Tag: nigerian energy

The federal government has withdrawn the money laundering charges filed against Tigran Gambaryan, an executive of Binance Holdings Limited. In April, the Economic and Financial Crimes Commission (EFCC) arraigned Binance, a cryptocurrency firm, and Gambaryan, on allegations of money laundering. Gambaryan has been in detention since February following the clampdown on the cryptocurrency firm over…

A Federal High Court in Gusau, Zamfara State has rejected a motion ex-parte seeking to among others restrainNational Executive Committee (NEC) National Executive Committee (NEC) from postponing its National Executive Committee (NEC) meeting already scheduled to hold on Thursday 24th October, 2024 at its national secretariat, Abuja. Justice Salim Ibrahim, in a ruling on Tuesday,…

The Ogun State Police Command, on Monday, arraigned the Olu of Obafemi, Oba Taofeek Olukayode, before a Magistrate Court sitting in the Owode-Egba area of the state for allegedly defrauding one Michael Adeyemi to the tune of N75m and assaulting a police officer. Oba Olukayode is facing four counts bordering on felony, fraudulent conversion, and…

The federal government has again mandated domestic producers of Liquefied Petroleum Gas (LPG), also known as cooking gas, to stop exporting the commodity. The measure is aimed to mitigate the price of cooking gas that has been soaring steadily. Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, who gave the order in Abuja on…

Justice Mohammed Madugu of the Federal Capital Territory High Court, Bwari, Abuja, has issued an interim injunction restraining Christ the King Catholic Church in Okene, Kogi State, and its parish priest, Reverend Father Ezekiel Awolumate, from selling properties belonging to the former President of the Abuja Customary Court of Appeal, late Justice Moses Bello. The…

A Federal High Court sitting in Kano on Tuesday sacked the Chairman of the Kano State Independent Electoral Commission (KANSIEC), Prof. Sani Malumfashi, and the Secretary of the commission, Kabir Zakirai, for being card-carrying members of the ruling New Nigeria People’s Party (NNPP). The case was filed by Aminu Tiga and the All Progressive Congress…

Hon. Justice Sinmisola Adeniyi of the Abuja Judicial Division of the National Industrial Court has dismissed the case filed by one Mr. Faith against Niger Delta Power Holding Co Ltd for lacking merit. Justice Adeniyi dismissed the contentions of Mr. Faith that his appointment had been renewed by the conduct of Niger Delta Power Holding…

The Minister of Power, Mr Adebayo Adelabu, has constituted a six-member Committee to advise the Federal Government on necessary solutions to make the national grid robust and reliable. Mr Bolaji Tunji, Special Adviser, Strategic Communication and Media Relations to the Minister of Power said this in a statement in Abuja on Tuesday. Members of the…

Three states of the federation, on Tuesday, pulled out of the legal action before the Supreme Court that is seeking to declare the operations of the Economic and Financial Crimes Commission, EFCC, illegal. The states; Anambra, Adamawa and Ebonyi, announced their decisions to withdraw from the matter, shortly after it was called up for hearing.…

The Registrar General of the Corporate Affairs Commission (CAC), Hussaini Ishaq Magaji, said the Commission is restructuring it operations to focus on registration compliance by businesses and companies. Magaji explained that the new focus which is part of its post-incorporation activities will involve the status of a registered entity, taking effect 48 hours after the…

A driver of the Lagos State Bus Rapid Transport, Andrew Ominikoron, standing trial for allegedly raping and murdering 22-year-old fashion designer, Oluwabamise Ayanwole, on Monday, told the court that he was arrested at Ososa in Ogun State around 1 am, while he was sleeping. Ominikoron is facing four counts bordering on conspiracy, rape, and murder…

Dangote Refinery and Petrochemicals announced on Thursday that it is settling out of court with the Nigerian National Petroleum Company Limited (NNPCL) and six other defendants regarding import licenses granted by the Nigeria Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). The refinery had filed a suit in September 2024 seeking to nullify the licenses and…

A petitioner, Oluwatosin Onamade, has faulted the approval of a plea bargain deal by the Attorney-General of Lagos State Lawal Pedro (SAN) for suspects who allegedly killed his assistant. The suspects are Atunrase Omolabi (28), Shittu Olawale (28), Olaide Opeifa (40), Olanrewaju Adebiyi (35) and Jamiu Omosanya. The prosecution said they killed Ifeanyi Godfrey Etunmuse…

From November 1, 2024, a one-way flight ticket from Lagos to Abuja on Air Peace is to hit N200,000. The harsh economy has been affecting the aviation business causing airlines to increase their fares amid lamentations from passengers. This development has forced some Nigerians to abandon flights for road transport. Checks by our correspondent on…

A part-time lecturer of the Department of Primary Education and Early Childhood Development of Adeniran Ogunsanya College of Education, Oto-Ijanikin, Lagos, Kolawole Muyiwa, on Monday, appeared before the Ikeja Sexual Offences and Domestic Violence Court, presided over by Justice Ramon Oshodi, on trial for the alleged rape of a student. Our correspondent learnt that the…

Nigeria has been charged to produce 4 million barrels of crude oil and condensate per day (4mb/d) or instantly hit an output of 2.4mb/d of crude as it did during the COVID 19 lockdown. Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri gave the charge yesterday at the Nigerian Upstream Petroleum Regulatory Commission…

An Ondo State High Court sitting in Akure has reserved ruling in a case of N2.4m corruption charges against a former Ondo Speaker, Hon Bamidele Oloyelogun. Other charged with the former Speaker were a former lawmaker, Felemu-Gudu Bankole and a civil servant, Segun Oyadeyi. They were arraigned on a two-count charge of corruption and conferring…

*Demands N100bn Damages The Dangote Petroleum Refinery and Petrochemicals FZE has gone before the Federal High Court in Abuja for among others, an order voiding all licenses recently issued for the importation of petroleum products into the country. Dangote Petroleum, in a suit marked: FHC/ABJ/CS/1324/2024 also wants the court to award damages at N100billion against…

A former Minister of Power, Dr Olu Agunloye on Monday, kicked against the Economic and Financial Crimes Commission (EFCC) amending the charge it brought against him, alleging some infractions committed on the Mambila Hydropower plant in Taraba State. The former minister, who served in the former President Olusegun Obasanjo’s administration, is facing a seven-count charge…

The Cross River Internal Revenue Service (IRS) has issued a final demand to the University of Calabar (UNICAL) over an alleged N3.7 billion tax default spanning from 2018 to 2022. The IRS has warned that legal action will be taken if the university fails to clear the debt within 14 days. Director of Compliance, Mr…