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Breaking:LG Autonomy, FG/NFIU Wins Case Against Governors

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A Federal High Court sitting in Abuja presided over by Hon. Justice Inyang Ekwo today delivered a judgement in favour of the Federal government and Nigerian Financial Intelligence Unit (NFIU), on Local government joint accounts nationwide.

The NFIU had in June 2019 issued guidelines aimed at curbing crime vulnerabilities created by cash withdrawals from local government accounts by various state governments.

The Nigerian Governors Forum sued the FG and NFIU for interfering with state government powers to initiate transactions on Local Government Joint accounts citing provisions of the 1999 constitution.

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The NFIU issued a guideline on money laundering risk and vulnerabilities advising all banks not to honour transactions from joint accounts. It directed that the States/Local Governments Joint Accounts should used only for receiving funds and subsequently transferring them to Local government accounts only.
The guidelines also reduced cash withdrawal from local government accounts to five hundred thousand Naira daily.

Immediately after the guidelines came into place, most local governments across the country stopped facing challenges in payment of staff salaries.
While reacting to the judgement the Director/CEO of NFIU, Mr Modibbo Tukur said the judgement is good because the Federal government is always ready to protect both states and local governments by making funds available for their governance responsibility. He stressed further that funds can now be decided on by local councils which can be channelled to improving local security.

The CEO NFIU stressed that “from this judgement and from today all transactions on Local Government funds will be disclosed to ICPC and EFCC 100% and will be reported continuously”.

 

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Stampede at Catholic Church in Maitama Claims Ten Lives During Food Distribution

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Ten people have been confirmed dead in a stampede at the Holy Trinity Catholic Church, Maitama, on Saturday, 21st December 2024, during the distribution of food items to vulnerable and elderly individuals.

The unfortunate incident, which occurred around 6:30 am, resulted in the loss of ten lives, including four children, and left eight others injured with varying degrees of severity. Four of the injured have been treated and discharged, while the remaining victims are still receiving medical attention.

The FCT Police Command, in a statement issued by its spokesperson, SP Josephine Adeh, confirmed the tragedy, extended condolences to the families of the deceased, and wished the injured a swift recovery.

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Port-Harcourt Refinery Fully Operational- Says NNPC

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The attention of the Nigerian National Petroleum Company Limited (NNPC Ltd) has been drawn to reports in a section of the media alleging that the Old Port Harcourt Refinery which was re-streamed two months ago has been shut down.

We wish to clarify that such reports are totally false as the refinery is fully operational as verified a few days ago by former Group Managing Directors of NNPC.

Preparation for the day’s loading operation is currently ongoing.

Members of the public are advised to discountenance such reports as they are the figments of the imagination of those who want to create artificial scarcity and rip-off Nigerians.

 

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Port Harcourt Refinery Halts Production Less Than a Month After Resumption

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Less than a month after the porthacourt  appeared to have resumed production, the facility has stopped working.

It was gathered that the lifting of petrol actually stopped last Friday, December 13, as the 18-arm loading bay of the new Port Harcourt refinery was empty.

While about 18 trucks littered the stretch of the busy road leading to the refinery itself, nine trucks were spotted inside the parking yard, while the loading bay was empty.

Journalists who visited the refinery on Thursday, December 19, 2024, observed that the lifting of Premium Motor Spirit (petrol) had stopped completely.

The depot, which is usually a beehive of activities where tankers scramble for space at the parking yard, was a shadow of itself with literally no vehicular or human activity relating to operations.

This was after $1.5bn was approved in March 2021 and spent on the rehabilitation of the facility.

The inauguration of the 60,000 barrel per day production capacity plant by the Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mele Kyari, on Tuesday, November 26, 2024, was met with celebration and fanfare.

During the re-opening of the facility, there was lifting of petrol to the excitement of the cheering crowd.

However, less than 10 trucks of petrol were lifted that day as against widespread claims that about 200 trucks carried petrol out of the bay.

 

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