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Daily Archives: January 30, 2018

Ogun Partners 8 IPPs for Generation of 276MW Electricity

  In it’s continued efforts towards tackling the epileptic power supply in the state, the Ogun State Government has entered into an agreement with eight Independent Power Providers (IPPs) to generate and distribute power to residents. The project, tagged “Light-Up Ogun”, is to generate a total of  276 mega watts of electricity from gas, solar, waste to energy and joule ... Read More »

Senate Suspends Security Summit In Honour of Late Ekwueme

The national summit on security being organised by the Senate has been postponed in honour of the late former Vice President, Alex Ekwueme who will be buried on Saturday. The summit, scheduled to hold on February 1 and 5 at the Banquet Hall of the State House was to be declared open by President Muhammadu Buhari. A statement by the chairman of ... Read More »

Nigerian Auto Dealer buys Arnold Schwarzenegger’s Bugatti Veyron for $2.5m

A Nigerian auto dealer, Obi Okeke, popularly referred to as Doctor Bugatti, has purchased Arnold Schwarzenegger’s Bugatti Veyron for $2.5m According to TMZ, the Bugatti dealer has intentions to resell the vehicle. The Bugatti Veyron 2015 model goes 0-60 mph in 2.5 secs and has only had about 1,000 miles on it. Okeke was the one who sold a similar whip to ... Read More »

Patience Jonathan loses N2b suit against EFCC

Nigeria’s former first lady, Patience Jonathan has lost her N2 billion fundamental human rights enforcement suit against the Economic and Financial Crimes Commission, EFCC, at the Federal High Court in Abuja on Tuesday. Mrs Jonathan had sued the EFCC N2 billion in June 2017 for violating her rights in various occasions. Justice John Tsoho, in delivering judgment on Tuesday said ... Read More »

Paddy Adenuga’s audacious move to buy Chevron Netherlands

A LION IN THE NORTH SEA: THE BATTLE FOR CHEVRON NETHERLANDS It was October 2013, two years had passed since I had left the family business in Lagos, Nigeria and moved to London, England to start my own oil trading company. My time in the family business, as a director in the telecoms division and upstream oil & gas company ... Read More »

FG re-arraigns Senator Misau for Falsehood against Police Boss

The Federal Government on Monday re-arraigned Senator Isah Misau at the FCT High Court, Maitama, on amended charge of injurious falsehood. Misau, the senator representing Bauchi Central Senatorial District, was arraigned on a five-count of injurious falsehood on October 19, 2017. The charges were amended to seven during Monday’s proceedings. The prosecuting counsel, Dr. Alex Izinyon (SAN), had told the ... Read More »