Category: Economy

Anniversary: Revelation Bank Has Created An Enabling Environment Through Soft Loans-CEO

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  The Managing Director and CEO of Revelation Microfinance bank, Mr Okhimahe Patrick, has revealed that the financial institution has created an enabling environment by granting her customers soft loans to aid their various businesses. Mr Patrick made this revelations in a event to make the one year existence of the microfinance bank since it’s establishment in Ughelli, Delta State. He said, “In our one year of existence, we have given hundreds of millions of loan to people around, we have aided businesses, we have ensure that we are very…

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Tompolo’s Tantita Provides Nigerian Army With Soldiers’ Transit Accommodation

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  Newly constructed 3 Battalion Soldiers’ Transit Accommodation built and furnished by Tantita Security Services Nigeria Limited (TSSL) for military personnel at Effurun Barrack in Uvwie Local Government Area of Delta State, has been inaugurated by the Nigerian Army. The building, which is well equipped with state-of-the-art facilities, was commissioned by the General Officer Commanding (GOC) 6 Division, Nigerian Army, Major General Jamal Abdussalam.   Abdussalam, while inaugurating the project, commended Tantita Security for initiating and completing the project as part of efforts in providing welfare for officers and soldiers…

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Northern Group Berates Dangote Over Nigeria Economy

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Nigerians Are Used To Your Diabolical Emasculat   A Northern group, Arewa Intelligentia Caucus has rained heavy knock on Aliko Dangote, saying his cheap blackmail of the officials of NNPC will not take him anywhere. The Group in a Press Statement signed by Abubakar Ciroma (President) and Nasir Adamu (Publicity Secretary), while blasting Aliko Dangote, said that Nigerians were used to his diabolical emasculation and total domination of every sector of the nation economy, challenging him to come out clean of accusation that he was producing poor quality petroleum products…

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POOF Foundation, Donates Relief Materials To Okuama Victims

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By Omoghene Benedict  A non governmental organization, Prince Oghenerukevwe Okifo Foundation, POOF, has donated relief materials to internally displaced Indigenes of Okuama Community currently camped at Ewu-Urhobo in Ughelli South Local Government Area of Delta State. POOF foundation also presented cash donation to ten nursing mothers that were put to birth at the IDP camp. Items donated by POOF foundation are, packs of rice, cartons of noodles, pampers, sanitary pads, toiletries, detergents, bathing soaps, 25 litres of groundnut oil, and educational materials for the students in the camp. The CEO…

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Opinion: Entitlement Mentality By Dafe

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BY TOBI DAFE   This word in recent times is now often used by the elites, they say the youths have an entitlement mentality, but I am beginning to see that some of these leaders are even more entitled. They felt all the good things of this world were designed for them and their families alone, news flash: everyone deserves a good life, we should stop reducing the less privileged people around us, and the beauty of life is not a function of how happy you are but how happy…

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EFCC Arrests 35 for Alleged Internet Fraudsters In Plateau

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Operatives of the Economic and Financial Crimes Commission, EFCC, Kaduna Zonal Command have arrested a total of 35 suspects for alleged cybercrimes in Plateau State. The suspects comprise 32 males and three females. They were rounded up along Bauchi Road Bye Pass in Jos, Plateau State capital. Their arrest followed actionable intelligence on their fraudulent activities. Items found in their possession upon arrest include 47 phones, five laptops, two Macbooks, one black 406 Peugeot saloon car with registration number JJN 140 BX, one black Mercedes Benz car with registration number BSA…

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Minimum Wage: Matter Arising

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By Tobi Dafe,   The Issue of the minimum wage has been ongoing for quite some time now, as labour unions and the Government are trying to have a common ground in terms of figures. There is a theory that suggests that if you want to solve a problem, you must first identify the cause accurately. Now let us for once be realistic on the subject matter. While talks are ongoing on the amount to pay have we also considered the effects of the increment? Before the government and Labour…

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Surveillance: Itsekiri Group Accuses Olu Of Warri Of Sponsoring Allege Protest Against Tompolo

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The last may not have been heard about the recent sponsored protests in Lagos and parts of Delta against Tanitita Security Services Nigeria Limited as members of the Itsekiri Oil Producing Communities Forum (IOPCSF), on Wednesday accused their Royal Father, the Olu of Warri, Ogiame Atuwase III, of masterminding the protest against Chief Government Ekpemupolo, (alias Tompolo) and his Tanitita Security Services Nigeria Limited.   In a letter to the President, Senator Ahmed Bola Tinubu, the group alleged that; “Our revered monarch, the Olu of Warri, Ogiame Atuwase III, was…

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The Many Gains Of Subsidy Removal

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By Sunny Awhefeada,   Nigeria has over the years evolved the character of a country where things are perpetually in reverse gear. Our country is now largely defined by punishingly unenviable indices which are easily manifested in our perennial underdevelopment. The last forty years have been characterized by disruptive hiccups and deadly spasms and only God is able to explain why Nigeria has not tipped over. Each time the nation totters to the cusp, a deus ex machina often intervenes to redirect her affairs. But how much longer can this…

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BEDC Staff Electrocuted In Delta Community

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  A staff of the Benin Electricity Distribution Company, BEDC, on Sunday, electrocuted while carrying out repairs on a 33kva at Evwreni community in Ughelli North Local Government Area of Delta State. Though the report is sketchy, it was gathered that the deceased simply identified as Kingsley was electrocuted while he was trying to reconnect damaged cable on the High tension cable transmitting current to Uwheru, Patani Bomadi and communities in the state. A source from the who spoke on anonymous condition disclosed that Mr Kingsley climb up the High…

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