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Showing posts from April 21, 2016

House Summons Minister of Interior and Controller-General of the Nigerian Prisons Service Over Assault On Female Lawmaker

The House of Representatives has summoned the Minister of Interior, Lt-Gen. Abdulrahman Danbazzau(retd), and the Comptroller-General of the Nigerian Prisons Service, Mr. Peter Ekpendu, over an alleged assault on a female member of the House. Security aides attached to the convoy of Mr. Ekpendu allegedly descended on Mrs. Onyemachi Mrukpor and slapped her for overtaking the convoy of the CG. A motion on the incident, which was moved by the Minority Leader of the House, Mr. Leo Ogor, was unanimously endorsed by members at Thursday’s session presided over by the Speaker, Mr. Yakubu Dogara. “The member was battered under the watch of the CG of prisons. Her offence was that she overtook the convoy of the CG within the premises of the National Assembly. “The CG of prisons is invited to explain why he should not be committed to prison in violation of Section 16 of the Legislative Houses, Powers and Privileges Act.” The law stipulates a penalty of N400,000 fine or a prison term of si...

Buhari Remove Kachikwu As NNPC GMD, Appoint Replacement

It is alleged that the President Muhammadu Buhari-led administration has replaced Dr Ibe Kachikwu as the Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC). Reports say his replacement, Maikanti Baru was the Group Executive Director of the corporation before his appointment. Kachikwu may have been removed from the post to pave way for him to face the state duties, especially in the face of lingering fuel crisis.

Minister explains, says No currency swap deal with China

The Federal Government has said that reports of Nigeria’s currency deal with China were speculative and unfounded. The minister for Foreign Affairs, Geoffrey Onyeama, clarified that contrary to widespread belief, Nigeria had no currency swap deal with China during the last visit by President Buhari to the country. Onyeama made the remarks at a briefing with State House Correspondents after Wednesday’s Federal Executive Council (FEC)’s meeting. The minister explained that China was under pressure to internationalize its currency based on the strength of its economy. The minister said “It’s not really a swap. What it takes is that as the Chinese economy goes strong, there is some pressure on them from the trading partners, international financial institutions. They agreed that the money should be internationalized. So, they started that for a while. They were protecting it also. They did not allow it to be fully exchangeable. But now, their economy is fully strong, they are looking f...