Ayeiroyin

The Nigeria Upper Legislative has been asked to sanction $12.921 billion loans as part of the Federal Government’s 2016-2018 external borrowing (rolling) plan. The Senate President Bukola Saraki in the chamber yesterday read the presidential request. In the April 21 memo, “Request for approval for Federal Government 2016-2018 external borrowing rolling plan”, President Muhammadu Buhari referred to his earlier letter on the same subject matter. The request is believed to be part of the $29.96 billion loan earlier rejected by the Senate. The memo reads in part: “I wish to refer to my earlier letter in respect of the above subject and to inform the distinguished Senate that the China-Exim Bank has approved our request for a loan to execute the Lagos-Kano Railway modernisation project (Kano-Kaduna segment) for a sum of $1.231 billion. “The Chinese have also informed us that approval of the Lagos-Kano railway modernisation project (Kano-Kaduna segment) and coastal Railway project. L...

Presidential Investigative Committee members explores deeply the recovery of $43.4million at Osborne Towers in Ikoyi, round the table yesterday for more than 11 hours in Lagos. Committee examined documents and interrogated some officials at the marathon session. Grilled were the suspended Director-General of the National Intelligence Agency (NIA), Amb. Ayo Oke, and some top officials of the agency. One of the highlights of the session was when the suspended NIA DG told the panel that he wrote a memo to the National Security Adviser (NSA) on the custody of the $43.4million for covert operations. A source said the DG maintained his stand that he informed the NSA, Maj.-Gen. Babagana Monguno, who is a member of the committee, about the money. Oke was said to have told the committee about the covert operations and projects executed by the agency. Responding to a question, the source, who pleaded not to be named, added: “Oke gave a spirited defence of his career and said there was n...

The Nigeria Senate president, Bukola Saraki, said yesterday that the legislative chamber of the National Assembly will begin on restructuring Nigeria’s education system through legal framework to make Nigeria Education more competitive both locally and internationally. According to Saraki, the new legislative framework will enhace more autonomy for the education system. He also said that with the present economic recession in Nigeria, interventions in the nation’s educational system must no longer be business as usual. The Senate president, who stated this in a statement signed by Special Adviser on Media and Publicity, Yusuph Olaniyonu, said there was the urgent need for comprehensive education reform across all levels to ensure that Nigerian students and schools were competitive globally. He said: “Considering the economic situation in the country and the widening social inequality, we need to ensure that all Nigerians are well equipped for the future that lies ahead. “This m...

Abiodun Joseph yahooboy claim to be the Ooni of Ife , Oba Adeyeye Ogunwusi and duped two Nigerian ladies of different amount on Facebook, has been arrested by the Ogun State Police Command . The bearded suspect was said to have been arrested on Wednesday , April 19 , 2017 , at Ilese , in the Ijebu North East Local Government Area . Joseph was paraded alongside three armed robbers and kidnappers at the state command headquarters , Eleweran , Abeokuta, on Monday . The suspect had allegedly duped the ladies , who were based in the United States of America , to the tune of N600 , 000 , which was paid through money transfer . While parading the suspects , the state Commissioner of Police , Ahmed Iliyasu, said Joseph had been using his Facebook and Whatsapp accounts to dupe unsuspecting members of the public .

Rafael Benitez has proven his worth by succeeded in his gamble of staying on as manager as he uplift Newcastle United straight back up to the Premier League with a 4 - 1 win over Preston on Monday . The former Liverpool and Real Madrid boss stayed on after they were relegated to the Championship at the end of last season and even though Newcastle stumbled of late , the victory over Preston guaranteed a top two finish.

Former governor of Delta State, Dr Emmanuel Uduaghan, finally put to rest rumours of his alleged cease and desist to the All Progressives Congress when he hosted leaders of the Peoples Democratic Party and his successor, Governor Ifeanyi Okowa, at his Warri residence on Saturday. At the meeting, Uduaghan and other top leaders of the PDP from Delta South Senatorial District passed a vote of confidence in Okowa, endorsing the governor for a second term in office, with a pledge to queue behind him for the 2019 governorship election in Delta. This was coming months after it was rumoured that Uduaghan had concluded plans to join the APC in pursuit of his senatorial ambition in 2019. The Saturday meeting was the first public PDP meeting that the ex-governor attended since he left office. Sources at the meeting told our correspondent on Sunday that the former governor said with the return of a former governor and leader of the party in the state, James Ibori, nobody was leaving the ...

The Nigeria President Muhammadu Buhari has now become a part-time and ceremonial President who is only descry during Jumat service at the Presidential Villa. Ekiti Sate Governor Ayodele Fayose says. According to his Special Assistant on Public Communications and New Media, Lere Olayinka, the governor said on sunday, it was necessary for Nigerians to be properly informed about the well-being of their President. Fayose, who said Buhari, like any old man, was susceptible to illness, said the President would do well to go and take proper care of his health and allow the Vice-President, Yemi Osinbajo, to constitutionally act as the President. “But it is doubtful if those cabals that are obviously running their own Presidency within President Buhari’s Presidency will allow him to take a long vacation, probably outside Nigeria to take care of himself,” Fayose said.