Author: Chronicle Editor

Lagos State Governor, Mr. Akinwunmi Ambode on Friday in Zurich, Switzerland led a team of the State Executive Committee members to sign an agreement with Bühler AG (“Bühler”), a leading rice-mill producer in the world, for the acquisition of a 32 tonnes per hour Rice Mill. The Governor, who spoke shortly after the signing ceremony, said the development was in furtherance of his vision of enhancing food security and creating employment in the State. It is estimated that the partnership would facilitate the creation of about 200,000 jobs across the agriculture value chain, while it would also bring about the…

Nawaz Sharif has resigned as prime minister of Pakistan following a decision by the country’s Supreme Court to disqualify him from office. The ruling came after a probe into his family’s wealth following the 2015 Panama Papers dump linking Mr Sharif’s children to offshore companies. Mr Sharif has consistently denied any wrongdoing in the case. The five judges reached a unanimous verdict in the Islamabad court, which was filled to capacity. “Following the verdict, Nawaz Sharif has resigned from his responsibilities as prime minister,” a spokesman for Mr Sharif’s office said in a statement. There was heightened security in the…

Arsenal are closing in on a £45m deal for Monaco’s 21-year-old France midfielder Thomas Lemar. (Sun) Real Madrid coach Zinedine Zidane has said he cannot guarantee that Wales forward Gareth Bale, 28 – who is a target for Manchester United – will stay at the Bernabeu this summer. (Mirror) Chelsea manager Antonio Conte is planning a £50m move for two England midfielders – Everton’s Ross Barkley and Arsenal’s Alex Oxlade-Chamberlain, both 23. (Sun) Tottenham boss Mauricio Pochettino wants to sign Barkley this summer to convert him into a central midfielder. (Times – subscription required) Roma are set to return with…

Amazon founder and CEO Jeff Bezos’ reign on the top of the Forbes’ Real Time Billionaires List only lasted a morning. Bezos became the richest person in the world for the first time with a $90.6 billion net worth when markets opened on Thursday. But while Amazon stock climbed another 1.3% to an intraday high of $1,083.31, it then dropped down to $1,046 by the time markets closed, knocking Bezos out of the top spot. He ended the day with an $88.7 billion fortune, down $540 million from late Wednesday. Gates is once again the richest person in the world…

Search giant, Google, has mapped out plans to get 10 million people in sub-Saharan Africa (SSA) trained, and have access to Information and Communications Technology (ICT) facilities in the next five years. This is aside the special provision of mobile developer training to 100,000 Africans to develop world-class apps, with an initial focus on Nigeria, Kenya and South Africa. Google global Chief Executive Officer (CEO), Sundar Pichai, disclosed these plans at the Google for Nigeria event in Lagos, yesterday. Pichai further said the firm’s charitable arm, Google.org, is committing $20 million over the next five years to nonprofits that are…

Former US Secretary of State, Hillary Clinton has given a personal insight into why she lost the 2016 presidential election to Donald Trump. She made the revelation in her new book titled ‘What Happened’. According to the Washington Post, publishers of the book, Simon & Schuster, the book will be quite personal and would also be a “cautionary tale” about Russia’s interference in the 2016 elections. In the introduction, Clinton is reported to write; “In the past, for reasons I try to explain, I’ve often felt I had to be careful in public like I was up on a wire…

…Insists Appeal Court Judgment Favours LASG The Lagos State Government on Thursday refuted a misleading claim by the National Inland Waterways Authority (NIWA) on the recent judgment of the Court of Appeal setting aside the Judgment of the Federal High Court and allowing the Appeal of the State Government on its right to control its inland waterways to the exclusion of the Federal Government. NIWA had claimed that the judgment of the Appellate Court retained its power to regulate all waterways including international, intra-coastal and inter-state waterways. But in a press statement issued on Thursday by the Lagos State Commissioner…

*Acting President adds: Indorama’s success story a manifestation of Buhari’s vision for a truly private sector-driven economy “It is impossible for government to ever be able to provide all the capital needed to invest in infrastructure, or to catalyze economic activity. The best that we can do, and what we should be putting all our energy into, as government, is acting as a catalyst, an enabler, supporting private capital to achieve maximum impact in an economy that so desperately needs all the investment it can get.” “What Indorama is accomplishing today is very much in line with President Buhari’s vision…

The kidnap of oil workers that resulted in the death of nine soldiers also led to the death of at least 18 other people including some of the kidnap victims. The victims, who included scientists, engineers and some personnel of the Civilian Joint Task Force (CJTF) were ambushed near Jibi village in Gubio Local Government Area on Tuesday while on an oil exploration mission in Lake Chad, PREMIUM TIMES reports. The NNPC, which is directly responsible for the oil exploration, had said 10 people were part of the team, but that the oil workers were mainly staff of the Geology…

The Peoples Democratic Party (PDP) National Caretaker Committee (NCC) under the leadership of Ahmed Makarfi has dissolved the hitherto existing parallel Executive Committees in Anambra state. According to a statement issued Thursday evening by its National Publicity Secretary, Dayo Adeyeye, the NCC took the decision to dissolve the parallel committees after due consultations and meetings with relevant party leaders and stakeholders in the state. The PDP called on all stakeholders to put away their differences and work harmoniously towards ensuring the party emerged victorious in the forthcoming gubernatorial election in the state. The statement reads: “the Peoples’ Democratic Party (PDP)…