Tomeeesin Blog

As investigation into the domestic violence that led to the alleged killing of Mrs Ronke Shonde by her husband, Lekan, last week in Egbeda area of Lagos continues, Vanguard gathered that an autopsy was conducted on the corpse yesterday to ascertain the exact cause of her death. This followed denial by her husband, Lekan, of being culpable of her death, as widely reported. Rather, he claimed that his late wife was hypertensive.  News, however, filtered in yesterday evening that the autopsy report was out , with the result unknown. But this was described as false by the Lagos State Commissioner of Police, Mr Fatai Owoseni , who simply stated that he was not aware of any report, adding that such information was capable of jeopardizing police investigation. As part of the ongoing investigation, detectives also visited scene of the crime at 5, Tiemo Crescent, off Awori Street, Ile-Epo Alhaji, accompanied by Lekan, who wore a forlorn ...

Newcastle United's managing director issued an apology to fans after Wednesday's relegation from the Premier League, saying the club were "devastated" and "truly sorry". Bitter north-east neighbours Sunderland's 3-0 win at home to Everton on Wednesday was enough to put Newcastle in the Championship as they were consigned to the dreaded drop the alongside Norwich City and Aston Villa. "Tonight we are devastated at our relegation from the Premier League, as I know every single person connected to this football club will be," said managing director Lee Charnley in a statement on the club's website. "I want to thank all of the fans for the support you have shown for the club you love throughout the season, in spite of this massive disappointment and underachievement. "Your support throughout has been magnificent, but I want to pay particular thanks for the incredible backing you have given to Rafa (Benitez) and the team during t...

The Economic and Financial Crimes Commission,EFCC, has arrested a former Minister of State for Finance, Bashir Yuguda, for his alleged involvement in the sharing of the N450m allocated to Zamfara State out of the $115m deposited in Fidelity Bank Plc. by former Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, during the 2015 general elections. Yuguda is one of the former ministers in the administration of former President Goodluck Jonathan who are being investigated by the anti-graft agency. Yuguda, in his statement, on Wednesday, May 11, 2016, admitted to have collected N450 million in his capacity as a chieftain of the PDP, in his state. The former minister, who hails from Zamfara State, also stated that he supervised the sharing of the money in his home. According to him, a former Secretary to the Zamfara State Government and member of PDP Presidential Campaign Committee 2015, Aminu Ahmed Nahuche, collected the sum of N450m ...

At an anti-corruption summit in London yesterday, President Muhammadu Buhari revealed that he was not interested in an apology from the Prime Minister who made a comment  that Nigeria was “fantastically corrupt” to the Queen yesterday. APC UK supports President Buhari’s call for the British PM to facilitate the return of stolen money and assets stashed in the UK. We understand that the UK is becoming an environment where looters come to hide / invest their stolen wealth. We join President Buhari in demanding for the "establishment of an anti-corruption infrastructure that will trace and return stolen assets to their countries of origin." The UK must introduce retrospective legislation that would address impunity and help to repatriate funds that were stored up here by corrupt officials and businesses. Over $ 400 billion have been stolen from oil resource; we call for all this monies hidden in offshore accounts to be returned back to Nigeria. The ...

Minister of Budget and National Planning, Udoma Udo Udoma, says that infrastructure remains a critical element in the growth of any economy. The Minister said this yesterday, during his meeting with a delegation of the management of The Infrastructure Bank (TIB), led by its Chief Executive Officer, Mr. Adekunle Oyinloye, in Abuja. The Minister, said the decision by the present administration to allocate more resources for infrastructure in the 2016 budget is reasonable, since the infrastructure is the bedrock upon whih the economy can grow and also create an enabling environment for private sector to grow. “Infrastructure is very necessary to grow the economy of a nation. There is need to fix infrastructure in order to create an environment for private sector to grow,” he added. He explained further that more than 60% of the investment needed for the infrastructure development in the country is to be realized from the private sector, adding that government will prepar...

In keeping to its mandate of dealing with overpricing and unhealthy competition in the telecoms market, the Nigerian Communications Commission, has unveiled a new draft policy regulation on determination of cost based pricing of fixed transmission services for operators in Nigeria. The new draft was a result of a consultancy study by a multinational consultancy service company, KPMG. The objective of the study according to NCC was to develop a comprehensive cost using data collated from operators in the transmission cable market and to draw inferences on the cost of providing transmission services in Nigeria. Also, the study was aimed at ascertaining the degree of transparency and competitiveness of pricing in the transmission market by the telecom operators. The study is expected to set the pace for effective competition in the wholesale leased lines and transmission capacity market in the telecommunications industry. Addressing st...

Manufacturing companies in the country and their counterparts from across the world will be converging in Lagos from 15-17 this month. They are expected to benefit from shared expertise and best practice from sectors including; business management, finance, pharmaceutical, packaging, automotive, agro and food and beverage processing. In a statement, the organisers disclosed that GEA West Africa, Clearpack Singapore, Kautex Maschinenbau GmbH, Festo Automation, Miele Packaging, Gil Automation, the Bühler Group and Thomson & Grace are among the big names that will showcase their manufacturing equipment at the event. Moreso, the third annual Manufacturing Partnerships for African Development, mPAD will take place alongside the expo. It is an invitation only set of round table discussions chaired by the President of the Manufacturers Association of Nigeria (MAN) and the DG of the Federal Ministry of Industry, Trade & Investment of Nigeria. Also, it is ...