By Abimbola Ogunnaike The main opposition party in Benue State, the Peoples Democratic Party (PDP) has called on the State Governor, Rev Fr. Hyacinth Alia, to account for how he expended N44 billion in special intervention grants received from the Federal Government between August 2023 to 2024. The opposition party in the state, through its State Publicity Secretary, Bemgba Iortyom, made the call while reacting to the submission of the leader of the All Progressive Congress (APC) in the state, Senator Tilley Gyado, that N44 billion in the form of intervention funds were accrued to the state in the past…
Author: Khadijah Olowode
By Abimbola Ogunnaike The Nigeria Employers’ Consultative Association(NECA) has disclosed the main reason why it rejected the Federal Government expatriate employment levy. According to NECA, the Ministry of Interior’s expatriate employment levy will deter investment in the country, just as it also faulted the levy, saying there would be a need for certain regulations to be put in place before such tax could be imposed. The association, in a statement issued on Sunday,3 March, 2024, said that following the launch of the Expatriate Employment Handbook, an initiative of the Federal Ministry of Interior, purportedly aimed at enhancing skills transfer in Nigeria,…
The Board of Directors of KAFTAN Television has confirmed the immediate past Commissioner for Information and Strategy in Ogun State, Abdulwaheed Odusile, as its new Chief Executive Officer (CEO), effective Monday, 11 March, 2024. In a statement signed by the company’s Human Resources Manager, Oluwajuwonlo Janet Akinwale, the Board of Directors gives the new CEO full autonomy to set up a new management team and re-organise the company in a way that satisfies professional needs. The statement reads: “The Board of Directors of KAFTAN TV proudly announces the appointment of Mr. Abdulwaheed Odusile as its new Chief Executive Officer (CEO). …
The United States government, in partnership with the Global Shea Alliance (GSA), the non-profit industry association with a mission to promote sustainability, quality practices and standards for shea in food and cosmetics, held its annual conference in Abuja. According to a statement on Tuesday by the United States Embassy in Nigeria, this year’s theme ‘Bridging the Gap’ is centered on closing the divide between the visionary goals of the shea industry and the urgent need for practical action. Nigeria boasts the largest population of shea trees and shea collectors, positioning the country as a potential hub for production, processing, and…
The Council of Retired Federal Permanent Secretaries and Heads of the Civil Service of the Federation on Tuesday, 5 March, 2024, emphasized the need for their wealth of experience and expertise to be brought to bear for the growth of public service in the country. The council spoke at the CORFEPS week in Abuja with the theme: ‘Reflections on Nigeria’s Public Service: Way forward for good governance.’ The former Secretary to the Government of the Federation, Babagana Kingibe, decried that once a permanent secretary retires, he or she does not want to be seen which he described as a loss…
By Niyi Akinsiju To understand the nation’s current economic milieu, we have to go back to June 15, 2016. Nigeria’s central bank, on that day, announced it would abandon its currency’s dollar peg in preference for a free float of the Naira in an effort to alleviate the chronic foreign currency shortages choking growth in Africa’s biggest economy. Under one week after the announcement, the Naira slumped from the pegged rate of N197/$ to N287/$. Three months down the road, in August 2016, the rate had fallen by an aggregate 61 percent to the dollar. Expectedly, there was bedlam in…
By Abimbola Ogunnaike President Bola Tinubu has promised to effect the immediate review of the pension and severance packages of retired police officers to reflect the enormity of their contributions and commitment to the country. Tinubu also disclosed that his administration will begin processes to issue an Executive Order to set aside a day between March 5 and April 1, to be officially regarded as National Police and Veterans’ Day in the country. Tinubu made the promised during his address at the official launch of the Police Veterans’ Foundation, at the headquarters of the Police Service Commission in Abuja, on…
Transcorp Power Plc, a power subsidiary of Transnational Corporation Plc (Transcorp Group), has listed its shares via introduction on the Main Board of the Nigerian Exchange (NGX), adding more than N1.8 trillion to the market capitalization of NGX and further boosting liquidity in the Nigerian capital market. The listing was celebrated on Monday, 4 March, 2024, with a Closing Gong ceremony and a “Facts Behind the Listing” presentation. Transcorp Power gained 10% on the first day of trading, to close at N264 per share, up from the listing price of N240 per share. The listing of Transcorp Power is further…
By Abimbola Ogunnaike The Benue State Government on Tuesday, 5 March, 2024, confirmed that the death toll from Lassa fever outbreak in nine local government areas of the state has jumped to 13 amid efforts to stem the tide. Recall that at the weekend at least nine people were confirmed dead following the outbreak of Lassa fever in parts of the state. However, four more deaths have been recorded in the past two days, bringing the total to 13. The state Commissioner of Health and Human Services, Yanmar Ortese, made the disclosure at a press conference in Makurdi, the state…
By Abimbola Ogunnaike A 25-year-old man named Babuga Lede, has been ordered by an Ekiti State Magistrate Court presided over by Olubunmi to be remanded in the correctional centre for allegedly killing two traditional rulers in the state. The traditional rulers, the Elesun of Esun Ekiti, Oba David Babatunde Ogunsakin and the Olumojo of Imojo Ekiti, Oba Samuel Olusola, were killed by the gunmen who accosted them; while the Alara of Ara (Ikole), Oba Sunday Fatoba, escaped being killed during the attack along Oke Ako – Irele Road on January 29. While arraigning the suspect on Tuesday, 5 March, 2024,…