ProbitasNews

Dangote defends cement price amid criticism

1 year ago1283 min

Dangote Cement Plc has stated that its cement price is comparable to or lower than that along the West African coast. The company also stated that, contrary to widespread media claims, the price of a bag of cement from its Nigerian operations had not increased. There has been substantial criticism directed at the corporation due to the differential in the price of its cement in Nigeria compared to other West African countries. According to a...

by Probitas

Smuggler offered N50m bribe for seized containers release – Customs

1 year ago1983 min

According to the Tincan Island Command of the Nigeria Customs Service, the N50 million bribe demanded by a smuggler involved in the importation of tramadol and other drugs to have his container released was turned down. During a Monday press conference at the command, Tincan’s Customs Area Comptroller, Mr. Adekunle Oloyede, claimed this. He claimed that Boniface Ike, the suspect, acknowledged possession of two 40-foot containers found to be carrying drugs and valued at N550m...

by Admin

News Politics

Lagos Assembly alleges planned attack on Speaker, others over rejected cabinet nominees

1 year ago1229 min

The Lagos State House of Assembly said on Monday that some anonymous individuals planned to harm its Speaker, Mudashiru Obasa, and other lawmakers over the recent screening and rejection of several cabinet nominees provided by Governor Babajide Sanwo-Olu. During plenary on Monday, Obasa emphasized that the House would not be intimidated, despite “sponsored protests by some civil society groups and activists,” because its action was “in tandem with the constitution.” “Before today, I had been...

by Probitas

Local Politics

Nigerian Presidential Election Tribunal refutes Fixing September 16 For Judgement On Peter Obi, Atiku’s Petitions Against Tinubu

1 year ago5833 min

According to the Presidential Election Tribunal in Abuja, no time has been set for it to render decisions on the several petitions contesting the election of President Bola Tinubu. In response to a widely circulated report that the Tribunal had set September 16, 2023, as the judgment date for the case brought by Atiku Abubakar, the Peoples Democratic Party, Peter Obi, and the Labor Party against Bola Tinubu, the Independent National Electoral Commission (INEC),...

by Admin

News Politics

N5 billion palliative: CSOs, community leaders set agenda for Akwa Ibom government

1 year ago1436 min

Otuekong Franklyn Isong, Chairman of the Center for Human Rights and Accountability Network, CHRAN, Akwa Ibom State, has advised the Akwa Ibom State government to channel the N5 billion released by the Federal Government into the procurement of Compressed Natural Gas, CNG, vehicles. It also advised the government to subsidize transportation costs for civil servants, students, and other residents. Isong, who is also a member of Akwa Ibom State’s Palliatives Committee, stated that the Civil...

by Probitas

Business Economy

Let’s move Nigeria forward, partner for nation-building — Tinubu, Elumelu

1 year ago6565 min

ABUJA—President Bola Tinubu has pleaded with the nation’s legal professionals to recommit to providing services that will advance the country. As he opened the Nigerian Bar Association’s 2023 Annual General Conference in Abuja, the President emphasised that such rededication must begin with a shift in perspective and a complete determination to national progress. This occurred at the same time that Mr. Tony Elumelu, Chairman of United Bank of Nigeria, UBA Plc, stated yesterday that...

by Probitas

Business & Economy

Banks, 18 others, fined N125m for late filings

1 year ago5955 min

Eight banks at least and 18 other publicly traded corporations have each been penalised N125 million for failing to submit their 2022 audited financial statements and quarterly reports for the first half of 2023, as required by the Nigerian Exchange. The affected banks were Unity Bank, FBN Holdings, Access Holdings, Fidelity Bank, Jaiz Bank, Wema Bank, Guaranty Trust Holdings Plc, and Ecobank Transnational Incorporated. The sanction also had an effect on John Holt, PZ Cussons,...

by Probitas

News

Nigerian Air Force aircraft departs Abuja for Paris, as political situation in Niger deteriorates

1 year ago2206 min

Due to a delay, the Dassault Falcon 7X, with registration number 5N-FGU, took off from the Nnamdi Azikiwe International Airport in Abuja at 4.18 p.m. while its scheduled departure time (STD) was 3 p.m. At the time this report was filed, it was unable to determine the cause of the delay. The plane is anticipated to land at Paris-Le Bourget Airport at 10.42 p.m., SaharaReporters has learned. In the past six days, the airplane has...

by Admin

News Politics

PSC claims that S’Court ruled in our favour to hire police constables

1 year ago975 min

According to the Police Service Commission, the Supreme Court has given it permission to be the only entity in charge of hiring constables for the Nigeria Police Force. According to reports, the PSC and the NPF have been involved in a protracted legal dispute over who should be in charge of hiring police constables since former President Muhammadu Buhari approved the hiring of 10,000 constables annually for six years. Ikechukwu Ani, the PSC’s spokesman, claimed...

by Admin

Customs accuse valuation officers of compromise on vehicles importation

1 year ago1335 min

The Nigeria Customs Service has accused valuation officers on imported vehicles at various commands of failing to follow the procedure for the examination, valuation, and release of imported used cars. This was contained in a circular titled ‘Re Conduct of Examination and Release of Used Vehicles’ signed by the Assistant Comptroller General, Tariff and Trade, C.K Niagwan, and dated August 24. Instead of applying the base value, the service stated in the circular that imported...

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