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August 19, 2024 Fuel Scarcity Sparks Gridlock and Long Queues in Lagos

Fuel Scarcity Sparks Gridlock and Long Queues in Lagos

Fuel queues have reappeared in various parts of Lagos due to a shortage of petroleum products in Nigeria’s commercial hub. In some areas, motorists were seen lining up in queues that extended into the streets, leading to traffic congestion around filling stations.

The price of a litre of fuel has surged to between N800 and N1,000 at some stations, causing transportation costs to rise. Many filling stations have stopped selling fuel altogether, while black market dealers have seized the opportunity to conduct brisk business.

This fuel scarcity isn't confined to Lagos; several states in northern Nigeria are also facing persistent shortages. In response, the Federal Government, through the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), has threatened to revoke the licenses of filling stations hoarding fuel.

In a tweet, the agency stated, “NMDPRA embarks on a war against the illegal sale of petroleum products, especially PMS in jerrycans. Filling stations are advised to desist from servicing illegal peddlers; failure to do so would result in the suspension of retail licenses.”

Last month, the Nigeria National Petroleum Company Limited (NNPCL) attributed the scarcity to disruptions in the discharge operations of several vessels. NNPCL spokesperson Olufemi Soneye explained that the tight fuel supply and distribution in parts of Lagos and the Federal Capital Territory (FCT) were due to these operational issues. He also mentioned that the situation was exacerbated by flooding along truck routes, which hindered the movement of PMS from coastal areas to Abuja. Despite these challenges, he assured Nigerians that the NNPCL is actively working to resolve the situation.

August 19, 2024 Rangers and Remo Stars Kick Off CAF Champions League with Victories

Rangers and Remo Stars Kick Off CAF Champions League with Victories

Nigerian clubs Enugu Rangers and Remo Stars kicked off their CAF Champions League qualifying campaigns with victories on Sunday, aiming to become the first Nigerian champions since 2004.

Frank Uwumiro scored midway through the first half, securing a narrow 1-0 ‘away’ win for Enugu Rangers against Zilimadjou of the Comoros in Uyo. Due to the Comoros lacking an international-standard stadium, both legs of the first-round, first-leg match were held in the southeastern Nigerian city. Rangers, who won the now-defunct African Cup Winners Cup in 1977, hope to replicate the success of back-to-back CAF champions Enyimba, the only Nigerian team to have won the competition.

Remo Stars also impressed, overcoming a setback early in the second half to secure a 2-1 victory over former African champions FAR Rabat of Morocco in Ikenne. Nduku Junior's first-half goal for Remo was canceled out by Joel Beya, originally from the Democratic Republic of Congo, six minutes into the second half. However, Ismaila Sodiq restored Remo’s lead in the 66th minute, and the team held on to this advantage, setting up an intriguing return leg on August 25 in the Moroccan capital.

Meanwhile, Egyptian clubs continue to dominate the competition, with 12-time champions Al Ahly leading the pack. Pyramids FC, another Egyptian team, signaled their strong intentions this season by thrashing JKU of Zanzibar 6-0, with Mohanad Lasheen scoring twice. Al Ahly, having received a bye into the second round scheduled for September, will face either Merreikh Bentiu of South Sudan or Gor Mahia of Kenya. Bentiu stunned Gor, the only Kenyan club to have won a CAF competition, by taking a 1-0 lead in Juba with a second-half goal from Mohammed Musa.

Elsewhere, Orlando Pirates, the first South African team to win the Champions League, played out a 0-0 draw away to debutants Disciples of Madagascar. Newcomers Samartex of Ghana look poised to advance to the second and final qualifying round after Emmanuel Mamah’s goal just after half-time secured a 1-0 away victory over Victoria United of Cameroon.

August 16, 2024 American Rapper BeatKing Passes Away at 39

American Rapper BeatKing Passes Away at 39

Popular American rapper and music producer, Justin Riley, widely known as BeatKing, has passed away. He died on Thursday, August 15, 2024, at the age of 39.

His death was announced by his manager, Tasha Felder, in an Instagram post. "Today, August 15, 2024, we have lost BeatKing," she wrote. "BeatKing has been the life of the club for over a decade. He produced and collaborated with so many artists that his sound will live on forever. He loved his music, his daughters, and his fans. We will love him forever."

BeatKing, who was based in Houston, is survived by his two daughters and his partner, Talameshia.

 

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

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.

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