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APC Group Condemns Unapproved $15 Billion Naira MOU Between Niger Delta Development Commission and US-Based Firm

A group known as G-37 has strongly criticized the Niger Delta Development Commission (NDDC) for constitutional breaches in its operations, particularly the sidelining of the Board in major procurement decisions. The group, composed of state chairmen and former members of the non-National Working Committee of the All Progressives Congress Party…

Femi Otedola’s Bid to Acquire Transcorp Rejected, Alleges Disputes with Chairman Tony Elumelu

Billionaire businessman Femi Otedola recently disclosed that his offer to purchase Nigerian conglomerate Transnational Corporation Plc (Transcorp) for N250 billion had been rejected. Otedola made these revelations in a statement to TheCable, outlining his reasons for acquiring and subsequently selling shares in Transcorp. His statements also shed light on alleged…