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CBN governor vows to block maize importation

Governor, Central Bank of Nigeria (CBN), Mr Godwin Emefiele on Thursday vowed to resist importation of maize as Nigerians have the capacity and capability to grow the crop locally to meet consumption demand. On that note, he has urged youths across the country to embrace agriculture, declaring the bank’s readiness to support those ready to venture into it. Emefiele made the declaration in Katsina at the unveiling of the first maize pyramid and flag-off of the 2021 maize wet season farming under the CBN-Maize Association of Nigeria (MAAN) Anchor Borrowers’ Programme. He averred that Nigerian youths could leverage their talents, along with technological tools to improve farm productivity and delivery of agricultural produce to markets. While noting that agriculture offered significant benefi...

PANDEF seeks South-south security outfit

The Pan Niger Delta Forum (PANDEF) has paid a consultative visit to former President Goodluck Jonathan in Abuja to discuss the current security situation of the country and South south matters particularly the need for a regional security arrangement for the South-South as being done by other zones in the country. The PANDEF delegation led by the National Chairman, Senator Emmanuel Ibok Essien, said they visited the former President because he was a key voice in the country, and the political leader of the Niger Delta Region, and that his vast knowledge and understanding of the complexities and intricacies of the country, and the region, would be of immense benefit to PANDEF, and other groups in the country in the efforts to resolving the challenges we are confronted with. The group in a s...

NNPC to partner Borno government to establish gas power plant

The Group Managing Director, Nigeria National Petroleum Corporation (NNPC), Alhaji Mele Kyari has said that the corporation will partner with Borno State Government to establish a Gas Power Plant following the vandalization of the national grid by insurgents which put the state almost three months into total blackout. Kyari who led a powerful delegation on a courtesy call on Governor Babagana Umara Zulum on Friday said, the Federal Government will not fold its arms and neglect the state which is been ravaged by insurgents, especially cut off from the national grid, as power is a source of income to the teaming people of the state. “We are here with my colleagues, the Head of Gas and Power Business, Engineer Yusuf Usman, Representatives of Greensville Liquefied Natural Gas (LNG), which is a...

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...

Ebonyi governor: South East benefited more from APC government than PDP’s 16 years

Governor David Umahi of Ebonyi State and Chairman of South East Governors’ Forum weekend, said the South East benefitted more from the Buhari-led All Progressives Congress, APC, federal government than from Peoples Democratic Party’s sixteen years of governance. Speaking to newsmen in Lagos through his Commissioner for Information and State Orientation, Barr. Orji Uchenna Orji, Umahi said the Igbo have had a fair-play under Buhari’s administration in terms of economic and infrastructure development. According to him, the N10Billion Airport rehabilitation, the 2nd Niger Bridge, the Enugu-Port-Harcourt Expressway and other infrastructures are pointers to the benefits the South East States are getting from the Buhari administration. “These are indications that this administration is helping t...

Senate advocates stiffer penalties for employers involved in ill treatment of employees, child labour, others

The Senate on Tuesday, passed for second reading, a Bill which seeks to review the Labour Act to provide stiffer penalties for various offences ranging from ill treatment of workers by employers, modern slavery, child labour to discrimination against women in the work place. The legislation titled ‘A Bill for an Act to amend the labour Act Cap L1, LFN, 2004 to review labour fine and other related matters, 2021,’ is sponsored by Senator Francis Onyewuchi (Imo East). According to the draft Bill, Section 21 proposed a fine of N500,000 and N1,000,000 from the present fine of N800 and N500 for first and second offences relating to “Breach of terms and conditions of employment”, as it relates to the wage hour, nature of employment, leave and contracts of employment, among others. Section 46 also...

President Buhari hailed for sacking service chiefs

An environmental activist, Chief Sheriff Mulade, has commended President Muhammadu Buhari for relieving service chiefs of their positions and appointing their replacements, saying the development showed that the president has a listening ear given the growing agitation from Nigerians for a change of guard in the nation’s security architecture. This was as he called for the urgent restructuring of the country following what he referred to as “the mismanagement of the nation’s resources, as well as the endless marginalization of the South-South region of the country.” The peace advocate, while reacting to the president’s action, at a media conference in Abuja, expressed optimism that the action would bring improvement in security management in the country. Mulade, who is the National Coordin...

Nigerian university staff to embark on indefinite strike

File Photo The Non-Academic Staff Union of Educational and Associated Institutions (NASU), and the Senior Staff Association of Nigerian Universities (SSANU) have disclosed that they will be embarking on “an indefinite, comprehensive and total strike” from February 5th. The Joint Action Committee of both unions, disclosed this while addressing reporters in a press conference on Friday. The committee explained that it is giving the Government two weeks till February 5th to address its demands, else the industrial action will commence. The unions had embarked on a fourteen day warning strike between 5th and 19th of October 2020 in protest of a number of issues bordering on the welfare of their members. The warning strike culminated the signing of a Memorandum of Understanding (MoU) on the 20t...

Coronavirus: Concern grows over potential superspreader event during US Capitol riot

Concerns are mounting about the health of lawmakers and other people in the Capitol last week, after the first member to test positive for the Coronavirus (COVID-19) since Wednesday’s chaos, said she believed she was exposed in a crowded hiding place with hundreds of other legislators. Rep. Bonnie Watson Coleman, D-N.J., tested positive on Monday while experiencing mild symptoms, and said in a statement that she believes she caught the virus from her fellow lawmakers while hunkering down as Capitol Police struggled for hours to contain a Trump-inspired mob attack on the Capitol. Lawmakers were trapped in a room near the Capitol with hundreds of others, in some cases for hours, where at least one person who later tested positive for the coronavirus was present. The Office of the Attending P...

Man docked for ‘stealing’ chicken breeders

The Nigeria Police Force (NPF) on Friday brought a 48-year-old security man, Peter Sanbe, before an Iyaganku Chief Magistrates’ Court, Ibadan, for allegedly stealing chicken breeders. Newsmen report that Sanbe of an undisclosed address, was docked on a three-count charge bordering on conspiracy, stealing and unlawful neglect of duty. According to the Prosecutor, Insp. Catherine Michael, Sanbe and others still at large, did conspire to commit the offence. Michael said that Sanbe, who was employed on Dec. 9, 2020 by NASTECH Farm, allegedly stole 84 chicken breeders on Dec. 30, 2020. She alleged that the chicken breeders valued N420,000, belonged to the defendant’s employer, located at Alako area, Ido, Ibadan. “Sanbe was also charged for allegedly neglecting his duty post unlawfully when the ...

NANS: Nigerian government’s 2021 budget for education worst in 10 years

The President of the National Association of Nigerian Students (NANS), Com. Sunday Asefon, has frowned at the 2021 budgetary provision for education under President Muhammadu Buhari, describing it as the worst in the last ten years in the country. Disturbed by the neglect of the education sector, which was apportioned with a paltry of 5.6 percent in the 2021 budget and the high level of insecurity in the country, NANS has planned to organise a Security and Education Summit to partner stakeholders on how to arrest the drift in the two critical sectors Asefon said this in Ado-Ekiti, on Thursday, during a courtesy visit to the office of the Nigeria Union of Journalists, Correspondents’ Chapel, Ekiti chapter. He said: “I condemn totally, the federal government’s 2021 budgetary provision to edu...

Maritime workers to begin warning strike Monday

File Photo The Maritime Workers Union of Nigeria (MWUN) is to embark on a three-day warning strike from Dec. 7, to protest the deplorable state of access roads to seaports in Lagos State. In a communique it issued on Saturday in Lagos, MWUN said that the situation was no longer tolerable. The communique was signed by the President-General of the union, Mr Adewale Adeyanju, and the Secretary General, Mr Felix Akingboye. It was issued after MWUN’s National Executive Council (NEC) meeting in Lagos. According to the communique, the union had at various occasions drawn the attention of the relevant authorities to the bad roads. It said that the poor state of the access roads had made articulated vehicles to block them, putting other road users through pains of losing man-hours and facing risks ...

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