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Buhari presides over first post-inauguration FEC meeting

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Buhari presides over first post-inauguration FEC meeting

President Muhammadu Buhari is presiding over the meeting of the Federal Executive Council (FEC) at the Presidential Villa, Abuja even though the Presidential Election Petition Tribunal is currently delivering judgment in the petition challenging his election,.

This will be the first FEC meeting he would be attending since his swearing in on May 29 and the inauguration of his new cabinet August 21.

In a short opening remark, he urged the new cabinet to justify the confidence reposed in them.

The president, who gave reasons for creating new ministries, enjoined the ministers never to fail in meeting the expectations of Nigerians.

Buhari particularly challenged the `returning Ministers’ to redouble their efforts in the second term.

“I expect you all to redouble your efforts in this second term. To enhance service delivery, we decided to restructure some functions which led to the creation of some new ministries.

“For example, to achieve our goals of economic diversification and inclusive growth we merged the Ministry of Finance with that of Budget and National Planning.

“We also created the Ministry of Humanitarian Affairs, Disaster Management and Social Development to fully institionalise our various interventions to support some of the poorest and most distressed citizens of our country,’’ he said.

While reminding the ministers of the oath they took on August 21, the president urged them to offer selfless service to the nation.

Those attending the meeting include Vice-President Yemi Osinbajo, Secretary to the Government of the Federation, Boss Mustapha and the Head of Service, Mrs Winifred Oyo-Ita.

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BREAKING NEWS

Wrestling: Nigeria’s Adekuoroye qualifies for Tokyo 2020

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Wrestling: Nigeria’s Adekuoroye qualifies for Tokyo 2020

Nigeria’s Odunayo Adekuoroye (57kg) is through to the semi finals of the 2019 Senior World Wrestling Championships in Kazakhstan after dismantling In Sun Jong of North Korea 12-2 via technical superiority.

She has qualified for the Tokyo 2020 Olympics as a result.

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Security operatives at SaharaReporters’ Lagos office

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Security operatives at SaharaReporters’ Lagos office

Policemen and soldiers are currently in front of the office of online news media outlet, SaharaReporters, in Lagos state.

The armed men have prevented reporters from gaining access to the building located at GRA in Ikeja, the state capital.

The publisher, Omoyele Sowore, is currently with the Department of State Services (DSS) over allegations of plotting trouble through his ‘Revolution Now’ campaign.

More details later…

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BREAKING NEWS

Oil prices surge after attack on Saudi facilities

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Oil prices surge after attack on Saudi facilities

Oil prices surged on Monday after two attacks on Saudi Arabian facilities on Saturday knocked out more than 5% of global supply.

Brent crude jumped 10% to $66.28 a barrel, while West Texas Intermediate rose 8.9% to $59.75 in Asian trading.

Prices pulled back slightly after US President Donald Trump authorised the release of US reserves.

The strike, which the US blames on Iran, has sparked fears of increased risk to energy supplies in the region.

The drone attacks on plants in the heartland of Saudi Arabia’s oil industry included hitting the world’s biggest petroleum-processing facility.

It could take weeks before the facilities are fully back on line. State oil giant Saudi Aramco said the attacks cut output by 5.7 million barrels per day.

Jeffrey Halley, senior market analyst at Oanda said the price spike across oil markets was a reaction to the “political and geopolitical implications” of the attacks.

“The bigger issue is just how secure is Saudi’s infrastructure from attacks?,” Mr Halley said.

US Secretary of State Mike Pompeo said Tehran was behind the attacks. Iran accused the US of “deceit.”

Later Mr Trump said in a tweet the US knew who the culprit was and was “locked and loaded” but waiting to hear from the Saudis about how they wanted to proceed.

The Saudis have not gone into any detail about the attacks, barring saying there were no casualties, but have given a few more indications about oil production.

Energy Minister Prince Abdulaziz bin Salman said some of the fall in production would be made up by tapping huge storage facilities, reports the BBC.

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BREAKING NEWS

Oil prices surge after attack on Saudi facilities

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Oil prices surge after attack on Saudi facilities

Oil prices surged on Monday after two attacks on Saudi Arabian facilities on Saturday knocked out more than 5% of global supply.

Brent crude jumped 10% to $66.28 a barrel, while West Texas Intermediate rose 8.9% to $59.75 in Asian trading.

Prices pulled back slightly after US President Donald Trump authorised the release of US reserves.

The strike, which the US blames on Iran, has sparked fears of increased risk to energy supplies in the region.

The drone attacks on plants in the heartland of Saudi Arabia’s oil industry included hitting the world’s biggest petroleum-processing facility.

It could take weeks before the facilities are fully back on line. State oil giant Saudi Aramco said the attacks cut output by 5.7 million barrels per day.

Jeffrey Halley, senior market analyst at Oanda said the price spike across oil markets was a reaction to the “political and geopolitical implications” of the attacks.

“The bigger issue is just how secure is Saudi’s infrastructure from attacks?,” Mr Halley said.

US Secretary of State Mike Pompeo said Tehran was behind the attacks. Iran accused the US of “deceit.”

Later Mr Trump said in a tweet the US knew who the culprit was and was “locked and loaded” but waiting to hear from the Saudis about how they wanted to proceed.

The Saudis have not gone into any detail about the attacks, barring saying there were no casualties, but have given a few more indications about oil production.

Energy Minister Prince Abdulaziz bin Salman said some of the fall in production would be made up by tapping huge storage facilities, reports the BBC.

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Tribunal concludes and dismisses Atiku’s petition

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Tribunal concludes and dismisses Atiku’s petition
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BREAKING NEWS

Tribunal concludes and dismisses Atiku’s petition

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Tribunal concludes and dismisses Atiku’s petition
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BREAKING NEWS

Tribunal concludes and dismisses Atiku’s petition

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Tribunal concludes and dismisses Atiku’s petition
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BREAKING NEWS

Tribunal concludes, dismisses Atiku’s petition

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Tribunal concludes, dismisses Atiku’s petition

Tribunal holds that INEC and APC did not abandon their pleadings by not calling witnesses.

Tribunal dismisses Atiku’s petition in its entirety.

It also holds that parties will bear their costs.

Other members of the five-man panel, currently pronouncing their own decisions on the petition.

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Tribunal faults Atiku’s witnesses

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Tribunal faults Atiku’s witnesses

Tribunal holds that witnesses called by Atiku to testify on alleged violence are not eyewitnesses.

The former Vice President had called over 60 witness to plead his case.

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BREAKING NEWS

Tribunal faults Atiku’s witnesses

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Tribunal faults Atiku’s witnesses

Tribunal holds that witnesses called by Atiku to testify on alleged violence are not eyewitnesses.

The former Vice President had called over 60 witness to plead his case.

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