Chinese firm on a confiscation blitz of Nigerian assets has finalised repossession of a luxury jet owned by the West African country in Canada. Zhongshang Fucheng Industrial Investment Ltd recently received a change of custodian paperwork for the Bombardier 6000 type BD-700-1A10 aircraft from Canadian authorities in Montreal, The Gazette heard from sources familiar, months after a Canadian court issued a judgement that empowered Zhongchang to seize the jet from Nigeria. “The court granted orders for Zhongshang to seize the plane earlier this year, but the change of custody from Nigeria to Zhongshang was only recently concluded,” a person familiar…
Author: Daily News Hub
Minister of Works, David Umahi, on Thursday, said that the Ministry will not propose any new projects for the 2025 fiscal year. He said this decision was hinged on the need to minimise or eliminate the occurrence of abandoned projects. The Minister however decried N16trillion funding gap on an ongoing over 4,000 projects he claimed the current administration inherited. Umahi spoke during a media briefing in Abuja on Thursday, to mark his one year in office. According to him, “We will not propose new projects for the 2025 fiscal year unless otherwise dictated by Mr President. “I’m going to tell…
Agency Report At least nine people died after a boat carrying migrants capsized in the Drina River separating Serbia and Bosnia on Thursday, officials said, as a search for others continued. Several people are thought to be missing after the boat carrying around two dozen migrants turned over near the border town of Ljubovija in Serbia early on Thursday, Serbian police said. “The search and rescue team and divers found the bodies of nine migrants whose boat capsized this morning,” said Bosnia’s civil protection group, which was overseeing the rescue operations. “Other people are still missing,” they added without providing…
Justice Olukayode Ariwoola, on Thursday, retired as the Chief Justice of Nigeria having reached the retirement age of 70 years. Ariwoola in his valedictory speech at the Supreme Court complex in Abuja, disclosed that to suit the times and address current challenges, he signed off on the new Supreme Court Rules 2024 earlier this month. According to him, on assumption of as the CJN two years ago, he was concerned about the rules regulating procedures in the apex court, which had been in place for 39 years, predating the advent of the internet and electronic transactions. The outgoing CJN noted…
Agency Report At least 13 people were killed when terrorists attacked the Anguwan Mai-Giro community in Niger State on Wednesday night, the News Agency of Nigeria reported. The Niger State Government confirmed the attack but did not say the exact number of people killed. Acting Governor Yakubu Garba described the attack as satanic, insensible, atrocious and callous, according to a statement by Ibrahim Bologi, the chief press secretary to the Niger governor. Mr Garba said the attack led to the death of many villagers. No group has claimed responsibility for the attack but various terror groups, locally called bandits, operate…
None of the four international bilateral customers being supplied by the power generation companies in the Nigerian electricity supply industry made payment against the cumulative invoice of $14.19m issued by the market operator for services rendered in the first quarter of 2024. The Nigerian Electricity Regulatory Commission revealed this in a report sighted by our correspondent. The foreign companies are Para-SBEE in Benin Republic ($3.15m), Transcorp-SBEE in Benin ($4.46m), Mainstream-NIGELEC in Togo ($1.21m), and Odukpani-CEET in Togo ($5.36m). NERC added that no remittances were made by bilateral customers within the country against the cumulative invoice of N1.86m issued to them…
L-R: Emmanuel Uka, Experiential Marketing/ Sponsorship Manager, Moniepoint Inc; Pharm.(Mrs) Omokhafe Ashore, National Secretary, Association of Community Pharmacists of Nigeria (ACPN); Emmanuel Imouokhome, Regional Sales Manager, Moniepoint Inc; Pharm Ambrose Igwekwama, National Chairman, Pharm. Adegboyega Oguntoye, National Vice Chair, ACPN and Pharm. Adewale Oladigbolu, Immediate Past National Chairman, ACPN during a courtesy visit to the new ACPN Executive by Moniepoint at the ACPN National Secretariat in Lagos…on Monday
…chides politicians blackmailing police for carrying out their duty Ahead of the next month’s governorship election, spokesperson of the Edo All Progressives Congress (APC) Campaign, Prince Kassim Afegbua, on Wednesday, urged the police authorities to immediately disband the state’s security outfit, Edo Security Network. Afegbua also knocked politicians in the state allegedly blackmailing the police in the state for doing their constitutional duty of maintaining law and order. The Edo APC campaign spokesman stated this in a statement he issued on Wednesday. The full text of the statement reads as follows: PRESS RELEASE. STOP BLACKMAILING EDO POLICE FOR DOING THEIR…
Former Vice President, Atiku Abubakar, has said President Bola Tinubu has effectively mortgaged Nigeria’s future to himself, his family and associates to an extent that even after he leaves office, it would be nearly impossible for the nation to break free from his shackles. Atiku, who was the People’s Democratic Party (PDP) Presidential candidate in the 2023 election, compared Tinubu’s integration of his business interests into Lagos’s public enterprises to his efforts at the federal level. This was contained in a statement released by the Atiku Media Office, in Abuja, yesterday. In the statement, Atiku said, “Just as Alpha Beta,…