World Bank approves $3bn power loan for Nigeria

The World Bank has agreed to give Nigeria a $3 billion loan for the expansion of the transmission and distribution facilities of the power sector. Minister of Finance, Zainab Ahmed, made this known on Sunday while addressing journalists on the activities of Nigeria at the annual meetings of the International Monetary Fund (IMF) and World Bank Group in Washington DC, US. More details later…

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Northern govs condemn increased banditry in N’west

The Chairman of the Northern Governors Forum, Governor Simon Lalong of Plateau State has condemned the increasing wave of armed banditry in the North West region of the country. Lalong, in a strong worded statement issue and signed by his Deputy Director of Press and Public Affairs Mr Solomon Gujor and made available to news men in Jos on Monday, expressed shock over the killing of 37 innocent citizens in Sokoto State by armed bandits in Goronyo Local Government of the state. Lalong who commiserated with his Sokoto State counterpart,…

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Ooni to Buhari: Drums of war sounding in Nigeria

  …says South-West forests overtaken by strangers   The Ooni of Ife, Oba Adeyeye Ogunwusi yesterday told President Muhammadu Buhari at the Presidential Villa, Abuja that the drums of war were fast sounding loud across the country. Oba Adeyeye was at the Villa in view of the rising insecurity challenges in Nigeria, including banditry, kidnapping, armed robbery and insurgency. Speaking to State House Correspondents after the closed-door meeting, the traditional ruler explained that the South-West does not want to experience any other war. The royal father said that he came…

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Nigeria’ll spend N2.5trn on debt servicing in 2019 – Atiku

Presidential candidate of the Peoples Democratic Party (PDP) in the February 23, 2019 election, Alhaji Atiku Abubakar, has said that Nigeria is losing her independence to her creditors through unsustainable debt. Atiku, who was reacting to the revelation by National Bureau of Statistics (NBC) that Nigeria spent a whopping N610.2 billion on domestic debt servicing in the first quarter of 2019, said by the end of the year, the total debt servicing would amount to N2.5 trillion. The former vice president, in a statement yesterday by his media adviser, Paul…

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Eko Disco kicks as customers’ assault on staff worsens

Man faces prosecution over knife attack on Disco’s staff The Eko Electricity Distribution Company (EKEDC) on Thursday kicked as physical assaults on staff of the utility firm by its customers worsened.   A customer of the Disco, Mr. Sulaiman Quadri, is already in police custody over alleged knife attack on a staff of he company and Head, Media and Communications, EKEDC, Mr. Sulaiman Aledeh,  who confirmed the attack, begged  “all customers to desist from assaulting staff of the company.” The incident, Aledeh said in a statement on Thursday, occurred on Thursday…

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Buhari to Fulani herdsmen: Don’t leave Southern Nigeria

President Muhammadu Buhari has urged Fulani herdsmen and other Nigerians to ignore a recent call by the Northern Elders’ Forum (NEF) and the Coalition of Northern Groups (CNG) for herders to relocate from southern Nigeria to the northern parts of the country. The controversial order, issued on Tuesday, was based on the claims that the safety and security of the Fulani herdsmen and their cattle could no longer be guaranteed in the southern part of the country. The President, in a statement issued by his Senior Special Assistant on Media…

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NBS: Nigeria’s inflation rate drops to 11.22%

The consumer price index (CPI) which measures monthly inflation rate crashed to 11.22 per cent in June compared to May figure of 11.40, a data of National Bureau of Statistics (NBS) obtained yesterday has shown. The reduction represents 0.18 per cent points lower than the rate recorded in May 2019 (11.40) per cent. “The composite food index stood at 13.56 per cent in June 2019 compared to 13.79 per cent in May 2019. This rise in the food index was caused by increases in prices of bread and cereals, meat,…

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Customs refers mentally unstable officer for rehabilitation

Mr. Nura Dalhatu, an Assistant Superintendent of Customs who attempted taking over the position of Comptroller General of Customs (CGC), Col. Hameed Ali (rtd) has been recommended for mental rehabilitation. Customs Chief Public Relations Officer, Joseph Attah, made the disclosure to New Telegraph in his Abuja office yesterday. He, however, didn’t disclose the rehab’s location. He said the decision to send officer Dalhatu, who hails from Katsina State, for rehabilitation was based on doctor’s recommendation. “I think from what I know, he is recommended for rehab. He wasn’t in the…

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‘Atiku’s witness: Election results mutilated in Borno to favour Buhari’

Prosecution Witness 23 in the ongoing hearing of a petition filed against the February 23 election which produced President Muhammadu Buhari, yesterday, told the Presidential Election Petitions Tribunal sitting in Abuja that all the results sheets in Borno State were mutilated to favour Buhari and his party, the All Progressives Congress (APC). Presidential candidate of the Peoples Democratic Party (PDP), Atiku Abubakar and his party had approached the tribunal to challenge the outcome of the election. The witness, who was collation agent for the PDP, Nicholas Msheliza, added that virtually…

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NJC recommends Ibrahim Muhammad as substantive CJN

The National Judicial Council (NJC) has recommended Ibrahim Muhammad to President Muhammadu Buhari as chief justice of Nigeria (CJN). Soji Oye, spokesman of the council, disclosed this in a statement on Wednesday. Muhammad has been occupying the office in acting capacity since January when Buhari suspended Walter Onnoghen, former CJN, who was accused of false declaration of assets.

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