Connect with us

News

Air Force Institutes Investigative Panel After Jet Crashes In Benue

Nigerian Air force

A training jet belonging to the Nigerian Air Force on Friday crashed in Makurdi, Benue State capital

A military source said two personnel of the Nigerian Air Force onboard the aircraft ejected unhurt.

Read Also: Tinubu Departs For Kenya, To Attend AU’s Mid-Year Meeting

The source said, “An FT7-NI aircraft crashed today in Makurdi. The cause of the crash could not be immediately ascertained. It had two airmen onboard. They ejected unhurt from the jet.”

The spokesperson for the service, Air Commodore, Edward Gabkwet, confirmed the incident in a statement issued on Friday.

He said the crashed occurred during training, adding that the pilots were ‘’under observation’’ at the NAF Base hospital.

Gabkwet, however, said the Chief of Air Staff had instituted a board to investigate the cause of the crash.

Advertisement

News

[BREAKING] Naira Abuse: EFCC, Cubana Chief Priest To Settle Out Of Court 

 

 

Lifestyle Nigeria gathered that the Economic and Financial Crimes Commission and celebrity barman, Pascal Okechukwu, popularly known as Cubana Chief Priest, have reached an agreement to resolve the naira abuse charge outside of court.

The out-of-court settlement was disclosed when the proceedings resumed on Thursday.

Cubana Chief Priest appeared before Justice Kehinde Ogundare, facing three counts related to abusing the national currency at a social gathering.

These actions are in violation of the Central Bank Act of 2007.

More details later

Advertisement
Continue Reading

News

Obi Lagos-Calabar Coastal – .

Peter Obi, has reacted to reports that he destroyed existing structures while constructing roads, during his tenure as governor of Anambra State rebuffing counters to his opposition to the priority being given to the construction of the new Lagos-Calabar Coastal highway.

Obi, the 2023 Labour Presidential candidate and former governor of Anambra State, took to his Official X handle on Thursday morning, to address the assertions, saying: “It has come to my attention, and I strongly denounce the distortion of facts surrounding my actions and statements during my tenure as governor of Anambra State, particularly concerning the ongoing demolitions for the construction of the Lagos-Calabar coastal super highway.

“I aim to address these issues directly, devoid of political rhetoric, to ensure clarity for all. Let me be unequivocal: during my governorship, I made it abundantly clear that all structures obstructing existing roads and lacking approval would be removed.

“The circulated Update clearly stated this, and I only initiated removal when construction had already commenced. Any insinuation otherwise is a blatant misrepresentation of the truth.”

Obi continued, “I challenge anyone to verify and show me where the demolished structures on existing roads or ongoing businesses were not encroaching on the road and built without government approval while I served as governor.”

Providing further clarity, with concrete examples, the former governor said, “I decisively demolished the Onitsha North local government headquarters situated on the only existing stadium, relocated, and built a brand new structure for the local government office away from the stadium.

“This action was necessary to restore the stadium to its original purpose as a sporting facility for the people. Subsequently, the stadium was rightfully named after the first owner of the first football club figure in Nigerian club figure in Nigerian sports, Chuba Ikpeazu.”

Also giving another instance to buttress his argument, he added, “Similarly, the Onitsha South Stadium, the sole local playing ground for the community, was converted into a local government office. Recognizing the importance of recreational spaces.

Advertisement
Advertisement
Continue Reading

News

JUST IN: NDIC Raises Deposit Insurance Coverage Level For Banks Nationwide

The Nigeria Deposit Insurance Corporation, NDIC has announced a revision of the Maximum Deposit Insurance Coverage for banks operating within the country.

Lifestyle Nigeria reports that NDIC’s Managing Director, Bello Hassan revealed the new coverage benchmarks at a media briefing held in Abuja.

The MDIC for Deposit Money Banks has been raised from N500,000 to N5m, for Microfinance Banks from N200,000 to N2m, for Primary Mortgage Banks from N500,000 to N2m, and for Mobile Money Operators subscribers’ pass-through from N500,000 to N5m per subscriber.

Hassan emphasised that the update aims to bolster depositor safety, public trust, the inclusivity of financial services, and the overall stability of the financial sector.

This is a developing story.

Advertisement
Continue Reading

Most Popular

X

Copyright © 2022 Lifestyle Nigeria