News
SWF: States, FG Know Fate Nov
The Supreme Court yesterday fixed Nov. 21 for the federal
and state governments to brief it on the out-of-court settlement option over
the one billion dollars (N5.5 trillion) Sovereign Wealth Funds controversy.
Justice Christopher Chukwuma-Ene gave the date after parties
had briefed the court on the latest steps toward amicable settlement of the matter.
“The court shall for the last time indulge parties with the
application for adjournment filed by the defendant.
“This matter is, therefore, adjourned to Nov. 21 for parties
to brief the court on the finality of the settlement option.
“The court shall, however, commence hearing of the case if
agreement was not reached on that date,’’ he said.
Earlier, counsel to the defendant (Federal Government), Mr
Austin Alegeh (SAN), said his client
required a short adjournment to understudy the fresh proposal for a new term of
settlement issued to it by the plaintiffs (36 states).
“We need to study the new proposal because it contains fresh
items that need to be investigated. We are praying that agreement could be
reached because my client is amenable to the out-of-court settlement,’’ he
said.
Counsel to the states, Chief Andrew Awomolo (SAN), however, urged the court to make the
adjournment the last one on the matter.
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RSG INAUGURATES ARMED FORCES REMEMBRANCE DAY COMMITTEE
The Rivers State Government has inaugurated a Central Planning Committee to organize the celebration of the 2026 Armed Forces Remembrance Day (AFRD) in the State.
The committee was formally inaugurated by the Secretary to the State Government, Dr. Benibo Anabraba in Port Harcourt, last Thursday.
Dr Anabraba who also serves as Chairman of the Committee
highlighted the State Government’s deep appreciation for the sacrifices of Nigeria’s fallen heroes who laid down their lives for the nation’s peace and unity.
“These heroes have given their lives for the security and peace of our nation and deserve to be celebrated. The Armed Forces Remembrance Day is an opportunity to show our gratitude for their sacrifice,” he said.
Dr. Anabraba further extended recognition to all Security Agencies in the State, emphasizing the importance of the event in appreciating their contributions to national security and sovereignty.
The annual Armed Forces Remembrance Day, observed on January 15 across the country is dedicated to remember Nigeria’s departed soldiers and honouring the nation’s veterans.
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