crisis

APC Crisis: Real Reasons Oshiomhole Should Resign – Party

December 17, 2019 11:47 am

The All Progressives Congress, APC, in Edo State, has charged the party’s National Chairman, Adams Oshiomhole to either resign from his position or excuse himself from all official functions of the ruling party.

Anslem Ojezua, Chairman of the party in the state, explained that Oshiomhole lacked legitimacy, temperament and moral authority to lead the party, hence the need for him to resign.

He spoke at a World Press Conference at the APC Secretariat in Airport Road, Benin City, the Edo State capital.

According to Ojezua: “In any case, having been placed on suspension as a member of the party, he …

Traders’ Crisis Bad Omen For Nigeria, Ghana Peace –Expert

December 16, 2019 7:16 am

Thirty-six years after the ‘Ghana Must Go’ episode, the cordial relations between Nigeria and Ghana is being threatened again, this time by the activities of Ghanaian traders under the aegis of the Ghana Union of Traders Association (GUTA).

Members of GUTA have accused Nigerians resident in Ghana of not respecting the rules and regulations on doing business by foreigners. They rely on Ghana’s Investment Protection Commission (GIPC) Act. Section 27(1) of the GIPC Act states that any foreigner or enterprise that is not wholly-owned by a citizen shall not invest or participate in the sale of goods or provision of …

CJN Attempting To Start Religious Crisis, Should Be Sacked

December 15, 2019 3:04 am

The Human Rights Writers Association of Nigeria, HURIWA, on Sunday called on the National Judicial Council, NJC, to sack the Chief Justice of the Federation, CJN, Tanko Muhammad for allegedly attempting to start a religious conflict in Nigeria.

HURIWA, a prominent civil rights advocacy group claimed that Tanko was attempting to instigate religious conflict in Nigeria by advocating for full Sharia law in the country’s constitution.

The rights group recalled that the CJN during a two-day conference organized by the Centre for Islamic Legal Studies, CILS, ABU, in collaboration with the National Judicial Institute, NJI, Abuja had called for full …

Edo Crisis Worsens As Assembly Declares 12 Seats Vacant

December 5, 2019 7:18 am

The crisis in Edo State House of Assembly worsened wednesday as the seats of 12 members-elect, who have failed to present themselves for inauguration, as well as two others, who didn’t meet mandatory sitting requirement to continue as members of the House, were declared vacant.

Speaking with journalists, Deputy Speaker of the House, Hon. Yekini Idiaye, representing Akoko Edo State Constituency I, said the resolution was reached at a plenary of the Assembly wednesday.

The Assembly has been in crisis as a result of a dispute between Governor Godwin Obaseki and the National Chairman of the All Progressives Congress, Mr. …

Power Crisis: Senate Rejects Ban On Generator Importation

November 20, 2019 5:18 am

Senators shut down a motion seeking to temporary ban generator importation into the country. 

The motion which was an additional prayer moved by Francis Fadahunsi  (Osun East) was aimed at curtailing generator importation as a way of making the government sit up to address the nation’s power problems.

Fadahunsi was making his contribution to a  motion moved by  Chukwuka Utazi (PDP, Enugu North)  titled: “Addressing Nigeria’s Power Problems.”  Utazi had said Nigeria, with a population of 200 million and an annual growth rate of 2.6 percent per annum, was the seventh most populous nation on earth.

According to Utazi, the …

Crisis Looms In ASCON As Board Accuses DG Of Corruption

November 9, 2019 4:07 am

The Governing Board of the Administrative Staff College of Nigeria (ASCON), Topo, Badagry in Lagos State, has petitioned the acting Head of Civil Service of the Federation (HoCSF), Mrs. Folashade Yemi-Esan, over alleged acts of corruption perpetrated by its Director General (DG), Mrs. Cecilia Umar-Gayya.

The Board in its petition to the HoCSF alleged that Umar-Gayya has failed to implement the recommendations of the Board and shown flagrant disregard for public service rules and Acts establishing ASCON.In the petition made available to The Guardian, yesterday, in Abuja, the Board alleged that the DG has rubbished the President’s anti-corruption crusade, financial …

Blame FG For Crisis That Would Befall Varsities – ASUU

Blame FG For Crisis That Would Befall Varsities – ASUU

November 4, 2019 7:01 am

Nigerians should hold the Federal Government responsible for any crisis that would befall universities in the country as a result of its resolve to force the Academic Staff Union of Universities (ASUU) into the IPPIS platform, the union has said. 

In a statement at the weekend signed by Mahmoud M. Lawan, coordinator of ASUU, Kano Zone, the lecturers’ union maintained that it would not be “coerced, forced or cowed by an empty threat of salary stoppage from any neo-colonial lackey.”

“We in ASUU, have unanimously agreed to vehemently reject the forceful enrolment of our members on the IPPIS platform and

…
Christine Lagarde: Crisis Fighter At Home In Halls Of Power

Christine Lagarde: Crisis Fighter At Home In Power

October 28, 2019 11:51 am
After a career breaking glass ceilings to join a tiny global elite, Christine Lagarde will bring the experience of cool-headed crisis fighting to her job as the first female head of the European Central Bank.
The 63-year-old Frenchwoman arrives at the ECB after weathering the financial crisis and its aftershocks at the French finance ministry, in 2007-11, and the International Monetary Fund in 2011-19 — the first woman to hold both jobs.

She faced one catastrophic threat after another, from the financial sector meltdown in 2008 to the Greek and Argentine debt crises.

Formerly a successful corporate lawyer, Lagarde is

…
Boeing Ousts Head Of Commercial Plane Unit Amid MAX Crisis

Boeing Ousts Head Of Commercial Plane Unit Amid MAX Crisis

October 23, 2019 11:43 am
Boeing on Tuesday replaced the chief of its commercial plane division, the most significant executive departure since the 737 MAX grounding plunged the company into crisis seven months ago.

Kevin McAllister, head of Boeing Commercial Airplanes (BCA), will leave the company effective immediately, Boeing said on the eve of a key quarterly earnings announcement.

McAllister will be replaced by Stan Deal, who has been chief of Boeing Global Services.

The announcement comes as the MAX crisis appears to be deepening following disclosures last week of text messages between two Boeing pilots in 2016 that suggested the company was aware of

…
Boeing 737 MAX Crisis Deepens, Hitting Shares

Boeing 737 MAX Crisis Deepens, Hitting Shares

October 21, 2019 4:06 pm

The pressure was mounting Monday on Boeing as newly-surfaced documents deepened doubts about the company’s ability to return a top-selling jet to service soon and amplified calls for a leadership shakeup.

Shares tumbled for the second day in a row after the Federal Aviation Administration on Friday sharply criticized Boeing for withholding key documents for months in probes following two crashes that killed 346 people.

The FAA rebuke added to the travails facing Boeing seven months after its top-selling jet was grounded, prompting Wall Street analysts to downgrade the company and raising speculation that it could be forced to temporarily …

The World Mustn’t Sleep-Walk Into Another Debt Crisis

The World Mustn’t Sleep-Walk Into Another Debt Crisis

October 17, 2019 4:17 am

Patricia Scotland

Trade wars, protectionism, and nationalist rhetoric are combining to create the possibility of a nightmare debt crisis that could be worse than any previously experienced. Global borrowing is now at the highest levels since the 1950s – and history suggests we should take this as a warning that a debt crisis could be looming. Were one to materialise, it could inflict greater dislocation on international financial systems and national economic stability than ever previously witnessed.

This would be particularly tragic in view of the extraordinary global commitment to delivering the Sustainable Development Goals, and as so many nations …

ASUU Crisis Deepens; Another Group Insists On Registration

ASUU Crisis Deepens; Another Group Insists On Registration

October 14, 2019 4:36 am
  • Alleges corruption, lack of consultation against national body
  • We hope reason will prevail at last, says ASUU

The crisis threatening the Academic Staff Union of Universities (ASUU) has deepened as the splinter group of the university lecturers’ union called Congress of University Academic (CONUA) at the weekend insisted that its immediate priority is a formal registration, accusing ASUU officials of corruption and lack of consultations in the handling of the affairs of the national body.

However, ASUU President, Prof. Biodun Ogunyemi, has insisted that there is no split in the union, adding that his senior colleagues and comrades have continued …

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