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Fury over Belarus airliner ‘hijack’ set to dominate EU summit

Fury over the forced landing of a Ryanair plane in Belarus has upended the agenda of a European Union summit dinner on Monday, where leaders were due to discuss relations with Russia and Britain but will now also consider punitive steps against Minsk. Belarusian authorities scrambled a fighter jet and flagged what turned out to be a false bomb alert to force the civilian aircraft to land on Sunday and then detained an opposition-minded journalist who was among the passengers on board. The diversion of a plane owned by an EU company that was flying between two EU capitals was “an inadmissible step”, the bloc’s foreign policy chief said, and it would be raised at the summit. “The EU will consider the consequences of this action, including taking measures against those responsible,” Josep Bor...

Gombe eyes World Bank loan to address erosion at Federal College

Gombe State is considering taking a World Bank loan to tackle erosion at the Federal College of Education (Technical) Gombe. The state’s Deputy Governor, Manassah Jatau, made the declaration in Gombe on Tuesday when a Presidential Visitation Panel, led by Prof. Kenneth Okiongbo, visited the school. Jatau said notwithstanding the fact that the school belonged to the Federal Government, the state government was considering taking the loan because its people benefited the most from the school. He said the state government had earlier intervened in erosion control in the school through the diversion of some major structures at the Mega Park located very close to the school. He said the government was doubling its efforts to ensure speedy completion of work at the erosion sites. Jatau stressed ...

EFCC arrests bank staff for ‘N34 million fraud’

The Lagos Zonal Office of the Economic and Financial Crimes Commission, EFCC, has arrested one Elizabeth Modupe Osunjuyigbe, an employee of Access Bank Plc, for an alleged fraudulent diversion of funds to the tune of over N34m (Thirty-four Million Naira). The suspect, who was arrested on Friday April 30, 2021, allegedly sent a fraudulent request sometime in January to the Branch Service Manager of Access Bank, Adeola Odeku, Lagos State, to issue a draft of the sum of N31, 330, 165. 00 (Thirty One Million, Three Hundred and Thirty Thousand, One Hundred and Sixty-five Naira) in favour of one Best Timland Nigeria Limited. Investigations revealed that the suspect allegedly forged a solicitor’s letter dated January 19, 2021 directing the bank to issue the draft in favour of Best Timland, claimi...

House minority caucus flays $1.5 billion approval for rehabilitation of Port Harcourt refinery

The Minority Caucus in the House of Representatives Tuesday described the approval of $1.5 billion for the rehabilitation of the Port Harcourt refinery as a huge scam and a ploy by unscrupulous elements to siphon public funds. The Federal Executive Council (FEC) had recently at its virtual meeting presided over by President Muhammadu Buhari approved $1.5 billion for the rehabilitation of the refinery. But, the caucus in a statement by its Leader, Hon. Ndudi Elumelu, while rejecting the amount, said the figure is outrageous and heavily inflated, demanding an immediate review of the cost. The lawmakers noted that while they are in support of any genuine effort to bridge energy deficit in Nigeria, such should not be used as a ploy by corrupt individuals to fleece the nation. The caucus called...

Official: TCN completes new transmission tower in Lagos

The Transmission Company of Nigeria (TCN) says it has completed the construction of a new transmission tower in Ajah, Lagos state. The TCN’s General Manager, Public Affairs, Mrs Ndidi Mbah, disclosed this in a statement in Abuja on Thursday. Mbah said that TCN has also strung the old and a new 330 kilovolts Egbin – Ajah transmission lines, adding that both lines have been energised. She said that the new line increased the transmission lines capacity on that line route by 600 Megawatts (MW) bringing it to a total of 1,200MW. “The old line was re-energised on March 13 while the new line was energised on March 15. “Prior to resuscitation of the second Egbin-Ajah Transmission Line, the Aja 330/132/33kV Substation operated through a single circuit 330kV transmission line. “Within the period, t...

Senator Dickson: Why I am staying off Bayelsa government events

File Photo A former Governor of Bayelsa, Seriake Dickson, says he has no rift with his predecessor, Douye Diri, who took over from him on February 14, 2020. Dickson said his noticeable absence from government functions was deliberate and in consonance with his values and principles of non interference. In a statement issued on Thursday, Dickson, who is now a senator representing Bayelsa West Senatorial District of the state, said he remained supportive of Diri’s administration. He said he had no hand in the media attacks against Diri’s administration by some of his former aides. Dickson’s explanation came on the heels of claims by John Idumange, a former general manager of the Bayelsa Broadcasting Corporation, alleging diversion of N3 billion agricultural loan obtained by Dickson’s adminis...

Naira weakens to lowest in three years

The Naira yesterday weakened to the lowest in over three years in the parallel market due to increased demand for dollars amid foreign-currency shortages. The local currency depreciated to N495 to a dollar yesterday, lowest since February 23, 2017, widening the gap with the official rate of N379.5 to over 30 per cent. The currency traded in the interbank market at 389.74 as of 4:54p.m. in Lagos. Agency reports quoted traders as alleging a groundswell of diversion of dollars, a development which heightened scarcity of the green back in the parallel market this week. There is a diversion of inflows away from official channels to the parallel market due to the gap in rates, Murega Mungai, trading desk manager for Aza Finance said in a note Thursday. The market spread has created arbitrage opp...

Water Resources Bill: Minister decries misinformation of Nigerians

The Minister of Water Resources, Mr Suleiman Adamu, has said that Nigerians are being misinformed about the Water Resources Control Bill. The minister made the statement while interfacing with the House of Representatives Committee on Water Resources in Abuja, following the public outcry that trailed the passage of the bill. Newsmen recall that sequel to a motion of personal explanation by Rep. Benjamin Mzondu (PDP-Benue) the house withdrew the bill which had already been passed on the grounds that it was not gazetted. The minister recalled that the bill was presented in the 8th Assembly and there was a two-day public hearing with Rep. Aliyu Ahman-Pategi as chairman. According to him, there was no issue at all until some unpatriotic Nigerians gave bad and dangerous colouration, and tried t...

Nigeria seeks to halt looting amid fury over ‘food warehouses’

Nigerian security forces are struggling to contain increasing cases of looting on government-run warehouses across the country, in the latest incident of unrest following widespread, youth-led protests against police brutality. The storage facilities hold tonnes of relief materials including food meant for distribution during lockdowns previously enforced to stem the spread of the novel coronavirus. While the distribution programme had been temporarily halted across several states in the country in recent months, it emerged this week relief items were still stored in some of these facilities, as well as the private homes of politicians. The news angered many in the country with the biggest number of people living in extreme poverty globally. “The food items belong to Nigerians. Why are the...

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