On Air Now:
Now Playing:Loading...
site loader
December 19, 2023 Court Freezes Oyo Accounts In 10 Banks Over N3.5bn Debt

Court Freezes Oyo Accounts In 10 Banks Over N3.5bn Debt

A High Court of the Federal Capital Territory, Abuja, has issued an order freezing the accounts of the Oyo State Government in 10 commercial banks in the country.

Justice Anitte Ebong issued the order in a ruling on a garnishee proceeding initiated by former council chiefs sacked on May 29, 2019, by Governor Seyi Makinde.

The former council chiefs in 2021 got an N4.9bn judgment against Makinde and other officials and agencies of the state.

The garnishee proceeding, led by Bashorun Ajuwon, was with the intent to recover the balance of N3.5bn, which is outstanding from the actual judgment sum, from which Makinde paid only N1.5bn in 2022.

In a ruling, Justice Ebong ordered the banks to file affidavits and attend the court on the next adjourned date to show cause why the garnishee orders granted should not be made absolute.

The judge awarded N300,000 as a cost against the judgment debtors, ordered that a copy of the order be served on Makinde and others, and adjourned until January 5 next year for a hearing.

December 19, 2023 Tinubu Warns NNPCL Board Against Non-Performance

Tinubu Warns NNPCL Board Against Non-Performance

President Bola Tinubu has charged the Nigerian National Petroleum Company (NNPC) Limited to ensure it takes its corporate social responsibility seriously, as there will be consequences for any slack observed.

While inaugurating the NNPCL Board at the State House, Abuja, the President also warned that conducts suggesting a sense of entitlement will not be tolerated and that the Board could be dissolved without prior notice to members over non-performance.

Pius Akinyelure was appointed non-executive board chairman, while Umar Ajiya was retained as the chief financial officer (CFO.

Also retained was Mele Kyari as the group chief executive officer (GCEO).

The president said the board comprises “people with integrity, charging them on efficiency.

He also assured that the government will work in concert with the NNPCL to improve the fortunes of the oil sector.

On his part, the Chairman of the Board, Chief Pius Akinyelure, commended the President for removing the petrol subsidy, noting that the nation would have drowned in debt but for his decisiveness.

He promised the board would deliver the desired result.

December 19, 2023 INEC To Conduct Re-Run, Bye-Elections February 2024

INEC To Conduct Re-Run, Bye-Elections February 2024

The Independent National Electoral Commission, INEC, has said it will conduct rerun and bye-elections across the country in February next year to fill existing vacancies in the state and federal legislatures.

INEC Chairman, Professor Mahmood Yakubu, stated this at a meeting with leaders of political parties in Abuja.

According to Yakubu, the courts ordered the commission to conduct rerun elections in 34 federal and state constituencies: one in the Senate, 11 federal constituencies, and 22 state constituencies.

He stated that the reruns would be held alongside bye-elections, noting that political parties must conduct fresh primaries within the limited time provided by law.

He added that the commission is looking at the first week of February to conduct the re-run and bye-elections.

December 19, 2023 Fubara, Wike Sign Agreement To Resolve Rivers Crisis After Tinubu’s Intervention

Fubara, Wike Sign Agreement To Resolve Rivers Crisis After Tinubu’s Intervention

The political crisis in Rivers State may have been put to rest after Rivers State governor Sim Fubara and his predecessor, Nyesom Wike, signed a truce agreement at a meeting with President Bola Tinubu at the Aso Villa yesterday.

Also present at the meeting were Vice President Kashim Shettima, the Chief of Staff to the President, Femi Gbajabiamila, former River’s governor, S, and some traditional rulers from the state.

The rift between Wike and Fubara had split lawmakers in the House, with 27 of them decamping from the People’s Democratic Party (PDP) to the ruling All Progressives Congress (APC).

The rift also saw the emergence of the parallel house of assembly sittings, an impeachment plot against the governor, the demolition of the Assembly complex, and a gale of resignations of some commissioners in Fubara’s cabinet.

Following the meeting, the warring parties agreed that all matters instituted in the courts by Fubara and his team be withdrawn immediately.

It was also agreed that all impeachment proceedings initiated against the governor by the Rivers State House of Assembly be dropped immediately, and all parties recognise the leadership of Martin Amaewhule in the Rivers State House of Assembly, amongst others.

The two camps also agreed to recognise the 27 lawmakers who recently resigned from the PDP to the APC.

Callers on Inspiration FM’s breakfast show, The Big Story, shared their opinions on the development.

Watch Live

x
PHP Code Snippets Powered By : XYZScripts.com
X