Politics

2023: Opposition Members Not Safe Anymore – PDP Senators

November 21, 2019 7:11 am

Senators elected on the platform of the Peoples Democratic Party (PDP), have expressed doubts over the ability of security agents to protect members of the opposition during the 2023 general elections.

They said the violence that characterised Kogi and Bayelsa gubernatorial elections was a pointer to what lies ahead in 2023 when the country return to the poll.

Minority Leader of the Senate, Enyinnaya Abaribe, while briefing newsmen in Abuja, also called on the Inspector-General of Police to fish out culprits who burnt a PDP woman leader to death in Kogi State.

He said the impunity that greeted the

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AfDB Seals $250m Deal For Region’s Trade Financing

November 21, 2019 2:45 am

• Facilitates intra-Africa trade volume worth $938 million

African Development Bank (AfDB), in its push to facilitate inter and intra Africa trade, and reduction of trade financing gap on the continent sealed a new deal worth $250-million.Tagged: “Risk Participation Agreement (RPA) facility, the continent’s largest development bank courted a pan-Africa financial institution, ABSA, which has 12 footprints across the regional economies, for the realisation of the goal.

The three-year RPA facility was signed on November 12, on the sidelines of the Africa Investment Forum, through its trade finance operations.Under this three-year RPA facility, AfDB and ABSA will share default risk …

FEC Approves ‎₦200 Billion Loan For Bank Of Industry

November 21, 2019 2:44 am

The Federal Executive Council (FEC) has approved the issuance of a Sovereign Guarantee of 500 million Euros (‎₦200bn) from the Credit Suisse AG London Branch and a syndicate of international lenders as collateral for 500m Euro facility to the Bank of Industry (BoI). The Minister of State, Budget and National Planning, Clement Agba, who spoke with State House Correspondents yesterday after the FEC meeting presided over by President Muhammadu Buhari at the Presidential Villa, Abuja, said the loan was basically to finance major industrialization projects and micro-small and medium enterprises values chains in Nigeria for up to five years tenure …

IPPIS: ASUU Says Buhari Is Becoming Dictatorial

November 21, 2019 2:43 am

The Academic Staff Union of Universities (ASUU) has described alleged disobedience of President Muhammadu Buhari-led administration to laws of the land as the greatest corruption. The union spoke on the latest directive by the Federal Government that her officials will move to campuses to begin enrolment of university workers on the Integrated Personnel Payroll and Information System (IPPIS).

ASUU, while reacting through its University of Ibadan Chairman, Professor Deji Omole, stated that the union cannot be harassed or intimidated by those who have penchant for breaking the law of the land. According to him, breaking existing laws with impunity is …

Anambra

Anambra Donates 50,000 Bags Of Rice To Workers

November 21, 2019 2:42 am
The Anambra government has donated more than 50,000 bags of rice to workers in the state.

Receiving the gift at the state secretariat, yesterday, the Head of Service, Harry Udu, said it was to ensure the workers have a pleasant Christmas and New Year celebrations.

Udu stated that it was also in fulfilment of Governor Willie Obiano’s promise to always appreciate the efforts of the workers in the state.

He noted that workers deserved reward for their commitment, loyalty and sacrifices to the development of the state, maintaining that government owed everything it has achieved to the commitment and cooperation …

Enugu Immortalises Ex-VP Alex Ekwueme

November 21, 2019 2:41 am
The administration of Governor Ifeanyi Ugwuanyi of Enugu State, yesterday, immortalised the late vice president, Dr. Alex Ifeanyichukwu Ekwueme, by renaming the popular Ezikwo Street in Independence Layout, Enugu, Dr. Alex Ekwueme Street.

A statement by the Secretary to the State Government, Prof. Simon Uchenna Ortuanya, said the decision was in commemoration of the second anniversary of the death of the Ide of Oko Kingdom in Orumba North Local Government Area of Anambra State. He passed on November 19, 2017.

Read Also: Enugu LG Chairmen Have No Reason To Fail, Says Ugwu

The statement described the late former VP as …

Obiano

Obiano Gives Over ‎₦100m To Onitsha Tanker Fire Victims

November 20, 2019 5:45 pm
Governor Willie Obiano of Anambra State has disbursed over ‎₦100m to the victims of the Onitsha Ochanja market fuel tanker inferno that happened on Wednesday October 16, 2019.
Obiano who disbursed the cheque at governor’s lodge Awka said that six people lost their lives, 10 people injured while about 763 people lost their wares, shops and plazas to the fire.
According to the governor six deceased families got the sum of ‎₦1m each, 10 injured persons with broken legs got the sum of ‎₦500, 000 while other victims got the sum of ‎₦100, 000 each.
He said the money was
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MOSOP

Ogoni: MOSOP Gives Conditions For Oil Resumption

November 20, 2019 5:08 pm
Ogoni ethnic nationality has released a memorandum on benchmarks for engagement between them and companies desiring to take over the operatorship of Ogoni fields in Oil Mining Lease (OML) 11.
This was contained in a draft document made available to journalists yesterday, by the Ogoni Oil and Gas Production Committee chaired by Professor Ben Naanen in Port Harcourt, Rivers State.
The draft memorandum of understanding (MoU), which was signed by 20 persons, outlined 27 conditions that should be looked into by prospective oil operators.
Delivering the document to notable Ogoni groups and individuals, Professor Naanen stated that a prospective oil
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Anti-social Media Bill Passes Second Reading In Senate

November 20, 2019 11:53 am

A bill to regulate the social media use in the country on Wednesday passed second reading during Senate plenary.

The bill titled ‘A bill for an Act to make provisions for the protection from Internet Falsehood and Manipulations and for related matters 2019’, which was first read on November 5, scaled second reading after the lead debate by the sponsor of the bill, Senator Mohammed Musa.

Read Also: Apapa-Oshodi Expressway Of Refuse

 

After listening to contributions by some senators in support of the bill, the Senate President, Dr Ahmad Lawan, referred the bill to the Senate Committee on …

Ambode Suit: Lagos Lawmakers Challenge Court Jurisdiction

November 20, 2019 11:49 am

Lagos State lawmakers probing former Governor Akinwunmi Ambode over the purchase of 820 buses as part of the state’s Bus Reform Project said on Wednesday that the suit the ex-governor filed against them lacks merit.

The lawmakers further added that the court lacks jurisdiction to entertain the suit.

The lawmakers, represented by Mr Lawal Pedro,SAN, are opposing an injunction Ambode seeks to restrain them from investigating him.

“We have filed a notice of preliminary objection highlighting the incompetence of this suit,” Pedro stated on behalf of the lawmakers. “We are as well challenging the jurisdiction of the court …

Access Bank Appoints Awosika Chairman, Belo-Olusoga Retires

November 20, 2019 6:59 am

The Board of Directors of Access Bank Plc yesterday announced that its Chairman, Mosun Belo-Olusoga will retire in January 2020.

This followed the completion of her 12- year term limit allowed by the Central Bank of Nigeria’s code of corporate governance for banks and discount houses.

Owing to this, the bank, also announced the appointment of Dr. Ajoritsedere Awosika, as her successor, effective January 8, 2020.

According to a statement obtained on the Nigerian Stock Exchange website, Bello-Olusoga became the Chairman of the Board in July 2015.

Read Also: House Passes New Bill For Smooth Transition Of Power

She confirmed …

House Passes New Bill For Smooth Transition Of Power

November 20, 2019 3:34 am

The House of Representatives has approved six months jail term and N10 million fine or both for any person who frustrates the smooth transition of power from one civilian government to the other.

The House yesterday passed a bill seeking to make a President-elect resume in the Presidential Villa to understudy the outgoing President ahead of inauguration.

The bill proposes that during the waiting period, the incoming president would be empowered to review the financial records and activities of the incumbent.

Refusal by the incumbent to cooperate with or provide requested documents by the incoming officials shall upon conviction attract …

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