Buhari Describes Killing of Ondo Church Worshippers as Heinous

By Adedapo Adesanya The Chairman of the House of Representatives Committee on National Planning and Economic Affairs, Mr Isiaka Ibrahim, has said the National Bureau of Statistics (NBS) must be insulated from political interference to perform more effectively. Mr Ibrahim said this at a Public Lecture to mark the 2023 African Statistics Day celebration in Abuja on Wednesday themed Modernising Data Ecosystems to Accelerate the Implementation of the AfCFTA: The Role of Official Statistics and Big Data in the Economic Transformation and Sustainable Development of Africa. He said the reliability of data from the stats office would be questioned if

By Modupe Gbadeyanka The Programme Coordinator for Media and Policy at the Social and Economic Justice Advocacy (SEJA), Mr Jerome-Mario Utomi, has challenged the Lagos State government to lead the movement against environmental injustice. Mr Utomi, while speaking on Tuesday as a panellist at the Institute for Housing and Urban Development Studies (IHS), Erasmus University, Rotterdam, the Netherlands, also advised the government to stop being the coach and captain during environmental conversations. At the panel discussion themed “The role of multi-stakeholder engagement in achieving environmental justice, he noted engagement and collaboration have been overused by those in the position of

By Adedapo Adesanya The management of Ikeja Electric Distribution Company (IKEDC) has cautioned customers not to load the energy tokens purchased during a recent upgrade glitch which left customers unable to buy and load much-needed electricity tokens on their prepaid meters. In a statement on Friday, the distribution company said, “We apologise for the inconvenience experienced when loading your energy token during the TID rollover upgrade. The issue has been resolved and we thank you for your patience and understanding.” The issue commenced when the company instructed customers to link their respective prepaid meters to the National Identification Number (NIN)

By Adedapo Adesanya Nigeria will develop a new integrated national electricity policy and strategic implementation plan, as mandated by the Electricity Act 2023, according to the Minister of Power, Mr Adebayo Adelabu. President Bola Tinubu had on June 9 assented to the Electricity Bill, now an Act empowering states, companies and individuals to generate, transmit and distribute electricity. This, in turn, repealed the Electric Power Sector Reform Act (EPSR A), 2005 and create a comprehensive legal and institutional framework to guide the Nigerian Electricity Supply Industry (NESI). Mr Adelabu, while speaking on Monday at the Nigeria Electricity Management Services Agency

By Modupe Gbadeyanka The immediate past Governor of Ogun State, Mr Ibikunle Amosun, has been invited to the 2020 edition of the yearly conference of the Chartered Institute of Stockbrokers (CIS). The event is slated for November 4 and 5 and is themed Navigating through the Storms: Reenergising the Economy through the Capital Market. According to the stockbrokers’ body, Mr Amosun, who is currently a Senator at the National Assembly and doubles as the Chairman, Senate Committee on Capital Market, will attend the programme as a special guest as well as the Director-General of the Securities and Exchange Commission (SEC),

By Adedapo Adesanya The fund programme of the Organisation of the Petroleum Exporting Countries for International Development (the OPEC Fund) and the West African Development Bank (BOAD) have signed a framework agreement to further strengthen their development cooperation in the member countries of the Western African Economic and Monetary Union (WAEMU). These will involve the eight nations of Benin, Burkina Faso, Côte-d’Ivoire, Guinea-Bissau, Mali, Niger, Senegal and Togo. The agreement focuses on increased engagement and knowledge-sharing between the two institutions and ensures enhanced cooperation in co-financing public and private sector projects, as well as supporting international trade and regional integration.

By Adedapo Adesanya Sterling Bank Plc recorded a decline in its net profit as established by its half year financial statements for the period ended June 30, 2019, Business Post is reporting. From the brief analysis, the lender declared a profit before tax of N6.0 billion in H1 2019, lower than the N6.4 billion announced in the same period of last year, representing a decline of 6.25 percent. Likewise, the profit after tax announced by the board in the results stood at N5.7 billion in the first six months of this year compared with the N6.2 billion made in the

By Aduragbemi Omiyale A group known as Justice for Tunde Thomas has launched a campaign to compel the Central Bank of Nigeria (CBN) to sack the Managing Director/Chief Executive Officer of First City Monument Bank (FCMB) Limited, Mr Adam Nuru. Already, the group has filed a petition on the popular Change.org platform and is calling for signatures to make this a reality. They want the bank executive to be dismissed from the position by the banking sector watchdog on ethical grounds. They alleged that Mr Nuru was responsible for the death of a young man, one Tunde Thomas, who reportedly

By Modupe Gbadeyanka Publishers of books living in Canada, who have waited for the birth of a revenue-sharing platform, Kobo Plus, in the North American nation, now have something to cheer about. The founder of the company, Rakuten Kobo, has decided to expand to the country with the launch of Kobo Canada. Canada is Kobo’s strongest performing territory, where it has the most reach. So, opening up Kobo Plus Canada provides a huge opportunity for authors. Recall that in 2017, Rakuten Kobo rolled out Kobo Plus, a revenue-sharing model for authors distributing ebooks, to the Netherlands and Belgium. Kobo Plus

By Adedapo Adesanya The Idiroko Unit Command of Federal Road Safety Corps (FRSC) in Ogun has cautioned motorists against drunk driving and reckless driving to avert mishaps during Easter celebration. The warning came from Mr Akinwunmi Olaluwoye, the Idiroko Unit Commander of FRSC on Tuesday in Ota, Ogun. The Christian Easter holidays will cover Good Friday from April 2 through Easter Monday on April 5, 2021. Mr Olaluwoye said the warning had become necessary as drunk and reckless driving had contributed to some of the road crashes that have claimed many lives in the state. The unit Commander admonished motorists

By Perpetua Egesimba    Following the rejections of about 67 processed and semi-processed food products exported to the European Union markets and other parts of the world between 2015 and 2016, the Federal Government, has presented a designed Methodologies and Conduits of Excellence/Standard Operating Procedure (SOP) Handbooks for stakeholders in the industry. The handbooks were launched in Lagos during a stakeholders meeting with the Minister of Agriculture and Rural Development, Mr Audu Ogbe on the theme, “Zero Reject of Nigeria’s Agricultural Exports as a Catalyst for Economic Diversification”. The interactive session was meant to address issues concerning exportation of agricultural products

By Modupe Gbadeyanka The developer and planner of the famous Eko Atlantic City in Lagos State, South Energyx Nigeria Limited, has said the city would be environmentally friendly. According to him, this would be achieved by planting more than 200,000 trees of different varieties and sizes across the city, while the area would boast of energy-efficient building materials where possible as well as well-planned roads and infrastructure. “Alongside our commitment to planting trees, developers in the city are currently looking to implement solar power for their buildings which will increase the use of renewable energy in the city. “We are