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Worried by the inflationary consequences of huge public sector cash withdrawals on the nation’s economy, the Nigerian Financial and Intelligence Unit (NFIU), yesterday, outlawed cash withdrawals from all government accounts effective March 1, 2023 warning that defaulters risk three-year jail term. The NFIU declared that such transactions would now be done electronically in line with … [Read more…]
The Federal Operations Unit Zone A, of the Nigeria Customs Service (NCS) on Thursday, said it intercepted about 156 trailer loads of rice, 656,414 liters of premium motor spirit (PMS) other contraband worth N13,908 billion in 2022. The acting Controller of the Unit, DC Hussein Ejibunu, who stated this while addressing newsmen in Lagos, said … [Read more…]
Fifty-two days to the 2023 general elections on , the Independent National Electoral Commission (INEC), Tuesday, received the last consignment of the Bimodal Voter Accreditation (BVAS) machines. National Commissioner and Chairman Information and Voter Education Committee, Festus Okoye, in a statement said the Commission’s Chairman, Prof. Mahmood Yakubu, National Commissioners and senior officials of the … [Read more…]
A High Court of the Federal Capital Territory has quashed the allegations of fabricated false assets declaration against the Chairman of the Independent National Electoral Commission, Prof. Mahmood Yakubu. The Court went ahead to bar security agencies from investigating him over his valid assets declaration. In an Originating Summons marked FCT/HC/GAR/CV/47/2022 by Somadina Uzoabaka against … [Read more…]
Long vehicular queues may soon return to petrol stations across the country as the Petroleum Tanker Drivers’ Branch of National Union of Petroleum and Natural Gas Workers, (PTD– NUPENG) has threatened strike over alleged illegal activities and high-handedness of security agents, particularly the Military Task Force operating in the Port Harcourt zone of the Union. … [Read more…]
The Obi of Onitisha, Prof. Nnaemeka Achebe, has denied claims by President Muhammadu Buhari’s spokesperson, that he queried former President Olusegun Obasanjo over the Second Niger Bridge. President Buhari through his spokesperson, Garba Shehu had claimed that when Obasanjo sought re-election for his second term in office, he returned to the site of the Second … [Read more…]
President Muhammadu Buhari, yesterday, signed the 2023 budget of N21.83 trillion along with the 2022 supplementary Appropriation Bill into law in the council chambers of the State House. It is the 8th and final budget of the president and has as its themed: ‘Budget of Fiscal Sustainability and Transition.’ The President also asked the lawmakers … [Read more…]
Four policemen were killed yesterday as the convoy of a former governor of Imo state, Mr. Ikedi Ohakim was attacked by gunmen. Ohakim escaped death by whiskers as the vehicle the four policemen were in was burnt by the assailants of the former governor. The gunmen were said to have targeted the former governor but … [Read more…]
The Presidency yesterday attacked former President Olusegun Obasanjo over the latter’s New Year open letter where he openly endorsed the presidential candidate of the Labour Party, LP, Mr Peter Obi, for the February 25 election. Obasanjo had in the letter, told Nigerian youths that the forthcoming election was their turn to take their destiny in … [Read more…]
Constitutional lawyer, Peter Abang, has petitioned the Attorney General of the Federation (AGF) and Minister of Justice, Abubakar Malami (SAN), seeking commencement of criminal inquiry, arrest and prosecution of the Director General of State Security Services (SSS), Yusuf Magaji Bichi, over his alleged role in the foiled plot to frame CBN Governor, Godwin Emefiele, for … [Read more…]
Former President Olusegun Obasanjo has called on Nigerian youths to present a united force and take over leadership control of the nation from the older generation. Obasanjo made the call in a letter he personally signed and made available to newsmen on Sunday in Abeokuta. The News Agency of Nigeria (NAN) reports that the letter … [Read more…]
DESPITE the shutdown of seven private depots, others remained adamant, selling petrol above the N148 per litre official depot price to independent oil marketers nationwide. The regulator, the Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, had last week shut private depots, including Rainoil, Ardova, TCL, Bluefin, and NEPAL, for selling the regulated product in … [Read more…]