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Home2016March

Month: March 2016

No Picture
Politics

N3.1b probe: Confusion in Jonathan’s camp ……. NATION

March 17, 2016 Omoniyi Osadare 0

There is confusion in ex-President Goodluck Jonathan’s camp on how to refund the N3.1 billion allegedly shared by six Peoples Democratic Party (PDP) chiefs. The Economic and Financial Crimes Commission (EFCC) is battling to recover […]

No Picture
Economy

FG targets 4,000MW from nuclear energy March 17, 2016 ……. PUNCH

March 17, 2016 Omoniyi Osadare 0

The Federal Government is working towards generating 4,000 megawatts of electricity from nuclear energy. The plan is to start a programme in the coming years that will give the country 1,000MW in the first instance, […]

No Picture
Politics

N’Assembly committee detects fresh errors in 2016 budget ……. PUNCH

March 17, 2016 Omoniyi Osadare 1

The Senate and House Joint Committee on Appropriation has detected fresh errors in the 2016 budget, investigations by The PUNCH have revealed. It was gathered that the errors were responsible for the failure of the […]

No Picture
Economy

NNPC faults Auditor-General, says it’s owing N326bn, not N3.24trn …….. VANGUARD

March 17, 2016 Omoniyi Osadare 0

The Nigerian National Petroleum Corporation, NNPC, yesterday, described as erroneous claims by the Auditor-General of the Federation (AuGF) that it failed to remit N3.235 trillion to the Federation Account for the period ended December 31, […]

No Picture
Economy

Buhari’s battle to clean up Nigeria’s oil industry …… BBC

March 17, 2016 Omoniyi Osadare 0

The revelation by Nigeria’s auditor general that $16bn (£11bn) of oil revenue went missing in 2014 has emphasised the scale of the task facing President Muhammadu Buhari in his efforts to clean up the oil […]

No Picture
Society

UN report: Denmark is happiest nation in the world ……. Al Jazeera

March 17, 2016 Omoniyi Osadare 0

Denmark is the happiest country in the world with Burundi sitting bottom of the 157-nation UN-sanctioned World Happiness Report 2016. The Scandinavian nation, with a population of 5.6 million, has topped the list twice before […]

No Picture
Economy

Uganda President Fears Trump Win Could Curb Exports: State Media ……… Bloomberg

March 17, 2016 Omoniyi Osadare 0

Uganda’s leader expressed concern that Donald Trump could limit African imports if he’s elected U.S. president, potentially harming the continent’s economies, New Vision reported. “The U.S. could limit our exports there, especially under Mr. Trump, […]

No Picture
Economy

Nigeria and Equatorial Guinea sign maritime security agreement …… Reuters

March 17, 2016 Omoniyi Osadare 0

Nigeria and Equatorial Guinea signed an agreement to establish combined patrols to bolster security in the Gulf of Guinea, which has been plagued by piracy in the last few years, a spokesman for Nigeria’s president […]

No Picture
Politics

Trump warns of riots, pulls plug on Republican presidential debate ……. Reuters

March 17, 2016 Omoniyi Osadare 0

Republican front-runner Donald Trump warned on Wednesday of riots if he is denied the party’s presidential nomination and pulled the plug on a scheduled debate among candidates, raising the temperature even more in a heated […]

No Picture
Issues/Policy

Controversial Preaching Bill: El-Rufa’i meets CAN | Vanguard

March 16, 2016 Omoniyi Osadare 0

Amidst growing outrage over plans to regulate religious preaching, Gov. Nasiru El-Rufa’i of Kaduna State on Wednesday met with officials of the state branch of Christian Association of Nigeria (CAN) to seek their support. The […]

No Picture
Issues/Policy

Amosun wades into Alake, Awujale royal feud | TheNation

March 16, 2016 Omoniyi Osadare 0

Governor Ibikunle Amosun may have waded into the festering disagreement between the Alake of Egbaland, Oba Adedotun Gbadebo, and the Awujale of Ijebuland, Oba Sikiru Adetona.

No Picture
Issues/Policy

ATM users may pay annual maintenance fee of N600, increase of 500% | Leadership

March 16, 2016 Omoniyi Osadare 0

Bank customers may have to pay up to N600 per annum for debit and credit card maintenance fee as against the current N100 that they are charged annually by banks, according to the draft of […]

No Picture
Economy

PremiumTimes EXCLUSIVE: Inside National Assembly’s N115 billion budget for 2016; House of Reps gets biggest share

March 16, 2016 Omoniyi Osadare 0

  The House of Representatives is to receive the highest allocation in National Assembly’s N115 billion budget for 2016, details of the proposal exclusively obtained by PREMIUM TIMES ahead of an official release, shows. The […]

No Picture
Issues/Policy

Amaechi/Wike: Battle for Ikwere heartland By Emmanuel Aziken

March 16, 2016 Omoniyi Osadare 0

Nowhere represents the charged political atmosphere in Rivers State today more than the Rivers East Senatorial District.

No Picture
Issues/Policy

Breaking News: Alleged ‎N3.9bn fraud: Badeh loses bid to stop trial By Ikechukwu Nnochiri

March 16, 2016 Omoniyi Osadare 0

ABUJA—-The Federal High Court sitting in Abuj‎a has refused an application by the former Chief of Defence Staff, Air Marshal Alex Badeh (retd),‎ seeking to stop further hearing on the 10-count criminal charge the Economic […]

No Picture
Economy

Economic Crisis: 14 things Nigerian governors fail to do to cut waste | PremiumTimes

March 16, 2016 Omoniyi Osadare 0

The current decline in global crude oil prices is a wake-up call for Nigerian states to rise to the realities of looking inwards to survive through the difficult times. Most states of the federation apparently […]

No Picture
Issues/Policy

How NNPC dubiously paid N36.4 billion water projects money to ex-NSA Dasuki’s office – Audit Report

March 16, 2016 Omoniyi Osadare 0

The Nigerian National Petroleum Corporation in 2014 diverted N36.4 billion meant for the construction and rehabilitation of dams in Nigeria, and dubiously paid same to the Office of the National Security Adviser, a government audit […]

No Picture
Sport

NFF’ll demand N10m from Oliseh – Green

March 16, 2016 Omoniyi Osadare 1

THE Nigeria Football Federation is dusting its legal pads and reviewing the controversies following the sudden resignation of former Super Eagles coach, Sunday Oliseh with a view to making claims, where necessary.

No Picture
CRIME

N3.3trn scam: Senate vows to probe Auditor-General’s report By Joseph Erunke

March 16, 2016 Omoniyi Osadare 0

ABUJA —THE Senate,yesterday, said it would carry out thorough investigation into the audit report presented to the Clerk of the National Assembly, Monday, by the Auditor-General of the Federation,Mr Samuel Ukura. The report had said […]

No Picture
Economy

Inflation rate hits double digit, worst in 3yrs | Vanguard

March 16, 2016 Omoniyi Osadare 0

By Emeka Anaeto, Babajide Komolafe, Abdulsalam Muhammad, Luka Binniyat, Anayo Okoli & Francis Igata LAGOS — Inflationary pressure in Nigeria’s economy has hit a double digit, upstaging major monetary policies of the Central Bank of […]

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