Category Archives: Local News

Fashola attacks Goje, says his language unparliamentary

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The Minister of Power, Works and Housing, Babatunde Fashola, on Thursday hit back at Senator Danjuma Goje, stressing that the legislator’s utterances and choice of words were “unparliamentary and therefore not deserving of a reply.” The minister also said it was regrettable that Goje, the Chairman, Committee Chairman on Appropriation,  would seek to trivialise the […]

Jonathan’s wife petitions Reps, alleges harassment by EFCC, NDLEA

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Former President Goodluck Jonathan’s wife, Patience, has petitioned the House of Representatives, seeking protection against alleged “relentless” harassment by agents of the Federal Government, particularly the Economic and Financial Crimes Commission. Mrs. Jonathan also listed the National Drugs Law Enforcement Agency and the Federal Inland Revenue Service among agencies of the government that were allegedly […]

More Badoo suspects lynched in Ogun, Lagos

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Jungle justice on suspected members of Badoo continued on Wednesday at Ebute, Ipakodo, Ikorodu, Lagos, when a yet-to-be identified man was set ablaze by residents. This is just as the state police command says it has screened over 100 arrested suspected members of the gang and arraigned those found culpable before the Lagos State Mobile […]

$1.1bn Malabu Oil Deal: Reps panel invites Jonathan

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The House of Representatives resolved on Wednesday to invite former President Goodluck Jonathan to testify in the ongoing investigations into the controversial sale of Oil Prospecting Licence 245. Better known as $1.1bn Malabu Oil deal, an ad hoc committee of the House has been investigating the alleged diversion of the money, which was the Federal […]

BREAKING: UNIOSUN students in violent protest over incessant missing students

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Students of the Osun State University have taken over Olaiya and some streets in Osogbo burning brutes and vandalising properties as they protest the disappearance of their colleagues. A 400 level student of Microbiology Department was called out by a neighbour, Sakariyau Abdulrofiu, 10 days ago and his corpse was found at the back of […]

Senate backs Melaye, says recall waste of time

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The Senate on Tuesday expressed its backing for the embattled lawmaker representing the Kogi-West senatorial district, Senator Dino Melaye, over the ongoing move by his constituents to recall him from the National Assembly. The lawmakers stated that they would determine whether Melaye could be recalled by his constituents or not, describing the ongoing process as […]

N3.57tn borrowed in 21 months to finance budget deficit –FG

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The Federal Government said on Tuesday that it borrowed N3.57tn between June 2015 and March 2017 to finance budget deficits. The government said this in response to an enquiry by The PUNCH, which sought to know what use it had put the funds being borrowed in the last two years from both external and local […]

Manufacturing Index Closes Higher at 52.5 basis points in May- CBN

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Enelamah

The Central Bank of Nigeria (CBN) has revealed that Manufacturing Purchasing Manager Index (PMI) rose by 1.4 basis points to close at 52.5 index points in May 2017 from 51.1 basis points in April, indicating expansion in the manufacturing sector for the second consecutive month. This development is sequel to the apex bank’s improved sale […]

SERAP to Fashola: Order DisCos to provide pre-paid meters or face legal action

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Fashola

Socio-Economic Rights and Accountability Project (SERAP) has sent an open letter to the Minister of Power, Works and Housing Babatunde Fashola, SAN, requesting him to urgently enforce directives to electricity distribution companies (DISCOs) to provide free pre-paid meters to Nigerians. The organization gave the minster a 7 day ultimatum, “failing which SERAP will institute appropriate […]

Nigeria Considers Fresh Electricity Tariff Hike

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power

There are indications that electricity tariff may be raised around mid-year as government considers options to revive the ailing power sector by injecting $7.6 billion (about N2.4 trillion) in five years. The details are contained in the Power Sector Recovery Plan (PSRP), a document formulated in March by the Office of the Vice President and […]