admin
January 12, 2017
[img]http://edostate.com/PF.Base/file/attachment/2017/01/19e3b94825e5a78d609244c4ced7288e_view.jpg[/img] Point of Sales terminal Edo State governor, Mr. Godwin Obaseki, has perfected the modality for the employment of the first set of 10,000 unemployed persons in the state in fulfillment of his electioneering promise to create 200,000 jobs. The governor, who made the disclosure in Benin, said government would introduce the Point of Sales (POS) electronic platform for revenue collection via scratch cards for those who do not have ATM cards. Consequently, Governor Obaseki has directed Heads of Local Government administrations in the state to forward names of contractors initially contracted as revenue collectors to Government House to jump-start the job scheme. A statement, weekend, by the Interim Chief Press Secretary to the Governor, Mr. John Mayaki, said the submission of the contractors’ names was in furtherance of government’s avowed commitment to streamline tax collection in the state. The statement said government’s decision followed Governor Obaseki’s meeting with stakeholders in Government House on Friday. Speaking after the meeting, Chairman of Edo State Internal Revenue Service, Chief Oseni Elamah, said the concerned contractors are those previously selected to collect revenue on behalf of the local governments. He disclosed that the concerned contractors were also required to supply the names of their staff, phone numbers and passport photographs respectively, adding that, “this is with a view to capturing their details in our employment database.”

admin
December 13, 2016
[img]http://edostate.com/PF.Base/file/attachment/2016/12/18817e64d5159b0e28a020b8d4918bb1_view.jpeg[/img] Phill-Hallmark Supermarket BENIN—THE biggest shopping mall in Benin, Edo State capital, Phil Hallmark Shopping Mall, was, yesterday razed by fire, even as Governor Godwin Obaseki has said there would be full investigation to unravel the immediate and remote cause(s) of the fire. [img]http://edostate.com/PF.Base/file/attachment/2016/12/01c8f5bc193212de86f0ba052a429889_view.jpg[/img] Godwin Obaseki, Governor of Edo State The governor, who spoke when he paid an on-the-spot assessment visit to the scene, also said investigation would be conducted into the activities of the state fire service. Obaseki described the damage as catastrophic and a major disaster. According to him, ”this incident happening at this time of the year is a catastrophe. I have asked for a written report and investigation into the cause of the fire. “We will also investigate the claim by an official of the state Fire Service on the allegation of lack of equipment. “I understand that trucks were distributed by the NDDC and the state government during the last administration.” Earlier, Managing Director of the mall, Mr. Philip Edigin, said the fire started at midnight and lamented that all efforts to get the state fire service proved abortive, as an unnamed official told him there was no diesel to work. According to him, he was later able to get help from the Nigeria Air Force Fire Service, IDSL NPDC and UNIBEN, before the state fire service arrived at 6a.m. By: Gabriel Enogholase

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October 24, 2016
[img]http://edostate.com/PF.Base/file/attachment/2016/10/a5e3cff95cee9de75a8732a04b2aa0ef_view.png[/img] Protesters on Monday blocked the Uselu/Ugbowo section of the Benin-Lagos highway over plans by Egor Local Government Area of Edo to relocate traders. The protesters, under the aegis of Uselu Market Women Association, were resisting the directive to move to lock-up stores built by the council. The women, displaying placards, blocked both sides of the highway, preventing motorists from continuing with their trips. Some of the women said the N1.2 million charged for the stores was too expensive for them, especially given the type of businesses most of them has. The women said their problem was compounded by the action of the local council, which commenced the removal of their make shift shops on Monday. Mrs Celena Okon, one of the market women, described the council’s action ”as an act of wickedness”, in view of the current economic situation in the country. “What am I selling that you will force me to pay over a Million Naira for a single store? I believe they should consider the worth of our businesses individually. “Where do you expect a woman who sells only crayfish or tomatoes to get such a ridiculous amount of money to pay, when in actual fact most are in dire need of additional funds to grow their businesses,” Okon said. Another market woman, Mrs Imade Osifo, who described the situation as pathetic, said their decision to barricade the highway was for the world to know what they were going through. She said, “They want to force us to go into the stores and we have told them that we cannot afford the stores; that is why they are destroying our businesses.” Mrs Osifo also alleged that the council was ”insensitive to them”, especially against the backdrop of the different fees levied to allow them do business in the market. “When the plan to construct these lock-up stores came up, they (Council) told us that the prices will be pocket friendly, especially to some of us involved in petty trading. “But what do we have now, N1.2 million for a store is a price that most of us cannot afford; there is no way many of us can afford that now. “Even if the country’s economy was okay, how do you expect a woman who sells only salt and Maggi to generate such,” Osifo asked. All efforts to get authorities of Egor local council to comment on the situation proved abortive, as the Council’s Head of Service was said to be unavailable. When contacted on telephone, the Council’s spokesman, Mrs Prisca Ebvadiaro, said she was not in the position to comment on the matter. “I cannot speak on this; there is a committee that has been set up and as such, I cannot speak on it,” Ebvadiaro said. As at the time of filing the report, several motorists were stranded on the highway while other commuters have resorted to trekking to get to their destination. The women resisted attempts by the police to get them off the road. By: Ezekiel Enejeta

admin
August 25, 2016
[img]http://edostate.com/PF.Base/file/attachment/2016/08/e47a0c9752c416ab3c74b93f709eee22_view.jpg[/img] LAGOS, Aug 25 (Reuters) - Nigeria's naira was quoted at an all-time low of 409 to the dollar on the black market on Thursday, compared with 402 the previous day, after the suspension of some banks from forex trading made dollars even harder to obtain. [img]http://edostate.com/PF.Base/file/attachment/2016/08/f335c5ef553174a889b3307807151a8f_view.jpg[/img] The central bank suspended nine commercial banks from forex transactions on Tuesday for failing to pay money owed to the government - although one was readmitted after making a payment. Shares in some of the banks hit dropped by up to 7.8 percent. Traders said the local currency fell due to the impact of the suspensions, compounding the dollar shortages Nigeria has been suffering due to the slump in the price of its oil exports. [img]http://edostate.com/PF.Base/file/attachment/2016/08/c6e3a04222732c125a6989caee611f28_view.jpg[/img] "The suspension of some banks from transaction in the forex market has really increased pressure on the market," said Aminu Gwadabe, president of the bureaux de change association. Bank executives have been meeting central bank officials to resolve the forex issue as investors continued to dump their shares second day. Skye Bank fell the most of those suspended from foreign exchange transactions, shedding 7.81 percent, followed by Fidelity Bank down 3.0 percent. FBN Holdings shed 1.9 percent while Diamond Bank and FCMB were down 0.8 percent. The falls pulled the main index down 1.8 percent. On the interbank market, the currency gained 0.2 percent to close at 305 naira to the greenback with traders attributing the rise to central bank dollar sale to prop up the unit. The bank has been selling dollars almost daily to boost liquidity. [img]http://edostate.com/PF.Base/file/attachment/2016/08/fe6ee0360148c3160f34fbd085039a11_view.jpg[/img] However, currency forwards put the naira at 344.50 to the dollar in one months' time. On Thursday, the central bank settled $152.48 million of naira futures contracts it sold in June at an exchange rate of 279 naira per dollar, further draining its reserves, which is at its lowest in more than 11-years. [img]http://edostate.com/PF.Base/file/attachment/2016/08/1487df770b604009abbef58fd2dc77e0_view.jpg[/img] In June, the central bank abandoned its currency peg to the dollar, allowing the naira to weaken by 40 percent in a bid to attract more foreign investment. But so far trading in the official foreign exchange market has been limited as those with dollars prefer to sell them for a higher rate on the black market. (Reporting by Oludare Mayowa; Additional reporting by Chijioke Ohuocha; Editing by Alison Williams) [img]http://edostate.com/PF.Base/file/attachment/2016/08/9a95a38b3c26d1b139ce69993faaa089_view.jpg[/img]