News

<strong>Wike Chides Atiku For Critising Buhari</strong>
Elections, News, Nigeria

Wike Chides Atiku For Critising Buhari

Governor Nyesom Wike of Rivers State has accused the presidential candidate of the Peoples Democratic Party, PDP, Atiku Abubakar of hypocrisy. The governor stated this when he led the presidential candidate of the Labour Party, Peter Obi to inaugurate the Nkpolu-Oroworokwo Flyover in Port Harcourt, Rivers State on Thursday. Wike said that Atiku lacks the moral basis to critise President Muhammadu Buhari over the alleged lopsided appointment of security chiefs in the country. According to the Rivers State governor, Atiku should ensure equity in his party before calling out the President over a related issue. Recall that Wike and the G5 governors have been clamouring for the resignation of the National Chairman of the PDP, Iyorchia Ayu. They argue that the national chairman and ...
<strong>Drunk Corporal Crushes Army General To Death In Lagos</strong>
Crime, Law Enforcement, News, Nigeria

Drunk Corporal Crushes Army General To Death In Lagos

A brigadier-general in the Nigerian Army identified as Audu James has lost his life in an auto crash in Lagos. James who was the monitor-general of the senior executive course, Sec, 40 at the National Institute for Policy and Strategic Studies, NIPPS, Karu, Plateau State, passed on from injuries sustained after he was smashed by a car on Tuesday. The death of the brigadier-general was confirmed by Kayode Olagunju, the welfare officer of the SEC 40, NIPSS, in a statement issued on Wednesday. The statement read, “Sad news. We lost a gem. Our indefatigable, humble, friendly bridge builder, the Monitor General SEC 40 of the National Institute for Policy and Strategic Studies, Kuru, Brig Gen Audu Ogbole James (mni), just departed. “He died from injuries sustained from a knockdo...
<strong>How Naira Redesign May Crash Dollar To N200 – EFCC Boss</strong>
Economy, Finance, News, Nigeria

How Naira Redesign May Crash Dollar To N200 – EFCC Boss

Chairman of the Economic and Financial Crimes Commission, EFCC, Abdulrasheed Bawa has said that the value of the dollar against the naira may drop to N200 after the redesign of naira notes. The EFCC Chairman disclosed this on Wednesday in an interview with the Hausa service of Deutsche Welle (DW). Recall that the governor of the Central Bank of Nigeria, Godwin Emefiele, had on October 26, announced the plan to redesign the N200, N500, and N1,000 notes of the naira in an attempt to regulate money supply and help security personnel in battling illicit financial flows. The anti-graft agency boss lauded President Muhammadu Buhari for backing the naira redesign policy. Bawa said, “The law says the redesigning of naira notes should be done every eight years but we spent 20 years...
<strong>Gov Wike Apologises To Oshiomhole For Backing Obaseki’s Re-election</strong>
News, Nigeria

Gov Wike Apologises To Oshiomhole For Backing Obaseki’s Re-election

Governor Nyesom Wike of Rivers State has tendered an apology to the former national chairman of the All Progressives Congress, APC, Adams Oshiomhole, for backing the re-election of Godwin Obaseki as governor of Edo State. Wike stated this while speaking at the inauguration of the Rumuepirikom flyover in Obio-Akpoe Local Government Area, LGA, of the State on Wednesday, noting that he is now close friends with Oshiomhole. Adams Oshimhole The Rivers state governor had supported Obaseki’s re-election in 2020 after the Edo governor cross carpeted to the PDP following his fallout with Oshiomhole, his former ally. However, Obaseki has been at loggerheads with Wike in recent times and do not appear to be in good terms at the moment. Wike while referring to Oshiomhole during the ina...
<strong>FG Insists On No Work No Pay For ASUU Members</strong>
Education, Finance, Labour, News, Nigeria

FG Insists On No Work No Pay For ASUU Members

The Federal Government has insisted that members of the Academic Staff Union of Universities, ASUU, will not be paid for the period they were on strike. This was disclosed by the Minister of Education, Adamu Adamu, in an interaction with State House correspondents in Abuja, noting that it was in line with the policy of ‘No work, no pay’. Recall that ASUU had suspended its eight-month-old strike in October following an order of the Court of Appeal which upheld a ruling of the National Industrial Court asking the lecturers to return to the classroom. However, following the suspension of the strike, the Muhammadu Buhari-led administration paid ASUU members half salaries for the month of October while holding on to its resolve not to pay the arrears of salaries incurred while the...
<strong>Atiku Labels Petrol Subsidy A Scam, Promises Decisive Action  </strong>
Elections, News, Nigeria, Petroleum

Atiku Labels Petrol Subsidy A Scam, Promises Decisive Action  

The Presidential candidate of the Peoples Democratic Party, PDP, Atiku Abubakar, has promised to engage creditors to solicit cancellation or forgiveness to tackle Nigeria’s foreign debt profile. He stated this on Tuesday at the Lagos Business School 2022 alumni day, while outlining his plans for economic recovery if given the opportunity to govern the country. Abubakar labeled the controversial petrol subsidy as fraud and promised to scrap it once elected. The PDP presidential candidate listed some of the positive impacts of his party between 199 to 20007 to include debt cancellation, privatisation, banking reforms, and an effective working partnership with the private sector. He said, “I was the chairman for the removal of the fuel subsidy committee and I recall how we re...
<strong>NBC Fines Arise TV N2m Over Report on Tinubu   </strong>
Communication, News, Nigeria

NBC Fines Arise TV N2m Over Report on Tinubu   

The National Broadcasting Commission, NBC, has announced a N2 million fine for Arise television over a fake report about Bola Tinubu, the presidential candidate of the All Progressives Congress, APC. This was contained in a statement issued by Balarabe Shehu Helah, the NBC Director General. Arise television had broadcast a report that the Independent National Electoral Commission, INEC, was carrying out an investigation into Tinubu’s alleged drug trafficking crime. See Also: Tiktokers To Be Flogged In Kano For Defaming Ganduje Social media was agog with a statement reportedly issued by INEC, however, the electoral umpire on Saturday dismissed the report as a handiwork of mischief makers. Following the development, the television station on Sunday tendered an apology to ...
<strong>Peter Obi Knows He Can’t and Won’t Win – Soludo</strong>
Elections, News, Nigeria

Peter Obi Knows He Can’t and Won’t Win – Soludo

Anambra State governor, Chukwuma Soludo has said that Peter Obi, presidential candidate of the Labour Party, LP, will not win the 2023 presidential election. Soludo stated this on Monday in an article published on his social media handle titled, ‘History Beckons an I Will Not Be Silent (Part 1). This follows the criticism that trailed the governor’s recent remarks on the worth of investment Obi made for the state as the then-governor. Recall that Soludo during an interview with Channels Television, labeled the investments made by Obi as now worth “worth next to nothing”. Soludo in his reaction to the backlash that followed his comment said Obi is aware of the game he is playing, noting that Obi does not have the needed structure in place to win the presidential election un...
<strong>Gunmen Ambush Bullion Van In Anambra</strong>
Crime, News, Nigeria

Gunmen Ambush Bullion Van In Anambra

Gunmen ambushed a bullion van in Ufuma, Orumba South Local Government Area of Anambra State on Thursday. Reports say the bullion van was attacked around 4:00 p.m while conveying cash to an undisclosed location. The gunmen followed and shot at the van and security personnel attached to the van. The attack was confirmed by the police spokesperson in the State, deputy superintendent Tochukwu Ikenga, stating that it was a suspected armed robbery attack. He said, “Police operatives attached to the bullion van gallantly repelled the attack.” According to Ikenga, the force have commenced a manhunt for the attackers.   See Also: UNICEF Condemns Abduction Of 21 Schoolchildren In Katsina The police spokesperson said the police have recovered a Lexus and a Highlander SUVs ...
Naira Gains To N710/$ At Parallel Market
Economy, Finance, News, Nigeria

Naira Gains To N710/$ At Parallel Market

The naira has recovered from its recent dip, rising at the market to N710 per dollar in Lagos on Friday. The naira has recovered from its recent dip, rising at the market to N710 per dollar in Lagos on Friday. The rate represents N115 or 13.9 percent rise compared to the N825 to a dollar it exchanged on Wednesday. According to Bureaux De Change operators, BDCs in Ikeja, Lagos, who spoke to TheCable on the issue, the buying rate of the greenback was N700 while the selling price stood at N710 per dollar, amounting to a N10 profit margin. Abubakar, a trader at the Alade Market, Ikeja said, “I have plenty of dollars in my hand but people are not buying as much as before. I have not yet sold anything today.” A currency trader at Victoria Island, simply identified as Musa, sa...