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Nigerian government urged to dialogue with Sunday Igboho

A former Minister of Aviation, Chief Femi Fani-Kayode, has advised the Federal Government to dialogue with the Yoruba activist, Chief Sunday Igboho, instead of plotting to arrest or harm him, a situation, he said, portends danger to national stability. Fani-Kayode, in a post on his social media pages on Friday, which he also sent to newsmen, said arresting, detaining or killing Igboho will be the “biggest mistake” that the Federal Government can make. He added that the activist has not broken any law of the nation and that he represents the thoughts and aspirations of over 70 million Yoruba people as he is seen as a hero by the same people. “I will say this just once. The biggest threat to the peace and stability of Nigeria today is the plan by some hardliners in the Federal Government to ...

OPEC: Gas is vital to Nigeria’s future

The Organisation of Petroleum Exporting Countries (OPEC) says gas remains vital to Nigeria’s future in the global oil and gas sector. The OPEC Secretary General, Mohammad Barkindo, disclosed this on Monday in Abuja, at the pre-summit conference on “Decade of Gas”. He said that the move of the country to develop its huge gas deposit was a step in the right direction. “Gas is vital to Nigeria’s future, as is oil, and both will be fuels of choice globally for the foreseeable future and instrumental in facilitating the energy transition,” he said. The secretary-general said that the ‘Decade of Gas’ from 2021 to 2030 was likely to place Nigeria at the forefront of the vital global industry. Barkindo commended President Muhammadu Buhari’s effort as Head of Nigeria’s Delegation to OPEC, in the or...

Senator Tinubu inaugurates Kano’s anti-graft commission office

The All Progressives Congress (APC) National Leader, Bola Tinubu, has lauded Governor Abdullahi Ganduje of Kano State for strengthening anti-corruption institutions. Tinubu gave the commendation on Sunday in Kano while inaugurating the Office of Kano State Public Complaints and Anti-Corruption Commission. The APC leader praised Ganduje for “his efforts in fighting corruption”. “This is a welcome development indeed and we salute the governor for this encouraging effort. “In ensuring Nigeria becomes a member of a committed international community that frees us from the burden of corruption this and similar edifices could play an important role in that. “To a lot of us looking forward to a prosperous, corruption-free Nigeria and Africa today is dedicated to that objective,” he pointed out. In...

Sudan and rebel group sign agreement on separation of religion and state

The Sudanese government and a major rebel group from its southern Nuba Mountains on Sunday signed a document which paves the way for a final peace agreement by guaranteeing freedom of worship to all while separating religion and the state. The signing is viewed as a crucial step in efforts by the power-sharing government headed by General Abdel Fattah al-Burhan to reach accords with rebel groups across the country and end decades of conflicts that left millions displaced and hundreds of thousands dead. Last year Sudan signed a peace agreement with many groups, including from the Western region of Darfur. But a key faction of the Sudan People’s Liberation Movement-North (SPLM-N) led by Abdelaziz al-Hilu, did not join in last year’s agreement because it stuck to its demand that Sudan dispens...

EFCC warn POS operators over illegal cash transaction

The Economic and Financial Crimes Commission, EFCC, recently warned operators of Mobile Money and Banks Agents otherwise known as POS operators over illegal cash transactions. The Commission’s Zonal Head in Sokoto CDS Bawa Usman Kaltungo on Thursday March 25, 2021 gave the warning at a meeting with the Sokoto Chapter of Mobile Money and Banks Agents Association, (MMBA) Sokoto State Chapter in his office. EFCC boss express concern at the high rate of mobile money fraud in the country, and called on the association to join hands in the fight against money laundering and electronic transaction fraud. But while reacting to this, the South West coordinator of Moniepoint, Israel Eniolorunda frowned at this development noting that nefarious activities of many of these POS operators in the country...

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...

U.S. Senate confirms Wally Adeyemo as deputy treasury secretary

The U.S. Senate has confirmed Adewale Wally Adeyemo as Deputy Secretary of the Treasury, making him the first Nigerian-American to hold the powerful job. Adeyemo, 39, has struck a hardline tone on China, vowing to fight what he called Beijing’s “unfair economic practices” and hold China accountable to international rules. He is expected to play a key role in shaping U.S. economic policy on issues ranging from financial regulation to relief for everyday Americans and U.S. sanctions on foreign governments. A former senior adviser at asset manager BlackRock Inc and the child of Nigerian immigrants, Adeyemo served as a top national security and economic adviser to Democratic former President Barack Obama and held senior jobs at the Treasury. The Senate on Thursday confirmed Adeyemo on a voice ...

Nigerian government mulls TCN’s unbundling, partial concession to boost power supply

The federal government is considering the unbundling and partial concession of the Transmission Company of Nigeria (TCN) to boost its efficiency in the government’s bid to improve power supply. Director, Energy, Bureau of Public Enterprises (BPE), Mr. Yunana Malo, said during the March edition of “the Electricity Hub” conversation series on power that the National Council on Privatisation (NCP) had directed that a proper strategy should be mapped out for the unbundling of TCN. He stated that the government believed that all the players in the energy value chain should be able to align with the needs of the power sector seamlessly, adding that the right environment is being created for the transmission component to match generation and distribution. Malo said data was key to making decision...

AFCON: Aston Villa congratulate Bertrand Traore, Burkina Faso on qualification

Premier League side Aston Villa have congratulated Bertrand Traore and Burkina Faso after qualifying for the 2022 Africa Cup of Nations. Despite playing a 0-0 draw against Uganda on Wednesday evening at St. Mary’s Stadium-Kitende, Entebbe, Kamou Malo’s men booked a place in Cameroon with a game to spare. That will be the 13th time the West African country would reach the finals since their maiden appearance at Ghana 1978 – where they finished in eight position. The Villa Park giants have taken to social media to celebrate their winger and his country on their recent success. “Congratulations to Bertrand Traore and Burkina Faso, who qualified for the Africa Cup of Nations 2021 with a goalless draw against Uganda on Wednesday!” a tweet from the club read. Burkina Faso – who currently lead Gr...

Arsenal receive positive Martin Odegaard update after ankle injury scare

Arsenal have been left breathing a huge sigh of relief after it was confirmed that the injury suffered by Martin Odegaard while on international duty is not serious. Gunners fans were left concerned on Wednesday night after the in-form Real Madrid loanee appeared to painfully roll his ankle before being substituted at half-time of Norway’s 3-0 World Cup qualifying win against Gibraltar. The absence of Odegaard for any extended period of time would have come as a sizable blow to Arsenal, with the 22-year-old having grown in influence since moving to north London in January and played a critical role in Sunday’s comeback draw against London rivals West Ham, afterwards attracting effusive praise from manager Mikel Arteta. But not only does it seem that Odegaard is now unlikely to miss key upc...

Minister: Nigerian government to establish micro enterprises in 774 local council areas

Dr George Akume, the Minister of Special Duties and Inter Governmental Affairs, on Wednesday said that micro enterprises will be established in the 774 Local Government Areas (LGAs) of the country. The Minister disclosed this in Abuja at the Association of Local Governments of Nigeria (ALGON) General Assembly with the Theme: Strategic Positioning for the Future: A New Era. “As a ministry, we have proposed the establishment of Micro, Small and Medium enterprises in the 774 local governments in Nigeria based on economic corridors. “We believe that this will create jobs and ensure improvement in the well-being of the local populace,’’Akume said. The minister, who was represented by Mr Simon Tyungu, Deputy Director, Office of the Minister, said that the establishment of the micro enterprise wa...