Tag Archives: economic

  The trial of former Minister of Justice and Attorney General of the Federation, Muhammed Bello Adoke and Aliyu Abubakar continued on Monday, September 7, 2020, before Justice I.E Ekwo of the Federal High Court, Abuja with the Economic and Financial Crimes Commission(EFCC) presenting its third witness, PW3 against the former Minister. At the resumed … Continue reading EFCC Presents Third Witness Against Adoke

    Nigeria has secured a landmark victory in its pursuit to overturn a $10 billion judgement awarded against it in a case against Process and Industrial Developments (P&ID). Delivering his judgement on Thursday, Ross Cranston, a judge of the Business and Property Courts of England and Wales, granted Nigeria’s application for an extension of … Continue reading Nigeria Secures Landmark Victory In Bid To Overturn P&ID Judgement

    The Chairman of the Peoples Democratic Party (PDP), Edo State Campaign Council, Dan Orbih says the former National Chairman of the All Progressives Congress (APC) Mr Adams Oshiomhole is a man that has lost his political relevance and should not be taken seriously. He claimed that Oshiomhole’s loyalists in government have made demands … Continue reading Edo Poll: Oshiomhole Has Lost Political Relevance, Says PDP

  The Economic and Financial Crimes Commission, (EFCC) has secured the final forfeiture of N827, 679,098.32 from Flank Power Resources Limited and GMFD Ventures Limited. Both firms are linked to contractors with the Niger Delta Development Commission (NDDC),  Matthew Edevbie is the Chief Executive Officer of Flank Power Resources Limited. In a statement by the … Continue reading EFCC Gets Final Forfeiture Of N827.6m From NDDC Contractors

  Justice Ibrahim Buba has dismissed a suit bordering on an alleged N34bn fraud filed by the Federal Government against the former Director-General of NIMASA, Patrick Akpobolokemi and a firm known as Global West Vessel Specialist Limited, linked to a former Niger Delta militant leader, Government Ekpemupolo, popularly known as Tompolo and 7 others. In … Continue reading Alleged N34bn Fraud: Court Dismisses Case Against Akpobolokemi, Tompolo’s Company

Imo State governor, Hope Uzodinma, says he has forfeited his security vote to enable him settle economic challenges in the state, especially the payment of salaries and pension. Uzodinma made the announcement when he met with the Imo Economic Development Initiative, led by Professor Maurice Iwu, at government House in Owerri on Tuesday. In a […]

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