File Photo Senior Advocate and founder of Afe Babalola University, Aare Afe Babalola, has made case for urgent far-reaching reforms in the country’s judicial system particularly in the area bothering on the retirement of judges and aftermath. Babalola also reiterated the need to change the structure of the country, saying, “It is restructuring that would enable each state to curb insecurity, unemployment, poverty, defective justice system and do away with failed leaders. The ABUAD founder, who spoke during the virtual book launch in honour of retired Supreme Court justice, Justice Bode Rhodes-Vivour, which he chaired, said, “The only change that can change the country for the better and pave way for the enhancement of one Nigeria is the change that changes the structure of Nigeria. “It is ...
The Oyo State Government on Wednesday joined other states across Nigeria to rollout the COVID-19 vaccination exercise. The state flagged off the exercise in Ibadan with the first consignment of 127,740 doses it received from the Federal Government. Gov. Seyi Makinde was inoculated with Oxford/AstraZeneca vaccine at exactly 12.20 p.m. During the flag-off, Makinde said that the state had made decision on a sterility test of the vaccine as precautionary measure to ascertain its safety and efficacy. “I have very low tolerance for physical pain, but when duty calls you have to do what you have to do. “I am getting vaccinated today as a show of leadership and to let the people know that they have to be protected. “I ordered for sterility tests because when I asked questions about the origin of t...
The Katsina State Government has approved 5,000 hectares of arable farmland for ranching as part of efforts to curb the herders and farmers’ clashes in farming villages and communities across the state. Governor Aminu Bello Masari, who disclosed this during the 46th annual conference of the Nigerian Society for Animal Production held at the Federal University Dutsin-ma (FUDMA), Katsina, said ranching system will enable the children of herders to have qualitative education. He said that the only solution to the herdsmen and farmers crisis bedevilling some parts of the country is the establishment of ranches in the states, hence the provision of the 5,000 hectares of land. Masari, represented by his Special Adviser on Livestock and Grazing Reserve, Dr. Lawal Bagiwa, explained that apart from...
File Photo Telecoms company Nokia has announced its plan to cut between 5,000 and 10,000 jobs globally in the next two years. It said the move will enable it reduce cost, catch up on 5G, and invest in cloud computing and digital infrastructure research. Nokia said on Tuesday that the restructuring is aimed at boosting its performance against opponents such as Sweden’s Ericsson and China’s Huawei. The company did not indicate regions affected by the measure, but said about 96 jobs in the UK were under threat as part of the €600m (£518m) cost cuts, BBC reported. A Nokia spokesperson was quoted as saying, “We currently expect the consultation process in the UK to cover an estimated 96 roles.” “At this stage, however, these are only estimates. It is too early to comment in detail, as we have o...
Vox Media Over $70 billion have been invested in telecommunications infrastructure deployment in Nigeria since the liberalisation of the industry in 2001. The Executive Vice Chairman of the Nigerian Communications Commission, NCC, Prof Umar Garba Danbatta, who made this known said the amount represented a larger chunk of local and Foreign Direct Investment (FDI) attracted into the sector within the period. Danbatta made the remarks on Thursday while delivering the Bullion Lecture 2021 Edition organised by the Centre for Financial Journalism (CFJ), Lagos. According to him, the investment in infrastructures has boosted the economy and provided more opportunities for more Nigerians have access to telecoms services. “Today, the number of active telephone lines being used by Nigerians has signi...
The Edo State Government has warned owners of event centres, eateries, restaurants, pubs, shopping malls and other places hosting social events in the state against violating the state’s COVID-19 prevention protocols. In a statement signed on Saturday by the Secretary to the State Government, Osarodion Ogie, the government said event centres or business premises that violate regulations on social gatherings would be shut and owners or operators would be prosecuted at designated mobile courts. Ogie noted that the state COVID-19 compliance team had been mandated to ensure strict enforcement of the directives at the weekend, starting from Friday, February 19, 2021, with instructions to ensure full compliance with the protocols. “The Edo State Government hereby warns all event centres, eaterie...
File Photo Governor Okezie Ikpeazu of Abia State has strongly condemned the sudden rise in violent crime around a bad spot before Akara Junction in Isuikwuato LGA of the State. The Governor in a statement released via his Twitter account on Saturday also lamented the recent spike in attacks on POS vendors in Aba. Ikpeazu, who condemned seriously the turn of events in the state, charged the law enforcement agencies to dominate all affected spaces around Isuikwuato axis and decisively combat the rising surge of crime there. He, however, expressed confidence that the law enforcement agencies will apprehend the culprits and ensure the concerned localities are rid of crime. “I acknowledge with sadness the sudden rise in violent crime around a bad spot before Akara Junction in Isuikwuato LGA of ...
Coronavirus: CBN doubles loan disbursement to N300 billion – bank governor
The Central Bank of Nigeria (CBN) says it plans to double the Targeted Credit Facility (TCF) from the initial N149.21 billion to N300 billion following the resounding success recorded in the disbursement of the Covid-19 loans to the applicants. In his keynote address at the 2nd virtual seminar for Finance Correspondents and Editors at the weekend, the Governor said the Bank took the decision in order to accommodate many more beneficiaries as well as boost consumer expenditure which would positively stimulate the economy. He disclosed that the CBN initially created a N150 billion Targeted Credit Facility (TCF) for affected households and small and medium enterprises through the NIRSAL Microfinance Bank, adding that already, N149.21 billion has been disbursed to 316,869 beneficiaries. “Given...