Tag: nigerian energy
Court Orders EFCC Probe Into Abia LGA Funds Allocation From 2019-2023
A High Court of the Federal Capital Territory, sitting at Apo, has ordered probe into how funds allocated to 17 Local Government Areas, LGAs, in Abia State from 2019 to 2023, were expended. The court, in the ruling that was delivered by Justice Bello Kawu, further directed the Economic and Financial Crimes Commission, EFCC, to…
“We Heard a Loud Bang”: Passengers Describe Harrowing Experience On Max Air Emergency Landing
A Max Air flight bound for Abuja was forced to make an emergency landing at Muhammadu Buhari International Airport in Maiduguri on Wednesday after one of its engines was damaged by a suspected bird strike. The incident occurred just 10 minutes after the plane took off from the airport. Over 100 passengers, including Borno State…
FCCPC Investigating Air Peace Over Consumer Rights Violations
The Federal Competition and Consumer Protection Commission (FCCPC) has insisted that the Commission is investigating Air Peace over complaints relating to consumer rights violations. In the same vein, FCCPC categorically refutes a story entitled “FG not investigating Air Peace—FCCPC” making the rounds on some media platforms, particularly online, which has been falsely attributed to the…
‘Not Fantasy, But Reality’: Kyari Confirms Port Harcourt Refinery Now Producing Products
The Group Chief Executive Officer of the Nigerian National Petroleum Corporation Limited (NNPCL), Mele Kyari, has reassured Nigerians of the functionality of the Port Harcourt Refinery, emphasizing that it is fully operational and producing products. Kyari on Wednesday reiterated NNPCL’s commitment to reviving Nigeria’s refining capacity and dismissed doubts about the refinery’s performance. “The Port…
Court Hands 10-Year Sentence To Pastor Couple For Defrauding Late Parishioner’s Estate Of ₦52 Million
An Ikeja Special Offences Court sentenced husband and wife, Harry and Kristen Uyanwanne, to 10 years in prison on Wednesday for stealing N52 million through their church, Temple International Church. The court also ordered the church to be deregistered and closed down. The Economic and Financial Crimes Commission (EFCC) charged the couple and their church…
EFCC Arraigns Two Brothers For Allegedly Defrauding American Of Over $43,000 And N18 Million
The Enugu Zonal Directorate of the Economic and Financial Crimes Commission (EFCC), on Thursday, November 28, 2024, arraigned two biological brothers, namely Ajim Kerison Onubuogu and Ajim Tochukwu Christian, for allegedly defrauding Chebet Chumba, an American the sums of $43,850 and N18,675, 133.75, respectively. The defendants were arraigned before Justice Mohammed Garba Umar of the…
Netflix Halts Commissioning And Funding Of Nigerian Originals, Impacting Nollywood
Netflix, the global streaming giant, has ceased commissioning, acquiring, and funding Nigerian original content as of November 2024. This decision comes nearly two years after its main competitor, Amazon Prime Video, made a similar move in January 2024, reducing resources allocated to Africa and the Middle East to focus on European originals. The news was…
Counsel Undertakes To Produce Ex-AMCON MD In Court, Seeks Suspension Of Bench Warrant
Olasub Shasore, SAN, the counsel representing Ahmed Lawal Kuru, the former Managing Director of Assets Management Corporation of Nigeria (AMCON), has written to the Chairman of the Economic and Financial Crimes Commission (EFCC), undertaking to produce his client in court on the next adjourned date. Shasore also appealed for the suspension of the bench warrant…
FG Charges Nigerdock, 7 Directors With N68.7M Tax Evasion
The Federal Government has filed a 6-count criminal charge against Nigerdock Nigeria Limited and seven of its directors over alleged tax evasion. The charge dated November 26 was filed at the Federal High Court, Lagos. The seven directors listed alongside Nigerdock Nigeria Limited in the charge are Maher Jarmakani, Adewale Akanbi, Michael Akhigbe, Daniel Ayscough,…
EFCC Witness: Kwara Govt Misappropriated N5B UBEC Funds Under Ex-Gov Ahmed
The trial of the immediate-past governor of Kwara State, Alh Abdulfatah Ahmed and his Finance commissioner, Engr. Ademola Banu over alleged stealing and mismanagement of public funds to the tune of N5.78billion got proceeded on Wednesday before Justice Mahmud Abdulgafar of the Kwara State High Court, siting in Ilorin. The erstwhile governor and his finance…
Paradigm Initiative Sues NIMC, CBN, Others Over Alleged Data Breach Affecting 43 Million Citizens
Paradigm Initiative, a leading digital rights advocacy organisation, has revealed the scale of an alleged data breach affecting 43 million Nigerians, even as it has taken legal action against the National Identity Management Commission (NIMC), Central Bank of Nigeria (CBN) and other government agencies, alleging systemic violations of citizens’ digital rights, including failures in data…
Witness: Chrisland School Absent During Stadium Inspection After Student’s Death
The trial of Chrisland School and some of its teachers for the death of one of its students, the late Whitney Adeniran resumed on Wednesday at the Lagos High Court, Ikeja with the testimony of the 4th prosecution witness, Wahab Ariyo, an officer with the Lagos State Safety Commission. While answering questions under cross-examination from…
“No Mass Retirements”: CBN Says Early Exit Package Is Voluntary, Not Forced Retirement
The Central Bank of Nigeria (CBN) has refuted claims of enforcing mass retirements, clarifying that its newly introduced Early Exit Package (EEP) is entirely voluntary and without negative implications for eligible employees. In a statement issued on Wednesday, the Acting Director of Corporate Communications, Mrs. Hakama Sidi Ali, explained that the decision to implement the…
FAAN Boss Launches “Operation AirClean” To Combat Airport Extortion
Says “Airport Not A Place To Make Money” The Managing Director/Chief Executive of the Federal Airports Authority of Nigeria (FAAN), Mrs. Olubunmi Kuku, has convened a crucial meeting with the heads of all security agencies at Murtala Muhammed Airport (MMA) in Lagos, warning the officials to stop the habit of soliciting for kickbacks and tips…
Court Dismisses Claim Of Unlawful Salary Stoppage, Orders Refund Of N374,502
Hon. Justice Osatohanmwen Obaseki-Osaghae of the Abuja Judicial Division of the National Industrial Court has refused the allegation of unlawful stoppage of salary claimed by one Innocent against the National Council for Arts and Culture, Chairman of the Governing Board and the Accountant General of the Federation for lacking merit. The Court declared that Innocent…
Google, Microsoft, TikTok, Others Pay Staggering N2.55 Trillion In Taxes In Nigeria’s First Half Of 2024- — NITDA
The National Information Technology Development Agency (NITDA) has revealed that foreign digital companies operating in the country, including Google, Microsoft, and TikTok, among others, paid a total of N2.55 trillion in taxes in the first half of this year. The Agency disclosed this in a statement issued on Tuesday by its Director of Corporate Communications…
Dele Farotimi Remanded For Alleged Defamation Of Afe Babalola SAN In Book On Judicial Corruption
An Ado-Ekiti Magistrate court on Wednesday remanded a Lagos based human rights lawyer, Dele Farotimi over an alleged case of defamation against Aare Afe Babalola SAN the founder of Afe Babalola University. Farotimi, who was arrested at his chamber in Lagos on Tuesday by officers from Ekiti State Police Command, was arraigned for allegedly publishing…
Banks Raise Over-The-Counter Withdrawal Cap From N5,000 To N50,000
Deposit Money Banks in the Federal Capital Territory have increased their maximum over-the-counter withdrawal limit to N50,000 per day. A survey conducted by our correspondent on Tuesday revealed that banks, including Guaranty Trust Bank and Zenith Bank, have increased the withdrawal limit, enhancing it from N5,000 that was allowed to customers last month. At the…
After 19 Years, Court Faults EFCC’s Handling Of Land Dispute, Orders Multi-Shelter Ltd To Vacate Property
*Awards N201M For Title Verification Negligence After 19 years of legal dispute, the Chief Judge of the High Court of the Federal Capital Territory (FCT), Justice Hussein Baba Yusuf, has ordered Uche Okoli and his property firm, Multi-shelter Nigeria Limited to vacate a property located at Plot No. 713, Cadastral Zone B14, Dutse District, Abuja,…
Aero Contractors Slashes Airfares To N80,000 Minimum For Yuletide Season
Nigeria’s oldest aviation company, Aero Contractors, has slashed its airfares to a minimum of N80,000 for local flights during Yuletide season. The airline’s managing director, Ado Sanusi, who disclosed this to newsmen in Lagos, on Tuesday, described the cut in the price of airfares as ‘pocket friendly’ saying it was aimed to ease air travellers…