Month: August 2020

N2trn unremitted revenues’ racket rocks Nigerian oil industry regulator, DPR

Efe Wellington

  A N2 trillion unremitted revenues’ racket has rocked the Department of Petroleum Resources (DPR), watchdog for the Nigeria’s oil industry. The oil and gas industry regulator raked in N2.4 trillion in 2019 but only remitted N44 billion, leaving behind N2 trillion for personal use, according to a document from the Nigeria’s Senate. The upper legislative house, which has begun a probe of this racket has barred Agency’s Director, Sarki Auwalu from appearance before it through proxy as probe of N2.4trn revenues continued on Tuesday. The Senate has penultimate Friday…

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How Helicopter Crashed into Lagos building, killed two, injured one + PHOTOS

Damola Oyede

More facts have Emerged on how an ill-fated helicopter crashed into a building in Lagos, Nigeria’s commercial capital, killing two people. The crash, which occured in Opebi, a residential area located less than ten kilometers from the local wing of the Muritala Muhammed International Airport, also injured one person and damaged a Totota Camry car with registration number MUS 297 FT parked inside the compund. The Salvation Bus Stop where the unfortunate incident happend is, findings by Platforms Africa showed, less that four kilometers from Alausa Ikeja, seat of Lagos…

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Nigeria orders Banks’ Takeover of Electricity Bill Collections from DisCos

Efe Wellington

DisCos, as power distributors are known, were said to have owed both Nigeria Bulk Electricity Trading (NBET) Plc and the Transmission Company of Nigeria (TCN) over N930 billion in outstanding payment for power supply to them Nigeria has directed commercial banks in the country to take over collections of electricity bills with immediate effect in a bid to recoup outstanding debt owed by electricity distribution companies (DisCos) to power generating firms. Analysts said the move made by the Central Bank of Nigeria (CBN) is a reminiscence of appointment of liquidation…

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Who’s bankrolling your Trips, Group insists on Nigeria’s ex-Minister, Fani-Kayode Merry-Go-Round’s Probe

Damola Oyede

    Nigeria’s foremost media rights group, Journalists for Democratic Rights, (JODER), on Wednesday, asked a former Aviation Minister, Mr Femi Fani-Kayode, to name those funding his trips across the country. Fani-Kayode is on a tour of South South states to meet with governors and inspect their projects. At Calabar last Thursday, he was asked by Daily Trust reporter in the state to disclose the source of the funding for the tour but the ex-minister got furious and hurled insults on the reporter. But the group is insisting he must answer the…

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Chelsea Signs 5-Year deals with England Defender, Chilwell, From Leicester

Lukman Olasunkanmi

  Chelsea have signed England left-back Ben Chilwell from Leicester on a five-year deal for an undisclosed fee. Chilwell is Chelsea’s third addition of the summer after the arrivals of winger Hakim Ziyech, 27, from Ajax and striker Timo Werner, 24, from RB Leipzig. The defender, 23, is a Leicester academy product who made his debut for the club in 2015, and had a contract with the Foxes until 2024, reports the BBC. He missed the final five matches of the 2019-20 season with a foot injury. Chelsea took fourth place…

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Nigeria’s Kwara Gov to receive fresh N130m loot EFCC recovered from predecessor’s govt  

Aliyu Aliyu

Kwara State Governor AbdulRahman AbdulRazaq on Wednesday commended the activities of the Economic and Financial Crimes Commission (EFCC), saying the anti-graft body has helped to gradually restore some sanity and accountability in public administration in the country. AbdulRazaq spoke in Ilorin, the state capital, when the new Ilorin zonal head of the EFCC Oseni Kazeem paid him a courtesy visit. Oseni had told the governor that a new N130m “looted funds” have been recovered from the previous administration in the state. The Governor explained how recovered funds had helped to…

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Nigeria’s ex-minister, Fani-Kayode Under Fire for calling Journalist Stupid

Precious Ibekwe

A Nigerian former minister of aviation, Femi Fani-Kayode, has landed himself in trouble waters for calling a journalist with Daily Trust, Mr. Eyo Charles, stupid. Eyo, the Cross Rivers State correspondent of the Newspaper asked Fani-Kayode who after leaving office over five years ago was on a tour of project in the state, the identity of the person or institution that is bankrolling his tour. Rather than providing an answer to the question, the politician known for his many controversies wore a toga of bully refering to Eyo as being…

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Boardroom crisis looms at GTBank as CEO successor’s choice divides board members

Precious Ibekwe

  A seeming boardroom crisis that may rock Guaranty Trust Bank Plc (GTBank) to its foundation is currently brewing in the bank. Platforms Africa gathered that the internal unrest borders on the succession of the current managing director and chief executive of the bank, Mr. Segun Agbaje, whose tenure ends in June 2021. According to inside sources, Agbaje is said to be backing two executive directors believed to be his close associates to succeed him as managing director and deputy managing director, ahead of other most qualified directors in the…

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Nigeria’s COVID-19 Infections Drop, As 24 States Record New Cases

Damilola Olonade

Nigeria’s coronavirus caseload declined on Monday, raising hope of flattening the curve, but 24 states in the country recorded new cases in the last 24 hours. According to the Nigerian Centre for Disease Control (NCDC), 321 new cases were recorded in the country on Monday, bringing the total confirmed cases to 52,548. On Saturday, the nation raked in 601 cases, with Lagos churning out 404 of the figures, but the Presidential Task Force on COVID-19 on Monday said more than half of the infections from Lagos were from those evacuated…

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REVEALED! How I escaped from Police Custody – Nigerian Serial Killer

Okanlawon Adisa

The prime suspect in the serial killings in Akinyele Local Government Area of Ibadan, Sunday Shodipe, has revealed how he escaped from Mokola Police Station in Ibadan, West Africa’s largest city, saying that he climbed the station’s borehole pole to scale the fence. The 19-year-old escaped from lawful custody few days after he was arrested, paraded and arraigned for the serial killings in the local government in the Oyo State capital. Speaking after his re-arrest Sunday evening, Shodipe explained that a female Divisional Police Officer, who was recently deployed to the…

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