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Mr Dangote said his Group was supporting the government in growing the real sector of the economy. She however added that some of the gains of the UN efforts have been wiped out in the North East part of the country. Amina Zakari, must not be confirmed. They noted that Mrs. Zakari, besides being a close ally of President Muhammadu Buhari, was also from the same geo-political zone with him.
Afenifere spoke through a communique issued after its monthly meeting at the home of its leader, Pa Reuben Fasoranti, in Akure, the Ondo State capital. It was read by its spokesman, Yinka Odumakin. The group said Mrs. The president is urged to form a full-fledged government by appointing his ministers as stipulated by the Constitution. It, however, faulted the position of the Afenifere leader, Chief Reuben Fasoranti, who accused Buhari of ruling like a dictator and running a one-man show by not forming a cabinet since coming to power.
He maintained that the people of Ekiti State and the Yoruba were not opposed to Buhari, saying they remain important stakeholders in his administration and would never antagonise a government that was determined to take Nigeria out of the woods.
From Leke Akeredolu, Akure tor. Inclusiveness and consultation are necessary and vital ingredients of our democratic order. He is not up to three months in office. How can you be criticising somebody who has four years to spend in office and be assessing his performance within three months? We are not opposed to Buhari. This is our government and we will give him all the support he needs to turn around the fortunes of this great nation.
It urged the Fayose administration to implement the reconstruction with human face and not cause hardship for the market men and women. The party also called on the governor to tell the people how he wants to finance the From Odunayo Ogunmola, Ado-Ekiti new market project to give them assurance that it would be completed in record time.
Adigun explained that the intent of the Fayemi government was to make the market one of its legacy projects like Ikogosi Tourism resort, Ekiti Parapo Pavilion, Ayoba Government house, Moremi Olayinka Civic Centre and a host of others. He is a chieftain of APC. Borrofice, who spoke on a private radio station, Adaba FM, yesterday, said Mimiko was not comfortable with his intention to contest the election. He said the election would determine the future of the state.
The politician urged the people to support the APC, saying development would come to the state, if the party wins. The senator, who noted that the Mimiko-led government has failed the people, said he was ready to serve with the fear of God.
Boroffice said he had drawn a blueprint for the state, which will guide his government, if he eventually emerges the next governor. He assured that his government would focus on education, youth and rural development.
Zakari is a close relative of Mr. This has never happened in the history of the country. In the past, the independence of INEC is not in doubt. We are already concerned. The electoral body must not be partisan. It was reported that one person died in course of the clash and two among the policemen on duty were shot and sustained serious bullet wounds from the assailants.
The petitioner said he had earlier applied for and obtained police protection permit, copies of which he made available to reporters in his Sango office. He added that it was gathered through investigation that the victim of the clash was hit by a service rifle. Owoeye noted that his arrest was uncalled for as he was not armed and his residence was later invaded by the hoodlums and the men in military uniform. He urged the IGP to probe the incident. In a statement, the spokesman of the convention, Mr.
Ibadan residents, who spoke about the event, were happy at the second coming of the show. They noted that they had fun during the edition hosted in the city and other locations. Some of the ruling houses pleaded with their members to unite with the aim of presenting formidable candidates. The spokesperson of Ogboru Ruling House, Prince Adediran Adetipe, in an interview with reporters at a news conference in Ile-Ife, appealed to kingmakers to abide by their traditional ethics.
The Ogboru ruling house is one of the four ruling houses expected to produce the successor to Ooni, Oba Okunade Sijuade, Olubuse II, who joined his ancestors last month. The four ruling houses are the Ogboru, Osinkola, Lafogido and the Giesi.
According to him, the Adetipe family from the Amodo clan has already submitted an expression of interest, by putting forward a generally accepted candidate to fill the vacant position. The prince said Oba Sijuwade, in , had an agreement with the Giesi ruling house to trade their turn for the throne.
But he added that the deal was not on behalf of the entire Og- boru ruling house. Also yesterday, a top contender to the throne and a businessman, Prince Ramon Adegoke Adegoroye Adedoyin, enjoined members of the Giesi ruling house, under which he is contesting, to unite, present a credible and acceptable candidate to enable them produce the next Ooni.
Adedoyin, who spoke in an interview with reporters, advised the other contestants within the Giesi ruling house to unite and not see the contest as a door-die affair. He noted that the exalted position has been eluding the ruling house since The Ife prince said the law is very clear on the process of selection of a new Ooni, as stated in the declaration. At another news conference in Osogbo, the state capital, Prince Kunle Adelowo, said the Giesi is set to produce the next Ooni.
According to him, it was the turn of the Giesi ruling house to produce the next Ooni going by the Oyo State Chieftaincy Declaration. He said in the declaration, the order of rotation among the rul- ing houses should be: Osinkola of late Oba Aderemi, Ogboru Oba Sijuwade , Giesi to produce the next Ooni and Lafodigo to follow.
Adelowo vowed that the Giesi ruling house would resist any attempt to bypass the royal family. He said that the ruling house contested the Ooni stool with Sijuwade in , but lost. He noted that Giesi produced Ooni last in the ancient town between and In a statement, Fadehan, from Giesi Ruling House, said the next Ooni must be an individual, who has the right to royalty by birth and lineage.
Udiroko Festival: Ewi urges subjects to embrace agric From Odunayo Ogunmola, Ado-Ekiti T ready to refer some community-based conflicts to them for resolution. Mojeed Ekelojumati of Ijebu North Local Government Council, who responded on behalf of his colleagues, said the security meeting would promote effective policing and peaceful coexistence among the people.
HE Ewi of Ado Ekiti, Oba Adeyemo Adejugbe, has urged his subjects to embrace agriculture to prevent hunger, generate more jobs and boost food security. He said Ado-Ekiti was renowned for yam production, but the momentum declined as youths and old people abandoned farming. The monarch decried a situation in which the Ebiras now dominate yam production in his kingdom and indigenes no longer show interest in farming.
Farming is our pride; it is our tradition, which we must not abandon. In those days, everything you need is at your backyard. The traditional ruler said the festival was an opportunity for Ado sons and daughters to come together and deliberate on issues affecting their community. The monarch said the festival is another way to promote the rich cultural heritage of the community, offer prayers to the Almighty for witnessing another year and promote unity among indigenes and non-indigenes.
He was happy that his kingdom has grown in the last 20 years, which, he said, was made possible as a result of cooperation and unity among the indigenes. Ali spoke at his maiden security meeting with the chairmen in Eleweran, the L AGOS State Governor Akinwunmi Ambode yesterday called for regional integration among countries within the Gulf of Guinea to protect the coastal areas and ensure safety of lives and facilities.
The governor, who spoke at the opening of the Offshore Patrol Vessels OPV Africa in Lagos, stressed that the maritime sector remained a critical factor in achieving economic prosperity for the region. He said unless there was a regional collaboration in the region, the full benefit and opportunities that abound in the sector would not be achieved. From Ernest Nwokolo, Abeokuta command headquarters.
He said the police was determined to tackle kidnappers, land speculators, cultists and operators of unregistered vehicles. Ali added that the police required the help of the council chiefs to succeed. By Miriam Ekene-Okoro Ambode said Lagos, being the host city of the busiest port within the region, was concerned about the activities of criminal elements and the threats their activities posed to the region.
He added that the state government, as a responsible government, was ready to partner relevant government agencies and other concerned stakeholders to put an end to the challenge. He encouraged the chairmen to be more involved in community policing, stressing that the command was nomic growth. The governor, who was represented by his deputy, Dr. Idiat Adebule, enjoined participants and other resource persons at the conference to come up with useful suggestions and enduring measures that to stop the illicit activities of criminals in the maritime sub-sector.
He noted that these potentials have some threats, ranging from piracy, sea robbery, drug and human trafficking as well as worrisome pipeline vandalism and crude oil theft that have continued to challenge the smooth operation of lawful business operations in the sector. Olowofela, who was the immediate past chairman of Ido Local Government Area, said he was convinced that Ajimobi was the true winner of the April 11 governorship election.
He added that the petition by the Accord Party candidate, Rashidi Ladoja, challenging his victory was an effort in futility. Though I am not the judge, but from my observation during the election, Ajimobi won that election clearly. Marie Ebikake, it has been learnt. She has been saying the PDP would lose the December 5 governorship election, if Dickson was fielded as its candidate.
The rally was organised to receive non-indigenes into the group. We bought buses and taxis and gave to our people. The time is not ripe yet. We shall open the books and reveal her activities. Akwa Ibom admits owing banks N Finance Commissioner Akan Okon addressed reporters yesterday in Uyo, the state capital. According to him, Emmanuel, being a financial expert, adopted the financial engineering method to free up more funds to finance de- velopment and other basic services in the state.
This will free about N3 billion for developmental projects. We wrote to the House of Assembly for ap- proval and an enabling law on this arrangement. He dismissed the rumour that the government had barred other commercial banks from operating its account.
Why Bayelsa suspended payment of gratuities, by Dickson B AYELSA State Governor Seriake Dickson has said the dwindling revenue accruing to the state from the Federation Account forced him to suspend the payment of gratuity arrears he inherited from the former government. The governor spoke yesterday in Yenagoa, the state capital, when he swore in 22 newly appointed permanent secretaries.
I like to But it was when the economy took a dive for the worse that we stopped. So, that is a problem we acknowledge really exists. But we will work together to solve it. He was said to have been arrested during a routine stop-andsearch. Ikhuakpogba is said to have committed several kidnappings and robberies. He was among 35 suspects the police paraded yesterday in Benin, the state capital.
The suspect told reporters that he carried out two kidnappings and eight robberies. Ikhuakpogba said he collected N, ransom from one of his victims. Other suspects were said to have robbed, kidnapped, snatched cars and raped women. A dropout from the Nigeria Military School, Hope Obasuyi, who had allegedly been posing as a soldier to rob residents, was also paraded. The year-old was arrested in Benin after a phone he allegedly stole was taken to a relative of the phone owner for unlocking.
Obasuyi said he was a welder, adding that he sometimes used the uniform to get many facilities, especially mobile phones from people. Items recovered from the suspects included five AK rifles, 25 cut-to-size guns, four double-barrelled guns, four single-barrelled guns, three pump action guns, 52 live cartridges, three cars, one motorcycle and seven assorted mobile phones. He said they would soon be charged to court. He said the new permanent secretaries were appointed on merit and in recognition of their hard work and contributions to the public service.
Dickson described the selection that led to their appointments as fair and competitive. He hailed the civil servants and some of their past leaders, including two former Heads of Service, Sir Fraser Okuoru and Dr Josephine Igodo, for their in- novative contributions.
The governor urged the new permanent secretaries to work with their commissioners to promote professionalism and improved service delivery. That is my wish for you all. Others are: Igunu Hosea Ebifanyo, Dr. Ebiwari, Godspower Atoko, S. Burufegha and Simon Adomokeme. Ebiere Igodo-Adeh. The youths, under the auspices of the Ijaw Youth Council IYC Worldwide, in the letter by their President, Udens Eradiri, and spokesman Eric Omare, said the dockyard was to be sited in the area where liquid gas is gathered and produced.
It is significant to note that this facility is one that would create a lot of jobs in the Niger Delta and partly address the problem of youth restiveness in the region. Investors have no power to violate Nigerian laws and decide where a facility should be located. The panel said the ex-commissioner would be arrested if he failed to appear before it. Also summoned are: former local government chairmen and excommissioners through who the funds were allegedly disbursed. The panel began sitting on Monday, following the failure of two court cases filed to stop the members from sitting.
Atonye Tari-Okoye and Mrs. Mrs Tari-Okoye denied any involvement in the disbursement. They should forgive me. It was the devil that made me to defile her. I am very sorry. His victims are between four, six and nine. He was said to have committed the offence when the parents of the kids were away. The suspect said he did not penetrate the siblings. Three of them are siblings. I sodomised them. I went to their house and told them to remove their pants but I did not penetrate. The eminent lawyer argued that one of the documents Exhibit P.
The eminent lawyer averred that the document sought to be tendered did not have any of those marks. He urged the tribunal not to admit the documents. The lawyer argued that Exhibit P. He said the document was not filed with the petition and was not pleaded. It is an issue of law and we are bound by the law, especially by the Supreme Court. We listed those documents. The object of pleadings is hereby satisfied. Both documents comply strictly with Section 2 of the Evidence Act.
We should be realistic. When the person you have subpoenaed and is to come to court to present the documents, it needs not be frontloaded or listed. I humbly submit that these documents be admitted. This is politics.
A lot of things can happen and those concerned are unaware of them. The truth remains that you must follow due process. You have to register from the ward, to the state and the national levels. The APC, as we have today, if not because of people like me, we would not have it. It is annoying that people in the saddle in the past 16 years just bring their plates to eat when the soup prepared by others is done.
We are doing what is justifiable today. Their defection is scheduled to hold at a rally on September 26 at the U. Esuene Stadium in Calabar, the state capital. Eta thanked the chairmen for their visit and assured that the party would maintain an unwavering stand against impunity and corruption. It declared a suspect, Uche Baron, said to own the warehouse wanted.
When the agency stormed the warehouse on August 20, Uche was not found but a suspect, Ugochukwu Chukwu, was arrested. Parading the suspect yesterday, a Commander Sule Momodu, warned intending recruits to quit because Anambra was no longer safe for them.
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Clients and potential traders can become a part of the social media community to get in touch with fellow clients and share experiences. They share successful trading strategies and stories along with the latest news on trading instruments. The support executives generally revert the same day but can take more than 24 hours at times. Local Phone Support: Traders in Nigeria can also connect directly through a local phone number provided by Liteforex. Each office is active from 9 AM to 5 PM local time and can be reached out through multiple local phone numbers.
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Beginner traders often do not want to risk trading large sums of money and generally will not be able to trade full-time during the workweek. Accounts with lower minimum deposits and which allow trading in micro-lots are generally more suited to beginner traders. Spreads on these accounts are often wider than those with higher minimum deposits. In general, experienced traders tend to prefer accounts with higher minimum deposits and tighter spreads. At Liteforex this trade-off does not occur as both accounts have low minimum deposits and higher than average trading costs, making them unappealing to experienced traders.
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CySEC is a tier 2 regulatory authority that allows brokers to provide financial services in European countries. International clients including traders in Nigeria are safeguarded under the regulations of the Marshall Islands Business Corporation Act. Liteforex Investments Limited is regulated in the Marshall Islands with registration number The compliance requirements for the Marshall Islands are low hence, the protection for Nigerian traders is limited.
The traders in Nigeria or international clients can have a maximum leverage of up to Liteforex does not have a banking license or a parent banking firm. It is a privately owned firm that uses a third-party bank to store the funds. It is not listed on any stock exchange.
We have covered all the trading and non-trading fees that are incurred by the traders in Nigeria at Liteforex. The commission for each instrument is different. The floating spreads with the ECN account are very low and start from 0 pips per lot. The Classic account type at Liteforex is a commission-free account with higher floating spreads. The variable spreads start from 1. Compared to other regulated forex and CFD brokers in Nigeria, the spreads, as well as commission, are marginally higher than many of the peers.
Non Trading Fees Liteforex does not charge any account opening fees. The deposits and withdrawals are free for most of the available methods as they reimburse any commission charged for the deposits and withdrawals into the trading account. The only non-trading fee charged at Liteforex is the inactivity fees.
This fee is charged when an active trading account stays inactive for 12 months consecutively. Overall, the non-trading fees are decent as most of the forex and CFD brokers in Nigeria do charge an inactivity fee. The spreads on the classic account are higher than many other regulated brokers that do not charge commission.
The ECN commission on commodities is lower than the peers but the ECN commission on forex majors, minors, and exotics is slightly high. Liteforex Account Types Liteforex offers two types of live trading accounts and a demo trading account to assist beginners in gaining experience. It does not offer Naira NGN based trading account. Negative balance protection does not apply to the classic account type.
Scalping is also not allowed with the classic account type. The floating spreads are as low as 0 pips per lot. This account type offers negative balance protection which means if the account balance turns negative, it is automatically set to zero. Apart from this, traders will also receive an annual interest rate of 2. Traders can choose between MT4 and MT5 trading platforms with a maximum leverage of for both account types. Overall, the option to choose between spread-only and commission-based account types can suit multiple types of traders.
Although, the annual interest of 2. These trading platforms are user-friendly and customizable. Liteforex also offers a mobile forex app for Android and iOS devices that can allow traders to track their favorite trading instruments and keep them up to date with the signals and news concerning the same.
Trade orders cannot be executed through the Liteforex mobile forex app. The MT4 and MT5 trading platforms are convenient and efficient as the majority of the forex traders in the world use the same for forex and CFD trading. These trading platforms are provided by almost every other forex broker in Nigeria. Liteforex Trading Instruments The number of trading instruments and capital markets at Liteforex is decent.
Following are the details of trading instruments at Litforex: Forex: Liteforex offers a total of 55 forex tools including 7 majors, 20 minors, and 28 exotic currency pairs. These instruments can be traded with a standard lot containing 1,00, units.
The minimum trading volume is 0. The spread, lot size, as well as commission are different for each of the metal crosses. The maximum available leverage ratio is for CFDs on precious metals. Cryptocurrency CFD: A total of 16 cryptocurrency crosses are available to trade with different floating spreads. Overall, the number of capital markets and trading instruments is fairly decent when compared with other regulated brokers in Nigeria.
Beginner traders often do not want to risk trading large sums of money and generally will not be able to trade full-time during the workweek. Accounts with lower minimum deposits and which allow trading in micro-lots are generally more suited to beginner traders. Spreads on these accounts are often wider than those with higher minimum deposits.
In general, experienced traders tend to prefer accounts with higher minimum deposits and tighter spreads. At Liteforex this trade-off does not occur as both accounts have low minimum deposits and higher than average trading costs, making them unappealing to experienced traders. LiteForex allows hedging and scalping and offers an excellent copy trading service. Nigerian traders can access maximum leverage of , and both accounts are available as Islamic swap-free options.
See below for details on the accounts: Classic Account The Classic Account was designed for experienced traders. Its variable spreads average at 2. The minimum deposit on this account is 50 USD, and transactions start at 0. Commissions only apply to cryptocurrency trading, at 12 USD per lot.
The account offers an interest rate of 2. The trading account provides access to the best prices on the market, and variable spreads start at 1. Demo Account LiteForex demo accounts provide the opportunity for traders to trade virtual money under real market conditions.
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