Author: straightnewsng.com

Activities marking the inaugural June 12 Democracy Day celebrations have commenced at Eagle Square, Abuja. President Muhammadu Buhari had on Monday signed the new Public Holiday Act into law altering May 29 to June 12 as Democracy Day. Though the day is observed as public day in Nigeria, it is set aside to commemorate the 20 years of democracy in the country which commenced in 1999. The day is also set aside to honour the acclaimed winner of June 12 presidential election, M.K.O Abiola who fought for the country’s democracy in 1993. President Muhammadu Buhari, Vice President Yemi Osinbajo as…

A new speaker and deputy speaker were, Tuesday, elected for the ninth House of Representatives. Former Majority Leader of the House of Representatives, Femi Gbajabiamila, representing Sulurere 1 in Lagos State has been declared the new speaker of the ninth House of Representatives. Also, Hon. Ahmed Idris Wase (APC, Wase federal constituency, Plateau) was elected unopposed as Deputy Speaker of the House of Representatives. Both were backed by the National Working Committee (NWC) of the ruling All Progressives Congress, APC. Mr Gbajabiamila garnered 281 votes to floor his rival, Hon. Mohammed Umar Bago (APC, Niger), who polled paltry 76 votes.…

Senator Ahmed Lawan, representing Yobe North has been announced as Nigeria’s Senate President. Lawan polled 79 votes to beat his closest rival, Ali Ndume, who packed 28 votes. The election of Senate President was held at the first session of the Senate on Tuesday. After a secret ballot voting, Mohammed Sani-Omolori, the clerk to the National Assembly, announced Mr Lawan’s victory to the cheers of Senators and others in the chamber. Mr Sani-Omolori said 107 senators cast their votes. “It is my pleasure to announce that Senator elect, Ahmed Lawan, having scored the highest number of total votes cast is…

By Akanimo Sampson The United Nations Conference on Trade and Development (UNCTAD) has sealed a deal with the International Integrated Reporting Council (IIRC) to enhance reporting of the private sector’s contribution to global goals.’ This is largely because Target 12.6 of the Sustainable Development Goals (SDGs) requires companies to adopt sustainable practices and to integrate sustainability information into their reporting cycle. Many businesses are starting to integrate their performance against the global goals in their mainstream annual reports. UNCTAD and the IIRC are, therefore, joining forces to make this practice the norm by working with key stakeholders to fully integrate…

The contention for Obowo/Ehime Mbano/Ihite Uboma Federal Constituency, Imo State in the House of Representatives is daily assuming new dimension. Before now, the All Progressives Congress, APC, in an abracadabra manner allegedly denied Chukwuemeka Nwajiuba, a staunch APC and a one-time House of Representatives member, of the party’s ticket. Angered by the development, Nwajiuba defected to Accord Party to assert authority and political relevance in his constituency and eventually got the nod without much ado to represent his people in the Green Chambers. But the party was said to have supported Hon. Chike Okafor, a one-time Commissioner for Finance under…

The 9th National Assembly and election of Presiding Officers for both the Senate and the House of Representatives in Abuja has inaugural begun. Initially, members exchanged pleasantries and engaged one another in intensive lobbying and shouting order. The the Clerk to the National Assembly, CAN, Mohammed Sani-Omolori, who is presiding over the affairs of the house has taken a roll call of the Senators from the 36 states of the Federation in an Alphabetical order. Of the 109 Senators enshrined in the Constitution, 107 attended the inaugural session. The Senate President, Lawan, who has been nominated has spoken. Senator Ndume…

Henceforth, June 12 has replaced May 29 every year in Nigeria is Democracy Day. The Act specifies that June 12 now replaces May 29 which was introduced in 1999 as the official Democracy Day. The date will also be recognised as national public holiday by the Federal Government henceforth. This follows President Muhammadu Buhari’s assent of a bill on June 12 as the Democracy Day into law. A report from News Agency of Nigeria said Ita Enang, the Senior Special Assistant to the President on National Assembly Matters (Senate), told State House correspondents in Abuja. Enang, a former senator, said…

By Akanimo Sampson In a bid to rally the Red Chamber of Nigeria’s bicameral Legislature behind Senator Ahmed Lawan, the ruling All Progressives Congress (APC) seems to be ignoring President Muhammadu Buhari’s signature anti-corruption war with its alleged unrestrained cash inducement. Insiders say the ruling party and Senator Lawan are allegedly sharing money for senators in order to secure their votes for this Tuesday’s election of the principal officers of the 9th Senate. The seeming snub of the Buhari anti-graft war in the Senate is playing out as Governor Seriake Dickson of Bayelsa State is busy boasting that there is…

Power sector has lost due to constraints from insufficient gas supply, distribution infrastructure and transmission infrastructure has dropped from N1.8 billion, recorded week ago to N1.6 billion in the country. An authoritative report obtained from the office of Vice President Yemi Osinbajo stated: “The power sector lost an estimated N1, 610,000,000 (One Billion Six Hundred and Ten Million Naira) on June 8 2019 due to constraints from insufficient gas supply, distribution infrastructure and transmission infrastructure. “On June 8 2019, average energy sent out was 3,430 MWH/Hour (up by 87.16 MWH/Hour from the previous day). 1,767.5 MW was not generated due…

Operatives of Nigeria Police Force that barricaded Oando Plc’s head office in Lagos have finally vacated the office. This development is coming four days after a Federal High Court’s order in Lagos on June 3, granted an interim injunction restraining SEC from executing the interim management in Oando. The court injunction followed an application filed by Wale Tinubu, Managing Director and his Deputy, Mr Omamofe Boyo. Confirming the latest development to Vanguard, Head of Corporate Affairs of Oando Plc, Alero Balogun said: “All the policemen have left our head office. On Friday, they all left and work is going on…