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http://ift.tt/eA8V8J The Economic and Financial Crime commission has raided the office of The Sun Newspaper in Lagos. According to a statement from the The Sun Newspaper on Monday morning heavily armed men from the office of the EFCC invaded the company’s premises and ordered the security personnel to take them round the company premises. Read the statement from the company: Law -abiding staff of The Sun Publishing Limited resumed work this morning, June 12, 2017 to behold heavily armed EFCC operatives in our company. They claimed to have “orders from above” to seal up the premises of The Sun Publishing Limited. At gunpoint, they ordered our security personnel to take them round the company premises, after which they proceeded to prevent staff from either entering or leaving the premises, and disrupted our circulation process. For one gruelling hour, EFCC operatives subjected our staff to crude intimidation, psychological and emotional trauma, even as some of the men accused our...

http://ift.tt/eA8V8J The Ekiti State Governor, Mr. Ayodele Fayose has reiterated that the recent faceoff between the State Government and the Oil Marketers in the State was not meant to witch-hunt anybody or group but to guarantee the safety of lives and properties of the citizens of the state. The governor said this while inaugurating a 12 Member Committee on Re-certification of Petrol Filling Stations in Ekiti held at the Conference Hall of the Governor’s Office in Ado-Ekiti . Mr. Fayose who was represented by his Deputy, Dr. Kolapo Olusola, expressed his view that the operations of Oil Marketers and their filling stations should conform with minimum safety measures in the society where they operated. The Governor advised the committee to be thorough and ensure that they delve into all aspects relating to the size, location and other technicalities regarding the siting and operation of petrol filling stations. He said that his government believed that the caliber of personaliti...

http://ift.tt/eA8V8J The Economic and Financial Crime commission has raided the office of The Sun Newspaper in Lagos. According to a statement from the The Sun Newspaper on Monday morning heavily armed men from the office of the EFCC invaded the company’s premises and ordered the security personnel to take them round the company premises. Read the statement from the company: Law -abiding staff of The Sun Publishing Limited resumed work this morning, June 12, 2017 to behold heavily armed EFCC operatives in our company. They claimed to have “orders from above” to seal up the premises of The Sun Publishing Limited. At gunpoint, they ordered our security personnel to take them round the company premises, after which they proceeded to prevent staff from either entering or leaving the premises, and disrupted our circulation process. For one gruelling hour, EFCC operatives subjected our staff to crude intimidation, psychological and emotional trauma, even as some of the men accused our...

http://ift.tt/eA8V8J The Ekiti State Governor, Mr. Ayodele Fayose has reiterated that the recent faceoff between the State Government and the Oil Marketers in the State was not meant to witch-hunt anybody or group but to guarantee the safety of lives and properties of the citizens of the state. The governor said this while inaugurating a 12 Member Committee on Re-certification of Petrol Filling Stations in Ekiti held at the Conference Hall of the Governor’s Office in Ado-Ekiti . Mr. Fayose who was represented by his Deputy, Dr. Kolapo Olusola, expressed his view that the operations of Oil Marketers and their filling stations should conform with minimum safety measures in the society where they operated. The Governor advised the committee to be thorough and ensure that they delve into all aspects relating to the size, location and other technicalities regarding the siting and operation of petrol filling stations. He said that his government believed that the caliber of personaliti...

http://ift.tt/2rZZfe0 The post NPFL: Results from Matchday 24 appeared first on Vanguard News . Vía Vanguard News http://ift.tt/2rfqYdG

http://ift.tt/eA8V8J …Says State Remains Committed To Ideals Of The Annulled Elections The Lagos State Government on Sunday declared Monday public holiday to mark June 12 celebration in the State, saying that the State remains committed to the ideals of the annulled 1993 Presidential election. In a statement signed by the Secretary to the State Government, Mr Tunji Bello on behalf of the State Governor, Mr Akinwunmi Ambode, the government said the holiday was in honour of the ideals which June 12, 1993 Presidential election represents being a day that the country experienced an election that was adjudged as the freest and fairest in Nigeria’s history. The Governor said 24 years after, the ideals of June 12 commemoration were worth celebrating, describing the day as one of the most defining moments of the country’s political history which has positively shaped its democratic rule. Governor Ambode said the time has come for Nigerians to go beyond the commemoration and entrench a via...

http://ift.tt/eA8V8J By Monsuru Olowoopejo No fewer than three persons were feared died and scores sustained severe injured after hoodlums from Okesuna Street and Patey Street, Lagos Island, engaged in supremacy clash. Vanguard gathered that the clash on Thursday was a renewed clash between hoodlums from both streets after their recent clash that left many injured. It would be recalled that Area boys from Patey and Okesuna have been at loggerhead over supremacy for over five years. It was gathered that while one feared person died yesterday, two others feared died on Thursday during the reprisal attack. Sources hinted that one of the victims identified as ‘Osingin’ was alleged to have supported Okesuna Area boys against Patey. And in retaliation, the miscreants from Patey allegedly attacked Osingin with Dane gun and machete cutlasses during their renewed clash. Eyewitness narrated that Osingin, who was on his way home in company of friends, was allegedly ambushed at Oshodi by P...

http://ift.tt/eA8V8J The Asset Management Company of Nigeria’s (AMCON) belated rescue operation of Arik Air and Aero contractors will have very little effect on the survival prognosis of the two airlines. It is a known fact that getting an airline out of insolvency is the hardest feat in financial algorithm. The cost of getting either Arik or Aero out of their present lifeless state, will be higher than floating a fresh airline. And, AMCON has two choices: (1) to sell the carriers at their present peanut- market values, or (2) inject, at least, N10b into each company to stimulate operational growth. Arik needs the funds to offset most of its external debts; and prevent multiple domestic creditors’ encumbrances of its assets, including most of the aircraft. On the other hand, Aero will require more than five serviceable airplanes to bounce back to business, sustain its brand, and or, attain a feeble breakeven -point— at best, gain nominal profitability. Feeble breakeven In reality, ...

http://ift.tt/2q9Ol2D Chelsea's Nigerian midfielder Victor Moses (L) is chased by Tottenham Hotspur's Belgian midfielder Mousa Dembele (2L) and Tottenham Hotspur's South Korean striker Son Heung-Min (R) during the English Premier League football match between Chelsea and Tottenham Hotspur at Stamford Bridge in London on November 26, 2016. Ian KINGTON / AFP Following the conclusion of the 2016-17 season on Sunday, AFP Sport selects the five best games of the Premier League campaign: Arsenal 3 Liverpool 4 (August 14) Kicking off the season in style, Jurgen Klopp’s Liverpool left Arsenal with what would become a familiar sinking feeling. Theo Walcott fired Arsenal ahead moments after missing a penalty. But Philippe Coutinho equalised with a brilliant free-kick before Adam Lallana put Liverpool in front after the break. Coutinho poked in his second and Sadio Mane slammed home after a brilliant run, before Arsenal’s Alex Oxlade-Chamberlain scored a fine solo goal and Cal...

http://ift.tt/2oJY2aO Dr Akinwumi Adelina, the President of African Development Bank (AfDB), says that the continent needs 35 billion dollars to close its power deficit. A statement issued in Abuja on Wednesday by Jennifer Patterson, AfDB Acting Director, Communications and External Relations, said Adesina made the remark at the Centre for Global Development in Washington. Adesina said that the bank’s vision for Africa was encapsulated in the High 5s. “They are to “Light up and power Africa, Feed Africa, Industrialize Africa, Integrate Africa and Improve the quality of life for the people of Africa”. He said to improve on energy, the bank had launched the New Deal on Energy for Africa with a commitment of 12 billion dollars over the next five years and with the goal of leveraging between 45 billion dollars and 50 billion dollars. “Our goal is to connect 130 million people to the grid, 75 million via off grids and provide some 150 million with clean cooking energy. “We have...