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Wednesday, 02 November 2022 06:22

FG owes construction contractors N765bn - Minister

Federal Government owes contractors about N11.16tn for the construction of various highways across the country and certificates of completion. Minister of Works and Housing, Babatunde Fashola, who made this disclosure while defending the proposed budget of his ministry in the 2023 Appropriation Bill, said his ministry had currently awarded 1,642 highway contracts for 1,632 projects at a total sum of N10.395tn. Fashola, while appearing before the House of Representatives Committee on Works in Abuja on Tuesday, with the lawmakers asking him to “take a bow and go” after his presentation, stated, “The main challenge to highways development in the country…

Wednesday, 02 November 2022 06:17

Russia deploys MiG-31Ks with deadly Hypersonic Missiles to European border in clear warning to the West

Russia’s deployment of MiG-31K armed with Kinzhal (NATO nomenclature: AS-24 KILLJOY) missiles to Belarus is drawing the attention of the West, according to a Twitter thread posted by the UK’s Ministry of Defense (MoD) this morning. More than the missiles’ presence, the West appears rattled over the lack of secrecy on the part of Russia over the escalatory deployment. The combination of MiG-31K and Kinzhal missile is the most potent conventional weapon system in Russia’s arsenal. The deployment puts all possible targets in Europe and the UK, even the most heavily defended ones, at risk. By shunning secrecy, Russia is…

Wednesday, 02 November 2022 06:16

What to know after Day 252 of Russia-Ukraine war: Russian and Western perspectives

RUSSIAN PERSPECTIVE Simple logic indicates that only a Russian victory in Ukraine would prevent a nuclear world war, former Russian president Dmitry Medvedev said on Tuesday, addressing calls from the West that Moscow must not be allowed to win. “Follow the simple formal logic,” Medvedev argued on Telegram. “If Russia can’t win, then apparently Ukraine must. Ukraine’s war objective, as named by the Kiev regime, is the return of all territories previously belonging to it – that is, their separation from Russia.” This, Medvedev explained, would qualify as a threat to the territorial integrity of Russia and therefore “a direct…

Tuesday, 01 November 2022 06:13

‘CBN gov confirmed to me that Arabic inscriptions will remain on redesigned Naira notes’ - Sanusi

Muhammadu Sanusi II, former Emir of Kano, says the Arabic inscriptions known as ‘Ajami’ will not be removed from the redesigned naira notes. Speaking with Daily Nigerian on Monday, Sanusi said Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), had confirmed to him that the inscriptions will remain on the redesigned currency. Ajami is an Arabic derivative of Hausa. CBN, on Wednesday, announced that it redesigned some new naira notes. The apex bank said the new notes include N200, N500 and N1000, adding that the new design and issues will be effective from mid-December 2022. The development had…

Tuesday, 01 November 2022 06:10

Buhari off to UK for medical check-up

President Muhammadu Buhari has travelled to the United Kingdom for medical check-up today. Special Adviser to the President on Media and Publicity,Femi Adesina, disclosed this on Monday, saying the president will return to the country in the second week of November. The presidential spokesman in the statement titled “President Buhari Billed for London” said he (Buhari) would return to the country in the second week of November, 2022. “President Buhari leaves for London October 31, 2022, for routine medical checkup. He returns to the country 2nd week of November, 2022,” Adesina also tweeted. The President, who returned last Friday from…

Tuesday, 01 November 2022 06:09

Female staff tells court how her salary was stopped for exposing corruption in Federal Ministry of Finance

National Industrial Court has been told how the Budget Office, a parastatal under the Federal Ministry of Finance, Budget and National Planning, unlawfully withheld the salaries and entitlements of her staff, Mrs Bilikisu Okenne Sannusi, for daring to expose corrupt practices in the establishment. In a suit marked NIC/ABJ/96/2022, the claimant, Sannusi, alleged that in the course of her service in the organisation, she discovered monumental corrupt practices perpetrated by some staff of the Federal Ministry of Finance Budget and National Planning, in the office of the Budget Office. The claimant, who is demanding N50 million as damages, further revealed…

Tuesday, 01 November 2022 06:07

Biden got angry with Zelenskyy during phone call when Ukraine leader asked for more aid - Sources

It’s become routine since Russia invaded Ukraine: President Joe Biden and Ukrainian President Volodymyr Zelenskyy speak by phone whenever the U.S. announces a new package of military assistance for Kyiv. But a phone call between the two leaders in June played out differently from previous ones, according to four people familiar with the call. Biden had barely finished telling Zelenskyy he’d just greenlighted another $1 billion in U.S. military assistance for Ukraine when Zelenskyy started listing all the additional help he needed and wasn’t getting. Biden lost his temper, the people familiar with the call said. The American people were…

Tuesday, 01 November 2022 06:06

Afghan commandos trained by US are being recruited to fight for Russia in Ukraine - Report

Elite Afghan commandos are being contacted with offers to fight for Russia in Ukraine, reports Foreign Policy. The soldiers were once trained by US Navy SEALs but were left behind when the Taliban took over last year. One Afghan official said he believed Russia's mercenary Wagner Group is behind the recruitment drive. Members of Afghanistan's elite National Army Commando Corps were left behind by the United States when the Taliban took control of the country in August 2021. Now, commandos say they are being contacted on WhatsApp and Signal with offers to fight for Russia, according to the outlet. The…

Tuesday, 01 November 2022 06:04

What to know after Day 251 of Russia-Ukraine war: Russian and Western perspectives

WESTERN PERSPECTIVE President Vladimir Putin said Russian strikes on Ukrainian infrastructure and a decision to freeze participation in a Black Sea grain export programme were responses to a drone attack on Moscow's fleet in Crimea that he blamed on Ukraine. Putin told a news conference on Monday that Ukrainian drones had used the same marine corridors that grain ships transited under the U.N.-brokered deal. Kyiv has not claimed responsibility for the attack and denies using the grain programme's security corridor for military purposes. The United Nations said no grain ships were using the Black Sea route on Saturday when Russia…

Monday, 31 October 2022 06:28

Naira redesign: Buhari sides with Emefiele, lists benefits

President Muhammadu Buhari says the Central Bank of Nigeria (CBN) has his backing to redesign the naira notes. According to the president, Nigeria has a lot to gain from the change in naira notes. He added that he did not consider the period of three months for the change to the new notes as being short. ”People with illicit money buried under the soil will have a challenge with this but workers, businesses with legitimate incomes will face no difficulties at all,” Buhari said. On October 26, Godwin Emefiele, governor of the CBN, announced the plan to redesign the naira…

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Monday, 31 October 2022 06:27

Mutilated Naira notes destroyed by CBN over 8 years estimated at N8trn - Report

Central Bank of Nigeria is expected to have destroyed over N6tn worth of mutilated and old banknotes when the government of President Muhammadu Buhari, expires in May 2023, an analysis by The PUNCH has shown. Already, data obtained from the annual reports of the currency operations department of the CBN between 2016 and 2020 showed that the apex bank destroyed mutilated banknotes worth N4.1tn during the five-year period. Our correspondent could not readily obtain data on the amount of mutilated banknotes disposed off by the central bank in 2021 and 2022 as of press time on Sunday. However, CBN is…

Monday, 31 October 2022 06:27

Southeast govs announce joint patrol teams on highways to fight insecurity

Perturbed by the alarming level of insecurity in the Southeast Zone, governors of the zone, yesterday, met in Enugu and resolved to set up a joint 24-hour patrol team in all the major highways in the region. They insisted that a political solution was desirable in solving the issue of the leader of the Indigenous People of Biafra (IPOB), Nnamdi Kalu, stressing that they were monitoring developments over court rulings in his trial. The governors, who met behind closed-doors, the first this year at Enugu Government House, decried the state of insecurity in the region, stating that economic activities have…

Monday, 31 October 2022 06:26

Lagos commercial drivers begin 7-day strike in protest against multiple levies, extortion

Joint Drivers Welfare Association of Nigeria (JDWAN), yesterday, declared that there was no going back on its proposed seven-day strike, starting today, Monday, October 31, as its meeting with the Lagos State Government yielded no positive result. JDWAN national leader, Akintade Abiodun, in a statement issued yesterday, said the group met with the representatives of the state government and other stakeholders but their meeting yielded no fruitful result except threats to the union. The statement read: “Leadership of the Joint Drivers Welfare Association of Nigeria met with Lagos State Government representatives, the Permanent Secretary, Ministry of Transportation, Abdulhafiz Toriola, and…

Monday, 31 October 2022 06:24

Lawyers form splinter association different from NBA

Another professional association of lawyers different from the Nigeria Bar Association has been established. The association, known as the Law Society of Nigeria, is led by Kunle Ogunba, a senior advocate of Nigeria. This is contained in a statement issued on Sunday by the National Publicity Secretary of the LSN, Douglas Ogbankwa. The legal practitioners in Nigeria had been hitherto regulated solely under the umbrella of the Nigerian Bar Association founded in 1933. Ogbankwa said in the statement that the LSN emerged in a bid to redefine the ideas of the founding fathers of legal profession. Ogbankwa referred to the…

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