Supreme court’s election judgements to watch in 2024

January 5, 2024 Blossom 0

Nigeria witnessed intense political conflicts last year, with court cases following the national elections. A significant number of legal disputes have been resolved, while several are still pending final rulings from the Supreme Court. The main current legal battles are over the governorship election issues in the states of Kano, Plateau, Nasarawa, and Zamfara; many Nigerians are interested to see how these cases conclude. Plateau Plateau is one of the states that flipped to the Peoples Democratic Party (PDP) in the 2023 general elections. Caleb Mutfwang […]

Nigeria power firms need $2.5bn capital, new investors to improve electricity supply – FG

January 5, 2024 Blossom 0

According to the federal government, Nigerian energy providers lack the money to provide better power to Nigerians, estimated to be around N2 trillion, or roughly $2.5 billion. According to a Bloomberg story from yesterday, to revitalize the industry—which can hardly provide electricity to its 200 million inhabitants—new investment would be needed. Special Adviser to President Bola Tinubu on Energy, Olu Verheijen, said the companies are over-leveraged and under-capitalised, which has limited their capacity to […]

₦37.1bn fraud: Why I didn’t honour your invitation — Ex-minister writes EFCC

January 4, 2024 Blossom 0

The Economic and Financial Crimes Commission has received a formal letter from the former Minister of Humanitarian Affairs, Disaster Management, and Social Development, Sadiya Umar-Farouq, citing health issues. The letter requests an extension of the deadline for meeting with EFCC interrogators regarding an ongoing investigation into the N37,170,855,753.44 that was purportedly laundered during her tenure in office through a contractor named JamesOkwete. It had earlier been exclusively reported that Umar-Farouq faces arrest by operatives of the EFCC after failing to appear before interrogators at the EFCC […]