ALLEGED N4. 8BN FRAUD: APPEAL COURT ADJOURNS IBETO'S APPEAL TILL SEPT 16.(PHOTO).#PRESS RELEASE.

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 Alleged N4.8bn Fraud:  Appeal Court Adjourns Ibeto’s Appeal Till Sept 16 A three-man panel of the Court of Appeal, Lagos Division,on Tuesday, May 7, 2024, adjourned till September 16, 2024, the hearing of the appeal filed by the Chairman of Ibeto Energy Development Company, Cletus Ibeto. The case, which was initially before Justice I.O. Ijelu of the Lagos State High Court, Ikeja, had suffered several adjournments due to the absence of the defendant to take his plea with respect to the 10-count charges preferred against him by the Economic and Financial Crimes Commission, EFCC. He was charged alongside his companies, Ibeto Energy Development Company and Odoh Holdings Ltd. Justice Ijelu had, on November 3, 2023 declared Ibeto wanted based on the application moved by counsel to the EFCC, Rotimi Jacobs, SAN. He had also issued a bench warrant for his arrest. However, when the case came up on January 29, 2024, the court informed all parties involved that the case file had been returned to

SENATE AMENDS RULES, STOPS FIRST TIMERS FROM BECOMING PRESIDENT, DEPUTY. (PHOTO).


Senate amends rules, stops first timers from becoming president, deputy

The Senate on Tuesday amended its standing rules to prevent first-time senators from contesting for the office of the President of the Senate and that of the Deputy President of the Senate.

The amendment was carried out at the plenary after the Leader of the Senate, Senator Opeyemi Bamidele, moved a motion for the amendment of standing rules to accommodate new standing committees.

The motion, which was seconded by the Senate Minority Leader, Senator Simon Mwadkwon, overwhelmingly received support of all the senators across all political affiliations when the President of the Senate, Senator Godswill Akpabio put on voice vote.

At the plenary, also, the Senate carried out nine other amendments aimed at accommodating new standing committees.

As shown in its motion, the Senate created the Committee on Atomic and Nuclear Energy, which would oversee the Nigeria Nuclear Energy Regulatory Commission, Nigeria Atomic Energy Commission and their annual budget estimates.

The Senate also bifurcated the Committee on Federal Capital Territory (FCT) into two different standing committees namely the Committee on FCT and Committee on FCT Area Councils.

The Senate resolved that the Committee on FCT would oversee matters affecting the FCT, Planning and Development of the new Federal Capital Territory and control of development within the Federal Capital Territory and its annual budget

The upper chamber further resolved that the Committee on FCT Area Councils would oversee Area Council Mandate, Area Council Service Commission, Area Council Staff Pension Board, Auditor- General for the Area Council and other agency or department under FCT.

The Senate similarly divided the Committee on Sports into two standing committees to now reflect the Committee on Sports Development as well as Committee on Youth and Community Engagements.

According to the Senate, the jurisdiction of the Committee on Sports Development shall include Federal Ministry of Sport Development, National Lottery Commission, National Institute for Sports, Nigeria Football Federation, Sport Arena Development, national and international sporting activities, sports administration and annual budget estimates.

The Senate further said the jurisdiction of the Committee on Youth and Community engagements should include Federal Ministry of Youth Development, National Youth Service Corps, Citizens and Leadership Training Centre, Offices of the Senior Assistant to the President on Community Engagement in the six geo-political zones, youths movements activities and associations and its annual budget estimates.

The Senate also divided the Committee on Solid Minerals, Steel Development and Metallurgy into the Committee on Solid Mineral Development and the Committee on Mines and Steel Development.

The Senate said the Committee on Solid Mineral Development “shall oversee Federal Ministry of Solid Mineral Development, Nigerian Geological Survey Agency, Mining Cadastre Office and Council of Nigerian Mining Engineers and Geoscientist, Nigerian Metallurgical Training Institute, Solid Minerals Development Fund, Nigeria Institute of Mining and Geoscience, National Metallurgical Development Centre, exploration of minerals extraction and quarry, geological survey and minerals investigation as well as explosives.

“The Committee on Mines and Steel Development shall oversee Federal Ministry of Mines and Steel Development, Aluminum Smelting Company of Nigeria, Ajaokuta Steel Development Company, National Iron Ore Mining Company, National Steel Raw Material Exploration Agency and their budgets.”

 

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