The Royal Swedish Academy of Sciences on Monday decided to award the 2022 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel to Ben S. Bernanke, Douglas W. Diamond, and Philip H. Dybvig “for research on banks and financial crises.” Bernanke is an American economist who served as the 14th chairman of the Federal Reserve from 2006 to 2014. After leaving the Fed, he was appointed a distinguished fellow at the Brookings Institution. During his tenure as chairman, Bernanke oversaw the Federal Reserve’s response to the late-2000s financial crisis, for which he was named the 2009 Time Person…
Author: TheStories
Some Northern Christian leaders in the All Progressives Congress (APC) along with some Northern Muslim political leaders have threatened to dump the party over its same-faith presidential ticket. The Christian and Muslim leaders are led by a former Speaker of the House of Representatives, Yakubu Dogara; former Secretary to the Government of the Federation, Babachir Lawal and ex-Minister of Water Resources during the administration of President Olusegun Obasanjo, Mukhari Shagari. In a communiqué jointly signed by Dogara and Shagari after a consultative meeting held in Abuja on Saturday, they agreed to focus on issues that will unite them as a…
This was first written on the 18 of April 2022. The Academic Staff Union of Universities (ASUU) was founded in 1978. Its predecessor, the Nigerian Association of University Teachers (NAUT), was formed in 1965 covering academic staff at the University of Ibadan, University of Nigeria, Nsukka, Ahmadu Bello University, Zaria, University of Ife and University of Lagos. According to its founders, ASUU is a trade union whose objectives include regulation of relations between academic staff and employers, encouraging the participation of its members in the affairs of the university system and the nation, and protecting and advancing the socio-economic and…
The former Chairman of the Economic and Financial Crimes Commission (EFCC), Mr Ibrahim Magu has described his exit from the anti-corruption agency as corruption fighting back. Magu made the assertion on Sunday in Abuja at an award ceremony organised in his honour by Northern Female Students Association. “I am a victim of corruption fighting back; but I am happy that recent events are revealing the truth to Nigerians,” he said. Magu who was represented by his son, Mr Mohammad-Saeed Ibrahim-Magu thanked the association for conferring on him the award of “Achiever per Excellence’’ and said that he was happy to…
The Police Commissioner in Borno, Mr Abdu Umar has said that 389 policemen paid the supreme price and 450 others injured in the fight against Boko Haram insurgency from 2011 to date. He said that over 24 police barracks and 30 stations razed or destroyed, while several fighting equipments carted away or destroyed by the terrorists. Umar made this known on Saturday during the inauguration of the newly constructed Police Station and barracks at Beneshiek, headquarters of Kaga Local Government Area of the state. The News Agency of Nigeria (NAN) reports that Inspector-General of Police (IGP), Usman Baba-Alkali inaugurated the…
The youth leader of the All Progressives Congress (APC) in Igboeze South local government area of Enugu state, Lucky Okechukwu has been killed by terrorists, PUNCH has reported. Although the state Police command had not confirmed the incident, it was reliably gathered that the victim was shot dead Saturday night in the Unadu area. A chieftain of the main opposition party in the state, who didn’t want his name mentioned because he was not authorised to speak for the party confirmed the incident. “Yes, it is true. I don’t know his real name but we received information that he was…
Bandits in the early hours of Sunday, invaded two communities in Lapai local government area of Niger state, killed 15 farmers and abducted many others. The bandits, who reportedly invaded Ebbo and Evuti communities on 75 motorcycles with each carrying three passengers, started shooting sporadically resulting in the death of killing of 15 people. The state Commissioner for Security and Home Affairs, Mr. Emmanuel Umar told TheStories that he was not already informed of the attack.
I am very pleased to be here today to present the 2023 Budget Proposals at this Joint Session of the National Assembly. This is the last time I will be laying the budget of the Federal Government of Nigeria before the National Assembly. 2. Mr. President; Mr. Speaker: As I address this Joint Session on the Budget for the last time, let me highlight some of the progress that we have made in last seven and half years, in just two important areas of Critical Infrastructure and Good Governance. 3. We have made transformational investments in Infrastructure, notably: a. Establishing…
The ASUU Strike is now on its 236th day, that is seven months and 24 days. Yet another full academic session has been lost to strike by academics in public universities in Nigeria. The most important victims ae over two million students in public universities who have been denied access to their places of learning. University lecturers are also angry, unpaid and hungry. They are above all clueless as to why the strike tactics they have used for fourty five years is still not working. The mediators – traditional and religious rulers, legislators, university council chairs are talking to both…
The governorship candidate of the All Progressives Congress (APC) in Sokoto state, Ahmad Aliyu Sokoto has tasked the Independent National Electoral Commission (INEC) and security agencies to ensure free, fair and credible polls without interferences. He spoke at his residence when he received members of the Sokoto Amalgamated Traders who visited him on a solidarity visit on Monday Aliyu said that with strict adherence to the Electoral Act, he is optimistic that APC will emerge victorious in the state. He expressed satisfaction on the multitude of people seen that marched for the solidarity visit, explaining that, if given the mandate and…