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AP settles $35m Access Bank debt

Going by the agreement mutually entered into by the parties, the $35,153,822.15 debt amounts to N4,499,689,235.20 at the rate of N128/$. The value of the draft represents net settlement after taking into consideration AP’s credit balance of N1,554,384,195.51 on its account with the bank.

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Oredo LG budgets N3.4bn

A break down of the recurrent expenditure indicated that internally generated revenue (IGR) will account for N339,400,000.00, statutory allocation (state), NI00,000,000.00, statutory allocation from the federal government N1,000,000.000.00 , VAT N208,000,000.00, special grant N200,000,000.00 and excess crude disbursement N900,000,000.00.

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Boko Haram: Yar’Adua orders probe

By Emma Ujah, Emeka Mamah, Kingsley Omonobi, Chioma Obinna & Daniel Idonor ABUJA — FOLLOW ING allegations that Mohammed Yusuf, leader of the religious sect, Boko Haram, was hurriedly killed after he was earlier captured alive in order to shield his sponsors who are influential members of the society, President Umaru Yar’Adua yesterday directed the
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Group extols Agoda’s virtues

Speaking to journalists in Sapele, leader of the group and a renowned educationist in Delta State, Mr. Irikefe Edward, explained that Agoda’s maturity and intellectual contribution to issues at the National Assembly has exposed Nigerians to the fact that every Urhobo person is an intellectual giant, adding that the time has come for Agoda to be honoured in order to encourage him and other illustrious sons of Urhobo Nation doing the nation proud in their respective of endeavours.

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