Politics |

November 29, 2023

November 29, 2023November 29, 2023 IFMNEWS

Court Adjourns Emefiele’s Case Till January 18

The Federal Capital Territory High Court has adjourned till January 18, 2024, to continue the trial in the alleged procurement fraud suit against former Central Bank Governor Godwin Emefiele.

Emefiele is accused of using his position to confer a corrupt advantage on a CBN staff member, Sa’adatu Yaro, by awarding a contract to procure 43 vehicles worth N1.2 billion between 2018 and 2020.

He pleaded not guilty to the charges and was remanded at the Kuje Correctional Center pending a ruling on his bail application last Wednesday.

Justice Hamza Muazu, however, granted Emefiele bail in the sum of N300 million. But he is yet to meet his bail conditions, as he was brought to court and taken away by armed personnel of the Nigerian Correctional Service.

At the resumed hearing, the prosecution witness, who is a top official of the Corporate Affairs Commission (CAC), told the court that Emefiele was not the owner or a shareholder of April 1616 Investment Limited, awarded a N1.2bn vehicle supply contract by CBN under his leadership.

November 28, 2023

November 28, 2023November 28, 2023 IFMNEWS

CJN Urges Judges To Remain Fair In Judgements

The Chief Justice of Nigeria (CJN), Justice Olukayode Ariwoola, has asked judges to maintain the integrity that the judiciary is known for and remain fair and firm in their judgments.

The CJN stated this while speaking at the opening of the special session of the 2023–2024 legal year and swearing-in of 58 newly conferred Senior Advocates of Nigeria (SANs) in Abuja.

Ariwoola added that he expects every judicial officer to work very hard, be honest and courteous to the litigants, witnesses, and members of the bar, and discharge all their judicial functions with all humility, not pandering to public emotions.

Minister of Justice and Attorney General of the Federation (AGF), Lateef Fagbemi, spoke on the need for judicial reforms.

President of the Nigerian Bar Association, Yakubu Maikyau, speaks on the challenges facing the judiciary in recent times.

November 28, 2023

November 28, 2023 IFMNEWS

Reps Probe Mismanagement Of Covid-19 Funds

The House of Representatives Committee on Public Accounts has kicked off a full-scale probe into the alleged mismanagement of the COVID-19 intervention funds by government ministries, departments, and agencies (MDAs).

It would be recalled that last month, a member of the House, Nyampa Zakari, moved a motion for the probe of MDAs, accusing them of mismanaging funds totalling 183.9 billion naira meant to address the COVID-19 pandemic from 2020 to 2023.

Addressing the opening session, the Committee Chairman, Bamidele Salam, warned MDAs that the Committee would not listen to pleas for an extension of time, adding that the Committee is not after any individual or groups and will be diligent in carrying out its assignment.

This is just as the lawmaker charged the Office of the Accountant-General of the Federation to make relevant and competent personnel available to assist the committee in delivering its assignment.

Some of the MDAs that appeared before the Committee were Abubakar Tafawa Balewa University Teaching Hospital, Bauchi; the Federal Ministry of Communication, Innovation, and Digital Economy; the Federal Ministry of Agriculture and Food Security; the Federal Ministry of Water Resources; and the Federal Road Maintenance Agency, among others.

November 28, 2023

November 28, 2023November 28, 2023 IFMNEWS

Tinubu Names Akinyelure NNPC Chair, Reappoints Kyari CEO

President Bola Tinubu has retained Mele Kyari as the Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPCL) and appointed Pius Akinyelure as the Non-Executive Board Chairman of the organisation.

In a statement, Presidential Spokesperson Ajuri Ngelale said the duo is part of the new board and management of the NNPCL.

Ngelale stated that their appointment, which complies with Section 59(2) of the Petroleum Industry Act, 2021, takes effect on December 1, 2023.

Apart from Kyari and Akinyelure, other members of the board and management include Umar Isa Ajiya (Chief Financial Officer), Ledum Mitee (Non-Executive Director), and Musa Tumsa (Non-Executive Director), among others.

President Tinubu also approved the appointment of Okokon Ekanem Udo as the Permanent Secretary for the Federal Ministry of Finance and Ambassador Gabriel Aduda for the Ministry of Petroleum Resources.

Callers on our breakfast talk show, The Big Story, commented on the re-appointment of Kyari by the President.

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Category: Politics

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