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NPA suspends export receipts at Lagos ports

The Nigerian Ports Authority (NPA) on Monday announced the suspension of export receipts at Lagos ports for two weeks. The NPA Spokesperson, Ibrahim Nasiru, said in a statement that the suspension was part of efforts to improve access to, and service delivery at Apapa and Tin Can Island Ports. “The authority hereby announces a 14-day suspension of export receipts at both ports and all satellite truck parks, with effect from March 22. “This development is necessitated by the need for consultations with export cargo stakeholders and the Nigerian Export Promotion Council (NEPC) on the harmonisation of procedures required of owners of this category of cargo. “Stakeholders should please note that this suspension does not affect export refrigerated cargo and trucks whose operators have secured c...

Femi Falana: EFCC can mandate bank MDs, executives to declare assets

The Economic and Financial Crimes Commission (EFCC) is charged with the responsibility of enforcing the provisions of all laws relating to economic and financial crimes, Africa’s leading human rights lawyer, Mr. Femi Falana (SAN) has said. Consequently, according to the senior advocate, the anti-graft commission is empowered to cause investigations to be conducted into the properties of any person as stipulated under Section 7 (1) (b) of the EFCC Act, 2004. Also yesterday, Transparency International (TI) argued that if the provisions of the Bank Employees, etc. (Declaration of Assets) Act, 1986 were effectively enforced, Nigeria could save between $15 billion and $18 billion illicit financial flows (IFFs) annually. Falana clarified the roles of the EFCC in a response to inquiries on whethe...

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...

NSF: 8,000 athletes, others to undergo coronavirus protocols – minister

Minister of Youth and Sports Development, Sunday Dare, says the 20th National Sports Festival in Edo will go ahead as planned from April 2 to April 14 under strict COVID-19 protocols. Dare also said that the reduced 8,000 athletes and officials for the Games would go through all the necessary COVID-19 protocols. The minister’s Special Adviser (Media), John Joshua-Akanji, quoted him as giving the assurance on Friday in Benin after a facility tour of the venue and meeting with Gov. Godwin Obaseki of Edo. Dare said the camp for the festival would open on April 2 while the official opening of the Games would be done by President Muhammadu Buhari on April 6. He said that said that the ministry was working with relevant health stakeholders to ensure that the COVID-19 safety protocols were observ...

Minister: National Sports Festival will go ahead in April

The 20th National Sports Festival billed for Edo State will go ahead as planned from April 2 to April 14, Minister of Sports Development and Youth, Sunday Dare, said. Dare also said the 8,000 athletes and officials participating in the Games would go through all the necessary COVID-19 protocols. Dare spoke in Benin after a facility tour of the venue and meeting with Gov. Godwin Obaseki of Edo. Dare said the camp for the festival would open on April 2 while the official opening of the Games would be done by President Muhammadu Buhari on April 6. He said that said that the ministry was working with relevant health stakeholders to ensure that the COVID-19 safety protocols were observed. “We are working closely with the PTF, NCDC and others to ensure that the necessary support we need in terms...

Police arrest 17 kidnap, robbery suspects in Sokoto

The Police Command in Sokoto State on Thursday said it arrested no fewer than 17 suspects over armed robbery, kidnapping and other criminal activities in the state. Mr Kamaldeen Okunlola, the state Commissioner of Police, disclosed this to newsmen in Sokoto. Okunlola said that the command on March 4, arrested one Jabbi Wanto, over criminal conspiracy and kidnapping of two persons in Tamba Garka village of Wurno Local Government Area of the state. “The people of the village reported that on March 4, at about 3 a.m unknown bandits in large number invaded their houses and kidnapped two persons to unknown destination. “The villagers mobilised themselves and followed the bandits where the victims were rescued and Wanto was arrested, who during investigation confessed to have conspired with one ...

IOM sensitizes 25,500 Nigerian migrants on irregular migration, trafficking

United Nations migration agency, the International Organization on Migration, IOM, said it has deployed Community Dialogue and Theatre in its quest to curb irregular migration, trafficking in persons and smuggling of migrants in Nigeria. The UN agency said it has through the process reached out to 25, 545 migrants on the dangers of irregular migration and the need for safe and orderly migration. IOM’s Chief of Mission, Mr Franz Celestin stated this yesterday in Abuja at the launch of a Community Dialogue and Community Theatre Manual on irregular migration, trafficking in persons and smuggling of migrants. Celestin who was represented by Cyprine Cheptepkeny, the Awareness Raising Officer of IOM Nigeria said the occasion marked a key milestone in contributing to the Federal Government effort...

Russia hopes for progress as U.S. joins Afghan peace talks in Moscow

Russia said it hoped international talks in Moscow on Thursday would breathe new life into the Afghan peace process, after a high-level U.S. official joined the Russian-hosted talks for the first time. The talks, which also include representatives of Pakistan and China, are designed to give a boost to negotiations between the Afghan government and the Taliban in Qatar’s capital Doha, stalled lately by government accusations that the insurgents have done too little to halt violence. “We regret that so far the efforts to launch a political process in Doha have yet to yield a positive result,” Foreign Minister Sergei Lavrov said in his opening remarks at the talks. “We hope today’s talks will facilitate the creation of conditions to achieve progress in intra-Afghan negotiations.” U.S. envoy Z...

NECA decries increase in Nigeria’s unemployment rate

Dr Timothy Olawale, Director-General, Nigeria Employers Consultative Association (NECA) has expressed concern of the association, at the growing unemployment rate, as released by the National Bureau of Statistics (NBS). Olawale told newsmen on Wednesday, in Lagos, that the recently released data by the NBS was worrisome. NAN also reports that a recently released Labour force report, published by the NBS shows that Nigeria’s unemployment rate as of the end of 2020, rose to 33.3 per cent from 27.1 per cent recorded as of Q2 2020. The report indicated that about 23,187,389 (23.2 million) Nigerians remained unemployed. “While the figure shows that the unemployment crisis is worsening at an alarming rate, it is also instructive to note that the socio-economic factors that increased the figure t...

Gani Adams: Pan-Yoruba Congress is work in progress

File Photo The Aare Ona Kakanfo of Yorubaland, Iba Gani Adams, on Wednesday, restated his beliefs in the unity and progress of the Yoruba nation, maintaining that with the success of the Pan Yoruba congress, there is no doubt that the unity of the Yoruba nation’s is a collective project and it is surely, a work in progress. Speaking at the Pan Yoruba Congress held at Mapo Hall, Ibadan, Oyo state, Iba Adams said the gathering is geared towards focusing the race’s energy and strengths in securing the Southwest against criminal race, and also strategise in bolstering southwest’s agric and economic prospects. The Yoruba generalissimo also added that Congress offered a bigger platform for all groups to meet minds and discuss the way forward for the Yoruba nation. His words: “Today’s event is a ...

Imo Assembly receives list of commissioner nominees

The Imo House of Assembly on Tuesday received a list of four nominees for ratification of their appointment as commissioners in the state Executive Council. The nomimees are Doris Uzoka, Bartholomew Okorochukwu, Boniface Nwogu and Uche Ohia. The Speaker, Paul Emeziem (APC-Onuimo), during plenary, read the names from a letter sent to the House by Governor Hope Uzodimma. The speaker referred the list of the nominees to a five-man ad-hoc committee, chaired by Obinna Okwara (APC-Nkwerre), for screening. He charged the committee to conclude the screening by Wednesday and report to the House. The House resolved to pass a vote of confidence on the governor for his “monumental achievements” in his one year in office. The motion was moved by Eddy Obinna (APC-Aboh Mbaise) who said the governor has p...