S’Court verdict on Paris Club Fund vindicates me, says Saraki

Former Senate President, Sen Bukola Saraki has commended the recent Supreme Court judgment, which overturned the Federal High Court’s 2018 decision regarding an alleged N3.5bn fraud case against Melrose General Services Limited. The Economic and Financial Crimes Commission had on April 27, 2018, secured judgment for the final forfeiture of N1.4bn which it claimed a…

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Sallah: Ram traders lament low patronage amidst high prices

As the countdown to Sallah festivities narrows, ram sellers across the country are currently grappling with a disturbing trend of low patronage. Their voices showed frustration and worry as they attributed the slow patronage to a combination of economic challenges, spate of insecurity, and transportation costs for the animals sourced from northern Nigeria. Our correspondents who…

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Edo Poll: APC, PDP bicker over threat of violence

The Edo State chapter of the All Progressives Congress on Saturday called for the arrest of Asue Ighodalo Campaign Organisation spokesman, Rev Olu Martins, over his utterances in a viral video. In the first video released on Friday, Martin at the PDP stakeholders’ meeting, said, “If some people leave the party, it will also create…

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Nigeria, Benin to operate one-stop border in Segbana/Tsamiya post

Nigeria and Benin Republic on Friday finalised an arrangement to operate a one-stop border post operation at the newly reopened Segbana/Tsamiya border, between Nigeria and Benin Republic. Recalled that the Federal Government recently sent a delegation led by the Nigerian Foreign Affairs Minister and Comptroller General of Customs with their counterpart from the Republic of…

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22 states spent N251bn on debt servicing in nine months – Report

Twenty-two states have spent a total sum of N251.79bn to service debt borrowed by past administrations within nine months of assuming office, findings by Sunday PUNCH have shown. Our correspondent also gathered that the states obtained fresh loans of N310.99bn between July 2023 and March 2024, despite increased monetary allocations from the Federation account. The information was obtained…

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SERAP sues Tinubu, demands details of Obasanjo, Buhari, others’ loans

The Socio-Economic Rights and Accountability Project has taken legal action against President Bola Tinubu’s administration. The organisation described the move as necessary so as to ensure financial transparency. The lawsuit demands the publication of detailed spending reports and agreements related to loans acquired by the administrations of former Presidents Olusegun Obasanjo, Umaru Yar’Adua, Goodluck Jonathan,…

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