Nigeria derived no benefit from previous devaluations of the Naira – President Buhari
President Muhammadu Buhari insisted Friday in Abuja that he was yet to be convinced that the vast majority of ordinary Nigerians will derive any tangible benefit from a devaluation of the Naira. Speaking at a meeting with members of the Council of Retired Federal Permanent Secretaries, President Buhari said that …
Read More »Gov. Ambode meets management of National Inland Waterways; Wife pays condolence visit to the Adepitans
VP Osinbajo reaffirms FG’s commitment to rebuilding Nigeria police
Vice President, Prof. Yemi Osinbajo, has reaffirmed the commitment of the Federal Government finding a lasting solution to the challenges of inadequate funding, training and other challenges facing the Nigeria Police Force with a view to making it rise to its position as the lead security agency. Osinbajo who made …
Read More »Gunmen abduct Osun permanent secretary, director, driver in Kogi
Unidentified gunmen, Friday, abducted the Permanent Secretary in the Osun State Ministry of Finance, Budget and Economic Planning, Mrs. Adebimpe Ogunlumade. A statement from the state’s Head of Service, Sunday Olayinka Owoeye, said Ogunlumade was kidnapped along with her driver, Oladapo Arogundade Ajani and a Director from the ministry, Tajudeen …
Read More »Bauchi records 61 maternal deaths
From: Ruth David, Bauchi The National Technical Advisor of Mamaye Evidence 4 Action, Mr. Oko Igado, has disclosed that about 61 women died during child birth in various health facilities across Bauchi state from August to December 2015. Mr. Igado said this while presenting 2015 Bauchi Maternal Death Record scorecard …
Read More »N29bn fraud: Court adjourns Nyako’s trial to May 6
The Economic and Financial Crimes Commission, EFCC, on Friday, April 22, 2016 presented its fifth witness in the ongoing trial of a former governor of Adamawa State, Murtala Nyako, his son, Senator Abdul-Aziz Nyako, Abubakar Aliyu and Zulkifikk Abba. Nyako and the others are standing trial before Justice E. Chukwu …
Read More »Court affirms jurisdiction to try Rickey Tarfa …….Commences trial May 20.
Justice A. A. Akintoye of the Lagos State High Court sitting in Igbosere on Friday, dismissed an application filed before the court by Rickey Tarfa, SAN, challenging the jurisdiction of the court and seeking an order to quash the 27-count charge bordering on alleged willful obstruction of authorized officers of …
Read More »How Nwobike paid N750,000 into Justice Yunusa’s account – Witness
A witness in the ongoing trial of Dr Joseph Nwobike SAN, who is standing trial for allegedly bribing a Federal High Court judge, Friday told a Lagos State High Court sitting in Igbosere, how the senior lawyer paid N750,000(Seven Hundred and Fifty Thousand Naira) into Justice Mohammed Nasir Yunusa’s bank …
Read More »NIMASA champions resolution of dockworkers’ terminal benefit
Disengaged dockworkers at the ENL Terminal would now be paid their terminal benefits in line with the contents of the current bargaining agreements contained in the National Joint Industrial Council (NJIC) document. This is sequel to the intervention of the Director General of the Nigerian Maritime Administration and Safety Agency …
Read More »Governor Wike dissolves Local Government Caretaker Committees
Rivers State Governor, Nyesom Ezenwo Wike has dissolved all the 23 Local Government Caretaker Committees with immediate effect. A statement issued by Simeon Nwakaudu, Special Assistant to the Governor on Electronic Media, directed the Caretaker Committee Chairmen to hand over to their respective Heads of Personnel Management, HPM. The governor …
Read More »Boosting electricity power supply in Nigeria BY UCHE ANEKE
The administration of President Muhammadu Buhari has in recent times faced criticisms by some Nigerians who engage in a debate on seemingly low pace in meeting the expectations of the people in terms of providing their electricity needs. While some people believe that it will take quite some time before …
Read More »Edo Assembly, Oshiomhole on war path over tenure of LG chairmen
The Edo House of Assembly and Gov. Adams Oshiomhole, have disagreed over the resolution on tenure of local government chairmen passed by the legislature. On April 18, the House passed a resolution directing LG chairmen to hand over administration to their respective council’s heads at the expiration of their three-year …
Read More »I have not endorsed a foreign coach for Super Eagles — Dalung
Minister for Youth and Sports Solomon Dalung said, Thursday, he was yet to give his consent for the recruitment of a foreign coach for the Super Eagles. Dalung stated this while speaking with newsmen in Lagos. The minister, who was speaking against the backdrop of reports that the ministry had …
Read More »Rio 2016 Olympic Torch Relay gets underway
The Olympic flame for the Olympic Games Rio 2016 was lit, Thursday, in Ancient Olympia, Greece during a ceremony organised by the Hellenic Olympic Committee (HOC). The lighting marks the symbolic start of the Olympic Torch Relay, which will see the flame travel for six days and 2,235 kilometres around …
Read More »Union Bank posts N17.7bn PAT for 2015; targets 60% cost to income ratio in 2016
Union Bank of Nigeria (UBN), Thursday said it was targeting cost to income ratio of 60 per cent for the financial year ending December 31, 2016. Mr Emeka Emuwa, the bank’s Chief Executive Officer, stated this at the company’s ‘facts beyond the figures’ at the Nigerian Stock Exchange (NSE) in …
Read More »Revenue drops by N39bn; as FG, states, LGs share N299.7bn in March
Minister of Finance, Mrs Kemi Adeosun, Thursday, in Abuja said that N299.7 billion was shared among the federal, states and local governments as revenue for March 2016. Adeosun, who was represented by the Permanent Secretary, Ministry of Finance, Mr Mahmoud Isa-Dutse, announced this while addressing newsmen on the outcome of …
Read More »Rio Olympics: We’re not afraid of Ibrahimovich, Rodriguez – Siasia; gives home-based players Monday deadline to report
National U-23 team coach Samson Siasia, has insisted that any of the invited home-based players who fails to report to camp by Monday should not bother coming to camp again. In a report on the website of the Nigeria Football Federation (NFF) on Thursday, Siasia said the national under-23 male …
Read More »Debt reconciliation: FG issues two-week ultimatum to Arik, FAAN, NAMA to resolve impasse
ANTHONY OMOH Federal Government has given a two-week ultimatum to Federal Airports Authority of Nigeria (FAAN) the Nigerian Airspace Management Agency (NAMA) and domestic airline, Arik Air to resolve all debt issues involving the airline as alleged by unions. The Minister of State for Aviation, Senator Hadi Sirika, gave the …
Read More »JTF vows to rid Niger Delta of pipeline vandals
CHINEDU WOSU, Yenagoa Joint Military Task Force (JTF) in the Niger Delta, codenamed Operation PULO SHIELD, has vowed to crack down on pipeline vandals and economic saboteurs in the region and warned suspected perpetrators to steer clear of oil installations. The command which is saddled with the mandate of protecting …
Read More »Gov. Dickson seeks Buhari’s intervention over tax evasions by oil firms
CHINEDU WOSU, Yenagoa Bayelsa State Governor Seriake Dickson has formally sought the intervention of President Mahammadu Buhari over tax evasion by multinational oil companies operating in the state. Dickson who described tax evasion as ‘flagrant disregard to laws and non-compliance with the rules and regulations of the country,’ listed defaulting …
Read More »NDDC to terminate Ambrose Ali University hostel contract
The Acting Managing Director of the Niger Delta Development Commission, NDDC, Mrs. Ibim Semenitari, has ordered the commencement of legal processes towards terminating the contract for the construction of a 522-bed space prototype hostel at the Ambrose Ali University in Ekpoma, Edo State. Giving the directive on Wednesday, after inspecting …
Read More »Govs Ambode others at National Economic Council, NEC, meeting
States debt repayment deferral– Not a bail out, just a responsive measure by the Federal Government
The Federal Government has deferred obligatory repayments due to it from the states in respect of their restructured loan obligations for the month to allow the states room to pay salaries. According to a statement by the Federal Ministry of Finance, this move is a consequence of the very low …
Read More »Shell, NDDC pledge to complete N24 b Ogbia-Nembe Road urgently
The partners implementing the Ogbia–Nembe road project in Bayelsa State have vowed to complete it as scheduled, despite the recent killing of two soldiers and the kidnapping of an expatriate worker at the site. The N24 billion road project, is being implemented by the Niger Delta Development Commission, NDDC, and …
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