Kunle Awosika
FG suspends removal of fuel subsidy
The FG suspended the planned subsidy removal three days before the commencement of the NLC planned protests.
The FG through the Minister of Finance, Budget and National Planning, Zainab Ahmed, announced the development at the National Assembly in Abuja on Monday, January 24, 2022.
According to Minister, it has become clear that the timing for the removal of fuel subsidy will be problematic as the country still experiences high inflation.
She admitted that removing fuel subsidy at this period would ultimately worsen the condition of Nigerians, especially those struggling to make ends meet.
The ad-hoc committee of the National Economic Council (NEC) had recently recommended that the planned subsidy removal should take effect from next month.
With the NEC’s recommendations, price of petrol is expected to increase from N165 per litre to N302.
Meanwhile, the Nigerian Labour Congress (NLC) had threatened to embark on nationwide protest rallies from January 27, 2022, if the Federal Government increases the price of petrol.
The union said the protests would kick off immediately and without notice across the country in case the government goes ahead to increase price of fuel.
Court convicts skit maker ‘D General’ of drug trafficking
A Federal High Court in Lagos on Monday convicted skit maker, Joshua Sunday otherwise known as ‘D General’ of drug trafficking.
The defendant, also a social media influencer, was dragged to court by the National Drug Law Enforcement Agency (NDLEA), alongside Caleb William, a cinematographer.
Delivering judgment, Justice Osiagor held that the volume of substance was minimal and would rather convict the defendants and caution them, rather than sentence them.
The court, consequently, convicted the defendants and cautioned them to “go and sin no more”.
Both defendants, 22, were charged with three counts of trafficking Tramadol and Cannabis Sativa.
They both pleaded guilty to the charge.
After their pleas, the prosecutor, Mr Jeremiah Aernan, reviewed the facts of the case and tendered evidences before the court, through an NDLEA exhibit keeper, Mr Lucky Oghaifu.
Among the evidences tendered include: statements of the defendants, dr*g analysis form, certificate of test analysis, request for scientific aid form, packaging of substance form among others.
He urged the court to be guided by the provisions of Section 356(2) of the Administration of Criminal Justice Act and convict the defendants based on their pleas as well as evidences adduced by the prosecution.
According to the charge, the defendants were said to have committed the offence on Jan. 12.
The prosecutor, said that they were arrested around the Lekki area of Lagos for unlawfully dealing in 15g of Cannabis and 14 g of tramadol.
He said that the offence contravenes the provision of Section 11(c) of the NDLEA Act, Cap N30, Laws of the Federation, 2004.
In response, the Defence Counsel, Chief Lilian Omotunde, urged the court to consider other options besides sentencing the defendants, on the grounds that the defendants were still at their prime and could still be useful to society.
The News Agency of Nigeria (NAN), reports that earlier, during interrogations by the court, the defendants told the court that they had never tasted dr*gs.
They told the court that the substances were used as props for their comedy skit, which they were in the process of shooting, before their arrest.
Lagos Big Boy, Actor, Moshood Mayegun Buries Father In Grandstyle (PHOTOS)
Yoruba Actor, Moshood Mayegun has laid to rest, his father, Late Chief Aliasau Bashir Laani Mayegun, the Baale of Baruwa Village, Eti Osa Local Government. Late Chief Mayegun was a prominent Lagos traditional ruler, who died after a brief illness on November 24 at the Lagos Island General Hospital.
All Set For HighPoint Event Centre Opening
Dangote’s Petrochemicals, Fertiliser Plant will accelerate Africa’s economic growth, says AfDB
President of the African Development Bank (AfDB), Akinwumi Adesina has described Dangote Refinery and Fertiliser projects as the best industrialised project to happen to Africa.
EFCC grills Ahmed Kuru, AMCON MD, over corruption allegations
The Economic and Financial Crimes Commission (EFCC) is quizzing Ahmed Kuru, managing director of the Assets Management Corporation of Nigeria (AMCON), over allegations related to sale of assets.
2023: Obasa hints on type of leader Nigeria deserves
The Speaker of the Lagos State House of Assembly, Rt. Hon. Mudashiru Obasa, on Thursday said Nigeria desires a leader with an experience of success in previous assignments.
Oil Giant Oando Plc: Ensuring Gender Parity
Globalization has led to discourse on leadership and management having different perspectives.
Rasheed Bolarinwa Emerged ACAMB President
Mr. Rasheed Bolarinwa on his election has emerged as the President of the Association of Corporate Affairs Managers of Banks, (ACAMB).
The new ACAMB President anchored his agenda on the theme: ‘PEAL’ An acronym for Partnership & Platform, Engagement, Advocacy, and Learning & Value addition.
After the swearing-in with new executives, Bolarinwa thanked members of the association for the opportunity to serve.
He appreciated the immediate past executives and promised to consolidate on the gains and explore new frontiers to take the association to greater heights.
“The new leadership will work assiduously to deliver an ACAMB that encourages and ensures every marketing communication staff in banks aspires and attains the highest level of professional recognition and fulfillment on the job while at the same time being assured of a sustainable livelihood long after exiting the industry,” Bolarinwa said.
We have no time to waste. Work commences immediately.”
Other elected executives include Oze Kalu, 1st Vice-President (FirstBank); Lola Egboh, 2nd Vice-President (First City Monumental Bank, FCMB); Sipe Babajide, Secretary-General (EcoBank); Olamide Odekina, Assistant General-Secretary (United Bank for Africa, UBA); Patrick Osilaja, Financial Secretary (Fidelity Bank); Funmilayo Falola, Treasurer (Wema Bank); Abdul Imoyo, Publicity Secretary (Access Bank); Utulu Ozena, Social Secretary (Heritage Bank).
ACAMB was established in 1996 as an umbrella body for managers and public relations professionals in the Nigerian banking sector. It was founded as a response to the then negative perception of the banking industry.
The association aims to improve the working relationship amongst banks, the government, and the public as well as build trust and confidence amongst all parties, thus promoting a conducive atmosphere for businesses to thrive, among others.
Excitement As Sowore secures freedom for man illegally detained by police
Former presidential candidate and agitator for good governance in Nigeria, Omoyele Sowore has secured freedom for a man that was falsely detained by the Police in Abuja.
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