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๐๐š๐ข๐ซ๐š ๐š๐›๐ฎ๐ฌ๐ž: ๐„๐…๐‚๐‚ ๐š๐ซ๐ซ๐ž๐ฌ๐ญ๐ฌ ๐ฐ๐จ๐ฆ๐š๐ง ๐Ÿ๐จ๐ซ ๐ฌ๐ฉ๐ซ๐š๐ฒ๐ข๐ง๐  ๐๐Ÿ๐ŸŽ๐ŸŽ๐ŸŽ ๐ง๐จ๐ญ๐ž๐ฌInvestigators of the Economic and Financial Crimes Commission, G...
22/05/2024

๐๐š๐ข๐ซ๐š ๐š๐›๐ฎ๐ฌ๐ž: ๐„๐…๐‚๐‚ ๐š๐ซ๐ซ๐ž๐ฌ๐ญ๐ฌ ๐ฐ๐จ๐ฆ๐š๐ง ๐Ÿ๐จ๐ซ ๐ฌ๐ฉ๐ซ๐š๐ฒ๐ข๐ง๐  ๐๐Ÿ๐ŸŽ๐ŸŽ๐ŸŽ ๐ง๐จ๐ญ๐ž๐ฌ

Investigators of the Economic and Financial Crimes Commission, Gombe State Zonal Command, have arrested a woman identified as Janty Emmanuel for allegedly abusing the Nigerian currency in the state

14/05/2024

Men of the Lagos state police command have arrested singer Portable. The singer was arrested today May 14 following a petition from a car dealer. Portable allegedly purchased a G-Wagon worth N27 million from the car dealer, made a down payment and took the vehicle away with the promise to pay the balance.

After waiting for a while without any word concerning his balance, the dealer reached out to the singer who claimed the car he purchased had faults. The dealer then asked the singer to return the car or pay the balance but Portable allegedly refused.

Following a petition from the dealer, the police moved in and arrested the singer who is currently in their custody.

When contacted, the spokesperson of the Lagos state police command, SP Benjamin Hundeyin confirmed the arrest of the singer.

Nigerian Pastor Jailed In The UK For Pocketing Church Funds Ebenezer Oduntan, former pastor of Redeemed Christian Church...
14/05/2024

Nigerian Pastor Jailed In The UK For Pocketing Church Funds

Ebenezer Oduntan, former pastor of Redeemed Christian Church, passed five times more than declared income through accounts.

A former pastor of a Christian church based in Kildare has been convicted of a range of theft charges, involving more than โ‚ฌ125,000, as well as multiple breaches of company law and deception.

As well as stealing money, Ebenezer Oduntan, former pastor of the Redeemed Christian Church of God (RCCG) City of David, ran an elaborate fraud, generating payments from the Revenue Commissioners.

Mr Oduntan, Curragh Grange, Newbridge, Co Kildare, has now been convicted of all 87 charges he faced.

When his bank accounts were analysed as part of a criminal investigation into his finances, he was found to have passed five times more than his declared income through his accounts for the years 2012-2018.

 : Rivers Governor, Fubara To Set Up Panel To Probe Nyesom Wike's Eight-Year Administration
13/05/2024

: Rivers Governor, Fubara To Set Up Panel To Probe Nyesom Wike's Eight-Year Administration

BARR CHIJIOKE PRECIOUS SAN WROTE:THAT YOUR FIRST SALARY IS YOURSIn the controversy regarding who owns YOUR first salary,...
12/05/2024

BARR CHIJIOKE PRECIOUS SAN WROTE:

THAT YOUR FIRST SALARY IS YOURS

In the controversy regarding who owns YOUR first salary, YOUR pastor, dibแป‹a or YOUR father, I resolve it in YOUR favour. That money belongs to YOU. Use it for what YOU wish. YOU can also give it to anyone YOU wish, YOUR father, mum, aunt, uncle, pastor, dibแป‹a, beggar, a cause, a person in need etc.

Spiritually, (if YOU are spiritual) YOUR first earning belongs to God. God is in YOU. So exercise YOUR sovereign will to do what YOU like with it according to YOUR need at the time. I don't believe in magic. There is no proof that those whose pastors, dibแป‹as or fathers took their first salary turned out better than those who did not hand it over to them. Believe me YOUR father or pastor or dibแป‹a gave no one their first earning. And YOU can always give YOUR pastor, dibแป‹a or father money any other time YOU wish. It doesn't have to be your first earning. Stop being superstitious. Neither YOU, YOUR father, pastor nor YOUR dibแป‹a is a magician.

Let no one beguile YOU. It's all about YOU. Yes, YOU.

Glory be to God in the highest for YOU. Hallelujah.

Bar. Chijioke Precious SAN

By Lawrence I. OkoroTinubu was able to steal an election when he wasn't President.In 2027, he will be running for reelec...
12/05/2024

By Lawrence I. Okoro

Tinubu was able to steal an election when he wasn't President.

In 2027, he will be running for reelection as the President. This means INEC, POLICE, CBN and other agencies/institutions will be deep in his pocket.

Instead of us to start building alliances with others to unseat him, we are further destroying the house we had in 2023.

Presently the Obidient movement isn't as strong as it was in 2023. Take it or leave it.

Many that voted in 2023 will not vote in 2027, because of the lack of truth for the electioneering system.

An alliance across the political sphere should be the goal at this point, if truly we all want a New Nigeria with Peter Obi as President.

It's becoming obvious that many will not speak up in support of this because they are scared of being cancelled. So you want to remain in the good books of the emotionally blinded individuals. But if you love Nigeria and want Peter Obi to succeed then you have to start speaking the truth of an alliance that's the only way out.

Nobody wins an election by emotional takes.

We have to be strategic is thinking and action.

Tinubu Orders Suspension Of Cybersecurity LevyPresident Bola Tinubu has instructed the Central Bank of Nigeria to halt t...
12/05/2024

Tinubu Orders Suspension Of Cybersecurity Levy

President Bola Tinubu has instructed the Central Bank of Nigeria to halt the controversial cybersecurity levy policy and conduct a review.

This follows the House of Representatives' resolution last Thursday to request that the CBN rescind its circular mandating all banks to charge a 0.5% cybersecurity tax on all electronic transactions in the country.

The CBN on May 6, 2024, issued a circular mandating all banks, mobile money operators, and payment service providers to implement a new cybersecurity levy, following the provisions laid out in the Cybercrime (Prohibition, Prevention, etc) (Amendment) Act 2024.

Another presidency official who preferred to remain anonymous as he was not authorised to speak on the issue said these discrepancies prompted the President to order a review.

โ€œIf you look at it, the law predates the Tinubu administration. It was enacted in 2015 and signed by Goodluck Jonathan. It is only being implemented now.

โ€œYou know he (Tinubu) was not around when that directive was being circulated. And he does not want to present his government as being insensitive. As it is now, the CBN has held off the instruction to banks to start charging people. So, the President is sensitive. His goal is not to just tax Nigerians like that. That is not his intention. So, he has ordered a review of that law.โ€

12/05/2024

Tinubu orders CBN to suspend 0.5% cybersecurity levy

Here Is A List Of Licensed Deposit Money Banks In Nigeria  Here are Banks with international authorisation:1. Access Ban...
08/05/2024

Here Is A List Of Licensed Deposit Money Banks In Nigeria

Here are Banks with international authorisation:

1. Access Bank Limited,
2. Fidelity Bank Plc,
3. First City Monument Bank Limited,
4. First Bank Nigeria Limited,
5. Guaranty Trust Bank Limited,
6. United Bank of Africa Plc, and
7. Zenith Bank Plc.

Here are Commercial banks with national authorisation:

1. Citibank Nigeria Limited,
2. Ecobank Nigeria Limited,
3. Heritage Bank Plc,
4. Globus Bank Limited,
5. Keystone Bank Limited,
6. Polaris Bank Limited,
7. Stanbic IBTC Bank Limited,
8. Standard Chartered Bank Limited,
9. Sterling Bank Limited,
10. Titan Trust Bank Limited,
11. Union Bank of Nigeria Plc,
12. Unity Bank Plc,
13. Wema Bank Plc,
14. Premium Trust Bank Limited and
15. Optimus Bank Limited.

Here are Commercial banks with regional licenses:

1. Providus Bank Limited,
2. Parallex Bank Limited,
3. Suntrust Bank Nigeria Limited, and
4. Signature Bank Limited.

Here are players in the non-interest banking sector with national authorisation:

1. Jaiz Bank Plc,
2. Taj Bank Limited,
3. Lotus Bank Limited, and
4. Alternative Bank Limited.

Here is a list of Marchant Banking Licence with National Authorization

1. Coronation Merchant Bank Limited,
2. FBN Merchant Bank Limited,
3. FSDH Merchant Bank Limited,
4. Greenwich Merchant Bank Limited,
5. Nova Merchant Bank Limited, and
6. Rand Merchant Bank Limited.

Here are the financial holding companies listed

1. Access Holdings Plc,
2. FBN Holdings Plc,
3. FCMB Group Plc,
4. FSDH Holding Company Limited,
5. Guaranty Trust Holding Company Plc,
6. Stanbic IBTC Holdings Plc, and
7. Sterling Financial Holdings Limited.

โ€˜Attempt To Impeach Fubara Will Be Resistedโ€™ โ€“ Rivers Govt Warns APC, Says 27 Lawmakers Donโ€™t ExistThe Rivers State Gove...
08/05/2024

โ€˜Attempt To Impeach Fubara Will Be Resistedโ€™ โ€“ Rivers Govt Warns APC, Says 27 Lawmakers Donโ€™t Exist

The Rivers State Government has slammed the All Progressives Congress, APC, over its call on the State House of Assembly to immediately commence an impeachment process against the governor of the state, Siminalayi Fubara.

The stateโ€™s Commissioner for Information and Communications, Joseph Johnson, explained that the 27 lawmakers in the State House of Assembly lacked the moral standing to impeach the governor.

The commissioner warned the APC lawmakers, who are loyal to Federal Capital Terrority, FCT, minister, Nyesom Wike, against embarking on such a venture, stressing that any attempt to impeach the governor will be resisted by the Rivers people.

Report has it that the Caretaker Committee Chairman of the APC in Rivers State, Tony Okocha, had at a press conference in Port Harcourt called on the State Assembly to quickly commence impeachment process against the governor.

Okocha stated that the impeachment was necessary because the governor โ€œhas insulted the sensibilityโ€ of President Bola Ahmed Tinubu, who waded in to resolve the lingering crisis in the state.

However, the Information and Communications Commissioner, in a quick response, said Okocha lacked the morality to talk about the state government, noting that Okocha was not a legitimate member of the APC.

According to the commissioner, attempts to impeach the governor would not be an easy journey, noting that the people of the state would resist such moves with their blood.

He said, โ€œIt is not going to be an easy journey. They should not imagine embarking on it because Rivers people will resist them. Rivers people will resist them because it is even baseless to think of it. They are not fighting with legitimacy; they are only fighting for their own survival. On what plank will you put that? The law says you canโ€™t put legality on illegality.

โ€œAs far as we are concerned, they do not even have the locus standi to do that. They should not even bother to start it because Section 109(g) has settled the case. It says if an Assembly member defects from his own party that brought him to power, you automatically lose his seat. They have done that, and it is settled. Our Constitution is the grand norm.

โ€œThe court, the Supreme Court, is there to look at these elementary issues. There is also a subsisting judgement on this, so we donโ€™t need a second opinion on whether we should respect them as Assembly members or not. The Supreme Court has already declared those seats vacant.

โ€œTony Okocha was just yesterday declared as not being a member of APC by a former chairman of the party, Sokonte Davies. He is a factional chairman. We want the faction led by Chief Emeka Beke to say the same thing. Okocha is standing on one leg. His call is an empty call. His advice to impeach the governor is a journey that leads nowhere, and they will not succeed. The lawmakers are not existent, and they are not seen in law.โ€

07/05/2024

All POS operators get July 7 deadline to register with CAC.

First Lady Celebrates Pioneer Nigerian Female Graduate Of UK Military AcademyFirst Lady, Oluremi Tinubu, on Monday hoste...
06/05/2024

First Lady Celebrates Pioneer Nigerian Female Graduate Of UK Military Academy

First Lady, Oluremi Tinubu, on Monday hosted the first female Nigerian graduate of the Royal Military Academy Sandhurst in the United Kingdom, 2nd Lt Oluchukwu Owowoh.

PUNCH reported in April that, at 24 years old, Owowoh joined 134 other Officer Cadets in London for the Sovereignโ€™s Parade, marking the culmination of 44 weeks of rigorous training as part of Commissioning Course 232.

In a statement signed on Monday by the Senior Special Assistant to the First Lady on Media, Kukoyi Busola, Mrs Tinubu was said to have commended Owowoh for her outstanding performance and resilience throughout her training, describing her as a shining example for Nigerian youths.

The statement quoted the First Lady as saying, "Your determination and resilience are quite remarkable, and you are an inspiration to the youth of this country. As a woman, the first who has made a mark in a male-dominated field, I salute you.

"This is just the beginning. You are now a reference point for all Nigerian youths. If you remain focused and positive, you will reach your goal in life.โ€

The First Lady was also said to have requested the presence of the wife of the Vice President, the wife of the Speaker, wives of ministers, wives of Service Chiefs and members of the Armed Forces of Nigeria to give a standing ovation to 2nd Lt. Owowoh.

The statement added that the Commandant of the Nigerian Defence Academy, Maj. Gen. OJ Ochai, explained that "Owowoh was the best of the 200 selected cadets from the NDA."

He stated that she excelled in three areas, which were academics, military subjects, and physical fitness.

"She has since been assigned to the Nigerian Military Intelligence Unit on her return to the country," the statement added.

Vice President Kashim Shettima Says President Tinubu's  Administration Is Determined To Eradicate Cor*ruption And Will D...
05/05/2024

Vice President Kashim Shettima Says President Tinubu's Administration Is Determined To Eradicate Cor*ruption And Will Do That Without Favouritism.

๐…๐จ๐ซ๐ฆ๐ž๐ซ ๐๐š๐ง๐ค ๐Œ๐š๐ง๐š๐ ๐ž๐ซ ๐‰๐š๐ข๐ฅ๐ž๐ ๐Ÿ๐Ÿ๐Ÿ ๐˜๐ž๐š๐ซ๐ฌ ๐Ÿ๐จ๐ซ ๐๐Ÿ๐Ÿ๐Ÿ๐ฆ ๐…๐ซ๐š๐ฎ๐Former First City Monument Bank manager, Nwachukwu Placidus, has bee...
04/05/2024

๐…๐จ๐ซ๐ฆ๐ž๐ซ ๐๐š๐ง๐ค ๐Œ๐š๐ง๐š๐ ๐ž๐ซ ๐‰๐š๐ข๐ฅ๐ž๐ ๐Ÿ๐Ÿ๐Ÿ ๐˜๐ž๐š๐ซ๐ฌ ๐Ÿ๐จ๐ซ ๐๐Ÿ๐Ÿ๐Ÿ๐ฆ ๐…๐ซ๐š๐ฎ๐

Former First City Monument Bank manager, Nwachukwu Placidus, has been sentenced to 121 years in prison by Justice S. N. Odili of the Anambra State High Court in Onitsha, Anambra state.

Placidus was found guilty of diverting N112,100,000 of a customer's fixed deposit funds for his own personal use.

Placidus was arraigned on Tuesday, March 27, 2018 on 16-count charges bordering on forgery, stealing, obtaining by false pretence and uttering, by the Economic and Financial Crimes Commission, Enugu Zonal Command.

The Economic and Financial Crimes Commission disclosed this in a statement shared on its page on Saturday.

According to the statement, Placidus pleaded not guilty to the charges when they were read to him.

The statement read, "Justice S. N. Odili of the Anambra State High Court sitting in Onitsha, Anambra State, has convicted and sentenced a former manager with First City Monument Bank, FCMB, Onitsha branch, Nwachukwu Placidus, to a cumulative 121 years imprisonment for diverting fixed deposit funds of a customer to the tune of N112,100,000 for his personal use.

"In the course of trial, the EFCC, through its counsel, Mainforce Adaka Ekwu presented four witnesses and tendered several relevant documents which were admitted in evidence.

"Justice Odili held that the prosecution proved its case beyond reasonable doubt and sentenced the convict to nine years imprisonment on count 3, 4 years on count 4 and 9 years on counts 5 to 16 respectively but was discharged on counts 1 and 2. The sentences shall run concurrently.

"The court further ordered the convict to restitute the said sum to his victim, Idemili Microfinance Bank."

Shettima: Tinubu inherited bad economy from BuhariVice President Kashim Shettima says President Bola Tinubu inherited a ...
03/05/2024

Shettima: Tinubu inherited bad economy from Buhari

Vice President Kashim Shettima says President Bola Tinubu inherited a dire situation when it took over from his predecessor, former President Muhammadu Buhari, in 2023.

Shettima said this during a meeting with a delegation from the United Nations System in Nigeria at the Presidential Villa in Abuja on Thursday, May 2, 2024.

Shettima noted that fuel subsidy had been an albatross around the neck of successive governments in Nigeria.

He said: โ€œWe had two options โ€“ either we get rid of subsidy or subsidy will get rid of the Nigerian nation.

โ€œWe have to be our brotherโ€™s keeper, but we were literally subsidising the fuel of the entire West African region.โ€

The Vice President said Tinubuโ€™s decision to abolish the subsidy and unify the exchange rates to allow the naira to float freely โ€œcreated a lot of challenges from the humanitarian endโ€.

Shettima added that removing fuel subsidy and unifying exchange rates were tough but necessary decisions to rescue Nigeria from economic disaster.

He, however, assured Nigerians that the country would work closely with the United Nations to address the nationโ€™s challenges.

The Vice President also promised the UN delegation that Nigeria would close ranks with the global body.

On his part, the UN Resident and Humanitarian Coordinator in Nigeria, Mohammed Fall, said the global body would collaborate with President Tinubuโ€™s administration to attain the Sustainable Development Goals (SDGs) in Nigeria.

He stated that the UN was of the conviction that the success or failure of Africa depends on Nigeria.

According to him, the progress of Nigeria translates to the development of Africa.

Fall added: โ€œIf Nigeria doesnโ€™t make it, there is no chance for any country to make it.

โ€œIf Nigeria lifts it here, not only our sub-region but the entire continent and the world at large will be on track for the SDGs.

โ€œIf we succeed in Nigeria today, the whole of the continent succeeds, but if we have challenges or difficulties to succeed in Nigeria, I am sure it is all of our continent that will be pulled down.โ€

Tinubuโ€™s policies averted economic collapse โ€“ Shettima
02/05/2024

Tinubuโ€™s policies averted economic collapse โ€“ Shettima

โ€˜Repentant Boko Haram Ter^ror^itsโ€™ Set Ablaze NDLEA, Customs Checkpoints In Borno; Chase Away Operatives
02/05/2024

โ€˜Repentant Boko Haram Ter^ror^itsโ€™ Set Ablaze NDLEA, Customs Checkpoints In Borno; Chase Away Operatives

Biggest Mess Created In 2023 Was Naira Devaluation From N460 To N1,400 In Nigeria, Says Dangote
01/05/2024

Biggest Mess Created In 2023 Was Naira Devaluation From N460 To N1,400 In Nigeria, Says Dangote

May Day: Tinubu promises better working conditions, fair wages for workersPresident Bola Tinubu on Wednesday pledged bet...
01/05/2024

May Day: Tinubu promises better working conditions, fair wages for workers

President Bola Tinubu on Wednesday pledged better living and working conditions for all Nigerians of working age, saying the โ€œcustodians of the nationโ€™s machinery deserve a fair wage and enhanced welfare.โ€

Tinubu made this pledge in his maiden May Day message dedicated to workers nationwide.

Pโ€™Harcourt Road will be completed by year-end, Otti tells Aba residentsThe Abia State Governor, Alex Otti, has assured r...
01/05/2024

Pโ€™Harcourt Road will be completed by year-end, Otti tells Aba residents

The Abia State Governor, Alex Otti, has assured residents that the construction of the Port Harcourt road in Aba will be completed and fully functional by the end of 2024.

The governor disclosed this to the crowd of Abia residents, among others, on Tuesday night at the grand finale of the Global Crusade with Kumuyi, a six-day programme organised by the Deeper Christian Life Ministry.

Addressing the audience, Otti recalled the scepticism surrounding the project when it commenced in October of the previous year.

He said, "When in October, we brought Julius Berger to Port Harcourt Road, people said it wasn't possible. A road that has not been used for 20 years is going to be used by the end of this year.

"I always refer to the story recorded in the Bible between Philip and Nathaniel. He went to Nathaniel and said we have found him, which is written about in the Bible by the prophet Moses and other prophets. Jesus, the son of Joseph, Joseph of Nazareth

"Nathaniel asked, 'Can anything good come out of Nazareth?' And what did Philip tell him? 'Come and see!' the crowd responded.

Otti also expressed optimism for the future of the state, as he addressed the past perception of Abia.

He added, "In those days when you mention Abia State, people will dismiss you. 'Can anything good come out of Abia State?' It even became a comedy skit.

"So anybody who asks that question again, what will you tell him? 'Come and see!' the crowd responded again.

"So this is still early morning; 11 months (of my administration), greater things are coming."

PUNCH reported in October 2023 that Otti flagged off the reconstruction of the perennially dilapidated 6.7 kilometres of Port Harcourt Road, Aba, and equally gave an official completion date of 18 months.

It was reported that the Port Harcourt road, one of the most deplorable federal roads in the state, was awarded to construction giant Julius Berger at a rate of N30 billion.

Credit: X| X_Dailly

Yahoo boys will end in dยฃยงtruction โ€” Bishop Oyedepo warns The Pesiding Bishop of the Living Faith Church, Bishop David O...
01/05/2024

Yahoo boys will end in dยฃยงtruction โ€” Bishop Oyedepo warns

The Pesiding Bishop of the Living Faith Church, Bishop David Oyedepo, has said that internet fru@dsters, otherwise known as yahoo boys, are living on a very fast lane that always ends in bitterness and dยฃยงtruction.

Speaking during a sermon on Sunday, April 28, he said: โ€œNobody playing games has a future in the kingdom. Hear this and hear it forever. If that is your trade, stop it.

Yahoo Yahoo business, stop it. Grabbing peopleโ€™s ATM card details, stop it! You are on a very fast lane that always ends in bitterness and dยฃยงtruction.

There is the law to mind. The law of sowing and reaping. The law of seedtime and harvest. The law of giving and receiving that is the law.

Engage with that law cheerfully. Engage with that law willingly. Engage with that law tirelessly and watch how you begin to lay up gold with time.โ€

The Nigerian student who said Ahmed Musaโ€™s name saved his life  in Sudan during war, is back home in Nigeria and has vis...
01/05/2024

The Nigerian student who said Ahmed Musaโ€™s name saved his life in Sudan during war, is back home in Nigeria and has visited Super Eagles Captain in his house.

A Nigerian young man studying in Sudan who said the name of Captain Ahmed Musa saved his life from death during the war in Sudan, is back home in Nigeria.

The young man who released a video of himself on social media. Here after watching the video of Captain Ahmad Musa, he was found to praise him and best wishes.

In a speech of iron horse TV, the young man added that he was a soldier among the soldiers of the war asked him if he was a citizen, he replied that he was a Nigerian, then he asked him if he knew Ahmad Musa answered him again saying yes he knew he was his brother too.

Then he added "Because of the name of Ahmad Musa the soldier took care of me, I was given food and water to drink and I was successful my life was complete". Says the young man.

Ahmad Musa has expressed his joy and how his name became the source of saving the life of the youth. He was found and made a video call. He also said that once he comes back to Nigeria he will ask the youth to give him a special gift.

He is back home in Nigeria and has visited Ahmed Musa to meet and greet. Ahmed Musa really showed him love and affection for what he went through.

Alhamdulilahโ€ฆโ€ฆ..,

May Allah bless OON for his kind words with love and affection.towards this young student

Accept tariff hike or face total blackout โ€” minister of power Adebayo Adelabu, tell Nigerians The Minister of Power, Ade...
30/04/2024

Accept tariff hike or face total blackout โ€” minister of power Adebayo Adelabu, tell Nigerians

The Minister of Power, Adebayo Adelabu, has warned that there would be a total blackout in the country in the next three months if the proposed electricity tariff hike is not implemented.

The minister gave the warning in Abuja when he appeared before the Senate Committee on Power at an investigative hearing over the recent electricity tariff hike by the Nigerian Electricity Regulatory Commission (NERC)on Monday, April 29.

In his words

โ€œThe entire sector will be grounded if we donโ€™t increase the tariff. With what we have now in the next three months, the entire country will be in darkness if we donโ€™t increase tariffs. The increment will catapult us to the next level. We are also Nigerians, we are also feeling the impact.โ€

He said the sum of $10 billion is needed yearly for the next ten years to revive the nationโ€™s power sector and nip in the bud the challenges bedevilling it.

โ€œFor this sector to be revived, the government needs to spend nothing less than 10 billion dollars annually in the next 10 years.

This is because of the infrastructure requirement for the stability of the sector. But the government cannot afford that. And so we must make this sector attractive to investors and to lenders. So, for us to attract investors and investment, we must make the sector attractive, and the only way it can be made attractive is that there must be commercial pricing.

If the value is still at N66 and the government is not paying subsidy, the investors will not come. But now that we have increased the tariff for A Band, there are interests being shown by investors,โ€ he said.

Adelabu said the inability of the government to pay outstanding N2.9 trillion subsidy was due to limited resources, hence the need to evolve measures to sustain the sector.

"This Is Not The Ahmed Bola Tinubu I Know. This Is Not The Tinubu That Calls Me His Son And I Call Him My Father. He Pac...
29/04/2024

"This Is Not The Ahmed Bola Tinubu I Know. This Is Not The Tinubu That Calls Me His Son And I Call Him My Father. He Packed People That Didn't Vote For Him Into His Office And Left People That Voted For Him To $suffer" - Asari Dokubo Cries Out

Tribunal restrains MultiChoice from hiking DStv, Gotv subscription rates
29/04/2024

Tribunal restrains MultiChoice from hiking DStv, Gotv subscription rates

Petrol Scarcity: Supply Challenge Will Last For Another 2 Weeks โ€“ IPMANAs acute petrol supply challenges enter its secon...
29/04/2024

Petrol Scarcity: Supply Challenge Will Last For Another 2 Weeks โ€“ IPMAN

As acute petrol supply challenges enter its second week, independent marketers have explained that issues that led to the scarcity of the product would take another two weeks to be fully resolved.

Checks around Abuja on Sunday showed that most stations were out of stock with very few major marketers dispensing the product in Abuja city centre. At the suburbs, the few stations opened to motorists jacked up their pump price from N680 per litre to N870 per litre.

Speaking to Vanguard on the situation, the Public Relations Officer, Independent Petroleum Marketers Association of Nigeria, IPMAN, Chief Chinedu Ukadike said the product was not available in-country.

Chief Ukadike blamed the acute shortage in supply of importation bottlenecks and the slow pace of marketers licence renewal by the Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA.

He disclosed that only 1,050 marketers out of 15,000 have had their licences renewed by the NMDPRA.

He said: โ€œThe situation is that there is no product. Once there is lack of supply or inadequate supply, what you will see is scarcity and queues will emerge at filling stations. On the part of NNPCL, which is the sole supplier of petroleum products in Nigeria, they have attributed the challenge to logistics and vessel problems.

Man Disappointed Odumeje Failed To Display Famous โ€˜Powerโ€™ At London MeetingA UK-Based Nigerian, Agu Chigekwu, identified...
28/04/2024

Man Disappointed Odumeje Failed To Display Famous โ€˜Powerโ€™ At London Meeting

A UK-Based Nigerian, Agu Chigekwu, identified on Instagram as richjoelng, recently called out popular Nigerian Pastor, Chukwuemeka Ohanaemere, better known as Odumeje, for failing to pray for members of the congregation at a recent event in London.

Chigekwu stated that he attended the event expecting to see Odumeje perform miracles and pray.

He said he was, however, left disappointed after Odumeje only sang and then left without praying for anyone.

He said, "When he came, he was already advertising powers, abidoshaker , citadel, he will release powers and the one he has not touched. Na so people take come o, filled the place . People came out!"

He explained that the programme was scheduled to start at 5:30pm, but Odumeje did not arrive until 10:30 pm and. When he finally came, he started singing, and the audience thought he would begin praying afterward.

" He dey sing o, as he finish singing, people kon think say he go pray, before we knew it, Odumeje don disappear ," he added.

Chigekwu questioned whether Odumeje was a pastor or an artiste, stating that people came from all over the UK with their sick loved ones in hopes of receiving healing prayers from Odumeje.

He added, " Odumeje na pastor abi na artist? Is he a performer? So, na performance he come do for us all the way from Nigeria. No be even to pray for people.

"People came all the way from Scotland, Wales, different parts of UK. Some came with their sick ones, old women, for him to pray for healing. Na so Odumeje take do this thing; he no pray for anybody."

He also stated that some people even paid for front-row seats specifically to get prayed for by Odumeje.

"This guy disappointed me. Thank God, I did not even buy that ticket. People paid ยฃ1,000, ยฃ500, to stay at the front seat because they needed healing.

"They think say after he don sing, he go pray. Make dem see the powers that this man carry . All those citadel, indaboski bahose , and all those kind of things ," he added.

In a separate video, Chigekwu clarified that he did not intend to criticise Odumeje but rather wanted to raise concerns about the event.

He said the promoters did not properly inform attendees about the purpose of the event, and he only learned later that Odumeje was actually there for an album launch.

Nigeria ๐Ÿ‡ณ๐Ÿ‡ฌ: This man is the owner of Azman Airlines with 6 aircraft including 2 Boeing 747. - He owns a University in Ka...
28/04/2024

Nigeria ๐Ÿ‡ณ๐Ÿ‡ฌ: This man is the owner of Azman Airlines with 6 aircraft including 2 Boeing 747.

- He owns a University in Kano. (Azman University, Kano).

- He is a multibillionaire both in dollars.

- He has over 50 different service stations throughout Nigeria.

- Currently, he has more than 200 trucks in Nigeria.

His name is: - Alhaji (DR. ) Abdulmunaf Yunusa Sarina.

โ€” Owner of (AZMAN AIR, AZMAN UNIVERSITY, AZMAN OIL, GAS STATIONS,....).

The photo of him on motorcycle was taken in one of his farms.

Do you still remember Major-Gen Atolagbe, who arrested Malian terrorists in *Plateau in 2021* & paraded them public alon...
26/04/2024

Do you still remember Major-Gen Atolagbe, who arrested Malian terrorists in *Plateau in 2021* & paraded them public along their financier.

Order came from Abuja for their release which he refused, immediately Nigeria force HQ dismiss him from the force.

*Tinubu should influence his reinstatement.*

*Please share until this gets to President Tinubu's desk.*

ยฉ Ayoade Ojeniyi

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