Chairman of the Economic and Financial Crimes Commission, EFCC, Abdulrasheed Bawa, on Wednesday, told Justice Christopher Balogun of the Lagos State High Court sitting in Ikeja that Abubakar Ali Peters and his company, Nadabo Energy Limited, made only one confirmed genuine transaction in the six transactions involved in the oil business with St. Vanessa. He said this at the ongoing trial for an alledged N1.4 billion fraud, while being cross examined by the defence counsel, E.O. Isiramen, which started on December 20, 2021. Peters and the company are being prosecuted on a 27-count charge by the EFCC. Under cross-examination, Bawa acknowledged that there were six…
Author: Funke
Lagos State Governor, Mr. Babajide Sanwo-Olu has imposed a total ban on the activities of commercial motorcycles, popularly known as Okada in six local government areas. The ban on Okada is to affect all highways across six Local Government Areas, LGAs, and nine Local Council Development Areas, LCDAs, of the State. The information was disclosed in a statement signed by Chief Press Secretary, Gboyega Akosile, following a meeting with security stakeholders in the State. The ban is against the backdrop of growing menace and nuisance constituted by Okada riders in the State. The ban becomes effective from June 1, 2022,…
Achieving a self sufficient Lagos with purposeful leadership is the theme of former Commissioner for Energy and Mineral Resources, Wale Oluwo as he declared for the Lagos Governorship race under the platform of the All Progressives Congress, APC. At a well attended conference in Ikeja, Lagos, he lamented the seemingly breakdown of the pride of Lagos and promised to restore them. Top on the list is resetting Lagos on a new trajectory of security and inclusive prosperity. The return of Lagos to its true Owners, foster Lagos that creates opportunities, involvement of Youths in Governance, restoring the Sovereignty of the…
The Vice President and Presidential Hopeful, Professor Yemi Osinbajo, SAN has said that Nigeria must build a peaceful, secure society that enables commerce and values productivity. He disclosed this when he was formally presented with Leadership Person of the Year 2021 Award at the the International Conference Centre, ICC, on Tuesday in Abuja. According to a statement signed by his Media Aide, Laolu Akande, “Nigeria must create a country that works for all – a peaceful and secure society founded on law and order and the rule of law; a society that enables commerce and values productivity, so that large and small…
The President of the Nigerian Bar Association, Olumide Akpata, has ordered the postponement of the annual Conference of its Section on Public Interest and Development Law, NBA-SPIDEL, which was slated to hold in Sokoto State on May 22. According to Mr. Akpata, in a statement released on Tuesday, this “painful” decision followed a request made by the Executive Committee of NBA-SPIDEL to him, which he has now approved. He said the event was postponed, “not only for the safety of our conferees and guests, but as a mark of respect for the memory of the slain Deborah Yakubu. NBA President…
It is exactly two weeks to the Special National Convention of APC, and there are clear indications that bookmakers may be in for a shocker as Asiwaju Bola Tinubu is increasingly facing strong headwinds in his bid to clinch the Party’s presidential ticket. A zone-by-zone analysis of delegates’ preferences, realignments of APC governors, President Buhari’s behind-the-scene moves and emerging voting patterns indicate that Vice President Yemi Osinbajo will likely emerge winner at the Convention on June 1. Of the 22 aspirants, only three – Osinbajo, Tinubu and Amaechi – are the serious contenders. The rest came into the race for…
A major cartel in charge of distribution of drugs in Delta and adjourning states was busted on Sunday May 15th, 2022 by the Operatives of the National Drug Law Enforcement Agency, NDLEA. An alleged baroness of the drug cartel is 59 year old Bridget Oghenekevwe Emeka, a.k.a Mama was arrested at her palatial mansion where she cooks and distributes Crack Cocaine, Methamphetamine and other illicit substances. A statement signed by the Agency’s Spokesperson, Femi Babafemi said no fewer than nine of her staff and associates were arrested along with her in coordinated simultaneous operations at her expansive residence and drug bunks…
The Lagos State Police Command on Tuesday destroyed over N10 million worth of illicit drugs. Leading the exercise was newly promoted CP Ahmed Kotangora, in the company of other government agencies. The destruction took place at a dump site in Ewu-Elepe, a surbub in Ikorodu area of Lagos State. According to the Police, the exercise is in compliance with a court order to destroy hard drugs recovered in the State by men of Rapid Response Squad in the last one month. CASEFILE gathered that the illegal substances were Indian Hemp, Cannabis, and other hard drugs. Speaking to newsmen, shortly after…
The intervention to rehabilitate and reintegrate sex and domestic offenders if they eventually get back into the society is ongoing by the Lagos State Domestic and Sexual Violence Agency, DSVA. It is to provide psychosocial support for willing sex offenders. This communication is according to the DSVA. The programme is being held in sessions and groups at the Kirikiri and Ikoyi Maximum Security Custodial Centre. The agency says the programme is facilitated by a group of its trained psychologists and the Institute of Counseling, on a weekly basis where inmates are expected to take responsibilities for their actions and enlightened on healthy…
Recent developments in the Nigerian business law environment and how they have shaped or affected business operations in the country will be the focus of the 16th Annual International Business Law Conference of the Nigerian Bar Association Section on Business Law, NBA-SBL, coming up in July. The conference is scheduled to hold from Wednesday, 20th to Friday, 22nd July, 2022 at the Transcorp Hilton Hotel in Abuja, Nigeria’s Federal Capital. Themed “Recent Developments In The Business Law Environment,” the conference will seek to dissect some recent developments in the business law environment, how they have affected businesses, and proffer the…