June 28, 2024 – Page 5 – Tamfis Nigeria Limited

Politics tamfitronics A Federal High Court sitting in Abuja has adjourned the arraignment of the immediate past Governor of Kogi State, Yahaya Bello, till July 17, 2024.Bello is facing a 19-count charge bordering on money laundering, breach of trust and misappropriation of public funds to the tune of about N80.2 billion preferred against him by the Economic and Financial Crimes Commission (EFCC).At the court on Thursday, Bello’s lawyer, Adeola Adedipe (SAN), applied to withdraw his appearance for for the former Kogi governor.Earlier, Adedipe brought the court’s attention to an application before the Chief Judge for transfer of charge no: FHC/ABJ/CR/98/2024 to the Federal High Court, Lokoja, pursuant to Section 45 of the Federal High Court Establishment Act.He said the prosecution had been notified and their opinion had been sought via a letter dated June 14,...

Politics tamfitronics The Nigerian Senate has passed the 2023 supplementary appropriation bill, extending its implementation to December 31, 2024.The passage of the bill, sponsored by Senate Leader Michael Bamidele Opeyemi, allows for the implementation of the 2023 supplementary budget to run concurrently with the 2024 budget, which stands at N28.78 trillion.The emergency plenary session was presided over by Senate President Godswill Obot Akpabio.Akpabio believes the extension will enable the executive to complete all abandoned projects, ensuring their timely completion.President Bola Tinubu had sought the approval of the Senate for the extension of the 2023 capital component of the Appropriation Act and the Supplementary Appropriation Act until December 31. The controversy surrounds the N21.8 trillion budget inherited from former President Muhammadu Buhari, which suffered during the transition period. It is understood that many projects in the...