Home Topics Obligations

Obligations

SERAP writes minister, seeks probe of ‘missing billions’ in water ministry, agencies

Socio-Economic Rights and Accountability Project (SERAP) has sent a Freedom of Information request to the Minister of Water Resources Engr. Suleiman Adamu, urging him to “clarify the action that his Ministry has taken to address and find the alleged billions missing from the Ministry and its agencies, and if there is relevant admissible evidence of corruption and mismanagement, to refer the allegations to appropriate anti-corruption agencies for investigation and prosecution.”

Deadlock in SEC case as Oando appeals court ruling

On Thursday, February 25, 2021 in a ruling presided over by Justice Giwa Ogunbanjo at the Federal High Court, Abuja, the judge declined jurisdiction to hear suits brought by Oando PLC and its directors against the Securities and Exchange Commission (SEC). The judge stated that the Investment and Securities Tribunal (IST) would be the appropriate forum to hear the matter.

Auditor-General indicts MDAs for improper spending of N105.66 billion

The office of the Auditor-General for the Federation (AuGF) has expressed concerns over irregularities and weaknesses in financial regulations across ministries, departments and agencies (MDAs) of government, especially in the disbursement and utilisation of public funds.
FILE PHOTO - Iran's Foreign Minister Mohammad Javad Zarif speaks at the presidential palace in Baabda, Lebanon August 14, 2020. Dalati Nohra-Handout via REUTERS

Iran: U.S. must first lift sanctions before talks to revive nuclear deal

Tehran said on Sunday the United States must first lift sanctions on Iran if it wants to talk about salvaging the 2015 nuclear deal, reiterating its stance that it will not make the first move to restore the pact with major powers.
FILE PHOTO - Iran's Foreign Minister Mohammad Javad Zarif attends a meeting with Russia's Foreign Minister Sergei Lavrov in Moscow, Russia January 26, 2021. Russian Foreign Ministry-Handout via REUTERS

Iran will reverse nuclear actions when U.S. lifts sanctions – foreign minister

Iran will “immediately reverse” actions in respect of its nuclear programme when U.S. sanctions are lifted, its foreign minister said on Friday, reiterating Tehran’s position on Washington’s offer to revive talks.

Kwara: 96,000 pupils to benefit from school feeding programme

No fewer than 96,000 pupils in classes one to three are to benefit from the Home Grown School Feeding Programme (HGSFP) in Kwara, says an official.

NAICOM: Local insurers losing out on big ticket transactions

The National Insurance Commission, NAICOM, has lamented the declining participation of local insurers in big ticket businesses such as aviation, annuity as well as oil and gas risks underwriting.
Minister for Foreign Affairs, Geoffrey Onyeama has said that the Nigerian Government would use the Forum of the UN General Assembly (UNGA) to seek global support fighting terrorism and increasing Foreign Direct Investments (FDI).

Minister presents certificate to Bauchi student abandoned in Egypt

The Minister of Foreign Affairs, Geoffrey Onyeama has presented a Bachelor of Medicine, Bachelor of Surgery (MBBS) degree certificate to Mrs Lu’ubatu Umar Aliyu, who had been abandoned in Egypt by the Government of Bauchi State.
The Minister of Power, Mr. Sale Mamman, who disclosed this in series of tweets via his official Twitter handle, explained that the Siemens deal would expand Nigeria’s power grid capacity to 25,000 megawatts.

Minister: Nigerian government spends over N50 billion monthly on electricity subsidy

Receiving members of the Hausa Guild of Actors and Film Producers, otherwise known as Kannywood, on Tuesday, the minister said the funds were provided to augment the shortfall by the distribution companies (DisCos) who have failed to pay for the electricity supply wheeled to them.

Lekki estate landlords sue AMCON over ‘disregard’ for court orders

Residents and landlords of Victory Park Estate, Lekki, Lagos State, have accused the Asset Management Corporation of Nigeria AMCON, of harassment over their property despite pending court cases and orders.
The Lagos State Government has hinted of intensive efforts being made to abort the planned #OccupyLekkiTollGate protest as well as a competing #DefendLagos rally.

LCC decries bank debts, fate of over 500 workers

The Lekki Concession Company (LCC) has again appealed for the understanding of aggrieved youths who are bent on preventing the company from commencing the evaluation of the extent of the damage done to its assets on the night of Tuesday, October 20, 2020, citing the subsisting bank debts and the fate of its over 500 workers as compelling reasons the process ought to begin now.
Babajide Olusola Sanwo-Olu (born June 25, 1965) is a Nigerian politician and the current Governor of Lagos State.

Lagos governor orders probe into ‘brutalisation’ of Lekki tollgate protesters

Lagos State Governor, Mr. Babajide Sanwo-Olu has directed the state Commissioner of Police, Hakeem Odumosu to institute an investigation into the harassment of some protesters who were arrested during last Saturday’s botched protest at the Lekki Tollgate.
LCC

LCC owes local, foreign lenders N11.6 billion, $31.1 million

The Lekki Concession Company (LCC) on Monday said it owes local and foreign lenders N11.6 billion and $31.1 million respectively.
“If others do not fulfil their obligations by Feb. 21, the government is obliged to suspend the voluntary implementation of the Additional Protocol,” Foreign Ministry spokesman Saeed Khatibzadeh said.

Iran says it will end snap IAEA inspections if nuclear deal terms not met

Iran said on Monday it will block snap inspections by the U.N. nuclear watchdog this month if other parties to the 2015 nuclear deal fail to fulfil their obligations, a challenge to U.S. President Joe Biden’s hope of reviving the accord.
A senior Iranian nuclear official said Saturday that the clock was ticking for other parties to salvage a 2015 nuclear deal and that it had the capacity to raise its uranium enrichment beyond 20%, although it had no plans to do so for the time being.

Iran will scale back its nuclear commitments if 2015 obligations not revived

Iran will further scale back its commitments under the 2015 nuclear deal if other parties to the pact fail to fulfill their obligations, Iranian foreign ministry spokesman said on Monday.

Senator threatens to join kinsmen in self defence against Fulani herdsmen

Worried by the seeming helplessness of security agencies to stem the tide of incessant attacks of communities in Yewaland in Ogun State allegedly by Fulani herdsmen, Senator Solomon Adeola (APC-Lagos West) has threatened to join his kinsmen in self defence.

NUT: Supreme Court didn’t grant ASUSS registration

The Nigeria Union of Teachers, NUT, has denied that the Supreme Court in its judgement of January, 15, 2021, granted secondary school teachers operating under the umbrella of Academic Staff Union of Secondary Schools, ASUSS, power to operate as a trade union.
Debt Management Office (DMO)

DMO: Nigeria’s debt-GDP will increase by 15 percent

The federal executive council (FEC) has approved a new medium-term debt management strategy (MTDS), that will guide the government in its borrowing activities for the period 2020-2023.
FILE PHOTO - A picture illustration shows U.S. 100 dollar bank notes taken in Tokyo August 2, 2011. REUTERS-Yuriko Nakao-File Photo

Forex: Nigerian manufacturers seek policy review, rates unification

Manufacturers and industrialists on Wednesday appealed to the Federal Government and the Central Bank of Nigeria for a review of the available foreign exchange (FX) policies in the country.

Insurers warn against another coronavirus lockdown

While noting the necessity of the decision of the National Insurance Commission, NAICOM, to suspend the recapitalisation exercise indefinitely in view of weakened economy, they averred that most insurance companies are yet to overcome the harsh impact of the first lockdown on their operations, hence imposing another lockdown will be devastating to the industry.

Tony Momoh to be buried Thursday as Grail Movement rolls out funeral guidelines

The remains of former Minister of Information, Prince Tony Momoh, who passed on in Abuja last week, will be interred on Grailland, Iju Hills, Lagos on Thursday, February 11, 2021, it has been announced.
Governor Yahaya Bello of Kogi has expressed his administration’s commitment to the development of the education sector as the key to high-level human capital development needed for emancipation of the people.

2023: Group begs Yahaya Bello to join presidential race

As the preparations for Nigeria’s presidency in 2023 intensifies, a diaspora group known as Governor Yahaya Bello Solidarity Movement, has joined the voices calling on Kogi State Governor, Alhaji Yahaya Bello to join the race.

Recent Stories

FILE PHOTO - A worker looks on as the second delivery of the Johnson & Johnson coronavirus disease (COVID-19) vaccine is offloaded at the O.R Tambo International Airport in Johannesburg, South Africa, February 27, 2021. Kim Ludbrook-Pool via REUTERS

South Africa signs J&J vaccine deal, eases restrictions

South Africa has signed an agreement with Johnson & Johnson to secure 11 million COVID-19 vaccine doses and will ease restrictions due to a decline in new cases, President Cyril Ramaphosa said on Sunday.
Manchester United’s Norwegian manager Ole Gunnar Solskjaer (L) congratulates players on the pitch after the English Premier League football match between Chelsea and Manchester United at Stamford Bridge in London on February 28, 2021. – The game finished 0-0. (Photo by Ian Walton / POOL / AFP)

Manchester United rages at penalty talk as team draw another blank

Ole Gunnar Solskjaer believes Manchester United are being negatively influenced by opposition managers referring to their penalty record after being denied a spot-kick in a 0-0 draw at Chelsea on Sunday.
Gov. Bello Matawalle of Zamfara has said that construction work on the Gusau Airport project would commence this month.

Zamfara governor: Abducted schoolgirls will be released soon

Governor Bello Matawalle of Zamfara State has said that the abducted students of Government Science Secondary School, Jangebe, will be released very soon.

Primate Ayodele: President Buhari has broken Nigeria’s unity

The Leader of INRI Evangelical Spiritual Church, Primate Elijah Ayodele, has once again knocked the President of Nigeria, Muhammadu Buhari, over the unsecured state of the country.
NANS National President, Comrade Sunday Asefon

NANS asks Nigerian government to declare abductors of students terrorists

Following the gale of abductions of school children in the Northern part of the country, the National Association of Nigerian Student (NANS), has advised the federal government to list bandits perpetrating such horrendous crime as terrorists.

Most Popular

Rangers Boss Steven Gerrard was full of praise for Joe Aribo after he put in another strong performance against Dundee United in the Sottish topflight.

Rangers boss applauds Nigerian star after another superb performance

Rangers boss Steven Gerrard was full of praise for Joe Aribo after he put in another strong performance against Dundee United in the Sottish topflight.
Cryptocurrency: “There is need for regulation and not prohibition of Cryptocurrency” - Vice President Yemi Osinbajo speaking at the CBN Bankers’ Forum today, 26th February 2021.

VP Osinbajo advocates regulation of cryptocurrency

The Vice President Yemi Osinbajo has said that the country needs to regulate cryptocurrency, instead of the prohibition put in place by the Central Bank of Nigeria (CBN).
French forward Anthony Martial of English Premier League side Manchester United was again at the receiving end of vile racist abuse on social media in the aftermath of Sunday’s 1-1 draw with West Bromwich Albion at the Hawthorns.

Anthony Martial not obeying team instructions – report

Anthony Martial is becoming a problem for Manchester United manager Ole Gunnar Solskjaer and is failing to follow direct touchline orders from the boss, according to The MEN.

Bride, passengers abducted along Maiduguri-Damaturu road regain freedom

A Bride and dozens of passengers who were abducted by suspected members of dreaded Boko Haram on Friday afternoon along Maiduguri- Damaturu road have regained freedom. Families of the victims and Sources have said.
Ben Affleck

Ben Affleck: I became a better actor after divorcing Jennifer Garner

American actor, Ben Affleck, says his divorce from former wife and fellow Hollywood star, Jennifer Garner, impacted positively on his acting.