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Release $717.4m trapped funds to foreign airlines, Senate Urges CBN

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The central Bank of Nigeria on Wednesday has been asked to release trapped $717,478,606 airlines funds in the country.

The Senate made the call to CBN while also allocating the sum of $25 million to airlines operating in Nigeria at its fourth-nightly dollar auction.

These resolutions were reached sequel to the consideration of a motion titled, ‘Current Issues on airlines blocked funds in Nigeria’, sponsored by Sen. Biodun Olujimi (PDP-Ekiti) at the plenary in Abuja and chaired by the Senate Committee on Aviation.

The vice chairman of the committee, Sen. Bala Na’Allah (APC-Kebbi) presented the motion on behalf of Olujimi.

The upper chamber of the National Assembly also called on the Federal Government to urgently reverse the current trend of increasing airlines blocked funds in Nigeria.

It called on President Muhammadu Buhari to direct the CBN Governor, Godwin Emefiele, to pay up the blocked funds to the affected airlines.

The Senate further appealed to the airlines operating in the country not to withdraw their services, saying efforts were ongoing to resolve the issue.

Moving the motion, Na’Allah said since January 2021, Nigeria has been the most challenging country in the world for the airlines to repatriate their funds to support their operation.

In February, Nigeria alone accounted for 44 per cent of total airlines blocked funds in the entire world.

The total airlines blocked funds in Nigeria as of March amounted to $717.4 million comprising matured bids that the CBN was yet to deliver, bids yet to mature, and cash balances in airlines’ accounts for repatriation.

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Malami: FHC adjourns bail ruling January 7

Their counsel, Joseph Daudu (SAN), argued that the EFCC had previously admitted them to administrative bail and should not oppose judicial bail.

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• ‎Former Attorney‑General of the Federation, Abubakar Malami in court .

The Federal High Court in Abuja has ordered that former Attorney‑General of the Federation, Abubakar Malami, his son Abdulaziz Malami, and his wife Asabe Bashir remain in prison until January 7, when their bail applications will be decided.‎

‎Justice Emeka Nwite issued the order after hearing arguments for and against bail in the ongoing trial.

The trio face a 16‑count charge brought by the Economic and Financial Crimes Commission, alleging concealment of illicit funds worth ₦1.014 billion and unlawful acquisition of assets valued at several billions of naira.‎‎

Malami and his co‑defendants pleaded not guilty.

Their counsel, Joseph Daudu (SAN), argued that the EFCC had previously admitted them to administrative bail and should not oppose judicial bail.

EFCC’s counsel, Ekele Iheanacho (SAN), countered, insisting the application lacked merit.‎‎

Justice Nwite explained that as a vacation judge with multiple rulings pending, he would deliver his decision on January 7.

In the meantime, Malami and his son remain at Kuje Correctional Centre, while Asabe Bashir is held at Suleja Correctional Centre.‎‎

SOT ADEDAYO ADEDEJI (SAN), Member of Malami’s Legal Team

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NJC Disowns Viral Report on Alleged “Integrity Test” Failure by 34 Judicial Nominees

In a statement signed by Ahmed Gambo Saleh, Esq.Secretary, National Judicial Council, the Council states categorically that the report is inaccurate and unauthorized, and therefore does not reflect the true position of events as they transpired at the level of the Federal Judicial Service Commission (FJSC).

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• Nigerian lawyers

The National Judicial Council (NJC) has disowned a news report currently circulating on social and conventional media which alleged that 34 lawyers failed an integrity test and were consequently dropped from consideration for appointment as Judges of the Federal High Court of Nigeria.

In a statement signed by Ahmed Gambo Saleh, Esq.Secretary, National Judicial Council, the Council states categorically that the report is inaccurate and unauthorized, and therefore does not reflect the true position of events as they transpired at the level of the Federal Judicial Service Commission (FJSC).

For the avoidance of doubt, the processes referenced in the report were conducted entirely at the FJSC level, and no decision or action has yet been taken by the National Judicial Council in respect of the candidates concerned.

The Council further clarifies that while a few candidates were indeed discontinued from the process at the FJSC level based on adverse findings arising from petitions received by the Commission, a number of others did not progress further simply because they failed to meet the required qualifying score to advance to the interview stage before the NJC.

Contrary to the impression conveyed by the media reports, the Council emphasizes that there is no stand-alone or newly introduced “integrity test” whose failure automatically disqualified candidates en masse, as widely suggested.

The judicial appointment process remains structured, merit-driven, and multi-layered, encompassing written examinations, performance benchmarks, background verification, petition review where applicable, and interviews conducted strictly in accordance with established guidelines.

The Council notes with concern that the publication of inaccurate and speculative details has the potential to mislead the public and unjustly impugn the reputation of candidates who participated in the selection process in good faith.

In view of the foregoing, the NJC has commenced internal investigations to ascertain the source of the unauthorized press statement and will take appropriate steps to protect the integrity and credibility of its processes.

The Council reassures Nigerians that it remains firmly committed to transparency, fairness, due process, and the highest standards of judicial integrity, and urges media practitioners to always seek clarification through authorized channels before publishing reports on sensitive institutional matters.

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New Year Forgiveness: Akpabio Withdraws Defamation Suits Against Natasha Akpoti-Uduaghan and Others

Akpabio gave the directive touched by a sermon given by Father Donatus, Udoette, the Parish Priest, Sacred Heart Parish , Uyo, during the New Year Mass.

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The President of the Senate, Senator Godswill Akpabio, has directed his lawyers to withdraw all ongoing defamation lawsuits against Senator Natasha Akpoti-Uduaghan, who alleged sexual harassment, and several individuals.

Akpabio gave the directive touched by a sermon given by Father Donatus, Udoette, the Parish Priest, Sacred Heart Parish , Uyo, during the New Year Mass.

Akpabio said ,“I had almost nine cases in court against some individuals who defamed me, who lied against me, who slandered my name.

“But I listened to the priest and suddenly realised he was talking to me, so I hereby direct my solicitors to withdraw all lawsuits against them.”

In his homily the Priest said that the greatest thing that man needs is peace and admonished parishioners to live in peace with one another.

“You have to let go of the past, no matter what it was. All of us carry some luggage of pain and hurt. You have to let go if you want to move on,” he said.

With the Thursday’s announcement, Akpabio has formally ended all pending legal disputes arising from defamation claims, signalling closure to the publicised litigations as the year begun.

Watch video below:

https://www.facebook.com/share/v/1CwurUkDRX

Video Credit: ARISE NEWS TV

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