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Breaking: NNPC Releases 2023 Audited Financial Statement…Posts N3.3trn Net Profit, Declares N2.1trn Dividend

Daily Dispatch August 19, 2024

…Targets 2mbpd Crude Oil Production by Dec 2024 The NNPC Limited has released its 2023 Audited Financial Statement (AFS), declaring a net profit of N3.297 trillion at the close of the financial year which ended in December 2023, an increase of over N700billion (28%) when compared to

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Seized Presidential Jets: Chinese firm disagrees with FG, defends Paris Court verdict 

Daily Dispatch August 16, 2024

Zhongshan Fucheng Industrial Investment Co. Limited has disagreed with the Nigerian government’s narrative following the temporary seizure of Nigeria’s presidential jets through a court case in Paris, France.  The rebuttal was disclosed in a statement on August 15, 2024.  The offices of the Attorney General of the Federation, Lateef Fagbemi (SAN), and the National

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My house in Maiduguri better than Tinubu’s house in Bourdillon – Shettima

Daily Dispatch August 16, 2024

Vice-President Kashim Shettima has extolled virtues of his boss, President Bola Tinubu, saying contrary to public opinion, the president is poor and lives a descent life. The Vice President explained that his boss is not in power to accumulate wealth but to leave a positive mark on the nation. Shettima spoke in Abuja on Thursday […]

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(Breaking) Presidential aircraft: Ogun moves to vacate seizure order, faults fraudulent legal process by Zhongashan

Daily Dispatch August 15, 2024

Ogun State Government, on Thursday, faulted the judicial process that led to the provisional attachment of three Nigerian government owned aircraft in France by the Judicial Court of Paris on 7th March and 2nd August, 2024. It would be recalled that a Chinese company, Zhongshan Fucheng Industrial Investment Co. Ltd, had sought several orders from […]

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Breaking: NJC recommends Justice Kudirat Kekere-Ekun as CJN

Daily Dispatch August 15, 2024

The National Judicial Council (NJC) has recommended Justice Kudirat Kekere-Ekun to President Bola Ahmed Tinubu for appointment as chief justice of Nigeria (CJN). The NJC also recommended 27 candidates for appointment as judges of state courts and one as Kadi of the Sharia Court of the FCT, Abuja.

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Dangote in fresh trouble for increasing $40m fertilizer plant to $150m as FG, contractors kick

Daily Dispatch August 14, 2024

CONTROVERSIAL richest man in Africa, Alhaji Aliko Dangote has allegedly swindled the Nigerian Government of the huge sum of NGN5billion, an equivalent of $3,144,654.09 USD by padding the money used in building the fifty kilometers Gas Pipeline connecting the fertilizer company at Ibeju lekki, Lagos Nigeria, to The Gas Pipeline was constructed under Build, Operate […]