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SERAP urges President Buhari to tell Nigerians spending plan for James Ibori loot, others

The Socio-Economic Rights and Accountability Project (SERAP) has urged President Muhammadu Buhari to “urgently direct Mrs Zainab Ahmed, Minister of Finance, Budget and National Planning to disclose spending details of the $700 million looted funds reportedly recovered by the Federal Government in the past four years, including the list and location of projects completed with the money, as well as details of the contractors that executed the projects.” SERAP also urged him to “direct Mrs Ahmed to disclose how the government plans to spend the returned £4.2m Ibori loot, including details of planned capital expenditure, and whether there is any plan to ensure that the money and any future returned Ibori loot would be spent to achieve justice and effective remedies for victims of corruption in...

Cross River PDP stakeholders: We’re not defecting with Governor Ayade

File Photo The Peoples Democratic Party (PDP) Federal Lawmakers and Stakeholders Forum in Cross River have pledged not to follow the State Governor, Prof. Ben Ayade, to the All Progressives Congress (APC). The lawmakers and the PDP stakeholders forum at a news conference on Friday in Abuja, promised to remain in PDP, saying Cross River remained a stronghold of the party. Sen. Geshon Bassey, who spoke on behalf of the lawmakers, said that Ayade did not consult them before his defection, adding that “even if he did, we will not follow him. “As far as I know, till date, the National Assembly caucus remains intact. I don’t see any of us leaving. We are legacy members of the party, who have been in this party for the past 15 to 20 years. So, we are not going anywhere. “We were not consulted and...

PDP governors asks President Buhari to summon Police Council meeting

The Peoples Democratic Party (PDP) Governors’ Forum has unanimously has asked President Muhammadu Buhari to immediately summon the meeting of the Nigerian Police Council to implement strategies to combat the security challenges facing the nation. The governors, who met in Ibadan, Oyo State capital on Monday to further review the State of the nation, particularly, as it concerns the worsening security situation and the country’s collapsing economy said the meeting of the Police Council which comprises Mr President and all State Governors and other critical stakeholders should be called to evolve strategies to present threats to Nigeria as a country, especially with respect to policing Chairman of the PDP Governors’ Forum and Governor of Sokoto State, Rt. Hon. Aminu Waziri Tambuwal, who read...

NNPC selects 26 firms to lift Nigeria’s crude oil

The Nigerian National Petroleum Corporation (NNPC) has picked 26 foreign and local companies as well as 12 countries to lift the country’s crude oil for the next two years. The crude term contracts, expected to run from 2021 through 2023, would see the firms and the selected nations, which would operate on a Government-to-Government (G2G) basis to purchase the commodity from the national oil company. The deal is coming less than a week after the corporation chose 16 oil and gas consortia for its new crude-for-fuel swap contracts for one year starting in August. The contracts, known as Direct Sale, Direct Purchase (DSDP) are high-stakes agreements used to supply nearly all of Nigeria’s petrol needs as well as cover some of its diesel and jet fuel consumption. However, in the fresh crude oil...

CBN governor seeks PPP model to improve healthcare infrastructure

Bloomberg The Central Bank of Nigeria (CBN) has urged stakeholders in the public and private sectors to collaborate to build a more healthy and robust healthcare infrastructure in Nigeria. The CBN Governor, Mr Godwin Emefiele, made the call at a movie launch titled: “UNMASKED”, a feature documentary on leadership, trust and the COVID-19 pandemic in Nigeria. The movie was produced and directed by Mr Femi Odugbemi, a Nigerian documentary filmmaker, and co-produced by Ms Kadaria Ahmed, a renowned journalist, media entrepreneur and television host, on Friday in Lagos. According to Emefiele, addressing the public health crisis along with the downturn in the economy required strong coordination. He said the measures and interventions put in place by the CBN and private sector to improve governme...

Amotekun evicts another 137 northerners from Ondo forest

No fewer than 137 northerners have again been evicted from the forest reserves in Ondo state by the state security outfit codenamed Amotekun. Those evicted were occupying the Elegbeka forest reserves along Ifon-Owo road. Speaking with newsmen in Akure, the state commander of Amotekun, Chief Adetunji Adeleye said that their continued occupation of the forest reserve was a security threat to the state. Adeleye said that all the illegal forest occupants would be escorted out of the state to wherever they came from. “We got an Intelligence report that very many people bombarded (forests at) Elegbeka–Ifon area in the state. “We moved in and questioned the majority of them and they said they were from the northern part of the country “We asked for their mission they were not able to give us a cl...

Chadian rebels, government forces clash in area where slain leader was shot

Government troops and rebels clashed on Thursday in a region of western Chad where president Idriss Deby Itno was killed earlier this month. The fight in the desert region of Kanem, near Chad’s border with Niger, pits Libya-based rebels against forces loyal to a new military junta led by Deby’s son. Fiercely criticised for authoritarianism and inequality, Deby was seen as a trusty ally by many Western countries including the former colonial power France. He was seen as a stabilising force in the fight against jihadism in the wider Sahel region on the southern fringes of the Sahara desert. “Fighting is continuing in Kanem — we are going to have continue to fight, otherwise they will destabilise us,” junta spokesman General Azem Bermandoa Agouna told AFP. The Military Transition Council (CMT...

Senate passes amended AMCON bill, empowers agency to seize debtors’ assets

The Senate Wednesday passed the Asset Management Corporation of Nigeria Amendment bill after considering the report of its Committee on Banking, Insurance, and Other Financial Institutions. The amendment bill passed by the upper chamber empowers the Assets Management Corporation of Nigeria to, among others, take possession, manage or sell all properties traced to debtors, whether or not such assets or property is used as security/collateral for obtaining the loan in particular. It also empowers the corporation to access the Special Tribunal established by the BOFIA, 2020 for dealing with financial related matters. Presenting the report, Chairman of the Committee, Senator Uba Sani (APC, Kaduna Central) said the Committee engaged with stakeholders such as AMCON, Federal Ministry of Finance, ...

British premier denies saying ‘let the bodies pile high’

British Prime Minister Boris Johnson on Monday denied a newspaper report that he had said he would rather bodies piled “high in their thousands” than order a third COVID-19 lockdown. Johnson is facing a stream of allegations in newspapers – all of them denied – about everything from his muddled initial handling of the COVID-19 crisis to questions over who financed the redecoration of his official apartment. The Daily Mail newspaper cited unidentified sources as saying that, in October, shortly after agreeing to a second lockdown, Johnson told a meeting in Downing Street: “No more fucking lockdowns – let the bodies pile high in their thousands.” Asked whether he had made the remark, Johnson told broadcasters: “No, but again, I think the important thing, I think, that people want us to get o...

Super League: Everton blast Premier League ‘Big Six’

Everton have launched a furious attack on the six Premier League clubs forming the Super League. The Blues launched an official statement: Issuing a statement on Tuesday morning, the Merseyside club said: “Everton is saddened and disappointed to see proposals of a breakaway league pushed forward by six clubs. “Six clubs acting entirely in their own interests. Six clubs tarnishing the reputation of our league and the game. Six clubs choosing to disrespect every other club with whom they sit around the Premier League table. Six clubs taking for granted and even betraying the majority of football supporters across our country and beyond. “At this time of national and international crisis – and a defining period for our game – clubs should be working together collaboratively with the ideals of...