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Showing posts from June, 2019

University of Ibadan expels 5 students, rusticates 16 others

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The Authority of the University of Ibadan, Ibadan Oyo State, said that it has expelled no fewer than five of its students. The students, who were expelled from the institution included; Ajuwon Gabriel, Yetunde Mary Agbanigo, Kehinde Samuel Aluko, Olufemi Olusegun Ogunwo and Saheed Ademola Oshodi with matriculation numbers, EO27559, EO30033, EO16154, EO23128 and EO25356, respectively. Registrar of the institution, Olubunmi Faluyi, in a special bulletin with serial number 4220, said that the Central Student Disciplinary Committee (CSDC), of the institution, took the decision on the erring students at its meeting held on Thursday, May 9, 2019. Faluyi in the bulletin sighted by DAILY POST on Thursday added that 16 other students were also rusticated. 10 students from Distance Learning Centre (DLC) of the institution, were rusticated for two semesters for examination misconduct. The affected students are: Adekemi O. Balogun, EO26918 from Communication and Language Arts, Seyi O...

Protest in Abuja over rape allegations against COZA pastor, Fatoyinbo

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Protesters have converged on NNPC filling station at Guzape over rape allegations levelled against the Founder and Global Senior Pastor of the Commonwealth of Zion Assembly, Biodun Fatoyinbo. Some of the placards held by protesters read ‘We are watching you,’ ‘Your Pastor is not your God,’ ‘Thou shall not rape’ and ‘No to sexual abuse in my church’ among others with the hashtag ‘#ChurchToo.’ The protesters, including one of the leaders of the Bring Back Our Girls movement, Aisha Yesufu, could be seen wearing white in solidarity with victims of rape. This follows allegations of rape against Fatoyinbo by Busola Dakolo, photographer and wife of inspirational singer, Timi Dakolo.

BREAKING News: COZA Pastor Biodun Fatoyinbo Finally Breaks Silence

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After being accused of sexually assaulting the wife of a popular musician, Pastor Biodun has finally broken his silence.   Pastor Biodun   The pastor in charge of Common Wealth of Zion Assembly, Biodun Fatoyinbo has reacted to reports that he raped Busola Dakolo, wife of Nigerian musician, Timi Dakolo.   In a statement he released online, the pastor denied ever raping the woman.   "I have NEVER RAPED before, not even as an unbeliever!"  the man of God summarized.   Read the statement below:  

Eden Hazard rejected huge Premier League offers to join Real Madrid

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The Spain defender told The Sun: 'Honestly, the times that he had to cope with the rumours. 'He always showed his desire not to sign for an English team, even if he could have better contracts. 'He has never been a selfish person. 'He always had this dream to play for Real Madrid and we will see what happens. 'But I think he has been very honest until the last day.' Hazard spent seven years at Chelsea having moved to Stamford Bridge in 2012 from Lille for £32million. He called time on his Blues career with a year left on his contract to pursue his dream of working with Madrid boss Zinedine Zidane. Eden Hazard turned down better offers from Premier League clubs to join Real Madrid, according to his former Chelsea team-mate Cesar Azpilicueta. The Belgium international completed his move to Los Blancos earlier this month in a deal that could rise to £150million. Now Azpilicueta has revealed Hazard had been sent more lucrative deals from English...

Manchester City face a possible ban from next season's Champions League, Europe in 2020

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Pep Guardiola's Manchester City could find themselves banned from Europe in 2020, Guardiola has never spent longer than four consecutive seasons in charge of any one club A season outside of the Champions League can prove disastrous for many clubs on a financial level. City would lose a sizeable chunk of income without European football. In the 2017-18 season they received more than £57m in prize money alone. The figure for the season just gone will have been more again. That is a drop in the ocean for City's owners, who under expulsion from the tournament would technically be able to put more of their own money into the club for that season. It is reportedly part of the reason why Milan are currently negotiating their own ban from the Europa League for the coming campaign. However, City would have to be careful to avoid then breaking Premier League FFP rules. These are more lenient that UEFA's - allowing clubs to lose up to £100m over the course of three seaso...

Liverpool have completed the signing of PEC Zwolle defender Sepp van der Berg

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The 17-year-old insisted it was 'a dream come true' after completing the move on Thursday Van der Berg made 15 appearances in the Eredivisie last season and another five in other competitions as he comes in to bolster Jurgen Klopp's backline. Liverpool will see how the centre-back develops and may decide to give him time in the Under 23s or send him back out on loan. The youngster has also earned four caps for Holland at Under 19s level. Liverpool have completed the signing of PEC Zwolle defender Sepp van der Berg. The Reds agreed to an initial fee of £1.3million for the highly-regarded centre-back on Thursday which could rise to £4.4m should Van der Berg go on to make a certain number of appearances in the Premier League and Champions League. The 17-year-old will report to Melwood on July 6 to meet his new team-mates ahead of the new campaign. Van den Berg told the club's official website: 'It's just an amazing feeling. 'It is, for me, the...

Court denies Wema Bank possession of CMB properties

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WEma Bank Peeved by the alleged concessions granted Wema Bank through an ex-parte motion, CMB Maintenance and Investment Company has assured homeowners in its Pearl Gardens and Nuga Park schemes of the safety of their properties as it contests the order in court. In the appeal, CMB is relying on the refusal of the court to grant Wema Bank its request that CMB give up its properties and funds. It seeks to take advantage of the indemnity provided by the court by showing that Wema Bank should not have filed the motion and that the order should not have been made. In its exparte motion, Wema Bank had prayed the court to “issue an order directing the Defendants, either by themselves, agents, assigns or privies to yield up possessions and deliver up to the Receiver Manager all the mortgaged properties covered by the Deeds of Legal Properties dated 04/01/15, 04/01/15, 15/02/15, 20/01/15, 05/01/15 and 26/02/15, pending the hearing and determination of the Motion on Notice further to th...

'Don't meddle in the election':Trump gives Putin light-hearted warning

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President Donald Trump issued a warning to his Russian counterpart Friday against meddling in US elections, laughing and smiling as he told his counterpart not to interfere. "We have many things to discuss, including trade and some disarmament, some little protectionism, in a very positive way," Trump said.  Trump said when questioned by reporters whether he would issue a warning on the matter during their talks. "Don't meddle in the election, please," Trump said, smirking and wagging his finger at Putin. It was an off-hand moment that came at the start of the men's first meeting since the conclusion of Robert Mueller's investigation. Trump said he enjoyed a "very, very good relationship" with Putin, and said "many positive things are going to come out of the relationship." In the seven months since Trump last encountered his Russian counterpart, the Russians detained a former Marine on espionage charges and were accuse...

Attempted Murder Charges: Evans Moves To Call Femi Falana As Witness

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The trial of suspected billionaire kidnapper, Chukwudumeme Onwuamadike popularly known as Evans continued on Thursday at the Lagos High Court Sitting in the Igbosere area with the prosecution seeking to add, Senior Advocate of Nigeria, Femi Falana as a witness in the case. The prosecuting counsel, Mr Yakubu Oshoala, who filed an application to that effect, told the court that an issue came up during trial within trial which required the prosecution to call an additional witness. Evans had told the court that his confessional statement which he made to the police after his arrest in 2017 was made under duress. The court, therefore, conducted a ‘trial within trial’ to ascertain whether the defendant’s statement was actually made under duress. Evans is currently facing two separate charges, bordering on conspiracy to kidnap, kidnapping and attempted murder, before Justice Adedayo Akintoye. In the first charge, Evans is standing trial alongside Joseph Emeka, Ugochukwu Nwachukwu a...

Sanwo-Olu Reaffirms Commitment to Make Lagos Smart City

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The plan to elevate Lagos to become a smart city is not a mere political rhetoric, but an agenda that is being supported by policies that will make the goal achievable, Lagos State Governor Babajide Sanwo-Olu has said. The Governor said his administration’s commitment to reinvigorate the state’s economy and make it a smart city was reinforced by its growth potential and profile as one of the top investment destinations in Africa. The smart city agenda, Sanwo-Olu said, is on course, stressing that his administration would achieve the goal in partnership with private sector as key driver of development. The Governor spoke on Wednesday at the 13th Annual Business Law Conference organized by Business Law section of the Nigerian Bar Association (NBA), at the Eko Hotels and Suites on Victoria Island. To achieve the aim, Sanwo-Olu said his government had identified key areas to drive growth, stating that investment in infrastructure remained prominent. He said: “As Africa’s most ...

COZA Pastor, Biodun Fatoyinbo R-ped Me - Timi Dakolo's Wife (Video)

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COZA Pastor, Biodun Fatoyinbo has been exposed by the wife of popular musician, Timi Dakolo who accused him of r*ping her.     COZA Pastor, Biodun Fatoyinbo   The wife of the popular singer, Timi Dakolo, Busola has left Nigerians in shock after revealing that popular COZA Pastor, Biodun Fatoyinbo r*ped her when she was still very much younger.   Busola, the mother 3, revealed this in an  exclusive with Y!Naija , and also said the man of God has engaged in many sexual harassment related issues.   She further explained how Pastor Biodun allegedly tried forcing to have s-x with her in his matrimonial home when she came to assist his wife after she delivered her first child.   The revelation is coming as her husband, Timi Dakolo recently launched an attack on the clergyman, without revealing the name of the man of God. He also accused the pastor of taking advantage of women in his ministry and leaving them broken emotionally....

Manchester City boss Pep Guardiola reveals he will 'return to Barcelona sooner or later

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The Manchester City boss revealed that her will return to Barcelona 'sooner or later' And the 48-year-old could be going back sooner than expected. 'I'm trying to be a good coach - that hasn't gone too badly in this decade. I will return to Barcelona to live, sooner or later.' Guardiola is entering his fourth season at City and has never lasted longer at one club in his management career so far. Speaking at the presentation of the Cruyff Court near Barcelona this week, he said: 'I will return to Barcelona sooner or later. But as president, forget about it. 'To be president, you have to know [what you're doing] and be prepared - to have knowledge that I don't have. Pep Guardiola has put Manchester City on alert after revealing he wants to return to Barcelona 'sooner or later'. The Spaniard still has two years remaining on his deal at the Etihad after leading City to a historic domestic treble last season. Guardiola began h...

Ozil is proving a huge financial burden for the Gunners due to his £350,000-per-week wage

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Mesut Ozil is set to stay at Arsenal next season as the club's plan to offload their top earner stalls. The German is proving a huge financial burden for the Gunners due to his £350,000-per-week wage. The north London club are open to offers for him ahead of the transfer deadline as they look to release some extra funds for manager Unai Emery to strengthen his squad. But the Gunners are yet to receive any formal approaches for their 30-year-old World Cup winner. Arsenal are working on deals to sign Celtic left back Kieran Tierney, 22, and St Etienne defender William Saliba, 18. But the club are working with a tight transfer budget of around £45million this summer.

A delicious World Cup discovery: SOCCER BREAD

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The balls originated as a collaboration between the French sculptor César Baldaccini and Apollonia’s father, Lionel Poilâne, during the run up to the 1998 World Cup, hosted in, and eventually won by, France. One of César’s enormous metal sculptures stands close to the bakery on Rue du Cherche-Midi, a centaur-like man with — clear as day — two big metal balls dangling from his horse end. It’s clear that Poilâne is a place that welcomes artists; in the office just off the front room, paintings of Poilâne’s bread line three of the four walls, starting around waist-high and stretching to the tall ceiling. The fourth wall is dominated by an elaborately detailed frosted glass window allowing anyone in the back office to peek out and see the customers lined up for the day. Pierre Poilâne, Apollonia’s grandfather, used to let art students barter the paintings for his bread, although today many artists simply send in paintings and sculptures gratis, inspired by the quality of Poilâne’s bread...

A delicious World Cup discovery: SOCCER BREAD

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Soccer is the food of life in more ways than one. The goods arrayed in the window of Poilâne’s unassuming little storefront in the sixth arrondissement are typical of what you’ll find at any bakery in Paris: pains au chocolat, tartes aux pommes, small shortbread cookies called punitions. But proudly set out on a green turf mat, next to 11 cookies arranged in a 3-4-3, sits the real pièce de résistance: a full-sized regulation soccer ball, complete with light and dark panels, and made of nothing but bread. The store has been there since 1932 and has seen the neighborhood gentrify, the buildings transforming from monasteries and convents to a row of fashionable shops and eateries. Inside, the front room is tiny but warm, large enough for maybe a dozen people to crowd in if they don’t mind some uncomfortable touching between strangers. To the right, more punitions, along with smaller sliced loaves and jars of jam. To the left, several rows of enormous sourdough rounds, the top shelve...

Two people are injured in shooting outside a mosque in France

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A gunman is said to have opened fire as people left the mosque in Brest French media reports say that the gunman is on the run with two people injured Two people were shot and wounded outside a mosque in Brest, western France, on Thursday, police said. Brest Prosecutor Jean-Philippe Recappe said the gunman opened fire as people left the mosque in the city's Pontanezen neigbourhood. The men are said to have been injured in the leg. According to French media reports, one of the men injured was a controversial imam called Rachid El Jay.  The victims were treated at the scene and sprayed with water because of the extreme temperatures of the current French heatwave, it is reported. Public broadcaster France 3 reported the gunman was on the run. It was not immediately clear whether the shooting was religiously motivated, a settling of scores, or motivated by other unknown factors, Recappe told Reuters. Police have urged people to remain 'prudent'.  

Adeleke vs Oyetola: Shocking revelations emerge about APC leaders, Supreme Court judges

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A civil society group, the Civil Liberty Union, has raised alarm over alleged harrassments and threats against some members of the Supreme Court panel of Justices presiding over the Osun governorship Appeal by a team allegedly led by a national leader of the All Progressives Congress, APC, in Southwest and 2 governors one from the South West and the other from North West. The group alleged that the APC leader and the two governors were allegedly using the names of President Muhammadu Buhari to intimidate the Justices to jettison the supremacy of the Constitution and find any way to give a favourable judgement to Gboyega Oyetola, the candidate of the All Progressives Congress, APC. This claim was contained in a statement issued to DAILY POST on Wednesday in Abuja and signed by its Coordinator, Mallam Shuaibu Adamu. The statement added that the APC leader and the 2 governors went bullish and desperate when they couldn’t get President Buhari to give explicit support to his quest to...

Nigerian Woman Who Produces Fake Peak Milk In Large Quantity Caught (Photo)

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A woman alleged to specialize in producing fake peak milk has been nabbed by security agents.     The suspect Security operatives have nabbed a Nigerian woman accused of allegedly producing fake Peak Milk in Nigeria. She's now under police investigation as more details will emerge later. The latest discovery is coming after the National Agency for Food and Drugs Administration and Control (NAFDAC) in 2017 intercepted a transport vehicle laden with counterfeit Peak Milk products from reaching targeted market in Lagos. The vehicle, which was suspected to have taken off from the South East, was bound to Lagos State carrying several cartons of the near-perfect Peak Milk products of the 450g refill size when the agency’s surveillance team discovered and seized it. credit by torinews

Oil prices drop as traders wait for G20, OPEC+ meetings

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Oil rig Oil prices fell on Thursday to erase some of the previous session’s strong gains, as traders wait for the G20 summit in Japan and for a meeting of OPEC and other crude producers to decide on an extension of output cuts. Brent crude futures were down 42 cents, or 0.6 per cent, at 66.07 dollars by 0658 GMT. U.S. West Texas Intermediate (WTI) crude futures were down 33 cents, or 0.6 per cent, at 59.05 dollars. Oil prices rose more than 2 per cent on Wednesday to their highest in about a month, buoyed by U.S. government data showing a larger-than-expected drawdown in crude stocks as exports hit a record-high and surprise drops in refined product stockpiles. However, traders said concerns that a hoped-for breakthrough on trade at the G20 may not eventuate and some nervousness about continued output cuts were crimping follow-through buying. “Investors are split as what to expect from the G20, a positive reset to trade talks … could do wonders in the short-term for the ...

FG’s June Bonds Oversubscribed By N60.13 Billion- DMO

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The Federal Government’s June bonds worth N100bn, which was offered on Wednesday, was oversubscribed by over N60.13bn. Total subscription received from investors for the bonds was N160.13bn, comprising N39.34bn for 12.75 per cent FGN April 2023 bonds; N60.30bn for 14.55 per cent FGN April 2029 bonds; and N60.49bn for 14.80 per cent FGN April 2049 bonds Recent trends in the FGN bonds also showed that investors were embracing the long-term bonds, as the recent 5, 10 and 30-year bonds had 43, 58 and 62 total bids respectively. The auction result added that 19, 22 and 30 bids were, however, successful for the three bonds allotted. The Debt Management Office (DMO) had earlier disclosed its plans to auction bonds worth N100bn by subscription. Its circular showed the breakdown of the figure to include a N30bn five-year reopening bond that would mature in April 2023 and be offered at 12.75 per cent; another N40bn 10-year reopening bond that would mature in April 2029 and be auctio...

Graduates Who Skip NYSC Can Contest Governorship Elections - Court Declares

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The pre-election suit challenged the eligibility of Mr Abiodun over his failure to participate in the National Youth Service Corps (NYSC) scheme.   A Federal High Court in Abuja says a candidate cannot be disqualified from an election for failure to participate in the National Youth Service Corps scheme. The court made this pronouncement on Wednesday when it struck out a suit brought against the Governor of Ogun State, Dapo Abiodun, by a former senator, Iyabo Anisulowo. The pre-election suit challenged the eligibility of Mr Abiodun over his failure to participate in the National Youth Service Corps (NYSC) scheme. The NYSC was established in 1973 and participation is mandatory for all Nigerians who graduate from a tertiary institution in or outside the country before they attain the age of 30. The presentation of the NYSC discharge certificate awarded at the end of the one-year scheme is a requirement for employment into the formal sector in Nigeria. Last year, the r...

Osinbajo Discusses Economic Ties With US Vice President Pence

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Vice President Yemi Osinbanjo in a meeting with the Vice President of the United States of America, Mike Pence, discussed economic ties between both countries. Both leaders also discussed a partnership to enable investors in Nigeria and the acquisition of arms and ammunition to tackle terrorism. Professor Osinbajo disclosed this to Channels Television on Wednesday after the meeting was held at the White House in Washington DC. He added that they both consolidated on previous talks and also focused on how the two countries can work together on the threats to the Sahel region. “We discussed a wide range of issues from our economy and ways in which investors could participate effectively in the economy. We also talked about security. Ways in which we could work together on some of the threats, especially in the Sahel. “What we are working on at the moment is cooperation that has been on for a while so the whole point of it is to see how to bring several of those things to fru...

NAF destroys insurgents tactical Headquarter at Kollaram, Borno

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FG assures NAF of adequate infrastructures for Armed Forces [Twitter/@Hejeoma] Air Commodore Ibikunle Daramola, NAF Director of Public Relations and Information, who disclosed this in a statement on Thursday in Abuja, said the operation was conducted on Wednesday. The Nigerian Air Force (NAF) says its Air Task Force (ATF) of Operation LAFIYA DOLE has destroyed an Islamic State of West Africa Province (ISWAP) tactical headquarters at Kollaram in Northern Borno. Air Commodore Ibikunle Daramola, NAF Director of Public Relations and Information, who disclosed this in a statement on Thursday in Abuja, said the operation was conducted on Wednesday. “The Nigerian Air Force (NAF), through the Air Task Force (ATF) of Operation LAFIYA DOLE, has launched OPERATION GREEN SWEEP 2 against terrorist elements in the Northeast of the country. “The Air Interdiction Operation, which commenced on Wednesday, June 26, will target selected locations within the Northeast in order to further degrad...

Theophilus Danjuma Buys London Hotel for N1 billion

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Theophilus Danjuma, a former minister of defence, has acquired a 300-year-old hotel in London for N1 billion. TY Danjuma, as he is popularly referred to, is now worth $1.2 billion according to Bloomberg Billionaires Index. The latest acquisition of the 80-year-old retired army general is a 14-room inn in London. The Kings Arms Hotel is a 300-year-old inn next to Hampton Court Palace, which once housed Henry VIII, the king of England in 1509. At present, the hotel is undergoing renovation. Upon launch, a room is estimated to cost £250 per night. Hannatu Gentles, the second daughter of Nigerian billionaire, Theophilus Danjuma, says the family does not invest in trophy assets. “We never tend to look at trophy assets. We’re not going to head to Mayfair to buy a 15 million-pound apartment primarily because we are a yield business,” Gentles, who is the chief operating officer of her father’s London-based family business, told Bloomberg. “We invest in real estate in other j...

Alabama woman is charged with the manslaughter of her own unborn baby

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Alabama authorities indicted a woman whose unborn baby died when she was shot because they allege that the shooting resulted in a fight with another woman over the child’s father that she started. Marshae Jones, 27, of Birmingham, was charged with manslaughter by a Jefferson County grand jury on Wednesday. She has been remanded into custody, AL.com reported. According to authorities, the incident took place at around noon on December 4, 2018. Police were told that there was a shooting outside a Dollar General store in the Birmingham suburb of Pleasant Grove. Witnesses said that the shooting victim, Jones, was driven to nearby Fairfield. Officers then went to Fairfield and found Jones with a gunshot wound to the stomach. She was rushed to a local hospital. It was later learned that Jones was five months pregnant. The fetus did not survive the shooting. Investigators later learned that the shooting took place as a result of a dispute between Jones and Ebony Jemison, 23....

Uganda 1-1 Zimbabwe: Both teams missing outrageous open goals

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  Uganda and Zimbabwe played out a 1-1 draw at the Africa Cup of Nations, but both teams will walk away very disappointed not to take all three points. The stalemate leaves Uganda on four points from their opening two games, while Zimbabwe have it all to do heading into the final group game with just one point. Uganda got off to the perfect start on Wednesday through Okwi, who tapped home from close range after Zimbabwe goalkeeper George Chigova parried Lumala Abdu's shot. But they were pegged back through Zimbabwe midfielder Billiat following fine work down the left wing from team-mate Ovidy Karuru. However, the state of play could have been very different if both teams had their goalscoring boots on in Cairo. With the scoreline at 1-1 in the 50th minute, Zimbabwe's Musona missed an absolute sitter to put his side ahead, smashing the ball straight onto the crossbar while unmarked from a few yards out. If you thought that was crazy enough, there was almost a carbo...

Egypt 2-0 DR Congo: Mohamed Salah and Ahmed Elmohamady net in first half.

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Ahmed Elmohamady and Mohamed Salah fired Egypt into the last-16 of the Africa Cup of Nations with a goal each in a 2-0 win against DR Congo. Yannick Bolasie went closest to breaching the Egypt defence when his fiercely-struck free-kick curled narrowly wide in the closing stages. Egypt managed to put the damaging news of Amr Warda behind them on Wednesday night. It emerged earlier on Wednesday that Egypt had removed striker Amr Warda from their Africa Cup of Nations squad after he was accused of sexual harassment by a number of women. The Egyptian-British model Merhan Keller alleged that Warda, 25, had sent her inappropriate and aggressive messages. Keller then followed up her claims by sharing testimonies from a number of other women who'd contacted her saying they too received unwanted messages from the footballer. But they did not have it all their own way against DR Congo, who twice hit the woodwork. Marcel Tisserand crashed his effort against the woodwork from ...

Nigeria have become the first team to book their place in AFCON last-16 stage

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Nigeria's six points guarantees progress to the last 16 after a major improvement in their form from the opening game of the tournament. Nigeria changed their approach and sought to use the flanks with Simon on the right wing and Ahmed Musa on the left among five changes to the starting line-up made by coach Gernot Rohr. The impact was almost immediate as Simon beat his marker to deliver an inviting square pass inside the second minute, but Alex Iwobi hesitated and the chance was lost. Musa then gave notice of the threat he might pose with a surging run and delivery from which Odion Ighalo could have scored had his first touch not allowed the ball to bounce away from him. Simon got away again down the right just after the half-hour mark, with Ighalo galloping up in tandem. Simon did not deliver the pass, however, and chose to go on his own instead, hitting the side netting from a tight angle. After the break, Iwobi's shot forced a save from Guinea goalkeeper Ibra...

Nigeria 1-- Guinea 0: Nigeria Jet To Next Round

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kenneth Omeruo celebrating his goal. Guinea was defeated by Nigeria in today's match as Nigeria becomes the first Team to Qualify for the last 16 stage at the 2019 Africa Cup of Nation. Guinea try their best but  Nigeria the Giant of Africa in football stop them. The Super Eagles qualified for the next stage after a Kenneth Omeruo strike gave them a 1-0 victory over Guinea, taking their points tally to six in Group B.  Guinea’s loss leaves them with a point from two games, while Madagascar who take on Burundi in the second group game has a point.

Military Arrests 14 Suspected Killers of Ex-CDS, Alex Badeh

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Detectives from the Defence Headquarters, (DHQ ) Abuja, and the Department of State Services (DSS) have arrested 14 suspects in connection with the murder of the former Chief of Defence Staff, Air Chief Marshal Alex Badeh. The suspects were arrested by a Joint Investigative Panel, which was inaugurated by the Chief of the Defence Staff, Gen. Abayomi Olonisakin, following the incident on December 18 last year. The suspects were scheduled to be paraded before journalists at the DHQ Garrison in Mogadishu Cantonment, Abuja, yesterday. The parade was later postponed due to what officials of the DHQ described as “some unforeseen hitches.” It would be recalled that the Nigerian Police Force had in December 2018 paraded five suspects linked to the murder. One of them was a 25-year-old Shuaibu Rabo, who said the former CDS was killed while they were trying to rob him of money meant for the purchase of a new farmland. A member of the ex-CDS family, however, debunked the claim saying th...

Nigeria Is Heading Towards Bankruptcy – Sanusi

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The Emir of Kano Muhammad Sanusi II says the financial health of Nigeria is at risk and the country is heading towards bankruptcy. Sanusi disclosed this during the third national treasury workshop held at the Kano State Government House on Wednesday. He stressed that factors including fuel subsidy, debt servicing, and demurrage among other economic policies which he described as “unfavourable economic policies,” are consuming revenue of the nation. “In 2011, when I was CBN governor, we spent $8bn importing petroleum and spent another $8.2bn subsidising the product “100% of what we earn in the oil sector went out to import petrol. You are treasurers, is this sustainable? “The country will be bankrupted and we are heading to bankruptcy,” the Emir warned. Sanusi said further that, “For the Federal Government to place itself in a position where, (in finance you all know this is what we call a naked edge), the price of crude oil and petroleum products goes up, the...