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Anambra: Police arrest six ‘criminals’, recover Lexus jeep, SUV, two tricycles

Police operatives attached to Anambra State Command have gone offensive against criminal elements in the state, leading to the successful arrest of six criminal suspects involved in offences of unlawful possession of firearms, stealing and cultism. Newsmen gathered that the arrest led to the recovery of one locally-made pistol with two live cartridges, one Lexus jeep and two tricycles. The State Police Public Relations Officer, DSP Ikenganya Tochukwu, who disclosed this in a statement in Awka, on Monday, said acting on credible information while on surveillance duty, operatives of the Command attached to Ihilala Police Division, on 4/4/2021 at about 18:20hrs, arrested one Chike Obi ‘m’ 28 years, of Umudubiri Uzoakwa Ihiala and Okosis Udeagu ‘m’ 23 years, of Uhuobo Okija. One locally-made p...

Commodities trading: SEC issues new rules on warehousing, collateral management

File Photo In a bid to ensure a vibrant commodities trading ecosystem, which would in turn boost foreign exchange earnings for the country, the Securities and Exchange Commission (SEC) has released new rules covering warehousing and collateral management, among others. According to the rules, every warehouse that stores commodities to be traded on a registered exchange shall apply to be registered by the SEC, while the commission shall maintain a register of all registered warehouses to be published on its website. The new rules also provide that any warehouse applying for registration shall submit proof of ownership or registered-lease deed or rent agreement, alongside a disclaimer from the owner of the warehouse/property providing waiver of ownership regarding commodities stored in such ...

Shell donates 330 PPEs to FRSC in Rivers

File Photo The Federal Road Safety Corps (FRSC), Rivers Command, said it had received over 330 Personal Protective Equipment (PPEs) donated by Shell Nigeria to combat the COVID-19 pandemic. Rivers FRSC Sector Commander, Salisu Galadunci, said in a statement that the PPEs comprised of 170 pieces of nose masks, 150 pieces of reflective jackets and body temperature gauges. The sector commander said that the items were presented by Shell Nigeria officials led by its Head, Sponsorship and Social Investment, Mrs Anike Kakayor. “The team has expressed delight in the way and manner in which the FRSC Rivers carries out its operational mandates of safeguarding lives on the highways. “The team also commended our aggressive enlightenment campaigns at motor garages and on the various media platforms. “...

Nigeria’s inflation rate hits 17.33 percent

The consumer price index, which measures the rate of increase in the price of goods and services, increased to 17.33 percent in February. This is the highest point since April 2017. According to the CPI/Inflation report released by the National Bureau of Statistics (NBS) on Tuesday, the food inflation stood at 21.79 percent, the highest point since the 2009 data series began. According to the NBS, food inflation also grew by 21.79 percent year-on-year compared to 20.57 percent recorded in January. The headline inflation for month-on-month also increased to 1.89 percent from 1.83 percentage points. It explained that the upward movement in food inflation was caused by increases in the prices of bread, cereals, fish, potatoes, yam and other tubers, vegetables, meat, oils and fats, fruits and ...

Management shuts down Nasarawa polytechnic over students’ protest

The Management of Isa Musthapha Agwai Polytechnic Lafia, has shut down the institution for one week following students’ protest on Thursday. Newsmen report that the students had barricaded the Lafia-Jos Road for several hours, to protest the alleged closure of the school’s registration portal by its management. Dr Justina Kotso, Rector of the polytechnic announced the temporary closure of the school while briefing newsmen on the aftermath of the protest in Lafia. She said decision to shut down the institution for one week was reached at an emergency management meeting following the unrest in the school. “We woke up Thursday morning preparing our students for semester examination scheduled to begin on Monday, March 15, then suddenly we realised that the students started a protest.” She said...

CBN donates relief items to IDPs in Borno

The Central Bank of Nigeria (CBN), Maiduguri branch, on Monday donated relief items worth Millions of Naira to the Internally Displaced Persons (IDPs) in the State. Presenting the Items, Alhaji Lawan Tijjani Kanuriyana, the CBN Maiduguri Branch Controller, said that the gesture is to support displaced families at this critical time of needs. Kanuriyana said that that the items which included 300 bags of rice, 151 cartons of Indomie, 20 cartons of maggi, 31 cartons of tomatoes, 151 cartons of spaghetti, 150 bags of semovita, 20 cartons of vegetable oil and 11 cartons of salts would be given to the IDPs. Responding, Hajiya Yabawa Kolo, the Director General of State Emergency Management Agency (SEMA), lauded the bank for the donation, noting that it would go a long way to providing succor to ...

SSANU, NASU suspends strike after three weeks

File Photo The Joint Action Committee, JAC, of non-teaching staff unions of universities has announced the suspension of its three weeks old strike with effect from midnight of February 26. The national leadership of JAC non-teaching staff comprises of the Senior Staff Association of Nigerian Universities (SSANU) and Non-Academic Staff Union of the Universities (NASU). The union which conveyed its decision during media briefing it held after the conciliatory meeting with the federal government, explained that it agreed to suspend the national strike after extracting some concessions from the government. Speaking through NASU General Secretary, Peters Adeyemi, the union said its demands have been harmonized to the satisfaction of both parties, just as he stressed that they will continue to ...

NEMA begins distribution of N500 million relief material to flood victims in Imo

The National Emergency Management Agency (NEMA) has commenced the distribution of relief materials worth N500 million to flood victims in eight Local Government Areas in Imo State. The operations, said the Head of Imo/Abia Operations of the agency, Evans Ugoh, is in fulfilment of the assurance from NEMA Director-General Mr Mohammed Mohammed that the agency will continue to support victims of disasters across the country. Ugoh listed benefiting local governments areas during the flag-off of the distribution on Tuesday to include Ohaji-Egbema, Oguta, Obowo and Ihite-Uboma. Others are Isiala-Mbano, Mbaitoli, Ikeduru and Owerri West local government areas. He disclosed that flood and windstorm ravaged many homes in Imo in 2020 which he said attracted NEMA to give assistance to affected communi...

Security forces burst arms stockpile in Ebonyi

Nigerian security forces have burst arms stockpiles at Effium in Ohaukwu Local Government Area of Ebonyi State after a joint security operation. An intelligence source told PRNigeria that a combined team of security forces recorded the huge success in a major sting operation carried out by the Department of State Services (DSS) in collaboration with the Nigerian Army in the early hours of 12th February, 2021 at Effium. Items recovered during the operation included: an AK-47 rifle; One (1) G3 rifle; a pump action rifle; double barreled Dane gun; five single barreled Dane guns; two locally made pistols; locally made revolver pistol and 592 different calibers of ammunition including those for General Purpose Machine Gun (GPMG) and AK-47 rifles. Though the DSS Spokesperson, Peter Afunanya, whe...

Nigerian Navy destroys 15 militant camps in Akwa Ibom, Rivers

Getty Images The Nigerian Navy Ship, NNS Jubilee, in Ikot Abasi local government area of Akwa Ibom state, said it has destroyed 15 militants camps within its area of jurisdiction in Akwa Ibom and some parts of Rivers state. The Commander, NNS Jubilee, Commodore Abdulmajid Ibrahim, who disclosed this to newsmen on Thursday at the base in Ikot Abasi local government area, Akwa Ibom state said the militant camps were discovered and destroyed during its anti-piracy and anti-sea robbery operations. He stated that the destruction of the militants’ camps by the Nigerian Navy was made possible through the raid of some of the 1,800 creeks within its jurisdiction, adding that the joint patrol operations of the Navy and Nigeria Police have resulted in relative peace and security in the area as well a...