States to repay bailout loans from allocations

It has been revealed that the bailout package being prepared by the Central Bank of Nigeria for the 36 states of the federation is to be deducted from their statutory allocations.

On Monday revealed that some state governors had started visiting the central bank to discuss modalities on how and when the funds would be released.

It was gathered that the CBN would release the package to the states as concessionary loans to be repaid over a longer period of time rather than the funds being given in form of a grant.

The Presidency said the implementation of the three-pronged financial intervention recently approved by President Muhammadu Buhari to support the states to pay their workers was now in progress.

Newlyweds hit by lightning on a mountain, killing bride

A newlywed couple from Denver were struck by lightning while hiking Mount Yale near Buena Vista, Colorado, on Friday, killing the bride.

The woman was identified as Kathleen Bartlett, 31, of Denver. The man was identified as Ryan Pocius, 32, also from Denver. He was described as being in critical condition.

The lightning strike happened on a Trail at 2 p.m. at an elevation of approximately 12,500 feet, which is about 2,000 feet below the summit.

Police officer allegedly shoots roadside Mechanic in Kogi (Photos)

A police officer from the Okene division in Kogi state allegedly shot a man on his way to his motor mechanics workshop in the early hours of today Monday July 27th. According to eye-witnesses, the victim was on his way to work when the policeman called him but he refused to stop. The policeman allegedly then fired three shots at him, hitting in the leg and other parts. The police officer later said the mechanic had attempted to take his rifle from him but witnesses said this wasn't true as the man was a little far from the police when he was shot.

Rapper The Game acknowledges his baby mama in a sweet post on instagram

The Game and Tiffney Cambridge have been together on/off for years and have 2 children together. They even did a reality show together 'Marrying The Game' where they were supposed to marry but it never happened. Anyway today is Tiffney's birthday and he took to Instagram to write something sweet about her..read below.

Rapper The Game acknowledges his baby mama in a sweet post on instagram

The Game and Tiffney Cambridge have been together on/off for years and have 2 children together. They even did a reality show together 'Marrying The Game' where they were supposed to marry but it never happened. Anyway today is Tiffney's birthday and he took to Instagram to write something sweet about her..read below.

Rapper The Game acknowledges his baby mama in a sweet post on instagram

The Game and Tiffney Cambridge have been together on/off for years and have 2 children together. They even did a reality show together 'Marrying The Game' where they were supposed to marry but it never happened. Anyway today is Tiffney's birthday and he took to Instagram to write something sweet about her..read below.

Rapper The Game acknowledges his baby mama in a sweet post on instagram

The Game and Tiffney Cambridge have been together on/off for years and have 2 children together. They even did a reality show together 'Marrying The Game' where they were supposed to marry but it never happened. Anyway today is Tiffney's birthday and he took to Instagram to write something sweet about her..read below.

A minister in GEJ's govt stole $6billion - Gov. Oshiomole alleges

Edo state governor, Adams Oshiomole has alleged that a minister that served in former president Jonathan's administration stole a whooping $6billion. Governor Oshiomole made the allegation while speaking to state house correspondents after a meeting with President Buhari today.

He said American officials made the alleged fraud known to the Buhari led delegation during the state visit to the US last week.

Photos: See the state of a Nigerian Army barracks

Someone shared these photos on twitter but didn't say where in Nigeria. Quite a sorry site. See more photos after the cut...

Who rocked the black & white jumpsuit: Laura Ikeji vs Kim K

Who rocked it? :-)