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COURT ORDERS FORFEITURE OF PROPERTIES AND SHARES LINKED TO EMEFIELE.

A Federal High Court in Lagos, headed by Justice Akintayo Aluko has ordered the interim forfeiture of a cash sum of 2 million dollars linked to the immediate past Governor of the Central Bank of Nigeria, CBN, Godwin Emefiele. Justice Aluko equally ordered the interim forfeiture of both two shares of certificates of Queensdorf Global Fund Limited Trust and seven landed properties linked to Emefiele. The Judge, gave the order yesterday […]

todayAugust 16, 2024

National

PRESIDENCY TAKES LEGAL STEPS TO RECOVER THREE SEIZED PRESIDENTIAL JETS IN FRANCE

The Nigerian government, through the National Security Adviser, NSA alongside Attorney General of the Federation and minister of Justice has initiated both diplomatic and legal actions to recover three presidential aircraft seized in France over outstanding debts. The presidency had earlier raised concerns about an attempt by a Chinese firm, Zhongshan Fucheng Industrial Investment Co. Limited, to seize Nigeria’s presidential jets undergoing routine maintenance in France.  Reports had suggested that the […]

todayAugust 16, 2024

National

PRESIDENCY APPROVES IMPLEMENTATION OF IMPORT DUTY WAIVER ON FOOD ITEMS.

President Bola Tinubu has approved the implementation of a Zero Percent Duty Rate, and Value Added Tax, VAT, exemption on selected basic food items.  Spokesperson of Nigeria Customs Service NCS, Abdullahi Maiwada in a statement yesterday, said the presidential approval was communicated through the Minister of Finance and the Coordinating Minister of the Economy, Olawale Edun.  The Customs spokesman, remarked that the policy which took effect from 15th July 2024 […]

todayAugust 15, 2024

National

ABIA ASSEMBLY SWEARS IN UZODIKE AS LAWMAKER, NINE MONTHS AFTER COURT VERDICT. 

The Abia House of Assembly has sworn in Aaron Uzodike of the Peoples Democratic Party, PDP as lawmaker for Aba North State Constituency in the Abia State House of Assembly.  Recall that a Lagos state court of appeal had on November 27, 2023 declared Uzodike, winner of the March 25, 2023 Abia state Assembly election and further ordered the immediate withdrawal of the Certificate of Return earlier issued to Destiny Nwagwu of the Labour […]

todayAugust 14, 2024

National

MINISTER OF SOLID MINERALS CLAIM PROTEST SPONSORS PLAN TO UNDERMINE NATION’S DEMOCRACY.

The Minister of Solid Minerals Development, Dele Alake, has alleged that sponsors of the End Bad Governance protest were plotting to undermine the nation’s democracy.   Alake stated this yesterday shortly after the Council of State meeting, which was attended by former Chief Justices of the Federation, former Presidents and past Heads of State, including Goodluck Jonathan and Muhammadu Buhari who were physically present while Yakubu Godwin and Abdulsalami Abubakar joined […]

todayAugust 14, 2024

National

PRESIDENT TINUBU SIGNS 300 PERCENT SALARY INCREASE FOR JUDICIAL OFFICERS 

President BOLA TINUBU has signed into law a bill seeking a 300 percent increase in salaries and allowances for judicial officials.  A statement by the Special Adviser to the President on Senate Matters, BASHEER LADO, said the development underscores president TINUBU’s prioritization of the welfare of Nigerian workers. LADO said the new Act prescribes salaries, allowances, and others, for Judicial Officers to reflect the changing realities and consequentially amend the provisions […]

todayAugust 14, 2024

National

SENATE DENIES CLAIMS OF DETERMINING THEIR SALARIES AND ALLOWANCES

The Nigerian Senate has vehemently denied allegations that it is involved in determining its salaries and allowances or received special fiscal packages from the Presidency. The claim, which reportedly emerged during a recent visit by members of the House of Representatives to former President Olusegun Obasanjo, has sparked widespread public debates. However, the Senate Spokesman, Yemi Adaramodu, in a statement released yesterday in Abuja, described the allegations as an attempt […]

todayAugust 12, 2024

National

FEDERAL GOVERNMENT LIFTS BAN ON ARIK AIR OPERATIONS

The Federal Government has lifted the suspension on the operations of Arik Air, barely a week after the airline was grounded.  The Director of Public Affairs and Consumer Protection at the Nigerian Civil Aviation Authority (NCAA), MICHAEL ACHIMUGU, disclosed this in a statement on X, saying that the dispute between Atlas Petroleum and Arik Air which necessitated the grounding of the airlines operations has been resolved.  He added that Arik Air passengers can now check-in […]

todayAugust 9, 2024

National

CHIEF OF DEFENCE STAFF URGES ECOWAS DEFENCE CHIEFS TO UPHOLD DEMOCRATIC VALUES

The Chief of Defence Staff (CDS), General CHRISTOPHER MUSA, has charged ECOWAS Defense Chiefs to always uphold democratic values.  General MUSA, who gave the charge yesterdayat the 42nd Ordinary Meeting of the ECOWAS Committee of Chiefs of Defence Staff in Abuja,lamented military takeover in some West African countries, saying it has created unintended consequences and threatened democratic values in the region.  He also stressed the need to put an end to the threat of military […]

todayAugust 8, 2024

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