The former Minister of State for Labour and Employment, Festus Keyamo has challenged the European Union Election Observation Mission’s (EUEOM) final report on Nigeria’s 2023 polls, labelling it as a “reflection of a one-sided narrative.” In the report, the EUEOM accused Keyamo of sharing false information on February 12, wherein he allegedly promoted content from a suspicious website that accused the Labour Party (LP) candidate, Peter Obi, of bribery. The report further stated that the story quickly became viral but was debunked within a few hours. In response, Keyamo released a statement on Wednesday, expressing his disappointment with the EU…
Author: Victor Fola
The Federal Government has issued a stern warning to point-of-sale (POS) operators, urging them to refrain from any attempts to raise transaction fees. The government emphasized the serious consequences and sanctions that would follow such actions. According to recent reports, the Lagos chapter of the Association of Mobile Money and Bank Agents in Nigeria (AMMBAN) had recently introduced a new price list for POS transactions within the state. Stephen Adeoye, the spokesperson for the association, explained during an interview with Channels Television on July 1 that this measure was implemented to combat fraud and prevent excessive charges imposed by agents.…
President Bola Tinubu has pledged to support the development of the country’s first floating liquefied natural gas (FLNG) facility. Tinubu gave the assurance when he received a group of joint venture (JV) partners, led by Julius Rone, group managing director of UTM FLNG, at the presidential villa, Abuja. The delegates were accompanied by Emmanuella Blatmann, ambassador of France to Nigeria, and Hiromi Otuski, deputy ambassador for Japan to Nigeria. UTM FLNG Limited, a subsidiary of UTM Offshore Ltd, is a special-purpose vehicle created to actualise the project The $5 billion FLNG project is expected to create 7,000 jobs and is…
President Bola Tinubu has reassured local and foreign investors about his administration’s commitment to providing a conducive business environment. This affirmation came after a meeting between Tinubu and Mr. Julius Rone, the Group Managing Director of UTM FLNG Ltd, in Abuja. During the meeting, investors from France .and Japan pledged a significant investment of five billion dollars in the floating Liquified Natural Gas sector. The President directed the investors, Technip Energies of France and JGC Corporation of Japan, to prioritize the project, which is expected to generate about 7,000 direct and indirect jobs in the country. Furthermore, the President instructed…
The Presidential Election Petition Court (PEPC) has accepted a Certified True Copy (CTC) of Kashim Shettima’s voluntary resignation letter as the candidate of the All Progressives Congress (APC) for Borno Central senatorial district. The letter, dated July 6, 2022, was presented alongside other documents by Wole Olanipekun (SAN), the legal representative of President Bola Tinubu and Vice President Kashim Shettima, during the defense opening in the petition lodged by Peter Obi and the Labour Party (LP). The petitioners have raised concerns about the competency of Tinubu and Shettima’s joint ticket, alleging that Shettima held dual nominations. The submission of the…
President Bola Tinubu and Vice President Kashim Shettima has submitted the Labour Party (LP) membership register for Anambra State as evidence to support their claim that Peter Obi was not a registered member of the party. In response to the petition filed by Obi and the LP, Tinubu and Shettima, represented by their lawyer Chief Wole Olanipekun (SAN), presented the documents during the defense proceedings at the Presidential Election Petition Court (PEPC). The LP’s letter, dated April 25, 2022, along with the membership register, was tendered to the Chairman of the Independent National Electoral Commission (INEC). Despite objections from the…
President Bola Tinubu has begun his defence at the Presidential Election Petition Court (PEPC), submitting his educational records obtained from Chicago State University. In response to the petition filed by Atiku Abubakar and the Peoples Democratic Party (PDP), Chief Wole Olanipekun (SAN), representing Tinubu, presented copies of these records during the court proceedings. Accompanying the academic records were a 2007 letter from the United States Embassy in Nigeria, affirming Tinubu’s innocence of any criminal charges in the US, and a letter of request from the Nigeria Police Force (NPF) to the US Embassy. The 12 certified documents from Chicago State…
President Bola Ahmed Tinubu has said that his administration has put the country on the path of success. Tinubu stated this during a meeting with officials from Bank of America at the State House on Tuesday. Tinubu emphasized his government’s commitment to implementing reforms that would foster sustainable growth and development in the country. Acknowledging the need for assistance, Tinubu requested support and partnership from the bank’s management, seeking mutual benefits for Nigeria and the financial institution. He emphasized that fiscal and institutional reforms were vital for addressing the governance and development challenges facing the nation. ‘’We believe we are…
Senate President, Godswill Akpabio has announced Senator Opeyemi Bamidele, APC, Ekiti Central as the Senate Majority leader and former Senate Leader, Senator Ali Ndume, APC, Borno South as the Senate Chief Whip. Akpabio also announced Senator Dave Umahi, APC, Ebonyi South as the Deputy Leader and Senator Lola Ashiru , APC, Kwara South as the Deputy Whip. Entering the hallowed Chamber at 11.18am, Akpabio immediately prayed at 11:20am and asked Senator Orji Uzor Kalu, APC, Abia North to move for the adoption of Votes and Proceedings of 14th June and seconded by Senator Ezenwa, Imo East. Recall that the four…
The Federal Inland Revenue Service (FIRS) has entered into a partnership with the Market Traders Association of Nigeria (MATAN) in a bid to streamline the collection of value-added tax (VAT) from its members, particularly those in the informal sector. The collaboration, known as the VAT direct initiative (VDI), utilized a unified systems technology for seamless integration. MATAN, established in 1995, represents various trading associations across Nigeria and stands as the leading voice in the country’s market space, boasting a membership of over 40 million traders nationwide. FIRS explained that the VDI, the first program of its kind, employs advanced technology…