Day: 13 August 2024

12 burnt to death in Lagos/Ibadan expressway road crash

Jide Ige

At least 12 passengers were reportedly burnt to death in a road crash along Lagos-Ibadan expressway on Tuesday. Daily Trust gathered that lone crash involving a white Mazda bus marked DDA733XA, occurred at 3:14pm around Ogere axis of the highway. Spokesperson of the Federal Road Safety Corps, Florence Okpe, confirmed the incident in a statement made available to newsmen in Abeokuta. Okpe explained that the bus driver had overtaken another vehicle, leading to loss of control as the bus crashed into the road divider. Okpe noted that the crash involved…

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Nigeria’s telecom industry may collapse, ALTON, MTN bosses, ring alarm bells

Jide Ige

Karl Toriola, the Chief Executive Officer of MTN has warned that the Nigerian Telecoms industry may collapse if urgent steps are not taken and that the situation is so bad that it could be likened to an intensive care unit. Toriola’s views were corroborated by Gbenga Adebayo, Chairman of the Association of Licensed Telecom Operators of Nigeria (ALTON)/ Toriola spoke on Tuesday in Lagos at a virtual telecom investment forum organised by Financial Derivatives Company (FDC). He pointed out the severe sustainability challenges currently faced by telecom operators across the…

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Lagos drug czar, Temo gets additional 14-day remand

Jide Ige

The Federal High Court in Lagos has further remanded the alleged drug lord, Sulaimon Jimoh, also known as “Olowo Idi Ogede” or “Temo,” for an additional 14 days in the custody of the National Drug Law Enforcement Agency. Justice Akintayo Aluko extended Temo’s remand while granting an ex parte motion filed by the NDLEA. The order was made on Friday after the NDLEA prosecution counsel, Lambert Nor, argued the ex parte motion for an extension to remand the defendant. Aluko extended the remand order after hearing the arguments and reviewing…

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Why we reduced stake in Dangote refinery -NNPCL

Jide Ige

The spokesperson of the Nigerian National Petroleum Company Limited, Olufemi Soneye, has disclosed that the state-owned energy firm reduced its stake in Dangote refinery to invest in Compressed Natural Gas. Soneye revealed that the NNPC capped its stake at 7.2 per cent instead of 20 per cent to build CNG stations across the nation. He stated this while featuring on Berekete Family Radio, a video of which was sighted by our correspondent on Monday. Soneye was called to speak on allegations that the NNPC was collaborating with the Nigerian Midstream…

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Akinmade, Dapo Abiodun’stop media aide loses father

Jide Ige

High Chief Moses Ade Akinmade, the Obamoluwa of Idanre Kingdom, has passed on. The nonagenarian and father of Hon Kayode Akinmade, the Special Adviser on Media and Strategy to the Ogun State governor died Monday evening. Announcing the passing of the late Obamoluwa, in a statement issued on behalf of the Akinmade family of Idanre, Ondo State, on Tuesday, Hon. Akinmade, who served as Special Adviser on Media to the then Speaker of the House of Representatives, Rt. Hon. Dimeji Bankole, stated that even though the family has been hard…

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