Breaking News in Nigeria Today Monday 16th March 2020
Here are some of the Breaking News in Nigeria Today Monday 16th March 2020 on some of the nation newspapers .
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Tantalizers: Competition, operational costs drain earnings
Volatility in the overall economic and business climate is taking a negative toll on the earnings of Tantalizers Plc. Chris Ugwu writes L ike in most African countries, Nigeria’s hospitality industry is faced with myriad of challenges ranging from poor energy supply and insecurity to misconstrued internal perception, cynical global perspicacity, poor customer service, little or no standardisation in operations, inconsistent regulatory environment and skilled labour shortages, among others.. Made worse is infrastructure deficiency, which has inevitably transferred the high production cost to consumers and also resulted…
PenCom: Wary moments over non-supervisory board
The non-constitution of a supervisory board for the National Pension Commission (PenCom) has continued to generate concerns among lawmakers, members of the organised private sector (OPS) and stakeholders, just as it is also placing the over N10 trillion pension assets at risk, Sunday Ojeme reports T he current administration as it is has probably set the record of having the highest number of agencies operating with boards. Abnormal as the situation is, the Federal Government appears not to bother, despite outcry from various quarters including individuals, stakeholders,…
Group faults politicians behind anti-Amotekun protest in Lagos
A pan-Yoruba Group, Yoruba Youth Forum (YYF), has faulted those behind protest and the opposition being mounted by a group known as Yoruba Appraisal Forum against South-West Security Outfit codenamed Amotekun and its passage into law in the region, describing it as hands of Esau and voice of desperate politicians who were head bent at frustrating good effort by the South-West governors to protect lives and property. YYF in a statement by its President-General, Comrade Abiodun Bolarinwa said that the anti-Amotekun group was acting a script of…
We’ve executed 635 World Bank Assisted Projects in Ekiti, says Fayemi
E kiti State Governor, Dr. Kayode Fayemi, has said that a total of 635 micro projects have been executed in 133 communities across the 16 local government areas of the state since the beginning of his second term in office in 2018. The projects, which he said were at various stages and undertaken through the Ekiti State Community and Social Development Agency (EKCSDA) in partnership with the World Bank were part of the giant strides of his government towards mitigating the level of poverty in the rural areas. The…
Oshodi: Ethical banking appeals to most Nigerians
Basheer Oshodi, Group Head, Non-Interest Banking at Sterling Bank, speaks on the exponential growth of non-interest finance, its appeal to a large number of Nigerians and how it can bridge the country’s yawning infrastructure gap. What is non-interest banking and how has it helped to finance infrastructure deficit in developing and developed markets? Non-interest banking is largely based on the principles of Islamic commercial jurisprudence and, therefore, prohibits interest, uncertainty, gambling and unethical concerns. From the classical sources of Shariah, scholars have derived a variation of compliant…
NGOs ask Bauchi to adopt whistle blower policy
I n support of Federal Government’s policy on corruption, a non-governmental organisation (NGO), Cleen Foundation, in conjunction with Prison Inmate Development Initiative (PIDI), has appealed to Bauchi State government to domesticate the whistle blower policy to make way for citizens to expose looters and corrupt persons. This was made known yesterday by Executive Director, Prison Inmate Development Initiative (PIDI), Mr. Mbami Iliya Sabka, in a press release in Bauchi yesterday. “According to him, “Although, the policy has not become law as it is still pending at the National…
Odubu: APC’ll come out stronger with Oshiomhole still party chair
F ormer Edo State deputy governor and governorship aspirant on the platform of the ruling All Progressives Congress (APC) for the September 19 election in the state, Dr Pius Odubu, yesterday said the current threat to the office of the National Chairman of the party, Adams Oshiomhole, wouls soon be over. This was as the plot by forces within the party to pull the rug off the feet of the party’s national chairman intensified ahead of tomorrow’s likely meeting of members of the party’s National Executive Committee (NEC).…
Diri: We’ll promote food sufficiency in Bayelsa
B ayelsa State Governor, Douye Diri, at the weekend said that one of the major targets of his administration would be to promote food sufficiency and diversification of the local economy through agriculture. This he said he would do through the Central Bank of Nigeria (CBN) facility loan, which he said would benefit only farmers in the state irrespective of political affiliation. Maintaining that the loan facility would help to boost the state’s internally generated revenue (IGR), the governor stated the facility would promote farming and other agricultural…
APGA accuses APC of luring its members in Nasarawa
C hairman of the All Progressives Grant Alliance (APGA) in Nasarawa State, Adams Nyisana, has accused the All Progressives Congress (APC) in the state of luring its members into the fold of the ruling party. Nyisana said APC was using appointments and promises of same to lure APGA members into their party. The APGA chairman in a statement signed and made available to newsmen in Lafia, said immediately the current administration in the state assumed office, APGA became their target, adding that APC had resolved to woo APGA members…
Stakeholders, monarchs to end Plateau, Kaduna boundary dispute
T raditional rulers, stakeholders and mediators have expressed confidence that the long standing boundary dispute between Aten people of Riyom Local Government Area of Plateau State and Attakar people of Kaura Local Government Area of Kaduna State that has been generating tension in the affected communities would be amicably settled. The mediation effort is a joint initiative of the Plateau State Peace Building Agency and the Kaduna State Peace Commission with support from the United States Institute of Peace (USIP). The land dispute had necessitated a peace dialogue…
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