Rules
LASIEC unveils guidelines for forthcoming council election
The Lagos State Independent Electoral Commission (LASIEC) has unveiled guidelines for the forthcoming local government election scheduled for July 24. LASIEC Chairman, Retired Justice Ayotunde Philips, in the guidelines issued on Saturday, said the commission had fixed N150, 000, N100, 000 and N75, 000 as nomination forms fees for the chairmanship, vice-chairmanship and councillorship candidates, respectively. “Political parties are required to obtain the following LASIEC Forms: LASIEC 001, LASIEC 002, and LASIEC 008 for their candidates as from May 4. This ends at 12 noon, May 5 at the commission’s headquarters, Sabo-Yaba, Lagos. “LASIEC form 001 must be completed and returned to the commission by the political parties not later than June 4,” Philips said. She said that each candidate was...
Minister: Nigerian government worried about rising unemployment rate
Minister of Interior, Ogbeni Rauf Aregbesola, has said the federal government is worried over the rising unemployment rate in the country. Speaking at the 2nd Shakeholders’ Meeting on Expatriate Quota Administration organized by the Citizenship and Business Department of the Ministry of Interior, the Minister said: “Anyone that is not worried about the unemployment rate in the country is not a patriot.” He lamented that the unemployment rate of 33 per cent released by the National Bureau of Statistics was indeed worrisome and a wake up call that something urgently needed to be done to keep Nigerians employed and drastically reduce the unemployment rate. The Minister, who called on all stakeholders at the meeting to ensure quality inputs were brought to the table that will lead to the produ...
Prince Charles pays tribute to ‘my dear papa’ Philip for devoted service
Britain’s Prince Charles paid a personal tribute on Saturday to his “dear papa” Prince Philip, saying the royal family missed him emormously and that the 99-year-old would have been amazed at the touching reaction across the world to his death. Philip, the husband of Britain’s Queen Elizabeth who had been at her side throughout her record-breaking 69-year reign, died at Windsor Castle on Friday. “As you can imagine, my family and I miss my father enormously,” Charles, the couple’s eldest son and heir to the throne, said outside his Highgrove House home in west England. “My dear papa was a very special person who I think above all else would have been amazed by the reaction and the touching things that have been said about him and from that point of view we are, my family, deeply grateful f...
Amaju Pinnick faults Ayiri Emami’s position on emergence of new Warri monarch
President of the Nigeria Football Federation (NFF), Mr. Amaju Pinnick, yesterday faulted the position of the Ologbotsere of Warri Kingdom, Chief Ayiri Emami, on the emergence of new Olu of Warri, who succeeded the late monarch, Ogiame Ikenwoli. Some kingmakers had a few days ago selected Prince Tsola Emiko as the Olu of Warri-designate, a development that did not go down well with the rival group led by Emami, who insisted that picking him was a breach of the rules. The announcement made by the Iyatsere of Warri Kingdom and acting Chairman of Olu’s Advisory Council, Chief Johnson Atserunleghe, at a traditional ceremony in Ode Itsekiri, had since divided the kingdom into factions. Pinnick insisted that the 1979 edict which purportedly states that whoever must be the king must either be full...
Easter: With God’s help, Nigeria will triumph over insecurity – NILDS chief
The director-general, National Institute for Legislative and Democratic Studies (NILDS), Prof. Abubakar O. Sulaiman, has felicitated Nigerians, particularly of the Christian faith as the world celebrates Easter. The DG urged Nigerians to emulate the virtues and teachings of Jesus Christ, as he assured them of God’s ability to see them through whatever challenges or difficulties they might be experiencing; emphasizing that the insecurity in Nigeria would soon be a thing of the past and Nigeria would surely be victorious. According to a statement by the media office of NILDS on Friday, Prof Sulaiman noted that the crucifixion and resurrection is a strong message to the people and charged them to remain hopeful for a better Nigeria. He further urged the citizenry to strictly observe the publi...
Daniel Sturridge on the verge of MLS move
Daniel Sturridge could be set to move to the MLS, according to the Daily Mirror. Sturridge has been without a club since being released from Trabzonspor back in March 2020. The striker had just received a four-month ban and a £150,000 fine after a breach of betting rules. It’s been a difficult few years for the Englishman, who was once one of the Premier League’s deadliest strikers. In his first season-and-a-half at Liverpool, he scored 31 league goals in just 43 appearances, finishing as runner up in the 2013/14 Golden Boot race behind strike partner Luis Suarez. However, he suffered numerous injury problems which severely limited his game time over the next few years. Suarez’s departure and the replacement of manager Brendan Rodgers with Jurgen Klopp also impacted his form, and he found ...
Minister tasks NSDC boss on ensuring self-sufficiency in sugar production
Otunba Adeniyi Adebayo, Minister of Industry, Trade and Investment, has tasked the newly appointed Executive Secretary of the National sugar Development Council (NSDC), Zach Adedeji to work towards the realisation of the Federal Government’s goal in ensuring self-sufficiency in sugar production. Speaking at the inauguration of Adedeji as the Chief Executive Officer of the NSDC at the weekend in Abuja, Adebayo said the Federal Government relied on him to work assiduously towards the realisation of the country’s self sufficiency in the sugar production. He noted that the appointment of Adedeji was based on his performance in his former positions, adding that the nation expected him to leave landmark achievements by the time he would be leaving office. “You are therefore expected to discharge...
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 ...
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...
Justice Onnoghen: Why I was sacked as CJN
The Leader Former Chief Justice of Nigeria, Walter Onnoghen, on Friday, stressed that Nigeria as a nation may not record any meaningful achievement in life until they are able to free the nation’s judiciary from the stronghold of politicians. Onnoghen who spoke publicly for the first time since his removal from office two years ago, attributed his sack to political manuevre. The former CJN, who was speaking at the unveiling of a book titled ‘Fundamental Rights (Enforcement Procedure) Rules, 2009, Practice, Procedure, Forms and Precedents’, by a legal luminary, Chief Ogwu James Onoja (SAN), attributed his sack to political intrigues. Onnoghen revealed that prior to his removal, he was accused by the executive of having met with former Vice President, Alhaji Atiku Abubakar in Dubai, United A...
Thai prosecutor indicts 18 over anti-government protests
A Thai prosecutor on Monday indicted 18 activists for their roles in anti-government rallies last year by a protest movement that has brought unprecedented challenges to the royal palace and military-dominated establishment. The youth-led movement sprang up last year calling for the resignation of Prime Minister Prayuth Chan-ocha, a former junta leader, and reform of the powerful Thai monarchy, breaking a longstanding taboo under the country’s lese majeste law. Those indicted included three prominent leaders charged with sedition and lese majeste during rallies in September, where tens of thousands escalated calls for monarchy reforms. The other 15 protesters face trial for sedition and breaching a ban on public assembly. “There is sufficient evidence that the accused have committed wrongd...
