Author: Lawbreed Ltd

The Chief Justice of Nigeria, Hon. Justice Olukayode Ariwoola, GCON, will swear in 62 new Senior Advocates of Nigeria on Monday 28th November 2022 at the main Courtroom of the Supreme Court. This was disclosed in a statement by the Director of Press and Information, Dr. Festus Akande. He said the swearing-in ceremony is one of the several programmes planned to formally usher in the 2022/2023 legal year of the Supreme Court of Nigeria. Dr Akande noted that going by our age-long tradition, during such programmes, the Honourable Chief Justice of Nigeria, will deliver a state-of-the Judiciary address which is…

The Central Bank of Nigeria (CBN) has moved against beneficiaries of its Anchor Borrowers Programme who have failed to pay back their loans. The NIRSAL Microfinance Bank Limited (NMFB), has published the names of some of the borrowers with the largest Non-Performing Loans (NPL). NMFB, in a demand notice issued in Abuja yesterday, indicated that it had reached out to the beneficiaries who remained adamant. It said, “Following the Central Bank of Nigeria’s (CBN) directive to NIRSAL Microfinance Bank Limited (NMFB), to recover all non-performing intervention loans granted by NMFB under the Anchor Borrowers’ Programme (an intervention Scheme of the…

Two petitioners had demanded that MultiChoice, the operator of DSTV and GOTV, should be ordered to adopt a ‘pay-as-you-view’ TV subscription regime in Nigeria as it does in other countries The Competition and Consumer Protection (CCPC) Tribunal in Abuja, on Tuesday, ordered the Federal Competition and Consumer Protection Commission (FCCPC) to probe and verify, within six months, if MultiChoice is truly adopting ‘pay-as-you-view’ TV subscription in South Africa and other countries. “If that is the case, ensure that it is effected in the country,” the tribunal ordered. The order raises the hope of many DSTV and GOTV subscribers in Nigeria…

Kenya’s Supreme Court has upheld the election of William Ruto as the president-elect of the country. Ruto, Kenya’s Deputy President, was declared winner of the August 9 election by the Independent and Electoral Boundaries Commission. Raila Odinga had filed a suit challenging the election results as announced by the IEBC in August. Delivering the ruling Monday morning, Chief Justice Martha Koome struck out Odinga’s suit and upheld the election of Ruto as the president-elect Kenya. “This is a unanimous decision. The petitions are hereby dismissed, as a consequence we declare the first respondent (Ruto) as president-elect,” Chief Justice Koome said.…

A temporary relief came the way of the Speaker, Ogun State House of Assembly, Mr Olakunle Oluomo as a Federal High Court Lagos on Tuesday granted him bail in the sum of N300m with two sureties in like sum. Justice Daniel Osiagor granted the bail following no objections from the EFCC. The Speaker was arraigned over alleged N2.5bn money laundering charges. Counsel for the Economic and Financial Crimes Commission, Rotimi Oyedepo had told the court that he would leave the issue of bail solely within the discretion of the court. The lawyer to the Speaker, Kehinde Ogunwumiju (SAN), on his…

The Law Society of the Southern African country of Botswana on Monday called for the immediate resignation of the Chief Judge, Chief Justice Hon Justice Terence T. Rannowane for failing to safeguard the image of the judiciary and arrest the rot in the system which it claimed is spreading at an alarming rate. The law society issued a press release where it gave vivid details of the grievances against Justice Rannowane. The press release was confirmed by the Acting Executive Secretary to the society, Lillian Marang Muzimo in reply to an e-mail by Gavel International asking for clarification. “We issued…

Abubakar Malami, attorney-general of the federation (AGF), has explained how the federal government settled its long-standing contractual dispute with Global Steel Holdings Limited. Global Steel Holdings Limited, with headquarters in the United Arab Emirates (UAE), acquired Nigeria’s steel industry via five major concessions and share purchase contracts in 2004 during the Olusegun Obasanjo administration. However, the contracts were revoked in 2008 after the federal government accused the firm of asset stripping. In 2013, Smart Adeyemi, a lawmaker from Kogi state, had said the Goodluck Jonathan administration — which was in power at the time — recovered the Ajaokuta steel mill…

The National Drug Law Enforcement Agency (NDLEA) has filed fresh charges against Abba Kyari, a suspended deputy commissioner of police and former head of the Inspector-General of Police Intelligence Response Team (IRT). Mr Kyari is standing trial on cocaine-related charges alongside four members of his former police unit, the IRT. Fresh suit In the fresh suit filed at the Federal High Court in Abuja, the NDLEA accused him of non-disclosure of assets. The agency says it traced several properties to Mr Kyari and some of his siblings in Abuja and Maiduguri, Borno State. The Punch Newspaper reports that assets include:…

Liz Truss, UK’s foreign secretary, has emerged as the next leader of the United Kingdom’s Conservative Party and will consequently be confirmed as Prime Minister by Queen Elizabeth tomorrow in Balmoral. Ms Truss defeated ex-finance minister Rishi Sunak to claim the seat after the crisis that saw Boris Johnson vacate the position a few months back. She polled 81, 326 votes representing 57.4 per cent of the votes cast by Conservative Party members while Mr Sunak polled 60,399 representing 42.6 per cent of the votes cast. Ms Truss will become the third female prime minister of the UK. In her…

Isa Pantami, minister of communications and digital economy, says the federal government has suspended a five percent excise duty on telecommunications services in Nigeria. According to The Punch, Pantami announced this on Monday during the inaugural meeting of the presidential committee on excise duty for the digital economy sector in Abuja. The minister said the sector is already overburdened by excessive and multiple taxations. But Zainab Ahmed, minister of finance, budget and national planning, had insisted that the federal government would go ahead to implement the five percent excise duty on telecommunications services. Ahmed noted that all relevant agencies, including…