The Former Attorney-General of the Federation (AGF), Abubakar Malami, has been summoned to address questions concerning several suspicious transactions that occurred during his time in office. The following issues are under investigation: An investigation is underway regarding a mysterious payment of $496 million to Global Steel Holdings Ltd (GSHL). This payment was made as a settlement for the termination of the Ajaokuta Steel concession, a full nine years after the Indian company had already waived all claims for compensation. Adding, is Malami’s involvement in the sale of assets worth billions of naira that were forfeited to the Economic and Financial…
Author: Editor Francis
The Federal Government has ignored the Nigerian decision granted by the National Assembly and instead permits the concession of the major airport in the country According to FG, since the decision is given the green light by the Federal Executive Council (FEC), it need no reversal from Nigerians. Recall that the Buhari led Administration put all major International Airport in Abuja, Port Harcourt, and Kano up for concession. The Federal government had announced in a statement that the concession of the airports came after the approval of the Federal Executive Council. In May of this year, the Federal Government, through…
It is incredibly user-friendly and easy to navigate, so if you are a sole proprietor looking for basic accounting software, FreshBooks will meet your needs at a relatively low cost. Its basic plan is in line with QuickBooks Simple Start, at $15 per month. QuickBooks Online is a cloud-based software that can be accessed anytime and anywhere from any internet-enabled device and has monthly subscription options. Meanwhile, QuickBooks Desktop is an on-premise software that needs to be installed on the computer where you’ll use it and is available as an annual subscription. Although it caters to businesses of all sizes,…
Vice-President Kashim Shettima, is scheduled to depart Abuja on Sunday to represent President Bola Tinubu at two significant international Summits in Rome, Italy, and St. Petersburg, Russia. In Rome, Vice President Shettima will participate in the first Stocktaking Moment (STM), Summit with other global leaders. The summit is themed “Transforming Food Systems for People, Planet, and Prosperity” and will take place from Monday, 24th to Wednesday, 26th July, 2023. Shetimma will chair a high-level session themed “Innovative Financing for Food System Transformation: the Case of Nigeria” and the side event on ”Scaling up Multi Stakeholders Collaboration and Investment in the…
The first Monetary Policy Committee (MPC), meeting under President Tinubu’s administration is scheduled to take place from Monday, 24th July, to Tuesday, 25th July. The meeting will address various crucial economic topics, including a review of new naira notes and other significant monetary discussions. During this meeting, the Central Bank of Nigeria (CBN), will convene with key policymakers to assess the country’s monetary stance and deliberate on measures to maintain price stability, promote economic growth, and address any emerging challenges in the financial sector. Among the central issues to be discussed is the evaluation of the recently introduced naira notes…
Twitter boss, Elon Musk said he is set to change the Twitter Logo, he made this known on Sunday in a post. He further revealed that the current ‘bird’ logo may be replaced with the letter ‘X’. In a series of tweets, Musk wrote, “If a good enough X logo is posted tonight, we will make go live worldwide tomorrow.” Musk explains that microblogging logo is “To embody the imperfections in us all that make us unique.”
The residents of Ekpan community in Uvwie Local Government Area of Delta State expressed their appreciation to the police for their efforts in recovering weapons from more than 30 militant youths. The youths reportedly voluntarily surrendered their arms and ammunition at the Ekpan Division of the Nigeria Police. It was gathered that the weapons recovery by the police followed an initiative by the youths leadership and the Divisional Police Command, who championed the campaign for disarmament in the community. It was gathered that over 30 guns ranging from AK47, double barrelled guns, and other assorted rifles including G3, FMC, and…
A federal high court in Lagos has fixed July 25 for the arraignment of Godwin Emefiele, suspended governor of the Central Bank of Nigeria (CBN) In the upcoming court proceedings, Joseph Daudu, a senior advocate of Nigeria (SAN), has been appointed to lead the defendant’s case, while the honorable Nicholas Oweibo will preside as the judge. Recall that the DSS charged him with two counts bordering on alleged possession of firearms.In the first count, Emefiele faces an accusation of possessing a single-barrel shotgun (JOJEFF MAGNUM 8371) without a valid license, which is in violation of Section 4 of the Firearms…
The Lagos Command of the Nigerian Correctional Service Saturday officially confirmed that the Lagos State Government has granted pardon to a total of 30 inmates, subsequently facilitating their release from custody. News Agency of Nigeria reports In an interview with the Newsmen, Mr. Rotomi Oladokun, the spokesperson of the Nigerian Correctional Service (NCoS) Lagos Command, officially confirmed the release of the 30 inmates by the Lagos State Government. Oladokun said the 30 inmates were granted pardon by the Chief Judge of Lagos State, Justice Kazeem Alogba. Consequently, they were released from custody as a result of the Chief Judge’s decision.…
In order to end the uproar in Plateau State and its neighboring states, the military has launched an operation with the codename “Operation Hakorin Damisa IV” in Plateau State. Major General Taoreed Lagbaja, the Chief of Army Staff, officially inaugurated the new operation in Mangu Local Government Area of Plateau State on Saturday. The primary objective of “Operation Hakorin Damisa IV” is to put an end to the series of attacks and killings in both Mangu LGA and other regions within the state.
The National Association of University student has threatened to protest against the recent hike in tuition fees in the country, this is coming days after the University of Lagos,Akoka Lagos increase the tuition fee by about 100 per cent In an exclusive statement titled “Warning Against Tuition Fee Increment,” issued on Saturday, the Chairman of the National Association of University Students (NAUS), Erubami Ayobami, and the National Deputy President, Babalola Daniel, disclosed their opposition to the tuition fee increment. The statement was directed to newsmen as they expressed their concerns regarding the proposed increase in tuition fees at the University…
At approximately 1:35 am on Friday, guards from the Nigeria Air Force on duty at the HQ NADC gate apprehended a cable thief near the airport road, adjacent to the NADC perimeter fence. Three thieves were spotted attempting to dig up the Federal Airports Authority of Nigeria’s underground armoured cable using tools such as a digger, shovel, and cutlass. Upon seeing the guards, the thieves fled the scene, but one of the guards fired a shot at their shoulder, hitting one of the thieves named Usman Musa. A statement issued by FAAN’s Director of Public Affairs & Consumer Protection, Abdullahi…