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Monthly Archives: May 2017

Ekiti begins contributory pension scheme

The Ekiti State Government has kicked off its Contributory Pension Scheme with 4,938 workers. The State Head of Service, Dr. Olugbenga Faseluka, who made this known at a forum in Ado-Ekiti, said that government started the scheme with workers that were employed in the state public service from 2010 till date. He explained that the affected workers would contribute eight ... Read More »

Lagos generated more IGR than 30 States combined in 2016

Economic Intelligence Magazine, Economic Confidential,​ ​has released its Annual States Viability Index (ASVI), which shows that 14 states are insolvent as their Internally Generated Revenues (IGR) in 2016 were far below 10 per cent of their Federation Account Allocations (FAA) in the same year. The index​ proved that without the monthly disbursement from the Federation Account Allocation Committee (FAAC), many ... Read More »

NYSC: Corps members to be posted to farms – DG

The Director-General of the National Youth Service Corps, NYSC, Brig-Gen. Suleiman Kazaure, has revealed that the scheme would soon begin posting of corps members to farms. The D-G said this when he spoke to journalists during his official visit to the NYSC Permanent Orientation Camp in Sagamu, Ogun. He said that the move was in line with the agricultural development ... Read More »

I’ll name my successor in May 2018, run for Senate – Ajimobi

Governor Abiola Ajimobi of Oyo State on Monday said he would unveil his successor in May 2018, urging the people to be patient. The governor, who lives office in May 2019, also said he has identified five possible successors. Mr. Ajimobi stated this in Ibadan during an interactive session with journalists to mark the `Democracy Day’ and his administration’s sixth ... Read More »

Biafra: We’ll hold Osinbajo responsible if any Igbo man is killed – Ohanaeze

Ahead of the sit-at-home declared tomorrow, Tuesday, the Ohanaeze Ndigbo Youth Council, OYC, has vowed to hold acting President, Yemi Osinbajo, responsible should anything happen to pro-Biafra agitators. This is coming amid fears over alleged plans by security operatives to open fire on the agitators who shall be observing a sit-at-home to mark the 50th year of Biafra declaration. In ... Read More »

Why I am yet to visit my hometown – Badeh

A former Chief of Defence Staff, Air Chief Marshal Alex Badeh (retd), said on Monday he is yet to visit his hometown in Vimtim, Mubi North local government area of Adamawa State, because he has no house to stay. The ex-CDS stated this in Yola at a public forum organized by the Adamawa State Government to mark this year’s Democracy ... Read More »

FG earmarks N100bn for Family Home Fund

The Acting President, Yemi Osinbajo, says the Federal Government has earmarked N100 billion for the family home fund under its Social Investment Programme, SIP. He stated this at the “2nd year commemorative event of the federal government of Nigeria under President Muhammadu Buhari’’, showcasing the achievements of the SIP, in Abuja. At the event, also titled “A Smile For Every ... Read More »

Delta no longer theater of war – Okowa

Gov. Ifeanyi Okowa of Delta state on Monday appreciated God for the sustained peace in the state. The governor, who made this known during at his administration’s second anniversary thanksgiving and praise day, said that hostility and pipeline vandalism had ceased in the state. He thanked the people of the state for the sustained prayers, peace, support and expressed hope ... Read More »

Mixed reactions trail Osinbajo’s Democracy Day speech

A Human Rights Lawyer, Mr Onyekach Ubani, on Monday, said that the Democracy Day speech by Acting President Osinbajo was inspiring and hope rekindled. Ubani told newsmen in Lagos that the speech clearly showed that there was a sense of purpose and direction in the nation’s polity. ”But we want more actions than speeches. With all the message of hope ... Read More »

AMCON’s sinking fund rises to N913bn

Managing Director and Chief Executive at the Asset Management Corporation of Nigeria (AMCON), Mr. Ahmed Kuru, at the weekend disclosed that the Sinking Fund facility set up by the Federal Government to complement its efforts in distress resolution in the banking industry had grown to about N913billion at the end of 2016. The AMCON sinking fund was set up in ... Read More »