Former NNPC GMD Docked

By Oji Odu The Economic and Financial Crimes Commission (EFCC), has arraigned former Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Andrew Yakubu, at the Justice Ahmed Mohammed Federal High Court sitting in Abuja. Yakubu is facing a six-count charge bordering on fraud and false declaration of assets which was filed against him by the EFCC on March 10, 2017. The agency also accused him of receiving huge sums of money without going through the financial institutions. One of the charges read: “That you, Andrew Yakubu, on…

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NCC Declares Controversial ‘State of Emergency’

By Oji Odu The recent declaration of a state of emergency on the Quality of Service (QoS) in the nation’s telecommunications sector by the Nigerian Communications Commission (NCC) has continued to generate controversy in a year the regulator declared as the ‘Year of the Consumer’. At an interactive session between the NCC and telecommunications operators on the deteriorating QoS, in Abuja, the Executive Vice Chairman of the NCC, Umar Dambatta, assured operators of finding ways of cushioning effects of the situation and ameliorating the recurrent inaccessibility to foreign exchange. He…

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Lagos Begins One Month Official Darkness

By Oji Odu Friday, March,3, 2017, the Ikeja Electricity Distribution Company (IKED),announced a one-month blackout in many of its coverage areas in Lagos to enable it carry out maintenance work. The spokesperson of the power firm, Felix Ofulue, said that the power outage will span from March 6 to April 4, 2017. Ofulue explained that during the outage period, the company will repair its Ikeja West Transmission Station. The affected areas include Ojodu, Magodo, Alausa, Oke-Afa, Bolorunpelu, Egbe, Igando, Shasha, Ipaja, Alimosho, Agege, Egbeda and Abesan. Other areas to be…

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