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Daily Archives: 17th November 2014

Umeh condoles Nwobodo over son’s death

The National Chairman of All Progressives Grand Alliance, ( APGA) Chief Victor Umeh, has expressed shock over the death of the first son of Senator Jim Nwobodo, Dr. Ifeanyi Nwobodo, who died on Saturday, November 14, 2014, after a brief illness.  In a condolence message signed by his Special Assistant (Media), Mr. Stan Okeke, Umeh said that he was deeply ...

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FG introduces austerity measures

Ngozi Okonjo-Iweala

The Federal Government has introduced some austerity measures and scaled down the crude oil bench mark for the 2015 budget. In a bid to insulate the economy from falling crude oil prices the federal government announced far-reaching policy measures to deal with the crashing crude oil prices, cutting 2015 oil benchmark from $78 to $73 per barrel. Crude oil prices ...

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$1bn loan may be diverted for elections – Falana

A Lagos lawyer and rights activist, Mr. Femi Falana, has expressed fear that the $1bn loan the Federal Government demanded to tackle insurgency in the country may be diverted for the 2015 elections. He said this on Saturday during a national symposium to commemorate the first memorial anniversary of late Pro-National Conference co-founder, Baba Omojola. Falana said the nation’s military ...

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2015: Ebonyi Dep. Gov. Umahi declares ‘war’ on Elechi over guber race

When Governor Martin Elechi of Ebonyi State said the governorship of the state would be zoned to the old Afikpo bloc of Ebonyi South Senatorial district many people thought that the Deputy Governor, Engineer Dave Umahi would be the immediate beneficiary. However, the pendulum swung to Afikpo north local government area when stakeholders of the state endorsed the former Minister ...

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New N100 notes, wasteful, ill-timed — TUC

TRADE Union Congress of Nigeria, TUC, weekend, faulted the introduction of new N100 bank notes by the Central Bank of Nigeria, CBN, to commemorate Nigeria’s centenary celebration, saying it was ill-timed and wasteful. In a statement by its President and Secretary General, Mr. Bobboi Kaigama and Musa Lawal respectively, TUC said “printing of new currency is usually a capital-intensive venture, and ...

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