September 2020

Edo - Bankers placed on high alert 10 days to election (1)

Edo: Bankers Placed On High Alert 10 Days To Election

The Benin Zonal Office of the Economic and Financial Crimes Commission, (EFCC) has asked Compliance officers of banks in the city to be on the look out for suspicious transactions ahead of the September 19 Edo governorship election.

Speaking during a meeting with the compliance officers in Benin on Tuesday, Benin Zonal Office head of the EFCC, Muhtar Bello asked the bankers to be on alert as politicians may want to use banks for illicit transactions before, during and after the elections.

“Once the transaction is above the stipulated threshold, you have …

Abia Governors And Their Performances From 1999 Till Date

Abia Governors And Their Performances From 1999 Till Date

Abia State which was created 23 years ago has had its great share of hard times. The subject of this analysis as the headline hints is a superlative comparison of the tenures of the erstwhile past governor, Dr Orji Uzor Kalu, his successor, Chief Theodore Ahamefula Orji (Ochendo), and his anointed lackey who is the controversial governorship candidate of the Peoples Democratic Party, Dr Okezie Ikpeazu.

The economy is not doing well. Insecurity is on the rise. There are troubles in the ruling political party. Amid all these, the current and immediate past Governors are not making it any better …

FAAC: FG, States, Others Share ₦3.88trn In 6 Months

FAAC: FG, States, Others Share ₦3.88trn In 6 Months

The Federation Accounts Allocation Committee (FAAC) shared ₦3.879trillion to the federal government, states, local government areas in the first half of 2020.

This was contained in the quarterly report on the review of the Nigeria Extractive Industries Transparency Initiative (NEITI) released on Tuesday.

A breakdown showed that ₦1.53trillion went to the federal government, ₦1.29trillion to states and ₦771.34billion to 774 LGAs.

FAAC disbursements in the second quarter of 2020 stood at ₦1.934 trillion.

Read Also: FAAC: FG, States, LG Share ₦635.8bn [See Breakdown]

The federal government got ₦739.2billion, ₦629.3billion went to state governments, and N375.4billion to 774 LGAs.

The Q2 …

Buhari Appoints Sulaiman Ibrahim As New NAPTIP DG

Buhari Reveals How His Govt Will Lift 100m Nigerians Out Of Poverty

President Muhammadu Buhari has re-emphasised his administration’s determination to lift 100m Nigerians out of poverty over the next ten years.

Buhari said his administration would continue to churn out policies and programmes aimed at achieving the target.

He stated this during his closing remarks at the ministerial retreat for Ministers and presidential aides held at the Presidential Villa, Abuja, yesterday.

Buhari, however, stated that Nigeria has what it takes to “weather through the storm” of its current challenges.

Read Also: Buhari Departs Nigeria For Niger For ECOWAS Summit Monday

The President also assured Nigerians that his administration would close …

Hike In Electricity, Petrol - Nigeria About To Collapse – Bode (1)

Hike In Electricity, Petrol: Nigeria About To Collapse – Bode

A former Deputy National Chairman of the Peoples Democratic Party, PDP, Bode George, has warned against the hike in electricity tariff and pump price of petrol.

Bode George warned that President Muhammadu Buhari should reverse the increment because Nigeria was at the verge of collapse.

He stated that Nigerians were yet to recover from the effect of COVID-19, hence the new tariff and price should be reversed.

Bode George spoke on Tuesday when the Peoples Democratic Party, PDP, aspirants for the Lagos East Senatorial district and Kosofe 2 State Constituency paid him a courtesy call.

Read Also: RevolutionNow Group Protests

Nigeria to replace National Identity Card with Digital Numbers (1)

Nigeria To Replace National Identity Card With Digital Numbers

The federal government has given an insight into the transfer of the National Identity Management Commission (NIMC) to the Ministry of Communications and Digital Economy.

Isa Pantami, Minister of Communications and Digital Economy said with the development, the concept of Digital Number would be prioritized to replace the National Identity Card.

He made the disclosure in an interview with PRNigeria’s Economic Confidential.

Pantami confirmed that the contribution of the Information Communication Technology (ICT) sector to Nigeria’s Gross Domestic Product (GDP) increased in the second quarter of 2020.

Read Also: Nearly 100m Nigerians Have No Identity – NIMC

The minister …

Wanted Benue gang leader, Terwase Agwaza finally surrenders (1)

Wanted Benue Gang Leader, Terwase Agwaza Finally Surrenders

A wanted criminal gang leader in Benue State, Terwase Agwaza, on Tuesday, surrendered.

Gana, as he is popularly called, turned himself in, following the amnesty programme by the state government.

The wanted criminal surrendered in Katsina-Ala township stadium in Katsina Ala Local Government Area of Benue North.

Read Also: Jail Any Fulani Who Comes To Benue As Vigilante – Ortom

As at the time of filing this report, Gana was being conveyed to the state’s Government House in Makurdi, the state capital, where he would be received by the state Governor, Samuel Ortom.

Recall that a bounty of N10m was …

President Buhari Sacks NDE DG, Argungu

Trump Asked Me Why I Am Killing Christians In Nigeria – Buhari

President Muhammadu Buhari has revealed his discussion with the US president, Donald Trump, over the killing of Christians in the country.

Speaking in Abuja on Tuesday, at the First Year Ministerial Performance Review Retreat of his second term, Buhari noted he is the only African amongst the least developed countries that Trump invited in the White House.

He said the American president asked him to explain why he is killing Christians in Nigeria.

Read Also: ‘President Buhari Is Incompetent And Useless’ – Islamic Cleric

Buhari said: “I believe I was about the only African amongst the least developed countries that

Fuel Price: Stakeholders, Analysts Blame 'Dysfunctional' Govt

Niger Exports Fuel To Nigeria As Egypt, Algeria Build 13 Refineries

Neighbouring Niger Republic, which started commercial oil production in 2011, now exports petroleum products to Nigeria, as Egypt and Algeria lead African operations with 13 refineries. Both countries (Egypt and Algeria) have combined capacity of 1.4 million barrels per day.

For decades, Nigeria’s three major refineries have been grounded to near-zero capacity utilisation with all of its refined fuel imported from other countries. Data exclusively obtained from the African Refiners & Distributors Association (ARA) revealed that strong refinery performance in Niger meets local fuel demand, and excess production exported to Nigeria, Mali and Burkina Faso.

The continental body also raised …

South-West’s Stand On Amotekun Could Cost Them Presidency- Gololo (1)

S/West’s Stand On Amotekun Could Cost Them Presidency – Gololo

A Chieftain of the All Progressives Congress (APC), Dr. Garus Gololo, has advised governors and leaders of South West, Nigeria, to tread cautiously, if their agitation for power shift in 2023 is anything to go by.

Speaking with journalists in Abuja on Thursday, Gololo said, the idea of running a full-fledged armed security outfit at the geopolitical zonal level and refusing to allow its integration into the planned Federal Government’s Community Policing program, could jeopardise the chances of the Yoruba people in clinching the presidency come 2023.

Southwest governors had last year, launched a seemingly community security movement across the …

Zuma graft hearing delayed for third time to December

Zuma Graft Hearing Delayed For Third Time To December

The corruption trial of South Africa’s ex-president Jacob Zuma, initially set to begin in May, has been postponed for a third time over pre-trial “issues”, the prosecutor said Tuesday.

Zuma, 78, is accused of taking four million rands ($236,000) in bribes to facilitate a $3.4 billion arms deal with French arms company Thales in 1999 when he was deputy president.

The former leader and Thales were scheduled to appear in court on May 6 to answer the allegations.

But the case was pushed back to June because of …

Liberia’s Taylor Denied Coronavirus Jail Move

Liberia’s Taylor Denied Coronavirus Jail Move

Judges have rejected a bid by Liberian ex-president and convicted war criminal Charles Taylor to be moved from a British jail, where he claimed he risks dying from coronavirus.

Taylor is serving a 50-year sentence at Frankland prison near Durham in northeastern England after being convicted in 2012 by a court in The Hague of fuelling civil conflict in Sierra Leone.

The warlord had argued that due to a “massive outbreak of Covid-19 in the UK” his life was at risk from continued detention in Britain and that he wanted to be moved to a “safe third country”.

But the …