SERAP Demands Missing $2.1bn, N3.1trn Subsidy Payments Probe

By Bliss Okperan The Sokoto State Election Petition Tribunal will on Saturday, September 30, 2023, deliver a judgement on the petition filed by the candidate of the Peoples Democratic Party (PDP) in the governorship election in the state, Mr Sa’idu Umar. Mr Umar challenged the victory of the Governor of Sokoto State, Mr Ahmed Aliyu, who contested the poll under the platform of the All Progressives Congress (APC). He said Mr Aliyu was not qualified to partake in the poll and also alleged electoral fraud during the March 18 governorship election. In a press release, the court stated that, “Take

By Adedapo Adesanya The Nigeria Labour Congress (NLC) is set to embark on its planned strike as it said it does not have any agreement with the federal government to shelve the action. This came from its Head of Information and Public Affairs, Mr Benson Upah, who countered a statement by the Ministry of Labour and Employment. Mr Upah also said the NLC did not have any date for a meeting with the government that may lead to the suspension of the proposed strike. “We do not have any agreement with the government to suspend the planned strike action. Neither

By Adedapo Adesanya The President of Nigeria, Mr Bola Tinubu, has promised relief amid reforms that have increased hardships among Nigerians in his first Independence Day broadcast on Sunday. Nigeria is marking her 63rd Independence anniversary. Speaking during a brief broadcast, President Tinubu said his reforms, including fuel subsidy removal and unification of exchange rates, have come with some effects, which he admitted were painful but are needed. He announced that small businesses would get much support while an additional N25,000 would be given to low-income earners for six months to cushion the hardship. Mr also promised housecleaning at the

In recognition of Customer Service Week 2023 (October 2 – 6), Schneider Electric shares valuable insights on improving customer satisfaction. Ajibola Akindele, Country President, Schneider Electric, West Africa, shares strategies and insights on how Schneider Electric has built long-lasting customer relations over the years through customer satisfaction. How would you describe Customer Service? The heart of Schneider Electric is its customer service. It represents our guiding principles and is essential to how we conduct business every day. At Schneider Electric, we consider providing exceptional customer service to be more than just a department, but rather a part of who we

By Adedapo Adesanya It was not a good outing for the crude oil market on Thursday as prices fell as worries about weaker economic growth offset expectations that crude demand could rebound in China. During the session, Brent crude fell 0.7 per cent or 36 cents to $111.68 per barrel while the United States West Texas Intermediate (WTI) crude fell 0.7 per cent or 45 cents to $110.90 per barrel. Crude gains have been limited this week, with the Brent and US benchmarks mostly trading in a range due to the uncertain path of demand. Investors, worried about rising inflation

By Dipo Olowookere On Wednesday, January 4, 2017President Muhammadu Buhari presided over the weekly Federal Executive Council (FEC) meeting. It was the first FEC meeting to be held in 2017. The meeting, which took place at the Council Chamber of the Presidential Villa, in Abuja, was attended by Mr Buhari and about 20 Ministers, including Mr Audu Ogbeh, Mrs Kemi Adeosun, Mr Ibe Kachikwu, Mr Solomon Dalung, Mr Geoffrey Onyeama amongst other. However, Vice President, Mr Yemi Osinbajo, was not present at the meeting because he is currently on vacation.

By Dipo Olowookere A non-political, non-religious, and non-profit making organization, Centre for Anti-Corruption and Open Leadership (CACOL), which filed a petition to the Economic and Financial Crimes Commission (EFCC) against the suspended Director General of Securities and Exchange Commission, Mr Mournir Haliru Gwarzo, has visited the anti-graft agency to defend its allegations against the SEC boss. A statement signed on Monday by the Executive Chairman of CACOL, Comrade Debo Adeniran, disclosed that the visit was sequel to an invitation to the group by the EFCC on the petition of corruption levelled against Mr Gwarzo. It was gathered that Mr Adeniran

By Olusegun Koiki Daily Independent newspaper has unearthed the real reasons former workers of the defunct Nigerian Airways are yet to receive the severance package despite President Muhammadu giving the approval for the payment. It was gathered that the conflict between the Office of the Accountant General of the Federation (OAGF) and the Presidential Initiative on Continuous Audit (PICA), a department under the Ministry of Finance, is stalling final payment of severance benefit to ex-workers of the defunct national carrier, Nigeria Airways. Independent learnt that the conflict between the two government bodies is as a result of who gets the

By Dipo Olowookere Nigeria’s President, Mr Muhammadu Buhari, has informed the Senate that he intends to present the 2020 Appropriation Bill to a joint session of the National Assembly next Tuesday. President of the Senate, Mr Ahmad Lawan, broke this news to his colleagues during plenary on the red chamber of the parliament on Thursday, 03 October 2019 in Abuja. The nation’s number three citizen, while reading a letter from Mr Buhari, said the President has communicated his interest to do the presentation to the lawmakers on Tuesday, October 8, 2019, the next adjourned day for activities on the upper

By Modupe Gbadeyanka The management of MBA Trading and Capital Investment Limited, also known as MBA Forex, has attributed its failure to return the funds invested in the country to its owners to the actions taken by the Central Bank of Nigeria (CBN). The firm, which is involved in foreign exchange (forex) trading and investment in capital investment, said the banking sector regulator in Nigeria “suspended any dealings in our [bank] accounts.” According to the chief executive of the organisation, Mr Maxwell Odum, “All other payment gateways we normally use for the easy payout of funds have also blacklisted.” He

By Modupe Gbadeyanka After serving on the board of UACN Property Development Company Plc for over nine years, Mrs Halima Alao, a former Minister of Environment, Housing and Urban Development, has called it quit with the company. Mrs Alao, an Architect of high reputation in Nigeria, tendered her resignation to the board, which has been accepted. She joined the board on January 13, 2010 as a non-executive director. During her nearly a decade as a director of the firm, she served in different capacities including being a member of the Statutory Audit Committee, the Risk Management Committee and the Remuneration

By Olubori Oduntan One of Nigeria’s leading Quick Service Restaurant chains, Tantalizers Plc, has commenced a raining season promotion to reward valuable customers and appreciate their patronage to the brand. A statement issued by the firm disclosed that to participate in this promotion, interested customers must make product purchases worth minimum N2,500 from any Tantalizers outlet in Nigeria. According to the statement, this promotion will run in all Tantalizers outlets across the nation. Deputy Managing Director of Tantalizers Plc, Mr Gbolahan Labinjo, explained in the statement that the ‘Raining Season’ promotion is a national sales promotion which rewards customers with