Monday, September 24, 2018

Tag "Fayemi"

    Fayose: Ekiti owing N59bn — and it was inherited from Fayemi

Fayose: Ekiti owing N59bn — and it was inherited from Fayemi

Ayodele Fayose, governor of Ekiti state, says contrary to claims by Kayode Fayemi, governor-elect of the state, the debt of Ekiti is pegged at N59.5 billion.Reacting to a report by the Debt Management Office (DMO) that the debt profile of the state had risen from N18 billion when Fayemi left office in 2014 to N117 billion, the governor-elect had said [...]

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    Naira rain, federal might, ‘Pastor’ Fayose and other highlights of Ekiti poll

Naira rain, federal might, ‘Pastor’ Fayose and other highlights of Ekiti poll

Four years ago, there was jubilation in Aso Rock over the outcome of the governorship election in Ekiti state. Four years after, there is jubilation in Aso Rock over the outcome of another governorship election. It was PDP that celebrated in 2014; it is now the turn of APC.The victory of Kayode Fayemi couldn't have come at a better time [...]

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    Losers shouldn’t resort to self-help, says Buhari as he congratulates Fayemi

Losers shouldn’t resort to self-help, says Buhari as he congratulates Fayemi

President Muhammadu Buhari says the emergence of Kayode Fayemi as the winner of the Ekiti state gubernatorial election is another instance of democracy winning in Nigeria.Fayemi defeated Kolapo Olusola, the incumbent deputy governor of the state, who ran on the platform of the Peoples Democratic Party (PDP).In his congratulatory message issued by Femi Adesina, presidential spokesman, Buhari said the people [...]

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    Police: We’ll soon withdraw Fayose, Fayemi’s security aides

Police: We’ll soon withdraw Fayose, Fayemi’s security aides

Habilal Joshak, a deputy inspector-general of police (DIG), says the security details of Ayodele Fayose and Kayode Fayemi will be withdrawn ahead of the July 14 gubernatorial election in Ekiti state.Joshak disclosed this in Ado-Ekiti, the state capital, on Wednesday while addressing journalists.He said the security details of top politicians have been asked to report at the police headquarters in [...]

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    FEC members shower tributes on Fayemi as he bows out of Buhari’s cabinet

FEC members shower tributes on Fayemi as he bows out of Buhari’s cabinet

President Muhammmadu Buhari and ministers in his cabinet on Wednesday held a valedictory session in honour of Kayode Fayemi, ex-minister of mines and steel development.The session held on the sideline of the federal executive council (FEC) meeting.Fayemi is the flagbearer of the All Progressives Congress (APC) in the July 14 governorship poll in Ekiti.At the session, Buhari described Fayemi as man [...]

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    Fayemi denies threatening to cripple Ekiti

Fayemi denies threatening to cripple Ekiti

Kayode Fayemi, governorship aspirant of the All Progressives Congress (APC) in Ekiti, says there is no truth to the allegation that he threatened to cripple the state if he is not given the ticket of the party for the July 14 gubernatorial election.The Ekiti Rebirth Organisation (ERO), a group loyal Babafemi Ojudu, another aspirant, had accused Fayemi of making the [...]

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    Ojudu: Fayemi threatened to cripple Ekiti if not given APC ticket

Ojudu: Fayemi threatened to cripple Ekiti if not given APC ticket

Babafemi Ojudu, governorship aspirant of the All Progressives Congress (APC) in Ekiti state, has accused Kayode Fayemi, another aspirant of threatening to cripple Ekiti if he is not given the ticket of the party for the July 14 governorship election.While Ojudu is an adviser of President Muhammadu Buhari, Fayemi is a serving minister.The APC governorship primary in the state had [...]

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    Ajaokuta will be run by the private sector, says Fayemi

Ajaokuta will be run by the private sector, says Fayemi

Kayode Fayemi, minister of mines and steel development, says the Ajaokuta Steel Company is to function as a "purely private entity".Fayemi reiterated this position on the steel complex during a facility tour of the Abuja Steel Mill, a subsidiary of African Steel Company.He said government had put a lot in place to ensure that the Ajaokuta Steel Complex gets back [...]

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    Like Fayemi, NCC plans tax holiday for telcom investors

Like Fayemi, NCC plans tax holiday for telcom investors

Like Kayode Fayemi, minister of mines and steel development, the Nigerian Communications Commission (NCC) is planning tax holidays and policy incentives to woo foreign investors.Umar Danbatta, executive vice chairman of the NCC, disclosed this in Lagos while speaking at a forum for stakeholders ahead of International Telecommunications Union (ITU) Telecom World 2016.“Although the ICT sector has recorded very significant growth [...]

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    FG revokes license of firm over ‘illicit’ diversion of explosives

FG revokes license of firm over ‘illicit’ diversion of explosives

The federal government has blacklisted a private firm operating in Koko, Delta state, for allegedly diverting explosives.Kayode Fayemi, minister of solid mineral development, has also ordered the sealing off of the company's premises and withdrawal of its explosive distribution licenses."The action by the government followed the outcome of investigations by the office of the national security adviser (NSA), which revealed [...]

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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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