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Citgo Convictions: US Sanctions Venezuelan Judge, Prosecutor

December 31, 2020December 31, 2020 - by Editor - Leave a Comment

By Agencies Abuja (Precise Post) – The Venezuelan judge and prosecutor behind the conviction on corruption charges of six American oil executives have been sanctioned by President Donald Trump’s administration. The Trump administration has imposed sanctions on the Venezuelan judge and prosecutor behind the conviction on corruption charges of six American oil executives. The six employees of Houston-based Citgo were lured to Caracas just before Thanksgiving in 2017 on the pretense of attending a business meeting. Once there, they were hauled away from the headquarters of Citgo’s parent company, state-run oil company PDVSA, by heavily armed, masked security forces, accused of promoting a never-executed proposal to refinance some $4bn in Citgo bonds by offering a 50 percent stake in the company as collateral. The men, all but one US citizens, were finally convicted last month and sentenced to between 8 and 13 years in prison. President Nicolas Maduro has accused them of “treason.” Presiding over the trial were Judge Lorena Cornielles and prosecutor Ramon Torres, who as a result of Wednesday’s action will be blocked from doing business in the …

News

FG And ASUU Cancel Meeting On Resolution Of Strike For The Second Time

December 15, 2020December 15, 2020 - by Precise Post - Leave a Comment

The resolution of the strike action between the Federal Government and the leadership of the Academic Staff Union of Universities (ASUU) was cancelled on Monday, December 14, for the second time in a row. Though no reason was given for the cancellation of the parley scheduled to discuss the union’s current strike, it was however learnt that ASUU was still consulting with its organs on the latest offer by the Federal Government to the striking university teachers. Deputy Director of Press and Public Relations in the Federal Ministry of Labour and Employment, Mr. Charles Akpan, announced the postponement in a text message. It Read; “Good morning, colleagues. Please, note that the meeting with ASUU, earlier scheduled for today (yesterday), is canceled. The inauguration of the technical committee on PMS is as scheduled.” ASUU President, Prof. Biodun Ogunyemi on his own part said the union’s leadership did not agree on any meeting with the government as consultations on both sides were still ongoing. He Said; “We never actually agreed on any meeting. What we said was due consultations, and consultations are …

News

Engineer Sule Intervenes, Direct Payment of Salaries, Pensions of LG Workers, Pensioners

November 5, 2020November 5, 2020 - by Editor - Leave a Comment

By Chris Udochukwu Abuja (Precise Post) – Governor of Nasarawa State, Engineer Abdullahi Sule, has directed for the payment of salaries and pensions of local government workers and retirees across the state, with payments expected to commence on Friday. Engineer Sule gave the directive shortly after a meeting involving local government chairmen, LG workers and pension union officials, which held at the Government House, on Thursday. Addressing the press shortly after the meeting, convened with a view to tackling concerns at the local government level, the Governor directed that workers and pensioners at the councils, be paid so that people are not left to suffer needlessly. While restating the commitment of his administration to address the issues of non payment of salaries and pensions, with presently the state government up to date in the payment of 100 percent of salaries and pensions, Engineer Sule however lamented that local government councils are lagging behind in the payment of salaries and pensions. The Governor stated that his administration has taken adequate steps to address the inability of local government areas to pay …

Politics

Buhari, Gowon, Obasanjo, other former leaders meet

October 23, 2020October 23, 2020 - by Precise Post - Leave a Comment

The President, Major General Muhammadu Buhari (retd.), is currently meeting some former Nigerian leaders. Although the agenda of the meeting is not made public, issues bothering on the current security situation in the country are believed to top the agenda. While Buhari is presiding from the Council Chamber of the Presidential Villa, Abuja, some former Nigerian leaders are participating virtually. Those participating virtually include General Yakubu Gowon (retd.); former President Olusegun Obasanjo; Gen Abdulsalami Abubakar (retd.); former President Goodluck Jonathan and Chief Ernest Shonekan. Vice President Yemi Osinbajo; National Security Adviser, Major General Babagana Monguno (retd.); Chief of Defence Staff, General Gabriel Olanisakin; Inspector-General of Police, Mohammed Adamu; Director-General, Department of State Services, Yusuf Bichi; and Director-General, National Intelligence Agency, Ahmed Rufai, among others are attending with the President.Details later… Source