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Nigerian Navy and our maritime environment

Punch Newspapers Sections With the fight the Nigerian military is putting up to ensure that the fabric of the nation remains intact, it becomes germane to give a thought to the vital role the Nigerian Navy plays in safeguarding the nation’s sprawling maritime environment. And, considering the wealth that accrues to the nation from these quarters, it is not difficult to understand that though the Navy is most times as silent as the flowing sea, hers is a job that requires not just more attenti...
Niger Delta Nigeria General United States Lake Chad Michelle Howard Tsare Teku

N1.4bn subsidy fraud: EFCC chairman, Bawa testifies against oil firm

Punch Newspapers Sections Oluwatosin Omojuyigbe The Chairman of the Economic and Financial Crimes Commission, Abdulrasheed Bawa, on Wednesday testified before the Lagos State High Court in Ikeja in an alleged N1.4bn subsidy fraud suit against an oil company, Nadabo Energy. The EFCC had accused Abubakar Peters and his company, Nadabo Energy, of allegedly using forged documents to obtain N1,464,961,978.24 from the Federal Government as an oil subsidy after allegedly inflating the quantity of prem...
Lagos State Justice Christopher Balogun Seidu Atteh Jide Akpan Oluwatosin Omojuyigbe Abubakar Peters

Warren Buffett's net worth surpasses $100bn, Forbes says – Punch Newspapers

Punch Newspapers Sections Published 11 March 2021 US businessman Warren Buffett on Wednesday joined the small circle of executives worth more than $100 billion, which also includes Jeff Bezos, Elon Musk, Bernard Arnault and Bill Gates, Forbes magazine reported. The share price of his company, Berkshire Hathaway, reached a record level Wednesday, pushing his fortune to $100.3 billion — the first time that his net worth has crossed the $100 billion threshold. Buffett, 90, known as the “Oracle...
Elon Musk Bernard Arnault Bill Gates Jeff Bezos Mark Zuckerberg Berkshire Hathaway

OPC tags Fani-Kayode lying merchant, misinformation expert

OPC tags Fani-Kayode lying merchant, misinformation expert Olufemi Olaniyi, Ibadan The Coordinator of the Oodua Peoples Congress in Oyo State, Mr Rotimi Olumo, has described a former Minister of Aviation, Femi Fani-Kayode, as a ‘lie merchant and an expert in misinformation.’ Olumo said this in a statement on Wednesday following a claim by Fani-Kayode that the Fulani warlord, Abdullah Iskilu-Wakili, captured by OPC members on Sunday was not the real Wakili tormenting the people of Ibarapalan...
Abuja Federal Capital Territory Oyo State Nigeria General Rotimi Olumo Olufemi Olaniyi Abdullah Iskilu Wakili

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Osinbajo wades into Imo APC crisis, meets Okorocha

Punch Newspapers Sections John Alechenu, Abuja  The Vice President, Prof. Yemi Osinbajo, on Wednesday, held a closed-door meeting with the Senator representing Imo West Senatorial District, Rochas Okorocha, at the Presidential Villa, Abuja, in a bid to resolve the political crisis in Imo State. Okorocha, a former governor of the state is embroiled in a political feud with his successor and fellow member of the All Progressives Congress, Governor Hope Uzodinma. Speaking to State House correspon...
Abuja Federal Capital Territory Yemi Osinbajo Rochas Okorocha John Alechenu Lehigh College Royal Spring Palm Hotel

Senate pledges gender parity in constitution amendment

Punch Newspapers Sections Sunday Aborisade, Abuja THE National Assembly has expressed its readiness to amend the Constitution to ensure gender parity and enact laws to improve the fortunes of women and girls in Nigeria. This was just as the Senate resolved to expunge provisions of the law as contained in the Police Act, Federal Character Law, Electoral Act, Labour Act and Political Parties constitutions, which infringed on the rights of women in Nigeria. The decision was conveyed amidst resolut...
Abuja Federal Capital Territory Nigeria General Abiodun Olujimi Ekiti Betty Apiafi Uche Lillian Ekwunife Anambra Stella Oduah Anambra

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