EXTERNAL DEBT: AT WHAT COST?

EXTERNAL DEBT: AT WHAT COST?

“On the domestic front, we also recall the rapid accumulation of local debts particularly through bond issuance by almost N2000bn within four years, without recourse for NASS approval. There is practically nothing to show for these loans, and it seems that these loans were incurred specifically for non-tangible purposes with dubious and immeasurable yardsticks!
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Kano, Pfizer reach settlement on drug lawsuit

Kano, Pfizer reach settlement on drug lawsuit

Sources close to the negotiations had said in April that the two sides were nearing a $75 million agreement, including the payment by Pfizer of $10 million legal fees, $30 million to Kano State and $35 million to victims and families.

Senate begs ASUU  to call of strike

Senate begs ASUU to call of strike

Chairman, Senate Committee on Education, Dr. Joy Emodi, who made the plea during a courtesy call on Governor Muazu Babangida Aliyu of Niger State at Government House, Minna yesterday said even though the agitation of the union was justifiable, the way they were going about it was not justifiable.

Arewa leaders underdeveloped North – Gov Aliyu

Arewa leaders underdeveloped North – Gov Aliyu

Chairman of the Northern Governors’ Forum (NGF), who is also the Governor of Niger State, Dr. Muazu Babangida Aliyu, yesterday reviewed socio-cultural developments in the North and lamented that the area “had opportunities to have done better for our people for the better part of Nigeria’s independence but we appeared to have squandered those opportunities.”

Ogun Customs rake in N9bn, impound textile  materials

Ogun Customs rake in N9bn, impound textile materials

OGUN State Command of the Nigeria Customs Service (NCS) has impounded a luxury bus loaded with imported textile materials, a lorry loaded with wood being taken out of the country and several other vehicles, even has it collected over N9billion in three months as revenue.

Bauchi crisis Plateau beefs-up security

Bauchi crisis Plateau beefs-up security

Plateau State Commissioner for Information and Commu-nication, Gregory Yenlong, had assured that the state government was alive to its responsibility of maintaining law and order and would take steps to ensure that the crisis does not spread to the state.

Group condemns Benue labour leader killing

Group condemns Benue labour leader killing

ccording to a statement by the leader of the group, Mr. Rommy Mom, the government must wake up to its responsibilities of ensuring the safety of lives and property of the people of the state describing his death as one too many in the state in recent time.

Mark’s wife loses valuables in Amsterdam

Mark’s wife loses valuables in Amsterdam

WIFE of the Senate President, Dr. Rosemarie Mark yesterday lamented the loss of her luggage, some money and a lap-top in Amsterdam, Netherlands, describing her experience in the hands of a gang within the international airport as painful.

Workers’ strike grounds Kogi ‘ strike grounds Kogi

Workers’ strike grounds Kogi ‘ strike grounds Kogi

The untold hardship, according to the bulletin includes outright retrench-ment or retirement of civil servants, tearing of their documents as well as outright denial of screening of eligible civil servants by the consulting firm.

‘Petroleum varsity in Kaduna, downgrading PTI provocative’

‘Petroleum varsity in Kaduna, downgrading PTI provocative’

According to him, “in the interest of fairness and peace, such an important university should be sited in one of the states in the oil producing area if govern-ment does not have the intention to upgrade the existing PTI institute in Delta State.

Participants boycott  workshop on Vision 20:2020

Participants boycott workshop on Vision 20:2020

Mr. Oronsaye while challenging the civil servants to rededicate themselves to their schedules and assignment said “though there are challenges, this should not be an excuse to be swayed by corruption or be indolent and unpatriotic but rather, we should be resolute in addressing the challenges and remain undaunted”.

Youth leaders want N-Delta govs, lawmakers’ cooperation

Youth leaders want N-Delta govs, lawmakers’ cooperation

The forum observed that the use of military force in the region has remained counter-productive, as was evident in the response by militants in the recent Cordon and Search operation by the Joint Task Force on the Niger-Delta and urged the Federal Government to order a demilitarization of the area. It, nevertheless, welcomed the declaration of ceasefire by both the militants and the JTF and joined those calling for a return to true federalism in the country.

Mimiko assures Ondo communities of equal devt

Mimiko assures Ondo communities of equal devt

GOVERNOR Olusegun Mimiko of Ondo State yesterday assured the people of the state of even provision and distribution of infrastructure across communities in the state that would make life worth living.

Lagos introduces weekend court session

Lagos introduces weekend court session

As part of the ongoing restructuring of justice system in Lagos State, the state government has introduced Saturday as a day of business of the court in every Magisterial district in the state.