Three major oil marketers have told the Federal High Court in Abuja that the planned monopoly of the energy sector by Dangote Petroleum Refinery will spell doom for the country’s oil sector. According to the oil marketers, Dangote’s plan to monopolize the oil sector is a recipe for disaster in the country. The three marketers – AYM Shafa Limited, A. A. Rano Limited and Matrix Petroleum Services Limited – in their replies to a suit filed by Dangote Petroleum in a suit marked FHC/CS/ABJ/1324/2024, told the court that the plaintiff does not produce adequate petroleum products for the daily consumption…
Author: Abimbola Ogunaike
Oyo State Governor, Seyi Makinde, on Thursday, 7 November, 2024 stated that the Peoples Democratic Party(PDP) will do everything within its power to fix the party and Nigeria. Makinde stated this on Thursday, 7 November, 2024 in Abuja at the inauguration of the Board of Governors and the unveiling of the Roadmap for Peoples Democratic Institute, PDI. PDI is the research arm of PDP established in 2000 to promote a new democratic culture in Nigeria and Africa through the provision of value-added education, training, capacity building, research, and documentation programmes. According Makinde, PDI will fix the PDP, which would in turn…
The Speaker of the House of Representatives, Tajudeen Abbas, has pledged the support of the National Assembly for the ongoing reform of the Nigerian power sector, calling for collaboration among all stakeholders to improve the reliability of the national power grid. Abbas, who stated this at the opening ceremony of the International Power Engineering Exhibition and Conference in Abuja on Thursday, 7 October, 2024, also called for the integration of renewable energy into the country’s energy mix to enhance efficiency and sufficiency. At the conference, themed “Birthing an Effective Electric Power Sector of the 21st Century: The Role of Professional…
A Jos Magistrates’ Court presided over by Magistrate Shawomi Bokkos, on Friday, 7 November, 2024 sentenced a 19-year-old trader to nine months imprisonment for robbing an elderly woman in her house. Magistrate Bokkos, summarily tried and sentenced the convict after he pleaded guilty to the charge. Bokkos, in his judgment, ordered the convict to pay an option of N20,000 fine or spend six months imprisonment, just as he also ordered the convict to pay the woman N30,00 in damages or spend another three months in prison in default. Earlier, the prosecutor, Insp. Ibrahim Gokwat, told the court that the case was reported…
Super Eagles forward, Victor Osimhen, has ruled out January exit from Turkish giants, Galatasaray, saying he will remain in the club till the end of the season. Osimhen moved to the RAMS Park on a season-long loan deal from Napoli in the summer. The Nigeria international has been linked with a move away from the Turkish Super Lig champions ahead of the summer transfer window approaching. The striker, who is presently in scintillating form for the club, however, said he is not thinking about moving elsewhere. “They are talking about January. I am here until the end of the season.…
AC Milan striker Alvaro Morata was rushed to the hospital on Thursday, 7 November, 2024 after an aerial collision with centre-back Strahinja Pavlovic, Metro UK reports. He was immediately taken to a hospital in Legnano for treatment. The former Real Madrid and Chelsea star was given an all-clear after undergoing an MRI scan. But he remained in the hospital for observation and, as a result, will now miss AC Milan’s Serie A match against Cagliari on Saturday. Tammy Abraham is expected to deputise in Morata’s absence.
The Turkish Football Federation (TFF)has handed down punishment to Fenerbahce manager, Jose Mourinho for his “smells bad” rant aimed at VAR official Atilla Karaoglan after their win over Trabzonspor. Mourinho’s men secured the win thanks to a goal in the 12th minute of stoppage time from Sofyan Amrabat. Despite picking up three points, the former Chelsea and Manchester United boss was far from pleased, arguing that VAR officiating favoured Trabzonspor, particularly through two contentious penalties awarded to the home side. The TFF, has now decided to slap a significant fine and additional sanctions on Mourinho. TFF issued a statement, saying:…
After FX supply surged Thursday, 7 November, 2024 the naira appreciated significantly against the dollar in the foreign exchange market. FMDQ data showed the naira strengthened to N1,639.50 against the dollar on Thursday, 7 November, 2024 from N1,681.65 exchanged on Wednesday, 6 November, 2024. This represents a N42.15 appreciation. Meanwhile, at the black market, the naira depreciated to N1750 per dollar on Thursday, 7 November, 2024 from between N1720 and 1735 exchanged on Wednesday. This comes as FX transaction turnover increased to $244.96 million on Thursday, 7 November, 2024 from $196.78 million recorded the previous day. In the end, the…
The Court of Appeal, Makurdi Division, has heard the appeal brought by Hon. Moses Agaba against the decision of the High Court to set aside the interim order restraining Comrade Austin Agada as the Benue State Chairman of the All Progressives Congress(APC). Hon. Agaba, in this appeal, is challenging the ruling of Justice M. A. Ikpambese, the Chief Judge of Benue State, for setting aside the interim order issued by the Benue State High Court, Aliade Division restraining Agada from parading himself as the Chairman of APC, Benue State Chapter. Arguing the Appeal, Moses Agaba’s Counsel, Matthew Burkaa, SAN, adopted…
Abia State Governor Alex Otti on Thursday, 7 November, 2024 disclosed that some civil servants arrested for their alleged involvement in various forms of pension fraud are to be arraigned in court soon. Otti also disclosed that some of the identified pensions who are based abroad are to be repatriated to face prosecution at home. The governor made this disclosure on evening Thursday, 7 November, 2024 at Government House Umuahia, while addressing the press during his monthly media chat with newsmen. Otti, who said that his administration had zero tolerance for corruption, disclosed that he has authorized that the suspects…