Friday, April 5, 2019

Taiwo Adebulu

    El-Rufai names running mate head of 38-man transition committee

El-Rufai names running mate head of 38-man transition committee

Nasir el-Rufai, governor of Kaduna state, has named Hadiza Balarabe, deputy governor-elect, as the head of a 38-member transition committee ahead of his inauguration on May 29.In a statement on Tuesday, Samuel Aruwan, the governor's spokesperson, said the duty of the transition committee is to prepare the ground work for the government.El-Rufai was re-elected in the March 9 election, having [...]

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    My joy is complete, says Kaduna senator-elect on el-Rufai’s victory

My joy is complete, says Kaduna senator-elect on el-Rufai’s victory

Uba Sani, senator-elect of Kaduna central district, says his victory at the February 23 election did not come easy.In a statement on Monday, Sani thanked residents of the state for re-electing Nasir el-rufai, governor of the state, for another term.He said with their victory at the general election, the people have endorsed the policies and programmes that will take [...]

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    Adebutu enters power-sharing deal with Amosun’s candidate

Adebutu enters power-sharing deal with Amosun’s candidate

Although the Independent National Electoral Commission (INEC) is making final preparations for the governorship election, two key political figures in Ogun state have agreed on how to share power and split contracts in the new government.Documents seen by TheCable showed how Adekunle Akinlade, governorship candidate of the Allied Peoples Movement (APM), and Ladi Adebutu, who lost the governorship ticket of the [...]

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    Again, EFCC arraigns Tunde Ayeni for ‘fraud’

Again, EFCC arraigns Tunde Ayeni for ‘fraud’

The Economic and Financial Crimes Commission (EFCC) has arraigned Tunde Ayeni, a former chairman of the board of directors, Skye Bank Plc, before a federal high court in Abuja over money laundering to the tune of about N25 billion.Ayeni was arraigned on Thursday along with Timothy Oguntayo and two companies, Control Dredging Company Ltd and Royaltex paramount Ventures Ltd.They [...]

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    PDP accuses APC of hiring thugs to disrupt Akwa Ibom guber poll

PDP accuses APC of hiring thugs to disrupt Akwa Ibom guber poll

The Divine Mandate Campaign Organisation has accused Adams Oshiomhole, national chairman of the All Progressives Congress (APC), of importing thugs from Edo to disrupt the forthcoming governorship election in Akwa Ibom state.In a statement on Wednesday, Otuekong Ibiok, spokesperson of the campaign organisation for the re-election of Udom Emmanuel, the governor, alleged that the thugs were on assignment to "exterminate" [...]

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    LUTH cancer centre inaugurated by Buhari still under lock — three weeks after

LUTH cancer centre inaugurated by Buhari still under lock — three weeks after

The cancer treatment centre President Muhammadu Buhari inaugurated at the Lagos University Teaching Hospital (LUTH) is still under lock, TheCable can report.The president inaugurated the state-of-the-art centre on Saturday, February 9, with a pledge to ensure that facilities for the prevention, early diagnosis and treatment of cancer are available to more Nigerians.When TheCable first visited the facility two days after [...]

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    IGP outlaws use of concealed vehicle number plates

IGP outlaws use of concealed vehicle number plates

Mohammed Adamu, acting inspector-general of police (IGP), has outlawed the use of concealed vehicle number plates by unauthorised persons in the country.In a statement in Abuja on Tuesday by Frank Mba, the force spokesperson, quoted the IGP as saying concealing number plates is a clear breach of the road traffic act.He maintained that the order which is with immediate effect [...]

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    Elumelu: Access to electricity is critical to economic growth

Elumelu: Access to electricity is critical to economic growth

Tony Elumelu, chairman of Heirs Holdings, says access to electricity is critical to growing Nigeria's economy.Speaking in an interview with Sky news, Elumelu said he believes that the second term of President Muhammadu Buhari will focus on improving the power sector.He added that another sector that is critical to the economy is the private sector which helps in creating employment [...]

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    N1.4bn ‘fraud’: Court orders arrest of four Akwa Ibom officials

N1.4bn ‘fraud’: Court orders arrest of four Akwa Ibom officials

A federal high court in Lagos has ordered the arrest of four officials of the Akwa Ibom state government following an application by the Economic and Financial Crimes Commission.The EFCC had arraigned them over alleged N1.4 billion fraud.The officials are Nsikan Nkan, commissioner for finance (pictured); Mfon Udomah, accountant-general; Uwemedimo Nwoko, attorney-general, and Margaret Ukpe, commissioner for justice.Udom Emmanuel, the [...]

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    NERC absolves NBET MD of fraud, says no proof of N2bn over-invoicing

NERC absolves NBET MD of fraud, says no proof of N2bn over-invoicing

The Nigerian Electricity Regulatory Commission (NERC) says there is no proof that Marilyn Amobi, managing director of the Nigeria Bulk Electricity trading Plc (NBET), overpaid two power plants by N2 billion.In a statement, the commission said its investigation revealed that the payments to Olorunsogo and Omotosho power plants by NBET are in line with the power purchase agreement, while the [...]

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    Police: Why we invaded anti-Tinubu rally

Police: Why we invaded anti-Tinubu rally

Chike Oti, spokesperson of the Lagos command of the Nigeria Police Force, says its operatives barricaded a political rally in Lagos on Thursday to prevent hoodlums from hijacking the programme.Oti said the action by the police had no political undertone as the officers only responded to a distress call that hoodlums were coming to disrupt the event.Heavily armed policemen had [...]

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    DisCos supplied 79,850 meters in 2018 — NOT enough for 4.6m households in need

DisCos supplied 79,850 meters in 2018 — NOT enough for 4.6m households in need

The 11 Nigerian electricity distribution companies (DisCos) supplied 79,850 prepaid meters in 2018, despite a 4.6 million metering gap in the country.This is contained in the recently released 2018 fourth quarter power sector report of the National Bureau of Statistics (NBS).According to the report, the total number of electricity consumers with prepaid meters supplied by the 11 DisCos in the [...]

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    Agbakoba to Atiku: Don’t go to court over your loss

Agbakoba to Atiku: Don’t go to court over your loss

Olisa Agbakoba, senior advocate of Nigeria (SAN), has advised Atiku Abubakar, presidential candidate of the Peoples Democratic Party (PDP), not to resort to the election tribunal over his loss.Atiku had lost Saturday’s presidential election to President Muhammadu Buhari, candidate of the All Progressives Congress (APC), who polled 15,191,847 votes against Atiku's 11,262,978.The PDP candidate rejected the results of the election, [...]

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    Anap Foundation predicts victory for Sanwo-Olu, Tambuwal

Anap Foundation predicts victory for Sanwo-Olu, Tambuwal

An opinion poll conducted by Anap Foundation, a civil society group, has predicted a win for Babajide Sanwo-Olu and Aminu Tambuwal in the March 9 governorship election.Sanwo-Olu is the governorship candidate of the All Progressives Congress (APC) in Lagos state while Tambuwal, Sokoto state governor, is the candidate of the Peoples Democratic Party (PDP) in Sokoto.The poll commissioned by ANAP [...]

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    PDP hiring thugs to attack collation centres overnight, says Keyamo

PDP hiring thugs to attack collation centres overnight, says Keyamo

Festus Keyamo, the spokesman of President Muhammadu Buhari’s reelection campaign, says the Peoples Democratic Party (PDP) is currently recruiting thugs to attack collation centres overnight.In a statement on Saturday, Keyamo said the PDP is trying to cause violence nationwide to make the election inconclusive.He asked security operatives to guard the collation centres to avoid disruption of the collation of result [...]

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    Rotary Club calls for peace ahead of polls

Rotary Club calls for peace ahead of polls

Rotary international district 9110 has asked Nigerians to maintain peace and harmony as they prepare to participate in the general election.Speaking on Thursday at an event to mark the 2019 world peace and understanding day in Lagos, Ehi Braimah, president of the Rotary Club of Lagos, said the organisation has a duty to address the underlying cause of conflict around [...]

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Exchange Rates

April 01, 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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