Author: Ganiyu Amodu

Senate Flags N210 Trillion Discrepancies In NNPCL Audited Financial Reports

Ganiyu Amodu

The Senate Committee on Public Accounts has uncovered alleged financial irregularities totalling N210 trillion in the audited statements of the Nigerian National Petroleum Company Limited (NNPCL), raising concerns over what lawmakers described as severe contradictions and unexplained transactions within the company’s books between 2017 and 2023. At the centre of the controversy are inconsistencies in receivables and expenditures, including legal and auditing fees paid by NNPCL without adequate documentation. The committee, chaired by Senator Aliyu Wadada, challenged the company’s Chief Financial Officer, Dapo Segun, during an investigative session held on…

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‘Historic Takeover,’ American Businessman Mark Walter Set To Buy LA Lakers In Record $10bn Deal

Ganiyu Amodu

Chelsea co-owner Mark Walter is set to take control of the LA Lakers in a deal that would make the basketball team the most expensive sports franchise ever. The Buss family intend to sell their controlling interest of the outfit to the American millionaire, with a person with knowledge of the agreement, who spoke on condition of anonymity, confirming the details on Wednesday. Walter owns a minority stake in Chelsea and is the chief executive of TWG Global, who boast the likes of the LA Dodgers, LA Sparks and Formula…

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‘Over $17m Fraud,’ Five US-based Nigerians Bag 159 Years’ Jail Term

Ganiyu Amodu

A United States of America court has sentenced five Nigerians to over 159 years of combined jail term for defrauding over 100 Americans, companies and government entities to the tune of $17m. This was contained in a statement obtained on the US Department of Justice website on Wednesday and signed by the acting US Attorney for the Eastern District of Texas, Ray Combs. The statement noted that the defendants, Damilola Kumapayi, Sandra Iribhogbe, Edgal Iribhogbe, Chidindu Okeke and Chiagoziem Okeke, were part of a transnational organised crime group. The attorney…

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Court Grants Natasha N50m Bail Over Defamation

Ganiyu Amodu

A federal capital territory (FCT) high court in Maitama has granted bail in the sum of N50 million to Natasha Akpoti-Uduaghan, senator representing Kogi central. In a ruling delivered on Thursday, Chizoba Orji, presiding judge, rejected the application by the federal government to remand the Akpoti-Uduaghan in prison custody pending trial. The judge held that there was no justification to deny Akpoti-Uduaghan bail, noting that there was “sufficient evidence” before the court showing her willingness to face trial. Chelsea Winger Mudryk Charged Over Anti-doping Violation ‘Over $456m Unpaid Revenue,’ Reps…

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Chelsea Winger Mudryk Charged Over Anti-doping Violation

Ganiyu Amodu

. The Ukraine international has not played for Chelsea since November 28, following his provisional suspension by the FA for an “adverse finding in a routine urine test” in December.   Chelsea winger Mykhailo Mudryk has been charged by the Football Association with violating anti-doping rules after failing a drugs test. Mudryk has not played for Chelsea since November 28, following his provisional suspension by the FA for an “adverse finding in a routine urine test” in December. The Ukraine international at the time said he was in “complete shock”…

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‘Over $456m Unpaid Revenue,’ Reps Threaten To Sanction 13 Oil Firms

Ganiyu Amodu

The House of Representatives Public Accounts Committee on Wednesday warned 13 non-compliant oil companies to appear before it to answer questions in the ongoing probe of non-remittance of monies due to the Federal Government, or face grave sanctions. The companies are allegedly owing the Federal Government about $456.95m (N731.12 bn) in unremitted revenues. In a statement issued by its spokesman, Akin Rotimi, the House noted that despite repeated invitations and public notices through national newspapers, the companies failed to appear before the Committee, prompting the PAC to consider punitive actions…

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Ojukwu Caused The Civil War, Gowon Insists

Ganiyu Amodu

If Emeka Odumegwu Ojukwu, had not gone ahead of me to spill the content of our meeting in Aburi, there might not have been the civil war, Yakubu Gowon, former Nigerian Head of State, said for the umpteenth time on Wednesday. Gowon, a General, who ruled Nigeria from 1966 to 1975, had in an exclusive interview aired on The Morning Show, a breakfast programme on Arise News television, stopped short of denying that there was actually an accord at his parley with Ojukwu, who prosecuted the war on the side…

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Execution Of Oloibiri Museum Project To Commence As Promoters Hand Over Site To Julius Berger

Ganiyu Amodu

Construction work at the long-awaited Oloibiri Museum and Research Centre (OMPRC), Otuabagi, in Ogbia Local Government Area of Bayelsa State is set to begin as the project promoters on Tuesday handed over the project site to Messers Julius Berger Plc, a renowned construction company, at a well-attended ceremony at the Otuabagi community town hall. The event marked the completion of formalities and alignment of all key stakeholders, thus ensuring that the project would proceed without hitches at the exact location where oil production began in Nigeria in 1957. Elated at…

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‘Africa Must Be Respected,’ Davido Pulls Out Of 50 Cent’s London Concert

Ganiyu Amodu

Global superstar, Davido, has officially pulled out of 50 Cent’s anticipated concert at Tottenham Hotspur Stadium on July 3, where he was slated to share the stage with hip-hop heavyweight and R&B legend, Mary J. Blige. The Afrobeats star broke the news via his Instagram story, stressing that his decision was not due to low ticket sales or lack of support, but rooted in artistic integrity. “This decision is not a reflection of turnout or support; it is a matter of principle and respect for my craft, my fans, and…

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‘Saudi Push Continues,’ Al Hilal Refuse To Give Up On Osimhen Despite Initial Rejection

Ganiyu Amodu

. prepares fresh transfer bid   Saudi Pro League giants Al Hilal are not backing down in their efforts to sign Nigerian striker Victor Osimhen, with a fresh proposal reportedly in the works. According to transfer expert Fabrizio Romano in a post on Monday, Osimhen recently rejected a move to Al Hilal just 10 days ago. However, the club remains determined to land the Napoli forward and is preparing a new offer to tempt him. Romano wrote, “Al Hilal are not giving up on Victor Osimhen as they want to…

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