NDDC Has Been A Cash Cow for Politicians – Wike
Rivers State Governor, Nyesom Wike on Tuesday said the Niger Delta Development Commission (NDDC) is a cash cow for politicians in the country.
He stated this during the commissioning of the Police Barracks, Special Protection Unit (SPU) base 6 at Omagwa in Ikwerre Local Government Area of Rivers State.
According to Governor Wike, the problem of the NDDC is not just the Niger Delta region but entire Nigeria, making reference to the promise by the Minister of Niger Delta Affairs, Godswill Akpabio, that the NDDC would change to meet the aspirations of the people of the region, Wike said it is time for the commission to work.
N20bn Bail Out Loan: Court Fixes Oct 15 For Hearing of EFCC’s Suit Against Kogi
The Federal High Court sitting in Lagos has fixed October 15, to hear all applications relating to an N20 billion bailout loan allegedly belonging to the Kogi State government, said to be warehoused by Sterling Bank Plc.
Justice Chukwujekwu Aneke fixed the date on Tuesday following an application made by counsel to the Kogi State Government, Professor Sam Erugo (SAN), who told the court that he needed time to study the counter affidavit filed by the Economic and Financial Crimes Commission (EFCC) to the processes.
Gunmen Attack Niger, Storm Palace of Emir of Kagara
Armed gunmen numbering about 60 have allegedly stormed Rafi Local Government Council of Niger State and invaded the palace of the Emir of Kagara.
The armed gunmen stormed the palace around 6:00 pm on Tuesday evening on 20 motorcycles, shooting sporadically, causing panicked residents to scamper for safety. However, the Emir, Alhaji Ahmed Attahiru (II) has been away for almost two weeks.
Also, efforts to speak to the Police Public Relation Officer in the state DSP Wasiu Abiodun were unsuccessful, the situation has further been worsened by the lack of network service in the area.
Petrol landing cost now N278, says MOMAN, crude reaches $80
The Major Oil Marketers Association has said that the landing cost of petrol has risen to N278 just as the price of crude oil in the international market reached $80 shortly on Tuesday, with experts worrying that subsidy payments would increase.
The international crude oil benchmark traded at $80.02 per barrel, its highest since October 2018, on Tuesday according to Oilprice.com.
Brent had fallen to $78.89 per barrel as of Tuesday, while the United States West Texas Intermediate traded 0.45 per cent lower at $75.11 per barrel.
The executive secretary and chief executive officer of MOMAN, on a phone call with our correspondent, said, “The last time we checked in September, the spot price if we assume an exchange rate of N410 per $, you have a landing cost price of N278 per liter.
France Slashes Visas for Algeria, Morocco, Tunisia In Migrant Row
France on Tuesday said it would sharply reduce the number of visas granted to people from Algeria, Morocco and Tunisia, accusing the former French colonies of not doing enough to allow illegal immigrants to return.
Government spokesman Gabriel Attal told newsmen, it’s a drastic decision, and unprecedented, but one made necessary by the fact that these countries are refusing to take back nationals who we do not want or cannot keep in France.
The station first reported the visa clampdown earlier Tuesday, saying President Emmanuel Macron took the decision a month ago after failed diplomatic efforts with the three North African countries.
Liverpool Salah overtakes Samuel Eto’o as Champions League’s second-highest African scorer.
Liverpool star Mohamed Salah has overtaken Barcelona legend Samuel Eto’o in the Champions League goalscoring chart with his strikes against FC Porto on Tuesday night, with only Drogba ahead.
The two-time African Footballer of the Year is now the second-highest scoring African player in the tournament’s history, thanks to his brace against the Dragons on Tuesday,
The former Chelsea and AS Roma star scored in each half as Jurgen Klopp’s Reds thrashed the Dragons 5-1 at the Estadio do Dragao. with his scintillating display against the 29-time Portuguese top-flight kings.
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