Thursday , 2 July 2020
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Tinubu backs Buhari over new petrol price

National Leader of the All Progressives Congress, APC, and former governor of Lagos State, Asiwaju Bola Tinubu has thrown his weight behind President Muhammadu Buhari over the new pump price for premium motor spirit (PMS). The Buhari administration on Wednesday put the final nail in the coffin of the much villified fuel subsidy regime and announced a new N145 per …

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Killer Herdsmen Not Nigerians – FG

The Ministry of Agriculture and Rural Development, yesterday declared that  herdsmen attacking communities were not Nigerians. The Minister of State for Agriculture, Barr. Heineken Lokpobiri made the declaration yesterday at a Public Hearing held at the National Assembly on the skirmishes. He also disclosed that the government has settled for creation of ranches as against grazing reserves across the country …

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Petroleum minister confirms oil sector deregulation to take off in few days

The Nigerian government appears set to introduce policy changes to finally herald the take off of deregulation of the downstream sector of the petroleum industry, minister of state petroleum resources, Ibe Kachickwu, confirmed on Tuesday. PREMIUM TIMES had exclusively reported on Monday that government was planning to unveil in a matter of days the new policy, which would see a …

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Nigeria Army have the capacity to crush Niger Delta Militants – DHQ

The Defence Headquarters (DHQ) has warned the Niger Delta Avengers who have been bombing crude oil pipelines of the grave consequences of their actions because “the military has capability to crush any individual or group destroying strategic assets in Niger Delta”. The DHQ said is not unaware of the emergence of a group in the Niger Delta region who have …

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Dangote Donates N2bn To IDPs In Born

The President of Aliko Dangote Foundation, Alhaji Aliko Dangote yesterday announced the donation of N2 billion to Borno State government for the upkeep and resettlement of Internally Displaced persons (IDPs) in the state. Dangote also announced the provision of entire foodstuffs for IDPs during the upcoming Ramadan fasting by its foundation to ensure  hunger- free camps during the holy month. …

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Petrol Scarcity: Petroleum Minister Apologises To Nigerians Again

The Minister of State for Petroleum, Dr. Ibe Kachikwu, has again apologised to Nigerians for the prevailing long queues for petrol, saying “all is being done to address the situation”. Mr Kachikwu alongside five other ministers rendered account of what had been done in terms of government policies since the inauguration of President Muhammadu Buhari’s administration during the second Federal …

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Nigeria’s 2016 budget to be implemented till May 2017

The 2016 Appropriation Act signed by President Muhammadu Buhari on Friday will run until May 2017, an official has said. The Senior Special Assistant to President Muhammadu Buhari on National Assembly (Senate), Ita Enang, stated this on Sunday in Uyo, Akwa Ibom State. “The Act provides that the budget takes effects from the date assented to by the president, and …

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Anti-Corruption Summit: Buhari’s Advance Party Set To Leave Tonight

President Muhammadu Buhari’s advance party is expected to leave Nigeria on Sunday, May 8, to the United Kingdom ahead of the President’s arrival on Tuesday, May 10. The summit is holding in the British capital on Thursday, May 12. A pre-summit conference of development partners, the Commonwealth Enterprise and Investment Council, Transparency International and other civil society groups will also …

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Buhari Arrives Katsina For 3-day Visit

President Muhammadu Buhari has arrived Katsina State for a three-day private visit ahead of the upcoming Katsina State Investment and Economic Summit which he is expected to declare open on Monday. The President was received on his arrival at the Katsina International Airport by the state governor, Alhaji Aminu Bello Masari along with officials of the state government and some …

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EFCC arrests Herbert Wigwe of Access Bank, third CEO in the net

Operatives of the Economic and Financial Crimes Commission this evening arrested Herbert Wigwe, CEO of Access Bank Plc, as money laundering investigations shifted to the Nigerian banks. It was unclear the specific reasons for the raid of Access bank and later the arrest of its CEO, but it makes the third arrest within 10 days. The first bank CEO to …

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Army Inaugurates Court Martial To Try Two Major Generals

The Nigerian Army has inaugurated a court martial to try two top military officers for violation of service discipline. The two accused are Major General Ibrahim Sani, who was the Chief of Army Transformation and Innovation Centre, and Major -General Patrick Falola, who was the Commander 68 Hospital Yaba. The President of Court and other members of the panel took …

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FACT-CHECK: Buhari’s claim untrue: Journalists being detained, harassed in Nigeria

Ahead of World Press Freedom Day on May 3, Nigeria’s President Muhammadu Buhari claimed in a speech that Nigerian journalists were no longer being harassed or detained under his government. At the opening of the Congress of the Federation of African Journalists on April 29, Nigeria’s information and culture minister delivered a speech on behalf of Mr. Buhari in which …

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President Buhari Signs 2016 Budget Into Law

Nigeria’s President, Muhammadu Buhari, has signed the 2016 budget into law. This assent has now given way for the full implementation of the budget. The ceremony was witnessed by the Vice President Yemi Osinbajo, the Senate President, Dr. Bukola Saraki and the Speaker of the House of Representatives, Yakubu Dogara. While the President says that the budget must be able to work …

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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

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

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

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

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 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

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

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

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

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

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

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

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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