News
Court Confirms Jurisdiction for Emefiele’s Fraud Case Over Billions of Dollars
The Lagos State Special Offences Court has rejected an application filed by Godwin Emefiele, the former governor of the Central Bank of Nigeria, challenging the court’s authority to handle the fraud charges brought against him.
The Economic and Financial Crimes Commission (EFCC) is accusing Emefiele and his co-defendant, Henry Omoile, of misappropriating $4.5 billion and N2.8 billion.
In his ruling, Justice Rahman Oshodi confirmed the court’s jurisdiction to proceed with the case.
However, he dismissed four out of the 26 charges due to a lack of jurisdiction.
Addressing the territorial jurisdiction issue raised in some counts, the judge stated, “The objection to the court’s territorial jurisdiction over counts eight to 26 is dismissed.
The prosecution has shown a sufficient link to Lagos in this matter.”
The case has been adjourned to February 24, 2025, for the continuation of trial.
News
FG Extends NYSC Orientation Camp From 3 to 6 Weeks
The Federal Government has announced an extension of the NYSC programme. It can be noted that the NYSC camp orientation is usually for three weeks before the youths go out to gain experience, employment, and serve the country for one year.
However, the FG announced that the passing-out parade from camp will be cancelled, and corps members will now spend six weeks in camp instead of three weeks.
“The first two weeks speak to laying a foundation on civic responsibility. The next two weeks will look at career mapping, basic accounting literacy skills, business planning and access to finance. The final two weeks, we intend to have focused corps-stream-specific training aligned with the corps member’s designated stream based on his choice, academic background and skills profile.”
News
Is Lagos Sinking? Residents Raise Concerns as Flooding Worsens
With the rainy season in Nigeria, many are wondering if the increase in flooding has now become the new normal. Lots of videos, clips, and complaints have literally flooded online, showing how badly roads, homes, and other places have been affected.
We were used to hearing about the rise of water on the Island since it is literally surrounded by water, but now floods are being spotted on the Mainland as well.
We may not know exactly why this is happening, but one thing is certain—we urgently need a lasting solution.
News
Federal Government Clarifies Position on Proposed Tax Recommendations
The federal government reacted to claims stating that the new tax rules will be imposed on telecommunications and petroleum products for Nigerians.
The FG released a statement to explain the process and stated that there is no intention to place taxes on telecom and petroleum products and services.
“Those recommendations do not amount to government policy and are not binding on Nigeria. Decisions on tax matters are taken through established constitutional and legislative processes and are guided by national priorities and prevailing economic realities.”
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