Author: Lawbreed Limited

The Nigerian National Petroleum Company (NNPC) Limited has said that 64.42 million liters of fuel were evacuated on a daily basis between January 28 and February 3. This disclosure is contained in a Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) weekly and daily dispatch report posted on its official Twitter account on Sunday, February 5. Meanwhile, the report also noted that within the week under review the total evacuation for the week was 450.92 million liters. These figures give credence to the February 2 statement made by Group Chief Executive Officer of the NNPC, Mele Kyari on the NTA…

The Nigerian National Petroleum Company Limited has struck a $741 million deal with Daewoo Engineering and Construction Company to rehabilitate an oil refinery in Kaduna State. According to Bloomberg, NNPCL signed the maintenance service contract with the South Korean engineering firm at a ceremony held on Thursday. In a statement issued by the company, it read, “Under the terms of the agreement, Daewoo will restore production at the inoperative 110,000 barrels-a-day facility to at least 60 per cent of its capacity by the end of 2024.

Paul Oyewole, an Ondo-based cleric, has been dragged before a Magistrates Court, sitting in Ondo town, for allegedly faking his obituary to avoid payment of debt. Mr Oyewole was arraigned on Thursday before Magistrate Mosunmola Ikujuni, after he allegedly published and posted his own death on social media to avoid payment of N3 million owed his church member. The cleric, who was docked by the court was alleged of fraudulently obtaining the huge sum from Boyede Emmanuel, his church member, claiming to pay back the money within seven days. Speaking when the case came up for mention, Akao Moremi, police…

The Osun Governorship Election Tribunal has sacked Senator Ademola Adeleke as Governor. In a majority judgment, the tribunal chaired by Justice Tertse Kume cancelled election in 744 polling units due to over-voting. Former Governor Adegboyega Oyetola challenged the July 16th 2022 governorship by joining All Progressives Congress(APC) to file a petition against the victory of Adeleke. He alleged over-voting in 749 polling units and certificate forgery by candidate of the Peoples Democratic Party(PDP). Oyetola and APC who dragged Independent National Electoral Commission(INEC) as the first respondent, Adeleke, second respondent and PDP as the third, called two witnesses. Counsel to the…

The first female Chairman of the Chartered Institute of Taxation of Nigeria, Abakaliki & District Society, Mrs Nnachi Justina, was Thursday, inducted. Mrs. Nnachi, was elected chairman during the 2022 Annual General Meeting of the District society in Abakaliki. Members of the new executives inducted alongside Mrs Nnachi, include; Mr Irem Sylvester (1st Vice Chairman), Cyril Agbo (2nd vice chairman), Larry Nwanoke (Secretary General), Uche Enogwe (Financial Secretary), Office Cornelius (Assistant Secretary) and Chigozie Ohanede (Publicity Secretary). Others are: Steve Onwukwe (Treasurer), Chima Eze (Technical Secretary), Moses Nwankwo (Membership Secretary), Angela Onyibe (Society for Women in taxation), Kingsley Onyekezie (1st…

The Election Petitions Tribunal hearing the All Progressives Congress’ Adegboyega Oyetola’s petition against the victory of the Peoples Democratic Party’s Ademola Adeleke on Friday annulled the result of the July 16 Osun governorship poll. Justice Tetsea Kume, while delivering a majority decision, declared that the Independent National Electoral Commission did not comply substantially with the constitution and the provisions of the Electoral Act. He subsequently deducted the over-voting observed from the votes scored by the candidates and declared that Oyetola won the election, having polled 314, 921, while Adeleke’s score came down to 290, 266. He directed INEC to withdraw…

The United States has imposed visa restrictions on some Nigerians accused of undermining democracy, noting that this was part of the action to advance democracy and tackle corruption in Nigeria. The US Secretary of State, Antony Blinken, who disclosed this in a statement on Wednesday, said that the sanctioned individuals, whose names he did not reveal, would be ineligible for the US visa. The top-ranking diplomat also explained that some family members of those barred from the US may be subjected to the same restriction. He stated, ”We are committed to supporting and advancing democracy in Nigeria and around the…

Nigeria has begun an attempt to overturn the $11 billion debt awarded in favour of Process and Industrial Developments (P&ID). In 2019, a British court gave P&ID the go-ahead to seize Nigerian assets worth $9 billion over a 2010 contract. The company claimed it entered into an agreement with Nigeria to build a gas processing plant in Calabar, Cross River state; but that the deal collapsed because the Nigerian government did not fulfil its end of the bargain. The award, which has been accruing interest since 2013, is now worth $11 billion. At the proceedings in London’s high court on…

There was drama at the Abuja Division of the Federal High Court on Monday, as two Senior Advocates of Nigeria, representing the Nigeria National Petroleum Company, (NNPC) in the N100 billion suit filed by Ifeanyi Ararume against the company walked out on the court. Kanyinsola Ajayi and Etigwa Uwa, counsels to the NNPC, walked out of the courtroom following their failure to get Justice Inyang Ekwo to hear only their application for a stay of proceedings in the suit. Mr Ajayi, after identifying his processes, prayed the court to allow him to argue his application for a stay of proceedings…

The Court of Appeal in Makurdi, Benue, has annulled the primary election of the All Progressives Congress (APC) that produced Hyacinth Alia as the gubernatorial flag bearer of the party. The appeal was brought before the court by a gubernatorial aspirant, Terhemba Shija, who said that the APC’s refusal to hold a valid election in the LGAs was a calculated attempt to scheme him out of the contest. In a ruling delivered on Monday by Justice Biobelle Georgewill, the court agreed that the appellant was able to prove that no primary election was held in the said LGAs, and ordered…