Giwa FC kicked out of Nigerian league

Giwa FC has been expelled by the League Management Company (LMC) for failing to honour three consecutive home games for the 2015/2016 season.

The club is owned by Chris Giwa, who is laying claim to leadership of the Nigeria Football Federation (NFF).

The expulsion of Giwa FC, according to the LMC, was a series of infractions.

“Giwa FC is in for breach of NPFL framework and rules for failing to honour three cumulative fixtures without acceptable reason,” it said.

“The three fixtures Giwa FC failed to honour being in Ilorin against Wikki Tourist for match day 14, Akwa United for match day16 and Enyimba for match day 18.

“Giwa FC was banished to Ilorin to play three consecutive home games after disturbances in its match day 12 game with Rangers of Enugu which was not concluded in Jos.

“Giwa FC’s letter to have its game against Enyimba rescheduled failed to meet NPFL provision requesting for a shift in game 72 hours before the said game holds.

“Giwa FC will also pay a fine of N250k as expenses for stadium hire, security and other logistics incurred for the match vs Enyimba.

“For failing to honour the fixture with Enyimba, Giwa FC will pay a fine of N10million.

“Giwa FC to forfeit all monetary earnings due to it this season from the LMC.

“LMC will review the matter of registered players currently contracted to Giwa FC.

“LMC has also said all clubs that have played Giwa FC to date will be fairly compensated in proportional basis.”

Giwa FC has a right to appeal or accept this decision within 48 hours.

The “Elephants of Jos” are the second club to be expelled after the Ocean Boys in 2012.

Comments

FG borrows N3.38bn To Aid Potato Production in Plateau

The Federal Executive Council (FEC) wednesday approved N3.38 billion to boost the production of potatoes in Plateau State. The Minister of Finance, Mrs. Kemi Adeosun, who made the disclosure said the money would be borrowed from Agricultural Development Bank (ADB) with one per cent interest rate and 25 years moratorium. The minister who said the loan was not fresh, explained that it had previously been cancelled by the federal government with the intention to make a fresh request for the loan on behalf of Plateau State which she said was responsible for 95 per cent of potato production in the country. According to her, following ADB’s comprehensive programme on potato production in Plateau State, 100,000 families and 17 local government areas of Plateau State would benefit from the loan while 60,000 jobs would be created by the initiative. “My approval was on behalf of Plateau State to support the potato value chain. There is a loan that we had previously cancelled from ...

Much ado about the foreign reserves - Nonso Obikili

I have received a lot of questions about the Central Bank of Nigeria’s (CBN) foreign reserves recently. The CBN has of course been touting the reserves growing from a low of about $24bn to the approximately $42bn it is now. The questions typically centre around why we are keeping so much in reserve when the economy is struggling, and we have poor infrastructure? Why don’t we use the reserves to reduce the poverty that is rampant? The question typically betrays a little bit of misunderstanding over what the foreign reserves are and how the entire thing works. Hopefully, after reading this we will have a better understanding of what it is and what it can and can’t be used for. First, what is the “Foreign Reserves?” It is the amount of foreign exchange that the central bank has at its disposal at any point in time. Some of this is in cash and some in other liquid assets, that is assets that can quickly be turned to cash. Some of this is in US dollars but sometimes it’s in other c...

The story of how Nigeria’s census figures became weaponized - Feyi Fawehinmi

By Feyi Fawehinmi The story of Nigeria’s 1962 census never gets old. Southern politicians seeking to end the north’s dominance of Nigerian politics decided that the only way to do it was through the census. Population figures at the time determined not only parliamentary representation but also revenue allocation and employee distribution in the civil service. In May 1962, the first census under an independent Nigerian government began. There had been a frenzy of mobilization by politicians in the south of the country using pamphlets, radio, schools, churches and mosques. Although the final results were not made public, the preliminary results were quite clear as to what had happened: the north’s population had gone up from 16.5 million in the last census in 1952 to 22.5 million, an increase of 30%. But in some parts of the east, the population had increased by up to 200% and more than 70% in general. The west also reported an increase of 70%. What the preliminary results showed...

ATTENCAO

Search This Blog