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Home2016

Year: 2016

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Law

Court orders Tompolo’s arrest for alleged N34b fraud ……. NATION

January 15, 2016 Omoniyi Osadare 0

The Federal High Court in Lagos yesterday ordered the arrest of a former Niger Delta militant leader, Government Oweize Ekpemupolo (aka Tompolo). Justice Ibrahim Buba issued a bench warrant for his arrest after he failed […]

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Economy

Nigeria stocks hit 3-1/2-year low as funds sell on naira woes …… REUTERS

January 15, 2016 Omoniyi Osadare 0

LAGOS (Reuters) – Nigeria’s share index tumbled 3.4 percent on Thursday and hit its lowest point in almost 3-1/2 years, spooked by the weak outlook for the currency, traders said. The share index, which has […]

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Economy

Nigeria State Oil Company Holds First IPO by 2018: Minister …… BLOOMBERG

January 15, 2016 Omoniyi Osadare 0

 Nigeria plans to make its first initial public offering of assets owned by its national oil company in 2018, Petroleum Resources Minister of State Emmanuel kachikwu said. “It’s inevitable,” Kachikwu, who also heads the Nigerian […]

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Politics

Budget controversy deepens ……. PUNCH

January 15, 2016 Omoniyi Osadare 0

The Senate on Thursday accused the executive of smuggling copies of a doctored version of the 2016 Appropriation Bill into the upper chamber of the National Assembly. The Senate stated this while discussing the report […]

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Issues/Policy

FG may probe oil sector –Amaechi ……. PUNCH

January 15, 2016 Omoniyi Osadare 0

The Minister of Transportation, Mr. Rotimi Amaechi, has said the oil sector may the next to be probed by the Federal Government after the ongoing arms deal. Amaechi stated this on Thursday during a panel […]

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Entertainment

Alan Rickman: British Actor Dies Aged 69……..SKY NEWS

January 14, 2016 Omoniyi Osadare 0

British actor Alan Rickman, famous for roles in Harry Potter and Love Actually, has died at the age of 69, his family has said. The star won a BAFTA, Golden Globe, Emmy and Screen Actors […]

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Issues/Policy

Appeal Court’s conflicting judgments in election petitions | Vanguard

January 14, 2016 Omoniyi Osadare 0

IN every constitutional democracy, the judiciary is one of the major pillars that sustains its principles and tenets. It is an embodiment of equity,fairness,justice and rule of law. Without the judiciary which is regarded as […]

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Issues/Policy

‘Why shouldn’t I be corrupt if it makes my life easier?’ By Tabia Princewill

January 14, 2016 Omoniyi Osadare 0

I received an unfortunately high number of emails last week from readers attempting to excuse those involved in #DasukiGate. I was not just appalled but flummoxed: how does one reason, overlook or explain spending money […]

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Issues/Policy

Ashimolowo to Buhari: Looters deserve only 20% of your time | Vanguard

January 14, 2016 Omoniyi Osadare 0

Pastor Matthew Ashimolowo, Senior Pastor of Kingsway International Christian Centre, KICC, who gave the advice, said going by Parento’s Principle, the Federal Government should dedicate 20 per cent of its resources to going after perceived […]

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Issues/Policy

Securing missing Chibok girls is my responsibility – Buhari

January 14, 2016 Omoniyi Osadare 0

ABUJA – President Muhammadu Buhari, Thursday said that securing the release and safe return of the missing 219 Chibok girls was his responsibility. This came as he ordered National Security Adviser, NSA, General Babagana Munguno […]

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Politics

Dickson Receives Certificate of Return…. NAIJ NEWS

January 14, 2016 Omoniyi Osadare 0

Governor Seriake Dickson of the Peoples Democratic Party (PDP) on Thursday, January 14, received his Certificate of Return from the Independent National Electoral Commission (INEC) after winning the state governorship election, The Nation reports. The […]

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World

Three U.S. students killed in Honduras bus crash | CNN

January 14, 2016 Omoniyi Osadare 0

(CNN)Three students affiliated with New York’s Columbia University died in a bus accident in Honduras while volunteering with a medical program, according to Barnard College’s president, who released the students’ names. Barnard College junior Daniella […]

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Economy

Naira drops to 302/dollar, stocks near 3½-year low by Stanley Opara and ’Femi Asu

January 14, 2016 Omoniyi Osadare 0

The Naira extended its decline against the United States dollar on Wednesday, falling to 302 at the parallel market, down from 300 on Tuesday. The currency had sunk to a record low of 300 per […]

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Law

CJN and the burden of justice By Josef Omorotionmwan

January 14, 2016 Omoniyi Osadare 0

UNEASY lies the head that wears the crown. Lately, the Chief Justice of Nigeria, CJN, Justice Mahmud Mohammed, has cried out twice on the fate of the Nigerian Judiciary. At first, he expressed deep concern […]

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Politics

Fathers and sons Incorporated By Is’haq Modibbo Kawu

January 14, 2016 Omoniyi Osadare 0

ONE of the most significant issues of recent revelations of high wire corruption in Nigeria today, is the way that leading politicians have brought their children into the corruption loop. Top Nigerian politicians are appearing […]

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Issues/Policy

Oshodi: Between sentiment and development By Ololade Ajekigbe

January 14, 2016 Omoniyi Osadare 2

The demolition of Owonifari market in the popular Oshodi area of Lagos State on Wednesday, January 6, has understandably resulted in plenty of uproar among Lagos residents and observers alike. The market which has been […]

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Politics

Rule of Law as the Refuge of Scoundrels, By Ogaga Ifowodo

January 14, 2016 Omoniyi Osadare 0

Dasuki and Kanu should be released because the eyes of the world are on them. Even if they were inclined to jump bail, they might run far but would never be able to hide. Besides, […]

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Economy

The danger in Naira devaluation By Sule Magaji

January 14, 2016 Omoniyi Osadare 0

DEVALUATION means official lowering of the value of a country’s currency relative to other foreign currencies. Currency depreciation refers to falling exchange value of a currency for other foreign currencies as a result of the forces of demand and supply which […]

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Issues/Policy

This tale of two cities By Yakubu Mohammed

January 14, 2016 Omoniyi Osadare 0

THE news of the poverty and extreme deprivation coming from various parts of the country today is, to say the least, depressing. To put it mildly, the condition of the average Nigerian today is soul […]

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Security

The technical defeat of Boko Haram By Sunday Eze

January 14, 2016 Omoniyi Osadare 0

LIKE other belligerent groups before it, the end of Boko Haram insurgency is certain. Ni­gerians look forward with enthusiasm to its impending doom’s day. Between technical, marginal or complete defeat of the sect, the promise […]

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