The Ondo State Police Command, on Tuesday, said it had arrested a suspected armed robber and kidnapper, who escaped from Gombe State after an operation. According to the police, the suspect belongs to a notorious gang, which specialises in robbery and kidnapping in the northern part of the country. The state Commissioner of Police, Mr Bolaji Salami, who disclosed this in Akure, said the command would ensure that Ondo State remained too hot for kidnappers and others criminals. Salami, who did not disclose the identity of the suspect, stated that he was arrested in Ore, Odigbo Local Government Area of…
Author: YemieFash
An investigative hearing into the $100 million premium allegedly paid by Nigerian National Petroleum Corporation (NNPC) and Joint Ventures (JVs) for non-existing assets overseas as well as the implementation of insurance policies of other Ministries, Departments and Agencies (MDAs) began yesterday. Rep. Darlington Nwokocha, Chairman, House Committee on Insurance & Actuarial Matters, flagged off and presided over the 10-day investigative hearing/pre-forensic Audit meeting. He explained that the exercise was necessitated by alleged breaches on insurance by insurance business by practitioners; low retention capacity of dollar-denominated insurance business and the effect on the economy; and under-utilisation of capacity of insurance policy,…
Despite intervention by regional heads led by Nigerian President, Muhammadu Buhari and his predecessor, Goodluck Jonathan, Mali’s history of a military takeovers has played again as all mediation failed to resolve the crisis-torn nation. In the early hours of Wednesday, President Ibrahim Keita bowed to pressure and announced his resignation from office after pressure from rebellious soldiers. “Today, certain parts of the military have decided that intervention was necessary. Do I really have a choice? Because I do not wish blood to be shed,” Mr Keita said in a brief statement as quoted by Al Jazeera. Mr Keita had led…
The House of Representatives has, again, summoned the management of DSTV over increment of the cable television’s subscription tariffs on June 1. The House Ad Hoc Committee Investigating the Non-Implementation of ‘Pay As You Go’ Tariff by Satellite Broadcast Service Providers issued the summons, asking DSTV, owned by South Africa-based Multichoice, to appear before it next Tuesday. At its investigative hearing in Abuja on Tuesday, the committee gave StarTimes two weeks to review its subscription fees to reflect the current new 7.5 per cent Value Added Tax. StarTimes, which is domiciled with the Federal Government owned Nigerian Television Authority, had…
A power distribution firm, BEDC Electricity Plc, on Tuesday said it had commenced the distribution of 100 specialised hand-washing machines to federal and state government hospitals, agencies and public institutions. A statement by the BEDC management said the company was also covering markets and communities in its franchise states of Delta, Edo, Ondo and Ekiti, as part of efforts towards promoting safety practices among the people. It noted that the gesture was to demonstrate the company’s sensitivity to residents of its coverage areas over the hardship occasioned by the COVID-19 pandemic by promoting hygiene habits. “The donation, which commenced in…
The World Bank is delaying approval of Nigeria’s request for a $1.5 billion loan due to concerns over desired reforms, according to Reuters. Reuters quoted unidentified sources as saying the main concern being expressed by the World Bank was naira reform. Both the World Bank and International Monetary Fund, IMF, have, in the past, advised Nigeria to float its currency and allow market forces to determine the value of the naira. According to the report, the World Bank had aimed to bring the loan request to its board for approval this August but that the approval will now be delayed…
The Social Democratic Party ( SDP) in Ondo State has condemned the unprovoked attack that was unleashed on its members on Tuesday by some thugs suspected to be working for the All Progressive Congress (APC) in Idanre. Several members of SDP were inflicted with machete cuts by suspected APC thugs on Tuesday when they were peacefully having a political meeting at the party’s secretariat in Idanre ahead of Saturday’s local government election. Guns were said to have been freely used by the suspected APC thugs in a broad day light to stop the political gathering; while several SDP members…
Oodua Youth Coalition has honored the Chief Executive Officer of Jazz Records Limited, Prince Imoleayo Adebayo with the honor of Oodua Youth Ambassador of peace. The honour of Prince Adebayo by the Oodua Youth Coalition was premised on his recognition as a leading provider of integrated environmental solutions. According to Oluyi Akintade Tayo the President of Oodua Youth Coalition, the award presentation which was held on Tuesday, August 18, 2020, is in recognition of his interest in the progressiveness of the Yoruba race. He also started that Prince Imoleayo Adebayo was honored for being an ardent stickler for success,…
The House of Representatives on Tuesday summoned the Minister of Justice and Attorney General of the Federation, Mr Abubakar Malami and the Minister of Finance, Budget & National Planning, Mrs Zainab Ahmed over the controversies surrounding the signing of the sovereignty clauses in all the Chinese loan contracts and agreements including the $33 bIllion obtained by Federal Ministry of Transportation till date. Other loans include $340 million (the equivalent of N40 billion) for the supply of information satellite (NigComSat) launched in 2008; the unstated amount for the supply of communications satellite 1-R; contract for the supply for clearing and installation,…
Some Peoples Democratic Party (PDP) leaders in Ondo South Senatorial District displeased over the running mate picked by governorship candidate of the party, Eyitayo Jegede. Jegede picked a member of the House of Representatives, Hon. Gboluga Ikengboju, as his running mate, rejecting names submitted to him by party chieftains. One of the aspirants in the just- concluded PDP primary, Godday Erewa, said selection of a running mate to any candidate in a political contest was a crucial component of the electioneering process. He argued it could be instrumental in boosting or hampering the electoral victory of a political party especially…