Nigerian billionaire Aliko Dangote insists that soon he will have ‘enough time and enough resources’ to buy Arsenal football club, whatever the price. Dangote, 58, is Africa’s richest man having amassed a fortune in the region of $18.4 billion (£12.2 billion). He is currently the 67th richest man in the world. He first spoke of his interest in purchasing the ... Read More »
Author Archives: seun
SARAKI REACTS TO WARDROBE ALLOWANCE, SAYS IT’S #506, 600 PER SENATOR
By Kola Popson The Senate President of the Federal Republic of Nigeria, Senator Bukola Saraki has reacted to the alleged nine billion naira (#9, 000000000) allocated as wardrobe allowance for the new Federal lawmakers, noting that it is N506, 600 per senator as against N21million claimed by many. Reacting to this issue via his twitter handle, Senator Bukola wrote, “Chairman ... Read More »
“Resign Now If You Think You Are Too Old To Be President,” PDP Slams Buhari Over Old Age Comment
The PDP Media Watchdog has reacted to the statement credited to President Muhammadu Buhari in which he declared and admitted that age will limit the rate of his performance in office as President of Nigeria. The group while reacting to the statement on Wednesday June 17, 2015 said the APC and President Buhari are gang of hypocrites and liars. “The ... Read More »
Nigerian Man Allegedly Shot Dead By Police In Malaysia
A Nigerian named Enekwenchi Sampson Someadina from Enugu state was allegedly shot dead by police yesterday night around 10:32pm at One Taman shopping complex in Damasara, Malaysia. According to his friend who reached out to LIB, Sampson had gone to the shopping complex and while leaving the mall discovered that immigration were raiding foreigners in a nearby street. Because he ... Read More »
Mimiko Emerges Chairman, PDP Governors’ Forum
Governor Olusegun Mimiko of Ondo State has been elected the chairman the Peoples Democratic Party, PDP, Governors’ forum. Mr. Mimiko was elected at a meeting of the PDP governors in Maitama, Abuja, on Wednesday. The Ondo governor was deputy to the former chairman of the forum, Godswill Akpabio, the immediate past governor of Akwa Ibom State. The coordinator of the ... Read More »
COURT ORDERS FIRST BANK TO DISCLOSE DETAILS OF LOAN FOR STELLA ODUAH’S CAR
A FEDERAL High Court in Lagos yesterday ordered First Bank of Nigeria Plc to disclose details of the loan facility it granted the Nigerian Civil Aviation Authority (NCAA) for the 2013 purchase of two bullet-proof BMW cars for the then Aviation Minister, Stella Oduah. According to a statement, Justice Mohammed Yunusa issued the order while delivering judgment in a suit ... Read More »
Aftermath Of Buhari’s Tour: U.S Pledges $5m Contribution To Troops Against Boko Haram
United States has pledged a $5million contribution to the Nigeria led Multinational Joint Task force fighting Boko Haram insurgency in the northeast and some parts of the West Africa sub-region. The U.S embassy in a statement issued in Abuja on Tuesday said it announced $5million contribution and not $10million as reported by the media. Leader of the U.S government delegation ... Read More »
Oil Revenue Leakage! Buhari To Meet Anti-corruption Watchdog Head
Nigeria’s new leader will meet the head of a leading global watchdog on corruption to see how billions of dollars in oil revenue leakage can be curbed. The head of Oslo-based the Extractive Industries Transparency Initiative (EITI) is expected to meet Nigeria’s president or vice president this week, its local arm said on Monday. Stamping out corruption was one of ... Read More »
Final Clearing! Tinubu Orders Ambode To Sack 46 Fashola Loyalists
Governor Akinwunmi Ambode of Lagos State has sacked 76 Managing Directors, General Managers and all heads of Government Parastatals and Agencies as he dissolves all boards of parastatals in the State. Affected by the sack are the General Manager, Lagos State Traffic Management Agency (LASTMA); former Governor Babatunde Fashola’s sisters, Ms Olayinka Fashola; Managing Director, Lagos Internal Revenue Service, Tunde ... Read More »
Buhari To Fight Graft With 5 Special Laws
President Muhammadu Buhari is expected to employ five proposed laws as his weapons in the fight against corruption, close associates of the President have disclosed. Presidency sources disclosed that a committee of legends in law, led by the vice-president, Prof. Yemi Osinbajo identified the five bills which have been passed on to the President for further scrutiny. The President in ... Read More »