May 15, 2019

BREAKING: Court Sacks Four New Emirs Appointed By Gov Ganduje

A Kano State high court on Wednesday declared the appointment and the installation of four new emirs by the Kano State government as null and void. It ordered a return to status quo pending the hearing of the suit against the appointment of the emirs. The emirs were installed by the Governor Umaru Ganduje at the weekend following the balkanisation of the century-old emirate by the Kano state government that followed an unusually fast passage of a bill by the Kano State House of Assembly. NEWS FLAKES NG gathers that Ganduje was accused of carrying out a personal vendetta against the Emir of Kano Muhammad Sanusi II in order to [Read]

Stop bribing our men,FRSC warns motorist

The Federal Road Safety Corps has warned motorists to stop bribing men of the Corps. The newly deployed Zonal Commander, Federal Road Safety Corps, Assistant Corps Marshall, Imoh Etuk gave the warning in an interview with newsmen when he paid a familiarisation visit to the Bauchi Sector Command of the FRSC. The FRSC zonal Command comprises of Bauchi, Yobe and Borno Sector Commands. He said the warning became necessary because bribes corrupt the men of the Corps and portray the FRSC in a bad light. He said, “I charged them to be more visible on the highway, to eschew all forms of corruption and to ensure that issues of overloading [Read]

N500bn CBN fraud: Emefiele should be investigated, says Sowore

 The presidential candidate of African Action Congress and publisher of Saharareporters, Omoyele Sowore, on Tuesday called on the Federal Government to sack and arrest the Governor of Central Bank of Nigeria, Godwin Emefiele, for alleged N500bn fraud. NEWSFLAKES NG  gather that he made the call, according to him, based on a leaked audio recording which, he alleged, had implicated the CBN governor. “The country cannot continue to be led by people who are unconcerned about the plight of the suffering masses and are only creative in covering their perfidious tracks. This cannot be allowed to continue. The AAC party demands that the governor steps down immediately and a full scale [Read]

Nigerians should expect petrol price increase, says Rewane

The Managing Director and Chief Executive Officer, Financial Derivatives Company Limited, Mr Bismarck Rewane, has said fuel subsidies are a huge drain on government’s revenue. Rewane stated this in his presentation at the Lagos Business School Breakfast Session on May 8, a copy of which was obtained by our correspondent on Tuesday . He noted that the World Bank put Nigeria ’s total subsidy bill in 2018 at N 731bn , saying, “A gradual reduction in subsidy payments [ is] anticipated . Only N 305 bn set aside for under-recovery in 2019 budget ; expect an increase in the pump price of fuel . “40 per cent shortfall in provision [Read]