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A legal practitioner in Nigeria, Theophilus Omenuwoma, has made headlines after he voluntarily returned the sum of N61.6 million that was mistakenly credited to his bank account. Despite the economic challenges faced by Nigerians, Omenuwoma, a Deputy Director at the Ministry of Justice, Delta State, exhibited integrity and honesty by taking immediate steps to rectify the error. This act of honesty has received commendations from various quarters.
Federal Capital Territory (FCT) minister, Nyesom Wike, has denied reports that he invited the EFCC and ICPC to investigate the former FCT Minister, Muhammad Musa Bello. The minister's office stated that the reports were baseless and without merit, clarifying that while concerns were expressed regarding irregularities in project procurement and execution, no action was authorized to initiate an investigation.
The FCT Minister, Barrister Nyesom Wike, has dismissed media reports suggesting that he plans to invite the EFCC and ICPC to investigate the former FCT Minister, Malam Muhammad Musa Bello, regarding irregularities in contract awards. The Office of the FCT Minister released a statement clarifying that these reports are baseless and without merit. The statement emphasizes the Minister's commitment to transparency and accountability in the administration of the Federal Capital Territory.
Nyesom Wike, the FCT Minister, has denied rumors of planning to investigate his predecessor, Muhammad Musa Bello, over alleged contract irregularities. The reports were deemed baseless and lacking meritorious evidence. However, the minister has ordered the demolition of shanties at Kabusa Junction in Abuja, citing the need to sanitize the area and restore serenity.
Labour Party's Presidential Candidate, Peter Obi, donates N10 million towards the development of healthcare facilities in Awka. His contribution aims to strengthen the Diocese's healthcare initiatives and support the Department of Midwifery and Public Health Nursing at the Millennium College of Nursing Sciences. Obi's commitment to the overall project and his willingness to secure funding from his connections highlight his dedication to the betterment of society.
The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has dismissed social media reports claiming that he plans to investigate the former Minister, Muhammad Bello. Wike's office categorically denies such allegations and urges the public to disregard the misleading information. The FCT Minister remains committed to upholding transparency and accountability in the administration of the Federal Capital Territory.
The Federal Capital Territory Minister, Nyesom Wike, has denied recent online media reports suggesting that he plans to invite the EFCC and ICPC to investigate the former FCT Minister, Muhammad Musa Bello. The FCTA has described the reports as baseless and without merit, urging the public to exercise caution when encountering such unfounded stories. The FCT Minister remains focused on ensuring efficient and transparent administration without resorting to unnecessary tensions.
The Nigerian Exchange Limited (NGX) reported a significant increase in investments in the stock market this week, with the financial services sector leading the way. This article provides an overview of the investment figures, the top-performing sectors, and highlights the top gainers and losers of the week.
The Katsina State government has announced the creation of the Ministry of Internal Security and the Katsina State Community Watch Corps as part of its strategy to combat insecurity. Governor Dikko Umaru Radda stated that the state has allocated significant resources to empower the people, provide security equipment, and collaborate with international organizations for long-term solutions. The governor urged citizens to remain patient as the government continues its efforts to ensure the safety and prosperity of the state.
The Peoples Democratic Party (PDP) in Benue State has called on Governor Hyacinth Alia to provide detailed information regarding the state's finances since taking office. The opposition party is demanding transparency and accountability from the governor, urging him to disclose the total accruals and expenditure of the state funds. The PDP also challenges the governor to prove his claims of improved security and peace in the state. This article delves into the demands made by the PDP and the implications of the governor's silence.
Delta State retirees, under the Association of Contributory Retirees (ACR), have rejected alleged plans by the Delta State Association of Local Government of Nigeria (ALGON) to deduct N4 million from each retiree's pension entitlements. The deduction was proposed as part of a loan repayment plan for the N40 billion debt owed to retired primary school teachers and local government workers in the state. The ACR has called on the state governor to intervene and stop the alleged extortion.
Afreximbank, in collaboration with the Government of Anambra State, has signed a Memorandum of Understanding (MOU) to enhance the state's development efforts. The agreement encompasses project preparation, advisory services, and a potential debt financing program worth up to $200 million. The partnership aims to identify and fund strategic projects, promote trade and investment, and leverage Afreximbank's capabilities to bridge infrastructure gaps. This collaboration underscores the importance of innovative partnerships in driving sustainable development and economic prosperity in Africa.
African leaders have put forth a series of innovative global tax proposals to secure financial resources for combating climate change. The Nairobi Declaration outlines their strategies, which will guide negotiations at the upcoming COP28 summit. These proposals include a global carbon taxation framework and a global financial transaction tax. The declaration also calls for reforms in the multilateral financial system and the formulation of a new Global Climate Finance Charter by 2025.
BUA Cement Plc has announced the approval of a dividend payment of N94.8 billion for the financial year ending December 2022. The announcement was made during the company's 7th Annual General Meeting, where the unaudited Q2 2023 financial results were also revealed. BUA Cement Plc reported a significant increase in profit before tax and profit after tax, showcasing its strong performance in the cement industry. The company's earnings per share for the quarter also showed remarkable growth. The AGM also saw the cancellation of unissued shares and the re-election of non-executive directors.
Dr Sherif Lawal, a United Nations Peace Ambassador, urges public office holders and politicians in Nigeria to financially support the Nigerian Police Force in its efforts to safeguard citizens and properties. He emphasizes that collaboration and empowerment are essential in addressing crimes and promoting peace.
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