Nigeria’s political, traditional elites honors Nasuru Danu, as he is turbanned ‘Sardauna’

Nasuru Danu

In a vibrant display of tradition and honor, Alhaji Nasuru Haladu Danu was turbaned as the new Sardaunan Dutse, marking a significant moment in Nigeria’s cultural landscape. The prestigious and colorful event, graced by distinguished figures including the Nigeria Vice-President, His Excellency Kashim Shetima, former President Muhammadu Buhari, the Jigawa State Governor Muhammad Namadi, the Minister of Aviation Festus Keyamo and the Emir of Daura Umar Faruq Umar;Emir of Nasarawa, Ibrahim Usman Jibrin; Executive Chairman Liberty TV Alhaji (Dr.) Ahmed Tijjani Ramalan, Prince Tonye Prince-will; Former Minister of Transport Rotimi…

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Alleged N80bn fraud: EFCC declares Yahaya Bello ‘wanted’

EFCC Yahaya Bello

The Economic and Financial Crimes Commission, (EFCC), has declared Yahaya Bello, former governor of Kogi State, as ‘wanted’. In a post on its official Facebook page, the anti-graft Commission said Bello is wanted in connection with alleged economic and financial crimes amounting to N80.2 billion. ”Anybody with information as to his whereabouts should report immediately to the Commission or the nearest Police Station”, EFCC wrote. Recall that Bello was whisked away from his Abuja home yesterday by his successor, Governor Usman Ododo, while EFCC operatives laid siege to his residence.…

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Ganduje’s suspension: APC petitions IG, demands arrest of masterminds

APC petitions IG

The ruling All Progressives Congress (APC) has petitioned the Inspector-General of Police, Kayode Egbetokun, asking him to go after nine suspects believed to have masterminded the suspension of its National Chairman, Dr Abdullahi Ganduje, at the ward level in Kano State. The two-page petition was written by the APC National Legal Adviser, Prof. Abdulkareem Kana. The development comes in the wake of a court order secured by Ganduje at a Federal High Court in Kano to halt his purported suspension. The ruling was given on Wednesday, after Ganduje filed an…

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‘Nigerians brought bandits, kidnappers, terrorists, secessionists upon themselves’ – DHQ

DHQ on banditry

The Defence Headquarters (DHQ) says the military will continue to deal decisively with those who have taken up arms against the country until they are brought to their knees. According to the DHQ spokesman, Edward Buba, ”The fighting spirit of our men and women in uniform is strong, resilient, focused, proud and committed. We understand that we have no choice but to continue to fight to defeat the enemy and create a safer environment for citizens”. Buba said any group that took up arms against the nation ”is inviting severe…

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War: “We will reconsider nuclear doctrine” – Iran threatens Israel

Iran threatens

Iran yesterday threatened to “reconsider” its nuclear doctrine if Israel attempts to attack any of its nuclear facilities amid heightened tensions between the duo. Brigadier-General Ahmed Haqtalab, the Commander of the Islamic Revolutionary Guard Corps (IRGC) in charge of the protection of nuclear centres, said Iran would respond if Israel threatened the country’s nuclear facilities. The warning comes amid speculations that Tel Aviv is mulling a military response to IRGC’s unprecedented direct attack on multiple positions in Israel on Saturday that involved hundreds of missiles and drones. Tehran said the…

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‘North-West has highest rate of poverty in Nigeria’ – Ribadu

NSA Ribadu

National Security Adviser (NSA) to the President, Nuhu Ribadu, has decried the high level of poverty in Northern Nigeria, especially the North-West geo-political zone. According to him, as of 2019, the region had the highest poverty rate in the country, with a national average of 40.1 percent. Ribadu, while delivering his paper titled: “Navigating the Maze: Addressing Multi-Dimensional Insecurity Challenges in Northern Nigeria”, at the combined convocation lecture of Usmanu Danfodiyo University, Sokoto yesterday, identified Sokoto as the worst-hit in the region. He said about 87.73 percent of the State’s…

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“I can’t imagine it’ – A’isha Yesufu scolds Gov. Ododo for stopping Yahaya Bello’s arrest

A'isha Yesufu

Popular activist, A’isha Yesufu, has expressed shock over the role played by Kogi State governor, Ahmed Usman Ododo, in stopping the Economic and Financial Crimes Commission, (EFCC), from arresting his predecessor, Yahaya Bello. Recall that Ododo, on Wednesday, obstructed the arrest of Bello by operatives of the EFCC. The EFCC operatives had stormed Bello’s residence in Abuja in an attempt to arrest him over an ongoing fraud investigation. But Bello was reportedly smuggled out of his residence by Ododo to evade arrest by the anti-graft agency. “I cannot imagine I,…

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‘N3.2tr subsidy required to reverse electricity tariff hike’- NERC

NERC on tariff

Chairman of the Nigeria Electricity Regulatory Commission, (NERC), Sanusi Garba, yesterday, said the Federal Government of Nigeria will need about N3.2trillion in 2024 to reverse the recent hike in electricity tariff. He added that if a total sectoral overhauling was not carried out, including fluctuation in foreign exchange, power supply in Nigeria would continue to pose a challenge. Speaking in Abuja, at a stakeholders’ meeting convened by the House of Representatives Committee on Power, Garba said that current investment in the sector, though commendable, was not good enough to guarantee…

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Independent Broadcasters Association, IBAN, appoints Ramalan as Interim Chairman

Ramalan

The Independent Broadcasting Association of Nigeria (IBAN) has appointed Alhaji (Dr.) Ahmed Tijjani Ramalan as its Interim Chairman. This followed the dissolution of its current executives, at an emergency and physical meeting held yesterday, and after the expiration of thier tenure. As part of resolutions also reached at the meeting, Sir Godfrey Ohanbuwa, was also appointed the Chairman of a 10-man IBAN Interface committee to meet with the Federal Government and other critical stakeholders on issues affecting the common industry’s  interest. The Acting Chairman, in his opening remarks, said all…

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CBN reduces Banks’ loan-to-depositratio to 50%

CBN HQ

The Central Bank of Nigeria (CBN) has issued a new directive to all Deposit Money Banks (DMBs) introducing a reduction in the loan-to-deposit ratio (LDR) to 50%. The new directive, which was disclosed by the apex bank in a circular yesterday, titled: ‘Re: Regulatory Measures to Improve Lending to the Sector of the Nigerian Economy’, signed by its Acting Director of the Banking Supervision Department, Adetona Adedeji, is a follow-up to a circular released on January 20, 2020. This significant policy adjustment, effective immediately, marks a 15%-point decrease from the…

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