Author: Stanley Ugagbe

The Lagos State Government has disclosed that it is set to rebuild the major road on Eti-Osa-Lekki-Epe Expressway. According to the government, the flag-off of the reconstruction and upgrade of the road will hold tomorrow. Speaking during an inspection of the road on Friday, the Special Adviser to the Lagos State Governor on Works and Infrastructure, Engineer Aramide Adeyoye, said that despite the economic recession, dwindling financial resources occasioned by the COVID 19 pandemic and the most recent unwarranted violence unleashed on government infrastructure, Governor Babajide Sanwo-Olu remains focused on promoting economic prosperity through the provision of sustainable road infrastructure…

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Investors should be expecting and preparing for significant market volatility in the event of a disputed outcome of the U.S. presidential election in five days’ time, warns the CEO of one of the world’s largest independent financial advisory and fintech organisations. The warning from Nigel Green, the chief executive and founder of deVere Group, which has $12bn under advisement, comes as President Donald Trump and his Democratic White House rival Joe Biden both hold rallies in the critical election state of Florida. Biden maintains a substantial lead over Trump nationwide, according to most polls. Green says: “Biden is leading in…

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The Inspector-General of Police, Mohammed Adamu has stated that the report by the Amnesty International that police shot at Peaceful #EndSARS Protesters during the two-week-long protest is not true. In a statement on Friday by the Force Public Relations Officer, Frank Mba, the IGP averred that Police personnel were professional and exercised maximum restraints during the protests which rocked the nation. “The Inspector-General of Police, IGP M.A Adamu, NPM, mni has affirmed that officers of the Nigeria Police Force acted professionally, exercised commendable restraints and some paid the supreme price for peace during the recent protests and ensuing violence in…

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The Peoples Democratic Party (PDP) has called on Nigerians, particularly the leaders, to use this year’s Eid-el Maulud celebrations to kindle a national rebirth with actions that reassure the people and reinforce stability, unity and peaceful co-existence in the country. In a statement by its National Publicity Secretary, Kola Ologbondiyan “The party also charges all people of faith across the country to use the occasion to pray for direction and God’s intervention to enable our nation to overcome its current social, economic and security challenges. “Indeed, Eid-el Maulud, the celebration of the birth of the Holy Prophet Mohammed, offers us…

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The Peoples Democratic Party has called on the Chairman of the Independent National Electoral Commission, Professor Mahmood Yakubu to ensure that elections are credible and conclusive in his second tenure. Recall that President Muhammadu Buhari had on Tuesday nominated the INEC boss for a second term following the expiration of his first term which lasted for five years. Reacting to the development, the PDP in a statement by its National Publicity Secretary, Kola Ologbondiyan “notes the reappointment of Professor Mahmood Yakubu as the Chairman of the Independent National Electoral Commission (INEC) by President Muhammadu Buhari. “The party states that this…

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The Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has assured motorists of ample availability of Premium Motor Spirit (PMS) revealing that the Corporation has more than 60-day sufficiency of petrol in its various strategic depots across the country. In a statement by the corporation’s Group General Manager, Group Public Affairs Division, Dr. Kennie Obateru, the GMD attributed the emergence of queues in some petrol stations across the country to the disruption of the free flow of vehicular movement occasioned by curfews and restrictions of movement, particularly in Lagos State. Kyari urged motorists not…

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As Muslims in Nigeria join others all over the world to mark the Eid-el-Maulud, President Muhammadu Buhari has urged all citizens to use the occasion to reflect on the virtues of the Holy Prophet by showing love and understanding for fellow citizens while exhibiting patience, honesty, sincerity, kindness and generosity in all their undertakings. The President’s Senior Special Adviser on Media and Publicity, Garba Shehu conveyed Buhari’s remarks in a statement obtained by The News Chronicle. Garba said, “In a message to Muslims commemorating the birthday of Prophet Mohammed (SAW) which is being marked as a public holiday, the President…

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Again, Nigeria’s Ngozi Okonjo-Iweala has made history by becoming the first female director-general of the World Trade Organisation. According to TheCable, Okonjo-Iweala was chosen as the final candidate for the much-coveted role on Wednesday. She polled 104 votes from 164 member countries to defeat South Korea’s trade minister at the final stage of the race. Ngozi Okonjo-Iweala (born 13 June 1954) is a Nigerian-born economist and international development expert. She sits on the Boards of Standard Chartered Bank, Twitter, Global Alliance for Vaccines and Immunization (GAVI), and the African Risk Capacity (ARC). Previously, Okonjo-Iweala spent a 25-year career at the World Bank as a development economist, scaling…

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President Muhammadu Buhari Wednesday in Abuja appealed to Nigerians to desist from actions and comments that could jeopardise the unity and progress of the nation. Launching the 2021 Armed Forces Remembrance Day (AFRD) Emblem and Appeal Fund, President Buhari said this year’s occasion reminds Nigerians of the need to guard jealously the unity of the nation which was won at great cost. The President, who stressed that ‘‘Nigeria’s strength lies in her diversity’’, honoured the memory of the nation’s fallen heroes and veterans, recounting their sacrifices during the  First and Second World Wars, the Nigerian Civil War and Peace Support…

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Lagos State Governor, Babajide Sanwo-Olu has read a riot act to miscreants and hoodlums in Lagos, urging them to be law-abiding and peaceful or face the full wrath of the law. Speaking during a visit to Fagba in Ifako-Ijaiye Local Government Area of Lagos State to assess the level of destruction of properties caused by last week’s ethnic clash between Yoruba and Hausa community in the area, Governor Sanwo-Olu said the State Government would be hard and very decisive on miscreants if they refuse to turn a new leaf. Governor Sanwo-Olu, who was accompanied by his deputy, Obafemi Hamzat; Secretary…

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The Commissioner for Information and Strategy, Gbenga Omotoso has reiterated the commitment of the Lagos State Government to the wellbeing and security of Lagosians. Speaking on Lagos Television about the recent crisis in the State, the Commissioner said Governor Babajide Sanwo-Olu identified with the #EndSARS protests, addressed the youths, and went a step further to take their demands to the President to affirm his support for their just cause. “He did everything to avert a crisis. He was the first Governor to address the protesters,” he said. Emphasizing that the Judicial Panel of Inquiry instituted by the Governor is a…

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Data presented by Buy Shares indicates that the world’s wealthiest families cumulatively control a fortune of $621 billion. The wealth is as of October 2020. Concerns over wealth inequalities The data shows that the Walton family that runs the Walmart retail chains controls a fortune of $215 billion, followed by the Mars family with wealth amounting to $120 billion. The Koch family running the Koch industries owns a fortune worth $109.7 billion. Al Saud family, known for vast wealth reserves, controls wealth worth $95 billion. India’s Ambani family owns the fifth-highest fortune at $81.3 billion. The Buy Shares research also overviewed the…

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The Lagos State Governor, Babajide Sanwo-Olu has approved the full resumption of operations of both food markets and non-food markets. In a statement announcing this, the Commissioner for Local Government and Community Affairs, Wale Ahmed, said the Governor took the decision to further enhance trade and commerce as well as mitigate the hardship of recent times and ensure that Lagosians can recover fast. Ahmed pointed out that the Governor also advised the continued observance of all safety protocols. He noted that traders and their customers must adhere strictly to the covid-19 protocols for their safety and the citizenry at large.…

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The COVID-19 outbreak has had an enormous impact on the football industry, causing considerable drops in clubs’ revenues and their players’ market value. According to data presented by SafeBettingSites.com, Hazard, Kepa and Messi, top the list of the biggest market value drops in 2020. Statistics show the three famous footballers lost €142 million in combined market value since the beginning of the year. Hazard`s Market Value Halved to €60 Million, the Biggest Fall This Year Real Madrid’s left-winger Eden Hazard has witnessed the most significant drop in market valuation this year, revealed the TransferMarkt data. In June 2019, while the Belgian…

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A lecturer at the Department of Mass Communication, University of Benin, Daniel Ekhareafo has berated the Director-General of the National Broadcasting Commission, Armstrong Idachaba over the fines of 9m imposed on Channels TV, AIT, and Arise TV for covering the #EndSARS protests. Idachaba, announced at a press conference in Abuja on Monday that the agency has fined Channels Television, Arise Television, and Africa Independent Television for what it termed “unprofessional coverage” of the #EndSARS protests. The three stations are billed to pay 3m each. Reacting to the fine, Ekhareafo in a statement on his Facebook page, expressed shock over the…

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The Nigerian Islamic human rights organization has berated the killing of 11 Muslims of Igbo extraction in the South East and South-South during the #EndSARS protests. The group also condemned the burning of Orlu Central Mosque as well as attacks on other mosques in the two sub-regions. The group’s remarks were contained in a statement on Monday by its director, Professor Ishaq Akintola. The statement which was obtained by The News Chronicle, reads: “We are shocked by news of mob attacks on Muslims of Igbo origin in the South East and South South during the #EndSARS demonstrations. At least 11…

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Nigerians have taken to social media to lampoon the Minister for Works and Housing, Babatunde Fashola, who on Sunday, discovered a hidden camera at the Lekki Toll Gate, Admiralty Circle, Lagos, during an on the spot assessment. The former Lagos state governor who led a Federal Government delegation at the directive of President Muhammadu Buhari to commiserate with the Lagos State Governor, Babajide Sanwo-Olu over the loss of lives and destruction of public and private assets in the violence that rocked the state last week, noted that words are not enough to describe the level of destruction wreaked by the arsonists.…

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The eventualities of the #EndSARS protests which rocked the nation for over two weeks have made Aisha Yesufu a household name. This is because of the instrumental role she played and still playing to ensure the demands of the protesters who are clamoring for an end to police brutality and bad governance are met. Yesufu who was born on 12 December 1974, is a Nigerian socio-political activist, and co-convener of the Bring Back Our Girls Movement, an advocacy group that brings attention to the abduction of over 200 girls, from a secondary school in Chibok, Nigeria, on 14 April 2014,…

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The Chairman of the Independent Corrupt Practices and Other Related Offences Commission, ICPC, Prof. Bolaji Owasanoye has called on lawyers to live up to their calling as important stakeholders in the fight against corruption. Owasanoye made the call when he played host to the Chairman of the Nigerian Bar Association, Gwagwalada chapter, Barr. Isa Aliyu and his team at the Commission’s headquarters recently. The ICPC boss said that when lawyers weave civil matters into crime and send to anti-corruption agencies in order to get ‘quick justice’, they contribute to the rot in the society. Owasanoye described the acts as “unacceptable”…

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The Lagos State Ministry of Justice will be prosecuting suspects who allegedly took advantage of the #EndSARS protests to destroy and loot public and private property in different parts of the State. Lagos State Attorney-General and Commissioner for Justice, Mr. Moyosore Onigbanjo, SAN, who disclosed this on Saturday, called on Lagosians to maintain peace, law and order in their respective communities, pledging the commitment of the Governor Babajide Sanwo-Olu-led administration to uphold the rule of law at all times. He revealed that the State Director of Public Prosecution, Mrs. Olayinka Adeyemi has gone round relevant Police formations with a team…

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The Lagos State Government has called on residents of the state to disregard the videos making waves on social media creating tension and encouraging ethnic conflicts. The government made the call on Saturday in a statement by its Commissioner for Information and Strategy​, Gbenga Omotoso. The statement which was obtained by The News Chronicle, reads: “The attention of the Lagos State Government has been drawn to videos in social media and the online space, creating tension and encouraging ethnic conflicts. “Inciting videos of this nature are not what our land needs now, following the loss of lives and destruction that…

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National Leader of the All Progressives Congress (APC) Asiwaju Bola Tinubu on Saturday, visited the Lagos State Governor, Babajide Sanwo-Olu to commiserate with him over the mammoth destruction properties and killings that resulted from the two-week-long #EndSARS protest. Recall that the nationwide protest took a different turn on Tuesday when personnel of the Nigerian Army ambushed and shot at peaceful protesters at Lekki tollgate in Lagos State, killing scores and fatally injuring many others. The Nigerian army denied involvement in the dastard act which the Lagos State governor claimed there was no killing. In view of the act, violence erupted…

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The People’s Democratic Party (PDP) has suspended all its political and electioneering activities “as a further mark of honour for Nigerian youths who were killed at the Lekki Toll Gate as well as other killings that have occurred in various parts of our nation over the unfortunate fall-out of the EndSARS peaceful protest”. Recall that the PDP had earlier on Thursday night directed that its flags in all its offices nationwide be flown at half-mast in solidarity with the mood of the nation at this trying time. In a statement on Friday by its National Publicity Secretary, Kola Ologbondiyan, the…

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The Lagos State Government has called for reconciliation among residents, following the hijack of the #ENDSARS protests by hoodlums who destroyed monuments and public assets. The Deputy Governor, Kadri Obafemi Hamzat, who made the call during an interview on Star 101.5FM on Friday, maintained that the intention of the initiators of the peaceful #EndSARS protests was genuine until it was hijacked by hoodlums who unleashed violence across Lagos and Nigeria. Hamzat said, “We have to be sincere. The genuine protesters were peaceful. They were demanding for something that we all can understand and the Governor and myself marched with them.”…

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President Muhammadu Buhari on Saturday felicitated with business tycoon, Chief Adebutu as he clocks 85. Buhari’s remarks were contained in a statement by his Senior Special Assistant on Media and Publicity, Garba Shehu. “The President believes Chief Kessington’s creative and visionary investments in the economy provided opportunities for employment and entrepreneurship as he has consistently inspired many to start their own businesses, and ensured mentorship and capital. “President Buhari extols Chief Kessington’s large-heartedness in catering for the less privileged with his charity organisations, which include The Kessington Adebukunola Adebutu Foundation (KAAF) and Medical Laboratory and Maternity Centre. “As the octogenarian…

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President Muhammadu Buhari on Friday, told former heads of state that the #EndSARS protest which rocked the nation in the last two weeks was hijacked and misdirected, resulting in killings and mammoth destruction of properties. According to his special assistant on media and publicity, Femi Adesina, the President made the remark during a virtual meeting with the former leaders. “President Buhari reiterated that the Government will not fold its arms and allow miscreants and criminals continue to perpetrate acts of hooliganism in the country,” Adesina said in a statement obtained by The News Chronicle. Adesina said at the meeting were…

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President Muhammadu Buhari on Thursday addressed Nigerians in a nationwide broadcast. This is coming after about two weeks since the inception of the #EndSARS protests that have grounded activities across the nation. In the last few days, the protest took a different turn as it was said to have been hijacked by hoodlums, resulting in the loss of scores of lives and mammoth destruction of properties. Things became sourer on Tuesday as personnel of the Nigerian Army ambushed and shot at peaceful protesters at Lekki tollgate in Lagos State, killing scores and leaving many others fatally injured. Despite pictorial and…

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The Delta State Governor, Sen Ifeanyi Okowa has directed the closure of all private and public schools in the state until Monday, November 2, 2020. He also Imposed a 48hour curfew starting 6 pm today 22nd, October 2020, with the exemption of essential services. The Governor commended the youths for rising and organizing themselves “in an impressive manner to express their views”. He appealed to the youths to remain calm and give peace a chance “because the Government is sure on their side”. It should be noted that this directive is coming after the #EndSARS protest turned violent in the…

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Former Vice President of Nigeria, Atiku Abubakar has described former Governor of Kano State, Rabiu Musa Kwankwaso as a formidable democrat whose contributions to the deepening of democracy in Nigeria cannot be forgotten for years to come.Atiku, in a statement on the occasion of kwankwaso’s 64th birthday anniversary, described the former Governor as a fearless and dependable ally in the struggle for justice and democracy in Nigeria.”I’m proud of Kwankwaso because of his commitment to education which is key to any development agenda,” Atiku is quoted to have said in the statement by his Media Adviser, Mazi Paul Ibe.According to…

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The Muslim Rights Concern (MURIC) has called on the participants of the #EndSARS protest to halt the lingering protests to allow the government to actualize their demands. The body in a statement on Thursday by its director, Ishaq Akintola, said it is saddened by the carnage which attended the protests in the last 48 hours. MURIC said “Nigerian youths have demonstrated the ability to articulate their grievances. They showed ingenuity in the coordination of the welfare of fellow protesters thereby lending credence to the ‘not too young to rule’ mantra. “However, we are saddened by the carnage which attended the…

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