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(Nigeria) Police from Force Criminal Investigation Department, Force CID, Annex, Alagbon-Ikoyi, Lagos, have charged the Chairman of NEM Insurance company, Chief Adewale Teluwo on charges of conspiracy and wilful destruction of property. The insurance guru was arraigned Tuesday, before Yaba Chief Magistrate Court, Lagos on the alleged offences. The prosecutor, Morufu Animashaun, while arraigning the defendant before the court presided over by Magistrate O. Y. Adefope, told the court that the defendant committed the offences around Mile 12, Area of Owode-Onirin, Lagos, on November 25, 2021. He told the court that the defendant, and others now at large wilfully destroyed the perimeter fence of the aforementioned property belonging to one Isiaka Abdullahi. The prosecutor told the court that the offences committed by the defendant contravened sections 411 and and 340 of the Criminal Law of Lagos state 2015, and punishable under the same sections. The defendant pleaded not guilty to the

(Nigeria) The Board Chairman of Seplat Energy Plc, Mr. Basil Omiyi, has assured that the company would hold its scheduled Annual General Meeting, AGM, on Wednesday, in compliance with the final and binding judgment of a Federal High Court sitting in Abuja. The court, Tuesday, in its judgment, ordered Seplat Energy Plc to hold its AGM as scheduled. The judgment by Justice A. Mohammed in suit number FHC/ABJ/PET/7/2023 - Akinnifesi & Adelaja V. Seplat Energy Plc - ‘further restrains any current or former directors, shareholders, and officers of the company from cancelling or postponing the AGM as announced to the public.” Consequently, Mr. Basil Omiyi in a statement said that in due compliance with the law and the judgment, its AGM will hold on May 10, 2023, at 11a.m., as expressly ordered by the court. According to him, the announcement on the AGM, “Is made pursuant to Rule 17.10 of the Rulebook of the Nigerian Exchange, 2015 (Issuer’s Rule).” The suit before Justice Inyang Ekwo, wa

(Nigeria) Pan-Igbo sociopolitical pressure organisation, the South East Revival Group, SERG, has frowned at the incoming executive's interference in the choice of the elective leadership of the 10th National Assembly through the ruling All Progressives Congress, APC, urging opposition lawmakers and the “excluded North Central to work together with other aggrieved political blocs to elect leaders of the 10th National Assembly based on competence, justice and equity.” In its reaction to the nomination of individuals as preferred lawmakers for various elective legislative offices in the incoming National Assembly, the SERG in a statement by its President and National Coordinator, Chief Willy Ezugwu, the pro-Igbo group noted that “the list released by the APC shows clearly that the party has learnt no lesson from its politics of exclusion in since 2015.” Recall that the National Working Committee, NWC, of the APC had on Monday announced the zoning of the leadership of the 10th Nation

VP Yemi Osinbajo has commissioned 240MW Afam Three Fast Power plant in Afam, Rivers State (Nigeria) Vice President Yemi Osinbajo has commissioned Transafam Power Limited, a subsidiary of Transnational Corporation Plc’s 240MW Afam Three Fast Power plant in Afam, Rivers State. With an already existing power plant residing in Afam, this brings the cumulative generating capacity of the plant to 1,000MW. In line with Transcorp’s transformative drive, the VP and Chairman of National Council of Privatisation NCP, Prof. Yemi Osinbajo, Tuesday presented Transcorp Power Limited, its post privatization discharge certificate, following fulfilment of all privatisation conditions at the meeting of the NCP. This means the power company will no longer be subjected to post-privatisation monitoring. Speaking at the commissioning ceremony the Vice President lauded Transcorp Group's impressive strides in the power sector, saying, “the last few days I must say belongs to Transcorp Power. Just ye

*Governor Ademola Adeleke of Osun State (Nigeria) The Supreme Court has upheld the election of Ademola Adeleke of the Peoples Democratic Party, PDP, as the Osun State governor. A five-member panel of the apex court in its judgment on Tuesday, held that the Appeal Court correctly reinstated Adeleke as governor of Osun State. *The Supreme Court The apex court held that since it was not in dispute that the BVAS contain record of accredited voters, "it is, therefore, the only direct and primary record of voters accredited at polling units on election day." The apex court said it found no reason to set aside the verdict of the Court of Appeal which upheld Adeleke's election victory and dismissed the appeal by Adegboyega Oyetola of the All Progressives Congress, APC. .

*Mr. Abubakar Malami, SAN, Attorney-General of the Federation and Minister of Justice (Nigeria) Socio-Economic Rights and Accountability Project, SERAP, has filed a contempt suit against the Federal Government and Mr. Abubakar Malami, SAN, Attorney-General of the Federation and Minister of Justice “for failing to recover over N40 billion double pay and life pensions from former governors who are serving as lawmakers and ministers.” Justice Oguntoyinbo of the Federal High Court, Lagos had in November 2019 ordered the Federal Government to “recover life pensions collected by former governors serving as ministers and members of the National Assembly.” Justice Oguntoyinbo also directed Mr Malami to “challenge the legality of states’ life pension laws permitting former governors and other ex-public officials to collect such pensions.” However, the government of President Muhammadu Buhari has failed to implement the judgment. Justice Oguntoyinbo who last month retired from the bench expre

*Musilu Akinsanya, aka MC Oluomo (Nigeria) Road Transport Employers' Association of Nigeria, RTEAN, has called on the Lagos State Government to direct members of Parks and Garages Committee, led by Musilu Akinsanya, known as MC Oluomo, to leave their offices in compliance the judgment of a National Industrial Court sitting in Lagos. Acting Chairman of RTEAN in the state, Aransiola Qudus, who briefed newsmen in Lagos on Thursday, said: “RTEAN as a law-abiding organisation that does not take the laws into its hands but believes in the rule of law and follow due process, took the matter to a competent court of jurisdiction, the National Industrial Court of Nigeria in Suit No: NICN/LA/381/2022. “RTEAN is a registered trade union established under Decree 21 and 22 of 1978 as amended by Decree 1 of 1999 under the senior staff and employers Association as well as the Trade Union Act CAP T14 laws of the federation 2004 which falls under the exclusive legislative list of the constitution