State
US sanctions Chinese, Russian firms over Iran dealings
The US on Friday announced economic sanctions on Chinese and Russian companies that Washington said had supported the development of Iran’s missile program. The four firms, accused of “transferring sensitive technology and items to Iran’s missile program,” will be subject to restrictions on US government aid and on their exports for two years, Secretary of State Mike Pompeo said in a statement. The sanctions, imposed Wednesday, were against two Chinese-based companies, Chengdu Best New Materials and Zibo Elim Trade, as well as Russia-based Nilco Group and Joint Stock Company Elecon. “We will continue to work to impede Iran’s missile development efforts and use our sanctions authorities to spotlight the foreign suppliers, such as these entities in the PRC (China) and Russia, that provide mi...
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 ...
Lagos government plans internship programme for young graduates
The Lagos State Government on Friday said it was planning a six-month Internship Programme for 4,000 young graduates in the state. Lagos State Governor, Mr. Babajide Sanwo-Olu said this during the inauguration of a 28-room Administrative Block constructed by Agboyi-Ketu Local Council Development Area. Sanwo-Olu said that the 4,000 fresh graduates would be paid a monthly stipend of N40,000 for the six months programme, adding that there was an urgent need for government at all levels to prioritise youth development, empowerment and mentoring. According to him, the recent EndSARS protest must be seen as a wakeup call for government at all levels to do more for young people who are demanding for better opportunities and engagements. ”As we prepare for a new fiscal year, let us ensure that ade...
Ondo governors’s chief of staff’s wife kidnapped
Barely 24 after a first-class traditional ruler was murdered in Ondo, the wife of the Chief of Staff to the Ondo state governor, Chief Olugbenga Ale has been abducted by suspected gunmen. Vanguard gathered that Mrs Ale was abducted at Owena in Idanre council area of the state on Thursday night. A source said that the victim was returning from Lagos to Akure when she was abducted by the bandits who laid siege on the highway and took her into the forest. Vanguard was unable to confirm if other occupants in the vehicle in which she was travelling were kidnapped or escaped into the bush. A top government source who confirmed to Vanguard said ” it is true that the woman was abducted at Owena along Ondo Road. “The case has been reported to the security agencies especially the Amotekun and army t...
Governor Akeredolu: We are in a serious security crisis
Governor Rotimi Akeredolu of Ondo state has said that the murder of the first class traditional ruler in the state, the Olufon of Ifon, Oba Isreal Adewusi was an indication that the country was in a serious security crisis beyond the ordinary. Akeredolu who led a top government delegation to the affected area on Thursday night described the murder of the monarch as heinous. A statement by the information and Orientation commissioner Donald Ojogo said “With a heavy heart, the Ondo State Government hereby confirms the unfortunate incident around Elegbeka, Owo-Ifon road in Ondo State to be true. Truly, Ondo has lost a great one-a deep cut, too sad. “This is a heinous crime, an incident which has, again, confirmed that we are indeed, in a serious security crisis beyond the ordinary. “Already, ...
Bishop: Peter Obi always supportive, shows true leadership
The Bishop of Amichi Diocese, Anglican Communion, Bishop Ephraim Okechukwu Ikeakor, has described the Vice Presidential Candidate of the Peoples Democratic Party (PDP) in the 2019 elections, Mr. Peter Obi, as one who has remained supportive to the growth and development of College of Nursing Sciences, Diocesan Hospital, Amichi, Enugu State. Bishop Ikeakor, who is also the proprietor of the College, was speaking when Obi visited the College on Wednesday, November 25. He said that Obi had always showed true leadership even when not occupying any political office. Bishop Ikeakor urged other political leaders to emulate the kind disposition of Obi and continue to invest positively in society. “Obi has always showed strong support, both financial and otherwise, not just to our college, but to e...
Kano governor orders compulsory drug test for council election contestants
Governor Abdullahi Ganduje of Kano State has directed all cleared contestants in the forthcoming local government elections scheduled to hold January 16 to be subjected to a compulsory drug test. The state commissioner for information, Muhammad Garba, disclosed this on Thursday while briefing journalists on the outcome of the state Executive Council Meeting held at the Government House, Kano. According to Garba, the decision was part of the government’s policies to rid Kano of illicit substance abuse. He reaffirmed the administration’s commitment to tackle drug abuse among political leaders. He said the government would not hesitate to issue necessary disciplinary measures against ”anyone found with the trace of illicit substance including a compulsory recommendation for rehabilitation”. G...
Governor Wike: Nigeria’ll be on fire if President Buhari fails to restructure
Rivers State Governor, Nyesom Wike, has stated that the nation would be on fire if President Muhammadu Buhari fails to use the available opportunity to restructure the nation, urging the president to heed the clamour for fiscal federalism and restructuring to douse brewing tension in the country. The governor also advised the president to genuinely address the concerns and grievances expressed by stakeholders in the South-South and those of other geopolitical zones during the meeting with federal government delegation led by Chief of Staff to the President, Professor Ibrahim Gambari. Wike, who spoke Thursday on a television interview tasked the President to use the opportunity to address pressing issues affecting the stability of the country. Wike said: “President Buhari, has an opportunit...
Group rejects South-South governors desire to control NDDC
A Niger Delta group, Vanguard for Transparent Leadership and Democracy (VATLAD), has condemned the desire of South-South governors to control the affairs of Niger Delta Development Commission (NDDC). The group described as untrue governors’ claim that their demand for control is borne out of concerned about the rot in the NDDC. In a statement by Comrade Igbini Odafe Emmanuel, national president, the group reminded South South governors that their continued failure to utlilise oil derivation funds and other funds acruing to their states sparked the agitation for the establishment of NDDC, which “will operate independently and without direct or indirect interference or control by our state governors or their agents.” It described as insulting threat by South South governors over NDDC, queryi...
Joe Biden urges Americans to be safe during holiday, fight coronavirus pandemic
U.S. President-elect Joe Biden on Wednesday pleaded with Americans to take steps to remain safe as COVID-19 cases surge on the eve of the Thanksgiving holiday and pledged again to make combating the pandemic a top priority when he takes office in January. “I believe you always deserve to hear the truth from your president. We have to slow the growth of this virus. We owe it to the doctors and the nurses and the frontline workers … We owe it to our fellow citizens,” Biden said. He urged people to forgo big family gatherings, wear protective masks and maintain social distancing. “I know we can and we will beat this virus,” Biden added, acknowledging that Americans are feeling pandemic fatigue. “Life is going to return to normal. I promise you. This will happen. This will not last forever.” T...
Senate moves to make law schools beneficiaries of education tax fund
The Senate has begun moves to ensure that all the Nigerian Law Schools are beneficiaries of Education tax funds with the amendment of Tertiary Education Trust Fund Act 2007. Consequently, the Senate has come up with ” A bill for an Act to amend the Tertiary Education Trust Fund Act 2007.” The Bill Scaled second reading yesterday in the Senate. In his lead debate on the bill, Senator Micheal Opeyemi Bamidele, APC Ekiti Central, sponsor of said that the bill which was read for the first time on the floor of the Senate on Thursday, 28th May, 2020, seeks to amend sections 4, 7 and 20 of the Tertiary Education Trust Fund (Establishment, Etc.) Act, 2011 (hereinafter referred to as the “principal Act”) He said that amendment also seeks to add the Nigerian Law School, as one of the benefiting tert...
Governor Lalong: 2020 NAFEST confirms return of peace in Plateau
Plateau State governor, Simon Lalong Bako, has stated that the hosting of the 2020 Jos National Festival of Arts & Culture (NAFEST) is a confirmation that peace has been restored in the state as he also restated his conviction in the need for regulation of the social media. The governor spoke yesterday at the opening ceremony of the 2020 NAFEST titled “Post Covid-19 and Cultural Dynamism” taking place in Jos, Plateau State. The governor who extolling the abundant resources in the state said “Plateau State is home of peace and tourism. We remain a state that is endowed with the best weather condition comparable to none in Nigeria, which explains why Plateau remains the destination of choice for many who desire to partake in its potentials such as rich arable soil, breathtaking tourism d...
