FIFA Gives Nigeria Final Deadline Or Face Suspension From International Competitions

FIFA

The World football governing body, FIFA, has given Nigeria final deadline to avoid international suspensions due to the interference in the Nigeria Football Federation. In a letter issued on Tuesday, FIFA said that the Nigerian soccer federation headquarters must be handed back to the elected leadership by Monday, August 20, 2018 or the country will be suspended from international competitions. This comes after the Federal Government of Nigeria ordered the current board of the Nigeria Football Federation, NFF, to vacate their office in respect to a ruling by the Supreme…

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2019 will mark Nigeria’s end – MASSOB

MASSOB

Movement for Actualization of Sovereign State of Biafra, has said true nationhood has remained stillborn and peace elusive in Nigeria. In statement issued in Abakaliki by its National Leader, Comrade Uchenna Madu, MASSOB said 2019 will mark the expiration of the Nigeria nation and that President Muhammadu Buhari will be its last President. According to the group which expressed dismay over concentration of infrastructure in the North and Western part of the country with new ones set to be established when according to it the South as a oil producing…

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Dismantling Nigeria’s autocracy (1)

The problem of Nigeria is not corruption. The problem of Nigeria is autocracy. And the major problem facing Nigeria is how to dismantle the autocracy. Restructuring agitations point to the challenge of handling it. So, pending before the National Assembly is a bill to devolve police powers from the century old norm which had kept police powers in federal realm as opposed to the residual domain where such powers ordinarily belong. The bill seeks to establish state or even Local Government Police. This is a half-hearted attempt to dismantle the…

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Nigeria: A country that knows not her fuel consumption

The Nigerian National Petroleum Corporation (NNPC), last week, declared that Nigeria, Africa’s biggest crude exporter, doesn’t know her daily fuel consumption data. Adeola Yusuf writes on the implications of this for a country with 60 years of crude oil production The shocker that Nigeria does not have accurate data of daily consumption for Premium Motor Spirit (PMS) also known as petrol came from unexpected quarters – the NNPC. Chief Operating Officer, Downstream, for the corporation, Engr. Henry Ikemefuna Obih, who declared this at the just concluded Nigeria Oil and Gas…

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$13bn Nigeria, Algeria gas pipeline delivery deals hit the rocks

  The $13 billion gas pipeline delivery deals between Nigeria and Algeria have hit the rocks, New Telegraph has learnt. Tagged the Trans-Saharan Gas Pipeline (TSGP), the proposed natural gas pipeline from Nigeria to Algeria, it was learnt, had been abandoned after financing fell through. The Nigerian government is saddled with the fresh deals between it and Morocco. A document by New York City-based Morocco World News showed that cost of the Trans-Saharan Gas Pipeline (TSGP) investment is estimated at $13 billion – $10 billion for the pipeline and $3…

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Nigeria, France sign $475m agreements for devt projects

  Macron to Buhari: We can’t fix all your problems   Nigerian and French governments yesterday signed three Memorandum of Understandings (MoUs) worth $475 million for various projects in Lagos, Ogun and Kano States.   President Muhammadu Buhari and French President Emmanuel Macron witnessed the signing at the Presidential Villa, Abuja.   One of the MoUs is a letter of intent for the financing of the urban mobility movement programme initiated by the Lagos Sate Government.   The programme, which is valued at $200 million, comprises the development of eight…

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Britain, Nigeria exploring ways to list naira bonds in London

Britain and Nigeria are exploring ways to list naira-denominated bonds on the London Stock Exchange to help fund infrastructure projects in the West African country, the City of London’s Lord Mayor told Reuters.   Charles Bowman, who acts as an ambassador for the British capital’s financial district, made the comments during a three-day visit to Nigeria during which he held talks with the vice president, trade minister and representatives of both Nigeria’s stock exchange and Central Bank. Nigeria, once a darling for frontier investors, suffered its worst recession in a…

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Smartphones shipment to Nigeria down by 6.4%

  There were fewer demands for smartphones by Nigerians in the first quarter of this year, leading to a 6.4 per cent shipment to the country, New Telegraph has learnt.   This is according to latest data from International Data Corporation (IDC).   Nigeria, alongside South Africa, is seen as the biggest smartphone market in Africa, but the two markets recorded shipment decline in the period, thus impacting the continent’s record negatively.   The global technology research and consulting firm’s Quarterly Mobile Phone Tracker shows that generally, a total of…

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Nigeria imports N42.3bn wheat in 1 month as U.S. raise price

  Importers are to pay N42.3 billion ($115.7 million) this month on 275,924 tons of wheat, as United States has doubled price of the grain.   The United States Department of Agriculture (USDA) has said this month that the costs of wheat production had increased price to $420 per ton.   It was gathered that high input costs such as quality seeds and fertilizers were responsible for the increase in price.   This year, Nigeria is expected to spend N831.6 billion ($2.3 billion) on importation of 5.5 million tons of…

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Nigeria vs Iceland: Rohr ready to ring changes

super eagles

…may drop Ighalo for Iheancho …to bench Shehu as Iwobi, Ndidi get new roles   Super Eagles’ Manager Gernot Rohr is ready tweak his starting lineup for their next World Cup match against Iceland on Friday as he plans to drop some players and hand others new roles, New Telegraph can report.   Feelers from the team’s camp suggested the coach would drop striker Odion Ighalo for Kelechi Iheanacho to lead his line. The Leicester City striker replaced the Chanchung Yatai forward in the 75th minute of the 2-0 loss…

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