Day: April 30, 2021

Reports alleging NNPC in Financial Straits Fake – Obateru

Efe Wellington

NNPC insists on N112bn deduction from Remittance to the Federation Account, says Revenue Projection in Letter to AGF Not Reflection of Financial Standing   The Nigerian National Petroleum Corporation (NNPC) has clarified that the revenue projection contained in the letter to the Accountant General of the Federation being cited in the media pertains only to the Federation revenue stream being managed by the Corporation and not a reflection of the overall financial performance of the Corporation. A press release by the Corporation’s spokesman, Dr. Kennie Obateru, stated that the clarification…

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Electrocution: IBEDC takes Safety Sensitisation to Motor Parks

Gbenga Adeoti

  As the world commemorates the 2021 World Safety and Health Day, the Ibadan Electricity Distribution Company (IBEDC) has charged motorists on safety tips to avoid electricity hazards. The event tagged Domestic Safety Sensitisation was, according to a statement sent to Platforms Africa, held at Egbeda Interstates Motor Park, in Ibadan. In his address, the IBEDC Chief Operating Officer Mr John Ayodele, represented at the event by Mr Victor Ojelabi enjoined commercial motorists to adhere strictly to domestic safety regulations to avoid electricity hazards. He said “the park management system…

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Mourinho Lands New Job One week after Tottenham Sack

Lukman Olasunkanmi

  Jose Mourinho has landed a punditry role with talkSPORT. This comes just over a week after he was dismissed as Tottenham Hotspur manager. The 58-year-old was sacked six days before Spurs played Manchester City in the Carabao Cup final. Despite getting paid £20m in compensation from Spurs, Mourinho has now taken up a new role with talkSPORT and admitted he “misses football already.” In a clip posted to the broadcaster’s Twitter page, Mourinho said: “I am totally absorbed by football. I just love to work. “In this moment, I…

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How Minister, top officials looted $7.95m COVID-19 funds in Malawi

Aoko Benjamin

  Malawi bans travel to India, arrest 64 officials over “stealing of $1.3m” through procurement and allowances irregularities. At least 64 people have been arrested in connection with the misuse of funds meant to fight the coronavirus in Malawi, police said on Wednesday. About $7.95 million had been put towards the country’s Covid-19 response. Labour Minister Ken Kandodo reportedly borrowed about $760 from the Covid-19 funds to use as his allowance when he accompanied the President on his first official visit to South Africa in November last year. Malawi Police…

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Council bosses, Councillors abscond from LGAs, Wards as Insecurity worsens

Precious Ibekwe

  Governor directs all chairmen of 17 LG areas, their deputies and 260 elected councillors “to immediately and permanently relocate to their respective local government areas and wards.”   The rising insecurity in Nigeria has taken a new twist as Local Government Chairmen, deputies and Councillors have absconded from homes and offices in their Local Government Areas and wards for safety. Committed to ensuring adequate security of lives and property of residents of one of the affected states, Enugu State, and in view of the emerging security situation in the…

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How Gunmen Kidnapped Nigerian Professor, Demanded N18m in Place of His Life

Aliyu Aliyu

    A Professor of Engineering and former Head of the Department of Mechanical Engineering at Ambrose Alli University, Ekpoma, Prof. Osadolor Odia, has been reportedly abducted by gunmen. ‎ He was said to be on his way to his farm at Egoro, Ekpoma, on Thursday morning, when the incident occurred.‎ ‎ A source at the university, who pleaded anonymity, stated that the news of the Professor’s abduction threw the school into a panic. “I can confirm that Prof. Osadolor Odia was kidnapped today (on Thursday) on his way to…

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How FirstBank’s Boardroom War Consumed 1st female Chairman, Awosika, Others

Precious Ibekwe

  Here are the full names of winners and losers in one of Nigerian financial industry’s biggest boardroom tussle   RELATED NEWS:CBN kicks as Messy Boardroom Crisis Rocks FirstBank + Link to Oba Otudeko https://platformsafrica.com/2021/04/29/cbn-kicks-as-messy-boardroom-crisis-rocks-firstbank-link-to-oba-otudeko/ CBN wields big stick, fires all Directors of First Bank  https://platformsafrica.com/2021/04/29/just-in-cbn-wields-big-stick-fires-all-directors-of-first-bank/   The Central Bank of Nigeria on Thursday, wielded its big stick on one of Nigeria’s oldest banks, First Bank of Nigeria Limited, and sacked all the board members of the bank including its Chairman, Board of Directors, Ibukun Awosika. Awosika was appointed First…

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