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Bismarck Rewane, chief executive officer of Financial Derivatives Company Limited, has asked Nigerians to brace up for an increase in the pump price of petrol. In 2016, the Buhari administration increased a litre of petrol from N87 to N145, sparking criticism among citizens. But making a presentation at the Lagos Business School, Rewane said there were indications that the price of fuel would rise because the government is working towards reducing subsidy payments. He described subsidies as a huge drain on the government’s revenue, adding that the World Bank put Nigeria’s total subsidy bill in 2018 at N731 billion. “A gradual reduction in subsidy payments is anticipated. Only N305bn set aside for under-recovery in 2019 budget; expect an increase in the pump price of fuel,” he said. “Forty per cent shortfall in provision for subsidies (under-recoveries) points to possible price increases. Rewane added that a hike in the price of petrol would result in high inflationary press

 INEC said it has withdrawn 5 Certificates-of-Return issued some candidates due to court orders - The electoral body said 20 of the 25 certificates-of-return were withdrawn from APC members to other APC members; - Two of the certificates were also from PDP members and issued to other PDP members according to the court orders The Independent National Electoral Commission (INEC) says it has withdrawn 25 Certificates-of-Return issued to some candidates that won during the 2019 general elections, following court orders. The chairman of Information and Voter Education Committee (IVEC), Festus Okoye, said this at a `Forum on Media Coverage of 2019 General Elections’ held in Enugu on Monday, May 20, the News Agency of Nigeria (NAN) reports. Okoye noted that 20 of the 25 certificates-of-return were withdrawn from All Progressive Congress (APC) members to other APC members; while two from People Democratic Party (PDP) members were withdrawn and issued to other PDP members. He said

Even the bible recorded that if you have grievance with your brother , you should meet the elders foyour opinion , it is your right ,everybody must not quee behind RT HON SIR UDE OKO . no .everybody must not stand behind him but it is a pity that majority of those standing against him are those who have benefited from him in one way or the other How long do we continue to fight against each other .this is my question. How long do we continue to send issues relating to us as a community to Igbere Tv. how long do we continue with the battle within brothers when we can settle this issues and then move on as a community , this is my humble appeal , the election have come and gone let peace reign and let us all think of how better we can move our community forward , those who have issues against the person of the deputy governor should seek communal means of settling it instead of going to IGBERE TV to do that .thank you all. Sir I would ordinarily not have responded to this you

The Governorship election petition tribunal sitting at umuahia,has today dismissed two Governorship election petitions filled against the re_election of Gov. Okezie Ikpeazu as Governor of Abia state by the duo of Barr kelenna ogbonn and his party ADC The judge while delievery the judgment on behalf of the tribunal dismissed the petition for lack of merit, he also started that the petition did not follow the laid down process .Also dismissed was the petition of Action people's Party (APP),both petitioneirs were urging the tribunal to nuliffy the election of Gov okezie Ikpeazu on the basis of unlawful exclusion of their respective Governorship candidates in the march 2019 gubernitorial election .This is a very big victory for the Governor and indeed all abians.having dismissed the two petition ,The tribunal is now left with Dr Alex Otti and Dr Uche ogah petitions  which is adjourned to 27/5/19 for pre trial confrence

Senate on Thursday confirmed the reappointment of the CBN Governor, Godwin Emefiele for another term of five years. The Senate on Tuesday asked its committee on Banking, Insurance and other Financial Institutions to consider the request by President Muhammadu Buhari that Emefiele, be confirmed for another term in office The first term of the CBN governor is due to expire in june 2019 but PMB has resubmitted his name to the senate for confirmation for another five year term ,the comfirmation was effected today at the upper chamber With this development ,Godwin becomes the first igbo man who obtained favour with administration after several cry of maginalization from the igbo tribe

Mikel Obi who has been given an invitation by Gernot Rohr enters record books as the first player to captain Nigeria to the Africa Cup of Nations without featuring in the qualifying series. The nearest player to that was Joseph Yobo who featured in just one qualifying game for the 2013 edition before being recalled for the final tournament in South Africa. Yobo’s only match was the away duel with Rwanda in Kigali before he fell out with Coach Stephen Keshi’s favour. Mikel on the other hand did not feature in any of the six qualifying games Nigeria played According to a release by the Nigeria Football Federation on Tuesday, Coach Gernot Rohr listed him along with pacy winger Ahmed Musa and defenders Kenneth Omeruo and Abdullahi Shehu in a 25-man squad to prepare for the 32nd Africa Cup of Nations finals in Egypt this summer. Six other players are on standby. Mikel Obi last played for Nigeria in the 2-1 loss to Argentina on June 26 at the FIFA World Cup finals in Russia.

Former special adviser to ex-President Goodluck Jonathan, has declared that the current cabinet of President Muhammadu Buhari is the worst since Nigeria’s return to democratic dispensation 20 years ago. He also urged the President to sack 80 percent of minister and advisers for below average performance and that he must not cave in to pressure from the All Progressives Congress (APC) leaders ahead of appointment of those to work with him in his second term. Abati, in an article on Monday titled “The next Buhari cabinet: some suggestions”, pointed out that Buhari is the only Nigerian President since 1999 who did not change his team mid-stream but that he should on morning of May 30, 2019, or even on the 29th announce a new Federal Executive Council. “Doing so will send a signal that he means business, and that he has learnt some lessons since 2015… Nigeria expect that President Buhari would not take another six months to constitute another team”, the veteran journalist said. Ab

The president of the federal republic of Nigeria HE President Mohammed Buhari  on tuesday night told the leadership of the legislative arm of government that the executive and the 8th national assembly worked against the success of each other But the Senate President, Dr. Bukola Saraki said that the National Assembly will always remain focused and work in the interest of the country. Speaking at a dinner meeting he hosted with the leadership of the National Assembly at the Presidential villa, Abuja, President Buhari said the county deserved better than what it got in terms of working relationship between the two arms. The President at the dinner which was for breaking of fast said he hoped for a better working relationship between the two arms of government with the 9th National Assembly soon to come. According to him, “Relations between the Executive and the Legislature were not the best in the 8th National Assembly. I sincerely hope each one of us will do his utmost to ensur

THE Federal Government on Wednesday raised the alarm that the main opposition Peoples Democratic Party, PDP, and its Presidential candidate in the February 23 election, Alhaji Atiku Abubakar were allegedly making desperate efforts to scuttle President Muhammadu Buhari’s administration.The Government also warned PDP and Atiku to quickly retrace their steps or risk an offense of treason against Nigeria government. Minister of Information and Culture, Alhaji Lai Mohmmed while briefing State House Correspondents at the Presidential villa, said that it was unacceptable for the PDP and its Presidential candidate to resort to self help after suffering from election defeat. The Minister alleged that the opposition party in its public utterances was in a desperate move to make Nigeria seemingly ungovernable. He recalled some of the statements credited to Alhaji Atiku before the 2019 general elections where he allegedly said that unless Nigerians voted out the APC administration, killings

A British politician and former military officer, Eric Joyce has again stirred an already existing controversy over the identity of the man occupying Nigeria’s seat of power. The ex-lawmaker had last year sympathized with Nigeria over the reported death of President Buhari. . In his latest pounce on the Nigerian government, the former parliamentarian  yesterday claimed that the present Nigeria’s President is not the Buhari Nigerians voted for in 2015 but a political decoy who is on a contract. Recall that the leader of the proscribed Indigenous People of Biafra (IPOB), Nnamdi Kanu has also consistently alleged that a certain Jubril al-Sudani from Sudan has taken over from President Buhari. . Joyce challenged the Nigerian government to file a legal action against him (Eric Joyce) if his claims of Buhari’s alleged death is false. In a post he shared online, the ex-lawmaker insisted that Buhari is no longer alive. He wrote, “Nigeria’s President Muhammadu Buhari is De

A three-man panel of the House of Assembly Election Petition Tribunal sitting in Umuahia, and headed by Justice Cornelius Akintoye, has struck out the petition filed by the All Progressives Congress( APC) candidate for Umuahia South constituency, Mrs. Phina Kanu, against the declaration of Barrister Jerry Uzosike, the Peoples Democratic Party(PDP) candidate, as winner of the March 9 House of Assembly election conducted in the constituency. Speaking earlier during the sitting of the tribunal on Monday, counsel to the petitioner(APC), Barrister G. Omenihu said, “My lord, a motion of notice to withdraw the petition pursuant to section 29 of the electoral act as amended. The motion was supported with six paragraphs. We are relying on the paragraphs. So, we urge the honorable tribunal to hands off the applications filed before it challenging the victory of the respondent(Uzosike)”. Reacting, the PDP candidate and member-elect for Umuahia south constituency of Abia state, Barrister Jerry

The Question Which one is better, what will you do as a leader ?: after much competition and struggle ,you succeeded in making it up there as a leader , will you fight those who opposed you and competed wit you or will you extend the olive branch to them ,appoint them to work with you and then make them even more stronger ,allow them gather more resources to fight again in the future Available Tools In Fighting them, what are the tools you may likely employ. you will employ both psychological and non-psychological method. you will use everything at your disposal, you will use all the government, societal, religious, organizational apparatus, all the agencies around will be involved, you will use the government, community, organizational, societal, religious fund and resources, you will use both physical means and spiritual means The Target The main thing   is that you want him to be a history , you want to cut their wings .you must pull them down and ensure there are no

THE WRONG TYPE OF LEADERSHIP I saw the wrong leadership where leaders deny those being led resources that will make them comfortable. you deny them infrastructure, you deny them everything important in life and make them indebted to you, some are denied education. Some are denied good salary at work place ,some are denied pleasure and some are denied rest and leisure and then they are indebted to you , a friend told me that if you want your employee to stay ,you should not pay them well nor pay them very bad , do not pay them such that they will have enough to save nor pay them such that they will stay in lack   and lose interest in the job, just give them a little above being broke My point therefore is that it is definitely not everything around you that need to be change ,not everything around you is bad , not everything around you is not working very well , the ones that are good as a leader need to remain ,or better still should be upgraded possibly or standardized while