Politics

Former Vice President and Presidential candidate of the Peoples Democratic Party, Atiku Abubakar has been exonerated from statement which implied that 30 accused persons are working for President Muhammadu Buhari, saying it was a personal opinion of the author which the media erroneously ascribed to the PDP candidate. Director General of the Atiku Presidential Campaign Organization and Deputy Chairman of …

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Support for the APC candidate in the ongoing race for the governorship of Lagos State has received a boost with an endorsement from a group named Team-30. The group is an exclusive body of businessmen and contractors committed to the survival of good governance and rapid development of the state. The acronym, TEAM-30, is descriptive of a voluntary association of …

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The Nigeria Employers’ Consultative Association (NECA) has raised the alarm over the country’s mounting debt burdens following the release of the third quarter report of the Debt Management Office (DMO) and the 2019 budget assumptions, saying the increasing debt burden could have negative implications on developmental capacity of the economy. The Director General of NECA, Mr. Timothy Olawale, said at …

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The Nigerian maritime industry may be attracting investments worth USD30 billion (about N10.8 trillion) in 2019 financial year. Peterside also said that the agency will work more with its various stakeholders to achieve more and make better progress in this New Year. He stated: “We believe that 2019 is a great year, there’s been a forecast that there is going …

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The total pension assets under the Contributory Pension Scheme rose to N8.49tn as of the end of November 2018 financial period, latest figures obtained from the National Pension Commission on Tuesday revealed. The pension commission said 72.5 per cent of the fund had been borrowed by the Federal Government and invested in the FGN securities totalling N6.16tn during the period …

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The Acting Inspector-General of Police, Mohammad Abubakar Adamu, who was decorated with his new rank by President Muhammadu Buhari on Tuesday, hails from Lafia, Nasarawa State and is a holder of Bachelor of Science in Geography. He enlisted in the Force on February 1, 1986 as Cadet Assistant Inspector and had attended several Senior Officer Courses on Law Enforcement, Crime Prevention, …

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Facebook Inc (FB.O) will invest 300 million dollars over three years in local news globally as it faces blistering criticism over its role in the erosion of the news business worldwide. “The investment in time and money is a significant expansion of a plan to help newsrooms in the U.S. and abroad create and sustain viable business models to survive,’’ …

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The Federal Road Safety Corps on Tuesday said it would soon begin the enforcement of speed limit device installation on private vehicles. The News Agency of Nigeria recalls that the FRSC introduced the use of speed limit device in 2016 to reduce the incidents of accidents and loss of lives. However, the enforcement of compliance with the installation began on February 1, …

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President Muhammadu Buhari and cabinet ministers are right now holding an emergency Federal Executive Council meeting in Abuja. The agenda of the meeting, which is taking place at the Presidential Villa, is unknown. However, security, the 2019 elections and the national minimum wage remain top issues in the country. Advertisement The FEC meeting, by tradition, holds on Wednesdays, though late …

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The presidential candidate of the Peoples Democratic Party(PDP), Atiku Abubakar, has declared that he is the only candidate who can bring about unity of all Nigerians and ensure development. Atiku made this assertion in Ado-Ekiti on Monday when he paid the Ewi of Ado, His Royal Majesty, Oba (Dr.) Rufus Adeyemo Adejigbe, a visit in continuation of his nationwide campaign …

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