By Tony Obiechina, Abuja Minister of Finance, Budget and National Planning Mrs Zainab Ahmed says Nigeria’s economy has evolved stronger over the past years especially during the tenure of President Muhammadu Buhari. Speaking on the sidelines of the United Nations General Assembly, the Minister pointed out that although there has been challenges, the country’s economy has been waxing stronger. She said “This is always a bitter sweet experience. It is bitter because in the short term, government will have to sacrifice its income in the form of tax concessions, import duty exemptions and many other fiscal incentives we use to…
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By Tony Obiechina, Abuja The National Pension Commission (PenCom) has approved the issuance and immediate implementation of the Guidelines on Accessing RSA Balance towards Payment of Equity Contribution for Residential Mortgage by RSA Holders. This was contained in a statement issued on Friday in Abuja by the Management of the Commission. In the statement signed by the Management of the Commission, all stakeholders and the general public, particularly Retirement Savings Account (RSA) holders, are hereby notified of the approval and immediate implementation of the Guidelines on Accessing RSA Balance towards Payment of Equity Contribution for Residential Mortgage by RSA Holders.…
The Magistrates’ court sitting in Wuse Zone 6, Abuja, on Friday ordered that Prof. Zainab Duke be remanded in Suleja correction centre for alleged assault. The News Agency of Nigeria(NAN) reports that the police alleged that Duke grievously assaulted her orderly in company of some accomplices on Tuesday at her residence in Garki, Abuja. NAN reports that the assault was due to the refusal of the orderly to breach professional ethics by carrying out menial and domestic chores at her house.
The Independent National Electoral Commission (INEC) has assured potential voters in the country that the 2023 polls will be free, credible and reflect their expectations. INEC’s National Commissioner in Charge of Planning, Monitoring and Strategic Planning Committee (PMSC), Prof Rhoda Gumus, gave the assurance in Gombe on Friday. Gumus who spoke to journalists on the sidelines of a two-day workshop on Election Monitoring and Support Centre (EMSC) for Heads of Department (HODs) in the Commission, said the 2023 elections would be an improvement on the 2019 elections. According to her, all measures for free, fair and credible elections in 2023…
Former Vice Police Minister, Sun Lijun, was sentenced to life in prison on Friday by the court in the north-eastern Chinese city of Changchun in Jilin province. Sun was sentenced to death but because of his willingness to cooperate, the judge suspended the execution, meaning that the 53-year-old must serve life in prison. According to state media, Sun was at the head of a `political clique` and was described as “disloyal” to state and party leader Xi Jinping. His entourage also included former Justice Minister Fu Zhenghua, 67, who received the same sentence. Three former police chiefs of Shanghai, Chongqing…
Yaba College of Technology (YABATECH) says the security architecture of the institution has been beefed up with the presence of the police to complement its internal security unit. The Deputy Registrar/Head of Public Relations, Mr Joe Ejiofor, said this against the backdrop of the Sept.15 shooting incident in the college that led to the death of a male HND1 Graphics student. The shooting, suspected to have been carried out by cult members, had caused panic among students. Ejiofor, who described the death as painful, told the News Agency of Nigeria (NAN) on Friday that the news came as a rude shock.…
William Glenwright, International Cricket Council’s (ICC) General Manager (Development), is scheduled to visit Nigeria on a tree-day working visit ahead of the U-19 World Cup Division 2 Qualifiers in Abuja. A statement by Emeka Igwilo, General Manager, Nigeria Cricket Federation (NCF), said Glenwright will inspect facilities in Lagos, Edo and Abuja from Sunday to Wednesday. The visit according to Igwilo comes ahead of the ICC men’s cricket World Cup Africa division 2 qualifier taking place in Abuja from Sept.30 to Oct. 9. He said cricket has improved in Nigeria, with the country winning two development awards in the last three…
The apex Igbo socio-cultural organisation, Ohaneze Ndigbo, says the Igbo tradition of presenting kola nut to guests is a sign of hospitality in the area. The group stated this in a communique issued at the end of a one-day seminar by the Chairman of Ohaneze Ndigbo in Nsukka Local Government Area, Prof. Damian Opata, and made available to the News Agency of Nigeria (NAN). It explained that the Igboland attaches some sacredness to the fruit, commonly called “oji”.It stated that the seminar was organised for traditional rulers, president-generals of town unions, scholars and other community stakeholders. It reads amongst others:…
Britain’s economic growth has fallen to a 20-month low as of September as the cost of living affects households and the mourning period for Queen Elizabeth II weighed on activity. According to a closely watched survey, the services and manufacturing sectors had both shrunk so far this month. The S&P Global/CIPS flash British composite purchasing managers index (PMI) gave the economy a score of 48.4, well below what experts had forecast. It is another month of decline following the 49.6 scores in August, but the flash reading is provisional, so September’s final score might still change. It meant that the…
An Ikeja Magistrates’ Court on Friday remanded two men who allegedlyrobbed a man of N4.5 million and an iPhone at gunpoint. The Magistrate, Mrs H. B. Mogaji, did not take the pleas of Abubakar Buhari, 33, and Peter Ogunlade, 25. She said that she needed advice from the state’s director of public prosecution. Mogaji ordered that Buhari, a truck driver, and Ogunlade, an electrician, should be kept in the Kirikiri Correctional Centre. The magistrate adjourned the case until Oct. 5 for mention. The defendants are both residents of Mushin in Lagos State. They are charged with conspiracy to commit robbery…