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Femi Falana: EFCC can mandate bank MDs, executives to declare assets
The Economic and Financial Crimes Commission (EFCC) is charged with the responsibility of enforcing the provisions of all laws relating to economic and financial crimes, Africa’s leading human rights lawyer, Mr. Femi Falana (SAN) has said. Consequently, according to the senior advocate, the anti-graft commission is empowered to cause investigations to be conducted into the properties of any person as stipulated under Section 7 (1) (b) of the EFCC Act, 2004. Also yesterday, Transparency International (TI) argued that if the provisions of the Bank Employees, etc. (Declaration of Assets) Act, 1986 were effectively enforced, Nigeria could save between $15 billion and $18 billion illicit financial flows (IFFs) annually. Falana clarified the roles of the EFCC in a response to inquiries on whethe...
Lauren Alaina Tests Positive for COVID-19
“I’m so disappointed I won’t be at the show, but it may help cheer me up a bit if you go and send me videos and pictures,” she wrote. “Please go to the show tonight and celebrate my friends Jon Pardi, Jordan Davis, Travis Denning, and Priscilla Block. Thanks to WAMZ and WBUL for being so understanding.” On her Instagram Stories on Saturday, Alaina checked in with fans to give an update about her symptoms. “I am resting up and trying to feel a bit better,” said Alaina. “Some people have it way worse than me, so I just have a little bit of shortness of breath, a really bad headache, no taste or smell, pretty bad congestion and I feel pretty tired. But I overall feel like it’s going to be OK.” You Deserve to Make Money Eve...
2023: Why South South should produce next president – Edo deputy governor, speaker
Deputy Governor of Edo state, Comrade Philip Shaibu, and Speaker of the State House of Assembly, Hon Marcus Onabun, Saturday said the South-South geo-political zone is ripe to produce the next president of Nigeria and while calling on the leadership of the Peoples Democratic Party (PDP) to zone its presidential candidate slot to the region. The two spoke at an event to celebrate the emergence of Chief Dan Orbih as the South-South national Vice Chairman of the party held at the Benin residence of late Chairman, Board of Trustees (BoT) of the party, Chief Tony Anenih. Shaibu said, “We voted for President Buhari again and he had a second term. South-South must produce the next President of Nigeria. “Chief Dan Orbih being National Vice Chairman South-South of the PDP from our state is not by m...
Katsina approves 5,000 hectares of land for ranching
The Katsina State Government has approved 5,000 hectares of arable farmland for ranching as part of efforts to curb the herders and farmers’ clashes in farming villages and communities across the state. Governor Aminu Bello Masari, who disclosed this during the 46th annual conference of the Nigerian Society for Animal Production held at the Federal University Dutsin-ma (FUDMA), Katsina, said ranching system will enable the children of herders to have qualitative education. He said that the only solution to the herdsmen and farmers crisis bedevilling some parts of the country is the establishment of ranches in the states, hence the provision of the 5,000 hectares of land. Masari, represented by his Special Adviser on Livestock and Grazing Reserve, Dr. Lawal Bagiwa, explained that apart from...
Minister confirms new date for National Sports Festival
The ministers of youths and sports development, Sunday Dare, yesterday confirmed April 2nd to April 14th as the new date for the 20th National Sports Festival to kick-off. He made the announcement during a visit to the Edo State Government House in Benin City, the Edo State capital. He also announced that Edo State will be used for the National Camp in preparation for the 2020 Tokyo Olympic Games taking place later this year. Dare said further that the Federal Government is determined to go ahead with the Unity Games which is the sequel to participation at the Tokyo Games. However, he noted that due to logistics under the circumstances occasioned by the COVID-19 pandemic, the number of athletes has been reduced from 14,000 to 8,000 athletes. Edo State Governor Godwin Obaseki in response as...
Alex Lahey Shreds on Cover of Faith Hill’s “This Kiss”: Stream
Australian indie rocker Alex Lahey has shared her own take on Faith Hill’s classic 1998 hit, “This Kiss”. Stream the cover below via Amazon Music. For her version of the country pop ballad, Lahey slightly speeds up the tempo and replaces the acoustic guitar with an electric. The cover transforms “This Kiss” into a straightforward rock tune and it absolutely shreds. “For years, I’ve had this big idea of doing an indie rock cover of Faith Hill’s ‘This Kiss,’ Lahey shared in a statement. “Two key changes, that iconic chorus, a million vocal harmonies — what more could you want? It was such a treat pulling this together with my mates Oscar and Jess as we navigated the depths of Melbourne’s lockdown last year and I’m so stoked that Amazon Music are putting it out perfectly timed with ...
Ekiti governor’s wife calls on government to remove tax on sanitary pads
The wife of Ekiti State Governor, Mrs Bisi Fayemi, has called on government to remove taxation on sanitary pads and engage in its local production to make it less expensive. She said this on Thursday at the inauguration of project P4iGC3, Pad for Improved Girl Child Education, by Balm in Gilead Foundation For Sustainable Development, BIGIF in Ado-Ekiti. Mrs Fayemi explained that such government’s policy was needed to promote the girl-child upbringing and keep them in school. “In rural areas, women do not have access to sanitary products. It is safe to say that one in every three girls in the country cannot afford safe and hygienic sanitary pads for proper menstrual hygiene management” she said. She also called for the sensitisation of adolescent girl child on menstrual health management to...
WTO chief warns against Nigeria’s continued reliance on oil & gas
Dr. Ngozi Okonjo-Iweala, Director General of World Trade Organisation (WTO), has warned of Nigeria’s continued reliance on crude oil and gas as the major source of revenue to the government. Okonjo-Iweala sounded the warning on Wednesday in Abuja at a meeting with Women Entrepreneurs in Nigeria held at the headquarters of the Nigerian Export Promotion Council (NEPC). She urged the government to transit from oil and gas based economy to other non-oil sectors. She pointed out that unless Nigeria diversifies her economy, it would be left behind by other countries. She said, “I have kept on harping that Nigeria should transit from oil and gas based economy to producing in other non-oil sector. “This is because of the climate change. Fossil fuels which are oil and gas, that Nigeria depends on, ...
2023: PDP panel throws presidential tickets open
File Photo Amidst thinking from many stakeholders that North-East and South-East geo-political zones that have had the shortest stints at the Presidency, should be given special consideration, the Peoples Democratic Party (PDP) panel has thrown open the 2023 presidential ticket. The governor of Bauchi state and Chairman, PDP 2019 election review committee, Bala Mohammed, gave this recommendation on Wednesday while submitting the report of the committee to the party leadership. The Governor said: “In line with certain unwritten conventions of the nation’s history, many people think that, for fairness and equity, the North East and South East geo-political zones that have had the shortest stints at the Presidency, should be given special consideration, in choosing the presidential flagbearer...
National Assembly members agreed not to be hostile to Prudent Buhari’s government – Senate spokesman
The current 9th National Assembly members all agreed that they will not have an acrimonious relationship with President Muhammadu Buhari’s government, unlike the 8th Assembly under Bukola Saraki and Yakubu Dogara. Spokesman of the senate, Senator Ajibola Bashiru, who represents Osun Central disclosed this in an interview published in newsmen on Wednesday while responding to claims that the current national assembly is a rubber-stamp that is always quick to do the bidding of the executive. He said “I don’t know the basis for your question, but what I do know is that at the inception, there was an agreement among the lawmakers that we do not want an acrimonious relationship between the Executive and the Legislature”. “All of us witnessed how such a relationship worked against the interest of...
NDLEA rues over shipment of illegal cargoes through Nigeria’s seaports
The National Drug Law Enforcement Agency, NDLEA, has said some ships and their crew bring in illegal consignments from the port of origin into the country. NDLEA also hinted that the shipments are perfected by at the Nigerian end of the transaction by collaborators on arrival at the nation’s ports. Disclosing this in Lagos at the Joint Vessel Boarding Meeting held in Lagos, Assistant Area Commander, NDLEA, Mercy Thompson, noted that the recent drug seizure made at Tin-can Island Port by the Agency was also brought in the same way. She, therefore implored ship crew members to cooperate with representatives government agencies boarding vessels, while complaining that most times the ship captains and their crew refuse to come out to meet them while other times the crew are very uncooperative....
Coronavirus: CBN doubles loan disbursement to N300 billion – bank governor
The Central Bank of Nigeria (CBN) says it plans to double the Targeted Credit Facility (TCF) from the initial N149.21 billion to N300 billion following the resounding success recorded in the disbursement of the Covid-19 loans to the applicants. In his keynote address at the 2nd virtual seminar for Finance Correspondents and Editors at the weekend, the Governor said the Bank took the decision in order to accommodate many more beneficiaries as well as boost consumer expenditure which would positively stimulate the economy. He disclosed that the CBN initially created a N150 billion Targeted Credit Facility (TCF) for affected households and small and medium enterprises through the NIRSAL Microfinance Bank, adding that already, N149.21 billion has been disbursed to 316,869 beneficiaries. “Given...