Some Judges Sell Judgments, Retire To Escape NJC Sanctions – Jega

A former Chairman of the Independent National Electoral Commission, Prof. Attahiru Jega, has said some corrupt judges are usually made part of election petition tribunals in order to corruptly enrich themselves by selling judgments to the highest bidders. Jega said some of these corrupt judges sold judgments to the highest bidders and quickly retired to…

Buhari Inaugurates Third Defence Vessel Built By Nigeria Navy In Lagos

President Muhammadu Buhari has inaugurated a locally-built Seaward Defence Boat (SDB) 111 in Lagos State. The vessel was inaugurated on Thursday and built by NNS Oji, is the third of its series to be built by the Nigerian Navy, according to a statement by a presidential aide, Femi Adesina. He quoted his principal as saying…

FG Approves N1.8bn For Telecom Equipment To Detect, Block Fraudsters

The federal government has approved the procurement of two sets of telecommunications equipment to be deployed in the detection and blockage of criminals engaging telecommunication lines to ply their crimes. Minister of Communications and Digital Economy, Prof Isa Ali Pantami, disclosed this to State House correspondents after the federal executive council meeting presided over by…

Federal Govt Affirms Finance Bill 2022

Minister of Finance, Budget and National Planning, Zainab Ahmed, disclosed this to State House correspondents after the Federal Executive Council meeting presided over by President Muhammadu Buhari at the Presidential Villa. According to her, the bill, which is currently before the National Assembly, focused on tax as well as reviewing and amending some 11 fiscal…

Bill To Amend Administration Of Criminal Justice Scales Second Reading In Senate

A bill seeking to amend the Administration of Criminal Justice Act, 2015 and other related matters, has scaled the second reading in the Senate. According to Senator Orji Uzor Kalu who sponsored the proposal, the bill will forestall the unjust conviction of persons by the nation’s judiciary. “This bill seeks to amend the Administration of…

Private Equity Exits in Nigeria: A Primer on Preemption, Drag-Along and Tag-Along Rights

By Akorede Folarin. A fundamental fact of private equity is that it has a definite time horizon, usually 5 to 10 years, within which the investment is expected to reach its maturity and return profits to the investors. The key ambitions are exit and profit. So, PE investors aim to avoid locking themselves into investment…

CJN Conferred The Rank Of Senior Advocate Of Nigeria (SAN) On 72 Lawyers

The Chief Justice of Nigeria (CJN), Ibrahim Tanko Muhammad, on Wednesday conferred the rank of Senior Advocate of Nigeria (SAN) on 72 lawyers at the Supreme court in Abuja. Former NBA 1st Vice President, Ikeazor Akariwe, current boss of the National Human Rights Commission (NHRC), Mr Tony Ojukwu and former NBA General Secretary, Chief Emeka…

NBA Osogbo Plans Showdown With EFCC Over Arrest of Member

Members of the Nigerian Bar Association (NBA), Osogbo Branch, are warming up to have a showdown with the Economic and Financial Crimes Commission (EFCC) over an infringement on the Fundamental Rights of one of them, Mr Temitope Oyedipe, who was on Wednesday arrested on the Osun State High Court premises in Ile-Ife by some operatives…

Sanwo-Olu Directs Full Excision On Untitled Land In Lagos To Curb Land Grabbing

Governor Babajide Sanwo-Olu of Lagos State, has ordered complete excision on untitled land across the state to curb the incessant issue of land grabbing. The Governor’s directive represents a major turning point in land administration in Lagos, as the exercise would enable the State Government to carry out documented delineation on communal land and land…

No Nation Can Develop Without Respect For Rule Of Law – Adesina

The President African Development Bank, Dr Akinwunmi Adesina, says any nation that does not respect and uphold the rule of law can never develop. Adesina said this while delivering a lecture at the 51st Annual Accountants Conference in Abuja on Tuesday. According to him, any country that does not respect the rule of law will…