Getty Images An Italian court has acquitted Shell and Eni of corruption charges in the $1.1 billion OPL 245 deal in Nigeria. Marco Tremolada, the judge, delivered the decision on Wednesday. Italian prosecutors had alleged corruption in the deal while campaigners said the Nigerian government was short-changed. After years of trial, the court in Milan has now determined that Shell and Eni are not guilty of the the charges. Get more stories like this on Twitter You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.
Dr Timothy Olawale, Director-General, Nigeria Employers Consultative Association (NECA) has expressed concern of the association, at the growing unemployment rate, as released by the National Bureau of Statistics (NBS). Olawale told newsmen on Wednesday, in Lagos, that the recently released data by the NBS was worrisome. NAN also reports that a recently released Labour force report, published by the NBS shows that Nigeria’s unemployment rate as of the end of 2020, rose to 33.3 per cent from 27.1 per cent recorded as of Q2 2020. The report indicated that about 23,187,389 (23.2 million) Nigerians remained unemployed. “While the figure shows that the unemployment crisis is worsening at an alarming rate, it is also instructive to note that the socio-economic factors that increased the figure t...
Dr. Ngozi Okonjo-Iweala, Director General of World Trade Organisation (WTO), has warned of Nigeria’s continued reliance on crude oil and gas as the major source of revenue to the government. Okonjo-Iweala sounded the warning on Wednesday in Abuja at a meeting with Women Entrepreneurs in Nigeria held at the headquarters of the Nigerian Export Promotion Council (NEPC). She urged the government to transit from oil and gas based economy to other non-oil sectors. She pointed out that unless Nigeria diversifies her economy, it would be left behind by other countries. She said, “I have kept on harping that Nigeria should transit from oil and gas based economy to producing in other non-oil sector. “This is because of the climate change. Fossil fuels which are oil and gas, that Nigeria depends on, ...
One woman was confirmed dead and 17 others were injured, in a road crash that occurred along Bauchi-Gombe road, on Wednesday, according to the Federal Road Safety Corps (FRSC). Yusuf Abdullahi, the Sector Commander, of the FRSC in Bauchi state, told newsmen, in Bauchi that the accident occurred in Dungulbi village, in Bauchi Local Government, when two vehicles collided with each other, as a result of wrongful overtaking. Abdullahi explained that a total of 18 people were involved in the accident between a Toyota Hummer bus with plate number FG25C04 and a commercial Ford vehicle, with a plate number KTG 808 TT. “The total number of people involved in this accident is 18, 11 males, five females, one male child and one female child, while the dead passenger is a female. “The probable cause of...
Rochas Foundation A three-man panel of the Court of Appeal in Abuja, Wednesday, dismissed the appeal filed by the Attorney General of Imo State and forty others challenging the ruling of an Owerri Federal High Court, which granted Senator Rochas Okorocha the leave to amend processes filed before the Court. Presiding Judge in the Suit with Suit No:CA/ABJ/CV/942/2020, Justice Dattijo Yahaya, dismissed the appeal, following a notice of discontinuance dated and filed on March 16 by the Attorney General of Imo State, Cyprain Akaolisa, on behalf of the appellants. Counsel to Senator Rochas Okorocha, Oba Maduabuchi, opposed the withdrawal of the appeal on the ground that the appellants want to deceive the Court by pretending to discontinue the appeal and go back to Imo State and complete what the...
The Bayelsa State Police Command has arrested two students of the state-owned Niger Delta University (NDU) for unlawful possession of a revolver pistol and cultism. A statement on Wednesday by the Police Public Relations Officer, Mr Asinim Butswat, identified the two NDU undergraduates as Joshua Daniel and Kevin Are. While Daniel is a 300-level student of the Department of Economics, Are is a 200-level student of the Mechanical Engineering Department. Butswat said the suspects were picked up with their gun on Tuesday at the jetty in the university town of Amassoma, Southern Ijaw Local Government Area of the state. According to him, the two of them confessed to be members of the Vikings Confraternity, a secret cult. He said they would be arraigned in court when investigation was concluded. ...