Author: straightnewsng.com

As 2019 general elections in the country close in, politicians are re-strategising and engaging in serious horse trading to grab power from their perceived opponents. Dele Momodu, veteran journalist cum media mogul, shared on his Twitter page this evening, Wednesday as he wrote that: All Progressives Congress defectors meeting with the Senate President and Peoples Democratic Party National Chairman and Chieftains in Ilorin right now… Recall that two weeks ago, a new faction in the All Progressive Congress (APC) emerged, formed by aggrieved members of the newPeoples Democratic Party known as the Reformed-All Progressives Congress (R-APC), Senate President Bukola Saraki, House…

The moribund Ibom Science Park sited in the heart of Uyo and wholly owned by Akwa Ibom Government was, Wednesday, given a lease of life 18 years after its incorporation. The Victor Attah administration that ruled from 1999 to 2007 initiated the project with a sum of N6 billion for completion in two years though it was alleged that the contractor collected N5.2 billion and bolted, leaving the park located on an expanse of 122 hectares in Afaha Oku, Uyo, Akwa Ibom capital to rot away. The signing of Memorandum of Understanding (MOU) between the Akwa Ibom State Government and…

The former Real Madrid manager has decided to join Cristiano Ronaldo in Juventus Football Club inTurin, Italy. Zinedane Zidane has agreed to take up a backroom role in October as a director, Spanish outlet Libertad Digital has claimed. The Frenchman played for Juventus from 1996 and 2001, where he won two Serie A titles. His appointment will no doubt add pressure on current Juventus manager, Max Allegri to win the Champions League this season. Zidane guided Real to three straight Champions League crowns before he quit the club in May this year.

President Muhammadu Buhari, Tuesday, declined assent to the Corporate Manslaughter Bill of 2018 and three other bills recently passed by the National Assembly and forwarded to him for assent. Other bills were the Courts and Tribunals (Standard Scale of Fines) Bill of 2017; the National Child Protection and Enforcement Agency, NCPEA bill of 2018 and the Agricultural Credit guarantee Scheme Fund (Amendment) Bill of 2018. These were contained in separate letters to the Senate dated 9th July, 2018 and read Tuesday during plenary by Dr. Bukola Saraki, the President of the Senate. On the National Child Protection and Enforcement Agency (NCPEA) (ESTABL|SHMENT)…

Former Vice President, Alhaji Atiku Abubakar, has vowed to end the lingering Boko Haram crisis and other criminal activities such as the herdsmen/farmers clashes within the shortest possible time, if elected as President in 2019. This is even as controversial politician and governorship aspirant in Borno State, Mr Grema Terrab, who is being wanted by the police for alleged murder, was Tuesday arrested by Special Anti-Robbery Squad, (SARS) operatives at Atiku’s political meeting in Maiduguri Atiku, who is Peoples Democratic Party, PDP, presidential hopeful for the election, made the vow Tuesday while addressing PDP supporters in Maiduguri, Borno State. He…

As the death toll in the flooding caused by heavy downpour that wreaked havoc in Jibia Local Government Area of Katsina State rose to 52, Yemi Osinbajo, Vice President, Tuesday, assured that the Federal Government would assist victims of the disaster. Osinbajo, who gave the assurance when he visited the state to commiserate with the affected victims, noted that the Federal Government will avert future re-occurrence of the unfortunate incidence. It will be recalled that the downpour which lasted hours claimed lives of 52 persons, left 20 missing, destroyed more than 500 houses and killed 260 livestock dead and washed…

There are indications that the Federal Government’s oil revenue dropped by more than 297.6 per cent between the second quarter of 2010 and fourth quarter of 2017, as a result of developments in the international market. Investigations by Vanguard showed that the situation was fuelled by some factors, including the supply of United States of America’s shale oil, some nations’ ability to find alternatives to oil and negative speculation before Organisation of Petroleum Exporting Countries, OPEC, and non-OPEC members intervened to withdraw excess oil from the market. Consequently, President Muhammadu Buhari administration, which took over from former President Goodluck Jonathan, earned less…

Yakubu Dogara, Speaker of the House of Representatives, Tuesday, warned that ignoring its steel sector and depending on importation, Nigeria would end up enriching the Asian country and other countries in Europe and America. Specifically, Dogara raised alarm over the huge sums of money Nigeria was sinking in China to buy steel, saying it portended danger for the country. To this end, he called on President Muhammadu Buhari’s government to give priority to steel development in Nigeria, saying it was the bedrock of the development of the country. Dogara, who spoke at the ongoing 2018 Open NASS Week in the National…

The Bureau of Public Enterprises, BPE, Tuesday, said most of the Distribution Companies, DISCOs, in Nigeria were technically insolvent. Alex Okoh, Director General of the Bureau, made this revelation during an interactive session held at the instance of House Committee on Power, with critical stakeholders in the Nigeria’s power sector, including Nigeria’s Bulk Electricity Trading Company, NBET, Electricity Distribution Companies, DISCOs, and Generation Companies, GENCOs. The DG in his submission, said there was need to immediately solve the challenges bordering on price structure and liquidity of DISCOs. Okoh said, “We need to solve the liquidity challenge. How do we make…

Fresh crisis looms between the executive and the legislative arms of government over the insertion of N578 billion into the N9.12 trillion 2018 budget by the lawmakers. However, President Muhammadu Buhari in a letter to the Senate Tuesday, asked the National Assembly to remove a total of N228 billion as re-instatement from the inserted N578 billion in the 2018 budget to fund critical projects. In the letter read at plenary by Dr. Bukola Saraki, the Senate President, Buhari told the senators that not less than N242 billion would be required for the conduct of 2019 general elections. After President Buhari…