Author: Platform Times Newspaper

Justice Emeka Nwite of the Federal High Court Abuja has granted an interim order to the Economic and Financial Crimes Commission (EFCC) to freeze 1,146 bank accounts connected to individuals and companies. PLATFORM TIMES gathered that the affected accounts were under investigation for alleged unauthorised dealing in forex exchange, money laundering, and terrorism financing. PLATFORM TIMES  further gathered that the  order, issued on Wednesday,  made in response to a motion by EFCC counsel Ekele Iheanacho, stressing  the seriousness of the allegations and  the necessity to freeze the accounts “pending conclusion of investigation.”  This freeze, set for a duration of 90…

Enoch Oyedibu The Minister of Power, Adebayo Adelabu, has said  the country would need  a substantial investment of $10 billion annually over the next 10 years  to address the longstanding challenges plaguing the  power sector.  Speaking during a one-day investigative hearing in Abuja, Adelabu highlighted that sustained financial commitment is essential to overhaul the ailing infrastructure and ensure reliable electricity supply nationwide. At the heart of the discussion was the allocation of N2.9 trillion towards achieving comprehensive sector subsidy.  Adelabu stressed  the urgent necessity of addressing liquidity issues within the sector, citing the significant backlog of subsidies owed to Generating…

A man known as Baale or Radical, has reportedly taken his own life following a distressing eviction notice due to unpaid rent.  Baale, residing in a modest room on Moshalashi Road, Egan, Igando, tragically ended his life on Sunday night by consuming a poisonous substance suspected to be insecticide. Sources close to the situation, speaking on condition of anonymity, revealed that Baale had confided in his wife about the mounting pressure of meeting the increased rent demand, which had surged from N35,000 to N60,000 annually.  PLATFORM TIMES gathered that th deceased had been struggling to cope with the financial burden…

The Delta High Court in Effurun on Monday ordered a foremost blogger, Linda Ikeji, N30 million as general damage to the Neo Black Movement (NBM) of Africa for libelous publication. The NBM and three others slammed a N1 billion lawsuit against Ikeji, for defamation and libel. The lawsuit had the Registered Trustees of NBM of Africa, Ese Kakor, Felix Kupa and Mayor Onyebueke as the claimants. Delivering judgment, Justice Roli Daibo-Harriman, also awarded N300,000 being cost of litigations against the Nigerian blogger. The court also ordered Ikeji to place a publication in her blog and national dailies retracting the libelous…

A Competition and Consumer Protection Tribunal (CCPT) sitting in Abuja, on Monday, restrained Multi-Choice Nigeria Limited from increasing its tariffs and cost of products and services scheduled to begin on May 1. The three-member tribunal, presided over by Saratu Shafii, gave the interim order following an ex-parte motion moved by Ejiro Awaritoma, counsel for the applicant, Festus Onifade. The tribunal, in a ruling, restrained Multi-Choice from going ahead with the impending price increase schedule to take effect from May 1, pending the hearing and determination of the motion on notice filed before it. “The 1st defendant is hereby restrained from…

Segun Sowunmi Upon reflection on the trajectory of President Bola Ahmed Tinubu and his journey to the presidency, I find my mind wondering if my Yoruba Uncle is still the same person that I have always known and admired. You might need to think through this to understand me. The Yorubas already carry misconceptions about betrayal, that we don’t keep our end of the bargain. That we use and dump people. That we are cunning around the power play. Except Olusegun Obasanjo who as both in and outside power as military and civilian head of state kept his side of…

President Bola Tinubu has clinched a landmark $600 million deal with Danish shipping giant A.P Moller-Maersk, aiming to bolster Nigeria’s port infrastructure and facilitate larger container shipping services.  PLATFORM TIMES gathered that the deal was to help in expanding port infrastructure to accommodate more container shipping services in Nigerian ports. Chairman of A.P Moller-Maersk, Mr. Robert Maersk Uggla, revealed the investment decision during discussions with President Tinubu at the World Economic Forum Special Meeting on Global Collaboration, Growth, and Energy for Development in Riyadh, Saudi Arabia. ”We have seen a significant opportunity for Nigeria to cater for larger container ships.…

Daud Olatunji The longstanding rift between Ogun State Governor Dapo Abiodun and former Governor Ibikunle Amosun reached a boiling point at a public function in Ijebuland, igniting a dramatic showdown witnessed by attendees. PLATFORM TIMES reports that the  clash, which unfolded during the installation ceremony of Asiwaju Sulaiman Adegunwa and his wife Hajia Fatima, left no doubt about the strained relationship between the political heavyweights. During the event, Governor Abiodun’s arrival stirred controversy as he bypassed former Governor Amosun and Gbenga Daniel to greet other dignitaries, sparking immediate tension.  Sources revealed to PLATFORM TIMES that Governor Abiodun, feeling slighted by…

Daud Olatunji The political arena in Ogun State has witnessed a dramatic twist as the Chief Whip of the Ogun State House of Assembly,  Bakare Omolola Olanrewaju, suspended her Personal Assistant, Mr. Abdulganiu Jamiu, indefinitely.  PLATFORM TIMES gathered that the  decision was prompted by Abdulganiu’s involvement in a banner regarding the Senator representing Ogun West , Olamilekan Adeola, popularly known as Yayi, without proper authorization. PLATFORM TIMES reports that Yayi has been desperately scrambling for the seat of governor in the next election year after Dapo Abiodun. In a formal announcement, Hon. Bakare Omolola Olanrewaju clarified that she had not…

Dr. Chris Omotosho, Head of Department of Theatre Arts at the Federal College of Education,Osiele, Abeokuta, has been elected as the pioneer President of the South West Authors Forum (SWAF).  A statement issued by the Public Relations Officer of ANA in the state,.Dare Folarin sated that the announcement came following a three-day Conference of the SWAF held at the ASUSS Secretariat in Abeokuta over the weekend. Alongside Dr. Omotosho, a cohort of distinguished individuals comprising the SWAF executive board were elected by delegates.  Dr. Sola Balogun clinched the position of Vice President, Ms. Brenda Nwafor secured the role of General…