Director-General, Securities and Exchange Commission, Ms. Arunma Oteh| credits: File copy
Showing posts with label executive. Show all posts
Showing posts with label executive. Show all posts
Thursday, October 25, 2012
Jonathan may back Oteh against N’Assembly
Director-General, Securities and Exchange Commission, Ms. Arunma Oteh| credits: File copy
Thursday, October 18, 2012
Ondo Decides: Of facts and figures
Tomorrow, Ondo electorate will go to the polls to choose their 6th Executive Governor as the incumbent’s term ends in February 2013. This will also be the last of the 6 governorship elections held this year, while three more – Ekiti, Anambra and Osun – will hold before the 2015 General Elections.
In Edo’s July governorship election, the battle was between the Action Congress of Nigeria and the Peoples Democratic Party which had the full support of the Federal Government. However, Edo was critical to the ACN as the party was determined to keep its influence in a non-South-West state and Governor Adams Oshiomhole won the vote of the people decisively for a second term in office. While he was congratulated by his PDP opponent and Mr. President, there is still a case in court challenging the result of the election.
Monday, October 15, 2012
Fuel subsidy fraud: FHC denies Uba, others bail
A Federal High Court in Lagos on Monday denied a motion ex-parte filed on behalf of the Chief Executive Officer of Capital Oil and Gas Ltd., Mr. Ifeanyi Uba, and four others, seeking their release on bail.
Mr. Joseph Nwobike (SAN), counsel to the applicants, in the bail application, argued that the action of the police Special Fraud Unit in detaining his clients since October 9 was a violation of their fundamental rights.
According to him, the action of the respondents is reprehensible, barbaric and a clear contravention of Section 36 (4) (5) (a) (b) of the 1999 Constitution of the Federal Republic of Nigeria.
Uba, Nsika Usoro, Godfrey Okorie, Chibuzor Ogbuokiri, and Joseph Orji,, were on October 11 arraigned by the SFU over an alleged N43.29 billion fuel subsidy fraud.
The SFU had accused the men of economic sabotage, obtaining money by false pretences, stealing of N43.291 billion, property of the Federal Republic of Nigeria, money laundering and forgery.
The four other defendants are employees of Capital Oil and Gas.
The defendants, who appeared before Magistrate Martins Owumi of a Tinubu Magistrates’ Court in Lagos, were ordered to be remanded in SFU custody for 14 days.
In his ruling, Justice Okon Abang declared that the order sought by the defendants was not possible in law.
According to him, it will be just to hear the respondents before taking any decision on the issue of bail.
Citing Order 26 Rule 10 of the Federal High Court Procedure Rules, Abang also converted the ex-parte application to a Motion on Notice, and ordered that hearing notices be served on the respondents.
Abang also ruled that the respondents were at liberty to file their responses to the converted motion on or before 12 noon Oct. 16, and that the application would be argued without fail on that date.
The case was adjourned to October 16 for continuation of hearing.
More Stories in News
Source : punchng[dot]com
Thursday, October 11, 2012
Why we embarked on evaluation of NTI study centres –NCCE boss
Executive Secretary, National Commission for Colleges of Education, Prof. Mohammed Junaid| credits: http://nationalmirroronline.net
The Executive Secretary, National Commission for Colleges of Education, Prof. Mohammed Junaid, has said the urge to ensure quality of teachers being produced by the National Teachers’ Institute for the nation’s basic schools informed the body’s decision to embark on the monitoring and evaluation of NTI’s study centres across the country.
Also, stakeholders in the education sector, who attended the opening ceremony of the evaluation exercise in the South West geo-political zone, in Lagos on Wednesday, have faulted the Federal Government’s decision to scrap teacher training colleges in the country.
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