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 A container was sighted at Jakande Gate, Ikotun Area of Lagos State this afternoon as it was blocking a lane,  causing heavy traffic for commuters around the axis. However, members of the Lagos State Traffic Management Authority were putting in all efforts to control the traffic gridlock.

 Few days to President Muhammadu Buhari into office, he declared his asset public amidst all odds from the masses from the opposition. In the statement made by PMB, made public by the Senior Special Adviser on Media and Publicity to the President, Shehu Garba, he made mention of the 2 jeeps given by the Federal Government of Nigeria. Read the full statement below A statement by the Senior Special Adviser on Media and Publicity to the President on Media and Publicity, Mr Garba Shehu said “the documents submitted to the CCB, which officials say are still being vetted and will soon be made public, show that prior to being sworn in on May 29, President Buhari had less than N30 million to his name. He also had only one bank account, with the Union Bank. President Buhari had no foreign account, no factory and no enterprises. He also had no registered company and no oil wells”, the statement said. The statement further added that “the Vice President, Professor Yemi Osinbaj...

A can of worms was open when the names of ‘highly placed’ Nigerians who got a share of the alleged $2.1b arms scandal started flying in the media. More disturbing was that President Buhari’s name was mentioned as a partaker of the loot. Though his media team did a good job of debunking the claim that Mr. President collected $300,000, they confirmed he received two jeeps, adding that it was his entitlement and he was even ‘prevailed upon’ to receive the vehicles. Popular Nigerian lawyer, Festus Keyamo has come out to clear the air on the legal implications of the President receiving the cars. [/b]Keyamo on his Twitter timeline said “The Law on d entitlements of former Heads of State says they're entitled to 3 cars each to be changed by d FG every 4 years + other benefits.” Adding that “The cars given to former Heads of State are ppties of d F.G as they must be returned & replaced every 4 yrs. They can't be declared as gifts.”[b] [/b]“The law did not say which...

The level of technology adoption required to promote Small and Medium Enterprises (SMEs) brands in Africa has been rated low by experts. This was stated by the Founder, Olakunle Soriyan Company, OlaKunle Soriyan, who lamented that most business ideas and products emanating from Nigeria and other African nations often fail to pass the test of universality resulting from little or no consideration for technolog. Stating  this at the press briefing that preceded the three-legged nation-building and thought leadership exchange programme  titled 'Ideas Going Global: Business Cocktail, the SME expert identified computer, internet and telecommunications as the three elements of technology that must be better engaged if made in Nigeria brands are to be appreciated globally. With the theme " A NEW ECONOMY: The African Imperative, the programme slated for Fri. 4th, Fri. 11th and Sun. 13th of Dec. in Lagos, Abuja and Port Harcourt respectively, witnessed impressive turnout in i...

When he is sworn in on January 27, 2016, Alh. Yahaya Bello will make history as the youngest governor ever in Nigeria. He turned 40 last June. Alh. Yahaya Bello, popularly known as Fair Plus by his admirers owing to the success of his powerful business brand, was born in the sleepy neighborhood of Agassa in Okene Kogi State to the family of Alhaji Bello Ipemida Ochi and Hajia Hawa Bello Oziohu. He is the last of six siblings. He started his early education in 1984 at LGEA Primary School, Agassa In Okene LGA. The greatness in him started manifesting early in his life when he was made the class prefect from primary two, the position he held till he was made the school Head Boy in class six due to the leadership qualities identified in him by his peers and teachers. In 1989 he enrolled for College at Agassa Community Secondary School, Anyava, Agassa-Okene. His quest for qualitative education saw him changing schools five times until he finally settled for Government Secondary Scho...

Conference: Former minister of finance Ngozi Okonjo-Iweala at G7 support meeting for the African Risk Capacity during Paris Climate Change conference. Conference Former minister of finance Ngozi Okonjo-Iweala pictured with dignitaries including Justine Greening, UK Secretary for International Development, at G7 support meeting for the African Risk Capacity during Paris Climate Change conference

A former Chairman of the Economic and Financial Crimes Commission (EFCC), Mallam Nuhu Ribadu, at the weekend said about $60billion looted funds left Africa yearly. He said ex-Delta State Governor James Ibori attempted to bribe him with $15million in two big bags, but he resisted. Ribadu said the bribe was, however, deposited in the Central Bank of Nigeria (CBN) to serve as evidence against him. The ex-EFCC boss, who spoke at the TEDx Talk in Berlin, Germany, said although “anti-corruption war is the most dangerous work, this is one war worth fighting.” In the video clip, released on You Tube by Ribadu Media Office and transcribed by our correspondent, Ribadu said: “Do you know that every year, $60billion leaves Africa illegally? This figure is from the Economic Commission for Africa (ECA). “Billions are going out of Africa every year. I’m a Nigerian and I am from this paradoxical continent where today our most notorious export in Africa is stolen money.” He explained how...

The governor of Oyo State, Senator Abiola Ajimobi, has raised the alarm that about 28 states in the country might have gone technically bankrupt. Expressing similar sentiments, his Osun State counterpart, Mr. Rauf Aregbesola, also said that the country was sitting on a tinderbox with its army of unemployed youths. The governors bared their minds at the 7th annual Lateef Femi Okunnu lecture, delivered by Ajimobi and titled: “State financing and over-dependence on oil: issues and challenge,” at the Obafemi Awolowo University, Ile-Ife. The event was put together by the Muslim Law Students of OAU. Apart from the much discussed over-dependence on oil revenue, Ajimobi said that penchant for tax evasion by citizens, public and corporate entities, as well as corruption and disrespect for the rule of law were major challenges facing the states. To get out of the doldrums, he again reminded the country that agriculture value chain was a neglected potential cash cow that must be r...

The Emir of Kano, Muhammadu Sanusi II, has claimed that about $1bn (N197bn) went missing every month under former President Goodluck Jonathan. The former apex bank governor, said this during a programme entitled ‘How a cancer of corruption steals Nigerian oil, weapons and lives’, which aired on The PBS NewsHour, an American daily evening television show. The monarch said many dirty and shocking deals took place under the immediate past Minister of Petroleum, Diezani Alison-Madueke, who is currently being investigated in the United Kingdom. His words, “In Nigeria, there is no accountability at all and that is why I think Nigeria’s corruption is worse than corruption in most parts of the world. It is the worst type of corruption. It’s stealing. “Frankly, I think a billion dollars under Jonathan a month was about what we were losing.” Speaking further, the emir claimed that during Alison-Madueke’s tenure as petroleum minister, people paid as low as $50m for access to crude...

A 20-year-old robbery suspect, Lanre Makinde, who was arrested by the police in Lagos, said he became a robber to raise money for his graduation. PUNCH Metro reported that Sodiq Hassan, Sunday Oyeniran and Ahmed Kazeem ─ were arrested by operatives of the Rapid Response Squad on Saturday while they were allegedly dispossessing their victims of mobile phones and wallets during gridlock. The suspects and other fleeing gang members stole two mobile phones and two wallets from their victims before they were apprehended by the police. In his statement to the police, Makinde said he was on drugs when the incident happened. He added that he needed money to pay for his graduation in an undisclosed institution, and to make ends meet. He said, “I was not conscious of what I was doing. I knew the gang leaders as friends in the area, and agreed to go out with them. I was drunk on that evening. I actually needed money to pay for my graduation and to make ends meet.” Makinde added...

The breaking of the death of the Kogi state All Progressives Congress (APC) gubernatorial candidate, Prince Audu Abubakar, was shocking and unbelievable to all. The news throw the great people of Kogi and the Nigeria at large into state of quandary as such incident has never occurred in the history of the nation.    The confusion climaxed when professionals in the bar were divergent in the interpretation of the event (not the constitution as it has no clear provision for this). Some believed that since the deceased has a joint ticket with his running mate, Hon. James Faleke; automatically, Faleke should take up the Audu’s shoe to be flag the party in the supplementary election. A Lagos based lawyer, Festus Keyamo, explained that the legal effect of the APC candidate has been understood in different ways… He contended that Faleke is entitled to the votes cast for Audu because they both had a combine ticket Meanwhile, some believed that the party was the plat...