Thursday, September 20, 2018

Taiwo Adebulu

    Trump tackles former lawyer who implicated him in payment to porn stars

Trump tackles former lawyer who implicated him in payment to porn stars

President Donald Trump has slammed Michael Cohen, his former attorney, who pleaded guilty to tax fraud and paying porn stars for the purpose of influencing his election.Cohen had on Tuesday appeared in a federal court in New York where he pleaded to eight counts and claimed he made illegal campaign contributions "in coordination and at the direction of a candidate [...]

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    Power sector ‘lost N324.3bn’ in eight months

Power sector ‘lost N324.3bn’ in eight months

New data from the advisory power team in the office of Vice-President Yemi Osinbajo has shown that the power sector has lost N324.3bn this year, due to gas constraints and poor distribution network.According to the latest power generation report, 3,700MW could not be generated on August 20 due to unavailability of gas, poor transmission and distribution network, and high frequency.As a [...]

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    Ibadan DisCo to roll out 48,470 meters to curb estimated billing

Ibadan DisCo to roll out 48,470 meters to curb estimated billing

John Donnachie, managing director of Ibadan Electricity Distribution Company (IBEDC), is set to roll out 48,470 meters to ensure customers are billed more accurately.In a statement on Sunday, Donnachie said the initiative is part of the company's N11.5nbn investment in metering, network upgrade and rehabilitation across its franchise areas of Oyo, Ogun, Osun, Kwara, parts of Kogi, Niger and Ekiti states.He [...]

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    DisCos: TCN lacks capacity to transmit 7000MW

DisCos: TCN lacks capacity to transmit 7000MW

 Sunday Oduntan, executive director, research and advocacy, Association of Nigerian Electricity Distributors (ANED), says the Transmission Company of Nigeria (TCN) only has the capacity to transmit 4000MW of electricity out of 7000MW.Babatunde Fashola, minister of power, works and housing, had said power generation capacity has increased to 7,000 megawatts (MW). In a statement on Sunday, Oduntan said TCN's capacity to transmit [...]

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    Paul Usoro elected NBA president

Paul Usoro elected NBA president

Paul Usoro, a senior advocate of Nigeria (SAN), has been elected president of the Nigerian Bar Association (NBA).Auwalu Yadudu, chairman of the electoral committee, disclosed this while announcing the result of the election held in Abuja, on Monday.He said Usoro polled 4,509 votes to defeat Okafor Obi and Ernest Ojukwu who scored 4,423 and 3,313 votes respectively.Abubakar Mahmoud, incumbent president [...]

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    Nationwide blackout looms as GenCos threaten to shut down power plants

Nationwide blackout looms as GenCos threaten to shut down power plants

Joy Ogaji, executive secretary of the Association of Power Generation Companies (APGC), says the power firms might shut down plants over the inability of the Transmission Company of Nigeria (TCN) to transmit available volume of electricity generated into the national grid.In a statement on Thursday, Ogaji said the generation companies (GenCos) were increasingly facing lower capacity utilisation with the fact that they [...]

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    Lecturers who are not doctors ‘should no longer’ teach medical students

Lecturers who are not doctors ‘should no longer’ teach medical students

Bodies of medical and dental practitioners in Nigeria say lecturers who are not medical doctors will no longer be allowed to teach medical students.At a meeting convened by the Medical and Dental Council of Nigeria (MDCN) and Medical and Dental Consultants' Association of Nigeria (MDCAN) in Abuja, the stakeholders said only medical doctors with degrees in basic medical sciences should [...]

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    Probe of security vote: Governors hire lawyers to challenge EFCC

Probe of security vote: Governors hire lawyers to challenge EFCC

Governors under the auspices of the Nigerian Governors Forum (NGF) say they have hired lawyers to challenge the power of the Economic and Financial Crimes Commission (EFCC) to probe security vote of states.Abubakar Badaru, governor of Jigawa state, disclosed this at the end of the monthly national economic council (NEC) meeting presided over by Acting President Yemi Osinbajo at the [...]

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    Despite public outcry, police insist on trying Samuel Ogundipe

Despite public outcry, police insist on trying Samuel Ogundipe

The police say Samuel Ogundipe, a Premium Times reporter, was arrested for theft and unlawful possession of restricted and classified documents which could jeopardise state security.In a statement on Thursday, Jimoh Moshood,  spokesman of the force, said the reporter is also being investigated for "violating official secret act, cyber crime act and the penal code law".Ogundipe was arrested on August 14 [...]

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    TCN MD defends repeal of ‘non-performing’ electricity transmission contracts

TCN MD defends repeal of ‘non-performing’ electricity transmission contracts

Usman Mohammed, managing director of the Transmission Company of Nigeria (TCN), says some Nigerians have made the organisation their farm where they get paid for non-performing contracts.While speaking with reporters on Wednesday, Mohammed said the protest by electricity workers on Tuesday calling for his dismissal was staged because he cancelled some electricity transmission contracts.Mohammed said four of such contracts were cancelled in [...]

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    Man dies months after ‘losing’ FG employment that made him quit his job

Man dies months after ‘losing’ FG employment that made him quit his job

When the National Pension Commission (PENCOM) offered Mustapha Ajiya a letter of employment in March 2017, his joy knew no bounds. With two months left to assume duty, he resigned from his former job and started making preparations towards starting a new career. Then, Ajiya got a telephone call from the organisation that assumption of the new employees had been postponed indefinitely.The [...]

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    Abati: Jonathan secured release of some Chibok girls — but Dasuki said it should not be publicised

Abati: Jonathan secured release of some Chibok girls — but Dasuki said it should not be publicised

Reuben Abati says former President Goodluck Jonathan secured the release of some Chibok girls but did not to publicise it.The former media aide to Jonathan disclosed this on Wednesday during a show he anchored on ARISE TV.Abati interviewed Femi Adesina, spokesman of President Muhammadu Buhari, on the show.He said Sambo Dasuki, the then national security adviser (NSA), advised the government against [...]

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    1999 constitution is a fraud, says Sowore

1999 constitution is a fraud, says Sowore

Omoyele Sowore, presidential aspirant of the Africa Action Congress (AAC), says the Nigerian constitution is a fraud and must be changed.Sowore said this on Wednesday while addressing his supporters at the national party secretariat in Abuja declaration in Abuja.He said Nigerians do not have input in the constitution while it was handed to them by the military."We need to change our [...]

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    Falana asks Osinbajo to stop disobedience of court orders

Falana asks Osinbajo to stop disobedience of court orders

Femi Falana, human rights lawyer, has asked Acting President Yemi Osinbajo to take urgent and decisive measures to put an end to the disobedience of court orders by public officers and institutions.In a letter dated August 14, the senior advocate of Nigeria (SAN) told the acting president that the duty of every government is to defend the rule of law to ensure [...]

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    Bridge House College offers scholarship to student who secured 9As in WAEC

Bridge House College offers scholarship to student who secured 9As in WAEC

The Bridge House College (BHC), an educational institution in Lagos, has awarded a scholarship worth N9 million to David Orisheneye to pursue a two-year Cambridge A' Level course in the College.The scholarship award, according to the sixth form college, is in recognition of the brilliant performance of the prodigy, who in addition to obtaining a parallel A1 in all the [...]

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    Electricity workers threaten nationwide power blackout

Electricity workers threaten nationwide power blackout

Electricity workers in the country have called for the dismissal of Usman Muhammed, managing director of the Transmission Company of Nigeria (TCN).The workers, under the umbrella of Senior Staff Association of Electricity and Allied Companies (SSAEAC), accused Muhammed of highhandedness and anti-labour activities.They made the call in a protest on Tuesday in Abuja, saying they will ground the country's entire power [...]

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Exchange Rates

September 20, 2018USDGBPEUR
INTERBANK360.45480.18420.32
LAGOS360485425
KANO361483423
PH362482423
ABUJA362481423
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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