Drama as Bayelsa community deposes monarch over alleged absenteeism
OLUASIRI- A meeting convened, penultimate Saturday, by the people of Olusari, Nembe Local Government Area, Bayelsa State, to jaw-jaw on the security challenges and other issues besetting the riverine community took another dimension when enraged villagers overthrew their monarch for supposedly ruling them outside their homeland and insensitivity to the predicament.
CFAO Yamaha assembly plant targets 70,000 bikes
The just commissioned CFAO Yamaha Motor Nigeria Limited assembly plant will be producing 70,000 motorcycles by 2018. Olivier Levigne, Managing Director, CFAO Yamaha Ltd, stated this while answering questions from the press shortly after commissioning the plant in Lagos.
Why Lagos jerked up subvention to LASU, others — Ambode
Governor Akinwunmi Ambode of Lagos State, yesterday, said that the increase in subvention to the Lagos State University, LASU, and others tertiary institutions in the state was to make them citadel of excellence that could compete favourably with others worldwide.
Delta power consumers issue 7-day ultimatum to BEDC
ABUJA — AS power supply in the country continues to worsen, electricity consumers in Delta State under the auspices of Electricity Consumers Forum, last week gave the Federal Government a 7-day ultimatum to restore power supply in Udu Local Government Area of Delta State.
PDP lawmakers divided over Sheriff’s 2019 presidential bid
A proposal that the embattled National Chairman of Peoples Democratic Party, PDP, Senator Ali Modu Sheriff, sign an undertaking not to contest the 2019 presidential ticket in 2018 threw a meeting of the party’s National Assembly members into an uproar yesterday.
Nissan grabs 34% stake in Mitsubishi Motors
Nissan Motor Co., Ltd., and Mitsubishi Motors Corporation have signed a Basic Agreement to form a far-reaching strategic alliance between the two Japanese automakers. Nissan will take a 34% equity stake in MMC for 237 billion yen. The strategic alliance will extend an existing partnership between Nissan and MMC, under which the two companies have jointly collaborated for the past five years.
