DOMESTIC DEBT: Lagos, 14 Other States Recorded At Least 100% Debt Jump in Less Than Six Years

BusinessNewsPoliticsDOMESTIC DEBT: Lagos, 14 Other States Recorded At Least 100% Debt Jump in Less Than Six Years

Bada Yusuf Amoo (Correspondent)July 8, 2021

LAGOS — The cumulative domestic debts of Lagos and 14 other states rose 153.85 percent between December 31, 2015, and March 31, 2021; this was based on the data obtained from the Debt Management Office. According to the data, each of the states in question has in the record at least 100 percent jump in less than six years under review. The 15 states under review had a cumulative domestic debt of N1.68tn as of...

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Nigeria Can be Unified on the Basis of Equity and Justice, Moghalu Comments on Kanu, Igboho

MilitaryNational DevelopmentPoliticsNigeria Can be Unified on the Basis of Equity and Justice, Moghalu Comments on Kanu, Igboho

Bada Yusuf Amoo (Correspondent)July 7, 2021

The former Deputy Governor of the Central Bank of Nigeria (CBN), Kingsley Moghalu, has condemned the re-arrest of the leader of the proscribed Indigenous People of Biafra (IPOB) and the attack on the residence of the Yoruba Nation agitator, Sunday Adeyemo, popularly known as Sunday Igboho. The former Presidential Aspirant said this in a statement on Monday, noting that Nigeria can remain united on the basis of equity and justice, calling on the administration of...

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Malami Says Canadian Justice Minister is ‘Ignorant’ for His View On Nnamdi Kanu’s Arrest

Law & JusticeNewsNigeriaMalami Says Canadian Justice Minister is ‘Ignorant’ for His View On Nnamdi Kanu’s Arrest

Bada Yusuf Amoo (Correspondent)July 7, 2021

ABUJA — The Attorney General of the Federation and Minister of Justice, Abubakar Malami, has described the views of the Solicitor General of Alberta in Canada, Kelechi Amadi, on the arrest of Nnamdi Kanu as an “outrageously ignoramus opinion that is eccentric and weird”. The Minister said this in a statement issued by the Special Assistant on Media and Publicity to the Office of the AGF, Umar Gwandu on Wednesday. “Attorney General of the Federation...

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Gunmen Assassinate Haiti President, Jovenel Moise

World NewsGunmen Assassinate Haiti President, Jovenel Moise

Bada Yusuf Amoo (Correspondent)July 7, 2021

Haiti President Jovenel Moise was assassinated at his home early Wednesday morning by a group of armed individuals, interim Prime Minister Claude Joseph announced. Joseph said he was now in charge of the country. Moise’s injured wife was in the hospital, according to Joseph, who urged the public to remain calm, and insisted the police and army would ensure the population’s safety. “The president was assassinated at his home by foreigners who spoke English and...

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Senate Orders Investigation Into the ‘Unlawful Arrest’ of Nigerians by Benin Republic

Foreign PolicyNewsNigeriaSenate Orders Investigation Into the ‘Unlawful Arrest’ of Nigerians by Benin Republic

Bada Yusuf Amoo (Correspondent)July 6, 2021

ABUJA — The Senate has condemned and ordered investigation into what it described as the “unlawful” encroachment and arrest of Nigerians by the authorities of the Republic of Benin. The red chamber directed its Committees on Foreign Affairs, Judiciary, Human Rights and Legal Matters, and States and Local Governments to interface with the Federal Ministry of Foreign Affairs, the Federal Ministry of Justice and the National Border Commission to urgently put in place the necessary...

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Southern Lawmakers Back Region Governors on 2023 Presidency, PIB, Electoral Act

NewsPoliticsSouthern Lawmakers Back Region Governors on 2023 Presidency, PIB, Electoral Act

Bada Yusuf Amoo (Correspondent)July 6, 2021

Members of the House of Representatives from the southern part of Nigeria have thrown their weights behind the resolution of the Southern Governors’ Forum on the Petroleum Industry Bill (PIB), Electoral Act (Amendment) Bill, and the Presidency rotation in 2023. This was disclosed in a statement by the Chairman of the Caucus, Hon. Victor Nwokolo, issued on Tuesday and titled, ‘Southern Reps Backs Southern Governors On Presidency, Electronic Transmission of Election Results, PIB, Others.’ On...

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Buhari to Appear In Court As SERAP Files Suit Over $25bn Overdraft Taken From CBN

CorruptionLaw & JusticePoliticsBuhari to Appear In Court As SERAP Files Suit Over $25bn Overdraft Taken From CBN

Bada Yusuf Amoo (Correspondent)July 5, 2021

ABUJA — The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit, asking the court “to compel President Muhammadu Buhari to disclose spending details of the overdrafts and loans obtained from the Central Bank of Nigeria (CBN) since May 29, 2015, including the projects on which the overdrafts have been spent, and repayments of all overdrafts to date.” The rights group is also seeking an order to compel the president to explain “explain and clarify...

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Dangote Refinery, Others Can Buy Crude Oil in Naira, Petroleum Industry Bill

BusinessOil & GasDangote Refinery, Others Can Buy Crude Oil in Naira, Petroleum Industry Bill

Bada Yusuf Amoo (Correspondent)July 5, 2021

LAGOS —In the recently passed Petroleum Industry Bill by the Nigeria National Assembly, holders of refinery licenses in the country can pay for domestic crude oil supply in naira. Companies holding the refinery licenses in the country included Dangote Oil Refinery Company, Waltersmith Refining & Petrochemical Company Limited, OPAC Refineries, Niger Delta Petroleum Resources, BUA Refinery & Petrochemicals, and Edo Refinery and Petrochemical Company Limited. The Senate and the House of Representatives recommended in the...

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Bandits Kidnap Unspecified Number of Baptist Students In Kaduna

Crime & SecurityBandits Kidnap Unspecified Number of Baptist Students In Kaduna

Bada Yusuf Amoo (Correspondent)July 5, 2021

Bandits have again attacked Bethel Baptist School, a private college in the Maraban Rido area of Chikun Local Government Area of Kaduna State, and abducted an unspecified number of the Baptist students. The report said the kidnappers invaded the school located along the Kaduna – Kachia road in the early hours of Monday and started shooting sporadically into the air before the kidnapping of the students. Four of the students escaped while the rest were...

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UK’s Guide on “Consular Assistance” Reveals Britain Can’t Get Nnamdi Kanu out of Jail

Foreign PolicyNigeriaUnited KingdomUK’s Guide on “Consular Assistance” Reveals Britain Can’t Get Nnamdi Kanu out of Jail

Bada Yusuf Amoo (Correspondent)July 2, 2021

The United Kingdom (UK)’s guide for the support for British Nationals has revealed that the Queen’s country cannot get nationals out of prisons abroad. The document has, therefore, dashed the hope of Kingsley Kanu, a brother of the detained leader of the proscribed Indigenous People of Biafra (IPOB), Nnamdi Kanu, who has called on the UK Government to secure the release of his sibling. Kanu, who was born on September 25, 1967, holds both Nigerian...

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