Headlines
French agency collaborates with NPA over modernisation of port infrastructure
A high-level team from AFD and the Lagos Metropolitan Area Transport Authority (LAMATA) met with the Management of NPA on Thursday, to hold discussions regarding credit support for Port infrastructure development, among other critical transport assets in the State.
Acting Managing Director, Muhammed Bello -Koko, told his guests that the Authority welcomes every support to retool and upgrade Port infrastructure in Nigeria to world-class status.
Koko informed the AFD delegation that he recently led a meeting between the Authority, the Federal Ministry of Transportation and Terminal Operators, where discussions centered on ways of funding Port renewal projects, especially at the Lagos Ports Complex i(LPC) in Apapa and the Tin-Can Island Ports Complex (TICP), which is nearing its useful life.
The AFD team, led by David Margonsztern, disclosed that his agency operates a credit facility agreement with the Lagos State Government and his team is currently carrying out an Implementation Support Mission on Lagos State Strategic Transport Master Plan (LSTMP).
The AFD, he said, intends to partner with the Authority on infrastructure expansion and modernization programs in Lagos State, especially the development of facilities like truck parks and improvement of access corridors to the port, for the benefit of residents and businesses in Lagos as well as the Nigerian economy generally.
The NPA MD while commending the joint team from AFD and LAMATA for the visit, assured that the Authority would continue to embrace relations and actions that would position the Port system in Nigeria on the path of sustainable growth.
Headlines
EFCC denies disobeying court order on Yahaya Bello
The Eyewitness Reporter
The Economic and Financial Crimes Commission(EFCC) has denied the widely held claim that it flouted a court order restraining it from arresting or harassing Yahaya Bello, the former Governor of Kogi State.
In a Press Statement signed by the EFCC’s Acting Director of Public Affairs, Mr. Wilson Uwujaren, the Commission clearly pointed out that though Bello sought refuge in a fundamental rights enforcement action through an order granted by Justice Isa Jamil Abdulallahi of the Kogi State High Court, the order did not vitiate or nullify an order made by the Federal High Court for the arrest of the former governor for the purpose of his arraignment.“The enrolled Order of the Kogi State High Court only granted an order to enforce Bello’s right to personal liberty and freedom of movement, it didn’t preclude the Federal High Court ‘to make any Order as it may deem just in the determination of the rights of the Applicant and the Respondent as may be submitted to her for consideration and determination”, he said.
He further stressed that “The Order made by the Federal High Court for the arrest of Mr. Yahaya Bello for the purpose of his arraignment is not in conflict with the Order of the Kogi State High Court.
“The case before the Federal High Court is a criminal charge which is different from the fundamental rights enforcement action that is the subject of an appeal”.
Uwujaren pointed out that the EFCC had a shining track record in the prosecution of politically exposed persons and would continue to exercise its mandate in the overall interest of the nation.
” He admonished Bello to turn himself in and answer to the charges preferred against him by the Commission.
He called on all patriotic Nigerians to lend their voices in support of the Commission stressing that ” the EFCC will not relent in its quest to wrestle corruption to the ground”
Economy
CBN sells $15.830m at N1.021 per dollar to 1,583 BDCs
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