As the probe into corruption allegation against suspended Accountant General of the Federation (AGF), Ahmed Idris continues, indications are rife that a good number President Muhammadu Buhari’s cabinet members are consumed. With the rate of discoveries by Nigeria’s anti-graft agency, the Economic and Financial Crimes Commission (EFCC), the number of big shots in Buhari’s administration that may be consumed, are increasing on daily basis. A highly placed source in the anti-corruption circle has informed Economic Confidential, that the total sum in the series of coordinated scams traced to the AGF is up to N200 billion. He added that too many…
Author: Newsdesk
A member of the ruling All Progressives Congress (APC), Sagir Mai Iyali has asked the party’s presidential screening committee to disqualify one of the aspirants, Bola Ahmed Tinubu over alleged certificate forgery. The petition dated May 17, 2022, was submitted on Monday, May 30, and its receipt was acknowledged by one Emmanuel Akpan. Tinubu’s academic qualifications have been a subject of controversy for over a decade. He had indicated he graduated from the University of Chicago in his INEC form 001 filled when he contested the Lagos State governorship poll in 1999. The former governor also claimed in the affidavit…
The Nigeria Customs Service (NCS) says it will generate whopping revenue of $176 billion over the next 20 years through the implementation of e-customs project. The NCS Comptroller-General, retired Col. Hameed Ali, disclosed this on Monday in Abuja during the signing of e-Customs concession agreement between the NCS, Africa Finance Corporation (AFC) and China’s Huawei Technologies Limited. Ali said that the e-Customs concession project would ease the cost of doing business, boost revenue, enhance productivity and stop arbitrariness in the service. He said, “The $3.2 billion e-Customs project to be financed by the Africa Finance Corporation (AFC) and managed by…
By Justina Auta AIDS Healthcare Foundation (AHF), an NGO, in partnership with the federal government, on Monday sensitised students with disability in the Federal Capital Territory on menstrual hygiene health and management. The event, which was organised by the foundation, was commemorated in partnership with the Federal Ministries of Health, Education and Women Affairs, at the School of the Deaf, Kuje near Abuja. The Menstrual Hygiene Day (MH Day) is annually celebrated on May 28 in many countries around the globe. Menstruation is the monthly shedding of the lining of a woman’s uterus, commonly known as the womb. Menstruation also…
Osun state governor, Gboyega Oyetola has released N1.1 billion for the payment of pensions of retired civil servants in the state. A statement by the Head of Service, Dr Festus Olowogboyega, on Monday in Osogbo, said that N 600 million of the money would be for the payment of retired primary school teachers and local government workers. Olowogboyega said that the remaining N500 million was approved for the payment of civil servants under the contributory pension. He said the selected retirees would get their bonds on June 2. Olowogboyega also said that the list of beneficiaries had been pasted on the notice board…
A High Court in Damaturu, Yobe, on Monday ordered MTN Telecommunications limited and Nigeria Electricity Liability Management Limited/GTE (NELMCO), to pay N200 million to Hamsatu Abdullahi for negligence. Justice M. Lawu Lawan said: “I hold that the plaintiff has dully established by oral and documentary credible and unchallenged evidence against the defendants. “I equally hold that the plaintiff is entitled to claims from the defendants jointly and severally as compensation or general damages for the permanent disablement via the loss of her two hands, right leg. “This led to continuous pains, medical treatment, anguish, shock and continuous psychological trauma and…
TAJBank Limited, Nigeria’s leading non-interest bank, says it recorded Profit Before Tax (PBT) of N1.6 billion in Financial Year 2021. The bank’s Managing Director, Mr Hamid Joda, said in a statement that the growth represented 433 per cent improvement on the bank’s profit for 2020. Joda said that the bank also recorded 117 per cent growth in gross revenue, from N3.3 billion to N7.2 billion. “In the period under review, TAJBank recorded positive indicators which showed the remarkable growth that the nascent bank continues to achieve. “The bank’s financial results showed a rise in its balance sheet figure from N50…
The Chairman, Board of Trustees (BoT) of Peoples Democratic Party (PDP), Sen. Walid Jibrin has described the emergence of Atiku Abubakar as PDP presidential candidate as a huge success for the party. Jibrin in a statement issued on Monday in Abuja also described it as a good omen for all Nigerians. He said that the former vice president’s success had opened a way for all Nigerians as far as the 2023 general elections were concerned. The BoT chairman recalled how Abubakar had been elected at the PDP presidential primaries in Port-Harcourt in 2019 and how it was sabotaged. “We must…
The Regional President of Pfizer Africa and Middle East (AfME), Mr Patrick Van der Loo, says the company is working on achieving its 2023 target of reducing by 50 per cent the number of people without access to lifesaving medicines and vaccines. Van der Loo in a virtual interview held on Monday, said inequity in access to medicine and vaccines could result in severe medical, social and economic consequences including increased mortality. According to him, COVID-19 pandemic highlights the complexity of access to quality health and the inequality that exists between wealthy and poor nations. He acknowledged that solving access…
The Nigerian Army has debunked the report alleging that some Nigerian villages were attacked by Cameroonian (Ambazonian) seperatists on Sunday. The Director, Army Public Relations, Brig.-Gen. Onyema Nwachukwu, refuted the claim in a statement on Monday in Abuja. Nwachukwu said the Nigerian troops deployed at Danare received information on Sunday morning about the said attack contrary to the ‘misinformation’. He said the troops immediately mobilised to Bashu community, which was allegedly under attack. “On their arrival, it was revealed that Bashu was not under attack and no external incursion was recorded; rather the separatists attacked Obonyi 2 and Njasha, both…