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  • Legal fireworks as Abia Court freezes CBN, FG Accounts

    A Federal High Court in Umuahia, Abia State has issued a mareva injunction aka global freezing order, directing the attachment of monies due to the Federal Government (FG) and the Central Bank of Nigeria (CBN) to satisfy $285.1million (N103.5 bn) judgement debt in favor of a firm, Interstella Communications Ltd. The court held that such […]
  • 50 Percent Increase in VAT: Matters Arising

    On September 11 this year, Hajiya Zainab Ahmed, Nigeria’s Finance, Budget and National Planning Minister, briefed State House Correspondents, of Government’s plan to raise the Value Added Tax rate by 50 percent, i.e. from 5 per cent to 7.5 per cent.   The recent decision to increase VAT rate, may not be very popular, as […]
  • Supreme Court and the Atiku Election Petition 

      Last week, The Supreme Court of Nigeria announced its verdict in the matter between Alhaji Atiku Abubakar and President Muhammadu Buhari, the Peoples Democratic Party (PDP), the ruling All Progressives Congress (APC and the Independent National Electoral Commission (INEC). After the February 23 Presidential election and the declaration by INEC, of incumbent President Muhammadu […]
  • Exclusive: 2023 – How the Cabal Plans to Clip Osinbajo, take down Tinubu

    With the 2019 presidential election all but done and dusted, the last may not have been heard of the face-off between Vice President Yemi Osinbajo and the Cabal in the Presidency, who are united in their bid to frustrate the Veep ahead of 2023 presidential election. The cabal has also designed a sinister plot to […]
  • Presidency Releases More Records of Obono-Obla’s Alleged Wrongdoing

    The presidency yesterday reeled out several records of wrongdoing allegedly committed by the suspended Chairman of Special Presidential Investigation Panel for the Recovery of Public Property (SPIP), Okoi Obono-Obla, saying the embattled fugitive ex-chairman violated the mandate of the panel and engaged in all manners of abuses, conduct and actions which exposed the government to […]
  • Again Court Asks PSC, Police to Maintain Status Quo on Recruitment

    Justice Inyang Ekwo of the Federal High Court in Abuja yesterday urged the police and the Police Service Commission (PSC) to respect his order directing them to maintain status quo in the interim. The PSC is before the court challenging the recruitment of 10,000 police constables by the Nigeria Police Force (NPF). Justice Ekwo reiterated […]
  • Presidency defends Buhari’s Globe-trotting

    Nigeria’s Presidency said President Muhammad Buhari’s frequent trips abroad are not for “sightseeing” but a benefit to the country’s economy. “The President’s trips are not sightseeing trips, they are justified by outcomes,” Buhari’s spokesman Garba Shehu said on Channels Television’s Sunday Politics. Insisting that the economy needs Buhari’s trips, Shehu said: “In each of the […]Read More
  • Border closure indefinite as FG lists tough conditions for reopening

    The federal government yesterday listed conditions to be met by Benin and Niger Republics before the country would reopen its borders for goods importation. This came after the Comptroller General of Nigeria Customs Service (NCS), Col. Hameed Ali (rtd), said the January 31, 2020 deadline for the first phase of the security operation that necessitated […]
  • Niger Delta “Vultures” after me, Akpabio cries out

    The Minister of Niger Delta Affairs, Senator Godswill Akpabio, has cried out that people he called the Niger Delta Vultures are after him, but denied the insinuation going round that he collected money from the former Managing Director of the Niger Delta Development Commission (NDDC), Mr. Isima Ekere, to frustrate the ongoing probe of the […]
  • President Buhari Signs Amended Deep Offshore Act

    President Muhammadu Buhari Monday in London signed the amended Deep Offshore Act.   According to the President, “Today is an important day for all Nigerians – but particularly the young generation.   “Today I signed into law the amended Deep Offshore Act. Nigeria will now receive its fair, rightful and equitable share of income from […]
  • 2023: PDP Considers Ibrahim Dankwambo/Nysom Wike Presidential Ticket

    With last Wednesday’s Supreme Court judgment, which drew the curtains on the 2019 presidential election, stakeholders in the main opposition Peoples Democratic Party (PDP) have returned to the political chessboard to begin strategizing ahead of the 2023 presidential election. www.www.aso.rocks search engine has learnt that the PDP is considering repeating the joint Northeast/Southeast presidential ticket […]Read More