N30trn Revenue Fraud: Senate Orders the Arrest of 30 CEOs

Hamilton Nwosa
Writer

Ad

How I Was Able to Leave Guinea-Bissau Amid Coup– Jonathan 

By Abiola Olawale Former Nigerian President Goodluck Jonathan, who was leading an election observation mission, has recounted his evacuation from the coup-hit Guinea-Bissau. Jonathan, who was in Guinea-Bissau as the Head of the West African Elders Forum (WAEF) Election Observation Mission when the military took over power, explained how he was evacuated through an Ivorian…

2027: Jonathan's likely Presidential Bid gets PDP’s S'South Support as Rivers Kick, Split

FG Set to Launch Digital Single Travel Emergency Passport in January

By Abiola Olawale The Federal Government of Nigeria is set to launch the Single Travel Emergency Passport (STEP) in January 2026. This new biometric travel document, replacing the outdated Emergency Travel Certificate (ETC), is said to be a key part of the government’s digital reform agenda aimed at strengthening identity management and providing seamless assistance…

Nigeria opens 50 oil, gas blocks as NUPRC launches 2025 licensing round

By Obinna Uballa The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced that 50 oil and gas blocks across multiple basins will be placed on offer as part of the 2025 Petroleum Licensing Round, scheduled to begin on December 1. The commission said the bid round, approved by President Bola Tinubu, will be conducted in…

Ad

The Senate has ordered the arrest of the chief executive officers of 30 companies for allegedly failing to appear before it, the News Agency of Nigeria reports.

The companies include mobile giant, Globacom, and Crown Flour Mills.

A Senate committee, headed by Hope Uzodinma, had earlier invited the chief executives as part of its investigation into a ‘N30 trillion’ revenue scam allegedly perpetrated by the firms.

The Senate had on Wednesday threatened to issue the arrest warrants; but on Thursday, it said it was extending the appearance till next week.

The News Agency of Nigeria, however, reports that the order to arrest the chief executives was given on Friday.

Details later…

Ad

X whatsapp