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FG Begins Sale of Forfeited Assets

By Hamilton Nwosa(Head, The New Diplomat’s Polling, Research & Data desk) The inter-ministerial committee on the disposal of assets forfeited to the federal government, has begun the process of selling the assets in 25 locations nationwide. Chairman of the committee, Dayo Apata, made this known on Tuesday at a press conference. President Muhammadu Buhari had…

How Int’l Passenger Traffic Dropped By 60% In 2020 – ICAO Report

International passenger traffic dropped by 60 per cent in 2020, making it the worst drop in 17 years, a report by the International Civil Aviation Organisation (ICAO) has revealed. ICAO also said that international airlines lost at least $370 billion during the past year, which was caused by the Covid-19 pandemic that affected the industry…

Breaking! Jeff Bezos: Why I’m Stepping Down As Amazon CEO

Amazon founder and CEO Jeff Bezos will step down as head of the company he founded 30 years ago. In a memo to employees, Bezos said the transition will give him "the time and energy I need to focus on the Day 1 Fund, the Bezos Earth Fund, Blue Origin, The Washington Post, and my other…

PIB: Gbajabiamila Reveals When NASS ‘ll Pass Bill Into Law As Industry’s Stakeholders Meet

From Segun Amure, (The New Diplomat's Abuja Bureau) The Speaker, House of Representatives, Rt. Hon Femi Gbajabiamila on Wednesday, 27 January, expressed optimism to Nigerians that the National Assembly will pass the Petroleum Industry Bill (PIB) into Law in April. Speaking at the Public Hearing organised for the Bill, Gbajabiamila reiterated the importance of the…

Igboho: I Never Met Tinubu On Ekiti Rerun In 2009, Ojudu’s Account Imprecise

By Abiola Olawale An O'odua activist, Sunday Adeyemo, popularly known as Igboho on Tuesday denied ever meeting a former Governor of Lagos state,  and one of the national leaders of the All Progressives Congress(APC) Asiwaju Bola Ahmed Tinubu over the 2009 governorship rerun in Ekiti state. On Monday, Senator Babafemi Ojudu,  Special Adviser to President…

Richest Africans: Dangote, Adenuga, Rabiu Top 2021 Forbes’ List As Alakija Drops

The Chairman, Dangote Group- Aliko Dangote, Mike Adenuga of Globacom and Abdul Samad Rabiu of BUA group made the 2021 annual Forbes Ranking of billionaires. Aliko Dangote tops the list with net worth of $12.1 billion, followed by Mike Adenuga who made the 5th position with $6.5 billion net worths while Abdul Samad of BUA…

$85.8M Debt: Appeal Court Overturns Mareva Judgement, Unfreezes SEPLAT’s Accounts

By Abiola Olawale The Court of Appeal, in Lagos, has struck out the order of Mareva injunction placed on the SEPLAT Petroleum Development Company's accounts, over an alleged debt of $85.8million. Honorable Justice Rilwan Aikawa of a Federal High Court, Lagos, had placed Mareva injunction on the accounts of the oil firm following a case…

Alleged 13% Derivation Injustice: Fresh Rumpus As Delta Oil Communities Urge Buhari To Right Wrong

Insist only President has prerogative, jurisdiction to legislate on 13% Derivation Fund Plead with Buhari to redeem the situation, correct anomaly Say it’s illegal, unconstitutional for 3rd line charge to manage what belongs to 1st line charge Alleges state govt’s has  failed to address plight of oil producing communities From Ameachi Prosper (The New Diplomat's…

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FG Begins Sale of Forfeited Assets

By Hamilton Nwosa(Head, The New Diplomat’s Polling, Research & Data desk) The inter-ministerial committee on the disposal of assets forfeited to the federal government, has begun the process of selling the assets in 25 locations nationwide. Chairman of the committee, Dayo Apata, made this known on Tuesday at a press conference. President Muhammadu Buhari had…

How Int’l Passenger Traffic Dropped By 60% In 2020 – ICAO Report

International passenger traffic dropped by 60 per cent in 2020, making it the worst drop in 17 years, a report by the International Civil Aviation Organisation (ICAO) has revealed. ICAO also said that international airlines lost at least $370 billion during the past year, which was caused by the Covid-19 pandemic that affected the industry…

Breaking! Jeff Bezos: Why I’m Stepping Down As Amazon CEO

Amazon founder and CEO Jeff Bezos will step down as head of the company he founded 30 years ago. In a memo to employees, Bezos said the transition will give him "the time and energy I need to focus on the Day 1 Fund, the Bezos Earth Fund, Blue Origin, The Washington Post, and my other…

PIB: Gbajabiamila Reveals When NASS ‘ll Pass Bill Into Law As Industry’s Stakeholders Meet

From Segun Amure, (The New Diplomat's Abuja Bureau) The Speaker, House of Representatives, Rt. Hon Femi Gbajabiamila on Wednesday, 27 January, expressed optimism to Nigerians that the National Assembly will pass the Petroleum Industry Bill (PIB) into Law in April. Speaking at the Public Hearing organised for the Bill, Gbajabiamila reiterated the importance of the…

Igboho: I Never Met Tinubu On Ekiti Rerun In 2009, Ojudu’s Account Imprecise

By Abiola Olawale An O'odua activist, Sunday Adeyemo, popularly known as Igboho on Tuesday denied ever meeting a former Governor of Lagos state,  and one of the national leaders of the All Progressives Congress(APC) Asiwaju Bola Ahmed Tinubu over the 2009 governorship rerun in Ekiti state. On Monday, Senator Babafemi Ojudu,  Special Adviser to President…

Richest Africans: Dangote, Adenuga, Rabiu Top 2021 Forbes’ List As Alakija Drops

The Chairman, Dangote Group- Aliko Dangote, Mike Adenuga of Globacom and Abdul Samad Rabiu of BUA group made the 2021 annual Forbes Ranking of billionaires. Aliko Dangote tops the list with net worth of $12.1 billion, followed by Mike Adenuga who made the 5th position with $6.5 billion net worths while Abdul Samad of BUA…

$85.8M Debt: Appeal Court Overturns Mareva Judgement, Unfreezes SEPLAT’s Accounts

By Abiola Olawale The Court of Appeal, in Lagos, has struck out the order of Mareva injunction placed on the SEPLAT Petroleum Development Company's accounts, over an alleged debt of $85.8million. Honorable Justice Rilwan Aikawa of a Federal High Court, Lagos, had placed Mareva injunction on the accounts of the oil firm following a case…

Alleged 13% Derivation Injustice: Fresh Rumpus As Delta Oil Communities Urge Buhari To Right Wrong

Insist only President has prerogative, jurisdiction to legislate on 13% Derivation Fund Plead with Buhari to redeem the situation, correct anomaly Say it’s illegal, unconstitutional for 3rd line charge to manage what belongs to 1st line charge Alleges state govt’s has  failed to address plight of oil producing communities From Ameachi Prosper (The New Diplomat's…

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