Month: March 2022

FCCPC Probes Air Fares Hike by Arik, Dana, Azman, Ibom Air, Others

ADEOLA YUSUF

The Federal Competition and Consumer Protection Commission (FCCPC) has said the Commission has commenced an investigation to unravel the circumstances surrounding the “coordinated” hike in air fares by some domestic airline operators in the country. Many Nigerians, who decried the hike in the air fares, had called for the intervention of the FCCPC to reduce the sudden hike by domestic carriers in the country. However, the Executive Vice Chairman/Chief Executive of the FCCPC, Babatunde Irukera, has said that the Commission with the collaboration of the Nigerian Civil Aviation Authority (NCAA)…

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‘How Fidelity Bank Officials Stole Customers’ N874m In 72 Hours’

ADEOLA YUSUF

The Economic and Financial Crimes Commission (EFCC) on Wednesday, presented its second prosecution witness, PW2, Peter Ige, an Information System Auditor with Fidelity Bank. Platforms Africa reports that the witness revealed how four officials of Fidelity Bank defrauded the bank and its customers of N874 million within three days. The quartet in the ongoing trial are Olusegun Babasola, Abisola Ahmed, Uchechukwu Uma, and Jude Aphaeus, who are staff of the bank. They are being prosecuted for an alleged N874 million fraud before Justice Oluwatoyin Taiwo of the Special Offences Court…

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JUST IN: Evacuation of 5000 Nigerians From Ukraine to Gulp $8.5m

ADEOLA YUSUF

Buhari approves money for immediate airlifting of stranded citizens as death toll rises in Ukraine   President Muhammadu Buhari has approved $8.5 million for immediate evacuation of about 5,000 Nigerians caught in Russia, Ukraine war. The Minister of State for Foreign Affairs of Nigeria, Zubairu Dada, alongside the Humanitarian Minister, Hajiya Sadiya Umar Farouk, made this known to State House correspondents at the end of the virtual meeting of the Federal Executive Council (FEC). READ ALSO: Some Nigerians Trapped In Ukraine Refusing to Come Home – Minister UK, U.S., 25…

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BREAKING: NNPC JV, Dangote Ink Multi-million Dollars Gas Supply Deals

ADEOLA YUSUF

The deals involving the JV of NNPC, Shell, ENI, and Total will deliver 70million scuf of gas daily to Dangote Fertiliser The Joint Venture (JV) consisting of the Nigerian National Petroleum Company (NNPC) Limited, Shell, Total and ENI, has signed a multi-million dollars deal to supply 70 million standard cubic feet (scuf) of gas to Dangote Fertiliser Company. The signing which took place at the on-going Nigeria International Energy Summit (NIES) was attended by President of Dangote Group, Alhaji Aliko Dangote; Group Managing Director of NNPC, Mallam Mele Kyari; Country…

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BREAKING! Court Stops Lekoil Cayman, Savannah Energy Restructuring Deals

ADEOLA YUSUF

Lekoil Cayman Limited has been stopped from proceeding on the convertible facility agreement (option agreement and the tripartite) with Savannah Energy Investments Limited, a wholly owned subsidiary of Savannah PLC after it was announced February 28, 2022. Lekoil Nigeria, a statement sent to Platforms Africa read, has challenged the takeover move in a suit filed against the London-listed oil firm, Lekoil (Cayman) Limited in a Cayman Islands court. The statement added that an injuction has been given against the restructuring deals. READ ALSO:Lekoil Limited Gets Savannah Investment’s GBP.9m Loan At…

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Nigeria’s Domestic Gas Demand, Requirement Hit 4.482bn scuf daily – NMDPRA

ADEOLA YUSUF

2.324bn scuf/day for power, 1.125 bn scuf/day for gas-based industries; 1.034 bn scuf/daily for commercial sector, Nigerian Midstream and Downstream Petroleum Regulatory Authority releases annual domestic gas demand requirement   The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has released new Domestic Gas Demand Requirement (DGDR) putting the total demand requirement at 4.482 billion standard cubic feet daily. Platforms Africa reports that a statement by the Authority Chief Executive (ACE) in Abuja yesterday, explained that the requirements were jointly determined by all the relevant stakeholders. According to the requirement,…

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Autopsy Report Says 1 Yr-Old Pupil Given 31 Strokes of Cane Died of Shock

ADEOLA YUSUF

Obinna Udeze, a child, was tied like a goat while being flogged by an adult, Emeka Nwogbo Report of the autopsy carried out to ascertain the cause of death of a 19-month-old pupil of Arise and Shine Nursery and Primary School, Asaba, Delta State, Obinna Udeze, who was allegedly flogged 31 strokes of the cane by his teacher, one Emeka Nwogbo, is out. READ ALSO: 1 Year-Old Pupil Who Was Given 31 Strokes Of Cane by Proprietor Dies BUSTED: Oromoni’s School Houseparent Lies During Cross-Examination Some Nigerians Trapped In Ukraine Refusing…

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BREAKING: Nigerian Senate Passes Bill On Independent Candidacy

ADEOLA YUSUF

Lawmakers Reject Bill which seeking to provide for the election of Mayor for the Federal Capital Territory The Nigerian Senate on Tuesday passed Bill number 58 which seeks to allow independent candidates to contest for elective positions. Pltaforms Africa reports that the Upper Chamber however threw out a bill seeking to allow Nigerians in Diaspora to vote during elections. However, a Bill which seeks to provide for the election of Mayor for the Federal Capital Territory was rejected by lawmakers with 62 YES votes. Seventy three votes were required to…

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Ghana’s Main Opposition Petitions Commonwealth Against Akufo-Addo’s Party

ADEOLA YUSUF

Send a team of legal experts to probe human rights violations and the persecution of our members by the ruling New Patriotic Party (NPP) led by President Nana Addo Dankwa Akufo-Addo using the country’s courts, NDC begs Commonwealth Secretariat in London, UK Ghana’s main opposition party, the National Democratic Congress (NDC), has petitioned the Commonwealth Secretariat in London, UK, to send a team of lawyers, judges, and legal experts to investigate human rights violations and the persecution of its members by the ruling New Patriotic Party (NPP) led by President…

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BUSTED: Oromoni’s School Houseparent Lies During Cross-Examination

ADEOLA YUSUF

Here is a read-for-yourself account of the cross-exami ation and how the housparents lies were detected   Dowen College, Lagos has begun the installation of Closed Circuit Television cameras following the death of a 12-year-old student, Sylvester Oromoni Jnr. A teacher and houseparent at the college, Ahmed Ayomo, made the disclosure on Monday before an Ikeja Corona’s Court. READ ALSO: JUST IN: Lagos Govt. Declares How, Why Dowen College’ll be Re-Opened Oromoni First Taken to Church for Prayers Before Hospital – Family Doctor VIDEO: Dowen College ex-Staff, Mother in Shouting…

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