November 2019

Misplaced Public Expectations

Misplaced Public Expectations

November 7, 2019 7:29 am

People in places of authority should do what is right

One distinctive feature of democracy is the right of the people to expect and demand good governance from elected officials. It is also the duty of the latter to perform creditably. That, in a nutshell, is the whole essence of public trust. In Nigeria, however, this noble relationship has for long been misapplied such that public expectations of office holders in the country seem to be at conflict with national aspirations. It is then little surprise that many of the overpaid politicians and public officials have continued to fleece the …

Maina Appears In Court In Wheel Chair For Bail Application

Maina Appears In Court In Wheel Chair For Bail Application

November 7, 2019 7:27 am

Abdulrasheed Maina, Chairman, Pension Reform Task Team (PRTM), was, on Thursday, wheeled into Court 6, Federal High Court, Abuja, where his bail application is expected to be taken.

Maina, who was dressed in light green colour caftan, was in a wheel chair.

The former chairman of PRTM was looking pensive and sickly.

The News Agency of Nigeria (NAN) reports that Maina was on October 25 arraigned alongside a firm, Common Input Property and Investment Ltd, by the Economic and Financial Crimes Commission (EFCC) before Justice Okon Abang.

He was arraigned on a 12-count charge bordering on money laundering, operating fictitious …

Ozekhome To Osinbajo: Fight Cabals Like A Man With Manhood

Ozekhome To Osinbajo: Fight Cabals Like A Man With Manhood

November 7, 2019 7:20 am

There was disquiet in the presidency on Wednesday following alleged sack of 35 aides of Vice President Yemi Osinbajo by President Muhammadu Buhari.

No statement was issued by the presidency either confirming or refuting the sack of the vice president’s aides.

According to credible sources, the aides of the vice president had earlier been notified of their impending sack in September while the presidency began the implementation on Tuesday.

It was learnt that even when Osinbajo was hoping that the alleged sack of 35 of the aides would be reversed by the president, some of the affected persons on Tuesday …

Stanbic IBTC Launches Virtual Wallet

November 7, 2019 7:19 am

Stanbic IBTC Holdings Plc, a member of Standard Bank Group, has launched the Stanbic IBTC virtual wallet called @ease wallet, in line with its commitment to deepen financial inclusion and drive its digitisation agenda.

The product is set to provide a unique range of financial services to the informally served, the underbanked and the unbanked on various structured platforms with the last 10 digits of a phone number.

Read Also: Rivers: I was Accused of Plotting To Kill Buhari, Says Abe

Stanbic IBTC @ease wallet affords customers the opportunity to access banking services such as interbank transfers, debit card issuance …

Tackling Fibroid, Endometriosis Through Laparoscopy

Tackling Fibroid, Endometriosis Through Laparoscopy

November 7, 2019 7:17 am

While many Nigerian women continue to nurse the pain of infertility due to fibroids, endometriosis or ovarian cysts, experts believe they have a high chance of overcoming the challenge with the use of laparoscopy, a technology which involves minimally invasive procedures. Martins Ifjeh writes

When Adaugochi E, a banker, got married in 2015, she did not envisage she and her husband were going to experience fertility challenges. It was the least on her mind. Prior to her wedding, she had undergone abortion once for him since they were not ready at the time to take the relationship to the next …

IG Deploys 35,000 Additional Policemen For Kogi Polls

IG Deploys 35,000 Additional Policemen For Kogi Polls

November 7, 2019 7:17 am

The Inspector-General of Police (IG), Mr. Mohammed Adamu, has deployed additional 35,000 policemen to Kogi State to ensure “visibility policing ” of lives and property before and during the November 16 governorship election in the state.

The Assistant Commissioner of Police in charge of operation in the state, Mr. Kayode Ayilara, announced this in Lokoja, the state capital, wednesday.

The police chief disclosed this while responding to concerns raised about the neutrality of the police in the coming election at an event organised by a non-governmental organisation, ‘Search For Common Ground’.

He said that the deployed policemen will arrive the …

Supreme Court Acted Right On Atiku’s Petition – Keyamo

November 7, 2019 7:12 am

The Minister of State for Labour and Employment, Mr. Festus Keyamo (SAN) has disagreed with an elder statesman and constitutional lawyer, Prof. Ben Nwabueze (SAN) on the way the Supreme Court handled the presidential election petition filed by the presidential candidate of the Peoples Democratic Party (PDP), Atiku Abubakar.

In a statement issued wednesday, Keyamo said that the respected lawyer could not reasonably fault the action of the Supreme Court since it was guided by the constitution.

On the question raised by Nwabueze as to whether the parties in the matter were given opportunity to be heard, Keyamo said there …

Sexual Harassment Bill For Second Reading In Senate

Sexual Harassment Bill For Second Reading In Senate

November 7, 2019 7:11 am

The Sexual Harassment Bill sponsored by the Deputy Senate President, Senator Ovie Omo-Agege, and 105 other Senators and three other bills wednesday passed through the second reading at the Senate.

The three other bills that scaled second reading at plenary are: a bill for an act to provide for the establishment of the Federal University of Education, Kontagora, sponsored by the Senate Deputy Whip, Senator Sabi Abdullahi; a bill for an act to establish the Federal College of Education, Illo; and a bill for an act to make incremental changes to Nigeria Tax and Fiscal Law both sponsored by the …

Anambra: Soludo Sweeps Six LGAs Declared By INEC

Soludo Tasks Nigerians In Diaspora On Investment

November 7, 2019 7:08 am

A former Governor of the Central Bank of Nigeria (CBN) and member, of the National Economic Advisory Team (NEAT), Prof. Chukwuma Soludo, has told Nigerians in the Diaspora that it is in their interest to contribute to the prosperity of their country.

He argued that it is wrong to regard investment in the homeland by Nigerians abroad as an act of charity.

In his keynote address yesterday at the second Nigeria Diaspora Investment Summit at the Presidential Villa, Abuja, Soludo said racism and xenophobic attacks abroad had made it imperative for Nigerians in the Diaspora to have a prosperous country …

Total Plans To Sell Stake In Nigerian Oil Block

Total Plans To Sell Stake In Nigerian Oil Block

November 7, 2019 7:07 am

French oil major, Total is seeking to sell its 12.5 percent stake in the giant Bonga deepwater oilfield off the coast of Nigeria, in an effort to adjust the energy company’s Africa portfolio amid a broad expansion.

Reuters quoted banking and industry sources as saying that the stake in Oil Mining Lease (OML) 118, which is located some 120 kilometres (75 miles) off the Niger Delta, is valued at up to $750 million.

Investment bank, Rothschild, is said to be running the sale process for the oil major.
Rothschild and a spokeswoman for Total declined to comment.

OML 118 is …

Osinbajo Not Relegated By Buhari, Says Presidency

Osinbajo Not Relegated By Buhari, Says Presidency

November 7, 2019 4:23 am

The Senior Special Assistant to the President on National Assembly Matters (Senate), Senator Babajide Omoworare, wednesday said President Muhammadu Buhari did not relegate Vice-President Yemi Osinbajo by travelling without transmitting a letter to the National Assembly to empower the vice president to act in his absence.

Omoworare stated this while briefing newsmen in Abuja on Wednesday.

Read Also: Wamakko, Others Win At Court Of Appeal

Buhari had, on November 2, 2019, embarked on a private visit to London and he is expected to return to Nigeria on November 17.

The National Chairman of the All Progressives Congress, Mr. Adams Oshiomhole, …

Emefiele Violated His office, Must Resign, Face Probe - PDP

Nigeria’s Neighbours Must Obey Fair Trade Rules – Emefiele

November 7, 2019 4:22 am
  • FG restates private sector role in implementation of AfCFTA

Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, wednesday said Nigeria’s neighbours must comply with fair trade practices to avoid depriving Nigeria the benefits of African Continental Free Trade Area (AfCFTA) agreement, explaining that the country would prevent itself from becoming a dumping ground for goods that did not originate from Africa.

Emefiele, who was represented by the Lagos Branch Controller of CBN, Mr. Ekhator Atise, spoke in Lagos, at the 2019 International Trade Seminar, with the theme: ‘Non-oil Export in Nigeria, Emerging Opportunities, Financing Options and …

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