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LASG Slams Ize-Iyamu, Says Ambode Didn’t Come To Edo State

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The Lagos State Government on Wednesday dismissed allegations made by the candidate of the Peoples Democratic Party (PDP) in Edo State, Pastor Osagie Ize-Iyamu alleging that Governor Akinwunmi Ambode and his Kaduna State counterpart, Mallam Nasir El Rufai were in Edo State for the election.

In a statement signed by the State’s Commissioner for Information and Strategy, Mr Steve Ayorinde, the government described the allegations by the PDP candidate as reckless and disgraceful.

Ayorinde while clarifying the position of the government said Governor Ambode was presently overseas for an official assignment and in any case had no business being in Edo State on Election Day.

“The Lagos State Governor served as the chairman Campaign Council constituted by the All Progressives Congress  and his duty ended 24 hours before the election because no campaign was supposed to hold 24 hours to the election and having completed his assignment which included appearing with President Muhammadu Buhari at the Grand Rally in Edo State earlier in the month, Governor Ambode has no reason to return to Edo State on election day and for this sort of lie to have been peddled by a candidate who is supposed to be a pastor, is reckless and disgraceful.

Ayorinde said Governor Ambode had clearly enumerated his position on the election during the Grand Finale of the campaign when he said that like Lagos where continuity has moved perfectly well, Edo State also deserves continuity in governance.

“That message has been passed and has been accepted by majority of Edo indigenes and therefore there would not be any need for the Governor to return to Edo on Election Day. The general public and security operatives are hereby advised to ignore the desperate lies of Pastor Ize-Iyamu,” Ayorinde said.

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2020 Finance Bill Exempts Minimum Wage Earners From Tax: Buhari

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President Muhammadu Buhari has revealed that the recently proposed 2020 Finance Bill will exempt workers earning the minimum wage from paying tax.

Buhari disclosed this on Monday in a speech delivered virtually by Vice President, Yemi Osinbajo at the opening session of the 26th Nigerian Economic Summit Group Conference themed: “Building Partnerships for Resilience.”

Also Read: Recession: Nigeria’s Economy On Way To Recovery, Says Osinbajo’s Aide

“We are proposing in the new Finance Act that those who earn minimum wage should be exempted from paying income tax,” he was quoted as saying in a statement issued by the Senior Special Assistant to the President on Media and Publicity, Laolu Akande.

“These provisions which complement the tax breaks given to small businesses last year will not only further stimulate the economy but are also a fulfilment of promises made to take steps to help reduce the cost of transportation and the impact of inflation on ordinary Nigerians.”

 

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Nigeria Will Exit Recession By First Quarter Of 2021 – Finance Minister

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Nigeria Will Exit Recession By First Quarter Of 2021 – Finance Minister

Zainab Ahmed

Minister of Finance, Budget and National Planning, Zainab Ahmed has revealed that Nigeria would emerge from recession in the fourth quarter of this year or by the first quarter of 2021.

Recall that on Saturday, Nigeria officially went into recession for the second time under President Muhammadu Buhari‘s administration.

Speaking on Monday at the ongoing 26th Nigerian Economic Summit organized by the Nigerian Economic Summit Group and the Federal Ministry of Finance, Budget, and National Planning, Zainab said the current recession would be short-lived.

Also Read: Recession: Nigeria’s Economy On Way To Recovery, Says Osinbajo’s Aide

She blamed COVID-19 for the current recession, saying it followed the pattern across the world where many countries had entered an economic recession.

“Nigeria is not alone in this, but I will say that Nigeria has outperformed all of these economies in terms of the record of a negative growth,” Ahmed said.

 

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Court Remands Nigerian Senator, Ali Ndume, In Prison

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Court Remands Nigerian Senator, Ali Ndume, In Prison

Ali Ndume

Senator Ali Ndume, the lawmaker representing Borno South Senatorial district has been ordered on Monday by a federal high court to be sent to prison.

The order follows his inability to produce Abdulrasheed Maina, the former Chairman of the defunct Pension Task Team, whom he stood as surety for in his corruption and money laundering trial.

The high court, sitting in Abuja was presided over by Justice Okon Abang and ordered Senator Ndume to be remanded in Kuje correctional centre.

Also Read: Alleged Money Laundering: Court Orders Arrest Of Abdulrasheed Maina

Justice Abang, however, gave three conditions upon which Ndume can regain his freedom namely payment of N500m bail bond into the Federation Account of the Federal Government and present evidence of such payment in court or the FG sells the property situated in Asokoro, Abuja which Ndume pledge as security for the bond and present evidence of sale and payment of the N500m realised into the Federation Account or he (Ndume) produces Maina, who is believed to have now jumped bail, in court.

Shortly after the pronouncement by the Judge, Senator Ndume was led away from the courtroom by security operatives.

 

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