N145B Questionable Items Remain In The 2017 Budget
There is the fear that a huge part of the funds borrowed to execute the 2017 budget may end up in private pockets, as no less than 276 questionable items from 55 agencies still remain in the document.
Sellers Target Tender
The pending tender from India’s IOC, which frequently takes Nigerian grades, put the brakes on any spot trading, reports. ExxonMobil was offering Qua Iboe at increasingly stronger premiums, including above $1 per barrel above dated Brent. While few Qua cargoes were available, due to buying mostly into tenders in either India or Indonesia, some buyers said those offers were unjustifiably strong.
Service Licencees Want NCC To Release Long Codes Access For Operations
Some major Value Added Service (VAS) providers in the country have appealed to the leadership of the Nigerian Communications Commission (NCC) to fast-track the allocation of long codes for operators. These affected VAS providers were licensed over two years ago by the Commission to deliver voice services via special numbering codes also known as long codes.
Kano Pays N1BN Counterpart Funding For Basic Education Scheme
Gov. Abdullahi Ganduje of Kano state said that his administration had paid N1 billion as counterpart funding for the basic education scheme. Ganduje made this known on Thursday in Kano, shortly after the inauguration of 2,000 classrooms in selected primary schools in the metropolis.
Gunmen Attack Police Station, Kill 4 In Kogi
Gunmen in the early hours of Friday attacked a police station in Eika, Okehi Local Government Area of Kogi State, killed the two policemen on duty and a detainee in police custody, burned down the police station and also killed a community leader, Mallam Sadiq Obomi. It was gathered that the gunmen numbering 10 invaded the community at about 1am Friday shooting sporadically as they headed for the police station.
Illegal Movies/Equipment Destroyed In Lagos
The Lagos State Film and Video Censors Board on Sunday burnt some illegal movies and equipment valued at N10m. The Executive Secretary of the Board, Dele Balogun, in a statement made available to our correspondent, said the destroyed items included pirated and unclassified local and international movies, as well as duplicating machines, which its officials seized in raids recently carried out in some parts of Lagos.
Libya Deports 161 Nigerians
No fewer than 161 Nigerians yesterday returned to the country through the Murtala Muhammed International Airport (MMIA), Lagos, after unsuccessful stints in Libya. The persons, who arrived aboard Airbus 320 Nouvel Air aircraft at about 4pm, were voluntary returnees ferried back by the International Organisation for Immigration (IOM).
EFCC’s trial of Ladoja for alleged N4.7b theft aborted
The trial of former Oyo State Governor Rashidi Ladoja was aborted Tuesday after Justice Mohammed Idris of the Federal High Court in Lagos insisted that the Economic and Financial Crimes Commission (EFCC) must comply with the law. Eight years after he was first arraigned, EFCC re-arraigned Ladoja for allegedly converting N4.7billion from the state treasury to his personal use.
Nigeria’s economy on course for recovery, growth – Presidency
The Presidency on Tuesday said the nation’s economy which is currently in recession was currently on course for recovery and growth. This was contained in the 23rd newsletter published by the Presidency Office of Digital Engagement, a copy of which was posted on the official website of the Presidency, @AsoRock.
EFCC Arraigns FUTA Vice Chancellor, Bursar Over Misappropriation Of Funds
The Economic and Financial Crimes Commission (EFCC) on Tuesday arraigned the embattled Vice Chancellor of the Federal University of Technology Akure (FUTA), Adebiyi Daramola, and the Bursar, Emmanuel Oresegun before an Ondo State High Court sitting in Akure. Both Mr. Daramola and Mr. Oresegun were escorted to court by EFCC officials.