The University of Ibadan (UI) branch of Academic Staff Union of Universities (ASUU) has ordered its members to boycott the 72nd convocation and Foundation day ceremonies of the institution. ASUU-UI Chairman, Ayo Akinwole, said in a statement on Tuesday that the action was in the spirit of the ongoing strike. Akinwole said a copy of the letter to boycott the ceremonies had been sent to Prof Idowu Olayinka, the Vice Chancellor of the university. He said the action was in line with a bulletin of the union forbidding members not to participate in any teaching, statutory meetings, examinations and ceremonies of…
Author: Editor
The House of Representatives Committee on Niger Delta Affairs on Tuesday in Abuja queried the allocation of N15 billion to the East West Road project. The members of the committee at the Ministry of Niger Delta Affairs 2021 budget defence frowned at the allocation of N4 billion to all other human developmental projects in the region. The Chairman of the committee, Rep. Essien Ayi (PDP-Cross River) said that the East West road had been under construction for over 14 years. “We just finished with EndSARS, we know what happened, the whole of my state capital everywhere was turned upside down.…
An Abuja based self acclaimed activist, Kenechukwu Okeke, has filed a criminal charge against notable Nigerian celebrities. They include founder of Daystar Christian Center, Pastor Sam Adeyemi, female rights activist, Aisha Yesufu, Nigerian sport icon, Kanu Nwankwo, music stars, David Adeleke aka ‘Davido’, and 46 others over their alleged complicity in last month nationwide #EndSARS protest in the Federal Capital Territory (FCT). The criminal charge instituted at the Chief Magistrate Court of the FCT, is pursuant to section 58, 109, 110 of the Administration of Criminal Justice Act, 2015. In the charge, the Endsars protesters were accused of forming an…
The Economic and Financial Crimes Commission, EFCC, has appealed the February 18, 2010 discharge and acquittal of former minister of Science and Technology, Dr. Abdu Bulama and four others by Justice Isah H. Dashen of the Federal High Court, Damaturu, Yobe State. Bulama, who was the coordinator of former President Goodluck Jonathan Campaign Organisation for the 2015 general election, was prosecuted alongside Mohammed Kadai, a former commissioner for Integrated and Rural Development in Yobe State and deputy coordinator of Goodluck Jonathan Campaign Organisation, Yobe State; Abba Gana Tata; Muhammad Mamu and Hassan Ibn Jaks on a seven-count charge that bordered…
The immediate past Director-General of the Nigerian Maritime Administrative and Safety Agency (NIMASA), Dr. Dakuku Peterside, says the 25th anniversary of the killing of Ogoni martyrs led by Ken Saro-Wiwa, calls for a rededication to the ideals they espoused. A statement by the Dakuku Peterside Media Team and made available to AsheNews on Tuesday also alleged that the killing of another four prominent Ogoni sons was part of a grand conspiracy to inflame the ethnic nationality. Dr. Peterside stressed that the Ogonis had lost so much and was time the Nigerian government revisited the issues that led to the agitation.…
The Lagos Zonal Office of the Economic and Financial Crimes Commission, EFCC, on Monday, re-arraigned Haruna Baba Jauro, a former acting Director-General of the Nigerian Maritime Administration and Safety Agency, NIMASA, Dr. Dauda Bitrus Bawa and a company, Thlumbau Enterprises Limited, before Justice C.A. Obiozor of the Federal High Court, sitting in Ikoyi, Lagos on a 19-count charge, bordering on stealing and money laundering to the tune of N304,118,500. A statement by the Spokesperson of the Commission, Wilson Uwujaren made available to AsheNews on Tuesday said, the defendants were first arraigned on April 12, 2016 before retired Justice Mojisola Olatoregun…
The Tertiary Education Trust Fund (TETFund), said it was targeting to generate about N500 billion as Education Tax in 2021 fiscal year. Mr Kashim Imam, Chairman, TETFund Board of Trustees, said this at the 2020 Joint Interactive Forum organised by TETFund and Federal Inland Revenue Service (FIRS) in Port Harcourt on Tuesday. Imam said that the fund would be raised from two per cent of assessable profit tax contributions from oil and gas companies in the country. “We decided to organise this interactive forum to see how we can improve collection of Education tax, especially with the COVID-19 pandemic. “For…
Transactions on the Nigerian Stock Exchange (NSE) remained upbeat on Tuesday with the market capitalisation hitting N17 trillion benchmark due to gains in high capitalised stocks. Specifically, the market capitalisation appreciated by N212 billion to close at N17.059 trillion compared with N16.847 trillion recorded on Monday. Similarly, the All-Share Index improved by 404.05 points or 1.25 per cent to close at 32,647.10 against 32,243.05 achieved on Monday. Month-to-Date and Year-to-Date gains increased to 6.9 per cent and 21.6 per cent, respectively. The upturn was impacted by gains recorded in large and medium capitalised stocks, amongst which are; MTN Nigeria Communications,…
By Nefishetu Yakubu, Benin Governnor Godwin Obaseki of Edo on Tuesday presented a budget of N153.4 billion for 2021 to the state House of Assembly for approval. Presenting the budget christened ‘MEGA Budget‘, Obaseki said that it was made up of N94.8 billion recurrent expenditure and N58.6 billion capital expenditure. “Mr speaker, you will note that the recurrent component is larger than the capital. It is to help us deal with the social and economic consequences of COVID-19. “The total receipts of N153 billion expected for 2021 comprise of N71 billion from the federation account and N36 billion Internally Generated…
Lagos State Governor, Babajide Sanwo-Olu, on Tuesday presented the 2021 budget appropriation of N1.155 trillion at the Lagos House of Assembly. Presenting the appropriation, christened “Budget of Rekindled Hope”, Sanwo-Olu said that it reflected the state’s determination to rise above the challenges that had affected its development indices in the last 10 months. He said that the budget had a proposed Recurrent Expenditure of N451.75 billion and a Capital Expenditure of N703.27 billion. According to him, the General Public Services allocation is N136.28 billion, under which the Science and Technology Sector has N28.27 billion and Other General Public Services has…