Author: Safiu Kehinde
Safiu Kehinde is a Graduate of Mass Communications. He is passionate about accurate reporting and interested in investigating socio-political issues.
Agency Report Nigeria has successfully priced 2.2 billion dollars in Eurobonds maturing in 2031 and 2034 in the international capital markets. This is according to a statement by the Debt Management Office (DMO) in Abuja on Monday. The DMO said that the two Eurobonds, with 6.5 years and ten years tenors, have 700 million dollars placed in the 2031 maturity, and 1.5 billion dollars placed 2034 maturity. It said that the notes were priced at a coupon and re-offer yield of 9.625 per cent and 10.375 per cent, respectively. “Nigeria is pleased to have attracted a wide range of investors…
Agency Report The Enugu State Government and Austrian firm, WANDE NEXUS, has, on Monday, signed a $100 million deal to implement Sustainable Last Mile Connectivity and Advanced Metering Infrastructure (AMI) Project in Enugu. With the signing, which took place at the Government House, Enugu, in the presence of the Austrian Ambassador to Nigeria, Thomas Schlesinger, the firm will be injecting the fund as Foreign Direct Investment (FDI) to modernise water infrastructure. In a speech, Gov. Peter Mbah described the signing as an example of the relationship that could exist between a sub-sovereign and a sovereign, as well as a major…
Safiu Kehinde Zamfara state governor, Dauda Lawal, has, on Monday, pledged his administration’s commitment to supporting the judicial arm of government. Lawal made the pledge in Gusau while declaring open the State Annual Training and Capacity Building for Magistrates and Staffers of the High Court. The training had a theme: ‘Enhancing Speedy Dispensation of Justice: Role of Judiciary in the 21th Century’. Lawal said, “My administration remains fully committed to supporting the judiciary in all its endeavours. “We will continue to prioritise initiatives that enhance justice delivery and safeguard the independence of this noble arm of government.” The Governor further…
Agency Report The National Security Adviser (NSA), Malam Nuhu Ribadu, has commended Gov. Uba Sani of Kaduna State for his leadership in ensuring the safe rescue of kidnapped victims in the state. Ribadu made the commendation during the handing over of another set of rescued victims to the Governor on Monday night in Abuja. The victims were rescued by security agencies on Monday, with no ransom paid to secure their freedom. Ribadu lauded Gov. Sani for his leadership, encouragement, and support for the entire security sector in Nigeria. “We are happy to report that the rescued victims are healthy and…
Safiu Kehinde Former Speaker of the House of Representatives, Yakubu Dogara, has attributed Northerners opposition of the tax reform bills to misinformation, stressing that their reaction is based on available lies. Dogara stated this while speaking at the Town Hall Debate organized by Channels TV on Monday. The former lawmaker, who also admitted to his initial ignorance of bills’ contents, said the Northerners are misinformed by their leaders. He, however, expressed optimism of better understanding of the bill with discussions and debates organized for the bills analysis by experts and stakeholders. “I think reactions from the North is based on…
Safiu Kehinde Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has stated that the controversial tax reform bills are not intended to generated revenue. Oyedele made this known during his presentation at the Town Hall Debate organized by Channels TV over the tax reform bills on Monday. He allayed concerns of Northern leaders and other stakeholders that the bills will only benefit Lagos and Rivers states while others- especially the Northern region, will be impoverished. Oyedele explained that the bills were intended to fix the economy in a way that there can be shared prosperity,…
Australian Police have seized 2.3 tonnes of cocaine from a broken-down boat off the coast of Queensland, authorities said on Monday. Eleven men and two juveniles were arrested, including the vessel’s crew and others waiting on the shore to collect the illegal shipment. The drugs had an estimated street value of A$760m ($490m; £388m), with the potential to be distributed across 11.7 million separate street deals – making it the largest cocaine bust in Australian history. The Australian Federal Police (AFP) alleged one of the men arrested on Saturday night was vice-president of the Comanchero outlaw motorcycle club’s Brisbane chapter.…
Agency Report Dr Olukayode Ajulo, Commissioner for Justice and Attorney General of Ondo State, says Gov. Lucky Aiyedatiwa did not use state fund in the last governorship election. Ajulo, a Senior Advocate of Nigeria (SAN), said this in his keynote speech during a one-day colloquium on Ondo State Public Complaints Financial Crime And Anti-Corruption Law 2022 on Monday in Akure. The Anti-Corruption colloquium was organised by the Ondo State Public Complaints Financial Crime And Anti-Corruption Commission (SPFACC). The commissioner, who explained that the state government had taken proactive measures to tackle corruption, said that Aiyedatiwa would not siphone public fund…
Agency Report Nigerian Youth For Atiku (NYFA), a support group of former Vice President Atiku Abubakar, has urged President Bola Tinubu to take steps toward reforming the Independent National Electoral Commission (INEC). The group’s Director of Communications (Nigeria and Diaspora), Mr Dare Dada, gave the advice in a statement, on Monday in Lagos, after the NYFA’s bi-monthly strategic meeting. Dada said that the group, as part of its resolution in the meeting on Sunday in Lagos, called on the President to reform INEC, the police and other security apparatuses, to deepen Nigeria’s democracy. He said that this should be done…
Safiu Kehinde Former Nigerian Bar Association (NBA) President, Dr. Olisa Agbakoba, has attributed the ongoing controversy and opposition of the proposed Tax Reform Bills to the centralization of power in the hands of the Federal Government. Agbakoba stated this in a post on his official X handle on Monday. The ex-NBA boss called for the devolution of power across the three tiers of government, stressing that concentration of power with the FG explained the opposition face by the Tax Reform Bill. While admitting that the bill is beneficial from revenue generation perspective, Agbakoba suggested balanced governance and equitable resource allocation for…