Day: December 7, 2023

Why terrorism continues despite huge budgetary allocations – Defence Chief

Aminu Imam

Chief of Defence Staff, General Christopher Musa, has given reasons why terrorism has yet to end despite the huge budgetary allocation the military receives annually. Speaking during an interview on a television programme on Tuesday, Musa said the military did not have enough equipment to fight the terrorists, because year after year not all the funds allocated to defence were released. He also noted that civilians conniving with terrorists and supporting them with supplies had been frustrating the military’s efforts to end the war. The CDS said these as a…

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H’Reps order arrest of CBN Governor, Cardoso, 18 others

Aminu Imam

The House of Representatives Committee on Public Petition has issued warrant of the arrest on the Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, the Accountant-General of the Federation, Mrs. Oluwatoyin Madein, and 17 others for refusing to appear before it to answer questions on their operations. This followed the adoption of a motion by Rep. Fred Agbedi, at the committee’s hearing on Tuesday. Moving the Motion, Agbedi said that the arrest warrant had become inevitable following the attitude of the invitees. He said that the parliament worked with time,…

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Kaduna: Why the attack on community happened – DHQ

Aminu Imam

The Defence Headquarters says the drone attack on Ligarma community, in Igabi local government area of Kaduna State on Sunday, was based on information about untoward activities of terrorists in the area. This is contained in a statement issued by its Director of Defence Media Operations, Maj.-Gen. Edward Buba on Tuesday, in Abuja. Buba said the Nigerian Army Unmanned Aerial Vehicle (UAV) detachment had at about 2200hrs on Sunday, observed movement of terrorists at Ligarma, known to be a terrorist-infested area of Kaduna State. According to him, the aerial surveillance…

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“No court ordered me to return Zamfara official vehicles” – Matawalle

Aminu Imam

Minister of State for Defence, Bello Matawalle, has challenged Governor Dauda Lawal, of Zamfara State and his Chief Security Officer to point out where the Federal High Court, sitting in Sokoto, ordered the retrieval of 50 vehicles in its judgement. Recall that a press statement issued yesterday from the office of the governor had said, “A Federal High Court in Sokoto dismissed a suit filed by former governor Bello Matawalle over ownership of 50 vehicles”. The minister’s spokesman, Ibrahim Dosara, said the press statement issued by Zamfara State government with…

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Kogi: Gunmen steal election petition documents

Aminu Imam

The Kogi State Police Command has officially confirmed that gunmen attacked the secretary of the state governorship election Tribunal, Mr. David Umar Mike, on Monday in Lokoja, making away with sensitive petition documents related to the recently concluded gubernatorial election in the State. The State Police Command’s Public Relations Officer, SP William Aya, disclosed the incident in Lokoja, yesterday, stating that, “the attackers of the state governorship tribunal secretary carted away all the petition documents filed by five political parties at gunpoint”. The Police authorities detailed that the stolen documents…

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‘70% of Nigerian university students are Internet fraudsters’ – EFCC chairman  

Aminu Imam

The Economic and Financial Crimes Commission (EFCC) chairman, Ola Olukoyede, has labelled 70 per cent of Nigerian university students as internet fraudsters. According to a statement on the anti-corruption agency’s X (formerly Twitter) page, the EFCC boss disclosed this while speaking on Monday with a delegation from Daar Communication Plc, at EFCC headquarters in Jabi, Abuja. Olukoyede had described internet-related crimes as a menace and cankerworm in society. According to him, “It is worrisome that seven out of 10 students today are involved in cyber-crimes”, indicating that 70 percent of Nigerian…

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Harsh Business Climate: Procter & Gamble Nigeria exit ends 5,000 jobs

Aminu Imam

Procter & Gamble, a global leader in consumer goods, has announced plans to transition its Nigerian operations to an import-only model, effectively dissolving its on-ground presence in the country. This decision stems from the challenging business environment in Nigeria, primarily attributed to dollar-denominated operations and unfavourable macro-economic conditions. The immediate implication of this is that thousands of jobs and millions of dollars in investment will be lost in the country from the company’s move. Having been in Nigeria for over three decades, the firm has invested millions of dollars in…

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Inflation: Beecham Ampiclox jumps from N750 to N9,000; Augmentin N4,000 to N26,000; Paracetamol N40 to N150 – SBM Survey

Aminu Imam

A new survey has revealed that the economic hardship assailing Nigerians under President Bola Tinubu has continued to cause incessant hikes in the prices of drugs for malaria and other common conditions.  The survey conducted by SBM Intelligence, titled: ‘Paying the Price on Health’, compared the prices of pharmaceutical products back in 2019 with their prices as of November 20, 2023. Amid unfavourable economic circumstances in the country, British multinational pharmaceutical giant GlaxoSmithKline, in August 2023, announced plans to cease operations in the country after 51 years. Sanofi, another global…

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‘They’re in Dubai pubs’ — Uganda’s 600-member COP28 delegation sparks criticisms

Aminu Imam

The Ugandan government is facing criticisms from opposition groups and the public over the quantity of its delegation to the United Nations climate change conference (COP28) in Dubai, United Arab Emirates. With 600 representatives, Uganda is among the African countries with the highest number of delegates at the conference. According to a local media organisation, up to 375 of the delegates are bureaucrats, contrasting with the government’s commitment to run an austerity budget and cap foreign travel. Uganda is battling revenue constraints, a scenario that has forced public spending cuts.…

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