The State Security Service (SSS) on Monday told a Federal High Court in Abuja that the founder of Indigenous People of Biafra (IPOB) and executive director of Radio Biafra, Nnamdi Kanu, was sponsoring terrorism against Nigeria. Counsel to the SSS, Mosses Idakwo, therefore, prayed the court to disregard a bail application by Mr. Kanu’s counsel, Vincent Obeta, as the matter involving his client was terrorism-related. Mr. Idakwo claimed that the SSS had evidence of bank accounts owned by the accused person where monies (both in dollars and pound sterling) were allegedly used for financing acts of terrorism against the country. He…
Author: Wale Adebayo
Due to the falling price of crude oil in the global markets, Nigerian Government, yesterday, said that it would drop some planned and ongoing oil and gas projects in the country if the unit price of crude oil for such projects fails to hit a set threshold. FG put the threshold at $20 per barrel. Minister of State for Petroleum Resources and group Managing Director of Nigerian National Petroleum Corporation (NNPC), Dr Ibe Kachikwu, made this disclosure at a briefing in Abuja to announce the forthcoming African Petroleum Producers Association’s (APPA) 6th Africa Petroleum Congress and Exhibition (CAPE VI) to be hosted…
The Minister of Solid Minerals, Dr. Kayode Fayemi, has disclosed that President Muhammadu Buhari is concerned about the completion and effective operation of the Ajaokuta Steel Company in Kogi State. Dr. Fayemi, on Monday, during a one day official visit to Ajaokuta Steel Company, said the new government is taking a holistic look at the company to ensure that the steel complex works for the benefit of Nigerians. “I want to let you know that the President is very passionate about the Ajaokuta steel company. We will take a look at the company holistically with a view of making it work for the…
In view of the strict economic policies being put in place by the President Muhammadu Buhari-led administration, the federal government has urged Nigerians to prepare ahead for more austere conditions in the coming year. The Federal government has also planned to in that 2016 budget, reduce the Personnel cost form N1.8 trillion to N100 billion as part of moves to reduce expenditure and save cost. According to the FG, an excess of N1 trillion was spent on fuel subsidy in the year 2015 which include the Nigeria National Petroleum Corporation (NNPC), just as it disclosed that attention would be given to Internally…
Chief Olisa Metuh, who is the National Publicity Secretary of the Peoples Democratic Party (PDP), has debunked reports in a national daily that he warned pro-Biafra agitators to desist from disturbing the peace of the South-East zone. In a statement by Special Assistant to the PDP National Publicity Secretary, Richard Ihediwa, Metuh, who described the report as completely false, said that he never made such a comment at the PDP South East Executive meeting in Enugu. “For the avoidance of doubt what Chief Metuh said on the agitation was that Nigerians have the right to demonstrate as long as they do…
A chieftain of Peoples Democratic Party (PDP), Senator Jim Nwobodo, has denied the allegation that he received N100million from a former Minister of State for Finance, Bashir Yuguda. In a statement issued by his spokesman, John Okoreni, the politician said the reports that he got the money from the former minister were unfounded. According to Senator Nwobodo, he was the Chairman of the Contact Committee of the PDP Presidential Campaign for the Southeast, overseeing Abia, Anambra, Ebonyi, Enugu and Imo States, and he did receive money for the committee’s work. But the N100 million he received was from PDP’s National…
The Osun State chapter of Peoples Democratic Party (PDP), yesterday described the alleged approval of N50million by Governor Rauf Aregbesola for fireworks and Christmas decorations in some major towns of the state as “wasteful spending and misplacement of priority”. Since his administration was inaugurated in 2010, Governor Aregbesola approves funds during festive seasons for adornment of strategic places in Osogbo the state capital and some major towns with lightings decorations and fireworks. But the state has experienced difficult financial constraint in recent times with workers being owed several months of salaries and contractors abandoning project sites, due to paucity of funds.…
Kogi State Governor-elect, Alhaji Yahaya Bello, has promised to embark on rapid industrialization of the state as soon as he is sworn into office in 2016. Alhaji Bello, who made the pledge in a statement issued yesterday by his Media Assistant, Suleiman Abdulmalik, said only a well-coordinated industrial programme could solve the twin problems of poverty and underdevelopment that currently confront the state. The Governor-elect said he was pained that a state like Kogi that is sitting on a vast deposit of variety of raw materials and blessed with enormous human capital, had remained a shadow of its capacity, 24 years after…
The Minister of Transport and immediate past governor of Rivers State, Mr Rotimi Amaechi, on Monday directed the management of the Nigerian Maritime and Administration and Safety Agency (NIMASA) to carry-out an immediate financial and staff audit. He gave the directive during a stop-over at the NIMASA Resource Centre, Kirikiri in Lagos State, as part of his maiden tour of Lagos ports The minister also directed the Acting Director-General of NIMASA, Mr Haruna Jauro, to forward details of contracts awarded so far by the agency to his office for verification. He demanded a detailed financial report of the agency since its inception. “Over…
The governorship ambition of Prof. Ajayi Boroffice, the Senator representing Ondo North Senatorial District on the platform of All Progressives Congress (APC), has received a major boost with the Ondo South Consultative Forum (OSCF) endorsing his aspiration to emerge as the party’s flag-bearer in the 2016 Ondo governorship election. The Chairman of OSCF, Mr. Thomas Akinyomi, while addressing reporters, in Akure, the Ondo State capital yesterday, said: “After extensive and thorough consultation with party leaders and delegates in the six local government areas of Ondo South Senatorial District, we by this means publicly announce our support for the governorship aspiration…