A Federal High Court in Lagos on Friday fixed Dec. 30 to decide the fate of a Briton, Gareth Wilcox, and four others, charged with N15 billion fraud. Wilcox, a former Managing Director of Ibom Power Company and LYK Engineering Company, is standing trial alongside Prince Johnson Adebami and Uche Uwechia, on a 21-count charge. Adebami is a former Managing Director of the defunct Gulf Bank Plc, while Uwechia is a former legal adviser to the bank. Also charged with the accused are Ibom Power Company and LYK Engineering Company, owned by Wilcox. The trial judge, Justice Mohammed Yunusa, fixed…
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An Ikeja High Court on Friday dismissed three applications filed by an oil marketer, Abdullahi Alao, who is being prosecuted for an alleged N1.1 billion fuel subsidy fraud. The News Agency of Nigeria (NAN) reports that the trial judge, Justice Lateefat Okunnu, dismissed the applications for “being an abuse of court processes.” One of the dismissed applications had prayed the court to set aside its Oct. 21 ruling which dismissed Alao’s previous application to quash the charges. The other application had urged the court to stay further proceedings on the trial, pending the determination of Alao’s appeal against the ruling…
Ex-Aviation Minister, Femi Fani-Kayode has urged supporters of All Progressives Congress (APC) to close ranks and be more accommodating to ensure the victory of the party at all levels in 2015. Fani-Kayode made the call on Thursday in Yola while speaking with newsmen. The APC chieftain , who spoke against the backdrop of leadership tussle facing the party in Adamawa, Kano and Sokoto states, said stakeholders needed to come together to face the challenge of edging out PDP. “We are fighting PDP. We must come together, close ranks and fight it.”, Fani-Kayode said. He urged those labelling APC as a…
The Minister of Information, Mr Labaran Maku, on Thursday, 26th December advised political leaders to refrain from making unguarded comments capable of destabilising the polity. The minister, who gave the advice at a Christmas carnival at his village, Wakama, near Akwanga, Nasarawa State, advised the politicians to pursue peace and development of the country. He said that comments credited to some notable Nigerians about the 2015 elections were unnecessary and against the interest of the masses. Maku, who decried the negative campaigns against the present administration, said that the collective interest of Nigerians should supercede the ambition of any individual.…
All Progressives Congress (APC) Chieftain, Malam Nuhu Ribadu, on Friday in Yola said the party was representing the change Nigerians were yearning for. Ribadu told newsmen that the on-going defections to the APC was a manifestation that it would be the party to beat in 2015. “People are leaving PDP for APC because they needed change. APC symbolised the position of majority of Nigerians. “We are happy to be the platform for change that Nigerians are yearning for”, Ribadu said. The former EFCC boss said APC was committed to fighting the endemic corruption destroying the country. “APC is going to…
Five years after the meltdown of the Nigerian stock market, some investors and operators have shaken off their investment shocks by describing 2013 as the year of recovery and consolidation. The stakeholders say that their new zeal about the nation’s portfolio climate stems from the rebound of high rate of securities transactions, the recovery of the national economy and the rising public confidence in government and governance. In the first week of Dec 2013, the Nigerian Stock Exchange (NSE) overall transactions grew from a loss position, recorded during the downturn in 2008, to a level which is widely considered as…
The Nigerian Army Headquarters has issued its fourth quarter routine posting and designation of senior officers. This is comprised in a declaration handed out in Abuja on Friday by Brig.-Gen. Ibrahim Attahiru, Director of Army Public Relations. The declaration said some of the affected officers encompassed: Maj.- Gen John Kwabe, now Chief of Logistics, Defence Headquarters and Maj.-Gen Ugo Buzugbe, Commander, Nigerian Army Armoured Corps. It furthermore named Maj.- Gen. Ebiobowei Awala, Military Secretary (Army), Maj.- Gen. Olufemi Adeosun, Director of Policy, Defence Headquarters, Maj.-Gen. John Nwaoga, General Officer Commanding 3 Division. Other ones are Maj.-Gen Chris Olukolade, Director of Defence of Information, Maj.-Gen.…
Delta State Governor, Dr. Emmanuel Uduaghan on Monday cautioned against sectional and ethnic politics that has been the bane of development and progress of the country.Uduaghan, speaking at a symposium with the theme, ” The Future of Warri and its Environs” put together by the Warri Rebirth Initiative called for mindset change that would enable the citizens to put national interest above ethnic and sectional interests.The Governor informed that his administration has embarked on concrete measures aimed at returning the city of Warri to its glorious days but that those actions were being slowed down by ethnic agenda.He explained that…
Delta State Governor, Dr. Emmanuel Uduaghan has justified the support President of the Christian Association of Nigeria (CAN), Pastor Ayo Oritsejafor is giving the administration of President Goodluck Jonathan. He made this clear when he paid a Christmas visit to Oritsejafor at his residence in Warri, commending the CAN’s President for the great role he played in restoring peace to Delta State. Uduaghan who was accompanied on the visit by the member representing Warri Federal Constituency, Mr. Daniel Reyenieju and other top government officials, praised the CAN’s President for supporting the administration of President Jonathan. The Governor also disclosed that…
Delta State Governor, Dr. Emmanuel Uduaghan has commissioned 100 Toyota Hiace Buses and 30 Innoson High Capacity Buses with a pledge to continue to boost the Delta State Mass Transport programme. Governor Uduaghan noted that with this commissioning, the State now has over 700 18- seater Hiace buses and 130 Tata, Marcopolo and Innoson buses for Inter- and Intra-City Mass Transit Scheme with the broad goal of providing safe, reliable, efficient and integrated transport operations. The Governor explained that the State Government was in partnership with the private sector in the mass transit programme and charged the private operators participating…