The Minister of Transportation, Mua’zu Sambo said that the Federal Government did not pay any ransom in securing the release of the kidnapped victims of March 28 Abuja-Kaduna train attack. Sambo told newsmen on Friday in Abuja that “no kobo was paid in exchange for the release of the last 23 hostages and other ones as well.” The minister said that President Muhammadu Buhari’s led administration had zero tolerance for ransom payment. “In matters that involve national security and intelligence, it is not appropriate to review exactly what measures has been taken in order to secure release of hostages of…
Author: tech
A Federal High Court (FHC), Abuja, on Friday, struck out a suit filed by leader of the proscribed Indigenous People of Biafra (IPOB), Nnamdi Kanu, against the Chief Judge, Justice John Tsoho. Justice Inyang Ekwo struck out the suit following an oral application made by Kanu’s counsel, Ifeanyi Ejiofor, to withdraw the suit. When the matter was mentioned, Ejiofor, who held the brief of Chief Mike Ozekhome, SAN, indicated his interest to withdraw the case, following which the judge struck out the matter. The News Agency of Nigeria (NAN) reports that Kanu, through his lawyer had filed the suit marked:…
Iranian authorities have denied reports that security forces killed a 16-year-old girl during protests ignited by the death of a woman in police custody. Iranian media reported on Friday, saying she committed suicide by falling off a roof. Social media reports and rights group Amnesty International said that Sarina Esmaeilzadeh was killed by security forces when she was struck with batons on the head during protests over the death of 22-year-old Mahsa Amini in morality police custody. Authorities earlier this week gave a similar cause of death as falling off a roof for 17-year-old Nika Shakarami, who activists say was killed in…
Housing sector investment guru, My-ACE China, popularly known as Mayor of Housing, has warned Nigerians including politicians and those in authority not to miss the upcoming opportunity to pull Nigeria back from the brink. This is as he feared that the Nigerian economy may enter its worst stages in 2023 if the elections failed to meet the expectations of the masses. China, who is behind latest estate developments in Port Harcourt including the Alesa Highland, spoke on the sidelines of the 6th Annual General Meeting of the Guild of Online Publishers (GOCOP) in Lagos. The acclaimed Real Estate success strategist…
The Senior Pastor of the Christ Livingspring Apostolic Ministry (CLAM), a prayer and deliverance ministry based in Omole, Lagos, Pastor Wole Oladiyun, on Wednesday announced that the Ministry has decided to spearhead the involvement of the country’s education stakeholders in the protracted crisis between the Federal Government and the Academic Staff Union of Universities (ASUU). It will be recalled that ASUU has been on strike since February 2022 forcing students to stay at home, idling away, angry and frustrated. Efforts by both parties to resolve the crisis have been abortive, with the Federal Government, during the week, recognizing and endorsing…
By Tony Obiechina, Abuja The Bureau of Public Enterprises (BPE) is to fund the deficit in the 2023 Nigeria’s Budget with N206.18 billion through Privatisation Proceeds, President Muhammadu Buhari has disclosed. Presenting the 2023 budget estimates totalling N20.51 trillion and tagged: Budget of Fiscal Consolidation and Transition to the joint session of the National Assembly in Abuja on Friday, October 7, 2022, the president gave other sources of funding the deficit to include new borrowings totalling N8.80 trillion and N1.77 trillion drawdowns on bilateral/multilateral loans secured for specific development projects/programmes. The proposed N20.51 trillion Naira 2023 expenditure comprises: Statutory Transfers…
Members of Methodist Church Nigeria Men’s Fellowship have urged well meaning individuals and corporate organizations to do whatever within their means to persuade the President Muhammadu Buhari Administration to end the prolonged Strike by the Academic Staff Union of Universities, (ASUU). According to a communique issued by the National Public Relations Officer, (NPRO) of Methodist Men’s Fellowship, ‘Tunde Babalola JP, “this is necessary to salvage the nation’s education sector from total collapse.” Rising from her four-day National Executive Committee (NECO) meeting held at the Holy Trinity Cathedral, Okigwe, Imo State, Methodist men said, “NECO in session frowned at the attitude…
Globacom, the telecom industry transformational leader, has announced the commencement of its payment service bank business with the official launch of MoneyMaster PSB on October 6, 2022. The PSB commenced commercial operations on May 30, 2022. A statement released by the company noted that “our over-arching business objective remains to empower Nigerians by providing them with unlimited opportunities. MoneyMaster extends that objective as it targets the unbanked and under-banked with G-Kala its flagship product in order to deepen financial inclusion in Nigeria.” MoneyMaster PSB was granted a payment service bank license by the Central Bank of Nigeria (CBN) on August 27,…
The Nigerian Communications Commission (NCC) says its Strategic Vision Implementation Plan (SVP) 2021 -2025 unveiled on September 7, 2021 was meant to speed up Broadband penetration, 5G deployment and rapid development of telecom infrastructure in Nigeria. Professor Umar Danbatta, Executive Vice-Chairman/CEO, Nigerian Communications Commissions (NCC) said at the 2022 Annual Conference of the Guild of Corporate Online Publishers (GOCOP) in Lagos that the SVP 2021-2025 Plan has five major items namely: · Organisational Renewal for Operational Efficiency and Regulatory Excellence; · Facilitating the Provision of Infrastructure for a Digital Economy which fosters National Development; · Promoting Fair Competition, Inclusive Growth,…
By Tony Obiechina, Abuja President Muhammadu Buhari on Friday presented a record N20.51 trillion 2023 appropriation bill to the joint session of the national assembly. The budget is christened ‘Budget of Fiscal Consolidation and Transition’. The national assembly had approved the medium-term expenditure framework (MTEF) and fiscal strategy paper (FSP) — parameters on which the 2023 budget will be framed. While presenting the details, Buhari said the 2023 transition budget was designed to address critical issues and lay a solid foundation for the incoming administration. He said that based on the parameters and fiscal assumptions, the revenue generation should hit…