Author: Vera

The Economic and Financial Crimes Commission (EFCC) says it has discovered a fresh sum of $72.87 million allegedly linked to a former Minister of Petroleum Resources, Diezani Alison-Madueke. Point News247 reports that the EFCC says the amount was discovered in a Fidelity Bank account and a former Managing Director of the bank, Nnamdi Okonkwo, has been arrested over the development. This was contained in a statement issued by the commision. The statement reads, “As part of the ongoing investigations into the former Minister of Petroleum Resources, Diezani Alison-Madueke, the Economic and Financial Crimes Commission, EFCC, has arrested a former Managing…

The Chairman, Independent Petroleum Marketers of Nigeria, Enugu Depot, Chinedu Anyaso, has blamed the slight increase in the pump price of Premium Motor Spirit on the hike in private depot prices. Point News247 reports that Anyaso said his members were operating from a disadvantaged position as private depot owners, who sold N165 at their retail outlets increased prices for his members where they sourced products from Warri and Calabar. Anyaso was reacting to the increase of pump price from N165 to N168 and N175 per litre in most independent marketers’ outlets in the area which comprises Anambra, Ebonyi and Enugu…

The Ebonyi Command of the National Drug Law Enforcement Agency says it seized about 196 pinches of methamphetamine, popularly called “mkpurummiri” from suspected drug dealers from January to date. Point News247 reports that the state NDLEA Commander, Isa Adoro, disclosed this when he spoke with the News Agency of Nigeria in Abakaliki on Thursday. Adoro said that the seizures were made by the operatives of the agency in various locations in the state, including rural communities. The commander restated the commitment of the agency to fighting drug trafficking and abuse not only in Ebonyi but in the entire country. “The…

Manchester United’s weekend fixture against Brighton this weekend has been postponed, the Premier League announced on Thursday. Point News247 reports that the English league made the announcement in a statement;“Regarding Manchester United’s game on Saturday, the club continues to have an ongoing Covid-19 outbreak within their squad, which has left them unable to field a team for the match at Old Trafford”. “A significant number of Covid-19 cases led to their game against Brentford FC being called off earlier this week, and today additional positive tests have been confirmed.”

A political organisation under the aegis of North-East Youth Initiative for Development (NEYID) has asked the Federal Government of to go after the sponsors of the several killings in the nation and stop pointing accusing fingers at the youths. While advising the government to engage the youths in nation-building and governance, NEYID said recent developments have confirmed that the country has “turned to something else.” Point News247 reports that the Executive Director of NEYID, Dauda Gombe, stated these in an interview with journalists in Abuja during an inaugural national youth dialogue and workshop to facilitate the sharing of knowledge and…

Governor Ifeanyi Okowa of Delta State, Interim Administrator of the Presidential Amnesty Programme, Col. Milland Dikio (rtd) and the Executive Director Business Development, Nexim Bank, Stella Okotete, have proffered solutions to the economic challenges facing Niger Delta region. Point News247 reports that the trio stated this on Thursday at a one day economic summit organised by the PAP for its delegates with the theme ‘Restoring Wealth Creation In Niger Delta Region’. Others at the summit inlcude a security expert, AVM Terry Okorodudu (rtd); ex-freedom fighter, High Chief Bibopere Ajube aka Shoot-at-Sight and business development coach, Francis Okumagba. Okotete said while…

The Bank of Industry has stated that it has disbursed over N53 billion to Micro Small and Medium Enterprises in different sectors across the country noting that this has facilitated the creation of an estimated one million direct and indirect jobs. The Executive Director, Micro Enterprises, BOI, Toyin Adeniji, stated this in a goodwill message at a sensitization and advocacy stakeholders’ engagement on the Nigeria COVID-19 Action Recovery and Economic Stimulus (N-CARES Result Area 3) held on Thursday at the Command Guest House, Bauchi. Point News247 reports that Adeniji who was represented by the Project Officer, BOI, Bauchi State Office,…

Senate Committee on Appropriation witnessed a mild drama when the Chairman, Senate Committee on Aviation, Senator Smart Adeyemi, warned the Federal Government against conducting the 2022 national census. Point News247 reports that the Chairman of the National Population Commission, Nasir Isa Kwarra, had proposed the sum of N400bn to conduct the exercise which he said would start in May next year. He said, “Every Nigerian is worried about insecurity but it should not stop us from conducting census because we need to produce accurate data for policymakers to make policies that would enable the country to address many challenges including…

President Muhammadu Buhari has felicitated with Grace Alele-Williams, Professor of Mathematics and First Nigerian female Vice-Chancellor at University of Benin, on her 89th birthday, December 16, 2021, rejoicing with the educationist for removing glass ceilings and paving way for women empowerment. Point News247 reports that Buhari congratulated the educationist on her achievements over many years, inspired by the vision and hard work, becoming the first female to earn a PhD in Nigeria, 1963, and using her resources to create opportunities for other women, particularly in getting an education. The President noted the historic role Prof. Alele-Williams played in sanitizing the…

The Federal Executive Council (FEC) has felicitated with President Muhammadu Buhari, on his 79th birthday. Point News247 reports that the goodwill message was contained in a statement signed by the Secretary to the Government of the Federation, Boss Mustapha. The statement read, “FEC wishes the President many more years of good health in order to be able to provide exemplary and quality leadership for the country while building a sustainable future for the teeming youth.” “It prays to God to grant him wisdom in handling affairs of the nation particularly at this time and enjoins Nigerians to give their unalloyed…