Wednesday, November 14, 2018

Temitope Yakubu

    Sources: Mimiko has pulled out of presidential race — to contest senatorial election

Sources: Mimiko has pulled out of presidential race — to contest senatorial election

Olusegun Mimiko, former governor of Ondo state, has dumped his presidential ambition.The two-term governor of Ondo had emerged presidential candidate of the Zenith Labour Party (ZLP).But a source told TheCable on Wednesday that Mimiko has pulled out of the presidential race and will now contest the Ondo central senatorial election under ZLP.Gboye Adegbenro, a former commissioner in his administration, had clinched [...]

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    Chaos as Ondo assembly removes speaker, deputy

Chaos as Ondo assembly removes speaker, deputy

Bamidele Oloyelogun, speaker of the Ondo house of assembly, and Iroju Ogundeji, his deputy, have been sacked from their positions.The lawmakers were removed on Friday by their colleagues.Olamide George, lawmaker from Akure north, emerged as the new speaker while Abimbola Fajolu, lawmaker from Ile Oluji/Okeigbo constituency, was elected as his deputy.The change was effected at a rowdy plenary where Jumoke [...]

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    Police confirm abduction of Ondo ADC chairman, senatorial candidate

Police confirm abduction of Ondo ADC chairman, senatorial candidate

Jide Ipinsagba, candidate of the African Democratic Congress (ADC) for Ondo north senatorial district, has been abducted by unknown gunmen.Bisi Ogungbemi, Ondo state chairman of the ADC, and three other chieftains of the party were also abducted.TheCable learned that they were kidnapped along Oba Akoko-Owo road on their way from Ikare Akoko to Akure after a political outing on Wednesday [...]

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    Fayemi: Why I won’t abandon Fayose’s projects

Fayemi: Why I won’t abandon Fayose’s projects

Kayode Fayemi, governor of Ekiti state, says his administration will not abandon projects inherited from the previous government.Fayemi said although he may not agree with Ayodele Fayose, his predecessor, on the rationale behind the establishment of some projects, abandoning them would amount to wasting the resources of the state.The governor spoke in Afao Ekiti on Wednesday during his tour of [...]

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    100 aspirants drag Oshiomhole, Ondo APC, INEC to court over primaries

100 aspirants drag Oshiomhole, Ondo APC, INEC to court over primaries

One hundred aggrieved aspirants of the All Progressives Congress (APC) have dragged Adams Oshiomhole, national chairman of the party, to the federal high court, Akure over the primary elections in Ondo state.The house of representatives and state assembly aspirants were led by Kenneth Olawale, former speaker of the state house of assembly.Other defendants in the suit are the APC, Babatunde [...]

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    Ekiti lawmaker shot by hoodlums is dead

Ekiti lawmaker shot by hoodlums is dead

Micheal Adedeji, a member of the Ekiti state house of assembly, who was shot in the head by gunmen on Friday, is dead.Jackson Adebayo, publicity secretary of the  Peoples Democratic Party (PDP) in the state, confirmed this to TheCable on Monday."The lawmaker died at the Federal Medical Center, Ido Ekiti, early this morning," Adebayo told TheCable.He said the party would [...]

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    Lere Olayinka: Why Fayose is still in EFCC custody

Lere Olayinka: Why Fayose is still in EFCC custody

Lere Olayinka, media aide of Ayodele Fayose, former governor of Ekiti state, has explained why his principal is yet to be released from the Economic and Financial Crimes Commission (EFCC) custody.Mojisola Olatoregun, a judge of a federal high court in Lagos, granted a N50 million bail to Fayose on Wednesday.Fayose was asked him to provide a surety with landed property [...]

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    ‘Atiku will win in 2019’ — The Economist predicts loss for Buhari again

‘Atiku will win in 2019’ — The Economist predicts loss for Buhari again

The Economist Intelligence Unit (EIU), the research unit of The Economist Magazine, says Atiku Abubakar, candidate of the Peoples Democratic Party (PDP) will defeat President Muhammadu Buhari in 2019.The London-based magazine made the prediction in its latest country report on Nigeria. This is coming less than two months after it had predicted that Buhari would lose the election.“Mr. Buhari is [...]

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    ‘Why will I fight them?’ — Fayemi reacts to alleged feud with Buhari, Tinubu

‘Why will I fight them?’ — Fayemi reacts to alleged feud with Buhari, Tinubu

Kayode Fayemi, governor of Ekiti, says he has no rift with President Muhammadu Buhari and Bola Tinubu, national leader of the All Progressives Congress (APC).Fayemi also said he has a good relationship with Adams Oshiomhole, national chairman of the APC, adding he has no reason to work against the trio.Buhari Support Group, a political pressure group, had alleged that he [...]

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    Imo PDP guber candidate picks engineer as running mate

Imo PDP guber candidate picks engineer as running mate

Emeka Ihedioha, governorship candidate of the Peoples Democratic Party (PDP) has named Gerald Irona, an engineer as his running mate for the 2019 election.Vin Udokwu, director-general, Ihedioha Campaign Organization, announced this in a statement.He said Irona emerged through a wide-range consultation with relevant PDP stakeholders across the state.Until his nomination, Irona was the national deputy financial secretary of the PDP.He [...]

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    Source: Desperate politicians plotting to replace names on INEC’s list

Source: Desperate politicians plotting to replace names on INEC’s list

Some desperate politicians are attempting to change the names of candidates already submitted to the Independent National Electoral Commission (INEC) for the 2019 elections.According to a source, the politicians are trying to get some electoral officials to manipulate the list despite the October 18 deadline by the commission.He said it is unclear if INEC leadership is aware of the move which [...]

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    ‘I am not a magician’ — Fayemi speaks on challenges facing Ekiti

‘I am not a magician’ — Fayemi speaks on challenges facing Ekiti

Kayode Fayemi, governor of Ekiti state, says he is not a magician who would make the challenges facing the state to disappear within a day.He said this on Sunday while speaking at Saint Patrick's Cathedral Church, Ado-Ekiti, where a thanksgiving mass held for the inauguration of his government.He was sworn in on Tuesday."Yes, we know there are huge expectation from [...]

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    Fayose arrives Abuja airport ahead of Lagos trip

Fayose arrives Abuja airport ahead of Lagos trip

Ayodele Fayose, former governor of Ekiti state, has arrived at Nnamdi Azikiwe airport, Abuja, to board a flight to Lagos for his trial.He is expected to board MaxAir flight VM1643.The ex-governor, who spotted a black shirt and a jean, sat next to an unidentified individual.The Economic and Financial Crimes Commission (EFCC) had handed over the flight ticket to him on [...]

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    IN DETAIL: All the charges EFCC will file against Fayose on Monday

IN DETAIL: All the charges EFCC will file against Fayose on Monday

The Economic and Financial Crimes Commission (EFCC) will file 11-count charge against Ayodele Fayose, former governor of Ekiti state, on Monday.The charges seen by TheCable, include receiving illegal monies to fund his 2014 governorship campaign in Ekiti state and benefitting from proceeds of money laundering.Fayose will be arraigned before a high court in  Lagos.An official of the commission had told [...]

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    Drama as Akeredolu, labour leaders argue over Paris Club refund

Drama as Akeredolu, labour leaders argue over Paris Club refund

Rotimi Akeredolu, governor of Ondo state, and labour leaders were involved in an argument over the state’s Paris Club refund.Paris Club refund is a partial settlement of long-standing claims by state governments, relating to over-deductions from their federation account allocation committee (FAAC) allocation for external debt service arising between 1995 and 2002.The governor had invited the labour leaders to government [...]

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    Fayemi dissolves board of agencies, parastatals

Fayemi dissolves board of agencies, parastatals

Kayode Fayemi, governor of Ekiti state, has approved the dissolution of all boards and parastatals in the state.Biodun Oyebanji, secretary to the state government (SSG), announced this in a statement on Friday.Oyebanji urged all chairmen, political appointees and non-career employees in all boards and parastatals “to hand over all government properties in their custody to the accounting officers in their [...]

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Exchange Rates

November 13, 2018USDGBPEUR
INTERBANK306397354
LAGOS359475418
KANO359476420
PH360476420
ABUJA359478419
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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