Author: Our Reporter

The nation earned  N797.52 billion as revenue from Value Added Tax (VAT) from January to October 2017, the Minister of Finance, Mrs. Kemi Adeosun, has said. Details of the 2017 VAT collection show that the highest VAT collection of N86.71 billion was achieved in September 2017, while N84.67 billion and N83.315 billion were recorded in May and October, respectively. The lowest VAT earning of N69.20 billion was in March 2017. The figure was an increase of 19.78 per cent over the corresponding period in 2016. A statement by Mr. Oluyinka Akintunde, Special Adviser, Media & Communications to the Minister of…

The National Broadcasting Commission (NBC) has sanctioned 21 broadcast stations in the country for various breaches of the broadcasting code during the third quarter of this year. A statement issued by the Commission Tuesday indicated that the affected stations contravened the Nigerian broadcasting code, which includes breaches of the rules on hateful speech, vulgar lyrics, unverifiable claims and unverifiable claims. “All the erring stations were fined according to the provisions of the Nigerian broadcasting code,” NBC indicated. It reminded the erring stations that they have the duty to promote the socio-economic well-being of the country, and urged them to abide…

Oando Plc, recorded impressive turnover of N383.5 billion or 16 per cent in the third quarter of 2017 against N329.9 billion recorded same period last year, while its N247 billion debt was reduced to N229 billion by N18 billion as at December last year. The company’s gross profit increased from N28.6 billion to N71.2 billion or 148 per cent while profit-after-tax scaled to N7.1 billion by 120 per cent from the company’s loss of  N35.8 billion in same quarter last year. Commenting on the results, Wale Tinubu, Group Chief Executive, Oando PLC said “After five consecutive quarters of contraction, Nigeria’s…

The Nigerian Navy has deployed seven ships and 37 patrol boats for maritime security drill in the Niger Delta Region of the country. Rear Adm. Bello Al-hassan, the Flag Officer Commanding (FOC) Central Naval Command (CNC), stated that the command had commenced a sea/backwater exercise code named: ‘Octopusgrip’ in Onne, Rivers state. Rear Adm. Al-hassan, speaking Tuesday to journalists at the Federal Ocean Terminal, Onne, said the sea-based operation is to enhance the combat readiness of the troops which began on Monday and lasted for three days. He said the exercise would give its personnel a great opportunity to exhibit…

Hope of resettlement of residents affected by gully erosion in Uyo, the state capital of Akwa Ibom State is dimming as the N50 million counterpart funding paid by the state government to World Bank is inadequate. Alhaji Salisu Dahiru, National Project Coordinator of NEWMAP, who stated this Thursday at the formal launch/flag-off of Akwa Ibom State NEWMAP along Urua Udofia Street, Uyo, said the N50 million paid by Akwa Ibom government was “tangential to relocation of residents affected by the menace.” Dahiru, who represented Dr. Amos Abu, Task Team Leader of World Bank and NEWMAP, appealed to the state government…

A Senior Special Assistant to the President on National Assembly Matters (Senate), Senator Ita Enang wants Akwa Ibom government to clarify some issues surrounding the establishment of some recently inaugurated industries in the state. On September 23, this year, Vice President, Yemi Osinbajo, a visitor to Akwa Ibom, inaugurated Electric Metre Manufacturing Company and Syringe Factory in Onna Local Government Area of the state. Governor Udom Emmanuel had flagged off the construction work of other industries in Akwa Ibom. Speaking on Planet Radio FM 101, Uyo in a sponsored Akwa Ibom People’s Mandate programme over the weekend, Enang remarked “I…

An undercover investigation has revealed how a security guard at the Federal Government Girls College (FGGC), Langtang, Plateau state, pimps school girls for men for N5,000. The Cable reports that Bani Guest House, a popular lodge along the Langtang highway, is usually patronized by the girls where they attend Sunday evening parties and their boyfriends also come there to visit them. Seeing the robust offer made by The Cable undercover reporters who disguised as visiting businessman in need of girls to have nice time with, the security guard was happy and talked excessively on how he pimps the girls for…

Anti-snake venom drugs worth N8 million have been procured by Gombe State Government for Snake Bite Treatment Centre, Kaltungo. Dr. Kennedy Ishaya, Gombe State Commissioner for Health, who told newsmen in Gombe, said the state government would inform the public as soon as the venom drugs arrive at the centre. Kennedy, who said the centre offers free treatment, antibiotics and surgical care to patients bitten by snakes, noted that the 100 ampules of drug provided to the centre by the Federal Government in July had been exhausted. He said patients from parts of the country, Cameroun and Chad Republic were…

A Muslim man, bagged a doctorate degree in Christian studies at the University of Ilorin, Kwara State, declared that the earth was throttling fast toward a certain end and the survival of the earth depends on man’s will to embrace God totally. Naija News gathered that Mr. Rasheed Jimoh-Ijaodola, who is a professor of Law and Dean, Oba Erediauwa College of Law, Igbinedion University, Okada, Edo State further said “The end time scenario is a picture of man eating man and that the problem will most likely start on the claim on ownership of Jerusalem.” A statement by Obajide Ilugbo,…

Osun State Police command has arrested a 29-year-old man for allegedly raping an 85-year-old woman to coma in Ilesa. Parading the suspect, Kehinde Ariyo, before newsmen in Osogbo, Mr. Fimihan Adeoye, Osun state police commissioner, told journalists that the incident happened at Ogudu area of the town, around 11pm last Friday. Information gathered revealed the woman sustained various degrees of injuries on her body, including her private organ, and eventually went into coma before she was resuscitated at a private hospital where she is receiving treatment. “The woman passed out during the rape, but came back to life after some…