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10 things Nigeria should do if the Russia/Ukraine spat rallies crude oil prices above $100 a barrel 


Ayo Akinfe 

[1] All receipts that accrue from prices between $40 and $60 a barrel should go into a special infrastructure fund 

[2] All receipts that accrue from prices between $60 and $80 should go into a special economic diversification fund 

[3] All receipts that accrue from prices between $80 and $100 should go into a dedicated clean energy fund 

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Former minister Sarah Ochekpe sentenced to three months with the option of a fine for $1m fraud

FORMER minister of water resources Sarah Ochekpe and two of her accomplices have been sentenced to three months imprisonment with an option of a fine by a federal high court in Jos after being found guilty in a N450m ($1.07m) fraud case.

 

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Osinbajo welcomes UK's minister for Africa Vicky Ford to Nigeria as she visits for the first time

VICE president Professor Yemi Osinbajo played host to the UK's minister for Africa Vicky Ford in Abuja today as she started the Nigerian leg of her West African tour aimed at boosting trading opportunities across the sub-region.

 

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Oyedepo places curse on kidnappers and Fulani herdsmen saying Winners Chapel members are immune

LIVING Faith Church Worldwide founder Bishop David Oyedepo has placed a curse on all the kidnappers operating across Nigeria and their sponsors adding that the members of his flock are immune from their criminal activities.

 

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Abuja high court grants NDLEA permission to detain Abba Kyari for a further 14 days

ASSISTANT Police Commissioner Abba Kyari is to spend at least another fortnight in detention after an Abuja federal high court approved an application by the National Drug Law Enforcement Agency (NDLEA) to detain him for a further 14 days.

 

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Caf shifts the dates of Nigeria's two-legged World Cup play-off against Ghana's Black Stars

NIGERIA'S forthcoming two-legged World Cup play-off against Ghana has been moved forward  by the Confederation of African Football (Caf) with the Super Eagles now die to face the Black Stars on March 25 and 29 respectively.

 

In what is the last hurdle before Qatar 2022, the Super Eagles will face the Black Stars in a two-legged knock-out home and away tie. Originally, the two matches were scheduled for March 24 and March 27 but they have both been moved by Caf.

 

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10 things I wish we had learnt from our British colonial masters 

Ayo Akinfe 

[1] Modesty 
[2] Ship building 
[3] Seafaring 
[4] Automobile manufacturing ala Vauxhall 
[5] Steelmaking
[6] Chocolate processing ala Cadbury’s 
[7] Mass textile processing 
[8] Railway carriage manufacture 
[9] Dairy processing 
[10] Building maintenance

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Nigeria's imports from China during the first nine months of 2021 balloon to a value of over $15bn

NIGERIA'S imports from China during the first nine month of 2021 ballooned to a total value of N6.53trn ($15.68bn) representing 29.75% of all overseas purchases during the period according to data just published by the Nigerian Bureau of Statistics (NBS).

 

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Lagos industrialist accused police monitoring team of colluding with Chinese national to defraud him

LAGOS industrialist Emmanuel Madumere has accused two officers of the inspector-general of police's monitoring team of extortion and connivance with a Chinese national to defraud him on two occasions of sums of $58,000 and N18m ($43,230).

 

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Buratai distances himself from campaign posters declaring him a presidential candidate

FORMER chief of army staff General Tukur Buratai has distanced himself from suggestions that he is considering running for Nigeria's presidency next year pointing out that he is happy with his current job as the ambassador to the Republic of Benin.

 

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