Month: August 2024

Ulama Forum speaks on declining state of affairs in Nigeria …… urges government to handle situation with greater responsibility

Lukman Laleye Babalola

The Ulama Forum in Nigeria has raised concerned with the declining state of affairs in Nigeria, particularly the excruciating suffering of the ordinary citizens in the face of economic deprivation, inflation and hunger, coupled with insensitivity, immaturity,ostentation, injustice, and corruption on the side of those saddled with public trust.The Ulama forum said it is unfortunate that the political leadership at all levels of governance seemed to be sadistically oblivious of the situation on ground as they continue to seclude themselves in their self- deceptive enclaves, engrossed in plundering public wealth,…

Tinubu: Hope renewed? By abiodun KOMOLAFE

Lukman Laleye Babalola

Last Sunday, President Bola Tinubu addressed the nation amid #EndBadGovernanceinNigeria protests, expressing sorrow over lost lives and urging peace. He defended his economic reforms, highlighted progress and unveiled initiatives for youth empowerment, housing and food security. Nevertheless, his address sparked a range of responses, and indeed, it received mixed reactions, with critics saying he didn’t address root causes and others commending his efforts to tackle challenges. The government’s subsidy removal and allied policies have had a mixed impact. They’ve increased government revenue, attracted private investment, and reduced fiscal burden. However,…

Nigerian Navy rescues 59 from Sinking Ship ,Loses One Officer

Lukman Laleye Babalola

The Nigerian Navy has said that it lost one of its officers during a rescue operation where they successfully rescued 59 people from the dredging vessel MV AMBIKA 4 at the Okpobo field near the Okpobo River.   This was confirmed by Commodore Aiwuyor Adams-Aliu, Director of Naval Information, in a statement issued on Friday in Abuja.   Adams-Aliu noted that the area is particularly treacherous this time of year, which led to the tragic loss of Lieutenant-Commander Gideon Gwaza during the operation.   The dredging vessel, under contract with…

PDP appoints Prince Oyinlola as Chairman Of National Reconciliation Committee

Emporium Reporters

The Peoples Democratic Party (PDP) has appointed Prince Olagunsoye Oyinlola as the Chairman of its National Reconciliation Committee.   In a statement released on Friday, the National Publicity Secretary, Debo Ologunagba, said that the committee would be inaugurated on a date to be communicated in due course.   According to him, “Following the National Executive Committee (NEC) approval for the constitution of the PDP National Reconciliation Committee (NRC) of our great party, the National Working Committee (NWC) hereby releases the list of the members of the National Reconciliation Committee.”  …

CDS hosts ECOWAS Chiefs of Defence Staff to a dinner night in Abuja

Lukman Laleye Babalola

The Chief of Defence Staff (CDS), General Christopher Musa on 8 August 2024 hosted ECOWAS Chiefs of Defence Staff (CDSs) at Armed Forces Officers’ Mess in Abuja. The ECOWAS CDSs are in Abuja for the 42nd Ordinary Meeting of ECOWAS Committee of CDSs.   In his remarks at the event, the host CDS and also the Chairman of ECOWAS Committee of CDSs welcomed the CDSs to the dinner, stated that the event marked a significant moment in the Committee’s effort to promote regional security and cooperation within ECOWAS Community.  …

Tinubu appoints Michael Hadi Ango as Acting Chairman, FCT-IRS

Lukman Laleye Babalola

President Bola Ahmed Tinubu has approved the appointment of Mr. Michael Hadi Ango as the Acting Chairman of the Federal Capital Territory Internal Revenue Service (FCT-IRS).   President Tinubu believed Mr. Ango will bring his wealth of experience and proven track record in revenue administration, financial management, and organizational leadership. With over 20 years of service in various public and private sector capacities, he has consistently demonstrated his commitment to excellence and innovation in revenue collection and management.   Mr Michael Ango holds an LLM degree from the Columbia University…

Speaker appoints 7 members to Joint Senate/House of Reps Committee on Petroleum Industry Investigation

Lukman Laleye Babalola

The Speaker of the House of Representatives, Rt. Hon. Abbas Tajudeen, has appointed Members to the Joint Senate/House Committee tasked with investigating alleged economic sabotage within the petroleum industry:   Appointed Honourable Members are:   1. Hon. Prof. Julius Ihonvbere– Co-Chairman/House Leader 2. Hon. Iduma Ighariwey – Member 3. Hon. Gboyega N. Isiaka – Member 4. Hon. Sada Soli – Member 5. Hon. Fatima Talba- Member 6. Hon. Tunji Raheem – Member 7. Hon. Patrick Umoh, PhD – Member   A statement signed by Rep. Akin Rotimi, Jr.,Spokesman,House of Representatives…

FG applauds MTN Nigeria over donation of N1bn to fight hunger

Emporium Reporters

Federal Government has commended MTN Nigeria for its donation of N1 billion to the Federal Government’s Food Support Programme and 4,600 digital devices for distribution to schools.   Vice President Kashim Shettima gave this commendation on behalf of the government while receiving MTN Nigeria Chairman,Mr. Ernest Ndukwe at the Presidential Villa in Abuja on Friday, August 9, 204.   Shettima said: “I am hugely proud of your (MTN’s) stability as a company and commitment to the progress of our country.   “We have witnessed a couple of changes in the…

The prudence of debt: Why Countries borrow instead of printing money

Emporium Reporters

As the global economy navigates uncertain waters, many wonder why countries bother borrowing money when they can simply print it.   The answer lies in a delicate balance of economic discipline, inflation control, international cooperation, and long-term sustainability.   Printing money may seem like a quick fix, but it can lead to a plethora of problems.   Excessive money printing can cause inflation to spiral out of control, eroding the purchasing power of citizens and undermining trust in the currency.   It can also lead to currency devaluation, making imports…

MISSING OFFICIALS: NYSC seeks Security Agencies, Anambra and Imo States’ intervention

Lukman Laleye Babalola

MISSING OFFICIALS: NYSC seeks Security Agencies, Anambra and Imo States’ intervention The Management of National Youth Service Corps has appealed to the security agencies in Anambra and Imo States as well as the two State Governments to do everything possible to secure the release of two NYSC officials who got missing on Monday July 29, 2024, between Onitsha and Owerri road while on transit to Uyo, Akwa-Ibom State. The NYSC Akwa-Ibom State Coordinator, Mr Okun Christopher and his driver, Mr Daniel Effiong Asibong were travelling in a white official Hilux…