Thursday , 12 December 2019
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Army Rescues 11, 595 Civilians Held By Boko Haram


The Nigerian Army says that it has rescued over 11,000 civilians held at various enclaves by the Boko Haram sect The Army clarifies that the rescue operations were carried out within the past six weeks. This comes as troops say that they have intensified efforts to clear and mop up all insurgent activities in the north east. The military further …

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UN to spend N20bn on corruption, terrorism prevention in Nigeria

UN Logo

The UN Office on Drugs and Crimes (UNODC) says it is spending 100 million dollars (about 20 billion naira) on the prevention of corruption, drugs and terrorism in Nigeria. The UNODC Secretary-General, Mr Yury Fedotov, who is on a two-day official visit to Nigeria, told the News Agency of Nigeria (NAN) on Wednesday in Abuja. Fedotov explained that Nigeria is …

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Thugs invade Edo assembly as lawmakers impeach Speaker


The Speaker of Edo House of Assembly, Victor Edoro, has been impeached by 16 of the 24 members of the assembly on Tuesday. The News Agency of Nigeria (NAN) reports that in his place, Elizabeth Ativie was elected by the lawmakers as the assembly’s first female speaker. The impeachment followed a motion moved by the Majority Leader, Folly Ogedemgbe (APC-Owan- …

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FG resolved to pay subsidy on petrol

Petroleum Tankers

The Federal Government has said it would pay subsidy on Premium Motor Spirit, otherwise known as petrol, from the recoveries made in the first quarter of 2016. This is contained in the latest Petroleum Product Pricing Regulatory Agency, PPPRA, template released in Abuja, yesterday. The PPPRA said between January and March, the Federal Government was able to save about N10 …

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N23bn scam: Fidelity Bank names new acting MD

Fidelity Bank

The Board of Directors of Fidelity Bank Plc has appointed the Executive Director, North, Alhaji Mohammed Balarabe, as the Acting Managing Director/Chief Executive of the bank with immediate effect subject to regulatory approval. The appointment, according to a statement by the bank on Monday, follows the absence of the Managing Director/Chief Executive Officer, Mr. Nnamdi Okonkwo, who was last week …

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Nigeria Lost $15bn To Fraudulent Security Spending – Osinbajo


The Vice President of Nigeria, has revealed on Monday, that the country lost $15billion to fraud and corrupt practices in security equipment spending during the last administration. Prof. Yemi Osinbajo made this known at a book presentation of the Ibadan-based elite group, House Of Lords, which just published an in-depth analysis by different experts titled; ‘Nigeria: The Challenges Of Growth …

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Politics Fayose is an ingrate, says Bode George

Ekiti State Governor Ayodele Fayose

A former Deputy National Chairman of the Peoples Democratic Party, Chief Bode George, has described Governor Ayodele Fayose as an ingrate for saying that he would not support him (George) to become the national chairman of the party. George also slammed Fayose for saying that PDP elders must take the backstage in the party’s affairs. Speaking during an interview with …

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Oil drilling to begin in the North this year


The Federal Government will commence drilling activities for crude oil in the Chad Basin from the third quarter of this year, the Minister of State for Petroleum Resources and Group Managing Director of the Nigerian National Petroleum Corporation, Dr. Ibe Kachikwu, has said According to him, the commitment of the Federal Government and the NNPC to explore for oil and …

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JTF In Kano Arrests General Shuwa’s Killers

The late war General, Mamman Shuwa

The Nigerian Army on Monday announced that it has grabbed a man believed to be behind the murder of a retired General, Mannan Shuwa in Maiduguri, Borno State. The Spokesman for the Army, Colonel Sani Usman, told reporters that the man would soon be paraded before the media and prosecuted before the court. This is sequel to the arrest of three …

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Workers Day: Oshiomhole announces new minimum wage

Adams Oshiomhole

Governor Adams Oshiomhole of Edo State on Sunday announced a new minimum wage with effect from May 1, 2016. Oshiomhole who was addressing a rally organised by the Nigeria Labour Congress (NLC) and Trade Union Congress (TUC), to mark this year’s Workers’ Day anniversary at the Samuel Ogbemudia Stadium in Benin, announced an increment from the present N18, 000 minimum …

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Chairmanship: Sheriff moves to amend PDP constitution

Ali Modu Sheriff

Following stiff opposition by the Board of Trustees of the Peoples Democratic Party to his desire to contest the chairmanship of the party at its national convention scheduled for May 21, the National Chairman of the party, Sen. Ali Modu Sheriff has begun moves to checkmate it. Sheriff had proposed an amendment to the party’s constitution, whereby he added a …

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Pilot Phase Of Broadcast Digitisation Commences In Jos

Alh. Lai Muhammed, Information Minister

The pilot phase of the switch over from analogue to digital terrestrial broadcasting in Nigeria has commenced with the switch on in Jos, signalling the beginning of the process which would spread across states. Performing the switch on ceremony on Saturday, the Minister of Information and Culture, Mr Lai Mohammed, observed that the broadcasting industry at the local, state and …

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2016 Budget To Go Into Full Operation In Few Days – Osinbajo

Prof. Yemi Osibajo

The Federal Government has re-assured Nigerians that the 2016 budget is expected to go into full operations in the next few days. This assurance was given by Vice President Yemi Osinbajo who was a guest speaker at the 12th edition of ‘The Platform’, an annual national discourse put together by Covenant Christian Centre, at the Federal Capital Territory Abuja. He …

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There’ll be No Election if Security is not provided –INEC Insists

INEC Chairman, Prof. Mahmud Yakubu

The Independent National Electoral Commission (INEC) has declared that it would not proceed with the conclusion of pending rerun elections unless political parties and relevant stakeholders commit to ensuring violence-free polls. The electoral commission also stated that security agencies would also have to guarantee that there is peace, order and safety of all electoral officials, stakeholders and other materials before …

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High-profile fraud: EFCC probes four judges frustrating probe


•Considers tribunal to try suspects Four high court judges in the Federal Capital Territory (FCT) are currently under the radar of the Economic and Financial Crimes Commission (EFCC) for allegedly frustrating the probe of high-profile corruption cases. The judges are said to have developed a penchant for going soft with suspects who approach their courts to stop their trial for …

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Buhari’s economic policies “opaque, archaic” – Ezekwesili

Ezekwesili Obiageli

President Muhammadu Buhari’s current economic policies are similar to those he promulgated during the military regime he led in the 1980s, a former Minister of Education and social critic, Oby Ezekwesili, has said. Mrs. Ezekwesili said Mr. Buhari’s “archaic” and “opaque” economic principles are not only encouraging massive corruption and abuse of power, but also hurting the poor they were …

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President Buhari orders herdsmen to be brought to justice

armed herdsman

President Muhammadu Buhari has reacted to the recent upsurge in communal violence by suspected herdsmen, and has ordered the police and the military to “take all necessary action to stop the carnage”. Mr. Buhari’s directive, Wednesday, followed the latest attack, on Monday, in Ukpabi Nimbo, a community in Enugu State, where dozens of people were reportedly killed by heavily armed …

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EFCC arrests Fidelity Bank MD for receiving Diezani’s $115m

Managing Director and Chief Executive Officer of Fidelity Bank Plc, Mr. Nnamdi Okonkwo

The Economic and Financial Crimes Commission has arrested the Managing Director and Chief Executive Officer of Fidelity Bank Plc, Mr. Nnamdi Okonkwo, and some officials for allegedly receiving $115m from a former Minister of Petroleum Resources, Diezani Alison-Madueke. The EFCC also arrested the bank’s Head of Operations, Mr. Martins Izuogbe, for his role in the alleged scam, which the anti-graft …

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PDP National Convention: South-West chieftains threaten mass defection


Leading lights of the Peoples Democratic Party in Nigeria’s South-west geopolitical zone are threatening to dump the party en masse should the zone be blocked from producing the next national chairman of the party. A former presidential aide, Doyin Okupe, told PREMIUM TIMES on Monday night that party leaders in the zone met in Ikoyi, Lagos, last week and took …

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EFCC uncovers $12.9b More Fraud In Arms Deals Probe


The Economic and Financial Crimes Commission (EFCC) has uncovered $12.9billion more arms deals fraud during the administration of ex-President Goodluck Jonathan; it was learnt yesterday. The development has brought arms funds, which were diverted to other uses, to $15billion as the initial probe covered only $2.1billion. As part of the ongoing investigation of the arms deals, the EFCC yesterday froze …

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EFCC seizes Nenadi Usman’s houses

Nenadi Usman

The Economic and Financial Crimes Commission has seized two houses belonging to Senator Nenadi Usman who was the Director of Finance of the Goodluck Jonathan Campaign Organisation. It was learnt that the two houses seized were located in Abuja. The EFCC had arrested Usman last week after it was established that N2.5bn was paid into her company account, Joint Trust …

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#PanamaPapers: Documents counter David Mark’s denial of secret assets in tax havens


A former President of the Nigerian Senate, David Mark, was not telling the truth when he denied knowledge of eight offshore companies linked to him as part of the ongoing #PanamaPapers revelations, a series of leaked documents has shown. PREMIUM TIMES had on April 5 exposed Mr. Mark as operating shell companies in tax havens while being a public official …

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First Edition Of FGs’ Town Hall Meetings Holds In Lagos

FG Town Hall Meeting Lagos

The first in the series of the Federal Government town hall meetings held On Monday in Lagos State, Nigeria’s commercial city. The meeting is expected to hold in six geo-political zones and two other cities, Abuja and Kano. It is an interaction between the government and persons from different sectors of the economy. At the Lagos meeting, President Muhammadu Buhari’s …

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First Edition Of FGs’ Town Hall Meetings Holds In Lagos


The first in the series of the Federal Government town hall meetings held On Monday in Lagos State, Nigeria’s commercial city. The meeting is expected to hold in six geo-political zones and two other cities, Abuja and Kano. It is an interaction between the government and persons from different sectors of the economy. At the Lagos meeting, President Muhammadu Buhari’s …

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PH, Warri Refineries Producing 7m Litres Of Petrol Daily – NNPC

NNPC refinery, Kachikwu

The minister of state for petroleum resources and group managing director of the Nigerian National Petroleum Corporation (NNPC), Dr Ibe Kachikwu has disclosed that the Port Harcourt Refining Company now produces five million litres of petrol while the Warri Refining and Petrochemical Company also produces two million litres of petrol per day. The minister made this statement while re-commissioning the …

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INTERVIEW: Corrupt elements, incompetent aides, saboteurs join forces to hinder Buhari — Bashir Tofa

Bashir Tofa

•‘No evidence I lost June 12, 1993 election to Abiola’ •Asks FG not to give impression Saraki is being punished •His life in ‘retirement’ •Says Ganduje and Kwankwaso haven’t disclosed cause of fight By Lekan Bilesanmi Remember Alhaji Bashir Tofa? He was the man who contested the June 12, 1993 presidential election against the late Chief MKO Abiola. Abiola was …

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APC Wins Yobe National Assembly Bye Election


The All Progressive Congress (APC) has emerged winner of the Yobe National Assembly bye election held on Saturday across four council areas of the state. The National Assembly bye election was conducted to fill the vacant seat left by the Minister of State Foreign Affairs, Hon. Khadija Bukar Ibrahim, who vacated the seat to serve in the Buhari-led administration. Declaring …

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2015 PDP Presidential Campaign Funds: Former Finance Minister, Nenadi Usman, refunds part of N2.5b cash

Esther Nenadi Usman

After being detained for about four days, a former Finance Minister, Senator Esther Nenadi Usman, has reportedly made a substantial refund of the cash said to have been given to her by the Office of the National Security Adviser, NSA. A competent source at the Economic and Financial Crimes Commission, EFCC, confirmed that the powerful female Kaduna politician, who served …

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Twist in Senate peace moves as senators form G77

new senate

*To remove EFCC from presidency contro *Vow to back Saraki *To confront older senators over juicy committees STRONG indications emerged early yesterday of a hardening of position by senators who have coalesced into a Group of 77 drawn from various parties and camps to protect what they have dubbed as the integrity of the Senate.Senate5The new G77 which had its …

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Ex-Finance minister Nenadi Usman detained by EFCC over $2.1bn cash

Esther Nenadi Usman

Former Finance Minister, Mrs Esther Nenadi Usman, was yesterday, taken into custody by operatives of the Economic and Financial Crimes Commission, EFCC, for allegedly receiving N2.5 billion of the N4 billion taken out of the Central Bank of Nigeria, CBN, on the orders of the former National Security Adviser, Sambo Dasuki, in the heat of the 2015 election. Usman was …

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