Delsanoy Herald

President Bola Tinubu has appointed a Special Investigator to probe the activities of the Central Bank of Nigeria (CBN) and Related Entities. This was contained in a letter signed by the President and addressed to  Jim Osayande Obazee,  the Chief Executive Officer, Financial Reporting Council of Nigeria (FRCN), whom Tinubu named as the investigator. The terms of the appointment required the Special Instigator to investigate the CBN and key Government Business Entities (GBEs) as well as provide a comprehensive report on public wealth currently in the hands of corrupt individuals and establishments. The President instructed Obazee to swing into action with immediate effect, adding that he should feed him with progress reports every week. “In accordance with the fundamental objective set forth in Section 15(5) of the Constitution of the Federal Republic of Nigeria 1999 (as amended), this administration is, today, continuing the fight against corruption by appointing you as a...

Troops of the Nigerian Army, operatives of the Nigerian Security and Civil Defence Corps (NSCDC) and those of a private security firm have jointly uncovered a major illegal refining site in Delta. Director, Army Public Relations, Brig.-Gen. Onyema Nwachukwu, stated on Sunday in Abuja that the operation was undertaken by troops of 181 Amphibious Battalion. The battalion operates in 6 Division Area of Responsibility at Owahwa community in Ughelli South Local Government Area of Delta. Nwachukwu stated that the operation was in continuation of the sustained effort to deny oil thieves the freedom of action and to protect the oil sector from economic saboteurs. He explained that the sting operation on Saturday followed a surveillance report on the activities of illegal oil refiners in the area. He explained that the troops stormed the site and discovered 35 modular ovens used for illegal oil refining; three fabricated reservoirs; 30 dugout reservoirs and 75 galvanised pipes. “The operatives ...

Human rights lawyer Femi Falana says the Nigeria Labour Congress and its affiliates can proceed on the Aug. 2 strike and protest as planned, saying the exercise does not translate to contempt of court. This is contained in a letter from the Falana Falana Chambers, solicitors to the NLC, by Sam Ogala, titled “Re- NLC in contemt of Court” and addressed to the Permanent Secretary/ Solicitor-General, Federal Ministry of Justice on July 28. According to the Senior Advocate of Nigeria, the decision of Nigerian workers to participate in peaceful rallies is for the interest of the masses and to protest the worsening economic crisis in the country. “You were reported to have accused the leaders of the Nigeria Labour Congress of treating the order of the National Industrial Court with contempt. “Contrary to your unwarranted allegation, the Nigeria Labour Congress does not intend to disobey the ex parte order of the National Industrial Court. “And to the effect that “the defendants/respondents ar...

President Bola Ahmed Tin noubu says the Federal Government is receiving support and commendations from the global communities over the removal of fuel subsidy and the foreign exchange regime policies, saying they are yielding positive results. Tinubu stated this at a Gala/Award Night on Saturday, organised by the office of the Head of the Civil Service of the Federation (HOCSF), to recognise and honour outstanding civil servants to mark the 2023 Civil Service Week. Represented by the Secretary to the Government of the Federation, Sen. George Akume, President Tinubu appreciated civil servants for their numerous contributions to the economic development of the country. The president, who accepted the fact that the policies had in one way or the other affected the masses, said the government was working on measures to cushion the effects. “We shall without delay cushion the pains being experienced by our people as a result of these measures through a number of well-targeted interventions ...

In  response to military coup in Niger Republic, the Economic Community of West African States (ECOWAS) has enforced a no-flight zone over the country. The decision was announced on Sunday by the ECOWAS, at an urgent meeting following the increasing tension stirred by the military actors who are attempting to take over in Nigeria. This significant move is seen as a strong reaction to the recent ascendancy of the junta, which has stirred significant unrest in the country and poses a threat to the stability within the region. The ECOWAS leadership believes that the imposition of a no-flight zone will help curb the junta’s influence and hinder any potential allies from providing aerial support, even as leaders of the military coup fear that the regional body could stage an imminent military intervention in the capital of the Sahel ccountry. In addition to the no-flight zone, the regional body has agreed immediate financial sanctions over the coup, and has given the junta a week to ced...

The Independent Petroleum Marketers Association of Nigeria (lPMAN) has commended Polaris Bank, Nigeria's leading digital commercial Bank and Emadeb Energy Services Limited, one of Nigeria's leading indigenous players in oil and gas, for their collaborative efforts and strategic partnership that resulted in the recent importation of 20,000 metric tonnes of premium motor spirit (petrol) into the country.  The National Operations Controller of lPMAN, Mr. Mike Osatuyi, speaking exclusively to PLATFORMS AFRICA, described the pioneering feat by Polaris Bank and Emadeb Energy as unprecedented, noting that they have both made it possible for Nigeria to break the age-long monopoly in the downstream sector.  He specifically commended Polaris Bank for fully funding the whole cargo to the tune of N13bn, thus enabling the transportation of the 20,000 metric tonnes, or 27 million litres of petrol, to the country seamlessly. He noted that the Bank's support exemplified the pivotal role pl...

Lagos State Governor, Mr. Babajide Sanwo-Olu, has congratulated the Senate Leader, Senator Opeyemi Bamidele, on his 60th birthday celebration.   The Governor described Senator Bamidele, who was a former two term commissioner in Lagos State as a democrat, a tireless fighter for a good course, and a firm believer in responsive government. He clocks 60 on Saturday, July 29,   Governor Sanwo-Olu in a statement issued on Friday by his Chief Press Secretary, Mr. Gboyega Akosile, said Senator Bamidele deserved all the accolades on his Diamond Jubilee for his contribution to the growth and development of Lagos State.   He said: “Senator Michael Opeyemi Bamidele's Diamond Jubilee birthday is an opportunity for me and the people of Lagos State to appreciate God for the impactful and purposeful life that MOB has lived, especially his service to our dear State, Lagos and our nation, Nigeria.   “Senator Bamidele deserved to be celebrated for his contribution to the growth and dev...