… Branches to close at 1:00pm … Others give notice of early closure too As the nationwide fuel scarcity persists, the Guarantee Trust Bank has announced it will close operations in all its branches across the country at exactly 1.00pm on Monday. The bank, in a notice of early closure issued on Monday morning, said the current… Read More Fuel scarcity: GTB closes early on Monday
NIGERIA Labour Congress, NLC, yesterday in Lagos, threatened to direct workers to stay at home should the current fuel scarcity get prolonged. NLC, in a statement by the Joe Ajaero-led faction of Congress, lamented that with petroleum products’ prices as high as N350 per litre, claims and counter-claims between Finance Minister, Ngozi Okonjo-Iweala and marketers… Read More Fuel scarcity: NLC threatens to direct workers to stay at home
Ahmad Lawan has the highest-ranking status among Senators seeking to head the 8th Parliament of Nigeria’s Fourth Republic having been a member of the National Assembly since 1999. He spoke with NIYI BELLO on how the incoming Buhari Presidency can launch the country to greatness from the perspectives of a vibrant legislature that he hopes… Read More ‘Only a balanced budget can bring development to Nigeria’ – Lawan
The federal and state governments shared a total of N 6. 21 trillion from the Excess Crude Account in the last four years. According to a report by the Federal Ministry of Finance, yesterday, the Federal Government’s share from the ECA during the period was N3.29 trillion while the 36 states received a total of… Read More FG, states shared N6.21trn from Excess Crude Account in four years
Authorities of the National Drug Law Enforcement Agency,NDLEA and embattled senator-elect, Prince Buruji Kashamu, have traded words over the latter’s plan to arrest and arraign the politician before the Federal High Court in Lagos, today. While the NDLEA has berated Kashamu for pointing accusing fingers at former President Olusegun Obasanjo and former Deputy National Chairman of… Read More NDLEA, Kashamu trade words over planned arrest, arraignment
ABUJA – To show his determination to rid Nigeria of corruption, the president elect, General Mohammadu Buhari, after his inauguration on Friday, will unveil his anti-corruption strategy, Vanguard learnt yesterday. The Strategy will be such that will put Nigerians with corruption baggages on their toes and make them to return their loots back to the… Read More Buhari to unveil anti corruption strategy
ABEOKUTA— Former President, Chief Olusegun Obasanjo, yesterday, said Nigerians should not expect miracles from the President-elect, Muhammadu Buhari, saying, he will not be able to repair eight years bad governance overnight. He, however, warned the President-elect against cover up,urging him not to take Nigerians for granted when he assumes office as the president from May… Read More Buhari can’t transform 8 yrs’ rot overnight – Obasanjo
Mobile phone operators in Nigeria, yesterday, warned that their networks face shutdown due to fuel shortages that have crippled the nation for the past few weeks. The warning from MTN and Airtel is a sign that businesses across the nation are now being hard hit. In its reaction, Airtel said yesterday that the situation was… Read More Telecom operators to shut network over fuel crisis
ABUJA— Against the background of the pervasive fuel crisis, strike calls, mounting government debts, power outages and other problems, the All Progressives Congress, APC, yesterday, accused President Goodluck Jonathan of deliberately sabotaging the incoming APC-led government. President Jonathan, on his part, counted peace and stability as positive isues he would hand over even as he… Read More Fuel scarcity, workers’ strike, blackout: Jonathan handing over nation in crisis – APC
Former British prime minister, Tony Blair, has urged the incoming administration of Muhammadu Buhari to spare no effort in “cracking the vested interest” in the country. Represented by Peter Mandelson, a British Labour politician, Blair, who was speaking in Abuja on Wednesday at the All Progressives Congress’ (APC) two-day policy dialogue on the implementation of… Read More Crack the vested interest, Blair tells Buhari
ABUJA – THE embattled National Chairman of the Peoples Democratic Party, PDP, Alhaji Adamu Muazu,Wednesday, resigned as chairman of the party following pressure from party leaders, stakeholders and supporters of the party. In a letter he wrote to the Deputy National Chairman, Prince Uche Secondus, Muazu, noted that due to the abysmal performance of the… Read More Breaking: Muazu Resigns as PDP Chairman
A Federal High Court in Abuja has ordered the Independent National Electoral Commission to nullify the certificate of return issued to Christian Abah for the Ado/Okpokwu/Ogbadibo Federal Constituency seat in the House of Representatives of the forthcoming 8th National Assembly. Justice Adeniyi Ademola, delivering judgment in the suit challenging Abah’s eligibility to stand for the election,… Read More Court nullifies Benue Rep-elect’s certificate of return, orders prosecution
Anxiety on Tuesday gripped ministers and other top government officials in Abuja ahead of the last meeting of the Federal Executive Council under the Goodluck Jonathan administration scheduled to hold on Wednesday (today). The apprehension was triggered by a report (not by The PUNCH) credited to the Minister of Information, Patricia Akwashiki, that President Goodluck… Read More Anxiety as Jonathan, ministers hold last FEC meeting
The impeachment plot against the Niger State Governor, Aliyu Babangida, may have been stalled as the members of the state House of Assembly pushing for the governor’s removal have been paid N17m each. Our correspondent gathered that the lawmakers after receiving the N17m each were also promised by the state government that their other demands… Read More Niger lawmakers get N17m each, stop gov’s removal
The Nigeria Governors’ Forum on Tuesday demanded an explanation from the Minister of Finance and Coordinating Minister of the Economy, Ngozi Okonjo-Iweala, on how $20bn that allegedly accrued to the Excess Crude Account was disbursed. The forum, in a statement issued at the end of a four-hour meeting of the NGF which ended in the… Read More Okonjo-Iweala, govs clash over $20bn ECA funds
(PUNCH) Contrary to expectations, a former acting National Chairman of the All Progressives Congress, Chief Bisi Akande, has said that the party will not choose the next President of the Senate through zoning. Akande, who spoke with some journalists in Ikeja, on Tuesday, explained that zoning was strange to the APC. A member of the… Read More APC won’t use zoning to pick senate president – Akande
The Federal Government has requested the Chief Judge of Bayelsa State to administer the Oath of Allegiance and Oath of Office on the Rivers State Governor-elect, Chief Nyesom Wike, on May 29, 2015. The request was contained in a press statement personally signed and made available to journalists in Abuja by the Attorney-General of the… Read More FG asks Bayelsa CJ to swear in Wike May 29
A former Governor of Abia State, Orji Uzor Kalu, says the Igbo did not vote for the Peoples Democratic Party in the last general election in the South-East, maintaining that the PDP massively rigged the election in the region. Kalu, who was an ardent supporter of President Goodluck Jonathan before the elections, said this during… Read More PDP didn’t win elections in S’East – Kalu
A suicide bomber has killed nine persons in Garkida in Adamawa State while Boko Haram terrorists have attacked the Madagali area in the state in a renewed offensive by the insurgents in the liberated areas. Details of the attack remained sketchy at the time of filing this report but our correspondent reports that troops have… Read More Suicide bomber kills nine, militants attack Adamawa communities
The Nigeria Governors’ Forum on Tuesday demanded explanations from the Minister of Finance and Coordinating Minister of the Economy, Dr. Ngozi Okonjo-Iweala, on $20 billion being accruals for the Excess Crude Account for two years. This was part of a communique issued at the end of a four-hour meeting which ended in the early hours… Read More NGF asks Okonjo-Iweala to account for $20bn
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