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conomists: No party’ll sustain burden Investors react By Adeola Yusuf Nigerians should be ready for hike in power and petrol prices immediately after the 2019 general elections, economists and investors in the power and petroleum sectors have warned. In a chat with New Telegraph in Lagos, they insisted that the expedient hike in prices of electric power and Premium Motor Spirit (PMS); two utility products in Nigeria, will wait till immediately after the general elections. Speaking with this newspaper last night, CEO of Financial Derivatives, Mr. Bismarck Rewane, a frontline economist, said nothing would happen on both power tariff and petrol price until after the election. “Nothing will happen until the government gets another four-year mandate. If they do now, they will lose and that will not be a wise decision,” he said. Similarly, Managing Director, Cowry Asset Management, Mr. Johnson Chukwu and investors in the 11 distribution companies, said that no party or indivi

Martin Khafafa The Managing Director of Radio is currently being blasted online after an explicit photo of him having bath with 2 ladies leaked on the internet this morning.. The Respected and well reputable Kenyan is been dragged with lots of mixed reactions. See Below!... still loading

THE Peoples Democratic Party (PDP) has disclosed the reason why plots to impeach Benue State Governor, Samuel Ortom, was carried out. The opposition party said they believe the plot by minority lawmakers of the Benue House of Assembly to oust Ortom was plotted to install fear on other politicians who might be planning to join the PDP from the ruling All Progressive Congress (APC), just like the governor did. The party disclosed this in a statement issued after the emergency National Working Committee (NWC) meeting held on Monday in Abuja. Mr Ortom who defected from the APC last week said his action was based on pressure mounted on him by his constituents. The impeachment plot against him was initiated by 8 lawmaker of the State assembly after they gained entrance into the complex with the support of the police. While they were allowed to go ahead with the business of the day, their 22 colleagues belonging to the PDP were denied access to the legislative chamber by the pol

Just after Simi slammed Leaders NG for listing her among the 67 million Nigerian youths that accepted 200million to cover Buhari's re-election campaign, Adekunle Gold in Her Instagram comment box asked her Mum for her bride price.

Beginning from the first quarter of 2019, we’ll begin to see 5G enabled smartphone and MTN has promised to start 5G deployment before 2020. According to MTN, “5G will make our life better, drive incremental capacity and open up new businesses. MTN as a company is constantly making efforts to break barriers by democratising voice and data connectivity in order to improve subscriber experience, and has invested over N800bn in infrastructure in Nigeria.” You’ll recall that Earlier this year, MTN Nigeria conducted her first ever 5G technology test in partnership with ericsson and hit 20Gbps with less than 5ms latency in the 5G trial. MTN has received a temporary license for 800MHz of spectrum in the 15GHz band to conduct its 5G trials. And at TECHFEST , Mtn introduced how 5G network will be like. MTN Nigeria says it will start the commercial deployment of 5G technology before 2020. I wonder how the speed will be like… how many seconds it will take to download a 5GB file.

The Benue State Governor, Samuel Ortom, has reacted to the report of the impeachment notice served him by eight meembers of the State’s House of Assembly on Monday. Crisis in the State House of Assembly took a new turn on Monday as eight lawmakers served an impeachment notice on the governor. The lawmakers, Adanyi Benjamin, Terhemba Chabo, Benjamin Nungwa, Bem Mngutyo, Adams Okloho, James Okefe and Nick Eworo were among members that moved for the governor’s impeachment. The plot was coordinated by Terkimbi Ikyange who was removed as speaker of the Assembly last week. Speaking to DAILY POST on the development through his Chief Press Secretary, Terver Akase, Ortom said he was still the governor of the State, adding that the lawmakers lack the constitutional powers to remove him from office. He said, “Ortom is still the Chief Executive of the State. You can’t just impeach a Governor in a flash. You have to go through all the legal and constitutional processes . “The

Popular Nollywood actress, Iyabo Ojo met with Super Eagles of Nigeria football legend, Nwankwo Kanu. She said she is a big fan of the legendary striker. She shared the photos with caption: " And i finally got to take a pic with one of my biggest fan @kingkanu4 Great man "

Eight lawmakers of the Benue state House of Assembly under the All Progressives Congress, APC, have served impeachment notice to the Governor of the state, Samuel Ortom. The lawmakers who sat in the state’s Assembly complex on Monday, 30th July, 2018 gained access to the state assembly complex while the police barricaded further access to the house, Ortom’s aide has confirmed. According to Ortom’s spokesman, Tahav Agerzua, the lawmakers took over the Assembly complex to sit and pass the impeachment notice while the police blocked further access. Eight lawmakers of the Benue state House of Assembly under the All Progressives Congress, APC, have served impeachment notice to the Governor of the state, Samuel Ortom. The lawmakers who sat in the state’s Assembly complex on Monday, 30th July, 2018 gained access to the state assembly complex while the police barricaded further access to the house, Ortom’s aide has confirmed. According to Ortom’s spokesman, Tahav Ag

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A police sergeant with the Counter Terrorist Unit in Maiduguri, Borno State, has been arrested in Barkin Ladi, Plateau State, for allegedly selling ammunition to cattle rustlers and other criminals, a report by DailyPost has revealed. It was gathered that Sgt. Zakariah John was caught selling a round of 7.62MM Special Ammunition to a suspected rustler. Most of the attacks and killings in Barkin Ladi, Riyom, Mangu and Bassa councils have been linked to proliferation of small arms and light weapons. Media Officer of Operation Safe Haven Maj. Adam Umar, who paraded the suspects yesterday, said: “We have in our custody a serving police sergeant – Sgt. Zakariah John – and a suspected rustler – Sani Muhammed – both of whom are suspected to be gun runners. “We also have in our custody Patrick Choji and Yakubu Davou who were arrested for illegal possession of firearms. We have 10 suspects in all but with various offenses, ranging from rustling, robbery, impersonation and gun runni

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The Narcotics Control Bureau (NCB), Bengaluru on Wednesday, July 25, arrested a Nigerian national with 155.5 grams of cocaine which was being transported from Mumbai to the city. The accused identified as Ozy Chukwudu, 30, was intercepted by the NCB sleuths when he disembarked from a sleeper bus from Mumbai to Bengaluru. With specific information of cocaine smuggling, the NCB team was waiting for his arrival from Mumbai. Chukwudu, who did not have a passport and other documents, was carrying a polythene bag with 11 capsules which contained cocaine. The drug was brought to Mumbai by an unidentified man hiding it in his stomach and was later handed over to Chukwudu to be brought to Bengaluru. According to a press release by the NCB, Bengaluru, the value of the contraband is said to be around Rs 93 lakh in the international market. "Based on examination, he was arrested under the Narcotic Drugs and Psychotropic Substances Act," said Sunil Kumar Sinha, zonal director, NCB,

he Independent National Electoral Commission (INEC) in the Federal Capital Territory has said that over 260,000 permanent voters cards are yet to be collected with 16,931 of the cards in Gwagwalada area council. Alhaji Yahaya Bello, the resident electoral commissioner in charge of FCT, made the fact known in Abuja on Thursday, July 26, during a sensitisation meeting in Gwagwalada. NAN reports that Bello said that the uncollected number of PVCs was worrisome, adding that the commission would not extend the closing date of Aug 17 for voters' registration. NAIJ.com gathers that the commissioner charged the chairman of the council, Adamu Mustapha-Danze, and all political party executives in the area to refocus on sensitisation rather than focusing only on campaigning. He said the electorate ought to know and understand the importance and use of the cards before the 2019 general elections. Bello said: “If you don’t sensitise the people properly on the need to collect their cards, who wi

Some suspected gunmen believed to be hired assassins have reportedly attacked and killed a chieftain of the All Progressives Congress (APC) and chairman of the party in Ideato local government area of Imo state. The Punch reports that the commissioner of police in the state, Dasuki Galandanchi, confirmed the murder of Sunny Ejiagwu in a telephone conversation. He said that the corpse had been evacuated to a nearby mortuary. It was learnt that the politician was killed along the Akokwa road in the Ideato North local government area. Galandanchi said: “The APC chairman in Ideato North has been murdered. I was at the scene of the crime and only came back. His corpse has been evacuated to a mortuary. "There is no preliminary suspicion but the investigator would find out. The blood of the innocent would expose them.” READ ALSO: Obasanjo says he will support anybody who will lead Nigeria to the promise land However, Channels Television reports that Ejiagwu was murdered on Friday, July 2

Editors’ note: The writer, Buchi Obichie, analyses the superb political calculations of Senate President Bukola Saraki; especially his recent evasion of security operatives, only to appear at the red chamber and oversee the decimation of the APC! She describes him as a ‘political Mafioso’ and a force to be reckoned with; noting that with each tribulation he has encountered, the Senate president’s star has continued to rise. I love a good crime story. I’m particularly intrigued by the Italian mafia. They live by a set of rules…a code of conduct…a way of life. Real Mafioso’s are always neatly dressed, don’t talk too much and may appear as fools, but have minds of adept criminals. They also have a humane side, a genuine respect for family and others; and they usually won’t pick a fight until someone is foolish enough to take that route first…then all hell is let loose. The true Mafioso is shrewd, intelligent and cunning. He is always one step ahead. He gleans information by observation, a

The Ogun state chapter of the APC has dissociated itself from the actions taken by Senator Lanre Tejuoso - The senator was listed among those who defected from the ruling party to the PDP - The ruling party said Tejuoso never communicated his intentions to defect to those that voted for him in the constituency The All Progressives Congress Party in Ogun state has disassociated itself from the recent action taken by the Senator representing Ogun Central Senatorial District, Lanre Tejuoso. The Ogun state APC describing Tejuoso as a former member of the ruling party said it has followed the events of the last few days within the polity with keen interest, particularly as it affected the lawmaker's defection to the opposition party. Punch reports that the party in a communique signed by the chairman, Ogun central senatorial district of the APC, Yomi Ademefun, and secretary, Ogun central APC caucus, Saheed Ariori, said Tejuoso is a betrayal. READ ALSO: Offa robbery: S