Blog – 3 Column

FEC Approval of #2.3trillion NESP, a disappointment- Onifade

FEC Approval of #2.3trillion NESP, a disappointment- Onifade

The Nigeria Economy Sustainability Plan headed by Vice President, Yemi Osibanjo had few weeks ago submitted a #2.3 trillion naira stimulus package to the Federal Executive Council, this package according to him was meant to resuscitate the Nigerian economy following the adverse effects the Covid-19 pandemic has had on it. There were contained in the…

HOW YOUTHS CAN WIN ELECTORAL POSITIONS

HOW YOUTHS CAN WIN ELECTORAL POSITIONS

The Nigerian Political scene is one that spikes conversations and controversies from every part of the country, and politicians who are actors in this scene have made it quite an interesting one. From issues of money embezzlement, to selfishness, to the chief of them all corruption. Different media houses organize shows and programs to talk…

JUNE 12 REMEMBRANCE: A CLARION CALL TO NIGERIAN YOUTHS

JUNE 12 REMEMBRANCE: A CLARION CALL TO NIGERIAN YOUTHS

June 12, 1993, 33 years after Nigeria gained independence from colonialism was the day the country would have had its first free, fair and democratic election but the powers that be sabotaged the process and cancelled the election which could have brought philanthropist Moshood Abiola into power. He was subsequently imprisoned after he had declared…

Third Mainland Bridge may face closure as FG plans to resume repairs

Third Mainland Bridge may face closure as FG plans to resume repairs

The Federal Controller of Works in Lagos, Mr Olukayode Popoola, on Monday said consultations were on for another phase of repair works to begin on the Third Mainland Bridge. Popoola told the Newsmen that the consultations were towards evolving perfect traffic management architecture. “We want to do maintenance work on Third Mainland Bridge very soon….

FG spent N609bn on debt servicing between January-March ― DMO

FG spent N609bn on debt servicing between January-March ― DMO

The federal government spent a total of N609,134,926,039.42 in debt service between January and March 2020. The data obtained from the website of the Debt Management Office (DMO), Thursday evening, indicated interest on NTBs stood at N111.605 billion; interest on FGN Bonds, N488.935 billion; FGN Savings Bonds debt servicing took N392.794 billion while; Rentals amounted…

Petrol price: NLC demands reversal, NECA backs govt

Petrol price: NLC demands reversal, NECA backs govt

The Nigeria Labour Congress has kicked against the new fuel price of N143.8 announced by the Petroleum Products Price Regulatory Agency on Wednesday, saying “this might just be the last straw that would break the camel’s back.” The congress demanded a reversal of the pump price to the old price, arguing that that the prices…

Investors lose N115bn as stocks reverse gains

Investors lose N115bn as stocks reverse gains

Investors lost a total of N115bn on Thursday as the nation’s stock market closed in the red amid profit-taking activities. The Nigerian Stock Exchange All-Share Index declined by 0.89 per cent as market breadth closed negative with only seven gainers as against 26 losers. The ASI dipped by 220.65 basis points to close at 24,374.40bps…

Judge’s absence stalls Ize-Iyamu’s N700m fraud case

Judge’s absence stalls Ize-Iyamu’s N700m fraud case

A Federal High Court sitting in Benin City, Edo State, on Thursday adjourned till July 7 the trial of the governorship candidate of the All Progressives Congress in the September 19 election, Pastor Osagie Ize-Iyamu and four others. Ize-Iyamu and the four others are standing trial over an alleged N700m fraud case preferred against them…

EDO ELECTION: OBASEKI TO LOSE SEAT?

EDO ELECTION: OBASEKI TO LOSE SEAT?

The past weeks have been a turbulent one for the ruling political party, the All Progressives Congress, a lot of criticism and counter-criticism have occurred towards the forthcoming gubernatorial elections to hold in Ondo state and Edo state. The party has seemed not to get it together in Edo following the riff that happened between…