Tag: nigerian energy
Tinubu, AGF, Senate President Sued Over Alleged Unlawful Removal Of CCT Chairman
President Bola Tinubu, Attorney-General of the Federation and Minister of Justice, Lateef Fagbemi, and Senate President, Godswill Akpabio, have been dragged before a Federal High Court in Abuja over the alleged unlawful removal of Justice Danladi Umar as Chairman of the Code of Conduct Tribunal (CCT). The President and 10 others were sued by two…
Court Halts ARCON’s Enforcement Of N60bn Fine On Facebook Pending February Hearing
The Federal High Court in Lagos has granted an interim order restraining the Advertising Regulatory Council of Nigeria (ARCON), formerly known as the Advertising Practitioners Council of Nigeria (APCON), or its agents from demanding N60 billion from Facebook Nigeria Operations Limited for an alleged violation. Justice Yellim Bogoro made the order on Thursday, December 12,…
Court Grants N500 Million Bail To Yahaya Bello In N80.2 Billion Money Laundering Trial
The Federal High Court sitting in Abuja, on Friday, granted bail to the immediate past Governor of Kogi State, Alhaji Yahaya Bello, to the tune of N500 million with two sureties in the like sum. The court, in the ruling that was delivered by trial Justice Emeka Nwite, held that the sureties must be owners…
Ex-Kogi Gov Bello Pleads Not Guilty To N80.2bn Fraud Charges, Tells FHC ‘Won’t Jump Bail
The immediate past governor of Kogi State, Alhaji Yahaya Bello, on Friday, pleaded not guilty to another 19-count charge the Economic and Financial Crimes Commission, EFCC, preferred against him before the Federal High Court sitting in Abuja. Bello, who was brought before the court from Kuje prison, denied his alleged complicity in an N80.2 billion…
Court Orders Detention Of 12 Mechanics For Alleged Treasonable Felony Against Gov. Makinde
AN Iyaganku Chief Magistrates’ Court in Ibadan on Thursday ordered the remand of 12 mechanics at the Agodi Correctional Centre over alleged treasonable felony and sundry offences, the News Agency of Nigeria (NAN) has reported. The defendants were Abdullahi Alajiga (38), Olaniyi Dauda (71), Alfa Olafisoye (69), Daudu Babalola (52), Akande Musbau (58), Olatinwo Wale…
TikTok, X Fall Short On Nigerian Tax Compliance Requirements — NITDA
The National Information Technology Development Agency (NITDA) has indicated that TikTok and X (formerly Twitter) are yet to comply with tax filing requirements in accordance with Nigeria’s regulatory framework. The social media platforms were identified in a report titled “Analysis of Compliance with Laws and Misinformation Management by Social Media Platforms in Nigeria.” However, Google,…
Coca-Cola Nigeria Accuses FCCPC Of Violating Rights, Overstepping Authority In N186 Million Fine Appeal
Coca-Cola Nigeria Limited (CCNL) has filed an amended appeal with the Competition and Consumer Protection Tribunal, challenging the N186,666,666.67 penalty imposed by the Federal Competition and Consumer Protection Commission (FCCPC). The fine was levied over allegations of misleading labeling and marketing practices related to Coca-Cola’s Original Taste and Less Sugar product variants. In its 15-point…
Court Convicts Oluremi Phillips, Omritas Energy Ltd Of Stealing, Issuing Dud Cheque
A Lagos State High Court in Ikeja on Thursday convicted and sentenced a businesswoman, Oluremi Phillips, to 17 years imprisonment for defrauding a company, AYM Shafa Limited, of N57,690,000. Phillips initially stood trial before Justice Sherifat Solebo of the Special Offences Court, Ikeja, following her arraignment on January 27, 2022. However, the trial could not…
N4.5bn Fraud Case: Court To Decide On Emefiele’s Jurisdiction Challenge In January
Justice Rahman Oshodi of the Ikeja Special Offences Court has fixed January 7, 2025, to rule on an application filed by Godwin Emefiele, former Governor of the Central Bank of Nigeria (CBN), challenging the court’s jurisdiction over his case. Emefiele faces a 26-count charge filed by the Economic and Financial Crimes Commission (EFCC), accusing him…
‘Return Our Mandate’: LP Takes Defectors To Court, Seeks To Declare Seats Vacant And Recover Salaries
The leadership of the Labour Party, has filed legal actions in the court to compel the National Assembly leadership to declare the seats of the defected Labour Party lawmakers vacant. The party also asked that every salary, emolument or privileges received, from the date of defection be returned. It said it received with dismay news…
‘No Total Sale’: Labour Unions Want NLNG Model For Refinery Privatization
After a visit to the Port Harcourt Refinery, Organised Labour has emphasised its rejection of outright sale of public refineries to the private sector. Rather, it will only sanction a sale where the private sector has a majority stake, while government, workers and host communities having the minority stake. Speaking with newsmen, President of the…
Court Revokes Bench Warrant Against Former AMCON MD Ahmed Kuru In N76bn Fraud Case
An Ikeja Special Offences Court on Thursday set aside a bench warrant issued against the former Managing Director of the Asset Management Corporation of Nigeria (AMCON), Ahmed Kuru, in connection with an alleged N76 billion and $31.5 million fraud involving Arik Airline. Other defendants in the case include the former Receiver Manager of Arik Airline…
Court Orders Norwood Executive Drivers To Pay N5M Damages For Unfair Retirement of Employee
The Presiding Judge, Akure Judicial Division of the National Industrial Court, Hon. Justice Kiyersohot Damulak, has declared Norwood Executive Drivers Management’s decision to retire Mr. Alonge without paying him his retirement benefit unjustified and an unfair labour practice. The Court ordered Norwood Executive Drivers Management to pay Mr Alonge N5,000,000.00 (Five Million) Naira only as…
Court To Rule On NNPP Candidate’s Suit Against Gov. Aiyedatiwa Feb. 3, Party Disowns Case
The Federal High Court in Akure has adjourned a case filed by Hon Olugbenga Edema, the governorship candidate of the New Nigeria People’s Party (NNPP), against Ondo State Governor Lucky Orimisan Aiyedatiwa. The adjournment comes amidst uncertainty over the plaintiffs’ legal standing, as the NNPP has stated it did not authorize the suit. At the…
Dangote Refinery Exports First PMS Shipment To Cameroon In Partnership With Neptune Oil
Dangote Refinery, the largest oil refinery on the continent, has successfully exported its first shipment of Premium Motor Spirit (PMS) to Cameroon. The export was made possible through a strategic partnership between Dangote Refinery and Neptune Oil, a prominent energy company based in Cameroon. Alhaji Aliko Dangote, President and CEO of the Dangote Group, emphasized…
Court Strikes Out N4.8 Billion Fraud Charge Against Cletus Ibeto After N3.2 Billion Refund
Justice Oyindamola Ogala of a Lagos State High Court sitting in Ikeja has struck out an alleged N4.8 billion fraud charge filed by the Economic and Financial Crimes Commission (EFCC), against the Chairman of Ibeto Energy Development Company, Chief Cletus Ibeto. Justice Ogala struck out the charge after counsel to the EFCC, Rotimi Jacobs (SAN),…
Court Sentences 23-Year-Old Man To 12 Years In Prison For Raping Woman In Purdah
An Oyo State High Court sitting in Ibadan, yesterday sentenced one Idris Rasheed, 23, to 12 years imprisonment for raping a woman in purdah. Trial judge, Justice Oyeyemi Ajayi said since the convict confessed to the crime while the doctor’s report confirmed penetration and semen was found, Rasheed was guilty of the charge. The judge…
Oyedele Argues VAT Is Not Covered By 1999 Constitution, Calls For Updating Revenue Sharing Formula
Taiwo Oyedele, chairman of the presidential committee on tax policy and fiscal reforms, has asked the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) to focus on finding a workable solution rather than causing more controversies. On December 9, RMAFC opposed the value-added tax (VAT) sharing formula proposed in the tax reform bills, citing constitutional breaches.…
Court Orders Trial of Ex-Gov Ganduje, Wife in Absentia Over Corruption Charges
Kano State High Court, presided over by Justice Amina Aliyu, has ordered the trial of the National Chairman of All Progressives Congress (APC) Abdullahi Ganduje, his wife Hafsat, to proceed in absentia. Kano state government took Ganduje to court over eight-count charge related to bribery allegations, misappropriation, and diversion of public funds running into billions…
Power Grid Collapses For 12th Time In 2024, Plunging Nigeria Into Darkness
On Wednesday, Nigerians were once again left without electricity as the national power grid suffered another collapse, marking the 12th such incident this year. The grid failure occurred at approximately 2:09 pm, according to a tweet from the official handle of Nigeria’s National Grid, which stated, “The major grid setback has occurred and the restoration…