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Zamfara
Headlines

Four Die As Boat Sinks in Bukkuyum, Zamfara

by Nelson Ugwuagbo September 18, 2024
written by Nelson Ugwuagbo

A devastating boat accident in Zamfara State has claimed four lives, marking the second tragic incident in the state within a week.

The accident occurred on Tuesday at Mashayar Garba Rogo in Bukkuyum town, Bukkuyum Local Government Area, where a boat carrying over 50 passengers overturned.

According to resident Muhammad Usman, the boat capsized, resulting in the drowning of four children. Two bodies have been recovered, while two others remain missing. Twelve survivors are currently receiving medical attention at Bukkuyum General Hospital.

Babangida Usman, one of the survivors, recounted that the boat was primarily carrying small children and a few adults attempting to cross the river to access their agricultural lands. He described how the boat began to behave erratically during the voyage, ultimately capsizing despite the captains’ efforts to regain control.

“We rescued 12 children and some adults, but sadly, four people died,” Babangida said. “We recovered two bodies, but the remaining two are still missing.”

Hon. Nasiru Muhammad, Sole Administrator of Bukkuyyum Local Government, attributed the incident to overloading, anxiety, and failure to adhere to boat safety guidelines.

“The government is providing care for the 12 rescued victims at Bukkuyum General Hospital,” Muhammad said. “Measures will be taken to prevent a recurrence of such incidents. Experts are currently searching the river for the two missing passengers.”

September 18, 2024 0 comments
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Yahaya Bello
Headlines

BREAKING: Yahaya Bello Not in Our Custody – EFCC

by Nelson Ugwuagbo September 18, 2024
written by Nelson Ugwuagbo

The Economic and Financial Crimes Commission (EFCC) has denied reports that former Kogi State Governor Yahaya Bello is in its custody.

According to EFCC spokesperson Dele Oyewale, Bello remains wanted due to allegations of N80.2 billion money laundering charges. A subsisting warrant for his arrest is still in effect.

The EFCC had previously declared Bello wanted, and his status remains unchanged. The commission’s latest statement aims to correct misleading media reports suggesting Bello was in their holding facility.

Bello’s alleged involvement in financial irregularities led to the EFCC’s investigation and subsequent warrant. The commission continues to seek his apprehension to face the charges against him.

Details Later…

September 18, 2024 0 comments
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Elon
Headlines

Elon Musk’s Neuralink Invents Device To Cure Blindness

by Nelson Ugwuagbo September 18, 2024
written by Nelson Ugwuagbo

Elon Musk’s brain-chip startup, Neuralink, has secured the US Food and Drug Administration’s (FDA) prestigious “breakthrough device” designation for its groundbreaking implant, Blindsight.

This innovative device aims to restore vision in individuals with complete or partial blindness, including those with non-functional optic nerves.

Neuralink shared the exciting news on its X page, inviting interested individuals to join its Patient Registry and explore career opportunities. “We have received Breakthrough Device Designation from the FDA for Blindsight,” the company announced. “Join us in our quest to bring back sight to those who have lost it.”

The FDA’s breakthrough designation is reserved for medical devices that treat or diagnose life-threatening conditions, accelerating their development and review, according to Reuters.

This recognition underscores the potential of Blindsight to revolutionize treatment for severe blindness cases.

Elon Musk took to his X social media platform to elaborate on Blindsight’s capabilities. “The Blindsight device from Neuralink will enable even those who have lost both eyes and their optic nerve to see,” Musk wrote.

He emphasized that individuals born blind, with an intact visual cortex, can also gain sight through this technology.

Musk tempered expectations by noting that initial visual resolution will be low, comparable to “Atari graphics.”

However, he predicted that Blindsight’s potential will eventually surpass natural vision, enabling users to perceive infrared, ultraviolet, or even radar wavelengths, echoing the advanced vision of Star Trek’s Geordi La Forge.

Founded by Elon Musk in 2016, Neuralink is pioneering innovative brain-computer interfaces to transform treatments for neurological disorders.

The FDA’s breakthrough designation brings Neuralink closer to realizing its vision of improving lives through cutting-edge technology.

September 18, 2024 0 comments
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Ogun
Headlines

Pensioners Laud Ogun Governor for N5.3 Billion Payment, Seek Pension Increase

by Nelson Ugwuagbo September 18, 2024
written by Nelson Ugwuagbo

The Nigeria Union of Pensioners (NUP), Ogun State Chapter, has commended Governor Dapo Abiodun for releasing N5.3 billion in gratuities owed to pensioners by previous administrations.

In a letter dated September 17, jointly signed by Chairman Waheed Oloyede and Secretary Bola Lawal, the union expressed deep appreciation for the governor’s commitment to addressing the financial entitlements of elderly retirees.

The NUP described the release of funds as a “much-needed relief” for pensioners who have long awaited payment of their gratuities. They also praised the state government’s consistent and prompt payment of monthly pensions, enabling pensioners to plan for essential medications and healthcare.

Additionally, the union acknowledged various palliative measures implemented by the Abiodun administration, providing relief for pensioners amid economic challenges.

However, the pensioners appealed for further adjustments to their pensions, specifically requesting a consequential increase for long-standing retirees, in line with the 2019 Federal Government Circular.

The NUP described current pensions as “paltry” and insufficient to cover basic healthcare costs. They urged Governor Abiodun to ensure pensioner representation alongside organized labor in forthcoming negotiations on a new national wage increase.

September 18, 2024 0 comments
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CBN
Headlines

CBN To Maintain Controversial Cybercrime Levy Despite Economic Hardship

by Nelson Ugwuagbo September 18, 2024
written by Nelson Ugwuagbo

The Central Bank of Nigeria (CBN) has confirmed that it will continue to enforce the cybercrime levy of 0.005% on all electronic transactions in the 2024-2025 fiscal year.

This levy, introduced under the Cybercrime Act of 2015, aims to enhance Nigeria’s cybersecurity infrastructure by allocating a small percentage of fees from electronic transactions to improve cybercrime prevention and prosecution.

The levy has been a subject of controversy, with stakeholders debating its impact on financial transactions and effectiveness in boosting cybersecurity.

Critics argue that it increases transaction costs and burdens consumers and businesses. Notably, business associations and financial institutions have expressed concerns about the levy’s timing, given the prevailing economic challenges.

Despite criticism, the CBN has emphasized the levy’s importance in strengthening Nigeria’s cyber defense capabilities, crucial in today’s era of rising digital threats and cybercrime.

To address concerns about transparency and accountability, the bank has committed to improving reporting on how the levy funds are spent.

Key Provisions of the Levy:

Levy Application: A 0.005% levy on all electronic transactions, including online payments and electronic fund transfers.

Implementation Process: Financial institutions will deduct the levy at the point of electronic transfer origination.

Remittance Procedure: Monthly remittances to the National Cybersecurity Fund account domiciled at the CBN.

Exemptions: 16 specific transactions, such as loan disbursements and repayments, salary payments, and intra-account transfers.

The CBN has issued guidelines for the levy’s implementation, which takes effect at the beginning of the fiscal year.

September 18, 2024 0 comments
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Headlines

Obaseki announces N1 billion grant to market women few days to Edo election

by Folarin Kehinde September 18, 2024
written by Folarin Kehinde

Ahead of the Edo governorship election set for next Saturday, Governor Godwin Obaseki has announced plans to distribute one billion naira as grants to traders in the state.

The governor said the financial support comes as a token of appreciation for the market women’s loyalty and backing of his administration over the years.

Governor Obaseki made the declaration during an annual gathering in Benin, hosted by Edo market women in his honor.

He stated that the distribution would be handled transparently, in collaboration with market women leaders, to ensure fairness.

Obaseki also hinted that if Dr. Asue Ighodalo, the People’s Democratic Party (PDP) candidate for the upcoming election, is elected, he would double the grant.

“I am deeply grateful for the support you’ve shown throughout my tenure,” Obaseki said.

He further expressed appreciation for their pledge to support Ighodalo in the upcoming election.

In her response, Madam Blacky Ogiemen, leader of the market women, praised the Obaseki administration for its achievements and reaffirmed their loyalty to the PDP.

She stated that the traders have already resolved to cast their votes for Ighodalo, confident in his ability to build on Obaseki’s legacy.

“The Edo State Women Traders have always been supportive of the government, and we promise to continue even after your tenure,” Ogiemen said.

September 18, 2024 0 comments
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Headlines

BREAKING: Former Kogi Governor Yahaya Bello surrenders to EFCC

by Folarin Kehinde September 18, 2024
written by Folarin Kehinde

Former governor of Kogi State, Yahaya Bello, has honoured an invitation from the Economic and Financial Crimes Commission (EFCC) amidst allegations of money laundering and corrupt practices to the tune of N80.2 billion.

Bello was declared wanted by the EFCC but has maintained that he respects the rule of law and constituted authority.

According to a statement from his media office, Bello’s decision to honour the EFCC invitation was made after consulting with his family, legal team, and political allies.

He said that he had only sought to enforce his fundamental human rights to ensure due process.

The statement reads in part: “The case has been before a competent court of jurisdiction, and Alhaji Yahaya Bello had been duly represented by his legal team at every hearing. It is important for the former Governor to now honour the invitation of the EFCC to clear his name as he has nothing to hide and nothing to fear.

“The former Governor believes firmly in the efforts of the administration of President Bola Ahmed Tinubu to place Nigeria on the path of sustainable economic development; supports the fight against corruption in the country.

“It is on record that he was the first Governor of Kogi State to put in place an anti-corruption mechanism to check graft and ensure that the resources of the State work for the people of the State.

“He was accompanied to the EFCC Headquarters by high-profile Nigerians.

“It is our hope that the Commission will be as professional as necessary and respect his fundamental rights as a citizen of the Federal Republic of Nigeria.

“Details of his engagement with the operatives of the Anti-Graft Agency will be disclosed later.”

September 18, 2024 0 comments
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Soludo
Headlines

Gov Soludo Sacks Anambra Commissioner of Information, Paul Nwosu

by Nelson Ugwuagbo September 17, 2024
written by Nelson Ugwuagbo

Anambra State Governor, Professor Chukwuma Soludo, has sacked Commissioner for Information, Mr. Paul Nwosu, citing incompetence as the primary reason. 

Nwosu, who held the position since Soludo administration began in 2022, was relieved of his duties on Tuesday.

A source close to the matter revealed that Nwosu’s removal was due to his failure to effectively manage his portfolio. 

During his tenure, Nwosu reportedly had a limited presence in public engagement, failing to hold press conferences or maintain regular communication with journalists.

Mr. Law Mefor has been nominated to replace Nwosu, pending confirmation by the Anambra State House of Assembly. Mefor’s appointment is expected to be approved shortly.

Despite his dismissal, Nwosu claimed his departure was voluntary, citing personal reasons. 

He stated that he had served for eight years under former Governor Willie Obiano’s administration and continued in Soludo’s government, but sources dispute this claim.

For more information on this development, you may want to check online news platforms or government announcements for updates.

September 17, 2024 0 comments
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Dangote
Headlines

“Nigeria Can’t Depend on Dangote Refinery Alone” – Petrol Marketers

by Nelson Ugwuagbo September 17, 2024
written by Nelson Ugwuagbo

Nigeria’s petroleum marketers have expressed concerns that the country cannot rely solely on Dangote Refinery to meet its daily Premium Motor Spirit (Petrol) consumption.

According to Billy Gillis-Harry, President of the Petroleum Products Retail Outlets Owners Association (PETROAN), the refinery’s daily production of 25 million liters is insufficient to satisfy Nigeria’s daily consumption of 50 million liters.

The Nigerian National Petroleum Company Limited (NNPCL) recently released a price list for Dangote Petrol, indicating a significant price hike to around N950 and N1,019.22 per liter in NNPCL outlets.

Gillis-Harry attributed the country’s inability to depend on Dangote Refinery to the high cost of its petrol and the limited quantity of supply.

He noted that Dangote Refinery’s production is less than one cargo, equivalent to 15,000 metric tonnes.

Gillis-Harry’s statement comes amid the controversy surrounding Dangote Refinery’s petrol price and the impending pump price hike.

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) reported that Nigeria’s daily petrol consumption has surged to 50 million liters, up from 46.38 million liters in July 2023.

This increase has raised concerns about the country’s ability to meet its petrol demands.

The situation is further complicated by the return of smuggling activities fueled by subsidy payments.

Industry experts argue that deregulating petrol pricing and allowing the market to determine the pump price could help address the scarcity and smuggling issues.

However, with NNPCL enjoying sole importer status and advantageous foreign exchange rates, marketers struggle to compete.

September 17, 2024 0 comments
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Headlines

BREAKING: Fubara suspends Rivers LGA caretaker committee chairman

by Folarin Kehinde September 17, 2024
written by Folarin Kehinde

The Rivers state governor, Siminialayi Fubara, has suspended the local government committee chairman of the Akuku-Toru local government area, Otonye Briggs.

Fubara in a statement signed on Tuesday, September 17, by his chief press secretary, Nelson Chukwudi, said Briggs had been suspended with immediate effect.

The governor directed Bitebobo Nelson Amieye, to immediately take over as the caretaker committee chairman of the council.

Fubara ordered Briggs to hand over all council property in his possession to the new chairman.

September 17, 2024 0 comments
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