News
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Nigeria’s debt hits N33.078trn following Buhari’s Loan approval
Nigeria’s debt profile has hit N33.078trn ($108.1bn) following the Senate’s approval of a $22.7 billion (N6.923trn) loan request by President Muhammadu Buhari. The approval pushed up the nation’s total debt from $85.4bn (N26.047trn) accumulated as at the end of September 2019. The loan was approved following the adoption of the recommendations of the report of the Senate Local and Foreign Loans Committee, presented by its Chairman, Senator Clifford Ordia. The committee also recommended that the terms and conditions of the loan from the funding agencies be forwarded to the National Assembly prior to the execution of same for concurrence and…
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Breaking: Court Set aside ruling suspending Oshiomhole as APC National Chairman
A Federal High Court sitting in Kano State on Thursday set aside the ruling suspending Adams Oshiomhole as National Chairman of the All Progressives Congress, APC. A Federal Capital Territory, FCT, High Court had yesterday ordered Oshiomhole to stop parading himself as National Chairman of the ruling party. Oshiomhole, however, appealed the ruling before Justice Lewis Allagoa-led court. Justice Allagoa, while hearing the matter set aside the ruling of the FCT High Court which suspended Oshiomhole. The judge also ordered security agencies like the police, the Department of State Service, DSS, to provide security for Oshiomhole as he resumes office.
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Senate approves Buhari’s $22.7b Foreign Loan
The Senate on Thursday approved President Muhammadu Buhari’s request to borrow $22.7 billion despite objection from some Senators. The same loan he had requested for from the senate in 2019 but was rejected by the Upper Legislative Chamber under the leadership of Bukola Saraki. Senate Minority Leader, Enyinnaya Abaribe earlier today had cautioned against considering all recommendations on the loan request at once but it was dismissed by the Senate President, Ahmad Lawan and it was agreed that the loan be approved.
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Buhari names Justice Mensem acting Court of Appeal President
President Muhammadu Buhari has approved the appointment of Hon. Justice M.B. Dongban Mensem as the Acting President of the Court of Appeal. Presidential spokesperson, Garba Shehu, in a statement on Thursday, said the appointment was for an initial period of three months, with effect from March 6, 2020, when the incumbent President of the Court of Appeal, Justice Zainab Bulkachuwa, would statutorily retire from service. Shehu said Justice Mensem, who is the next most senior Judge of the Court of Appeal, will be acting pending when a substantive appointment to the position of the President of the Court of Appeal…
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First Case of Coronavirus confirmed in South Africa
The first case of coronavirus in South Africa has been confirmed. This was according to a statement by the country’s Health Minister, Dr. Zweli Mkhize on thursady that a 38-year-old man tested positive for the (COVID-19) virus in KwaZulu-Natal after visiting Italy with his wife. “This morning, Thursday 5 March, the National Institute for Communicable Diseases (NICD) confirmed that a suspected case of coronavirus has tested positive. The patient is a 38-year-old male who travelled to Italy with his wife. They were part of a group of 10 people and they arrived back in South Africa on 1 March 2020.…
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Bayelsa Assembly approves N2.9bn Car Loan for Governor Diri
The Bayelsa State House of Assembly has approved Governor Douye Diri’s request of N2.9 billion loan to buy operational vehicles for him, the deputy governor and other top government functionaries. The loan which has a repayment tenure of 36 months, received unanimous support from the lawmakers before its approval. The loan was granted after the immediate past speaker, Monday Bubou-Obolo moved the motion
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Oshiomhole appeals Judgement suspending him as APC National Chairman
Mr Adams Oshiomhole of the All Progressives Congress (APC) has appealed the court judgement which suspended him as the national chairman of the party. He filed the suit on Wednesday, hours after a Federal Capital Territory High Court granted an order of interim injunction restraining him from parading himself as APC National Chairman. He alleged that the trial court erred in law and arrived at a wrong conclusion which occasioned a miscarriage of justice when it decided to question that his performance as APC national chairman would interfere with the party membership rights of the first to sixth respondents in…
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14 year old Nigerian Boy abducted in Canada
The Toronto police department has Launched a search concerning the kidnap of a 14 year old Nigerian boy, Shammah Jolayemi. Const. Michelle Flannery, spokesperson for the Toronto Police Service, said police do not know who abducted him. “There is something that had led investigators to believe this is an abduction rather than a missing boy,” Flannery said Wednesday night. According to the statement by the police, the boy was last seen in the area of Jane Street and Driftwood Avenue on Wednesday March 4th at 8:25 a.m. Jolayemi is described as about five foot eleven inches, to six feet tall,…
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Catholic Priest abducted in Benue regains freedom
The abducted priest of the Otukpo Catholic Diocese in Benue State, Reverend Father David Echioda, on Wednesday at about 6:30am in the morning regained freedom from his captors. He was kidnapped on Sunday afternoon by unknown gunmen at Alan-Akpa road in Otukpo Local Government Area of the state while returning from Utonkon in Ado LGA where he went to conduct a special mass. The Director of Communications, Otukpo Catholic Diocese, Rev. Fr John Okopopu on Wednesday confirmed to journalists in Makurdi that the abductors of the priest released him without any ransom as the priest was not their target, they…
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Court rules out Oshiomhole as APC Chairman as Police takes over his Office
A Federal Capital Territory High Court has granted an order of interim injunction stopping Comrade Adams Oshiomhole from being the National Chairman of the All Progressives Congress (APC). Justice Danlami Senchi who granted the injunction on Wednesday said that political parties must be bound by their constitution and having been suspended by his ward, Comrade Oshiomhole is restrained from functioning as the National Chairman of the party pending the hearing and determination of the substantive suit. The police came less than 30 minutes after the court bailiffs served the notice of the Court on the party and went directly to…
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Banknotes may spread Coronavirus – WHO Warns
The world health organization has warned that banknotes may be capable of spreading the deadly coronavirus advising that it is better to start applying contactless transactions. Also, the organization warned that where contactless transactions are not possible, sanitizers may be provided to wash the hands before handling cash. The spokesman of the health organization, Tarik Jasarevic while speaking on Monday night stated thus: “The Bank of England also recognised that banknotes “can carry bacteria or viruses” and encouraged frequent hand washing. “Last month banks in China and Korea began disinfecting and isolating used banknotes as part of efforts to stem…
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US Department of State offers reward for Information that will lead to arrest of Boko Haram’s Leader, Shekau.
The US Department of State has announced a $7 million reward to anyone that can provide credible information that will lead to the arrest of Boko Haram leader, Abubakar Shekau. The Deparment made this known in a tweet posted some hours ago. The tweet reads: “The United States Department of State offers a #reward of up to $7 million for information leading to the arrest of #terrorist Abubakar #Shekau , leader of #Boko_Haram . #Whatsapp : +1 202 975 9195 #Telegram : @RFJ_Francais_bot
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