By Jonathan Nda- Isaiah Sacked national chairman, Peoples Democratic Party (PDP) and former Borno State governor, Ali Modu Sheriff, yesterday  met with Vice President Yemi Osinbajo and the national chairman of the All Progressives Congress (APC), Chief John Odigie-Oyegun behind closed doors. The meeting which lasted about two hours took place inside the office of the vice president at the presidential villa, Abuja. After the meeting, Sheriff who once assumed the office of the national chairman of the PDP in controversial circumstance declined to speak to journalists. But LEADERSHIP gathered that his visit to Osinbajo may not be unconnected with his current moves to defect to the ruling APC. The former controversial PDP boss was sacked by the Supreme Court recently. Reports have also suggested that his moves to switch party has been blocked by the Borno State chapter of the ruling APC.
By Kunle Olasanmi, JULIANA AGBO, Abuja and ANAYO ONUKWUGHA, Port Harcourt The Northern Elders Forum (NEF) yesterday threw its weight of support behind federal government’s proscription of the activities of the Indigenous People Of Biafra (IPOB) which was affirmed by the court on Wednesday. The Northern elders also commended the Senate President, Bukola Saraki, for asking the federal government to follow due process of the law in the proscription of the association. Convener and leader of NEF, Dr Paul Unongo, who stated NEF’s position also called on the Attorney-General of the Federation and the relevant judicial authorities to continue to uphold the rule of law without fear or favour. “The NEF welcomes and commends the decision taken by the South-East Governors to denounce the activities of the organization known as Indigenous People of Biafra (IPOB) and its proscription in their respective States”, he stated. Unongo noted that the North which had been a victim...
By ABAH ADAH, Abuja The federal government yesterday said it is not against state governments developing their own power projects to support development and supply of incremental power. Minster of Power, Works and Housing, Babatunde Fashola, stated this on Thursday at a meeting of the National Council on Power (NACOP) in Jos. He said: “I heard statements to the effect that Federal Government should allow the states to develop their own power projects. “The truth is that federal government is not standing on the way of any state; the laws do not stand in the way of any state to develop power projects. “Because as governor, we built seven power plants, government did not stop us; what we could not do is to do commercial distribution which the law actually allows under license through Nigerian Electricity Regulatory Commission (NERC).” The federal government also urged state governments in the country to wake up to the call...
By OLUSHOLA BELLO, Lagos The Nigerian Stock Exchange (NSE) has listed Ekocorp, Thomas Wyatt and Africa Alliance Insurance Plc leading the N372.5 million fine over inability to meet the Exchange regulatory requirements. The Exchange imposed a fine of N372.5 million on 30 listed companies for inability to file in their financial statements ranging between full year ended December 31, 2014 and second quarter ended March 31, 2017. Investigation revealed that NSE fined Ekocorp, Thomas Wyatt and Africa Alliance Insurance N75.6 million, N46.8 million and N46.1 million respectively, totaling N174.4 million, which accounted for 46.8 per cent. Also, for non-compliance on 2016 financial results, NSE sanctioned AG Leventis N2.9 million, Austin Laz N5.4 million, Capital Hotel N2.1 million, Capital Oil N 1.1 million, CWG N2.1 million, Diamond Bank N2.4 million, Fidelity Bank N 700,000, Fortis Micro Finance Bank N19.8 million, Guinea Insurance N11.6 million, Premier Paints N11.2 million, Royal Exchange N7.3 million, Standard Alliance...
By ZAKA KHALIQ, Lagos In a bid to remain afloat, some insurers are now perpetuating unethical practices about by hawking third party motor insurance policies for a paltry sum of N1000, LEADERSHIP Friday investigations have revealed. It gathered that the insurance price war has heightened in recent times, a situation which might have stemmed from the economic challenges facing the country. In an interaction with our correspondent, two insurance marketers who were once corporate affairs executives but were moved to marketing said their redeployment to marketing exposed them to the dirty battle in insurance sales. One of the marketers noted that some insurers, in a bid to secure an insurance contract with clients, throw caution to the wind and charge as low as N1000 for a third party policy which statutorily goes for N5,000. Worried by this development, the National Insurance Commission (NAICOM) said it will continue to fight the menace of rate-cutting through...
BY AHURAKA ISAH and SOLOMON AYADO, Abuja Senators and members of the House of Representatives of the South East extraction yesterday called on President Muhammadu Buhari to address the perceived marginalisation of Igbo in the country. The lawmakers said the ongoing agitations in the region can only be addressed if there is proportional representation of people from the south east in his government and generally in the scheme of things. The  South East Caucus of the National Assembly which met on Tuesday in Abuja drew attention of President Buhari to a number of issues in their 6-point communique which they expect the President to address to stem the tide of agitation for secession in the region. The Caucus, spearheaded by the Deputy President of the Senate, Ike Ekweremadu and the leader of South East Caucus in the National Assembly, Eyinnaya Abaribe, have however called on the leadership and members of the Indigenous People...
by Jonathan Nda- Isaiah and Kunle Oloasanmi, Abuja The federal government hinted yesterday that it has traced the financial headquarters of indigenous people of biafra (IPOB) to France. It also confirmed that President Muhammadu Buhari has approved the process of proscribing the group. The minister of Information and Culture, Lai Mohammed, who gave the hint after the Federal Executive Council (FEC) meeting presided over by Vice President Yemi Osinbajo at the presidential villa, maintained his earlier position that some politically-disgruntled persons and treasury looters were the ones sponsoring IPOB. He commended governors of the South East states for making it clear to IPOB that it has no support for its violent campaign, saying by their action, the governors have cut off the oxygen that IPOB needed to survive. According to him, if the elected governors of all the states in the South East have banned the activities of IPOB, then the organisation can no...
By EMMANUEL ANKELI, Sokoto, FESTUS OKOROMADU, Abuja And CHIKA IZUORA, Lagos The Group Managing Director (GMD) of Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, said the Corporation has embarked on properly and professional exploration of crude oil in the Sokoto basin alongside all other inland basins in the country. Dr. Baru disclosed this while responding to a charge by the Sokoto State Governor, Rt. Hon. Aminu Waziri Tambuwal, who requested that the NNPC resume search for hydrocarbon deposit in the Sokoto Inland Sedimentary Basin with a view to establishing the volume and value of oil and gas available there. Tambuwal who led a delegation from the State to the NNPC Towers in Abuja yesterday noted that the successful search for hydrocarbon deposit in the basin would go a long way in increasing the nation’s oil reserve with the attendant value addition. “We are here more on an advocacy visit to your office,...
By Michael Oche, Abuja The Joint Health Sector Unions (JOHESU) and the National Association of Allied Health Professionals (NAHP) has said that following the expiration of its ultimatum issued to the federal government to address several of its grievances, it will commence an indefinite strike action today. The union had last week issued a seven day ultimatum to the federal government to address several of its grievances, failure of which the union will begin an indefinite strike action. JOHESU comprises the Medical and Health Workers Union (MHWUN), National Association of Nigerian Nurses and Midwives (NANNW), Nigeria Union of Allied Health Professionals  (NUAP), Non-Academic Staff Union of Education and Associated Institutes (NASU) among others. President of JOHESU, Comrade Biobelemoye Josiah, who doubles as president of MHWUN, confirmed to LEADERSHIP that the decision to embark on the strike was reached at the end of the union’s NEC meeting held in Ilorin. He said the government did...
By Ejike Ejike, Abuja The Inspector General of Police (IGP), Ibrahim Idris, yesterday launched Police Force Order 20, which provides legal services for suspects before detention and trial. The launch of the Force Order 20 is in line with the recent unveiling of the revised Community Policing and ‘Bail is Free’ initiatives, which practically demonstrates the Police Force’s commitment to connecting with the people and respecting their rights. Speaking at the event, Idris who described the launch of the programme as “a milestone to ensure and access legal representation in the country and we are doing this, irrespective of religion and status”, noted that the rule of law must prevail in all actions of the Force to ensure democratic policing. “The event is the manifestation of my promise to the government to promote the human rights of Nigerian citizens and to offer them free legal representation as I believe this also will curtail...