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Author Archives: Femi Ige

Oil producing communities demand direct payment of 13% derivation

Oil producing communities demand direct payment of 13% derivation

The oil and gas producing communities of Egbema Kingdom in Warri North council area of Delta State have called on President Muhammadu Buhari to effect the payment of the 13% Derivation Funds directly to oil producing communities. The communities, who are within the OML 40 and 49 areas, in an open letter, addressed to President Buhari, lamented the fact that ... Read More »

Edo Crisis: Obaseki rejects Ganduje Committee,wants President Buhari to set up neutral one

Edo Crisis: Obaseki rejects Ganduje Committee,wants President Buhari to set up neutral one

Edo Governor ,Godwin Obaseki would prefer a reconciliation committee set up by President Muhammadu Buhari instead of  the one recently set up by the APC headquarters. Speaking with our correspondent, an associate of Obaseki who described the committee as “kangaroo”, said they are not interested in the work of the Ganduje committee as it was set up by the APC ... Read More »

Arsenal set sights on Wolves boss Nuno Espirito Santo as coach

Arsenal set sights on Wolves boss Nuno Espirito Santo as coach

Wolves boss Nuno Espirito Santo has emerged as the leading candidate to be Arsenal‘s next manager. The future of Gunners boss Unai Emery is under scrutiny after the club’s poor start to the season. The Spaniard’s position is being considered on a game-by-game basis, and head of football Raul Sanllehi has a long-standing relationship with Nuno’s agent Jorge Mendes. Mauricio Pochettino has ... Read More »

Nigeria must maintain border closures with focus of boosting local economic output – Emiefele Insists

Nigeria must maintain border closures with focus of boosting local economic output, Godwin Emiefele has said after the Nigerian central bank left its benchmark lending rate on hold at 13.5% on Tuesday, after a government decision to close borders with neighbouring countries sent inflation to a 17-month high last month. Central bank Governor Godwin Emefiele told a news conference in ... Read More »

Lending to Nigeria’s Local Manufacturers surge $1.3 billion on Central Bank’s Credit Push

Lending to Nigeria’s Local Manufacturers surge $1.3 billion on Central Bank’s Credit Push

Lending to manufacturers rises to a two-decade high: Emefiele Banks have to boost loan-to-deposit ratios to 65% or risk fine Lending to Nigeria’s manufacturing sector surges $1.3 Billion on central bank policies that have forced lenders to extend more credit to the private sector. Lending to manufacturing companies in Africa’s most-populous country from May to the end of October totaled ... Read More »

Air Peace boss’ ordeal worrying-Ohaneze

Air Peace boss’ ordeal worrying-Ohaneze

The Ohanaeze Ndigbo on Tuesday said it was worried about the United States (U.S.) indictment of Air Peace Chief Executive Officer Allen Onyema and the plan to probe him in Nigeria. Also, Movement for the Actualisation of Sovereign State of Biafra (MASSOB) said the allegations are part of an ongoing plot against the Igbo. Ohanaeze President-General Chief Nnia Nwodo said ... Read More »

The harvest of kidnapping of Catholic priest seems not to have abated in Enugu state as another was abducted Monday night. The priest whose name was given as Reverend Father Malachy Asadu was said to have been kidnapped in Nsukka, along Imilike-Nsukka Road while he was said to be returning from a diocesan meeting held at Therea’s Cathedral, Nsukka. The ... Read More »

$1m scam: EFCC arrests Kirikiri prison chief,medical doctor

$1m scam: EFCC arrests Kirikiri prison chief,medical doctor

The Economic and Financial Crimes Commission (EFCC) on Tuesday said it has arrested the Controller of the Nigerian Correctional Service (NCoS) Kirikiri Emmanuel Oluwaniyi and medical doctor Hemesin Edwin, a Deputy Controller (DC) for their alleged involvement in the $1m scam pulled by a convicted inmate Olusegun Aroke. They were alleged to have given Aroke, a prisoner on 24-year jail ... Read More »

Bayelsa Poll:Presidency defends Jonathan,says nobody blackmailed him

Bayelsa Poll:Presidency defends Jonathan,says nobody blackmailed him

The Presidency has described as “false and irresponsible’’ reports that former president Goodluck Jonathan was blackmailed to support the governing party, APC, in recent Bayelsa State elections. Speaking to newsmen in Abuja on Tuesday, Senior Special Assistant to the President, Media and Publicity, Garba Shehu, expressed shock that such a story could be considered believable to the point of being ... Read More »

Senators kick as Buhari presents NDDC’s  Budget

Senators kick as Buhari presents NDDC’s Budget

There was drama on Tuesday following the presentation of the 2019/2020 budget of the Niger Delta Development Commission (NDDC) to the Senate by President Muhammadu Buhari. Senate President Ahmad Lawan read President Buhari’s letter during plenary. However, Minority Leader of the Senate, Senator Enyinnaya Abaribe, coming under order 43 of the Senate Standing Orders on personal explanation, drew the Senate’s ... Read More »

Obasanjo backs Buhari on border closure,says Benin Republic must mend its ways

Obasanjo backs Buhari on border closure,says Benin Republic must mend its ways

Former President, Chief Olusegun Obasanjo, has urged Nigeria’s west coast neighbour, Benin Republic, to change its ways for a harmonious bilateral relationship between the two countries.Obasanjo made the remark during a news briefing on Tuesday in Addis Ababa on the margins of Policy Dialogue of African Business Associations on Implementing the African Continental Free Trade Area (AfCFTA) Agreements. The two-day ... Read More »

Seriake Dickson faces impeachment as 16 PDP lawmakers make move

Seriake Dickson faces impeachment as 16 PDP lawmakers make move

At least 16 out of the 19 members of the Bayelsa State House of Assembly elected on the platform of the Peoples Democratic Party (PDP) have passed a vote of confidence in the state Governor, Seriake Dickson. The PDP lawmakers, who dominate the House, were said to have met the governor at the Government House Yenagoa to reaffirm their loyalty ... Read More »

Court grants Faisal Maina N60m bail

Court grants Faisal Maina N60m bail

The Federal High Court, on Tuesday, admitted Faisal Maina, son of Abdulrasheed Maina, ex-pension reform boss, to a bail in the sum of N60 million. Justice Okon Abang, who gave the ruling, also said the defendant should produce a surety, who must be a member of the House of Representatives in the like sum. Read More »

FUTA  expels six students who brutalized colleague for calling them ‘runs girls’

FUTA expels six students who brutalized colleague for calling them ‘runs girls’

The Federal University of Technology Akure, FUTA has expelled six students over the bullying of a fellow student. The expulsion was contained in a statement issued by the Institution’s Deputy Director, Corporate Communications, Adegbenro Adebanjo on Tuesday. According to Adegbenro, the expulsion is sequel to the recommendation of an investigative panel which probed the incident that took place in an ... Read More »

NPA, NIWA clash imminent as cargo evacuation by barges stirs divergent views

NPA, NIWA clash imminent as cargo evacuation by barges stirs divergent views

Stakeholders have called for urgent action against use of rickety and unworthy sea barges and tugboats in the evacuation of containerized cargo from the Lagos seaports to Ikorodu and Epe lighter terminals; while expressing worry about possible clash between relevant agencies of government in addressing the issues rather than engage unproductive official grandstanding. This is coming on the heels of ... Read More »

Zulum wins NUJ’s ‘Most Promising Governor’ ‎Award

Zulum wins NUJ’s ‘Most Promising Governor’ ‎Award

*’Why he emerged too early’ By: INUSA NDAHI, MAIDUGURI Borno Governor, Professor Babagana Umara Zulum has won the Nigeria Union of Journalists’ 2019 Award, for “Most Promising First Term Governor in Nigeria”, An honour the NUJ said was in recognition of the Governor’s “shocking performance” that topped a nationwide comparative assessment carried out by the group of journalists. ‎”Normally, the ... Read More »

SEC seeks partnership on capital market growth

SEC seeks partnership on capital market growth

Chairman, Securities and Exchange Commission (SEC) Olufemi Lijadu has called for concerted efforts to strengthen the capital market to attract foreign investors. Making the appeal while addressing the 2019 Pearl Awards and Public Presentation of the 2020 Nigerian Stock Market Annual in Lagos, Lijadu said all hands must be on deck to enhance and promote professional standards in the securities ... Read More »

BORNO AF-NSHIP TRAINS HEALTH WORKERS IN 15 LGAs ON WASTE MANAGEMENT

BORNO AF-NSHIP TRAINS HEALTH WORKERS IN 15 LGAs ON WASTE MANAGEMENT

By:INUSA NDAHI, MAIDUGURI Borno State Primary Health Care Development Agency (BOSPHCDA) and the Additional Financing- Nigeria State Health Investment Project (AF-NSHIP), a World Bank assisted Project has organized another weeklong Training on Health Care Waste Management (HCWM), Essential Drugs Management (EDM) and Financial Management (FM) for Focal Persons and Supervisors in newly contracted General Hospitals, Primary Health Care  (PHC) facilities ... Read More »

Mompha pleads not guilty to money laundering

Mompha pleads not guilty to money laundering

An Internet celebrity, Ismaila Mustapha, also known as Mompha, has denied involvement in a N33billion money laundering charge filed against him by the Economic and Financial Crimes Commission (EFCC). Mompha pleaded not guilty to a 14-count charge bordering on the offences following his arraignment at the Federal High Court, Ikoyi, Lagos by the EFCC.Justice Mohammad Liman remanded him in prison ... Read More »

Akeredolu:Don’t gag the press,warns against death penalty for hate speech

Akeredolu:Don’t gag the press,warns against death penalty for hate speech

Gov. Oluwarotimi Akeredolu of Ondo State on Monday in Ilorin criticised the proposed capital punishment clause in the hate speech bill before the National Assembly. Akeredolu expressed his views while delivering an address at the Biennial Conference of the Centre for Peace and Strategic Studies (CPSS) of the University of Ilorin. The governor spoke on the theme:” Domesticating Sustainable Development ... Read More »