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https://www.channelstv.com/2019/08/20/facebook-launches-tool-to-let-users-control-data-flow/ | Facebook, under pressure to ramp up privacy rules across its platform, said on Tuesday it was rolling out a tool allowing users to control data that it receives from other apps and websites about their online activity.
The new tool is to give clients access to their so-called “off-Facebook activity” — fed back to Facebook with the aim of targeting advertisements — and give them the option of deleting it.
“Off-Facebook Activity lets you see a summary of the apps and websites that send us information about your activity, and clear this information from your account if you want to,” it said in a statement.
“This is another way to give people more transparency and control on Facebook,” it said.
Currently, commercial websites visited by a customer who also has a Facebook account may send Facebook details of that visit, prompting the social network to show that person ads related to any product they may have searched for.
With the new Facebook tool, users will be able to see a summary of information that other apps and websites have sent Facebook through business tools such as Facebook Pixel or Facebook log in.
They then have the option of disconnecting this information, or all future off-Facebook activity, from their account.
The new feature will be rolled out first in Ireland, South Korea and Spain, and then everywhere else over the coming months, Facebook said.
“We expect this could have some impact on our business, but we believe giving people control over their data is more important,” it said.
Last month, US regulators slapped Facebook with a record $5-billion fine for data protection violations in a wide-ranging settlement that calls for revamping privacy controls and oversight at the social network.
“We’ve agreed to pay a historic fine, but even more important, we’re going to make some major structural changes to how we build products and run this company,” Facebook’s CEO Mark Zuckerberg said at the time, adding that “we’re going to set a completely new standard for our industry,” he said.
AFP | Facebook Launches Tool To Let Users Control Data Flow | technology | Facebook, under pressure to ramp up privacy rules across its platform, said on Tuesday it was rolling out a tool allowing users to control … Continue reading Facebook Launches Tool To Let Users Control Data Flow |
https://www.channelstv.com/2020/06/25/google-now-auto-deleting-data-for-new-users-in-bid-to-tighten-privacy-settings/ | Google has begun auto-deleting new users’ search data and location history on a rolling 18-month basis, CEO Sundar Pichai announced, as the tech giant moves to tighten privacy settings.
The tweak was introduced Wednesday and is the latest attempt by a big online firm to boost public trust after hefty fines were levied against Facebook and Google for privacy violations in recent years.
“We believe that products should keep your information for only as long as it’s useful and helpful to you,” Pichai said in a blog post, adding that the changes were designed to “keep less data by default.”
When creating a new Google account, “your activity data will be automatically and continuously deleted after 18 months, rather than kept until you choose to delete it,” he explained.
Current users can already opt in to auto-delete their data every three or 18 months — a setting that has not changed, although existing users will be reminded of the option to do so.
Smartphone location technology has been in the spotlight as governments study or implement app-based initiatives to prevent the spread of the coronavirus, despite concerns over privacy and civil liberties.
Pinchai, also head of Google’s parent company Alphabet, asserted that “privacy is at the heart of everything we do” in his blog post.
He detailed other changes including easier access to privacy settings within apps and to the more secure “incognito” mode.
New users of Google’s subsidiary YouTube will also have their search data auto-deleted after 36 months, Pinchai said.
AFP | Google Now Auto-Deleting Data For New Users In Bid To Tighten Privacy Settings | technology | Google has begun auto-deleting new users’ search data and location history on a rolling 18-month basis, CEO Sundar Pichai announced, as the tech giant … Continue reading Google Now Auto-Deleting Data For New Users In Bid To Tighten Privacy Settings |
https://www.channelstv.com/2023/01/24/ogun-pdp-gov-supreme-court-dismisses-jimi-lawals-appeal-others/ | The Supreme Court has dismissed four appeals that emanated from the Ogun state Peoples Democratic Party (PDP)’s governorship legal battle.
The appeals instituted by one of the governorship aspirants, Jimi Lawal and some ward delegates were dismissed on the grounds that they have no cause of action.
Leading a five-man panel of Justices, Justice Kudirat Kekere-Ekun, dismissed the appeals following their withdrawals by the respective lawyers.
In one of the appeals, filed by Tayo Olabode against the PDP governorship candidate in Ogun, Oladipupo Adebutu, the appeal was dismissed on the ground that the delegates who filed the action lacked the legal right to do so.
It was agreed that the delegates who claimed to have been disenfranchised in the PDP primary that produced Adebutu, cannot initiate any court action against the primary since they were not aspirants in the election.
The apex court held that the law is clear that only an aspirant in a primary election conducted for the purpose of nominating candidates for election, can lawfully challenge the outcome and not any other party member.
In another appeal, that was predicated on the failure to serve originating summon on the defendant, the court held that since the aggrieved defendant participated in the matter from the beginning to the end, the issue of service can no longer take the front burner.
Tayo Olabode, who led a team of the ward delegates, had in his suit on behalf of his colleagues, alleged that they were disenfranchised from participating in the governorship primary election.
He specifically requested the court to quash the primary election that produced Adebutu on the ground that unlawful delegates conducted the primary election.
At the day’s proceedings, the Justices put various questions to the lawyers in the appeals, which were answered negatively.
It was unanimously agreed in the open court that notwithstanding the anger of the aggrieved ward delegates, they are not legally permitted to challenge a primary election in which they were not aspirants. | Ogun PDP Gov: Supreme Court Dismisses Jimi Lawal's Appeal, Others | business | It was agreed that the delegates who claimed to have been disenfranchised in the PDP primary cannot initiate any court action against the primary. |
https://www.channelstv.com/2012/05/17/apple-readies-iphone-with-bigger-screen/ | Apple Inc plans to use a larger screen on the next-generation iPhone and has begun to place orders for the new displays from suppliers in South Korea and Japan, people familiar with the situation have revealed.
The new iPhone screens will measure 4 inches from corner to corner, one source said. That would represent a roughly 30 percent increase in viewing area, assuming Apple keeps other dimensions proportional. Apple has used a 3.5-inch screen since introducing the iPhone in 2007.
Early production of the new screens has begun at three suppliers: Korea’s LG Display Co Ltd, Sharp Corp and Japan Display Inc, a Japanese government-brokered merger combining the screen production of three companies.
It is likely all three of the screen suppliers will get production orders from Apple, which could begin as soon as June. That would allow the new iPhone to go into production as soon as August, if the company follows its own precedent in moving from orders for prototypes for key components to launch.
Apple’s decision to equip the next iPhone with a larger screen represents part of a competitive response to Samsung Electronics Co Ltd.
Samsung unveiled its top-of-the line Galaxy smartphone with a 4.8-inch touch-screen and a faster processor earlier this month.
With consumers becoming more and more comfortable using smartphones for tasks they once performed on laptops, like watching video, other smartphone manufacturers have also moved toward bigger displays.
AESTHETICS AND DESIGN
A likely shakeup in the design of a larger-screen iPhone could go a long way in boosting its “wow” factor, convincing fans to trade in their old iPhones for new ones, said Shaw Wu, an analyst at Sterne Agee.
“Not only do users pay for features, but they also pay for aesthetics and design. That’s as important, or more important, than features,” Wu said. “People love the current design — but it’s 18 months old.”
The latest iPhone 4S was introduced in October of last year and essentially has the same form factor as the iPhone 4, launched in 2010.
Samsung, which this year became the world’s largest cell phone maker, sold 45 million smartphones in the first quarter, and sales of the Galaxy phones outstripped the iPhone.
Apple was not immediately available to comment.
Apple’s move toward a larger display for the next generation iPhone was earlier reported by the Wall Street Journal.
In addition to being Apple’s rival, Samsung is also a major components supplier to the U.S. computer, tablet and phone manufacturer.
The share of the production of new screens that go to each of the three manufacturers working with Apple has not been determined, one source said.
Sales of the touch-screen iPhone now account for about one-half of Apple’s total sales, and the phone has been a key source of growth for the company in Asia.
A report in March by a Sout Koreabusiness newspaper said Apple would use a “retina” display on the next iPhone, the same technology in its latest iPad that enhance image quality. | Apple readies iPhone with bigger screen | technology | Apple Inc plans to use a larger screen on the next-generation iPhone and has begun to place orders for the new displays from suppliers in … Continue reading Apple readies iPhone with bigger screen |
https://www.channelstv.com/2019/05/15/security-odumakin-rates-buharis-administration-3-10-says-we-are-losing-the-country/ | Yinka Odumakin, the spokesman for the Yoruba socio-cultural group, Afenifere, has rated the President Muhammadu Buhari administration 3 over 10 in addressing the nation’s security challenges.
Appearing as a guest on Channels Television’s Politics Today, Odumakin decried the state of insecurity, stressing that the citizens may lose the country to bandits if efforts aren’t geared towards tackling the menace.
“I will rate them (the Buhari administration) three over 10 based on the state of insecurity, the whole country is ungovernable.
We must face the brick; we must have a country. We are losing the country at the moment,” he stated.
READ ALSO: Atiku, PDP Doing Everything To Sabotage Buhari, Overheat Polity – Lai Mohammed
Odumakin, a former spokesman to President Buhari, also noted that the fight against corruption hasn’t yielded the desired result.
While recalling the nation’s corruption index by the Transparency International (TI), Odumakin stated that Nigeria was ranked 136.
He, however, lamented that the nation is currently 144, thereby faulting the Federal Government’s claims on the graft war.
“On corruption, in 2014, we were 136 in TI rating. In 2018, we are 144, we have dropped points. So what corruption are we fighting?
“The President used to say that we must secure Nigeria and manage it. So we have to secure the country at the state we are now,” he said.
When asked if he is confident of the second term of the President that begins on May 29, Odumakin responded saying, “The last four years have been what they are, except there is an attempt to retool,” he said. | Security: Odumakin Rates Buhari's Administration 3/10, Says 'We Are Losing The Country' | business | Yinka Odumakin, the spokesman for the Yoruba socio-cultural group, Afenifere, has rated the President Muhammadu Buhari administration 3 over 10 in addressing the nation’s … Continue reading Security: Odumakin Rates Buhari’s Administration 3/10, Says ‘We Are Losing The Country’ |
https://www.channelstv.com/2013/08/27/osun-govt-sponsors-40-youths-to-germany-on-agriculture/ | The Osun state government said it will be sponsoring 40 youths to the state of Saxony-Anhalt, Germany for intensive agricultural training and food production technology, so as to increase food production for local consumption as well as exportation.
The 40 trainees selected after several examinations on merit will sent to Saxony-Anhalt in Germany for intensive course in an agricultural training school where they will be exposed to the rudiments of modern agriculture and food crop production techniques.
At a send-forth ceremony for Batch A of 20 out of the 40 trainees in Osogbo the state capital , Governor Rauf Aregbesola, restated his administration’s commitment to raise agriculture from subsistence to mechanised farming.
Governor Rauf Aregbesola said the state is investing N127m on the first batch of 20 trainees to revolutionise agriculture in the state under the Osun Rural Enterprise and Agriculture Programme (O’REAP).
With the monetary and human capacity Committed by government of the state of Osun into taking farming from subsistence level to modern commercial farming, it is hoped that Osun will very soon be the food basket of the Nation.
The first batch of the trainees will be away in Germany for three months, after which the batch B will proceed for the same duration. | Osun Govt Sponsors 40 Youths To Germany On Agriculture | politics | The Osun state government said it will be sponsoring 40 youths to the state of Saxony-Anhalt, Germany for intensive agricultural training and food production technology, … Continue reading Osun Govt Sponsors 40 Youths To Germany On Agriculture |
https://www.channelstv.com/2022/04/03/2023-buhari-has-laid-a-foundation-i-can-build-upon-yahaya-bello/ | Governor Yahaya Bello has hailed President Muhammadu Buhari for his infrastructure drive and efforts at tackling insecurity. The Kogi State leader says he will build on such a legacy if elected as Nigeria’s president.
The governor said this during an interview on Channels Television’s Sunday Politics. He accused the leading opposition Peoples Democratic Party (PDP) of failure to build infrastructure in the country.
“Today, I am running to build on the successes of President Muhammadu Buhari because of his performance,” the governor said during the current affairs show.
“In 2015, I dare not because there was no foundation whatsoever to build upon. But today under APC, President Muhammadu Buhari has been able to lay the foundation that I can build upon.”
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Governor Bello is one of the serving politicians who have declared interest in running for the presidential seat. He officially declared for the post on Saturday, promising to give hope to Nigerians, transform the economy and raise 20 million millionaires in seven years if elected.
“I mean every bit of it,” the governor re-echoed as he called on Nigerians to look inward for solutions to the problems affecting the country.
The governor referenced the apprenticeship system in the southeast, maintaining that for every challenge facing Nigeria, solutions abound if the nation looks inward.
“Why can’t we in this country develop homegrown solutions to our own problems?” he asked.
He also spoke about the management of resources in the north-central state and dismissed claims that workers are being owed.
According to him, salaries are being paid within the limits of resources available to the government. He maintained that if workers are owed, they would have said so. | 2023: Buhari Has Laid A Foundation I Can Build Upon - Yahaya Bello | business | Governor Yahaya Bello has hailed President Muhammadu Buhari for his infrastructure drive and efforts at tackling insecurity. The Kogi State leader says he will … Continue reading 2023: Buhari Has Laid A Foundation I Can Build Upon – Yahaya Bello |
https://www.channelstv.com/2013/02/05/foreign-investment-in-nigeria-reaches-n800billion/ | Foreign Direct Investments (FDI) in Nigeria has reached a record N800 billion in January this year.
This comes as prominent corporations from the United States of America, Canada, The Netherlands and Turkey increased their investment stakes in the country, in a pace never seen before.
The Central Bank of Nigeria’s figures for third quarter of last year showed that a total of $1.4 billion was injected into the economy through FDI while $4.6 billion came in through portfolio investments, with another $4.7 billion invested in the nation’s capital market.
The current inflows and investment commitments with different gestation periods focus on infrastructure development, construction of power plants for the enhancement of electricity generation, mining, healthcare, agriculture and agro-allied sectors of the Nigerian economy. | Foreign Investment In Nigeria Reaches N800billion | politics | Foreign Direct Investments (FDI) in Nigeria has reached a record N800 billion in January this year. |
https://www.channelstv.com/2016/11/02/professor-urges-federal-government-engage-youths-creatively/ | As part of efforts to address the challenges of unemployment and increasing internal insecurity Nigeria is faced with, Professor Oculi has advised the Federal Government to device ways to creatively engage the nation’s youths.
This was according to a Professor of Political Economy from Uganda, Professor Okello Oculi, while delivering a lecture at the Institute of Security Studies in Abuja.
He said the increasing number of youths engaged in road side hawking are potential tools in the hands of aggrieved politicians.
He therefore opined that engaging them more creatively would enhance productive ventures that would further increase the nation’s wealth.
On the sidelines, Mr Oculi advised the Federal Government to aggressively promote the culture of patronizing ‘made in Nigeria’ goods, as a means of reviving the manufacturing sector and also creating massive employment opportunities for Nigerian youths.
Economic Recession
In the face of the current economic recession, the nation has seen an increase in criminal activities over the last couple of months, as a number of youths in the society, have been engaged in various vices as a means of sustaining themselves.
With various experts, political as well as economic leaders, throwing up various suggestions on how to reflate Nigeria’s economy, the nation hopes to overcome the situation in short while.
In a conference that recently took place in Abuja, a lack of political will, to develop the manufacturing sector of the economy, was one of the major reasons
pointed out for the recession.
Prior to that, many leaders have continuously harped on the need for the government to explore the manufacturing as well as private sectors.
While some have said that the recession may linger over the next couple of years, if the captains of the economic team fail to re-evaluate Nigeria’s economic policies, the IMF on the other hand, predicts that Nigeria could be out of recession by 2017
This analysis which was contained in the October issue of the World Economic Outlook released by the IMF, gave the government as well as Nigerians a ray of hope while working towards national development. | Professor Urges Federal Government To Engage Youths Creatively | politics | Professor Oculi has advised the Government to device ways to creatively engage the nation's youths in order to bring an end to unemployment. |
https://www.channelstv.com/2020/09/17/no-junior-trade-union-can-negotiate-for-senior-employees-in-nigeria-says-organised-labour/ | The organised labour has kicked against the practice of trade unions representing junior workers, negotiating terms, and agreement on behalf of senior employees in Nigeria’s industrial space.
This is in reaction to the lingering issue between the Pulp Paper and Paper Products, Printing and Publishing Senior Staff Association of Nigeria (PPAPPPAPSSAN), and the National Union of Printing, Publishing and Paper Products Workers (NUPPPPROW).
According to the organised labour, the issue of jurisdictional scope has been resolved by the National Industrial Court in a judgement which separated the scope of membership of both unions.
Similarly, the National President of PPAPPPAPSSAN, Dada Joseph, in a statement on Thursday, explained that based on the judgement, workers from the supervisory level, cannot associate with NUPPPPROW, which is limited to junior workers in the sector.
He stated that “no junior workers trade union can negotiate, represent or defend the course of senior employees anywhere in Nigerian for lack of locus standi. This is the hard reality and the position of the law in trade unionism in Nigeria.
“It may be pertinent to inform the workers and the employers in the industry that Nigeria National Industrial Court is the final arbiter in all trade union disputes in Nigeria,” he stressed.
Mr Joseph stated that the confusion between both unions is peculiar in the industrial space and is fuelled by employers choosing which of the two unions to operate in the company, rather than having the two simultaneously as provided in labour laws. This, he said, is in spite of the Federal Ministry of labour’s several clarifications on the matter.
He urged all workers and employers in the sector to be wary of mischief makers who may be parading or distributing notice of appeal and embrace the realities of the NIC Judgement.
The NIC in a judgement delivered in May this year said that the jurisdictional scope of NUPPPPROW, the defendant, shall be limited to junior staff while that of the claimant, (PPAPPPAPSSAN), to senior staff from supervisory or equivalent level upward within the sector.
“An order of this Honourable Court is hereby made mandating, directing, and compelling the defendant to immediately restrict its membership to junior staff within the pulp paper and paper products, printing, and publishing companies and industries in Nigeria.
“An order of this Honourable Court is hereby made directing the defendant to immediately de-unionise senior staff of the paper products industry and the printing and publishing industry wherever they may be found in Nigeria.” | No Junior Trade Union Can Negotiate For Senior Employees In Nigeria, Says Organised Labour | politics | Advertisement The organised labour has kicked against the practice of trade unions representing junior workers, negotiating terms, and agreement on behalf of senior … Continue reading No Junior Trade Union Can Negotiate For Senior Employees In Nigeria, Says Organised Labour |
https://www.channelstv.com/2020/03/04/apc-promises-to-respect-judgement-suspending-oshiomhole-as-chairman/ | The All Progressives Congress (APC) says it will respect the decision of the Abuja High Court suspending Mr Adams Oshiomhole as the National Chairman of the party.
The acting National Secretary of the party, Mr Victor Giadom, stated this while addressing a news conference at the APC headquarters in Abuja, the nation’s capital.
According to Giadom, the APC is a law-abiding political party and remains committed to obeying court orders.
He disclosed that the National Working Committee (NWC) of the party would meet soon to deliberate on the challenges facing the APC.
READ ALSO: Court Orders Oshiomhole To Stop Parading Himself As APC Chairman
Meanwhile, a team of policemen has taken over the national secretariat of the ruling party in the Federal Capital Territory (FCT).
The security operatives said they were at the secretariat to prevent any breakdown of law and order following the suspension of Oshiomhole by the court.
New Officers Emerge
Moments later, the party’s NWC approved the nomination of three chieftains as national officers.
They are Mr Waziri Bulama, Senator Abiola Ajimobi, and Mr Paul Chukwuma.
In a statement, APC National Publicity Secretary, Lanre Issa-Onilu, said the decision to approve Bulama’s nomination was reached during the meeting of the NWC held on January 14 at the party’s National Secretariat in Abuja.
He noted that the party had given notice for a replacement from the zone, following the resignation of Mr Mai Mala Buni as the APC National Secretary in May 2019 prior to his election as the governor of Yobe State.
The APC spokesman disclosed that Ajimobi emerged as the party’s Deputy National Chairman (South), and Chukwuma was nominated as the National Auditor.
He explained that the approval was given following their nominations from the zone.
Senator Ajimobi’s emergence as the APC deputy national chairman comes more than one year after he lost his bid to return to the Senate in the February 23 polls.
Having completed his two terms as governor, Ajimobi was defeated by Senator Kola Balogun of the Peoples Democratic Party (PDP) in the Ibadan South senatorial district election. | APC Promises To Respect Judgement Suspending Oshiomhole As Chairman | business | The All Progressives Congress (APC) says it will respect the decision of the Abuja High Court suspending Mr Adams Oshiomhole as the National Chairman of the party. |
https://www.channelstv.com/2020/01/11/what-pushed-me-into-partisan-politics-after-1985-coup-buhari/ | President Muhammadu Buhari has revealed why he took an interest in politics after ruling the country as a military general.
He explained that the decision to join politics was taken after a clean bill on his integrity by those who detained him after the 1985 military coup.
The President noted that his record as governor of the North East, Minister of Petroleum, and Head of State was thoroughly checked and nothing incriminating was found.
“After I was released and nothing was found on me, I took interest in politics,” he told a group of youths on Friday at the Presidential Villa in Abuja.
President Buhari added, “This is what pushed me into partisan politics; to serve with integrity. So, I decided to try leadership as a civilian, after taking off the military uniform.”
‘We Learnt Our Lessons’
He made the remarks while receiving youth leaders of the All Progressives Congress (APC) from the six geo-political zones.
The President advised the younger generation to keep a broader view of the country as one entity, and continuously de-emphasise ethnic and religious backgrounds in nation-building.
He said, “Whether we like it or not, we will someday handover to Nigerian youths. And you have to brace up for leadership.
“Some interest groups will come up with ethnic, religious issues, but you have to look at the broader picture.”
“We had a civil war that consumed over 2 million Nigerians, and we learned our lessons. Nigeria is one country, and no one should take our firmness for granted,” President Buhari was quoted as saying in a statement by his media adviser, Femi Adesina.
On his second tenure, the President gave the assurance that he would be more firm, focused and relentless in delivering results.
He also promised to ensure the country was secure, stimulate the economy to work for all, and fight corruption. | What Pushed Me Into Partisan Politics After 1985 Coup – Buhari | business | Advertisement President Muhammadu Buhari has revealed why he took an interest in politics after ruling the country as a military general. He explained … Continue reading What Pushed Me Into Partisan Politics After 1985 Coup – Buhari |
https://www.channelstv.com/2022/09/14/insecurity-northern-governors-traditional-rulers-meet-in-abuja-call-for-state-police/ | The Northern Governors Forum on Monday, 12th September 2022 met with the Northern Traditional Rulers Council in Abuja and came out with a resolution calling for the establishment of State police to tackle security challenges in the region and the nation at large.
Reading the communique after the meeting held at the Transcorp Hilton Abuja, Chairman of the Forum and Governor of Plateau State Simon Bako Lalong said the meeting reviewed the security situation in the North and other matters relating to its development and resolved to support the amendment of the Constitution to accommodate the establishment of State police.
READ ALSO: DSS Accuses Tukur Mamu Of Aiding, Abetting Acts Of Terrorism
According to him, this will effectively and efficiently address the security challenges of the region.
The Forum also reiterated its commitment to the development of solar energy in view of the comparative advantage of abundant sunshine in the region.
Accordingly, it was unanimously resolved that 2000 megawatts of solar power be harvested across the 19 States and FCT with a view to harnessing the huge potential of power from solar.
The joint meeting also noted with regret the ongoing ASSU strike which it believes was more punitive in the region as most of the students in the North are attending public universities.
It therefore called on ASSU to cooperate with the Federal Government in resolving the dispute.
The Northern Governors also engaged officials of the World Bank to discuss the level of implementation of the Adolescent Girls Initiative for Learning and Empowerment (AGILE) and Nigeria for Women Project which are being implemented in five Northern States. | Insecurity: Northern Governors/Traditional Rulers Meet In Abuja, Call For State Police | business | Advertisement The Northern Governors Forum on Monday, 12th September 2022 met with the Northern Traditional Rulers Council in Abuja and came out with a … Continue reading Insecurity: Northern Governors/Traditional Rulers Meet In Abuja, Call For State Police |
https://www.channelstv.com/2023/07/04/fg-market-association-collaborate-to-collect-vat-from-40-million-traders/ | The Federal Inland Revenue Service (FIRS) and the Market Traders Association of Nigeria (MATAN) have teamed up to facilitate the collection and remittance of value added tax (VAT) from its members using a unified systems technology.
The agency made the announcement on Monday via its official Twitter handle, saying this was particularly for those working in the informal sector.
The statement noted that a unified systems technology would be used to carry out the collaboration, also known as the VAT direct initiative (VDI).
The umbrella organisation for all commercial associations in Nigeria, MATAN, was established in 1995. With well over 40 million traders as members all over Nigeria, the group dominates the country’s market.
According to the revenue service, MATAN is anticipated to “promote awareness on VAT collection and remittance in the marketplace and informal sector, while also simplifying VAT payment and remittance for the marketplace and informal sector using a purpose-built digital platform” through the program.
“MATAN has a digital platform which enumerates their members giving them a digital ID and tracks their turnover so that VAT accrued is collected and remitted to the FIRS,” the statement reads.
“The VDI is the first of its kind programme that will utilise technology to foster collaboration between FIRS and the marketplace for the collection and remittance of VAT.”
READ ALSO: Seun Kuti: Absence Of Magistrate Stalls Assault Hearing
FIRS said that the agreement will allow it to work with security organisations “to curb the activities of touts, miscreants, and self-imposed tax collectors involved in illegal tax collection in Nigeria’s market spaces.”
The agency added that the Value Added Tax (VAT) will increase VAT revenue for the three levels of government, which in turn will provide more funds for infrastructure, social services and the general well-being of the people.
According to FIRS, every member of MATAN shall be issued with an identity card upon enumeration for the purpose of ensuring compliance and accountability.
“This card contains their tax identification number (TIN) and other personal details for tax purposes,” the agency said. | FG, Market Association Collaborate To Collect VAT From 40 Million Traders | politics | According to FIRS, every member of MATAN shall be issued with an identity card upon enumeration for the purpose of ensuring compliance and accountability. |
https://www.channelstv.com/2021/10/28/appeal-court-to-decide-fate-of-pdp-convention-on-friday/ | The Appeal Court in Port Harcourt, Rivers State will on Friday decide whether or not the Peoples Democratic Party will go ahead with the conduct of its National Convention this weekend.
A panel of three justices, headed by the Justice Haruna Simon Tsammani, reserved the ruling on Thursday after hearing arguments in the application filed by the former Chairman of the Peoples Democratic Party, Uche Secondus to suspend the conduct of the convention.
The convention, slated for October 30 and 31 in Abuja, had been fixed by the PDP’s National Working Committee as part of efforts to resolve the party’s internal crisis.
The convention is expected to lead to the election of new national officers.
READ ALSO: PDP Governors Hold Closed-Door Meeting With Mimiko In Ondo
But this decision did not go down well with Secondus, hence the filing of the application.
During Thursday’s proceedings, Tayo Oyetibo (SAN), counsel to Secondus, argued that refusing to grant his application to stop the PDP Convention can be likened to “pulling off the rug under the feet of the appellant”.
He said his client will be permanently denied the right to preside over or participate in the convention if the pending applications bordering on his leadership and membership status go in his favour.
But the submission was opposed by Henry Bello, counsel to the first to fifth respondents, who are the Chairmen of the Peoples Democratic Party in five Local Government Areas of Rivers State.
The Chairmen are challenging Secondus’s legal right to resume as National Chairman of the PDP following his suspension from the party in his ward in Ikuru Town in Andoni Local Government Area of Rivers State.
Mr. Bello reading an except of his 24-paragraph affidavit sworn to by the First respondent (one of the LGA party Chairmen), argued that the application to stop the PDP convention by Uche Secondus, was alien to the existing appeals before the court bordering on the leadership and membership of Uche Secondus in the party.
The opposition by Henry Bello was supported by the lawyer to the PDP, Sunday Ameh (SAN).
He submitted that Secondus voluntarily handed over the authorities of his office to a subordinate who has been acting lawfully as the National Chairman and is bestowed with the right to preside over the National Convention.
According to him, “the balance of convenience in the matter is in not granting the application” to stop the convention.
Also, Donald Dee-Nwigwe (SAN), representing the ninth and 10th respondents, picked holes in the argument by Tayo Oyetibo (SAN) that the conduct of the National Convention by the PDP will be a denial of Uche Secondus right to preside over the convention.
He submitted that, “a Chairmanship position of the PDP is at best a political privilege, not a right” and that the September judgment of a High Court in Rivers State which validated the suspension of Uche Secondus from the party has nullified any such privilege which Uche Secondus seeks to protect through his application.
Other counsels, including Godwin Obla (SAN), Sebastine Horns, who represented other respondents like the National Vice Chairman, South-South of the PDP, Dan Obih, also opposed the application to stop the PDP convention.
To further defend his application, counsel to Secondus, Tayo Oyetibo argued that the use of the word “Shall” in the PDP constitution bestowed on Secondus the right, not privilege to preside over party conventions.
He also submitted that the application before the court is not to “prohibit the convention of the party, but to suspend the convention pending the determination of the rights of the parties”. | Appeal Court To Decide Fate Of PDP Convention On Friday | business | The Appeal Court in Port Harcourt, Rivers State will on Friday decide whether or not the Peoples Democratic Party will go ahead with the … Continue reading Appeal Court To Decide Fate Of PDP Convention On Friday |
https://www.channelstv.com/2024/05/06/only-nwc-has-power-to-suspend-ganduje-apc-legal-adviser/ | The National Legal Adviser of the All Progressives Congress (APC), Abdulkarim Kana, says no organ of the party has the right to suspend any member except the National Working Committee (NWC).
Kana, who was on Channels Television’s Politics Today on Monday, was reacting to the recent controversial ‘suspension’ of the APC National Chairman, Abdullahi Ganduje, by different factional excos of his ward.
He said that before such action could be carried out, all procedures must have been followed, according to the constitution of the party.
[READ ALSO] Ganduje’s Suspension: High Court Sets May 27 For Hearing
“All those procedures must be exhausted for such penalties to be imposed but as a penalty pending completion of an investigation, no organ of the APC has the power to suspend any member pending investigation except the national working committee,” Kana said.
When queried about such suspension happening in the party in the past, the legal adviser said that was before the APC’s constitution was amended in 2023.
Kana labelled those that suspended Ganduje as “random individuals”, insisting that they are not members of the ruling party.
According to him, the party has investigated the suspension and within a short time established that the individuals are not members of the party’s exco in Ganduje ward.
He said the party has involved the security agencies in the matter for a possible case of identity theft against those that claimed to me ward exco members who suspended the chairman.
The two factions of the Ganduje ward had suspended the membership of their kinsman and national chairman of their party, Ganduje, for an alleged involvement in the misappropriation of public funds and other criminal issues, during his tenure as governor of Kano.
However, the State Working Committee of the APC in Kano swiftly nullified the suspension and took disciplinary actions against the ward executives.
A Federal High Court in Kano also issued an ex parte order temporarily halting the implementation of the suspension until the case is heard and determined.
A Kano State High Court judge who earlier upheld Ganduje’s suspention also vacated the order suspending ex-Kano governor as the National Chairman of the APC. | Only NWC Can Suspend Ganduje — APC Legal Adviser | business | Abdulkarim Kana labelled those that suspended Ganduje as “random individuals”, insisting that they are not members of the ruling party. |
https://www.channelstv.com/2022/05/04/my-agenda-for-women-if-elected-president-in-2023-fayemi/ | Ekiti State Governor, Dr Kayode Fayemi, has outlined his agenda for women in the country if elected as the next President of Nigeria.
Ahead of the general elections, the governor officially declared to join the race to succeed President Muhammadu Buhari after the polls next year on Wednesday at an event in Abuja.
He will be contesting for the presidential ticket of the All Progressives Congress (APC) alongside some bigwigs within the ruling party who are also eyeing the highest office of the land.
Governor Fayemi outlined some of the efforts of his administration to improve the lives of women and girls and to promote female participation in Ekiti State, saying he would replicate same and even more should he win his presidential bid.
“What will be my agenda for women? I think the best way to judge my agenda for women is to look at what I have done in my almost eight years as governor, and in my capacity as Chairman of the Nigeria Governors’ Forum (NGF), coordinating the activities of my brother governors in the 36 states,” he said during a question-and-answer session at the event.
“Well, in Ekiti State, women have attained the pride of place, and we have done that through a range of measures – law, policies, and programmes. In my first term, we had a law in place to address a matter that was really very fundamental to all of us, but particularly to women; sexual and gender-based violence in our society and we were the first state to have a register of convicts on gender-based violence.”
READ ALSO: Fayemi Officially Joins 2023 Presidential Race
‘First Female Governor’
According to the governor, Ekiti went a step further when he returned for his second term in office by starting a ‘name and shame policy’ for those involved in sexual and gender-based violence.
“It is not enough for you to be convicted by a law court for gender-based violence; because our people are more concerned about the shame done to them within their communities than simple conviction in a law court, we name and shame those who have been convicted and put this information right around their communities.
“And when you know the way a typical Ekiti community is and the pride with which we exude, character and integrity, that is something that has activated moral suasion, not just legal punishment,” he said.
Beyond that, Governor Fayemi explained that his administration took further steps against female genital mutilation, including the signed of the Violence Against Persons Prohibition (VAPP) Act.
He revealed that the NGF declared an emergency against sexual and gender-based violence in all the 36 states of the country on June 20, 2020.
At the time, the governor said only 14 states had signed up to the VAPP Act while the number has increased to 30 as of May 2022.
“In Ekiti State, the parliamentary worked with us and passed the law granting 35 per cent positions – both appointment and elective; that’s a tough call in politics,” he said of women’s participation in governance.
“It’s still not where we want to be, but it is a significant step if you consider the difficulty our national parliament has had in putting the same law in place. My successor in office, by God’s grace, is going to have a female deputy governor. So, we are on our way to having the first governor in Nigeria who is female in Ekiti State.” | My Agenda For Women If Elected President In 2023 – Fayemi | business | Ekiti State Governor, Dr Kayode Fayemi, has outlined his agenda for women in the country if elected as the next President of Nigeria. Advertisement … Continue reading My Agenda For Women If Elected President In 2023 – Fayemi |
https://www.channelstv.com/2016/11/25/ogun-pdp-suspends-senator-buruji-kashamu/ | The Peoples Democratic (PDP) in Ogun state has suspended the Senator representing Ogun East senatorial district in the Senate, Buruji Kashamu and seven others, by a faction-led by Sikirulai Ogundele.
Also suspended were the factional state chairman, Bayo Dayo; Secretary, Semiu Shodipo, Mr. Pegba Otemolu, Mr Fatai Adeyanju, Mr. Segun Seriki, Daisi Akitan and Bowale Solaja.
In the notice of suspension signed by Sikirulai and the secretary, Olabode Bankole, dated November 24, 2016, the party alleged that the affected persons were suspended sequel to the report of a panel which was constituted in June, 2016 to investigate allegations of financial improprieties and anti-party activities.
However, in a swift reaction, Buruji Kashamu, asides denying the allegation of any financial impropriety leveled against him, also said that no one could suspend him.
Describing Sikirulai as an “interloper”, he said he spent his financial resources on the party, arguing that he was taken aback by the allegation of financial impropriety made against him.
In a press statement signed by his media aide, Austin Oniyokor, Kashamu said, “The alleged diversion of party funds is most laughable because it is common knowledge that I use my personal funds to keep the party float even when people like ex-Governor Gbenga Daniel and Ladi Adebutu left the PDP for Peoples Party of Nigeria and then for the Labour Party, until they returned to PDP in the build up to the 2015 general elections because of campaign funds.
“It is on record that Daniel superintended over the 2015 campaign funds in Ogun State. So, which other funds could a party in opposition possibly have?” | Ogun PDP Suspends Senator Buruji Kashamu | business | Peoples Democratic (PDP) in Ogun state suspends Senator representing Ogun East senatorial district, Buruji Kashamu and seven others |
https://www.channelstv.com/2024/05/15/cbn-launches-strategy-to-double-remittances-grants-aip-to-14-new-imtos/ | The Central Bank of Nigeria (CBN) has activated plans to double foreign-currency remittance flows through formal channels by granting 14 new International Money Transfer Operators (IMTOs) Approval-in-Principle (AIP).
This was disclosed in Abuja on Wednesday by the Bank’s Acting Director of Corporate Communications, Mrs. Hakama Sidi Ali.
Ali stated that the initiative will help increase the sustained supply of foreign exchange in the official market by promoting greater competition and innovation among IMTOs to lower the cost of remittance transactions and boost financial inclusion.
READ ALSO: Nigeria’s Inflation Rate Soars To 33.69% In April 2024
According to her, “This will spur liquidity in Nigeria’s Autonomous Foreign Exchange Market (NAFEX), augmenting price discovery to enable a market-driven fair value for the naira.”
It will be recalled that the CBN Governor, Mr. Olayemi Cardoso, had recently declared: “We’ve set ourselves a target to double remittance flows into Nigeria within a year, a goal I firmly believe is within reach.
“We are wasting no time driving progress to remove any bottlenecks hindering flows through formal channels permanently. We have a determined pathway and a sequenced approach to tackling all challenges ahead, working hand in hand with key stakeholders in the remittance industry.”
Continuing, Sidi Ali said that the CBN viewed increasing formal remittance flows— one of the major sources of foreign exchange, accounting for over 6% of GDP—as a means of reducing the historical volatility in Nigeria’s exchange rate caused by external factors, such as fluctuations in foreign investment and oil export proceeds.
The increase in the number of IMTOs is one of the primary actions initiated by the CBN’s remittance task force, overseen by Governor Cardoso as a collaborative unit pulling together specialists to work closely with the private sector and market operators to facilitate the ease of doing business in the remittance ecosystem in Nigeria.
The task force was established as a direct result of an executive learning session with IMTOs during the World Bank/IMF Spring Meetings held in Washington DC, United States of America, in April 2024.
The task force will meet regularly to implement strategy and monitor the impact of its measures on remittance inflows. | CBN Launches Strategy To Double Remittances, Grants AIP To 14 New IMTOs | politics | The CBN stated that the initiative will help increase the sustained supply of foreign exchange in the official market by promoting greater competition and innovation among IMTOs to lower the cost of remittance transactions and boost financial inclusion. |
https://www.channelstv.com/2021/06/28/uk-bans-cryptocurrency-exchange-binance/ | The UK’s finance watchdog has banned major cryptocurrency exchange Binance from regulated trading in Britain, as the industry faces greater global scrutiny.
Binance Markets Limited, part of Binance Group, is “not permitted to undertake any regulated activity in the UK”, the Financial Conduct Authority (FCA) said in a statement published over the weekend.
The ban affects options and futures contracts related to bets on price movements of cryptocurrencies.
However purchases of cryptocurrency units, such as of bitcoin and dogecoin, can continue since they are not regarded as financial products and are therefore not regulated.
Binance Group tweeted that the FCA move would have “no direct impact”.
Founded in China four years ago, Binance is one of the world’s two biggest crypto exchanges along with Coinbase in the United States.
Cryptocurrencies have long sparked concern among central banks and regulators alike, because of their lack of oversight.
The FCA has meanwhile warned consumers once more not to be lured by promises of high returns.
Bitcoin traders shrugged off the weekend developments, sending the virtual unit up 5.47 percent to $33,981 in Monday deals.
The unit has however slumped in recent weeks after China launched a crackdown on the industry.
Bitcoin had hit a record near $65,000 in April on the back of runaway demand.
Laith Khalaf, financial analyst at stockbroker AJ Bell, said that tighter regulation was a consequence of this boom.
“Cryptocurrency is a victim of its own success because regulators across the globe are increasingly turning their beady eyes on crypto assets — and companies like Binance that offer crypto services to consumers.
“This isn’t a step change in regulation which is going to knock the crypto craze on the head, but it is part of a growing trend of regulatory intervention in crypto markets.”
AFP | UK Bans Cryptocurrency Exchange Binance | politics | The UK’s finance watchdog has banned major cryptocurrency exchange Binance from regulated trading in Britain, as the industry faces greater global scrutiny. Advertisement Binance … Continue reading UK Bans Cryptocurrency Exchange Binance |
https://www.channelstv.com/2016/11/29/imo-police-foil-attempted-invasion-inec-office-hoodlums/ | The Imo State Police Command has foiled an attempted invasion of the Independent National Electoral Commission (INEC) office in Owerri by unidentified hoodlums numbering over 30.
When Channels Television crew arrived the office, the situation had been put under control by security operative but our correspondent got the Imo State INEC Administrative Secretary, Mr Adelani Asade, to narrate how the incident happened.
He said that the unidentified hoodlums came in two chartered buses to the premises around 9AM and tried to force their way into the premises by banging the gate.
On sighting them, they called the attention of the Imo State Police Command and other security operatives and with the presence of the security operatives, the hoodlums took to their heels as they were not able to gain access to the offices.
The aim of the hoodlums in the office is yet to be ascertained as at the time of filing this report,.
“It was around 9AM this morning when two buses filled with unidentified hoodlums rushed towards our gate and tried to force their way in. Immediately we saw this, I called the Commissioner of Police who immediately detailed his men to the scene.
“On seeing the Police the boys took to their heels, as at this moment, we don’t know what their aim was, and we can’t identify them,” Mr Asade said.
When contacted, the Commissioner of Police, Taiwo Lakanu, who declined speaking on camera said that investigations were ongoing to ascertain the cause of the attempted invasion.
However, some sources told Channels Television that the invasion might not be unconnected to the ongoing tribunal case on the Imo North senatorial election.
The sources said that at the last sitting of the tribunal, the court ordered INEC to send the certified true copies of some documents used during the election to court for scrutiny.
Meanwhile, security operatives have taken over the premises to forestall any breakdown of law and order. | Imo Police Foil Attempted Invasion Of INEC Office By Hoodlums | business | Imo Police foil an attempted invasion of the INEC office in Owerri by unidentified hoodlums numbering over 30. |
https://www.channelstv.com/2024/02/15/unveiling-the-revolution-in-digital-commerce/ | The internet boom of the 90’s ushered in the concept of e-commerce, offering the luxury of shopping from the comfort of one’s home. With access to the internet, customers can make their choices from a wide array of products for the best possible prices, without commuting to a store.
E-commerce leveled the playing field for most organizations as small businesses could compete with larger corporations, just by establishing an online presence.
One area where the impact of digital commerce is particularly evident is in the realm of entertainment, including the gaming industry. Digital slot machines, for example, have become increasingly popular among online gamers, offering an immersive and interactive experience that rivals traditional gaming slots.
These digital slot machines, often found on online entertainment platforms, allow players to enjoy a wide variety of games from the comfort of their own homes, with features such as bonus rounds, and themed designs adding to the excitement. But the revolution in digital commerce extends far beyond just gaming.
E-commerce Ran, So That Digital Commerce Could Fly
The advancement in technology over the years and the proliferation of smartphones, has given way to digital commerce, which is a lot more encompassing than e-commerce.
Going beyond a website to sell goods and services, digital commerce brings to bear a full range of processes and technology required from customer engagement to retention.
These all encompassing processes include market research, search engine optimization (SEO), CRM, data analytics, payment software, supply chain management among many others.
Digital commerce offers personalized, adaptable and immersive shopping experiences for customers while benefiting businesses as well. Innovative features such as one-click purchasing and saved payment gateway make for a seamless experience for the customer.
Revolutionizing Businesses Through Digital Commerce
Digital Commerce is constantly evolving. The global online retail revenue has risen from $5.2 trillion in 2022 to a projected total of $8.1 trillion in 2024. As technology continues to shape consumer behaviors and preferences, the realm of digital commerce has witnessed remarkable advancements in recent times.
In 2023, global e-commerce sales skyrocketed to $6.3 trillion marking a staggering 27.6% increase from the previous year. Mobile commerce has emerged as the dominant force in the digital commerce landscape, accounting for a remarkable 60% of e-commerce sales in 2023.
The adoption of digital payment methods is on the rise with mobile wallets, contactless payments and buy now, pay later options gaining traction among consumers. These convenient and secure payment options are reshaping the way transactions are conducted in the digital age.
The global online gaming market has also witnessed significant expansion. The global gaming revenues are projected to reach $212 billion by 2026, representing a compound annual growth rate of 16%.
The increasing convergence of social media and e-commerce has revolutionized business by seamlessly integrating online shopping experiences with social networking platforms, facilitating direct engagement with customers and driving sales.
Platforms like Instagram and Facebook have integrated shopping features seamlessly into their user experience with over 63.5 million people making at least one purchase via Facebook.
Businesses are able to scale through digital commerce by automating and streamlining their processes through business automation which includes inventory management, order processing and payment processing. By leveraging customer insights and data such as purchasing patterns to make business decisions and optimize marketing strategies.
Overall, businesses are able to reach a wider, global audience, reduce costs, while increasing efficiency ultimately leading to increased profitability and competitiveness.
Overcoming Barriers
Barriers in digital commerce encompass a range of challenges, from technological limitations to consumer apprehensions. Key hurdles include the digital divide, where disparities in internet access and digital literacy impede the participation of certain demographics in online transactions. To overcome this, efforts should focus on enhancing internet infrastructure and providing digital education to bridge the gap.
To mitigate this, businesses can adopt user-friendly interfaces and intuitive design principles to enhance accessibility for users with varying levels of digital proficiency. Building trust and confidence among consumers remains a critical hurdle in digital commerce.
Concerns around data privacy, security breaches, and fraudulent activities can deter individuals from engaging in online transactions. To address these concerns, businesses must prioritize cybersecurity measures, such as encryption and authentication protocols, to safeguard sensitive information.
The Future
As advancements in artificial intelligence, machine learning, and big data analytics continue to mature, businesses will increasingly leverage these tools to personalize the shopping experience and anticipate consumer needs. This trend towards hyper-personalization will not only enhance customer satisfaction but also drive higher conversion rates and foster brand loyalty.
The proliferation of mobile devices and the internet of things (IoT) will further blur the lines between online and offline commerce, enabling seamless shopping experiences across various touchpoints.
The future of digital commerce will witness the continued rise of e-commerce marketplaces and direct-to-consumer (DTC) brands, challenging traditional retail models and reshaping industry dynamics. Sustainability and ethical considerations will play an increasingly significant role in shaping consumer behavior, driving demand for eco-friendly products and transparent supply chains.
As digital commerce continues to evolve, businesses that prioritize innovation, customer-centricity, and adaptability will be best positioned to thrive in an ever-changing landscape. | Unveiling The Revolution In Digital Commerce | technology | The internet boom of the 90’s ushered in the concept of e-commerce, offering the luxury of shopping from the comfort of one’s home. With … Continue reading Unveiling The Revolution In Digital Commerce |
https://www.channelstv.com/2020/09/20/photos-more-results-arriving-at-the-inec-collation-centre/ | More results arriving at the INEC collation centre for the Edo Governorship elections.
The remaining results from the Edo election are still being ferried into the central collation centre.
Photos: Sodiq Adelakun for Channels TV
Advertisement More results arriving at the INEC collation centre for the Edo Governorship elections. The remaining results from the Edo election are still being … Continue reading PHOTOS: Collation Of Results For Edo Governorship Election
More results arriving at the INEC collation centre for the Edo Governorship elections.
The remaining results from the Edo election are still being ferried into the central collation centre.
Photos: Sodiq Adelakun for Channels TV | PHOTOS: Collation Of Results For Edo Governorship Election | business | Advertisement More results arriving at the INEC collation centre for the Edo Governorship elections. The remaining results from the Edo election are still being … Continue reading PHOTOS: Collation Of Results For Edo Governorship Election |
https://www.channelstv.com/2022/11/02/kaduna-central-court-nullifies-pdp-primary-orders-fresh-election-within-14-days/ | A Federal High Court sitting in Kaduna State has nullified the primary election conducted by the Peoples Democratic Party (PDP) for Kaduna Central senatorial district due to irregularities.
The court presided over by Justice Muhammed Umar also ordered that a fresh primary be conducted by the party within 14 days.
Justice Umar’s ruling followed a suit filed by one of the senatorial aspirants, Ibrahim Usman who challenged the May 24 primary that produced Lawal Adamu as the winner of the election.
Adamu had emerged as the winner of the primary after polling 99 votes to defeat his closest rival, Usman who scored 84 votes to come second. Musa Bello and Inuwa Ahmed polled 43 and 15 votes to come 3rd and 4th respectively, while Usman Muhammed and Hajia Shehu Talatu maintained 5th and 6th positions with two and five votes as announced by the Electoral Committee.
READ ALSO: Zamfara PDP Chairman Ahmad Sani Is Dead
However, not satisfied with the outcome of the primary, Ibrahim Usman through his lawyer, Samuel Aung, asked the Court to nullify the election on grounds of over-voting. He also asked the court to conduct a fresh primary election where all the six aspirants will test their popularity in a free and fair exercise.
In his ruling on the case on Wednesday, Justice Umar dismissed all the preliminary objections raised by the defendant and upheld all the reliefs brought by the plaintiff, and as well, ordered for a fresh primary to be conducted by the PDP in Kaduna Central Senatorial District within 14 days. | Kaduna Central: Court Nullifies PDP Primary, Orders Fresh Election Within 14 Days | business | A Federal High Court sitting in Kaduna State has nullified the primary election conducted by the Peoples Democratic Party (PDP) for Kaduna Central senatorial … Continue reading Kaduna Central: Court Nullifies PDP Primary, Orders Fresh Election Within 14 Days |
https://www.channelstv.com/2023/12/18/breaking-tinubu-fubara-odili-in-closed-door-session/ | President Bola Tinubu is meeting with stakeholders from Rivers State at the Presidential Villa, Abuja.
Governor Siminalayi Fubara led the team from Rivers State.
The stakeholders include a former governor of the oil-rich state, Peter Odili; and some traditional rulers from the state.
READ ALSO: Fubara Didn’t Force Pro-Wike Commissioners To Resign, Says Rivers Govt
It was learnt that the Minister of the Federal Capital Territory and former Governor Of Rivers State, Nyesom Wike, is also expected to be present for the meeting.
The meeting may not be unconnected with the political crisis that has rocked the state over the past few days.
Vice President Kashim Shettima; and the Chief of Staff to the President, Femi Gbajabiamila are also part of the meeting.
Rivers State has been a theatre of the absurd in the last three months with the state House of Assembly serving as the “boxing ring”. The rift between Wike and Fubara split lawmakers in the House with 27 of them decamping from the Peoples Democratic Party (PDP) to the ruling All Progressives Congress (APC), a party in whose central government Wike currently serves as minister.
The feud also saw the emergence of parallel sittings, an impeachment plot against the governor, the demolition of the Assembly complex, and a gale of resignations of pro-Wike commissioners in Fubara’s cabinet.
The President and some elder statesmen had intervened in the crisis earlier in October but it degenerated into a full-blown fight. | Tinubu, Fubara, Odili In Closed-Door Session | business | The meeting may not be unconnected with the political crisis that has rocked the state over the past few days. |
https://www.channelstv.com/2020/12/25/christmas-salvation-will-surely-come-pdp-asks-nigerians-to-revive-their-hope/ | The Peoples Democratic Party (PDP) has urged Nigerians to use the Christmas and yuletide celebrations to rekindle hope and trust in God’s divine intervention in the affairs of the nation.
It made the appeal in a statement on Thursday by its National Publicity Secretary, Kola Ologbondiyan, to commemorate this year’s Christmas.
The party believes Christmas rekindles faith that all hope is not lost for Nigeria, claiming that the failures of the current administration have led to widespread economic hardship and worsened insecurity in the country.
It also decried that under the circumstances, most families have nothing to celebrate with as many were mourning the losses from the increased rate of insecurity.
“Nevertheless, we must keep hope alive and find strength in God’s unfailing intervention as demonstrated with the gift of salvation in the coming of the Lord Jesus Christ.
“Indeed, Christmas offers us a great lesson as a nation that no matter how long darkness, characterised by violence, oppression, economic repression, hunger, abuse of rights, disregard to the need of the people, and widespread corruption, as we have witnessed in the last five years, may appear to dominate, salvation will surely come as exemplified in the birth of the saviour,” the PDP said.
It added, “Our party, therefore, urges Nigerians to use this period to intensify their bond of unity, as well as comfort and reach out to one another in love so that the joy that Christmas brings would not be lost.”
The PDP stressed that Nigerian leaders must have some introspection, show remorse, and review their policies which it said have brought anguish to the people.
It prayed to God for healing, stability, and prosperity of the country, as well as blissful Christmas and yuletide celebrations. | Christmas: ‘Salvation Will Surely Come’, PDP Asks Nigerians To Revive Their Hope | business | The Peoples Democratic Party (PDP) has urged Nigerians to use the Christmas and yuletide celebrations to rekindle hope and trust in God’s divine intervention … Continue reading Christmas: ‘Salvation Will Surely Come’, PDP Asks Nigerians To Revive Their Hope |
https://www.channelstv.com/2020/11/23/2020-finance-bill-exempts-minimum-wage-earners-from-tax-says-buhari/ | President Muhammadu Buhari has said that the 2020 Finance Bill exempts earners of minimum wage from paying taxes.
Buhari disclosed this on Monday in a speech delivered virtually by Vice President Yemi Osinbajo at the opening session of the 26th Nigerian Economic Summit Group Conference themed: “Building Partnerships for Resilience.”
“We are proposing in the new Finance Act that those who earn minimum wage should be exempted from paying income tax,” he was quoted as saying in a statement issued by the Senior Special Assistant to the Vice President on Media and Publicity, Laolu Akande.
“These provisions which complement the tax breaks given to small businesses last year will not only further stimulate the economy but are also a fulfilment of promises made to take steps to help reduce the cost of transportation and the impact of inflation on ordinary Nigerians.”
The President also commended the private sector for building a resilient economy in the country.
READ ALSO: Nigeria Will Exit Recession By First Quarter Of 2021 – Finance Minister
To Buhari, “This government has always emphasized that the private sector has a key role to play in our efforts to build a more resilient and competitive economy as expressed in the Economic Recovery and Growth Plan.
“Private companies in design, construction, logistics and finance are very much engaged in our infrastructural projects in power and rail as well as road and bridges and the installation of broadband infrastructure which is an essential requirement if Nigeria is to participate actively and benefit from the 4th Industrial Revolution.”
SEE FULL STATEMENT HERE:
OUR 2020 FINANCE BILL EXEMPTS MINIMUM WAGE EARNERS FROM TAX – BUHARI
*Adds: This will reduce the impact of inflation on ordinary Nigerians
*N15Trn Infrastructure company in the offing
*VP explains the reduction of import duties on cars, says govt will buy locally assembled vehicles
In order to reduce the impact of inflation on Nigerians, the Buhari administration through the 2020 Finance Bill is proposing the exemption of minimum wage earners from the Personal Income Tax.
And when coupled with other items in the proposed Bill, and various economic policies of the Federal Government, these incentives would ensure the resilience of the Nigerian economy to exogenous shocks, according to President Muhammadu Buhari.
The President made these disclosures in his speech delivered virtually by Vice President Yemi Osinbajo, SAN, on Monday at the opening session of the 26th Nigerian Economic Summit Group Conference themed: “Building Partnerships for Resilience”.
According to the President, “we are proposing in the new Finance Act that those who earn minimum wage should be exempted from paying income tax.
“These provisions which complement the tax breaks given to small businesses last year will not only further stimulate the economy but are also a fulfilment of promises made to take steps to help reduce the cost of transportation and the impact of inflation on ordinary Nigerians.”
Explaining the role of the private sector in building a resilient economy, President Buhari said “this government has always emphasized that the private sector has a key role to play in our efforts to build a more resilient and competitive economy as expressed in the Economic Recovery and Growth Plan.
“Private companies in design, construction, logistics and finance are very much engaged in our infrastructural projects in power and rail as well as road and bridges and the installation of broadband infrastructure which is an essential requirement if Nigeria is to participate actively and benefit from the 4th Industrial Revolution.”
Continuing, the President added, “…it is clear that we must diversify the economy away from dependence on crude oil exports, speed up human capital development and improve on infrastructure. Above all, our economy must be made more resilient to exogenous shocks. It is important for the private sector to play a key role as we work together to identify national priorities and try to influence our future national trajectory.”
The President also gave insights to the collaboration between the CBN, the Nigerian Sovereign Wealth Investment Authority (NSIA) and other stakeholders in the creation of an Infrastructure Company (Infraco) Fund to address some of the nation’s critical infrastructure needs.
“It goes without saying that partnerships remain essential to attract the resources for building a solid national infrastructural base. I am pleased to inform you in this regard that we are working actively with the Central Bank, Nigerian Sovereign Investment Authority and State Governments under the auspices of the National Economic Council to design and put in place a N15 trillion Infraco Fund which will be independently managed.
“The Infraco Fund will help to close the national infrastructural gap and provide a firm basis for increasing national economic productivity and growth,” the President explained.
Restating the commitment of his administration to sustaining collaborations with the private sector in addressing challenges, President Buhari said “if there is one single lesson to be learnt from the COVID-19 pandemic, it is that partnerships are essential for credible responses with lasting effects.”
His words: “Our national journey to economic prosperity is a long one, so we must all certainly work together. As we saw, partnerships were essential when we were faced with the serious challenge of combatting COVID-19.
“We saw the key role that partnerships played in our national effort to combat the COVID-19 crisis. While Federal and State Governments worked together to manage the health response and ensure the establishment of isolation centres and availability of test kits, personal protective equipment, and medicines, the private sector also played an active role as individual entities, and also worked together in groups like the Coalition Against COVID-19.”
During the speech presentation, the Vice President responded to the issue of import duties raised by some speakers at the summit. The Vice President noted that “the point of the reduction in levies on motor vehicles, commercial vehicles for transportation is to reduce the cost of transportation by reducing the cost of vehicles.”
He explained that “with subsidy removal and the increase in fuel price and the pass-through to food prices, transportation costs had to be reduced. Now the automotive policy is directed at localizing the production of vehicles. So the logic was increase the duty and levies so that local production becomes more competitive. But the annual demand for vehicles is about 720, 000 vehicles per year. Actual local production is 14,000 vehicles a year.
“So, the problem is that at current rate of production, we will not meet the serious national needs and this will just mean higher prices of vehicles and greater strain on other sectors of the economy that depend on transportation. But we are not giving up on the local auto industry.
“Two important things to note; the first is that we still have relatively high duty at 35%, so there is still a disincentive for importation. Second is that we are promoting policy that the government must buy only locally manufactured cars.”
The opening session of the summit featured presentations by speakers including Chairman of the Nigerian Governors Forum and Governor of Ekiti State, Mr Kayode Fayemi; Governor Aminu Bello Tambuwal of Sokoto State; Chief Executive Officer of MainOne, Ms Funke Opeke; and the Chief Executive Officer of GIG Group, Mr Chidi Ajaere; among others.
Laolu Akande
Senior Special Assistant to the President on Media & Publicity
Office of the Vice President
23rd November 2020 | 2020 Finance Bill Exempts Minimum Wage Earners From Tax, Says Buhari | politics | President Muhammadu Buhari has said that the 2020 Finance Bill exempts earners of minimum wage from paying taxes. Advertisement Buhari disclosed this on Monday … Continue reading 2020 Finance Bill Exempts Minimum Wage Earners From Tax, Says Buhari |
https://www.channelstv.com/2017/09/21/breaking-pdp-suspends-ifeanyi-ubah/ | The National Caretaker Committee of the Peoples Democratic Party (PDP) has suspended the Managing Director of Capital Oil and Gas Limited, Dr Ifeanyi Ubah.
The Party also referred the senator representing Ogun East, Buruji Kashamu, to it disciplinary committee over allegations of anti-party activities.
The PDP announced Ubah’s suspension on Thursday over what they described as “disparaging and unfounded” allegations against some party members and elders.
According to them, the business mogul made several allegations against the party over which he was queried while expressing his dissatisfaction with the decisions of the PDP leadership on the report of the Anambra Governorship Appeal Panel which affirmed the election of Honourable Oseloka Obaze.
The party, however, said the matter has been referred to the National Disciplinary Committee for further action.
In the same vein, the PDP also queried Senator Kashamu for his alleged involvement in some issues in the Ogun State chapter of the party.
Senator Kashamu’s matter has also been referred to the National Disciplinary Committee of the party for further action.
The committee has been asked to report back to the PDP leadership in two weeks.
1. The National Caretaker Committee today announced the suspension of Dr. Ifeanyi Ubah, over his disparaging & unfounded allegations against pic.twitter.com/bxfjW8ArIM
— Official PDP Nigeria (@OfficialPDPNig) September 21, 2017
5. In the same vein, the Party also queried Senator Buruji Kashamu over his involvement in some issues in Ogun state chapter of the PDP pic.twitter.com/w1zCnCvEpJ
— Official PDP Nigeria (@OfficialPDPNig) September 21, 2017 | PDP Suspends Ubah, Refers Kashamu To Disciplinary Committee | business | PDP Caretaker Committee has suspended Dr Ifeanyi Ubah and also referred Senator Buruji Kashamu to its National Disciplinary Committee for... |
https://www.channelstv.com/2019/12/10/niger-governor-presents-n148bn-budget-for-2020-promises-not-to-abandon-projects/ | Governor Abubakar Bello of Niger State on Tuesday presented a budget estimate of N148billion for the year 2020.
Bello, during the presentation to the State House of Assembly at Minna, Niger State capital, said the 2020 budget tagged Budget of Inclusion for Sustainable Development, would focus on completion of all ongoing projects in line with the resolve of his administration not to abandon any project.
The budget constitutes over N69billion for recurrent expenditure and over N78billion for capital expenditure.
READ ALSO: Education Get Highest Allocation As Gombe Budgets N130.668bn
Bello highlighted of some of the projects executed under the 2018 budgets to include rehabilitation of some rural and urban roads; purchase of buses to enhance transportation services in the state.
According to him, Niger Sate has collaborated with the World Bank to rehabilitate the moribund Ladi Kwali pottery and that so far the sum of N45million has been committed to the project.
Also, over N100million was spent to put the Teachers professional institute in Shiroro Local Government in good condition while the ICT/E-library at the Justice Fati Lami institute of administration was reconstructed at the cost of N17million. | Niger Governor Presents N148bn Budget For 2020, Promises Not To Abandon Projects | business | Governor Abubakar Bello of Niger State on Tuesday presented a budget estimate of N148billion for the year 2020. Advertisement Bello, during the presentation to the … Continue reading Niger Governor Presents N148bn Budget For 2020, Promises Not To Abandon Projects |
https://www.channelstv.com/2013/12/19/zuckerberg-to-sell-facebook-shares-worth-about-2-3-billion/ | Facebook Inc founder and CEO Mark Zuckerberg will sell 41.4 million shares worth about $2.3 billion to pay tax bill, as part of an offering by the social network of 70 million Class A common shares.
Facebook shares, which have doubled in value this year, were down 4 percent at $53.54 before the bell.
Zuckerberg’s sale will reduce his voting power to 56.1 percent from 58.8 percent, the company said in a filing on Thursday.
Facebook said it expects Zuckerberg to use most of the net proceeds from the sale to satisfy taxes related to the exercise of an option to buy 60 million Class B shares.
Each Class A share is entitled to one vote, while Class B shares are entitled to 10 votes and are convertible at any time into one Class A share.
Board member Marc Andreessen will also sell 1.65 million Class A shares, while Facebook will sell 27 million.
J.P. Morgan, BofA Merrill Lynch, Morgan Stanley and Barclays are joint bookrunners for the offering. | Zuckerberg to sell Facebook shares worth about $2.3 billion | technology | Facebook Inc founder and CEO Mark Zuckerberg will sell 41.4 million shares worth about $2.3 billion to pay tax bill, as part of an offering … Continue reading Zuckerberg to sell Facebook shares worth about $2.3 billion |
https://www.channelstv.com/2014/02/15/lcci-advocates-rail-system-to-speed-up-cargo-clearance/ | The Lagos Chamber Of Commerce and Industry has called on the Federal Government to accelerate the resuscitation of the rail system to evacuate cargo from the Lagos ports.
The chamber described the menace of trucks and trailers on the roads as unbearable.
In a statement signed by the President of the chamber, Remi Bello, the 48 hours cargo clearance target set by government is far from being achieved at this time.
Major problem areas identified by the chamber were delays in the positioning of cargo at the port terminals and inadequate equipment for cargo handling, among others.
According to the chamber, the implication of these challenges include high demurrage charges arising from delays in clearing of cargo, disruption of production schedules of manufacturers as raw materials are not delivered in good time to factories and high cost of fund on borrowed funds by importers. | LCCI Advocates rail System To Speed Up Cargo Clearance | politics | The Lagos Chamber Of Commerce and Industry has called on the Federal Government to accelerate the resuscitation of the rail system to evacuate cargo from the … Continue reading LCCI Advocates rail System To Speed Up Cargo Clearance |
https://www.channelstv.com/2023/10/12/cbn-to-lift-forex-ban-on-43-items-to-intervene-in-fx-market/ | The Central Bank of Nigeria (CBN) has lifted the forex ban on 43 items and also promised to intervene in the FX market from “time to time”.
The apex bank had in 2015 restricted the items from accessing FX from the I&E window, saying they were “not valid for foreign exchange and could be produced in the country. Items affected include rice, cement, palm kernel, meat and processed meat products, poultry, soap, and cosmetics among others.
But in a statement, the bank’s Director of Corporate Communications Isa AbdulMumin said the ban has been lifted.
READ ALSO: Market Forces Can Never Stabilise Naira, Govt Must Intervene – Oshiomhole
“As part of its responsibility to ensure price stability, the CBN will boost liquidity in the Nigerian Foreign Exchange Market by interventions from time to time. As market liquidity improves, these CBN interventions will gradually decrease,” the Thursday statement read.
“Importers of all the 43 items previously restricted by the 2015 Circular referenced TED/FEMFPC/GEN/O1/010 and its addendums are now allowed to purchase foreign exchange in the Nigerian Foreign Exchange Market.”
“The Central Bank of Nigeria (CBN) will continue to promote orderliness and professional conduct by all participants in the Nigerian Foreign Exchange Market to ensure market forces determine exchange rates on a Willing Buyer- Willing Seller principle,” he added.
“The CBN reiterates that the prevailing Foreign Exchange (FX) rates should be referenced from platforms such as the CBN website, FMDCQ, and other recognised or appointed trading systems to promote price discovery, transparency, and credibility in the FX rates.
“As part of its responsibility to ensure price stability, the CBN will boost liquidity in the Nigerian Foreign Exchange Market by interventions from time to time. As market liquidity improves, these CBN interventions will gradually decrease.”
“The CBN has set as one of its goals the attainment of a single FX market. Consultation is ongoing with market participants to achieve this goal,” CBN added. | CBN Lifts Forex Ban On 43 Items, To Intervene In FX Market | politics | "The CBN has set as one of its goals the attainment of a single FX market. Consultation is ongoing with market participants to achieve this goal." |
https://www.channelstv.com/2022/06/05/apc-set-for-third-straight-victory-since-2015-buhari/ | President Muhammadu Buhari on Sunday said the ruling All Progressives Congress (APC) is set for its third victory since 2015.
He stated this during a meeting at the State House Abuja that drew in attendance members of the APC National Advisory Council, where he appraised the series of consultations held so far towards getting a widely acceptable presidential standard-bearer.
READ ALSO: 2023 Presidency: I Am The Voice Of Young People – Yahaya Bello
“I am pleased to inform you that those meetings have been fruitful and indicative of a party that is prepared and marching towards a third straight victory since 2015, at the presidential polls,” the President was quoted as saying in a statement issued by his media aide, Femi Adesina.
“I am optimistic that the outcome of this consultation with the National Advisory Council will in addition to sharpening our focus, help to fortify the positive democratic principles, practices and culture that already exists within the party system.
“In the course of these consultative processes, I have already met separately with the Progressive Governors and with all our eminent members who are aspiring to become the Presidential flag bearer for our party during the 2023 elections.”
See the full statement issued below:
STATE HOUSE PRESS RELEASE
APC SET FOR 3RD STRAIGHT VICTORY SINCE 2015, SAYS PRESIDENT BUHARI
At a meeting held Sunday night at State House, Abuja, with members of the National Advisory Council of the All Progressives Congress (APC), President Muhammadu Buhari appraised the series of consultations held so far toward getting a widely acceptable presidential standard-bearer, and concluded: we are on the way towards winning our third straight victory since 2015.
Saying the meeting was convened to provide leadership and direction during the transition period, the President added that the motive was “to strengthen our unity and to focus on building upon our electoral fortunes.”
He added: “I am optimistic that the outcome of this consultation with the National Advisory Council will in addition to sharpening our focus, help to fortify the positive democratic principles, practices and culture that already exists within the party system.
“In the course of these consultative processes, I have already met separately with the Progressive Governors and with all our eminent members who are aspiring to become the Presidential flag bearer for our party during the 2023 elections.
“I am pleased to inform you that those meetings have been fruitful and indicative of a party that is prepared and marching towards a third straight victory since 2015, at the presidential polls.”
President Buhari recalled that at the meeting with the Governors and the aspirants, “I underscored the important roles consensus building and consultation have played in the survival of successful political parties around the world, adding that our party should not be an exception.
“Recognizing the foregoing, therefore, I also emphasized the need to strengthen our unity, stabilize our internal cohesion and system as well as present a formidable Presidential candidate who has the ability to build a unified nation and the capacity to deal with our challenges.
“The party machinery has also screened all our aspirants to the office of the President and found that they consist of eminent personalities, rich in experience, capacity, commitment to service and accomplishment in life. This gives us a lot of confidence but it also comes with its challenges.”
He said that in the circumstances, in order to prevent any post-convention acrimonies and also reduce noticeable anxiety among members on the possible outcome of the process, the party leadership has recommended the intensification of consultation and consensus-building to reduce the number of aspirants as it approaches the convention, which commences Monday, June 6, 2022.
The President said in order to further support the efforts of the party, he has admonished the aspirants to consult among themselves and with the party, so that the objective of the recommendation by the leadership would be actualized.
And as members of the National Advisory Council of the APC, the President says he recognizes the fact that they all have diverse interests, spheres of influence and expectations. “You similarly possess the collective ability to ensure our victory at the 2023 polls by strengthening the stability and unity of the party.
“My charge and appeal to all of you, therefore, is to reach out to your various spheres of influence to actively promote the spirit of consultation and consensus-building so that a formidable candidate for the 2023 Presidential elections would emerge from the convention. Our citizens do not expect less from us.”
President Buhari assured as he did to the Governors and the aspirants, that in the interest of the nation and the party, he would lead the transition processes and ongoing consultations, “till we successfully choose our candidate for the 2023 presidential elections and record our third straight victory, thereafter, by God’s grace.”
Responding on behalf of the National Advisory Council (hitherto known as Board of Trustees) members, former Internal Affairs Minister and Senator, Major General Mohammed Magodo (retd), former Osun State Governor and first Interim National Chairman of the party, Chief Bisi Akande, and former Senate President, Chief Ken Nnamani, thanked the President for the consultative meetings and commended him for the great service he had rendered to the country, particularly in the areas of agriculture and infrastructure.
They were unanimous that with hard work and a united front, the APC would win the presidential election billed for February next year, as well as National Assembly, governorship, and State Assembly polls.
Femi Adesina
Special Adviser to the President
(Media and Publicity)
June 5, 2022 | APC Set For Third Straight Victory Since 2015 – Buhari | business | President Muhammadu Buhari on Sunday said the ruling All Progressives Congress (APC) is set for its third victory since 2015. Advertisement He stated this … Continue reading APC Set For Third Straight Victory Since 2015 – Buhari |
https://www.channelstv.com/2020/12/10/digital-privacy-france-imposes-135m-euros-fine-on-google-amazon/ | France’s CNIL data privacy watchdog said Thursday it had fined two Google units a total of 100 million euros and an Amazon subsidiary 35 million euros over advertising cookies.
The regulator said the fines were “for having placed advertising cookies on the computers of users … without obtaining prior consent and without providing adequate information.”
A cookie is a small piece of data stored on a user’s computer browser that allows websites to identify users and remember their previous activity.
The CNIL said when a user visited the website google.fr, several cookies used for advertising purposes were automatically placed on his or her computer, without any action required on the user’s part.
READ ALSO: Facebook Anti-trust Suits Seek To Separate Instagram, Whatsapp
It said a similar thing happened when visiting one page on the amazon.fr website.
CNIL said this type of cookie “can only be placed after the user has expressed his or her consent” and thus violated regulations on receiving prior consent.
It faulted Google for providing insufficient privacy information for users as it did not let them know about the cookies which had been placed and that the procedure to block them still left one operational.
CNIL also said Amazon had not provided clear or complete information about the cookies it placed on computers of users until a redesign in September 2020.
Google also stopped placing cookies on the computers of users without consent in September, CNIL said, but added it still does not provide a sufficient explanation for their use.
The regulator said “no matter what path the users used to visit the website, they were either insufficiently informed or never informed of the fact that cookies were placed on their computer.”
The 35-million-euro ($42-million) fine is on the Amazon Europe Core subsidiary.
CNIL imposed fines of 60 million euros on Google LLC and 40 million euros on Google Ireland Limited.
AFP | Digital Privacy: France Imposes 135m Euros Fine On Google, Amazon | technology | France’s CNIL data privacy watchdog said Thursday it had fined two Google units a total of 100 million euros and an Amazon subsidiary 35 … Continue reading Digital Privacy: France Imposes 135m Euros Fine On Google, Amazon |
https://www.channelstv.com/2020/09/30/google-unveils-new-pixel-handsets-with-5g-wireless/ | A Pixel smartphone sets a 2-meter (6.5 foot) perimeter for safe social distance as Scott Burns crosses the living room of his home in the Silicon Valley city of Santa Cruz on May 29, 2020. (Photo by Glenn CHAPMAN / AFP)
Google on Wednesday unveiled two new smartphones with 5G wireless capability under its Pixel brand, which showcases the Android mobile system but has limited market share.
The new Pixel 5 will start at $699 for US customers and its reduced-price Pixel 4a with 5G at $499, the California tech giant announced at a streamed event.
The phones will be available from October 15 in the US and other markets.
The new handsets are “packing more helpful Google features into phones backed by the power and speeds of 5G,” said Google vice president Brian Rakowski.
The announcement puts Google, for the moment, ahead of Apple in the 5G smartphone race, with a 5G iPhone widely expected to be unveiled in the coming weeks. It also positions Google with a competitively priced 5G device as consumers begin looking for upgrades.
Google’s Pixel handsets have won positive reviews for their powerful cameras and integrated artificial intelligence, but have failed to crack the top ranks of the smartphone market dominated by the likes of South Korea’s Samsung, Apple and China’s Huawei.
The Pixel devices nonetheless serve as a showcase for Google and Android, integrating hardware and software, and the newest Google applications.
“Google has pivoted its Pixel line from competing at the highest price points to offering more value, but the competition has intensified in the mid-tier market as well,” said Avi Greengart of the consultancy Techsponential.
“That leaves the Pixel 5 again trying to differentiate itself on its camera and software.”
The launch comes with the global smartphone market struggling from the pandemic-induced economic crisis and with many consumers waiting for 5G devices.
Total smartphone sales were down 16 percent in the second quarter, according to research firm IDC, whose survey showed Huawei leading the market ahead of Samsung, Apple, and Chinese firms Xiaomi and Oppo.
At Wednesday’s event, the company also announced a ramped-up version of its Google TV platform which competes against Roku and Amazon’s Fire TV.
“The new Google TV experience brings together movies, shows, live TV, and more from across your apps and subscriptions and organizes them just for you,” said Google TV senior director Shalini Govilpai.
Also unveiled was a new Nest Audio smart speaker which is 75 percent louder and has 50 percent stronger bass than its original smart speaker with the Google Home brand, according to the company.
-AFP | Google Unveils New Pixel Handsets With 5G Wireless | technology | A Pixel smartphone sets a 2-meter (6.5 foot) perimeter for safe social distance as Scott Burns crosses the living room of his home in the … Continue reading Google Unveils New Pixel Handsets With 5G Wireless |
https://www.channelstv.com/2019/05/13/apc-cautions-members-against-fake-news-on-kogi-bayelsa-gov-elections/ | The All Progressives Congress (APC) has cautioned party members, supporters and the general public on what it has described as fake news being spread in the social media on the upcoming Kogi and Bayelsa State governorship elections.
The National Publicity Secretary of the party, Lanre Issa-Onilu, in a statement on Monday, noted that the party had initially ignored the “fake statements” but it became necessary to debunk them, “particularly many of such statements being ascribed to the Party and the National Chairman, Comrade Adams Oshiomhole”.
According to the spokesperson, neither the party nor the National Chairman has made any statement at any forum regarding the elections and he described the reports making the rounds as “mere fabrications intended for mischief”.
He further stated that in line with President Muhammadu Buhari’s vision for the country and the APC’s continued effort towards deepening participatory democracy, the National Working Committee (NWC) will abide by the rules at every stage of the process of primary elections.
The party also promised to provide a level playing field to all aspirants, while adding that all relevant information and the official party guidelines for the respective elections will be released through its official channels in due course. | APC Cautions Members Against 'Fake News' On Kogi, Bayelsa Gov Elections | business | The All Progressives Congress (APC) has cautioned party members, supporters and the general public on what it has described as fake news being spread in the social media on the upcoming Kogi and Bayelsa State governorship elections. |
https://www.channelstv.com/2021/10/19/fg-scraps-dpr-pef-pppra-for-new-agencies/ | The Federal Government has scrapped the Department of Petroleum Resources (DPR), Petroleum Equalisation Fund Management Board (PEF[M]B), and Petroleum Product Pricing Regulatory Agency (PPPRA).
As a result, the government announced the transition of the now-defunct DPR, PEF(M)B, PPPRA to the newly introduced agencies and their chief executives with respect to the Petroleum Industry Act (PIA).
The scrapping of the three agencies was announced by the Minister of State for Petroleum Resources, Timipre Sylva, a statement from the ministry revealed.
“The new agencies are the Nigerian Upstream Regulatory Commission, as well as the Nigerian Midstream and Downstream Authority,” said the statement posted on the ministry’s Facebook page on Monday.
“The management team comprises Engineer Gbenga Komolafe, Chief Executive Officer of the Nigerian Upstream Regulatory Commission, while Engineer Farouk Ahmed is the Chief Executive Officer of the Nigerian Midstream and Downstream Regulatory Authority.
“H.E. Timipre Sylva charged the new chief executives to be up and doing in their respective areas, in order to ensure that there is a smoother, fuller actualisation of the PIA.”
Before the latest development, the DPR monitors fuel stations across the country to ensure products are not hoarded, among other functions while PEF(M)B is the special intervention put in place by the government to ensure products are sold at approved prices.
PPPRA, on the other hand, is saddled with the responsibility to determine the pricing policy and regulate the supply and distribution of petroleum products, among others.
On August 16, President Muhammadu Buhari signed the PIA to replace the obsolete Petroleum Act of 1969, after several years of pressure on successive administrations to enact the law.
Two days later, he approved the setting up of a steering committee chaired by Sylva to immediately commence the implementation of the Petroleum Industry Act (PIA). The committee has a duration of 12 months for the assignment.
President Buhari, in a letter dated September 16, asked the Senate to amend the PIA, saying the request became necessary after he reviewed the administrative structure of the Nigerian Midstream and Downstream Petroleum Regulatory Authority and the Nigerian Upstream Regulatory Commission.
He listed the three areas of the Act he sought to be amended to include the appointment of non-executive board members, removal of the Ministries of Petroleum Resources and Finance from the boards of the two institutions, as well as the appointment of executive directors. | FG Scraps DPR, PEF, PPPRA For New Agencies | politics | The Federal Government has scrapped the Department of Petroleum Resources (DPR), Petroleum Equalisation Fund Management Board (PEF[M]B), and Petroleum Product Pricing Regulatory Agency (PPPRA). … Continue reading FG Scraps DPR, PEF, PPPRA For New Agencies |
https://www.channelstv.com/2022/03/02/2023-rise-against-devilish-alliance-of-exploiters-prof-jega-urges-nigerians/ | Former Chairman of the Independent National Electoral Commission (INEC) Prof. Attahiru Jega is asking Nigerians and particularly Labour to rise for the emancipation of the country from what he describes as the devilish alliance of exploiters ahead of the 2023 general elections.
Prof. Jega, who was speaking at the 2022 Workers’ Political Conference organised by the Nigerian Labour Congress in Abuja, says the 2023 general elections may be the make-or-break epoch moment for Nigeria and all hands must be on deck to prevent the country from imminent collapse.
He says the issue of national emancipation for credible national development, which is beneficial to the Nigerian people, requires being raised higher on the front burner of national discourse by patriotic Nigerians. Professor Jega urged the citizens to get involved in broad political engagements towards improving the leadership recruitment process to elect good and popular representatives in governance and by so doing catalyze good democratic governance.
“The sorry states of this circular economy conditions under which Nigerian working people and indeed the overwhelming majority of Nigerian citizens live and work, the reckless misrule and misgovernance by a tiny rabid, reckless band of elite and collaborators, and the manner by which these may have picked so-called elected, so-called leaders and their collaborators, have devastated the Nigerian economy, heightened insecurity and virtually destroyed the basis for national cohesion and integration,” he said.
“Nigeria is crying for a rescue mission before it is too late. Comrades, such a rescue mission cannot be serious, positive, and successful without the active engagement and involvement of the Nigerian workers through their genuine representatives in working-class organisations.
“As the country prepares for the 2023 general elections, Nigerian citizens generally and the working class, in particular, can either continue to play the Ostrich on the current trajectory or reckless, senseless, visionless journey towards democratic and social-economic development and allow the country free fall into imminent self-destruction which clearly insight or they have to wake up, rise and join hands in solidarity for struggles and active engagement in the political process towards national emancipation, from what I call the devilish alliance of exploiters, both internal and external.” | 2023: Rise Against Devilish Alliance Of Exploiters, Prof Jega Urges Nigerians | business | Former Chairman of the Independent National Electoral Commission (INEC) Prof. Attahiru Jega is asking Nigerians and particularly Labour to rise for the emancipation of the country from what he describes as the devilish alliance of exploiters ahead of the 2023 general elections. |
https://www.channelstv.com/2012/10/21/senate-leadership-congratulate-mimiko/ | Senate President, Senator David Mark has congratulated Ondo state Governor Dr. Olusegun Mimiko of the Labour Party ( LP)over his victory at the Saturday’s gubernatorial election.
Senator Mark in the congratulatory message implored Mimiko to be magnanimous in victory just as he counseled losers to accept the result of the polls in the spirit of sportsmanship ,saying that politics is a game that ultimately produces winners and losers.
He told governor Mimiko to bring all stakeholders in Ondo politics on board in the task of administering the state adding that the new mandate is a challenge for greater services to the people of Ondo state.
Senator Mark also praised the Independent National Electoral Commission (INEC) and the Security operatives for ensuring a peaceful conduct of the polls.
Similarly the Deputy President of the Senate, Senator Ike Ekweremadu has described the re-election of Dr. Olusegun Mimiko as the Governor of Ondo State as “people’s verdict and democracy in action”.
Senator Ekweremadu stated this in a congratulatory message to the Dr. Mimiko and the people of Ondo State.
While expressing satisfaction with the efforts by the Independent National Electoral Commission, INEC and the security agencies at ensuring a credible poll, the Deputy President of the Senate commended the people of Ondo State for their peaceful conduct.
Ekweremadu noted that the Ondo election in many ways indicated that the electoral reforms carried out by the 6th National Assembly through constitutional amendment was yielding greater results by the day.
He said: “In the end, it is not just about who won, but about a democratic, violence-free, and mature electoral process where the people freely express themselves and realise their will that count above everything else”
He urged Dr. Mimiko to work to justify the confidence reposed in him by the people by “being magnanimous and humble in victory, while also rallying all capable hands towards the development of Ondo State irrespective of political persuasion”. | Senate leadership congratulate Mimiko | business | Senate President, Senator David Mark has congratulated Ondo state Governor Dr. Olusegun Mimiko of the Labour Party ( LP)over his victory at the Saturday's gubernatorial election. |
https://www.channelstv.com/2020/02/02/we-dont-want-bloodshed-in-nigeria-again-can-president/ | President of the Christian Association of Nigeria (CAN), Reverend Samson Ayokunle, has called on the Federal Government to put an end to insecurity and bloodshed in the country.
Reverend Ayokunle who spoke to journalists at the end of the three-day special fasting and prayer for Nigeria on Sunday, asked the government to up their game because their best is not enough.
“My message to Nigerians and the government is to urge the administration to up their game on the issues of insecurity.
“They said they are trying but their best is not the best; daily bloodshed is happening and we cannot be playing politics with the lives of men and women, they have the right to live and when they are dying, we cannot keep quiet.
“We don’t want bloodshed in Nigeria again,” he stressed.
READ ALSO: Helicopter Crash Greatly Strengthened My Faith, Says Osinbajo
The CAN President also called on the security heads to adopt a more modern approach in fighting crime, insisting that there is no reason why a victim will stay for days in the hands of kidnappers.
“We want to urge the security chiefs, in this day of technology; there is no reason why anybody will be with kidnappers for more than three days because through technology that God has given us in the world today, we can monitor anyone anywhere by satellite and through other means.
“What is the Nigerian security and defence doing that people will be kept against their will, be in incarceration and allowed to die or their relatives paying ransom in other to deliver their people.”
He called on politicians to stop using the lives of people to play politics and when there is an eventual stop to the bloodshed in the country, the government will get a commendation.
“The essence of government is to rise up to such nonsense and bring an end to it; Nigerians are very tired, if anybody is telling the government that they are doing their best, that person is not telling the truth.
“He is playing politics with human life and if politicians are playing politics, we in the church cannot play politics, the moment we don’t see bloodshed again, we will begin to commend you,” he said. | We Don’t Want Bloodshed In Nigeria Again - CAN President | business | Advertisement President of the Christian Association of Nigeria (CAN), Reverend Samson Ayokunle, has called on the Federal Government to put an end to insecurity … Continue reading We Don’t Want Bloodshed In Nigeria Again – CAN President |
https://www.channelstv.com/2019/03/10/uk-expresses-concern-over-military-interference-in-rivers/ | The British High Commission in Nigeria has expressed concerns over reported ‘military interference’ in Rivers State, stressing that the staff of the Independent National Electoral Commission, INEC, should be allowed to carry out their duties in safety.
The Commission in a tweet reacted to reports from its election observers, about tension at the collation centre in Port Harcourt, the Rivers State capital.
READ ALSO: BREAKING: PDP’s Okezie Ikpeazu Re-Elected As Abia Governor
“Extremely concerned by reports, including from @UKinnigeria observers, of military interference in the election process in Rivers State. Monitoring the situation closely. @inecng staff must be allowed to do their job in safety, without intimidation.”
The INEC officials deserted the collation centre after soldiers stormed the centre and chased policemen away from the premises.
The altercation eventually led to panic among the INEC officials, party agents, election observers, and journalists.
Extremely concerned by reports, including from @UKinnigeria observers, of military interference in the election process in Rivers State. Monitoring the situation closely. @inecng staff must be allowed to do their job in safety, without intimidation.
— UK in Nigeria🇬🇧 (@UKinNigeria) March 10, 2019 | UK Expresses Concern Over ‘Military Interference’ In Rivers | business | Advertisement The British High Commission in Nigeria has expressed concerns over reported ‘military interference’ in Rivers State, stressing that the staff of the … Continue reading UK Expresses Concern Over ‘Military Interference’ In Rivers |
https://www.channelstv.com/2015/04/19/nutrition-experts-urge-buhari-to-prioritise-agricultural-sector/ | The president elect, Gen. Mohammadu Buhari, has been asked to prioritize the agricultural sector of the nation’s economy through effective budgeting of about 10% of the annual budget to ensure food safety and adequate nutrition for Nigerians.
This advise was contained in a lecture tagged ‘The Agriculture, Food and Nutrition Interface; Advancing the frontier in Nigeria’.
Experts in the field also said that that strong political leadership, clear policy, guidelines, political will at all levels and adherence to international best practices are some of the recommendations needed to address the situation.
According to food and nutrition experts, about 805 million people in the world over are hungry, while 2 million are malnourished with Nigeria having a fair share of this figure. 11 million children under the age of five in the country continue to suffer as a result of this development.
Lack of food security has been identified as the root cause of malnutrition among Nigerians, but experts believe huge investments in agriculture, building an understanding of the best world practices, paradigm shift from primary agriculture practice to secondary and tertiary agricultural practices are recommended solutions that should be considered by General Buhari.
They believe that the future of food security and nutrition in the country is predicated on the ability of a reliable and sustainable budget analysis in order to attract adequate funding from relevant authorities. | Nutrition Experts Urge Buhari To Prioritise Agricultural Sector | politics | The president elect, Gen. Mohammadu Buhari has been asked to prioritize the Agricultural Sector of the nation's economy through effecti |
https://www.channelstv.com/2020/09/26/pdp-reconciliation-committee-meets-with-babangida-in-minna/ | Members of a Peoples Democratic Party (PDP) reconciliation committee on Saturday met with former President Ibrahim Babangida.
Chairman of the Committee and Bauchi State Governor, Bala Mohammed, told reporters at the Minna airport that the meeting’s purpose was to strategise on how to move the party forward.
Mohammed said the Committee was set up by the party’s National Working Committee to see how the PDP can maximise the gains it has made in recent elections, including in Bayelsa and Edo.
READ ALSO: Military Airstrikes Decimate Boko Haram Camps In Borno – Spokesman
Other members of the reconciliation committee who visited Babangida include former Governor of Jigawa State Sule Lamido and Presidential Aspirant of the PDP in the 2019 presidential election, Kabiru Turaki (SAN).
The visitors, who were led by the former governor of Niger state, Dr. Muazu Babangida Aliyu arrived Minna airport in a charted aircraft with registration number N604WL at exactly 1:15pm on Saturday.
The meeting with Babangida lasted for over three and a half hours.
“We came on a National Working Committee assignment,” Mohammed said, “to look at the problems and challenges of PDP generally and how we can maximise our fortunes, how we can move forward, coming out of the rubbles of loss in 2019 with dignity and humility, to be able to carry ourselves and provide the necessary leadership for this country to move forward.
“PDP is the darling of the country because we have learnt our mistakes in the past and we have admitted that, and you can see what happened in Edo. And by the grace of God, we will in Ondo, not by imposition, arrogance, exclusion and what have you, but by best practice;
“And that is why the National Working Committee, under the chairmanship of Uche Secondus, set up this committee to review the causes of our loss in 2019 and to see how we can maximise our fortunes and our gains that we are making so far within the Nigeria political landscape.” | PDP Reconciliation Committee Meets With Babangida In Minna | business | Members of a Peoples Democratic Party (PDP) reconciliation committee on Saturday met with former President Ibrahim Babangida. Advertisement Chairman of the Committee and Bauchi … Continue reading PDP Reconciliation Committee Meets With Babangida In Minna |
https://www.channelstv.com/2020/03/23/facebook-positions-messenger-to-help-combat-coronavirus/ | Facebook on Monday began enlisting outside developers to create ways its Messenger service can help health organizations battling the novel coronavirus.
The social network also invited software savants to take part in an online “hackathon” aimed at creating ways to use Messenger to ease social-distancing and deliver accurate information about the pandemic, according to Messenger vice president Stan Chudnovsky in a blog post.
He unveiled a global program intended to connect government health organizations and UN agencies with developers who can create ways to use Messenger share accurate information and speed up responses to people’s questions.
Software makers, for example, could help agencies automate answering common questions, to allow staff to tackle more challenging tasks.
Developers can also help organizations use software to quickly distribute updated information.
UNICEF and Pakistan’s Ministry of National Health already use Messenger to keep people posted about COVID-19, according to the Facebook-owned messaging platform.
Facebook-owned messaging service WhatsApp recently launched a free World Health Organization alert designed to answer questions about the coronavirus and debunk “coronavirus myths.”
The service, launching in English, is to expand in coming weeks to include Arabic, Chinese, French, Russian and Spanish.
WhatsApp last week launched a Coronavirus Information Hub in partnership with WHO and United Nations organizations.
WhatsApp, which claims more than a billion users, issued a $1 million grant to an International Fact Checking Network alliance devoted to reporting on coronavirus rumors spreading on messaging services.
“We think the most important step WhatsApp can take is to help connect people directly with public health officials providing crucial updates about coronavirus,” spokesman Carl Woog told AFP.
Concerns have been raised about WhatsApp and other messaging services being used to spread bogus information about coronavirus.
WhatsApp software prevents users from blasting messages to massive numbers of people at once, which tends to be a spam tactic.
The service also labels forwarded or chain messages to show people they did not come directly from a friend or family member.
AFP | Facebook Positions 'Messenger' To Help Combat Coronavirus | technology | Facebook on Monday began enlisting outside developers to create ways its Messenger service can help health organizations battling the novel coronavirus. Advertisement The social … Continue reading Facebook Positions ‘Messenger’ To Help Combat Coronavirus |
https://www.channelstv.com/2017/07/28/apc-denies-suspending-banire/ | The All Progressives Congress (APC) has described the news of the purported suspension of the Party’s National Legal Adviser, Dr Muiz Banire (SAN) as false.
The Party confirmed this in a statement by its National Publicity Secretary, Mallam Bolaji Abdullahi explaining that it does not hold the power to suspend a national officer.
“The attention of the National Working Committee (NWC) of the All Progressives Congress (APC) has been drawn to the purported suspension of the Party’s National Legal Adviser, Dr. Muiz Banire (SAN) by the Party’s executive committee in Mushin Local government area of Lagos State.
“We wish to state categorically that the purported suspension is a nullity as the local chapter of the Party does not have such powers to suspend a national officer.
“According to the Party’s constitution, such powers reside with the National Executive Committee (NEC) of the Party.
“The Party advises that whatever issues there might be, our Party structure and constitution provide ample avenues for redress and dispute resolution. If the local chapter is unable to achieve a resolution, the NWC can and will wade in the matter to achieve amicable settlement,” the statement read. | APC Denies Suspending Banire | business | The All Progressives Congress (APC) has described the news of the purported suspension of the Party’s National Legal Adviser... |
https://www.channelstv.com/2020/09/17/income-tax-fg-orders-account-holders-to-fill-self-certification-forms/ | The Federal Government has directed all account holders in the country to obtain and fill self-certification forms in line with the Income Tax Regulations 2019.
The directive contained in a series of tweets on Thursday stated that each account holder must submit the filled forms in their respective financial institutions.
“This is to notify the general public that all account holders in Financial Institutions (Banks, Insurance Companies, etc) are required to obtain, complete, and submit Self – Certification Forms to their respective Financial Institutions.
“Persons holding accounts in different financial institutions is required to complete & submit the form to each one of the institutions,” it stressed
The government, however, stated that the exercise is part of due diligence exercise mandated by the banks and other financial institutions in line with the Income Tax Regulations 2019.
According to the directive, the forms have been categorised into three: Form for Entity, for Controlling Person (Individuals having a controlling interest in a legal person, trustee, etc); and form for individual
The directive by the government warned that “failure to comply with the requirement to administer or execute this form attracts sanctions which may include monetary penalty or inability to operate the account.” | Income Tax: FG Orders Account Holders To Fill Self-Certification Forms | politics | Advertisement The Federal Government has directed all account holders in the country to obtain and fill self-certification forms in line with the Income Tax … Continue reading Income Tax: FG Orders Account Holders To Fill Self-Certification Forms |
https://www.channelstv.com/2014/09/27/jonathan-promises-engage-developmental-projects/ | President Goodluck Jonathan has promised Nigerians that his administration will continue to engage in more developmental projects that would be of benefit to all citizens.
At a gathering of members of the Peoples Democratic Party (PDP) in the south-south region held in Edo State on Saturday, President Jonathan stressed the need for the party members to be united while seeking political positions.
“Elections are coming and we have different interest and we use this platform to appeal to the people to know that at every level of election from the State of Assembly, Governors and National Assembly that so many people will be interested in the position.
“Struggles to be in these positions must be done in unity in order for us to get all our states back,” he said.
President Jonathan stated that ahead of the coming elections, there is the need to appeal to warring members of the party to sheath their swords.
Jonathan, who attended a commissioning ceremony of the Benin Ore road said that the road was made to serve Nigerians better.
He stressed that every internal wrangling in the party had been resolved and that every party member is treated equally.
“There is no discrimination, no godfather, no imposition. This is the only party that gives you the freedom and opportunity to climb to the highest. For Tom Ikimi to leave APC it means that the last oxygen has been removed and the state will return to the PDP.
“We will improve on all our infrastructure. We cannot do all the roads the same day but we will continue to work on the them,” he said.
He welcomed those that joined the party and assured them of the party’s commitment to providing a level playing field for all.
The national chairman of the party, Mr Adamu Muazu, also absolved Mr Tom Ikimi and other defecting members of the All Progressives Congress to the Peoples Democratic Party. | Jonathan Promises To Engage In More Developmental Projects | business | President Goodluck Jonathan has promised Nigerians that his administration will continue to engage in more developmental projects that would be of benefit to all citizens. … Continue reading Jonathan Promises To Engage In More Developmental Projects |
https://www.channelstv.com/2020/07/16/nlng-denies-withdrawal-of-1-05bn-from-dividend-account/ | The Nigeria Liquefied Natural Gas Limited (NLNG) has condemned the reports that it illegally withdrew the sum of $1.05 billion from its dividend account with the Nigerian National Petroleum Corporation (NNPC).
NLNG’s General Manager of External Relations and Sustainable Development, Eyono Fatayi-Williams, denied the claims in a statement on Thursday in Port Harcourt, the Rivers State capital.
She also faulted the allegations that the NLNG Managing Director/CEO, Tony Attah, and the NNPC Group Managing Director (GMD), Mele Kyari, were signatories to an account and have been misappropriating monies belonging to the company without approval.
Fatayi-Williams, however, clarified that as a private limited liability company, the NLNG duly pays dividends to its shareholders.
She added that the company has continued to operate in full compliance with regulations and the laws of the country.
The NLNG general manager dismissed the allegations and urged Nigerians to ignore them, stressing that they were baseless and untrue.
Read the full statement below:
16 July 2020
Port-Harcourt
The attention of Nigeria LNG Limited (NLNG) has been drawn to news reports on the investigation by the House of Representatives into alleged illegal withdrawal of US$1.05billion from NNPC’s (NLNG) dividend account and allegations that our Managing Director/CEO Tony Attah and the GMD, NNPC, Mele Kyari are signatories to an account and have been moving and “squandering” monies belonging to the company without approval.
For the purpose of clarity, NLNG wishes to state that the company, as a private limited liability company, duly pays dividends to its shareholders and continues to conduct its business in full compliance with regulations and the laws of the Federal Republic of Nigeria.
NLNG strictly follows extant protocols in the payment of dividends as value generated from the business and ensures that the process concerning payment of dividends to its shareholders is transparent and in full compliance with the laws of the Federal Republic of Nigeria.
Expectedly, NLNG’s involvement in the process ends with the payment of such dividend.
The governance and controls around the Company’s finances also make the allegations against the Managing Director and the GMD an impossible scenario and therefore members of the public are advised to disregard the allegations as it is totally baseless and simply untrue.
NLNG also wishes to emphasize that it continues to bring value to both its shareholders and the country, utilising best practices in the industry to monetise gas resources and contribute to the socio-economic wellbeing of the country in line with its vision of helping to build a better Nigeria.
Eyono Fatayi-Williams
General Manager, External Relations and Sustainable Development | NLNG Denies Withdrawal Of $1.05bn From Dividend Account | politics | Advertisement The Nigeria Liquefied Natural Gas Limited (NLNG) has condemned the reports that it illegally withdrew the sum of $1.05 billion from its dividend … Continue reading NLNG Denies Withdrawal Of $1.05bn From Dividend Account |
https://www.channelstv.com/2023/05/15/senate-presidency-sanwo-olu-pitches-support-for-akpabio/ | Lagos State Governor Babajide Sanwo-Olu, on Sunday, pitched his support for Stability Group rooting for the emergence of Senator Goodswill Akpabio and Senator Barau Jibrin as President and Deputy President of the 10th Senate.
The Governor said he aligned himself with All Progressives Congress (APC) zoning decision, having read the legislative agenda being pushed forward by the Akpabio-led team to raise the bar of lawmaking and readiness to collaborate with the incoming administration of the President-elect, Asiwaju Bola Ahmed Tinubu.
Sanwo-Olu openly endorsed Akpabio and Jibrin when he received members of the Stability Group in a consultative visit at the State House in Marina on Sunday.
The senators-elect’s visit to the Governor came a day after members-elect for the House of Representatives visited Sanwo-Olu for consultation.
READ ALSO: Ignoring South-East In 10th NASS Leadership Risky For APC – Ben Kalu
The Stability Group comprises 69 senators-elect who had already appended their signatures for the emergence of Akpabio and Jubrin.
Sanwo-Olu said the party nomination process to pave the way for election of senate leadership was in order, stressing that Akpabio’s team possessed the political credentials and leadership qualities to bring about uncommon transformation in our country.
The Governor urged the senate leadership nominees to make purposeful legislations as their priority, while maintaining harmonious working relationships with other arms of the government with compromising the Red Chamber’s independence.
He said: “Having discussed extensively and listened to all the plans and agenda presented by Stability Group led by Senator Akpabio, I believe it is proper and appropriate that we, in Lagos, give them our official endorsement.
“This is a project for the stability of the country, which will benefit Nigerians, especially the people who elected these distinguished lawmakers-elect. They are committed to working harmoniously with the executive and this will bring about a win-win for all our citizens and for democracy.
“We are encouraging other lawmakers-elect who are yet to be on this team to fall in line. I will also appeal to the Stability Group to continue their consultation and collaboration, and not to take anyone for granted. They have personally assured me that they will make the senate leadership as inclusive as possible. The diversity they are preaching is reflected in the number of the senators-elect on the team; it is not one party. The membership cuts across all the parties that are represented in the National Assembly.
“I believe the incoming 10th National Assembly will be about great possibilities and shaping new course for the nation. Given the outstanding profile and experience Senator Akpabio and his team are bringing to the table, I believe there will be new standards and new legislative records will break. I will only urge the incoming senate leadership to surpass whatever achievements recorded by the 9th senate.”
Akpabio, a former Senate minority leader representing Akwa Ibom North-West, described Tinubu as “God’s own choice” for the country’s leadership, saying the incoming administration required the support of dynamic legislative leadership to work together in order to achieve promises made to Nigerians.
The former Akwa Ibom Governor pledged he would deploy multi-faceted, multi-dimensional and national approach to lawmaking if he is elected senate president. He said the senate under his leadership would have a complete control over its affairs without being confrontational with the executive.
Akpabio said he and his deputy would work with the Tinubu administration to make the country better and bring legislations that will support development.
He said: “The Stability Group of the 10th senate is made up of men and women of integrity. We came today to show ourselves to the Governor and also solicit for his support. He has not only thrown his support behind us, he has shown so much hospitality. Today, he stood before the cameras to endorse my humble self to become the president of the 10th senate and Senator Jibrin as Deputy Senate President-designate.
We are not taking this support for granted. This team has senators-elect from different political backgrounds and parties; we are determined to ensure collaboration and support for the incoming administration of Tinubu whose presidency is a nationalistic project that will bring positive development to Nigeria. We want him to replicate what has happened in Lagos in the last 24 years of democracy to cover the rest of the country.
“Particularly, we are challenged by the economy; we want to see serious improvement in the IGR of the nation to enable us repay our loan facilities. We want to see more foreign direct investment in the country. We will support him through favourable legislations to ensure Nigeria remains investment-friendly and a business destination in Africa.”
Akpabio urged Sanwo-Olu to reach out to his governor colleagues on behalf of the group in order to pave the way for smooth legislative transition in the National Assembly. | Senate Presidency: Sanwo-Olu Pitches Support For Akpabio | business | The governor said he aligned himself with APC's zoning decision, having read the legislative agenda being pushed forward. |
https://www.channelstv.com/2012/06/19/acn-says-jonathans-trip-to-brazil-is-a-sign-of-insensitive-and-confused-leadership/ | The Action Congress of Nigeria (ACN) has strongly criticized President Goodluck Jonathan for embarking on a trip to Brazil for the UN Conference on Sustainable Development at a time, when according to the party, “Nigeria is facing what amounts to a national emergency, as citizens continue to die from gun and bomb attacks in several cities.”
The party in a statement issued by its National Publicity Secretary, Alhaji Lai Mohammed, said the decision by the President to travel two days after dozens of innocent Nigerians, including women and children, were killed or maimed by suicide bombers in Kaduna state, is a “sign of insensitive and confused leadership.”
“It said the fact that the trip was announced by the presidency as the Yobe state capital, Damaturu, was being terrorized by attackers raised serious concerns about the Jonathan Administration’s commitment to the security and welfare of the citizenry, which is the rason d’etre of any government” the statement read.
According to the party, the President should have cancelled the trip as a symbolic act of a caring leadership and out of respect for the souls that were lost – and are still being lost within the space of a few days, wondering: whether the President has become helpless and inured to the fate of his compatriots.
”Again, we are constrained to ask whether this President is getting quality advice from the myriad of aides surrounding him, or whether, like his benefactor, Olusegun Obasanjo, he has decided he may not even take any advice from his advisers.
”In other climes, the usual thing is for leaders to cancel foreign trips or rush home from such trips when their countries suffer tragedies.
Citing examples of world leaders that have cancelled trips to global events, the opposition party noted that, ”in April 2010, Chinese President Hu Jintao cut short his Latin American tour and returned home after a strong earthquake hit the west of China. This year, South Sudanese President Salva Kiir returned home early from his visit to China, due to the rising tension along the border of his country with Sudan, and even a phone-hacking scandal was enough for British Prime Minister David Cameron to cut short an African trade tour and return home in 2011.”
”Since our own President has not even left Nigeria when these latest tragedies broke, it is inexplicable that he will still hop into a plane with a huge entourage and fly out. He should realise that he is attending the conference because he is the President of Nigeria, not because he is Dr. Jonathan.”
Therefore, Nigeria’s paramount interest dictates that he stays at home and oversees efforts to prevent the precarious situation in Kaduna from degenerating into an all-out religious war,” the party said.
Triggering ethnic and religious crisis
The party also expressed its concern over the worsening daily terrorist attacks that have continued to take deadly tolls on human lives, in Kaduna and Yobe states.
The party urge security agencies to now look beyond Boko Haram, and consider the possibility that some elements are hell bent on triggering an ethnic and religious crisis in the country, thus making it ungovernable.
”Are there elements within and outside the Jonathan Administration who may be benefitting from this mindless killings?” the party asked.
ACN also expressed its worries on why the nation should be bedevilled with escalating security collapse, despite government’s massive budget for security.
More questions raised by the party are:
“Is the recent escalation linked to the huge sum of money (almost a quarter of the budget) allocated to security in the current budget?”
“Are there fifth columnists within the Jonathan Administration who are fuelling this crisis, considering that the President himself has said his government has been infiltrated by Boko Haram?”
These and other questions must be answered by security agencies as part of efforts to end this festering crisis,” the statement concluded. | ACN says Jonathan's trip to Brazil is a sign of insensitive and confused leadership | business | The Action Congress of Nigeria (ACN) has strongly criticized President Goodluck Jonathan for embarking on a trip to Brazil for the UN Conference on Sustainable Development at a time, when according to the party, “Nigeria is facing what amounts to a national emergency, as citizens continue to die from gun and bomb attacks in several cities.” |
https://www.channelstv.com/2020/04/30/nigeria-will-never-become-industrialized-by-selling-oil-says-atiku/ | Former Vice President Atiku Abubakar has called for the diversification of Nigeria’s economy, warning that the country will never be industrialized via dependence on crude oil.
Atiku who was the presidential candidate of the People’s Democratic Party (PDP) in the 2019 election, said this in an article he published on his Medium account.
In the post captioned “How to Pull Nigeria from the Brink,” Atiku called on the Nigerian government to look into the agricultural sector as a way of shoring up revenue in the face of dwindling oil fortunes.
“We must face the fact that reliance on crude oil is failing Nigeria and other mono-product economies, crude oil exporters,” he said.
READ ALSO: I’m Personally Not In Favour Of Drafting A Bill In The Middle Of A Crisis – NCDC DG
Recalling how agriculture used to be the mainstay of Nigeria’s economy in the 50s and 60s, Atiku admitted that diversification might not be easy but said it is possible.
While citing the United Arab Emirates (UAE) and Saudi Arabia as examples of oil-producing nations who have diversified their economies, he called on Nigeria to take advantage of the African Continental Free Trade Area agreement (AFCTA) to make the country “become an agricultural powerhouse in Africa.”
According to him, Nigeria must learn from “Venezuela’s predicaments,” stressing that “what is abundantly clear is that Nigeria is never going to become an industrialized nation by selling more oil, even if the oil market recovers.”
Also, he called for cost-saving measures including letting go of the Presidential Air Fleet, the cancellation of the planned renovation of the National Assembly and reduction of budgets for the legislature among others.
“We cannot be funding non-necessities with debt and not expect our economy to collapse,” he warned, adding that “The same cost-saving measures must be adopted by the states and councils government.” | Nigeria Will Never Become Industrialized By Selling Oil, Says Atiku | politics | Advertisement Former Vice President Atiku Abubakar has called for the diversification of Nigeria’s economy, warning that the country will never be industrialized via … Continue reading Nigeria Will Never Become Industrialized By Selling Oil, Says Atiku |
https://www.channelstv.com/2014/09/11/osun-election-tribunal-court-grants-pdp-permission-serve-aregbesola-petition/ | The election petition tribunal sitting in Osogbo, Osun State on the August 9 governorship election has granted the application filed by the People’s Democratic Party to serve the winner of the Osun election on the platform of the APC, Rauf Aregbesola, a copy of the petition challenging the outcome of the election.
The new Chairman of the tribunal, Justice Sulaimon Ambrusa, ordered that the petition be pasted at the entrance of the State Government House for the notice of Governor Rauf Aregbesola.
The PDP Lead Counsel, Barrister Afolabi Fashanu, assured that the petition as ordered by the tribunal, would be served to the respondent, adding that a copy of the petition has already been served to the National Headquarters of the APC in Abuja.
Counsel to the All Progressives Congress, Barrister Adekunle Adegoke, also asked the court to reverse the initial order of the tribunal which granted the PDP application for the inspection of election materials.
Moving the application before the court, Adegoke said that the petitioner’s counsel has not followed the procedures laid down for such request to be granted.
To this request, Justice Ambrusa said ruling on the application was adjourned till Friday, August 12, 2014.
Adegoke further argued that there was a petition sent to the NJC by the APC against the constitution of the panel, saying that based on this petition, the confidence in the panel was in doubt.
The petition, he noted, was written to the NJC following the constitution of the new panel, after the first tribunal, headed by Justice I.M Bako had been disbanded based on a petition written against it by Accord Party (AP).
Chairman of the panel, however, assured that the election petition tribunal under his ruling would not compromise in standing on the truth in the discharge of their duties. | Osun Election Tribunal: Court Grants PDP Permission To Serve Aregbesola Petition | business | Tribunal grants the application of the PDP to serve the winner of the Osun election, APC's Rauf Aregbesola, a copy of the petition challenging the outcome of the election. |
https://www.channelstv.com/2019/07/29/how-we-recovered-720-containers-with-abandoned-transmission-equipment-fashola/ | The immediate past Minister for Power, Works and Housing, Babatunde Fashola on Monday said about 720 containers were recovered with abandoned transmission equipment when he resumed in office as Minister.
Fashola disclosed this on Monday during the ministerial screening by the Senate on Monday.
He said at the commencement of his administration, the focus was on completing what was inherited from the Goodluck Jonathan-led administration which led to the recovery.
READ ALSO: Senate Resumes Ministerial Screening
“This led us to recovering about 720 containers belonging to the Federal Republic of Nigeria containing transmission equipment that had been left at the Nigerian port for almost a decade.
“Those equipment ultimately found their way to over 100 stations across the country and we had completed some of them by the time I left office,” he said.
Reeling out further achievements recorded while he served as Minister, Fashola added that power audit commenced in 37 federal universities. This according to him is aimed at lighting up the universities.
He said success was recorded in nine universities and Ndufe Alike University, in Ebonyi State will switch on next month.
“We also undertook the power audit of 37 federal universities in Nigeria with a plan to intervene and strategically deploy independent power to Nigeria’s federal universities as out contribution to education development.
“By the time I left, based on the limited resources we had, we had commenced nine as a first phase and all those nine are in various phases of implementation at the moment.
“I can say that from next month, Ndufe Alike University, in Ebonyi State will be the first to be commissioned next month.”
Fashola also noted that road networks of 14 Nigerian universities were built while he served as Minister.
According to him, the Federal Government is also, currently constructing houses in 34 states of the federation. | How We Recovered 720 Containers With Abandoned Transmission Equipment – Fashola | politics | The immediate past Minister for Power, Works and Housing, Babatunde Fashola on Monday said about 720 containers were recovered with abandoned transmission equipment when … Continue reading How We Recovered 720 Containers With Abandoned Transmission Equipment – Fashola |
https://www.channelstv.com/2014/10/31/okorocha-condemns-withdrawal-of-tambuwals-security-details/ | The Imo State Governor and Chairman of the All Progressives Congress (APC) Governors’ Forum, Rochas Okorocha, has condemned the withdrawal of security details attached to the Speaker of the House of Representatives, Aminu Tambuwal.
In a statement through his media aide, Sam Onwuemueodo, the Governor said that the reason given by the Police to justify their action was untenable and unacceptable.
He stated that Hon. Aminu Tambuwal, irrespective of his political party, still remains the Speaker of the Federal House of Representatives and by virtue of this position, he deserves to retain his security detail as his defection has nothing to do with his office.
The Governor said that it should be made clear that the Nigerian Police remains the property of all Nigerians irrespective of their groups or political affiliation and not that of the ruling party, PDP.
Governor Okorocha, however, enjoined the leadership of the Nigerian Police Force to demonstrate neutrality by restoring the withdrawn security details of the Speaker to avoid the action being interpreted as intimidation or undue harassment of the Speaker and the APC. | Okorocha Condemns Withdrawal Of Tambuwal's Security Details | business | Rochas Okorocha has condemned the withdrawal of security details attached to the Speaker of the House of Representatives Aminu Tambuwal. |
https://www.channelstv.com/2018/02/06/apc-is-paying-lip-service-to-restructuring-pdp/ | The Peoples Democratic Party (PDP), has taken a swipe at the ruling All Progressives Congress (APC), accusing it of paying lip service to the calls of Nigerians for restructuring.
PDP’s National Publicity Secretary, Mr Kola Ologbondiyan, spoke about the issue on Tuesday when he featured as a guest on Channels Television’s breakfast show, Sunrise Daily.
“We believe that the APC is merely paying a lip service to the issues they have brought out on true federalism and other issues bordering on restructuring of the nation,” he said.
According to Mr Ologbondiyan, media reports suggested that about 27 states perceived to be the stronghold of the APC have yet to make their returns on the proposed constitutional amendment.
He added, “The National Assembly is currently doing a constitutional amendment. As we speak now, they are expecting results from the various states.
“I saw a report in the newspaper this morning that said 27 states have yet to make their return to the National Assembly.
“During their voting in the Senate, what happened was that the PDP Senators were in the chamber waiting for the majority APC. And in the parliament, once a party has taken seat and the other party has yet to resume, and seating is about to begin, it then shows that the other party has gone for a pre-season meeting.”
Ologbondiyan is of the view that the delayed arrival of the APC lawmakers was a deliberate ploy to boycott the voting process on the devolution of power, which led to the rejection of the devolution of power. | APC Is Paying Lip Service To Restructuring - PDP | business | The Peoples Democratic Party (PDP) has taken a swipe at the ruling All Progressives Congress (APC) on its quest to heed the calls of Nigerians on the issues of restructuring. |
https://www.channelstv.com/2022/04/19/2023-elections-gac-endorses-sanwo-olu-for-second-term-says-spokesman/ | The Governor’s Advisory Council (GAC) in Lagos State has endorsed Governor Babajide Sanwo-Olu for another term in office.
GAC – the highest decision-making body of the All Progressives Congress (APC) in the state, gave the endorsement on Monday, said Mr Gboyega Akosile.
Akosile who is the Chief Press Secretary to Governor Sanwo-Olu explained in a social media post that the council took the decision at a meeting held in the state.
Breaking news: Lagos GAC gives nod to Governor @jidesanwoolu‘s second term bid. The Governance Advisory Council at a meeting in Lagos today gave pass mark to Sanwo-Olu for staying through to the developmental agenda of Lagos.
Congratulations dear boss! pic.twitter.com/9PlKJWYemv— Gboyega Akosile (@gboyegaakosile) April 18, 2022
[READ ALSO] 2023 Presidency: Campaign Group Raises Alarm Over Plot To Malign Osinbajo
This comes amid speculations that GAC had ignored Governor Sanwo-Olu and endorsed another candidate for the 2023 governorship election in Lagos.
Dismissing the rumour, the council said it never settled for any person to replace the governor ahead of the polls.
In January, Governor Sanwo-Olu had during an interview with Channels Television said the people of Lagos were aware of what they would miss if his administration was denied a second term.
Although he did not expressly state if he would seek re-election at the time, the governor stated that the people would decide if his administration would be given another term or not.
“I think we are doing a very good job,” the governor had rated his administration during an interview on Sunrise Daily. “If I dare say so, I think that the citizens know what it is they will be missing if they don’t let us continue to wrap up all the things we are doing.
“As we speak, we have done about two-thirds of our term – about 65.7 per cent, because we count it every day. The field is not open yet; the race has not been declared open yet. But for me, it is about ensuring that these four years that I have promised my citizens, I put every bit of my sweat into it.
“I will ask, I will consult; citizens, how do you see it? …. that’s how you get it down. Keep your focus on, try and finish very strong. You know when it is time for us to do all the politicking, we will do it.” | 2023 Elections: GAC Endorses Sanwo-Olu For Second Term, Says Spokesman | business | The Governor’s Advisory Council (GAC) in Lagos State has endorsed Governor Babajide Sanwo-Olu for another term in office. Advertisement GAC – the highest decision-making … Continue reading 2023 Elections: GAC Endorses Sanwo-Olu For Second Term, Says Spokesman |
https://www.channelstv.com/2019/12/15/channels-tvs-seun-okinbaloye-wins-television-programme-presenter-of-the-year/ | Channels Television’s political correspondent, Seun Okinbaloye, has emerged the Nigerian Media Merit Award (NMMA) Television Programme Presenter of the Year.
Okinbaloye bagged the honour at an event put together by the NMMA on Sunday at the Muson Centre in Lagos.
The award ceremony is an annual event organised to recognise individuals and organisations for media excellence in Nigeria and their contribution to the development of the sector.
Sunday’s event took place while Okinbaloye was presenting Sunday Politics, doing what he knows how to do best.
His recognition was a plus for Channels Television which also won the Best Television Station of the Year for the 13th time, extending its record in that category.
READ ALSO: Channels Television Emerges Best TV Station For The 13th Time
The TV station last won the Best Station of the Year in 2017, in addition to claiming the prize in 2000, 2001, 2003, 2004, 2008, 2010, 2011, 2013, 2014, 2015, and 2016.
Channels Television’s General Manager (Special Duties), Mr Steve Judo, led a team of staff members to the event to receive the awards on behalf of the organisation.
Others in attendance include the Controller of Programmes, Mr Ambrose Okoh, and Channels TV Presenter, Gimba Umar.
Elsewhere, TVC’s Mike Okwoche won the Television Newscaster of the Year while the Punch Newspaper beat the Guardian Newspaper and Daily Trust to win the Babatunde Jose Prize for the Newspaper of the Year.
Also in the print category, Abraham Ogbodo of the Guardian Newspaper bagged the Dele Giwa Prize for Editor of the Year, beating Nasir Abubakar of Daily Trust and the Punch’s Martin Ayankola.
A former governor of Ogun State, Olusegun Osoba, as well as a marketing communications practitioner, Biodun Shobanjo, were also recognised for a professional life dedicated to media excellence and service to the nation. | Channels TV’s Seun Okinbaloye Wins Television Programme Presenter Of The Year | business | Advertisement Channels Television’s political correspondent, Seun Okinbaloye, has emerged the Nigerian Media Merit Award (NMMA) Television Programme Presenter of the Year. Okinbaloye bagged … Continue reading Channels TV’s Seun Okinbaloye Wins Television Programme Presenter Of The Year |
https://www.channelstv.com/2012/07/26/patience-jonathan-did-not-buy-200-cars-for-africas-first-ladies-presidency/ | The Presidency on Wednesday denied allegations in the media that the Federal Government purchased 200 exotic cars as gifts for Africa’s First Ladies who are presently attending a summit being hosted by the the wife of the President, Dame Patience Jonathan.
In a statement issued by the Special Adviser to the President on Media and Publicity, Reuben Abati, the report was described as “utterly false and misleading”.
The statement clarified that while cars were provided for the African First Ladies Peace Mission (AFLPM) summit in Abuja, they were not meant as gifts as the NGO is funded by stakeholders and members of the private sector who identify with the objectives of the AFLPM.
“As part of its own contributions to the successful hosting of the summit by the First Lady, Patience Jonathan, Coscharis Motors Ltd. offered to provide some cars for the event at no cost to the organisers or the Federal Government of Nigeria.
“Under an agreement signed by the committee and Coscharis Motors, all the cars will be returned to the company after the summit.”
They denied any truth to the reports, saying it was falsified with no facts to support the claims.
The Congress for Progressive Change CPC had earlier described as “disgusting”, the hosting of the African First Ladies under the aegis of the African First Ladies for Peace Mission (AFLPM).
In a press statement released on Wednesday, the National Publicity Secretary of the party Engineer Rotimi Fashakin said the party noted with utter disgust, the hosting of the African First wives.
“As a Party, we wholeheartedly condemn this infernal show of insensitivity on the part of this administration and indeed, the People’s Democratic Party (PDP).”, the statement read. | Patience Jonathan did not buy 200 cars for Africa’s First Ladies - Presidency | business | The Presidency has denied allegations in media reports that the Federal Government purchased 200 exotic cars as gifts for Africa’s First Ladies who are presently attending a summit being hosted by the the wife of the President, Dame Patience Jonathan. |
https://www.channelstv.com/2018/02/14/toshiba-tips-return-to-black-as-it-sells-chip/ | Troubled Japanese conglomerate Toshiba said on Wednesday it would swing into the black for the full fiscal year as it completes the multi-billion-dollar sale of its chip business to restore its balance sheet.
The Tokyo-based firm said it now expects a net profit of 520 billion yen ($4.9 billion) for the year to March, reversing a net loss of 966 billion yen a year earlier.
Toshiba, which had earlier expected a full-year loss, upgraded its bottom line estimate as it factored in a drop in tax expenses associated with the sale of the prized chip business to a consortium led by Bain Capital.
The upward revision was also helped by the sale of US nuclear energy firm Westinghouse, which had long pressured Toshiba’s earnings because of its massive losses.
Among other factors behind the revision was last year’s issuance of 2.28 billion new shares to raise a total of 600 billion yen, a move aimed at avoiding a humiliating delisting from the Tokyo bourse.
“These outcomes have sufficiently addressed the material events and conditions that raised substantial doubts about the company’s ability to continue,” Toshiba said in a statement.
The firm made its forecast as it announced that in the nine months to December it saw a net profit of 27 billion yen, reversing a 532.5 billion yen loss for the same period last year.
Toshiba has been on the ropes after the disastrous acquisition of Westinghouse, which racked up billions of dollars in losses before being placed under bankruptcy protection.
Those losses came to light as the group was still reeling from revelations that top executives had pressured underlings to cover up weak results for years after the 2008 global financial meltdown.
In order to survive and avoid delisting, the cash-strapped group decided to sell the chip business — the crown jewel in a vast range of businesses ranging from home appliances to nuclear reactors.
“Uncertainty has been decreasing,” Hideki Yasuda, an analyst at Ace Research Institute in Tokyo, said before the announcement.
“Investors are focusing on Toshiba’s business strategies after it loses the chip business, Toshiba’s breadwinner,” Yasuda told AFP.
Earlier in the day, Toshiba announced Nobuaki Kurumatani, former deputy president of Sumitomo Mitsui Banking, would take over as its new CEO.
Current chief Satoshi Tsunakawa will stay on as Chief Operating Officer, the company said.
“Any excellent company has had difficult times in its history, and Toshiba has had an extremely difficult time in recent years,” Kurumatani told reporters.
“I think Toshiba can revive itself as a stronger company,” he added.
The replacement came as Toshiba said it had uncovered further accounting irregularities, this time at its Toshiba Tec overseas unit.
Workers inflated profits to the tune of 4.7 million euros, Toshiba said, adding that it would work to “further strengthen our internal management.”
Shares in Toshiba jumped 1.92 percent to close at 318 yen as the benchmark Nikkei index lost 0.43 percent.
AFP | Toshiba Tips Return To Black As It Sells Chip | technology | Troubled Japanese conglomerate Toshiba said on Wednesday it would swing into the black for the full fiscal year as it completes the multi-billion-dollar sale of its chip business to restore its balance sheet... |
https://www.channelstv.com/2023/03/23/ill-challenge-pdps-election-results-uba-sani/ | The Kaduna State Governor-elect, Senator Uba Sani, has said he will challenge some election results where the opposition Peoples Democratic Party (PDP) won with unimaginable margins.
The governor-elect, who spoke with the Hausa Service of the BBC which was monitored in Kaduna, expressed surprise that the PDP won some local government areas (LGAs) with “bogus figures”.
Sani, who contested under the All Progressives Congress (APC), said he would go to the Elections Petition Tribunal to contest the PDP’s victory in those areas, adding that after the verdict, the margin of victory between him and Isa Ashiru, the PDP candidate, would widen.
It will be recalled that Sani was declared the winner by the Returning Officer for Kaduna State and Vice-Chancellor of the Usman Dan Fodio University, Sokoto, Prof. Lawal Bilbis, on Monday.
According to the election results, Sani polled a total of 730,002 votes to defeat his closest rival, Ashiru, who polled 719,196 votes, with a difference of 10,806 votes.
READ ALSO: PDP’s Ashiru Vows To Challenge Kaduna Gov Poll Results
The governor-elect who said the elections were marred by irregularities in areas where the PDP won, gave the example of Chikun LGA, where the opposition got over 89,000 votes, describing the figures as unimaginable.
However, as the incoming governor, he promised the people of Kaduna State ‘’to be fair and even-handed to all, including those who didn’t vote for me. I’m glad with the outcome of the election. People came out and voted for me.”
On the allegation that his election was rigged, the governor-elect said such allegations is in the character of the Nigerian politician, adding that “God gives power to whomsoever He wants and when He wants.”
He recalled that in 2011, he lost the Kaduna Central senatorial election and his supporters urged him to go to court but he refused, believing that that was not his time, adding that “as God willed it, I became senator in 2019.”
The governor-elect expressed confidence that he would be victorious at the Elections Petition Tribunal where the opposition promised to challenge his victory, adding that he will also go to court to challenge the PDP’s “bogus victory” in some LGAs. | I’ll Challenge PDP’s Results – Kaduna Gov-Elect Sani | business | Sani polled a total of 730,002 votes to defeat his closest rival, Ashiru, who polled 719,196 votes, with a difference of 10,806 votes. |
https://www.channelstv.com/2023/08/24/tinubu-ready-to-allocate-money-for-quality-roads/ | Minister of Works, Dave Umahi, says President Bola Tinubu will allocate funds for the construction of quality roads across the country.
Umahi, speaking on Channels Television’s Sunrise Daily admitted that the significant issue encountered in road development is the construction cost.
“We are looking at all these things. How do we cut down costs? Because the primary issue is also the cost of construction,” he said on Thursday.
READ ALSO: 37 Rescued, Many Feared Trapped As Building Collapses In Abuja
“We are looking at the figures but, it looks like a lot of contractors are not willing, but I will make them to make the change – we are all engineers.
“I am telling them your profit, I will protect whatever thing you want to make but, let’s help Nigeria, let’s build a road that will last and the funny thing is that the government – the President will give out the money,” the former Ebonyi State governor added.
He, however, lamented that the cost of concrete is higher than asphalt.
According to the works minister, the quality of bitumen available and being imported in Nigeria is not comparable to what was in place in 1950 and 1960.
The minister, who was sworn in Monday, swung into action on Wednesday with a promise to redesign the Lokoja-Ajaokuta Road within two weeks. He said the rehabilitation of the road will commence immediately. | Tinubu Ready To Allocate Money For Quality Roads, Says Umahi | business | Umahi, speaking on Channels Television’s Sunrise Daily admitted that the significant issue encountered in road development is the construction cost. |
https://www.channelstv.com/2017/06/06/sec-may-revoke-licences-of-400-operators/ | The Securities and Exchange Commission may revoke the licence of about 400 capital market professionals on July 31.
The commission said that the operators in question include reporting accountants, solicitors and estate surveyors who fail to provide updated information about their operations.
To carry out the act, the commission said it would invoke the provisions of the Investment and Securities Act of 2007, that compels all capital market professionals to update their registration with the regulator.
The commission first issued the directive to operators in December 2016 and again, in February this year. | SEC May Revoke Licences Of 400 Operators | politics | The Securities and Exchange Commission may revoke the licence of about 400 capital market professionals on July 31. The commission said that the operators in … Continue reading SEC May Revoke Licences Of 400 Operators |
https://www.channelstv.com/2013/05/30/fg-to-investigate-banks-over-false-remittance/ | The Federal Government of Nigeria has begun investigating commercial banks for irregularities in remittances of revenue by some of them engaged in the collection of non- oil revenue for the federation account.
Money deposit banks across the country would be scrutinized as their activities concerning the receipt and remittances to the federation account of taxes and duties from the Federal Inland Revenue Service (FIRS) and the Nigerian Customs Service (NCS) have come under question to ascertain the extent of diversion by the banks.
The Revenue Mobilization, Allocation and Fiscal Commission (RMAFC) had earlier revealed that it discovered a wide range of irregularities and will work transparently to recover every excess deduction and stop further leakages.
At a news conference in Abuja, the chairman of RMAFC, Elias Mbam said the Federation Accounts Allocation committee (FAAC) has authorized it to carry out an investigation of the bank’s activities beginning from January 2008 to June 2012.
A total of 21 banks in the country have been contracted by the FIRS and the NCS to collect taxes and duties for the country. | Nigeria To Investigate Banks Over False Remittance | politics | The Federal Government of Nigeria has begun investigating commercial banks for irregularities in remittances of revenue by some of them engaged in the collection of … Continue reading Nigeria To Investigate Banks Over False Remittance |
https://www.channelstv.com/2023/02/06/rivers-govt-exonerates-wike-from-arrest-of-atiku-campaign-organisations-members/ | Rivers State Government has exonerated Governor Nyesom Wike from the arrest of members of the Atiku Abubakar Support Organisation.
Atiku, the presidential candidate of the Peoples Democratic Party (PDP), has been having a running battle with the Rivers governor after defeating him to clinch the party’s ticket last year.
On Sunday, there were reports that about 30 members of the campaign organisation were arrested by armed policemen during a meeting in Port Harcourt, the Rivers State capital.
READ ALSO: G-5 Has Not Reached Deal With Anyone, Says Wike
According to the spokesman of the campaign organisation, Victor Moses, some of those arrested were state and local government leaders of the organisation.
He alleged that the police operatives may have acted on the instructions of Governor Wike, who has refused to participate in activities of the PDP Presidential Campaign.
Reacting to the allegation on Monday, the State Commissioner for Information in Rivers State, Chris Finebone said it is illogical for the support group in the state to link Governor Wike to whatever issues it may have with the police.
Finebone told Channels Television that the allegation is one of the instances in which people find it convenient to point an accusing finger at a government in power.
Although the commissioner did not confirm the arrest of the organisation’s members, he, however, said if people have infringed on the law, the security agents must act to maintain peace. | Rivers Govt Exonerates Wike From Arrest Of Atiku Support Organisation’s Members | business | Atiku has been having a running battle with the Rivers governor after defeating him to clinch the party’s ticket last year. |
https://www.channelstv.com/2021/02/06/wto-leadership-okonjo-iweala-thanks-nigerians-buhari-u-s-for-support/ | Former Minister of Finance, Dr Ngozi Okonjo-Iweala, has thanked Nigerians and President Muhammadu Buhari for their support following her emergence as the sole candidate for the top job at the World Trade Organisation (WTO).
She also extended her appreciation to the United States government after the country endorsed her to become the Director-General of the global trade body.
Okonjo-Iweala, who was vying for the job with the Republic of Korea’s Trade Minister, Yoo Myung-hee, showed gratitude via her verified Twitter handle on Friday.
Grateful for the expression of support from the US today for DG @WTO. Congratulations to Madam Yoo of Rep. Korea for a hard fought campaign.Thank You President Muhammadu Buhari @MBuhari &all Nigerians for your unflinching support.Thank you friends. Love to my family.Glory to God.
— Ngozi Okonjo-Iweala (@NOIweala) February 5, 2021
While the majority of the member-countries of the organisation had endorsed the Nigerian candidate, Ms Myung-hee had enjoyed the support of former U.S. President Donald Trump in their bids to become the WTO DG.
On Friday, the Korean minister announced that she was abandoning her bid to lead the international trade body, leading to Okonjo-Iweala’s emergence as the sole candidate for the job.
Following the development, the Office of the U.S. Trade Representative, in a statement, said, “The United States takes note of today’s decision by the Republic of Korea’s Trade Minister Yoo Myung-hee to withdraw her candidacy for Director-General of the World Trade Organization (WTO).
“The Biden-Harris Administration is pleased to express its strong support for the candidacy of Dr Ngozi Okonjo-Iweala as the next Director-General of the WTO.
“Dr Okonjo-Iweala brings a wealth of knowledge in economics and international diplomacy from her 25 years with the World Bank and two terms as Nigerian Finance Minister.
“She is widely respected for her effective leadership and has proven experience managing a large international organization with a diverse membership,” it added.
Okonjo-Iweala, 66, was nominated as Nigeria’s candidate to lead the WTO by President Muhammadu Buhari in June 2020.
She is a Nigerian-American economist and international development expert who has a 25-year career at the World Bank, scaling the ranks to the second top position of Managing Director, Operations.
The Delta State-born economist served two terms as the minister of finance under former Presidents Olusegun Obasanjo and Goodluck Jonathan respectively. | WTO Leadership: Okonjo-Iweala Thanks Nigerians, Buhari, U.S. For Support | politics | Former Minister of Finance, Dr Ngozi Okonjo-Iweala, has thanked Nigerians and President Muhammadu Buhari for their support following her emergence as the sole candidate … Continue reading WTO Leadership: Okonjo-Iweala Thanks Nigerians, Buhari, U.S. For Support |
https://www.channelstv.com/2023/05/12/musk-picks-linda-yaccarino-as-twitter-ceo/ | Elon Musk has chosen top ad executive Linda Yaccarino to take the day-to-day reins of Twitter as he fights to reverse the tide at the struggling platform he bought for $44 billion last year.
Yaccarino is a highly respected advertising executive who stepped down from NBCUniversal “effectively immediately” on Friday as rumors swirled that she would replace the mercurial tycoon as Twitter CEO.
Twitter is struggling to find its footing after Musk’s controversial takeover that saw him fire thousands of staff and welcome back far-right and controversial figures on the platform, spooking away its highest paying advertisers.
Musk on Thursday teased Yaccarino’s hiring saying in a tweet that he had hired a woman to replace him as boss of Twitter and its newly named X Corporation parent, but without revealing the name.
Yaccarino’s departure from the company that owns NBC, Universal and Telemundo — where she has been since 2011 — came a few weeks after she interviewed Musk at a marketing conference in Miami.
Asked by Yaccarino at the time how it’s been going since the acquisition, Musk replied: “It’s going well…It’s entertaining….It’s a trainwreck sometimes.”
Yaccarino is one of the advertising industry’s most respected executives, but will face an uphill battle trying to attract major companies to come back to the platform.
In a tweet, Musk said he would remain in charge of design and technology at Twitter, with Yaccarino focusing primarily on business operations and turning Twitter into an “everything app” called X.
Musk’s history with the letter X goes back to 1999 when he helped created X.com, an online bank that was bought and later morphed into PayPal.
He has also longed to create a so-called everything app that would be modeled on China’s WeChat which functions as Twitter-like social media as well as offering messaging and mobile payments.
According to the company’s website, at NBCUniversal Yaccarino led a team of 2,000 people and “reengineered the advertising business for the 21st century.”
Musk has fully owned Twitter since late October and has repeatedly courted controversy as CEO, sacking most of its staff, readmitting far-right figures to the platform, suspending journalists and charging for previously free services.
With Yaccarino’s hiring, he is belatedly fulfilling the promise he made to honor the results of a Twitter poll he posted in December.
In that unscientific survey, a total of 57.5 percent of more than 17 million accounts voted for him to step down.
Wall Street had grown frustrated that Twitter was luring Musk away from his other businesses, and share prices in Tesla rose on news he had found a CEO.
AFP | Musk Picks Linda Yaccarino As Twitter CEO | technology | In a tweet, Musk said he would remain in charge of design and technology at Twitter, with Yaccarino focusing primarily on business operations and turning Twitter into an "everything app" called X. |
https://www.channelstv.com/2020/06/02/french-economy-to-shrink-11-this-year-minister/ | The French economy is expected to shrink 11 percent this year because of the coronavirus crisis, a “brutal” shock and worse than the government’s previous forecast of an eight percent contraction, Finance Minister Bruno Le Maire said Tuesday.
“The shock is very brutal,” Le Maire told RTL radio, though he said that “I am absolutely certain that we are going to bounce back in 2021.”
The business closures and confinement orders to halt the COVID-19 pandemic had left the economy gasping for air, he said, warning that “the hardest part is still ahead of us.”
The government has progressively revised upwards the damage caused by the pandemic and the latest estimate will be included in a recovery budget which will be submitted to ministers on June 10.
Last week, the official statistics agency INSEE warned that the economic contraction would be much larger than the government’s previous estimate of eight per cent, because the pickup as the virus lockdown was eased would only be gradual across the second half of the year.
READ ALSO: WHO Warns Of Pressure On Latin American Health Systems
The government has launched a series of massive aid packages, complete with billions of euros for key sectors such as tourism, the auto industry and aviation, to keep the economy afloat and plans a major programme by September to speed up the recovery.
Officials are progressively easing the restrictions imposed to curb the coronavirus outbreak, and Le Maire also announced that traditional mid-year sales by retailers would be pushed back to July 15 instead of June 24.
He said the delay had been requested by small-business owners who needed more time to prepare after being closed for more than two months.
AFP | French Economy To Shrink 11% This Year - Minister | politics | The French economy is expected to shrink 11 percent this year because of the coronavirus crisis, a “brutal” shock and worse than the government’s … Continue reading French Economy To Shrink 11% This Year – Minister |
https://www.channelstv.com/2022/06/10/knock-knock-whos-there-adesina-reveals-why-buhari-didnt-impose-candidate-on-apc/ | Following the conclusion of the All Progressives Congress (APC) Presidential Primary and the emergence of Asiwaju Bola Ahmed Tinubu as flagbearer of the party in the forthcoming election, some have asked why is it that President Muhammadu Buhari did not push for a consensus candidate of his choice.
Earlier in the build up to the APC special convention, the president had said that he has a candidate of his choice, however, as the day drew nearer, people were expecting him to name his preferred candidate, but President Buhari urged everyone to allow party delegates to decide, stressing that he has no anointed candidate.
While this came as a short to many, Presidential spokesperson, Femi Adesina, in his latest piece has revealed why his principal abstained from imposing his choice on the ruling party.
According Adesina, Buhari neutrality all the way, showed how much of a democrat he was, one who would walk the talk of his promise regarding leaving a legacy of a free, fair and credible process for the country.
Below is the article by the presidents spokesman, in which he goes deep to compare and contrast between Buhari and his predecessors, while leaving a poser for whoever will fill the president’s shoes when his tenure elapses next year.
READ ALSO: INEC Gives Atiku, Obi, Tinubu And Others One Week To Name Running Mates
KNOCK, KNOCK! WHO’S THERE?
If you are of my generation, and you have some literary inclination, you would have read the novel by James Hadley Chase, with the above title. Knock, Knock! Who’s There?
It was the dream of Johnny Bianda to own a boat off the coast of Florida. And he filched money for the boat from his firm, knowing full well that his employers would come after him one day, and kill him. It was inexorable, because his employers were Mafia.
The story of the novel has nothing to do with what I’m writing here today. It’s just the title that never ceases to intrigue me since when I read the book about 45 years ago. Knock, Knock! Who’s There?
The two major political parties have held their primary election, and presidential candidates have emerged. Former Vice President, Atiku Abubakar for the People’s Democratic Party (PDP), and former Lagos State Governor, Bola Ahmed Tinubu, for the All Progressives Congress (APC).
There are some other smaller parties who have come with their own candidates too. One is not discountenancing them, and miracles do happen. But APC and PDP can be called the major parties, having both produced Presidents for the country since return to democratic rule in 1999.
Knock, Knock! Who’s There? This would happen to all the political parties in the contest on February 25, next year. Millions of voters would knock on their doors, they’ll ask; who’s there, and answers would come.
Let me first talk of the last one week that led to the primary election of the APC. In an interview he granted in January, this year, President Muhammadu Buhari had indicated that he had a favorite candidate. Would he name the person? He balked, saying he would be exposing the individual to too much risks, including possible elimination.
It was human to have a favorite in such situation, and the President did no wrong. But would you unduly favor the person? Would you throw your weight around, ride roughshod over the others, and impose your favored one on your political party and the nation? We have seen it before. Former President, Olusegun Obasanjo, did it with Umaru Yar’Adua. He did same, though to a lesser extent with Dr Goodluck Jonathan. Can Buhari do it and remain a democrat, fair, impartial? Knock, Knock! Who’s There?
That was the matter of interest in the week before the primary election. There were at least 23 aspirants. Who would the President give the nod? Could he remain neutral, non-aligned? At least, he had confessed he had someone in mind. Would he remain even-handed, detached, non-discriminatory?
There were at least four consultative meetings, towards getting an acceptable candidate for the party. One was with the APC Governors, called Progressive Governors Forum. The other was with the presidential aspirants themselves, then with the National Advisory Council (formerly called Board of Trustees), and finally with the Northern Progressive Governors Forum.
The main things on the agenda was usually who would be the preferred aspirant. What part of the country would he come from? Would the President name his favorite, or leave it to democratic principle of voting? How did the President do it? How did he remain neutral, when he had earlier confessed that he had a favorite? It’s a test of fairness, being a democrat or not, and the President passed it, despite all the odds.
Each time a consultative meeting ended, there were twists and contortions to whatever the President said. They imported and imputed all sorts of interpretations, mostly unfounded and incorrect. Oh, this is what he meant. He said this and that. This is what he was actually saying. He just didn’t come straight. The man held his peace.
Primary Election Day came. And the President still remained neutral, despite having confessed that he had a favorite aspirant. How did he do it?
Strange. Supernatural. Curious. Knock, Knock! Who’s There? But President Buhari remained unobtrusive, demure, self-effacing, till a candidate finally emerged.
While the process lasted, I had observed people who were core Buharists, but now on different sides of the divide, go for one another’s jugular. Some were virulent, odious, descending to the level of indecency. But now that the race is over, can they sheathe their swords? Is there anything in life that should make us become indecent, uncouth in both language and action? Fie! Fie, I say.
The day of decision will come in February. May God spare us till then, and beyond. President Buhari has done his level best for his party, and the country. He has been beleaguered by some forces and interests since 2015, and it had largely been about the quest for power. He is exiting decently, orderly, doing his best till the last day.
The onus is now on Bola Tinubu, Atiku Abubakar, and the other candidates to answer the ring at the door. Knock, Knock! Who’s There? | KNOCK, KNOCK! WHO’S THERE? – Adesina Reveals Why Buhari Didn’t Impose Candidate On APC | business | Following the conclusion of the All Progressives Congress (APC) Presidential Primary and the emergence of Asiwaju Bola Ahmed Tinubu as flagbearer of the party … Continue reading KNOCK, KNOCK! WHO’S THERE? – Adesina Reveals Why Buhari Didn’t Impose Candidate On APC |
https://www.channelstv.com/2014/11/24/four-members-of-amosuns-cabinet-resign-over-political-ambition/ | The Ogun State Governor, Ibikunle Amosun, has announced the resignation of four members of his cabinet aspiring for different political offices in the forth coming general elections in the state.
The members, who resigned include, the Commissioner for Youth and Sports, Mr Lanre Tejuoso, Deputy Chief of Staff to the Governor, Mr Suaib Salisu, the Special Assistant to the Governor on Environment, Mr Tunde Sanusi and the Commissioner for Urban and Regional Development, Mr Gbenga Otenuga
While commending them for their various contributions towards the success story of his administration,the governor however wished them the best of luck in their political careers. | Four Members Of Amosun's Cabinet Resign Over Political Ambition | business | Ibikunle Amosun has announced the resignation of four members of his cabinet aspiring for different political offices in the forth coming elections. |
https://www.channelstv.com/2018/12/06/senate-asks-oil-marketers-to-rescind-decision-on-oil-depots-shutdown/ | The Senate has called on oil marketers to as a matter of national interest rescind their seven-day ultimatum and allow the Federal Government a little more time to look into their demands.
The oil marketers had earlier given a seven-day ultimatum from November 27 to the Debt Management Office (DMO) to not only pay outstanding subsidy debts but adhere to an agreement reached with Vice President Yemi Osinbajo, failure of which the marketers have threatened to shut down their facilities nationwide.
The seven-day ultimatum issued by the oil marketers to the Federal Government is for the payment of all outstanding subsidy debts, including foreign exchange differentials and interest rate component, owed to them.
READ ALSO: Minimum Wage: Reps Ask Buhari To Transmit Report Of Tripartite Committee To NASS
The Chairman of the Senate Committee on Petroleum Downstream, Kabiru Marafa, who raised the matter during Thursday’s plenary session said the action by the marketers if not well checked may result in artificial fuel scarcity during the festive season and through the election period.
The Senate also asked the Federal Government to direct all the concerned agencies to immediately pay the subsidy arrears as approved by Federal Executive Council (FEC) and passed by the National Assembly.
Oil marketers on Monday, December 3, gave the Federal Government a seven-day ultimatum, to settle outstanding debts totalling N800billion.
The marketers, comprising Major Oil Marketers Association of Nigeria (MOMAN), Depot and Petroleum Products Marketers Association (DAPPMA) and Independent Petroleum Products Importers (IPPIs), said failure to meet the deadline would also force its members to disengage workers from depots and shut down depots across the country. | Senate Asks Oil Marketers To Rescind Decision On Oil Depots Shutdown | politics | The Senate has called on oil marketers to as a matter of national interest rescind their seven-day ultimatum and allow the Federal government a little more time to look into their demands. |
https://www.channelstv.com/2018/10/07/2019-dogara-congratulates-atiku-says-pdpll-lead-nigeria-to-transformation/ | Speaker of the House of Representatives, Yakubu Dogara, has congratulated former vice president, Abubakar Atiku, on his emergence as the presidential flag bearer of the Peoples Democratic Party (PDP).
The speaker congratulated him in a tweet on Sunday, adding that he was hopeful that the PDP would emerge as the ruling party in 2019 and bring the desired transformation to the nation.
Congratulations to H.E. Alhaji Atiku Abubakar [@atiku] on his emergence as the @OfficialPDPNig presidential candidate. I am hopeful that come February 2019, PDP will lead Nigeria to the transformation that we so dearly desire as citizens of this great country. https://t.co/0rQUwtJzWt
— Rt Hon Yakubu Dogara (@YakubDogara) October 7, 2018
Also in a statement issued by his Special Adviser on Media and Public Affairs, Mr Turaki Hassan, Dogara said the task before Atiku is now to unite with other aspirants to work towards the success of the party in the 2019 elections.
He said he was confident that with proper strategies and consensus, the party will win the 2019 elections and break the chain of bad leadership in the country.
The speaker said, “One would not be entirely wrong if we say that the problem of Nigeria, or the bane of development of this country is bad leadership. Not even the challenge of infrastructure, not the bloodletting we are witnessing in different parts of Nigeria from Zamfara, down to the middle-belt states of Taraba, Benue, Plateau, Southern Kaduna, Adamawa and the rest and sundry acts of kidnapping across this country.
“Of course, we have the problem of infrastructure. Those of us delegates who traveled by road from our various states down to Port Harcourt for this exercise will bear an ample testimony to the fact that we are living in a country with decayed infrastructure.
“Obviously, the biggest challenge of them all is leadership. If we have the right leadership, education will not be a problem, infrastructure will not be a problem, getting or inspiring our citizens to live in peace will not be a problem.”
“With the right leadership, Nigeria will be the pride of not only the black man but of the entire world and that is the responsibility that has fallen on the shoulders of the PDP delegates that we have here today. This is the responsibility that has been outsourced to us by our different citizens from across the states.”
“Come February 2019, PDP will lead Nigeria to the transformation that we so dearly desire as citizens of this dear country.”
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He commended other aspirants for accepting the outcome of the exercise, stating that their dedicated involvement is the foundation that will lead the party to victory in the presidential elections. | 2019: Dogara Congratulates Atiku, Says PDP’ll Lead Nigeria To Transformation | business | Speaker of the House of Representatives, Hon Yakubu Dogara, has congratulated former vice president, Alhaji Abubakar Atiku, on his ... |
https://www.channelstv.com/2019/08/30/tribunal-strikes-out-pdps-petition-challenging-al-makuras-victory/ | The National and State Houses of Assembly Petition Tribunal sitting in Lafia, Nasarawa State, has struck out the petition filed by the Peoples Democratic Party challenging the March 9, 2019 election which returned Umaru Tanko Al-Makura as the Senator representing Nasarawa South Senatorial District.
Mr. Suleiman Adokwe, candidate of PDP in the election, had approached the tribunal challenging the victory of Al-Makura, who is the former governor of Nasarawa State and candidate of the All Progressives.
The PDP candidate who was a three-term Senator from the Senatorial Zone, argued that the declaration of Al-Makura as the winner of the election was unlawful, alleging non-compliance with the Electoral Act, intimidation of voters, unlawful cancellation of votes and malpractice in the election.
But the tribunal struck out the suit in a unanimous judgment on Friday.
Chairman of the Tribunal, Justice David Ugoh, asserted that the petitioner has failed to prove that the respondent did not score the highest lawful votes cast in the election.
Justice Ugoh added that the petitioner failed to prove his claim of non-compliance with the Electoral Act, and show how voters were prevented from voting, the illegal cancellation of results, and how malpractices were carried out.
Also, the judge said the petitioner has failed to provide witnesses from the various polling units to prove their allegation, but brought a witness who was not a polling unit agent.
Stressing that the burden of proof was with the petitioner, the Judge said the petition was lacking in merit, adding, “We, therefore, upheld the result declared by the Independent National Electoral Commission”.
Reacting shortly after the judgement, Israel Usman, Counsel to the petitioner, Adokwe, said they would study the judgement and decide on the next line of action. | Tribunal Strikes Out PDP’s Petition Challenging Al-Makura’s Victory | business | The National and State Houses of Assembly Petition Tribunal sitting in Lafia, Nasarawa State, has struck out the petition filed by the Peoples Democratic … Continue reading Tribunal Strikes Out PDP’s Petition Challenging Al-Makura’s Victory |
https://www.channelstv.com/2016/03/25/pdp-senators-demand-investigation-rivers-election-violence/ | The Peoples Democratic Party (PDP) caucus in the Senate is asking President Muhammadu Buhari to set up a panel of inquiry to investigate the violence that trailed the national and state assembly election in River State.
At a media briefing, the Senate Minority Leader, who is also the leader of the caucus, Senator Godswill Akpabio, called on the Independent National Electoral Commission (INEC) to release the outstanding results in the Rivers State rerun elections.
Senator Akpabio said that the lawmakers had resolved that INEC should release election results particularly those collated from all polling units and local government areas in their possession.
The senators, while condemning the acts of violence that trailed the election, also said that the panel of inquiry should ensure that those behind the act are brought to justice.
The lawmakers also agreed to send a delegation to commensurate with families of those who lost their lives during the exercise.
The INEC had suspended all action on the Rivers election, saying it would wait until it receives reports from its officials in the field. | PDP Senators Demand Investigation Into Rivers Election Violence | business | The PDP senators are asking President Muhammadu Buhari to set up a panel of inquiry to investigate the Rivers Election violence. |
https://www.channelstv.com/2012/11/12/finance-minister-is-playing-anambra-politics-ifeanyi-uba/ | The Managing Director of Capital Oil and Gas, Ifeanyi Uba on Monday accused the Coordinating Minister of the Economy and Minister of Finance, Ngozi Okonjo-Iweala of using her position to engage in local politics.
Speaking as a guest on Channels Television’s programme, Sunrise Daily, Mr Uba said the Minister is also assuming the position of a god.
“She’s playing Anambra state politics with her job and reputation. She is assuming to be god; she’s not god,” he said. | Finance Minister is playing Anambra politics – Ifeanyi Uba | business | The Managing Director of Capital Oil and Gas, Ifeanyi Uba on Monday accused the Coordinating Minister of the Economy and Minister of ... |
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