The Department of State Security Service DSS has warned Nigerian residents against unruly behaviours and non-adherence to protocols during inauguration activities,the service also advise those who are planing to disrupt inauguration activities holding across Nigeria on the 29th May ,2923 to have a rethink or face the consequences. It would be recalled that the Secretary to the Government of the Federation and Chairman of the Presidential Transition Council (PTC) on 18th May, 2023 held a World Press Conference during which he announced activities for the Presidential inauguration. The major highlight…
Month: May 2023
FG approves banks to issue debit card with NIN to Nigerians
The Federal Government says Nigerians can now request their commercial banks to issue them with a debit card which doubled as their National Identity Card at no extra cost. The Minister of Communications and Digital Economy, Professor Isa Pantami, disclosed this on Wednesday in Abuja. Pantami said the approval was obtained at the meeting of the Federal Executive Council. The meeting was presided over by President Muhammadu Buhari at the Presidential Villa, Abuja. The Minister explained that the approval followed a memo from the National Identity Management Commission allowing…
BENEFICIAL OWNERSHIP REGISTER: World Bank describes Nigeria as Shining Example for African countries
The World Bank has lauded Nigeria’s efforts towards building a Beneficial Ownership Register (BOR) in line with global best practice as worthy of emulation by other African countries. Stakeholders including Stephen R Davenport, Global Lead, Governance Global Practice, World Bank gave this verdict Wednesday 24th May,2023 in Abuja at the International Peer Learning Workshop on the Use of Beneficial Ownership Information and the Launch of Nigeria’s Open Register of Beneficial Ownership of Companies and Entities. The workshop organized by the Corporate Affairs Commission (CAC) in collaboration with the World Bank…
JUST IN: Buhari seeks Senate’s approval to pay N226bn, $556.8m, £98.5m judgement debts
President Muhammadu Buhari, has asked the Senate to approve a request to pay the judgement debt in the sum of $566,754,584.31, £98,526,012.00, and N226 billion. The monies were owed by the Federal Government through the issuance of promissory notes. Buhari’s letter of request was read at plenary by Senate President Ahmad Lawan on Wednesday. News Band
Reappoint Rabiu Olowo as Finance Commissioner , Group appeals to Gov Babajide Sanwo-olu
By ABUBAKAR YUSUF. A group called ‘New Lagos’ has appealed to Governor Babajide Olusola Sanwo-olu to reappoint the immediate past Commissioner for finance Lagos state, Dr Rabiu Onaolapo Olowo to ensure continuity and policy direction. According to the spokesman of the group , Mallam Yusuf Abubakar said the need for his reapportionment was based on his track records of achievements and purely on merit. He said the former commissioner for finance in Lagos state had in the last four years moved the revenue profile of the…
JUST IN: CBN revokes licences of 179 Microfinance Banks ,others (Full List)
The Central Bank of Nigeria (CBN) has revoked the operating licenses of 179 microfinance banks in the country. This was disclosed in the official gazette of the Federal Government, which was published on the website of the CBN on Tuesday, May 23, 2023. According to the gazette, the licences of the financial institutions were revoked because they ceased to carry on in Nigeria, the type of business for which their licences were issued for a continuous period of six months. The banks also failed to fulfil or…
Ekiti ,Ondo Communities agog,As OSSAP-SDGs unveils Hospital, Other Projects
Several communities in both Ekiti and Ondo states were agog over the weekend as the Office of the Senior Special Assistant to the President on Sustainable Development Goals, OSSAP-SDGs commissioned a hospital in Ilawe Ekiti while it commissioned a Civic Centre in Ile-Oluji, Okeigbo LGA and Innovation Hub in Igbara Oke, Ifedore LGA both of Ondo State. While speaking at the commissioning, Senior Special Assistant to the President on Sustainable Development on Sustainable Development Goals, OSSAP-SDGs, Princess Adejoke Orelope-Adefulire, noted that the projects underlines the commitment of the Federal Government…
No “Extra” Monetary Request from Pilgrims to KSA By Fatima Sanda Usara
This writer wishes to correct an erroneous impression over the $100 reduction from the 2023 Hajj Basic Traveling Allowance (BTA) in relation to Sudan crisis and closure of its airspace. It would be recalled that the crisis in Sudan has added an increase in flight duration from Nigeria to Saudi Arabia with about two hours approximate whilst crossing over additional airspaces. This had forced the airlines to charge extra money for the additional fuel the journey would consume as well as the extra cost for additional aeronautical airspaces they…
Buhari in eight years By Lasisi Olagunju
Exactly one week from today, Muhammadu Buhari will stop being our president; his place another shall take. But what kind of leader has he been? The best assessment of a leader you get, not from his fanatics – boys who eat directly from the leader’s palm – but from men with cocks that crow as his. I take Babatunde Fashola as the gold witness here. Fashola has been Buhari’s Minister of Works and Housing for eight years and was Bola Tinubu’s Chief of Staff in Lagos for four years. He…
SENATE PRESIDENCY: Now That Daniel Bwala is A Sorcerer
Daniel Bwala is a known mouthpiece of Atiku Abubakar’s failed (for the umpteenth time) presidential ambition. But in the crazy political world of the Turakin Adamawa where it’s now apparent that the water has since dried on the back of his fish, his lieutenants now seem to be trying their hands on other things, including sorcery, to stay relevant in the public arena. And this is why Bwala made this outrageous and outlandish claim on his Twitter handle that Godswill Obot Akpabio wouldn’t become the next Senate President. Aside from…