Plot to Take Over Nestoil/Neconde’s Interest in OML 42 Unravels
Foreign lenders, major banks join fight to overturn sweeping court orders Court halts proceedings amid NJC, Chief Judge petitions
Sunday Ehigiator
Fresh controversy has erupted
over the far-reaching orders granted by Justice Dehinde Dipeolu of the Federal High
SPECIAL REPORT Court, Lagos, which froze the bank accounts, shares, and assets
of Nestoil Limited and its affiliates in a high-stakes debt recovery suit involving unverified claims
exceeding $1.01 billion and N430 billion.
Nigeria, IMF Discuss Economic Reforms, Growth Plans for 2026–2030...
Continued on page 5
Page 5
Monday, Monday, November January10, 6, 2025 Vol Vol29. 30.No No10865. 11173. Price: N400
www.thisdaylive.com TR
UT H
& RE A S O
N
L–R: Director, Afreximbank, Mr. Stephen Kauma; Chairman, Anap Jets FZE, Mr. Atedo Peterside CON; Executive Director, Zenith Bank PLC, Dr. Adobi Nwapa; Executive Governor of Lagos State, Mr. Babajide Sanwo-Olu; Founder & Chairman, ART X Lagos, Mrs. Tokini Peterside-Schwebig; Coordinating Minister for the Economy & Finance Minister, Mr. Wale Edun; Ambassador of France to Nigeria, Mr. Marc Fonbaustier; CEO, Chapel Hill Denham, Mr. Bolaji Balogun; CEO, Stanbic IBTC Pension Managers, Mr. Olumide Oyetan, at the Opening Ceremony of the 10th Anniversary Edition of ART X Lagos at The Federal Palace Hotel, Lagos, over the weekend
Soludo in Landslide, Secures 2nd Term, Victory Reinforces Power of Incumbency
Garners 422,664 votes, close rival and APC candidate, Nicholas Ukachukwu with 99,445 Tinubu congratulates him, declares his triumph affirms his visionary leadership NGF, Abiodun, Ngige greet, task winner ADC dismisses exercise as ‘Cash-andCarry Democracy’, warns of 2027 danger Deji Elumoye, Onyebuchi Ezigbo in Abuja, Chuks Okocha in Awka, Hammed Shittu in Ilorin and James Sowole in Abeokuta In a landslide, Anambra State
Governor, Professor Chukwuma Soludo, weekend, secured his re-election for another term of four years, thus, reinforcing the power of incumbency in Nigeria’s electoral system. Continued on page 5
PDP Leadership Tussle: ANGOLA REMINDS THE WORLD OF NIGERIA’S GLORY UNDER MURTALA MUHAMMED... INEC Backs Damagum...Page 35
President of the Republic of Angola, Joao Lourenco, flanked by Mr Abba Risqua Murtala Muhammed, Son of Nigeria’s former Head of State, Late General Murtala Muhammed ,Left, and Dr Aisha Muhammed-Oyebode ,Daughter of the late Head of State; at an Award Ceremony in Honour and Recognition of the Late General's role in Securing Angola's Independence , as part of activities marking the country’s 50th Independence Anniversary, in Luanda, over the weekend.