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Nigeria signs agreement with U.S. firm on renewable energy
Lagos, Dec. 19, 2022 – Nigeria and a US firm have signed agreements on clean and reliable electricity on the sidelines of the ongoing US-Africa Leadership Summit. A statement by Garba Shehu, the Presidential Spokesman, said the agreement was signed at the US-Africa Business Forum (USABF) in Washington, D.C. The project is expected to be constructed in different phases across the six geopolitical zones and will provide clean, reliable and affordable electricity to more than 30 million Nigerians. The Federal Government signed the agreement with the U.S firm, Sun Africa …
Doyin Okupe jailed for two and half years
Abuja, Dec. 19, 2022 – Doyin Okupe, the Director-General of Labour Party Presidential Campaign Council, has been sentenced to two and half years imprisonment for money laundering. Okupe had earlier on Monday been convicted by a Federal High Court in Abuja. Justice Ijeoma Ojukwu, the Presiding Judge, had found Okupe guilty of contravening some sections of the Money Laundering Act and accepting cash in excess of the threshold allowed under the Act without going through a financial institution. The judge gave him the opportunity to provide witnesses before 1.45 pm before …
Cattle breeders call for financial support from FG
Abuja, Dec. 19, 2022 – Cattle breeders in Nigeria have called on Federal Government to give them financial support as done to other businesses in the country. Baba-Othman Ngelzarma, the President of Miyetti Allah Cattle Breeders Association of Nigeria (MACBAN), told journalists in Abuja on Monday that while billions of naira had been given to rice farmers under the Central Bank’s Anchor Borrowers Scheme, nothing significant had been given to livestock breeders. “Buhari has abandoned the pastoralists. This is very clear, whether Buhari or his lieutenants believe this or not, …
Doyin Okupe convicted for money laundering
Abuja, Dec. 19, 2022 – A Federal High Court in Abuja on Monday convicted Doyin Okupe, the Director-General of Labour Party Presidential Campaign Council, for money laundering. Okupe was a former Senior Special Assistant on Public Affairs to President Goodluck Jonathan, He is being prosecuted by the Economic and Financial Crimes Commission (EFCC) for alleged money laundering and criminal breach of trust of about N702 million. He was arraigned before Justice Ijeoma Ojukwu with two companies, Value Trust Investment Ltd and Abrahams Telecoms Ltd. Justice Ijeoma Ojukwu held that Okupe …
Suspension: Twitter started negotiation contrary to its claim – Lai Mohammed
Abuja, Dec. 19, 2022 – Alhaji Lai Mohammed, the Minister of Information and Culture, on Monday said that Twitter started the negotiation for lifting its suspension from Nigeria contrary to its recent claims. Mohammed said this while reacting to a claim by a former senior Twitter official that there was no negotiation between the company and Nigeria to rescind its suspension on Twitter. The minister told journalists at a news conference in Abuja on Monday that such denial by Twitter was ludicrous. “This claim is so ludicrous that one could …
28 killed in separate attacks on Kaduna communities
Kaduna, Dec. 19, 2022 – More than 28 people were reportedly killed in separate attacks in Malagum 1 and Sokwong communities of Kagoro Chiefdom in Kaura Local Government Area of Kaduna State on Sunday night. The Council Chairman, Mathias Siman, told journalists on Monday that he could confirm that seven people were killed in Sokwong Community. The attack came barely five days after an attack on Malagum 1, killing three persons. According to him, all the houses in Sokwong Community have been razed. He advised residents to be calm as security …
Afreximbank launches TRADAR Club to empower international businesses
Cairo, Dec. 19 2022 – The African Export-Import Bank (Afreximbank) has launched Afreximbank TRADAR Club, a member-driven network aimed at empowering international businesses and executives to transform trade and investments in Africa through trusted trade intelligence and advisory. services. A statement by Afreximbank on Monday said the club was launched in Cairo on December 18, 2022. “TRADAR Club will deliver innovative digital tools and networking opportunities, helping members to discover new markets, grow their business, save time, access dedicated expert support, post and respond to new business opportunities network, meet business/trading partners …
Ramaphosa re-elected South Africa’s ANC President
Lagos, Dec. 19, 2022 -The President of South Africa, Cyril Ramaphosa, has been elected as President of African National Congress to fly the party’s presidential ticket in the country’s 2024 general elections. He was announced as president on Monday during the ANC National Elective Conference announcement of results. Ramaphosa defeated former health minister, Zweli Mkhize, an ally of the former president, Jacob Zuma. The coast became clear for Ramaphosa after the National Assembly rejected a move to probe and possibly impeach him over a report that allegedly indicted him for …
Peter Obi will resolve petrol scarcity in Nigeria – survey
Lagos, Dec.19, 2022 – Mr Peter Obi, the Presidential Candidate of Labour Party, will resolve the perennial scarcity of petroleum products in Nigeria, a market survey indicated. A market survey conducted by Proshare reported that Obi scored the highest out of the 18 presidential candidates in 2023 polled on the resolution of the perennial problem of petrol scarcity in the country. Proshare is a research and market information services company in Nigeria. The survey’s outcome was published in latest edition of Proshare’s “Analysts’ Note”, a copy of which was made …
Demola Saraki:”I have lost my best friend,” Mutiu Are mourns
Lagos, Alhaji Mutiu Are, the Director of Presidential Campaign Council Contact and Mobilisation (South-West) of All Progressives Congress (APC), said he had lost a best friend in the death of the late Nigerian Ambassador to Spain, Demola Seriki, In a tribute made available to journalists on Sunday, Are said the late Nigerian Ambassador to Spain was a charitable and caring person who devoted his life to the growth and development of the country, in particular, and the world at large. With teary eyes, Are said: “I was deeply saddened to …