Wednesday, September 26, 2018

Dyepkazah Shibayan

    Adeosun: We need to overhaul our tax policy to increase govt revenue

Adeosun: We need to overhaul our tax policy to increase govt revenue

The federal government needs to overhaul its tax policy due to the country's low tax to Gross Domestic Product (GDP) ratio, Kemi Adeosun, minister of finance, has said. While inaugurating a tax review committee on Wednesday in Abuja, Adeosun said the ministry would ensure that taxes are simplified to Nigerians.She explained that in the view of reducing tax burden on small and [...]

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    Our politicians are jobbers and padders, says Donald Duke

Our politicians are jobbers and padders, says Donald Duke

Donald Duke, former governor of Cross Rivers state, is unhappy about the present crop of politicians, and he has described them as "jobbers and padders".Speaking in Abuja on Wednesday at programme organised by the Kukah centre, themed 'From activism to political power: the challenges of democratic governance in Nigeria', Duke also criticised the "change" being offered by the current administration.The forum featured [...]

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    Oshiomhole: I joined government to study how politicians manipulate the society

Oshiomhole: I joined government to study how politicians manipulate the society

Adams Oshiomhole, outgoing governor of Edo state, says he joined government to understand how politicians manipulate and control societies.Oshiomhole spoke on Wednesday at a programme organised by the Kukah centre, with the theme 'From activism to political power: the challenges of democratic governance in Nigeria'."I joined the ruling class, having been temporarily associated with them, for the purpose of studying them [...]

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    N331.5bn released for capital projects, says Udoma

N331.5bn released for capital projects, says Udoma

Udoma Udo Udoma, minister of budget and national planning, says the federal government has so far released N331.5 billion for capital projects from the 2016 budget.According to a statement issued on Tuesday by Adedeji Ajibade, director information of the ministry, the minister disclosed this at a town hall meeting on the "policy dialogue for good governance" organised by the ministry of [...]

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    Jibrin: Dogara is afraid… He has so much to hide

Jibrin: Dogara is afraid… He has so much to hide

Abdulmumin Jibrin, former chairman of the house of representatives appropriations committee, says Yakubu Dogara, the speaker and other principal officers of the lower chamber "obviously have so much to hide, so much to fear".In a statement released on Tuesday, Jibrin also said Dogara and others wanted him out of his position because of his independent-mindedness and resistance to corruption.This allegation is the [...]

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    UPDATED: Court defers judgement on Ikpeazu-Ogar governorship tussle

UPDATED: Court defers judgement on Ikpeazu-Ogar governorship tussle

The appeal court sitting in Abuja has reserved judgement on an application challenging the jurisdiction of the court to a hear the appeal of Okezie Ikpeazu, the Abia governor sacked by a high court.Ikpeazu was sacked by the court due to "discrepancies" in his tax documents at the instance of Uche Ogar, whom he contested the Peoples Democratic Party (PDP) [...]

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    UK APC: Arrest of blogger by EFCC is attempt to embarrass Buhari

UK APC: Arrest of blogger by EFCC is attempt to embarrass Buhari

The All Progressives Congress (APC) in the United Kingdom has described the arrest of Abubakar Usman Sidiq popularly known as "Abusidiq" by the Economic and Financial Crimes Commission (EFCC) as an attempt to embarrass the Muhammadu Buhari administration.A statement by Adenike Lucas, on behalf of the party in the UK, alleged that the EFCC under Ibrahim Magu was attempting to [...]

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    Bloodshed makes no sense, Jonathan tells Zambian presidential aspirants

Bloodshed makes no sense, Jonathan tells Zambian presidential aspirants

Goodluck Jonathan, Nigeria's former president, has urged political parties taking part in Zambia's general elections to refrain from violence and accept the eventual outcome of the polls.The general election is scheduled to take place on Thursday.According to a statement issued by Ikechukwu Eze, his media adviser, Jonathan made the plea on Sunday at a press conference in Lusaka.Jonathan, who is the [...]

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    APC ‘could sanction’ Jibrin over budget padding allegations

APC ‘could sanction’ Jibrin over budget padding allegations

Timi Frank, deputy national publicity secretary of the All Progressives Congress (APC), has scolded Abdulmumin Jibrin, former chairman of the house of representatives appropriations committee, for flouting the party's order of "ceasefire" and commenting on the budget padding allegations he levelled against Yakubu Dogara, the speaker, and 11 others.In a statement on Sunday, Jibrin levelled fresh allegations against the speaker.The [...]

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    Jibrin: Two governors preventing me from seeing Buhari

Jibrin: Two governors preventing me from seeing Buhari

Abdulmumin Jibrin, former chairman of the appropriations of the house of representatives, says two unnamed governors and three lawmakers are blocking his access to President Muhammadu Buhari to prevent him from stating his own side of the "budget padding" story. In a statement on Sunday, Jibrin accused Yakubu Dogara, the speaker, and the 12 others he accused of padding the 2016 budget are after his [...]

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    11 soldiers ‘killed’ by bandits in Niger state

11 soldiers ‘killed’ by bandits in Niger state

The Nigerian army says 11 soldiers have lost their lives in Niger state in a raid by gunrunners and armed bandits.In a statement released on Saturday, Sani Kukasheka Usman, the army spokesman, said the soldiers went on a search following surveillance and intelligence reports on the activities of some gunrunners and armed bandits in Kopa, Dagma and Gagaw villages of [...]

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    Report indicts US embassy officials of ‘aiding’ corruption in Nigeria

Report indicts US embassy officials of ‘aiding’ corruption in Nigeria

A recent report by the Council on Foreign Relations says that despite the United State's government efforts to combat illicit finance, poor governance, and violent extremism in Nigeria and the world at large, US embassy officials in the country have neglected that for personal gains.A report authored by Matthew T. Page, entitled 'Improving U.S. Anti-corruption Policy in Nigeria' explained that sequel [...]

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    Wike accuses journalists of consipratorial silence on Rivers affairs

Wike accuses journalists of consipratorial silence on Rivers affairs

Nyesom Wike, governor of Rivers state, on Thursday accused the media of "conspiracy of silence" over the incomplete representation of the state in the national assembly.While declaring open the 12th All Nigeria Editors Conference organised by the Nigerian Guild of Editors in Port Harcourt, Wike urged the editors to be fair in their reportage and stand with the Rivers people [...]

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    Faleke fails to unseat Bello at appeal court

Faleke fails to unseat Bello at appeal court

The appeal court sitting in Abuja has dismissed an application by James Faleke, running mate to late Abubakar Audu in the 2015 Kogi governorship election, to nullify the installation of Yahaya Bello of the All Progressives Congress (APC) as governor of the state.Bello was nominated by the APC to replace the late Audu following his death.Faleke had argued that the votes [...]

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    Omolori emerges national assembly clerk

Omolori emerges national assembly clerk

The National Assembly Service Commission (NASC) has confirmed the appointment of Sani Omolori as clerk of the assembly.Prior to the appointment, Omolori was the clerk of the house of representatives, and acting clerk of the national assembly.Adamu Fika, executive chairman of the commission, confirmed Omolori's appointment in a letter.The letter said the appointment was in recognition of his "hard [...]

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    ‘Jibrin-Dogara feud shows APC leadership is incompetent’

‘Jibrin-Dogara feud shows APC leadership is incompetent’

Timi Frank, deputy national publicity secretary of the All Progressives Congress (APC), says the intervention of his party in the feud between Yakubu Dogara, speaker of the house of representatives, and Jibrin Abdulmumin, the former appropriations committee chairman, is commendable but it is coming late.Speaking to journalists on Wednesday, Frank described the situation as an "embarrassment" and proof of the [...]

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Exchange Rates

September 24, 2018USDGBPEUR
INTERBANK360.45480.18420.32
LAGOS360485425
KANO361483423
PH362482423
ABUJA362481423
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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