Friday, April 12, 2019

Sodiq Yusuff

    EXCLUSIVE: Chad ‘fuelling’ Boko Haram insurgency with eyes on Borno oil deposits

EXCLUSIVE: Chad ‘fuelling’ Boko Haram insurgency with eyes on Borno oil deposits

What started as mere suspicion in Nigeria's security circles is now being treated with utmost seriousness: Chad may be the major backer and staying power of Boko Haram ─ with eyes on the oil deposits in the Chad Basin, Borno state.Preliminary surveys have indicated that there is hydrocarbon deposit in an area covering 3,350 square metres in the Chad Basin, [...]

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    THE INSIDER: How FG officials turned ‘Boko Haram ceasefire’ to multi-million dollar scam

THE INSIDER: How FG officials turned ‘Boko Haram ceasefire’ to multi-million dollar scam

The recent Chad-brokered phantom ceasefire agreement between Nigeria and Boko Haram has further exposed an intricate money-spinning scam involving top federal government officials in the last two years.The latest fraud has left President Goodluck Jonathan red-faced, Aso Rock sources told TheCable, because this was not the first time he had been deceived into believing there was negotiation with genuine insurgents.In addition to the disappointment that the insurgency [...]

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    EXCLUSIVE: Tambuwal is Tinubu’s ‘Plan B’

EXCLUSIVE: Tambuwal is Tinubu’s ‘Plan B’

Aminu Waziri Tambuwal, speaker of the house of representatives, will receive the backing of Bola Tinubu, national leader of the All Progressives Congress (APC) if he picks the presidential nomination form of the party, TheCable understands.This is already generating some tension within the party, with a group writing to the national chairman, John Oyegun, to warn him about dumping Muhammadu Buhari, a retired major general [...]

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    Tambuwal heads to court as police remain adamant on security aides

Tambuwal heads to court as police remain adamant on security aides

Aminu Tambuwal, speaker of the house of representatives, will head to court to challenge the withdrawal of his security aides by the police."He has resolved to take a legal action after meeting with his associates," a member of the house of representatives, who asked not to be named, said.Tambuwal is expected to file the suit between Friday and Monday, although the details remain sketchy.This is [...]

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    Detained Boko Haram women, kids ‘to be freed’

Detained Boko Haram women, kids ‘to be freed’

Federal government is disposed to releasing wives and children of Boko Haram members in detention across the country as part of a ceasefire deal, TheCable has been informed.Despite claims that the militants are not giving any condition before reaching an agreement, TheCable recently reported that the sect is seeking blanket amnesty for its members who have been engaged in bombings, beheadings [...]

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    APC ‘sets up’ welcome committee for Tambuwal

APC ‘sets up’ welcome committee for Tambuwal

The northern caucus of the All Progressives Congress (APC) has resolved to set up a committee for a grand welcome reception for Aminu Tambuwal, speaker of the house of representatives, who recently defected to the party.Tambuwal registered as a member of APC in his hometown on Monday, ending months of speculations on his defection plans from the Peoples Democratic Party [...]

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    THE QUESTION: Can Tambuwal remain speaker?

THE QUESTION: Can Tambuwal remain speaker?

The defection of Aminu Tambuwal, speaker of the house of representatives, to the All Progressives Congress (APC) on Monday was long expected ─ what most Nigerians don't know now is if he can retain his position as the country's No. 4 citizen.Tambuwal, who registered with the APC in his hometown, Tambuwal, Sokoto state, on Monday evening shortly after attending the [...]

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    Tambuwal soft-pedals as PDP plots ouster

Tambuwal soft-pedals as PDP plots ouster

The Peoples Democratic Party (PDP) will move against Aminu Tambuwal, speaker of the house of representatives, following his defection to the All Progressives Congress (APC), party insiders have told TheCable.The speaker finally registered as a member of APC on Monday evening at his hometown, Tambuwal, in Sokoto state, TheCable confirmed from several of his associates.Although his spokesman, Imam Imam, issued [...]

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    EXCLUSIVE: Boko Haram ‘demands immunity’

EXCLUSIVE: Boko Haram ‘demands immunity’

Contrary to reports that Boko Haram leaders did not give any pre-condition for ceasefire, TheCable can report that immunity from prosecution was one of their demands.Alex Badeh, an air chief marshal and defence chief, had announced the ceasefire on Friday and disclosed that the kidnapped Chibok schoolgirls would be released as part of the deal.But attacks on some Borno villages at [...]

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    Boko Haram’s factionalisation ‘mars ceasefire’

Boko Haram’s factionalisation ‘mars ceasefire’

The factionalisation of Boko Haram has cast serious doubts over a ceasefire agreement announced by the federal government, but security chiefs who spoke with TheCable said "this was not unexpected".Alex Badeh, an air chief marshal and chief of defence staff, had announced on Friday that Boko Haram had declared a ceasefire.The over 200 schoolgirls kidnapped by the insurgents in April [...]

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    EXCLUSIVE: How Idriss Déby brokered ceasefire

EXCLUSIVE: How Idriss Déby brokered ceasefire

Between July and August 2014, some Boko Haram commanders wrote two letters to the president of Chad, Idriss Déby Itno, asking him to broker a ceasefire deal with the Nigerian government, TheCable has been informed by senior government officials.Déby passed the letters to his security agencies to authenticate and give him a feedback in order to determine if they were [...]

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    Kwankwaso refuses to step down for Buhari

Kwankwaso refuses to step down for Buhari

Kano governor, Rabiu Musa Kwankwaso, will not step down for Muhammadu Buhari in the race for the presidential ticket of the All Progressives Congress (APC), TheCable has been informed.There has been tremendous pressure on Kwankwaso to step down in order to boost the chances of the former head of state, but several meetings between the supporters of both aspirants have [...]

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    THE QUESTION: Was Obasanjo giving Jonathan a hint?

THE QUESTION: Was Obasanjo giving Jonathan a hint?

There you have it: former President Olusegun Obasanjo saying he is still a member of the Peoples Democratic Party (PDP), that he has never left the PDP and that he will never leave the PDP.But there is a catch: as long as Buruji Kashamu is a leader of the party in the south-west, "I cannot be active."Obasanjo, who has been [...]

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    Tinubu, Saraki ‘back Buhari’ for APC’s ticket

Tinubu, Saraki ‘back Buhari’ for APC’s ticket

National leader of All Progressives Congress (APC), Bola Tinubu, will throw his weight behind Muhammadu Buhari in the race for the party's presidential ticket, TheCable understands.Former governor of Kwara state, Bukola Saraki, will also support the former head of state in the indirect primary election scheduled for December 2, having shelved his own ambition.Already, Governor Rotimi Amaechi of Rivers State [...]

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    3 take-aways from Adamawa impeachment saga

3 take-aways from Adamawa impeachment saga

And so the Adamawa governorship bye-election scheduled for Saturday, October 11, will no longer hold. A federal high court in Abuja ruled on Wednesday that constitutionally, Murtala Nyako was the substantive governor when his deputy, Bala Ngilari, purportedly resigned. He should have sent his "resignation letter" to Nyako and not to the house of assembly.Nyako had openly said Ngilari should [...]

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    Pressure on Kwankwaso to withdraw for Buhari

Pressure on Kwankwaso to withdraw for Buhari

Malam Rabiu Musa Kwankwaso is under pressure to step down for General Muhammadu Buhari in the race for the presidential ticket of the All Progressives Congress (APC), TheCable understands.In recent times, supporters of the former head of state have been campaigning for his adoption as the consensus candidate of the party for the February 14, 2015 presidential election.However, with the party's [...]

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Exchange Rates

April 11, 2019USDGBPEUR
INTERBANK306397354
LAGOS362475413
KANO361474413
PH361475412
ABUJA362476413
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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