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Major breaking news in Nigeria this night, Wednesday 24th Of June 2020

Tochi77 06/24/2020

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1. Giadom: Retire from politics, Fani-Kayode tells Tinubu.

According to report this night, A former Minister of Aviation, Chief Femi Fani-Kayode, says All Progressives Congress stalwart, Bola Tinubu, has been retired from politics and thrown under the bus by the President, Major General Muhammadu Buhari (retd.).

Fani-Kayode said this while reacting to the decision of the President to recognise Victor Giadom as the acting Chairman of the APC.

The former minister said the decision of the Court of Appeal to uphold the suspension of the National Chairman of the APC, Adams Oshiomhole, showed that it was all over for Tinubu.

He wrote on his Facebook wall, “First, Oshiomhole was kicked out by the Court of Appeal. Then his preferred replacement, Abiola Ajimobi, falls into a coma. Then his archrival, Giadom is recognised by Buhari as acting national chairman.

“Conclusion: It is over for Tinubu. He has been thrown under the bus and retired from politics.”

Tinubu, who is one of Oshiomhole’s biggest supporters, is believed to be nursing a Presidential ambition ahead of 2023.

2.Ondo CP withdraws deputy gov’s police escort – Aide.

The Ondo State Deputy Governor, Mr Agboola Ajayi , has raised the alarm that his police escort has been withdrawn on the order of the state Police Commissioner, Mr Bolaji Salami.

The deputy governor, has been in the centre of the crisis in recent times, after his defection from the All Progressives Congress to the Peoples Democratic Party.

The CP had on Saturday blocked the deputy governor on his way out of the government house with his official vehicle.

In a statement issued on Wednesday by his Chief Press Secretary , Mr Tope Okeowo , the deputy governor said the withdrawal of the escort had been putting his life , that of his family and staff in danger.

3. Governor Ishaku pleads with the Federal Government to establish a Covid-19 testing center in Taraba State.

According to report this night it was reported that, The Taraba State Governor, Darius Ishaku, has appealed to the Federal Government to establish at least one testing centre for Covid-19 in the state to sufficiently identify victims of the virus.

Though the state at the moment has no active case recorded since May 18, 2020, the governor insists that it is not comfortable to assume so.

He made this known when a delegation from the Code of Conduct Bureau COVID-19 Monitoring team, paid him a courtesy visit at the government house in Jalingo to intimate him on their mission of assessing how donated palliatives by VSF, NEDC, NEMA among several others are distributed to the vulnerable residents of the state.

The governor added that it would be preferable for the state to have a testing centre in order to have accurate data.

He said, "The fact is, if I have a testing centre here, it will be faster and easier to test and get the result, and those affected will be treated or managed.

I will also be in a position to assess the number of people that are coronavirus positive or otherwise, as well as estimate scientifically."

4. Shareholders okay NB’s N16.1 bn dividend for 2019.

Shareholders of Nigeria’s foremost brewer – Nigerian Breweries, NB Plc, have approved a total dividend of N16.1billion for the year ended December 31, 2020, translating to a dividend per share of N2.01 per share.

The shareholders endorsed the declaration of the dividend at the Company’s 74th, Annual General Meeting (AGM) which was held in Lagos.

Speaking at the AGM, the Chairman of the Company, Chief Kola Jamodu, CFR disclosed that the Company had earlier paid an interim dividend of N3.99 billion, that is, 50 kobo per share, in December 2019, and that the final dividend will therefore be N12.1 billion, which comes to N1.51 per share which would become payable on June 24, 2020.

A breakdown of the Company’s results for the period revealed that it recorded a net revenue of N323 billion, as against N324.4 billion recorded in 2018.

Chief Jamodu explained that some of the factors that impacted on the Company’s performance in 2019, were inflation at double-digit rate, increase in input cost and further rise in the Excise Duty rate which could not be passed to the consumer due to continued pressure on purchasing power.

The business was nevertheless able to post a positive Profit, After Tax of N16 billion for the year due to series of innovations and implementation of cost efficiencies.

Shareholders present commended the Board and Management of the Company, for being resilient in the face of the challenging operating environment and appreciated the dividend payment, which was coming at the right time in view of current economic realities.

The Shareholders further commended the Board, for ensuring that investors continued to get returns on their investment in the Company. They equally urged the Company not to relent in looking at innovative ways, to improve on its performance, thereby ensuring that it remains ahead of the pack.

While thanking the shareholders for their commendation, suggestions and overall support, Chief Jamodu assured them that, the Company remained focused on delivering long term sustainable value to its shareholders in line with its philosophy of ‘Winning with Nigeria’.

The AGM, was a unique one as it was held with only a few Shareholders present representing and acting as proxies for the majority of others, in compliance with Government’s restrictions on public gatherings due to the COVID-19 Pandemic. It was also the first time that the AGM was streamed live enabling other shareholders follow the event.

These are some of the major breaking news we have in Nigeria this night.

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Source: opera.com
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