Author: Saint Augustine

The Economic and Financial Crimes Commission has cleared the former Governor of the Central Bank of Nigeria, Charles Chukwuma Soludo of any involvement in the N750 million Polymer notes scam allegation against the former CBN boss. The Commission’s Chairman, Ibrahim Lamorde, at a press briefing in Abuja said,” after investigating Soludo, the commission did not find him incriminated in any way and had to clear him of any wrongdoing.” Lamorde said: “We invited Charles Soludo in respect of the printing of currency notes. From the investigation conducted, we did not find anything Soludo was involved in. Our partners from UK…

The Chairman of the Economic Community of West African States (ECOWAS) and Ghanaian President, John Mahama, has met with the Presidential Candidates of the Peoples Democratic Party President Goodluck Jonathan and the Presidential Candidate of the All Progressives Congress, Muhammadu Buhari. Mr. Mahama met President Goodluck Jonathan on Monday, who is seeking re-election, at the Presidential wing of the Abuja airport. Speaking to journalists after the closed door meeting, Mr. Mahama said ECOWAS expects violence-free elections and a post-election that will ensure that Nigeria maintains its place in the region. He said ECOWAS hopes all “parties involved in the election…

The Managing Director of the Nigerian Ports Authority (NPA), Mallam Habib Abdullahi has said that the Lekki Deep Seaport project was an example of the Public Private Partnership (PPP) success story that would transform Nigeria economy into global recognition. The Managing Director who made this assertion at the premises of the port in Lekki last week at a crucial meeting with core investors also described the project as a game changer and a catalyst to the nation’s economy in view of the number of businesses that the port would attract when fully operational. Mallam Abdullahi who expressed satisfaction with the…

Leading maritime lawyer and Senior Advocate of Nigeria (SAN), Mr. Femi Atoyebi has said that Justice Ibrahim Buba of the Federal High Court, Ikoyi, Lagos “clearly acted without jurisdiction” in ruling on a stay of execution application filed by the Seaport Terminal Operators Association of Nigeria (STOAN) in a matter between the association and the Nigerian Shippers’ Council (NSC). A onetime President of the Full Gospel Businessmen’s Fellowship International (FGBMFI) and a Senior Pastor of the Redeemed Christian Church of God (RCCG), Atoyebi said Buba’s ruling will not stand. “The Judge clearly has acted without jurisdiction and in such a…

The National Association of Government Approved Freight Forwarders (NAGAFF) has reminded its members of the consequences of engaging in cutting corners in the course of transacting their businesses at the Customs port with a view to reducing duty payable on their consignments. Speaking in a press release issued in Lagos recently, the Founder of NAGAFF, Dr. Boniface Aniebonam disclosed that since it was obvious that the cargo throughput had drastically reduced in the customs ports leading to low collection of customs duty, the Nigeria Customs Service was not leaving any stone unturned with a view to blocking all loop-holes that…

Governor Willie Obiano of Anambra State has been listed to be honoured as the Most Outstanding Governor in usage of ICT ‘4’ Development, especially for using Drone Technology for Mapping Purposes; Crime Fighting; and use of ICT in education at this year’s Beacon of ICT (BoICT) Distinguished Lecture/Awards Series. Ken Nwogbo, CEO/MD, Communication Week Media organisers of the event said that the lectures and awards series is widely regarded as the most prestigious annual event available in the ICT industry in Nigeria. The award will be conferred on the governor at this year’s Beacon of ICT lecture and award ceremony slated for…

…To commence work after elections The Former Governor of Anambra State, Chief Peter Obi has said that President Goodluck Jonathan has set up a committee to overhaul the nation’s seaports with a view to finding out why the ports were not functioning effectively despite huge investment by the federal government in the sector in the recent years. Obi who made this disclosure while speaking in an interactive session with the freight forwarders and other maritime stakeholders in Lagos on Thursday stated that the Committee was made up of 6 serving Ministers, all the key players in the maritime industry, the…

Less than one year of the establishment of her pet project, Caring Family Enhancement Initiative (CAFÉ), the wife of the Governor of Anambra State, Chief (Mrs.) Ebelechukwu Obiano has trained a total of 273 women and men in different small scale businesses. The breakdown of those trained are tailoring which  has  26 persons, soap making – 41,  hair dressing and beauty therapy – 62, bakery/confectionaries – 52 and community health workers – 92. Giving hints of the empowerment programmes during the celebration of the One Year in Office of the administration her husband the governor at Alex Ekwueme Square, Awka…

In what is seen as a practical move to develop tourism sector, create jobs and attract huge revenue from local and foreign tourists, the Governor of Anambra State, Chief Willie Obiano has signed a Memorandum of Understanding (MoU) with Africa Project Finance and Development Limited for the development of Ogbunike Cave into a world-class Theme Park and Resort at the cost of N250 million. Under the arrangement okayed at the Governor’s Lodge, Amawbia, the company will design, develop, finance, construct and operate the state-of-the-art Park and Resort. The equity distribution of the agreement allocates 75 percent to the company, 15 percent to the…

…As judge rules on STOAN stay of execution request tomorrow Justice Ibrahim Buba of the Federal High Court, Ikoyi, Lagos on Tuesday reserved Thursday, March 19, 2015, for ruling on an application for stay of execution filed by the Seaport Terminal Operators’ Association of Nigeria (STOAN) of his judgment in a matter involving the association and Nigerian Shippers’ Council (NSC). STOAN is requesting for a stay of execution pending determination of an appeal filed by its counsel, Mr. Femi Atoyebi (SAN) against the Federal High Court ruling delivered on December 17, 2014. Justice Buba reserved his ruling after he refused…