Olawoyin Oladeinde

Oladeinde Olawoyin reports Business & Economy, Development and Lagos Metro at PREMIUM TIMES. A First Class graduate of Mass Communication from the University of Ilorin, Ilorin, he was nominated in the journalism category of The Future Awards Africa in 2017. Aside maintaining a column titled ‘SATURDAY SATIRE’, he also writes art and culture pieces on weekends. Twitter: @Ola_deinde

Posts by Olawoyin Oladeinde:

25 items banned from being imported into Nigeria (FULL LIST)

There are at least 25 items that have been banned from being imported into Nigeria. The list, circulated by the Finance Ministry on Friday, includes soaps, spaghetti and used fridges. The ban on the items was put in place by the government in 2016, as part of yearly efforts to…

LAUTECH

LAUTECH closure: Osun, Oyo govts appeal for calm

The Osun and Oyo state governments have appealed for calm over the prolonged closure of Ladoke Akintola University of Technology, LAUTECH. In a statement on Thursday jointly signed by Governors Abiola Ajimobi and Rauf Aregbesola of Oyo and Osun states respectively, the state governments implored students, parents and guardians to…

12 Nigerian power plants produced Zero megawatt electricity on Christmas Day

For millions of Nigerians who had no electricity on Christmas Day, a possible official reason has been provided. The Nigeria Electricity Supply Industry, NESI, disclosed that about 12 power stations could not produce electricity during off-peak period during the holidays including on Christmas Day. According to the News Agency of…

Seyi Makinde

Seyi Makinde faults Oyo 2017 budget, says revenue target ‘unrealistic’

A chieftain of the Social Democratic Party, SDP, in Oyo State, Seyi Makinde, has said that the state's 2017 budget lacks developmental propositions. According to a statement released Tuesday, Mr. Makinde said that the budget could be more ambitious and realistic with the needs of citizens of the state right…

Nigeria commences social security programme, pays N5,000 monthly to poorest citizens

The Federal Government has commenced the payment of N5,000 monthly to one million vulnerable Nigerians. In a statement released, Monday, by Laolu Akande, Senior Special Assistant on Media and Publicity to Vice president Yemi Osinbajo, the government stated that the payment was effected through the Conditional Cash Transfer, CCT, of…

Top 10 Fuji musicians of 2016

Beginning from the late 1990’s up till early 2000’s, the Nigerian musical entertainment scene witnessed what could be described as a ‘revolution’, as exemplified in the emergence of contemporary hip-hop artistes. In 2016, these artistes have become so influential on the global scene that the genre they play has acquired…

Registrar, Joint Admission and Matriculation Board, JAMB, Is’haq Oloyede

I have never collected bribe – JAMB Registrar

The Registrar of the Joint Admissions and Matriculation Board, JAMB, Is-haq Oloyede, has declared that he has never collected bribe from anyone. Mr. Oloyede, who is also the immediate past Vice Chancellor of the University of Ilorin, made this disclosure while reacting to allegations of fraud levelled against him by…

Registrar, Joint Admission and Matriculation Board, JAMB, Is’haq Oloyede

JAMB registrar, Oloyede, reacts to fraud allegations, says petitioners are liars

The registrar of the Joint Admissions and Matriculation board (JAMB), Is-haq Oloyede, has described the allegations leveled against him by members of the Academic Staff Union of Universities (ASUU) as lies. Professor Oloyede, who is also the immediate past vice chancellor of the University of Ilorin, stated this in a…

Nigeria commences upgrade of airport facilities to check reduced flight visibility

The Nigerian Airspace Management Agency, NAMA, said airport authorities have commenced upgrading of existing facilities including the deployment of new communication, navigation, surveillance and air traffic management systems. The upgrade is to enhance capacity, safety, efficiency and economy of flight operations, NAMA’s Acting Managing Director, Emma Anasi, said in a…

The Nobel laureate, Wole Soyinka

Cater for “hunger-displaced” Nigerians, Soyinka tells Nigerian govt

The Nobel Laureate, Wole Soyinka, has called on the Nigerian government to cater for "hunger-displaced" Nigerians. Mr. Soyinka made this call in Lagos while beating the end of the year trading gong at the Nigeria Stock Exchange on Friday. The Nobel Laureate, who said the economy is in trouble, disclosed…

University of Ibadan (UI)

Despite lacking infrastructure, recurrent expenditures dominate Nigerian universities’ 2017 budgets

As Nigerian universities grapple with the challenge of basic infrastructure, there are concerns over the disparity in proposed allocations for capital and recurrent expenditure contained in the 2017 budget proposal of the education ministry. In the Ministry of Education budget proposal, N398 billion (88.8 per cent) was allocated for recurrent…

The Nobel laureate, Wole Soyinka

Soyinka to ring Nigeria Stock Exchange year-end closing gong

Nobel Laureate, Wole Soyinka, will on Friday ring the Nigeria Stock Exchange, NSE, year-end trade closing gong. The event holds at the 9th Floor Gallery, Stock Exchange House, 2/4 Customs Street, Lagos. A statement signed by the NSE's media relations officer, Joseph Kadiri, said that the event is slated to…

Arik Air

N6 million fine: Arik accuses Nigerian aviation agency of “unprofessional” act

Nigeria's largest airline, Arik, has accused the country's aviation authority of "unprofessional" act. The management of Arik said the Nigerian Civil Aviation Authority, NCAA, acted in an 'unprofessional' manner by publicising the letter detailing the N6 million fine issued to the airline on Tuesday. In a statement on Wednesday by…

Festac Grammar School Alumni Holds Glamorous Awards, Party

It was celebration galore, Monday, at the Festac Grammar School Class of 1998 alumni dinner and awards night as members converged to rejoice and share memories of their days in the school. The event, organised as the maiden edition of an annual get-together party, held at Rockview Hotel, 23 Road,…

Medview Airline

Like Arik, Medview airline appeals to passengers over delayed luggage

Few weeks after passengers who flew Arik airline had to wait for days to get their luggage, a similar scenario has happened to passengers of Medview airline. The passengers of the London-Lagos Medview airline flight have thus been told to exercise patience following delay in arrival of their luggage. In…

Lagos police commissioner orders evacuation of residents from Ikeja Barracks after collapsed building killed 2

Residents of two other residential blocks at the Lagos Police barracks, Ikeja, have been ordered to quit  the buildings. The Lagos State Commissioner of Police, Fatai Owoseni, gave the order while monitoring the demolition of a collapsed building in the barracks. The other two blocks to be vacated, located adjacent…

PHOTO SPEAKS: Collapsed Nigeria Police building that killed two

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UPDATE: Collapsed Nigeria Police barracks that killed two failed integrity tests twice

The Ikeja Police barracks building that collapsed earlier on Sunday failed integrity tests on two occasions, PREMIUM TIMES can report. Yakubu Suleiman, the south-west zonal coordinator of the National Emergency Management Authority, stated this at the scene of the incident during the demolition of the rest of the building by…

Ex-Fidelity Bank staff jailed for fraud

A former staff of Fidelity Bank Plc, Ihionu Chibuike, on Thursday bagged six years imprisonment for fraud. Justice Lateef Akapo of an Ikeja High Court sentenced him to jail after pleading guilty to the four-count charge of stealing, obtaining money by false pretence, forgery and impersonation. The charge was brought…

Joy, pain as Lagosians troop out to buy govt-owned rice

Thousands of Lagos residents, Thursday, besieged various centres across the state to buy LAKE rice, a locally produced rice borne out of a partnership between Lagos and Kebbi states. The governors of the two states, Akinwunmi Ambode and Atiku Bagudu, had launched the rice on Wednesday with the aim of…

Bags of rice

Experts express worry over ‘plastic rice’ imported into Nigeria

Agro-business experts have expressed worries over the seizure of 102 bags of plastic rice by officials of the Nigerian Customs on Monday. In separate interviews with PREMIUM TIMES, the experts enjoined the government to ensure that security is beefed up in the nation's borders and perpetrators of the criminal acts…

Aviation workers suspend strike after grounding Arik

Protesting aviation unions who shut down Arik Air operations on Tuesday have called off their industrial action. PREMIUM TIMES gathered that the decision followed an intervention by the Nigerian Civil Aviation Authority (NCAA). The unions had embarked on the joint strike following the airline’s failure to pay seven months’ salary…

Protesting workers shut down Nigeria’s largest airline, Arik

AStaff of Nigeria's largest airline, Arik, have shut down its operations in Lagos. The staff are currently staging a protest at the domestic terminal of the Murtala Muhammed airport. The protesters displayed placards containing messages communicating their grievances. Others danced to anti-establishment songs by the late Afrobeat musician, Fela Kuti.…

Fans eulogise late Fuji maestro, Ayinde Barrister, 6 years after

Six years after the death of Sikiru Ayinde Barrister, Fuji enthusiasts have continued to eulogize the virtues of the late Fuji Maestro. Mr. Barrister passed away on December 16, 2010, at the St. Mary’s Hospital, London, after a protracted illness. He was widely believed to have pioneered Fuji, a yoruba…

Ignorance bane of SMEs growth in Nigeria — Expert

Ignorance about available business opportunities was on Wednesdsy identified as one of the major factors militating against the growth of small and medium-scale entreprises in Nigeria. A council member of the Lagos State Chamber of Commerce and Industry, Shade Bembatoum-young, stated this her presentation at a workshop in Lagos. Ms.…