Nigeria lacks gas to generate 7,000MW —Osinbajo *Court strikes out Saraki’s motion to stop CCT trial ‎


Nigeria lacks gas to generate 7,000MW —Osinbajo

The Vice President of Nigeria, Mr. Yemi Osinbajo, on Monday, lamented that the country does not have sufficient gas to fire the country’s power plants to generate up to 7,000 megawatts (MW) of electricity. This was even as the President of the Nigerian Association for Energy Economics, NAEE, Mr. Wumi Iledare, stated that in line with the current realities in the global petroleum industry and the foreign exchange rate, the price of Premium Motor Spirit, PMS, also known as petrol, in the country should be about N120 per litre. Read more

Court strikes out Saraki’s motion to stop CCT trial ‎

The Abuja Division of the Court of Appeal, on Monday, struck out a motion the Senate President, Dr. Bukola Saraki, filed for an order staying further proceeding on his trial before the Code of Conduct Tribunal, CCT, sitting in Abuja.

‎A three-man panel of Justices of the appellate court led by Justice Abdul Aboki, discarded the motion after it was withdrawn by Saraki’s lead counsel, Chief Kanu Agabi, SAN. Read more

Minister commends Nobel Rugs, advise made in Nigeria

The minister of State for Trade, Industry and Investment, Hajia Aishat Abubakar on Monday advised industries to look inward in order to achieve the made in Nigeria products vision.

The minister gave this advice during an assessment visit to Lucky Fibres Limited, makers of Nobel Rugs and Carpets in Ikorodu, Lagos State. Read more

AGF arraigns nine for N16.7bn stock fraud

Nine officials of Consolidated Discount House Limited were on Monday arraigned before a Federal High Court in Lagos for allegedly perpetrating fraud running into N16, 738,700,401.56 in the organisation between January 1, 2004 and December 31, 2013.

The accused who are being prosecuted by the office of the Attorney General of the Federation are Stephen Akinretoye, Mudashiru Shittu, Larai Claude-Ennin, Hassan  Gbenga, and Ajibola Jolaosho. Read more

DPR, NSCDC storm petrol stations, enforce N86.50 pump price

Officials of the Department of Petroleum Resources and operatives of the Nigeria Security and Civil Defence Corps on Monday compelled filling stations in Bayelsa State to revert to the Federal Government approved price of N86.50.

The operation led by DPR’s State Operations Controller, Mr. Asuquo Antai, and NSCDC’s State Commandant, Mr. Desmond Agu, saw the two federal agencies storming several stations, particularly in Yenagoa metropolis, to enforce the regulated price. Read more

IPOB accuses FG, Appeal Court judges of frustrating Kanu’s case

The Indigenous People of Biafra, IPOB, has accused the All Progressives Congress, APC, led Federal Government, Department of State Services, DSS, and Attorney General of Nigeria Federation of deliberately frustrating the trial of its leader and Director of Radio Biafra Mr. Nnamdi Kanu. Read more

Biafra: A-Court shifts hearing on Kanu, others appeal to May 5

The Court of Appeal sitting in Abuja, on Monday, shifted hearing on the appeal that was lodged by the detained leader of the Indigenous People of Biafra, IPOB, Mr. Nnamdi Kanu, till May 5. Read more

FG Approves 5 Years Expiry Date For Driving Licence

The Federal Government has approved the production of another driving licence that will have a five-year expiry period, the Corps Marshal, Federal Road Safety Corps, Mr. Boboye Oyeyemi, has said.

Oyeyemi, who spoke at a press briefing in Lagos on Saturday, said the decision to have the five-year driving licence was taken by the Joint Tax Board at its 134th meeting held recently in Kano, which was presided over by the Chairman, Federal Inland Revenue Service, Babatunde Fowler. Read more

Uboh, Larmode’s accuser jailed

George Uboh, the man who accused Ibrahim Lamorde, former chairman of the Economic and Financial Crimes Commission (EFCC) of diverting proceeds of recovered assets, has been jailed.

He was on Monday convicted and sentenced to three years imprisonment by S E Aladetoyinbo, justice of the Federal Capital Territory (FCT) high court, Abuja. Uboh was convicted for his role in converting the property of the defunct Police Equipment Foundation to his own use. Read more

Two arraigned for stealing $14m from church

The Police in Ogun on Monday arraigned two men, Akapo Paul,73, and Johnson Shorinnolu,63, for allegedly stealing 14 million dollars belonging to the West African Christian Mission.

They appeared before an Ota Magistrates’ Court The accused, whose addresses are unknown, are facing two-count charge of stealing and conspiracy. Read more

India keen to enhance ties with Tanzania: President Mukherjee

President Pranab Mukherjee on Monday said that India is keen to enhance and strengthen its bilateral ties with Tanzania.

Describing the cooperation between the two countries as multi-dimensional, President Mukherjee said that the aim of both should be to provide mutual benefit to their peoples. Read more

Saudi Shura Council approves demarcation of maritime borders with Egypt

20 killed as Fulani herdsmen invade Enugu community

About 20 persons in Ukpabi Nimbo, an agrarian community in Uzo-Uwani Local Government Area of Enugu State, were feared dead during an attack by Fulani herdsmen on Monday.

It was learnt that scores of armed cattle herdsmen, reportedly numbering more then a hundred, swooped on the sleepy community in the early hours of Monday. Read more

Health minister condoles with NMA over members’ death

Meanwhile, the Minister of Health, Prof. Isaac Adewole, has commiserated with the President and the entire membership of the NMA over the loss of their members. A statement by the Director, Media and Public Relations, Ministry of Health, Boade Akinola, said the minister prayed for the quick recovery of the survivors.

It read, “Our prayers is that almighty God in his infinite mercy will give the family, friends and the entire members of NMA the fortitude to bear this irreparable loss. To the survivors, our prayers is that they will recover soon and get integrated into their normal daily activities. Read more

Benue : Abductors of reverend father demand ransom of N25 million

The police in Benue State are trying  to know the whereabouts of the Vicar General of Otukpo Catholic Diocese, Very Reverend Father John Adeyi, whose abductors are asking for a ransom of N25 million.

Punch investigation reveals that Adeyi who was kidnapped Sunday afternoon as he was traveling from Otukpa in Ogbadibo local government area to Ugbokolo in Opkokwu local government had requested that a ransom of N10 million be released to his abductors but the amount was said to have been rejected by the suspects. Read more

S.A’s MTN pays former CEO $1.6m after resigning over Nigeria fine

South Africa’s MTN paid its former chief executive officer Sifiso Dabengwa 23.7 million rand ($1.6 million) after he resigned over a record fine imposed on the company by Nigerian authorities.

Dabengwa quit in November after Nigerian authorities imposed a $5.2 million fine on MTN’s Nigerian unit in October.

He was awarded a total payout of 40.6 million rand, MTN said in its annual report on Monday. Read more

World Malaria Day: Don’t take drugs without diagnosis, Nigerians urged

Nigerians have been urged to shun the intake of any anti-malaria drug without diagnostic tests.

This warning was given in Lagos, as medical doctors and para-medical personnels stormed the Alimosho Local Government Area of the state, to sensitise residents, as well as diagnose them, in commemoration of the World Malaria Day. Read more








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