Double whammy of fuel import subsidies

Double whammy of fuel import subsidies

It is ironical that despite the raging public debate on whether or not to sustain the regime of fuel price subsidy, our government may have, regrettably, once more, inadvertently doubled the existing N50/litre subsidy. The Petroleum Product Pricing Regulatory Agency’s template indicates that as at June/July 2015, the “subsidy free” price of petrol hovered around N140/litre; thus, the regulated pump price of N87/litre, implies that motorists currently pay over N50/litre less than the actual recovery price.
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Scientists   heal broken bones with cannabis

Scientists heal broken bones with cannabis

Israeli researchers from the Tel Aviv University say a curative component in cannabis, called cannabidiol can enhance the healing process of fractured bones according to a publication in the Journal of Bone and Mineral Research.

Teacher under probe for allegedly engaging ‘auxiliary teacher’ in Delta

Teacher under probe for allegedly engaging ‘auxiliary teacher’ in Delta

ASABA—A classroom teacher, Mrs U.P. Igheneno, of Erhuwho Primary School, Ivwriyen in Okpe Local Government Area of Delta State, is being investigated by the state government for allegedly engaging a middle-aged man for a fee of N500 daily to handle her classes why she stayed away from school for personal business.

Swaziland eager to upset Nigeria

Swaziland eager to upset Nigeria

It is true that Swaziland is ranked 134 in the World and that since the rankings were introduced by Fifa its average position has hovered around 143 or so.

NPA spends over N32b on Calabar port channel; draught remains same

NPA spends over N32b on Calabar port channel; draught remains same

Ogodo however expressed surprise that when the contract was finally awarded, they were not aware. He said they woke up one morning in November last year to find out that there was a lock down of the state capital because the then Vice- President, Namadi Sambo, was coming to flag off the dredging project.

No bailout for states yet – Oshiomhole

No bailout for states yet – Oshiomhole

“At the end of the day, it is not acceptable where fourteen to fifteen states cannot pay salaries. The good news is that the President is standing by us and there is always a time lag between when you conceptualize and when you implement. For now, no government has got one naira under the bailout arrangement.”

eTranzact records N407m PAT, pledges sustained profitability

eTranzact records N407m PAT, pledges sustained profitability

eTranzact said the growth were inspired by some key growth drivers including: “Strengthened collaboration with partner banks in driving mobile banking business, strategic alliances with International money transfer operators which is driving growth of remittance business, alliances with government agencies, parastatals and educational institutions which is driving bulk payments, central collection and transaction switching and processing business.”

Sylva and Bayelsa politics

Sylva and Bayelsa politics

IN sane climes, Chief Timipre Sylva, self- acclaimed opposition leader in Bayelsa State would bury his head in shame for putting Bayelsa, the glory of all lands in reverse gear for about five years.

Olusoji  tasks  Nigerians on  love, peace

Olusoji tasks Nigerians on love, peace

ASABA—The National President, National Youth Coalition for Good Governance in Nigeria and the Coordinator, National Youth Coalition for Okowa/Otuaro in the 2015 gubernatorial election in Delta State, Prince Olatunji Olusoji, has called on Muslim faithful and Nigerians in general to extend the spiritual benefits of Ramadan, including love, peace and sacrifice, for the development of the nation.

Police not investigating me – Ekweremadu

Police not investigating me – Ekweremadu

EMBATTLED Senate Deputy President, Senator Ike Ekweremadu, broke silence, weekend, in Enugu over the rumpus being generated over the alleged ‘doctored’ Senate Rule, saying that he was not under any police investigation.

NUJ ELECTION: Buhari, Amosun, Ambode, others congratulate Odusile

NUJ ELECTION: Buhari, Amosun, Ambode, others congratulate Odusile

President Muhammadu Buhari and former Vice President, Atiku Abubakar, Governor Ibikunle Amosun of Ogun State, his Lagos state counterpart, Akinwunmi Ambode and speaker of Lagos House of Assembly, Rt. Hon. Mudashiru Obasa congratulated the newly-elected President of the Nigerian Union of a Journalists, NUJ, Mr. Abdulwaheed Odusile and other elected executive members on their victory.

Aregbesola: Judge to appear before Osun Assembly tomorrow

Aregbesola: Judge to appear before Osun Assembly tomorrow

Osogbo—The panel set up by the Osun state House of Assembly investigating the petition against Osun state governor, Mr. Rauf Aregbesola, has summoned Justice Olamide Folahanmi Oloyede to defend issues raised in her petition.

APC chieftains to Niger: Be patient with Buhari

APC chieftains to Niger: Be patient with Buhari

Yenagoa—A chieftain of All Progressive Congress, APC, in Bayelsa State and a former second republic state legislator in the old Rivers State, Chief Austine Asamaowei, has urged the people of Niger Delta to be patient and allow President Muhammadu Buhari to settle down for governance.

PDP blasts Buhari, accuses him of planning to run a discriminatory, vindictive, divisive govt

PDP blasts Buhari, accuses him of planning to run a discriminatory, vindictive, divisive govt

NATIONAL leadership of the Peoples Democratic Party, PDP yesterday took a swipe at President Muhammadu Buhari over statements attributed to him, saying that Nigerians who gave him 97% of their votes will be better treated than those who gave him 5%, saying that declaration was not only vindictive, divisive, but an attempt by the president to govern the country in a discriminatory manner.

The virgin bride who saw the light!

The virgin bride who saw the light!

Lara and Paul came from two strictly religious families and when providence eventually threw them together at a Church concert, they believed it was the Lord’s doing. “We’d both had relationships before but were in-between partners when we met over 15 years ago”, recalled Lara. “I’d left work early to help in a fund-raising play the Church was organising and Paul was in charge of the music. He certainly took his duties seriously and thanks to his efforts, we had a very successful outing