A civil society organization, Centre For Socio and Economic Justice, has lodged a complaint with the Central Bank of Nigeria (CBN) against First Bank of Nigeria, alleging funds diversion amounting to N550 million. The centre has called on the CBN to revoke First Bank’s license due to unsafe practice. In a letter dated, Wednesday, 29 May, 2024, the Director of the Centre, Barrister U. I. Mohammed, claimed that a customer of the bank, Dr. Agbai Eke Agbai, had his funds illegally diverted, misappropriated, and fraudulently taken by the bank. Dr. Agbai, a dedicated customer, held Fixed Deposit Account numbers 6924010002639…
Author: The Gazelle News
By Bello Aminu Despite cynical analysis of the power sector by critics, Bello Aminu argues that the president is making steady progress in the complex industry To be sure, Nigeria’s power supply crisis is a multi-decade, multi-faceted challenge, defying even some of the country’s most respected public figures who were picked in the past to oversee the sector. A deputy minister who once headed the ministry said in 2012 that Nigerians must resolve to exorcise the ‘evil spirit’ preventing the country from making headway in its efforts to banish darkness from the government. Ultimately, she left the country in more…
I have received yet another disheartening news of the killing of five soldiers by suspected militants of the proscribed terrorist organization, IPOB. The slain soldiers were on peacekeeping duty in Aba, Abia State on Thursday when they were murdered, just two months after a similar tragic incident happened in Okuama in Delta state. These unwarranted barbaric and evil acts stand condemned and should never be condoned and tolerated in our country. Our soldiers and the police have the onerous duty to protect all of us from aggressors and non state actors. Hundreds of them have paid the ultimate price in…
By Tunde Rahman But for the ministerial presentations on the achievements of the President Bola Tinubu administration in its first year, christened Ministerial Sectoral Update, which began on Tuesday, 21 May, 2024 at the National Press Centre in Abuja, many may not have known or appreciated the quantum of work that has been done by the government within such a short period of one year in office. This piece is not really about the re-engineering work that is being done on the economy, which is now recording a gradual growth. For instance, according to the National Bureau of Statistics, the…
By Bayo Onanuga One year after being in the saddle, President Bola Ahmed Tinubu will be the first person to admit that the ride has been bumpy. He is also the first to say he is unfazed by the turbulence as he remains focused on the marathon of the next three years. The past year has been months of baby steps, months of laying the foundations for the next three years of canter. As Nigeria’s 16th President, Tinubu, during his campaign for the office, said he would make difficult decisions and that running the country would not be business as…
President Bola Ahmed Tinubu will not give a broadcast to the nation on Wednesday, 29 May, 2024, to celebrate his first anniversary as the leader of Nigeria. Instead, the President will address a joint session of the National Assembly, which has lined up a programme to commemorate 25 years of the nation’s democratic journey at both the executive and legislative levels. President Tinubu’s speech will dwell on the achievements of his administration and Nigeria’s democracy since the military ceded power in 1999. Former Senate President, Senator David Mark, former Speaker of the House of Representatives and now President Tinubu’s Chief…
The Kogi State Governorship Election Petitions Tribunal has affirmed the election victory of Gov. Usman Ododo of All the Progressives Congress (APC). The three-member panel, sitting in Abuja, on Monday, 27 May, 2024, held that the petition against the victory was bereft of substance and accordingly dismissed. The tribunal headed by Justice Ado Birnin-Kudu, further held that the petitioners; the Social Democratic Party (SDP) and its candidate, Murtala Ajaka, failed to prove the allegations of over-voting and non-compliance with the Electoral Act, 2022 in the petition. The panel, in a unanimous, decision ruled that all the witness evidence filed before…
President Bola Tinubu has directed a total and comprehensive review of the recently announced governing boards of tertiary institutions in Nigeria before the inauguration and retreat being planned for the nominees. The Federal Ministry of Education recently released names of nominees for chairmen, Pro-Chancellors, and members of the boards and councils of universities, Polytechnics, and colleges of education. It also announced that the inauguration and retreat for the nominees will take place on Friday, 31 May, 2024. However, public reactions showed that the nominations did not reflect the federal character of the country as some states got just one nomination,…
The Troost Ekong Foundation has announced a partnership to have Propel Sports Africa as its official broadcast streaming partner. In a statement the foundation floated by the Super Eagles captain, William Troost Ekong said, “The Troost Ekong Foundation is pleased to announce a collaborative partnership with Propel Sports Africa, a leading sports media company. This partnership will see Propel Sports Africa, along with its affiliate African Sport Network (ASN), become the official streaming and broadcast partner for the Troost Ekong Foundation activities and event”. Ekong personally expressed his enthusiasm for the partnership, saying, “I have been incredibly impressed by Propel…
The Speaker of the Lagos State House of Assembly, Rt Hon Mudashiru Ajayi Obasa, has lost his father, reports thegazellenews.com. Alhaji Sulaiman Obasa, thegazellenews.com learnt, died early Tuesday, 21 May, 2024. The news of the death was broken by the Secretary of the Orile Agege Local Council Development Area chapter of the All Progressives Congress (APC), Fatai Olagoke Ajibola, via a statement. According to the statement, the late Alhaji Obasa will be buried evening of Tuesday, 21 May, 2024, in accordance with Islamic injunctions. “The venue of the Janazah prayer will be communicated in due course,” Ajibola, also Special Adviser…