nigerian

Public Officials Must Patronise Nigerian Hospitals – Obi

Public Officials Must Patronise Nigerian Hospitals – Obi

Vice Presidential candidate of the People’s Democratic Party in the 2019 presidential general election and former governor of Anambra State, Mr Peter Obi, has said political office holders in Nigeria should visit hospitals in the country for their personal health needs instead of going abroad for medical tourism and encouraging capital flight.

Obi made the call while speaking during the installation of the 13th President of Onitsha Chamber of Commerce, Industry, Mines and Agriculture, (ONICCIMA) at Patterson Hall, All Saints Cathedral, Onitsha.

Using himself as an example, he said he visits local hospitals like Holy Rosary Hospital, Waterside, Onitsha for …

Nigerian Border Closure Targeted At Poor Masses – Ohanaeze

Nigerian Border Closure Targeted At Poor Masses – Ohanaeze

The Ohanaeze Ndigbo has taken a swipe at the recent closure of the nation’s land borders by the Federal Government.

This is as Igbo traders under the auspices of southeast Amalgamated Market Traders Association (SEAMATA) said the continued closure has crippled their trading activities.

Enugu State chapter of the Ohanaeze said the border closure has inflicted more pains and hardships on the poor.

President of Ohanaeze Enugu State, Alex Ogbonnia, at a briefing after a meeting at the weekend, said it was an act of hypocrisy to shut borders to rice importation, while foreign exotic cars were given the …

Closure Of Nigerian Borders May Worsen Ports’ Congestion

Closure Of Nigerian Borders May Worsen Ports’ Congestion

• Stakeholders Express Worry, Task Govt On Ports’ Efficiency
• Fear Grip Importers Over Imminent Delay Of Cargoes
• More Vehicles Imported Through Seaports

Barely five days after the complete closure of Nigerian borders, there are palpable fears that the increasing volume of cargo to the seaports may worsen the congestion phenomenon.

Already, port operators have confirmed increased patronage, but there are rising concerns that the prevailing challenges at the seaports may hamper swift cargo clearance and evacuation.

Our reporters’ investigations revealed that many of the terminals in Lagos ports are currently experiencing congestion, with about 80 percent of the …

Another 147 Inmates Found By Nigerian Police In Kaduna

Another 147 Inmates Found By Nigerian Police In Kaduna

The Kaduna State Police Command has raided another rehabilitation centre in Kaduna, where 147 inmates mostly in shackles were found.

The Command Public Relations Officer, DSP Yakubu Sabo confirmed the raid in a press statement issued on Saturday in Kaduna.

He said that the police raided NIGAS Rehabilitation and Skills Acquisition Centre located at Rigasa in Igabi Local Government Area, at about 8 am on Saturday.

According to him, Gov. Nasir El-Rufai led the operation at the center which had male and female inmates.

Sabo explained that during the raid, some of the inmates made certain allegations of maltreatment …

Nigerian Stock Exchange List Union Bank ₦30bn 10Yrs Bond

The Nigerian Stock Exchange (NSE) last Friday listed the  Union Bank of Nigeria Plc’s ₦30 billion  10-Year, 16.2 per cent Subordinated Unsecured Fixed Rate Series 3 Bonds Due 2029.

The bond was issued by the financial institution under its ₦100 billion debt issuance programme and its listing will create liquidity for holders who want to trade the security. The bond is expected to boost the performance of the bank going forward.

Union Bank of Nigeria had reported profit before tax (PBT)of ₦18.7 billion for the half-year ended June 30, 2019, showing an increase of four percent from ₦11.7 billion in …

Cumulative Domestic Debts Of Nigerian States Equals ₦4tr

Cumulative Domestic Debts Of Nigerian States Equals ₦4tr

• Lagos (₦542.231b), Delta (₦223.442b), Rivers (₦225.592b)
• Jigawa (₦38.227b), Anambra (₦33.490b), Yobe (₦26.990b)

Domestic debts of the 36 states and the Federal Capital Territory (FCT) as at the end of March 2019 was 3.972 trillion, the Debt Management Office (DMO) has disclosed.

The debt profile includes the more than 600 billion bailout fund which President Muhammadu Buhari gave to states in 2016 in the wake of falling oil prices at the international market. The states had complained that they were unable to pay salaries and meet operational costs.

Although Lagos is one of the few states that …

Six Illegal Immigrants Arrested At The Nigerian Border

Six Illegal Immigrants Arrested At The Nigerian Border

The operatives of the Ogun State Command of the Nigeria Immigration Service have arrested six illegal immigrants at Idiroko borders in the state.

“When you aid unknown people into your country, without even knowing their aim, it is a big risk,” the comptroller of immigration, Doris Braimah said on Tuesday while parading the suspects.

“It is actually called security threat.”

The illegal immigrants were being smuggled in by two Nigerians through one of the country’s major borders in the state when the officers intercepted them.

READ ALSO: Ronaldo Named Highest Earner On Instagram, Beats Messi

The two suspects who smuggled …

Nigerian Painting Fetches £1.1 Million After Google Search

Nigerian Painting Fetches £1.1 Million After Google Search

A painting by the Nigerian artist responsible for the “African Mona Lisa” sold at auction in London on Tuesday for £1.1 million after the family who owned it googled the signature and realised its importance.

“Christine”, by 20th century master of African modernism Ben Enwonwu, had been in the sitter’s family home ever since it was painted in Lagos in 1971.

“The family were unaware of the significance of the painting or the importance of the artist until a chance “googling” of the signature led them to Sotheby’s free Online Estimate Platform,” said the London auction house.

The painting fetched …

847 Nigerian Soldiers Lost To Boko Haram In Six Years

847 Nigerian Soldiers Lost To Boko Haram In Six Years

Chairman of the Senate committee on Army, Senator Ali Ndume, on Tuesday, disclosed that a total of 847 Nigerian soldiers had lost their lives to the Boko Haram insurgency in the last six years.
Ndume, who spoke on the recent visit of the National Assembly joint committee on Army to the war theatre in Borno state, said the Army high command gave the casualty figures to the committee last Thursday.
According to him, the Army commander was able to make available a breakdown of the military casualties to the Boko Haram insurgency since 2013.
He added that the committee
Peter Obi Calls For Massive Investment In Nigerian Youths

Peter Obi Calls For Massive Investment In Nigerian Youths

A former Anambra State governor and vice presidential candidate of Peoples Democratic Party (PDP), Mr. Peter Obi, yesterday stressed the need for Nigeria to invest in her human capital as it is being done in developed countries, noting that this would go a long way in improving the leadership qualities in the country.

Obi, who featured on Arise TV, expressed concern that the country seemed to be jostling between productivity and certificates, saying rather than calling the Nigerian youths lazy, we should invest in them.

According to him, “Those youths we are calling lazy are our assets. The founder of …

Finance Minister Leads Nigerian Team to IMF And World Bank

Finance Minister Leads Nigerian Team to IMF And World Bank

The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed is leading Nigeria’s delegation to the 2019 annual meetings of the International Monetary Fund (IMF) and World Bank billed to commence today in Washington DC, United States of America.

The week-long events, which run between October 14 and 20, will attract global players from the public and private sectors where issues ranging from economy, finance, trade, environment, climate change and other global socio-economic challenges are discussed.

The Nigerian delegation at the global event also features top government functionaries, including the Governor of the Central Bank of Nigeria (CBN), …

Nigerian Governors Forum (NGF) Demand Payment In Dollars

Nigerian Governors Forum (NGF) Demand Payment In Dollars

The Nigerian Governors Forum (NGF), an umbrella body of the governors of the 36 states of the federation are mulling to make a demand from the federal government, that their shares and those of the local governments from the Federation Account be given to them in US Dollars.

This anticipated move cannot be far from their expressed worries over the intractable problem of fuel subsidy, which has affected the amount of money available for distribution among the three tiers of government.

One of the governors confided in our reporters at the weekend in Abuja that their efforts to resolve the …