Author: NPO Admin I
By Halimah Olamide SERAP condemned the missing oil revenues, lamenting that “had the NNPCL and its subsidiaries accounted for and remitted the disappeared public funds into the Federation Account The Socio-Economic Rights and Accountability Project has filed a lawsuit against the Nigerian National Petroleum Company Limited over the “failure to account for and explain the whereabouts of the alleged missing $2.04 billion and N164 billion oil revenues.” This development is following the allegations documented in the recently published 2020 audited report by the Auditor-General of the Federation that the NNPC; failed to remit the money into the Federation Account, saying…
Explains Why Arbitrage Must be Removed in Currency Management By Halimah Olamide Nigeria’s Bola Ahmed Tinubu Sunday morning explained to the world his administration had to remove fuel subsidy in order to reset the economy. Tinubu, who spoke at the opening of the World Economic Forum holding in Riyahd Saudi Arabia, said his government believe that the Nigerian currency must be allowed to find its value and level in the comity of global currencies. Tinubu said it may have been painful to take those decisions, he added that in the end, the rewards would outweigh the pains. “Concerning the question…
By Reuters CAIRO, April 28 (Reuters) – Dubai’s ruler Sheikh Mohammed bin Rashid al-Maktoum on Sunday approved a new passenger terminal in Al Maktoum International airport worth 128 billion AED ($34.85 billion), he said in a post on X. The Al Maktoum International Airport will be the largest in the world with a capacity of up to 260 million passengers, and five times the size of Dubai International Airport, he added, saying that all operations at Dubai airport would be transferred to Al Maktoum in the coming years. The Al Maktoum airport will also include 400 terminal gates and five…
By Louis Mian, Larry Madowo and Irene Nasser, CNN CNN — The death toll due to floods in Kenya has risen to 76, with 29 people injured and 19 still missing, a government spokesperson said as authorities ordered more evacuations of people from at-risk areas due to ongoing heavy rainfall. “Nairobi is currently experiencing the highest impact, with a significant death toll of 32 and 16,909 households displaced,” Isaac Maigua Mwaura said in a statement, adding that 24,196 households had been displaced – comprising about 131,450 people. Government and humanitarian agencies have erected 50 camps across the country to house those displaced,…
By Anna Foster, BBC News, Jerusalem Hamas has published a video showing the first proof of life of two more hostages being held in Gaza. In undated footage filmed under duress, Omri Miran says he has been held for 202 days and Keith Siegel mentions this week’s Passover holiday, indicating the clips were filmed recently. Both were captured when Hamas launched its deadly attacks on 7 October. Responding to the video, their families said they would keep fighting for the men’s return. They also urged the Israeli government to secure a new hostage release deal. The new video comes as…
By Halimah Olamide The Ogun State Governor, Prince Dapo Abiodun, has expressed great sympathy for the victims of a gas explosion at the Ita-Oshin area of Abeokuta, the state capital on Saturday evening. NPO reports that the tanker carrying gas had lost control and the driver, in his desperation to halt its movement rammed into a road divider creating a massive impact. The fire incident occurred at about 5pm. The driver fled the scene while the truck driver lost his life. His mutilated remains have been deposited at the General Hospital, Ijaiye. It was gathered that four parked vehicles were…
By Halimah Olamide Former Deputy Vice Chancellor, (Academic), at the University of Benin (UNIBEN), Prof. Pius Iribhogbe, is dead. Prof Iribhogbe was a Consultant Trauma Surgeon. Head, Department of Surgery and Co-ordinator, School of Paramedics, University of Benin Teaching Hospital (UBTH). The cause of his death is yet to be ascertained. He passed on in Saudi Arabia. Meanwhile as at the time of filing this report, the school is yet to make an official statement.
By Halimah Olamide So with the utmost fear of God, gratitude to God Almighty and the commitment to President Bola Tinubu’s Renewed Hope Agenda in our infrastructural development agenda in particular, I wish to flag off this demolition. The Minister of Works, Sen. Dave Umahi, on Saturday in Lagos, flagged off the demolition of a section of the Landmark Beach, the Mami Chula Beach Lifestyle, to give way to the Lagos-Calabar Coastal Highway. Umahi began the demolition after he inspected kilometre 13, 16 and 20 to ensure the most economical and viable way to access the coastal roads without much…
By Halimah Olamide Chieftains of the ruling All Progressives Congress have alleged that the conduct by the Chairman, Economic and Financial Crimes Commission (EFCC), Olanipekun Olukoyede, in the assessment of embattled ex-Kogi State governor, Yahaya Bello suggests vendetta. According to the stakeholders, the public was being misled into the erroneous impression that the EFCC was trying to fight corruption. “It is actually just a pretence in furtherance of a personal vendetta on behalf of, and, at the behest of persons in government intent on the bastardisation of our institutions of state.” This was contained in a statement by Barr. Jesutega…
By Halimah Olamide The Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Mr. Ola Olukoyede, has appointed Mr. Michael Nzekwe as his Chief of Staff. In a recent statement released by the commission on Saturday, it also announced the appointment of Zonal Directors for each of the 14 Zonal Commands of the Commission. Additionally, to bolster and fortify the security architecture of the Commission, the Security Unit of the EFCC has been upgraded to a Department with a seasoned officer appointed as Director, Security and Chief Security Officer. Nzekwe, a top-notch investigator, lawyer and former Commander of the Ilorin Zonal…