News
Buhari Can’t Fix 16 Years Rot of PDP in 15 Months – Oshiomole
Edo State Governor, Comrade Adams Oshiomole was a guest on Channels TV at the weekend where he spoke on the economic recession in the country, Edo governorship election and other salient issues. Independent
Do not increase fuel price, improve economy, TUC tells FG
The Trade Union Congress of Nigeria (TUC) on Tuesday said that instead of planning to increase the pump price of fuel, the Federal Government should improve people’s living conditions.
The TUC President, Mr Bobboi Kaigama and its Acting General-Secretary, Mr Simeso Amachree, in a statement on Tuesday in Lagos, vowed to resist any form of fuel increase above N145. Vanguard
Pro-Buhari Protesters “attack” BBOG, say advocacy, a scam
The Bring Back Our Girls BBOG movement, perhaps got what they did not bargain for, Tuesday, as they clashed with some pro-Buhari protesters in Abuja who insisted that the advocacy to rescue the 218 abducted Chibok school girls was a scam sponsored to frustrate the administration of President Muhammadu Buhari.
The altercation ensued as the #BBOG forced their way through a first police barricade around the Ministry of Justice, and tried to head closer to the presidential villa. Vanguard
Edo: You are envious of my achievements — Oshiomhole tells PDP’s Ize-Iyamu
The Edo State Governor, Comrade Adams Oshiomhole has stated that the governorship candidate of the Peoples Democratic Party, PDP, Pastor Osagie Ize-Iyamu is jealous of his numerous accomplishment in eight years, which the PDP government failed to achieve in 10 years. Independent
Ekiti to refund over-deduction from workers’ salaries
Ekiti State Government will within the next few days’ refunded money over-deducted from the salaries of workers for car, housing and computer loans.
This followed the submission of the report by a committee set up by the State Governor, Mr Ayodele Fayose that looked into the matter.
Speaking on an interview programme on radio and television in Ado-Ekiti, Governor Fayose also promised that the legacy projects embarked upon by his administration would be completed as scheduled. Vanguard
Business News
NCC to license five Infrastructure companies
The Nigerian Communications Commission (NCC) on Tuesday said it would soon commence the second phases of the licensing of five new Infrastructure Companies (InfraCos) in the country, to bridge existing broadband gap.
The Director, Public Affairs of NCC, Mr Tony Ojobo said in a statement that the licensing of the five InfraCos would bring to seven, the total number of companies issued with the license.
“NCC on behalf of the Federal Government announces its intension to commence Phase 2 – license of Infracos for North East, North West, South-South, South West and South East zones. The Nation
Nigeria’s second quarter trade rises by 49% to N3.9tn
The National Bureau of Statistics on Tuesday released the merchandise trade statistics for the second quarter of this year with the country recording a 49 per cent increase in trade from N2.65tn in the first quarter to N3.94tn.
The bureau in the report made available to our correspondent stated that the increase in trade was as a result of a rise of N725.6bn in the value of imports against what was recorded in the preceding quarter.
It said as a result of the improvement in second quarter trade, the country’s negative trade balance has now reduced by N154.8bn to N196.5bn. Punch
News
Petrol Price Hike on Hold, Buhari Meets Kachikwu, Baru
Nigerians may heave a sigh of relief as the federal government said Monday that an increase in the price of petrol was not yet on the card in spite of the clamour for a hike by marketers of the product.
Relief came the way of Nigerians through separate statements by the Minister of State for Petroleum, Dr. Ibe Kachikwu, and the Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, who, after a meeting with President Muhammadu Buhari at the Presidential Villa, Abuja said the issue was not on the agenda. Thisday
Boko Haram: Wanted Journalist, Salkida Arrested by DSS at Abuja Airport
Ahmed Salkida, the journalist who was declared wanted along with two others – Ahmed Bolori and Aisha Wakil – by the Nigerian Army over Boko Haram’s latest video, was yesterday arrested by the security operatives.
Salkida, who arrived the Nnamdi Azikiwe International Airport in Abuja aboard Emirates flight EK 785, was said to have been arrested from the door of the aircraft.
The News Agency of Nigeria (NAN) gathered that following a conversation between him and a passenger on-board the flight, Salkida had said he knew he would be arrested because he had been declared wanted by the Department State Services (DSS). Thisday
Enugu approves 35 contracts at N2.1bn
The Enugu State government has approved the award of contracts for 35 capital projects comprising the construction of roads, bridges, schools and boreholes across the 17 local government areas of the state.
Ugwuanyi The state Commissioner for Information, Dr. Godwin Edeuhele, made this known while briefing newsmen shortly after the meeting of the State Executive Council, EXCO, in Enugu adding that the projects would gulp about N2.1 billion.
According to him, the government further approved another N41 million for women empowerment projects.Vanguard
How Oshiomhole caused Ugbowo flooding — Ize-Iyamu
THE PDP Governorship Candidate, Pastor Osagie Ize-Iyamu, has said that if Governor Adams Oshiomhole had listened to the advice of engineers, the flood ravaging many parts of Ugbowo axis along the Benin-Ore Expressway would have been avoided.
The PDP candidate, who also faulted the construction of two service lanes, said Governor Oshiomhole added the service lanes to the road in order to deceive the people of the state that it was his government that reconstructed parts of the expressway within the Benin metropolis.Vanguard
Stay away from Rivers, militant leader warns Avengers
A militant leader in the Niger Delta region, ‘General’ Don Waney, emerged from the creeks on Monday and warned members of the Niger Delta Avengers and other militant groups not to come close to Rivers State.
Waney, who said he was ready to surrender his arms and ammunition and embrace the amnesty offered by Governor Nyesom Wike, urged militant groups in the oil-rich region, including the NDA, to embrace peace and put an end to the destruction of oil facilities.
The militant leader, who is the leader of the Aggrieved Youth Movement, said in Aligwu, Ogba/Egbema/Ndoni Local Government Area on Monday that he would fight any militant group that decided to make Rivers its target. Thisday
Benue farmers get N100m cassava production input
As part of efforts to grow annual food production in the country, over N100 million worth of input have been distributed free to selected Benue farmers to boost cassava production in the state.
Among items distributed by the International Fund for Agricultural Development, IFAD, Value Chain Development Programme, VCDP, to the benefiting farming groups were bags of fertilizers, herbicides among others.Vanguard
Business News
‘NLNG’s Act repeal‘ll jeopardise $20b investment’
The Nigeria Liquefied Natural Gas (NLNG) has warned that any tinkering with the law guiding its activities may spell doom for the country.
Its Managing Director, Mr. Tony Attah warned that should the House of Representatives go ahead with its plan to repeal the NLNG Act, the company could be forced to halt its over $20 billion planned Train 7 project, which is capable of creating 18,000 jobs.
Attah spoke when he led a delegation of top management workers of the company on a courtesy visit to the Minister of Information and Culture, Alh. Lai Mohammed in Abuja, yesterday. The Nation
CBN Reads Riot Act on N213bn Electricity Stabilization Fund
The Central Bank of Nigeria (CBN) has rolled out penalties to be meted out to participating commercial banks that fail to comply with the terms and conditions in implementing the Nigeria Electricity Market Stabilization Facility (NEMSF).
The central bank in a circular by its Director, Financial Policy and Regulation Department, Mr. Kevin Amogu, posted on its website Monday, listed 10 infractions and accompanying sanctions to be received by any defaulting participating commercial bank.
The CBN had in collaboration with the Ministry of Petroleum Resources, Ministry of Power and the Nigerian Electricity Regulatory Commission (NERC) signed a Memorandum of Understanding (MoU) on the NEMSF.Thisday
NLNG raises govt revenue by $26bn in five years
The Nigeria LNG Limited says it has contributed more than $26bn to government revenue in the last five years.
The Managing Director of the company, Mr. Tony Attah, disclosed this in Abuja when he met with the Minister of Information and Culture, Alhaji Lai Mohammed.
He also sought the intervention of the executive arm to prevail on the National Assembly not to interfere with the NLNG Act 2004. Thisday
Petrol marketing corruption has reduced, says IPMAN
Corruption in the marketing of petroleum products, especially petrol, has been considerably reduced with the adjustment of pump price to a maximum of N145 per litre by the Petroleum Product Pricing Regulatory Agency (PPPRA), Independent Petroleum Marketers Association of Nigeria (IPMAN) has said.
Its Vice President, Alhaji Abubakar Dankigari who spoke in Abuja yesterday said fuel diversion which was a common practice has now become a thing of the past.
“The system is now okay. The rate of corruption has seriously reduced in the industry. So Mr. President is achieving the aim of fighting corruption in that area, fuel supply is now better,” he said by phone. The Nation