Month: May 2024

DisCos Remit N188.70Bn To NBET, MO In 3 Months

ADEOLA YUSUF

“Eko Disco number 1, Kaduna Disco number 11,” Here is Who-pays-what List of remittances by 11 DisCos   The eleven (11) Electricity Distribution Companies (DisCos) in Nigeria paid N188.70 billion to the Nigerian Bulk Electricity Trading (NBET) Plc and the Market Operator (M0) in the third quarter of 2023. Platforms Africa reports that the payment is 69.88 percent of the total invoices of N270.05 billion issued for electricity purchased from Generation Companies (GenCos) and supplied to electricity consumers in the quarter. This was revealed in the fourth quarter Q3,23, statutory…

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Labour Party Suspends National Chairman Abure For Anti-party Activities

ADEOLA YUSUF

The national chairman of the Labour Party, Julius Abure has been suspended over alleged anti-party activities. He was suspended by the LP in Ward 3 in Arue-Uromi, in Esan North-East Local Government Area of Edo State. Letter of his suspension dated May 14, 2024, was approved on Friday night by the state executive committee in Benin. The suspension letter was signed by the Chairman of the Ward, Thompson Ehiguese, and the Ward Secretary, Stanley Usiomoh. READ ALSO Sanwo-Olu, Cabinet Members Visit Obasa Over Father’s Demise Kano Gov Orders Deposed Emir…

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Sanwo-Olu, Cabinet Members Visit Obasa Over Father’s Demise

ADEOLA YUSUF

– Governor presents condolence letter to Speaker – Obasa says Lagos Assembly is governor’s support base     Governor Babajide Sanwo-Olu on Friday led members of his cabinet to the Agege home of the Speaker of the Lagos State House of Assembly, Rt. Hon. Mudashiru Ajayi Obasa, on a condolence visit over the demise of Alhaji Suleimon Atanda Obasa. Alhaji Suleimon Obasa, father of the Speaker, passed away on Tuesday at 83 with Governor Sanwo-Olu describing the incident as shocking especially as he was hale and hearty a few days…

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Kano Gov Orders Deposed Emir Ado Bayero’s Arrest

ADEOLA YUSUF

The crisis rocking the Kano traditional institution took a turn for the worse on Saturday with the Governor of Kano State, Alhaji Abba Kabir Yusuf, ordering the immediate arrest of the deposed Emir of Kano, Aminu Ado Bayero. The order was contained in a statement on Saturday by the Director General, Media and Publicity, Government House, Kano, Sanusi Tofa. The governor said Bayero should be arrested for allegedly creating tension in the state. The statement titled, ‘Gov. Yusuf Orders Arrest of Deposed Emir of Kano Aminu Ado Bayero,’ read: “The…

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NALDA Distributes Agricultural Inputs To 1,000 Farmers In Lagos, Nasarawa

ADEOLA YUSUF

In line with ongoing efforts to ensure the availability of staple food for Nigerians, the National Agricultural Land Development Authority (NALDA) has distributed agricultural inputs to farmers in Nasarawa and Lagos states. The distribution of agricultural inputs is aimed at assisting farmers across the country in maximizing crop cultivation for improved yields and increased food production. Accredited beneficiaries of the empowerment programme received a NALDA-branded bag containing maize seeds for Lagos, beans seeds for Nasarawa, herbicides, Pesticides, Fungicides, and fertilizer in each pack. The inputs were distributed with each State’s…

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Court Seizes N830m, $4.7m, Properties Linked To Emefiele

ADEOLA YUSUF

The Federal High Court in Lagos has ordered an interim forfeiture of the sums of $4,719,054, N830,875,611, and several properties linked to the former governor of the Central Bank of Nigeria, Godwin Emefiele. Justice Yellim Bogoro of the court made the order on Thursday, following an ex-parte application filed by Economic and Financial Crimes Commission counsel Bilkisu Buhari and C.C Chineye. Justice Bogoro, after taking the lawyers’ submission, held: “I have listened to the submission of the applicant’s counsel and also perused the motion just moved, together with the affidavit…

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AI Will Take All Our Jobs, Elon Musk Says

ADEOLA YUSUF

“Probably none of us will have a job,” Full speech of what Musk said at VivaTech 2024 in Paris   Elon Musk says artificial intelligence will take all our jobs and that’s not necessarily a bad thing. “Probably none of us will have a job,” Musk said about AI at a tech conference on Thursday. While speaking remotely via webcam at VivaTech 2024 in Paris, Musk described a future where jobs would be “optional.” “If you want to do a job that’s kinda like a hobby, you can do a…

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University of Ibadan Ex-VC, Prof. Ayo Banjo, Is Dead

ADEOLA YUSUF

‘Just few weeks after his 90th birthday,’ What to know about the Emeritus Professor of English Language and his last hour     The former vice-chancellor, University of Ibadan, Emeritus Prof. Ayo Banjo, is dead. Banjo died weeks after his 90 th birthday, Platforms Africa reports as a source in the university confirmed his demise. Renowned for his contributions to the development of the English Language curriculum in Nigeria and the promotion of Nigerian varieties of English, Banjo is the former Chairman of the Board of the National Universities Commission.…

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Kano Emir: ‘Judge Gave Order From His Bedroom In US,’ Gov Speaks

ADEOLA YUSUF

. ‘Sanusi Lamido Sanusi now fully in charge,’ Governor Abba Kabir Yusuf hands reinstatement letter to CBN ex-governor as Emir of Kano Governor Abba Kabir Yusuf of Kano State has vowed to report what he described as the abuse of court orders to the Nigeria Governors’ Forum. He said this while reacting to the court order which restrained the reinstatement of Sanusi and restrained the dethronement of five Emirs in the state. Justice Abdullahi Muhammad Liman of the Federal High Court, Kano, had granted an interim injunction restraining the Inspector…

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BREAKING: Xavi Sacked As Barcelona Manager

ADEOLA YUSUF

Spanish football club, Barcelona have announced that Xavi Hernández will not continue as manager of the first team in the 2024-25 season. The club president Joan Laporta made this announcement on Friday, just three weeks after he was reassured of his position, despite having a contract that runs until June 2025. “FC Barcelona would like to thank Xavi for his work as a coach, which adds to an unparalleled career as a player and captain of the team, and wishes him all the luck in the world,” said the club…

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