Instance
Bayelsa government resolves crisis at Niger Delta University
The mediatory meeting covered Wednesday at the instance of the Bayelsa State Government between the Governing Council of the Niger Delta University, NDU, students’ representatives and other stakeholders has restored normalcy to the state-owned university. Students of the university had been protesting against the closure of the institution’s portal for payment of school fees and alleged enforcement of compulsory wearing of school uniform by the university authorities. But rising from the last round of meetings directed by Governor Douye Diri which were presided over by his deputy, Senator Lawrence Ewhrudjakpo, at the Government House, Yenagoa, it was agreed that the portal for the payment of school fees be reopened. A statement issued by the Senior Special Assistant on Media, Mr Doubara At...
APC group commends President Buhari, security agents for ‘decimating’ IPOB
The All Progressives Congress (APC) Legacy Awareness and Campaign has commended President Muhammadu Buhari and federal security agents for decimating separatist group Indigenous People of Biafra (IPOB). The group, in a statement issued by the quartet of Barr Ismail Ahmed, Lanre Issa-Onilu, Tolu Ogunlesi and Salihu Moh Lukman, claimed that the country will in the next few months witness even more progress on all fronts. ‘On security, the fear that has gripped the nation in recent times is receding while confidence is being renewed as the security agencies are chasing down the criminals, taking the battle to the bandits, unknown gunmen, kidnappers, and other criminal elements who have been holding the country by the jugular and turning Nigeria to a killing field,’ the group stated. ‘From the...
Ekiti 2022: Governor Fayemi’s performance‘ll make the job easier for APC – party chairman
A Chieftain of the All Progressives Congress (APC) in Ekiti State, Akinlayo Kolawole, has disclosed that the performances of the Governor Kayode Fayemi-led administration would make next year’s governorship election easier for the party to win in the state. Kolawole, a former House of Representatives aspirant for the Ekiti North Federal Constituency Two in the 2019 general elections, made the disclosure in a chat with newsmen in Ado-Ekiti, urging the party leadership not to take anything for granted ahead of the all important election. He enjoined every member of APC in Ekiti and beyond to show more interest in sharing the good news to the public. The APC stalwart reiterated commitment to his political aspiration, stressing that ” it is alive and kicking.” He said : ” You are all around an...
PSG steals Georginio Wijnaldum from Barca’s grips with better offer
Liverpool’s Dutch midfielder, Georginio Wijnaldum, who had been a long-time target to firm up the Catalan midfield for Barcelona, made a sudden volte face by deciding for former French Ligue champions Paris Saint-Germain instead. Just when the details of his move from former English Premier League champions Liverpool were almost fully sorted with arrangements on course for Wijnaldum’s medicals at Camp Nou, PSG jumped ahead to challenge for the midfielder’s interest with a juicier offer which appears to have worked in their favour. The Ligue 1 side has now won the race to sign 30-year-old central midfielder on a free transfer from Liverpool. PSG found their way around advanced talks between Wijnaldum and Barca by showing the defender their determination to attract him to Paris by improving ...
Resident doctors extend strike ultimatum by two weeks for federal government, states to act
The National Association of Resident Doctors (NARD) has extended its strike ultimatum by two weeks to let the Federal and State governments to address the issues of welfare of their members across the country. The extension is contained in a communiqué at the end of the association’s 41st Ordinary General Meeting (OGM) which held in Nnewi/Awka, Anambra, between May 25 and May 29. The communiqué was release by Dr Uyilawa Okhuaihesuyi, National President of NARD, in the company of other members of the executive. It said that the association would resume a total strike action if its demands remained unattended to at the end of the period. It said that the strike was suspended following government’s promises as entailed in the Memorandum of Actions, signed at the instance of Minister of Labour...
Iran bans cryptocurrency mining for four months
Iran is temporarily banning cryptocurrency mining after some of the country’s major cities experienced repeated blackouts. President Hassan Rouhani said that the ban would last until September 22nd. The country has experienced summer blackouts in years past, and while the current round of outages is mostly being blamed on a drought that’s affecting the country’s ability to generate hydroelectric power, it seems that the Iranian government is eager to cut down on any aggravating factors. Power-hungry cryptocurrency mining operations, for instance. According to the BBC, Iran operates a program where Bitcoin miners must register with with the government, pay extra for electricity, and sell their coins to the central bank. President Rouhani stated that the legal mining operations in the countr...
Anambra guber: I’m not President Buhari’s anointed aspirant – Dozie Madu
An All Progressives Congress (APC) aspirant for the forthcoming Anambra State governorship election, Hon Dozie Madu, has dismissed speculations that he has been anointed by President Muhammadu Buhari. Speaking after picking the declaration of interest and nomination form at the APC National Secretariat in Abuja on Monday, he said that he is comfortable with any mode of primaries approved by the party’s national leadership. Asked to substantiate the claims that he is anointed by the President, he said: ‘I don’t understand what you mean. How can the President give a governorship aspirant a ticket? It is the people, I disagree with you, it is false. If you look at my dossier, you should know that I can’t involve myself in this kind of thing.’ On how he can do better compared to other former g...
NNPC selects 26 firms to lift Nigeria’s crude oil
The Nigerian National Petroleum Corporation (NNPC) has picked 26 foreign and local companies as well as 12 countries to lift the country’s crude oil for the next two years. The crude term contracts, expected to run from 2021 through 2023, would see the firms and the selected nations, which would operate on a Government-to-Government (G2G) basis to purchase the commodity from the national oil company. The deal is coming less than a week after the corporation chose 16 oil and gas consortia for its new crude-for-fuel swap contracts for one year starting in August. The contracts, known as Direct Sale, Direct Purchase (DSDP) are high-stakes agreements used to supply nearly all of Nigeria’s petrol needs as well as cover some of its diesel and jet fuel consumption. However, in the fresh crude oil...
Senate passes amended AMCON bill, empowers agency to seize debtors’ assets
The Senate Wednesday passed the Asset Management Corporation of Nigeria Amendment bill after considering the report of its Committee on Banking, Insurance, and Other Financial Institutions. The amendment bill passed by the upper chamber empowers the Assets Management Corporation of Nigeria to, among others, take possession, manage or sell all properties traced to debtors, whether or not such assets or property is used as security/collateral for obtaining the loan in particular. It also empowers the corporation to access the Special Tribunal established by the BOFIA, 2020 for dealing with financial related matters. Presenting the report, Chairman of the Committee, Senator Uba Sani (APC, Kaduna Central) said the Committee engaged with stakeholders such as AMCON, Federal Ministry of Finance, ...
Delta governor: We inherited N100 billion unpaid pension under compulsory pension scheme
Gov. Ifeanyi Okowa of Delta on Sunday said his administration inherited about N100 billion unpaid pensions under the Contributory Pension Scheme (CPS). Okowa disclosed this at the third session of the 8th Synod of the Church of Nigeria (Anglican Communion), Ughelli Diocese. The session was held at Bishop Agori-Iwe Memorial Church, Ughelli. Okowa said that the financial burden forced 18 state governments out of 26 that enlisted on the scheme to withdraw, leaving only eight state governments, including Delta, in the Programme. The governor explained that the major challenge which forced the states to withdraw and others not to enrol in the scheme, was the huge backlog running into billions of naira. He said that his administration was up-to-date with payment of pensioners in the old scheme. ...
Ex-NOC official: National Sports Festival remains good investment in youths
Elias Gora, a former Secretary-General of Nigeria Olympic Committee (NOC), says the biennial National Sports Festival (NSF) remains a good investment in ensuring Nigerian youths are positively engaged. Gora told newsmen in Lagos on Monday that the Festival could however be improved upon to discover more talents for Nigeria. He emphasised on the need to also use the Festival to continue to promote peace and unity in the country. “It is an investment, and it has kept the youths busy. Other youths who watched would have been motivated. “So, with the height of insecurity in the country, such distraction is needed. “I was part of the officials and one thing I understand is the fact that these youths will rather focus on what they enjoy doing. They can’t be bothered about anything. “If we can in...
Understanding the strength of small businesses
The number of small businesses keeps growing in the formal and informal sectors of the Nigerian economy, due to the role of small businesses as the live-wire of any economy and the backbone of major developed economies the world over. Though Nigeria rely majorly on oil and revenues derived from it, from context observation the economy is largely supported by small businesses covering almost all spheres of activities within the country, ranging from Nano, kiosk, and Micro businesses most importantly. A visible reference usually includes the vulcanizers, corner shop owners, single retail marketers, repairers, painters, business center operators, restaurants, market women, and men in the various open markets, among others. and the formal operations such as the law firms, accounting firms, con...