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The Federal High court sitting in Lagos had on Wednesday ordered the final forfeiture of N2.7 billion corruptions proceeds recovered from former chief of Air Staff, Adesola Amosun to the Federal Government of Nigeria. The order was directed by Mojisola Olatoregun, the judge in response to an application filed by the Economic and Financial Crime Commission (EFCC) in June 2018.

The suitable time to end fuel subsidy totally by the Federal Government and also deregulate the downstream sector is now as the global crude price is at its lowest ebb, economy and energy expert disclosed. The Brent crude at the international oil market benchmark closed around $66.87 per barrel in 2017 raising to as high as $86.74 in October, 2018 which later dropped since then.

Dr. Abba Sufi, the Director General of Hisbah Board, an agency of the Kano State Government, which recently destroyed about 30-truckload of beer bottles, has opened up on the real reason why the agency is taking action against sale and consumption of alcoholic beverages in Kano State.

Prof. James Epoke, a former Vice-Chancellor of the University of Calabar has said the cost of governance in Nigeria was too much, noting that no country can make meaningful progress by spending huge resources in governance.
Epoke who stated this in an exclusive interview with Punch called on Organized Labour to mobilize against State Governors who spend so much on vehicles in convoy and other frivolities.

Governor Willie Obiano of Anambra state was on an inspection of the ongoing second Niger Bridge, he expressed satisfaction with the standard and the pace of the work. The governor, who was exited with the extent of the work done so far, said he was convinced that the Federal Government under President Buhari would complete the work as promised and visibly Nigerians are witness to that.

PMB Inaugurates Technical Advisory Committee On Minimum Wage

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President Muhammadu Buhari on Wednesday 9th January 2019 inaugurated a new Technical Advisory Committee on the implementation of a National Minimum Wage. The committee is to advise the government on how best to fund, in a sustained manner, the additional costs that will arise from the implementation of the consequential increases in salaries and allowances for workers currently earning above the new minimum wage.

The Ogun State Command of the Nigeria Police on Saturday paraded three suspects who reportedly smuggled 34, 865 live cartridges from the Republic of Togo into Nigeria through Ogun border.

Mike Adenuga Now Africa's Second Richest Person

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Owner of Globalcom, the third-largest mobile phone network provider, Conoil oil CEO, Mike Adenuga has been named Africa's second richest man, with a net worth of $9.2 billion only being topped by another Nigerian Aliko Dangote with $10.3 billion.

N359 million Spent By Nigerians Over The Yuletide

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The Yuletide season has reached its twilight, it was recorded that several Nigerians took to the street and markets to make it a memorable one and others found self-gratification in the movies.

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