Prof. Osadolor Odia, of the Ambrose Alli University (AAU) Ekpoma, has been reportedly abducted by unknown gunmen at his farm at Egoro, Ekpoma, in Esan West local government area of Edo. Odia, a Professor of Engineering and former Head of the Department of Mechanical, Engineering at the AAU, was said to be on his way to the farm when the incident occurred. A family source, who pleaded anonymity, said the professor’s abductors had already made contact with the family asking for a ransom of N18 million. “I can confirm that Odia was kidnapped today on his way to the…
Author: Abdallah el-Kurebe
The Federal Inland Revenue Service (“FIRS”) recently issued a Revised Information Circular on the Tax Treatment of Non-Governmental Ogranisations (NGOs), hereafter referred to the as “Revised Information Circular” or “the Circular”. The Circular, published on 31 March 2021, amends, updates or replaces the FIRS’ initial information circular (issued in 2010) on the tax exemption status of NGOs – but only to the extent that the initial circular contains information that is inconsistent with the Revised Information Circular. The Revised Information Circular reiterates the tax-exemptions, filing and other compliances obligations of NGOs. It also provides clarification on the application of the term…
Technologies for African Agricultural Transformation works to harness high-impact agricultural technologies to boost crop output and create viable opportunities for workers and entrepreneurs “If we must satisfy Africa’s food security with our growing population, then there must be high commercialization of agriculture. That is modern farming.” – Ayotomiwa Yinka Ogunsua, poultry farmer When Ayotomiwa Yinka Ogunsua got a job as a loan officer at a microfinance bank in Ibadan, Nigeria, after graduating from university, he thought he’d done well for himself. Then, he spotted an online advertisement for a youth agricultural training program and signed up, owing to his interest…
The National Broadcasting Commission (NBC), has officially launched the Digital Switch Over (DSO) in Lagos state, to transit from analog to digital transmission and increase television penetration. The Director-General of National Broadcasting Commission (NBC), Prof. Armstrong Idachaba, made the disclosure during the launch of the DSO in Lagos. “The digital switch over being activated in Lagos today means that with just a set-top box, residents of Lagos can now enjoy over 30 digital television services. “It must be stated that the digitisation of broadcasting brings a whole gamut of opportunities for Nigerians. “It is perhaps without doubt the fastest and…
The Coalition of Northern Groups has called on the international community to help in the realization of Biafra state, being agitated by the Indeginious People of Biafra, IPOB. Comprised of 52 northern associations, the group in a communique by its spokesperson, Abdulaeez Suleiman made available to ASHENEWS on Thursday, observed the worsening insecurity in Nigeria, should make the world “keep in mind that by far, a destabilised Nigeria will certainly threaten the peace and security of the entire sub-Saharan Africa.” Read the statement below: “The CNG hereby resolves to call on our friends and the international community, the UK especially,…
Operatives of the Oyo State Security Network Agency, also known as Amotekun, have arrested 11 suspected bandits terrorising residents of the state. Amotekum Commandant in the state, retired Col. Olayinka Olayanju, disclosed this in a statement on Thursday in Ibadan. Olayanju said that the suspects were arrested during joint routine patrol with members of the Oodua Peoples Congress (OPC) and other vigilance groups in the early hours of Thursday. Olayanju said that the suspects were arrested at two illegal check points in different locations. The commandant said that while five of them were arrested in Saki East Local Government Area,…
The federal government has declared Monday, May 3, 2021, public holiday to mark this year’s International Workers Day Celebration. A statement by the Permanent Secretary of Ministry of Interior, Shuaib Belgore on Thursday, said the Minister, Rauf Aregbesola made the declaration on behalf of the federal government. Aregbesola called for more dedication and patriotism from all Nigerian workers and the labour unions, saying the challenges of the moment will soon be over as the government is committed to the security of lives and property of all Nigerians. “Government is putting all strategies in place to curb the challenges of insecurity…
The federal government is to develop a Geographical Indications (GI), System for the country, as part of ongoing efforts to review the nation’s Intellectual Property policy and laws. Amb. Mariam Katagum, Minister of State for Industry, Trade and Investment made this known on Thursday in a statement after a GI capacity building workshop in Abuja. The workshop with the theme: “Understanding policy support for GIs in Nigeria” was organised as part of efforts between the Federal Government and the European Union to build capacity for the evolution of GI Sui Generis system for Nigeria. Geographical Indications identify products by their…
Airtel Africa Plc, a provider of telecommunications and mobile money services in 14 countries, on Thursday announced the appointment of Mr Olusegun Ogunsanya, as the new Chief Executive Officer. In a statement made available to newsmen in Lagos on Thursday, Airtel Africa said that Ogunsanya would take over from Raghunath Mandava, as the Managing Director and the Chief Executive Officer, following his intention to retire. It said Ogunsanya who was presently the Chief Executive Officer of Airtel Nigeria, would join the Board of Airtel Africa with effect from October 1, 2021. According to the statement, Ogunsanya joined Airtel Africa in…
The Central Bank of Nigeria (CBN) has queried the Board of the First Bank of Nigeria Plc for removing Dr Adesola Adeduntan, the Managing Director/Chief Executive Officer, without regulatory approval. The query is contained in a letter dated April 28, 2021 signed by the CBN Director, Banking Supervision, Mr Haruna Mustafa. The letter was addressed to the bank’s Chairman, Mrs Ibukun Awosika. Mustafa said that the action was taken without due consultations with the regulatory authorities, especially given the systemic importance of the commercial bank. He noted that the tenure of Adeduntan has yet to expire. “The CBN was not…