On Wednesday, the Federal Government finally announced the scrapping of the controversial fuel subsidy regime and declared that every Nigeria is now free to import fuel into the country as long as the product meets “existing quality specifications and other guidelines issued by Regulatory Agencies.” The government further said Premium Motor Spirit, also known as…
Chairman of Etoks Communications, Deacon Iyke Kanu has lauded Lagos State governor, Akinwumi Ambode, for his leadership styles, giant strides in developing infrastructures around the state and quick response to emergency without ambiguity. Kanu made the call during a courtesy visit on the governor in Alausa last Thursday where he sued for peaceful co-existence between…
The newly elected Chairman of Ogun State chapter of the Peoples Democratic Party, Hon Sikirulai Ogundele, has assured supporters of the party and people of the state that the party is working assiduously to regain power and put the state on the path of glory come 2019. Ogundele and 26 other executive members that will…
One of the major financial institutions in Nigeria, Sterling Bank Plc, has clarified that it did not hold account for a public officer from the previous administration to which the visit of the EFCC to its head office in Lagos has been linked either officially or otherwise. The clarification, Sterling Bank said, became necessary following…
The Nigerian Labour Congress, NLC, has kicked against the removal of fuel subsidy by the Federal Government, which has now led to a new pump price of N145 per litre. The labour union in a statement issued on Wednesday disclosed that it would resist the increment because the action “represents the height of insensitivity and…
The Lagos State Government says it has paid accrued pension rights totalling N48 billion to over 10,300 retirees to underscore its commitment to improve the welfare and well being of former staff. The Commissioner, Ministry of Establishments, Training and Pensions, Dr. Benson Oke Akintola, who stated this on Tuesday while speaking at the 10th Retirement…
Governorship aspirant of the Peoples Democratic Party, PDP, in Edo state, Pastor Osagie Ize-Iyamu, was arrested by operatives of the Economic and Financial Crimes, EFCC. Ize-Iyamu was apprehended on Tuesday in Port Harcourt, Rivers State, over allegations of financial impropriety. It was gathered that the man hoping to take over the Edo Government House from…
A prosecution witness, Wakili Dauda, in the ongoing trial of a former Director-General of the Nigerian Maritime and Safety Agency, NIMASA, Patrick Akpobolokemi, and six others, has told a Lagos State High Court how the agency paid him the sum of N96, 764, 689.00million( Nine-six Million Seven Hundred and Sixty-four Thousand Six Hundred and Eighty-Nine…
A former Minister of Mines and Steel, Arch. Musa Muhammad Sada, has told the Economic and Financial Crimes Commission, EFCC, his involvement in the alleged N23.29bn poll bribery scandal. Sada is one of the former ministers in the administration of former President Goodluck Jonathan who are being investigated by the anti-graft agency. During investigation, Sada…
The Economic and Financial Crimes Commission, EFCC, has arraigned a suspected internet fraudster, Okeke Fred, before Justice O. Tokode of the Federal High Court, sitting in Benin City, Edo State. The man was arraigned on a three-count charge bordering on Internet fraud, impersonation and possession of scam documents. One of the charges reads: “That you,…