Experts proffer ways to overcome economic recession


Financial specialists under the aegis of Professional Services Group, an arm of the Nigerian-British Chamber of Commerce (NBCC) have proffered approaches to beat the current monetary retreat in the nation.

This was a piece of exchanges at a business discussion held in Lagos on the topic: "Business Sustainability in Nigeria: Matters Arising." The gathering asked Nigerians to cut expenses and hold just vital techniques that would keep organizations running.

Talking at the occasion, Lagos State Governor, Akinwunmi Ambode, spoke to by the Commissioner for Economic Planning and Budget, Akinyemi Ashade, revealed plans by the state government to actualize approaches to facilitate the expense of working together in the state.

As indicated by Ambode, the test of arrangement irregularity is being tended to achieve the trust of entrepreneurs, focusing on that there is have to audit what we require and expend and what we don't require, yet devour.

In his presentation, the visitor speaker, CEO of Sahara Group, Tonye Cole said the present retreat in the nation ought to be seen as an open door. He, notwithstanding, said the masses ought to be inventive and spend just on vital things.

Cole approached the assembly of business and other exchange relationship in the nation to utilize their stages to construct joint efforts inside and outside the landmass that would make new organizations, saying that Nigeria needs cross outskirt business relations now than some time recently.

President and Chairman of Council, Dapo Adelegan, in his comment, denounced the absence of visionary pioneers who are worried about the eventual fate of the nation.


US congratulates Nigeria at 56, says much still to be done



The United States (US) has complimented Nigeria on its 56th freedom commemoration today, saying there is still much work to be done to give financial chances to all Nigerians.

In the interest of President Barack Obama and the American individuals, the US Secretary of State, Mr. John Kerry, communicated certainty that Nigerians were striving to address current national difficulties.

An announcement by President Muhammadu Buhari's Special Adviser on Media and Publicity, Mr. Femi Adesina, made accessible to State House journalists yesterday, cited Kerry as saying: "in the interest of President Obama and the American individuals, I compliment the residents of Nigeria as you praise your Independence Day.

Nigeria needs critical mass to fight graft, say Obasanjo, Aig-Imoukhuede

Previous President Olusegun Obasanjo (left), establishing dignitary of the Blavatnik School of Government and educator of Global Economic Governance, University of Oxford, Prof. Ngaire Woods and Chairman, Africa Initiative for Governance (AIG), Aigboje Aig-Imoukhuede at the AIG board of counsels roundtable in Lagos… yesterday PHOTO: FEMI ADEBESIN-KUTI

For Nigeria to effectively handle unite, there is the need to put the right individuals with great character in general society division, previous President Chief Olusegun Obasanjo has said.

Obasanjo talked at the board of admonitory roundtable of the Africa Initiative for Governance (AIG) in Lagos yesterday. He said: "In these regions, we have to upgrade the nature of men and ladies, nature of administration, character, demeanor and execution to revive corporate administration."

As per him, "That we have failed to meet expectations as a nation is not on the grounds that God has not given us the capacity to perform better. The issue is not that of God, the flaw is our own.

"When we have government with the minimum amount of the right individuals in the common administration, parastatals, authority of all levels, we are moving. "Nations where progress has been made like Singapore, Rwanda in Africa; the initiative has originated from the administration. On the off chance that the administration is not originating from the administration, let government be an accomplice, let government not disappoint the endeavors, rather it ought to empower activities like this," he said.

AIG's Chairman and Founder, Aigboje Aig-Imoukhuede, included: "We can't battle defilement on the off chance that we don't put into government individuals who have been prepared and are set up to battle debasement. We have to put a minimum amount since one man can't change a country. One man can fortify the change of a country however one man can't change a country. In spite of the fact that we have great individuals in government, we don't have enough, the great individuals in government are not permitted to take off to their most noteworthy purpose of goal.

"We are attempting to make a pipeline of men and ladies who have been set up to go up against the difficulties required to construct an extraordinary country and help the legislature make an empowering situation for the great individuals to come and stay without their abilities being thumped out."

AIG, a non-legislative association will subsidize 25 graduate degree grants in broad daylight arrangement as a major aspect of another five-year organization with the University of Oxford, which depends on the mutual reason for building great administration and open initiative in Nigeria.

The activity, which will have five Nigerians financed each year for graduate degree grants in broad daylight arrangement at the eminent Blavatnik School of Government, University of Oxford, UK from 2017 – 2021 is a mediation went for handling Nigeria's test of poor open part authority.

Federal Government fails to produce Dasuki at resumed trial

Nonattendance of protection advice slows down Nyako's re-arraignment

The Federal Government has neglected to deliver Colonel Sambo Dasuki under the steady gaze of a High Court in the Federal Capital Territory.The previous National Security Adviser (NSA) was to have stood trial over charges of tax evasion and break of trust, nearby five others.


The matter has been deferred till October 21, 2016.Dasuki, prior charged before Justice Peter Affen, had been allowed safeguard, yet was re-captured and has been in the authority of the Department of State Services (DSS) since December 2015.

In the mean time, the Economic and Financial Crimes Commission, yesterday, neglected to re-charge previous legislative leader of Adamawa State, Murtala Nyako, and his child, Senator Abdul-Aziz, before Justice Okon Abang of the Federal High Court.The matter has been suspended till October 17.

The previous NSA is being indicted alongside a previous Director of Finance in the Office of the NSA, Shuaibu Salisu; a previous Finance Minister of State, Bashir Yuguda; a previous Sokoto State Governor, Attahiru Bafarawa; the ex-representative's child, Sagir Attahiru; and a firm, Dalhatu Investment.

At the continued trial on Thursday, direction to the Federal Government, Rotimi Jacob, told the judge he was astounded his customer did not present to Dasuki, the second litigant in the charge, to court.Jacob faulted correspondence crevice between the Economic and Financial Crimes Commission (EFCC) and the DSS.

He spoke to Justice Affen to remain down the case to empower his customer produce Dasuki. He could, in any case, not give a clear period. Equity Affen concurred that it is out of line to remain down the case without a distinct time for Dasuki's appearance in court.

The EFCC had on August 7, 2015 summoned Nyako, his child, Abdul-Aziz, Zulkifikk Abba, Abubakar Aliyu, and five firms on a 37-number charge of IRS evasion, including affirmed preoccupation of over N29 billion having a place with the Adamawa State Government.

The denounced had been summoned before the late Justice Evoh Chukwu.Following his end in June, in any case, the Chief Judge of the Federal High Court, Ibrahim Auta, had re-allocated the case to Abang. At the point when the matter was called and the respondents took their positions in the dock, it was found that the fifth litigant had no legitimate representation in court.

INEC Confirms Eyitayo Jegede As Recognized PDP Candidate In Ondo State

pendent National Electoral Commission (INEC) on Thursday confirmed Eyitayo Jegede as the "authentic candidate" of the crisis ridden Peoples Democratic Party (PDP) in Ondo state ahead of the governorship election slated for November 26th 2016.
The Commission subsequently went ahead and published Mr. Jegede's name as the Candidate of the ruling party despite a factional crisis rocking the State Peoples Democratic Party (PDP).
The electoral body, however, dropped the name of Jimoh Ibrahim who has also been parading himself as the recognized governorship Candidate of the PDP in the same state.
Mr. Ibrahim, a controversial businessman was the factional candidate of the party under the control of the embattled factional PDP Chairman, Alimodu Sheriff.
Mr. Jegede, a former Attorney General and Commissioner for Justice in Ondo State was the factional candidate of the PDP in the state under the factional National Chairman, Ahmed Makarafi.
The duo of Biyi Poroye and Clement Faboyede laying claims to the leadership control of the Peoples Democratic Party in Ondo State.
SaharaReporters correspondent reported that the Commission has also recognized Rotimi Akeredolu as the gubernatorial candidate of the opposition All Progressives Congress in Ondo State.
It was learned that the Commission had already cleared no fewer than twenty-eight political parties and their Candidates that would participate in the November 26th governorship poll in the state.
Names of the political parties and their candidates where made public on Thursday evening.
Below is the list of candidates and their parties released are as follows:
Accord (A): Pastor Oladare Amuda
Action Alliance (AA): Barrister Yinka Oloyede Orokoto
Alliance for Democracy (AD): Dr. Akin Olowookere
African Democratic Congress (ADC): Mrs Modupe Ogunyoku
African People Alliance (APA): Mrs Helen Folasade
Allied Congress Party of Nigeria (ACPN): Chief Adetuwo Ogunjumelo
All Progressives Congress (APC): Barrister Rotimi Akeredolu
All Progressives Grand Alliance (APGA): Prince Samuel Ayo Adegbite
Better Nigeria Progressive Party (BNPP): Hon. Funmilayo Jenyo Ataunoko
Citizens Popular Party (CPP): Prince Peter Fasua
Democratic Peoples Congress (DPC): Reverend Dr. M.D Adeeyo
Democratic Peoples Party (DPP): Mrs Olamide Falana
Hope Democratic Party (HDP): Hon. Olumuyiwa Odedeyi
Independent Democrats (ID): Mr Samuel Oluwatoyin
Labour Party (LP): Hon. Adeoti Taiye Stephen
National Conscience Party (NCP): Davies Oluwasuyi
National Unity Party (NUP): Pastor Moses Ayibiowo
New Nigeria Peoples Party (NNPP): Dr. Oluwadare Bada
KOWA Party (KP): Barrister Daniel Ogungbemi
People for Democratic Change (PDC): Segun Odidiemi
Peoples Democratic Party (PDP): Barrister Eyitayo Jegede
Peoples Party of Nigeria (PPN): Madam Temidola Olagbegi Olunmoliyi
Progressive Peoples Alliance (PPA): Prince Adekunle Egbuwalo
Peoples Redemption Party (PRP): Roland Aregbede
Social Democratic Party (SDP): Dr. Olu Agunloye
United Democratic Party (UDP): Mr Olugbenga Falaiye
Unity Party of Nigeria (UPN): Barrister Bolarinwa Aidi
United Progressive Party (UPP): Mr. Olamilekan Iyanu Olufemi

Young Democratic Party (YDP): Mr. Anthony Adeniranye.