Commercial activities were paralysed in Yenagoa and Kaiama, hometown of the late Ijaw hero, Isaac Adaka Boro, as the Ijaw of Bayelsa State converged to celebrate this year’s Isaac Boro Day. Shops, markets and other businesses were closed down in ...
Read More »Monthly Archives: May 2019
NHRC concludes investigation of SARS alleged rights abuses
The National Human Rights Commission (NHRC) has concluded investigations of alleged human rights abuses and brutality by the Special Anti-Robbery Squad (SARS) of the Nigeria Police Force. Vice President Yemi Osinbajo had, as Acting President during President Muhammadu Buhari’s 10-day ...
Read More »Revenue projections for 2018 budget records 45% loss as FG releases N2.079tr capital votes, N649.4b Paris Club refund to states
Minister of Finance, Mrs. Zainab Shamsuna Ahmed has said the 2018 Budget suffered a revenue projection loss of 45 per cent, which made the implementation difficult due to low revenue performance. She stated this ahead of signing of the recently ...
Read More »Gunmen kill seven persons in Taraba councils, chairmen, Tiv group differ on identities of culprits
Unidentified gunmen have killed no fewer than seven persons in attacks on Wukari and Donga council areas of Taraba State. The Public Relations Officer (PPRO) for the state command, David Misal, said the incidents took place in the early hours ...
Read More »Nigeria’s refining utilisation depressed in 20 years, says United Nation agency
The United Nations Conference on Trade and Development (UNCTAD) has dismissed widespread claims, stating that Nigeria’s oil sector downstream sector had receded in the last 20 years, especially in refining utilisation. In a report entitled “Commodity Dependence: A Twenty-Year Perspective” ...
Read More »APC decries Dickson’s campaign against International Oil Companies
The All Progressives Congress (APC) in Bayelsa State has condemned the recent campaign by Governor Seriake Dickson against international oil companies (IOCs) in the state. Addressing the press in Yenagoa, the publicity secretary, Mr. Doifie Buokoribo, said the governor was ...
Read More »Debt financing to tackle Nigeria’s infrastructure deficit, says DMO former Director General
A former Director General of the Debt Management Office (DMO), Dr. Abraham Nwankwo, has said Nigeria’s infrastructure deficit could be addressed through debt financing. He, however, noted that the widespread notion that public debt should be used to finance the ...
Read More »NNPC ex-GMD opens defence in alleged $10m fraud suit July 3
Justice Ahmed Mohammed of the Federal High Court, Abuja has ordered former Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Andrew Yakubu, to open his defence on July 3, 2019 in the $9.8 million alleged fraud suit brought ...
Read More »INEC postpones Kogi, Bayelsa guber elections to November 16
The Independent National Electoral Commission (INEC) has shifted the November 2, 2019 governorship elections in Kogi and Bayelsa states by two weeks. In a statement yesterday in Abuja, the National Commissioner and Chairman, Voter Education and Information, Festus Okoye, said ...
Read More »President Buhari promises better economy through efficient railway system
President Muhammadu Buhari has pledged to revolutionise railway services for the turnaround of Nigeria’s economic fortunes. Addressing the 59th yearly general meeting (AGM) of the National Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) in Kaduna, the president ...
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