FG AGREES TO PAY $496M SETTLEMENT CLAIMS ON AJAOKUTA STEEL – NATIONS PG.28
The federal government yesterday disclosed that it had agreed to pay $496 million to settle a multi-billion dollar claim from Global Steel Holdings Limited following the termination of a contract to upgrade the country’s steel plants. The figure was revealed in a report by mining.com, an online news medium with focus on the global mining and metals industry. As shown in the mining.com report, the Attorney General of the Federation and Minister of Justice, Mr. Abubakar Malami confirmed the resolve of the federal government to pay the claims. After a prolonged dispute, the federal government had signed a renegotiated concession agreement with Global Steel Holdings Limited for the Nigerian Iron Ore Mining Company (NIOMCO), Itakpe.
KYARI: FG FILES 24 CHARGES, SEIZES MEGA ASSETS – PUNCH PG.2
The Federal Government has uncovered 14 assets, including shopping malls, residential estate, polo playground, lands and farmland belonging to a former commander, Intelligence Response Team, Abba Kyari, a Deputy Commissioner of Police. Kyari was said to have failed to disclose his ownership of the properties in different locations in the Federal Capital Territory, Abuja and Maiduguri, Borno State. Over N207m and Є17, 598 were also discovered in his various accounts in GTB, UBA and Sterling Bank.
EFCC SET TO ARRAIGN OGUN SPEAKER – PUNCH PG.8, THIS DAY PG.11
The Economic and Financial Crimes Commissioner may arraign the Speaker of the Ogun State House of Assembly, Olakunle Oluomo, this week over alleged financial crimes, a source within the anti-graft agency confirmed to our correspondent on Saturday. The source, who did not want his name in print because he is not the commission’s spokesperson, noted that the EFCC is leaving no stone unturned in its bid to arraign Oluomo.
PHYSICALLY CHALLENGED DRUG TRAFFICKER ARRESTED AT LAGOS AIRPORT – DAILY SUN PG.5, DAILY TRUST PG.35, THIS DAY PG.47
The National Drug Law Enforcement Agency (NDLEA) has arrested a 53-year-old physically challenged man, Ehiarimwiam Osaromo Emmanuel, at the departure hall of the Murtala Muhammed International Airport (MMIA), Ikeja, Lagos, for drug trafficking. NDLEA Head, Media and Advocacy, Mr. Femi Babafemi, who made the disclosure, in a statement, yesterday, said Ehiarimwiam, an indigene of Orhionmwon Local Government Area of Edo State, was found to have concealed 5,000 tablets of tramadol 225mg in his luggage, last Sunday, on his way to Italy, via Doha, on a Qatar Airways flight.
NDLEA ARRESTS 8 BANDITS IN ONDO FOREST – DAILY TRUST PG.14
The National Drug Law Enforcement Agency (NDLEA) has arrested eight suspected bandits in Ala Forest, Akure North Local Government Area (LGA) of Ondo State. NDLEA’s spokesman, Femi Babafemi, in a statement on Sunday, gave the names of the arrested suspects as Austin Dickson (47), who is the gang leader; Sunday Adekunle (31); Kayode Oluwaseun (29); Kolawole Kazeem (33); Oladimeji Makinde (37); Emeka Charles (46); Ojo Oluwadare (40) and Lanre Oluwajana (44).
ICPC: TECHNOLOGY KEY TO CURBING CORRUPTION, ILLICIT FINANCIAL FLOWS – THIS DAY PG.6
The Chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), Prof. Bolaji Owasanoye, (SAN), has identified the deployment of technology as crucial to the fight against corruption and Illicit Financial Flows (IFFs). Owasanoye made this known at the presentation of demo hacking solutions by seven innovators at the ICPC Headquarters, Abuja. The Illicit Financial Flows Hackathon is an initiative of the ICPC and the National Information Technology Development Agency (NITDA) with support of the Ford Foundation, West Africa.
