Author: Akintayo Adams

Akintayo Adams A. is an accomplished news editor at News VEO with several years of experience covering, crafting, and delivering compelling news and content that captivates target audiences.

The Economic and Financial Crimes Commission has been ordered to serve the charges on alleged N80 billion fraud filed by the Federal Government against former governor of Kogi State, Yahaya Adoza Bello, through his lawyer, Abdulwahab Mohammed. The order was issued by Justice Emeka Nwite of the Federal High Court in Abuja on Tuesday while delivering a ruling in an application filed by the Economic and Financial Crimes Commission, EFCC, for substituted service on Bello. EFCC’s lead counsel, Kemi Pinheiro, SAN, argued the application. Bello’s lawyer Abdulwahab Mohammed, initially declined to accept the charges and proof of evidence. The Judge…

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On Monday, the Naira recorded a a 5.51 per cent loss when compared to the previous trading date, Friday, to trade at N1,234 to a dollar.  It exchanged at N1,169.99 to a dollar at the close of trade on Friday. According to data from the official trading platform of the FMDQ Exchange, a platform that oversees the Nigerian Autonomous Foreign Exchange Market (NAFEM), it was revealed that the Naira exchanged at N1,234.49 to the dollar. The total daily turnover also experienced an increase to 110.17 million dollars on Monday, up from 86.68 million dollars recorded on Friday. Meanwhile, the Naira…

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As he awaits offers for his next managerial position, Jose Mourinho has outlined his expectations. The 61-year-old, who has been out of employment since Roma fired him in January, has been linked with Saudi Pro League clubs, but the Portuguese is hoping to join a European club. “The only thing I want is that the targets and the objectives have to be established by everyone in a fair way. I cannot go to a club where, because of my history, the objective is to win the title. No. The only thing I want is that it has to be fair,”…

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Former Abia State governor Dr. Okezie Ikpeazu has responded to Governor Alex Otti’s charge of cash diversion against his administration. Otti claimed that a forensic examination revealed how the immediate prior government of Abia State issued monies to contractors for the development of a state-owned airport and other infrastructure that was regarded to be non-existent. Governor Otti made this announcement during a presentation at the Johns Hopkins University School of Advanced International Studies. Washington D.C., United States. However, through his spokesman, Onyebuchi Ememanka, Ikpeazu described the article as a web of lies, expertly crafted by a spin doctor to confuse…

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Former President Olusegun Obasanjo has asked President Bola Tinubu to include students from private universities in the Student Loan Scheme. Nonetheless, Obasanjo expressed skepticism on the scheme’s management without documenting unethical actions. The former president spoke during the inauguration of the Asiwaju Onafowokan, Coleman Wires and Cables building at Bells University’s College of Postgraduate Studies in Ota, Ogun State. “The Vice-Chancellor has spoken about the need to include students in private universities as beneficiaries of the Student Loan Scheme. I urge the government to listen to that and take heed to include them too. I doubt if the scheme will…

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Godswill Akpabio, the president of the Senate, endorsed the establishment of state police across the nation on Monday. At a national policy conversation on state policing in Abuja, which was organized by the House of Representatives Committee on Constitution Review, Akpabio voiced his support. In keeping with the goal of the President Bola Tinubu-led administration to make Nigeria secure for everyone, Akpabio, represented by Deputy Senate President Jibrin Barau, promised that the 10th Assembly is prepared to take on the challenges of insecurity head-on. “The concept of state police has been a topic of debate for many years. It is…

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Before President Bola Tinubu’s first anniversary in office, the Federal Government of Nigeria plans to introduce up to 2,700 buses and tricycles powered by compressed natural gas. It stated that before the end of 2024, the federal government planned to provide 60 refueling stations and 100 conversion workshops distributed over 18 states. This was contained in a statement titled ‘Presidential CNG initiative set for rollout’ by the Special Adviser to the President on Information and Strategy, Mr. Bayo Onanuga. “From the end of May, Nigeria will take some baby steps to join such nations that already have large fleets of…

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Corporal Innocent Joseph, and Lance Corporal Jacob Gani, who were apprehended on account of stealing armoured cables at the Dangote refinery have been dismissed by the Force. Major General Onyema Nwachukwu, the spokesperson for the Nigerian Army, confirmed their dismissal in a statement in which he accused the two soldiers of abandoning their place of assignment and in unauthorized possession of the 897 armoured cables materials. “In line with the Nigerian Army’s commitment to upholding high standards of professionalism, integrity, and discipline, the NA wishes to update the general public on the outcome of the investigation into the alleged theft of…

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The Inspector General of Police, Olukayode Egbetokun, has disclosed that the Federal Government plans to establish a N100 billion Police Housing Fund. This was revealed in Abuja on Monday during the launch of the maiden Nigerian Police Housing Summit  themed, “Renewed Hope for Police Housing in Nigeria”. Egbetokun said, “A key aspect of enhancing our officers’ conditions is the provision of appropriate housing during and after their service. This task is monumental, as the Nigerian Police Force currently grapples with a significant housing shortage for its members across all ranks. “Presently, housing capacity meets only about 10% of the needs…

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Members of the Association of Residents Doctors, Ladoke Akintola Teaching Hospital, Ogbomoso, Oyo State chapter, who are overworked, have made a plea to the state governor, Seyi Makinde, to address the terrible circumstances they find themselves in right now. The LAUTECH doctors bemoaned the unappealing compensation package in a series of posts on X on Sunday, pointing out that it is a major turnoff for potential candidates. They emphasized that ignoring these budgetary issues jeopardizes patient care and makes it more difficult for the hospital to retain skilled medical staff. “LAUTECH Teaching Hospital Ogbomoso needs your urgent intervention @seyiamakinde. Our…

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