Month: August 2017

How Nigerian govt, states shared N2.56 trillion in six months – Report

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The federal government, thirty-six states of the federation and the Federal Capital Territory, FCT, have so far shared the sum of N2.56 trillion in the first half of 2017 from the Federation Account Allocation Committee (FAAC), an investigation by Economic Confidential has revealed. The report by the economic intelligence magazine shows that apart from the federal government that got N1.09 trillion, Akwa Ibom has the highest allocation among the states when it received N92.72 billion within the period under review. Apart from Akwa Ibom, nine other states who received the…

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Angola vote marks new era as Dos Santos ends 38-year reign

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Angola goes to the polls on Wednesday in a historic election marking the end of President Jose Eduardo Dos Santos’s 38-year reign, with his party set to retain power despite the country’s economic crisis. The MPLA (People’s Movement for the Liberation of Angola), which has ruled the country since its 1975 independence from Portugal, is expected to defeat opposition parties that struggle under an authoritarian regime. Dos Santos’s retirement – reportedly prompted by ill health – has triggered the biggest political transition in decades for Angola, a leading oil-exporter in…

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Buhari tackling Nigeria’s reputation abroad – Osinbajo

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The Federal Government is tackling corruption in the country as well as Nigeria’s poor reputation abroad. Vice President Yemi Osinbajo disclosed this while fielding questions during a session titled “Conversations with the Vice president” moderated by Miss Zain Asher, a CNN news anchor at the 2017 Nigerian Bar Association (NBA) National Conference in Lagos, yesterday. When asked what was the most important reform embarked upon by the Buhari-led administration, Osinbajo said the administration had set a strong foundation for economic recovery. “We were dealing with a mono-economy and a financial…

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35 percent of Ibadan residents hypertensive – UCH chief

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The Chief Medical Director (CMD), University College Hospital (UCH), Ibadan, Professor Temitope Alonge, has said about 35 per cent of residents of Ibadan, the Oyo State capital are hypertensive. Alonge disclosed this while featuring on Fresh FM live radio programme monitored in Ibadan. He said that the discovery was revealed after a project initiated by the hospital, during which its workers tested residents in their homes and offices. According to him, the tests showed that about 35 per cent of residents lived with hypertension, with most of them unaware. Alonge…

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Navy Ship Collisions: U.S. suspects hackers, sabotage

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A top U.S. Navy admiral John Richardson, has called for a swift and thorough investigation into Monday’s collision of the USS John S. McCain with an oil tanker near Singapore, marking the second deadly mishap that occurred in the Pacific in the past three months. Richardson ordered an operational pause in all the fleets around the world while the Navy works to determine the factors behind the collision. Richardson tweeted that the Navy will conduct a wide investigation, including a review into the possibility of “cyber intrusion or sabotage.” Adm.…

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Gov. Bello, Sen. Melaye in for settlement

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The warring factions of the ruling All Progressives Congress (APC) in Kogi state are to face a reconciliation committee inaugurated by the party. The party’s move is to frontally take measures to resolve the crisis between Kogi governor Yahaya Bello and Senator Dino Melaye and their supporters. Chief John Odigie-Oyegun, National Chairman of the All Progressives Congress (APC), has inaugurated a seven-member reconciliation committee to end the feud. He said the situation in Kogi was unique, saying that what triggered the event in the state was tragic in their nature.…

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Buhari’s nationwide broadcast

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Full text of President Muhammadu Buhari’s broadcast on Monday My dear citizens, I am very grateful to God and to all Nigerians for their prayers. I am pleased to be back on home soil among my brothers and sisters. 2. In the course of my stay in the United Kingdom, I have been kept in daily touch with events at home. Nigerians are robust and lively in discussing their affairs, but I was distressed to notice that some of the comments, especially in the social media have crossed our national…

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Troops begin fresh drills in Korean Peninsula

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U.S. and South Korean troops have begun annual drills that come after tensions rose over North Korea’s two intercontinental ballistic missile tests last month. The Ulchi Freedom Guardian drills that began Monday are largely computer-simulated war games and will run through Aug. 31. Pyongyang calls the 11-day drills a “reckless” invasion rehearsal that could trigger the “uncontrollable phase of a nuclear war.” South Korea’s President Moon Jae-in said Monday the drills are defensive in nature. He says the drills are held regularly because of repeated provocations by North Korea. Earlier…

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10 sailors missing in U.S guided-missile destroyer’s accident

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At least 10 sailors have been declared missing when American guided-missile destroyer, USS John S. McCain, collided with a merchant vessel on Monday. A search and rescue mission is underway, the Navy says. “The guided-missile destroyer USS John S. McCain (DDG 56) was involved in a collision with the merchant vessel Alnic MC while underway east of the Straits of Malacca and Singapore,” the Navy said in a statement. Ten sailors are missing and another five are injured. The collision was reported at 6:24 a.m. local time, on a routine…

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Telecoms operators lament falling revenue over OTT platforms

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Telecommunications operators have lamented diminishing revenue caused by the operations of Over-the-Top Platforms (OTT). The Chairman of the Association of Licensed Telecommunications Operators of Nigeria (ALTON), Gbenga Adebayo, disclosed the position of the group at the weekend in Lagos. He listed the platforms as Skype, Whatsapp, Wechat, Facebook, Viber and IMO. Quoting an independent analyst and consultancy firm, OVUM, he said customers’ growing adoption of OTT, instead of the traditional telecoms services, was impacting negatively on them. According to him, OTT operations have created a global revenue loss of $386…

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