Tag: nigerian energy

African Alliance Insurance Plc has asked the Federal High Court in Lagos to nullify the dissolution of its board by the National Insurance Commission (NAICOM). In a suit numbered FHC/L/CS/ 2008/2024, it is praying for a declaration that the purported board dissolution and removal of its Chief Executive Officer and executive directors on October 29,…

The Chairman of the Presidential Tax Reform Committee, Taiwo Oyedele, has stated that businesses will suffer and the economy will regress if state governments are allowed to collect value-added tax (VAT). Speaking in an appearance on Channels Television’s Hard Copy on Friday, Oyedele explained that a similar approach was tried in the 1980s with sales…

A Federal High Court has issued an order restraining Dr. Uche Odionyenma from further parading himself as the President of the Association of Medical Laboratory Scientists of Nigeria (AMLSN). The interim order, issued ex-parte on October 30 by Justice Simon Amobeda, sitting in Kano, is to subsist until the hearing of a motion on notice…

An economist and Chief Executive Officer of the Financial Derivatives Company Limited, Mr. Bismarck Rewane, has projected that petrol price could hit N1,200 per litre in the coming days. Rewane also predicted in his outlook for November 2024, Brent could trade at $70 per barrel in December while inflation may climb to 34 per cent.…

The Police Special Fraud Unit on Friday dragged a businessman before a Federal High Court Lagos for alleged N14.7 million fraud. The defendant, Abdullahi Mohammed, was arraigned before Justice Lewis Allagoa, on a three-count charge bordering on conspiracy and cybercrime to the tune of N14.7 million. He, however, pleaded not guilty to the charge. The…

An Abuja High Court on Friday, quashed a criminal summon issued on Sept. 12 by an a magistrates’ court against Sen. Monday Okpebholo over alleged certificate forgery. Justice Charles Agbaza, in a judgment, also voided the entire proceedings before Magistrate Abubakar Mukhtar of a Wuse Magistrate Court in Abuja on grounds that the summon was…

*As JAMB Withdraws Controversial Age Requirement Circular Following Court Order The Delta State High Court in Warri has ordered the Joint Admissions and Matriculation Board (JAMB) to admit all 2024 candidates who passed the entrance exams, particularly those set to turn 16 between September 1 and December 31, 2025, in the ongoing legal battle between…

The Nigeria Deposit Insurance Corporation (NDIC) says customers of the defunct Heritage Bank who are yet to receive payment should come forward and provide their account details. According to NAN, Bello Hassan, managing director of NDIC, spoke on Thursday during the corporation’s ‘special day’ event, held on the sidelines of the ongoing 36th Lagos International…

The Attorney-General of the Federation and Minister of Justice, Lateef Fagbemi (SAN), has stated that arraigning and trying minors who have committed crimes is not unconstitutional, as some have claimed. The AGF added that, according to the Nigerian Constitution, trying to detain #EndBadGovernance protesters (minors) in a Federal High Court is not inappropriate, given the…

The management of Jos Electricity Distribution (JED) has disclosed that over 80 transformers within its franchise areas were vandalized and looted during the recent power outage experienced in the north. The company also stated that huge cables supplying power to communities were stolen during the period, adding that Plateau was the most affected. Eng. Hamisu…

The Code of Conduct Tribunal (CCT) has granted bail to two former Kaduna State Government officials, Mr Jimi Lawal and Ja’afaru Ibrahim Sani. The two officials served in the administration of the immediate past Governor of the State, Mr Nasir el-Rufai are Mr Ja’afaru Ibrahim Sani as Commissioner for Environment and Natural Resources and Mr…

An Ikeja Special Offences Court on Thursday convicted and sentenced one Miracle Tega to one year and two months in prison for possessing fraudulent documents. Earlier, the Economic and Financial Crimes Commission arraigned Tega on an amended charge of possessing documents under pretences. The EFCC’s prosecuting counsel, D. I. Oluseyi, told the court on Thursday…

At the backdrop of the recent controversy between Dangote Refinery and Pinnacle Oil & Gas Limited over petroleum products imports and distribution, it is now revealed that the two companies have existing agreement over the operation of the Pinnacle Oil’s product distribution terminal at the Lekki free zone area. Making this disclosure yesterday in Lagos,…

Benue State Governor, Hyacinth Alia, has asked the Makurdi division of the Court of Appeal to dismiss the appeal filed by former governor of the state, Samuel Ortom, challenging the decision of the High Court of Benue State which dismissed his case. The case borders on the constitution of the Income and Expenditures Commission of…

An Abuja-based law firm has filed a N1 billion lawsuit against the Minister of the Federal Capital Territory and the Federal Capital Development Authority over the alleged unlawful revocation of a property belonging to Green Lake International Limited. In the suit marked FCT/HC/ABJ/CV/416/2024, the defendants include the FCT Minister, FCDA, and Lodigiani Nigeria Limited. The…

A magistrate court in Enugu State has remanded a Nigerian woman for allegedly breaking her three-year-old stepson’s bone with a pestle. The woman, Ada Ogbogu, allegedly carried out the act in October. She was arraigned on Tuesday. During the arraignment, the police told the court that Mrs Ogbogu’s alleged action against the stepson was illegal…

A Federal High Court, Ikoyi, Lagos, presided over by Justice Yellim Bogoro has ordered the remand of two middle-aged men, Daniel Kelechi Ikeoha and Sylvester Ebeta, in the Ikoyi facility of the Nigerian Correctional Services (NCoS) following allegations that they defrauded Interswitch Nigeria Limited of N622 million. The suspects were arraigned on multiple charges related…

Federal High Court in Abuja on Thursday adjourned the trial of a lawyer, Chinedu Evaristus, and three others in an alleged N58 million fraud case until January 15, 2025. Justice Joyce Abdulmalik adjourned the case after F.N. Umoh, a lawyer from the office of the Attorney-General of the Federation informed the court of the decision…

Justice Akintayo Aluko of a Federal High Court in Lagos has affirmed the ownership right of a firm, Chard Harpers Properties Limited, on a property seized by the Economic and Financial Crimes Commission (EFCC) from a former Governor of Bayelsa State, Diepreye Solomon Peter Alamsieyeseigha. The property situated at No 1, Community Road, Allen Avenue,…

The Socio-Economic Rights and Accountability Project (SERAP) has today told a Federal Capital Territory High Court that the officials of Nigeria’s secret police, the Department of State Services (DSS) who invaded our Abuja office used fake names and came with two unmarked vehicles.” SERAP had in September alleged that the DSS invaded its Abuja office,…