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Yiaga Africa demands effective monitoring, evaluation of coronavirus vaccination

A Civil Society Organisation, CSO, Yiaga Africa, on Monday, demanded effective monitoring and evaluation of COVID-19 vaccination and also strengthening the nation’s health sector. This was stated by the Director of Programmes, Yiaga Africa, Cynthia Mbamalu, while speaking on the need for the vaccination to be guided by certain principles that would bring about the inclusion of all citizens in the process. Mbamalu said: “The conversation is important to ensure that the whole process of vaccination is guided by certain principles and every aspect of society is catered for. In the implementation of vaccines in Nigeria, we need to deploy effective monitoring and evaluation systems that will help document how well we have done, document the learning, and how we can improve on the system. “Beyon...

Commodities trading: SEC issues new rules on warehousing, collateral management

File Photo In a bid to ensure a vibrant commodities trading ecosystem, which would in turn boost foreign exchange earnings for the country, the Securities and Exchange Commission (SEC) has released new rules covering warehousing and collateral management, among others. According to the rules, every warehouse that stores commodities to be traded on a registered exchange shall apply to be registered by the SEC, while the commission shall maintain a register of all registered warehouses to be published on its website. The new rules also provide that any warehouse applying for registration shall submit proof of ownership or registered-lease deed or rent agreement, alongside a disclaimer from the owner of the warehouse/property providing waiver of ownership regarding commodities stored in such ...

EFCC chairman: I will resign If asked to do anything contrary to my conscience

The Chairman of the Economic and Financial Crimes Commission, Abdulrasheed Bawa, has said that he will resign if he’s asked to compromise. This is as he vowed to ensure that corruption in Nigeria is gotten rid of, saying the “rule of law and fear of God shall be his guiding principles.” The EFCC boss said this on Friday, March 26, 2021, when he featured in a Nigerian Television Authority interview programme One-on-One. His words were disclosed in a statement titled ‘We’ll rid Nigeria of corruption – Bawa Vows,’ which was issued on the official Twitter handle of the EFCC. “We need to change our attitudes in Nigeria,” Bawa was quoted to have said. “We are in the habit of worshipping people that have money in the society, but never bother to ask questions about their source of income. In winn...

Court declares SEC sanctions against Oando management null, void

Wikipedia Oando shareholders in the persons of Alhaji Yakubu Gumel; Alhaji Kabiru Tambari, suing for himself and on behalf of the Sokoto Zone Shareholders Association; Tunde Badmus, suing for himself and for the benefits of Pacesetters Shareholders Association, bagged yet another win at the Federal High Court (FHC) Kano, in a suit filed against the Securities and Exchange Commission (SEC) for overreaching its powers. Justice A. Lewis Allagoa presiding over the ruling dismissed the regulators preliminary objection and granted all the reliefs sought by the Oando Shareholders. The FHC Kano dismissed SEC’s objection on the basis that the shareholders’ claims fall under their rights as shareholders according to the Companies and Allied Matters Act (CAMA) and is therefore not a capital markets i...

Nigerian government tenders foreign currency in ‘money laundering’ trial of ex-NAF chief

The Federal Government, on Thursday, tendered before the Federal High Court, Abuja, different currencies of dollars stashed in three bags as evidence in the money laundering charge against Air Commodore Umar Mohammed (rtd.) Counsel to the Attorney General of the Federation (AGF), Magaji Labaran, tendered the bags of money before Justice Inyang Ekwo while leading the only witness in the case, Stephen Olatubosun, in evidence. Newsmen report that Mohammed (1st defendant) and his company, Easy Jet Integrated Service Ltd (2nd defendant), are being charged with three counts bordering on money laundering, illegal possession of firearms and possession of classified documents without lawful authority. The retired air officer and his company are alleged to have received the sum of one million, thirt...

Chelsea owner takes legal action over ‘Putin’s People’ book

Chelsea owner Roman Abramovich has launched legal action for defamation over the book Putin’s People. The Blues owner’s case relates to “a number of false and defamatory claims made about our client in the book published by HarperCollins.” The book was written by author Caterine Belton and contains a number of claims about Abramovich and others close to Russia president Vladimir Putin. Abramovich’s statement, published on Chelsea’s club website, says: “Today my legal representatives have issued legal proceedings in England in relation to a book that was published in the UK. The book contains a number of false and defamatory statements about me, including about my purchase, and the activities, of Chelsea Football Club. “Today’s action was not taken lightly. It has never been my ambition to ...

Court rules on suit over Olubadan’s seat

File Photo An Oyo State High Court sitting in Ibadan, on Friday, dismissed a suit filed by the Seriki chieftaincy lineage seeking the nullification of the appointment of Oba Saliu Adetunji as the Olubadan of Ibadanland. Olalekan Fakunle, Rasheed Abinupagun, Gabriel Amao, all of Seriki line, had approached the court, challenging the appointment of Mr. Adetunji. They are also challenging the consistent occupation of the Olubadan throne by both the Balogun and Olubadan chieftaincy lines. While dismissing the case for lacking in merit, Justice Muniru Owolabi said that it was not the business of the court to promote the claimants to the position of Olubadan and other vacant positions in the Olubadan-in-Council. Justice Owolabi said that the 1959 Chieftaincy Declaration of Oyo State had regulate...

Five more suspects arrested over murder of Afenifere leader’s daughter

Five more suspected killers of Mrs Funke Olakunri, 58-year-old daughter of the national leader of Afenifere, Pa Reuben Fasoranti, have been arrested by the police. Recall that the deceased was gruesomely murdered in July, 12, 2019 by suspected kidnappers along the Ore-Lagos highway. The suspects include Lawal Mazaje, 40, from Felele, Kogi State; Adamu Adamu, 50, from Jada in Adamawa State; Mohammed Usman, 26, from Illela, Sokoto State and Auwal Abubakar, 25, from Shinkafi, Zamfara State. Four suspects had earlier been arrested by the police, in connection with the murder case and had been arraigned before the court . They include Muhammed Shehu, 26, Mazaje Lawal, 40, Adamu Adamu, 60 and Awalu Abubakar, 25. They were arraigned on three count charge of conspiracy to kill, murder and kidnappi...

Edinson Cavani: I almost joined Manchester United ahead of Napoli

Edinson Cavani has revealed he almost joined Manchester United 11 years ago. Cavani revealed he almost joined Manchester United in 2010. The Uruguayan was with Palermo at the time but ended up joining Napoli and then Paris Saint-Germain – before signing for United a decade later. Discussing it with Inside United, Cavani said: “Just imagine it! I can’t remember exactly what happened. “I do remember there was talk about one or two different teams, but hey, if I’d had that opportunity [to join United], I would have taken it, of course I would, without giving it a second thought. “I don’t remember definitively if that was the case. “But what I do remember is that I was due to travel to the World Cup in South Africa, and during that tournament, I had a conversation with Napoli, and well, told t...

Osun government condemns killing of family of six by gunmen

The Osun Government has condemned the killings of six family members at Wasinmi in Irewole Local Government Area of the state by unknown gunmen. Newsmen report that the Police Command in the state had confirmed the killings which took place on Saturday night. Mr Benedict Alabi, the state Deputy Governor, who paid a condolence visit to the bereaved family on Sunday, described the killings as disheartening and unfortunate. Alabi, who was received by scores of family members of the deceased and some leaders in the community, described the incident as a case of brutal assassination. The deputy governor assured the community that the perpetrators would be brought to book in no distant time. He added that the state government had ordered the security agencies in the state to fish out the perpetr...

Lagos hospital presents medical records of Lekki tollgate victims

Reddington Hospital Lagos, Saturday produced the medical records of some of the patients it treated following the Lekki toll gate ‘shootings’ of last October 20. One of the hospital’s trauma and orthopaedic surgeons, Dr. Babajide Lawson, presented the case files to the Lagos State Judicial Panel on Restitution for Victims of SARS and the Lekki Tollgate Incident. The Nigerian Army has been accused of opening fire with live bullets on peaceful protesters at the Toll Gate demanding an end to police brutality using the hash tag #EndSARS. Some of the protesters have submitted petitions to the panel alleging that men of the Army’s 81 Division shot at and killed several #EndSARS protesters that night, a claim the Army denied. The Army has, however, shunned further appearance at the panel, without...