Rising from its 4th monthly meeting which held at the Calabar Power Plant, Odukpani, Cross River State, operators in the electricity industry have agreed to move towards a more aggressive rollout of metering for all customers. A communiqué issued at the end of the meeting also said the operators committed …
Read More »Lagos-Calabar rail project: Submit a supplementary budget – Senate advises Presidency
The Senate has expressed its willingness to honour President Muhammadu Buhari’s wish for a Lagos-Calabar rail project, which was left out of the original budget and has been the subject of controversy since the weekend. Speaking with journalists on Tuesday after a closed-door session of the senate, Abdullahi Sabi, spokesman …
Read More »CBN seals deal with China’s ICBC on yuan
The Industrial and Commercial Bank of China Ltd (ICBC) , the world’s biggest lender, and the Central Bank of Nigeria, Tuesday, formally signed an agreement on yuan transactions, a Chinese Foreign Ministry official confirmed. “It means that the yuan is free to flow among different banks in Nigeria and the …
Read More »Mile 12 market to be relocated to new site in 6 months – Gov. Ambode
Lagos State Governor, Akinwunmi Ambode, Tuesday, said that traders in the popular Mile 12 Market would be relocated to the new market site in Imota in the next six months. The governor, who inspected the new site proposed for the market, assured that work would commence there in the next …
Read More »Mohammed inaugurates MOPICON Draft Document; decries disunity in movie industry
Minister of Information and Culture, Mr Lai Mohammed, on Tuesday, decried the level of disunity and prevailing structural deficiency in the nation’s movie industry. The minister spoke in Lagos at the inauguration of the Ministerial Committee on Review of Motion Picture Council of Nigeria (MOPICON) Draft Document. He said the …
Read More »President Buhari worries over huge trade imbalance between Nigeria, China; charges stakeholders to reduce trade deficit; insists Nigeria’s future is bright
President Muhammadu Buhari has called on Nigerian and Chinese business communities to work hard to reduce the trade imbalance between the two countries currently in China’s favour. A statement issued in Abuja by Mr Femi Adesina, the Special Adviser on Media and Publicity to the President, said Buhari made the …
Read More »NLNG pays N10.8trn to FG, Joint Venture, shareholders – Omotowa
Managing Director, Nigeria Liquefied Natural Gas (NLNG), Mr Babs Omotowa, Tuesday, said that the company had paid $55 billion (about N10.8 trillion) to the Federal Government, Joint Venture and other stakeholders since 2007. Omotowa made the disclosure at its public presentation of 2016 Facts and Figures to newsmen in Lagos. …
Read More »Alleged N6.9b theft: NAMA boss, others get N20m bail each
ANTHONY OMOH Following last Thursday’s arraignment of officials of the Nigerian Airspace Management Agency (NAMA) accused by the Economic and Financial Crimes Commissions (EFCC) of N6.9billion fraud, the Federal High Court in Ikoyi, Lagos has granted N20m bail to each of the accused. Justice Babs Kuewumi who was in charge …
Read More »Road constructions: Lagos sues for patience, outlines alternative routes for motorists in Abule-Egba, Ajah, others
The Lagos State Commissioner for Works and Infrastructure, Engr. Ganiyu Johnson has solicited for the the patience, understanding and co-operation of motorists and all road users in view of the inconveniences caused by the various road construction work embarked upon by the State Government in different part of the state. …
Read More »Senator Ashafa backs Amaechi on N60bn Lagos-Calabar rail project
Chairman of the Senate Committee on Land Transport, Senator Olugbenga Ashafa (APC, Lagos East), has thrown his weight behind the Minister of Transport, Chubuike Amaechi, insisting that the controversial N60bn Lagos-Calabar rail project was removed from the 2016 budget submitted to the National Assembly. This follows allegations that National Assembly …
Read More »World Bank report upbeat on economic rebound for Nigeria, others
The World Bank Group, Monday, lowered its 2016 sub-Saharan African growth forecast to 3.3 per cent from a previous forecast of 4.4 per cent in October, citing plunging global commodity prices. For Nigeria, it was a glimpse of positive outcome as it was included among the three economies in the …
Read More »Encomiums galore as state government, clerics, monarchs, associates, honour Evangelist Ebenezer Obey @ 74
The Decross Gospel Mission, ‘Headquarters of Praise’ in Iyana Ipaja, Lagos, was filled to capacity, last Sunday, as dignitaries from all walks of life trooped in to felicitate with music legend and General Overseer of the church, Evangelist Ebenezer Obey-Fabiyi, who is in a thanksgiving service to mark his 74th …
Read More »FIFA stops implementation of court order on Pinnick to vacate office
World football ruling body, FIFA, Monday, said it would likely consider as an interference the implementation of Thursday’s reaffirmation of ruling by the Federal High Court in Jos, Plateau State. The court had said its October 2014 ruling must be obeyed. It had nullified the September 30, 2014 election of …
Read More »Petrol tanker drivers deny diverting products
Umbrella body of petrol tanker drivers, the Petroleum Tankers Drivers (PTD) has absolved its members of involvement in diversion of petroleum products to neighbouring countries. This is contained in a statement signed by Abdulkadir Garba, Head, PTD Media Relations, on Monday in Abuja. It said the PTD had been working …
Read More »Minister attempted to pad budget – Reps allege
House of Representatives, Monday, has joined the Senate in accusing the Federal Executive of causing disaffection over the 2016 budget, saying it was the Minister of Transportation that attempted to pad the bill. Speaking with newsmen in Abuja, Chairman of the House’s Committee on Media and Public Affairs, Rep. Abdulrazak …
Read More »Senate to Presidency: Enough is Enough, Sign budget 2016 without further delay; Amaechi must apologise or resign
The Senate Monday, April 11 advised the Presidency to come clean with Nigerians on the 2016 Budget and stop engaging in surreptitious campaigns of calumny against the Senate in order to cover up its serial errors. Reacting to claims in the media credited to the Executive arm of government on …
Read More »(Travelogue) Lest We Should Be The Last By Femi Adesina
If my memory serves me right, the above title is taken from a poem I had studied for secondary school leaving examination 36 years ago. The poem was written by the Ghanaian, Kwesi Brew. Why is the title of the poem relevant now? It came to mind as we were …
Read More »ECOWAS Court unanimously grants Dasuki’s prayers; fixes May 17, 18 for further hearing
Former National Security Adviser (NSA), Col. Muhammed Sambo Dasuki (Rtd) triumphed at the Economic Community for West African States (ECOWAS) Court in the first leg of his court action challenging his alleged unlawful arrest and detention without trial since December last year by the federal government. Against the objection of …
Read More »Dasukigate: Metuh’s move to stall trial rejected … Ordered to enter defence
The National spokesperson of the Peoples Democratic Party, PDP, on Monday April 11, 2016, again attempted to throw another spanner in the wheel of justice at his ongoing trial before Justice E. O Abang of the Federal High Court sitting in Abuja on the seven count charge preferred against him …
Read More »Presidency denies rejecting 2016 budget
Amid reports of conflict between the Executive and the Legislature resulting in the stalling of the 2016 Budget, the Presidency, Monday, said President Muhammadu Buhari did not reject the document. Senator Ita Enang, Senior Special Assistant to the President on National Assembly Matters (Senate), said the President did not reject …
Read More »Pirates attack Turkish cargo ship off coast of Nigeria, abduct six – Navy
Pirates have attacked a Turkish cargo ship off the coast of Nigeria, kidnapping six crew members in a region increasingly hit by piracy in recent years, the Nigerian Navy confirmed, Monday. “All the six Turkish crew members, including the captain of the vessel, the chief officer and the chief engineer, …
Read More »Edo Govt warns Fulani herdsmen, farmers
AGENE GODWIN, Benin Edo State Government has warned Fulani herdsmen and local farmers in the state to maintain the peace or face the wrath of the law, saying the government will neither ban grazing nor ban farming. Speaking during a stakeholders’ meeting to find lasting solution to the lingering crisis …
Read More »Relinquish portfolio as Petroleum minister – Nigerians students tell Buhari
AGENE GODWIN, Benin Students of tertiary institutions under the auspices of National Association of Nigerian Students [NANS] Zone B, Monday, staged a protest against the lingering fuel scarcity in the country and called on President Muhammdu Buhari to relinquish his portfolio as the minister of petroleum They equally urged President …
Read More »Edo Government warns Fulani herdsmen, farmers
AGENE GODWIN,Benin Edo State Government has warned Fulani herdsmen and local farmers in the state to maintain the peace or face the wrath of the law, saying the government will neither ban grazing nor ban farming. Speaking during a stakeholders’ meeting to find lasting solution to the lingering crisis between …
Read More »Presidency, Finance Ministry defer on China loan
A major controversy appears to have surrounded the official trip of President Mohammadu Buhari to China as the Presidency and the Ministry of Finance gave conflicting information on the agenda for the meetings between Nigerian government and Chinese officials currently going on in Beijing, China. The spokesman for the presidency, …
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