The New Nigeria Peoples Party has instructed six suspended state executives to appear before the National Disciplinary Committee. On September 6, the NNPP’s National Working Committee announced the dissolution of the executive committees for five state chapters of the party. This decision affects the states of Taraba, Gombe, Benue, Oyo, and Bauchi. In a statement issued by the NNPP National Publicity Secretary, Ladipo Johnson, following their emergency NWC meeting on Tuesday night, the party explained that the decision was made to reposition the party, among other reasons. The statement read in part, “Further to the recent dissolution of state executives…
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Holders Real Madrid kicked off the defence of their Champions League crown on Tuesday with a battling 3-1 win at home to Stuttgart in their first game of an expanded tournament. Kylian Mbappe put Madrid ahead straight after half-time but Stuttgart equalised through Deniz Undav’s header before late goals from Antonio Rudiger and Endrick sealed victory for the Spanish giants. AFP All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from PUNCH. Contact: [email protected] Source link
17th September 2024 Minister of the Federal Capital Territory, Nyesom Wike The Minister of the Federal Capital Territory, Nyesom Wike, met with Senator Adolphus Wabara-led Board of Trustees of the Peoples Democratic Party PDP on Tuesday night. In August, the BoT had written to Wike, seeking a meeting to resolve the lingering crisis in the party, especially in Rivers state, days after meeting with the Rivers State Governor, Siminalayi Fubara. However, journalists were barred from the meeting, which is ongoing as of the time of filing the report. More to come… Olugbenga Ige Olugbenga is a fine-grained journalist with over nine…
The President and Chairman of Council, Association of National Accountants of Nigeria, Dr. James Neminebor, has labelled corruption, mismanagement and lack of accountability as one of the many reasons hindering national growth and development. He made the disclosure while making his opening remark at the 29th Annual National Conference of ANAN held on Tuesday in Abuja. Speaking on the theme ” Advancing Accounting Excellence in a changing world,” the president stressed that in the changing world with increasing disruptive economic challenges and technological innovations, financial transparency and governance have become increasingly imperative to advance the global economy. He said, “As…
Vice President Kashim Shettima said the Nigerian capital market plays a crucial role in realising the Federal Government’s target of making Nigeria a trillion-dollar economy. Shettima stated this on Tuesday when he received in audience executive members of the Association of Capital Market Academics of Nigeria led by their President, Prof. Uche Uwaleke, on a courtesy visit to him at the State House, Abuja. The Senior Special Assistant to the Vice President on Media and Communication, Mr Stanley Nkwocha, revealed this in a statement he signed Tuesday titled, ‘Capital market crucial to Nigeria’s trillion-dollar economy target – VP Shettima.’ “We are…
Nigerian Breweries Plc says it is raising N599.1 billion through rights issue on the Nigerian Exchange Ltd. to eliminate overdue Foreign Exchange payable and reduce local debts. The News Agency of Nigeria reports that Nigerian Breweries had faced a challenging financial period, posting a loss after tax of N85.3 billion in the first half of 2024. The company attributed the loss mainly to rising inflation, FX costs, operating expenses and broader economic headwinds. For the rights issue, the company is offering 22.607 billion ordinary shares at 50k each, priced at N26.50 per share, which opened Sept. 2 and would close…
The Nigerian National Petroleum Company Limited has kicked off the $550 million upstream gas project signed with TotalEnergies on the development of the Ubeta field. The Special Adviser to the President Bola Tinubu on Energy, Olu Verheijen, disclosed this during an inaugural United States-Nigeria Strategic Energy Dialogue, hosted by the US State Department in Washington. A statement by the NNPCL Corporate Communications Officer, Olufemi Soneye, on Tuesday, said the signing ceremony marks the completion of the Final Investment Decision on the Ubeta Field Development Project in June 2024. The Ubeta field, discovered in 1964, is located northwest of Port Harcourt,…
The Deputy National Treasurer of the All Progressives Congress, Omorode Osifo, has stated that the party’s candidate in Saturday’s Edo State governorship election, Senator Monday Okpebholo, is a more compassionate and competent candidate for the office of Governor than the PDP alternative. Osifo made this statement on Tuesday during the APC Educational Grants and Women Empowerment Day programme held in Benin, Edo State capital. Osifo, who praised the former governor of the state, Senator Adams Oshiomhole, for bringing immense development to the state, noted that Okpebholo shares similar character traits with Oshiomhole and thus deserves the opportunity to govern the…
The Federal Government of Nigeria has dismissed the rumours of the imminent collapse of Goronyo Dam, calling on residents of the community not to entertain any fear. The Minister for State for water resources, Bello Goronyo, stated this on Tuesday while speaking with newsmen shortly after his visit to the Dam. Goronyo described the story of the imminent collapsed as the imagination of some mischievous people without any iota of truth whatsoever. According to him, “I was in Goronyo Dam today together with some of the officials of Sokoto-Rima River Basin, where we went to see things again. “I am…
The Minister of Budget and Economic Planning, Abubakar Bagudu, on Tuesday, said the Federal Government is making choices that may seem tough now for a better future for Nigerians. Bagudu made this statement at the High-Level Advisory Council meeting to support women and girls, organised in collaboration with the Development Research and Projects Centre in Abuja. In 2023, President Muhammadu Buhari launched the advisory council to focus on driving inclusivity and women’s economic empowerment, particularly regarding economic access, sustainable livelihoods, and education for women and girls. Speaking at the meeting, Bagudu, who commended Nigerian women for their hard work and…