PMB Irrevocably Committed To Change – Osinbajo

Vice President Yemi Osinbajo, said on Saturday that President Muhammad Buhari is “completely and irrevocably committed to change”. He further restated the resolve of the Buhari administration towards instituting a new culture of probity and accountability in governance saying “it’s a new day in Aso Rock”. “Nearly a year on- there are many problems and many have asked where is the change? Is this the change we voted for? Even some fifth columnists in our midst have suggested bring back corruption,” according to the Vice President while speaking today at…

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Ajaokuta Steel Company Builder To Return For Completion

As the Federal Government intensify effort to diversify the economy, the original builder of Ajaokuta Steel Company Limited, TyazhPromoExport, TPE, have promised to come back to resuscitate the multi-billion complex. This was disclosed by Principal Geologist, Orbitwaves Geosciences Limited, Solomon Jerry, while expressing confidence that the Buhari-led administration could demonstrate the political will to revamp the economy with ASCL. Jerry said: “TyazhPromoExport (TPE) is the Russian company that designed and built the Ajaokuta Steel Company Limited (ASCL) up to 98 percent as at October 1993, through an effort that engaged…

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As the Federal Government intensify effort to diversify the economy, the original builder of Ajaokuta Steel Company Limited, TyazhPromoExport, TPE, have promised to come back to resuscitate the multi-billion complex. This was disclosed by Principal Geologist, Orbitwaves Geosciences Limited, Solomon Jerry, while expressing confidence that the Buhari-led administration could demonstrate the political will to revamp the economy with ASCL. Jerry said: “TyazhPromoExport (TPE) is the Russian company that designed and built the Ajaokuta Steel Company Limited (ASCL) up to 98 percent as at October 1993, through an effort that engaged…

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PMB’s Economic Policies “Opaque, Archaic”, Says Ezekwesili

President Muhammadu Buhari’s current economic policies are similar to those he promulgated during the military regime he led in the 1980s, a former Minister of Education and social critic, Oby Ezekwesili, has said. Mrs. Ezekwesili said Mr. Buhari’s “archaic” and “opaque” economic principles are not only encouraging massive corruption and abuse of power, but also hurting the poor they were intended to help. Mrs. Ezekwesili said this at The Platform, a public policy forum that is currently underway in Abuja. “During the first coming of this our new president, a…

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2016 Budget: Finally, Presidency, NASS Reach Truce

In what could be termed as a lasting solution to the 2016 budget impasse might have been reached as, the executive arm of the federal government and the National Assembly have resolved their lingering face-off, assuring that any moment from now, President Muhammadu Buhari would assent to the document into law. The truce was brokered between the two arms of government at a meeting between President Muhammadu Buhari, Vice President Yemi Osinbajo and the leadership of the national assembly led by the senate president, Dr. Bukola Saraki held at the…

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NSE Market Capitalisation Rebounds By N20bn

The market capitalisation of the Nigerian Stock Exchange, NSE, on Tuesday increased by N20 billion due to moderate gains posted by some blue chips. The News Agency of Nigeria (NAN) reports that the market capitalisation, which opened at N8.518 trillion, inched N20 billion or 0.23 per cent to close at N8.538 trillion. Similarly, the All-Share Index rose by 58.76 points or 0.24 per cent to close at 24,823.86 compared with 24,765.10 achieved on Monday. NAN reports that the upturn was mostly boosted by capital appreciation recorded by FBN Holdings, Zenith…

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Investing In Human Capital Development In Africa: A Contribution from Yola, Nigeria, By Atiku Abubakar

As Africa struggles to live up to the expectation as the next big investment frontier, it is appropriate to focus on what will be the key driver of Africa’s advancement – its human resources. In this panel we have been asked to speak about how we are to use philanthropy to identify, motivate, train, and reward people in such a way as to promote development in Africa. Development, a contended term, means to me the efforts to increase the productive capacity of a society, improve the people’s wellbeing, and expand…

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Ugwuanyi Weeps As Herdsmen Wreck Havoc On Enugu Community, Declares 2 Days Fasting

Tears flowed uncontrollably on Tuesday as Governor Ifeanyi Ugwuanyi of Enugu State visited Ukpabi, Nimbo, in Uzo-Uwani local government area of the state. The community came under attack Monday morning, leading to the reported death of 21 persons. Ugwuanyi, who could not hold back tears, was in the company of Enugu State Commissioner of Police, Mr. Nwodibo Ekechukwu the GOC 82 Division, Nigerian Army, Major General Ibrahim Attahiru, as well as the Enugu State Commandant, Nigeria Security and Civil Defence Corps, NSCDC. The governor, thereafter, declared two days fasting and…

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IG Orders Arrest Of Buyers Or Sellers Of Fuel In Jerry Cans

The inspector-general of police, Solomon Arase on Tuesday ordered the arrest and prosecution of sellers or buyers of petrol in jerry cans. Arase, who gave the order to all zonal assistant inspectors-general of police, FCT and state command commissioners of police, states clearly that anybody found selling petrol and other petroleum products in plastic containers should be arrested. The order which was given in a statement issued by acting commissioner of police and force public relations officer, Olabisi Kolawole, in Abuja, said apart from the hardship the act was causing to fuel buyers, it…

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Metuh Falls, Rushed To Hospital

The national publicity secretary ofthe Peoples Democratic Party (PDP) Chief Olisa Metuh, on Tuesday slipped from his seat when members of the National Working Committee (NWC) of the party were about to begin a meeting. The incident happened at the party’s national secretariat in Abuja. Metuh was about taking his seat inside the NWC hall, where the party’s national chairman, Sen. Ali Modu Sherffi was about inaugurating the members of the caretaker committee for Borno and Yobe States. Punch reported that members of the NWC who were seated inside the hall were…

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