Home » Threshold

Threshold

Appeal court affirms sentence of Gombe ex-commissioner

The Court of Appeal, Gombe Division, has affirmed the conviction of a former Commissioner for Culture and Tourism and Chairman of Shangon Local Government Area, Samuel Bulus Adamu. The ex-commissioner had on July 23,2020 been convicted and sentenced to 32 years imprisonment over a case of fraud, cheating and money laundering brought against him by Gombe Zonal Office of the Economic and Financial Crimes Commission, EFCC. The lower court had ruled that the EFCC proved its case beyond reasonable doubt and consequently convicted and sentenced Adamu to a cumulative 31 years imprisonment on the seven count charge preferred against him. Adamu, was convicted for awarding N97.64 million contract to a non-existing company, inflation of contract and payment of contractor above his threshold. But diss...

Minister charges para-athletics team to be worthy ambassadors

Minister of Youth and Sports Development, Sunday Dare, has charged Nigerian Para-Athletics team to Notwil, Switzerland, to be worthy ambassadors of the country as they seek to qualify for the 2020 Paralympics taking place in Tokyo, Japan later in the year. The minister gave the charge when he bade farewell to the team for the qualifiers through the Nnamdi Azikiwe International Airport, Abuja. He said: “Nigeria is solidly behind your bid for qualification for the Para-Athletics event in Notwil, Switzerland. There is no doubt about your abilities, which you have always proved over the years. You must be worthy ambassadors of our dear country by conducting yourselves well to attain the best standards for qualifiers. “Don’t be distracted; Nigerians are solidly behind you. You have always made ...

Energy firms’ bank debts rise to N5.94 trillion

The debts owed to Nigerian banks by oil and gas operators as well as power companies in the country rose to N5.94tn at the end of 2020 from N5.25tn in December 2019. The N5.94tn represents 29.16 per cent of the N20.37tn loans advanced to the private sector by the banks as of December, according to the sectoral analysis of banks’ credit by the Central Bank of Nigeria. Oil and gas firms, which received the biggest share of the credit from the banks, increased their debt by N600bn to N5.18tn in December 2020 from N4.58tn in December 2019. The debt owed by power firms to the banks rose to N763.22bn in December 2020 from N671.45bn in December 2019, the CBN data showed. Oil firms operating in the downstream, natural gas and crude oil refining subsectors owed N393tn as of December, up from N3.42t...

France: Coronavirus vaccine will be free for all

France will ensure free COVID-19 vaccinations for all who are in its social security system and has earmarked 1.5 billion euros of next year’s social security budget to cover the cost, Prime Minister Jean Castex said on Thursday. Castex said the vaccination campaign would begin in a matter of weeks, pending regulatory approval by the European Medicines Agency. The inoculation programme would be staggered over three categories of people, he said, commencing with the most vulnerable in nursing homes. “The vaccination will be free for all,” Castex told a press conference. France has ordered some 200 million doses from different pharmaceutical companies developing vaccines, Castex said, enough to inoculate 100 million people – more than France’s population. The COVID-19 vaccination will be vol...

Pro-Buhari group lauds Governor Umahi for dumping PDP

A pro-Buhari group, called The Zikist-Buharist-Movement (ZBM), has lauded Gov. Dave Umahi of Ebonyi for dumping PDP and strengthening the South-East-cum-North political alliance. The post Pro-Buhari group lauds Governor Umahi for dumping PDP appeared first on TODAY. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.

ASUU strike: Only one contentious issue left – ministry

The Federal Government has assured that its face-off with the Academic Staff Union of Universities would soon end as all but one of the issues have been resolved. The post ASUU strike: Only one contentious issue left – ministry appeared first on TODAY. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.

Europe to pay less than US for Pfizer COVID-19 vaccine

The European Union has struck a deal to initially pay less for Pfizer’s COVID-19 vaccine candidate than the United States, an EU official told Reuters News Agency as the bloc announced on Wednesday it had secured an agreement for up to 300 million doses. The experimental drug, developed in conjunction with Germany’s BioNTech, is the frontrunner in a global race to produce a vaccine, with interim data released on Monday showing it was more than 90 percent effective at protecting people from COVID-19 in a large-scale clinical trial. Under the EU deal, 27 European countries could buy 200 million doses, and have an option to buy another 100 million. The bloc will pay less than $19.50 per jab, a senior EU official involved in talks with vaccine makers told Reuters, adding that partly reflected ...