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The EFCC, March 1, 2021 arraigned a former Director General of the Bureau of Public Enterprises, BPE, Benjamin Ezra Dikki, before Justice Yusuf Halilu of the Federal Capital Territory High Court, Abuja on four counts of alleged corruption.

EFCC arraigns ex-BPE boss for ‘N1 billion bribe’

The Economic and Financial Crimes Commission (EFCC) on Monday arraigned a former Director General of the Bureau of Public Enterprises (BPE), Benjamin Dikki, on N1billion gratification charges.
Economic and Financial Crimes Commission - EFCC.

EFCC arraigns Bestworth’s director for ‘misappropriation of N10.2 billion’

The Economic and Financial Crimes Commission (EFCC), on Thursday, arraigned a director of the defunct Abiodun Hassan before Justice Sylvanus Oriji of the FCT High Court, Apo, for alleged misappropriation of over N10.2billion.
The Senate President, Ahmad Lawan, has said that for appreciable development to take place in the country, more women must be regarded and enlisted to take up more spaces in governance.

Senate seeks documents as N27 billion PHCN pension probe begins

The Senate on Monday opened investigation into the alleged ‘missing’ N27bn meant for the payment of the pension of former staff of the defunct Power Holding Company of Nigeria.
As reactions continue to trail appointment of Barrister Effiong Akwa as Sole Administrator of the Niger Delta Development Commission, NDDC, a group, the Oron Union has lauded President Muhammadu Buhari for settling for a man they described as “a leader with capacity and capability to effectively confront the developmental challenges bedeviling the region.”

Coronavirus palliatives: Senate to issue warrant for NDDC sole administrator’s arrest

The Senate on Monday resolved to issue a warrant for the arrest of the Sole Administrator of the Niger Delta Development Commission (NDDC), Effiong Akwa, over his refusal to appear before it in relation to an alleged mismanagement of N6.2 billion on COVID-19 palliatives by the agency’s management last year.

BPE: PHCN sales proceeds lodged in CBN privatisation account

The Bureau of Public Enterprises (BPE) has debunked reports that it diverted N14 billion sales proceeds of the defunct Power Holding Company of Nigeria (PHCN) into private banks.
PHCN

BPE: N14 billion PHCN privatisation proceeds not diverted

The Bureau of Public Enterprises (BPE) has refuted reports that it diverted N14 billion from the proceeds of the privatisation of the defunct Power Holding Company of Nigeria (PHCN).
The Federal High Court, Abuja, on Friday, ordered the Economic Financial Crimes Commission (EFCC) to remand Mr Abdulrasheed Maina, former Chairman, Pension Reform Task Team, in the Nigerian Correctional Service’s centre pending the determination of the case.

EFCC: How Abdulrasheed Maina stole N14 billion using fictitious accounts

A prosecution witness has narrated how a former chairman, Pension Reform Task Force Team, (PRTFT), Abdulrasheed Maina, who is standing trial before a Federal High Court in Abuja, stole about N14 billion from pension accounts through several illegal payments to fake pensioners, non-existing contracts, and other pension reform unions.

BPE hands over Afam power plant to Transcorp

The Bureau of Public Enterprises (BPE) has handed over the Afam Power Plant in Oyigbo Local Government of Rivers State to Transcorp Power Consortium, which emerged the preferred bidder of the power asset, with a bid offer of N105 billion.

BPE denies diverting N2.5 billion from PHCN to acquire property

The Bureau of Public Enterprises (BPE), says its officials did not divert N2.5 billion from Power Holding Company of Nigeria (PHCN) to buy property in Aso Savings and Loans (ASL).

Senate faults BPE’s diversion of N2.5 billion PHCN proceed

The Senate Committee on Public Account on Monday condemned the diversion of N2.5bn by officials of the Bureau of Public Enterprises.
Otunba Adejare Adegbenro has described problems confronting Nigeria as self inflicted and not political.

Otunba Adegbenro: Nigeria’s woes self-inflicted, not political

Otunba Adejare Adegbenro has described problems confronting Nigeria as self inflicted and not political.
President Muhammadu Buhari on Sunday said the federal government will provide relief materials for residents of Lagos and Abuja whom he ordered to stay-at-home as part of measures to curb the spread of the coronavirus.

President Buhari: It’ll be dangerous to go back to fuel subsidy era

President Muhammadu Buhari has warned that it would be economically dangerous for Nigeria to go back to the era of fuel subsidy, citing grave financial cost and a return to the era of long fuel queues as certain results.

NLC urges NERC to take decisive action on electricity tariff increase

The Nigeria Labour Congress (NLC) has urged the Nigeria Electricity Regulatory Commission (NERC) to take decisive action on the plan by DISCOs to hike electricity tariff in the country.
The Central Bank of Nigeria (CBN) as said that its staff in Jos Branch, on Tuesday averted what would have been another major fire disaster in the country.

House of Reps discover discrepancies in CBN, AGF presentations

The House of Representatives on Thursday rejected the presentation of the Central Bank of Nigeria (CBN) on the $11 billion withdrawn from the Excess Crude Account for the National Integrated Power Project following observed discrepancies in its presentation and that of the Accountant General of the Federation.
Nigeria Labour Congress (NLC)

Labour moves against 6 percent stamp duty on tenancy, lease

Organised labour has rejected recent order by the Federal Inland Revenue Service, FIRS, to property owners and their agents to charge 6 percent Stamp Duty on all tenancy and lease agreements enter into with all leases and remit to the service.
Speaker of the Bauchi State House of Assembly, Abubakar Suleiman, has denied allegations that he alongside Senate President and other federal lawmakers received N-Power recruitment slots from the Minister of Disaster Management, Humanitarian Affairs and Social Development, Hajiya Sadiya Umar Farouk.

Bauchi speaker donates transformer to Maje town after three years of darkness

There was wild jubilation in Maje town, headquarters of Guda Ward in Ningi Local Government Area of Bauchi State on Thursday as Speaker of the State House of Assembly, Abubakar Suleiman, provided a 33KVA transformer to restore electricity in the community after three years of darkness.

Eko DisCo to phase out Unistar meters in franchise areas

Eko Electricity Distribution Company (EKEDC) says it is planning to decommission Unistar Meters assigned to about 11, 000 customers within its franchise areas.
Power returned to much of Argentina and two neighboring countries following a massive blackout that left tens of millions in the dark on Sunday.

NEPA/PHCN pensioners protest non-payment of N25 billion arrears

Pensioners of Nigeria Electricity Power Authority/Power Holding Company of Nigeria (NEPA/PHCN), yesterday, protested non-payment of their over N25 billion benefit arrears since 2012 till date.
Electricity Generation Companies (GenCos), comprising gas-fired and hydro stations, said they released an average of 3,767 megawatts of electricity into the national grid on Friday.

Strike: Electricity workers give federal government 14-day ultimatum

Electricity workers under the aegis of the National Union of Electricity Employees (NUEE) have threatened to resume its suspended industrial action if the Federal Government failed to implement the agreement they signed last month within two weeks.

Electricity workers threaten to resume suspended strike

Workers under the aegis of National Union of Electricity Employees (NUEE) have threatened to resume their recently suspended nationwide strike if the government fail to implement agreement reached with them

Eko DisCo bags employee-friendly from NUEE

Eko Electricity Distribution Company (EKEDC) has received an award for being an Employee-Friendly organization from the National Union of Electricity Employees (NUEE).
Olufemi Gbajabiamila

House of Reps summons ministers over power sector crisis

The House of Representatives has summoned the Minister of Power, Saleh Mamman, and his Labour and Employment counterpart, Chris Ngige, to explain why nothing was done regarding the 21 days ultimatum given by Electricity Workers Union over unpaid benefits to disengaged employees of the defunct Power Holding Company of Nigeria (PHCN), as well as improved condition of services by their current employers.

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Peru’s Congress on Friday voted to ban former president Martin Vizcarra, implicated in a scandal over Covid-19 vaccinations, from holding public office for 10 years.

Peru’s ex-president banned from public office

Peru’s Congress on Friday voted to ban former president Martin Vizcarra, implicated in a scandal over Covid-19 vaccinations, from holding public office for 10 years.

Zamfara: Group raises alarm over high rate of rape, sexual assaults

Worried by the high rate of rape in Zamfara State, a civil society organization (CSO) known as Human Rights Defender and Advocacy Center is seriously mounting pressure on the State Government to establish a commission that can address the cases of rape in the state.
Phil Foden is a “magician” and the natural heir to David Silva at Manchester City, says Pep Guardiola, with any suitors warned that €500 million (£450m-$550m) would not be enough to land the teenage midfielder.

Manchester City ready to hand new £100,000-a-week deal to Phil Foden

The Mirror says City are believed to be preparing a new contract offer for Foden as the club look to reward the midfielder for his influential performances.
The Central Student Disciplinary Committee, CSDC, of the University of Ibadan, UI, has meted various punishments to 22 erring students of different departments.

University of Ibadan extends registration deadline for 2020/2021 session

The management of the University of Ibadan on Friday announced the extension of the deadline set for the 2020/2021 session until April 30.
Chelsea manager Thomas Tuchel suffered the first defeat of his reign as struggling West Bromwich Albion took advantage of Thiago Silva's red card to earn a stunning 5-2 win on Saturday.

Thomas Tuchel: Chelsea squad could have a say on summer transfers

“I spoke to a conductor in Germany and he told me that once in his orchestra he had to find a new musician,” Tuchel said, according to the Star. “He picks three maybe that he likes as a replacement, but the final decision is made through the orchestra. We had a long discussion about this.

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Ahmed Idris, the Accountant-General of the Federation (AGF)

Ahmed Idris: OAGF ready to partner stakeholders on financial reform initiatives

The Accountant General of the Federation, Ahmed Idris, has declared his readiness to partner with stakeholders with valuable ideas to assist in consolidating the gains of the ongoing financial management reforms initiatives.
A plan to deliver electricity to about 25m Nigerians whose communities are off the grid has commenced in Jigawa State flagged off by Vice President Yemi Osinbajo, SAN, who restated the determination of the Buhari administration to ensure that millions more will now have access to cheap and environmentally friendly renewable power.

VP Osinbajo: Time to provide more electricity for Nigerians is now

A plan to deliver electricity to about 25m Nigerians whose communities are off the grid has commenced in Jigawa State flagged off by Vice President Yemi Osinbajo, SAN, who restated the determination of the Buhari administration to ensure that millions more will now have access to cheap and environmentally friendly renewable power.

EFCC vows to check fraudulent activities in housing sector

The Economic and Financial Crimes Commission (EFCC) has made compulsory membership of the Real Estate Developers Association (REDAN) for all real estate players as part of effort to check fraudulent activities in the housing sector.
Kola Ologbondiyan

PDP: We can’t continue with bad governance

The main opposition party in the country, the Peoples Democratic Party, PDP, has taken strong exemption to a remark by President Muhammadu Buhari that Nigerians should expect ‘continuity’ from his administration, following his return from routine medical checks in London, the United Kingdom.

DPR releases list of licensed private refineries

The Department of Petroleum Resources (DPR) has published a list of private refineries with a valid permit to operate in Nigeria.