The Federal Government, Wednesday, has removed subsidy on Premium Motor Spirit (PMS),it will now sell for N145 per litre.
We Are Working Hard to Revamp Economy – Adeosun
Finance Minister, Kemi Adeosun says the Federal Government’s economic team is working hard to reflate the economy and also to improve the lives of Nigerians. She said the economic team is competent, hardworking and would turn the economy around. She spoke on Sunrise, a programme on Channels TV. Responding to a question that Nigerians were not feeling the presence…
UBA To Expand To 25 African Countries
The just concluded Senior Leadership Forum of the United Bank for Africa, UBA, Group, has been described as a reflection of the strategic importance and growth potential of its pan-African business. The forum, convened by Tony O. Elumelu, Group Chairman of the bank, reviewed the impressive growth that the bank’s African network has made over…
Violence Erupts In Eleme
Several people were shot on Saturday while a commercial bus was burnt down during the legislative elections in shortly before accreditation began. A group of young men had come in the bus and stopped at the centre of the town where people were gathered for accreditation. The young men jumped out of the bus and started…
Finance Ministry Confirms Suspension Of PTAD Boss
The Federal Ministry of Finance on Friday confirmed the indefinite suspension of the Executive Secretary/Director General of The Pension Transitional Arrangement Directorate, PTAD, Nellie Mayshak and three other senior staff of the directorate. The suspension order came from Kemi Adeosun, Finance Minister. A director from the office of the Accountant-General of the Federation has been appointed as acting Executive…
Turkey Offers Scholarships To Nigerian Students
The Turkish government, through its administration for Turks living abroad and related communities, has opened a portal to admit the applications for schorlarships for 2016-2017 academic year. Yusuf Selcuk, the deputy chief of mission, Embassy of Turkey, Abuja, explained that the initiative, which ends by the end of March 2016, include both scholarship and university…
NJC Freezes Judge’s Career
A judge of the Lagos division of the federal high court has been penalized for misconduct. The judge, Rita Ofili-Ajumogobia will not earn any promotion throughout what is left of her career on the bench. Soji Oye, acting director of the National Judicial Council, NJC, the body responsible for the appointment and discipline of judges…
Can Sheriff Save PDP?
The choice of Ali Modu Sheriff as the chairman of the Peoples Democratic Party has its strong points but can the party overcome the negatives? The Peoples Democratic Party, PDP, last week ended its leadership tussle when it chose Ali Modu Sheriff, a former governor of Borno State as its substantive chairman. It was not…
Corruption Super Highway
Whispers of corruption, involving the disappearance of N2.3 billion compensation for beneficiaries in the Eket Urban subsection of the Section 1V of East-West Road since 2009, and intrigues dot the now frozen project. Each time it is in the news, it raises jeers like the mixed feelings associated with the pace of development projects…
Abba Moro The Ex-Minister Arrested By Efcc
The Economic and Financial Crimes Commission on Monday arrested a former Minister of Interior, Abba Moro, over the Nigerian Immigration recruitment scam in which no fewer than 20 job seekers lost their lives. Also arrested by the anti-graft agency were former Permanent Secretary in the ministry, Anaesthesia Nwaobia, and a deputy director who allegedly…