Oil price drops to $48, $12 below 2019 budget benchmark [ Update Vanguard ] By Udeme Akpan & Prince Okafor LAGOS—The price of crude oil, yesterday, dropped from $50 to $48 in the international market, showing $12 below Nigeria’s $60 per barrel 2019 budget reference price. Specifically, the price of Brent, West Texas Intermediate, WTI and the Organisation of Petroleum Exporting Countries, OPEC, basket of 15 crudes stood at $48.00, $43.38 and $47.92 per barrel respectively. Oil money This means that the government projections, especially total revenue projection and expenditure in the budget may not be realised, should the volatility continue in the market. This came as there are indications that Nigeria’s Egina oil will hit the global oil market in February, 2019, according to loading programme. The loading programme obtained by Vanguard showed that the first cargo of the oil grade will be lifted by stakeholders, including Total, Nigerian Natio...
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Suspected killer of Alex Badeh speaks, reveals why himself and his gang killed him The Nigeria Police Force on Thursday, announced it has arrested five suspects for their alleged involvement in the killing of a former Chief of Defence Staff, Air Vice Marshall Alex Badeh. Speaking at a press brifeing today, the Spokesman of the force, Ag. DCP Jimoh Moshood, who refused to give the names of the suspects, said two out of the five suspects arrested actively participated in the killing while the remaining three suspects acted as accomplices. Moshood said the postponement of the parade would help the investigators to arrest fleeing members of the gang. “The suspects arrested actively participated in the killing of the former Chief of Defence Staff, Air Chief Marshal Alex Badeh. On the directive of the IGP, the Police Joint Investigation Team set up by the IGP were mandated within the shortest possible time to arrest all those responsible for the killing of th...
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2019 presidency: No vacancy in Aso Rock – Buba Marwa tells Atiku, others The former military governor of Lagos State, Buba Marwa has declared that there is no vacancy in the Presidential Villa till 2023. He stressed that Buhari would return to power in 2019. Marwa spoke while fielding questions from journalists on Thursday in Yola, News Agency of Nigeria, NAN, reports. The Chairman, Presidential Advisory Committee on Drugs, said he was confident that Buhari would defeat other presidential candidates in the 2019 election. According to him, “Buba Marwa Organization is the first to organise rally in support of President Buhari in 2016, because Buhari have done very well in three areas of economy, security and fight against corruption. “He will return for the second time by the grace of God, and for that, I have no doubt all those vying for Aso Villa should wait till 2023.” Marwa, while commenting on the recent security situation in the country, said the Army and...
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Killings: I’m for emergency rule in Zamfara — GOV YARI [ Update Vanguard ] •Says informants fueling insecurity in the state •FG to mobilise additional security in Zamfara — Dambazau •Fayose alleges state of emergency plot to shut out PDP from Zamfara •Killings unacceptable, security agencies must change strategy—Saraki GUSAU — Governor Abdulaziz Yari of Zamfara State, yesterday, threw his weights behind the call on President Muhammadu Buhari to declare a state of emergency in the state, following persistent attacks which have claimed many lives in the state. He also blamed the continued killings in the state on informants who support the bandits and kidnappers. Governor Abdulaziz Yari of Zamfara State Yari, addressing newsmen in Gusau, said: “I am also in support of the declaration of state of emergency if it will save the lives of people of the state,” warning politicians against politicizing the disturbing security sit...
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Vice President Osinbajo Makes Surprise Visit To Barbing Saloon In Abuja. Photos Vice president Prof. Yemi Osinbajo caused a stir as he made a surprise visit to Luxor barbers in Wuse area in Abuja earlier today. source: https://samueljackson12.blogspot.com/2018/12/vice-president-osinbajo-makes-surprise.html
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2019: Akpabio gets new appointment from Buhari President Muhammadu Buhari has appointed former Senate Minority leader, Senator Godswill Akpabio as the National Coordinator of the Presidential Support Committee NAN reports that the Akwa Ibom state Coordinator of the committee, Pastor Mfon Okon, who disclosed this on Thursday, in Uyo, said four indigenes of the state have also been appointed into the committee. They include Lady Valerie Ebe, a former deputy governor of the state as chairman, National Advisory Committee, Senator John Akpanudoedehe, National Director – Planning & Strategy, Senator Aloysius Etok – National Director for inter-party affairs, and the party’s South-South zonal woman leader, Mrs Rachael Akpabio as the National Assistant Welfare Secretary. According to Okon, the appointments were a reflection of the confidence President Buhari reposed on their ability to successfully work for his re-election in the forthcoming presidential electi...
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I caught my wife with a man on top of her – Husband tells court Chief Ademola Odunade, the President of a Mapo Customary Court in Ibadan, on Thursday dissolved the eight-year-old marriage between Adedolapo Aderibigbe, an estate surveyor and wife, Mayowa, over adultery and threat to life. NAN reports that Adedolapo told the court that his wife was merely hiding under the guise of catering as a profession to fornicate. The respondent, who did not refute the allegation of battery against him, contended that Mayowa had often informed him that she would one-day handover the three children to their real father. “My lord, Mayowa’s adulterous lifestyle is often the cause of our disagreements and she knows that I wouldn’t tolerate it. “Sometimes, she prefers to stay out in the company of her concubines. “In fact, I recently caught Mayowa red-handed wit...