Breaking News in Nigeria Today Wednesday 11th December 2019
Here are some of the Breaking News in Nigeria Today Wednesday 11th December 2019 on some of the nation newspapers .
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Ebonyi demotes 3 Principals, withholds 10 teachers’ salaries
Ebonyi State Government yesterday demoted three senior Secondary School Principals for alleged dereliction of duties. This is even as 10 teachers in the state would lose their December salaries for same offence. Chairman of the State Secondary Education Board (SEB), Dr. Uchechukwu Ezenyim disclosed this in Abakaliki. She said the punishment for the affected workers
$41.9bn oil theft: Obaseki calls for special courts, judges
W orried over the increasing rate of oil theft in the country, the Governor of Edo State, Godwin Obaseki, yesterday called for the establishment of ‘Special Courts’ and training of judges to prosecute and convict perpetrators of crude oil theft in the country. Obaseki, who chaired a committee set up by the National Economic
DisCos increase revenue collection by N43bn in one year
T he Electricity Distribution Companies (DisCos) say their revenue has increased by N43 billion in the last one year. Mr. Sunday Oduntan, Director, Research and Advocacy, Association of Nigerian Electricity Distributors (ANED) disclosed this in a statement in Abuja yesterday. Oduntan said that the increase has reduced their Aggregate Technical, Commercial and Collection (ATC&C)
Ganduje: We’ll continue to pursue economic development
K ano State Governor, Dr. Abdullahi Umar Ganduje, yesterday said his administration would continue to pursue economic development policy aimed at serving the people in the state. The governor gave the assurance at the Kano/Zamfara Special Day at the 40th International Trade Fair held at Kano Trade Fair Complex in the city. Ganduje
Sowore: EU demands due process, rights enforcement
T he European Union (EU) Delegation in Nigeria has asked the Federal Government to ensure it follows the due process of the law in handling the vexed issue of the detained activist and publisher of Sahara Reporters, Omoyole Sowore, as well as other detainees in Nigeria. On its part, the House of Representatives has
Senate investigates CBN, banks over N20trn unremitted stamp duties
T he Senate, yesterday, directed its Committee on Finance to investigate the alleged non-remittance of over N20 trillion into the Federation Account by the Central Bank of Nigeria (CBN). The whopping sum of money was an amount allegedly collected as stamp duties from banks and other financial institutions in the country by the apex
Nigeria needs $22.7bn loan to fix infrastructure – FG
I n order to bridge the infrastructural deficit in the country, the Federal Government has declared that it will require borrowing at least $22.7 billion. The Minister of Finance, Budget and National Planning, Hajia Zainab Ahmed; her Works and Housing counterpart, Mr. Babatunde Fashola, that of state for transport, Senator Gbemisola Saraki, as well
CBN mulls hike in LDR to 70% by 2020
…expects 2.38% GDP growth by Q4 A s the December 31, 2019 deadline set by the Central Bank of Nigeria (CBN) for Deposit Money Banks (DMBs) in the country to attain its 65% Loan-to-Deposit Ratio (LDR) target draws closer, the apex bank has said that it is thinking of increasing the target for lenders to
Oshiomhole, Wike throw jibes at book launch
E choes of political leadership in Nigeria reverberated yesterday at the presentation of a book by former Managing Director of the Sun Newspaper, Mr. Eric Osagie. The occasion, which had in attendance, the Rivers State governor, Nyesom Wike, as well as the National Chairman of the ruling All Progressives Congress (APC), Adams Oshiomhole and
Army: Law-abiding Nigerians’ve nothing to fear
…says operations meant for criminals, miscreants G eneral Officer Commanding (GOC), 81 Division of the Nigerian Army, Major-General Olu Irefin, has stated that law-abiding citizens in the country have nothing to fear about Exercise Crocodile Smile IV. Irefin, who reassured Nigerians about the ongoing military operation, declared that only criminals, miscreants and
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