Factzone News

Debunking the Myth: Taxation Does Not Grow Economy But Production Does

Debunking the Myth: Taxation Does Not Grow Economy But Production Does At Factzone Online News, we are committed to delivering accurate and reliable news to our readers. With a team of experienced journalists and media professionals, we strive to provide timely updates on a wide range of topics, including politics, technology, business, entertainment, and more.

KWSIEC Sets the official date for the upcoming local government elections in Kwara State

KWSIEC Sets the official date for the upcoming local government elections in Kwara State All 16 local government districts in Kwara State will be represented in the local government council elections, which are set for September 21, 2024.The chairman of the electoral authority, Okanla Baba, made this announcement in a statement released on Thursday.“Preparations are in place to guaran...

Euros 2024: Germany snub Adeyemi

Euros 2024: Germany snub Adeyemi Germany coach Julian Nagelsmann has left Borussia Dortmund forward Karim Adeyemi out of the Die Mannschaft squad for the UEFA Euro 2024 championship, scheduled to take place in Germany next month, PUNCH Sports Extra reports.

N20tn pension fund safe – FG

N20tn pension fund safe – FG The Federal Government on Thursday denied an allegation that it intended to borrow the N20tn pension fund for infrastructure development.

Gunmen Kidnap Catholic Priest, Rev Fr Basil Gbuzuo, In Anambra

Gunmen Kidnap Catholic Priest, Rev Fr Basil Gbuzuo, In Anambra A popular Catholic priest in the Onitsha Diocese of Anambra State, Reverend Father Basil Gbuzuo, has been kidnapped by yet-to-be identified gunmen.The news of the priest’s abduction was contained in a release by the Catholic Archdiocese of Onitsha dated May 16, 2024.According to the statement, the...

Death Toll Rises To 11 In Kano Mosque Bomb Attack

Death Toll Rises To 11 In Kano Mosque Bomb Attack The Kano State Police Command has confirmed the death of eight of the 24 victims of the Gezawa Mosque attack, with 17 others still receiving medical treatment at the hospital.However, the police had arrested the suspect, Shafiu Abubakar, 38, who confessed that his actions were in revenge over a disp...

Fubara vs Wike:: 7 More Commissioners Resign From Governor Fubara's Cabinet

Fubara vs Wike:: 7 More Commissioners Resign From Governor Fubara's Cabinet A Second wave of resignations has hit Governor Siminalayi Fubara’s administration as Commissioners loyal to Minister of FCT, Mr. Nyesom Wike have stepped down from their positions for a second time.In December 2023, 9 commissioners resigned at the peak of the political crisis but Governor Fubara r...

APC Suspends Jimoh Ibrahim For Anti-Party Activities

APC Suspends Jimoh Ibrahim For Anti-Party Activities The Executives of the All Progressives Congress (APC) in Igbotako Ward II, Okitipupa local government area of Ondo State, have announced the suspension of the Senator representing Ondo South, Senator Jimoh Ibrahim, over alleged anti-party activities and insubordination.The notice was signed by ward....

Wolves Submit Official Letter to Premier League Calling for VAR Removal

Wolves Submit Official Letter to Premier League Calling for VAR Removal Premier League club Wolves has taken a bold stand by submitting an official letter to the Premier League, urging for the removal of the Video Assistant Referee (VAR) system from the start of the 2024/25 season. The letter, which calls for a vote at the league's Annual General Meeting in June, highli...

Minimum Wage: Borno Workers Paid As Low As N6,000 To N8,000

Minimum Wage: Borno Workers Paid As Low As N6,000 To N8,000 The Labour Veterans and Trade Unionists Assembly has expressed outrage over the wages paid to workers in Borno State, revealing that many are receiving as little as N6,000 to N8,000 as minimum wage

Tinubu Abandoned Us After 2023 Election, APC Women Leaders Lament

Tinubu Abandoned Us After 2023 Election, APC Women Leaders Lament The forum of 37 State Women Leaders of the All Progressives Congress and the Federal Capital Territory on Tuesday decried their exclusion from the dividend of party politics, saying they only benefited one bag of rice and a paper wrapper each after the 2023 general election.The aggrieved leaders tab...

Police arraign two Tiktokers for defaming Lagos monarch, Oba Elegushi

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KWASSIP Opens Application Portal for Kwapreneur 5.0

KWASSIP Opens Application Portal for Kwapreneur 5.0 The Kwara State Social Investment Programme (KWASSIP) is excited to announce the opening of the online application portal for the fifth edition of the Kwapreneur initiative (Kwapreneur 5.0). Under the visionary leadership of His Excellency Mallam AbdulRahman AbdulRazaq, the Kwara State Government la...

Ilorin: Attention of Ministry of Environment, Health & KWEPA on 33 dead Cows!- Dan-Musa

Over 33 numbers of Cows were suspected to be poisoned and died immediately but surprisingly, the dead animals were slaughtered and distributed out to Butchers to be sold. It happens along Atere Road(that leads to Al Hikma campus) right Inside College of Arabic and Islamic Studies, Ilorin.

Kwara Monitoring Group (KMG) is calling the attention of Commissioner of Environment, Health and KWEPA for an immediate action so as to prevent the poisoned and dead Cows being sold out to unsuspecting public.

Kwara Monitoring Group will not relent her efforts to support Kwara state government to sanitize the state in all reminification.

It is the prayer that the concerned Ministry and Agency take and appropriate immediate action as nobody knows whose family that such poisoned meat could be sold out to in market.

ZETSI Africa President Survives Assassination Attempt During NANS Inauguration Abdulrazak Jeje, the Founder and President of ZETSI Africa, narrowly escaped a brazen assassination attempt during the National Association of Nigerian Students (NANS) 2024 Executive Inauguration. The incident, captured in a widely circulated video, shocked the nation and underscored the escalating....

ZETSI Africa President Survives Assassination Attempt During NANS Inauguration

Abdulrazak Jeje, the Founder and President of ZETSI Africa, narrowly escaped a brazen assassination attempt during the National Association of Nigerian Students (NANS) 2024 Executive Inauguration. The incident, captured in a widely circulated video, shocked the nation and underscored the escalating tensions within the student organisation.

According to a press release issued by Oluwayomi Owoseye, Director of Publicity for ZETSI Africa, Mr. Jeje's survival was attributed to divine intervention. Despite the harrowing ordeal, Mr. Jeje remains resolute in seeking justice and has decided to disengage from all NANS activities.

He stressed that Mr. Jeje has been a dedicated member of the National Association of Nigerian Students since 2009. He initially served as the PRO of NANS Kwara before being elected as Chairman of NANS JCC Kwara for two consecutive terms. During his tenure, he worked tirelessly to create a positive atmosphere within the student body and led various projects to promote unity and advancement among Nigerian students in Kwara State. With a wealth of experience and a history of effective leadership, he is now a respected advisor for numerous youth and student organizations, including NANS.
The assassination attempt has sparked calls for urgent action to restore integrity to NANS, a once-respected student association now plagued by internal strife. As Mr. Jeje recovers from the traumatic experience, the Zetsi Africa family expresses gratitude for the outpouring of support and solidarity from well-wishers.

As investigations into the incident continue, Mr. Jeje's commitment to combating societal vices through ZETSI Africa remains steadfast, as he focuses on his recovery and future endeavors to serve his country.

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Eid Fitr: Sheikh Azeegazy Greets Muslims, Urges prayer for Nigeria

Sheikh Yahaya Adebayo Azeegazy, the esteemed founder of Azeegazy Islamic Foundation, extends heartfelt greetings to Muslims worldwide on the joyous occasion of Eid Fitr. His message resonates with a call for peace and unity in Nigeria, urging all citizens to unite in harmony and mutual understanding during this festive season. The Azeegazy Islamic Foundation serves as a symbol of hope and positivity, advocating for love, compassion, and communal harmony among individuals of all backgrounds. Let us all embrace this festive moment with open hearts, spreading kindness and goodwill wherever we may be. Eid Mubarak to all! As a leader dedicated to upholding Islamic principles, he stresses the significance of peace and unity in Nigeria during this auspicious time. Sheikh Azeegazy appeals to fellow Muslims to come together in solidarity, fostering empathy and collaboration across communities. His message echoes the essence of Eid Fitr, emphasizing forgiveness, compassion, and kindness towards everyone. Let us uphold these noble values and work towards a more cohesive and peaceful Nigeria. Eid Mubarak to one and all!

Just In: Mr Philip Shaibu has been impeached by the Edo State House of Assembly as the Deputy Governor. After fighting the process through the courts and politically, Mister Shaibu will cease to be Obaseki’s deputy after things fell apart between both men since the deputy showed interest in running for Governor and unable to secure the party’s ticket.

Emefiele Arraigned In Court, Pleads Not Guilty To Charges

FEATURED: The Impediment of Nigeria's Politics on Digital Innovation Transformation

By Imam Ahmed Adekunle
Nigeria, the largest economy in Africa, has immense potential in the realm of digital innovation. However, its political challenges have been hindering its progress and preventing it from becoming a global leader. The significance of digital innovation in driving global economies is well-known, and countries worldwide are working hard to embrace technological advancements. Nigeria must follow suit and overcome the political obstacles that are impeding its growth and transformation.

Nigeria's digital innovation sector is thriving, but it could achieve accelerated progress if the political impediments are overcome. A comprehensive policy framework, eradication of corruption, increased funding and investment, emphasis on education and skills development, and streamlining of regulatory processes are the keys to unlocking Nigeria's potential in the digital age. A collaborative effort from policymakers, stakeholders, and the private sector is crucial to unleashing Nigeria's true potential and driving economic growth and prosperity on a global scale.

To advance Nigeria's digital innovation agenda, we must establish a corruption-free environment with transparent governance that effectively allocates funds to the tech sector. A well-defined policy framework should be implemented to promote and foster digital innovation and entrepreneurship. Efforts should also focus on encouraging investment in the tech sector by creating a favourable business environment that attracts venture capitalists and angel investors. Additionally, infrastructure development to facilitate a seamless digital transformation across the nation is crucial.

Moreover, the adverse effects of political barriers are magnified by the digital divide prevalent in the country. Therefore, Nigeria's political system needs to prioritize the progression towards a digital landscape by establishing an advantageous policy framework, fostering partnerships between public and private sectors, and making substantial investments in digital infrastructure. Additionally, revamping the education system by upgrading the curriculum to meet the evolving demands of the digital era is imperative. By equipping young minds with the necessary skills and placing a strong emphasis on technology-related subjects, Nigeria can establish itself as a prominent center for digital innovation.

In conclusion, Nigeria's political landscape poses significant hurdles to its growth and transformation in the realm of digital innovation. However, we can overcome these obstacles by implementing effective policies, eradicating corruption, investing in infrastructure, and fostering a collaborative effort between policymakers, stakeholders, and the private sector. By doing so, we can unleash Nigeria's true potential, drive economic growth and prosperity, and establish Nigeria as a global leader in the digital age.

Imam Ahmed Adekunle is the Expert Leader, Modlams Tech Solutions
[email protected]

As we enter a new year, FACTZONE ONLINE MEDIA would like to express our gratitude to our valued customers Customers, viewers, readers and our followers. We appreciate your unwavering support and trust, which has been instrumental in our success and growth.

Our commitment to delivering the highest level of service and providing the latest news and updates remains steadfast. With the start of this new year, we are eager for the opportunities it brings and the chance to enhance our service to you.

As we embark on this new chapter together, we extend our sincere appreciation and best wishes for a prosperous and joyful year ahead. Here's to a new year full of exciting possibilities and our continued partnership.

Thank you for choosing FACTZONE ONLINE MEDIA as your trusted source.

Happy New Year!

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Management

KWARA PDP REVIVAL GROUP IN EKITI LOCAL GOVERNMENT

Today, the Kwara PDP Revival Group met with the local government and ten ward youth leaders in the Ekiti local government to discuss an important issue.

The K.P.R.G. Chairman, Hon. Olalekan Lawal Auto, who led the delegation to Ekiti local government, in his remarks commended the youth leaders for their continued support before, during, and after the 2023 elections. Auto also tasks the local government and ward youth leaders on ward meetings.

The Senatorial Youth Leader, Mr. Abdulganiyu N.F.F., who spoke on behalf of local government and ward youth leaders, commended the visiting delegation and pledged to remain committed to the party's future success.

E-Signed:

*Hon. Olalekan Lawal Auto,*
*Chairman, Kwara PDP Revival Group.*

*RESCUE IMAM ABDULHAYY MODIBBO FROM WAARDENBURG SYNDROME*

ABDULHAYY MODIBBO, a 4years, six months old baby boy needs medical attention to recover from WAARDENBURG SYNDROME.

He was diagnosed of the syndrome at University of Ilorin Teaching Hospital after his parents presented case of inability to speak.

ABDULLAYY MODIBBO will need N10.5million for Cochlear implant and other medical rehabilitation.
According to the Physician in UITH said the surgery must be done before the baby's clock 5 years whereas the baby is 4 years 6 months presently.
Please support ABDULHAYY by paying to this account

His Father’s Account details
Name: Imam Ahmed
Account number:2172722456
Bank name: UBA
Contact numbers: 08163695655, 07063473636

Electricity tariff set to increase by over 40% from July 1 — Stakeholders.

Nigerians may need to prepare for tougher times as electricity tariff is set to increase by over 40 % in the coming days, a development which may eventually end all forms of energy subsidy in the country, The Guardian is reporting.

With a monthly subsidy of about N50 billion still in the electricity sector owing to revenue shortfall, the tariff hike due from July 1, may be another acid test for the President Bola Ahmed Tinubu administration’s market reform.

The administration has already removed subsidies on Premium Motor Spirit (PMS)& floated the naira, decisions that have complicated the price-setting of the NERC 2022 Multi-Year Tariff Order (MYTO).

Although the power sector players have been unable to meet the threshold of supplying at least 5,000 megawatts a year after signing contracts with NERC, NERC’s current Service Based Tariff was benchmarked on an exchange rate of N441/$ & inflation of 16.97 %

Steps For Nigerian Students To Access Loan Scheme

The signing of the Student Loan Bill into law by President Bola Tinubu on Monday has elicited commendations from the public, especially students.

The bill will enable Nigerian students access loans at interest-free rates.

It is also expected to see the establishment of an education bank.

In November 2022, the bill was passed by the National Assembly.

The bill was sponsored by Hon Femi Gbajabiamila.

Checks by The Nation shows the bill seeks the establishment of the Nigerian Education Bank, which shall have powers to supervise, coordinate, administer, and monitor the management of student loans in Nigeria

The board will also receive applications for student loans through higher institutions in Nigeria on behalf of the applicants, screen the applications to ensure that all requirements for the grant of students’ loan under the Act are satisfied.

In the copy sighted by The Nation, “The bank shall also have the powers to approve and disburse the loan to qualified applicants; control and monitor and coordinate the students’ loan account/fund and ensure compliance in respect of disbursement; monitor academic records of grantees of the loan to obtain information on their year of graduation, national service, employment to ensure that grantees of the loan commence repayment of the loan as at when due, among other functions.

“The Bill provides that notwithstanding anything to the contrary contained in other enactments, all students seeking higher education in any public institution of higher learning in Nigeria shall have an equal right to access the loan under this Act without any discrimination arising from gender, religion, tribe, position or disability of any kind.

“The loan referred to in this Act shall be granted to students only for the payment of Tuition fees. The grant of the loan to any student under this Act shall be subject to the students/applicant(s) satisfying the requirements and conditions set out under this Act.”

Here are things to know before applying for student loan:

1. Students applying for loan must apply to the Chairman of Nigerian Education Bank through their respective institutions.

2. They must have secured admission into any of the Nigerian Universities, Polytechnics, Colleges of Education or any vocational school established by the Federal Government or the government of any state of the Federation.

3. Applicant must provide at least two guarantors.

4. Each of the guarantors must be a civil servant of not less than level 12 years in service, or a lawyer with at least 10 years post-call experience; of a judicial office of a justice of peace.

5. All applications from every institution must be submitted through the Student Affairs Office of each institution via a list of all qualified applicants from the institution accompanied by a cover letter signed by the vice-chancellor or rector or the head of the institution and the students affairs officer and addressed to the chairman of the board of the bank.

Each application must be accompanied by the following:

1. Copy of student’s admission letter

2. Letter by the guarantors addressed to the chairman, governing board of the bank recommending the student for the loan and stating that he accepts the liability in the event of default.

3. Each guarantor must submit two passport photographs, name of the employer and evidence of being so employed by the named organisation.

4. Each institutions must ensure that all applications from its school reach the bank not more than 30 days after close of admission for the academic year.

5. Where the guarantor is self-employed, he must provide particulars of his business as registered with the CAC or any other appropriate authority.

A student can be disqualified from accessing loan if:

1. He is proven to have defaulted in respect of any previous loan granted by any organisation.

2. He has been found guilty of exam malpractice by any school authority.

3. He’s convicted of felony or any office involving dishonesty or fraud

4. He has been convicted of drug offenses

5. Any of his parents has defaulted in respect of student’s loan or any loan granted to him or her.

For repayment of the loan:

1. Any beneficiary of the loan shall commence repayment two years after completion of NYSC

2. Repayment shall be by direct deduction of 10% of the beneficiaries salary at source by that employer and credited to the students loan account.

President Tinubu Appeals To Apc Senators-elect To Abide By APC Zoning |

President Tinubu Appeals To Apc Senators-elect To Abide By APC Zoning Home President Tinubu Appeals To Apc Senators-elect To Abide By APC Zoning [email protected] -June 08, 2023 Ahead of the inauguration of the 10th Senate next week, President Bola Tinubu has made a strong appeal to all APC senators-elect to abide by the zoning arrangements as announced by the Na...

THIS IS NOT THE SAME PERSON

On the left is Manchester City star Nathan Ake and on the right is Ballon d'Or winner Ruud Gullit.

They both played for Chelsea 🔵
They are both from Netherlands 🇳🇱
They wore the same jersey at Bournemouth and AC Milan respectively ⚫🔴

WHAT A COINCIDENCE 😱

NEWS: Arsenal agree personal terms with Premier League midfielder as Brighton set price tag

Arsenal tried to sign Moises Caicedo in January and it appears the Gunners will be back in for the Brighton midfielder this summer with terms being agreed.

Brighton have agreed to sell Arsenal target, Moises Caicedo ahead of next season, but have set a very high price tag on the midfielder this summer.

The 21-year-old Ecuadorian could have left Brighton in January with the player wanting to leave, however after two rejected bids Arsenal turned their attention to Jorginho and Moises Caicedo stayed at the Amex to help the Seagulls secure European football for the first time in the clubs history.

However the situation appears to be different now the season has come to an end and Brighton will allow their star midfielder to leave this summer as long as their valuation is met. Arsenal are only one of many teams interested in signing Caicedo ahead of next season with Chelsea also serious contenders for his signature.

NAF Admits Responsibility For Airstrike That Killed 39 Civilians In Nasarawa |

NAF Admits Responsibility For Airstrike That Killed 39 Civilians In Nasarawa Home NAF Admits Responsibility For Airstrike That Killed 39 Civilians In Nasarawa [email protected] -June 07, 2023  A report by Human Rights Watch (HRW) says the Nigerian Air Force (NAF) has finally taken responsibility for a fatal airstrike on Kwatiri, a Nasarawa village.In January 2023, TheC...