking on Wednesday, June 22, 2016 when he received a five-man delegation from Cameroon in his office, Magu said:‘‘The …
Read More »Stakeholders laud Ortom’s Town Hall meetings
Major Stakeholders in the six local government areas which form two intermediate areas in the Tiv speaking part of Benue State known as Sankera and Jemgbagh have lauded Governor Ortom for initiating the Town Hall meetings across the state. Prominent sons and daughters from the six council areas of Katsina-Ala, …
Read More »Dasuki did not fund my campaign – Fayose
Governor Ayodele Fayose of Ekiti State says Zenith Bank Plc and other private donors funded his 2014 governorship campaign. He, therefore, stated that linking him with embattled former National Security Adviser, Col. Sambo Dasuki (retd) was nonsensical. Fayose said this in a statement on Wednesday while reacting to an allegation …
Read More »Minister wants Chinese TV, Cinemas to show Nigerian films
The Minister of Information and Culture, Alhaji Lai Mohammed, has urged the Chinese authorities to facilitate the showing of Nigerian films on television and in cinemas across the Asian country as part of efforts to strengthen the relations between the two countries. The Minister made the call in Beijing on …
Read More »I know nothing about alleged forgery, says Saraki
Senate President, Dr. Abubakar Bukola Saraki, Wednesday maintained he knows nothing about how the rules adopted in the inauguration of the Eighth Senate on June 9, 2015 was formulated. He said the on-going efforts to drag him into a case of forgery before the Federal Capital Territory (FCT) High Court, …
Read More »Edo APC primary: More protest trails Obaseki’s emergence as Oshiomhole’s aide rejects outcome
AGENE Godwin, Benin More condemnation has continued to trail last Saturday’s Governorship primary of the All Progressives Congress, APC, which produced Godwin Obaseki as its flag-bearer for the September 10th Governorship election. An aide to Governor Adams Oshiomhole, Mrs Evelyn Igbafe, who doubles as the Executive Director on Poverty Alleviation …
Read More »George and Ojiugo Ibe’s wedding in the US (New pictures)
Safer mining practice: Federal Government opens talks with Australia
The Federal Government has opened discussion with the Australian government on safer mining practice in the country’s minerals sector. The discussion is aimed at getting the support of the Australian government in the area of environmental safety and safety of miners, as government focuses attention on the mining sector in …
Read More »(Review) Using foreign debt resources to turn around ailing economies with idle capacity
Title: From Economic Downturn to Turnaround & Prosperity; Strategy for Economies hit by Recession but which have Idle Capacity Author: Dr. Abraham Nwankwo Reviewer: Simon Ibe A new book by Dr. Abraham Nwankwo, the Director General, Debt Management Office, DMO, has, in great detail, outlined how Nigeria, and other countries …
Read More »Residents laud Ambode over repair of Oshodi-Apapa Expressway (See pictures of the five weeks wonder)
A cross section of Lagos State residents on Wednesday lauded the State Governor, Mr. Akinwunmi Ambode for keeping to his promise of repairing the failed portions of Oshodi-Apapa Expressway, saying that the development has transformed the economic landscape of the axis. Governor Ambode, had about five weeks ago, made an …
Read More »Boko Haram split over Islamic State ties — U.S. General warns
Terrorist group, the Boko Haram has fractured internally, with a big group splitting away from shadowy leader Abubakar Shekau over his failure to adhere to guidance from the Iraq- and Syria-based Islamic State, a senior U.S. general said, Tuesday. Marine Lieutenant General Thomas Waldhauser, the nominee to lead the U.S. …
Read More »National maritime carrier: Amaechi approves committee’s report
Minister of Transportation, Mr Rotimi Amaechi, has approved the report of the Ministerial Committee on modalities for the establishment of the Nigerian fleet in the maritime sector. Amaechi, while receiving the report of the committee in Abuja, pledged to provide the necessary instrument for the implementation of the recommendations of …
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