N240billion Debt: AMCON Refutes ‘Out-of-Court Settlement’ With Pan Ocean Group

File photograph of AMCON spokesperson, Jude Nwauzor The Asset Management Corporation of Nigeria (AMCON) on Tuesday refuted the claim by Pan Ocean Group that it (Pan Ocean) has reached an ‘Out-Of-Court-Settlement’ agreement with the federal government debt recovery agency. A press statement in Abuja by AMCON and signed by Mr Jude Nwauzor, its Head, Corporate Communications Department and made available to our correspondent described the news claiming that the huge debt has reached settled out-of-court settlement with the parties as false news. The full statement reads: “Contrary to the false…

Read More

Okonjo-Iweala: WTO Ambassadors Propose Her As Next DG

Nigeria’s former finance minister Dr Ngozi Okonjo-Iweala has been recommended to become the new Director-General (DG) of the World Trade Organisation (WTO). Reuters, a leading news agency gathered that a key group of WTO ambassadors proposed Okonjo-Iweala to lead the WTO, on Wednesday. The recommendation of Okonjo-Iweala was made by three WTO ambassadors, the so-called “troika”, after consulting with members in a series of closed-door meetings in Geneva as part of an intricate and secretive process that some have compared to a papal succession, Reuters reported. But the recommendation still…

Read More

Nigeria’s Sen. Ike Ekweremadu Is New IPC Chief Coordinator

International Parliamentary Congress, (IPC) has appointed Nigeria’s former Deputy President of the Senate, Ike Ekweremadu, as its Chief Coordinator for Africa. The latest appointment was conveyed to Ekweremadu in a letter dated October 26, 2020, by the Secretary-General of the IPC and member of the Pakistani national parliament, Senator Muhammad Ali Saif, according to a statement by Ekweremadu’s media adviser Uche Anichukwu. The statement said, “We are proud to inform you that the Honourable President of the IPC has nominated your good self as Chief Coordinator Africa with immediate effect.…

Read More

#ENDSARS FCT Lootings: Bello Incidents, Reassures Residents Of Their Safety

File photograph of Nigeria’s Minister of the Federal Capital Territory (FCT), Mr Muhammad Bello  Mr Muhammad Bello who is Nigeria’s Minister of the Federal Capital Territory (FCT), Abuja has condemned the activities of hoodlums who looted warehouses at the Idu Industrial Layout, Gwagwalada and other areas within the territory in search of the coronavirus (COVID-19) palliatives. The minister however reassured the residents of the FCT of their safety. Bello who led the FCT Security Task Force, comprising the FCT Commissioner of Police and heads of various security agencies to assess…

Read More

PANDEF To Buhari: Take Full Responsibility For Lekki #ENDSARS Shootings

In a stiff reaction to the infamous Lekki Toll Gate military shootings on Tuesday October 20, 2020, the Pan Niger Delta Forum (PANDEF) on Tuesday asked the President Muhammadu Buhari to take full responsibility for the shootings of peaceful #ENDSARS protesters at the Lekki in Lagos State. The Niger-Delta forum also called on Buhari to order the immediate commencement of actions that would bring the perpetrators of the dastardly act to book. In a statement by its spokesman, Mr. Ken Robinson, the body backed the calls by the Catholic Bishops…

Read More

#ENDSARS Attacks: Senate Panel Suspends Budget Session Over Attacks

Yesterday, the Senate Committee on Interior suspended its budget defence session for agencies under its watch following attacks from #EndSARS protesters and COVID-19 palliatives looters across the country. Senator Kashim Shetima, the committee chairman, acknowledged that most of the paramilitary organisations were victims, as their offices were either vandalised or torched by the hoodlums. Since they have submitted their votes, he said there were no compelling issues to hold them back. In a similar development, the Minister of Niger Delta Affairs, Senator Godswill Akpabio, has faulted the N26, 592,560,040 allocated…

Read More

Simple Breath Test That ‘Can Diagnose Covid-19 Within One Minute’ Without The Need For Swabs

Researchers studied the feasibility of using breath-analysis (pictured, stock image) to distinguish COVID-19 from other respiratory conditions, including influenza United Kingdom (UK) scientists say a non-invasive breath test can identify people with coronavirus (COVID-19) within one minute. Their test uses ‘breath signatures’ to rapidly distinguish COVID-19 from other respiratory conditions such as asthma and influenza. It identifies different chemical compounds or ‘biomarkers’ that become more abundant in the breath of people with COVID-19, but not people with these other respiratory conditions. Developed as part of a project called TOXI-Triage, the…

Read More

Former CBN Governor Wants FG To Establish Commission For Youths

A former Governor of the Central Bank of Nigeria (CBN), Prof. Charles Soludo, has urged the federal government to allow the youth to be at the fore in making and implementing policies for the country. Soludo said this in an article he wrote regarding the uprising by the youth against police brutality and the call for better governance. The professor of economics, who said his daughter had fallen victim to the defunct Special Anti-Robbery Squad (SARS), added that he has been protesting for a better Nigeria since he was 19…

Read More

#ENDSARS: Lagos Panel Of Inquiry Receive 15 Petitions, More Expected

Members of the Lagos State Judicial Panel of Inquiry for Restitution for victims of #EndSARS-related abuses with Governor babajide sanwo-Olu (5th from left) Already, the Lagos State Judicial Panel of Inquiry for Restitution for victims of #EndSARS-related abuses as well as the Tuesday October 20 Lekki Tollgate military shootings and killings has received 15 petitions from victims of abuses in its first week constitution. In a related development, the Lagos State Commissioner of Police, Hakeem Odumosu, has issued a note of warning to law-abiding citizens especially parents, community leaders and traders…

Read More

We Never Issued Looters Ultimatum to Return Stolen Palliatives – Plateau Govt

Looters on rampage Following reports in the media yesterday that the Plateau State government issued an ultimatum to all those who participated in the looting of palliative warehouse to return their loot, the state government has  denied asking looters to return stolen palliatives as claimed by the Nigerian Police. The state government noted that the position of the Police is not the same as that of the state government. The state Commissioner of Information, Mr. Dan Manjang said the palliatives belong to the people, and there was no need asking…

Read More