Author: straightnewsng.com

Mr Boss Mustapha, Secretary to the Government of the Federation, SGF, yesterday in Abuja received the report of the Presidential Independent Fact-Finding Panel on National Health Insurance Scheme, NHIS. The News Agency of Nigeria (NAN) reports that a seven-member panel was inaugurated in November to investigate the conflict that engulfed the NHIS and led to the suspension of its Executive Secretary, Prof. Usman Yusuf. Mustapha said that the government’s decision and recommendations of the panel would be made public at the appropriate time. He said that NHIS was critical in enabling government deliver on its promise of qualitative and affordable…

Funds in the Excess Crude Account, ECA, were spent on Super Tucano Jets and other military equipment, the Minister of Finance, Mrs. Zainab Ahmed, has explained. There have been concerns about the depletion of the ECA, following the disclosure, last week, that it was depleted from over $2 billion to about $631.5 million within one month. Addressing newsmen in Abuja yesterday, the minister disclosed that the withdrawal of the $1 approved for the military to fight insurgency, in addition to the Paris Club Refund to state governments, were responsible for the sudden reduction in the account. She said: “The ECA…

Minister of Power, Works and Housing, Babatunde Fashola, has said promises made by the All Progressives Congress, APC, were aspirational, and not necessarily the reality. Fashola said the Muhammadu Buhari-led APC government has generated 1,000MW of power every year since it took over in 2015. On the gulf between the promise of 20,000MW and the delivery of 3,000MW, Fashola said the promises were aspirations. He said: “I think it is time to come down to the reality of the bolts and nuts of governance. It is, in fact, aspirational to say we want to get here. And if we haven’t…

Christmas, as an annual festival commemorating the birth of Jesus Christ, is observed primarily on December 25 as a religious and cultural celebration among billions of Christians around the world. It is a period characterised by love, giving and togetherness. Therefore, as we celebrate the birth of Christ, let’s eschew tendencies of hate and divisiveness, but imbibe the spirit of love, sharing and peace. May the melody and spirit of Christmas fill your homes with love and peace. In this loveliest and happiest of seasons, may you find more reasons to celebrate. From all of us at Straightnews, here is…

By Sampson Sampson One of the attributes of a good leader is integrity. In earnestness, cannot be credited with integrity.  Not even his style of administration. For some time, he has hoodwinked many through concerted self-marketing to believe that his background in the banking sector has naturally foisted on him the attribute. Perhaps, this deceitful posturing misled the Nigeria Television Authority, Abuja to confer on him albeit erroneously the INTEGRITY AWARD earlier in the year. But nothing can be farther from the truth as evidential proofs testify to Governor Udom’s integrity deficit. In addition to the integrity deficit, Udom is…

As President Muhammadu Buhari’s planned visit to flag off his re-election campaign on Friday, December 28 draws near, Akwa Ibom government has given reasons why Godswill Akpabio International Stadium, Uyo may not be free for the reception ceremony. The stadium situated along Goodluck Jonathan Boulevard, Uyo has a sitting capacity of 30,000. The State Chairman of the All Progressives Congress, Akwa Ibom State, Ini Okopido, had in a letter dated December 20, 2018 applied for the use of the stadium. The coronation of Supreme Council of Ibibio Traditional Rulers (Ifim Ibom Ibibio) had earlier fixed the coronation of the Patriarch of…

The presidential candidate of Peoples Democratic Party, PDP, Atiku Abubakar, has alerted the South East and South West geo-political zones of impending danger in falling prey to the gambit, warming them to take their destinies in their hands by doing the right thing in the 2019 general elections. This followed last week’s statement by Boss Mustapha, the Secretary to the Government of the Federation, SGF, that the South-East will get a shot at presidency in 2023 after President Muhammadu Buhari’s second term in office. At the same, Vice President Yemi Osinbajo has used return of the presidency to South West…

Investors in the nation’s capital market have sustained interests in the Federal Government’s Sukuk, as they oversubscribed the second edition of the ethical instrument public offering. The result of last week’s exercise as announced by the Debt Management Office, DMO, indicated that N132 billion was staked for N100 billion Sukuk put on offer. With a seven-year tenure and 15.743 per cent yield, the Sovereign Sukuk would be due 2025. In the announcement, the DMO said it received subscriptions from 2073 investors. “The high success rate of the Sukuk, which is the second by the Federal Government of Nigeria showed investors’…

President Muhammadu Buhari’s administration has spent N2.7 trillion on infrastructures since assumption office in 2015, Vice President Yemi Osinbajo said weekend. The federal government, according to Osinbajo, is committed to ensuring that monies belonging to Nigerians are not stolen but used for nation building. He also said the country was earning 60 percent less than it earned in the past 10 years, adding that despite this low earning, the current administration has spent more in building infrastructure than any other government in the country. The Vice President stated this at the palace of the Ovie of Ughelli, Oharisi III when…

Ebony in complexion, she was afraid to speak to the press. Displaying her wares for sale to customers in Akpan Andem Market, Uyo, she spoke in a subdued voice. “I do not like the way I am dressing because of the nature of my business. “I want to know the medium the interview will be used before I grant the interview, though I have been eager to speak to a journalist. Can I see what you have done or published before?” On seeing the website of the online newspaper, she obliged. With eyes dazzling like a gazelle, she began “My…