Monday, September 24, 2018

Tag "Adams Oshiomhole"

    Edo confirms Oba of Benin’s death

Edo confirms Oba of Benin’s death

The Edo state government has confirmed the death of Omo n’Oba n’Edo Uku Akpolokpolo, the oba of Benin, bringing to rest speculations of his whereabouts since 2015.The palace authorities had initially denied previous reports of his death but the absence of the monarch at key events continued raising suspicion.However, Adams Oshiomhole, governor of the state, confirmed the death on Friday, describing [...]

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    Oshiomhole: GEJ starved APC states of funds

Oshiomhole: GEJ starved APC states of funds

Adams Oshiomhole, governor of Edo state, on Thursday said former President Goodluck Jonathan denied states under the control of the All Progressives Congress (APC) access to ecological fund.Oshiomhole said the former president approved N2 billion from the money to Peoples Democratic Party (PDP) states.He expressed happiness that under President Muhammadu Buhari, all states are being treated fairly.Oshiomhole was speaking with state house [...]

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    Boko Haram is now like a dead snake, says Oshiomhole

Boko Haram is now like a dead snake, says Oshiomhole

Adams Oshiomhole, Edo state governor, says the military has succeeded in incapacitating the Boko Haram sect, making it to look “like a dead snake” which might still continue to “wriggle its body, but it’s dead”.Speaking when he received Tukur Buratai, chief of army staff, at the government house in Benin, the state capital, the governor said under Buratai, the military [...]

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    Oshiomhole, Emefiele to speak at New Telegraph summit

Oshiomhole, Emefiele to speak at New Telegraph summit

Adams Oshiomhole, Edo state governor; Godwin Emefiele, governor of the Central Bank of Nigeria (CBN); Kayode Fayemi, minister of solid minerals, are among the speakers of the maiden economic  summit of New Telegraph Newspapers.The programme, which will hold at Sheraton Hotel and Towers, Lagos, on March 17, will be declared open by Akinwunmi Ambode, governor of Lagos.Audu Ogbeh, minister of [...]

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    Nigeria’s reserves rise for 4 days in a row

Nigeria’s reserves rise for 4 days in a row

It is good news again from the Central Bank of Nigeria (CBN) with the rise of foreign reserves for four days consecutively – the first of such since President Muhammadu Buhari took office.The reserves, which rose by $13 million on Tuesday February 22, have continued to blossom its way out of the 11-year low positions.The consecutive rise started on Thursday February [...]

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    Oshiomhole signs last budget as governor

Oshiomhole signs last budget as governor

Adams Oshiomhole, governor of Edo state on Tuesday signed the 2016 budget of N116.6 billion into law, including a capital expenditure of N59.6 billion.Oshiomhole explained that the budget tagged: `Budget of Finishing Well’, was N4.9 billion higher than the N111.7 billion presented in 2015.According to him, the budget has a recurrent expenditure of N57 billion.He said on assumption of office more than [...]

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    7 lessons from TheCable’s devaluation debate

7 lessons from TheCable’s devaluation debate

The naira is on trial, the debate seems to be unending. Some say devalue, others beg to differ; some are facing the heat, others are reaping the fruits. What exactly is in the best interest of the people?Staying true to its promise “to deliver knowledge-driven journalism in the pursuit of Nigeria’s progress”, TheCable held a policy dialogue in Lagos on [...]

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    The naira cannot be devalued now, says Oshiomhole

The naira cannot be devalued now, says Oshiomhole

Adams Oshiomhole, governor of Edo state, on Thursday defended the federal government’s refusal to devalue the naira.Oshiomhole, who delivered a keynote address at the maiden edition of TheCable Colloquium in Lagos, said the government’s position was to pull speculators out of business.He said a history of devaluation of the nation’s currency since the Structural Adjustment Programme (SAP) has not benefitted [...]

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    Oshiomhole: Masses are the greatest economists

Oshiomhole: Masses are the greatest economists

Adams Oshiomhole, governor of Edo state, on Thursday described poor people as "the greatest economists in the world".Oshiomhole, who was the keynote speaker at TheCable Colloquium in Lagos, said the poor live within their means, despite the meager income that they earn.“The issue of our national economic policies is not just a matter for experts; everybody is an economist. For [...]

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    Metuh deserves no sympathy, says Oshiomhole

Metuh deserves no sympathy, says Oshiomhole

Adams Oshiomhole, Edo state governor, has expressed support for Tuesday’s handcuffing of Olisa Metuh, national publicity secretary of the Peoples Democratic Party (PDP).There have been different reactions to Metuh's appearance in court in handcuffs, with the opposition party accusing President Muhammadu Buhari of attempting to break the spirit of PDP through such measure.But speaking during a meeting with the new council [...]

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    Oshiomhole: GEJ fell into the hole he dug for me

Oshiomhole: GEJ fell into the hole he dug for me

Adams Oshiomhole, governor of Edo state, says former president Goodluck Jonathan threatened to cage him inside a hole but he is now the one “putting dust in that hole”.Addressing leaders of the All Progressives Congress (APC) in the state during a stakeholders meeting, the 'comrade governor' as he is popularly called, said he would have been impeached if the former [...]

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    Oshiomhole pleads with Buhari to pardon convicted soldiers

Oshiomhole pleads with Buhari to pardon convicted soldiers

Adams Oshiomhole, governor of Edo state, wants President Muhammadu Buhari to pardon the 66 soldiers whose death sentence were recently commuted to 10 years imprisonment.Speaking on Friday during the armed forces remembrance day celebration in the state, Oshiomhole said: "based on the strength of the recent revelations on the $2.1 billion funds for arms purchase which was mismanaged by the [...]

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    Oshiomhole scraps customary court of appeal

Oshiomhole scraps customary court of appeal

The Edo state government on Tuesday repealed the act establishing the customary court of appeal in the state.Adams Oshiomhole, governor of the state, who signed the ammendment bill into law, said that the customary court of appeal had ceased to exist in Edo.He said with the development, the judges in the court were automatically transferred to the state high court, [...]

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    Blair ‘offers to help’ Nigerian governors

Blair ‘offers to help’ Nigerian governors

Tony Blair, former British prime minister, has promised to assist states’ governors in Nigeria to deliver change in areas of priority.Blair made the pledge at a meeting with the governors which ended late Wednesday at the presidential villa, Abuja.Charging them to be up and doing, he said the hardest thing about governance was being able to deliver on campaign promises.He [...]

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    Okonjo-Iweala: Dasuki asked for $322m ‘Abacha loot’ to be spent on military operations

Okonjo-Iweala: Dasuki asked for $322m ‘Abacha loot’ to be spent on military operations

Ngozi Okonjo-Iweala, former minister of finance, has explained her role in the alleged fake arms deal, for which  Adams Oshiomhole, governor of Edo state, has called for her probe.In a statement issued on her behalf by Paul Nwabuikwu, her spokesman, Okonjo-Iweala described Oshiomhole’s allegation as “falsehood”, alleging that he was conniving with “powerful and corrupt interests” to tarnish her reputation.She [...]

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    Oshiomhole asks Buhari to probe Okonjo-Iweala

Oshiomhole asks Buhari to probe Okonjo-Iweala

Adams Oshiomhole, ‎governor of Edo state, has called on the federal government to probeNgozi Okonjo-Iweala, former minister of finance and coordinating minister for the economy, over the role she played in the alleged phantom arms deal.Addressing state house correspondents after a closed-door meeting with President Muhammadu Buhari on Wednesday, Oshiomhole said the former minister could not claim ignorance over the deal.“As [...]

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Exchange Rates

September 24, 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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