Urgency
AfDB provides $400,000 grant for SEC
African Development Bank Group (AfDB) on Friday signed a $400,000 grant agreement with the Securities and Exchange Commission (SEC) to strengthen securities market regulation and broaden market instruments. The funds, according to a statement from AfDB, will go towards strengthening the risk-based supervision framework, regulation of derivatives and green bonds, and build capacity for green finance. The grant will be sourced from the Capital Markets Development Trust Fund, a multi-donor fund administered by the Bank. “This collaboration further underscores our mutual goal to grow our markets and create viable avenues for sustainable economic development for Nigeria and the region,” said Lamido Yuguda, Director General of the Securities and Exchange Commission at the virtual signing ceremon...
Anambra Assembly expresses worry over spike in criminal activities
The Anambra House of Assembly has expressed worry over the increasing rate of crimes in the state and called for urgent measures to address the menace. Mr Noble Igwe, representing Ogbaru 1 Constituency, while speaking on a matter of urgent public importance, on Tuesday, lamented that the rate of crime had triggered fear among the residents. Igwe said there were recent reports of residents who had been victims of a wide range of violent crimes, including armed robbery, assault, burglary, carjacking, kidnapping and extortion. “Aware that security of lives and property is the primary function of the state government as enshrined in the constitution, there is the need to intensify efforts at taming the resurgence of crimes in some parts of the state, especially on theOnitsha-Owerri Road where ...
Zamfara schoolgirls kidnap: President Buhari has failed Nigeria – Wole Soyinka
Nobel laureate, Prof. Wole Soyinka on Saturday said the government of President Muhammadu Buhari has failed Nigeria after terrorists abducted hundreds of school girls in Zamfara State. Soyinka spoke in Abeokuta, Ogun State, at the Association of Nigerian Authors (ANA), Ogun award lecture and public presentation of ‘Chronicles of the happiest people on earth,’ the latest book authored by him. According to Soyinka, it is important for all to know that these were abnormal times, but that it seemed to him as times of shirking of responsibilities in key areas. “We cannot permit ourselves to accept the child hostage taking as a way of life, we just can not continue in this fashion, some thing drastic and meaningful has to take place and it has to be collective,” he said. Soyinka emphasised that ...
NUT demands declaration of emergency on security
Nigeria Union of Teachers The Nigeria Union of Teachers, NUT, has frowned at the abduction of students and teachers of Government Science Secondary School, Kagara, in Niger State by bandits. To this end, the union tasked the federal government to adopt different approach in tackling insecurity as according to it, the current strategy being deployed by security agencies was not yielding any meaningful fruit. This was as it demanded a declaration of total state of emergency on security situation in the country by the government. The NUT, reacting to the development in a statement tagged:” Terrorist Attack on Schools and Abduction of Students/Teachers One Incident Too Many”, signed by its General Secretary, Dr Mike Ike Ene, regretted the reported incident. “We call on the Federal Government t...
Yul Edochie: Nnamdi Kanu is grossly misunderstood
Nollywood Actor, Yul Edochie, Friday celebrated the leader of the Indigenous People of Biafra, Mazi Nnamdi Kanu. In a short write-up via his verified Instgram handle, the 39 year old Nigerian actor, said that Kanu was grossly misunderstood. He described Kanu as a hero, noting that Kanu is fighting for the emancipation of Africans. His words: “Today is not his birthday but I choose to celebrate this great man today. Mazi Nnamdi Kanu. A Hero who is grossly misunderstood. But all he truly wants is for Africans to wake up and take serious decisions that will bring lasting peace in Africa. Live long great man. May Chukwu Okike Abiama be with you always.” https://www.instagram.com/p/CKnyd4XHg0s/ Meanwhile, the IPOB leader has called upon the South-east governors to ban open grazing in the region...
Joan Laporta: PSG have been disrespectful in Leo Messi pursuit
Paris Saint-Germain have been “disrespectful” in their pursuit of Lionel Messi, according to Barcelona presidential candidate Joan Laporta, who has threatened to report the Ligue 1 champions to FIFA. PSG have been strongly linked with Messi ever since his decision to hand in a transfer request at Camp Nou at the end of the 2019-20 campaign. The 33-year-old ultimately decided to see out the final year of his current contract with Barca after opposition from club officials and La Liga, but his long-term future remains up in the air. Parc des Princes has been mooted as the most likely next destination for Messi, and PSG sporting director Leonardo publicly sounded out the six-time Ballon d’Or winner earlier this month. “Great players like Messi will always be on PSG’s list,” said the Brazilian...
Ohanaeze election: Uche Okwukwu, Richard Ozobu risk contempt of court – Ikedi Ohakim
File Photo For asking the court to stop the Ohanaeze general election, former Governor of Imo State, Chief Ikedi Ohakim, has warned that Mr. Uche Okwukwu and Prince Richard Ozobu, risk being dragged to court for alleged contempt. In a court process filed before an Umuahia High Court, on Wednesday, Okwukwu, an embattled secretary-general of Ohanaeze is seeking an order of court stopping the election committee raised by the Ime-Obi led by Ohanaeze President-General, Chief John Nnia Nwodo from conducting the election. He wants the court to allow his election committee chaired by Prince Ozobu to conduct the election. Looking at the issue, Chief Ohakim, in a press statement, hinged his warning on “an online publication made by Uche Okwukwu, the suspended Secretary General of Ohanaeze”. His word...
Coronavirus: Nigeria now at tipping point – PTF
The Federal Government, yesterday, took stock of its response to the COVID-19 pandemic vis-a-vis the attitude of Nigerians to embracing safety precautions, and concluded that the country was now at a tipping point. This came as government announced its decision to establish oxygen plants in all states of the federation as part of measures to resolve the “oxygen crisis” that had engulfed some of the isolation and treatment centres in the country. Meanwhile, Edo State has recorded 28 new cases of coronavirus, bringing the total number of confirmed cases in the state to 270, as the state government cautions residents to abide by the precautionary health and safety guidelines. Vanguard, meanwhile, gathered that former vice-chancellor of the University of Lagos, Prof. Oyewusi Ibidapo-Obe and th...
Group dismisses Nigerian Army chief’s coup alarm as diversionary
A Coalition of elders under the auspices of Nigeria Elders for Peace and Good Governance (CONEPAGG), has accused the Chief of Army Staff, Lieutenant General Tukur Buratai, of raising false alarm about “imaginary” coup to divert the attention of Nigerians from the failings of the Service Chiefs. Buratai had while decorating the 39 newly promoted Major Generals, said he was aware that some Generals were being approached by politicians, warning that his eyes are on them. He vowed that the Nigerian Army will never tolerate any agent of destabilization bent on scuttling the current democratic dispensation. “Democracy has come to stay. We will not tolerate any agent of destabilization. The years of military misadventure in politics have never carried us anywhere. It is over,” Buratai had stresse...
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