Showing posts with label News. Show all posts

I Will Make Nigeria a Tourist Haven – Ooni Oba Adeyeye

Business,News

I Will Make Nigeria a Tourist Haven – Ooni Oba Adeyeye

I Will Make Nigeria a Tourist Haven – Ooni Oba AdeyeyeOoni of Ife, ObaRead More...

Governor blames Buhari for naira crash

Business,Latest News,News,

Governor blames Buhari for naira crash

Governor blames Buhari for naira crashEkiti state governor, Ayodele Fayose, has blamed President MuhammaduRead More...

Naira falls to N345 against dollar in parallel market

Business,News

Naira falls to N345 against dollar in parallel market

Naira falls to N345 against dollar in parallel marketThe naira yesterday exchanged at N345Read More...

Falana to govt: recover outstanding $66.5b loans, others

Business,News

Falana to govt: recover outstanding $66.5b loans, others

Falana to govt: recover outstanding $66.5b loans, othersLagos Lawyer Femi Falana (SAN) yesterday urgedRead More...

Senate to pass budget before March 31, says Ndume

Business,News,Politics

Senate to pass budget before March 31, says Ndume

Senate to pass budget before March 31, says NdumeThe Senate will pass this year’sRead More...

Naira falls to record N335 to dollar

Business,News

Naira falls to record N335 to dollar

Naira falls to record N335 to dollarThe naira on Friday exchanged at N335 toRead More...

Innoson Keeps Our Jets In Operation Against Boko Haram

Business,Latest News,News

Innoson Keeps Our Jets In Operation Against Boko Haram

Innoson Keeps Our Jets In Operation Against Boko HaramNigeria’s Chief of the Air StaffRead More...

Finance minister says 23,000 ghost workers were discovered in civil service

Finance minister says 23,000 ghost workers were discovered in civil service



The minister of finance, Kemi Adeosun revealed that 23,000 ghost workers were discovered in the federal civil service.


Daily Post reports that Adeosun said the ghost workers will be handed over to the Economic and Financial Crimes Commission (EFCC).


She made this revelation while addressing, the Senate committee on Finance, during her budget defence session.


Adeosun also said banks that worked with the civil servants to defraud the government will also be prosecuted.


She said “We will not only sack them, we will ensure the recovery of the money they have been collecting over the years from the Federal government.”


The finance minister also said Nigeria's decision to collect government payments in one bank account will help limit state borrowing, reduce payment delays and curb corruption.


During the visit of the International Monetary Fund (IMF) boss, Christine Lagarde Adeosun also said Nigeria plans up to $5 bln borrowing from sources including Eurobonds.


The minister has also hinted that the government was working on the introduction of performance-related pay for the Nigeria Customs Service (NCS), to motivate improved revenue collection and reduce corruption.



Buhari has plunged Nigerian economy into recession says Utomi

Business,Latest News,News,

Buhari has plunged Nigerian economy into recession says Utomi

Buhari has plunged Nigerian economy into recession says UtomiThe possibility of the Nigerian economyRead More...

Amechi says he is discussing with President Buhari on national carrier

Business,Latest News,News,

Amechi says he is discussing with President Buhari on national carrier

Amechi says he is discussing with President Buhari on national carrierThe Ministry of TransportRead More...

NLC opposes electricity tariff hike

Business,News

NLC opposes electricity tariff hike

NLC opposes electricity tariff hikeTHE Nigeria Labour Congress’ (NLC) Central Working Committee has rejectedRead More...

Emefiele unveils plans to stabilize Naira as TSA savings hit N2trillion

Business,Latest News,News

Emefiele unveils plans to stabilize Naira as TSA savings hit N2trillion

Emefiele unveils plans to stabilize Naira as TSA savings hit N2trillionThe Governor of CentralRead More...

Drama at Bauchi Airport as Aero uses ladder to disembark 34 passengers

Business,Lifestyle And Fashion,News

Drama at Bauchi Airport as Aero uses ladder to disembark 34 passengers

Drama at Bauchi Airport as Aero uses ladder to disembark 34 passengersAmild drama unfoldedRead More...

N31b fraud: Anenih, George, Odili, others may refund N630m slush fund

Business,Latest News,News,

N31b fraud: Anenih, George, Odili, others may refund N630m slush fund

N31b fraud: Anenih, George, Odili, others may refund N630m slush fundSome former and servingRead More...

6 Nigerian Banks to Merge From January 2016

Business,News

6 Nigerian Banks to Merge From January 2016

6 Nigerian Banks to Merge From January 20166 Nigerian banks will be forming aRead More...

British Billionaire Richard Branson Condemns Indonesia for Executing Nigerians, Others

British Billionaire Richard Branson Condemns Indonesia for Executing Nigerians, Others


British billionaire Richard Branson has taken to his blog to denounce the execution of the Bali Nine by firing squad.

According to him, the action is “needless” and “brutal”. He also warned the Indonesian government that the decision will severely “hamper the country’s chances to secure clemency for Indonesians facing the death penalty abroad”.

“Mary Jane Fiesta Veloso was granted a last-minute reprieve. But Rodrigo Gularte, Martin Anderson (aka Belo), Raheem Agbaje Salami, Sylvester Obiekwe Nwolise, Okwudili Oyatanze, Zainal Abidin bin Mgs Mahmud Badarudin, Andrew Chan and Myuran Sukumaran lost their lives brutally and needlessly.

“Brutally, because the death penalty is always cruel, barbaric and inhumane. It has no place in a civilised society.

“Needlessly, because these executions will not do anything to deter drug trafficking in Indonesia or reduce supply and demand. There is plenty of evidence that prohibition and strict law enforcement have little to no effect on the drug trade. If Indonesia wants to tackle its drug problems effectively, it needs to return to evidence-based policies that place public health over criminal law enforcement.”

He went on to discuss the tales of prisoners’ rehabilitation, particularly of Andrew and Myuran, who he heralded as “shining examples of people working through their mistakes and becoming productive members of society”.

Branson concluded that the death of the eight prisoners in Bali will have a “significant negative impact on Indonesia’s standing in the world”.

“I hope some good will come out of these tragic events, as more and more people realise inhumane death penalty laws must end globally, now,” he said. “As people unite behind the #IStandForMercy hashtag, public disgust for the death penalty grows and hope increases that an end to the death penalty is in sight.”

“To paraphrase Oscar Wilde: ‘The only difference between saints and sinners is that every saint has a past while every sinner (should have) a future.’

“Everyone deserves a second chance. Let’s do away with the death penalty once and for all.”

Update on Military Operation in Sambisa Forest by Chris Olukolade

News

Update on Military Operation in Sambisa Forest by Chris Olukolade

Update on Military Operation in Sambisa Forest by Chris Olukolade-Rescued Women Undergoing Thorough Profiling-TrueRead More...

Governor Ayo Fayose withdraws lawsuit against APC lawmakers

News,Politics

Governor Ayo Fayose withdraws lawsuit against APC lawmakers

Governor Ayo Fayose withdraws lawsuit against APC lawmakersEkiti State Governor, Ayodele Fayose, yesterday withdrewRead More...

S’Africans attacks on foreigners planned – S’African Mayor

News

S’Africans attacks on foreigners planned – S’African Mayor

S’Africans attacks on foreigners planned – S’African MayorPolice reinforcements have been rushed to ThabazimbiRead More...

Xenophobic Attacks: Zuma calls Jonathan, pleads for support

News,Politics

Xenophobic Attacks: Zuma calls Jonathan, pleads for support

Xenophobic Attacks: Zuma calls Jonathan, pleads for supportPresident Jacob Zuma has had telephonic discussionsRead More...