Author: Citynews

THE Senate has approved President Bola Tinubu ‘s loan request of $500,000,000 for the Bureau of Public Enterprises, BPE for the metering of citizens to improve financial and technical performance of Electricity distributions companies. The World Bank loan is Nigeria Distribution Sector RecoveryProgram (DISREP) of $500,000,000. The approval yesterday was sequel to the consideration of the report of the Senator Aliyu Wammako, APC, Sokoto North led Senate Committee on Local and Foreign Debts 2022 – 2024 External Borrowing (Rolling) Plan for the Bureau of Public Enterprises (BPE). Presenting the report, Vice Chairman of the Committee, Senator Haruna Manu, PDP Taraba…

Governor Babajide Sanwo-Olu of Lagos State has announced the passing of his Deputy Chief of Staff, DCoS, Gboyega Soyannwo. Soyannwo died on Wednesday, after a brief illness. He was aged 55. The death was announced in a statement by state Commissioner for Information and Strategy, Mr Gbenga Omotoso. The statement reads, “With deep sorrow, the Lagos State Government announces the passing of the Deputy Chief of Staff (DCoS) to Mr. Governor, Mr. Gboyega Soyannwo. “Soyannwo died today after a brief illness. He was 55. “Mr. Governor, Babajide Sanwo-Olu, on behalf of the Government and people of Lagos, sends his condolences…

The Lagos State Police Command says popular street music star Habeeb Okikiola, popularly a.k.a. Portable, will remain in detention pending when he’s able to produce a reliable surety before he can be granted bail. This was made known by the command’s spokesperson, Benjamin Hundeyin. “He has presented no reliable surety yet, so he (Portable) is still with us,” Hundeyin said. Portable was earlier arrested for allegedly refusing to pay the N14 million debt he incurred when he bought a G-Wagon from a car dealer in Lagos. However, a signed letter of undertaking by Portable has surfaced online, indicating that he…

The Edo Police Command has disclosed that Musa Suleman, who posted his four-year-old daughter’s sensitive photos online will soon be arraigned in court. The spokesperson for the state police command, Chidi Nwabuzor, said in a telephone interview on Tuesday. Suleman was arrested on Sunday for posting half-naked pictures of the minor via her recently deactivated Instagram account, @officialsarah_ig , as she posed erotically and engaged in adult content. In a viral video, the suspect admitted during an interrogation by the police that he was the handler of the page and that his motive was to make her famous on social…

Aviation unions, including the National Union of Air Transport Employee Association of Nigeria, the Association of Nigerian Aviation Professionals, and the Amalgamated Union of Public Corporations and Technical and Recreational Employees, have instructed Nigeria Meteorology Agency staff to begin strike action on Monday, May 20, 2024. This was disclosed in a letter dated 14 May 2024, obtained by our correspondent on Wednesday. The strike stems from management’s failure to address 45 months of minimum wage arrears and consequential adjustments for staff members. The union, represented by the three General Secretaries: Ocheme Aba, Abdulrasaq Seidu, and Waheed Sikiru, wrote a letter…

The embattled former Governor of the Central Bank of Nigeria, CBN, Mr. Godwin Emefiele, on Wednesday, pleaded not guilty to the allegation that he unlawfully printed Naira Notes while he held sway at the apex bank. The Economic and Financial Crimes Commission, EFCC, alleged that Emefiele had without authorization from former President Muhammadu Buhari, printed N684million Notes with the total sum of N18.96billion. Besides, the anti-graft agency accused the former CBN boss of unlawfully approving the withdrawal of about N124.8bn from the consolidated revenue fund. According to the EFCC, the defendant, acting in violation of law and “with intent to…

President Bola Ahmed Tinubu, with his recent order to suspend the cyber security levy proposed by the Central Bank of Nigeria has proven that the advice of prominent Nigerians like Primate Elijah Ayodele is being utilized by the government. The federal government has made policies that appear not to be people-friendly and the cyber security levy which will allow a deduction in every financial transaction made by Nigerians was another of those policies perceived as insensitive due to the current hardship. On its emergence, Primate Ayodele, a prominent and respected man of God, advised the government not to go ahead…

  …Demands N1.5bn as damages Former Chief Risk and Compliance Officer and Senior Vice President (SVP), Nigeria Inter-Bank Settlement System Plc (NIBSS), Temidayo Adefemi Adekanye, has alleged that he was sacked by his ex-employer for raising the alarm over financial misappropriation in the company. He made the revelation in the Statement of Material Fact attached with a N1.5 billion damage suit slammed on NIBSS at the National Industrial Court, Lagos. He is praying the court to declare that termination of his employment by NIBSS on January 15, 2024, was unlawful, wrongful and unjustified. He sought an order of court “reinstating…

By Adeyemi Obadimu Arsenal’s hopes of clinching the Premier League title were dashed as Manchester City defeated Tottenham Hotspur 2-0 in a crucial match on Tuesday 14th of May 2024. Despite a strong start to the season, Arsenal’s title ambitions took a blow as Manchester City asserted their dominance with a convincing victory over their rivals. The defeat leaves Arsenal trailing behind in the title race and facing an uphill battle to catch up with the league leaders. Arsenal fans were left disappointed as their team failed to secure a crucial victory against Aston villa that would have kept their…

—-Says Ogun Governor is the leader of APC in Ogun state. Senator Solomon Adeola, the senator representing Ogun West Senatorial District has stated that there is no competition or any rilvary between him and the governor of the state, Prince Dapo Abiodun over issues of party politics and governance of the state as they are on the same page for the development of Ogun State. Senator Adeola, who was reacting swiftly to a speculative story published by an online medium, SocietyNow.ng titled “ Dapo Abiodun, Adeola Yayi Battle for Support of Ogun APC Members” said that governor is the leader…