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Month: October 2022

How Zamfara governor allegedly used state’s funds to purchase multi-billion naira Abuja properties
October 31, 2022
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| Corruption matters, Slider, Sportlight

Governor Bello Mohammed Matawalle of Zamfara State. By Advocatenewsng.com. Mr. Bello Mohammed Matawalle, the governor of Zamfara State has recently been in the news for the wrong reasons. The unsavoury reports ranged from his controversial proscription of political campaigns and unlawful banning of some media houses in the state to the current allegation of diverting billions of naira belonging to the state for the purchase of choice properties in Abuja Federal Capital City. The embattled governor has been under…

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US court, Attorney exonerate Allen Onyema, Air Peace from alleged Letters of Credit fraud
October 29, 2022
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| Judiciary, Slider, Sportlight

CEO of Air Peace Limited, Mr. Allen Onyema. By Advocatenewsng.com. THE CEO of Air Peace, Mr. Allen Onyema, his company and one Ejiro Eghagha have been exonerated from any shady deal in the alleged fraudulent transaction of Letters of Credit raised for the purchase of some aircraft for Air Peace by a US District Court, Atlanta, Georgia and the Attorney of the Northern District of Georgia. This clarification came from the United States Attorney for Northern District of Georgia…

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Sanwo-Olu presents N1.692t Lagos budget for 2023
October 27, 2022
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| Politics, Slider, Sportlight

Governor Babajide Sanwo-Olu of Lagos State. By Advocatenewng.co. Lagos Governor Babajide Sanwo-Olu has presented an estimated N1,692 trillion as budget estimates for the 2023 to the House of Assembly. Tagged ‘Budget of Continuity’, it comprises revenue of N1.342 billion and deficit financing of N350,000 billion. This further comprises total Internally Generated Revenue (IGR) of N1.108 billion and federal transfers of N234 billion. The estimates also propose a recurrent expenditure of N759 billion and Capital expenditure of N670 billion. Recall…

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CBN to release re-designed Naira notes December
October 26, 2022
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| Economy, Slider, Sportlight

By Advocatenewsng.com. THE Governor, Central Bank of Nigeria, Godwin Emefiele, has announced that the bank would release re-designed Naira notes by December 15, 2022. He also said that existing notes would seize to be regarded as legal tender by January 31, 2023. Emefiele disclosed this during a press briefing in Abuja on Wednesday. The CBN said that it is worrisome that 85 per cent of the currency in circulation is being hoarded by Nigerians. He further urged Nigerians to…

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Fidelity Bank supports Pinnacle Oil and Gas to ease petroleum products distribution nationwide
October 26, 2022
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| Energy supply, Slider, Sportlight

L – R: Managing Director/Chief Executive Officer, Fidelity Bank Plc, Mrs. Nneka Onyeali-Ikpe; Executive Governor, Lagos State, His Excellency, Mr. Babajide Sanwo-Olu; Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mallam Mele Kyari; and Group Chief Executive Officer of Pinnacle Oil and Gas Limited, Mr. Peter Mbah at the inauguration of the Pinnacle Oil and Gas FZE Terminal in Lekki, Lagos on Saturday, 22 October 2022. By Advocatenewsng.com. AS part of its efforts towards facilitating…

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INEC releases Imo, Bayelsa, Kogi governorship election timetable
October 25, 2022
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| Politics, Slider, Sportlight

INEC Chairman. Prof. Mahmood Yakubu. By Advocatenewsng.com. THE Independent National Electoral Commission has released timetable and schedule of activities for Bayelsa, Imo and Kogi state governorship elections. This was contained in a statement signed by the National Commissioner and Chairman, Information and Voter Education Committee, INEC, Festus Okoye on Tuesday. INEC revealed that the governorship elections of these three states would hold on November 11, 2023. According to the Commission, this decision is in fulfillment of the requirement of…

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New UK PM, Sunak performs Hindu rituals before entering office
October 25, 2022
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| Foreign Relations, Slider, Sportlight

New PM of Britain, Rishi Sunak. By Advocatenewsng.com. THE British Prime Minister, Rishi Sunak performed some religious rituals on Tuesday before entering his new office at 10 Downing Street, London which is the official and executive office of the Prime Minister. Sunak who emerged as the Tory leader yesterday was seen bringing some substance out of his trousers pocket and lit oil lamps placed outside his office. Sunak is the youngest UK PM at the age of 42 and…

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Appeal Court rejects Govt’s stay of execution, restates Nnamdi Kanu’s express release from custody
October 24, 2022
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| Judiciary, Slider, Sportlight

IPOB leader, Nnamdi Kanu. By Advocatenewsng.com. THE Appeal Court in Abuja, Nigeria’s capital has upheld the judgment acquitting and discharging the leader of the Indigenous People of Biafra, Nnamdi Kanu. Chief Mike Ozekhome (SAN), lead counsel to the lawyers representing the separatist leader on Monday said the court upheld its ruling of October 13, which set Kanu free. The Nigerian government had sought a stay of execution on the ruling of the Court of Appeal acquitting and discharging Kanu….

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Court orders final forfeiture of Diezani’s Abuja property, cars
October 24, 2022
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| Judiciary, Slider, Sportlight

Former Minister of Petroleum Resources, Diezani Allison-Madueke. By Advocatenewsng.com. JUSTICE Mobolaji Olajuwon of the Federal High Court, Abuja, on Monday, October 24, 2022, ordered the final forfeiture of two Abuja properties and two luxury cars belonging to a former minister of petroleum resources, Mrs. Diezani Alison-Madueke, to the Federal Government. The two properties are located at Plot 1854 Mohammed Mahashir Street, and No. 6, Aso Drive, in the highbrow Asokoro and Maitama Districts of Abuja are valued at $2,674,418USD…

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Buhari honours Jonathan, Wike, others with service awards
October 21, 2022
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| Politics, Slider, Sportlight

Wike receives public service award from Buhari on Friday. By Advocatenewsng.com. President Muhammadu Buhari today admitted the former President Goodluck Jonathan, Governor Nyesom Wike of Rivers State and 42 other prominent Nigerians into the prestigious ‘Nigeria Excellence Award in Public Service’ circle. The event took place in the Conference room of the Presidential Villa, Abuja. The awards were also extended to 16 other state governors and other public servants like Senate President, Ahmad Lawan; Speaker of House of Representatives,…

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