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Nigeria ranks highest on inequality index for second time




For the second time, Nigeria has been ranked the country with the highest inequality among its citizens by OXFAM.

OXFAM, a global civil society body that fights against injustice, and its partners indicate that Nigeria’s social spending (on health, education and social protection) is shamefully low, which is reflected in very poor social outcomes for its citizens.

“One in 10 children in Nigeria does not reach their fifth birthday, and more than 10 million children do not go to school. Sixty percent of these are girls,” the report said.

The index, released yesterday at the Annual International Monetary Fund and World Bank Meetings in Bali, Indonesia, titled ‘Commitment to Reducing Inequality Index (CRI Index)’ showed that in the past year, Nigeria recorded increase in the number of labour rights violations. Its minimum wage has not increased since 2011 and social spending has stagnated.

The CRI Index also shows that there is still significant potential for Nigeria to raise and collect more tax – scoring very badly on this aspect too. There have however been very improvements in this area of recent (in 2018), which will show in next year’s CRI.

“The IMF has given clear advice on the importance of tackling inequality, referring to Nigeria’s score in the CRI Index. The president of the country has also said that tackling inequality is important, as inequality leads to political instability. Yet little has been done,” the report said.

Denmark tops this year’s CRI Index with the highest score. It has some of the most progressive taxation policies in the world; the best labour market policies, and its protection of women in the workplace is the best in the world.

The index ranked 157 countries on their policies on social spending, tax, and labour right – three areas that the group believes are critical to reducing inequality.

Other countries with high inequality ranking include; Uzbekistan-156, Haiti-155, Chad-154 and Sierra Leone -153.


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Fayose denies report that he’s opening up to EFCC fraud allegation against him



Fayose submits self to EFCC


The former Governor of Ekiti state, Ayo Fayose has denied reports that he has started opening up on allegations of corruption made against him by Economic and Financial Crimes Commission, EFCC.

He said the reports are misleading and feeble attempt by the anti-graft agency to sustain its lies and campaign of calumny against him.  Read the statement below…

“Report by a section of the media that Fayose, had started opening up on allegations of corruption made against him by the EFCC is false, misleading and a feeble attempt by the anti-graft agency to sustain its lies and campaign of calumny against the former governor.

No amount of sponsored media reports will change the fact that as at today, the EFCC does not have any evidence to prosecute Fayose in court.

Fayose will only defend himself in the law court because EFCC has demonstrated that it is out to persecute him ostensibly because of his criticism of the President Muhammadu Buhari led APC government.

It is a fact that Fayose wrote to the EFCC on September 10, 2018 notifying the commission of his decision to make himself available on October 16, 2018. The EFCC replied by asking him not to wait till October 16 and that he should come on September 20, 2018.

Therefore, isn’t it funny that the same EFCC that was desperate to have Fayose report on September 20 is still keeping him in detention, four days after he willingly submitted himself?

Isn’t it now clear to all discerning minds that EFCC is only acting as an agent of persecution against perceived enemies of the APC and it is helping to keep Fayose out of circulation as desired by the powers that be?

Very soon, the public will still be fed with stories like; “Fayose writes confessional statement and eats it,” “he weeps in detention,” “begs to return loots among other familiar lies of the EFCC.”

Nigerians should just ignore the EFCC sponsored lies and continue to ask why the anti-graft agency has failed to charge Fayose to court despite the overwhelming evidence it claimed to have.

Most importantly, Nigerians should be rest assured that Fayose will not be intimidated even if he is detained for as long as the EFCC will be ready to take him to court. He won’t say more than what he has said which is denying the EFCC allegations.”



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Buhari hosts Kannywood Entertainers to dinner




President Muhammadu Buhari on Thursday evening, hosted Kannywood Entertainers (Music and Movies) to dinner in State House.

Present at the event include, Plateau state Governor Simon Lalong, Kaduna State Governor Nasir El-Rufai, Chief of Staff Abba Kyari and SGF Boss Mustapha and many entertainment practitioners.

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Ekiti APC Treasurer assassinated at his residence




The treasurer of the All Progressives Congress (APC) in Ekiti, Moses Adeoye, has been killed by suspected gunmen at his residence.

TheCable gathered that Adeoye was murdered Wednesday evening in Otun, Moba local government area of the state.

A source who spoke to TheCable said the gunmen didn’t take any of his valuables or properties.

Confirming the incident, Caleb Ikechukwu, Ekiti state police public relations officer, said an investigation has commenced on the matter.

He said: “The state police headquarters is aware of it already and we have started our investigation to make you we apprehend all the perpetrators of this act.

“We commiserate with his family and assured the people of Ekiti state that the police is on top of this matter.”

The deceased is the immediate past APC chairman of Moba local government area.

Another APC chieftain in the state, Olubunmi Ojo, was on August 10 murdered in Ado-Ekiti by unknown gunmen.

Ojo was a former personal assistant to Segun Oni, ex-governor of Ekiti.

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