Author: Platform Times Newspaper

In a startling revelation, over 400 lawyers from across Nigeria convened on Friday to raise alarm over persistent threats to the life of Barr. Yetunde Olubunmi Shaibu, Convener of the United Front for Democracy (UFD). The lawyers, under the banner of the Committee for the Defence of Democracy, expressed concern about the alleged threats emanating from interests associated with the Social Democratic Party (SDP) and its Governorship candidate. The alarm was triggered by UFD’s whistleblowing on an alleged attempt by the SDP to file a petition against the outcome of the November 11 election through the backdoor, an act that…

In a shocking incident captured on video, the police have confirmed the apprehension of two Special Constabularies who were seen demanding money from a Dutch woman rider in the Ojongbodu area along Iseyin/Ogbomosho Road in Oyo.  The arrest was detailed in a statement by the Force Public Relations Officer, Muyiwa Adejobi, who described their actions as “unprofessional, unacceptable, and punishable.” The Commissioner of Police, Oyo State Command, CP Adebola Ayinde Hamzat, swiftly instituted a disciplinary procedure on the matter.  Adejobi emphasized the police authority’s condemnation of the act and ordered sanctions against the arrested constabularies and their supervising Divisional Police…

Daud Olatunji In a recent interview on Channels Television’s Politics Today, former Secretary to the Government of the Federation and ex-Minister of Finance, Olu Falae, has passionately appealed to the federal government to take immediate action in repairing Nigeria’s refineries.  His recommendation includes subsequently selling these facilities to capable entities for more efficient operations. “The government should repair and sell refineries to those who can run it. Crude oil is our national endowment and should be sold at the cost of production plus a little margin,” Falae asserted during the interview. Emphasizing the significance of resolving the nation’s fuel-related challenges,…

In a brazen attack that sent shockwaves through the academic community, gunmen have  abducted 10 students from the Federal University Lafia, Nasarawa State in the early hours of Thursday.  The assailants targeted the students’ off-campus settlement in Gandu, located opposite the institution’s permanent site, around 2 am. According to eyewitnesses, the armed men fired sporadically during the raid, creating panic among the students who were in the midst of writing their examinations.  Some students managed to escape by fleeing into nearby bushes, while the gunmen rounded up those who were unable to evade capture. A source from the affected area…

In a groundbreaking study published yesterday in The Lancet Global Health, researchers revealed that a staggering 40 million women face the prospect of enduring long-term health problems resulting from childbirth each year.  The comprehensive survey shed light on the prevalence of postnatal conditions persisting for months or even years after the delivery, urging a reevaluation of healthcare practices. The identified postpartum issues include dyspareunia, impacting 35% of postpartum women; low back pain affecting 32%; anal incontinence at 19%; urinary incontinence ranging from 8% to 31%; anxiety from 9% to 24%; depression between 11% and 17%; perineal pain at 11%; tokophobia…

In a significant development, the Nigeria Deposit Insurance Corporation (NDIC) has announced the commencement of payments totaling N16.18 billion to depositors affected by the closure of 20 liquidated financial institutions.  The disclosure was made by the Managing Director of NDIC, Bello Hassan, during the NDIC Special Day at the 44th Kano International Trade Fair. The affected depositors have been urged to promptly submit relevant documents for verification to facilitate the seamless disbursement of funds.  Hassan outlined that the payout includes depositors from various banks, namely Liberty Bank, City Express Bank, Assurance Batik, Century Bank, Allied Bank, Financial Merchant Bank, Icon…

Daud Olatunji The Director-General of the Lagos Chamber of Commerce and Industry (LCCI), Dr. Chinyere Almona,has  voiced deep concern over the escalating departure of companies from the Nigerian market.  Almona said this at  a press conference held on Thursday, emphasizing that this trend is exacerbating unemployment and could potentially deter new investments. She lamented that over recent months, multinational corporations such as Unilever Nigeria, GlaxoSmithKline, Guinness Nigeria Plc, and now Procter & Gamble (P&G) have announced their exit from the Nigerian market.  Almona underscored the detrimental impact of such exits on the economy, especially at a time when efforts are…

Daud Olatunji In a momentous development for Nigeria’s oil industry, the eagerly anticipated $20 billion Dangote Refinery marked a significant milestone as it received its inaugural shipment of crude oil.  The arrival of the crude, transported by the OTIS tanker carrying a substantial 950,000-barrel cargo of Nigeria’s Agbami crude, has ignited excitement within the nation. The tanker, chartered by the state-owned Nigerian National Petroleum Company (NNPC), departed on December 6, en route to Lekki, the closest land port to Dangote’s offshore crude receiving terminal.  The estimated arrival time on Thursday, December 7, at 8 pm, marked the initiation of crude…

Former Central Bank of Nigeria (CBN) governor, Sanusi Lamido Sanusi has urged the Nigerian National Petroleum Corporation (NNPC) to provide a detailed account of the dollar inflows from its operations.  Sanusi, known for his previous confrontation with the NNPC during his tenure, reiterated the importance of transparency in addressing fiscal challenges. Sanusi who spoke  at the 2023 Bank Directors’ Summit,also issued a warning against compromising the independence of the Central Bank, highlighting the potential dangers of subjecting it to political manipulations.  He expressed concern that such a move could have adverse effects on the economy, emphasizing the importance of preserving…

A state high Court sitting in Ikeja, Lagos state capital on Thursday sentenced a Ward leader of the ruling All Progressives Congress APC in the Surulere Local Government Area of the state, Wahab Hammed, to one-year imprisonment for engaging in vote buying during the 2023 general elections. PLATFORM TIMES gathered that Hammed had on Wednesday pleaded guilty to a two-count charge of conspiracy and bribery brought against him by the Economic and Financial Crimes Commission (EFCC). His guilty plea prompted the trial judge, Justice Ismail Ijelu, to fix Thursday for the review of the facts of the case by the…