Contracts

October 15, 2017

NNPC did not award contracts worth $25bn – Presidency

The Presidency has dismissed reports that the Nigerian National Petroleum Corporation (NNPC) awarded contracts worth $25bn or that the same amount is missing. What happened: Minister of State for Petroleum, Ibe Kachikwu had written a memo to President Muhammadu Buhari, where he accused Baru of $25bn contract scam. Kachikwu also accused the NNPC boss of insubordination and sidelining him from important... Read More

$25bn, Award, Contracts, Ibe Kachikwu, nnpc, Presidency

October 13, 2017

What Osinbajo approved for NNPC weren’t contracts | Yet another ‘clarification’ by the presidency (READ)

The Presidency has also dismissed reports that the Vice President Yemi Osinbajo approved contracts for the Nigerian National Petroleum Corporation (NNPC). Osinbajo on Thursday had said he only approved loans for the NNPC joint venture financing with the IOCs. The NNPC had earlier said the Vice President approved the contracts while President Muhammadu Buhari was... Read More

approve, Contracts, loans, nnpc, Yemi Osinbajo

October 12, 2017

BREAKING: I approved NNPC joint venture contracts – Osinbajo

Vice President Yemi Osinbajo has said he approved contracts of the Nigeria National Petroleum Corporation (NNPC) while he was acting President. Background: Minister of State for Petroleum, Ibe Kachikwu had written a memo to President Muhammadu Buhari, where he accused Baru of $26bn contract scam. Kachikwu also accused the NNPC boss of insubordination and sidelining him from important decisions. Following... Read More

Contracts, Ibe Kachikwu, Maikanti Baru, nnpc, Yemi Osinbajo

October 12, 2017

Awarding contracts without Kachikwu is illegal | Falana tells NNPC boss Baru

Human Rights lawyer, Femi Falana has said Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Maikanti Baru was wrong to have ‘unilaterally’ awarded contracts without the Minister of State for Petroleum Resources. Background: Minister of State for Petroleum, Ibe Kachikwu had written a memo to President Muhammadu Buhari, where he accused Baru of $25bn contract scam.... Read More

award of awards, Contracts, femi falana, Ibe Kachikwu, Maikanti Baru, nnpc

Opinion: Neymar’s world record transfer and the importance of release clauses

By Izuchukwu Okafor There’s a thin line between contractual obligation and forced labour and releases clauses in LA Liga which has roots in Spanish labour laws really help in making this line defined. Firstly, a release clause in a player’s contract indicates that subject to agreed conditions (e.g from a particular transfer window or non-participation... Read More

barcelona, Buy out fees, Contracts, football, la liga, neymar, Neymar's world record transfer deal, opinion, Paris Saint-Germaine, psg, soccer

[The Alausa Blog]: Ambode orders contractors to speed up work on new model colleges

Lagos State Governor, Mr. Akinwunmi Ambode on Tuesday ordered contractors working on the ongoing construction of new model colleges across the State to speed up work and deliver on schedule. The Governor spoke after an extensive inspection of work in the three new model colleges in Angus Memorial High School, Shomolu; Lagos City Senior College, Yaba; and... Read More

Awori, Contracts, Governor Ambode, Herbert Macaulay, Model colleges, Shomolu, Yaba

Grass-cutting scandal: I have no powers to award contracts – SGF

by Dolapo Adelana The Secretary to the Government of the Federation, Babachir Lawal, says he does not have the power to award contracts. Lawal said this in statement on Friday while reacting to accusations by the Senate ad hoc committee investigating the humanitarian crisis in the north-east that he awarded contracts to 20 “ghost companies” through the... Read More

Babachir Lawal, BBP, Contracts, Grass-cutting scandal, PINE, SGF. Bolaji Adebiyi, Shehu Sani

January 30, 2017

Backstory: Minister Fashola is no saint, the corruption scandals trailing his office are proof

Sometime ago, while most got excited over the appointment of former Lagos state governor, Babatunde Fashola as the Minister of Power, Works and Housing, the PDP tried to convince us that there was nothing special about the man, Fashola. They said he relied heavily on propaganda while he was governor and would fail as minister.... Read More

Featured, Thinking Through

babatunde Fashola, BPP, Buhari, Contracts, lagos governor, Minister Fashola, Minister for Power, PDP, Works and Housing

December 14, 2016

BREAKING: Senate wants SGF prosecuted over North East contracts fraud

Some senators on Wednesday demanded the prosecution of the Secretary to the Government of the Federation, Babachir Lawal. Lawal allegedly owns one of the companies awarded contracts in the rehabilitation of the North-East. It was gathered that Lawal resigned from the directorship of the company in September 2016 but was still a signatory to the... Read More

Babachir Lawal, Contracts, northeast, senate, SGF

November 11, 2016

FG won’t revoke power sector privatisation – Fashola

The Federal Government says it will not revoke the privatisation of the power sector. Minister for Power, Works and Housing Babatunde Fashola (SAN) stated this on Thursday while speaking at the Fifth European Union (EU)-Nigeria Business Forum at Eko Hotel, Victoria Island, Lagos. The two-day event with the theme: “Harnessing Nigeria’s Potential for Economic Growth”,... Read More

babatunde Fashola, Contracts, Federal Government, infrastructure, Power sector, privatisation

Morning Devotion: Defections in PDP, the police is not your friend & artists and contracts

Joachim MacEbong discusses the current defection of PDP members to the ruling party APC, Police not exactly being one’s friend contrary to popular belief and the problem with artistes wanting to leave before their contracts expires. Take a listen. https://soundcloud.com/ynaijaonline/morning-devotion-episode-17

Featured, The News Blog

APC, artistes, Contracts, defection, joachim macebong, morning devotion, PDP, police

“The attack truly happened” | Ijaw leader confirms Niger Delta Avengers blew up Chevron’s Escravos pipeline

This morning, we tracked on our daily guide, The Big 5 the claims by militant group, the Niger Delta Avengers that they had blown up Chevron’s Escravos tank farm main electricity pipeline. We couldn’t independently verify and calls put to Chevron’s spokesperson in Nigeria are yet unanswered. However, now, other sources have confirmed the news. The... Read More

Chevron, Contracts, Militants, Niger Delta, Niger Delta Avengers, Oil, pipeline, reuters

Opinion: If you’re a start-up, here are 10 legal tips for you

It is no news, startups are springing up in Nigeria faster than we can say “Jack Robinson”. The entrepreneurial power, wealth and opportunities in Nigeria are so enormous, the sky is big enough for everyone to fly and that’s why international companies are breaking legs just to get a foot in. Having a startup goes... Read More

Business, Contracts, protection, start-up. legal. advice, Tech

September 7, 2014

“I will probe Fayemi after my inauguration” || Ekiti Governor-elect, Fayose means business

by Azubuike Azikiwe Ayo Fayose, Ekiti State Governor-elect, has declared his intention to investigate all last minute contracts, payments and appointments made by the outgoing governor, Kayode Fayemi. In a series of Tweets on his Twitter handle during the week, he said he would look into the outgoing Governor’s recent employment spree, while also reiterating his... Read More

APC, appointments, Ayo Fayose, banks, Contracts, Ekiti State, elections, Governor, investigation, Kayode Fayemi, local council development areas, payments, PDP, PROBE

November 10, 2013

Contracts, Twitter rants & all that Drama: #YNaijaInvestigates what’s really going on in Mavin Records, Chocolate City & everywhere else (Conclusion)

by Eromo Egbejule The public battle between erstwhile colleagues Don Jazzy and Wande Coal is simply the latest in a string of partnerships gone sour in NIgeria’s entertainment industry – YNaija takes a look behind the hoopla Like ixoras in harmattan, the careers of a significant number wither gradually until they dissolve into irrelevance a... Read More

Banky W, Chocolate city, Contracts, D'banj, Don Jazzy, EME, mavin, Mavin Records, Mohits, music industry, Wande Coal, wizkid, ynaijainvestigates

November 10, 2013

Contracts, Twitter rants & all that Drama: #YNaijaInvestigates what’s really going on in Mavin Records, Chocolate City & everywhere else (Part 1)

by Eromo Egbejule The public battle between erstwhile colleagues Don Jazzy and Wande Coal is simply the latest in a string of partnerships gone sour in Nigeria’s entertainment industry – YNaija takes a look behind the hoopla As Twitter bios go, that of Michael Collins, patriarch of the Mavin Records family and defunct MoHits Records... Read More

Banky W, Chocolate city, Contracts, D'banj, Don Jazzy, EME, mavin, Mavin Records, Mohits, music industry, Wande Coal, wizkid, ynaijainvestigates

November 9, 2013

YNaija Editorial: Beyond Twitter fights, contracts have to be honoured – that’s all

If you’ve paid attention to the Nigerian entertainment industry lately, it is unlikely you have missed the network of conflicts that roil it, or have over the past few weeks. Fresh off a wisely contained conflict brewing conflict between popular record label EME and artiste Wizkid (Ayodeji Balogun), the gloves appear to have come off.... Read More

Audu Maikori, Brymo, Chocolate city, Contracts, Don Jazzy, EME, football, iroko partners, Jason Njoku, lawsuits, mentee, Mi, signatures, Wande Coal, wizkid

“I am an intellectual, I don’t do contracts” – Reuben Abati introduces #TheRealAbati (TWEETS)

by Hauwa Gambo We should let these tweets (posted barely 20 minutes ago) speak for themselves, really. #TheRealAbati channels: follow me @abati1990, like me on Fb on.fb.me/10GIrCg & Web reubenabati.com.ng #KindlyRT @rosanwo — Reuben Abati (@abati1990) April 16, 2013 #TheRealAbati is an intellectual; does not do contracts & does not invite people to see the... Read More

Aso Rock, Contracts, reuben abati

February 29, 2012

Gas Pipelines: FG awards $2.5billion contracts

by Lekan Olanrewaju In line with its policy on gas monetization, the Federal Government has laid out the Gas Master Plan, GMP, awarding over $2.5bn contracts for various gas pipeline projects in the country. This announcement was made at the just-concluded Nigeria Oil and Gas, NOG 2012 international conference and exhibition. According to Dr David Ige, the... Read More

Contracts, Federal Government, Gas, Power

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