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Showing posts with label Breaking News. Show all posts
Showing posts with label Breaking News. Show all posts

Friday, February 5, 2021

February 05, 2021

BREAKING: CBN Bans Nigerians From Buying, Selling Bitcon, Cryptocurrencies


The Central Bank of Nigeria, CBN, on Friday, instructed Deposit Money Banks (DMBs), other Financial Institutions (OFIs), Non-Bank Financial Institutions (NBFIs) and local financial institutions against having any transactions in crypto or facilitating payments for crypto exchanges.

The apex bank gave the directive in a letter to all DMBs, OFIs and NBFIs dated February 5th.

The circular signed by Director of Banking Supervision, Bello Hassan stated:” The CBN circular of January 12, 2017 ref FPRIDIRGENT R/06/010 which DMBs, NBFIs and OFIs and members of the public on the risks associated with transactions in crypto currency refers.

“Further to other regulatory directives on the subject, the bank hereby wishes to remind regulated institutions that dealing in cryptocurrencies or facilitating payment from cryptocurrency exchanges is prohibited.”

CBN warned that a breach of this directive will attract severe regulatory sanctions.

The Apex bank ordered DMBs, OFIs, NBFIs, to identify persons and entities transacting in or operating crypto currency exchanges within their system and ensure that such accounts are closed immediately.

Wednesday, February 3, 2021

February 03, 2021

BREAKING: FG Approves Immediate Take-off Of Federal Polytechnic, Ugep, Cross River State, Releases N2B


By Soni Daniel

The Federal Government has approved the establishment of a Polytechnic for Cross River State and it is to be situated in Ugep in the Northern part of the state.

To enhance its early take-off, the Federal Government has also approved the release of N2 billion for the project.

The new school, the first of its kind in that part of the country, is to take off in October this year and the approval has already been communicated to the Minister of State for Power, Mr. Goddy Jedy Agba, who is the highest-ranking political leader in the Buhari administration from the state.

The approval letter with reference DHE/ Poly.49/C.1/11/354 dated January 29, 2021 and signed by the Permanent Secretary, Ministry of Education, Mr. Sonny Echono, reads in part: “I write to inform you that His Excellency President Muhammadu Buhari, has approved the establishment of Federal Polytechnic, Ugep, Cross River State.

“Mr. President also approved a take-off grant of N2 billion for thenew polytechnic from the funding resources of TETfund and for the provision of core facilities for the immediate take-off. This has been duly conveyed to TETfund for implementation.

“In view of the above, technical team from the Federal Ministry Education and the National Board for Technical Education (NBTE) will soon visit your state to identify the site in Ugep and assess its readiness for commencement of academic activities in October 2021,” the letter said.

Tuesday, January 26, 2021

January 26, 2021

BREAKING NEWS: President Buhari Sacks Service Chiefs, Announces Replacements

By Johnbosco Akpakwuru

President Muhammadu Buhari has accepted the immediate resignation of the Service Chiefs, and their retirement from service.

This was contained in a statement issued by the Special Adviser to the President on Media and Publicity, Chief Femi Adesina in Abuja Tuesday.

"The President congratulates the new Service Chiefs, and urges them to be loyal and dedicated in the discharge of their responsibilities.” 

Monday, December 21, 2020

December 21, 2020

INEC Issues Certificate Of Return To Hon. Jarigbe As Senator Representing C'River North


By Omeiza Ajayi

The Independent National Electoral Commission INEC has issued a Certificate of Return to Hon. Jarigbe Agom Jarigbe as the winner and duly elected candidate of the Peoples Democratic Party PDP in the last Cross River North Senatorial bye-election.

INEC’s decision followed last week’s judgment of the Court of Appeal which declared Jarigbe as the substantive candidate of the Party which won the election.

The appellate court had affirmed the judgment of an FCT High Court which had earlier declared Hon. Jarigbe as duly elected PDP candidate for the December 5 Cross River North Senatorial seat.

The certificate of return was handed over to Jarigbe by an INEC National Commissioner, Mr Festus Okoye at a brief ceremony in Abuja.

Before the appellate court ruling, INEC had earlier issued a certificate of return to Dr Stephen Odey.

Thursday, December 17, 2020

December 17, 2020

BREAKING: Appeal Court Sack Dr. Odey, Declares Hon. Jarigbe Winner Of C'River North Senatorial Election

Hon. Jarigbe Agom


By Kunle Olasanmi and Michael Oche

The Abuja Division of the Court of Appeal on Thursday affirmed the declaration of Jarigbe Agom as the duly elected candidate of the Peoples Democratic Party (PDP) for the Cross River North senatorial bye election that held on December 5, 2020.

Justice Binta Mohammed of the High Court of the Federal Capital Territory (FCT) had in her judgment declared Jarigbe as the valid candidate of the party for the senatorial bye election.

Dissatisfied, his challenger, John Alaga approached the Court of Appeal to set aside the judgment of the trial court.

However, in a unanimous judgment, the appellate court dismissed the appeal as frivolous, vexatious and abuse of court process.

Justice Peter Ige, held that having not participated in the primary election of the party, the appellant lacked the locus standi to institute the suit.

“The appellant lacked the locus standi to institute the suit in the first place. I wonder why the trial court did not make pronouncement on this. Only a person who participated in the primary election or a political party that has the power to challenge the outcome of the election and not a third party who did not participate in the election.

“There is no evidence before the court that the appellant participated in the primary election. He only exhibited his party card and no other exhibit. The action of the appellant is a gross abuse of the court process.

Justice Ige further held that the facts stated by the respondents to the appeal in their affidavit evidence are well founded and have not been contradicted by the appellant.

“The materials put forward by the 1st and 2nd respondents have dislodged the evidence adduced by the appellant.

The court also held that the appellant did not prove allegations of forgery which is criminal in nature and needed to be proved beyond reasonable doubt.”

The court accordingly dismissed the appeal for lacking in.merit and award a cost of N250, 000 against the appellant in favour of the 1st respondent and N100,000 in favour of the 2nd defendant.

Justice Binta Mohammed had in her judgment, held that contrary to the claim of the claimant, John Alaga, the defendant (Jarigbe) did not supply any false information to the Independent National Electoral Commission (INEC) in his INEC Form CF001 by purporting to have sat for / and or obtained educational qualification making him eligible to contest for the Cross River North Senatorial Bye election.

The court also held that the Cross River North Senatorial primary election of the PDP wherein Jarigbe (1st defendant) was nominated as the Senatorial candidate was conducted with the authentic list of the Ward and Local Government Area Executives of the party.

Justice Mohammed further held that “the first defendant having won the highest number of valid votes at the said primary election is validly nominated as the candidate of the PDP for the Cross River North Senatorial Bye election scheduled to hold on October 31, 2020 or any other date.

That the primary election of the PDP for the Cross River North Senatorial held on September 5, 2020, was duly nominated by INEC (2nd defendant) and therefore valid and in accordance with the law.

The Court therefore directed INEC, sued as the second Defendant, to include and publish the name of Hon. Jarigbe on the list of candidates for the bye election scheduled for 5th December, 2020. The INEC was also further ordered to give Hon. Jarigbe every other rights and privileges pertaining to his lawful qualification and nomination as the PDP candidate.

Tuesday, November 3, 2020

November 03, 2020

BREAKING: Looting & Vandalism: WAEC Relocates Its Office From Calabar To Uyo

Following the looting, burning and vandalization of its branch office in Calabar, Cross River State, the West African Examinations Council (WAEC), has announced that it is temporarily relocating from Calabar to its Uyo Zonal Office.

In a press statement on Tuesday, the council assured that it will resume normal operations in Calabar once status quo ante is restored.

The statement signed by Demianus Ojijeogu, Acting Head of Public Affairs reads in part: 

"The West African Examinations Council (WAEC), Nigeria wishes to inform the Cross River State Government, Cross River State Ministry of Education, School Principals, Candidates, other Stakeholders in Cross River State and indeed, the general public, that WAEC Branch Office, Calabar, Cross River State has been temporarily relocated to WAEC Zonal Office, Uyo, Akwa Ibom State, till further notice.   

"This development is as a result of the vandalization, looting and burning down of WAEC Branch Office, Calabar by hoodlums on Saturday, October 24, 2020.   The relocation which is an interim measure is to enable the Council to continue to carry out its operations and render services to the Nigerian Child and other stakeholders.  

"We wish to assure all stakeholders and the general public that normal operations will resume in Calabar Branch Office once the status quo ante is restored."

Wednesday, October 28, 2020

October 28, 2020

BREAKING: Okonjo-Iweala Emerges New WTO DG

Nigeria's Ngozi Okonjo-Iweala has emerged Director General of World Trade Organization (WTO).

She polled 104 votes from 164 member countries to defeat South Korea’s trade minister at the final stage of the race.

She becomes woman and the first African to occupy the office.

More details later

Sunday, October 11, 2020

October 11, 2020

BREAKING: Governor Akeredolu Of The APC Wins Ondo Governornship Election


The incumbent governor of Ondo State,  Rotimi Akeredolu has won the Ondo governorship election held on Saturday.

Akeredolu who is the candidate of the All Progressives Congress (APC), won in 15 of the state’s 18 local government areas, based on the results announced by the electoral commission, INEC, at its headquarters in Abuja.

His challenger, Eyitayo Jegede, candidate of the Peoples Democratic Party (PDP) won in the remaining three local governments.

October 11, 2020

BREAKING NEWS: After Massive Nationwide Protests, IGP Disbands SARS

After massive nationwide protests over the activities of a notorious police unit, Special Anti Robbery Squad (SARS) and calls for the unit to scrapped, the Inspector General of Police (IGP), Muhammadu Ibrahim has now disbanded the unit with immediate effect.

IGP Ibrahim made the announcement this afternoon in a broadcast.

He said the dissolution affects all SARS in all the 36 State Commands and the Federal Capital Territory (FCT).

He added that all officers serving in unit will be redeployed to other Commands, Units and Formations, assuring that arrangement will be made to set up a new unit that would tackle armed robbery and sundry crimes.

Details later...

Monday, September 28, 2020

September 28, 2020

BREAKING: Labour Suspends Nationwide Strike Scheduled To Begin Today

Nigeria Labour Congress, NLC, has suspended its planned nationwide strike earlier scheduled to start today, Monday, September 28, in protest against the hike in pump price of fuel and electricity tariff.

The Minister of State, Labour and Employment, Festus Keyamo (SAN) tweeted that there was hope the industrial crisis might be avoided.

He stated on his verified Twitter handle(@fkeyamo): “Still negotiating with labour at exactly 12.34am. Some progress have been made. Concrete proposals on the table from both sides.

“Details being worked on by the temporary Secretariat. Gradually moving towards a point of convergence. Let’s hope….”
Furthermore, a source told Vanguard that it is possible the tariff will be suspended for two weeks, but said nothing specific about fuel pump price.

It is speculated that the issue of pump price hike had links with IMF, the World Bank and other international finance bodies Nigeria is indebted to.

Friday, August 7, 2020

August 07, 2020

BREAKING: C'River PDP State Congress: Vena Ikem Disqualified, Ayade's Candidate Goes Unopposed

Former National Publicity Secretary of the Peoples Democratic Party (PDP), Barr. Venatius Ikem has been disqualified from contesting for the position of State Chairman for the Cross River State Congress of the party scheduled for Saturday, August 8, 2020; PDP list of cleared candidates for the election shows.

In the list, which was signed by Col. Austin Akobundu, National Organizing Secretary of PDP, and dated 5th August, 2020, and obtained by Grassroot Reporters, Barr. Nkem's name was conspicuously missing, leaving Barr. Alphonsus Ogar-Eba (Governor Ayade backed candidate) as the sole candidate for the position of State Chairman.

Barr. Ikem, who was strongly backed by past leaders of the party and some National Assembly members, was tipped to emerge victorious at the election. 

His disqualification may not be unconnected with efforts by the Cross River State Governor, Prof. Ben Ayade to make peace with warring factions of the party in the state, and probably share some positions in the state EXCO of the party.

The governor and some National Assembly members had been at daggers drawn over who should control the party. The internal crisis led to Ayade's faction inaugurating its own Exco, after the National Working Committee (NWC) of PDP recognised the National Assembly members backed Exco.

The Ayade led faction had since challenged the NWC's decision in court.

See the full list of Cleared Candidates for the election:

Monday, July 20, 2020

July 20, 2020

BREAKING: Our Acting Managing Director Has Been Ill For Weeks Now - NDDC

Prof. Pondei
The Niger Delta Development Commission (NDDC) has reacted to its Acting Managing Director, Prof. Kemebradikumo Pondei collapsing at the public hearing by the House of Representatives Committee on NDDC.

In a statement signed by Charles Odili, Director, Corporate Affairs of the commission, the commission said Prof. Pondei has been ill for the past two weeks.

Mr. Odili said Prof. Pondei's condition deteriorated this morning and his doctors advised him against attending the hearing.

He said: "However, he ignored his doctor's advice because of the realisation that his traducers will use his absence at the hearing to soil his name and reputation. He thought he could make through the hearing and take care of his health later. As it turned out, his doctors were right".

The statement added that he is in stable condition at a clinic in Abuja.

Reacting to some of the allegations against the acting managing director, Mr. Odili said: "It would however be unfair to hold him personally liable for acts which took place when he was not the head of the commission.

"When the two arms of the National Assembly called for the probe, it was over a missing N40 billion".

The commission said it is happy that the Chairman of the Committee, Hon. Olubunmi Ojo has recused himself from the hearing.

Monday, July 13, 2020

July 13, 2020

BREAKING: Cross River Records 4 New Cases Of Coronavirus, 1 Death

Latest data released by the Nigeria Centre For Disease Control (NCDC) on Sunday, July 12 shows that Cross River State has recorded 4 news cases of Coronavirus.

So far the state has recorded a total of 9 cases, out of which 3 has been discharged and one died.

 See data

571 new cases of #COVID19Nigeria; Lagos-152 Ebonyi-108 Edo-53 Ondo-46 FCT-38 Oyo-20 Kwara-19 Plateau-17 Osun-14 Bayelsa-14 Ekiti-14 Katsina-14 Akwa Ibom-11 Kaduna-11 Rivers-11 Niger-10 Ogun-7 Kano-6 Cross River-4 Bauchi-2 32,558 confirmed 13,447 discharged 740 deaths

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