Osinbajo: Nigeria remains investment destination in Africa

• Explains nation’s land border closure   Vice President Yemi Osinbajo has urged Nordic investors to take advantage of the friendly business climate in Nigeria to invest in key sectors of the economy, saying that the country is the investment destination in Africa.   Osinbajo, who also explained reasons for the closure of Nigeria’s land borders, said with the signing of the African Continental Free Trade Agreement, it was important for Nigeria to take major steps to address issues bordering on smuggling and dumping of products imported via neighbouring countries.…

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BBNaija: Mercy receives N30m, car

Winner of Big Brother Naija, BBNaija 2019 reality television show, Mercy, has finally received the cheque of N30 million from the organisers of the programme.   Mercy was presented the money and a car on Tuesday.   The presentation was done at the BBNaija Press Conference, which held in Lagos.   Mercy emerged winner of the just concluded reality show tagged, “Pepper Dem” after beating 25 other participants to the grand prize.   Mercy had trounced Mike, Frodd, Omashola, and Seyi, the top five BBNaija housemates, who contested for the bragging…

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Two policemen kidnapped in Rivers

Gunmen on Tuesday abducted two policemen in Ngo community of Andoni local government area of Rivers state. According to the News Agency of Nigeria (NAN), the officers were abducted on Monday and whisked to an unknown location.   The identities of the policemen had not been ascertained as of the time this report was filed. The agency said Nnamdi Omoni, spokesman of the Rivers Police Command, confirmed the report but refused to go into details. He was said to have promised to give details of the circumstances surrounding the abduction…

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Insecurity: Why Army shifted nationwide operation –  Investigation

…DHQ keeps mum There were indications Tuesday, that the Nigerian Army may have shifted commencement of its operations across the six geo-political zones of the country, owing to some alleged “logistics challenges”.   New Telegraph recalls that the Nigerian Army had, on September 25, disclosed plans to commence a nationwide operation on Monday, October 7.   The Acting Director of Army Public Relations, Col. Sagir Musa, who conveyed the plan, had said, among others, that: “In her spirited efforts to combat insecurity across the nation, the Nigerian Army (NA) is…

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2020 budget’ll mortgage Nigeria’s future – PDP

National Assembly

The Peoples Democratic Party (PDP) has said the N10.7 trillion 2020 budget proposal presented by President Muhammadu Buhari to the National Assembly would mortgage the future of the country.   The party in a statement by the National Publicity Secretary, Kola Ologbondiyan, said the budget was skewed to serve the interest of the rich, noting that projects that would have direct bearing on the wellbeing of the masses were not substantially accommodated in the overall expenditure profile.   According to the PDP, the 2020 budget proposal showed streaks of padding and…

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FG shortchanging Bayelsa, others on oil subsidy – Finance Commissioner

  News (pix: Commissioner for Finance, Mr. Maxwell Ebibai) The Bayelsa State government, on Tuesday, accused the Federal Government of illegally deducting 4% as fuel subsidy from its monthly allocation, which has amounted to over N450 billion in the last 13 years.   The Commissioner for Finance, Mr. Maxwell Ebibai, stated this in Yenagoa during the monthly transparency briefing for the month of August 2019.   Ebibai said the deduction was made without the approval of the Council of States, which dated back to 2006 after the debt relief granted…

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Plateau: Conduct LG elections in suspended areas, PDP candidates tell Lalong

The Chairmanship and Councillorship Candidiates Forum under the Peoples Democratic Party (PDP) Plateau State Chapter has called on Governor Simon Lalong to mandate the Plateau State Independent Electoral Commission (PLASIEC) to conduct elections in Barkin Ladi, Riyom, Jos South and Jos North LGAs which were hitherto excluded from the earlier polls. The Forum also called on lawmakers in the state, especially members of the State House of Assembly, to join them in what it called, “a noble quest in ensuring that the tenets of democracy are wholesomely upheld”. The group…

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Dubai ruler, princess set for legal battle in London next month  

Jordanian Princess Haya bint al-Hussein, the estranged wife of Dubai’s ruler Sheikh Mohammed bin Rashid al-Maktoum, appeared at the High Court in London on Tuesday in the latest round of a battle over the welfare of their two children.   At a preliminary hearing in July, she had asked the court to protect one of her children from a forced marriage and to grant a non-molestation order, a type of injunction that protects against harassment or threats, reports Reuters.   The two parties said in a statement at the time…

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2020 Budget: I have cold, lost my voice because of hard work – Buhari tells NASS

President Muhammadu Buhari on Tuesday disclosed that he had not only lost his voice, but also had a cold òn account of his working hard. The President said this during the presentation of the 2020 budget to the joint session of the National Assembly. Buhari, who was about to commence the reading of his speech, apologised to lawmakers for losing his voice and his inability to speak audibly. According to Buhari: “Before I proceed to read the details of the budget, let me apologise for my voice. “As you can…

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2020 budget’ll further impoverish Nigerians – CUPP

Onyekachi Eze, Abuja The Coalition of United Political Parties (CUPP) has described the 2020 budget presented to the National Assembly by President Muhammadu Buhari as empty in substance and value. The coalition said its implementation would further impoverish Nigerians because it has no serious source of funding except taxing the people. CUPP in a statement Tuesday by its spokesperson, Ikenga Ugochinyere, the coalition noted that the budget presentation has shown that President Buhari has no formula to save the nation’s economy from the impending final ruins caused by his mismanagement.…

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