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The Bank Directors Association of Nigeria have distanced itself from the views of some bank chairmen on the proposed foreign exchange windfall tax. The Chairman of the association, Mustapha Chike-Obi, who disclosed this via his X (formerly Twitter), noted that BDAN would communicate its views on the issue after its board meeting on August 12.
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A chieftain of the Labour Party, Kenneth Okonkwo, has said any politician who is not ready to stand for the people who voted for him or her because of fear of being killed should step aside. The former LP campaign spokesperson stated this while reacting to the drama that preceded the just-concluded Rivers State Local
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A chieftain of the Labour Party, Kenneth Okonkwo, has said any politician who is not ready to stand for the people who voted for him or her because of fear of being killed should step aside. The former LP campaign spokesperson stated this while reacting to the drama that preceded the just-concluded Rivers State Local
The Speaker of the Borno State House of Assembly, Abdulkareem Lawan, has appealed to the Federal Government to consider buying a new aircraft for Vice President Kashim Shettima. The speaker, who made the appeal on Sunday in a statement, said Shettima’s life is at risk due to the faulty presidential aircraft he used to represent
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The Speaker of the Borno State House of Assembly, Abdulkareem Lawan, has appealed to the Federal Government to consider buying a new aircraft for Vice President Kashim Shettima. The speaker, who made the appeal on Sunday in a statement, said Shettima’s life is at risk due to the faulty presidential aircraft he used to represent
Justice Joyce Abdulmalik of the Federal High Court in Abuja has dismissed the request by Rivers State Government to stay proceedings in a suit seeking to stop allocation of fund to all the local government areas of Rivers State. The judge held that the request argued by Goddy Uche, SAN, on behalf of the Rivers
Court refuses to stay proceedings in suit seeking to stop fund allocation to Rivers LGAs
Justice Joyce Abdulmalik of the Federal High Court in Abuja has dismissed the request by Rivers State Government to stay proceedings in a suit seeking to stop allocation of fund to all the local government areas of Rivers State.
The judge held that the request argued by Goddy Uche, SAN, on behalf of the Rivers State Government was frivolous, vexatious, unwarranted and mischievous.
The Rivers State House of Assembly led by Martin Amaewhule had dragged the Central Bank of Nigeria, CBN, before the court praying for withholding of funds allocation to Rivers local governments.
The Rivers State government objected to hearing of the suit in Abuja but was turned down by the high court.
This prompted the state government to approach the Court of Appeal to intervene in the matter.
The state government filed an appeal marked CA/ABJ/CV/1197/2024 and filed a motion seeking the Federal High Court to stay proceedings until its appeal is determined.
However, after taking arguments from lawyer to the state government and Joseph Daudu, SAN, for the two plaintiffs, Justice Joyce Abdulmalik dismissed the request to stop proceedings on the ground that it was unmeritorious and mischievous.
The court insisted in going ahead with hearing of the suit.
Court refuses to stay proceedings in suit seeking to stop fund allocation to Rivers LGAs