Supreme Court judgement on LG autonomy will take effect immediately – AGF

The Attorney General of the Federation and Minister of justice, Lateef Fagbemi, has said the Supreme Court judgement affirming the autonomy of the local government areas will take effect immediately. Mr Fagbemi, who stated this while briefing state house correspondents after meeting President Bola Tinubu, urged the governors to comply with the judgement. Mr Fagbemi…

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Ex- Accountant General Who Allegedly Stolen N 1.6bn in 2 months Begs To Refund

A former acting Accountant General of the Federation, Anamekwe Nwabuoku, and his co-defendant, Felix Nweke, are facing trial for allegedly laundering N1.6 billion. They are being prosecuted by the Economic and Financial Crimes Commission (EFCC) on 11 counts of money laundering. The defendants allegedly committed the crime while Nwabuoku served as the Director of Finance…

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NNPC Eyes New $2bn Crude Oil for Cash Loan to Support Production, Others

The Nigerian National Petroleum Company Limited (NNPC) is contemplating sealing another crude oil-for-cash loan to enable it raise at least $2 billion, with between 30,000 to 35,000 barrels per day repayment option. Two unidentified people familiar with the situation told Reuters. NNPC Group Chief Executive Officer, Mele Kyari confirmed the company’s plan to take the…

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Alleged Fraud : EFCC Witness Tells Court how Fund Were Moved From CBN Through Emefiele’s Wife

An investigator with the Independent, Corrupt Practices and other related offences Commission (ICPC), Michael Agboro, on Monday told the Federal Capital Territory (FCT) High Court in Abuja that Godwin Emefiele, former Governor of the Central Bank of Nigeria, awarded contracts to April 1616 and Architekon Nigeria Limited belonging to his wife and Sa’adatu Yaro, a…

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Tinubu Creates Ministry of Livestock Development To Stop Farmer-Herder Clashes

President Tinubu has inaugurated a livestock reform implementation committee headed by himself with former INEC chairman, Attahiru Jega as co-chair. Tinubu on Tuesday announced the creation of a new Ministry of Livestock Development in a bold move to stop the recurring clashes between herders and farmers resulting in destruction of lives and property across the…

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