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Coronavirus pandemic makes super-rich even richer

Daily Dispatch October 7, 2020

The coronavirus pandemic has made the super-rich around the globe even richer, according to a study by consulting firm PwC and the major Swiss bank UBS. At the end of July, the total assets of the world’s more than 2,000 billionaires had risen to a record level of around 10.2 trillion dollars,

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$1.5bn liability :Malami welcomes U.S. tribunal judgment awarding Nigeria $660,000

Daily Dispatch October 7, 2020

The Minister of Justice, Abubakar Malami, on Wednesday welcomed the judgment of a U.S.-based tribunal, which ordered InterOcean Oil Company to pay the Federal Government 660,129 dollars as reimbursement of its share of the arbitration costs. The News Agency of Nigeria (NAN) reports that the U.S.-Based International Centre for Settlement of Investment Dispute headed by […]

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Millions Of Nigerians Living In Extreme Poverty – Osinbajo

Daily Dispatch October 6, 2020

Vice-President Yemi Osinbajo on Tuesday admitted that millions of Nigerians are extremely poor. He said elected leaders would be irresponsible if they don’t collaborate and sort out what he called the nation’s life-threatening problems. Osinbajo said these at the closing of the two-day executive-legislative leadership retreat held at the Presidential Villa, Abuja. He said

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FG to investigate alleged diversion of N2.67bn meant to feed students

Daily Dispatch October 6, 2020

The Federal Minister of Education, Adamu Adamu, has ordered a full-scale investigation into the alleged diversion of funds meant for a school feeding programme into individual accounts. Ministry spokesman Ben Bem Goong revealed this in a statement on Tuesday. The Independent Corrupt Practices and Other Related Offences Commission (ICPC) had earlier reported that the sum

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Breaking: Ondo Poll: Akeredolu, Jegede, Agboola Sign Peace Accord

Daily Dispatch October 6, 2020

Ahead of Saturday’s governorship election in Ondo State, Governor Rotimi Akeredolu, Eyitayo Jegede, Agboola Ajayi and other governorship candidates on Tuesday signed a peace pact to make the election violence-free and peaceful. The peace accord was signed in Akure, Ondo State. It was organised by the National Peace Committee, NPC. Speaking after signing the peace […]

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AESID urges EFCC, ICPC, others to probe palliative sharing in Ebonyi

Daily Dispatch October 6, 2020

…..Cautions govt on ‘phony’ spending A diaspora group, Association of Ebonyi State Indigenes in Diaspora (AESID) has called for caution in the spending of resources by the Ebonyi state government, even as it called on anti-graft agencies to monitor closely the sharing of another Covid-19 palliative in the state.The group specifically called on the