Home » Stabilising

Stabilising

Sheikh Gumi: Nigerians’ll regret it if Isa Pantami is removed

Renowned Islamic Scholar, Sheikh Ahmad Gumi, says Nigerians will regret it if embattled Minister of Communications and Digital Economy, Isa Pantami, is removed from office. Gumi, who recently met with former President Olusegun Obasanjo and recommended special courts to try bandits and kidnappers, also said the country needed more people like Pantami in government. The controversial cleric spoke on Monday in an interview with Roots TV monitored by newsmen. He said, “All his (Pantami’s) actions, one hundred percent, shows he is not a terrorist. Those who are terrorists are after his life. The minister should continue. His presence there is fighting the terrorist ideology. “Show me one person he has killed. He has not killed anybody. He has not ordered the killing of anybody. The man is stabi...

Rivers governor urges media practitioners to report objectively

Gov Nyesom Wike of Rivers on Tuesday urged media practitioners to be more circumspect while reporting issues that could further polarise the country. Wike gave the advice in Port Harcourt at a meeting held to reconcile Gov Samuel Ortom of Benue and his Bauchi State counterpart, Bala Mohammed. He advised media houses to play a role in stabilising the peace and unity of Nigeria. “The press should have a role to play in stabilising the country; it is not everything you must report. You don’t try to escalate things and when you do that you are not helping the country,” he said. Wike thanked the two governors for amicably resolving their differences. “We give God the glory today that the differences have been sorted out,” he said. Similarly, Ortom thanked Wike and Gov Ahmed Fintiri of Adamawa f...

Air passengers decry upsurge in fares, seek urgent attention to roads, railway

Nigerians, who travel by air, have decried the “sudden” upsurge in air fares and urged the Federal Government to intervene to avoid poor patronage that could dwindle the fortunes of the aviation industry. Newsmen report that the air fares shot up by about 100 per cent in the last one week, with some airline operators even raising their fares by as much as 120 per cent or more. At Nnamdi Azikiwe International Airport, Abuja, the fare from Abuja to Lagos, which was N35,300 (Economy Class), rose to between N70,000 and N75,000. Newsmen found that Business Class travellers were charged between N100,000 and N120,000, depending on the airline. Our correspondents, who visited other airports across the country, found that the rise in airfares was the same, a situation that forced some passengers to...

Nigerian government seeks new Eurobond

The federal government yesterday disclosed that it would approach the Eurobond market next year in its effort to shore up the economy, amidst cocktails of measures being put in place to douse the effects of the Covid-19 pandemic on the economy. On the same day, Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, while speaking at the 55th Annual Bankers Dinner organised by the Chartered Institute of Bankers of Nigeria (CIBN) in Lagos, predicted a two per cent growth in the country’s Gross Domestic Product (GDP) in 2021. Finance Minister, Zainab Ahmed, who disclosed the Eurobond plan while speaking on Bloomberg TV, explained that the decision would depend on the prevailing interest rates. She, however, did not specify the amount to be accessed from the Eurobond. The Eurobond option is ...