Business
Court Judgment: FG To Spend N5 On Debts Accrued In 2013
In the past years, the Federal Government incurred debts to the tune of N5bn from court judgements against its Ministries, Departments, and Agencies.
The Government will as a result spend a whooping sum of N5bn to upset the debts in 2013.
Investigations have revealed that the N5bn has already been captured in the 2013 Appropriation Act passed by the National Assembly.
Although the act is yet to be presented to the President who is expected to frown at the development he should be aware of.
It is not a hidden fact that on many occasions, the Federal Government and its Agencies and Ministries had been ordered by courts to pay damages and outstanding debts to plaintiffs.
Recalling some of such moments in 2010, a Maiduguri High Court sanctioned the Federal Government, Borno State Government, and the Nigeria Police Force, compelling them to pay N100m compensation to the family of the late Alhaji Baa Fagu and so many other similar cases. In 2009, the Federal Government was ordered to pay the sum of N150m to Bulet International Limited for illegally demolishing its property, a demolition, which was done by the Federal Capital Territory Development Authority (FCDA).
Again, in May 2012 the Federal Government was asked to pay Messrs Esquire Ventures Limited the sum of N148m as money owed the contractor.
Yet again, in May 2012, the Nigerian Police Force (NPF) was ordered by an Abuja court to pay the sum of N152m for killing Mrs. Doris Okere, a nursing mother.
The above mentioned cases and many more too numerous to mention have accumulated up to N5bn the Federal Government is to spend for settlement of debts in 2013, and captured in the 2013 Appropriation Act.
Business
Kenyan Runners Dominate Berlin Marathons
Kenya made it a clean sweep at the Berlin Marathon with Sabastian Sawe winning the men’s race and Rosemary Wanjiru triumphing in the women’s.
Sawe finished in two hours, two minutes and 16 seconds to make it three wins in his first three marathons.
The 30-year-old, who was victorious at this year’s London Marathon, set a sizzling pace as he left the field behind and ran much of the race surrounded only by his pacesetters.
Japan’s Akasaki Akira came second after a powerful latter half of the race, finishing almost four minutes behind Sawe, while Ethiopia’s Chimdessa Debele followed in third.
“I did my best and I am happy for this performance,” said Sawe.
“I am so happy for this year. I felt well but you cannot change the weather. Next year will be better.”
Sawe had Kelvin Kiptum’s 2023 world record of 2:00:35 in his sights when he reached halfway in 1:00:12, but faded towards the end.
In the women’s race, Wanjiru sped away from the lead pack after 25 kilometers before finishing in 2:21:05.
Ethiopia’s Dera Dida followed three seconds behind Wanjiru, with Azmera Gebru, also of Ethiopia, coming third in 2:21:29.
Wanjiru’s time was 12 minutes slower than compatriot Ruth Chepng’etich’s world record of 2:09:56, which she set in Chicago in 2024.
Business
NIS Ends Decentralised Passport Production After 62 Years
Business
FG To Roll Out Digital Public Infrastructure, Data Exchange, Next Year
-
Sports4 days ago
CAFCL : Rivers United Arrives DR Congo
-
Sports4 days ago
FIFA rankings: S’Eagles drop Position, remain sixth in Africa
-
Sports4 days ago
NPFL club name Iorfa new GM
-
Sports4 days ago
NNL abolishes playoffs for NPFL promotion
-
Sports5 days ago
NSF: Early preparations begin for 2026 National Sports Festival
-
Sports5 days ago
Kwara Hopeful To Host Confed Cup in Ilorin
-
Sports5 days ago
RSG Award Renovation Work At Yakubu Gowon Stadium
-
Politics4 days ago
Rivers Assembly Resumes Sitting After Six-Month Suspension