Month: January 2022

11 Year-Old Catholic School Pupil Dies After Flogging by Teacher

ADEOLA YUSUF

Pupil’s father allegedly collected N200,000 to coverup crime as school ‘s quick burial of corpse raises question  The management of a Catholic Church School in Onitsha, Anambra State has been accused of trying to cover up the case of a student who died after he was allegedly beaten by a teacher. It was gathered that 11-year-old Izuchukwu Onwualu was a JSS 1 student of St. Valerian School Akpaka, Onitsha, Anambra State. READ ALSO: Couple Arrested for Mobilising Thugs to Beat, Injure Child’s Teacher Man Spends N20m ‘Mistakenly’ Credited To His Account,…

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How IEDM Default in Polaris Bank Loan Caused Asset Takeover in IBEDC, 25 Banks – AMCON

ADEOLA YUSUF

The Asset Man­agement Corpo­ration of Nigeria (AMCON) has given details of how it ex­ecuted the takeover of Integrated Energy Dis­tribution and Marketing (IEDM) Limited, the core investor of Ibadan Elec­tricity Distribution Com­pany (IBEDC), following a default in a loan servicing agree­ment executed with Polar­is Bank. Platforms Africa reports that the agency conveyed the change of baton in the electricity firm in a public notice, where it also disclosed that it had appointed Mr. Osayaba Giwa-Osagie (SAN) to take over the entire undertak­ings, assets of IEDM in­cluding shares and inter­ests in…

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Nigeria Mulls 5m Solar, Mini-grid Power Installation, Inks MoU For 2 States

ADEOLA YUSUF

The Nigerian government has announced plans to install 5 Million Solar Home System (SHS) and Mini-Grid across the country. Platforms Africa reports that the Minister of power, Abubakar Aliyu, who said this during the signing of Memorandum of Understanding (MoU) between the Sokoto and Bauchi state governments, maintained that the solar and mini-grid deal would generate 250,000 jobs to impact over 25 Million beneficiaries across the states in Nigeria. READ ALSO: I Am Angry With State of Nigeria’s Power Sector – Buhari Nigeria suffers N10trn losses to Power Epilepsy in…

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Polaris Bank Spokesman, Rasheed Bolarinwa’s Daughter Graduates from UNILAG

ADEOLA YUSUF

“We love you immensely, Izzi girl, and we laud this educational stride,” proud father celebrates daughter’s BEng.  Honours   Izziyyah, daughter of spokesman for Polaris Bank, Rasheed Bolarinwa, has graduated from the prestigious University of Lagos (UNILAG). Platforms Africa reports that Izziyyah bags a Bachelor of Engineering (BEng.) honours at the prestigious University. An excited Bolarinwa who announced the feat on his Facebook page lauded her daughter’s “educational stride.” READ ALSO: Genius With 8 As in WAEC in 2015, Bags First Class at UNILAG Couple Arrested for Mobilising Thugs to…

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Genius With 8 As in WAEC in 2015, Bags First Class at UNILAG

ADEOLA YUSUF

“Not enough, get entrepreneurial skill,” Nigerian reacts as US-based organisation reaches out to genius  for a possible scholarship.   A young genius Nigerian, Olowookere Victor Oluwaferanmi, who made 8 As in West African Senior School Certificate Examination (WASSCE), has graduated with a First Class honours in Engineering at the University of Lagos. Platforms Africa reports that Olowookere has gone online to showcase his lofty academic achievements made in years with the latest being a 4.86 out of 5.00 CGPA. Making a Twitter post, he shared a photo of his sterling…

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Couple Arrested for Mobilising Thugs to Beat, Injure Child’s Teacher

ADEOLA YUSUF

How the couple with thugs invaded the school in Ado-Odo/Ota Local Government Area to beat teacher black and blue – Police   The Nigerian Police has arrested a couple for allegedly invading Toyon High School, Ere Village, Ado-Odo/Ota Local Government Area of Ogun state with thugs to beat and inflict injuries on their son’s teacher. Platforms  Africa reports that the teacher, Abel Thomas, had reportedly beaten the couple’s ward, Joshua Joseph, a Senior Secondary School (SS3) who later went home to report to his parents. READ ALSO: Man Spends N20m…

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SIMBI WABOTE AND THE BURDEN OF LEADERSHIP, BY KINGSLEY OKEKE

ADEOLA YUSUF

“Mr. Wabote has sued the online platform, which accused him of bribery and corruption, and its publisher in a United States Court in response to the report.”   It was an inspiring speech; indeed, it was not the formulaic expressions often associated with heads of government agencies in Nigeria. But the audience wasn’t expecting anything less from a thoroughbred professional, who has dedicated a more significant part of his life towards promoting local content development across the world. The speech, which was a perfect whisk of hope, present realities, and…

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EKEDC Gets New Chairman, To Consolidate N11bn Monthly Revenue Feat

ADEOLA YUSUF

Meet Oritsedere Otubu, Houston Baptist University Accounting graduate who’ll replace Charles Momoh as Chairman, Board of Directors, EKEDC   Eko Electricity Distribution Company (EKEDC) has announced the appointment of Mr. Oritsedere Dere as its new Chairman. He replaces Mr. Charles Momoh who was the pioneer Chair and is stepping down after 8 years in line with company’s policy and international best practices. Platforms Africa reports that it is expected that Mr. Otubu will consolidate on the gains achieved under Mr. Momoh where monthly revenues climbed steadily from about N2.3b to…

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We’ll Support Fuel Price Hike If…, NLC Lists Conditions for Subsidy End

ADEOLA YUSUF

.NLC, TUC say $9.5bn wasted on refineries in 10 years Key labour unions in Nigeria have declared that they are not against the removal of subsidy and imminent fuel price hike if the government meet some conditions. Platforms Africa reports that the unions met on Tuesday in Abuja where they outlined the conditions the Nigerian Government must meet before it would be allowed to stop subsidising Premium Motor Spirit, popularly called petrol. Officials of the Trade Union Congress, Nigeria Labour Congress, Petroleum and Natural Gas Senior Staff Association of Nigeria,…

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