Month
Bayelsa: We won’t retrench workforce amid dwindling revenues – official
The Bayelsa state government has assured civil servants in the state that it had no plans to downsize the workforce, amidst dwindling revenue. The government said on Thursday that although it was contending with an unwieldy wage bill, it would seek alternative sources of revenue to shore up its finances. The Commissioner for Finance, Maxwell Ebibai, gave the assurance at the transparency briefing for the months of January and February 2021, in Yenagoa, the state capital. Newsmen report that under the state’s Bayelsa Transparency Law, it had become mandatory for the government to make public its income and expenditures on a monthly basis. Ebibai, said the state government received N6.8 billion for February, 2021, as net receipts from the Federation Account, after first line deductions, as a...
Ekiti reduces stake in Wema Bank
Ekiti State, one of the shareholders of Wema Bank Plc, has reduced its stake in the bank by 666.670 million from 1.191 billion shares. Ekiti, Oyo, Ogun, and Osun States are shareholders in Wema Bank. While Oyo, Osun, and Ogun held 666.670 million or 1.73 per cent each, Ekiti held 1.191 billion or 3.09 per cent as at December 31, 2019. But in a notification to the Nigerian Stock Exchange (NSE), signed by the Company Secretary of Wema Bank Plc, Johnson Lebile, the bank said Ekiti State Government sold 666.670 million shares at 65 kobo per share on the floors of the NSE, amounting to N433.336 million. According to the bank, the transaction took place between March 3 and 4, 2021. With the transaction, Ekiti State now holds about 524.1 million shares. Neem Tree Limited remains the majority shar...
Kassim Afegbua: No need for reconciliation with Governor Obaseki
Prince Kassim Afegbua, a chieftain of the Peoples Democratic Party (PDP) and former Commissioner for Information in the state, has said he has no need to reconcile with Governor Godwin Obaseki on his purported suspension from the party. Speaking in an interview, Afegbua also said he remained a member of the PDP despite his public endorsement of Pastor Osagie Ize-Iyamu, candidate of the All Progressives Congress (APC) in the last governorship election in Edo state. He said: “There is nothing to reconcile with the state Governor. I am older than him at the party. He only came because he needed a platform to contest the election. After his second term inauguration, can you name the PDP members in his administration, five months after? “Yes, I was purportedly suspended for one month by my ward...
Ohanaeze faction opens own office
The division in Ohanaeze Ndigbo leadership following January 10th election has deepened with the faction opposed to the Prof. George Obiozor- led leadership opening a parallel office opposite the Akanu Ibiam International Airport as its operational base. The Engr. Chidi Ibeh-led faction had while inspecting the main Ohanaeze Secretariat at the Park Avenue, Enugu, recently, declared it as uninhabitable and vowed to secure another secretariat to run the affairs of the apex Igbo socio-cultural organization. Meanwhile, the Ibeh group has declared April 22, 2021 as “Atonement Day of Ndigbo”. According to Ibeh, on the issue of atonement, “this land must be purified; our prayerful men and women will be assembled together, all the clergy in Igbo land will come together and pray for the cleansing o...
More than 90 killed in Myanmar in one of bloodiest days of protests
Security forces killed more than 90 people across Myanmar on Saturday in one of the bloodiest days of protests since a military coup last month, news reports and witnesses said. The lethal crackdown came on Armed Forces Day. Senior General Min Aung Hlaing, the junta leader, said during a parade in the capital Naypyitaw to mark the event that the military would protect the people and strive for democracy. State television had said on Friday that protesters risked being shot “in the head and back”. Despite this, demonstrators against the Feb. 1 coup came out on the streets of Yangon, Mandalay and other towns. The Myanmar Now news portal said 91 people were killed across the country by security forces. A boy reported by local media to be as young as five was among at least 29 people killed in...
Court declares SEC sanctions against Oando management null, void
Wikipedia Oando shareholders in the persons of Alhaji Yakubu Gumel; Alhaji Kabiru Tambari, suing for himself and on behalf of the Sokoto Zone Shareholders Association; Tunde Badmus, suing for himself and for the benefits of Pacesetters Shareholders Association, bagged yet another win at the Federal High Court (FHC) Kano, in a suit filed against the Securities and Exchange Commission (SEC) for overreaching its powers. Justice A. Lewis Allagoa presiding over the ruling dismissed the regulators preliminary objection and granted all the reliefs sought by the Oando Shareholders. The FHC Kano dismissed SEC’s objection on the basis that the shareholders’ claims fall under their rights as shareholders according to the Companies and Allied Matters Act (CAMA) and is therefore not a capital markets i...
Sheik Gumi: Shoot-on-sight order hindering rescue of abducted Kaduna students
Renowned Islamic Scholar, Sheik Ahmad Gumi, has said the shoot-on-sight order of President Muhammdu Buhari is hindering the efforts to negotiate the release of the kidnapped students of the Federal College of Forestry Mechanization, Kaduna. Earlier in the month, Buhari had asked security operatives to gun down those carrying arms illegally in the forests. Speaking with Daily Trust on Thursday, the cleric said some of the bandits he met in the forest during his peace meetings have assisted in identifying the leader of the gang responsible for the abduction of the students. Gumi said despite identifying the leader of the gang, he has been unable to reach out to him because of the shoot-on-sight order of the president. The cleric added that during his previous tours to the bandits’ dens, he m...
Imo JSC fires two magistrates over ‘professional misconduct’
The Imo state Judicial Service Commission (JSC) has dismissed Magistrate G.C Okoli over alleged misconduct and placed suspension on another Magistrate C.P Nnoromele from further sitting, pending conclusion of series of petitions against her. Newsmen gathered that the dismissal notice served on G.C Okoli was signed by the Chief Registrar C.N Okereke on 22nd of this month. The memo which in part read, “Judicial Service Commission at its meeting held on March 16, considered the petition written against four magistrates in the state approved the immediate dismissal of His Worship G.C Okoli from judicial service of Imo state. “The commission further reprimanded and issued a strong warning letter to His Worship A.C Uzoma. “It further directed His Worship C.P Nnoromele to stop sitting pending the...
Super Eagles invitee wants to prove there are quality NPFL players
Abia warriors defender Adekunle Adeleke has revealed his aim in the Nigeria national team squad is to prove there are quality players in the Nigeria Professional Football League. The defender is one of the three home-based players invited for the Super Eagles’ 2022 Africa Cup of Nations qualifiers this month. The three-time African champions will take on the Republic of Benin on March 27 before slugging it out against Lesotho three days later in Lagos. Adeleke has set himself a target of representing the home-based players well in the national team in order to open doors of opportunities for them. “Definitely we are going to give a good account of ourselves and try to do our best to show that there are good and quality players in the league,” Adeleke told Brila FM. The defender is optimist...
Juventus chief: Cristiano Ronaldo is going nowhere
Juventus chief football officer, Fabio Paratici, has declared Cristiano Ronaldo is going nowhere and will see out the rest of his contract in Turin. Ronaldo’s future with Juve was plunged into uncertainty as the Italian giants crashed out of the Champions League at the last-16 stage earlier this month. The 36-year-old has scored at a prolific rate since his £99million arrival from Real Madrid in 2018 and has won back-to-back Serie A titles. But Ronaldo’s search for a sixth Champions League title has been fruitless with Juventus and he has been linked with a move away from the Allianz Stadium this summer, one year before his contract ends. Get more stories like this on Twitter You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It ...
Rumble in Edo as governor runs government without cabinet
Precisely 129 days into his second tenure as governor of Edo State after his election on September 20, 2020 and inauguration on November 12, 2020, Godwin Obaseki, has not formed his cabinet. This has generated some flaks from different quarters, including the opposition party, All Progressives Congress (APC), constitutional lawyers, political analysts, public commentators, residents among others. While others feel that Obaseki has not committed any crime or breached any law, others believe that he is running a one-man administration and must go ahead to form his cabinet. They argued that going by Section 192 of the 1999 Constitution, the governor is obliged to form a cabinet, saying this is a circumvention, which the state House of Assembly should take action on. Obaseki had said that his ...
British premier says no reason to change coronavirus unlocking plans
British Prime Minister Boris Johnson on Saturday said he saw nothing in the COVID-19 data to change his plans for a piecemeal easing of lockdown in England, with the next major steps due to take place next month. Johnson said he looked forward to getting his hair cut and having a pint of beer in the garden of a pub, among the activities permitted if stage two of his unlocking plan proceeds on April 12. All non-essential shops are also due to reopen from that date. On Monday, there will be a smaller change, allowing groups of 6 to meet up outside. Foreign travel will be banned until at least May 17, which is also the earliest date indoor hospitality and performance venues might re-open. Although Johnson has outlined dates at which he plans to ease restrictions, he has been clear that it is ...