Author: straightnewsng.com

President Bola Tinubu has nominated Olayemi Cardoso as the new Governor of the Central Bank of Nigeria (CBN) and four Deputy Governors for a period of five years.  A statement from presidential spokesman, Ajuri Ngelale. said the Lagos-born Cardoso will replace the acting CBN Governor, Folashodun Shonubi if confirmed by the Senate. “President Bola Tinubu has approved the nomination of Dr. Olayemi Michael Cardoso to serve as the new Governor of the Central Bank of Nigeria (CBN), for a term of five (5) years at the first instance, pending his confirmation by the Nigerian Senate,” the Friday statement added. Also…

The Senate and House of Representatives variously denied the alleged disbursement of N100 million to  each of the lawmakers. Senator Yemi Adaramodu, the Chairman, Senate Committee on Media and Publicity, denied the allegation in a statement in Abuja on Thursday. He described a statement credited to the Nigeria Labour Congress(NLC), which alleged that the sum was paid to the lawmakers, as strange, ludicrous and unthinkable. ”What do these negative characters want to gain from their lies and falsehood against the National Assembly? This is strange to us, very ludicrous and unthinkable. “There is no N100million for a legislator anywhere, from…

After 28 days, eight Akwa Ibom graduates kidnapped on their way to Sokoto State for the National Youth Service Corps, NYSC, Orientation Camp are still languishing in their abductors’ den. Though parents and relations of the NYSC prospective members are said to have paid N13 million ransom for the release of the kidnapped in Zamfara State, the bandits  are reported to have demanded an additional N200 million from the victims’ families. Despite the harsh economic condition, Akwa Ibom Governor Umo Eno was reported to have said that he has liaised with his Zamfara counterpart to ensure the release of the…

Akwa Ibom Governor’s wife, Pastor Patience Umo Eno, has expressed concern over the increasing rate of the crimes caused by drug abuse in the society. According to her, the victims “resort to desperate measures to obtain drugs or to finance their addiction,” reiterating the commitment of the AKSDCC to regular sensitizations by members. The Governor’s wife stated this Tuesday, during a Town hall meeting to sensitise stakeholders and community leaders of Etinan Federal Constituency on the menace of drug abuse, held at Ikot Edibon, the Council Hall of Nsit Ubium Local Government Area. Decrying the negative effects of addiction to…

The 24 countries to trade tackles at the 2023 Africa Cup of Nations (AFCON) in Cote D’Ivoire have sealed qualification for the tournament. The News Agency of Nigeria (NAN) reports that five-time AFCON champions Cameroon on Tuesday spanked Burundi 3-O to complete the star studded list of qualified teams. A breakdown of the qualified countries shows that 12 former AFCON champions, including three-time champions Nigeria will be on parade come January, 2024. Hosts, Cote d’Ivoire will be leading a strong West African contingent of 11 countries, including holders Senegal, Nigeria, Ghana, Guinea, Burkina Faso among others. Tanzania representing East Africa…

Construction of the dilapidated Ukpom Abak/Ediene Ikot Obio Imo Road cutting across many villages in Uyo and Abak Local Government Areas is underway. The road destroyed by heavy duty trucks that plied the Trunk C road during the construction of Ikot Oku Ikono Flyover has cut off the link with many villages and hospital and secondary school. The Chairman of Uyo Local Government Area, Dr. Uwemedimo Udo stated this during an interaction with Conference of Online Publishers in Akwa Ibom State (COOPA), as part of their annual engagements with relevant stakeholders to discuss matters pertaining to economic development and progression,…

Forty two companies/entities have been issued award letters after successful bidding for 49 Flare Sites during the 2022 Nigerian Gas Flare Commercialisation Programme (NGFCP) Auction process.  The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) that announced the outcome of the bidding exercise said 38 of the companies/entities have been awarded 40 Flare Sites for standalone single flare site development, while four are awarded nine sites to be developed as clusters. A press release issued by NUPRC management on Wednesday says ‘‘Reserve bidders’ status has also been accorded some companies for the corresponding flare sites in case the preferred bidders fail to…

Akwa Ibom State House of Assembly appeared to be under pressure in withdrawing a Bill that would have compelled the 31 local government Councils’ Chairmen to live in their headquarters. The executive bill sent to the house for consideration and passage into law suffered heavy backlash from members of the public. Apart from some castigating the state governor for pushing for the passage of the bill, others picked bones in the governor’s action in not sending bill of financial autonomy to the house for passage. To the critics, they reasoned that it was unnecessary to have asked the chairmen who…

Nigeria loses foreign exchange and human capital in the process of her citizens attending schools in other countries, Akwa Ibom Deputy Governor, Senator Akon Eyakenyi, said. Speaking at the opening of a three-day Workshop for Southern Zone Critique of the Zero Draft Minimum Standards Document for Senior Secondary Education in Nigeria held in Uyo on Wednesday, Eyakenyi  attributed the losses to poor management of the country’s education system. ‘‘Our children are now schooling in nearby African countries where education is better managed while some travel to far away Europe, America and Asia in search of globally acceptable quality of education.…

Speaker Kevin McCarthy Tuesday directed a House committee to open an impeachment inquiry into President Joe Biden over his family’s business dealings, launching historic proceedings ahead of the 2024 election. McCarthy said the House Oversight Committee’s investigation so far has found a “culture of corruption” around the Biden family as Republicans probe the business dealings of the president’s son, Hunter Biden, from before the Democratic president took office. “These are allegations of abuse of power, obstruction and corruption, and they warrant further investigation by the House of Representatives,” McCarthy, R-Calif., said outside the speaker’s office at the Capitol. “That’s why today I am directing our House committee to…