Author: straightnewsng.com

An escalating trade war between United States of America and China is likely to create ripple effects on consumer products. Until now, President Donald Trump’s tariffs on a total of $250 billion in Chinese imports have largely hit intermediate and capital goods- items typically bought by businesses, not shoppers. That will change if Mr. Trump follows through with his threat to tax nearly every product China sends to the United States, or roughly $300 billion worth of goods. The United States trade representative on Monday detailed a list of what would face a tax of as much as 25 percent,…

By: Asu Beks The Nigerian Minister of Transportation, Rotimi Amaechi is being entangled in the web of financial malfeasance for supposedly collecting $604,598.95 from Nigerian Ports Authority, NPA, without supporting documents. A report from the Office of the Auditor-General of the Federation took serious exceptions to various expenditure incurred by Hadiza Bala Usman. Managing Director of NPA, for Amaechi without evidence. Obtained by Shipping World, the audit query decried what it described as ‘curious expenses’ and ordered Usman to refund the said sum into government treasury. The report covers Audit queries cutting across all units and departments of the agency…

By Asu Beks The Managing Director of Nigerian Ports Authority, NPA, Hadiza Bala Usman, has been ordered to refund a whopping #5.18 billion to the Federal Government’s coffers over what is seen as “being the value of inflated amounts under her watch.” A report by the Office of the Auditor-General of the Federation came on hard on the NPA’s Managing Director on gross “betrayal of public trust” as demonstrated by her flagrant abuse for due process in the way and manner she runs the agency. Usman was appointed as the first female Managing Director on July 14, 2016 but she…

A security flaw in WhatsApp, one of the most popular messaging apps in the world, allowed sophisticated attackers to install spyware on phones, the company said Tuesday, in the latest trouble for its parent- Facebook. The vulnerability — first reported the Financial Times and fixed in the latest WhatsApp update — allowed hackers to insert malicious software on phones by calling the target using the app, which is used by 1.5 billion people around the world. The FT cited a spyware dealer as saying the tool was developed by a shadowy Israel-based firm called the NSO Group, which has been…

Owing to long battle with mental problem, a first class final-year English and Literary studies student of the University of Nigeria, Nsukka (UNN) has taken his life. Chukwuemeka Akachi, who was a 400-level student of the university died on Monday. Mr Ebere Amaraizu, the Police Public Relations Officer (PPRO) in Enugu state, who confirmed the incident to newsmen on Tuesday, describing it as “pathetic and unfortunate.” Amaraizu said: “The suicide of a UNN 400 level student of the Department of English and Literary Studies on Monday is pathetic and unfortunate. “Police will investigate circumstances surrounding the suicide.” An eyewitness account…

A Federal High Court sitting in Uyo, Monday, affirmed the sack of member representing Etim Ekpo/Ika State Constituency in the Akwa Ibom state House of Assembly. Gabriel Toby defected from Peoples Democratic Party, PDP to All Progressives Congress, APC in August last year. The Court had, in November last year, sacked Idongesit Ituen, a member who represented Itu State Constituency, in Akwa Ibom state House of Assembly, and declared the seat vacant. Ituen equally defected from the PDP to APC with Senator Godswill Akpabio. The court presided over by Justice Fatun Riman ruled that Toby lost his seat, having defected from…

Governor Udom Emmanuel has tasked the members of the inaugurated Projects Verification and Compilation Committee to carry out their assigned duty with utmost commitment to get accurate number of projects, level of work and cost of execution. Emmanuel, who inaugurated the committee on Monday at Government House, Uyo, said it was a step towards fulfilling his administration’s promises of displaying transparency and integrity in governance of the state, adding that it was imperative to account for the state funds expended on investments and projects execution. While charging heads of government institutions to co-operate with the committee by furnishing the members with…

A former Minority Leader of the Senate, Godswill Akpabio, Monday, persuaded the court to suspend its judgment on a suit seeking to declare vacant, seats of 54 federal lawmakers that defected from their respective political parties prior to the 2019 general elections. Akpabio who is one of the lawmakers affected by the suit, through his lawyer, Mr. Sunday I. Ameh, SAN, contended that he was not served with the court processes before the matter was fixed for judgment. He prayed the court to allow him to respond to the suit that was filed by an advocacy group under the aegis…

Seventeen Nigerian states are rated insolvent owing to generating less than10 per cent Internally Generated Revenues (IGR) in 2018 compared to their huge collections from the Federation Account Allocations Committee (FAAC) same year, Economic Confidential published on Sunday. In its Annual States Viability Index (ASVI) on Sunday, the Economic Confidential said without the monthly disbursement from FAAC, many states are unviable, and cannot survive without the allocations, mostly from the oil sector. The states generate IGR through Pay-As-You-Earn Tax (PAYE), Direct Assessment, Road Taxes and revenues from Ministries, Departments and Agencies (MDAs). The IGR of the 36 states of the…

Eden Hazard’s £100 million arrival at Real Madrid will be announced after Chelsea’s Europa League final with Arsenal on May 29, French newspaper L’Equipe says. The La Liga giants are keen for the 28-year-old to leave the Blues on the best possible terms. Hazard’s long-awaited “dream” move is thought to have been agreed for several weeks in all but details. Hazard will bow out in Azerbaijan capital, Baku at the end of the month when he attempts to add a second Europa League winner’s medal to the two Premier League crowns he has won with Chelsea. And just Sunday the…