Saturday, June 23, 2018

Taiwo Adebulu

    Soyinka: Obasanjo is Nigeria’s most hypocritical leader… I’ll expose him next month

Soyinka: Obasanjo is Nigeria’s most hypocritical leader… I’ll expose him next month

Wole Soyinka, a Nobel laureate, has described ex-President Olusegun Obasanjo as the most hypocritical leader Nigeria has produced, vowing to expose him on July 3.He said this on Friday night at the gala dinner and award ceremony of the International Press Institute (IPI) in Abuja.Soyinka was responding to a question from a participant who asked him to speak on his [...]

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    First Nyame, now Dariye. Who is the next big fish going to jail?

First Nyame, now Dariye. Who is the next big fish going to jail?

Cases of former governors, who have been on corruption trial since 2007, have lingered in courts without meaningful convictions. But things are changing. Two of them, Joshua Dariye (Plateau) and Jolly Nyame (Taraba), have been sentenced to prison without an option of fine.On May 30, Jolly Nyame, former governor of Taraba state, was sentenced to 14 years in prison by [...]

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    Dambazau to Nigerians: Re-elect Buhari because you can’t get anyone better

Dambazau to Nigerians: Re-elect Buhari because you can’t get anyone better

Abdulrahman Dambazau, minister of interior, says President Muhammadu Buhari should be re-elected because Nigeria cannot get anybody better than him.He said this on Thursday at the opening ceremony of the International Press Institute (IPI) world congress with theme: "Why good journalism matters: Quality media for strong society".Dambazzu, in company of Kemi Adeosun, minister of finance; Lai Mohammed, minister of information [...]

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    ‘We’ve made all outstanding payments’ — Ibadan DisCo asks NERC to reverse suspension of its directors

‘We’ve made all outstanding payments’ — Ibadan DisCo asks NERC to reverse suspension of its directors

The management of Ibadan DisCo says it has made all outstanding payment on the N6bn loan that instigated the suspension of its directors by the Nigerian Electricity Regulatory Commission (NERC).In a statement on Wednesday, Seye Alayande, the company’s secretary, said the news of the suspension was received with shock and disbelief.According to him, as of Thursday, June 14, 2018, Integrated [...]

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    NERC suspends Ibadan DisCo directors over N6bn loan

NERC suspends Ibadan DisCo directors over N6bn loan

The Nigerian Electricity Regulatory Commission (NERC) has suspended the board of directors of Ibadan Electricity Distribution Company (IBEDC) over a N6bn "inappropriate" loan to its core investor.Vivian Mbonu, head of NERC media unit, said the board and other key management staff were suspended over the company's inability to retrieve the loan given to Integrated Energy Distribution and Marketing Group [...]

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    ‘I sold food to the driver minutes before he died’ — Ojuelegba vendor speaks on accident

‘I sold food to the driver minutes before he died’ — Ojuelegba vendor speaks on accident

Around 9pm on Tuesday, a truck laden with piles of plywood fell off a bridge at Ojuelegba, Lagos, and landed on commercial buses better known as Danfo. Three people lost their lives in the accident while others sustained injuries. When TheCable visited the scene of the accident on Wednesday, street sweepers were seen dumping the broken piles wood under the bridge to clear [...]

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    Power generation increases as NNPC fixes damaged pipeline

Power generation increases as NNPC fixes damaged pipeline

The Transmission Company of Nigeria (TCN) says power generation to the national grid increased to 3,876.9MW on Monday.Ndidi Mbah, TCN spokesperson, who announced this on Tuesday, said the increase was as a result of significant improvement in gas supply to power generating plants.On Sunday, TCN attributed the blackout experienced in some parts of the country to a gas pipeline rupture [...]

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    Hafsat Abiola: I didn’t attack critics of Buhari’s government

Hafsat Abiola: I didn’t attack critics of Buhari’s government

Hafsat Abiola-Costello, daughter of late MKO Abiola, has denied criticising former Presidents Olusegun Obasanjo, Goodluck Jonathan and critics of the current administration.In a statement on Monday, Hafsat said it is not her style to attack those who are against the current administration.She appreciated the honour bestowed on her father by President Muhammadu Buhari, commending the current administration for its economic [...]

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    Senate 2019: I have not stepped down for anybody, says Uduaghan

Senate 2019: I have not stepped down for anybody, says Uduaghan

Emmanuel Uduaghan, former governor of Delta state, says he is still in the senatorial race for 2019, denying reports that he has stepped down.According to Monoyo Edon, spokesperson of the former governor, Uduaghan disclosed this while answering questions from the coalition of elders of Bomadi local government area who paid him a courtesy visit at his Warri residence.Led by its [...]

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    2019: Southern, middle belt leaders accuse INEC of registering foreign voters

2019: Southern, middle belt leaders accuse INEC of registering foreign voters

Southern and middle belt leaders have accused the Independent National Electoral Commission (INEC) of registering foreigners voters ahead of the 2019 elections.The forum also restated its demand for the suspension of Mahmoud Yakubu, chairman of INEC, pending the investigation of the underage voter scandal in Kano state.In a communiqué issued in Lagos on Sunday, the group accused Yakubu of not releasing the [...]

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    Six power stations shut down as TCN sheds light on blackout

Six power stations shut down as TCN sheds light on blackout

The Transmission Company of Nigeria (TCN) says the epileptic power supply which started over 24 hours ago in parts of the country is due to a gas pipeline rupture.The rupture, TCN said, resulted in the shut down of six power stations.In a statement on Sunday, Ndidi Mbah, TCN spokesperson, said the sharp drop in power generation by 1,087MW as a [...]

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    DHQ: Politicians using thugs disguised as herdsmen to stage attacks

DHQ: Politicians using thugs disguised as herdsmen to stage attacks

John Agim, acting director of defence information, says some politicians use thugs "disguised as herdsmen" to attack communities.Although he did not mention a particular state, the defence spokesman made the comment while speaking on the farmers-herdsmen clashes that have led to killings in Taraba, Benue, Zamfara and Nasarawa.In an interview with PUNCH, Agim said some arrested suspects have labelled politicians as [...]

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    19 aspirants disqualified from APC convention

19 aspirants disqualified from APC convention

The screening appeal committee of the All Progressives Congress (APC) says it has disqualified 19 aspirants from contesting various offices at its national convention.In a chat with journalists on Saturday, Rochas Okorocha, chairman of the committee, said petitions were received from party members for the disqualification of some of the aspirants screened.He said the committee has not received any petition [...]

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    Orji Kalu: Only looters are against Buhari’s second term bid

Orji Kalu: Only looters are against Buhari’s second term bid

Orji Uzor Kalu, former governor of Abia state, says it is looters that are opposed to the re-election bid of President Muhammadu Buhari. He said the looters don’t want the government to save money for poor people, adding that they are bent on milking the treasury dry.While paying a courtesy call to Abdullahi Ganduje, governor of Kano state, on Saturday, he [...]

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    Agbakoba on June 12: Kingibe, a big-time traitor, benefited from what he did not fight for

Agbakoba on June 12: Kingibe, a big-time traitor, benefited from what he did not fight for

Olisa Agbakoba, former president of the Nigerian Bar Association (NBA), says Babagana Kingibe benefitted from the June 12 struggle despite not being a part of the agitation.Kingibe, alongside MKO Abiola, was recently conferred with the Grand Commander of the Order of the Niger (GCON). He was the running mate of Abiola during the June 12, 1993 presidential election.In an interview [...]

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    Kola Abiola: I couldn’t get Jonathan to confer GCFR on my father — despite trying thrice

Kola Abiola: I couldn’t get Jonathan to confer GCFR on my father — despite trying thrice

Kola Abiola, eldest son of MKO Abiola, says he couldn’t get former President Goodluck Jonathan to honour his father despite making three attempts.Abiola, presumed winner of the June 12, 1993 presidential election, was recently honoured with the Grand Commander of the Federal Republic (GCFR) by President Muhammadu Buhari.Speaking during a Channels Television programme on Thursday, Kola said he made attempts [...]

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Exchange Rates

June 21, 2018USDGBPEUR
INTERBANK360.45492.18420.32
LAGOS362495425
KANO363495423
PH365494423
ABUJA364495423
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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