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Home2016February

Month: February 2016

No Picture
Politics

Our Senate President goes back to the dock By Niyi Akinnaso

February 16, 2016 Omoniyi Osadare 0

The Senate President, Dr. Bukola Saraki, is in the news once again for the wrong reason: He is going back to court to face criminal charges. It is, therefore, not surprising that his impending reappearance […]

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Politics

His Parsimonious Excellency ……. NATION

February 16, 2016 Omoniyi Osadare 0

Truth be told: if Nigeria were some ideologically-driven polity, Lagos and Cross River, at near extreme ends of Nigeria’s southern coast, would be proud beacons for the left and the right. Lagos, bastion of progressivism, […]

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Politics

Monetisation policy and jumbo salaries of legislators By Eric Teniola

February 16, 2016 Omoniyi Osadare 0

Apart from the issue of oil subsidy, no other subject has enraged and infuriated Nigerians more than the issue of the jumbo salaries and allowances of the members of the National Assembly. Yet, in spite […]

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Politics

Unintended consequences of Buhari’s lethargy By Aminu Imam

February 16, 2016 Omoniyi Osadare 0

After being sworn-in as Nigeria’s President on May 29, President Muhammadu Buhari inherited not only a deeply-divided country but one that faces a highly uncertain economic future. Oil, on which Nigeria’s economy depends for the […]

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Society

Why are we so corrupt as a people? By Bayo Olupohunda

February 16, 2016 Omoniyi Osadare 0

As mind-boggling revelations of corrupt practices continue to dominate newspaper headlines and more of our stolen resources are being unearthed, I have become indifferent to news about corruption. I have also resolved not to listen […]

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Economy

Debt: AMCON should get more serious ….. PUNCH

February 16, 2016 Omoniyi Osadare 0

MORE than five years after its establishment, the Asset Management Corporation of Nigeria appears to have lost its focus. While similar institutions elsewhere have fulfilled or are fulfilling their mandates, ours appears helpless to recover […]

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World

Hillary Clinton barks like a dog to slam Republicans …… CNN

February 16, 2016 Omoniyi Osadare 0

Hillary Clinton’s stump speech has gone to the dogs. Not really. But Clinton told a colorful story on Monday in Reno that ended with the former secretary of state barking like a dog. Clinton was […]

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Health

Iron tablets may damage DNA – Study ….. NEW TELEGRAPH

February 16, 2016 Omoniyi Osadare 0

Iron tablets, taken by millions of people could damage the body within just 10 minutes, a study has warned. This is the findings of a new study published in the peer-reviewed science journal PLOS One. […]

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Politics

CCT trial: Senate caucuses meet, discuss Saraki’s fate ……. PUNCH

February 16, 2016 Omoniyi Osadare 0

Members of the Senate met separately at various caucus levels on Monday to discuss the fate of Senate President Bukola Saraki, who is to resume his trial at the Code of Conduct Tribunal over alleged […]

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Economy

Buhari’s Budget Riddled With Errors Puts Graft War in Doubt ……. Bloomberg

February 16, 2016 Omoniyi Osadare 0

Nigerian President Muhammadu Buhari’s 2016 budget proposals are riddled with errors and provisions that may undermine his anti-graft war, civic groups say. In some instances, the same purchase of vehicles, computers and furniture are replicated […]

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Economy

Oil rises on chance of output cuts as producers to meet …… REUTERS

February 16, 2016 Omoniyi Osadare 0

Oil prices surged to their highest levels in more than a week as news of a meeting of top officials from the world’s biggest oil producers spurred speculation of an eventual deal to tackle a […]

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Economy

Federal Govt, NLC set for showdown over N5.14 trillion pension funds …… NATION

February 16, 2016 Omoniyi Osadare 0

“It should thus be avoided immediately before it gains ground within the corridors of power. It is a kite the congress and the generality of workers will not want to see fly in this circumstance. […]

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Economy

Naira falls to N345/$ in parallel market ….. VANGUARD

February 16, 2016 Omoniyi Osadare 0

The naira, yesterday, suffered its biggest daily depreciation against the  dollar  as it exchanged for N345 to a dollar in the parallel market. This represents N20 depreciation when compared with the closing exchange rate of N325 […]

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Issues/Policy

Budget Padding Scandal: Buhari sacks Director General, Budget Office | PremiumTimes

February 15, 2016 Omoniyi Osadare 0

President Muhammadu Buhari has approved the appointment of Tijjani Abdullahi as the new Director-General in charge of the Budget Office of the Federation. The President also approved the appointment of Ben Akabueze as the Special […]

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Health

Deadly yellow fever epidemic flares up in Angola…….ALJAZEERA

February 15, 2016 Omoniyi Osadare 0

A yellow fever outbreak in Angola has killed 51 people, in the first epidemic of the disease to hit the country in 30 years, official statistics showed on Monday. A total of 241 people were […]

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Economy

Five Countries Being Squeezed by Currency Pegs…….Maria Levitov

February 15, 2016 Omoniyi Osadare 0

Only on the streets of cities like Cairo, Abuja or Tashkent can you gauge just how much pressure developing countries are under to ease controls on their currencies. Individuals and businesses in five nations across […]

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CRIME

Eight years on, Kenya still failing women raped in election violence……GUARDIAN

February 15, 2016 Omoniyi Osadare 0

As an orphan, Adhiambo shuttled between the homes of relatives in one of Nairobi’s poorest neighbourhoods during school holidays. One of those trips, in December 2007, ended in violence. She was gang-raped by about 10 […]

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Politics

EU ready to impose more sanctions on Burundi…….REUTERS

February 15, 2016 Omoniyi Osadare 0

European Union foreign ministers said on Monday they were prepared to strengthen economic sanctions on Burundi following the failure of talks to end a political crisis in the Central African country in which more than […]

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Aviation

Zimbabwe impounds US-registered jet after body and cash found on board……GUARDIAN

February 15, 2016 Omoniyi Osadare 0

Zimbabwe aviation authorities have impounded a US-registered cargo jet after a dead body believed to be a stowaway and millions of South African rand were found on board. The Herald, a state-run newspaper, reported that […]

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Economy

Oil holds above $33 per barrel on hopes OPEC could act……REUTERS

February 15, 2016 Omoniyi Osadare 0

Oil prices were steady on Monday, holding on to last week’s gains on speculation that OPEC might agree to cut production to reduce a supply glut that has pushed prices to the lowest in over […]

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