“Every great achievement is a dream before it becomes reality,” says former American Secretary of State, Henry Kissinger. Kissinger was commenting on the miracle of Singapore, the tiny South Asian state that rose from poverty to prosperity.
A nation with no natural resources and a land mass of not more than 640sq km, has today become one of envy in the comity of nations. A nation that works for its...
Showing posts with label The Sun News. Show all posts
Showing posts with label The Sun News. Show all posts
Sunday, 14 February 2016
Buhari’s anti-money laundering Bill
By Okechukwu Emeh, Jr & Shasudin Daura
AT the root of most economic and financial crimes are the proceeds, which are often laundered through lodging in financial and non-designated financial institutions or investment in legitimate business ventures. According to Oxford Advanced Learner’s Dictionary (International Student’s Edition), laundering involves moving money that has been obtained illegally...
Dasuki: FG fails to defend N500m suit at ECOWAS court
We’ll speak at the appropriate time –AGF’s aide
From Henry Chukwurah, Abuja
THE Federal Government has failed to put in a defence in the N500 million suit former National Security Adviser, Col. Mohammed Sambo Dasuki (retd), filed at the ECOWAS court in Abuja.
The Federal government did not file a reply to the originating application, more than 30 days after it was served.
Instead, government,...
AIT: Bola Tinubu’s exculpation
By EBERE WABARA ewabara@yahoo.com 08055001948
THE National Leader of the All Progressives Congress (APC), Asiwaju Bola Ahmed Tinubu (fodly called Jagaban), has deservedly been named “The Sun Man of the Year” (2015), which will be conferred on him this Saturday. A critical point that needs underscoring from the outset is the incontrovertibility of his indispensable instrumentality in the emergence...
Pressure on naira: The vultures are hovering
By Ogah Simeon
FAR from being alarmed at the threat that the global economic situation poses to the Nigerian economy, some group of unpatriotic people are impatiently waiting in the wings to cash in on the nation’s economic challenges. These are vultures that have smelled the potential for carrion and would not even wait for the animal to be fully dead before feasting. Like vultures waiting out for...
The protests over hike in electricity tariff
COMMERCIAL activities in many cities across the country were last Monday grounded following a wave of protests by Organised Labour over the hike in tariff by electricity distribution companies (DISCOS). With effect from February 1, electricity tariff was increased by over 45 percent. But leaders of the Nigerian Labour Congress (NLC), Trade Union Congress (TUC) and Civil Society Organisations, stormed...
Oil price: Why OPEC won’t cut production – David-West
AMIDST declining price of crude in the global market, a former minister of Petroleum Resources, Prof.Tam David-West, has declared that despite intense pressure, the oil cartel-Organisation of Petroleum Exporting Countries (OPEC) will not cut down crude production quota.
OPEC is an association of oil-producing countries which was established in Baghdad Iraq,in 1961. It generates about 45 percent of...
I was cut-and-sew tailor before I made it –Olubadan-designate
From Oluseye Ojo, Ibadan
OLUBADAN-designate, Chief Saliu Adetunji, has opened up on how he was a cut-and-sew tailor in Lagos before his journey to stardom started in 1957.
Luck, he said, smiled on him when he met one Samuel Badejo, who introduced him to music promotion, and he founded three foremost music marketing companies: Omo Aje Sound Studio, Adetunji Label and Babalaje Records.
He was said...
Ekitigate: Hand over Aluko for prosecution, Fayose urges FG
From Wole Balogun, Ado Ekiti
EKITI State Governor, Mr .Ayodele Fayose, has said the Federal Government should not shield Mr Tope Aluko from facing trial over his allegation that the June 21, 2014 governorship poll in the state was rigged in his favour and his party, the Peoples Democratic Party (PDP).
The governor, in a statement by his Chief Press Secretary, Mr. Idowu Adelusi yesterday, said it was...
Arms probe: EFCC arrests ex-military intelligence chief, Gen. Wiwa
THE Economic and Financial Crimes Commission (EFCC), at the weekend, continued its clampdown on people who could give information on the vexed $2.1 billion arms deal probe, with the arrest of a former Director of Military Intelligence (DMI), Major General Wiwa, younger brother to the late Ken Saro Wiwa.
This is coming at a time when Citizens’ Initiative for Security Awareness (CISA), warned the...
Arthur Mbanefo chairs The Sun Awards Saturday
FORMER Nigerian Permanent Representative to the United Nations, Sir Arthur Mbanefo, will on Saturday, February 20, 2016, chair The Sun Awards ceremony holding at the Eko Hotels & Suites, Victoria Island, Lagos. The event starts at 3pm.
Confirming his acceptance to be chairman, Mbanefo, a renowned chartered accountant, said he was obliged to be part of the event owing to the quality of personalities,...
Abia North rerun: Abiriba, Umuhu-Ezechi communities endorse Kalu for Senate
From Okey Sampson, Bende
IN what appears to be a mass movement devoid of political inclination, the people of Abiriba, in Ohafia Local Government and their neighbours of Umuhu Ezechi in Bende Local Government have endorsed former governor of the state and Progressive Peoples Alliance (PPA) candidate for the Abia North senator districtrerun election, Dr. Orji Uzor Kalu.
The election holds on March...
Fr. Mbaka’s transfer: Adoration members spit fire
From Chidi Nnadi, Enugu
MEMBERS of Adoration Ministry Enugu Nigeria (AMEN), under the aegis of Concerned Adorers and Igbos in Diaspora (CAID), have warned that people should stop making fuss over the transfer of their spiritual director, Rev. Fr. Camillus Ejike Mbaka.
The members reacted to comments by Nigerians, most of them clerics in our sister publication, Sunday Sun entitled: ‘Fr. Mbaka under...
PDP chair: No vacancy, Gulak declares
Party picks new boss this week
From Taiwo Amodu & Water Ukaegbu, Abuja
AHEAD of the meetings of the Peoples Democratic Party (PDP) statutory organs this week, to install a substantive national chairman, Ahmed Gulak, ex-President Goodluck Jonathan’s adviser, has vowed to resist any move that could jeopardize his claim to the office.
Justice Hussein Buba of the Federal High Court in Abuja, following...
‘Boko Haram fighters trained in Somalia’
BOKO Haram Fighters have been trained in eastern coast of Somalia before returning to Nigeria, Somalia’s president told a security conference in Munich, Germany yesterday, Reuters reported.
Somalia, plagued by political in-fighting, corruption and attacks by al Shabaab insurgents, has recently made limited progress towards creating a functioning political system, President Hassan Sheikh Mohamud...
INEC drags Andy Uba, Stella Oduah, others to S’Court
Seeks interpretation of political status
From Godwin Tsa, Abuja
THE Independent National Electoral Commission (INEC) has approached the Supreme Court to seek clarification on the political status of Senators Andy Uba, Stella Uduah and other lawmakers representing Anambra State for the Peoples Democratic Party (PDP) as it recognised the list of Ejike Oguebego- led state executive committee...
Senate sets March deadline for 2016 budget passage
SENATE Leader, Ali Ndume, disclosed yesterday that the N6.07 trillion 2016 budget will be passed in March.
In an interview with NAN, Ndume gave March as the deadline for the implementation of the 2015 budget, saying it was even the desire of the Senate to pass the 2016 budget before that time.
He refuted reports claiming that the Senate had suspended the budget passage indefinitely, adding February...
ONE TOWN, TWO KINGS
… Tension in Ikere-Ekiti as royal fight escalates
I’m the only monarch in Ikere kingdom – Ogoga•Any attempt to obliterate my throne is a call for war – Olukere
From Wole Balogun, Ado Ekiti
IKERE-EKITI is one of the most prominent towns in Ekiti State. Besides being the second largest town in the state, it is also a historically significant town in Ekitiland, part of which extends to...
Over 1,500 militants to surrender arms to FG
By Aidoghie Paulinus
FOLLOWING the intervention of the Minister of State for Petroleum Resources, Dr Ibe Kachikwu, over 1500 Niger Delta militants have expressed their desire to embrace amnesty and surrender arms to the federal government.
Commanders from Arepo, Ikorodu, Abule, Fatorla, Ibafo, Magboro, Epe, Itokin, Ilepete, Okenekene, Agric, Gbokoda camps, Camp 5 and environs, in a statement made...
Forex: Hard times await medical tourists, students
… As Bankers Committee tightens noose on invisible transactions
By Adewale Sanyaolu
THE foreign exchange crisis rocking Nigeria’s economy entered another phase last week when the Bankers Committee rose from its meeting in Abuja, Thursday, with a resolution to shut supply windows to medical tourists and students studying outside Nigeria.
The committee made up of the Central Bank of Nigeria (CBN) and...
