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Daily Archives: 5th December 2016

Fayose knocks FG for increasing PAYE tax


The Ekiti State Governor, Ayodele Fayose, has called on the Federal Government to rescind its decision to reduce workers’ salaries through obnoxious increment in Pay As You Earn, pension and National Housing Fund deductions. According to him, with the deductions, some workers now have as much as 30 per cent reduction in salaries. The governor said it was wicked and ...

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Laws alone can’t heal our electoral system- Ekweremadu

Deputy Senate President, Ike Ekweremadu

The Deputy President of the Senate, Senator Ike Ekweremadu, says efforts to amend the electoral laws to improve electoral processes in Nigeria would amount to little unless the stakeholders changed their attitude to the laws. He insisted that “Shortcomings that flow from deliberate human actions or inactions in clear breach of the laws cannot be blamed on the laws”. This ...

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No unilateral dollar allocation, says CBN

Godwin Emefiele, CBN Governor

The Central Bank of Nigeria (CBN) has denied reports that it allocates dollars unilaterally. Its  Director, Corporate Communications Mr. Isaac Okoroafor, in a statement at the weekend in Abuja, decried the way some Nigerians chose to disparage those in leadership in total insensitivity to the larger interests of the country’s economy. He added that the CBN had set up an ...

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Buhari should be grateful to PDP –Lamido


•Ex-gov says President reaped from crisis in party •‘Change of name alone, not the solution’ Former Jigawa State governor, Alhaji Sule Lamido, said at the weekend that President Muhammadu Buhari was a direct beneficiary of the crisis in the Peoples Democratic Party (PDP). The party ruled for 16 years before the All Progressives Congress (APC) emerged victorious in last year’s ...

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Army to reduce road blocks in South-East


The Nigerian Army “Operation Python Dance’’ has said some of its road blocks in the five eastern states   will be dismantled to facilitate free flow of traffic during the Yuletide. Deputy Director, Public Relations of 82 Division Nigerian Army, Enugu, Col. Musa Sagir, disclosed this while on patrol with newsmen at the River Niger Bridge head, Onitsha and Awka at ...

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Unremitted N450bn: EFCC to grill Jonathan’s ex-ministers, perm secs

Acting Chairman EFCC, Ibrahim Magu

The Economic and Financial Crimes Commission is set to grill some ex-ministers who served under the administration of ex-President Goodluck Jonathan as well as some serving and ex-permanent secretaries and directors of budget and finance in charge of revenue-generating Ministries Departments and Agencies. The fresh investigation, according to the Punch,  was sequel to a report by the Minister of Finance, ...

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