Finally, the Bayelsa International Airport Takes Off With An Inaugural Flight

By Uche Mbah It was a carnival of  sorts as Governor Seriake Dickson today inaugurated the Bayelsa International Cargo Airport, estimated to have gulped N60 billion. The Airport, which was meant to be a state and Federal government joint venture, suffered a setback when the Federal Government pulled out of the deal. Dickson doggedly continued with the building of the Airport. The Airport was built by Dantata and Sowe, an indigenous construction company. The Airport could have been opened last August, but that date was not feasible. By November last…

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Customs Battle Bandits, Smugglers

By Bayo Bernard Comptroller Mohammed Uba Garba , the controller in charge of Seme Command of the Nigeria Customs Service, NCS took over the command last October thinking that his major task is to collect revenue for the federal government, so he can make the Comptroller General of Customs, Hameed Ali happy. At least that’s what he thought. But few months after, he understands better that his job also includes catching arm robbers. Recently, he warned smugglers and saboteurs of the nation’s economy, who operate along the border between Nigeria…

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Fidelity Bank Boss Buries Mother In Pomp

Bayo Bernard For Nnamdi Okonkwo, the quiet reformer and Managing Director of Fidelity Bank Plc., tears and joy rolled together on December 31, 2018, when the entire town of Orumba and adjoining communities in Anambra state converged to commit Madam Comfort Madubom Okonkwo to mother earth. On this day men, women and youths from the town, all put on sad faces as they filed in orderliness to pay this great woman the last respect. Her passing was a great loss to the family, indeed, the entire Orumba who had looked…

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House Overrides Buhari, Governors, Passes Minimum Wage Bill

ByUche Mbah The Federal House of Representatives have passed the minimum wage bill, pegging it at N30,000. President Buhari, bowing to the wish of the governors, had forwarded N27,000 to the house of Reps and the Senate for approval. The postponement of the Senate resumption date means that the House have to wait for the senate to resume for the harmonization. The ad-hoc committee report was unanimously adopted by the house The ad hoc committee report was considered clause by clause before being passed. Ironically, the new minimum wage passed…

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Seme: Customs Intensifies War Against Drugs

By Bayo Bernard Few days ago, some eagle-eyed men of the Seme Command of the Nigeria Customs Service, NCS were faced with two enticing options. They have received intelligence reports about the movement of trailer loads of cannabis and tramadol enroute Nigerian from Republic of Benin. The importers have probably sent emissaries ahead to try to soften the ground, so that the killing materials could have an easy passage into Nigeria. “The customs men were faced with even a bigger pressure from the cartel in Nigeria who have been expecting…

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Labour Rejects Minimum Wage of Disparity

By Oji Odu Organised labour comprising three prominent workers’ bodies- Nigeria Labour Congress (NLC), Trade Union Congress (TUC) and the United Labour Congress (ULC), has spontaneously rejected the N27,000 minimum wage and the N30,000 for Federal Government workers following the figures approval by the National Council of States (NCS). They said the figures are unacceptable, questionable and smack of deceit by government. While rejecting the disparity, many question the reason why the NCS should be brought into the scene, bearing in mind that all interested stakeholders, including President Muhammadu Buhari…

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Seme: Controller Tightens Noose On Smuggllers

By Bayo Bernard The haul of seizure by the Seme Area Command of the Nigeria Customs Service in the last two months is an indication that men and officers of the command under the leadership of Comptroller Mohammed Uba Garba are moving fast with the ongoing plan to seal up all illegal routes along the Nigeria-Benin borders. Comptroller Muhammed had on Tuesday told journalists that his men, within this period seized 11 trucks load of rice containing 6,753 bags with 45 kegs of foreign groundnut oil smuggled into the country…

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“On January 23 We Stand”- Organised Labour

By Oji Odu It is seven days to “Armagedon,” 168 hours to the industrial strike of all strikes. Organised labour has vowed to implement its threat to shutdown the country from January 23, 2019, if the Federal Government refuses to send the proposed N30,000 minimum wage to the National Assembly for deliberations and approval. This in effect will truncate the democratic process and the 2019 general elections which are days ahead. The body comprising the Nigeria Labour Congress, NLC,  Trade Union Congress, TUC, and the United Labour Congress, ULC, have…

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Banks: Anxiety Looms Over More Acquisition

By Bayo Bernard Apprehension is on the rise that more of the 23 commercial banks in Nigeria face uncertainty in 2019 as stakeholders expect the Central Bank of Nigeria, CBN to release a damning report on the health status of some banks, through the Financial Stability Report, FSR. The FSR is used by the CBN to measure the resilience of the financial sector to the economy. According to checks, some banks may get the CBN harmer for poor governance issues before half year 2019 after serious indictment in the FSR.…

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$2.8m Seized Cash is For Political Campaigns- EFCC Source

By Bayo Bernard  The Central Bank of Nigeria, CBN has failed to intervene on the allegation of money laundry in which two officials of Bankers Warehouse are currently being held by the Economic and Financial Crimes Commission, EFCC. The decisionby apex bank to keep mum over the matter, the magazine learned may not be unconnected with ongoing EFCC investigations to unravel the source of the cash and suspicion held by the anti- graft body that the seized is meant for campaign purposes. Two officials of BW were arrested last Thursday…

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