Author: Chronicle Editor

The Association of Electricity Distribution Companies (ANED) has appealed to the Federal Government to provide the N100 billion subsidy it promised after private investors took over the power sector utilities on November 1, 2013. ANED, in a statement by its Executive Director, Mr Sunny Oduntan also appealed to the government to inject funds into the transmission section of the sector. It said that the inadequate funding of the TCN was responsible for the huge loss and rejection of electricity load. According to the statement, government which holds 40 per cent equity in the utilities, had pledged to provide many interventions…

The Presidency has warned it will not succumb to media attacks nor be deterred by false accusations by disgruntled elements to quenched its anti-graft war. “The war against corruption is here to stay. As long as President Muhammadu Buhari is in power, Nigerians can rest assured of that. “It will not succumb to media attacks. It will not be deterred by false accusations. It will not be quenched by disgruntled elements.’’ The Presidency was reacting to retired Col. Dangiwa Umar’s media attacks against the ongoing anti-corruption campaign. Umar had accused the government of being unfair in the war against corruption.…

Rafael Benitez’s Newcastle United bounced back to the Premier League at the first time of asking with a 4-1 win against Preston. Recalled striker Ayoze Perez netted a goal in each half as Newcastle United secured an instant return to the Premier League with a resounding 4-1 win over 10-man Preston North End. Rafael Benitez’s side – resounding pre-season favourites for the Championship title – have faltered of late, winning only two of their previous eight matches as Brighton and Hove Albion stole a march on them in booking a top-flight place. In the absence of top scorer Dwight Gayle,…

The Indigenous People of Biafra IPOB has praised the Israeli Prime Minister Benjamin Netanyahu for openly recognizing Biafra. IPOB said it was grateful to Netanyahu for openly acknowledging the genocide committed against the people of Biafra by the Nigerian Government. Biafra was a secessionist state in eastern Nigeria that existed from 30 May 1967 to January 1970. The secession of the Biafran region was the primary cause of the Nigerian Civil War, also known as the Biafran War. The Israeli Prime Minister had during his speech on Holocaust Remembrance Day in Jerusalem, reportedly mentioned Biafra as a sad case in…

At least four people were feared killed on Monday following a clash between scrap dealers and security men guarding oil pipelines in Isheri Osun/ Ijegun area of Lagos. Some residents of the area told the News Agency of Nigeria (NAN) that the armed security agents raided the scrap dealers for engaging in “ nefarious activities’’. NAN learnt that in the free-for-all, four persons were shot dead while several others sustained serious injuries. “They came and started shooting, killing four of our men. I am just coming from Isolo mortuary where I deposited the corpse of my brother and some other…

Nearly 15 years after her first space launch, NASA astronaut Peggy Whitson has now spent more time off-planet than any other American, at more than 534 days. Whitson, 57, is a biochemist who has twice commanded the International Space Station. “It is one of those rides that you hope never ends,” Whitson tweeted last night. “I am so grateful for all those who helped me on each of my missions!” https://twitter.com/AstroPeggy/status/856240376616591360 Her current ride will last for at least five more months, because of an extension of Whitson’s mission that is projected to leave her with more than 650 days…

A tanker, with 33,000 litres of diesel has exploded in Lagos after the tanker collided with a BMW car along Oshodi-Apapa expressway. The incident occurred at Toyota junction, Oshodi-Apapa Expressway, inwards Oshodi. Fire fighters and emergency agencies are currently battling to put out the fire. General Manager, Lagos State Emergency Management Agency, LASEMA, Adesina Tiamiyu said the tanker was carrying 33,000 litres of diesel belonging to Bovas Petroleum with registration number TUT 258 XA. He said the tanker crashed with a BMW Car with registration number (LSD 462 CZ), after losing control while driving inward Charity bus stop. “This subsequently…

The naira on Monday stabilised against the dollar at the parallel market. The Nigerian currency traded between N380 (buying rate) to N385 (selling rate) on Monday afternoon, maintaining the same rate as at Friday. The naira closed at N495 to pound sterling and N415 to Euro at the same segment. At the Bureau De Change (BDC) window, the naira was sold at N362 to the dollar, while the pound sterling and the Euro closed at N490 and N420, respectively. Trading at the interbank window saw the naira closed at N305.95 to the dollar. Traders commended the CBN for sustaining liquidity…

Justice O. Efreti Abang of the Federal High Court sitting in Asaba, Delta State has ordered that Mrs. Fidelia Omoile, a serving Independent National Electoral Commission’s (INEC) official in Isoko- South Local Government Area of Delta State, be remanded in prison custody following her arraignment on Monday, on a two-count amended charge, bordering on conspiracy and money laundering, by the Economic and Financial Crimes Commission, EFCC. Omoile was docked for allegedly collecting the sum of N112, 480,000.00 (One Hundred and Twelve Million, Four Hundred and Eighty Thousand Naira), as a bribe during the weeks leading to the 2015 Presidential election.…

The trial of a former Chief Judge of Enugu State, Professor Innocent Azubike Umezulike who was arraigned by the Economic and Financial Crimes Commission, EFCC for false declaration of assets began on Monday, April 24, 2017 at the Federal High Court sitting in Port Harcourt, Rivers State. At the commencement of the trial Monday, prosecution witness, Usman Adoke, an operative of the EFCC, during examination by the prosecution counsel. Ahmedu Arogha, told the court that Plots 312 and 767 Independence Layout Enugu belonged to the defendant but that he did not disclose his interest in the property in the Asset…