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Effective Water Transportation’ll Boost Vision 20:2020’bbi State
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: CBN

                            : CBNThe Central Bank of Nigeria (CBN) has disclosed that more than fourhundred companies have so far benefited from the two hundred billion nairaintervention fund for re-financing and resuscitation of the manufacturingsector out of this, one hundred and ninety eight billion naira has beendisbursed.The…

Effective Water Transportation’ll Boost Vision 20:2020’bbi State

‘Effective Water Transportation’ll Boost Vision 20:2020’ By Charles AjunwaAnambra State governor, Mr. Peter Obi, has said that efficient inland water transportation is necessary in the transformation of the national economy to actualise Vision 20:2020. In a statement signed by his Special Assistant on Media, Mr.…

Title: EFCC

                            Title: EFCCThe Economic and Financial Crimes Commission has invited three moresuspects in the alleged sixty-one point six-three billion nara fraudrocking the Ondo State Oil Producing area Development Commission(OSOPAPDEC).The commission said it has moved all the fifteen exotic vehicles retrievedfrom OSOPADEC’S chairman Mr. Debo…

World Bank

   World BankThe African Union (AU) has thrown its weight behind Nigeria’s coordinatingminister of the economy and minister of finance Dr. Ngozi Okonjo-Iweal forthe soon-to-be vacant presidency of world bank.Reports say prime minister of Ethiopia Meles Zenawi, the chairperson ofthe African union commission dr. Jean…

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Breaking News: Supreme Court Voids Tenure Extension for Five Governors

Culled from Thisday Newspaper

27 Jan 2012

 

Sacked-Governors.jpg-Sacked-Governors.jpg

The five state governors

 

 The Supreme Court friday held that the the tenure of five state governors namely Alhaji Ibrahim Idris (Kogi), Aliyu Wammako (Sokoto), Murtala Nyako (Adamawa), Liyel  Imoke (Cross River) and Timipre Sylva (Bayelsa) ended May 2011.


A seven-man panel of justices led by the Chief Justice of Nigeria, Justice Dahiru Musdapher unanimously agreed that the governors were not entitled to stay beyond May 29, 20011.


The court further held that  the intention of the lawmakers was that no governor should spend more than four years tenure in office except he was re-elected for another four years.

 

Justice Walter Samuel Onnoghen who read the lead judgment held that to allow the governors to spend more than four years would lead to absurdity.


He also said that such an interpretation was against common sense.

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