The Economic and Financial Crimes Commission (EFCC), Thursday, closed its case against Opeyemi Ajuyah, Majope Investment, Abdullahi Alao, Axenergy, and Olarenwaju Olalusi who are standing trial in a N789 million subsidy scam. At the resumed hearing of the case on Thursday, prosecuting counsel, S.A. Ateh, presented a witness: Irene Moses …
Read More »Monthly Archives: October 2015
Man bags 6 months in jail for N2.1m stock trading fraud
The Economic and Financial Crimes Commission (EFCC), Thursday, October 22, 2015, secured the conviction of one Bashir Olumuyiwa, Managing Director, Asset Multipliers and Growth Concept Limited, before Justice Abubakar Idris Kutigi of the Federal Capital Territory High Court, Abuja. The convict was arraigned on May 21, 2015 on an amended …
Read More »Gov. Obiano’s wife presents 80 wheelchairs to the physically-challenged
No fewer than 80 physically-challenged persons were rewarded with free wheelchairs by the wife of the governor of Anambra State, Chief Mrs. Ebelechukwu Obiano, as part of her commitment to the empowerment and welfare of the less privileged persons in the society. Making the presentation at the Governor’s Lodge Amawbia, …
Read More »(Feature) Nigeria’s notorious baby factories
The government of Africa’s most populous country is trying to crack down on this hideous trade, which may include the sale of children for use in rituals. By Philip Obaji Jr. Eze, as we’ll call him, is an agent involved in Nigeria’s notorious baby trafficking ring. In a local restaurant …
Read More »Ajaokuta steel company needs $1.1bn for rehabilitation — Group
The African Iron and Steel Association, has said that about 1.1 billion dollars would be required to revive the Ajaokuta Steel Company in Kogi State. Secretary-General, of the association, Sanusi Mohammed, said, Thursday in Abuja that the association estimated that the sum would be used for the internal and external …
Read More »Airlines operating in Nigeria earned N10.5bn from ticket sales in 7 months –NCAA
The Nigerian Civil Aviation Authority (NCAA), Thursday, said that foreign and domestic airlines operating in the country sold N10.5 billion tickets to their passengers between January and July, 2015. The Director-General of NCAA, Capt. Usman Muhtar, said this while speaking at the 21st Annual Seminar of the League of Airport …
Read More »INEC: Decisions taken by Zakari remain invalid – Fayose; insists Nigeria headed for ‘legal quagmire’
Ekiti State Governor, Mr Ayodele Fayose has claimed that decisions taken by the former acting National Chairman of the Independent National Electoral Commission (INEC), Hajia Amina Zakari, remained invalid due to the unconstitutional nature of her appointment. Reacting to the Wednesday’s appointment of Professor Mahmud Yakubu by President Muhammadu Buhari, …
Read More »6 confirmed dead in Maiduguri mosque suicide bomb attack, as culprits’ accomplices flee
Two accomplices of the lone suicide bomber who Friday morning successfully attacked a mosque in Maiduguri, capital of Borno State, are currently on the run after escaping from the scene of the incident, a report from the area said. “The explosion was carried out by a suspected lone suicide bomber …
Read More »Amnesty Int’l accuse Guinea govt of shooting unarmed citizens, fatal beatings
Security forces have killed at least three people in election-related violence in Guinea’s capital city Conakry, including two who were shot in the back and one who was beaten to death, Amnesty International revealed Friday. Three others were killed in Conakry, and at least 80 injured, in clashes between supporters …
Read More »Electricity tariff set for 40% rise by November — NERC
Nigeria plans to increase electricity rates by as much as 40 percent for some customers next month as a fall in the value of the naira and rising costs hinder efforts to end daily blackouts in Africa’s largest economy. “We are working on the numbers and going through the processes,” …
Read More »(OPINION) Six lessons we have learnt by Reuben Abati
The democratic experience in Nigeria has definitely been a continuing learning curve, and the more lessons we learn at various active centres: people, platforms and processes, the richer our democracy, the stronger the society evolves to deliver a brighter future for the sovereign. The greatest residue of our democracy in …
Read More »IMF presses Nigeria to devalue naira currency
The International Monetary Fund (IMF) is pressing Nigeria to further devalue its naira currency amid uncertainty over the political and economic outlook for Africa’s biggest oil producer and economy. Analysts said there is disappointment that President Muhammadu Buhari’s long-awaited Cabinet list, five months in the making and still not finalized, …
Read More »DMO boss congratulates GOCOP on its launch
The Director General of the Debt Management Office, Dr. Abraham Nwankwo, has said the online news platform is a critical component of the development of the country. He said over 55 per cent of what happens to a nation’s economy is about perception. He said since that perception is largely …
Read More »Online publishing comes with its own responsibilities – Ogunshola; as Adesina, Leo Stan Eke, harp on need for responsible online journalism
A former Chairman of the Punch newspapers, Chief Ajibola Ogunshola, has said the practice of online journalism comes with its own responsibilities. This is also as the Special Adviser to President Muhammadu Buhari on Media and Publicity, Mr. Femi Adesina, and Chairman of Nigeria’s leading computer hardware indigenous company, Zinox …
Read More »Sokoto APC caucus meets with ministerial nominee
As a follow-up to the meeting held by President Muhammadu Buhari with Sokoto State Governor Aminu Waziri Tambuwal and Senator Aliyu Magatakarda Wamakko over the choice of Sokoto’s ministerial nominee, Ms. Aisha Abubakar, an enlarged gathering of All Progressives Congress (APC) stakeholders, Thursday, 22/10/2015, received in audience, the Sokoto nominee …
Read More »91 companies tender bid for NNPC Coastal, Bunkering Vessels Service contract; as Kachikwu reaffirms commitment to transparency
The Nigerian National Petroleum Corporation (NNPC), Thursday, embarked on the public harvesting of technical bids submitted by a total of 91 companies consisting largely of indigenous vessel owners vying to secure contract for the provision of Coastal and Bunkering Vessel Services for the operations of the Pipelines and Products Marketing …
Read More »Bauchi police nab woman, 30, for abandoning own 6 day-old baby
RUTH DAVID, Bauchi The Bauchi State Police Command has arrested a 30 year-old woman, Zainab Tukur, for allegedly abandoning her six day-old baby girl in a deep hole beside a tree before fleeing. The incident occurred in Ganjuwa Local Government Area of the state. Reports say the mother wrapped the …
Read More »Nigeria will work towards implemention of ECOWAS Protocol on axel load control – FRSC boss assures
The Corps Marshal of the Federal Road Safety Corps (FRSC), Boboye Oyeyemi who is also the Chairman of the National Committee on the implementation of the ECOWAS policy on axle load control has assured that Nigeria will work for the implementation of the policy, not only in the country, but …
Read More »EFCC arraigns businessman over failure to declare $2.9m, another for $2.4m
The Economic and Financial Crimes Commission (EFCC), Thursday, arraigned one Ojukwu Nnamdi Rowland before Justice Ibrahim Buba of the Federal High Court, Lagos on one count charge bordering on bulk cash movement and money laundering. Rowland was alleged to be in possession of US$2,917,272 (Two Million, Nine Hundred and Seventeen …
Read More »Over 560 women die annually during child delivery — Group
RUTH DAVID, Bauchi The State Coordinator, Evidence for Action (E4A), Ahmed Mohammed Ahmed has lamented the increase in national mortality rate from 547 to 567 in every life births in the country. Ahmed Mohammed revealed this during a meeting to strengthen the existing MamaYe Youths Clubs Activist o solicit the …
Read More »Group debunks claims of lopsidedness in FG’s appointment of Borno indigenes
ABDULLAHI MARI, Maiduguri A group, the Concerned Citizens of Southern Borno Senatorial District (CCSBSD), comprising members of all political parties, has condemned comments credited to Elder Bitrus Mshelia and Bukar Mala Bukar, that the Borno Central and Northern zones are marginalized in political appointments at the federal level in Borno …
Read More »I was not posted to Bayelsa on ‘political factor’ – New police commissioner explains
NEDU MARK, Yenagoa Ahead of the 2016 governorship elections in the state, the Bayelsa Police Command, Thursday, pledged to combat all forms crime and criminality in the state. This is even as the newly-deployed police commissioner in the state distanced himself from political factors in his deployment. The police command also …
Read More »Finally, Amaechi gets senate’s nod; as Saraki moves ministerial nominees’ screening to Tuesday
After three postponements, the former governor of Rivers State, Chibuike Amaechi, eventually took his turn to be screened at the floor of the Nigerian Senate, Thursday, along with four other ministerial nominees. This is as the Senate President, Bukola Saraki, adjourned till Tuesday, October 27, for further screening of ministerial …
Read More »Lagos seals off 6 companies for tax evasion; moves to prosecute defaulters
The Lagos State Internal Revenue Service (LIRS), Thursday sealed up six companies for non remittance of taxes due to the state government totaling over N50million. The defaulting companies (Nicon Town Management Company with a tax liability of N36,053,652.89, Marketing Mix and Company Limited with a liability of N10,712,914.15, Hope Valley …
Read More »Gov. Ugwuanyi govt extends housing scheme for workers to local governments
Governor Ifeanyi Ugwuanyi of Enugu State has affirmed his readiness to engage the Federal Mortgage Bank in a strategic partnership to actualize his administration’s drive to provide houses to the state’s workers. The governor further disclosed that he had already approved extension of his housing scheme programme for workers to …
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