Senate Moves To Increase Customs’ Revenue Target

By Ogechi Okorie The Senate is considering an upward review of the N5.079 billion revenue target of the Nigeria Customs Service (NCS) from the second half of the year to save the country from further borrowings. The Chairman of the Senate Committee on Customs Isah Jibrin stated this during a meeting with the Comptroller General of the Nigeria Customs Service Adewale Adeniyi and top management of the agency. Senator Jibrin is emphatic on why revenue-generating agencies must up their game to improve the economy. On the high unemployment rate, Senator Jibrin states that “Customs is not the only employer of labour. They can only employ the number they believed, they can adequately take care of and we are putting them under pressure to exceed the 1,600 benchmark”. Responding to questions from the lawmakers, the CG, NCS also disclosed that the service is seeking approval from the government to allow them to give waivers to owners of smuggled cars to allow them regularize payment of their Customs duties. He disclosed that those in possession of vehicles illegally imported into the country …

Senate Moves To Increase Customs’ Revenue Target Read More

Nnamani Grieves Over Demise Of Abba Ibrahim

…. Describes him as an exceptional leader By Ogechi Okorie Former Governor of Enugu State, Senator Chimaroke Nnamani has described the demise of his friend and colleague Senator Bukar Abba Ibrahim of Yobe State as a loss to the political class. Senator Nnamani said the death of Ibrahim variously regarded as the father of Yobe state has created a huge vacuum in the polity. Nnamani and Ibrahim both served as State governors in 1999 and also as Senators of the federal republic in 2007. According to Nnmani “I was deeply saddened to hear about the passing of our former colleague, Senator Ibrahim of Yobe State. The news came as a shock to me, and I can only imagine the profound pain and loss experienced by the immediate family. The Managing Director of FACOG in a statement he personally signed said: “Senator Ibrahim was an exceptional individual who dedicated his life to public service and made a lasting impact during his tenure as governor and Senator. “His visionary leadership, unwavering integrity, and commitment to the welfare of citizens especially in Yobe …

Nnamani Grieves Over Demise Of Abba Ibrahim Read More

Senator Bukar Ibrahim’s Death A Huge Loss – David Mark

By Chris Udochukwu Former President of the Senate, Senator David Mark has described the demise of Former Yobe State Governor, Senator Bukar Abba Ibrahim as a huge loss to the nation. Precise Post recalls that the former governor was reported dead on Sunday while receiving treatment in Saudi Arabia. Reacting to the news of the demise, Senator Mark noted that, “Senator Ibrahim was a true democrat who promoted participatory democracy especially during his stint as governor of Yobe State and as Yobe East Senator from 2007 to 2019. According to the statement signed by Paul Mumeh, the Media Adviser to Senator David Mark released to Precise Post, “Senator Ibrahim who served as the first civilian Governor of Yobe State also served as Chairman and Member of several Committees in the Senate. ” His contributions to the parliament through robust debate on motions and bills were remarkable. He was outstanding in all his assignments. “Senator Ibrahim was an advocate of peace and unity of Nigeria . “He was a reliable and dedicated public servant who contributed immensely to the development of …

Senator Bukar Ibrahim’s Death A Huge Loss – David Mark Read More

EPL: He’s very sloppy, and arrogant – Clichy blames Liverpool star after 3-1 loss to Arsenal

Former Manchester City defender, Gael Clichy has blamed Liverpool captain, Virgil van Dijk following his performance during the Reds’ Premier League 3-1 loss to Arsenal on Sunday. Clichy said Van Dijk was very sloppy and arrogant at times during the encounter against Mikel Arteta’s side. Arsenal defeated Jurgen Klopp’s side at Emirates Stadium, thanks to goals from Bukayo Saka, Gabriel Martinelli and Leandro Trossard. However, during the encounter, there was a moment of miscommunication between Van Dijk and Liverpool goalkeeper, Alisson Becker. Becker completely misjudged his clearance and Martinelli was gifted with an open goal. “When a team dominates a game like this you are always going to question whether they were that good if Liverpool were that poor. I can’t remember Liverpool playing that poorly,” Clichy told Sky Sports. “The example is Van Dijk, we are not used to seeing him like this. Very sloppy, confident, and arrogant at times. That challenge for the second goal you don’t expect from someone of his status.”

EPL: He’s very sloppy, and arrogant – Clichy blames Liverpool star after 3-1 loss to Arsenal Read More

AFCON’23: Nwabali keen to face familiar foes South Africa

Super Eagles goalkeeper, Stanley Nwabali is fired up for the team’s semi-final clash with the Bafana Bafana of South Africa. Nwabali is a familiar face in South Africa following his sterling displays for Chippa United this season. The 27-year-old will be up against some familiar foes when Nigeria come up against Hugo Broos’ men at the Stade de la Paix, Bouake on Wednesday night. “I know them and they know me. It will be an interesting evening in Bouake,” he was quoted by as saying. Nwabali has conceded once in five games in Cote d’Ivoire. Nigeria has won seven of the previous 14 matches, with five of those matches drawn and two won by South Africa.

AFCON’23: Nwabali keen to face familiar foes South Africa Read More

My husband hits me with hammer – Woman tells court, demands divorce

A businesswoman, Mrs Nancy Ngi, on Monday told a Customary Court in Nyanya, Abuja, that her husband, Ozor, was violent and hit her with a hammer. The woman made the allegation in a divorce petition she filed against her estranged husband before the court. “My husband is a violent man. He is short-tempered and he throws dangerous things at me. ”He uses a hammer on me. I have been going through martial torture. It is even severe now than when we were newly married. “Now he beats me in front of our children with whatever he can lay his hands on. “I pray the court to dissolve our marriage,” she said. She also told the court that her husband locks the storage room where foodstuffs are kept. The petitioner added that her husband was doubting the paternity of their son. Responding, Ozor, denied all the allegations. The presiding judge, Doocivir Yawe, adjourned the matter until Feb. 20, for hearing.

My husband hits me with hammer – Woman tells court, demands divorce Read More

Video: My life is under threat – Seun Kuti reveals

Grammy-nominated afrobeat singer Seun Kuti has said his life is under threat. He accused some unnamed persons of wanting to “destroy and kill” him for speaking the “truth.” Speaking in a recent video message shared via his Instagram page, the controversial singer said he has lost count of court cases and police invitations he has received over the years. He said he is fighting many secret “wars” alone. Kuti said, “I will reveal it here today. They want silent me for this country. I can’t tell you how many wars I am fighting alone. I can’t tell you how many cases in court for nothing, how many police invitations left, right and centre for nothing. For just saying the truth, everybody is inviting the police on me. “Because I am telling the truth, they are trying to destroy and kill me. They are trying to bring me down and destroy my name. It’s not easy. They have been silencing speakers of the truth since 705 BC.” Video:

Video: My life is under threat – Seun Kuti reveals Read More

‘This Grammy no sweet’ – Timaya reacts as Nigerian music stars miss out

Popular singer Inetimi Alfred Timaya Odon, simply known as Timaya, has bemoaned the poor outing of Nigerian artists at the 66th Grammys. The Nigerian quintet of Burna Boy, Ayra Starr, Davido, Asake, and Olamide were snubbed at the 66th Grammys on Sunday, with Tyla, the only non-Nigerian nominee in the maiden Best African Music Performance category, picking up the award. Davido and Burna Boy also lost their nominations for the Best Global Music Album and Best Global Music Performance categories. Expressing his disappointment, Timaya wrote via his X handle: “This Grammys no sweet oo!”

‘This Grammy no sweet’ – Timaya reacts as Nigerian music stars miss out Read More

36-year-old trader in court for allegedly stealing phone, television set

A 36-year-old trader, Ibrahim Isah, on Monday, appeared before a Shari’a Court sitting at Magajin Gari, Kaduna, for allegedly stealing two cell phones, a television set, and a home theater device. The defendant, who resides at Maraban Jos, pleaded not guilty to the offenses bordering on housebreaking and theft. The prosecutor, ASP Luka Sadau, had informed the court that on January 30 at about 1:00 p.m., one Hauwa’u Jibril filed a complaint against the defendant at Maraban Jos Police Station. “On that day, the nominal complainant was in her room when she heard a sound which made her leave the room to check where the noise was coming from,” he added. Sadau said that the complainant on that day, saw the defendant standing with her home theater device, and on sighting her, immediately escaped. He said that the complainant later discovered that some of her items were missing of which she suspected the defendant responsible. The judge, Malam Isiyaku Abdulrahman, ordered that the defendant be remanded at the correctional facility and adjourned the case till February 14.

36-year-old trader in court for allegedly stealing phone, television set Read More

World Cancer Day: Health experts lament over increase among young people

A health expert at the Niger Delta University, NDU, Bayelsa State, Dr Okeoghene Ifiezibe Akusu, has lamented the increasing rate of cancer among young adults in the country, saying early detection is key to overcoming the mortality rate. He said one out of every six persons die of cancer yearly due to late detection, putting the figure at 9.6 million people annually, making it the second leading cause of death in the world. Speaking during an advocacy and sensitization programme to mark the 2024 World Cancer Day with the theme: Close the Gap, Akusu added that regular breast cancer screening is important. In his presentation on the causes of cancer and the risk factors involved, Dr Akusu explained that “Cancer is a group of diseases caused by abnormal cell division. The body is made up of the cells, which are functional units of the body. When the cells begin to multiply in abnormal ways and are sent to different tissues and organs in the body, it causes problems which are called cancer.” He continued, “When they grow uncontrollably, it causes …

World Cancer Day: Health experts lament over increase among young people Read More

Why Men Cheat In Relationships – Producer, Martini Animashaun

Nigerian filmmaker and producer, Martini Animashaun has stated that men cheat in marriages for reasons such as a lack of emotional connection, a desire for newness, communication issues, personal insecurities, or unresolved past issues. In a recent interview,  Martini, while reacting to a recent post about actress Laide Bakare stating the need to cheat on an unfaithful partner instead of leaving, indicated that he believes men cheat more in relationships. The ace actor on what he thought about Laide Bakare’s opinion on cheating back when someone cheats on you ‘said; “While it might seem tempting to respond to infidelity with a taste of their own medicine, taking the high road through open communication is a more fruitful path. Revengeful actions can intensify the issue and deepen the rift between partners. “Instead, addressing the root causes of the infidelity, understanding each other’s perspectives, and working towards rebuilding trust can lead to a more resilient relationship. Choosing maturity over revenge allows for personal growth and a healthier resolution to the challenges at hand.” Speaking further on whom he thought  cheated more in …

Why Men Cheat In Relationships – Producer, Martini Animashaun Read More

EFCC apprehends pastor for N1.3bn fake grants and money laundering

Operatives of the Economic and Financial Crimes Commission, EFCC, have arrested the General Overseer of Faith On The Rock Ministry International, Apostle Theophilus Oloche Ebonyi, for defrauding church members and other Nigerians to the tune of N1, 319,040,274.31(One Billion Three Hundred and Nineteen Million, Forty Thousand, Two Hundred and Seventy Four Naira, Thirty One Kobo) by using fake grants from the Ford Foundation. EFCC spokesperson, Dele Oyewale, in a statement on Monday, February 5, 2024, said Ebonyi was arrested for defrauding his victims, comprising Non-Governmental Organisations, NGOs and individuals by advertising an intervention project through his NGO (Theobarth Global Foundation) claiming that the Ford Foundation was offering a grant of $20,000, 000 (Twenty Billion United State Dollars) to assist the less-privileged in the society. He allegedly beguiled his victims to subscribe as beneficiaries of the phoney grant by asking them to pay for registration forms and clusters. Each subscriber was made to pay N1,800,000 (One Million, Eight Hundred Thousand Naira) only.  Through this arrangement, Ebonyi allegedly raked in N1,391,040,274.31. His subscribers are innocent and unsuspecting Nigerians and NGOs across the …

EFCC apprehends pastor for N1.3bn fake grants and money laundering Read More

Ogun: Another two killed, 11 suspects arrested during cult clashes

Another two persons have been reportedly killed, while several others sustained gunshot injuries, in cult clashes in Abeokuta, the Ogun State capital. The suspects were killed in different parts of Abeokuta last weekend when members of rival cult groups engaged in another bloody clash. Two suspected cultists were killed in Abeokuta last week. This paper gathered that those who died include members of Aiye, Eiye and Buccaneer confraternities. The reign of terror started in the state capital on Thursday with the killing of one popular suspected cultist known as Oloba while another, Tayo Alora, was killed on Sunday. In an interview, the Police Public Relations Officer (PPRO) of the Ogun State Police Command, Omolola Odutola, confirmed the incidents. The police publicist added that another two persons have been killed. Odutola identified one Seun Elewode, who was killed during a shootout between rival cult groups in Adeun area of Lafenwa, Abeokuta, as a member of Aiye cult group. According to her, a suspected member of Buccaneer confraternity was also killed at Akinolugbade area of the town. “One Seun Elewode, a notorious …

Ogun: Another two killed, 11 suspects arrested during cult clashes Read More

Only Our Collective Consumption Habits That Can Make The Naira Rise By Reno Omokri

I was in Nigeria last year and ordered some food. The fish in the dish (I don’t eat red meat) got stuck in my teeth, and I asked for a toothpick. They brought me a case of picks, and when I turned it over, I saw ‘Made in China’. We do not have to manufacture jets and rockets. But, we must start from somewhere. And I am more than convinced that we can manufacture toothpicks in Nigeria. Now, the Naira is floated. And it is only our collective consumption habits that can make the Naira rise. Nigerians, especially Southerners, unfortunately, have a lot of ‘sense’. When you tell them the truth about the connection between balance of trade and the value of your currency, many of our people will try to use ‘sense’ to counter you. There is a Bank known as the Bank for International Settlements. It is based in Basel, Switzerland. Its only customers are Central Banks of countries around the world. For most foreign goods and services that you import into your country, you have to settle …

Only Our Collective Consumption Habits That Can Make The Naira Rise By Reno Omokri Read More

Presidency Slams Atiku, Says Claim That Private Sector Is Shrinking Not Grounded With Facts

By Chris Udochukwu ABUJA – The Presidency has slammed the former Presidential candidate of the Peoples Democratic Party (PDP), Atiku Abubakar for rubbishing the economic policies of President Bola Tinubu’s administration, saying his claims that the private sector is shrinking and that multinational companies are leaving our companies in ‘droves’ are not grounded on facts. According to the statement signed by the Special Adviser to the President on Information & Strategy, Bayo Onanuga, made available to Precise Post, minus Atiku, reputable local and international agencies who understand the situation the Tinubu administration found itself have commended the administration, having seen a policy trajectory that is clearly positive, realistic and sustainable. The statement titled: “ATIKU ABUBAKAR AND HIS NEW HOBBY” reads in full: Alhaji Atiku Abubakar has certainly found a new hobby to keep himself busy, having failed to achieve his lifelong ambition of becoming the President of the Federal Republic of Nigeria. He is increasingly carving for himself the role of opposition-in-chief to President Bola Ahmed Tinubu and his government. However, we notice that the former Vice-President, just like in …

Presidency Slams Atiku, Says Claim That Private Sector Is Shrinking Not Grounded With Facts Read More

Mr. CBN Governor Are You Aware Of Cross-Border Lending In Nigeria?

By Ndubuisi Ekekwe New business models evolved after the Naira floating policy last year. Some of the things the Central Bank of Nigeria is doing will take time to work as some of our lending products are cross-border in nature now with masked USD component. Every major bank in Nigeria has these products. I have identified ten new models and will share one today. Model #1: Note: no USD fund has been imported into Nigeria. And the US dollar which shows in the balance sheet of the local Nigeria bank is a collateral on a loan issued in Naira. Does the Central Bank of Nigeria (CBN) understand how to handle the Naira and the USD components of this transaction? I just explained one of many financial trajectories which are turning the Naira on its heads. Stay tuned for model #2. These are new business models which are reshaping banking, FX and the broad capital market in Nigeria. Yet, we can fix these issues if we get to work. The floating of Naira made Naira vulnerable and that was why I …

Mr. CBN Governor Are You Aware Of Cross-Border Lending In Nigeria? Read More