Thursday, September 20, 2018

Tag "Cross River"

    EXCLUSIVE: FAAC overpaid governors N10bn in bailout funds

EXCLUSIVE: FAAC overpaid governors N10bn in bailout funds

The federation accounts allocation committee (FAAC) paid states an excess of N10 billion while sharing bailout funds in 2016, TheCable can report.This is contained in the recently released annual report of the auditor general of the federation obtained by TheCable.In 2015, President Muhammadu Buhari approved funds to help governors pay salaries in their various states."Our review of records at the [...]

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    Buhari inaugurates Africa’s first automated rice seed factory in Cross River

Buhari inaugurates Africa’s first automated rice seed factory in Cross River

President Muhammadu Buhari has inaugurated Africa's first automated rice seed and seedling factory in Cross River.The president did this on Tuesday during a visit to the state.According to Ben Ayade, governor of the state, the factory will produce high yield, disease resistant and vitaminized seedlings with a potential of generating N50 billion.Speaking at the event on Tuesday, Buhari commended the governor [...]

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    Cross River lawmaker slumps, dies while jogging

Cross River lawmaker slumps, dies while jogging

Steven Ukpukpen, a Cross River lawmaker, is dead. Ukpukpen slumped and died during an early morning exercise on Wednesday. The incident reportedly happened along Moore Road in Calabar.The lawmaker was said to have been rushed to a nearby Naval clinic, but medical officials on duty directed that he be transferred to another hospital, saying his condition was critical.Ukpukpen was confirmed dead [...]

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    Cross River APC faction elects chairman amid police clampdown

Cross River APC faction elects chairman amid police clampdown

A faction of the All Progressives Congress (APC) in Cross River on Sunday elected a new chairman amid a clampdown by the police.Heavily-armed policemen said to be acting on the directive of Hafiz Inuwa, state commissioner of police, had sealed off the Ikot-Ansa town hall, the proposed congress venue of the APC chapter in Calabar, the state capital.Consequently, the congress was [...]

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    INFOGRAPHIC: Projected 2018 revenue of states grossly inadequate to fund budgets

INFOGRAPHIC: Projected 2018 revenue of states grossly inadequate to fund budgets

The Nigeria Extractive Industries Transparency Initiative (NEITI), says states in the federation will be unable to execute their budgets or may have to increase borrowing because projected revenue is less than planned spending.In its quarterly review released on Thursday, NEITI said projected revenue for the 36 states was derived by summing up total projected internally generated revenue (IGR) with projected [...]

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    After business trip to Asia, Ayade says economic change coming to Cross River

After business trip to Asia, Ayade says economic change coming to Cross River

Ben Ayade, governor of Cross River, says the state will soon witness economic change.Ayade said this on Sunday after returning to the country from an investment trip in Asia.He had spent three weeks in the continent in a bid to seek opportunities to boost the economic fortunes of the state.The governor said the various factories at the different stages of [...]

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    Six states recorded 78 deaths from violence in first week of 2018

Six states recorded 78 deaths from violence in first week of 2018

In the early hours of Monday, January 1, the sky above Omoku community in Ogba/Egbema/Ndoni (ONELGA) local government area of Rivers state, turned black.In one fell swoop, the community lost 17 people to what was suspected to be an attack by cultists.Unknown to Nigerians, that sad incident only "opened doors" for more worrisome killings in various parts of the country [...]

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    Ayade presents N1.3trn budget for 2018 — highest ever by a Nigerian state

Ayade presents N1.3trn budget for 2018 — highest ever by a Nigerian state

Ben Ayade, Cross River governor, has presented a budget of N1.3 trillion for the 2018 fiscal year to the state house of assembly.The budget is the largest for a single state in Nigeria’s history.Lagos state held the record with its N812 billion budget for 2017, although the state has indicated its 2018 budget may also hit N1 trillion.Presenting the proposed [...]

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    ‘1,000 displaced’ as flood sacks 12 Cross River communities

‘1,000 displaced’ as flood sacks 12 Cross River communities

Twelve communities in Boki local government area of Cross River have been flooded following two days of heavy rain, while more than 3,000 farmlands were equally destroyed.The incident, which occurred between the late hours of September 18 and the early hours of the next day, has rendered hundreds of residents homeless as properties worth millions of naira were destroyed.During an [...]

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    Cross River super highway: A development without the people

Cross River super highway: A development without the people

BY EMMANUEL UNAEGBU By law, all major infrastructural development (no matter how beautifully designed) must consider the position of the people.To this end, global best practice mandates the conduct of environmental and social impact assessment of such projects which usually involve wide range consultations and considerations.In Nigeria, the Environmental Impact Assessment Decree No. 86 of 1992 serves as guide.Sadly, against this [...]

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    Police arrest Calabar pastor ‘found with heart of 18-month-old baby’

Police arrest Calabar pastor ‘found with heart of 18-month-old baby’

The Cross River police command of the Nigeria police force has paraded Tony Obo-Ekpeyong, a pastor, for allegedly being in possession of the heart of an 18-month-old baby girl whom he reportedly killed.Obo-Ekpenyog is the pastor of Royal God’s Commandment Ministry, Calabar.Parading the suspect, Irene Ugbo, spokeswoman of the command, said that the suspect was arrested alongside six others on [...]

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    Oil depot explosion ‘kills nine’ in Calabar

Oil depot explosion ‘kills nine’ in Calabar

Nine persons reportedly died in an explosion that occurred at Linc Oil and Gas tank farm in Calabar, Cross River state, on Sunday morning.Hafiz Inuwa, the state commissioner of police, confirmed this in an interview with NAN at the scene of the incident.Inuwa said “several other persons” sustained injuries in the explosion and are currently being treated in an undisclosed [...]

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    The death of Joy Odama: A memo to Gov Ben Ayade

The death of Joy Odama: A memo to Gov Ben Ayade

Going by reports in the media, there is no doubt Your Excellency is aware of the painful death in Abuja of Joy Odama, a 200-Level Mass Communication student of Cross River State University, and an indigene of Cross River State which is currently under your leadership.She had returned home last December after the close of school to celebrate Christmas and [...]

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    ‘Over 150 killed’ in clash between two Cross River communities

‘Over 150 killed’ in clash between two Cross River communities

One hundred and fifty people have been reportedly killed after a three-day dispute between two communities in Cross River state.John Inaku, director-general of the Cross River State Emergency Management Agency (CR-SEMA), disclosed this to NAN on Tuesday.He said 14,000 people have been displaced following the destruction of 1,233 houses.“Between June 27 and June 29 the people of Wanikade and Wanihem [...]

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    Woman cries for help after daughter was ‘murdered by benefactor’ in Abuja

Woman cries for help after daughter was ‘murdered by benefactor’ in Abuja

Philomena Odama, a native of Yala local government area in Cross River state, has accused one Usman Adamu of murdering Joy, her daughter, "under the guise of funding her university education".In a petition seen by TheCable, Odama accused some officers of the Nigerian police force in Abuja of shielding Adamu.She said she last saw her daughter, who was a second-year student [...]

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    Ex-commissioner, Patrick Ugbe, abducted in Calabar

Ex-commissioner, Patrick Ugbe, abducted in Calabar

Patrick Ugbe, former commissioner for information in Cross River, has been abducted for by some unidentified gunmen.Ugbe, who is currently the managing director of Hit Fm 95.9, was said to have been kidnapped at about 8.20 pm on Thursday night at Ekpo Iso Street, Ikot Ansa, Calabar.An eye witness, Ekpo Abasi, said that Ugbe was kidnapped by five unidentified gunmen [...]

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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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