NIGERIAN NOTCH

The Debt Management Office (DMO) has raised N615.557 billion through Sukuk for the rehabilitation and construction of new roads across the country in four years. The director-general of DMO, Ms. Patience Oniha, made this known in her presentation entitled: ‘Nigeria Public Debt, Some Considerations’, at the Capital Market Correspondents Association of Nigeria (CAMCAN) 2022 conference in Lagos. Sukuk is an Islamic financial certificate that complies with Islamic religious law commonly known as Sharia. Corporations or governments invest capital raised in accordance with Sharia. Oniha said N615.557 billion had been raised through Sukuk from September 2017 to December 2021, with N365.557 billion deployed to the construction of 1,881km of roads and six bridges. She stated that the last Sukuk issued in December 2021 targets 71 road projects. According to Oniha, some of Sukuk-funded projects are the reconstruction of Bida-Lambata road in Niger State, rehabilitation of Lagos-Ota-Abeokuta road i

Sir Emeka Offor Foundation (SEOF) on Friday donated food stuff and toiletries to inmates of the Kuje Correctional Centre, Abuja. The News Agency of Nigeria (NAN) reports that the foundation donated 50 bags of 50kg rice, five bags of 100kg beans, five bags of 10 kg garri and 50 cartons of noodles. The foundation also donated 10 jerry cans of vegetable oil, 20 bundles of tissue papers, 100 tubers of yam, 10 cartons of tomatoes and five bags of salt. Mrs Adaora Offor, the Vice President of the Foundation, said the donations which were coming at the Christmas season, were to carry a message of love and care for the inmates in the spirit of the yuletide. “We are here to share love and remember our brothers and sisters who are incarcerated for various reasons in accordance with the laws of the land. “Today’s event is made possible by the vision and thoughts of my husband who has always maintained that all men and women created by God need a touch of hope and love irrespective of their presen

The Apex Igbo socio-cultural organization, Ohanaeze Ndigbo Youth Council Worldwide, on Sunday, came hard on the Economic and Financial Crimes Commission, EFCC, over its role in the ongoing trial of former Deputy Senate President, Senator Ike Ekweremadu. The group's statement signed by its National President, Mazi Okwu Nnabuike was in reaction to the revelation that the EFCC wrote a letter to the United Kingdom court where the lawmaker is standing trial. Ohanaeze said its earlier position that there is more to the London travail of Ekweremadu than meets the eye had now been justified by the revelation in court on Thursday by the lawmaker’s legal counsel, Chief Adegboyega Awomolo (SAN), that the EFCC authored a letter with which the London Metropolitan Police scuttled the Senator’s bail in the ongoing organ harvest trial and also concealed vital information from the Federal High Court Abuja to obtain an ex-parte interim assets forfeiture order against the lawmaker. The organisation a

A District  Court in Abuja Orders Mr. Ikeagwuonu Ugochinyere the accused person in a case of criminal defamation to appear in person or face arrest  in a  suit with criminal charge no WZ6/CR/30/2022...NZE CHINASA NWANERI VS Mr Ugochinyere Ikeagwuonu aka (Ikenga Imo Ugochinyere)..on the next adjourned date for his trial. The court expressed disappointment with the absence of the suspect,  Ugochinyere Ikenga, as an affront and disrespect and in his ruling the court dismissed the preliminary objection raised by defence counsel to the accused, The court ordered the accused, Mr Ugochinyere to appear before it to answer to the charge of criminal defamation preferred against him pursuant to S. 391 of the Penal Code Law, failure which will necessitate a warrant for his arrest to be issued by the court .

......As he visits Anambra, meets with Prof Soludo  Presidential flag bearer of the People's Democratic Party (PDP), Alhaji Atiku Abubakar, has assured that his administration will be a stepping stone to Igbo presidency in 2031.  He called on Anambra electorate, and the Southeast in general to support the Atiku/Okowa presidential ticket; saying that only his presidency will have a soft spot for the Igbo people, and hand over to Nigerian president of Igbo extraction in 2031. Atiku made the promise while addressing PDP supporters gathered at the Alex Ekwueme Square in Awka, the Anambra State capital, on Thursday, December 15, 202, during the party's presidential campaign rally in the state. Atiku further promised that if elected, he would prioritize the dredging of the River Niger; completion of the Onitsha seaport, among other things. He thanked Governor Charles Soludo for the hospitality extended to him during the visit, and assured that as in-law, his government would make the

To every successful man there is a woman who is coordinated, skillfull, a good manager, a helpmate and dedicated to duty. On this propitious day of Her Excellency, Barr. Mrs. Chioma Uzodimma (Akaraugo), we wish her the grace and strength to continue standing out for the course of humanity and the wisdom to help drive home the Imo state dream of the shared prosperity government as we pray for many more years, long life, sound mind and all the best in life. Once again Happy Birthday Her Excellency Barr. Mrs. Chioma Uzodimma #HopeNewAndElectronicMediaCenter

Honours Gov Uzodimma, Chief Chika Emenike, Chief Imo, OZB,  Amb. Onwudiwe & Others  The Stone Magazine, a Frontline media company that has craved a niche for itself in Nigeria will be honoring distinguished personalities and outstanding institutions in Nigeria on Saturday 17th December, 2022  at the 8th Anniversary of The Stone Magazine His Excellency Distinguished Senator Hope Uzodimma, the Executive Governor of Imo; Barr Mrs Chioma Uzodimma; Chief Chika Emenike -Chairman/Ceo Tummy Tummy; Amb. Uju Jovita Onwudiwe and  Rt. Hon. Ugonna Ozuruigbo were  nominated by well meaning Nigerian for Awards                                                                                                   for their Outstanding Contributions to Communities in their homesteads.  The awards are categorized as follows, In public service;  Mazi Uche Ohia  Hon. Commissioner for Culture & Creative Arts, Imo state  and            The Honourable Commissioner, Women Affairs and  Hon Chief (Mrs)  Nkech

  President Muhammadu Buhari, yesterday in Washington said the country’s youth are its promise for a better future and solving their problems is the priority of the government. Speaking while welcoming the secretary-general of the Abu Dhabi Forum, Sheikh Al-Mahfoudh Bin Bayyah and his deputy, Pastor Bob Roberts of the US who came on a visit to him, President Buhari said the work of the foundation in promoting multi-faith dialogue was as important to the world as it was to Nigeria. According to a statement by presidential spokesman, Garba Shehu, he spoke about the need to raise generations of youths devoid of religious extremism and bigotry, urging the group to continue to target the young people who are the promise of the future. “Your work is very important in helping, especially the youth, to understand one another and at the same time, to be proud of their heritage. This great initiative by you will help future generations to plan well and live together in peace. On our part, we wil

As the 2023 electioneering process reaches its peak, presidential candidate of the All Progressives Congress (APC), Asiwaju Bola Ahmed Tinubu; his Peoples Democratic Party (PDP) and Labour Party (LP) counterparts, Atiku Abubakar and Peter Obi, have unveiled more packages they said would wriggle Nigeria out of the economic, social and security morass it is enmeshed in. The trio reeled out their governance plans yesterday at their parties’ campaign rallies in Kaduna, Jos, and Lokoja respectively. The 2023 general election is billed to commence on February 25 2023, about 73 days from today, beginning with the presidential poll. Speaking at the official flag off of the presidential campaign for the North West region at the Ahmadu Bello Stadium in Kaduna, Tinubu assured the people of the state and the entire Nigerians that he would eliminate kidnappers, killers and all troublemakers when he becomes president of the country in 2023. The presidential hopeful thanked the people for remaining l

The Two Craneburg contractors abducted on Friday the 9th day of December 2022 along Okigwe road have been released through a combined security forces effort. The victims were presented to His Excellency Distinguished Senator Hope Uzodimma this morning at the state government house, Owerri. The state government is leaving no stone unturned in securing the lives and properties of Imo citizens. #HopeNewAndElectronicMediaCenter

... Asks citizens to use their PVC to vote credible leaders  By O'star Eze The traditional ruler of Umueri Community, Igwe Sir Benneth Izuchukwu Emeka, Okebo the second, has implored Igbo youths of the South East to stop the sit at home in the region, as it will not do the South East and it's economy any good. He said that " this sit at home practice, has crippled economic activities and reduced the revenue strength of Anambra State in no small way." He said this during an interactive session with members of the Nigeria Union of Journalists, National Link Chapel after their annual symposium and award night in celebration of the Chapel's 15 years in existence and 27 years of National Link newspaper's existence. Igwe Sir Benneth Izuchukwu Emeka, ( Okebo) noted that the sit at home practice which has more than 80 per cent of the gargantuan businesses and economic firms close every Monday gets the region losing multiple  billions of naira every Monday.  In Igwe Em