African Petroleum Producers Organisation (APPO) has said that the establishment of Dangote Oil Refinery will bring about a 36 per cent reduction in the importation of petroleum productions into the continent. Besides, the organisation expressed a belief that the success of Dangote Refinery project could incentivise the rise of similar projects across Africa despite the…
Day: January 19, 2022
Electoral Bill: Senate Approves Direct, Indirect or Consensus for Party Primaries
The Senate on Wednesday re-amended the Electoral Act (Amendment) Bill, 2021, passed by the National Assembly on November 18, 2021. The chamber in Clause 84(2) of the report approved direct, indirect primaries or consensus as procedure for the nomination of candidates by political parties for the various elective positions. It also approved the recommended Clause…
Money Laundering: Court Grants Mompha N200m Bail
Justice Mojisola Dada of the Special Offences Court sitting in Ikeja, Lagos, on Tuesday, January 18, 2022, granted bail to Ismaila Mustapha, popularly known as Mompha, in the sum of N200m (Two Hundred Million Naira). The Lagos Command of the Economic and Financial Crimes Commission, EFCC, had on Wednesday, January 12, 2022, arraigned Mompha and…