Author: Chronicle Editor

The Nigerian National Petroleum Corporation (NNPC) says AITEO group, headed by one of Nigeria’s silent billionaires, Benedict Peters has paid up its debt. NNPC Group General Manager, Group Public Affairs Division, Mr Ndu Ughamadu, announced this in Abuja on Monday. AITEO Energy Resource Limited was one of the three companies the NNPC said were involved in the under-delivery of petroleum products to the corporation, According to Ughamadu, the update is in line with the corporation’s pledge to provide members of the public with periodic information on its recovery efforts for crude swap under deliveries. The NNPC had raised an alarm…

Here is another reason for Nigerian senators to be angry with Hameed Ali, a retired colonel, heading the Nigerian Customs Service as Comptroller-General. The Compliance Task Force that Ali set up has just impounded 223 vehicles, 13 of which belong to a senator in Kano state. The Task Force Zonal Commander, Mr Bala Dole, made this known in an interview with the News Agency of Nigeria (NAN) in Kano on Monday. He said the vehicles, belonging to the unidentified senator were; 12 new Toyota Hilux and one Land Cruiser Jeep. Dole, who declined to name the said Senator, said the…

Russia on Monday rejected calls by the United States and the European Union to release opposition protesters detained during what it said were illegal demonstrations on Sunday. The Kremlin even accused organizers of paying teenagers to attend. The protests, estimated to be the biggest since a wave of anti-Kremlin demonstrations in 2011/2012, come a year before a presidential election that Vladimir Putin is expected to contest, running for what would be a fourth term. Police detained hundreds of protesters across Russia on Sunday, including opposition leader Alexei Navalny, after thousands took to the streets to demonstrate against corruption and demand…

…empowers Neighbourhood Corps With 177 Vehicles, 377 Motorcycles, 4,000 Bicycles, Others …says Bill To Regulate Domestic Workers, Security Guards Underway Lagos State Governor, Mr. Akinwunmi Ambode on Monday launched the rebranded Lagos Neighbourhood Safety Corps, with a pledge that the security of lives and property in the State is now non-negotiable. A total of 177 Salon Cars and Vehicles equipped with necessary communication gadgets, 377 motorcycles, 377 helmets, 4,000 bicycles, metal detectors for ensuring that illegal weapons are not smuggled into public places, among other operational equipment were handed over to the Corps by the Governor. Speaking at the official…

The Kogi State chapter of the Peoples Democratic Party, PDP, weekend, said the ruling All Progressives Congress, APC, has failed Nigerians, urging stakeholders who had waded into the PDP crisis to speed up the reconciliation of aggrieved members to rescue Nigerians from APC in 2019. In a communiqué at the end of the PDP Kogi West stakeholders meeting in Kabba, signed by the zonal chairman, Kola Ojo, the party said: “We commended the various steps being taken to address areas of disagreement among members of the party. These efforts would help to reposition the party, based on sound strategies that…

The Vice Chancellor of Ahmadu Bello University (ABU), Prof. Ibrahim Garba has stated categorically that Senator Dino Melaye graduated from the institution with a BA in Geography. Garba who honoured an invitation from the Senate after Melaye was accused of not graduating said he did graduate. Melaye, who represents West Senatorial District has been in the middle of accusations and counter-accusations over his tertiary school certificate. Melaye who appeared before the Senate ethics committee on allegations he did not graduate from Ahmadu Bello University, Zaria admitted under oath that he graduated from the institution. Melaye who presented documents to ethics…

A lingering illness has led President Muhammadu Buhari to reduce his working day to a few hours since he returned from medical leave, slowing down the pace of economic reforms advanced in his absence, diplomats and government sources said. The Nigerian leader is spending between one and four hours a day in his office to conserve his energy levels, three diplomats and presidency sources said, deepening concerns he is too unwell to orchestrate reforms to the recession-hit OPEC economy. Buhari has long been criticised by households and investors for his slow response to low global oil prices, which sent the…

In China, Chinese courts heard no fewer than 1.4 million divorce cases in 2016, the Supreme People’s Court (SPC) said on Monday. “Apart from those applied for in court, 3.46 million Chinese couples divorced in civil affairs offices in 2016,” Du Wanhua, a senior SPC official, at a conference, said. Du said court officials needed to study sociology and psychology to better mediate family disputes, as nearly 10 million people were directly involved and over 50 million people, including children and close relatives, were affected. According to the Ministry of Civil Affairs, a total of 3.15 million couples divorced in…

The foreign minister of Nigeria is in Poland in an effort to develop economic, military and security ties with the fast-growing economy in central Europe. Geoffrey Onyeama, on his first visit to Poland, said he was “extremely impressed” by the economic development he has seen in Poland, a country that threw off communist rule 28 years ago. He said Nigeria, an oil exporter badly hit by a fall in oil prices, is eager to diversify its “mono-economy” and is seeking out Poland as a new partner. At a news conference in Warsaw he said security, military equipment and training, agriculture,…

The Central Bank of Nigeria has stated that it will sell the dollars to individuals at N360 per dollar, while banks will buy at N357 per dollar. In a series of tweets on its official account, CBN said banks have been directed to post new rates in the banking halls of their branches immediately. The apex bank said it will begin immediate monitoring of the new rates in commercial banks. “CBN examiners to visit banks to ensure the new rates are implemented,” it said on Twitter. CBN said that banks who sell to Bureau De Change’s will be disciplined. “CBN…