November 29, 2019

Assets

Pension Fund Assets Hit ₦9.58trn

November 29, 2019 11:36 am

The National Pension Commission (PenCom) yesterday said it has grown pension funds assets  to ₦9.58 trillion as at the end of September 2019.

This is even as the number of registered contributors under the  Contributory Pension Scheme (CPS) has grown to 8.85 million.

The Acting Director General of PenCom, Aisha Dahir-Umar, said this yesterday at a  workshop for Journalists in Benin, adding that the growth, indeed, justifies the commission’s emphasis on the safety of pension funds as the bedrock of sustaining the CPS.

Mrs Dahir-Umar also assured all stakeholders that the pension reform was steadily on course.

She said: …

Shehu

Sani: Why 8th Senate Rejected Buhari’s $30bn Loan Request

November 29, 2019 11:35 am

Chairman of the Senate committee on local and foreign debt in the 8th Senate. Shehu Sani, has given reasons why the 8th Senate turned down the federal government’s $30 billion loan request, stating that the rejection was to save Nigeria from sinking into the dark gully of a perpetual debt trap.

President Mohammadu Buhari had in a letter to the 8th Senate requested for the loan but the lawmakers rejected his request. On Thursday, the President sent a fresh letter to the 9th Senate seeking approval for the loan.

Read Also: Masari Urges North-west Govs To Disarm Repentant Bandits

Shehu …

Ljungberg

Ljunberg Speaks After Being Named Arsenal Interim Coach

November 29, 2019 11:33 am

Arsenal Football Club interim coach Freddie Ljungberg on Friday promised to give everything to put smiles on faces of the fans after a disappointing start to the season.

“However long I oversee Arsenal for I will give everything I have to put smiles on faces again,” Ljungberg said in a tweet.

Ljungberg was appointed Arsenal interim manager after the sack of coach Unai Emery on Friday.

The Arsenal board said they are confident of Ljungberg’s abilities for the games he will be managing the team.

“We have full confidence in …

Earthquake

Albanians Hold Mass Funeral For Earthquake Victims

November 29, 2019 11:32 am

Albanian families buried their loved ones on Friday and the country mourned the 49 people known to have died in this week’s earthquake, as officials grapple with the destruction left in its wake.

Entire families were crushed by their homes when the 6.4 magnitude earthquake — the most deadly and devastating in decades — jolted the Balkan country before dawn on Tuesday.

In the town of Thumane, where numerous buildings collapsed, loved ones wept before the six wooden coffins of the Cara family and three more belonging to the Greku family.

…

NAF Jet Destroys Insurgents Gun Trucks At Borgozo In Borno

November 29, 2019 11:31 am
The Nigerian Air Force (NAF) says its Air Task Force (ATF) of Operation LAFIYA DOLE has destroyed two Boko Haram Terrorists’ (BHTs) gun trucks and killed some fighters at Borgozo in Borno.
Air Commodore Ibikunle Daramola, NAF Director of Public Relations and Information, disclosed this in a statement on Friday in Abuja.

He explained that this was achieved when NAF Jets and a helicopter gunship were scrambled to provide close air support to ground troops as they repelled a BHT attack on the location.

“The aircraft, upon arrival overhead the

…
Zuma

South Africa Court Rejects Zuma Appeal To Prevent Trial

November 29, 2019 11:30 am

A South African court on Friday rejected an appeal by former President Jacob Zuma that sought to prevent his prosecution on corruption charges over a 2 billion dollars arms deal.

The ruling paves the way for Zuma’s long-awaited trial to start in Feb. 2020.

Zuma, in office from 2009 to 2018, had previously applied for a permanent stay of prosecution on 18 charges of fraud, racketeering and money laundering relating to an arms deal with French defense firm Thales in the 1990s.

In mid-October, the Pietermaritzburg High Court dismissed an application by Zuma and Thales for a permanent stay of

…
APC

Why I Didn’t Direct Bayelsans To Defend Themselves -Dickson

November 29, 2019 9:19 am

Governor Henry Seriake Dickson has disclosed that he consciously took steps not to direct Bayelsans and supporters of the Peoples Democratic Party (PDP) to defend themselves in the course of the Bayelsa governorship elections and after the declaration of David Lyon of the All Progressives Congress (APC) as the winner because he did not want the state to be destabilised.

Dickson who insisted that the leaders of the APC in conjunction with the Federal Government, the Independent National Electoral Commission (INEC) and security agencies plotted to take-over Bayelsa by force, said results of votes declared by INEC especially in Ogbia, …

Masari

Masari Urges North-west Govs To Disarm Repentant Bandits

November 29, 2019 9:17 am

The Katsina State Governor, Aminu Bello Masari has urged North-west governors and security agencies to adopt holistic approach that would ensure the disarmament and rehabilitation of repentant bandits in the region.

Masari, who initiated a peace deal in the state that has so far led to the release of 91 captives by the bandits, said the disarmament of the repentant bandits would eradicate what he termed as pocks of attacks in the North western states.

The Katsina State Governor, Aminu Bello Masari has urged North-west governors and security agencies to adopt holistic approach that would ensure the disarmament and rehabilitation

…

Sultan Urges Speedy Devt Of FCT Satellite Towns

November 29, 2019 9:17 am

Sultan of Sokoto, Alhaji Sa’ad Abubakar III, has advised the Federal Capital Territory Administration to develop Satellite Towns in order to decongest Abuja City Centre.

Abubakar, who is the President-General of the Nigerian Supreme Council for Islamic Affairs (NSCIA), made the plea yesterday when he led a delegation of Islamic Religious and Traditional leaders from across the country on a courtesy call on the FCT Minister, Malam Mohammed Musa Bello, ahead of NSCIA 2019 Annual General Meeting from November 29 to December 3, where Vice President Yemi Osinbajo is expected to deliver the keynote speech at the opening of the …

2 Sisters Trapped, Rescued From Ebonyi Mine Collapse

November 29, 2019 9:17 am

A lady with seven-month old pregnancy, Chinenye Mbam, and her sister, Anurika Mbam, narrowly escaped death following earth crust that collapsed on them in a mine at Ezzagu village, Inyimagu in Izzi Local Government Area of Ebonyi State.

Daily Sun gathered that it took the swift intervention of the owner of the site, Mr. Chukwuebuka Nwosu, other miners and sympathisers before the trapped sisters could be rescued on Tuesday. They were immediately rushed to an undisclosed medical facility for treatment.

The expectant mother, who managed to speak, told our correspondent that both of them were busy digging and scooping

…

Hate Speech Bill: Buhari Wants To Gag Nigerians – CAN

November 29, 2019 9:16 am

The  Christain Association of Nigeria (CAN) has raised the alarm over the controversial Hate Speech Bill, which it claimed is a ploy by the Buhari-led administration to gag Nigerians.

CAN said the bill is meant to distract Nigerians from discussing topical issues that have direct effect on their survival and wellbeing such as poverty, corruption and the provision of good health facilities, among others.

CAN Director of Legal and Public Affairs, Kwamkur Samuel Vondip, said in a statement that the body was concerned about ongoing national debates and outcry over the proposed bill.

He encouraged governments at all levels and …

2Face And Blackface To Settle Feuds Out-Of-Court Settlement

November 29, 2019 9:16 am

In a recent development, the Plantashun Boyz members, 2Face Idibia also known as 2Baba and Blackface have opted for an out-of-court settlement for their ongoing feud.

Both artistes agreed to sheath their respective swords after they signed an undisclosed settlement agreement at the Ikeja High Court, Lagos on Wednesday, November 27.

According to reports. the gentleman agreement also saw the African Queen crooner dropped the N50m defamation suit filed against Blackface.

A source close to both singers stated that Blackface agreed not to publicly call out 2Face while the latter agreed to work out an agreement that will enable the …

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