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Coalition Calls for Oil Sector Corruption Probe Amid Price Hike

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The Coalition for Energy Reforms and Good Governance Advocacy has urged the Federal Government to investigate alleged corruption in the oil sector.

This call came during a press conference in Abuja on Friday, following the recent increase in petrol prices by the Nigerian National Petroleum Company Limited (NNPCL). The coalition’s convener, Yakubu Dauda, criticized NNPCL’s leadership under Mele Kyari for failing to fulfill promises to improve the petroleum sector, particularly in reviving local refineries.

Dauda emphasized the need for a thorough audit of NNPCL’s operations, particularly concerning corruption allegations and unjustified price hikes for petrol. He called for accountability for those responsible for inflating fuel prices and undermining local refineries, regardless of their status. Additionally, he urged the government to invest in local refineries and reduce reliance on imported fuel, asserting that Nigeria has the resources and expertise to become a net exporter of petroleum products if it can eliminate corruption in the industry.


 

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Andrew and Tristan Tate Lose Over £2 Million in Seized Funds Amid Tax Evasion Allegations

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Westminster Magistrates Court has ruled against Andrew Tate and his brother Tristan, leading to the seizure of over £2 million from their accounts due to unpaid taxes linked to their online businesses.

The funds, held in seven frozen bank accounts, were traced to the Tates and a woman identified as J. Authorities allege the brothers funneled substantial sums, including cryptocurrency, through accounts in J’s name, despite her lack of involvement in their ventures.

Chief Magistrate Paul Goldspring described the scheme as a “straightforward cheat of the revenue,” uncovering years of alleged tax evasion and money laundering. Devon and Cornwall Police revealed the brothers accrued millions between 2014 and 2022 without paying taxes or VAT.

Andrew Tate, however, criticized the ruling, claiming it is part of a “coordinated attack” to silence dissent. “This is not justice; it’s theft disguised as legal action,” Tate said in a statement.

The brothers are also facing separate criminal charges in Romania, including allegations of human trafficking and rape, and are set to be extradited to the UK.

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Akpabio Defends Tinubu’s Tax Reforms, Urges Critics to Engage Thoughtfully

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Senate President Godswill Akpabio has defended President Bola Tinubu’s tax reforms, calling on critics to engage with the initiatives more thoughtfully.

Speaking during Tinubu’s presentation of the 2025 budget, Akpabio praised the four tax reform bills as a monumental step toward revitalizing Nigeria’s economy.

He described the reforms as the first comprehensive tax overhaul since independence, aimed at boosting revenue, supporting small businesses, and fostering sustainable development.

Akpabio criticized detractors for dismissing the reforms without understanding their potential impact and urged all Nigerians to embrace this transformative opportunity.


 

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17-Year-Old OOU Student Arrested for Allegedly Stealing and Attempting to Sell Phones

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17-Year-Old OOU Student Arrested for Allegedly Stealing and Attempting to Sell Phones

A 17-year-old student of Olabisi Onabanjo University (OOU), Sobando Semilore, has been arrested by the Ago-Iwoye police for allegedly stealing two high-end smartphones and attempting to sell them.

According to a statement released by the Ago-Iwoye police division, Semilore, a first-year Political Science student residing in Danmark Hall, was caught on December 17, 2024. He was allegedly in possession of a Samsung S21 valued at ₦350,000 and an iPhone 14 Pro Max worth ₦650,000, both belonging to Muktapha Adenugba.

The statement revealed that the suspect was apprehended around 5:00 PM while trying to sell the stolen phones at Pepsi Junction in Ago-Iwoye. During interrogation, he reportedly admitted to stealing the devices from a poolside at Gardeen, a well-known relaxation spot.

The police confirmed that the stolen phones have been recovered and returned to their rightful owner. Investigations into the case are ongoing, with further updates expected.

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This incident has sparked conversations about crime among students, with many emphasizing the need for vigilance and better security measures in social spaces.


 

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