Aliko Dangote, founder and president/chief executive of the Dangote Group, says he believes that the Ajaokuta steel company will never work. Mr Dangote, in a video shared on the TVC X handle on Tuesday, emphasised the importance of a thriving steel industry for national development but believes Ajaokuta’s challenges make its success unlikely. He likened…
GISTSMATE MEDIA reports that President Bola Ahmed Tinubu has announced the approval of two appointments into his administration. In a statement on Monday, his Special Adviser on Information and Strategy, Bayo Onanuga, announced that Ms. Rinsola Abiola has been named Director-General of the Citizenship and Leadership Training Centre (CLTC). Abiola, a specialist in strategic communication…
The Obidient Movement has accused one time National Chairman of the Labour Party (LP), Barr. Julius Abure of sending thugs to physically attack a social media activist, Ms. Precious Oruche, aka “Mama P”, a known supporter of the 2023 Presidential candidate of the LP, Mr. Peter Obi. In a statement it signed, in Abuja, late…
A suspected internet fraudster, who allegedly killed an operative of the Economic and Financial Crimes Commission (EFCC) during an arrest operation in Anambra, has been detained, TheCable reports. An official of the anti-graft agency told TheCable that the suspect opened fire on the EFCC operatives during an operation on Friday, killing an operative in the…
The Economic and Financial Crimes Commission (EFCC) has arraigned a husband and wife, identified as, Baba Sule Abubakar Sadiq and Hafsat Kabir Lawal, along with two others, Abdullahi Bala and Ladani Akindele, over allegations of fraud amounting to N197,750,000 through false pretence. According to EFCC, the suspects allegedly impersonated the wife of the Katsina State…
The police have confirmed that two of their officers were shot dead by unknown gunmen during an attack on a police station on Wednesday in Enugu State, Nigeria’s South-east. The incident occurred in Adani Police Station, Uzo-Uwani Local Government Area, the police spokesperson in the state, Daniel Ndukwe, said in a statement. Mr Ndukwe, an…
The Executive Secretary of the Tertiary Education Trust Fund (TETFund), Sonny Echono, has explained why the agency suspended its foreign scholarship programme for lecturers in public tertiary institutions. Echono said the scholarship programme for lecturers was discontinued because it had become financially unsustainable, citing high foreign exchange rates and the growing number of beneficiaries who…
On Friday, a Jos Magistrates’ Court sentenced a 22-year-old trader, Shederack Danlami, to four months’ imprisonment for stealing two chickens. Magistrate Shawomi Bokkos summarily tried and sentenced the convict after he pleaded guilty to the charge. In her judgment, the magistrate gave the convict an option of a fine of N20,000. She also ordered him…
Nigeria has approached the World Bank for a fresh $10.50m loan to enhance the Central Bank of Nigeria’s technical capacity and modernise the country’s domestic payment infrastructure. According to information exclusively obtained from the World Bank website on Thursday by The PUNCH, the proposed CBN Technical Assistance Facility seeks to support integrating innovative technologies and…
A commercial vehicle driver, Kazeem Ayegbo, has been arrested following the discovery of suspected human parts in his vehicle during routine stop-and-search along the Lagos–Ibadan Expressway near Guru Maharaji Village. Oyo State Police Command spokesman, DSP Olayinka Ayanlade disclosed this in a Saturday statement. Ayanlade said operatives of the Federal Highway Patrol intercepted the commercial…
