Impeachment: Mass rally against Aregbesola slated for today

Impeachment: Mass rally against Aregbesola slated for today

SCORES of Osun State citizens were yesterday said to be warming up towards participating in today’s rally in support of Governor Rauf Aregbesola’s impeachment, according to the organisers, Civil Societies’ Coalition for Emancipation of Osun State, CSCEO.
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We planned Ikorodu bank robbery in 30 minutes— suspect

We planned Ikorodu bank robbery in 30 minutes— suspect

LAGOS—As fresh facts begin to emerge about the Ikorodu banks robbery operation where N80 million was reportedly carted away a fortnight ago, one of the suspects has revealed that they planned the operation at a meeting that lasted 30 minutes.

Musa to captain Eagles

Musa to captain Eagles

AhmedMusa has been lined up to be the next captain of Nigeria when Vincent Enyeama is stripped of the captaincy.

Oil crash, dwindling revenue  threaten Nigeria’s 2015 budget

Oil crash, dwindling revenue threaten Nigeria’s 2015 budget

“The Nigerian government and the NNPC are also advised to follow suit. Recommendations include; passage of the Petroleum Industry Bill, restructure public finances, subsidy removal on petroleum products, focus on profitable subsidiaries, review CAPEX spending, explore Asian markets, domestic refinery optimisation and deliver export and domestic gas projects.”

FG earns N14trn from crude  export – NNPC

FG earns N14trn from crude export – NNPC

Barring other arrangements and deductions, Nigeria earned $74.512 billion, about N14.902 trillion, from crude oil export in 2014, according to data released by the Nigerian National Petroleum Corporation, NNPC. The NNPC, in its 2014 Annual Statistical Bulletin, revealed that the amount was earned by NNPC and other oil and gas companies in the country, which exported about 773.833 million barrels of crude to different regions of the world.

N5trn energy sector loans  unsettle Nigerian banks

N5trn energy sector loans unsettle Nigerian banks

“The Central Bank of Nigeria, CBN, becomes the last fully-functioning public institution. It is forced into a severe devaluation of 70-80 per cent as the majority of planned Foreign Direct Investment, FDI, projects are cancelled and capital outflows accelerate as some foreign multinationals start to wind down local operations.” Many of these predictions are now a reality and weighing down heavily on Nigeria’s economy, even as it is reputed as the fasted growing in Africa.

11 states at risk of flooding, NHSA report reveals

11 states at risk of flooding, NHSA report reveals

No fewer that 11 states in Nigeria are at risk of flooding, according to the Nigerian Hydrological Agency, NHSA. The Agency which unveiled its 2015 Annual Flood Outlook has therefore advised the concerned states to come up with effective mitigation strategies, capable of preventing flooding within their territories.

No LG can meet statutory obligations without 10% Igr —Ex-Edo council boss

No LG can meet statutory obligations without 10% Igr —Ex-Edo council boss

BENIN—FORMER Oredo Local Government Area, Edo State, chairman, Mr. Victor Ebomoyi, has said that until the 10 percent meant for councils from the total Internally Generated Revenue from the states was remitted to them, no council in the country can meet its statutory obligations, including payment of salaries.

Between party and national interest

Between party and national interest

THE happenings at the National Assembly in recent times have opened our eyes to the inevitability of change. When the time comes for change, you either ride with it or you’re blow away with it.

Lawmaker assures on  completion of abandoned bridge

Lawmaker assures on completion of abandoned bridge

Uyo—THE member representing Mbo constituency in Akwa Ibom State House of Assembly, Mr. Samuel Ufuo, has promised to attract government attention to the completion of the abandoned Ukontigha bridge in Uda community as soon as possible.