“The budget is anchored on the following key assumptions: crude oil price benchmark of $70/barrel, national crude oil production estimate of 1.5 million barrels per day, currency exchange rate of N435.67 to the dollar, national Gross Domestic Product growth rate of 10%, an inflation rate of 13.1% and state economic growth projection of between of between 4.5% and 5%” Rivers state governor, Nyesom Wike on Tuesday, presented N550,666,987,238 2023 appropriation bill to the State House of Assembly. According to the budget, the proposed recurrent expenditure is to the tune of N175,249,692,497, or roughly 31% of the total budget. The governor…
Author: Abdallah el-Kurebe
“The majority of members of Assembly voted for me but few of them who felt perhaps I did not follow the directive of the former governor, Dr Fayemi thought that they would make the state ungovernable for even the administration” At the Ekiti State House of Assembly, 17 out of the 25 lawmakers on Monday, impeached the speaker, Gboyega Aribisogan. They also suspended him indefinitely and elected Olubunmi Adelugba as the new speaker. It could be recalled that the leadership of the Assembly has been in crisis since the death of former speaker, Funminiyi Afuye who died at the Ekiti State…
The Editor-in-Chief of PREMIUM TIMES, Musikilu Mojeed will on 1 December, 2022, release his debut book to the Nigerian public. The book, The Letterman: Inside the ‘Secret’ Letters of former Nigerian President, Olusegun Obasanjo, published by PREMIUM TIMES Books, will be unveiled at a ceremony in Abuja, after which it will be available in bookshops. The Letterman, a 25-chapter narrative non-fiction, curates some of the most significant and historical letters written and received by former President Obasanjo, which compellingly tell the story of his life, as defined by and is defining of the story of his country, Nigeria and the larger African continent. A…
The Police Command in Lagos says it has arrested a 27 year-old woman, Miss Esther Paul for allegedly stabbing her boyfriend, one Sadiq Dahiru to death. The command’s spokesman, SP Benjamin Hundeyin confirmed the arrest on Sunday. Hundeyin said that the arrest was made on Sunday after Mr Kazeem Obafunso, the step father of the victim, reported the case to Ilasan Police Division. He said the report revealed that the 21 -year old victim was stabbed to death at about 1.00 a.m. The police spokesman said that a patrol team from the station was deployed to the scene at Oba…
Vice President Yemi Osinbajo, on Sunday, departed Abuja for Ottawa on the first high level visit to Canada since 2000 when former President Olusegun Obasanjo visited the North American nation. Laolu Akande, Senior Special Assistant to the President on Media and Publicity, Office of the Vice President, who disclosed this in a statement, said the visit would deepen diplomatic ties between Nigeria and Canada. Osinbajo will meet the Canadian Deputy Prime Minister, Chrystia Freeland, and other top parliamentarians and members of the Canadian government in Ottawa, on Monday. During the 3-day visit, issues and events around educational collaboration, technology, creative industry…
As a result of this policy, alcoholic beverages such as beer are only available in fan zones after 7 pm and in officially licensed entertainment venues It is officially confirmed that Qatari government has banned the sale of beer in eight stadiums that will be used as venues for the 2022 World Cup matches on Friday, 18 November. The ban shocked many football fans as it was issued just two days before the opening match. The policy prohibiting the sale of alcoholic beverages within the stadium’s perimeter has been confirmed by FIFA. As a result of this policy, alcoholic beverages…
The Director General of Peoples Democratic Party (PDP) Campaign Council in Sokoto state and former Minister of Transport, Yusuf Suleiman has said that the remained the best party to provide good governance for Nigerians and citizens of Sokoto state. Suleiman stated this at a stakeholders’ consultative meeting with members from Wurno and Gada local government areas on Saturday in Sokoto. According to him, while the PDP will continue with the right policies in the state and Nigeria as well as proffer the best solutions to address the present challenges in the country, the antecedents of the party over the years…
By Justina Auta A guardian and microbiologist in Vom, Jos South local government area of Plateau State, has allegedly tortured her housemaid to death. The guardian is reported to have poured boiled water on the buttocks of the maid who sought the help of neighbours that took her to Jos University Teaching Hospital (JUTH). Unfortunately, the maid died due to loss of blood. Reacting to the development, the Minister of Women Affairs, Mrs Pauline Tallen has called on the International Federation of Women Lawyers (FIDA) to ensure justice for the family of the late housemaid. Tallen in a statement on…
The Sokoto Sector Command of the Federal Road Safety Corps (FRSC) has disclosed that 47 persons died and 180 sustained injuries in 52 different road crashes that occurred from May to October in the state. The State Sector Commander, Mr Kabiru Yusuf-Nadabo disclosed this at the 2022 Accident Victims’ Remembrance Day on Friday. Yusuf-Nadabo said out of the road crashes, 23 were fatal while 25 were serious that involved 78 different categories of vehicles. He said that the event was part of Africa Road Safety/World Road Safety awareness initiative to awaken people on the rising cases of road accidents which…
In order to enable bank customers return old naira notes for new ones, the Central Bank of Nigeria (CBN) has instructed commercial banks in the country to work on Saturdays until January 31, 2023. ASHENEWS reports that the Director, Corporate Communications Department of the apex bank, Mr Osita Nwasinobi stated this at the CBN fair themed: “Promoting Financial Stability and Economic Development” in Ilorin on Thursday. According to him, the new and existing currencies shall remain legal tender and circulated together until January 31, 2023, when the existing money shall cease to be legal tender in Nigeria. Nwasinobi, who was…