Category Archives: NIGERIA

Why Buhari sacked Osinbajo’s aides –Presidency

• Insists No Friction With Vice President The Presidency has finally confirmed the sack of some of the aides attached to the office of the Vice President Yemi Osinbajo.In a statement, yesterday, the Presidency confirmed that the action was carried out as part of the “ongoing, unprecedented overhaul of the nation’s seat of government, arising from which a number of

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New Regulation Confers on AGF Power to Manage Recovered Assets

 States to pay 30% to FG on reclaimed properties The Attorney General of the Federation and Minister of Justice, Mr. Abubakar Malami (SAN), has been empowered to manage all assets recovered as proceeds of crimes under a new regulation that came into effect on October 24, 2019. Entitled: “Asset Tracing, Recovery and Management Regulations, 2019,” and published as Government Notice

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Finally, Sowore, Bakare Meet Bail Conditions

After over 90 days in captivity, detained convener of #RevolutionNow protests, Omoyele Sowore and a member of the protest group, Olawale Bakare have perfected their bail conditions, their lawyer, a human rights activist, Mr. Femi Falana (SAN) has revealed. It was not clear as at press time if the duo regained their freedom. However, the trial of the defendants who

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Border Closure Indefinite as FG Lists Conditions for Reopening

•Customs explains Jan 2020 an operational deadline The federal government yesterday listed conditions to be met by Benin and Niger Republics before the country would reopen its borders for goods importation. This is coming as the Comptroller General of Nigeria Customs Service (NCS), Col. Hameed Ali (rtd), said the January 31, 2020 cut-off date for the first phase of the

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More Revenue for Nigeria as Buhari Assents to PSC Amendment Bill

•New law to unlock extra $1.4bn cash yearly for the federation Nigeria’s push for more revenue from oil has received a major boost as President Muhammadu Buhari yesterday assented to the bill amending the Deep Offshore and Inland Basin Production Sharing Contract (PSC) Act governing the PSC agreements between the federal government and International Oil Companies (OICs). The House of

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‘PDP not decided on 2023 presidential candidates’

The National Working Committee (NWC) of the Peoples Democratic Party (PDP) yesterday debunked the rumour that it had reached a conclusion on which part of the country its next presidential candidate would come from. PDP alleged that politicians in the ruling All Progressives Congress (APC) who had become jittery of its rising political fortunes were at work in planting seeds

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