News

Wednesday, 07 June 2017 03:29

Osinbajo writes NASS, seeks approval for $1.5bn loan

Acting President, Prof. Yemi Osinbajo, has asked the Senate to give approval for one billion, four hundred and ninety two million, four hundred thousand dollars ($1,492,400,000,00) external loan. The request was contained in a letter he addressed to President of the Senate, Dr Bukola Saraki, who read it at plenary, saying, the loan was part of the federal government’s external borrowing plan, meant for projects in 10 states. The states include Kaduna, Ogun, Ebonyi, Abia, Katsina, Jigawa, Kano, Enugu, Plateau and Ondo. The loan is to be sourced from four agencies – World Bank, African Development Bank (AfDB), Islamic Development…

Wednesday, 07 June 2017 03:25

Senior lawyer commends recall of Supreme Court judges

Former Chairman, Judiciary Committee of Nigeria Bar Association,(NBA) Mr Yusuf Ali (SAN) Tuesday lauded the leadership zeal of the National Judicial Council (NJC) over the recent reinstatement of the eight Supreme Court judges. He also blamed the federal government for its decision to prosecute the judges because they were reinstated by the NJC, saying that Nigerians are no fools. Ali, speaking in an interview with journalists in Ilorin, Kwara state capital, said the decision of NJC was justified because "you can’t continue to keep people in suspense". Ali also pointed out that it is a waste for Nigeria as a…

Wednesday, 07 June 2017 03:20

Despite widespread poverty, Bauchi spends N96 million on horses for emirs

Bauchi State Government on Tuesday said it spent a total of N96 million to purchase horses for the six emirate councils in the state in the last two year. Commissioner for Local government Affairs, Nasurudeen Mohammed, disclosed this at press conference in Bauchi, the state capital. He listed the emirate councils as Bauchi, Misau, Dass, Jamare, Katagum and Ningi. “N96 million was expended by this administration in the last two years for purchase of horses to six emirate councils to maintain the tradition and culture of the state,” Mr. Mohammed said. Bauchi is one of Nigeria’s poorest states. In 2015,…

Wednesday, 07 June 2017 03:19

Ekiti community boils over plan to uproot sacred tree

There was tension in Ikere-Ekiti, headquarters of Ikere Local Government Area of Ekiti State, on Tuesday over the move by a contractor handling a road dualisation project to uproot a tree considered sacred by the community. The sacred tree is located in a historical site in the heart of the community. An attempt on Monday by the contractor handling the project to uproot the tree was disrupted by youths and traditional religion worshippers who invaded the scene. Some irate youths held up traffic and lit bonfires at Odo-Oja area of the town. The protesting indigenes claimed that the historical site…

Wednesday, 07 June 2017 03:17

Don warns researchers against plagiarism

Funmi Olaitan, Ibadan Vice Chancellor, Walter Sisulu University, South Africa, Prof. Rob Midgley, has warned researchers against involvement in fraudulent falsification and fabrication of research results. He said misconducts such as falsification and fabrication of research result and plagiarism completely undermine publication and author's credibility. He said this while delivering the 70th University of Ibadan Post Graduate School Interdisciplinary research discourse. While speaking on the topic, "Can We Trust What We Read? Evaluating Quality and Credibility of Research Sources in a Pay-and-Publish Era", he maintained that some quality and integrity issues are trite. He said, "While dishonest conduct of course…

Tuesday, 06 June 2017 17:15

Aisha Buhari returns from UK, speaks on President’s health

Wife of the President, Aisha Buhari, this morning returned from the United Kingdom, where she went to visit her husband, who is on medical leave in the British capital. According to a statement by Suleiman Haruna, her spokesperson, Mrs. Buhari, on arrival, conveyed the appreciation of President Muhammadu Buhari to Nigerians over their constant prayers and said he would soon return to the country. The statement quoted Mrs. Buhari as saying her husband was recuperating fast. Mrs. Buhari called on Nigerians to continue to be strong in the face of challenges and to support the Federal Government in implementing the…

Tuesday, 06 June 2017 17:14

Nigeria’s unemployment rate worsens, rises to 14.2 per cent

Nigeria’s unemployment rate rose to 14.2 per cent in the fourth quarter of 2016, National Bureau of Statistics (NBS), has said. The bureau disclosed that the rate rose from the 13.9 per cent recorded in the preceding quarter of the year under review. According to data released Monday by NBS, the latest unemployment rate is 4.2 per cent higher than the rate recorded at the fourth quarter of 2015. NBS noted that as the number of unemployed people in the economy is growing, the number of underemployed people is also rising. According to the report, the underemployed rate rose to…

Tuesday, 06 June 2017 17:12

South Africa's economy falls into recession

South Africa's economy - one of Africa's biggest - is in recession for the first time in eight years. A 0.7 percent decline in GDP in the first quarter of this year followed a 0.3 percent contraction in the last quarter of 2016, meeting the definition of a recession as two or more quarters of negative growth, the South African government said Tuesday. The country's economy was already struggling with official unemployment of 27.7 percent, as well as financial fallout from scandals surrounding President Jacob Zuma. This year, Fitch and Standard & Poor's lowered South Africa's credit rating to below…

Tuesday, 06 June 2017 17:06

Nigerian student emerges best overall in Ukraine medical school

One of the 87 students sponsored by the Osun state government to study Medicine at the National University of Kharkiv, Ukraine, Oyeleye Lateefah Abiola, has emerged the best overall in her class for 2017 topping the class with a percentage score of 95.6%. Miss Abiola, with Matriculation Number 258184358, is set to graduate on June 30, 2017 after the completion of her studies in a graduating class that has a total of 564 students. A statement from the Bureau of Communication and Strategy in the Office of the Governor, signed by its Director, Semiu Okanlawon, explained that the Deputy Governor…

Tuesday, 06 June 2017 17:05

Ramadan: Church shares food to fasting Muslims

Christ Evangelical Intercessory Fellowship Ministry, Sabon Tasha, Kaduna has doled out over 500 food packages to Muslims, since the beginning of the Ramadan. Pastor Yohanna Buru, the Church's General Overseer, said that the food packages and drinks were shared out to destitute and the poor. He said that the Church was in the forefront of promoting religious tolerance in Kaduna State, adding that the gesture was to deepen peaceful co-existence between Muslims and Christians. “We must support our brothers and sisters with what to eat in these 30 days, in view of the high cost of food items in local…

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Tuesday, 06 June 2017 05:22

Nigeria’s debt rises by N7.1tn under Buhari

The nation’s total indebtedness to foreign and local creditors now stands at N19.16tn, Debt Management Office has said. This is N1.8tn increase from the N17.36tn recorded at the end of December 2016. As of March 31, 2015, the country’s total debt stood at N12.06tn. This means the debt level increased by N7.1tn in two years. Segmenting the national debt, DMO put the Federal Government’s domestic debt at N11.97tn. Two years ago, as of March 31, 2015, this component of the debt burden stood at N8.51tn. This means that within a period of two years, the Federal Government has borrowed a…

Tuesday, 06 June 2017 05:17

Osinbajo wants banks punished for illicit funds

Acting President, Professor Yemi Osinbajo, and an anti-corruption Chief, Mr Akere Muna, on Monday said banks and other financial institutions warehousing illicit funds should be made to face the consequences of the criminal conduct. Both said this in separate addresses at the “Conference on Promoting International Co-operation in Combating Illicit Financial Flows and Enhancing Asset Recovery to Foster Sustainable Development’’ in Abuja. According to Osinbajo, the transfer of illicit funds cannot happen without a “handshake’’ between the countries where the funds are transferred from and financial institutions and countries to which the assets are transferred. “There is no way it…

Tuesday, 06 June 2017 05:15

Presidency slams NJC, vows to arraign reinstated judges

The Presidency has berated the National Judicial Council for reinstating six suspended judges who were under investigation for alleged corruption. Special Adviser to the President on Prosecutions, Mr Okoi Obono-Obla, expressed dissatisfaction with the NJC during a live television programme on Channels TV, titled ‘Sunrise Daily’ on Monday. No fewer than five of the judges, who were suspended in October last year, had yet to be arraigned by the Federal Government, causing the Nigerian Bar Association to demand their immediate reinstatement. One of the reinstated judges, Justice Adeniyi Ademola, was arraigned but the charges were struck out by the court.…

Tuesday, 06 June 2017 05:13

Nigerians on death row: again FG begs Indonesia

The Federal Government on Monday pleaded with the government of Indonesia to commute the death penalty passed on Nigerians in the country’s prison, to life imprisonment. Foreign Affairs Minister Mr Geoffrey Onyeama, made the plea in a joint communique issued at the end of bilateral meeting between the minister and Mrs Retno Marsudi his counterpart from Indonesia. He said, “on consular issues, Nigeria recognises the drugs emergency situation in Indonesia and pleaded for commuting death penalty to life imprisonment.” This is not the first time that the government is pleading on behalf of Nigerians on death row in Indonesia. Available…

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