Obligations

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.”

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.

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.

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.

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.

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.

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.

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.

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.

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 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.

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.

The Lekki Concession Company (LCC) on Monday said it owes local and foreign lenders N11.6 billion and $31.1 million respectively.

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.

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.

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.

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.

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.

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.

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.

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.

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.