Author: Lawbreed Limited

A former Minister of Finance, Olusegun Aganga, has explained that the naira would continue to experience a free fall if Nigeria remains an import-dependent country. He said it was not a wise decision to defend the naira with billions without appropriate investments in the manufacturing sector to drive the country’s exports. Aganga made this known on Thursday at the 3rd Adeola Odutola lecture, during the 51st Annual General Meeting of the Manufacturers Association of Nigeria. He added that Nigeria must produce for local consumption and more importantly for export, for the naira to be strong. Vanguard reports that the local…

Daredevil armed robbers on Friday stormed three banks in the Otukpo area of Benue State and carted away money several millions of naira. The suspected robbers were said to have driven into the town around 3:15 p.m. and used dynamites to force the door open. Seven people, including policemen and a former councillor transacting business in one of the affected banks, were reportedly killed by the suspected robbers who operated for more than an hour. Otukpo is the political seat of Benue South Senatorial District comprising of Idoma and Igede ethnic groups. An eyewitness who simply identified himself as Sunny,…

Acting chairman of the Federal Inland Revenue Service, Zacch Adedeji, has allayed fears being expressed by corporate organisations that the resolve of FIRS to increase the country’s tax-to-GDP ratio to 18 per cent from 10.86 will lead to increase in taxes. In a statement, Adedeji said such resolve would not necessarily lead to increase in taxes or introduction of new taxes, as the President Bola Tinubu-led administration was determined to create a wholesome environment for businesses to flourish. The FIRS chairman had said the agency under his leadership, would in the next three years, achieve eight per cent raise in…

Amnesty International said a total of fifteen protesters arrested during the #EndSARS protest of 2020 are still being arbitrarily detained three years later. The international organisation on Friday said in a statement on its website that the majority of the protesters are in Kirikiri Medium Correctional Centre and Ikoyi Medium Security Correctional Centre in Lagos without trial. The organisation also accused the authorities of filing trumped-up charges including theft, arson, possession of unlawful firearms, and murder against many of the protesters. “Our investigation shows the Nigerian authorities’ utter disdain for human rights. Three years in detention without trial is a…

President Bola Tinubu has appointed Dr. Musa Adamu Aliyu as chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC). Chief Ajuri Ngelale, Special Adviser to the President on Media and Publicity, who announced this in a statement, on Tuesday, also said Mr. Clifford Okwudiri Oparaodu was appointed as the new Secretary of the commission. Ngelale said the appointments were subject to confirmation by the Senate. “In exercise of powers conferred on the President as established in Section 3(6) of the Corrupt Practices and Other Related Offences Act, 2000, and in furtherance of the Renewed Hope mandate to…

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has begun the stakeholder consultation process for its phase 4 Regulations development. The stakeholder consultation process, which is a requirement of the Petroleum Industry Act per S.216(1) in the development of new regulations, had begun earlier in July with the Commission calling for inputs to relevant draft regulations from concerned stakeholders. In a further statement signed by the Commission Chief Executive, Engr. Gbenga Komolafe FNSE, the upstream regulator had then proceeded to announce its follow-up consultation forum billed to hold in two segments across different dates within October and November of this year.…

The Minister of Solid Minerals Development, Dr Dele Alake, Wednesday, declared that governors do not have the constitutional powers to ban mining activities. Alake made the statement during a pre-event press conference in Abuja ahead of the 8th edition of the annual Nigerian Mining Week 2023 slated for October 16-18,2023 in Abuja. He pointed out that the governors know that mining remains exclusively for the federal government in the Constitution, hence it is not under the purview of a State Governor as far as the enactment laws, and regulations of operations of solid minerals are concerned. Therefore, the Minister cautioned…

A Nigerian doctor based in the United Kingdom has lost custody of his 16-year-old son to the government after flogging him with a belt. This was revealed by a child rights advocate known as pepstalk1 on her Instagram page on Wednesday. She narrated that the Nigerian doctor flogged his son after he caught him and his friends invited over to study together watching an inappropriate video. His friends reportedly informed the police and told them that while the father was beating his son with a belt, the doctor repeatedly said, “Is this how you want to become a doctor?” She…

The Federal Government has unveiled plans to initiate a convenient home delivery service for Nigerian passport applicants, eliminating the need for individuals to queue at immigration offices nationwide. This groundbreaking development is set to enhance the passport application process. Dr. Olubunmi Tunji-Ojo, the Minister of Interior, disclosed this innovation on Monday during the opening ceremony of the University of Lagos’ International Week, themed ‘Breaking the Borders of Partnership.’ Tunji-Ojo explained that as of January next year, Nigerians can complete their passport applications online. Furthermore, in February 2024, passports will be delivered directly to applicants’ homes, offices, or preferred locations through…