Thursday, January 3, 2019

Taiwo Adebulu

    El-Rufai: Being a governor is not an easy job… I feel like running away

El-Rufai: Being a governor is not an easy job… I feel like running away

Nasir el-Rufai, governor of Kaduna state, says it is not easy to preside over the affairs of many people.Speaking at an election summit organised by the Kaduna State Peace Commission, the governor said at times he feels like running away.He said he would accept defeat if he loses the 2019 governorship election, adding that he would be in a hurry [...]

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    Shehu Sani: Critics of PDP rally can rent their crowd from Sudan

Shehu Sani: Critics of PDP rally can rent their crowd from Sudan

Shehu Sani, senator representing Kaduna central, has asked those criticising the rally of the Peoples Democratic Party (PDP) in Sokoto state to rent a crowd for their campaign in Sudan.He said this after Nasir el-Rufai, governor of Kaduna state, alleged that the PDP rented supporters from Niger Republic for the launch of its campaign in Sokoto on Monday.Sani said if the [...]

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    ‘Bandits’ kill 16 police officers in Zamfara

‘Bandits’ kill 16 police officers in Zamfara

The Zamfara state police command has confirmed that 16 of its officers died in a fierce gun battle with bandits in the state last Thursday. It said 20 officers have also been rescued.In a statement on Wednesday,  Muhammad Shehu, the state command’s spokesman, said Ibrahim Idris, inspector-general of police (IGP), is saddened by the loss of the officers whom he described [...]

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    FG secures fresh $200m loan from AfDB to fund electrification project

FG secures fresh $200m loan from AfDB to fund electrification project

The federal government has secured a $200 million loan from the African Development Bank (AfDB) to fund electrification projects in the country.In a statement on Monday, the bank said its board of directors approved the sovereign loan to finance the Nigeria Electrification Project (NEP).While AfDB approved $150 million, the Africa Growing Together Fund (AGTF), a $2 billion facility sponsored by [...]

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    ‘EFCC wants to tarnish my glowing reputation’ — Jang denies ownership of N500m mansions

‘EFCC wants to tarnish my glowing reputation’ — Jang denies ownership of N500m mansions

Jonah Jang, former governor of Plateau state, has denied ownership of the mansions the Economic and Financial Crimes Commission (EFCC) said it traced to him.In a statement on Monday by Clinton Garuba, Jang's media consultant, the former governor accused the agency of conducting a media trial to tarnish his name.The EFCC had said it had traced properties worth N500 million [...]

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    DisCos have ‘lived below expectation’

DisCos have ‘lived below expectation’

Electricity distribution companies (DisCos) in the country have performed below expectation five years after the privatisation of the power sector.Chiedu Ugbo, managing director of Niger Delta Power Holding Company (NDPHC), made this known while speaking at the Nextier Power Dialogue in Abuja.He said the 11 DisCos have still not met their various performance agreements since they took over the power [...]

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    ‘Bush had special interest in Nigeria’ — Obasanjo writes Trump

‘Bush had special interest in Nigeria’ — Obasanjo writes Trump

Former President Olusegun Obasanjo has written a condolence letter to the United States President Donald Trump over the death of George Bush, former president of the US.Bush, the 41st president of the US, died on Friday at the age of 94.In the letter made available by Kehinde Akinyemi, Obasanjo's media aide, the former Nigerian president said the demise of late [...]

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    OBITUARY: Faseun, the Yoruba nationalist who adopted Al-Mustapha as a son despite being jailed by Abacha

OBITUARY: Faseun, the Yoruba nationalist who adopted Al-Mustapha as a son despite being jailed by Abacha

Call 10 persons separately and ask them this simple question: "The friend of your enemy is who?". You'll likely get the same response but if Fredrick Isotan Faseun were among those people, his own response would stand out. While most people see the friend of their enemy as their enemy, Faseun saw things in a different way and this could [...]

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    Buhari, Osinbajo ‘are friends of the church’

Buhari, Osinbajo ‘are friends of the church’

The United Young Christians Forum (UYCF) has endorsed President Muhammadu Buhari for second term.The Christian group described the duo of Buhari and Vice-President Yemi Osinbajo as friends of the church, saying they deserve every support to push the nation forward.In a statement signed by Andrew Enenche, a leader of the group, UYCF  said the reason for adopting Buhari was further informed [...]

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    FG orders varsities to stop salaries of striking lecturers

FG orders varsities to stop salaries of striking lecturers

The federal government has ordered vice-chancellors of public universities to stop the salaries of lecturers who are on strike.The no-work-no-pay rule was contained in a memo issued to universities and inter-varsity centres by the National Universities Commission (NUC).Signed by S.B. Ramon-Yusuf, director, research, information and technology, the memo instructed that any attempt to pay the workers' salaries from any other [...]

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    EFCC nabs Lebanese with ‘over $2m’ at Abuja airport

EFCC nabs Lebanese with ‘over $2m’ at Abuja airport

The Economic and Financial Crimes Commission (EFCC) has announced the arrest of one Abbas Lakis, a Lebanese, for money laundering offence.Operatives of the agency were said to have nabbed Lakis at the Nnamdi Azikiwe International Airport, Abuja, while he was attempting to smuggle a huge sum of money out of the country.The agency said it followed an intelligence report that [...]

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    Nigeria plans selling electricity to Burkina Faso — despite poor power supply

Nigeria plans selling electricity to Burkina Faso — despite poor power supply

Nigeria is set to begin selling electricity to Burkina Faso, a neighbouring West African country, despite poor electricity supply in the country.Lamu Audu, managing director of Mainstream Energy Solutions Limited, operators of Kainji and Jebba hydro power plants, disclosed this on Thursday at the annual power and utilities roundtable organised by PricewaterhouseCoopers (PwC) in Lagos.Audu maintained that the company had [...]

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    Okorocha says Imo APC crisis is irreconcilable

Okorocha says Imo APC crisis is irreconcilable

Rochas Okorocha, governor of Imo state, says the crisis rocking the state chapter of the All Progressives Congress (APC) is beyond repair.The governor said this while receiving the party reconciliation committee led by Abdullahi Ganduje, governor of Kano state, and Godswill Akpabio, senator representing Akwa Ibom north-west, at the Imo International Convention Centre (IICC), Owerri, the state capital.The governor said [...]

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    US to deliver Nigeria’s Tucano fighter jets in 2024

US to deliver Nigeria’s Tucano fighter jets in 2024

Nigeria may not be able to take delivery of the 12 A-29 Super Tucano aircraft it ordered from the United States until 2024.In April, President Muhammadu Buhari had approved $496 million  for the procurement of the fighter jets to combat Boko Haram insurgency.But the United States Department of Defence has just awarded a contract to the Sierra Nevada Corporation to [...]

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    Students may stay long at home, ASUU warns

Students may stay long at home, ASUU warns

The Academic Staff Union of Universities (ASUU) says students may spend more time at home since no solid agreement has been reached in its negotiation with the federal government.Abiodun Ogunyemi, national president of ASUU, said this on Thursday while speaking with reporters in Lagos.The union commenced an indefinite strike on November 5.Ogunyemi appealed to parents and students to show understanding, [...]

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    Buratai: Boko Haram now using drones and mercenaries

Buratai: Boko Haram now using drones and mercenaries

Tukur Buratai, chief of army staff, says Boko Haram insurgents have advanced in technology and now use drones and mercenaries.Sani Usman, spokesman of the army, quoted Buratai as saying this  while speaking on the recent multiple attacks on military bases in Metele and other parts of Maiduguri.He said the use of high technology by the insurgents is a trend that [...]

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Exchange Rates

January 02, 2019USDGBPEUR
INTERBANK306397354
LAGOS361463411
KANO360465413
PH361462412
ABUJA362462413
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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