Presidency Reveals Next Line Of Action After Court Order Seizing $25m Properties To Chinese Firm

The Nigerian Presidency has announced plans to appeal a recent British Virgin Islands High Court judgment granting Chinese firm Zhongshan Fucheng Industrial Investment Co. Ltd. the right to seize $25 million worth of Nigerian foreign assets. The dispute stems from a 2007 contract between Zhongfu, a subsidiary of Zhongshan Fucheng, and the Ogun State Government…

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Why Tinubu Is PDP’s Greatest Problem – Segun Sowunmi

Segun Sowunmi, a key figure in the Peoples Democratic Party (PDP), has accused President Bola Tinubu of exacerbating the internal conflicts plaguing the opposition party. In an interview on Channels Television’s Politics Today on Wednesday, Sowunmi stated that the crisis within the PDP stems directly from Tinubu’s actions, particularly his decision to appoint former Rivers…

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Nigeria Not Ready For GMOs, Says Southern Nigeria Youth Congress President

The President of the Southern Nigeria Youth Congress, Comr. Emordi Ugochukwu Caleb, has expressed concerns over Nigeria’s preparedness to adopt genetically modified organisms (GMOs). Speaking at the public investigation hearing on GMO adoption in Nigeria, he commended the National Assembly for initiating the critical discussion but urged caution in proceeding with GMO implementation. In his…

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Niger Delta Youths Set To Storm Bayelsa for ICT Development And Digital Innovation Discourse

– Niger Delta Youth Parliament (NDYP) Convergence 2.0: Empowering Tomorrow Through ICT Innovation The Niger Delta Youth Parliament (NDYP) is set to host the highly anticipated Convergence 2.0 event on 20th – 21st November, at 10 AM Prompt, at the Faculty of Law Auditorium, Niger Delta University, Ovom, Yenagoa. With a focus on technological advancement,…

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JUST-IN: Virgin Islands Top Court Authorises Chinese Investors To Seize $25 Million From Nigeria Assets

A top court in the British Virgin Islands has granted Chinese investors Zhongshan the authority to seize £20 million ($25 million) from Nigeria’s foreign denominated assets over an Ogun trade zone deal that fell through in the early 2000s under then governor Ibikunle Amosun. Justice Paul Webster of the British Virgin Islands High Court on…

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FLASH: Tinubu Reshuffles Pro-Chancellors Of FUOYE, FUL In Strategic Move

President Bola Ahmed Tinubu has approved the immediate swap of the Pro-Chancellors and Chairmen of the Governing Councils for the Federal University Oye-Ekiti (FUOYE) and Federal University Lokoja (FUL). This is contained in a statement issued by presidential spokesman, Bayo Onanuga on Wednesday. The statement said in this reshuffling, Senator Victor Ndoma-Egba, SAN, currently serving…

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