Author: TheLagosianMagazine

The Federal Government has also vowed to shut down filling stations that is caught dispensing PMS at exorbitant rates. It declared this through the Nigerian Midstream and Downstream Petroleum Regulatory Authority, stressing that it was not in the interest of Nigerians for marketers to profiteer in the sales of PMS. Although, independent oil marketers claimed that they’ve been buying petrol from private depot owners for as high as N850/litre since last week and that this was why the pump prices were high, the spokesperson of the NMDPRA, George Ene-Ita, argued that the petrol price reports that the regulator gets from…

By Jimmy Fatunbi President of the Senate, Godswill Akpabio, on Monday, for the first time, physically met with former Resident Electoral Commissioner in Akwa Ibom State, Mr Mike Igini. The duo met at the ongoing 2024 Nigerian Bar Association (NBA) Annual General Conference in Lagos. Igini, while exchanging pleasantries with Akpabio noted, ” this is the first I am physically meeting with the President of the Senate, we have only been seeing on Television.” Akpabio also admitted that he has never seen the former INEC chief physically till today. It would be recalled that Igini presided over the 2019 elections…

There are indications that the Federal Government’s committee which was set up to ensure the implementation of crude oil sales to local refineries in naira will further discuss the pricing of Premium Motor Spirit, popularly called petrol, to be released by the Dangote Petroleum Refinery next month. Multiple officials, both among oil marketers and members of the Implementation Committee on crude oil sales in naira, under the leadership of the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, confirmed that the panel would be holding a series of meetings this week and in coming weeks on the…

By Jimmy Fatunbi Founder of Tingo Group, Mr Dozy Mmobuosi, has denied allegations of wrongdoing, saying that the false narratives of infraction against him and his business interests are baseless, unfounded and deliberate attempt by certain powers in the West and in Nigeria for selfish reasons. Mmobuosi stated this on Saturday during a press conference at the Tingo House on Victoria Island, Lagos, In the press briefing titled: “My Battles with Western Powers: Setting the Record Straight”, Mmobuosi told journalists about the circumstances leading to the accusations against him. According to Mmobuosi, his decision to invest in the beverage and…

By Jimmy Fatunbi Founder of Tingo Group, Mr Dozy Mmobuosi, has denied allegations of floating Dozie stocks to defraud shareholders, saying that the false narratives against him and his business interests are baseless, unfounded and deliberate attempt by certain Western powers for selfish reasons. Mmobuosi stated this on Saturday during a press conference at the Tingo House on Victoria Island, Lagos, In the press briefing titled: “My Battles with Western Powers: Setting the Record Straight”, Mmobuosi told journalists about the circumstances leading to the accusations against him. According to Mmobuosi, his decision to invest in the beverage and telecom industries,…

Operatives of the Department of State Services have arrested an investigative journalist, Adejuwon Soyinka. Soyinka, who is the Regional Editor of The Conversation Africa, was arrested at the Muritala Muhammed International Airport in Lagos on Sunday. A distress message sent to The PUNCH by one of his friends stated that Soyinka was picked up shortly after arriving from the United Kingdom. The friend in the message said no reason was given for his arrest and Soyinka had been held incommunicado. The message read, “Adejuwon Soyinka has been detained by officers of the Department of State Security at the Muritala Muhammed…

Operatives of the Department of State Services have arrested an investigative journalist, Adejuwon Soyinka. Soyinka, who is the Regional Editor of The Conversation Africa, was arrested at the Muritala Muhammed International Airport in Lagos on Sunday. A distress message sent to The PUNCH by one of his friends stated that Soyinka was picked up shortly after arriving from the United Kingdom. The friend in the message said no reason was given for his arrest and Soyinka had been held incommunicado. The message read, “Adejuwon Soyinka has been detained by officers of the Department of State Security at the Muritala Muhammed…

The Supreme Court has affirmed the elections of Senator Douye Diri, Usman Ododo, and Senator Hope Uzodimma as governors of Bayelsa, Kogi, and Imo states, respectively. The court dismissed appeals filed against the November 11, 2023, governorship elections, citing lack of credible evidence to prove non-compliance with electoral laws. Uzodimma Rededicates Himself to Imo People Reacting to the court’s judgment, Uzodimma said he has re-dedicated himself to serving the people of Imo state. He expressed gratitude to the Supreme Court for upholding the law despite alleged blackmail and intimidation. PDP Congratulates Diri, Raises Concerns Over Imo, Kogi The Peoples Democratic…

The Nigeria Police Force has exonerated Tingo Foods, Tingo Mobile Plc and its founder, Mr Dozy Mmobuosi of any involvement in alleged fraudulent diversion and misrepresentation of financial reports of the firms with forged documents. The police added that there is no evidence to support the case against Tingo and Mmobuosi, saying that there is the need to exonerate them on the grounds of no link to the alleged wrongdoings. The police stated this in a Legal Advice addressed to the Inspector General of Police, Mr Kayode Egbedokun by the Commissioner of Police, Legal/Prosecution, Force Criminal Investigation Department (FCID), Force…

Ogun State Governor, Dapo Abiodun, has announced that the state generated an impressive 1 billion naira from the sale of locally produced rice in just three months. The State Governor, Dapo Abiodun, disclosed this on Monday, 19 August, when he flagged off the harvesting of the 200-hectare Magboro rice farm in Obafemi-Owode Local Government Area of the state. According to Governor Abiodun, the revenue was generated from the sales of Ofada rice, a popular variety known for its unique flavor and quality. The governor highlighted the state’s investment in modern farming techniques, irrigation systems, and processing facilities as key factors…