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ECOWAS court orders FG to pay N88bn civil war damages

IPOB

The ECOWAS Court of Justice has awarded N88 billion damages against the Federal Government for its failure to clear landmines and remains of explosives after the 1966-1970 civil war in the South Eastern region. In a consent judgment delivered by Justice Chijioke Nwoke today, the court ordered the Federal Government to commence clearing and evacuation of the aftermath of the ...

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Donald Trump’s former campaign chairman, Paul Manafort surrenders to FBI following Mueller’s investigation

Paul Manafort

Paul Manafort, the former campaign chairman for Donald Trump has turned himself in to Justice Department special counsel Robert Mueller while former Trump campaign official Rick Gates has also been told to turn himself in. Gates is a longtime business associate of Manafort, having worked together since the mid-2000s. Manafort arrived at the FBI’s Washington field office this morning. The ...

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AfDB cancels $400m loan to Nigeria

bank

The African Development Bank has called off a loan to Nigeria that would have helped fund the country’s budget, the Vice-President for Power, Energy, Climate Change and Green Growth, AfDB, Amadou Hott, has said. He said the bank would likely be redirecting the money to specific projects in Nigeria rather than give to the country to fund its budget. Hott ...

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Health Ministry, MTN Foundation partner to tackle maternal, infant deaths

The death toll is expected to rise after at least 123 were initially reported be burnt alive and dozens of others injured after an oil tanker caught fire and exploded near Bahawalpur in Pakistan's Punjab province. Victims were said to be scooping fuel when oil tanker, which had overturned after skidding off a national highway in Ahmed Pur Sharqia exploded and burst into flames. The injured were moved to Bahawalpur Victoria Hospital and other health facilities in an incident where many vehicles and motorcycles were burnt.

MTN Foundation, in partnership with the Federal Ministry of Health, has inaugurated the Yellow Heart Initiative to prevent the prevailing death of mothers and their children in the country. The campaign is part of the Foundations initiatives to provide Nigerians with information on maternal health and help improve the poor indices across Nigeria. At the launch in Abuja, the Minister ...

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We arrested B’Haram terrorists in Taraba, Kaduna –Military

Two self-confessed Boko Haram terrorists – Jamilu Adamu and Garba Adamu – as well as a bandit – Yusuf Wada – have been arrested by the troops of the Nigerian Army in Taraba and Kaduna states. The military said that Jamilu and Garba were nabbed by the 93 Battalion, 13 Brigade attached to Operation Lafiya Dole on Saturday in Gishiri village, Ibbi ...

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Crocodile Smile 2: Army arrests 399 suspects in Lagos, Ogun

chad raid by boko haram

The Nigerian Army on Saturday said no fewer than 399 suspects were arrested for various offences during the Exercise Crocodile Smile 2 in Lagos and Ogun states. The 35 Artillery Brigade Commander, Brig. Gen. Bassey Adonkie, disclosed this at the closing ceremony of the Crocodile Smile 2 held at 192 Battalion, Ajilete, Ogun State. He said the Crocodile Smile 2 ...

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Politics not opportunity to amass wealth – Buhari

buhari

President Muhammadu Buhari on Sunday described politics as a public service and not an opportunity to amass wealth overnight at the expense of the ordinary people. According to a statement by his Senior Special Assistant on Media and Publicity, Garba Shehu, the President said this while congratulating a former civilian governor of the old Kaduna State, Alhaji Balarabe Musa, who ...

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Positioning Nigeria for a prosperous future – Minister of Finance

Since the middle of 2014, when the price of crude oil fell dramatically, Nigeria’s finances became challenged. This is not hard to explain: we’ve historically depended on crude oil for as much as 70 per cent of government revenues, and 90 per cent of foreign exchange earnings. The outcome – pressure on government’s finances – was by no means unusual. ...

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FG recovers $85m from UK on Malabu oil deal

malabu

Still on the Malabu’s case, $85m has been recovered from his oil deal in the UK…  

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Death toll from Kenya poll violence rises to three

web-wo-kenya-attack02nw1

At least three people were shot dead Thursday as opposition protests sparked violence during Kenya’s presidential re-run, according to police and hospital sources. One man was killed in Nairobi’s Mathare slum, one of the hotspots where protesters tried to block the vote which has been boycotted by opposition leader Raila Odinga, prompting clashes with police. A police statement from assistant ...

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FEC approves 2018 Appropriation Bill

senate

The Federal Executive Council on Wednesday approved the 2018 Appropriation Bill, therefore paving the way for President Muhammadu Buhari to present the document to the National Assembly. The approval was given at a meeting of the council presided over by Buhari. The Minister of Budget and National Planning,  Udoma Udoma, confirmed the approval to State House correspondents at the end of the meeting. ...

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Africa’s child population set to grow by 170 million in 2030- UN

un

Africa’s child population is projected to increase by 170 million by 2030, UNICEF said in a report released on Thursday. “The Generation 2030 Africa 2.0 report”, also notes that Africa can reap a demographic dividend that will see per capita incomes increase by up to four-fold by 2050, if policies that promote job growth are made alongside investment in human ...

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Pope Benedict XVI is doing fine, his secretary says

pope

Vatican City, Oct. 24, 2017 (dpa/NAN) Speculation about Benedict XVI’s looming death is “fake news,” the retired pope’s secretary, Archbishop Georg Gaenswein, said on Tuesday. “The fake news have all been proven wrong as a 90-year-old, he is well,” Gaenswein told reporters. He spoke during the presentation of a new CD of Renaissance religious music by the Sistine Chapel Choir. ...

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Buhari kicks against same currency for West Africa by 2020

buhari

President Muhamadu Buhari on Tuesday in Niamey, Republic of Niger, urged member countries of the Economic Community of West African States to to tread carefully in pushing for a single currency in the sub-region by 2020. He cited the challenges faced by the European Union in realising the same goal to buttress his position. According to a statement by his Special ...

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NMA rejects FG’s move to stop private practice

NMA

The President, Nigerian Medical Association, Prof. Mike Ogirima, on Monday said the attempt by the Federal Government to stop private practice by doctors working in public health institutions was against the law of the land. He, however, said the NMA frowned on its members who use official hours for their private practice. He urged the government to enforce the laws ...

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NNPC not transparent despite reforms

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The Nigerian National Corporation is still not transparent enough despite the various reforms introduced by the Federal Government to make the corporation accountable to Nigerians, Publish What You Pay, an international coalition that promotes public debate on the reforms in the extractive sector, has said. According to the coalition, the Federal Government has yet to take strategic actions in its ...

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Issues in the MTEF 2018-2020

senate

The Federal Executive Council-endorsed Medium Term Expenditure Framework 2018-2020 has now been laid before the National Assembly awaiting parliamentary approval in accordance with the Fiscal Responsibility Act. The MTEF will derive the force of law when approved by the lawmakers and its key parametres will be the basis of the policy, revenue and expenditure profile of the 2018 federal budget. ...

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Pension assets rise to N7tn

The total assets under the Contributory Pension Scheme rose to N7.09tn as of the end of August, this year. Figures obtained from the National Pension Commission revealed that the funds had continued to maintain a steady growth since inception of the scheme. PenCom stated that the aggregate pension assets under the CPS grew from N4.61tn as of the end of ...

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