March 2023 – The Advocate News

China-Exim Bank declines to grant FG $22.8bn loan two months before Buhari’s exit

March 28, 2023

China/Exim Bank. By Advocatenewsng.com THE outgoing House of Representatives, on Tuesday, approved the Federal Government’s request to borrow $973,474,971.38 from China Development Bank. This is coming on the heels of China-Exim Bank’s decline of an earlier agreement to grant Nigeria a loan of $22,798,446,773 earlier approved by the National Assembly. Chairman of House Committee on Rules and Business, Abubakar Fulata, moved a motion for the legislative chamber to amend its resolution granting approval to the failed commercial deal. The…

Nothing must truncate May 29 hand-over date, group tasks FG, security agencies

March 27, 2023

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Convener, SRG, Dr. Oludare. By Yusuf Sodeinde, (Advocatenewsng.com). Convener/National Coordinator of a socio-political organisation, Social Rehabilitation Gruppe (SRG), Dr. Marindoti Oludare, has tasked the Federal Government and all security organs to work assiduously towards ensuring a hitch-free handing over of government to the President-elect, Asiwaju Bola Ahmed Tinubu on May 29, 2023.Oludare who gave the charge in a statement on Sunday, said the alarm raised by the Department of State Service (DSS) that some groups were plotting to instigate…

Court dismisses Lulu-Briggs’ suit challenging Moni Pulo Ltd ownership

March 24, 2023

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Justice John Tsoho, FHC Chief Judge. By Advocatenewsng.comA Federal High Court, Abuja has dismissed the suit challenging the late Kalabari High Chief, O.B. Lulu-Briggs’ transfer of his shares in Moni Pulo Limited to his wife, Dr. Seinye O.B. Lulu-Briggs, his daughters and the O.B. Lulu-Briggs Foundation. The suit was filed by the chairman of Platform Petroleum, Chief Dumo Lulu-Briggs and three others. Justice James Kolawole Omotosho while throwing away the case noted that Dumo’s suit, marked FHC/ABJ/CS/1481/2021, was the…

US-based toxicologist, Oludare urges support for Sanwo-Olu

March 16, 2023

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Governor Sanwo-Olu of Lagos State.Nigeria-born medical doctor, based in the US, Dr Marindoti Oludare, a committed believer in true federalism as espoused by the President-elect, Asiwaju Bola Ahmed Tinubu, has taken a deep look at this Saturday’s Lagos governorship election, in the firm belief that the incumbent, Governor Babajide Sanwo-Olu of the All Progressives Congress (APC), is most qualified to continue in continue in office for a second term. Oludare is the National Converner of Social Rehabilitation Gruppe (SRG).He, however…