The Minister of Youth and Sports Development, Sunday Dare, has said the Federal Government was given a bill of N81 million to cut the Moshood Abiola National Stadium in Abuja. He said this in a series of tweets on Sunday. According to Dare, the sports ministry rejected the bill. The minister explained that fund was not available, adding that there would be an outcry if Nigerians were told that N81 million was used to cut grass. He tweeted, “The ministry was given a bill. The Ministry did not accept. It will be detrimental to spend such an amount. And it can be better invested. “If we tell Nigerians we used N81m to cut grass, which is not even available, there will be an outcry. “The funds are not really there for us and that is why we are partnering with private investors to bring back the...
File Photo The National Insurance Commission (NAICOM) has granted operating licenses to four insurance firms and one reinsurance company to operate in the nation’s insurance industry. The four insurance firms are Heirs Insurance Limited (General); Stanbic IBTC Insurance Limited; Heirs Life Assurance Limited; Enterprise Life Company Nigeria Limited; and FBS Reinsurance Limited. The Commissioner for Insurance, Sunday Thomas, while presenting the licenses to the companies in Abuja, said that they have met the statutory requirements to carry out insurance business in Nigeria. Meanwhile, Heirs Insurance Limited (general) has appointed Olaniyi Stephen Onifade as its Managing Director; Stanbic IBTC Insurance Limited appointed Akinjide Orimolade as Managing Director; Heirs Life Assurance Limited a...
Air Task Force of Operation Lafiya Dole has knocked out more hideouts of the Islamic State of West Africa Province (ISWAP) terrorists, killing scores in Borno, Defence Headquarters says. The Coordinator, Defence Media Operations, Maj.-Gen. John Enenche, disclosed this in a statement on Saturday in Abuja. Enenche said the air raids were conducted on Friday at Ngwuri Gana, along the Gulumba Gana-Kumshe axis and Tumbuma Baba on the fringes of Lake Chad, both in the Northern part of Borno. He said the air strikes were conducted under a new subsidiary Operation, tagged “Wutar Tabki II”. According to him, series of aerial surveillance missions had indicated that the two locations were being used as staging areas where ISWAP leaders and their fighters meet to plan and launch attacks. He said the ...
Justice Okon Abang of the Federal High Court, Abuja, yesterday, on grounds of “good behaviour”, admitted Senator Ali Ndume to bail over his suretyship for former Chairman of the defunct Pension Reform Task Team, Mr. Abdulrasheed Maina. Maina, who is standing trial on a 12-count charge of alleged N2 billion money laundering, was assumed to have jumped bail following his failure to appear in court for his trial on four different adjournments. It would be recalled that Justice Abang had admitted Maina to bail in the sum of N500 million and a surety in like sum, who must be a serving Senator and must attend every court proceedings relating to the matter. Ndume had stood surety for Maina in his alleged money laundering trial and was consistent in attending Maina’s trial until sometime in Septem...