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09/05/2024

ONGBA YAGI YAGI

09/05/2024

FG TO COMPLETE ABUJA-KADUNA-KANO HIGHWAY 2025

The Federal Government has announced that the construction of the Abuja-Kaduna-Kano highway is scheduled to be finished by 2025.

The Minister of Works, David Umahi, said the government is making steady progress towards finishing the Abuja-Kaduna-Kano-Katsina highway project by the year 2025.

The Minister stated this while hosting Kaduna State Governor Uba Sani.

According to him, President Bola Tinubu has directed him to create a plan to finish the project by next year.

Umahi elaborated on the strategic plan being deployed to meet this ambitious deadline.

“We are going to have the first section of 38 kilometres by 2, (which is 76 kilometres,) done by Dangote Group of Companies on Tax Credit and it’s going to use concrete to do it.

“We will allow the next 82 kilometres for Julius Berger to handle. And then the last 20 kilometers by 2, (which is 40 kilometers) for BUA to handle and to also use concrete to do that. And I can assure you that the job will start in these three sections within this month.”

09/05/2024

OSUN AMOTEKUN ARRESTS TWO ARTISANS FOR THEFT

Two artisans, Toheeb Yekini,35, and Yekini Sulikaleni ,30, the latter reported to be an ex-convict, both hailing from Iwo, Osun State, have been arrested by Amotekun corps operatives for their alleged involvement in burglary and theft.

The arrest unfolded in the Oje Oniyan vicinity of Iwo, spurred by a community tip-off alerting the Amotekun personnel to a break-in at a local shop. Acting swiftly upon this information, the operatives managed to apprehend the suspects on-site.

In a statement released on Wednesday by Idowu Yusuf, spokesperson for the Osun Amotekun, it was confirmed that the suspects were intercepted shortly after breaking into the shop and absconding with its contents.

According to the statement, the suspects confessed to committing the crime and pleaded for mercy.

It added that the suspects, a welder and bricklayer have been handed over to the DSS for subsequent interrogation and prosecution.

09/05/2024

BREAKING: SIRIKA, DAUGHTER APPEAR IN COURT OVER N2.7BN NIGERIA AIR FRAUD

A former Minister of Aviation, Hadi Sirika, along with his daughter Fatima, have appeared at the Federal Capital Territory High Court for their arraignment by the EFCC regarding an alleged N2.7 billion fraud case.

The Economic and Financial Crimes Commission arraigned the immediate-past Sirika in connection with the botched Nigerian Air project.

He was arraigned on six counts alongside his daughter, Fatimah, and two others before Justice Sylvanus Oriji of the High Court in Abuja.

09/05/2024

OYO ASSEMBLY CALLS FOR COMPREHENSIVE AUDITING OF STAFFERS

Oyo State House of Assembly has urged the Executive arm to conduct comprehensive investigation into the abscondment of some staffers of the State government across Ministries and Agencies.

The house made the resolution following a motion presented by Hon. Babajide Adebayo at the floor of the house.

This, according to him, will save government fund and allow injection of new, young graduates into the civil service.

The motion co-sponsored by the speaker, Right Hon. Adebo Ogundoyin (Ibarapa East) and the leader of the house, Hon. Sanjo Adedoyin (Ogbomoso South) noted that some of the absconded staffers are still on the payroll across MDAs.

Some lawmakers in their contributions charged the executive arms to put measures in place to conduct comprehensive investigation in curbing the menace and saving public funds.

The plenary also read for the second time the Customary Courts Amendment Bill 2024.

09/05/2024

WARRI, PORT HARCOURT REFINERIES TO BE FULLY OPERATIONAL IN 2024, UBAH ASSURES

The Chairman, Senate Committee on Petroleum (Downstream), Ifeanyi Ubah, has assured that two refineries- Port Harcourt and Warri would be fully operational by the end of 2024.

Ubah said plans have already been put in place to achieve the target, stressing that the Kaduna Refinery would also be operational before the end of next year.

He said that the completion of the plants and the addition of supply from the 650,000 barrels per day, bp/d Dangote Refinery would enable the nation to meet its domestic fuel demand.

The senator also called on the federal government and other stakeholders to work toward the establishment of modular refineries to further expand the nation’s domestic capacity to refine crude oil.

08/05/2024

OBI SLAMS CYBERSECURITY LEVY, GOVERNMENT PRIORITIZING PROFITS OVER AILING ECONOMY

Peter Obi, former presidential candidate of the Labour Party (LP), has launched a scathing critique against the Federal Government's introduction of a 0.5 per cent cybersecurity levy.

This criticism follows the Nigeria Labour Congress (NLC) denouncing the levy as an additional burden on Nigerians.

The Central Bank of Nigeria (CBN) recently announced the levy on all electronic transactions, sparking widespread backlash. NLC President Joe Ajaero condemned the move, stating that such deductions directly impact workers' disposable income and further weaken citizens' purchasing power.

In his response, Obi took to his X account to express dismay, labeling the levy as another form of tax on the struggling populace. He argued that instead of nurturing economic recovery, the government seems more interested in exploiting the dying economy.

Obi particularly criticized the imposition of the cybersecurity levy on bank transactions, noting its adverse effects on businesses' trading capital. He emphasized that such policies impoverish citizens and hinder the country's economic competitiveness.

Expressing disbelief, Obi questioned the timing of introducing new taxes amidst rising inflation, advocating for tax reductions instead. He also questioned the role of the National Security Adviser's office in revenue collection.

Obi's remarks underscore the growing discontent over the government's fiscal policies and their impact on ordinary Nigerians.

08/05/2024

OBOREVWORI ANNOUNCES MILITARY WITHDRAWAL FROM OKUAMA COMMUNITY

Governor Sheriff Oborevwori of Delta State announced the Military Withdrawal from Okuama Community After Tragic Incident"

Governor Sheriff Oborevwori of Delta State made a significant announcement on Wednesday, declaring the complete withdrawal of military forces from Okuama community. Speaking at a press conference in Asaba, he emphasized that this move signals the readiness for displaced residents to return home.

The governor also highlighted the establishment of an Internally Displaced Persons (IDP) camp by his administration to aid in the seamless resettlement process for Okuama's displaced inhabitants.

Following the tragic loss of 17 Army personnel on March 14, 2024, in Okuama, which prompted the military's occupation of the area, many residents fled to nearby areas. The fallen soldiers, including the Commanding Officer of 181 Amphibious Battalion, were laid to rest at the Military Cemetery in Abuja.

With the governor's announcement, it's anticipated that the community can now begin the process of rebuilding and restoration.

08/05/2024

BREAKING: SIRIKA, DAUGHTER TO FACE EFCC IN N2.7BN FRAUD ARRAIGNMENT THURSDAY

Former Aviation Minister Sirika, Daughter, and Two Others to Face Trial Over Alleged N2.7bn Fraud, EFCC Arraignment Set for Thursday

The Economic and Financial Crimes Commission (EFCC) is gearing up to arraign former Minister of Aviation, Hadi Sirika, along with his daughter Fatimah and two other suspects in court this Thursday. They stand accused in connection with an alleged N2.7 billion contract fraud uncovered within the Aviation Ministry during Sirika's tenure.

This marks Sirika's first appearance in court since the allegations surfaced. The arraignment is scheduled to take place before Justice Sylvanus Oriji of the Federal High Court in Abuja. The defendants, including Sirika, Fatimah, Jalal Hamma, and Al-Duraq Investment Ltd, are facing charges related to alleged abuse of their positions for money laundering purposes, involving the substantial sum of N2.7 billion.

Details later…

08/05/2024

ALGON ACCUSES FUBARA OF WITHHOLDING LG FUNDS, BACKS IMPEACHMENT CALL

The Rivers State chapter of the Association of Local Government Areas of Nigeria has accused Governor Siminalayi Fubara of witholding its funds meant for the 23 LGAs in the state.

The state ALGON said the action had denied them of their functions in the administration of the third tier of government.

The LG chairmen said the action of the Governor is tantamount to proscribing local government councils in the state, even as they backed the call by the Caretaker Committee Chairman of the All Progressives Congress, Tony Okocha, for the State House of Assembly to commence impeachment procedings against the Governor.

The State ALGON Chairman and Chairman of Port Harcourt City Local Government Area, Allwell Ihunda, stated this at a news briefing in Port Harcourt on Wednesday.

08/05/2024

CBN DIRECTS BANKS TO HALT CHARGES ON DEPOSITS TILL SEPTEMBER

Two per cent was to be charged on deposits above N500,000 for individuals, while corporate account holders were to be charged two per cent on deposits above N3m.

According to the latest circular to financial institutions and non-financial institutions, CBN said the processing fees have been suspended.

The circular read, “Please refer to our letter dated December 11, 2023, referenced BSD/DIR/PUB/LAB/016/023 on the above subject, suspending processing charges imposed on cash deposits above N500,000 for Individuals and N3,000,000 for Corporates as contained in the ‘Guide to Charges by Banks, Other Financial Institutions and Non-Bank Financial Institutions’ issued on December 20, 2019,” CBN said.

The Central Bank of Nigeria hereby extends the suspension of the processing fees of 2% and 3% previously charged on all cash deposits above these thresholds until September 30, 2024.
The apex bank directed financial institutions to continue to accept all cash deposits from the public without any charges till the end of the third quarter.

08/05/2024

TINUBU RETURNS TO ABUJA FROM FOREIGN TRIPS

President Bola Tinubu has returned to the country on Wednesday morning from his trips to the Netherlands, and Saudi Arabia.

Tinubu landed in Abuja and was welcomed to the A*o Rock Villa by some of the officials of his administration.

Recall that there have been national discussions on the whereabouts of the President in the last few days.

However, the presidency reacted on Tuesday that Tinubu will return to Nigeria on Wednesday from his trip to Europe.

Tinubu left Abuja on April 22 for the Kingdom of The Netherlands on an official visit.

08/05/2024

PETROL: NNPC ASSURES OF 30-DAYS SUFFICIENCY AS SUPPLY IMPROVES

Amidst semblance of improvements in the petrol supply situation, the NNPC Limited has assured consumers that it has enough petrol in stock to last for the next 30 days.

Specifically, the Corporation said it has not less than 1.5 billion liters in stock and hence, warned the public against panic buying.

A statement by the Chief Corporate Communications Officer, NNPC Limited, Mr Olufemi Soneye, assured motorists that nationwide supply of petrol will continue to improve in the coming days.

The company wishes to state that at the moment, it has over 1.5 billion litres stock of PMS, which is equivalent to over 30 days sufficiency.

The NNPC Ltd is also collaborating with relevant downstream agencies, such as the Nigerian Midstream & Downstream Petroleum Regulatory Authority (NMDPRA), labour unions in the sector and security operatives to address hoarding and other unwholesome practices.

07/05/2024

BREAKING: DSS ARRESTS EX-OYO PMS CHAIR AUXILLIARY

The Department of State Services (DSS) has arrested former Oyo Park Management System chairman, Alhaji Mukaila Lamidi popularly known as Auxiliary.

Auxilliary was arrested around 4.00 pm on Tuesday in his House at Olodo in Ibadan and was driven along Ogungnade road, linked to Ibadan/Expressway.

The development comes nearly a year after Auxiliary was declared wanted by the police over cases bordering on attempted murder, arms dealing, murder, armed robbery, and kidnapping at the Oke-ogun and Ibarapa axis of the state.

07/05/2024

APC DIRECTS RIVERS ASSEMBLY TO IMPEACH GOV FUBARA

The opposition All Progressives Congress (APC) in Rivers State has directed the State House of Assembly, led by Rt. Hon. Martin Amaewhule, to, with immediate effect, commence impeachment proceedings against the state governor, Sir Siminilayi Fubara.

APC Caretaker Committee (CTC) chairman in the State, Chief Tony Okocha, gave the directive at a press briefing in Port Harcourt, the state capital on Tuesday.

The majority 27 members of the State Assembly are loyalists of the immediate-past governor of the state and current FCT Minister, Nyesom Wike.

Okocha stated that where the Assembly fails to commence the impeachment process, the party will invoke the relevant sections of its constitution to discipline them as APC members.

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