Daily News Update

The Dangote Petroleum Refinery has offered to supply 60 million litres of Premium Motor Spirit, popularly called petrol, to the Independent Petroleum Marketers Association of Nigeria weekly, which translates to 240 million litres monthly. It was gathered from the association that the refinery agreed to give 60 million litres of PMS to IPMAN members weekly, depending on patronage.

The presidential candidate of the New Nigeria Peoples Party in the 2023 election, Senator Rabiu Musa Kwankwaso, on Sunday alleged plans from Lagos to colonise the northern region. He lamented the avalanche of challenges bedeviling the North, including economic crisis, insecurity, poverty, hunger and different kinds of diseases, saying the situation is not good for the country.

#######

 Troops from the 6 Brigade of the Nigerian Army in Jalingo, Taraba State, have arrested a suspect who confessed to abducting 20 individuals and extorting N70 million in ransom. Captain Oni Olubodunde, the Acting Assistant Director of Public Relations for the brigade, said this in a statement on Sunday.

#######

 President Bola Tinubu has urged candidates dissatisfied with the outcome of the Ondo State governorship election to explore the opportunities provided by the judicial system to seek redress. President Tinubu who congratulated Governor Lucky Aiyedatiwa of the All Progressives Congress (APC) also commended the peaceful conduct of the process.

#########

 President Bola Tinubu has departed Nigeria for Brazil to attend the 19th meeting of the G20 Leaders’ Summit taking place in the South American country. Bayo Onanuga, Special Adviser to the President on Information and Strategy, announced this in a statement on Sunday.

######

. National Chairman of the All Progressives Congress, Alhaji Abdullahi Ganduje says the plot to take over Oyo and Osun states is on. Speaking in an interview with newsmen after the Independent National Electoral Commission declared Governor Lucky Aiyedatiwa as winner of the just concluded Ondo election, Ganduje said people of Ondo showed their love for the ruling party through their votes.

#########

 Thirteen Internet fraudsters have been sentenced to a combined 30 years in prison following their conviction by an Edo State High Court sitting in Benin City, the state capital. It was gathered from a statement by the Economic and Financial Crimes Commission on Sunday, that the judgements were delivered in separate proceedings between November 11 and November 14, 2024.

#####

 The All Progressives Congress has won all the 20 local government chairmanship and 236 councillors positions in the council elections held in Ogun on Saturday. The Chairman of the Ogun State Independent Electoral Commission, Babatunde Osibodu, announced the results on Sunday at the commission’s headquarters in Abeokuta.

#######

 President Bola Tinubu on Sunday conferred the national honour of Grand Commander of the Order of the Niger (GCON) on visiting Indian Prime Minister, Narendra Modi. Tinubu honoured the Indian Prime Minister during the Nigeria/India Bilateral meeting held at the Presidential villa, Abuja.

######

 The Controller of the Nigeria Immigration Service, NIS, Edo State Command, Martins Moye, has described as alarming the rising numbers of irregular migrants flocking into Nigeria. The controller expressed his concern at the 2024 edition of NIS enlightenment campaign against irregular migration, held in Benin City, Edo State.

###########

Former Nigeria President, Olusegun Obasanjo, has advocated for the appointments of new and credible leaders for the Independent National Electoral Commission, INEC, with short tenure to prevent corruption and re-establish trust.

Obasanjo made this call during the Chinua Achebe leadership forum held at Yale University in New Haven, Connecticut, USA.

Speaking on ‘Leadership failure and state capture in Nigeria,’ Obasanjo described the 2023 general elections as a travesty.

################

The World Bank has uncovered $32 million in unaccounted funds in Nigeria’s water project.

This was disclosed in the banks’ recently released FY2024 Sanctions System Annual Report.

The report showed that the missing funds were intended to bolster water infrastructure in Nigeria but were not adequately accounted for, prompting an intervention to safeguard the project’s integrity.

“INT followed up on risks identified regarding a project in Nigeria’s water sector and flagged to operations the risk, which was associated with $32 million of unaccounted funds.”

In a move to recover the fund, the World Bank engaged with the project team, including Nigeria’s task team leader, operations manager, and financial management specialist.

As a recommendation, the Central Bank of Nigeria has asked to reimburse $22 million, while $6 million remains in the project account to cover anticipated operational expenses.

from dailypost