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Legal Green Light: Court Approves New Lawsuit Against Minister Musawa in NYSC Certificate Controversy Linked to Tinubu

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Legal Green Light: Court Approves New Lawsuit Against Minister Musawa in NYSC Certificate Controversy Linked to Tinubu

In a recent legal development that has captured the attention of both political enthusiasts and legal experts, a New York court has given its seal of approval to a new lawsuit against Minister Musawa, a prominent political figure, in the ongoing NYSC (National Youth Service Corps) certificate controversy.

This saga has been closely linked to the influential Nigerian politician, Asiwaju Bola Tinubu, adding an intriguing layer to an already complex legal battle.

The controversy surrounding Minister Musawa’s NYSC certificate has been a hot-button issue in Nigerian politics for quite some time. Critics argue that Musawa obtained his certificate fraudulently, claiming that he never participated in the mandatory one-year national service required by the NYSC. Given his influential political position, this issue has raised serious questions about accountability and integrity in Nigerian politics.

The decision by a New York court to allow this lawsuit to proceed is a significant milestone in the pursuit of justice. It underscores the importance of the rule of law, even when it pertains to individuals holding high office. The court’s willingness to hear the case demonstrates that no one is above the law, regardless of their political stature.

The link between Minister Musawa and Asiwaju Bola Tinubu adds a layer of political intrigue to the controversy. Tinubu, a former governor of Lagos State and a key player in Nigerian politics, is known for his ability to influence political outcomes. His association with Musawa in this matter has fueled speculation about the broader political implications of the NYSC certificate controversy. Some suggest that this lawsuit might have implications for Tinubu’s political ambitions, especially if it uncovers any wrongdoings.

 

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The legal process ahead promises to be a complex and lengthy one. Both sides will present their arguments, and evidence will be scrutinized to determine the validity of the claims against Minister Musawa. Regardless of the outcome, this case serves as a reminder that the legal system can be a potent tool for holding public officials accountable.

Beyond the legal aspects, this case also highlights the importance of transparency and integrity in Nigerian politics. The public’s demand for accountability and adherence to the law is growing stronger, and politicians are increasingly being held to higher standards. This lawsuit serves as a symbol of the changing landscape of Nigerian politics, where the people are demanding more from their elected representatives.

In conclusion, the court’s approval of the new lawsuit against Minister Musawa in the NYSC certificate controversy is a significant development in Nigerian politics. It reflects the commitment to upholding the rule of law and demonstrates that no one, regardless of their political connections, is above accountability.

As this legal battle unfolds, it will be closely watched by those invested in the future of Nigerian politics, as it has the potential to reshape the political landscape and set new standards for transparency and integrity in public office.

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Breaking: MTN Nigeria forfeits shareholder funds after suffering N740 billion in foreign exchange losses.

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Breaking: MTN Nigeria forfeits shareholder funds after suffering N740 billion in foreign exchange losses.

Breaking: MTN Nigeria forfeits shareholder funds after suffering N740 billion in foreign exchange losses.

MTN Nigeria Plc has reported a loss before tax of N177.8 billion compared to a pre-tax profit of N518.8 billion a year earlier. The losses resulted in a wipeout of shareholders’ funds.

The company attributed the losses to a massive foreign currency loss of N740 billion up from N81 billion reported in 2022.

This is the company’s first-ever loss since it became a quoted company in Nigeria.

Key Highlights

Total subscribers increased by 5.3% to 79.7 million
Active data users increased by 12.7% to 44.6 million
Active mobile money (MoMo PSB) wallets increased by 163.2% to 5.3 million
Service revenue increased by 22.4% to N2.5 trillion
Earnings before interest, tax, depreciation and amortisation (EBITDA) grew by 12.3% to N1.2 trillion
EBITDA margin decreased by 4.5 percentage points (pp) to 48.7%
Loss after tax was N137.0 billion due to net forex loss
Profit after tax (PAT) adjusted for the net forex loss decreased by 14.3% to N344.5 billion
Earnings per share (EPS) declined to negative N6.38 kobo (N16.56 kobo adjusted for the net forex loss, down 14.1%)
Net loss for the year has resulted in a depletion of our retained earnings and shareholders’ fund to negative N208.0 billion and N40.8 billion, respectively
Company Commentary: “2023 witnessed a very challenging operating environment characterised by rising inflation, currency devaluation and foreign exchange shortages, complicated by geopolitical disruptions and cash shortages in Q1 arising from a redesign of the naira.

These factors created severe MTN Nigeria Communications Plc Audited results for the year ended 31 December 2023 2 | Page headwinds for our customers and our business during the year. The inflation rate increased throughout the year, reaching 28.9% in December 2023 – the highest reading in 18 years – with an average rate of 24.5%.

This was further exacerbated by higher fuel prices, arising from the removal of the fuel subsidy in May 2023, with the average prices of diesel and petrol up by 66.4% and 257.1% in 2023 to N1,416.8/litre and N600/litre, respectively. In June 2023, the Central Bank of Nigeria (CBN) adopted a more liberal foreign exchange management system and reintroduced the ‘willing buyer, willing seller’ model.

This has resulted in a 96.7% unfavourable movement in the exchange rate against the US dollar from N461.1/US$ in December 2022 to N907.1/US$ (Nigerian Autonomous Foreign Exchange Market (NAFEM) rate) in December 2023. This development contributed meaningfully to the upward pressure on the cost of doing business in Nigeria, and for MTN Nigeria in particular, significantly increased the costs in relation to our tower leases.”

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BREAKING: “No more Emilokan”—Ibadan residents protest hardship under Tinubu 

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BREAKING: “No more Emilokan"—Ibadan residents protest hardship under Tinubu 

BREAKING: “No more Emilokan”—Ibadan residents protest hardship under Tinubu

Some Nigerians in Ibadan, Oyo State, are currently protesting the high cost of living, food inflation, and economic hardship under President Bola Tinubu administration.

Recall that Nigerians have continued to face various degrees of economic hardship since President Tinubu announced the removal of the petrol subsidy on May 29, 2023.

The protest, which was staged in the Mokola area of Ibadan, had some placard-carrying youths in their numbers chanting songs to drive home their points.

Some of the placards have inscriptions such as ‘No more Emilokan’, ‘End food hike and inflation’, ‘The poor are starving’, ‘Tinubu, don’t forget your promises’, amongst others.

Armed policemen were seen at the protest scene even as demonstrators held the peaceful rally against the economic hardship in the land occasioned by the removal of petrol subsidies and the unification of the foreign exchange windows.

The police had warned that no breach of peace would be allowed during any protest in the state.

The protest in Oyo followed others in Kano and Minna, among others, over the economic hardship occasioned by petrol subsidy removal, food inflation, and the high cost of living.

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A helicopter carrying Herbert Wigwe and five others crashes on the California-Nevada Border

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Wigwe: Family releases burial rights, excludes RCCG City of David

A helicopter carrying Herbert Wigwe and five others crashes on the California-Nevada Border

A helicopter carrying Herbert Wigwe, Group Managing Director and Chief Executive Officer of Access Holding, and five other people crashed near the California-Nevada border.

No official confirmation has been made from the bank holding company.

However, sources with knowledge of the matter confirm that Herbert Wigwe was on board the helicopter but cannot confirm if he is dead or if there were survivors.

Also on board were his wife and son. Nairametrics also understands that business mogul Abimbola Ogunbajo was also on board the flight.

However, the United States National Transport Safety Board (NTSB) is still investigating the crash, as authorities have yet to access the crash site.

The NTSB also tweeted

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