Politics

Peter Obi Has A Share In Obiano’s Failure – G.U. Okeke

Peter Obi Has A Share In Obiano’s Failure – G.U. Okeke

October 24, 2019 5:15 am

Popular transporter, Chief Godwin Okeke (GUO) has said former governor, Peter Obi, has a share in the failure of Governor Willie Obiano in Anambra State.

Chief Okeke spoke, yesterday, during the installation of Pharm Chris Ukachukwu as the new President of Onitsha Chambers of Commerce, Industry, Mines and Agriculture (OCC IMA) at the Patterson Hall of All Saints Cathedral Onitsha.

READ ALSO: How Nigeria Corrupts Nigerians

He said the in eight years Obi was governor, the people of the state offered him all possible support and because he did well, he was granted the liberty to choose his successor. He …

Atiku’s Son, 22 Others Make Adamawa Commissioner List

Atiku’s Son, 22 Others Make Adamawa Commissioner List

October 24, 2019 5:09 am

Governor Ahmadu Fintiri of Adamawa has nominated Adamu Atiku, eldest son of former vice president, Atiku Abubakar, and 22 others as commissioners.

The list was read out at plenary of the Adamawa House of Assembly, yesterday, by Speaker Aminu Iya-Abbas.

Secretary of the  PDP in the state, Alhaji Abdullahi Prambe, also made the list.

Ibrahim Mijinyawa and Umaru Daware who resigned their position as commissioners under former Governor Muhammadu Bindow’s administration and defected to the PDP to work with the Atiku Abubakar Presidential campaign team were also nominated.

READ ALSO: North Korean Leader Orders South Korean Hotels Destroyed

House Committee …

How States Radically Spent ₦2.67tr In 2018, By BudgIT

How States Radically Spent ₦2.67tr In 2018, By BudgIT

October 24, 2019 4:53 am

States expended a whopping ₦4.319 trillion to fund their operations in the 2018 fiscal year, according to a survey by BudgIT, a fiscal governance organisation.

According to the survey released in Abuja yesterday, of the amount, recurrent spending gulped ₦2.67 trillion, while a paltry ₦1.648 trillion was devoted to capital projects.

Capital projects are supposed to touch the lives of the masses.

The survey also revealed that most of the states were grossly unable to realise their revenue targets, due to grossly inadequate Internally-Generated Revenue (IGR); hence their over-reliance on the Federation Account Allocation Committee (FAAC) takings.

It cited …

‘Fintech; Panacea For Exclusion, Funding Impasse In Nigeria

‘Fintech; Panacea For Exclusion, Funding Impasse In Nigeria

October 24, 2019 4:36 am

The advent of Financial Technology (Fintech), a combination of technology and innovative business models in financial services, has gained considerable momentum in recent times, with global investments rising at exponential rates.

It holds the potential to revolutionise the Small and Medium Enterprise (SME) financing, as it can offer unprecedented solutions to deal effectively with the main barriers that SMEs face in financial markets- information asymmetries and collateral shortage.

Indeed, digital technologies, such as online and mobile banking and payment solutions, have had an important impact on traditional SME financing.

They allow financiers to considerably lower transaction costs when reaching out …

Watch: Davido And Popcaan In New Music Video “Risky”

Watch: Davido And Popcaan In New Music Video “Risky”

October 24, 2019 4:28 am

Davido gifts his fans yet another international feature before the release of his upcoming album. This time, Davido enlists Jamaican dancehall artist Popcaan for his new song “Risky”.

This is coming after his feature on “Choosy” alongside American rapper Fabolous and singer Jeremiah.

And two months after the release of the international chart-topping collaboration with Chris Brown “Blow Mind”.

READ ALSO: Atiku’s Son, 22 Others Make Adamawa Commissioners’ List

The highly anticipated album, “A Good Time” is set to arrive on November 22. The album would include the previously released singles “Fall,” “Assurance,” and “Blow My Mind.”

“A Good Time” …

Stop Instigating Violence, Bayelsa PDP Warns Oshiomole

Stop Instigating Violence, Bayelsa PDP Warns Oshiomole

October 24, 2019 2:29 am

The Bayelsa State chapter of the Peoples Democratic Party (PDP) has hit out at the national chairman of the All Progressives Congress (APC), Adams Oshiomole for allegedly accusing the party of plotting to rig the forthcoming governorship election.

The state chairman of the PDP, Moses Cleopas, said in a statement that the comment reportedly credited to the APC chairman has the capacity to truncate the peace of the state if it is not ‘nipped in the bud.’

He accused Oshiomole of ‘condescending to the point of encouraging violent activities before and during the elections in the state because of his …

Enugu Govt Tasks Fire Service On Emergency Preparedness

Enugu Govt Tasks Fire Service On Emergency Preparedness

October 24, 2019 2:22 am

Governor Ifeanyi Ugwuanyi of Enugu has directed the state fire service to reassess its emergency response capabilities given the onset of the dry season and the need to ensure the safety of lives and property should there be any fire outbreak.

A statement by the Secretary to the State Government (SSG), Prof. Simon Uchenna Ortuanya, said the directive became necessary given the need to take measures that would forestall deaths and destruction of property from unexpected fire outbreaks.

Ortuanya said the government has also directed the fire fighting marshals to visit disaster-prone locations, such as markets, housing estates, satellite towns, …

All We Want Is Biafra, Not Igbo Presidency - Cleric Udeh

All We Want Is Biafra, Not Igbo Presidency – Cleric Udeh

October 24, 2019 2:06 am

Bishop Abraham Chris Udeh of Mount Zion Faith Global Liberation Ministries Inc. a.k.a By Fire By Fire, Nnewi, Anambra, yesterday, prophesized the actualization of  Biafra’s actualization. He, however, lamented that the project was being frustrated by the Hausa-Fulani oligarchy.

Bishop Udeh who addressed journalists, at his church auditorium said Igbo should reject the option of a president of Igbo extraction, and rather face the actualization of a sovereign State of Biafran with one mind.

He said he saw in the spiritual realm that there was an Hausa-Fulani agenda to allow an Igboman to be elected president in 2023, but …

Federal Government To Pay 2.5% Discount In Loot Recoveries

Federal Government To Pay 2.5% Discount In Loot Recoveries

October 24, 2019 1:41 am

The Federal Government is seeking the approval of the National Assembly to pay 2.5 percent as commission to those that assisted it in the recovery of the late General Sani Abacha loot and other funds stashed abroad.

It equally wants approval of ₦30 billion as part payment of the ₦150 billion that has been accumulated for years.

The Minister of Justice and Attorney-General of the Federation, Abubakar Malami, dropped the hint during the ministry’s budget defense yesterday in Abuja.

Meanwhile, the chairman of the Federal Inland Revenue Service (FIRS), Babatunde Fowler, yesterday said Nigeria loses $15 billion yearly to tax …

Interest In Bellwethers Lift Stocks Index By ₦15 Billion

Interest In Bellwethers Lift Stocks Index By ₦15 Billion

October 24, 2019 1:32 am
Following investors renewed appetite in some bellwether stocks, the Nigerian equities market rebounded yesterday, as market capitalisation appreciated by ₦15 billion.

Specifically, at the close of transactions, the All -Share Index (ASI) rose by 32.11 points or 0.12 percent to 26,397.94 points. Accordingly, investors gained ₦15 billion in value as market capitalisation rose to ₦12.850 trillion.

The upturn was impacted by gains recorded in medium and large capitalised stocks, amongst which were; Dangote Cement, United Bank for Africa (UBA), FBN Holdings, UACN Property Development Company, and Omoluabi Mortgage Bank.

Analysts at Afrinvest Limited said: “Notwithstanding yesterday’s positive performance, we maintain

…
Anthony Joshua Engages German Heavyweight Pervizaj

Anthony Joshua Engages German Heavyweight Pervizaj

October 24, 2019 1:22 am
Anthony Joshua is sparring with Albon Pervizaj ahead of his eagerly-anticipated rematch against Andy Ruiz Jnr.

Joshua is eager to be in the best possible shape for his clash against Ruiz, which takes place in Saudi Arabia on December 7.

Joshua is eager to respond after his defeat to Ruiz in the initial clash against Ruiz in June.

Pervizaj is one of several sparring partners that Joshua is going to bring in as he prepares for the rematch.

READ ALSO: Offa Bank Robbery: Nigerian Police Keep Mum On Suspects

24-year-old Pervizaj has a record of 12 victories and no defeats

…
How Border Closure Changed Nigeria’s Economic Indices

How Border Closure Changed Nigeria’s Economic Indices

October 24, 2019 1:16 am
Federal Government’s latest border policy, which altered the flow of commodities- legally and illegally, particularly through the Benin Republic, has in the immediate, changed some economic fundamentals.The government had in August, ordered partial closure of land borders to curtail smuggling of rice and other products into the country, citing non-compliance of neighbouring countries with ECOWAS protocols on the transit of goods.

The move would create an opportunity for local producers of commodities such as rice, vegetable oil, palm oil and other agricultural produce to increase production and meet local demand.

But the nation’s inflation numbers have become the first casualty

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𝐀𝐟𝐫𝐢𝐜𝐚 𝐃𝐢𝐠𝐢𝐭𝐚𝐥 𝐍𝐞𝐰𝐬, 𝐍𝐞𝐰 𝐘𝐨𝐫𝐤, is a nonpartisan online news portal founded on the truth to provide you with weekly, insightful articles written with precision and current updates on current events from Africa in particular and the rest of the world in general. All of our reports undergo extensive fact-checking to ensure their veracity, and we adhere strictly to the facts, no matter whose ox is gored.

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