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Articles by Damilare Sunday
NCC convenes stakeholder forum on December 5G auction
The proposed auction of two lots in the 3.5GHz Spectrum for the deployment of 5G services, set to take place in December 2022, is gathering steam and the Nigerian Communications Commission, NCC, has concluded arrangements to host an engagement session with stakeholders to discuss and provide more insight into the Draft Information Memorandum that will guide the process.
FG to increase TCN wheeling capacity by 1000 Megawatts
The Minister of Power, Mr Abubakar Aliyu, has said that the federal government plans to increase the Transmission Company of Nigeria, TCN, wheeling capacity by over 1000 Megawatts to boost electricity supply. Aliyu said this while inspecting the “Abuja Ring Project” being executed by TCN on Friday in Abuja. He said that the projects which were six in number were made up of lines and substations, adding that when completed it would increase TCN’s willing capacity with over 1000 Megawatts, MW.
FG wrong on half salary payment to ASUU--Senator Ndume
*Seeks 50% reduction in lawmakers’ salaries to meet ASUU’s demands *Says FG officials negotiating with with ASUU have no children in public varsities Senator Ali Ndume (APC-Borno South) has described the decision by the Federal Government to pay half salary to members of the academic Staff Union of Universities (ASUU) as illogical, wicked and uncalled for.
Nigeria’s GDP improves by 3.11% in Q1 2022- NBS
The National Bureau of Statistics, NBS, says Nigeria’s real Gross Domestic Product, GDP, at basic prices grew by 3.11 per cent in quarter one of 2022 on a year-on-year basis. The NBS said this showed a higher growth rate compared to the corresponding period of 2021. This is according to the Nigerian Gross Domestic Product Report (Expenditure and Income Approach) for Q1 and Q2 of 2022 released by the NBS in Abuja on Thursday.
We will soon arraign suspects arrested over security alert in Abuja--IGP
The Inspector-General of Police (IGP), Usman Baba, on Thursday disclosed that some arrests have been made in connection to the security threats in the Federal Capital Territory and its environs. The Police boss who made the disclosure said the suspects would soon be arraigned before the courts to face justice.
Naira depreciates slightly, exchanges at 446.10 to dollar
The Naira on Thursday exchanged at 446.10 to the dollar at the Investors and Exporters window, a depreciation of 0.10 per cent, compared with the 445.67 it exchanged on Wednesday. The open indicative rate closed at N444.42 to the dollar on Thursday. An exchange rate of N447 to the dollar was the highest rate recorded within the day’s trading before it settled at N446.10. The naira sold for as low as 415 to the dollar within the day’s trading.
The ‘Buhari’ at JAMB, By Femi Adesina
Whenever I see a paragon, champion of transparency and accountability, I remember Muhammadu Buhari, retired military officer and gentleman, President of the Federal Republic of Nigeria, and Commander-in-Chief of the Armed Forces. Whenever I hear that a man has shunned greed, avarice, rapacity, I remember Buhari. Whenever I see anyone pay scant attention to the ephemeral things of this life, I remember Buhari. Whenever I see disdain for filthy lucre, cupidity, Muhammadu Buhari comes to mind.
Hoodlums set Ogun INEC office on fire
The Independent National Electoral Commission (INEC) office in Abeokuta South local government area of Ogun, located at Iyana Mortuary area of the state capital was gutted by fire in the early hours of Thursday. The News Agency of Nigeria (NAN) gathered that the facility was allegedly set on fire by suspected hoodlums who scaled the perimeter fencing into the commission’s premises.
Attacks on Facilities: INEC summons emergency security meeting
The Independent National Electoral Commission, INEC, has summoned an emergency security meeting for Friday over fresh attacks on its facilities in Ogun and Osun states. The commission announced this in a statement issued by its National Commissioner and Chairman, Information and Voter Education Committee, Mr Festus Okoye, in Abuja on Thursday. Okoye said that the emergency meeting of the Inter-Agency Consultative Committee on Election Security, ICCES, would discuss the disturbing trend.
Thou shall (Not) sleep on duty, by Olusegun Adeniyi
On Tuesday, the Mail of London reported that ‘Tik Tok stars who mocked a government official in Nigeria have been sentenced to be whipped 20 times under Sharia law.’ In the video that sparked the official outrage, according to the report, the duo of Mubarak Isa Muhammed and Muhammed Bula “mocked Mr Ganduje for alleged land grabbing, corruption and sleeping on the job.
Police reassure of safety on Lagos-Ibadan Expressway
The Police Command in Ogun State has reassured motorists that it will not leave any stone unturned to ensure their safety on Lagos-Ibadan Expressway. The command’s spokesman, SP Abimbola Oyeyemi, gave the assurance in an interview with the News Agency of Nigeria, NAN, on Thursday in Ota, Ogun. Oyeyemi spoke while reacting to a kidnap attempt by suspected kidnappers on Wednesday on the Lagos-Ibadan Expressway.
My life is under threat --NNPC GMD
The Group Managing Director (GMD) of the Nigeria National Petroleum Company (NNPC Ltd), Mr Mele Kyari, has said that he is receiving death threats as a result of the ongoing reforms in the NNPC. Kyari made this known on Wednesday in Abuja at the Legislative Transparency and Accountability summit organised by the House of Representatives Committee on Anti-Corruption.
Naira rebounds as new currency notes introduction draws closer
The Association of Bureaux Des Change Operators of Nigeria, ABCON, says Naira has continued to firm against the Dollar at the parallel market as date for CBN new currency introduction draws closer. Alhaji Aminu Gwadabe, President, ABCON, said this in an interview with the News Agency of Nigeria, NAN, on Wednesday in Lagos.
FRSC, ATAN laud introduction of FindTech App
The Federal Road Safety Corps, FRSC, and the Automobile Technicians Association of Nigeria, ATAN, have lauded the introduction of FindTech App, which would link vehicle owners to reliable and verified auto-mechanics services, describing it as a real time solution to automobiles faults which cause crashes around the country.
Digital connectivity enhances quality of life
The Executive Vice Chairman, EVC, of the Nigerian Communications Commission, NCC, Prof. Umar Danbatta, has said in Lagos that the quality of life is now being measured in terms of digital connectivity that promotes businesses, social and economic wellbeing of the citizens.
Buhari congratulates FBN on 40yrs of cross-border banking in UK
President Muhammadu Buhari has congratulated the board, management, and staff of First Bank of Nigeria Limited (FirstBank) for cross-border services through FBNBank UK in the United Kingdom for 40 years, sharing almost 130 years of banking experience. In a statement signed by the Special Adviser to the President on Media and Publicity, Mr. Femi Adesina, Buhari noted the competence and professionalism that had become the hallmark of the bank for many years.
Alleged Drug Offences: NDLEA gets 'strange' 7-day ultimatum to arrest Tinubu
A Civil Rights Group, Center for Reform and Public Advocacy, has served a 7-day ultimatum on the National Drug Law Enforcement Agency, NDLEA to arrest and prosecute the Presidential candidate of the All Progressive Congress APC, Bola Ahmed Tinubu over alleged hard drug and money laundering related offences. The letter requesting for arrest and prosecution of Tinubu signed by the Legal Adviser to the group, Mr Kalu Agu was served and received by NDLEA on Tuesday, November 8, 2022.
Ararume hires 6 SANs to fight FG over alleged unlawful removal as NNPC Chairman
Senator Ifeanyi Godwin Ararume has hired six top-flight lawyers to institute a N100b lawsuit against the Federal Government for removing him as non Executive Chairman of the newly Incorporated Nigeria National Petroleum Company, (NNPC). Ararume is claiming the huge sum as damages for the alleged unlawful and unconstitutional ways and manners he was removed after using his name to incorporate the entity.
NYSC: Why orientation course for corps members is important -DG
The Director General of the National Youth Service Corps, Brigadier General Muhammad Kaku Fadah, has declared that the essence of the three weeks orientation course is to prepare the corps members for future challenges. General Fadah made this declaration in a speech read on his behalf during the swearing-in ceremony monitored at the NYSC Permanent Orientation Camp, Ikare-Akoko in Ondo State. Represented by the NYSC State Coordinator in Ondo State, Mrs.
Marketers to FG: Fuel can't sell below N200 per litre
The National Operations Controller of the Independent Petroleum Marketers Association of Nigeria (IPMAN), Mike Osatuyi, said the only realistic pump price of petrol is between N200 and N210 per litre. Osatuyi said the Federal Government’s pricing template that fixed pump price at N169 per litre of petrol is grossly unrealistic when landing cost of the fuel at the station is N194 per litre. He said this in an interview with NAN in Lagos on Tuesday.
Inlaks director emerges Salesman of the Year
The organisers of the Nigerian Fintech Awards announced that Tope Dare has emerged as the Fintech Salesman of the year 2022 at their dinner in Lagos on Friday. Fintech Salesman of the Year gong goes to an outstanding marketing professional that has influenced the industry in many ways. Sales are one of the most important functions in the fintech industry.
NCC warns users against 'Mobile Apps Group' over trojan, malware
Following the constant introduction of malicious apps into Google Play Store, the Nigerian Communications Commission’s Computer Security Incident Response Team (NCC-CSIRT) has advised against the installation of apps from the offending publisher, the ‘Mobile Apps Group’, whose products were discovered to contain Trojans and adware that are harmful to users and their privacy.
Polaris Bank’s VULTe wins double as Nigeria's best digital bank
Polaris Bank shone brightest over the weekend as its bespoke home-grown digital bank, VULTe capped its string of wins with two more prestigious awards as the Best Digital Bank at both BusinessDAY’s Banks And Other Financial Institutions (BAFI) Awards and The Nigerian Fintech Awards 2022 respectively.
Prudential Africa leads with highest number of MDRT qualifiers
Prudential Africa has announced that 222 of its sales representatives across seven of its markets in Africa have qualified for the Million Dollar Round Table, MDRT, in the first half of 2022. This is in comparison to 39 qualifiers from the same period last year, up 469 per cent. This makes Prudential the company with the highest number of MDRT members in Africa, with the largest number of qualifiers coming from Nigeria.
Bank customers kick against “illegal” withdrawals, demand urgent action
Some customers of various banks in the country have lamented the increasing spate of ‘illegal’ withdrawals from their accounts. Some of the customers who were victims of the act said this in an interview with the News Agency of Nigeria in Abuja on Monday. They described the act as fraudulent which the authorities must urgently address. They also alleged that most illegal deductions in banks were being done in connivance with bank staff.
MTN, Airtel, others appointed by FIRS to withhold VAT charged to them
MTN, Airtel, as well as money deposit banks in Nigeria have been appointed by the Federal Inland Revenue Service, FIRS, to withhold Value Added Tax, VAT, charged on all taxable supplies made to them, and remit to the Service. This is contained in a Public Notice the FIRS issued on the November 7, signed by its Executive Chairman, Muhammad Nami, where it explained the role of the companies as well as the obligations of their suppliers with regards to the withholding of Value Added Tax.
How media earned the respect of NCC -Danbatta
The media has earned the respect of the Nigerian Communications Commission, NCC, because it remains an indispensable partner in information dissemination to the diverse stakeholders of the telecom industry. The executive vice chairman of NCC, Prof. Umar Danbatta, made this assertion on Monday while hosting the management of Media Trust Group, led by its Chief Executive Officer, Alhaji Mounir Haliru Gwarzo.
SERAP gives FG 7-day ultimatum to pay varsity lecturers full October salaries
The Socio-Economic Rights and Accountability Project (SERAP) has given the Federal Government 7-day ultimatum to pay varsity lecturers full salaries for the month of October 2022. The Federal Government recently allegedly paid half-salaries to members of ASUU for the month of October, 2022. Some professors reportedly received salaries ranging from N71,000 to N121,000 for October.
Why no work, no pay doctrine is not applicable to ASUU, by Femi Falana, SAN
In justifying the payment of half salary to members of the Academic Staff Union of Universities (ASUU) for the month of October 2022, the Minister of Labour and Employment, Dr. Chris Ngige has invoked the “no-work-no- pay” clause in section 43 of the Trade Disputes Act (Cap T8) Laws of the Federation of Nigeria, 2004.
Owolabi: Murdered in Nigeria, Buried in America, by Abiodun Komolafe
One of the greatest shortcomings of Nigeria’s existence is that she has never evolved into a nation. The amalgamation of territories, imposition of the colonial masters, the unfortunate intervention of the military and its attendant maladministration of the civil-society, and the corruption-infested politicians have not actually given the country that opportunity to realize her potentials.
NCC moves to accelerate broadband infrastructure deployment
In a bid to give verve to expansion of broadband services in the country, the Nigerian Communications Commission (NCC) has inaugurated an industry-wide committee to facilitate the deployment of broadband infrastructure under a project named, National Communications Backbone (NCB).
ThisDay Correspondent, Ebere Nwoji wins NAICOM’s maiden award of excellence
The National Insurance Commission (NAICOM) has conferred on ThisDay Newspapers’ Correspondent, Mrs Ebere Nwoji, its maiden Award of Excellence in insurance sector analysis and features writing in Nigeria.
Nigerian Fintech Awards reward NIBSS, Elegbe, Agboola
In celebration of their contributions to the growth and development of the Nigerian Fintech industry, the organisers of the Nigerian Fintech Awards in Lagos singled out four institutions and nine individuals for special recognition. Some of these are founders of fincumbents, fintech companies that have been existing for over three decades while others are a few new unicorns, startups valued at $1 billion and above.
Tax dialogues crucial for strengthening tax administration -Nami
Tax dialogues, which provide a platform for exchange of diverse ideas on taxation have been described as a tool for engendering tax compliance through collective ownership of the tax system, as well as a means to strengthening tax systems.
FirstBank sponsors fifth Chukker African Patrons Cup
Kaduna is agog with excitement as preparation for this year’s First Bank of Nigeria Limited sponsored Emir of Zazzau African Patrons Cup and Breast Cancer Awareness Campaign gathers momentum. The African Patrons cup is an annual polo tournament which features Low, Medium and High goal teams from all around the world. The 2022 grand edition will be holding between November 1st – 6th, at the highbrow Fifth Chukker Polo Resort in Kaduna.
Our stand on payment of 'half salary' to ASUU in October--FG
The Federal Government has denied the accusation that it paid members of the Academic Staff Union of Universities, ASUU, half salaries in October. Mr Olajide Oshundun, Head of Press and Public Relations, Federal Ministry of Labour and Employment, said this in a statement he signed on Saturday in Abuja. Oshundun said the ministry was reacting to reports on alleged selective treatment and half salary payment to ASUU members.
NDE trains 1,850 on small stock goat farming
The National Directorate of Employment, NDE, has trained 1,850 unemployed persons on Small Stock (Goat) Production nationwide. The training which was carried out in the 36 states of the federation and the Federal Capital Territory, FCT, Abuja was executed in two phases. The empowerment exercise was carried out by the Directorate under the Rural Employment Promotion, REP, Programme.
Govt will prioritise MSMEs development -Sanwo-Olu
President Muhammadu Buhari and Lagos State Governor, Mr Babajide Sanwo-Olu, on Friday reiterated that federal and state governments would continue to provide an enabling environment for businesses to thrive in the country. They made the statement at the opening ceremony of the 36th edition of the Lagos International Trade Fair, with the theme: “Connecting Businesses, Creating Value” held at the Tafawa Balewa Square (TBS), Lagos.
NCC-CSIRT warns users of Cisco products over vulnerability
The Nigerian Communications Commission’s Computer Security Incident Response Team, NCC-CSIRT, has issued an advisory for users to frequently review alerts for Cisco products to assess their exposure and find a comprehensive update solution.
Naira gains slightly, exchanges at 445.50 to dollar
The naira on Friday exchanged at 445.50 to the dollar at the Investors and Exporters window, an appreciation of 0.06 per cent, compared with 445.75 to the dollar it exchanged on Thursday. The open indicative rate closed at N442.88 to the dollar during the session. READ ALSO: Naira redesign followed due process –CBN An exchange rate of N447 to the dollar was the highest rate recorded within the day’s trading before it settled at N445.50.
In Yorubaland, a king is not buried alive, by Dare Babarinsa
Afenifere is in the news again for its own sake. What has triggered the latest soul-searching for the pan-Yoruba political and cultural organisation was the public visit of Asiwaju Bola Ahmed Tinubu, the presidential candidate of the ruling All Progressives Congress (APC), to the Akure, Ondo State, country home of Chief Reuben Fasoranti, the leader of Afenifere.
INEC chairman swears in 19 new RECs
The Chairman, Independent National Electoral Commission (INEC), Prof. Mahmood Yakubu on Thursday swore-in 19 new Resident Electoral Commissioners (RECs), charging them to ensure strict compliance with the law. Speaking at the ceremony, Yakubu said that they must ensure transparency and non-partisanship in their conduct. “Furthermore, you will also interact with various stakeholders. You should maintain the established practice of consultation with them.
US Visa Processing: Firm writes Atiku, demands 2018 $5.9m debt
An Abuja-based firm, Legacy Logistics, LLC has accused the 2023 presidential candidate of the Peoples Democratic Party, Atiku Abubakar of non-payment of $5.9 million used to procure a US visa for him in the run-up to the 2019 general elections. According to the company in a letter to the former Vice President, he failed to honour his part of an agreement they had regarding the service rendered to him since 2018.
FG arraigns top officials of Solpia company for obstructing FIRS
The Federal Government has arraigned Solpia Nigeria Limited and four of its top officials before a Federal High Court in Lagos for allegedly obstructing officials of the Federal Inland Revenue Service, FIRS, from performing their duties. The affected officials are Akeem Idowu, Chikwendu Emeka, Son Chun Gil and Jung Wookshin.
Stroke can strike anyone, no longer disease of elderly -Stroke Action
The Stroke Action, an NGO, says there is need for raised awareness on the signs and symptoms of strokes as well as timely access to quality stroke treatment. According to it, this has become necessary as stroke is no longer a disease of the elderly as it can happen to anyone, anywhere, and anytime. Rita Melifonwu, a Nurse Practitioner and Chief Executive of Stroke Action, made the call in commemoration of World Stroke Day.
First draw of Polaris Save and Win promo holds Friday
The first draw of the ongoing Polaris Save & Win promo is scheduled to hold on November 4, 2022. The draw which will be conducted electronically, holds at the bank’s Victoria Island, Lagos headquarters, and will be broadcast live on all the bank’s social media channels where winners that emerge will be contacted and rewarded instantly.
eNaira records 700,000 transactions valued at N8bn -Emefiele
The Governor of the Central Bank of Nigeria, CBN, Mr Godwin Emefiele says eNaira has recorded 700,000 transactions valued at N8 billion, since its inauguration on October 25, 2021. Emefiele said this on Wednesday in Abuja at the 28th edition of the apex bank’s annual In-house Executive Seminar with the theme, “Digitalisation of Money and Monetary Policy in Nigeria”. He was represented by Aisha Ahmad, Deputy Governor, Financial System Stability, CBN.
Court sets up Task Force for disposal of pre-election suits on 2023 elections
The Federal High Court of Nigeria has constituted a special task force of Judges to swiftly hear and determine all pre-election cases before it. A circular letter issued by the Chief Judge of the Court, the Hon. Justice John Terhemba Tsoho and released on Wednesday in Abuja, said that the task force became necessary to designate a team of Judges following the large volume of pre-election suits that have flooded the court.
2023: MRA tasks FG, states on protection, safety of journalists
The Media Rights Agenda, MRA, has called on federal and state governments to ensure safety and protection of journalists and media houses during the forthcoming 2023 general elections and beyond. MRA Director Programmes, Mr Ayode Longe, made the call in Lagos at a news conference to commemorate International Day to end impunity for crimes against journalists. The event was also to mark 10-year anniversary of the UN Plan of Action on the safety of journalists and the issue of impunity.
NSCDC CG Commander’s wife kidnapped in Nasarawa
The wife to the Commander of the Commandant General’s Special intelligence Squad, Deputy Commandant Apollos Dandaura, was Kidnapped on Wednesday evening. The kidnappers, in the process, shot Dandaura’s younger brother in Lafia, the capital of Nasarawa State. Vanguard reports that the younger brother of the Deputy Commandant, Apollos Dandaura, is receiving and responding to treatment at a private Hospital in Lafia.
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