Yenagoa – The Bayelsa Rainbow Coalition for Good Governance on Tuesday urged the incoming administration in Bayelsa to be wary of the last minute policies of the outgoing administration including appointment of 35 Permanent Secretaries. Gov. Seriake Dickson of Bayelsa had on Nov. 22 inaugurated 35 new Permanent Secretaries and one Commisioner three months to […]
The House of Representatives on Thursday, resolved to set up an ad-hoc committee to probe the implementation of the $22billion Liquefied Natural Gas (LNG) project over allegations of funds mismanagement. The special panel is expected to Investigate the expenditure and implementation of the $22bn gas project located in Brass, Bayelsa state and report back within […]
.Directs suspended SEC DG to refund N104m .We won’t reverse his suspension, Adeosun tells Reps .No, I’m being punished for taken action against Oando – Gwarzo …Claims Finance Minister lacks power to suspend him The Administrative Panel of Inquiry has recommended the dismissal of the suspended Director-General of the Securities and Exchange Commission (SEC), Mr. […]
The Supreme Court on Friday gave nod to the Economic and Financial Crimes Commission (EFCC) to investigate and prosecute Yanaty Petrochemical limited over N1, 840, 768, 720 petroleum subsidy fraud allegedly committed in March 2011. The apex court in a unanimous judgment dismissed the appeal filed by the firm and added that the trial court […]
A Lagos based lawyer, Festus Keyamo SAN, on Wednesday decried the politicisation of the probe of suspended Director General of the Securities and Exchange Çommission (SEC), Mr. Mounir Haliru Gwarzo. Keyamo urged the two anti graft agencies and the panel of inquiry set up by the Minister of Finance to be “firm, fair, decisive and […]
.Appoints auditors over alleged violation of due process .To unravel over invoicing, inflation of contracts, frivolous spendings The National Universities Commission (NUC) has appointed a team of auditors to probe the tenure of former Executive Secretary of the commission, Prof Julius Okojie, over what it called ’’suspected breaches of due process and inflation of contract […]
The House of Representatives on Tuesday resolved to investigate the spate of rail accidents that have occurred across the country resulting in the deaths of motorists. Dismayed by the November 16 rail accident which occurred at the Fagba area of Ifako Ijaye Federal Constituency of Lagos state, the lawmakers passed the resolution er adopting the […]
Nigeria’s Securities and Exchange Commission (SEC) has said it is investigating complaints it received against five Capital Market Operators (CMOs), namely, Bytofel Securities and Trust Limited, Jenkens Investment Limited, Securities Solutions Limited, Wizetrade Capital & Asset Management Limited and Elyon Assets Management Limited. Consequently, SEC invited 24 Directors and 11 Sponsored Individuals from the above […]
The Peoples Democratic Party (PDP) in Bayelsa State on Tuesday summoned the former acting governor of Bayelsa State, Hon. Werinipre Seibarugu, and seven others to appear before a disciplinary committee set up by the leadership of the party over alleged anti-party activities during the last state and National Assembly elections in the state. Also shortlisted […]
Fourteen 14 medical doctors, including physician to ailing Governor Danbaba Suntai of Taraba State, may appear before the Medical and Dental Practitioners Disciplinary Tribunal for various offences, ranging from improper conduct to negligence of duty. The MDPDC has the status of a High Court as its judgement can be appealed only before the Court of […]