UK court to rule on confiscation charge of £100m ‘linked’ to Ibori
A London court is set to rule on the confiscation charge of about £100 million loot allegedly linked to James Ibori, former governor of Delta state. At the hearing on Thursday, the prosecutor asked the court to confiscate £101.5 million traced to Ibori. According to Reuters, Jonathan Kinner, the lead prosecution counsel, […]
Finally, EFCC arraigns Oduah over ‘N5bn fraud’ — 3 years after charge was filed
The Economic and Financial Crimes Commission (EFCC) has arraigned Stella Oduah, former aviation minister, over allegations of fraud. The EFCC alleged that Oduah misappropriated public funds estimated at N5 billion while serving as minister. The charge marked FHC/ABJ/CR/316/2020 was first filed in 2020. Although the case came up for arraignment numerous […]
Subsidy removal: We’ll deploy electric, CNG-powered buses for mass transportation, says Shettima
Vice-President Kashim Shettima says the federal government would vigorously pursue the mass deployment of compressed natural gas (CNG) vehicles in all states for public transportation. Shettima spoke on Thursday while presiding over the National Economic Council (NEC) meeting on the petrol subsidy removal, in Abuja. The move was part of the resolutions […]
‘Cash reward for civil servants, single-digit loans for MSMEs’ — NEC’s plan for post-subsidy palliatives
The National Economic Council (NEC) on Thursday proposed ways of cushioning the impact of petroleum subsidy removal on Nigerians. The council, presided over by Vice-President Kashim Shettima, deliberated for over five hours at the state house. At the end of the session, the NEC proposed implementing a cash transfer programme for […]
Soludo: Governors discussed trimming long convoys — we must knock off waste
Charles Soludo, governor of Anambra state, says members of the nation’s political class have been looking at themselves in the mirror, in the wake of the removal of subsidy on petrol. Soludo said it has become insensitive for state governors to be riding around town in convoys of “20-something cars” for instance. […]
Tinubu creates infrastructure fund for states | Only N907bn from 1.9tr FAAC revenue to be shared
President Bola Tinubu says he has directed that only N907 billion will be distributed among the three tiers of government out of the June distributable revenue of N1.9 trillion. In a statement on Thursday night, Dele Alake, special adviser on special duties, communications and strategies, said the president ordered that the balance of […]
Newspaper Headlines: Governors, NWC may clash over plan to adopt Ganduje as APC chair
Reports on the rejection of the national social register created by the administration of former President Muhammadu Buhari, dominate the cover pages of Nigerian newspapers. Source: Top Stories
Women’s World Cup: Nnadozie’s penalty save earns Falcons draw against Canada
The Super Falcons dug in for a goalless draw against Canada in their first game of the 2023 Women’s World Cup (WWC). A second-half penalty stop by Chiamaka Nnadozie proved crucial against a dominant Canadian side at the Melbourne Rectangular Stadium, Australia, in the early hours of Friday. Randy Waldrum opted for […]
Senate asks FG to stop TCN’s proposal to purchase electricity meters abroad
The senate has asked the federal government to suspend a tender by the Transmission Company of Nigeria (TCN) to purchase electricity meters for the second phase of the national mass metering programme (NMMP) abroad. TCN is said to be looking to purchase the meters through a World Bank facility. The upper legislative […]
NEC dumps FG’s social investment register, says it lacks credibility
The National Economic Council (NEC) presided over by Vice President Kashim Shettima, has dumped the national social register under Muhammadu Buhari’s administration for lack of credibility. The council, instead, proposed the implementation of a cash transfer programme for states based on their social registers and a cash reward policy for public servants for […]