Day: July 7, 2022

IBEDC Remains Under AMCON Appointed Receivership

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By Emmanuel Anthony Onumadu The Receiver Manager appointed by Asset Management Corporation of Nigeria (AMCON) has called on the public to disregard a press statement recently issued by the duo of the Bureau of Public Enterprises (BPE), and the Nigerian Electricity Regulatory Agency (NERC) claiming to take over the control, and management of Ibadan Electricity Distribution Company (IBEDC). A statement signed by Mr Kunle Ogunba Esq, a Senior Advocate of Nigeria (SAN) and dated July 6, 2022, which was made available to our reporter called on the general public to…

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103 Suspects Arrested By Customs Over N7billion Contraband

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The Federal Operations Unit, Zone A, the Nigeria Customs Service, has said that 103 suspects were arrested by the unit in connection with the N7.116bn worth of contraband products between January and June 2022. The Acting Customs Area Controller in charge of the unit, Hussein Ejibunu, said this while addressing journalists recently at the unit in Lagos on the sidelines of the review of its half-year activities. Giving details of the seized contrabands, he said, “They included: 45, 928 bags of foreign parboiled rice of 50kg each, which is equivalent…

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High Profile Boko Haram Terrorist Suspects Escape After Attack On Kuje Prison – Minister

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Nigeria’s Defence Minister, Maj. Gen. Bashir Magashi (retd), has said that all the Boko Haram high-profile suspects that were hitherto held in Kuje prison, which is located within the Federal Capital Territory (FCT), Abuja escaped when their fighters bombed the facility on Tuesday night. For those who do not understand the position of Abuja in the schemen of things in Nigeria, Abuja is where Nigeria’s seat of government is situated. It is where Nigeria’s president, Muhammadu Buhari the Commander-in-Chief resides, with the full complement of the entire security arms of…

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For The Umpteenth Time, Nigerian Air Force Jet Accidentally Bombs Villagers In Katsina

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According to reports by daily Trust, a fighter jet looking for terrorists in Safana Local Government Area of Katsina State has accidentally bombed villagers at Kunkuna killing many persons. There are not yet official figures on the number of casualties after the attack. According to available information, the jet reportedly bombed the wrong targets during an operation launched against camps of bandits in the area. As of the time of filing this report, the Nigerian Air Force is yet to react or release a statement on the tragedy. This is…

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Nigeria’s Super Falcons In A Decisive Clash With Botswana Today In Morocco

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Having lost their opening Group C match against South Africa’s Banyana Banyana in defence of the Women’s Africa Cup of Nation (WAFCON) title against South Africa on Monday, Super Falcons will have another opportunity to clean up the dent from their South African opponents if they really want to with the competition for the 10th time. Recall that the Nigerian female team were beaten 2-1 by Banyana Banyana while the Botswana ladies picked a massive 4-2 victory against Burundi to lead Group C on better goals difference on same three…

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Mismanagement Of Resources By Leaders Is Reason Nigeria Is In Comatose State

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By Andrew Onyejuruuwa Former governor of Anambra State and Labour Party presidential candidate, Mr. Peter Obi yesterday questioned Nigeria’s fuel subsidy policy, describing it as a scam, just as he revealed his resolve to end the policy and channel the humongous amount of money it gulps to critical sectors like power, healthcare and education if elected president of the Federal Republic of Nigeria come 2023. The consummate businessman and billionaire also said Nigeria’s economy is currently in a comatose state and needs a specialist like him to save its life.…

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