Wednesday, May 22, 2019

Taiwo Adebulu

    Wike insists army commander is involved in oil theft, denies bribery allegation

Wike insists army commander is involved in oil theft, denies bribery allegation

Nyesom Wike, governor of Rivers state, says the bribery allegation levelled against him by Jamil Sarham, general officer commanding (GOC) 6 division of the Nigerian army, is false.Speaking in Port Harcourt, the state capital, while announcing the dissolution of his cabinet, Wike said the army commander should explain his involvement in oil bunkering instead of resorting to "unfounded allegations".On Sunday, [...]

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    Zamfara assembly passes bill to create additional emirate

Zamfara assembly passes bill to create additional emirate

The Zamfara state house of assembly has passed a bill for the creation of another emirate council in the state.The bill for the creation of Bazai emirate, presented by the executive, was passed on Wednesday, on the floor of the house.This will bring the number of emirate councils in the state to 18.On Tuesday, Ibrahim Kwatarkwashi, lawmaker representing Bungudu east, [...]

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    ASUU: FG approves fresh N25bn earned academic allowance

ASUU: FG approves fresh N25bn earned academic allowance

Adamu Adamu, minister of education, says the federal government has approved an additional N25 billion allowance for members of the Academic Staff Union of Universities (ASUU).Speaking at a valedictory press conference in Abuja on Tuesday, Adamu said the newly approved fund is different from the N20 billion earlier released in 2018.He assured that the beneficiary institutions would get the [...]

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    Businessman sues acting CJN over ‘falsification’ of age

Businessman sues acting CJN over ‘falsification’ of age

Tochi Michael, a 46-year-old businessman, has sued Ibrahim Muhammad, acting chief justice of Nigeria (CJN), over alleged age falsification.In a suit filed at a federal capital territory (FCT) high court in Abuja in April, Michael alleged that the acting CJN intentionally doctored his date of birth from December 31, 1950, as stated in all his official records, to December 31, [...]

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    Police: We’ve uncovered plans to disrupt May 29 handover in Ogun

Police: We’ve uncovered plans to disrupt May 29 handover in Ogun

The Ogun state police command says it has uncovered plans by some persons to disrupt the May 29 handover ceremony in the state.In a statement on Tuesday, Abimbola Oyeyemi, the command's spokesman, said all forms of rallies or procession in public spaces in the state should be suspended.Oyeyemi said "some enemies of peace" have planned to hold rallies disguised in [...]

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    FG inaugurates 10MW power plant for Abuja airport

FG inaugurates 10MW power plant for Abuja airport

The federal government, on Tuesday, inaugurated a 10 megawatts power plant for the Nnamdi Azikiwe International Airport, Abuja.Hadi Sirika, minister of state for aviation, said the independent power plant (IPP) is to complement electricity supply at the airport.The minister added that the project was executed due to the high electricity demand following the construction of the new international terminal.“It is [...]

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    Lai: Obasanjo seeking to divide Nigeria in the twilight of his life

Lai: Obasanjo seeking to divide Nigeria in the twilight of his life

Lai Mohammed, minister of information, says the recent comment by former President Olusegun Obasanjo on the Boko Haram crisis is absurd and divisive.In a statement on Tuesday, the minister said it was tragic that the former president who fought to keep the country as one is the same person seeking to divide it in the twilight of his life.While delivering [...]

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    Report: DisCos require $10bn investment to improve electricity supply in 5 years

Report: DisCos require $10bn investment to improve electricity supply in 5 years

The French Agency for Development (AFD) says the 11 electricity distribution companies (DisCos) in Nigeria will need an investment of $10 billion to improve power supply in the next five years.AFD said it commissioned AF Mercados, a consultancy firm, to carry out an in-depth study of the challenges of the Nigerian Electricity Supply Industry (NESI) with the support of the [...]

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    Ohanaeze sec-gen: Amaechi spoke the truth… Igbo are out of 2023 presidential race

Ohanaeze sec-gen: Amaechi spoke the truth… Igbo are out of 2023 presidential race

Uche Okwukwu, secretary-general of Ohanaeze Ndigbo, says the statement credited to Rotimi Amaechi, minister of transportation, on Igbo presidency is "nothing but the truth".In a statement on Monday, Okwukwu said those who attacked the minister over the statement were politically ignorant.In an interview, Amaechi had said the people of the south-east should not demand the presidency in 2023 because the [...]

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    UK jails three Nigerians over ‘conspiracy to smuggle weapons’

UK jails three Nigerians over ‘conspiracy to smuggle weapons’

Three Nigerians have been sentenced to prison in the United Kingdom over conspiracy to "smuggle drugs and ammunition into the country.A Woolwich Crown court had convicted 28-year-old Kennedy Udo, 22-year-old Michael Mgbedike and 27-year-old Emmanuel Okubote and sentenced them to a total of 40 years in prison.The court sentenced Udo to eight years and six months, Mgbedike was sentenced to [...]

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    Shettima: God will bring Ganduje, Sanusi together again

Shettima: God will bring Ganduje, Sanusi together again

Kashim Shettima, governor of Borno state, has denied speaking in support of the creation of additional emirates in Kano state.Speaking with reporters at the end of a meeting of the Northern Governors' Forum  in Kaduna, Shettima said he has a special relationship with Abdullahi Ganduje, governor of the state, and Muhammadu Sanusi, emir of Kano, and cannot take sides in [...]

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    Shettima: We must come up with a solution to the insecurity in the north

Shettima: We must come up with a solution to the insecurity in the north

Kashim Shettima, governor of Borno state, has asked the federal government to adopt new strategies that could permanently address the insecurity in the north.Speaking on Friday at a meeting of the Northern States Governors Forum (NSGF) at the government house, Kaduna, Shettima said he and his colleagues will meet with President Muhammadu Buhari to brainstorm on the issue when he [...]

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    Operation Puff Adder: Police arrest 93 kidnap suspects, recover weapons

Operation Puff Adder: Police arrest 93 kidnap suspects, recover weapons

Frank Mba, the police spokesman, says 93 suspects have been arrested for kidnapping and recovered dangerous weapons from them.In a statement released on Thursday, Mba said officers attached to Operation Puff Adder arrested the suspects from different locations in the north-central, north-western and north-eastern parts of the country.The police spokesman said the force will carry out investigations to track and [...]

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    Luno kicks off cryptocurrency literacy tour in UNILAG

Luno kicks off cryptocurrency literacy tour in UNILAG

Luno, a crypto currency firm, has kicked off the first leg of its literacy tour at the University of Lagos (UNILAG).In a statement in Lagos on Friday, Owenize Odia, country manager of Luno, said the company is embarking on a tour to six Nigerian universities to educate undergraduates about crypto currencies.Odia stated that there is a positive crypto currency market [...]

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    Falana: EFCC respects rights of influential criminal suspects

Falana: EFCC respects rights of influential criminal suspects

Femi Falana, human rights lawyer, has accused the Economic and Financial Crimes Commission (EFCC) of only respecting the rights of influential criminal suspects.Presenting a paper on Wednesday at the 2019 law week of the Nigerian Bar Association (NBA), Epe branch, Lagos state, Falana said Nigeria operates a double criminal justice system, one for the rich and the other for [...]

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    Governors: We are committed to financial autonomy of state legislature

Governors: We are committed to financial autonomy of state legislature

The Nigeria Governors Forum (NGF) has pledged commitment to full implementation of the financial autonomy of state legislature and judiciary.Speaking at the opening of a two-day conference in Abuja on Thursday, Abdulaziz Yari, NGF chairman, said the implementation will ensure the highest level of transparency and openness in governance.Represented by Mohammed Abubakar, Bauchi state governor, the NGF chairman said governors [...]

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Exchange Rates

May 16, 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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