archiveDecember 18, 2019

receives report on FCT 2020 budget The Senate has called on the Nigerian Police authorities to carry out a thorough investigation into the killing of Professor Jerome Elusiyan of the Obafemi Awolowo University Teaching Hospital, Ile Ife, with a view to apprehending the assailants and bringing them to justice. The...

The National Industrial Court, Abuja on Wednesday dismissed ex- Borno governor, Mohammed Goni’s suit for payment of pension and other benefits, for lacking in merit. Goni, the claimant was the first civilian governor of the former Borno from Oct. 1979 to Oct. 1983. He instituted the suit against the State...

    President Muhammadu Buhari on Wednesday administered oaths of office on nine Federal Permanent Secretaries at the Presidential Villa, Abuja. News Agency of Nigeria (NAN) reports that the Permanent Secretaries were sworn-in in two batches of five and four before the commencement of the Federal Executive Council (FEC). The...

Shareholders in Ibadan Zone on Wednesday commended the Securities and Exchange Commission (SEC) for initiating policies which had helped to reduce the huge number of unclaimed dividends in the area. Mr Eric Akinduro, the Chairman, Ibadan Zone Shareholders Association, gave the commendation in an interview with the News Agency of...

  The Supreme Court, on Wednesday, upheld Seyi Makinde’s election as Governor of Oyo State. The appeal was filed by the governorship candidate of the All Progressives Congress (APC), Adebayo Adelabu. Adelabu lost to Makinde during the March 9, 2019 elections. Adelabu had approached the Supreme Court to challenge the...

  The board of the Federal Road Safety Commission (FRSC) says it has elevated 2,341 personnel to various new ranks. The Corps Marshal, Dr Boboye Oyeyemi disclosed this in a statement issued by the Corps Public Education Officer, Mr Bisi Kazeem, on Tuesday in Abuja. Oyeyemi said that the promoted...

The Federal Inland Revenue Service (FIRS) has served a seven-day notice to tax defaulters across the country. The Head, Communications and Servicom Department, Mr Wahab Gbadamosi, made this known in a statement in Abuja on Tuesday. Gbadamosi said the Acting Executive Chairman of FIRS, Mr Abiodun Aina, announced this in...

Analysts are worried that the rising headline inflation rate, which was put at 11.85 by November ending has eroded the real yields of local debt and could impact negatively on capital flow into the country. According to analysts at the United Capital Plc, the average yield on short-term securities in...

Gov: ‘Four additional rail projects, eight bus corridors to start’ The integrated mass transportation initiative of the Lagos State Government has recorded a huge progress with the successful completion of an elevated sea-crossing track of the Lagos Blue Line Rail Mass Transit project. Governor Babajide Sanwo-Olu, on Tuesday, led members...

  By Atiku Abubakar.   John Quincy Adams once said “there are two ways to conquer and enslave a nation. One is by the sword. The other is by debt.” He may have very well been referring to Nigeria of the last three years. Barely two weeks ago, I warned...