News
JUST IN: Vice President, Shettima Speaks On Fuel Scarcity
The Vice President of Nigeria, Kashim Shettima has resumed work at the Vice Presidential wing of the State House in Abuja.
Kashim Shettima, who was a former two tenure governor of Borno State was sworn in on Monday, May 29, as Nigeria’s number citizen, replacing Professor Yemi Osibanjo.
Speaking to journalists in his office, the Vice President restated the commitment of himself and his principal, Bola Tinubu, towards bettering the lives of the Nigerian people.
When asked about the current fuel scarcity following the president’s inauguration fuel subsidy elimination proclamation, Shettima reiterates the president’s statement promising better years ahead for Nigeria.
His statement reads:
“There are better years ahead,” the VP was quoted to have said.
Meanwhile, in a knee-jerk reaction to the confirmation of fuel subsidies removal by President Bola Ahmed Tinubu’s administration, marketers and operators have increased petrol pump price to N210 to N500 per liter.
In his inaugural speech on Monday, the President said since the immediate past President, Muhammadu Buhari, did not budget for fuel subsidies in the second half of the year, the payment is gone for good.
Following Tinubu’s pronouncement, long queues at petrol stations emerged across the country on Monday evening.
On Tuesday morning, fare that has hovered between N150 and N200 from Egbeda to Ikeja in Lagos sky rocked to N700.
In Lagos, the sharp increase in fuel pump price is almost 100 per cent as Lagosians purchase the product for N370/per litre from 180/per litre.
In Warri Delta state, the pump price had jumped to N500/per litre. In other parts of Niger state, fuel pump prices had increased to 210 -300/per litre.
These price changes happened less than six hours after Tinubu’s announcement during his inaugural speech at Eagle Square, Abuja.
News
JUST IN: Former Power Minister Mamman Convicted of N33.8bn Fraud
Justice James Omotosho held that the Economic and Financial Crimes Commission (EFCC) proved its case beyond reasonable doubt, finding Mamman guilty of illegally diverting public funds linked to the Mambilla and Zungeru Hydroelectric Power projects.
[File photo] : former Minister of Power, Saleh Mamman
A Federal High Court in Abuja has convicted former Minister of Power, Saleh Mamman, on a 12‑count charge of fraud and money laundering involving about ₦33.8 billion.
Mamman, who served in the administration of former President Muhammadu Buhari, was found complicit in the illegal diversion of public funds totalling about ₦33.8 billion.
The court found that he made a cash payment of $655,700 (equivalent to ₦200 million) for landed property in Abuja, without recourse to a financial institution.
Justice James Omotosho held that the Economic and Financial Crimes Commission (EFCC) proved its case beyond reasonable doubt, finding Mamman guilty of illegally diverting public funds linked to the Mambilla and Zungeru Hydroelectric Power projects.
The court also found that Mamman used the funds for personal gain, including paying $655,700 (about ₦200 million) in cash for landed property in Abuja—beyond the legal limit—and acquiring luxury assets in Nigeria and abroad.
Justice Omotosho described the prosecution’s evidence as “overwhelming,” saying Mamman failed to offer any credible defence, while the EFCC presented 17 witnesses and 43 exhibits to support the case.
The court noted that most of the funds were siphoned through Bureau de Change operators (BDCs), who converted the money into foreign currencies and handed it over to the defendant.
“The evidence of the prosecution is overwhelming as against the scanty and almost absent defence of the defendant.
“The defendant did not offer any credible evidence to rebut the prosecution’s case,” Justice Omotosho held.
News
Kogi Commissioner confirms release of remaining abducted orphanage victims
The operation, carried out in the Agbaja Forest axis of Lokoja Local Government Area, resulted in the safe recovery of five boys, two girls, and two adult females.
Kogi State Commissioner for Information and Communications, Kingsley Fanwo has confirmed the safe return of all those kidnapped from the Daarul-Kitab Islamic Orphanage in Lokoja.
Gunmen stormed the orphanage on April 26 and abducted 23 children, including the proprietor’s wife. Following intervention by security operatives, 15 victims were rescued on April 27.
In a statement Commissioner Fanwo said that the remaining nine victims regained freedom during a rescue operation conducted in the early hours of yesterday.
He described the development as a breakthrough against criminal elements operating within the state and a relief to affected families.
According to him, troops of the 12 Brigade of the Nigerian Army led the coordinated search-and-rescue mission with support from other security agencies.
The operation, carried out in the Agbaja Forest axis of Lokoja Local Government Area, resulted in the safe recovery of five boys, two girls, and two adult females.
Fanwo said the remaining nine victims regained freedom during a rescue operation conducted in the early hours of Wednesday.
He described the development as a breakthrough against criminal elements operating within the state and a relief to affected families.
News
FCCPC, NAFDAC sign consumer protection MoU
The Memorandum of Understanding (MoU) was signed on Wednesday at the FCCPC headquarters in Abuja.
The Federal Competition and Consumer Protection Commission (FCCPC) and the National Agency for Food and Drug Administration and Control (NAFDAC) have signed a partnership agreement aimed at improving consumer experiences and ensuring value for money.
The Memorandum of Understanding (MoU) was signed on Wednesday at the FCCPC headquarters in Abuja.
The Executive Vice-Chairman of FCCPC, Mr Tunji Bello, described the partnership as a deliberate step towards strengthening collaboration in the interest of Nigerian consumers, particularly in areas where product safety and consumer protection intersect and require coordinated action.
In her remarks, the Director-General of NAFDAC, Prof. Mojisola Adeyeye, described the MoU as a step in the right direction.
“We have had similar arrangements in the past, but this represents an improved version of the partnership,” she said.
She commended the FCCPC leadership for its commitment to protecting Nigerian consumers and reaffirmed NAFDAC’s dedication to fully implementing the provisions of the agreement.
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