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NNPC declares N13.43 billion trading surplus for November 2020

The Nigerian National Petroleum Corporation, NNPC, has declared a trading surplus of N13.43billion for November 2020, 54 per cent more than the N8.71billion recorded in October 2020. This is contained in the November 2020 edition of the NNPC Monthly Financial and Operations Report (MFOR), according to a press release by the Group General Manager, Group Public Affairs Division of the Corporation, Dr. Kennie Obateru Obateru said the trading surplus or trading deficit is derived after deduction of the expenditure profile from the revenue in the period under review. The report indicated that in November, NNPC Group’s operating revenue as compared to October 2020, decreased slightly by 0.02 per cent or N0.09billion to stand at N423.08 billion. Similarly, expenditure for the month decreased by 1...

Abia government begs teachers to resume classes

Nigeria Union of Teachers Abia State Government has called on members of the state chapter of Nigeria Union of Teachers (NUT) to return to classes in the interest of their students and pupils. Teachers in the state schools system had penultimate week given the government one week to clear areas of salaries and other entitlements owed them, failure which they would embark on industrial action. In a statement by the state Commissioner for Information, Chief John Okiyi Kalu, government said primary and junior secondary school teachers have received salary up to November 2020, leaving only December as outstanding. He said the state government paid three months salary to secondary school teachers in December 2020 as part of efforts to clear backlogs owed them with a promise to pay at least anot...

Presidency: Boko Haram weaker now than in 2015

As the country marks the 2021 Armed Forces Remembrance Day, Friday, the Presidency has declared that the activities of Boko Haram insurgents have been weakened compared to what obtained in 2015. This is even as it said that more than 2,403 criminals, including terrorists, bandits, kidnappers and criminals of other sorts, were reportedly eliminated by the Nigerian Armed Forces, in coordinated operations across the country between March 18 and December 30, 2020. The event is billed to hold in the early hours of the day at the National Arcade, opposite Eagles Square, Three Arms Zone, Abuja. The Special Adviser to the President on Media and Publicity, Femi Adesina, in a statement titled “Security checklist, as Nigeria marks Armed Forces Remembrance Day, by Presidency” flaunted the Buhari admin...

Benue governor: Quit notice to Bishop Kukah a recipe for disintegration

Benue State Governor Samuel Ortom has warned that the quit notice by a muslim group demanding the Catholic Bishop of Sokoto Diocese, Bishop Mathew Kukah to tender an unreserved apology over his Christmas Day message or leave Sokoto State, is capable of causing the disintegration of the country. The Governor however enjoined all Nigerians, irrespective of religious and political inclinations, to uphold unity, peace and dialogue as panacea for the myriad of problems confronting the country. Reacting to the statement, the Governor who spoke through his Chief Press Secretary Terver Akase said the group’s statement was a contradiction of provisions of the Constitution which gives Nigerians the right to live freely in any part of the country. Ortom added that the statement of the group directing...

Ahmadu Bello University announces date for resumption

The management of the Ahmadu Bello University, Zaria, in Kaduna State, has fixed Monday, January 25th, 2021 as the date for the reopening of the institution for academic activities. However, the Director of Public Affairs of the ABU, Mallam Auwal Umar, said in a statement that the resumption date was subject to review by the Federal Government. The statement titled, ‘Ahmadu Bello University fixes January 25 for reopening,’ said the resumption date was approved by the Senate of the University at its 501st (Special) Meeting on Tuesday The statement read, “The 2019/2020 academic session would be completed based on the adjusted calendar as approved by the Senate. “The decision to reopen the University followed the suspension of ASUU strike, and the directive by National Universities Commission...

Atletico Madrid decide on Lyon striker as Diego Costa replacement

Atletico Madrid have decided to sign Lyon striker Moussa Dembele as their replacement for Diego Costa, report Deportes Cuatro. Costa terminated his contract at Atleti at the end of last month so the club have been compiling data on his potential replacement with his wages now freed up in the squad. Striker Luis Suarez is now the main frontman at the club but with Alvaro Morata having also left over summer, there is a dearth of attacking options in the squad. French striker Dembele had netted an impressive 44 goals across his first full two seasons at Lyon – whom he joined from Celtic in 2018 – but has struggled this campaign, netting just once in 16 Ligue 1 appearances, of which just six have been from the start. It is now said by the report that Atleti are hopeful of taking advantage of t...

Egypt to probe four coronavirus deaths due to alleged lack of oxygen

Egyptian prosecutors opened an investigation into the deaths on Sunday of at least four coronavirus patients at a public Egyptian hospital, after a video of nurses struggling to keep the patients alive was shared widely on social media. The governor of Sharqia province denied allegations by a relative of one of the patients that the deaths were caused by a lack of oxygen at the government-run intensive care unit treating COVID-19 patients. Governor Mamdouh Ghorab said the patients died because they suffered chronic diseases in addition to the virus. The relative, who also filmed the video, offered no immediate evidence to back up their claim that the hospital ran out of oxygen. Egypt, the Arab world’s most populous country with more than 100 million people, is facing a surge in confirmed v...

Egypt to probe four coronavirus deaths due to alleged lack of oxygen

Egyptian prosecutors opened an investigation into the deaths on Sunday of at least four coronavirus patients at a public Egyptian hospital, after a video of nurses struggling to keep the patients alive was shared widely on social media. The governor of Sharqia province denied allegations by a relative of one of the patients that the deaths were caused by a lack of oxygen at the government-run intensive care unit treating COVID-19 patients. Governor Mamdouh Ghorab said the patients died because they suffered chronic diseases in addition to the virus. The relative, who also filmed the video, offered no immediate evidence to back up their claim that the hospital ran out of oxygen. Egypt, the Arab world’s most populous country with more than 100 million people, is facing a surge in confirmed v...

World Bank: Pandemic to push over 115 million people into extreme poverty

A report by the World Bank has noted that over the past 12 months, the Covid-19 pandemic has harmed the poor and vulnerable the most, and it is threatening to push millions more into poverty. This year, the World Bank said, after decades of steady progress in reducing the number of people living on less than $1.90/day, COVID-19 will usher in the first reversal in the fight against extreme poverty in a generation. The report said the latest analysis warns that COVID-19 has pushed an additional 88 million people into extreme poverty this year – and that figure is just a baseline. “In a worst-case scenario, the figure could be as high as 115 million. The World Bank Group forecasts that the largest share of the ‘new poor will be in South Asia, with Sub-Saharan Africa close behind. ddAccording ...

Nigerian youth union settles NANS factions

Nigerian Youth Union (NYU) has successfully intervened in the crisis that followed the National Delegates’ Conference of the National Association of Nigerian Students (NANS) which led to the emergence of Sunday Asefon as NANS President. NYU hosted the two factions in NANS Zone B, Jeremiah Friday Ohomah of Federal University of Petroleum Resource Effurun and Friday Offongekpe Etinyene of the University of Uyo, at the NYU National Secretariat Abuja, to possibly resolve the issues that might have arisen from the election. NYU President, Comrade Chinonso Obasi, in a statement released in Abuja, on Thursday, confirmed that the meeting was successful as aggrieved parties agreed to suggestions that would herald peace and unity in NANS. Obasi reiterated that one of the core mandates of the NYU is ...

FRSC urges motorists to exercise patience

The Ifo Unit Command of the Federal Road Safety Corps (FRSC) in Ogun has advised motorists to exercise patience and drive with caution to stem road crashes during the Yuletide. The Commander of the unit, Mr Joshua Ibitomi, gave the advice on Thursday in Ota, Ogun. The Federal Government had on Wednesday declared Dec. 25 and Dec. 28, 2020, as well as, Jan. 1, 2021, as public holidays for the citizens to celebrate Christmas and the New Year festivities respectively. Ibitomi said that the advice had become necessary as motorists are always in a hurry during the festive season to arrive at their destinations without being conscious of the safety measures on the roads. “The FRSC implores motorists to exercise patience and adhere strictly to traffic rules and regulations to avoid carnage on the ...