Business

Python Dance: Ekweremadu writes Buhari, urges dialogue to avert another war

By Emmanuel Aziken, Political Editor The Deputy President of the Senate, Senator Ike Ekweremadu, has written President Muhammadu Buhari urging him to go the way of dialogue and call off the ongoing Operation Python Dance in South East to avoid the kind of tension that could degenerate to full scale civil war. Ekweremadu In calling for restraint on the part of the president, Senator Ekweremadu in the five page letter urged the president to heed the advice of his security advisers who he said had urged the president to lessen tension in the Southeast through amending his policies to include the region in his appointments and infrastructure development plans. Ekweremadu, the highest elected political office holder from the Southeast nevertheless restated his full commitme...

Kaduna APC endorses Buhari, El-Rufai for 2019

…El-Rufai apologises to party members By Ben Agande Kaduna—The All Progressives Congress in Kaduna State has endorsed the re-elections of President Muhammadu Buhari and Governor Nasir El-Rufai in 2019. This is even as the governor of Kaduna State, Mallam Nasir El Rufai, apologized to members of All Progressives Congress, APC, in the state for any offence any government or party official may have caused them in the discharge of their duties. The APC in the state made this known at a stakeholders’ meeting with party leaders from the 255 electoral wards of the state on Saturday. The meeting at the Umaru Musa Yar’Adua Hall, Kaduna was attended by Governor El-Rufai, two of the senators from the state, members of the House of Representatives and the State House of Assembly, ...

Nigerian businessman urges FG to relax restrictions on food export

Johannesburg – Mr Ken Ayere, a South Africa-based Nigerian businessman, on Monday urged the Federal Government to relax restrictions on the export of some food items. Ayere, a former President of Nigerians in Diaspora, in Johannesburg on Monday said that Nigerian restaurant operators in that country had challenges importing some food items. He noted that the level of acceptability of African cuisine, especially Nigerian Foods, was very high. “We have this challenge of getting some of our local foods into South Africa. For instance, we import plantain from the United States of America and yam from Ghana. “ By the time these foods arrive and the time used to check them, some will get rotten and not suitable for consumption.” Ayere, a former bureau chief of NAN in South A...

We’re scrap iron dealers, suspected rail vandals tell RRS

By Olasunkanmi Akoni LAGOS—Operatives of Rapid Response Squad, RRS, Lagos State Police Command, weekend, arrested five suspects for stealing 28 iron ballasts meant for rail lines in some parts of Lagos metropolis. The five suspects, who claimed to be scrap metal dealers, were intercepted inside a bus by the operatives at about 1:15a.m., in Agege, area of the state. The suspects and some of the 28 iron ballasts meant for rail lines in Lagos. The suspects— Atairu, 25; Muritala, 23; Lawal, 25; Olaunji, 27, and driver of the bus, Ishola, 38— in their statements to the Police, confessed that an official of the Nigerian Railway Corporation, NRC, sold the iron to them because they deal in metal scraps. According to RRS Commander, Assistant Commissioner of Police Tunji Disu, p...

Police arrest 59 IPOB members, say members will be tried as terrorists

…Buhari holds closed-door meeting with Northern govs…Jonathan sues for peace, asks Council of State to intervene…Senate to meet security chiefs…Army can’t declare us terrorists— IPOB…No hiding place for IPOB members in Anambra—Obiano By Chioma Gabriel, Johnbosco Agbakwuru, Dirisu Yakubu & Dennis Agbo UMUAHIA—The Abia State Police Commissioner, Anthony Ogbizi, has said that with the proscription of Indigenous People of Biafra, IPOB, by governors in the South-East and its declaration as a terrorist group by Defence Headquarters, arrested IPOB members would be tried as terrorists and anybody found with Biafra materials would be arrested and prosecuted. Nigerian army feeds arrested IPOB members with rice, fried chicken This came as President Muhammadu Buhari,  yesterda...

Everyone has his own meaning of restructuring – Governor Ahmed

Governor Abdulfatah Ahmed of Kwara State is the sixth democratically elected governor of the state. The banker turned politician served in the immediate past administration of Governor Bukola Saraki. In this interview he responds to questions on developments in the state and the impact of his six year administration on Kwara. Excerpts: By Demola Akinyemi What is the current economic status of Kwara State and what are you doing to increase its viability? The economy of Kwara State cannot be insulated from the Nigerian economy.  We are all aware that the problems we are faced with have been with us over a long time.  We have over a long time depended on the crude oil driven economy. So any change in the price of crude oil will naturally affect the economy. In Kwara, thin...

Who will tell Buhari the truth about the economy? — 1

By Dele Sobowale President Buhari, while reminding the Ministers and CBN Governor that reviving the economy was one of the major planks on which the campaign of his party was based, expressed gladness that things were looking up after two years of serious work —Femi Adesina, Special Adviser on Media and Publicity. NO President or Prime Minister can know everything – even if he holds ten doctorates. One lesson most Presidents soon learn, some too late, is that their top officials can and often mislead them with their briefings. Ministers tell the President what he would love to hear not what he should know. Late President John Kennedy of the US learnt this hard fact after the Bay of Pigs disaster which his top military advisers had assured him would never fail. Presiden...

APC: Gov Shettima breaks silence, says no aspirant questioned primaries

By Emmanuel Aziken, Political Editor & Ndahi Marama Governor Kashim Shettima of Borno State yesterday said that none of the 12 aspirants questioned the process that led to the emergence of Dr. Tony Nwoye as the candidate before, during and after the primaries. Governor Shettima who chaired the panel spoke when he presented the report of his panel to the party. Governor Shettima, was accompanied by the Committee’s Secretary,  Navy Commander Giwa Daramola (Rtd) and three members,  Engineer Muazu Magaji, Dr. Ray Murphy and Alhaji Mustapha Mayana when he presented the report to the National Organizing Secretary of the APC, Osita Izunaso at the residence of the party’s chairman, Chief Odigie-Oyegun in Abuja on Sunday with chairman awaiting to be passed the report. Shett...

Pinnick: Ifeanyi Ubah never paid Rohr

NFF president Amaju Pinnick has maintained Ifeanyi Ubah has never paid Super Eagles coach Gernot Rohr and he will want the oil mogul to give a breakdown of his financial assistance to the football house. Pinnick It has been speculated that Ifeanyi Ubah paid Rohr before the NFF finally secured a corporate sponsor to foot the salaries of the coach in April. Ifeanyi Ubah, who is also chairman of Anambra FA and owner of NPFL outfit FC Ifeanyiubah, it was also said assisted financially during the visit of FIFA president Gianni Infantino to Nigeria. However, Pinnick, through his media adviser Callistus Ebare, made several clarifications. “My principal wants to make it very clear that at no time did Ifeanyi Ubah pay the salary of Gernot Rohr,” Ebare said on behalf of the NFF ...

Bear market: Short term investors can reduce exposure — Alangrange CEO

The inflation figure just released by the National Bureau of Statistics, NBS, showed a declining inflation but rise in food inflation, which could affect the investible income of retail investors and their willingness to participate in the capital market. In this interview, Mr. Samson Amedu, Managing Director/CEO, Alangrande Securities Limited, said that food inflation as a single factor cannot determine the direction of the market. He also provided insight on how best investors could manage their portfolio to reap maximum benefit. By Nkiruka Nnorom IS the impact of the rising food inflation not capable of reversing the progress made in the equities market already? First of all, there are a number of factors that influence the prices of shares in the market. A number o...

Ex- ALGON chief makes case for effective LG administration

Former Deputy National President of Association of Local Governments of Nigeria, ALGON, Itiako Ikpokpo, has said the task of making local government administration effective was a collective task. Ikpokpo, who is chairman of Isoko South local government council, said in an interview with newsmen:   “Today is definitely a reassuring one. I personally wish to acknowledge with great appreciation to God for His infinite mercies for the assignment and to a large extent the people I met and worked with, the lessons learned, and the memories made in my two years as Deputy National President of ALGON, they have been very warm. ‘’I’m much honored to be part of a truly outstanding national executive of the 774 with excellent regime identity. At a time the association was in near...

OSUN 2018: APC, PDP in war of words over Aregbesola’s successor

By Gbenga Olarinoye & Gbenga Oke Osogbo—The Osun State chapter of All Progressives Congress, APC, has cautioned the Peoples Democratic Party, PDP, in the state to stop the nasty criticism of the APC led government saying the party should rather start articulating its own agenda for the people of the state. Governor Ogbeni Rauf Aregbesola of Osun state In a statement by its Director of Publicity, Research and Strategy, Mr Kunle Oyatomi, in Osogbo yesterday, stated that the PDP was never an alternative to APC. But in a swift reaction, the PDP described the outburst of the APC as that of a drowning sailor who would ordinarily want to hold on to every flimsy straw with the hope of survival. According to the APC, “We challenge these critics of Ogbeni Rauf Aregbesola’s p...