Udoma’s removal ll truncate capital market reforms – Committee Chairman

CALLS for the resignation of Senator Udoma Udo Udoma, Chairman of the Board of Securities and Exchange Commission took a new turn, weekend, as the Chairman, Committee for the review of the capital market structure and processes, Adedotun Sulaiman, said such removal will truncate the ongoing market reforms and damage attempts to restore confidence in the capital market.
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Abia council workers begin strike

By Anayo Okoli Umuahia—LOCAL government workers in Abia State have resolved to embark on an indefinite strike beginning from today to protest the state government’s inability to pay them arrears of their salaries and allowances. The council workers said that despite the time they gave government, their demands were yet to be met, hence the […]

Teacher hangs self for losing job

A primary school teacher has allegedly hanged himself in Obudu Local Government when his name appeared amongst the 924 teachers who were thrown out of job last week by the Cross River State Government in a massive downsizing.

British PM congratulates Jonathan …tasks him on electoral reforms

By Emmanuel Aziken ABUJA — British Prime Minister Gordon Brown has congratulated Acting President Goodluck Jonathan on his new role in government and sought his cooperation in building cordial relations between Britain and Nigeria. While applauding the roles of the National Assembly, Federal Executive Council and other institutions in preserving constitutional order in the wake […]

Banking reform: What went wrong — Sanusi

…flays academics for their silence KANO—The Governor, Central Bank of Nigeria, Mallam Sanusi Lamido Sanusi has revealed the details of the four pillars of banking reforms at the pre-convocation lecture of the Bayero University, Kano, weekend. In a paper titled, “The Nigerian Banking Industry: What went wrong and way forward”, Sanusi challenged the academics for […]

River Niger: Group asks N/A Assembly to impeach Jonathan

…accuses govt of diverting N19bn ABUJA—A northern socio-cultural organisation, the Nupe Congress has called on the National Assembly to commence impeachment proceedings against Acting President, Goodluck Jonathan for violating the 2009 Appropriation Act by stopping the dredging of River Niger without recourse to the National Assembly. Addressing newsmen in Abuja yesterday, the National Secretary of […]

Aondoakaa denies fleeing the country

*I’m on annual leave, he says By Peter Duru MAKURDI — Against the backdrop of recent newspaper reports that former Minister of Justice and Attorney General of the Federation, Chief Mike Aondoakaa (SAN) had fled the country, Minister for Special Duties has declared that he did not run  from the country as being insinuated in […]

Police officers kick over promotion of colleagues

By Kingsley Omonobi ABUJA—Hundreds of junior Police officers across the 36 states command and the force headquarters in Abuja are grumbling over the recent decision of the Police Service Commission, PSC, under the leadership of Parry Osayande (rtd), to promote several of their juniors over and above them contrary to the new policy thrust that […]

FG audits Ajaokuta Steel Company

By Isiaka Oyibo LOKOJA — FOLLOWING the failing  infrastructures at the nation’s multi-billion naira Ajaokuta Steel Company, ASCL, the Federal Government has instituted an audit panel to ascertain the viability of the industry. The technical audit awarded to Reprom Nigeria Limited, an Ukrainian-based firm, has three months to submit its report. The audit panel is […]

IBB kicks against creation of states

By Tina Akannam Dutse — former Military President, General Ibrahim  Babangida (rtd), has kicked against the creation of new states in the country, saying managing the present 36 states in the country is burdensome. Gen. Babangida stated this weekend in Hadejia, Jigawa State while answering questions from newsmen when he honoured the invitation by the […]

Osunbor left N10bn debt, says Oshiomhole

GOVERNOR Adams Oshiomhole of Edo state, weekend declared that his predecessor in office, Professor Oserhiemen Osunbor left a debt of N10billion and not N4billion as was claimed by the Peoples Democratic Party, PDP, in the state.

Yar’Adua: Bakare gives FEC ultimatum

Save Nigeria convener and televangelist, Pastor Tunde Bakare weekend, gave the Federal Executive Council, FEC, till Wednesday to resolve the ongoing power vacuum or face possible invasion of Aso Rock Villa by protesting Nigerians.

Speak to Nigerians, TUC tells Yar’Adua

THE umbrella body for senior staff associations in the country, Trade Union Congress of Nigeria, TUC , weekend in Lagos, expressed concern that President Umaru Yar’Adua had remained incommunicado, six days after he was brought into the country in a mafia-like manner.

Edo: Anenih, Oshiomhole battle over NDDC rep

By Emmanuel Aziken ABUJA—The face off between Governor Adams Oshiomhole of Edo State and Peoples Democratic Party, PDP, leader Chief Anthony Anenih takes centre stage in the Senate today as their forces join battle over the State’s representative on the board of the Niger Delta Development Commission, NDDC. Governor Oshiomhole’s nominee to take the position […]

Anyim, others ask Yar’Adua to address Nigerians

THE Group of Concerned Nigerians, a coalition of eminent Nigerians led by former Senate President, Chief Anyim Pius Anyim, has challenged President Umaru Yar’Adua if actually he has returned to the country as widely reported in the media, to personally address the nation clarifying issues about his absence and return.

Senators disagree over Uwais panel’s report on INEC chair’s job

The Senate Committee on the Review of the Constitution, SCRC, has rejected the recommendation by the Justice Mohammed Uwais Committee on Electoral Reform that the President be removed from a direct role in the appointment of the Chairman of the Independent National Electoral Commission, INEC.

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