FG fixes Jan 1, 2015 for take-off of TEM

ABUJA — The Federal Government has fixed January 1, 2015 as take-off of the Transition Electricity Market, TEM, where market participants would be sanctioned for failing to meet their contractual obligations to other stakeholders.
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No legacy of performance at the end of Amaechi’s administration —Wike

That is why he has been primed for defeat on February 28, 2015. Amaechi has a legacy of failed infrastructure, impunity, truncated judiciary, corrupt practices and poor contract governance, a legacy of destroyed legislative arm of government, a legacy of non payment of workers’ salaries and wastage of scarce Rivers State resources in the sponsorship of APC presidential campaign.”

Peterside calls for issue-based campaigns

The governorship candidate of All Progressives Congress, APC, in Rivers State, Mr. Dakuku Peterside, has called on candidates of other political parties contesting the 2015 general elections to stick to issue-based campaigns rather than resorting to mud slinging and derogatory comments.

Delta 2015: Isoko fight back

Senator Ifeanyi Okowa’s acclaimed victory in the governorship primaries of the Peoples Democratic Party, PDP may now look like the easier part of his long script to emerge the number one citizen of Delta State. The senator is now faced with the difficult option of choosing a running mate from at least two major ethnic groups in the state.

On FG removal of VAT from stock market transactions

The Federal Government has approved the removal of Value Added Tax on all commissions on capital transactions two years after the announcement, shareholders in this interview speaks on the removal. Excerpts:

NB, Forte Oil gains propel transactions on NSE

The shares of Nigerian Breweries Plc and Forte Oil recorded heavy transactions in the month of November to emerge the leading stocks in terms of price appreciation in the stock exchange.

Demolition: 20,000 residents denied access over Police blockage

EXACTLY one year after the demolition of over 1,000 houses belonging to residents of Atinporomeh Central, Aiyedotun and Ajagbe Community Development Areas, CDAs, in Badagry area of Lagos, allegedly by the Nigerian Police Force, NPF and their assigned contractors, the people have continued to lament the untold hardship they have been subjected to by the activities of the law enforcement agents.

Workers give Enugu govt 21-day ultimatum

Workers in Enugu State yesterday issued a 21-day notice to the state government threatening to embark on industrial action if the state government continued unfair industrial relations practice in the state.

2 killed, as party thugs clash in Lagos

A clash between supporters of All Progressives Congress, APC, and Peoples Democratic Party, PDP, in Lagos Island, has left two persons dead.

Ogbe-Ijoh caution Itsekiri against renewed war over location of council hqtrs

WARRI—IJAWS of Ogbe-Ijoh, headquarters of Warri South-West Local Government Area, Delta State, have cautioned their Itsekiri neighbours against renewed quarrel over the location of the council headquarters, warning that the disagreement was capable of igniting fresh hostilities between both ethnic groups as witnessed in the late ’90s.

3 JTF officials missing after pirates attack

Yenagoa—Three soldiers attached to the Joint Task Force, JTF, in the Niger Delta, code-named Operation Pulo Shield, have been reported missing and presumed killed during an attack on their gunboat on the waterways of Bayelsa State by suspected pirates.

LP disowns Alao-Akala, Tonye, Ogboru, others

A faction of the Labour Party, LP, under the control of the Nigeria Labour Congress, NLC, and the Trade Union Congress, TUC, yesterday disowned some of the governorship candidates on the platform of the party, saying such persons were not known to the party.

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