Month: June 2017

Ondo APC gives Chairman 7-day quit notice

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The All Progressives Congress (APC) in Ondo State on Tuesday gave its suspended Chairman, Mr Isaac Kekemeke, seven days to resign over alleged misconduct. The ultimatum followed the recommendation of the three-member fact-finding committee headed by Mr Abayomi Adesanya, constituted by the party to investigate crisis in the party in the state. The report of the committee was submitted to the State Executive Committee (SEC) of the party in Akure. The SEC had on June 1 passed a vote-of-no-confidence on Kekemeke, suspended him immediately and appointed Chief Ade Adetimehin as…

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NCC, CBN intervene in Etisalat debt crisis

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A meeting between the officials of Etisalat Nigeria, the Nigerian Communications Commission, the Central Bank of Nigeria and a consortium of banks has reportedly been scheduled for Wednesday, June 21 to find a resolution to the debt crisis troubling the telecoms company. Competent sources told Channels Television that several meetings were ongoing at the NCC and the CBN after talks between about 10 Nigerian banks and Etisalat Nigeria broke down. The sources confirmed that part of the $1.2 billion bank credit obtained by Etisalat Nigeria has been paid back since…

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Edo Governor nominates 18 commissioners after seven months in office

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Edo State Governor, Godwin Obaseki, has seven months after his inauguration, finally forwarded a list of commissioner nominees to the state House of Assembly for confirmation as members of his cabinet. In a letter dated June 19, 2017, and addressed to the Speaker of the House, Dr. Justin Okonoboh, Obaseki urged the lawmakers to facilitate the confirmation of the nominees. The 18 nominees were from each of the local government areas in the state.‎ The nominees include: 1. Yekini Idaiyi, from Akoko-Edo 2. Paul Ohonbamu, Egor LGA 3. Hon. Christopher…

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We will render operators of electricity generating sets jobless — Osinbajo

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The Federal Government has vowed to render operators of electricity generating sets in rural areas “jobless” by meeting the energy demands of rural communities through sustainable renewal energy solution. At the inauguration of Nigerian Renewable Energy Roundtable on Tuesday in Abuja, Acting President Yemi Osinbajo said that the government, through the Rural Electrification Agency, was developing an energy database that would show community locations and energy demand profiles. Osinbajo narrated how the provision of solar energy to Wuna village in the Federal Capital Territory (FCT) rendered the only operator of electricity generating…

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Mourinho accused of €3.3m tax fraud

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Manchester United manager José Mourinho has been accused of tax fraud by Spanish prosecutors, while he managed Real Madrid. The Portuguese manager is accused of evading tax in Spain to the tune of €3.3 million between 2011 and 2012, a Madrid prosecutor said in a statement. In a statement released on Tuesday, a prosecutor in Madrid said the 54-year-old had committed two counts of tax fraud in 2011 and 2012, saying that “corporate structures were used by the accused in order to conceal revenues generated from his image rights”. The…

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Deadly heatwaves imminent-UN

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The world should prepare for further heatwaves this year, UN weather agency officials said Tuesday in Geneva. Parts of Europe, the Middle East, North Africa and the U.S. have already seen record temperatures for May and June. The Pakistani city Turbat recorded 54 degrees in late May, the hottest temperature ever seen in Asia, according to the World Meteorological Agency (WMO). The world record of 56.7 degrees was set in Death Valley in the US in 1913. “The concern is now that we are close to that record,” WMO meteorologist…

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Julius Berger sets to diversify into oil, gas industry

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Julius Berger Nigeria Plc stated its intention of diversifying into oil and gas industry. In a notice sent to the Nigerian Stock Exchange (NSE) by the company which was signed by the company secretary, Mrs C. Madueke, stated Julius Berger Nigeria intention of going into partnership with Petralon energy an oil and gas firm with intention to develop oil fields. The company said that it would provide further details to the capital market community as the transaction progress. Analysts noted that for the construction firm, the move is a strategic…

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Corruption: An abuse of public office for private gain, ICPC tells Asaba youths

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The Independent Corruption Practices and other related offences Commission (ICPC) has said that corruption is an abuse to public office for private gain. The commission made this known while sensitising students from various tertiary institutions in Delta State, with the theme, “Vanguard against corruption” According to the ICPC Commissioner for Edo and Delta States Mr Olukile Olusesan, “The youths of today who make up a vibrant and active educated segment of the society and of whom the society should leverage their energy and innovative ideas to positively influence the society…

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China records breakthrough in satellite technology

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Reports say that China has recorded a breakthrough in a satellite technology that could be used to deliver secure messages. According to Reuters, a Chinese quantum satellite  dispatched transmissions over a distance of 1,200 km (746 miles), a dozen times further than the previous record. China launched the world’s first quantum satellite last August, to help establish “hack proof” communications between space and the ground, state media said at the time. The feat opens up “bright prospects” for quantum communications, said Pan Jianwei, the lead scientist of the Chinese team, Quantum…

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Osinbajo meets northern traditional rulers

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The consultative meeting between the Acting President, Prof. Yemi Osinbajo and traditional rulers from the northern part of the country, initially slated for Monday, will now hold Tuesday. Mr Laolu Akande, the Senior Special Assistant to the President on Media and Publicity (Office of the Vice-President), confirmed this on his twitter handle on Monday evening in Abuja. Akande, however, stated that the acting President hosted the traditional rulers to Iftar (breaking of fast) at the Banquet Hall of the Presidential Villa, Abuja. The Presidential aide said: “tonight, Acting President Osinbajo…

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