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Home2017February

Month: February 2017

Economy

Governors Slam Nigeria’s Forex Policy As Naira Falls; Demand Urgent Review

February 17, 2017 Omoniyi Osadare 0

Worried by the continued widening gap between the inter-bank foreign exchange and parallel market rates, the National Economic Council, NEC, on Thursday demanded the immediate review of the current foreign exchange policy by the Central […]

Government

FG Owes Retirees N143bn, Says PenCom

February 17, 2017 Omoniyi Osadare 0

The National Pension Commission on Thursday said that the Federal Government owed a total of N142.6bn in pension liabilities to retired workers from 2014 to 2016. The Director-General, PenCom, Mrs. Chinelo Anohu-Amazu, disclosed this in […]

Economy

Nigeria’s Troubled Economy: What Osinbajo, Governors Discussed At NEC Meeting

February 17, 2017 Omoniyi Osadare 0

NEC is composed of all the 36 state governors, the minister of the Federal Capital Territory and the governor of the Central Bank of Nigeria. Thursday’s meeting, the first this year, was presided over by […]

Government

Buhari Thanks Nigerians, Says I’m Grateful

February 16, 2017 Omoniyi Osadare 0

President Muhammadu Buhari has thanked all Nigerians, “Christians and Muslims alike”, for their constant prayers and kind wishes for his health. The President made his feelings known on his Twitter handle, @MBuhari, on Wednesday night, […]

Economy

Inflation: Misery, As Prices of Foodstuffs Hit The Roof | Vanguard

February 16, 2017 Omoniyi Osadare 0

LAGOS—Prices of bread, meat, fish, oil, yam and other essential commodities, last month, became increasingly unaffordable for Nigerians, as the inflation rate rose for the 15th consecutive month to 18.72 per cent. Driven principally by […]

Politics

PDP asks Fayose, Wike to visit Buhari in London

February 16, 2017 Omoniyi Osadare 0

The youth group of Peoples Democratic Party PDP called the PDP Youth Frontier has demanded that Governor Nyesom Wike and Ayodele Fayose should visit President Muhammad Buhari in London. The group on it twitter handle […]

Government

Saraki, Dogara Visit Buhari in UK

February 16, 2017 Omoniyi Osadare 0

President Muhammadu Buhari, on Wednesday night, thanked the leadership of the National Assembly for visiting him at the Abuja House, London. The Senate President, Bukola Saraki; Speaker, House of Representatives, Yakubu Dogara; and some principal […]

Issues/Policy

Mai Kariyane: Muhammadu Buhari and the Failure of Integrity, By Majeed Dahiru

February 16, 2017 Omoniyi Osadare 0

The presidency has become more opaque than transparent, as promised. Half-truths, cover ups, decoys, deflation, buck passing, denials and outright lies have become the mode of operation of the Buhari presidency…a well-oiled propaganda machinery is […]

Government

Kano, Oyo, Abuja Residents Paid Highest For Cooking Gas in January

February 16, 2017 Omoniyi Osadare 0

Residents of Abuja, Kano and Oyo states paid the highest average price for the refilling of a 5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) in January, the National Bureau of Statistics, NBS, has said. […]

Government

What I Discussed With President Buhari — Donald Trump

February 16, 2017 Omoniyi Osadare 0

American President, Donald Trump, has provided details of his telephone conversation with his Nigerian counterpart, Muhammadu Buhari. Mr. Trump had on Monday spoken to Mr. Buhari, who is vacationing in London. It was the first […]

Issues/Policy

Alleged N108bn fraud: EFCC Seizes Akpabio’s Wife’s School

February 16, 2017 Omoniyi Osadare 0

A school allegedly belonging to Unoma Akpabio, the wife of the immediate past governor of Akwa Ibom State, Godswill Akpabio, has been seized by the Economic and Financial Crimes Commission. It was learnt that the […]

Issues/Policy

Woman Kills Own Baby | Punch

February 16, 2017 Omoniyi Osadare 0

A 40-year-old woman, Foluke Omolewa, has been arrested by policemen from the Ogun State Command for allegedly killing her day old baby. Omolewa was reported to have claimed she killed the baby because her husband […]

Issues/Policy

Rep Who Survived Kidnapping, Dies At 51 | Punch

February 16, 2017 Omoniyi Osadare 0

A member of the House of Representatives from Katsina State, Mr. Bello Sani, died on Wednesday. He Represented Mashi/Dutsi Federal Constituency of Katsina State. The lawmaker died at the age of 51 and left a […]

Issues/Policy

FG withholding Ekiti Allocations To Frustrate Projects – Fayose

February 16, 2017 Omoniyi Osadare 0

The Ekiti State Governor, Ayodele Fayose, has accused the Federal Government of directing the Federal Ministry of Finance to withhold the January Federal Allocation and the Budget Support Fund due to Ekiti State. The Federal […]

Aviation

AMCON Seeks Private Investors For Arik Air

February 16, 2017 Omoniyi Osadare 0

The Asset Management Corporation of Nigeria (AMCON) is shopping for investors for troubled carrier Arik Air. AMCON told the Senate Committee on Banking, Insurance and other Financial Institutions that Nigeria’s biggest airline would have stopped […]

Government

Govt Endorses National Health Policy | TheNation

February 16, 2017 Omoniyi Osadare 0

The Federal Executive Council (FEC) yesterday approved a new National Health Policy. Minister of Health Prof. Isaac Adewole, who stated this yesterday, also said the University don Ezibe Madueke, who recently came up with a […]

Entertainment

Alleged Fraud: Filmmaker Egbegbe to Remain In Prison | TheNation

February 16, 2017 Omoniyi Osadare 0

A filmmaker, Seun Egbegbe, is to remain in prison till Tuesday when the Federal High Court in Lagos will hear his bail application. The Police Special Fraud Unit last Friday arraigned Egbegbe (also known as […]

Issues/Policy

AGF Malami Queries Emefiele On Alleged Forex Fraud In CBN

February 16, 2017 Omoniyi Osadare 0

The Attorney General of the Federation and Minister of Justice, Mr. Abubakar Malami (SAN), has said there are corruption allegations in the Central Bank of Nigeria’s foreign exchange allocation and transactions. Malami added, on Wednesday, […]

Aviation

Arik Boss’ Firms Owe Us N263.7bn, Says AMCON

February 16, 2017 Omoniyi Osadare 0

The Asset Management Corporation of Nigeria on Wednesday said Arik Air and the other firms belonging to its principal promoter, Johnson Arumemi-Ikhide, was indebted to it to the tune of N263.7bn. This is apart from […]

Issues/Policy

Fayose At Finance Ministry, Demands Payment of N1.1bn Allocation | Punch

February 16, 2017 Omoniyi Osadare 0

The Governor of Ekiti State, Ayodele Fayose, on Wednesday visited the headquarters of the Federal Ministry of Finance and demanded the release of the state’s N1.1bn budget support facility for the month of January. Fayose […]

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