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August 20, 2024 Fuel Scarcity: “No Supply Anywhere” IPMAN Holds NNPCL Responsible
IFMNEWS

Fuel Scarcity: “No Supply Anywhere” IPMAN Holds NNPCL Responsible

The Independent Petroleum Marketers Association of Nigeria (IPMAN) claims its members aren't receiving enough Premium Motor Spirit from the Nigerian National Petroleum Company Limited (NNPCL) amidst the ongoing fuel scarcity. With over 3,000 members controlling most of the filling stations nationwide, IPMAN says NNPCL, the sole importer of petroleum products, has failed to supply adequate fuel for the past three years.

Engr. Shina Amoo, Chairman of IPMAN's Ore Depot, stated that there is virtually "no supply anywhere," and the available fuel isn't well-distributed. Independent marketers, who primarily operate in rural and urban areas, are being sidelined in supply distribution. Amoo explained that out of 50 petrol stations, only a handful have fuel, which they purchase at inflated prices between ₦750 and ₦850 per liter from private depots.

He also highlighted the lengthy and bureaucratic process of obtaining fuel directly from NNPCL, which can take up to five months, leading marketers to buy from private depots instead. Amoo criticized the NNPCL's distribution pattern, claiming it favors other marketers over IPMAN. He pointed out that the main issues stem from the fuel subsidy and NNPCL's monopoly as the sole importer. Amoo believes that eliminating corruption in the downstream sector could help reduce fuel prices.

August 19, 2024 Obasanjo Urges Nationwide Agricultural Revolution for Food Security
IFMNEWS

Obasanjo Urges Nationwide Agricultural Revolution for Food Security

Former President Olusegun Obasanjo has urged state governments to prioritize agricultural development, warning that Nigeria's inability to feed itself poses a significant risk to the nation. He made these remarks during a weekend visit to Abeokuta by a delegation of Commissioners and Special Advisers from Niger State.

Obasanjo highlighted that with the availability of modern agricultural equipment, the impact of current agricultural initiatives could surpass those of past efforts. During the visit, the delegation toured a state-of-the-art soilless farm where youths from Niger State are being trained in innovative agricultural techniques for future implementation back home.

The former president praised Niger State Governor Umaru Bago for his efforts to transform the state's agricultural sector, comparing Bago's initiatives to his own "Operation Feed the Nation" policy of 1976. Obasanjo emphasized that achieving agricultural self-sufficiency could elevate Nigeria's current status and significantly improve the socio-economic well-being of its people. He called on other state governors to follow Niger State's example to ensure that Nigeria can produce the majority of its own food.

Obasanjo encouraged Niger State to continue investing in agriculture and to explore modern methods to enhance existing practices. He expressed his intention to visit Niger State with his team to learn from their progress and exchange ideas to further advance his agricultural initiatives.

Additionally, Obasanjo advised Nigerians to consider investing in soilless farming, emphasizing that innovative farming techniques are crucial for sustaining the nation's agricultural productivity.

August 16, 2024 Court Orders Forfeiture of $2.04 Million, Properties, and Shares Linked to Emefiele
IFMNEWS

Court Orders Forfeiture of $2.04 Million, Properties, and Shares Linked to Emefiele

The Federal High Court in Lagos has issued an interim forfeiture order for $2.045 million in cash and several properties linked to the former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele. Justice Akintayo Aluko also ordered the forfeiture of seven properties associated with the suspended CBN Governor.

These properties include two duplexes on Hakeem Odumosu Street, Lekki Phase 1, Lagos, an undeveloped land on Oyinkan Abayomi Drive, Ikoyi, a bungalow on the same street, a four-bedroom duplex on Probyn Road, Ikoyi, an industrial complex under construction in Agbor, Delta State, eight undetached apartments on Adekunle Lawal Road, Ikoyi, and a duplex on Bank Road, Ikoyi. Additionally, the court ordered the interim forfeiture of two shares in Queensdorf Global Fund Limited Trust.

The order followed an application by the Economic and Financial Crimes Commission (EFCC), represented by Senior Advocate of Nigeria, Rotimi Oyedepo. Oyedepo argued that the funds and properties are reasonably suspected to be proceeds of unlawful activities.

He also explained that the application was made under Section 17 of the Advance Fee Fraud and Other Fraud Related Offences Act 2006, Section 44 (2)(B) of the 1999 Constitution, and the court’s inherent jurisdiction.

According to an affidavit from EFCC Investigator Idi Musa, the investigation revealed that Emefiele and his associates engaged in fraudulent activities, including negotiating kickbacks for foreign exchange allocations. These illicit gains were allegedly used to acquire the properties now forfeited. The affidavit also detailed the involvement of Ifeanyi Omeke, a Deputy General Manager at Zenith Bank, who allegedly facilitated the purchase and documentation of these properties on behalf of Emefiele.

The court granted the interim forfeiture after reviewing the evidence and legal arguments presented.

August 15, 2024 NJC Nominates Justice Kekere-Ekun for Chief Justice of Nigeria
IFMNEWS

NJC Nominates Justice Kekere-Ekun for Chief Justice of Nigeria

The National Judicial Council (NJC) has recommended Justice Kudirat Motonmori Kekere-Ekun to President Bola Ahmed Tinubu for appointment as the Chief Justice of Nigeria (CJN).

NJC spokesperson, Soji Oye, disclosed this in a statement on Thursday, stating that the decision was made during the Council’s 106th meeting, which was presided over by the current CJN, Justice Olukayode Ariwoola. The meeting took place on August 14 and 15 in Abuja, just a week before Justice Ariwoola’s retirement as CJN.

"This recommendation is essential as Hon. Justice Olukayode Ariwoola, GCON, will officially retire from his position as the Chief Justice of Nigeria next Thursday, August 22, 2024," the statement read.

Justice Olukayode Ariwoola was appointed as the CJN on September 21, 2022, by former President Muhammadu Buhari. He is set to retire on August 22, upon reaching the mandatory retirement age of 70.

Currently, the Supreme Court has a full bench of 21 Justices, and according to the longstanding tradition of the apex court, the next most senior Justice is typically appointed as CJN. Justice Kudirat Kekere-Ekun, being the most senior Justice on the bench, is the most likely candidate to succeed.

The NJC also recommended "twenty-seven (27) candidates for appointment as Judges of State Courts and one candidate for appointment as Kadi of the Sharia Court of the FCT, Abuja," to their respective State Governors and the President.

The full statement from the NJC is as follows:

The National Judicial Council, at its 106th Meeting presided over by the Hon. Chief Justice of Nigeria, Hon. Justice Olukayode Ariwoola, GCON, held on August 14 & 15, 2024, recommended Hon. Justice Kudirat Motonmori Kekere-Ekun, CFR, to President Bola Ahmed Tinubu, GCFR, for appointment as the Chief Justice of Nigeria.

This recommendation is crucial as Hon. Justice Olukayode Ariwoola, GCON, will officially retire from his position as the Chief Justice of Nigeria next Thursday, August 22, 2024.

The Council also recommended twenty-seven (27) candidates for appointment as Judges of State Courts and one candidate for appointment as Kadi of the Sharia Court of the FCT, Abuja, to their respective State Governors and the President.

 

CHIEF JUSTICE OF NIGERIA

Hon. Justice Kudirat Motonmori Kekere-Ekun, CFR

 

SIX JUDGES, HIGH COURT OF KWARA STATE

Olawoyin, Ibijoke Olabisi

Abdulrazaq, Fatimah Funsho

Folorunsho, Oba Muritala

Dikko, Yusuf Adebayo

Adeniyi, Oluwatosin Adenike

Osuolale-Ajayi, Temitope Olalekan

 

ONE JUDGE, HIGH COURT OF KADUNA STATE

Zubairu, Murtala Ja’afaru

FOUR JUDGES, HIGH COURT OF BENUE STATE

 

Kor, Vincent Tersoo

Ikwulono, Maigida Maimuna

Adagba, Nguhemen Julie

Tor, Damian Tersugh

TWO JUDGES, CUSTOMARY COURT OF APPEAL, BENUE STATE

 

Onche, Ogah Inalegwu

Igba, Theophilus Terhile

EIGHT JUDGES, HIGH COURT OF RIVERS STATE

Onyiri, Frank

Ugoji, Victor Chinedum

Obomanu, Godswill Vidal

Oguguo, Rita Chituru

Fubara, Alatuwo Elkanah

Kokpan, Bariyima Sylvester

Obu, Ibietela Innocent Madighi

Wifa-Adedipe, Lesi

SIX JUDGES, HIGH COURT OF ONDO STATE

Daomi, Williams Adebisi

Fabuluje, Adewumi William

Ogunwumiju, Mobayonle Idowu

Demehin-Ogunbayo, Inumidun Happiness

Kpemi, Ojufisintei Justinah

Adegoroye, Olufunke Adeola

ONE KADI, SHARIA COURT OF APPEAL, FCT ABUJA

Muhammad, Lawal Munir

All recommended candidates are expected to be sworn in after the approval of the NJC recommendations to the President and their respective State Governors.

Soji Oye, Esq.

Director, Information

 

 

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