Author: Npo_report
By Kamil Opeyemi The Minister of the Federal Capital Territory (FCT), Mr Nyesom Wike, has mandated the demand and verification of Tax Clearance Certificate (TCC) as a pre-condition for business transactions in the FCT. Mr Chinedum Elechi, the Mandate Secretary, Economic Planning, Revenue Generation and Public Private Partnership Secretariat, FCT Administration (FCTA), made this known at a press conference in Abuja on Monday. “I am here today to announce that the Minister of the FCT has approved the implementation of Section 85 of Personal Income Tax Act (PITA) and Section 31 of the FCT Internal Revenue Service Act, 2015. “Both…
By Hallimah Olamide President Bola Tinubu has declared that the students loan programme would commence full operation in January 2024. Tinubu made the announcement at the 29th Economic Summit organised by the Nigerian Economic Summit Group (NESG) in partnership with the Federal Ministry of Budget and Economic Planning, in Abuja on Monday. The president assured Nigerians that government-owned tertiary institutions would no longer go on strike. He admitted that Nigerians were feeling the short-term negative impact of his reforms but promised that everyone would soon enjoy the benefits. “By January 2024, the new student loan must commence. To the future…
By Kamil Opeyemi President Bola Tinubu, on Monday extolled the judgment rendered by Judge Robin Knowles of the Business and Property Court in London. The court awarded a landmark victory to the Federal Government of Nigeria over a firm known as Process and Industry Development (P&ID) L.td. Tinubu made the commendation in a statement by his Special Adviser, Media and Publicity, Chief Ajuri Ngelale. He said the judgment proved conclusively that nation states would no longer be held hostage by economic conspiracies between private firms and solitarily corrupt officials. “Following Judge Knowles’ dismissal of the $11.5 billion (USD) value of…
By Kamil Opeyemi Lagos State PDP Governorship Candidate in the 2023 General Elections, Dr Abdul-Azeez Adediran (a.k.a. Jandor), is seeking transfer of his appeal against the verdict of the Lagos State Governorship Election Petition Tribunal. The tribunal headed by Justice Arum Ashom dismissed Adediran’s petition and upheld re-election of Gov. Babajide Sanwo-Olu in the March 18 governorship election. Adediran challenged the verdict at the Lagos Division of the Court of Appeal. However, in a statement signed by the Head of his media and communication team, Mr Ogunleye, on Monday in Lagos, Adediran prayed the Court of Appeal president to transfer…
By Kamil Opeyemi The Supreme Court has dismissed an appeal filed by Senator Smart Adeyemi against the judgments of the two lower courts on the All Progressives Congress’ primary election which held in Kogi State on April 15, 2023. In a unanimous judgement on Monday, the court held that the appeal lacked merit, having failed to challenge the concurrent findings of both the High and Appeal Courts, or demonstrate that same were perverse. The apex court also held that the two issues raised in the Senator Adeyemi’s brief were unreasonable, vexatious, and against the provisions of Section 132 and 133(1)…
By Kamil Opeyemi A Business and Property Court in London presided over by Justice Robin Knowles of the Commercial Courts of England and Wales has quashed the 11 billion dollars awarded against Nigeria in a case filed by the Process and Industrial Developments Company, (P&ID). Judge Knowles held that the award was obtained by fraud and that what had happened in the case was contrary to public policy. The court also declared that it did not find any merit in the charges of bribery levelled against a former Attorney-General of Lagos State, Mr Olasupo Shasore, SAN, who represented Nigeria in…
Ogun State Governor, Prince Dapo Abiodun, has said that the state government would soon recoup all expenses on the state’s Agro Cargo Airport, as various international aviation companies jostle for concessional operations. The airport, which was located along Iperu-Ilishan road in Ikenne Local Government area of the state was conceptualized as an aerotropolis, based on its strategic location, being contiguous to the nation’s commercial capital of Lagos. The governor, shortly after inspection of the airport at the weekend had a chat with newsmen, asserting that commercial flights would begin operations at the airport before the end of the year. He…
Israel’s former ambassador to Germany, Shimon Stein, has called for a revival of the idea of a two-state solution to the Middle East conflict. “It is a long way off at the moment. But it must be kept in mind.’’ Stein said this to German news platform Redaktionsnetzwerk Deutschland (RND) in remarks published early on Monday and made available to dpa in advance. The current Israeli Government has taken it off its agenda. “That was a mistake. “A military operation without a political perspective would be a missed opportunity.’’ He said he hoped that Israel’s planned ground offensive would succeed…
The U.S. has advised Israel to postpone its planned ground offensive in the Gaza Strip against the Islamist Hamas organisation, according to local media reports. The U.S. government hopes to obtain more time for negotiations to secure the release of more than 200 hostages held by Hamas in Gaza. The aim is to avoid further civilian casualties and to ensure that more humanitarian aid reaches the population in the blockaded Gaza Strip. Israeli Prime Minister, Benjamin Netanyahu, announced the ground offensive after Hamas killed hundreds of people and kidnapped more than 200 in terrorist attacks on Israeli territory on Oct.…
By Halimah Olamide The chairman of the seven-man panel prosecuting the appeal petition against President Bola Tinubu on Monday submitted that there are two conflicting letters from the Chicago State University, the President’s alma mater. READ ALSO: Fresh Evidence: Supreme Court Reserves Judgment on Atiku’s Application Yahaya Bello Contradicts Commissioner; Says Statement on Assassination Attempt False Nigerian Medical Student in Philippine Allegedly Murdered Chairman, Justice Okoro said criminal matters have to be proved beyond reasonable doubt. “But in this case, there are two conflicting letters from the CSU – one authenticating the president’s certificate and another discrediting it. Which…