Thursday, November 15, 2018

Sodiq Yusuff

    Senate’s one-month adjournment puts ministerial nomination on hold

Senate’s one-month adjournment puts ministerial nomination on hold

The one-month adjournment by the senate on Thursday has effectively dashed hopes that President Muhammadu Buhari will soon have a cabinet in place.After the controversial adoption of Ali Ndume as senate leader, Bukola Saraki, senate president, adjourned plenary till July 21, a development that means even if Buhari's cabinet list is ready now, the senate will not be sitting to [...]

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    EXCLUSIVE: Buhari may borrow to clear salary backlog and subsidy claims

EXCLUSIVE: Buhari may borrow to clear salary backlog and subsidy claims

The federal government should consider issuing bonds to raise the needed funds to settle salary arrears and clear outstanding fuel subsidy payments, the APC transition committee has recommended.Although this is going to increase the debt burden of the federal government, the inherited salary and subsidy arrears are viewed by the committee as "short-term liabilities" which should be addressed by President Muhammadu Buhari to [...]

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    OBITUARY: Dan Maraya Jos, iconic Hausa singer and Nigeria’s ‘best-known’ orphan

OBITUARY: Dan Maraya Jos, iconic Hausa singer and Nigeria’s ‘best-known’ orphan

Born to a father who was himself a musician in the emir's palace, Adamu Wayya would go on to adopt the moniker "Dan Maraya Jos" ("the Little Orphan of Jos") to reflect the fact that he lost his parents so early in life.His father died shortly after his birth and his mother did not live long thereafter either, but being [...]

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    EXCLUSIVE: Transition committee proposes removal of fuel subsidy

EXCLUSIVE: Transition committee proposes removal of fuel subsidy

The All Progressives Congress (APC) transition committee has asked President Muhammadu Buhari to work out "detailed and coordinated" plan to remove subsidy on premium motor spirit (PMS), otherwise known as petrol.The advisory body, whose report is expected to influence the policy direction of the new government, also recommended that kerosene subsidy should be scrapped immediately.While kerosene is officially N50 per [...]

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    EXCLUSIVE: Joda committee asks Buhari to appoint only 19 senior ministers

EXCLUSIVE: Joda committee asks Buhari to appoint only 19 senior ministers

The Ahmed Joda-led transition committee of the All Progressives Congress (APC) has asked President Muhammadu Buhari to prune the number of federal ministries from 28 to 19.In its report seen by TheCable, the advisory committee recommended that Buhari should have only 19 senior ministers, while 17 ministers of state should be appointed, bringing the total to 36 in fulfillment of the [...]

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    Anxiety mounts as Buhari keeps Tinubu, Atiku, Fashola in the dark over new cabinet

Anxiety mounts as Buhari keeps Tinubu, Atiku, Fashola in the dark over new cabinet

Leaders of the All Progressives Congress (APC) are in the dark over President Muhammadu Buhari's cabinet as he is yet to discuss potential ministerial nominees with them, TheCable can report.John Odigie-Oyegun, chairman of the party, and national leaders such as Bola Tinubu, former Lagos governor, and Atiku Abubakar, former vice-president, are all in the dark over nominations, presidential sources told [...]

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    Tinubu tamed, PDP regroups, Buhari baffled… and other takes from Tuesday Thriller

Tinubu tamed, PDP regroups, Buhari baffled… and other takes from Tuesday Thriller

It was a development foretold but it was equally an eloquent testimony to the veracity of that ageless axiom: history has a way of repeating itself. Before appraising the emergence of Abubakar Bukola Saraki as senate president and the crowning of Yakubu Dogara as speaker of the house of representatives, you have to rewind to early June 2011. The then ruling [...]

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    PDP lawmakers ‘all set’ to choose senate president, speaker for APC

PDP lawmakers ‘all set’ to choose senate president, speaker for APC

With the All Progressives Congress (APC) unsuccessful in its last-minute moves to avoid a contest, the senate president and speaker of the house of representatives will be decided by the Peoples Democratic Party (PDP).The PDP, which lost control of both houses for the first time since 1999, has officially adopted Bukola Saraki for senate president and Yakubu Dogara for speaker - in [...]

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    EXCLUSIVE: How NIPC boss was fired for embarrassing Jonathan on ‘$20bn tax waivers’

EXCLUSIVE: How NIPC boss was fired for embarrassing Jonathan on ‘$20bn tax waivers’

Saratu Umar was fired as the executive secretary of the Nigerian Investment Promotion Commission (NIPC) on the suspicion that she leaked information on the granting of questionable tax waivers estimated to be worth $20 billion, TheCable can report.Umar, who was appointed only last year, was sacked on Monday by President Goodluck Jonathan exactly eight days after a nine-month-old letter on the controversial [...]

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    EXCLUSIVE: Buhari ‘will not intervene’ in choice of senate president, speaker

EXCLUSIVE: Buhari ‘will not intervene’ in choice of senate president, speaker

President-elect Muhammadu Buhari has refused to intervene in the ongoing intrigues surrounding the election of the senate president and speaker in the incoming administration, TheCable has learnt.This development has unsettled many of the leaders of the All Progressives Congress (APC) who believe that he has to put his feet on the ground to forestall the looming crisis in the party.But Buhari, according [...]

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    EXCLUSIVE: Buhari to shake up the military

EXCLUSIVE: Buhari to shake up the military

One of the first major actions to be taken by President-elect Muhammadu Buhari on assumption of office is a massive shake-up of the military, TheCable understands.There will be a "mass retirement" of senior officers who are believed to have corruptly enriched themselves or "who abandoned professionalism for politics", sources in the know of the plan told TheCable.Already, a small group has [...]

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    THE QUESTION: Will Mallam Nuhu Ribadu become governor of Adamawa state

THE QUESTION: Will Mallam Nuhu Ribadu become governor of Adamawa state

When the governorship election kicks off across 29 states of the country on Saturday morning, the stakes will be much higher in a few states than many others; and one of those high-stake states is Adamawa, where Nuhu Ribadu, erstwhile chairman of the Economic and Financial Crimes Commission (EFCC), will face off with Mohammed Umar Jibrilla, deputy chairman of the senate [...]

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    The five architects of Jonathan’s defeat

The five architects of Jonathan’s defeat

Nigerians made history. For the first time in the nation’s democratic history, an incumbent president has been defeated. While incumbent governors have been defeated in the past, it was a feat many thought might not be possible at the centre for a long time to come. But Nigerians, by their votes, have shown the exit door to a government they [...]

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    THE QUESTION: Is Mu’azu, PDP chairman, really quietly working for Buhari?

THE QUESTION: Is Mu’azu, PDP chairman, really quietly working for Buhari?

Reports that Adamu Mu'azu, chairman of the Peoples Democratic Party (PDP), is treated with strong suspicion in the camp of President Goodluck Jonathan may not be flimsy after all, TheCable can report.Already, there are insinuations that Mu'azu, who was the governor of Bauchi state from 1999 to 2007, is not "lifting a finger" for Jonathan ahead of the March 28 [...]

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    Amnesty: Boko Haram killed 4,000 in 2014

Amnesty: Boko Haram killed 4,000 in 2014

Boko Haram killed 4,000 persons in 2014 alone, taking women as sex slaves and abducting politicians for ransom, Amnesty International has said in a written statement to the UN General Assembly.The statement, distributed in February, was submitted by the non-governmental organisation under its special consultative status and will be considered by the Human Rights Council as the fourth agenda at its [...]

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    EXCLUSIVE: How Justice Uwais’ son – who claims to hate Boko Haram – joined ISIS jihadists

EXCLUSIVE: How Justice Uwais’ son – who claims to hate Boko Haram – joined ISIS jihadists

Ibrahim Uwais gave his parents and everyone around him the impression that he hates Boko Haram because of the "damage" they are doing to Islam — but he has now gone to Syria apparently to join the Islamic State militants.His distraught father, Mohammed Uwais (pictured) — who served as the chief justice of Nigeria from 1995 to 2006 — was [...]

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Exchange Rates

November 13, 2018USDGBPEUR
INTERBANK306397354
LAGOS359475418
KANO359476420
PH360476420
ABUJA359478419
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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