FUEL SUBSIDY REMOVAL WILL SAVE THE FG N985BN - VP OSINBAJO.

Vice President Yemi Osinbajo has said the Federal Government, which relies on crude oil for about two-thirds of its revenue, is seeing a silver lining to the plunge in crude prices because it will no longer have to subsidize fuel.

“Lower oil prices also mean there is some advantage,” Osinbajo said in a panel discussion at the World Economic Forum in Davos, Switzerland, on Thursday.

The decline “means that we are not paying any subsidies, which frees up something in the order of about $5bn (about N985bn),” Bloomberg quoted the vice president as saying.

LOS ANGELES TO PAY $24MILLION TO 2 MEN WHO SPENT OVER 30YRS IN JAIL FOR CRIMES THEY DID NOT COMMIT.

Los Angeles will pay more than $24 million to two men who spent decades in prison after they were wrongfully convicted of murder, officials said.  

Kash Delano Register won his freedom in 2013 after lawyers and students from Loyola Law School doubted a key prosecution witness’s testimony.

He was awarded $16.7 million by the Los Angeles City Council on Tuesday. It is the largest settlement in an individual civil rights case in the city’s history, according to reports.

ARMS SCANDAL - I DID NOT RECEIVE A DIME FROM DASUKI - CHIEF OLU FALAE,

National Chairman of  Social Democratic Party, SDP, Chief Olu Falae, yesterday, said he has fixed next week to adequately address his alleged involvement in the ongoing arms deal scandal involving the former National Security Adviser, NSA, Col. Sambo Dasuki (retd).

This came as he insisted that the alleged N100 million linking with with the former NSA was given him by former Chairman, Board of Trustees of the Peoples Democratic Party, PDP, saying he had never communicated with the former security chief since 1987,when he was Secretary to the Federal Government while the latter held sway as the Aide-de-Camp, ADC to then military president, General Ibrahim Babangida.

POLICE ARREST 37-YR-OLD MAN FOR RAPING MENTALLY CHALLENGED GIRL IN LAGOS. #SAYNOTORAPE.

The police in Lagos State have arrested a 37-year-old man for allegedly raping a mentally-challenged girl (names withheld).

It was learned that the suspect, Adesola Moses, who resides at Osenatuilo Street, Alagbado by AIT Road, reportedly raped the victim in her mother’s shop.

It was learnt that the suspect took advantage of the victim’s mental health and had anal sex with her.

ZAHRA BUHARI DENIES DATING GOV YARI OF ZAMFARA STATE.

Zamfara State Governor, Abdulazeez Yari has denied reports that he is romantically involved with Zarah, one of the daughters of President Muhammadu Buhari.

He also faulted media reports that he gave the president’s daughter $200 million as gift and that he divorced one of his wives, Hadiza Umaru Shinkafi, to accommodate Zarah.

DAVIDO SIGNS MULTI-MILLION DOLLAR RECORD DEAL WITH SONY.

Talented Nigerian superstar Davido has signed a Record deal with Sony Music at their headquarters in New York,  This exclusive deal which will Davido create, distribute and market his music at a world class level.

Congratulations to him.

22 YEAR OLD NIGERIAN SERIAL RAPIST JAILED FOR 24 YEARS IN UK.

22-year-old Oluwadamilare Baiyewu pictured above has been sentenced to 24 years imprisonment by a Woolwich Crown Court in the UK for raping a 17 year old girl while trying to attack another on December 2nd last year. Described as a ‘dangerous, calculating and predatory rapist’ who created the image he was the ‘pillar of the community’ by helping out at the church.

Baiyewu who resides in Fairlawn in Greenwich, first grabbed a 17-year-old girl at knife point on December 2nd, but she managed to break free and escaped.

ICPC ARRAIGNS FORMER ZAMFARA STATE GOVERNOR SANI YERIMA FOR STEALING OVER N1BN AND OTHER OFFENCES.

The former governor of Zamfara State, Ahmed Sani Yerima, will be arraigned today by the Independent Corrupt Practices and other offenses Commission, ICPC, today for allegedly scamming former President Olusegun Obasanjo and the federal government, promising to supply 50,000 metric tones of grains without delivering the goods after receiving payment for same.

Similarly, the anti-graft agency also accused the former governor, who amputated the wrist of a thief for stealing a goat, of diverting over N1 billion meant for the repair of collapsed Gusau Dam and the compensation of those to be displaced by the project for other purposes.

In a charge sheet prepared by the commission, which is to be executed in the High Court of Zamfara State today, the former governor, who is also a member of the All Progressives Congress, APC, representing Zamfara State in the the senate, was also alleged to have proposed to sell some grains to the federal government without providing same after he had been paid.

FEW DAYS AFTER THE DEATH OF OLUBADAN, TWO HIGH CHIEFS LAY CLAIM TO THE THRONE.

The age-long smooth ascension to the throne of the Olubadan of Ibadanland appears to be under threat as a two top Ibadan chiefs have laid claim to the coveted throne.

While the Balogun of Ibadanland, High Chief Saliu Adetunji, as the next in rank to the late Olubadan, anticipates his installation as the next Olubadan, the Otun Seriki of Ibadan, Chief Adebayo Oyediji, says he is the ‘‘next Olubadan’’.

Oyediji warned the kingmakers, the Olubadan-in-Council, not to flout what he called a 1989 ruling of the Supreme Court by installing Adetunji as successor to the late Oba Samuel Odulana Odugade, who died on Tuesday at the age of 101 years.

WOLFSBURG TABLE 3.5 MILLION EUROS FOR HIGHLY RATED VICTOR OSIMHEN.

German Bundesliga club Wolfsburg have tabled a four and a half year deal worth about 3.5 million Euros for Victor Osimhen, it can be exclusively revealed.

Osimhen, 17, was top scorer at last year’s FIFA U17 World Cup in Chile and the Wolfsburg deal is expected to kick in when he turns 18 in December.

KILLERS OF EX-FUTA VC SENTENCED TO DEATH BY HANGING.

An Akure High Court, yesterday, sentenced two domestic staff of former Vice Chancellor of Federal University of Technology, Akure, FUTA, Professor Albert Ilemobade, to death by hanging.

The convicts, Daniel Itah Effiong and Bamitale Olayemi, were the security/gate man of the 79-year-old former Professor of Veterinary Medicine, and driver, respectively.

Delivering judgement, Justice Williams Olamide found them guilty of the three-count charge of conspiracy to murder, murder and robbery.

DASUKI IN FRESH TROUBLE AS COURT ORDERS FG TO PRODUCE HIM ON FEB 16 FOR MONEY LAUNDERING CHARGES.

Justice Adeniyi Ademola of a Federal High Court in Abuja on Wednesday ordered the Federal Government to produce the immediate-past National Security Adviser, Col. Sambo Dasuki (retd.), in court on February 16.

The judge made the order with respect to the charges of money laundering and illegal possession of firearms preferred against Dasuki by the Federal Government.

The four counts preferred against the former NSA before Justice Ademola were unrelated to two other separate charges bordering on alleged diversion of arms funds pending against him and others before two judges of the Federal Territory High Court in Maitama, Abuja.

FAKE LUTH DOCTOR WHO PERFORMED MANY ABORTIONS AND BOUGHT 7 CERTIFICATES FOR N100K ARRESTED IN LAGOS.

A 43-year-old man, Opeyemi Adesina, who allegedly paraded himself as a consultant gynaecologist with the Lagos University Teaching Hospital, Idi-Araba, says he paid N100,000 to buy the seven forged certificates he used.

Reporters learnt that Adesina, who hails from Ekiti State, was arrested on Tuesday by the Alakara Police Division on Alowolodu Street in the Alapere, Ketu area of Lagos State.

It was gathered that Adesina was arrested after his landlord, identified only as Akorede, wrote a “save-my-soul” petition to the management of LUTH some weeks ago alleging that Adesina brought home female patients to treat in his house and did abortions for them, among other unwholesome practices which could implicate him (the landlord).

(VIDEO) MAN BEATS EX-GIRLFRIEND IN TRAFFIC FOR REFUSING TO HANDOVER CAR HE BOUGHT FOR HER.

BRUTAL BEATING

Reports says a man dragged his ex-girlfriend out of her car in Los Angeles traffic and brutally beat her while people watched. 

It seems he bought the car for the lady and had been asking for it back after they broke up but she refused to give it back until this confrontation.

COURT ORDERS NNAMDI KANU TO BE TRANSFERRED TO PRISON.

A Federal High Court judge has ordered that the custody of the leader of the Indigenous People of Biafra and founder of Radio Biafra, Nnamdi Kanu, be relinquished by the Department of State Services. Nnamdi Kanu was arraigned before the court on Wednesday, January 20 on trial for charges bordering on treason and his agitations for the Republic of Biafra from Nigeria. Recall that Mr Kanu was supposed to appear before the Federal High Court Abuja, on Monday, but the much awaited case was adjourned due to the absence of the judge.

This is equally following the killing of eight  members of the the Indigenous People of Biafra, IPOB in Aba by the military during their  peaceful protest over the continued detention of their leader, Nnamdi Kanu on Monday,

NIGERIA SIGNS MOU WITH DUBAI TO RECOVER LOOTED FUNDS.

Determined  to recover Nigeria’s stolen funds stashed in foreign banks, the Federal Government, yesterday, signed different bilateral agreements with the United Arab Emirates, UAE.

The agreements were essentially on trade, finance and judicial matters.

While the agreement on trade was to promote investments and business dealings amongst the two countries, the judicial bilateral agreement will enable the country to extradite, or transfer persons serving jail terms.

VISAFONE'S ACQUISITION BY MTN, END OF CDMA????

It  became official, January 5, 2016, that the last Nigerian Code Division Multiple Access, CDMA operator standing, Visafone, has finally succumbed to the terrible distress in that genre of telecommunications operation and allowed itself to be swallowed by a GSM counterpart, MTN Nigeria.

However, when Vanguard carried the news eight months earlier that the CDMA operator may soon melt into another, it was quickly and unofficially, dismissed as a rumour by both players. But today, MTN has admitted that  the acquisition falls in line with the company’s determination to improve the quality of broadband services for its subscribers.

According to MTN Executive, Amina Oyagbola, the acquisition is also a reflective of MTN’s concerted efforts to deepen the growth and rollout of broadband services across the country in support of the National Broadband Plan for the benefit of Nigerians.

ZARIA SHIITE KILLINGS - THE ARMY ACTED WITHIN ITS RULES OF ENGAGEMENT - COAS BURATAI TELLS PROBE PANEL.

The Chief of Army Staff, Major General Yusuf Buratai, yesterday, appeared before a Special Investigative Panel that was constituted by the National Human Rights Commission, NHRC, to probe circumstances that led to the bloody clash between the Nigerian Army and the Shiite Muslim sect.

This came on a day hundreds of members of the Islamic Movement of Nigeria (Shiites) stormed the commission to protest the continued detention of their leader, Sheikh Ibrahim El Zakzaky, by Nigerian security services.

The clash which occurred on December 12, 2015, resulted in the instant death of many members of the sect, with others seriously wounded.

LASSA FEVER - FG CONFIRMS 212 SUSPECTED CASES IN 17 STATES, BLAMES STATE GOVERNORS FOR DISEASE SPREAD.

The Federal Government has confirmed 212 suspected cases of Lassa Fever in 64 Local government areas across 17 states in the country, even as it warned against a conspiracy of silence among the states of the federation.

The Minister of Health, Prof. Issac Adewole, who disclosed this, yesterday, in Abuja at the Emergency National Council on Health meeting with state Commissioners of Health and other stake- holders in the health sector, said the current out-break was a national embarrassment.

Adewole, who debunked rumours in some quarters that the disease was a “gimmick to get money from the government, said objective of the meeting, was to facilitate discussion on control of the ongoing disease outbreak; to develop strategies of prevention and management of all cases in Nigeria, among others.

NIMASA N2.6BN FRAUD - FASHION DESIGNER GOT N543M FOR A NON-EXISTENT CONTRACT.

The trial of an ex-Director General of the Nigerian Maritime Administration and Safety Agency, Patrick Akpobolokemi, and five others continued before a Federal High Court in Lagos on Tuesday with a bureau de change operator, Hussein Sabo, testifying against them.

The defendants are being tried by the Economic and Financial Crimes Commission for allegedly converting to their personal use a total of N2,658,957, 666, belonging to NIMASA between December 23, 2013 and May 28, 2015.

They were on December 4, 2015 arraigned on 22 counts in relation to the offence before Justice Ibrahim Buba.