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Goddy Egene Determined to stop the federal government from taking over their unclaimed dividends, some shareholders of companies listed on the Nigerian Stock Exchange (NSE), under the aegis of Palm Wealth Shareholders Association(PWSA), have instituted a case against the government at Federal High Court of Nigeria, Abeokuta Division, Ogun State. The Finance Act 2020, signed into law by President Muhammadu Buhari last month provides that any unclaimed dividends of a public limited liability company quoted on the NSE and any unutilised amounts in a dormant bank account maintained in or by a deposit money bank which has remained unclaimed or unutilised for a period of not less than six years from the date of declaring the dividend or domiciling the funds in a bank account shall be transferred immediately to Unclaimed Funds Trust Fund. ....
Court awards N150, 000 fine against Omoyele Sowore’s co-defendant Olawale Bakare February 4, 2021 The Federal High Court, Abuja, on Thursday, awarded N150,000 fine against Olawale Bakare, the 2nd defendant in the treasonable felony suit leveled against him and the Convener, #RevolutionNow Movement, Omoyele Sowore. Justice Ijeoma Ojukwu awarded the cost on account of his failure to appear in court in the ongoing trial without genuine reason, an action the court deemed as affecting the pace of hearing the matter. The News Agency of Nigeria (NAN) reports that Sowore (1st defendant) and Bakare (2nd defendant) are facing a treasonable felony filed against them by the Office of the Attorney General of the Federation (AGF). ....
Federal High Court CJ, Body of SANs, NBA bid farewell to Justice Ibrahim Watila nationalaccordnewspaper.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nationalaccordnewspaper.com Daily Mail and Mail on Sunday newspapers.
TUESDAY WITH REUBEN ABATI In the past week, in the South Western part of Nigeria, we have been treated to stories of conflicts in Ondo and Oyo States between herdsmen, identified as Fulani, and the Yoruba owners of indigenous communities. In Ondo State, the issue at stake is the conversion of the state’s forest reserves into a criminal space by herdsmen who violate the integrity of the reserves and a hide-out for kidnapping, extortion and killings. Governor Rotimi Akeredolu affirming his powers as the Chief Security Officer of the state gave a seven-day ultimatum to the herdsmen in the forest reserves to vacate the place immediately. ....
Sunday Igboho and the Yoruba Nation, By Reuben Abati 9 min read The Igboho phenomenon deserves some close attention. Sunday Igboho showed up in the fight against criminal herdsmen in Oyo State because of the shocking absence of leadership. The state governor failed to defend the people’s interest. He did not stand up to the truth like Governor Akeredolu of Ondo State has done. He provided a vacuum, which a Sunday Igboho decided to fill. In the past week, in the South-Western part of Nigeria, we have been treated to stories of conflicts in Ondo and Oyo States between herdsmen, identified as Fulani, and the Yoruba owners of indigenous communities. In Ondo State, the issue at stake is the conversion of the State’s forest reserves into a criminal space by herdsmen, who violate the integrity of the reserves and turn them into hide-outs for kidnaping, extortion and killings. Governor Rotimi Akeredolu, affirming his powers as the chief security officer of ....