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Author: darelasisi@gmail.com
Furst Salvo Limited, a global financial business advisory and investment company, has launched savings and investment mobile App. The App which is available for download on the iOS Store and Google play store, is a savings platform that helps you save money smartly while earning returns on your savings. It is to encourage savings habit among Nigerians in an easy and reliable way, which also offer users lucrative interest payment on savings of between 10 – 15% per annum. In statement as issued by the company, Marketing Director, Furst Salvo Limited, Omawumi Jeyema said that, Salvo understands the peculiarity of…
A leading pro-Biafra group, Movement for the Actualisation of Sovereign States of Biafra (MASSOB) has called on the Governors and leaders of the Igbo dominated South East region of the country to give a befitting burial to parents of the leader of the Indigenous People of Biafra (IPOB), Nnamdi Kanu. Uchenna Madu, the leader of MASSOB, put forth the call on Wednesday when he led a delegation on a condolence visit to Kanu’s family in Afaraukwu kingdom, Umuahia. DAILY POST had reported the passing on of Kanu’s parents, Eze Israel Kanu and Ugoeze Sally Kanu. The MASSOB leader said the…
Following the rival clash between two groups that led to the killing of two people in Coker-Aguda, Surulere area of Lagos State, the Chairman of Coker-Aguda Local Council Development Area, Hon. Omobolanle Akinyemi Obe has announced the immediate suspension of the activities of the National Union of Road Transport Workers (NURTW) and Road Transport Employee Association of Nigeria (RTEAN) in the council area until further notice. The suspension, according to the Council boss, became necessary to ensure the safety of lives and properties of the peace-loving people of Coker-Aguda LCDA which was threatened by the clash between rival unions in…
The US presidency was also known as the White House has hit back at lawmakers after President Donald Trump was impeached, slamming the “illegitimate articles of impeachment” and voicing confidence the president would be acquitted in the Senate. “Democrats have chosen to proceed on this partisan basis in spite of the fact that the President did absolutely nothing wrong,” spokeswoman Stephanie Grisham said in a statement, calling the votes in the House of Representatives an “unconstitutional travesty”. Grisham said that there were no fact witnesses in the hearing and alleged bias by the Democrats. “The President is confident the Senate…
By Wole Oye, ABUJA After weeks of uncertainty, the Presidency has announced that the board of the Niger Delta Development Commission, NDDC, would be reconstituted and inaugurated after completion of the ongoing forensic audit of the commission. This development suggests that the recently confirmed but yet to be inaugurated Dr Pius Odubu-led NDDC Board may have been jettisoned by the Presidency. A statement by Presidential Media Adviser, Femi Adesina, Thursday, says the Interim Management Team set up by the Minister of Niger Delta, Godswil Akpabio, would continue to run affairs at the NDDC pending completion of the forensic audit. “President…
President Muhammadu Buhari felicitates with oil and gas industry investor, Chief (Dr) Leemon Ikpea, as he turns 63 on December 19, 2018. The President applauds the dint of hard work and grace of God, which brought Chief Ikpea from modest beginnings to the topmost rungs of the business ladder today. President Buhari notes that Lee Engineering and Construction Company, of which Chief Ikpea is Chairman/Chief Executive Officer, is one of the home-grown investors in the oil and gas industry, thus proving that Nigerians can hold their own in the highly technical sector. The President rejoices with family, friends and associates…
It is no more news that Dangote Cement Plc. is one of the two companies that made the first batch to receive their Tax Credit Certificates issued by Federal Inland Revenue Service (FIRS) in line with the Executive Order Number 007. The Executive Order is for the Road Infrastructure Development and Refurbishment Investment Tax Credit Scheme that was earlier in the year signed by President Muhammadu Buhari. It would be recalled that the Scheme is an initiative of the Federal Government to incentivize private investment of over N205 billion in critical roads and bridges nationwide. Therefore, the essence of the…
Buhari, is N37bn largesse to NASS reward for being rubber stamp legislature? By Fredrick Nwabufo
Former President Olusegun Obasanjo is one person who has felt the sting of the avarice of the national assembly. At different points, he described the institution in blackened terms. Though the former president may hold a provincial grudge against the legislature for ‘’obvious reasons’’ – the botched third-term agenda — the institution is just as he has daubed it. On November 26, 2014, at the book launch of the late Justice Mustapha Akanbi in Abuja, Obasanjo evoked pejoratives on the national assembly. He said it was an ‘’assembly of thieves and looters’’.He airbrushed the iniquities of the legislature with a…
By Tony Obiechina, Abuja The Federation Accounts Allocation Committee (FAAC) has shared a total of N635.826 billion to the three tiers of government for the month of November 2019. This was announced at end of the FAAC meeting chaired by the Permanent Secretary, Federal Ministry of Finance, Budget and National Planning, Mahmoud Isa-Dutse, in Abuja on Wednesday. The N635.826 billion was the total of revenues from the Statutory Revenue, Value Added Tax (VAT), Exchange Gain and Forex Equalization. The FAAC announced that as at 18th December 2019, the balance in the Excess Crude Account was $ 324.539 million. The gross…
The South-West chapter of the Peoples Democratic Party (PDP) has hailed the verdict of the Supreme Court over the March 9, 2019 governorship election that produced the party’s gubernatorial standard-bearer in Oyo State, Engineer Seyi Makinde as the winner. The apex court had, on Wednesday, validated the ruling of the Election Petition Tribunal that declared Makinde winner of the election and duly threw out the petition of the opposition All Progressives Congress (APC). In a statement signed by the party’s South-West Publicity Secretary, Ayo Fadaka, it’s National Vice Chairman, South-West Zone, Dr. Eddy Olafeso; Zonal Executives, leaders and entire members…

