NSA probes N15bn recovery

The National Security Adviser (NSA), Major General Mohammed Monguno (rtd), has begun an investigation into the recovery of about N15 billion by the Economic and Financial Crimes Commission (EFCC). This is as President Muhammadu Buhari has directed the Attorney General of the Federation (AGF) and Minister of Justice, Abubakar Malami (SAN), to submit a report on the recovery. The EFCC had, last week Wednesday, recovered $43.4 million, £27,800 and N23.2 million totalling about N15 billion from a private apartment at the Osborne Towers in Ikoyi, Lagos. New Telegraph was informed…

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Eight die, 24 injured in Lagos, Ogun

Eight people lost their lives yesterday while about 19 others were injured in auto crashes in Lagos and Ogun states. Five people were burnt to death yesterday while five others were injured at the popular Barracks Bus Stop, Surulere when a Volkswagen commercial bus known as Danfo caught fire while descending from the popular National Stadium Bridge on Funsho Williams Avenue. Pedestrians and other sympathisers could hold back tears watching the gory scene of the mangled and burnt bodies of the victims which littered the road. A child, three women…

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Local oil firms walking a tight rope

Indigenous firms are the worst-hit by myriads of challenges bedeviling the oil and gas industry. ADEOLA YUSUF reports on how many of them are running into bankruptcy     Aiteo, an indigenous oil firm, made the headlines penultimate week; basking in the euphoria of its new status as the biggest Nigerian- owned oil firm in terms of production, hitherto known by many as the petroleum product trading firm, it announced the production of the largest share of the 313,602 barrels per day output from indigenous companies. The firm’s management cannot…

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Vigilantes beat man to death with charms

A 28-year-old businessman, Tayo Olatunbosun, has been allegedly killed by two members of Vigilante Service of Nigeria (VSN) at Adiyan, a community in Ifo Local Government Area of Ogun State. The vigilantes, identified as Ismaila Jimoh and Hassan Olatunde, have been arrested by the police. The suspects were said to have nabbed Olatunbosun, who was selling phones and laptops, in the Adiyan area on Saturday for allegedly stealing a hair dryer. The vigilantes reportedly beat Olatunbosun with charms and later took him to the Agbado Police Station about 10 p.m….

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Curbing inter-security forces violent clashes

Last week, a soldier and three anti-riot policemen reportedly died during a shootout between members of the two security forces. Several others on both sides received gunshot wounds in the encounter that took place in Damaturu, the Yobe State capital. Some of the critically injured were said to be battling for life at the General Sani Abacha Hospital in Damaturu. Several civilians were hit by stray bullets in the clash which lasted over an hour. Residents said it was not the first the two had been engaged in clashes. According…

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Hospital light’s disconnection endangers premature babies’ lives –Residents

Residents of Shomolu in Shomolu Local Government Area of Lagos State have criticised the Ikeja Electricity Distribution Company (IKEDC) for what they described as illegal disconnection of electricity at the community’s General Hospital. According to them, the action has created difficulty not only for patients but also other members of the community. In a letter of complaint addressed to the electricity company and copies sent to Governor Akinwunmi Ambode, the state House of Assembly and the Local Government, the community berated the company for charging the hospital arbitrary fees. The…

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