File Photo The aspirant, Godwin Maduka, a professor and founder of Las Vegas Pain Institute and Medical Center, U.S., said this when he spoke with reporters in Abuja on Tuesday, after a stakeholders meeting. He said it was unimaginable for any of the 16 aspirants to step down before the Saturday’s primaries. “Some of the aspirants will come to you and say let’s talk. They will say, you don’t need to be in politics. What are you looking for? “I will tell them, are you going to take the governorship title and allow me to work? I will allow you to do that. “Let me work on my ten point agenda-education, ICT, Agriculture, Women and Youth empowerment, solar energy, transportation and all that. I don’t think consensus is possible,” he said. Maduka said he was prepared for the party’s primary elec...
The National Agency for Food and Drug Administration and Control (NAFDAC) has stressed the need for all stakeholders to work together towards eradicating the menace of drug abuse in the country. Prof. Moji Adeyeye, NAFDAC Director General, made the call on Tuesday in Abuja, at the 3rd National Youth conference on drug abuse, organised by Centre for Ethical Rebirth among Nigerian Youth (CERANY), an . Represented by the agency’s Director, Narcotics and Controlled Substances, Mr Musa Umar, she said all hands must be on deck to find solutions to the problem of drug abuse, adding that all should be determined to eradicate the scourge. According to her, the problem of drug abuse concerns everybody, saying cooperations must be strengthened to decisively deal with the problem. “Of all the crises f...
The chairperson of Eti Osa local government, Rafiu Olatunji, has died on Monday night at his Sangotedo residence. He died from a long-term illness. Mr Olatunji is a member of the All Progressives Congress (APC) in Lagos. He is the current chairperson of Eti-Osa LCDA and also won the APC primary to run for the forthcoming July 24 election. Confirming his death to newsmen, Oluseye Oladejo, the spokesperson of APC said the party received the news of his demise with shock. “The Lagos State APC commiserates with the entire leadership and membership of our party on the shocking and untimely passage of the chairman of Eti-Osa East LCDA, Rafiu Olufunmi Olatunji. “He was a committed party man who was totally committed to the development of his Local Council Development Area. “Our heart goes to his ...
The Management of Rivers State College of Health Science and Management Technology Port Harcourt has directed all the students of the institution to vacate the college premises until further notice. According to the management, the students have until 4pm on Saturday to comply with the directive. The order follows the refusal of the students who have been protesting over lack of basic amenities in the college, to open the gate of the institution since they started their protest on Tuesday. Nnesmen gathered that the students have also threatened to continue their protest on Monday. The Provost of the College, Professor Franklin Nlerum who confirmed the development said directive is to forestall the breakdown of law and order in the case of any further protest. According to him” the students...
Dangote Cement Plc has announced the successful issuance of N50 billion series 1 fixed rate senior unsecured bonds, under its new N300 billion multi-instrument issuance programme. In a statement on Tuesday, the cement producer said the bonds were issued on May 26, 2021 at coupon rates of 11.25 percent, 12.50 percent and 13.50 percent for the three, five and seven-year tranches respectively. The bonds will be listed on the Nigerian Exchange Limited and FMDQ Securities Exchange. Dangote Cement said that the proceeds of the bond issuance will be deployed for the company’s expansion projects, short-term debt refinancing and working capital requirements. “Aside from this first issuance of a traditional bond under the new Multi-Instruments Programme, Dangote Cement has registered a programme ena...
Naira for the second day in a row fell against the U.S. dollar at the official market Wednesday, but managed a rebound at the parallel market, a day after hitting its lowest black-market rate in at least four years. Data on the FMDQ Security Exchange where forex is officially traded showed that the naira closed at N412.00 per $1 at the Nafex window. The local currency performance on Wednesday represents a N0.25 or 0.06 per cent decrease from N411.75 the rate it traded in the previous session on Tuesday. The trading session on Wednesday witnessed a forex turnover of $131.86 million, this translates to a 23.44 per cent depreciation from $172.24 million posted in the previous session on Tuesday. The domestic currency experienced an intraday low of N420.97 and a high of N400.00 before closing ...
TechCentral MTN Nigeria said on Wednesday it notified some enterprise customers about a potential service disruption to enable them put in place business continuity measures. The local unit of South Africa’s telcoms firm MTN runs Nigeria’s largest mobile phone network which generates around a third of the company’s revenue. The action was “a routine notification to a small group of businesses affected by a specific challenge in very few specific locations,” MTN said. “Maintaining network stability and high levels of customer service remains a key priority for us,” Karl Toriola, MTN Nigeria’s chief executive, said in a statement. Toriola said MTN aimed to inform customers in a timely manner so that they can put in place business continuity measures. Potential disruptions could be due to net...
The Consumer Price Index (CPI) which measures inflation dropped to 17.93 per cent (year-on-year) in May compared to 18.12 per cent in the preceding month, according to the National Bureau of Statistics (NBS). The 0.19 per cent decline in the headline index, makes it the second consecutive month that the rate had sustained its downward trajectory after 18 months of inflationary pressures on the economy. According to the CPI figures for May which was released by the statistical agency Tuesday, food inflation dropped to 22.28 per cent from 22.72 per cent in April. Price moderation was recorded in bread, cereals, milk, cheese, eggs, fish, soft drinks, coffee, tea and cocoa, fruits, meat, oils and fats and vegetables. On month-on-month basis, the food sub-index declined to 1.05 per cent in May ...