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Mohammed said the current economic state of the country was one of the reasons for the hike in fuel price.   Lai Mohammed- Minister of Information and Culture (Punch) The minister of information and culture, Lai Mohammed revealed to journalists on Wednesday, May 18, 2016, that Nigeria is broke. He said this after a Federal Executive Council (FEC) meeting which was presided over by President Buhari at the villa. Mohammed said the current economic state of the country was one of the reasons for the hike in fuel price.

The senior bankers bring considerable experience to the Board and, as a sign of the depth of internal talent and the Group’s commitment to fostering promotion of its own human capital, all have been promoted from within the Bank The United Bank for Africa has announced five new appointments as Executive Directors. The appointments will be subject to the approval of the Central Bank of Nigeria. Those appointed are Ayo Liadi, Oliver Alawuba, Ibrahim Puri, Uche Ike and Chuks Nweke. The senior bankers bring considerable experience to the Board and, as a sign of the depth of internal talent and the Group’s commitment to fostering promotion of its own human capital, all have been promoted from within the Bank.

Head coach of Nigeria’s U-20 team, Emmanuel Amuneke, has said that all the players under him, are doing all they can to break the jinx, where every successful U-17 team are not able to replicate success, when they graduate to the U-20s. Amuneke was speaking in Abuja, shortly before leading the squad to Burundi, for the 2017 African Youth Championship (AYC) and insisted that they had the right calibre of players. Speaking ahead of the crucial encounter in Bujumbura, the former international stated that the plan was to win away and consolidate when they host Burundi’s U-20 team.

President Buhari : his policies unwittingly hurting the poor people In a series of damaging policies aimed at increasing Nigeria’s revenues and cutting cost, Buhari and the APC have placed the entire financial burden of uplifting Nigeria on the backs of the nation’s poor. The Buhari “progressive” administration has moved to increase electric tariffs, raise stamp taxes on account deposits of 1000 naira, proposed a cell communication tax, and deregulated fuel resulting in a price hike.

  Bribery probe extends to Nigeria Britain’s Serious Fraud Office (SFO) has widened its investigation into Rolls-Royce to examine allegations of suspected bribery in Nigeria, the Financial Times reported on Thursday. Rolls-Royce, the world’s second-largest maker of aircraft engines, said in 2013 the SFO had launched a formal investigation into concerns about possible bribery and corruption in China and Indonesia. The FT said on Thursday this had now spread to examine Rolls-Royce’s former energy operations in Nigeria.

   Lawyer, educationist, and philanthropist, Barrister Ken Imansuagbon yesterday became the first to pick the Edo State governorship nomination form of the APC vowing that he would also be the first in the race to Government House, Benin. Accompanied by a huge entourage of supporters Imansuagbon, famed as the Rice Man and lately as the i-pad Man for his seasonal distribution of rice and recently i-pad to the less privileged said he would restore the lost glory of the state if elected into office.

An EgyptAir flight from Paris to Cairo with 66 passengers and crew on board crashed in the Mediterranean Sea early Thursday morning off the Greek island of Crete, Egyptian and Greek officials said. Egyptian Prime Minister Sherif Ismail said it was too early to say whether a technical problem or a terror attack caused the plane to crash. "We cannot rule anything out," he told reporters at Cairo airport. EgyptAir Flight 804 was lost from radar at around 2:45 a.m. local time when it was flying at 37,000 feet, according to the airline. It said the Airbus A320 vanished 10 miles (16 kilometers) after it entered Egyptian airspace, around 280 kilometers (175 miles) off Egypt's coastline north of the Mediterranean port city of Alexandria. Egyptian aviation officials said the plane crashed and that a search for debris was now underway. +24 A relative of the victims of the EgyptAir flight 804 that crashed, reacts as she makes a phone call at Charles...

Government businesses were grounded in various ministries and parastatals in Edo State as workers and officials of the state chapter of the Nigeria Labour Congress (NLC) led members of the civil society groups as well as non-governmental organisations (NGOs) to chase workers out of their offices to join in the nationwide protest against the N145 hike in the pump price of petrol. The exercise which began at about 9am from the popular Kings Square on Ring Road was led by the state chairman of the NLC, Comrade Emmanuel Ademokun and leaders of other affiliate bodies as they moved from one office to another to monitor the compliance and progress of the strike action.

The Governor of Oyo state, , has issued a stern warning to in the state, to desist from violence. Ajimobi said this at a town hall meeting with farmers and the herdsmen on Wednesday, May 20, 2016. He said “There is the need to form committees that would discuss regularly, issues concerning the relationship between host communities and herdsmen. If there is a regular interaction between them, we will succeed in solving many of the problems that have been identified. I want each of the committees to meet once in a month.