Ex-governor of Rivers State, Dr. Peter Odili has been described as a man of integrity by the incumbent state governor, HE Sim Fubara Peter Odili who publicly declared support for Governor Sim Fubara on April 11th also announced the governor as the political leader of the state. “Our people said I should tell you to stand with the president and align with his positive policies and link the people of Rivers state with the centre,” Odili said. “They have asked me to tell you that you are the political leader of Rivers state. Rivers people say where you go, they…
Author: Ajibola Oluwasegun
The National Secretary of the All Progressives Congress, APC, Senator Ajibola Basiru has described the Ademola Adeleke-led Peoples Democratic Party, PDP administration in Osun State as autopilot. The former Senate Spokesperson claimed those who helped install the Adeleke administration in the state were already regretting their decision, noting that the incompetent current administration is the worst in the history of the state. Basiru made the claims on Thursday at a media parley held at his residence in Osogbo, the Osun state capital to commemorate this year Eid-el-Fitr. He called on party members in Osun to work towards a stronger party…
The federal government is teaming up with the African Union (AU) through the African Union – Interafrican Bureau for Animal Resources (AU-IBAR) to formulate a comprehensive Blue Economy Strategy for Nigeria. The Minister of Marine and Blue Economy, Adegboyega Oyetola, shared this information during a workshop with stakeholders in Abuja yesterday. They discussed important topics to focus on when creating Nigeria’s National Blue Economy Strategy. Addressing the gathering, Oyetola suggested that recognizing the vast potential of our national marine resources, the establishment of the enhanced partnership committee on sustainable blue economy in Nigeria was given the green light to create…
Report emanating from the aviation sector has it that Nigeria’s visa-on-arrival biometric fee has been increased from $90 to a staggering $170. This Podium Reporters gathered has generated significant outcry and heaped more financial burden on travellers. The policy which has generated a lot of criticism from local and international travellers have been implemented with the exception of US citizens who have been granted waivers. The Visa On Arrival policy is a service extended to travellers planning to visit Nigeria for business or tourism. This is enjoyed by members of the African Union (excluding ECOWAS citizens) and business travellers. According…
In a bid to ensure that the naira continues to further strengthen against the dollar, the Economic and Financial Crimes Commission, EFCC has warned schools, hotels, supermarkets and others to desist from the habit of charging in dollars and other foreign currencies, services rendered in the country. The EFCC Chairman, Ola Olukoyede made this known in the latest monthly edition of the commission’s monthly e-nagazine, released on Monday. The commission through its chairman, threatened to jail anyone found in the act of sabotaging the naira. The EFCC boss warned that anyone caught receiving dollars or other foreign currencies for goods…
The immediate past Deputy President of the Senate, Sen. Ovie Omo-Agege, has assured Nigerians that President Bola Tinubu would turn around the economy for the better. Omo-Agege gave the assurance, weekend, in Ughelli, during a reception held in his honour to officially welcome him back to Delta State after his term. According to him, “We are here because this is my official home coming and with this, I will continue to be interacting with you because it was you all that put this government in place. We championed and for the aspiration of the president of the Federal Republic of…
The Central Bank of Nigeria has written to all banks in Nigeria to stop the use of foreign currencies as collateral for naira loans. It disclosed this in a circular uploaded to its website on Monday. The apex bank said it had observed the use of FCY by bank customers as collateral for naira loans and, therefore, prohibits it with immediate effect.
The Central Bank of Nigeria, CBN, has slashed the exchange rate in the Bureaux De Change, BDC, segment of the forex market by 12 per cent or N152.23 to N1,117.5 per dollar even as it commenced another round of dollar sale to 1,588 eligible BDCs. The CBN announced the new rate in a circular on Monday saying it will sell $10,000 to each BDC at N1,101 per dollar, for eligible invisible transactions, directing that the BDCs should sell to eligible end-users at spread of not more than 1.5 percent. This means BDCs will sell to end users at maximum exchange…
In a surprising turn of events, Governor Godwin Obaseki of Edo State has nominated 38-year-old Omobayo Marvellous Godwins as the new Deputy Governor following the impeachment of Philip Shaibu by the state house of assembly. The nomination comes after a swift and decisive action by the governor in nominating a successor to fill the position. Omobayo Godwin, a relatively young figure in Edo State politics, is set to make history as the youngest Deputy Governor in the state’s history. With his inauguration slated to take place today at the Government House in Benin City, all eyes are on the newcomer…
The Edo State House of Assembly has impeached the embattled deputy governor, Comrade Philip Shaibu. The impeachment, today, Monday, followed the adoption of the report of the seven-man investigative panel set up by the Assembly to probe allegations of misconduct against Shaibu. The impeachment proceedings culminated in a dramatic vote that saw Shaibu ousted from his position. The proceedings were initiated earlier this week. Report has it that the seven-man panel investigating allegations of constitutional breaches against the Edo State Deputy Governor, Phillip Shaibu on Friday concluded it’s sitting without Shaibu or his counsel appearing. The panel forwarded its report…