*Removal of 10 percent oil-producing funds, invitation to anarchy – IYC *Naira stable at N321 to Dollar at parallel market

*Removal of 10 percent oil-producing funds, invitation to anarchy – IYC *Naira stable at N321 to Dollar at parallel market



Removal of 10 percent oil-producing funds, invitation to anarchy – IYC

The umbrella body of Ijaw youths, the Ijaw Youth Council Worldwide, has warned the Federal Government against the removal of the 10 per cent oil-producing communities fund from the Petroleum Industry Bill.
The IYC in a statement on Monday by its spokesman, Eric Omare, said the alleged plan to remove the funds was a grand conspiracy against the people of the oil producing areas of the Niger Delta region and an invitation to anarchy.
In rejecting the decision, the IYC said the action clearly showed the insensitivity of the Muhammadu Buhari administration to the sufferings of the oil-producing communities of the Niger Delta. Read more

Naira stable at N321 to Dollar at parallel market

The Naira on Monday continued to exchange at N321 to the Dollar at the parallel market.

The News Agency of Nigeria (NAN) reports that the nation’s currency has maintained this value since April 1. The Naira, however, slide against the Pound Sterling and Euro as it traded for N445 and 355 respectively, from N457 and N357 it traded last week. Read more

Kidnapping: IG orders mass transfer of Kaduna policemen

The Inspector-General of Police, Solomon Arase, has directed the Assistant Inspector-General of Police in charge of Zone 7,  Ballah Nasarawa, to relocate to Kaduna State to tackle the incessant kidnappings and other violent crimes in the state.

The IG also directed that police officers who had served in the state command for a period of six years and above be transferred out of the command with corresponding replacement. Read more

Minister to Bayelsa APC faction: Blackmail won’t distract me

The  Minister of State for Agriculture, Senator Heineken Lokpobiri on Monday said no amount of blackmail would distract him from discharging his functions in the cabinet of President Muhammadu Buhari.

Lokpobiri said all the allegations against him by the suspected faction of the state Executive Committee of the All Progressives Congress (APC) led by the party’s state Chairman, Chief Tiwe Oruminighe were laughable and baseless. Read more

Nigerian Military Rescues 275 Hostages, Clears More Boko Haram Enclaves

The Nigerian military has rescued about 275 hostages and dislodged terrorists’ remnants from their enclaves in parts of Borno State.

In the latest offensive, the troops also killed 15 terrorists, arrested six others and recovered several items and weapon making materials. Read more

Ambode is a clever governor – Utomi

Renowned economist and public commentator, Professor Pat Utomi has described Lagos State Governor, Mr. Akinwunmi Ambode as a man with a lot of substance who is administering the state methodically and is very sensitive to important things. Utomi, who spoke in an interview with newsmen shortly before delivering a keynote address at the unveiling of the Office of Overseas Affairs and Investment otherwise known as Lagos Global, said from his assessment of the Governor so far, “the man is governing the state with the mindset of an accountant, and that informed why he was being methodic and concentrating on getting things done”. Read more

Fuel scarcity: Hoodlums batter NNPC official at mega station

A sales representative of the Nigerian National Petroleum Corporation, Mr. Wale Olayinka, narrowly escaped death as hoodlums allegedly led by one ‘The Law’ descended on him and beat him to stupor at the NNPC Mega Station in Osogbo.

Our correspondent gathered on Monday that the NNPC official, who was at the station monitoring sales of petrol  collapsed following several  kicks, and slaps he received from  the leader of the thugs. Some of the eye witnesses told our correspondent on Monday at the station that the incident happened at around 6:30pm on Friday. Read more

NASU seeks unionisation of employees in private schools

The Non-Academic Staff Union of Educational and Associated Institutions (NASU) has decried the non-unionization of employees in the privately owned higher educational institutions.

The General Secretary of the union, Peters Adeyemi, noted that the inaction of government to ensure workers in the privately owned institutions are allowed to belong to unions is a violation of the Section 40 of the Nigeria 1999 Constitution (As Amended 2011), which guarantees the right of every person to form and belong to any trade union or association for the protection of his or her interest. Read more

Court dissolves 12 years marriage over adultery in Ekiti

An ‎Ado-Ekiti Customary Court on Monday dissolved a 12-year-old marriage between Femi Fajuyi and his wife, Dupe, for adultery and lack of care. The President of the court, Mr Joseph Ogunsemi, held that since the respondent had shunned the court, the court deemed it that she had admitted the allegations. Read more


Fans hail MFM FC as worthy champions of Lagos Federation Cup

Debutants in the Nigeria Premier Football league (NPFL), MFM FC, on Sunday at Agege Stadium crowned their impressive run the 2015/2016 Lagos State Federation Cup with a 4-0 whitewash of the Bridge Boys. The victory has given them and the runners-up, Bridge Boys, the tickets to represent Lagos State in the national finals to be played later in the year. The News Agency of Nigeria (NAN) reports that the Lagos-based club has recorded emphatic wins both in the Nigeria Professional Football League and the just-concluded state Federation Cup. Read more

Sexual Assault: AIFPU Rector threatens sanctions against lecturers

The Rector of Akanu Ibiam Federal Polytechnic Uwana (AIFPU), Ven Ogbonnia Ibe-Enwo yesterday threatened to deal decisively with any lecturer caught sexually or financially assaulting the students.

He handed down the warning this during the 35th Matriculation Ceremony of the School. According to him,  appropriate measures have been taken to eradicate or curtail extortion of any form,  adding that severe sanctions will be meted out on erring persons. Read more

Upgrade of airports will create employment opportunities, says FAAN

The Federal Airports Authority of Nigeria (FAAN) on Monday said that the upgrade of airport terminals in the country would create employment opportunities for Nigerians on completion.

This is contained in a statement issued by Mr Yakubu Datti, General Manager, Corporate Affairs, FAAN. The News Agency of Nigeria (NAN) reports that FAAN is currently embarking on various projects at the 22 Federal Government-owned airports toward upgrading them to international standards. Read more

CBN Recruited 909 Staff in 2 Years Without Advertising Vacancies

The Central Bank of Nigeria (CBN) recruited 909 staff in two years without advertising the vacancies, investigations have revealed.

The whole affair is now a subject of investigation by the Federal Character Commission (FCC) to determine if due process was violated. The FCC is the body responsible for ensuring equity, fairness and balance in all employments into government establishments. Read more

Revenue leakages: FG to review its tax incentive policies

The federal government plans to review its existing tax incentive policies further block revenue leakages. Minister of State for Budget and National Planning, Mrs Zainab Ahmed made this disclosure on Monday at the sideline of the conference of African Ministers of Finance and Economic Planning in Addis Ababa, Ethiopia.

Ahmed said that with the current decline in oil revenue, the government had “begun strengthening our tax revenue collection agencies and processes. We are also expanding our tax base by trying to bring as many people and organisations that are in the informal sector not paying tax into the tax net.” Read more

West Ham Pass Up Chance To Sign Emenike, Moses

West Ham United have passed up the opportunity to offer permanent contracts to Nigerian strikers Emmanuel Emenike and Victor Moses in the summer.

Sky Sports is reporting that the Hammers have the option to sign Emenike and Moses on a permanent basis when their loan deals expire at the end of the season but have decided not to do so. The 28-year-old arrived the Londoners from United Arab Emirates team Al Ain in the winter transfer market but his sporting rights will be retained by Fenerbahce in June. Read more

Gunbattles rock Brazzaville in wake of disputed Congo election

Gunbattles rocked the capital of Congo Republic on Monday, shattering a relative calm that had followed President Denis Sassou Nguesso’s re-election in a disputed poll last month.

Former members of the “Ninja” militia that fought Sassou Nguesso in a 1997 civil war raided and set alight military, police and local government offices but the attacks have been contained, said government spokesman Thierry Moungalla. Read more

South Africa’s Zuma faces impeachment vote as Mandela ally calls for resignation 

Opponents of South Africa’s embattled President Jacob Zuma will appeal to African National Congress MPs to vote according to their consciences ahead of a special motion in parliament for him to be impeached following a damning court finding against him last week.

The motion to remove the president stands little chance of success without a widespread rebellion by MPs who form part of the ANC’s massive majority in parliament, analysts say. Read more

Database allegedly containing ID numbers of 50m Turks posted online

A database posted online allegedly contains the personal information of 49 million people on the Turkish citizenship database, potentially making more than half of the population of the country vulnerable to identity theft and massive privacy violations.

The database, which has not been verified as authentic, was posted to a server apparently hosted in Romania on Monday with an introduction reading “Who would have imagined that backwards ideologies, cronyism and rising religious extremism in Turkey would lead to a crumbling and vulnerable technical infrastructure?” Read more

Panama Papers: Pakistan PM Nawaz Sharif’s son defends offshore companies

A son of Pakistani Prime Minister Nawaz Sharif has defended his family’s ownership of offshore companies, saying the family has done “nothing wrong”.

Leaked documents show that three of Mr Sharif’s children were linked to offshore companies that owned properties in London, local media say. Some opposition leaders have called for Mr Sharif to be investigated over his family’s “wealth stashed abroad”. Read more

Brussels airport partially reopens following attacks

A handful of flights have started departing from Brussels airport a fortnight after two suicide bombers devastated the departures area.

James Reynolds has been given access to the temporary airport facilities set up for passengers. Read more






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