Author: straightnewsng.com

The Federal, states and local governments in the country have shared N648.710 billion from the revenue that accrued in September with a warning for them to maintain transparency and imbibe a saving culture for the rainy day. The Minister of Finance, Mrs Zainab Shamsuna Ahmed, who presided over the Federation Account Allocation Committee (FAAC) meeting, Thursday, stressed the need for the three tiers of government to start saving. A statement by Mr Paul Ella Abechi, the Special Adviser to the Minister on Media and Communications, said the Minister tasked members of the committee: “We have to save. We are not only…

As Kano State House of Assembly has commenced investigations into the published video clips showing Kano State governor, Abdullahi Ganduje, allegedly receiving $5 million bribe from contractors, the publisher of the online newspaper, Daily Nigerian, Thursday, appeared and defended the matter before the Assembly committee investigating it. Chairman of the committee set up by the House of Assembly, Bappa Babba Dan Agundi, gave Jaafar Jaafar, the floor to prove the validity of the video clips he published. In the course of his appearance and during cross-examination, he vowed not to disclose the source of the video recording but said he…

Governor Yahaya Bello of Kogi State, Wednesday night, called for ready for aggressive marketing of President Muhammadu Buhari and All Progressives Congress, APC, declaring that the opposition Peoples Democratic Party, PDP, would not be a push-over in 2019 general elections. Governor Bello, who stated this when President Buhari hosted a dinner for youth political appointees at the Presidential Villa, Abuja, warned the APC against complacency, saying the opposition should not be taken for granted, if the APC should win the election. But the Secretary to the Government of the Federation, SGF, Boss Mustapha said that the PDP in its 16…

The new commissioner of police, Akwa Ibom State command, Mr. John Bassey Abang, has served a quit notice to cultists, robbery suspects and other criminal elements in the state, vowing that criminal activity would not be condoned under his leadership. Abang speaking in a maiden press briefing Thursday at the state Police Headquarters, Ikot Akpan Abia in Uyo local government area, said his command would have zero-tolerance for such activities, warning criminal elements to desist from the act or be dealt with according to the law of the land. He assured to enforce the state government’s proscription order on cultism…

The Senate, Wednesday, directed its standing committees to commence immediate investigation into the extent to which the N9.120 trillion 2018 budget was being implemented. The committees were equally charged to conduct checks on the implementation of the $2.78 billion Eurobond by Ministries, Departments and Agencies, MDAs. Speaking at the end of plenary in Abuja, Dr. Bukola Saraki, Senate President, said there was need to determine how projects in the 2018 budget were being implemented, noting that the committees had been instructed to do serious work. Saraki said: ”If you can recall, when we debated the Eurobond, there were a lot…

Judicial officers across the federation have been warned by Justice Walter Onnoghen, the Chief Justice of Nigeria, CJN, to be circumspect while adjudicating over disputes relating to depositors’ funds. The CJN, who spoke at a one-day sensitization seminar the Nigeria Deposit Insurance Corporation, NDIC, organised for High Court Judges, said the efficiency, satisfaction and success of the sector could only be measured by the level of public confidence and assurance that deposits and investments are safe and secure. He said the seminar was meant to expose the Judiciary to the evolving processes of dispute resolution between banks and depositors, as…

Vice Presidential candidate of Peoples Democratic Party, PDP, Mr. Peter Obi, Wednesday, called on the European Union to insist on a level playing field for all candidates and parties during elections in Nigeria because “there is a need to get the country back to its feet and make it better for our children.’’ He said this when he met with delegations from European Union, EU and World Economic Forum, WEF, in Abuja to deliberate on the imperative of free and fair elections in 2019 and how best to grow the nation’s economy through collaboration. Obi, who represented the presidential candidate…

Against the backdrop of the escalating global trade wars, Mr. Godwin Emefiele, the governor of Central Bank of Nigeria, CBN, has urged Nigeria to take measures to protect the local economy. Delivering the keynote address at the annual CBN seminar for Finance Correspondents and Business Editors in Lokoja, Kogi State on Wednesday, Emefiele hinted that the apex bank’s decision to restrict 41 items from accessing official foreign exchange resources two years ago was in line with this measure. Earlier at the just-concluded Annual Meetings of the World Bank and International Monetary Funds, IMF, in Indonesia, Senator Udoma Udoma, the Minister of…

A total of 18 goals were scored, four draws and two wins were recorded during the Wednesday’s UEFA champions league. PSV Eindhoven          2                Tottenham          2 PSG                          2                Napoli                 2 Lokomotiv Mosco     1                Porto                  3 Club Brugge              1                Monaco              1 Dortmund                4                 Atletico Madrid  0 Galatasaray              0                Schalke               0

Eight years after UN building was bombed by Boko Haram insurgents, the UN’s family has begun partial movement to the UN House in Abuja, Edward Kallon, the UN Resident Coordinator, says. UN building was bombed through a car bomb explosion on Friday, August 26, 2011 in Abuja which killed at least 21 and wounded 60 Kallon announced the movement to the building at the celebration of the 73rd  UN Day on Wednesday in Abuja. “The 2018 UN Day is a very important day for the UN system in Nigeria as it underscores the excellent cooperation and partnership of the UN and…