Month: March 2017

By Ikhili Monday EBALU, Benin City As part of his determination and strong commitment to ensure youths employment and virile economy through agriculture in the state, the Benin monarch Omo N’Oba N’Edo Uku-Akpolokpolo Oba Ewuare 11 has again made available twenty thousand hectres of arable land for immediate take off of mass production of cassava…

By Ikhili Monday EBALU, Benin City. Edo State Chapter of the Nigeria Union of Journalists (NUJ), has commended the state governor, Godwin Obaseki for looking inwards and appointing one of its members and distinguished media icon, John Mayaki as his Chief Press Secretary. Speaking in Benin city during a courtesy visit by the Edo state…

By Joseph INOKOTONG The World Bank has approved $200 million credit to support the Government of Nigeria’s response to the acute humanitarian and forced-displacement crisis triggered by the Boko Haram conflict in North East Nigeria. The project will provide multi-sectoral crisis recovery in the states of Borno, Yobe and Adamawa, including service delivery restoration and…

By Joseph INOKOTONG Minister of Finance, Mrs. Kemi Adeosun has said the Federal Government consistently complied with all extant rules and regulations in the disbursement of Paris Club refunds to State Governments. Adeosun also reaffirmed the commitment of the federal government to publish all relevant information on the Paris Club refunds. A statement issued by…

By Joseph INOKOTONG The Central Bank of Nigeria (CBN) on Monday offered a total of $180 million to meet bids for wholesale auction and requests for invisibles such as medicals, school fees and personal travel allowances valued at $80 million, through the inter-bank window. The CBN Acting Director, Corporate Communications Department, Isaac Okorafor, said the…

By Joseph INOKOTONG The Central Bank of Nigeria (CBN), has kept the main interest rate at 14 percent. This was disclosed by the CBN Governor, Godwin Emefiele on Tuesday after the Monetary Policy Meeting in Abuja. This is in line with expectations in many quarters. Emefiele told reporters the naira exchange rate with the dollar…

By Ikhili Monday EBALU, Benin City A group, under the auspices of Benin Solidarity Movement (BSM) on Monday threatened to make oil producing communities housing the Nigeria Petroleum Development Company Limited( NPDC) unsafe for operation should the company fails to employ a minimum of one thousand youths within two weeks The group also vowed to…

By Ikhili Monday EBALU, Benin City The lawmaker representing Ikpoba-Okha/Egor Federal Constituency, Hon Ehiozuwa Agbonayinma, has tasked President Mohammadu Buhari to ensure that state governors were made to account for the first batch of Paris Club refund they collected. Hon Agbonayinma said it was wrong for the state governors to collect the money without carrying…

By Steve Oni, Ilorin The Vice Chancellor of the University of Ilorin, Prof. Abdul Ganiyu Ambali, has blamed the recent fire incident that ravaged the institution’s multi-million naira teak plantation on sabotage. He equally traced the recent criticisms of his administration in certain quarters to succession struggle as his tenure as the vice chancellor will…

By Aaron Ossai A Bill for an Act to provide for the Prohibition of Facial Mutilation, Offences, Prosecution and Punishment of Offenders has passed second reading in the Senate. The Bill is also for the Protection of victims under threat of facial mutilation and other related Matters. According to Senator Dino Melaye (APC-Kogi), who sponsored…