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Investment Tribunal Resolves N1 Trillion In Securities Disputes, Boosts Investor Confidence

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Investment Tribunal Resolves N1 Trillion In Securities Disputes, Boosts Investor ConfidenceThe Investment and Securities Tribunal (IST) has resolved capital market disputes valued at nearly N1 trillion since its inception in 2003, according to Mr. Amos Azi, the tribunal’s chairman. Speaking to journalists, Azi emphasized the tribunal’s significant role in enhancing investor confidence through the amicable resolution of capital market disagreements.....KINDLY READ THE FULL STORY HERE▶

Azi highlighted the tribunal’s efficiency, stating, “Since the inception of the Investment and Securities Tribunal (IST) in the year 2003, we have been able to resolve disputes from transactions in the capital market to the tune of almost a trillion Naira. In the last year alone, we have resolved disputes valued at N17 billion.”

He also praised the tribunal’s judicial efficacy, noting that its judgments are rarely overturned on appeal. “The courts have made tremendous progress, especially in providing judgments on disputes. Our decisions are seldom overturned at the Appellate Court,” Azi said.

The IST distinguishes itself within Nigeria’s judiciary by resolving cases within three months, in contrast to other courts where cases often remain pending for years, adversely affecting business operations. Azi underscored the tribunal’s commitment to swift justice, which is crucial for maintaining a healthy investment climate.

In its quest for efficiency, the IST has modernized its processes, enabling aggrieved parties to electronically file suits from any part of the world. This digital transformation ensures prompt attention to cases, aligning with the tribunal’s goal of quick and fair resolutions.

Mr. Emmanuel Chukwuorji, the Director of Planning, Research, and Statistics, also noted the tribunal’s impact, stating that over 300 cases have been resolved since its inception. “The IST is a creation of the Capital Markets Committee, and over the years, we have added significant value to the development of the Nigerian capital market. Our judgments are thorough and rarely overturned, which enhances investor confidence,” Chukwuorji added.

The IST’s efforts have not only resolved high-value disputes but also reinforced the legal framework supporting Nigeria’s capital market, making it more attractive to investors by ensuring that disputes are handled efficiently and judiciously.

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Tinubu Fires Back! President Orders ICPC To Hunt Down Architects Of PFIPC Deception.

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U.S.-based lobbyist Von Batten-Montague-York is urging President Donald Trump and the U.S. Congress to investigate potential fraud involving the Presidential Foreign Intervention Promotion Council (PFIPC) and senior officials in Nigeria’s Tinubu administration. The lobbyist alleges a conspiracy to divert U.S.-linked funding, specifically targeting Chief of Staff Femi Gbajabiamila, who has consistently denied any link to the council or its director, Adeniyi Adeyemi. This push for scrutiny is bolstered by the suspicious ₦1.3 billion allocation the “fictitious” agency received in the 2026 national budget. Amid these claims, attention has also resurfaced regarding Gbajabiamila’s past 2007 suspension by the Georgia Supreme Court for professional misconduct regarding client funds. While the Nigerian Presidency labels the PFIPC a fraud and is prosecuting Adeyemi for forgery, the mystery remains as to how the entity secured legislative and executive approval for its budget allocation.....KINDLY READ THE FULL STORY HERE▶

The controversy surrounding the alleged “ghost agency,” the PFIPC, has reached U.S. soil as a lobbyist pushes for American authorities to probe high-ranking Nigerian officials. Von Batten-Montague-York claims that senior figures in the Tinubu government may have used the disputed council to illegally secure or divert international funding. Despite Femi Gbajabiamila’s strong denials of involvement, his past disciplinary record in the U.S. has become a focal point of the lobbyist’s demands. Meanwhile, Adeniyi Adeyemi—currently facing criminal charges for forgery and impersonation—has further complicated the narrative by questioning how the council received a ₦1.3 billion budget allocation while he was in police detention, suggesting that others within the government must have facilitated the agency’s inclusion in the 2026 Appropriation Act.

Option 3: Concise Summary U.S. lobbyist Von Batten-Montague-York has petitioned the Trump administration and Congress to investigate Nigerian officials over the PFIPC scandal, citing allegations of a conspiracy to defraud the United States. The report highlights the suspicious ₦1.3 billion budget allocation for the agency, which the Nigerian Presidency officially disowns as a fraudulent creation of Adeniyi Adeyemi. Adeyemi, however, denies involvement in the budget process and challenges the government to explain how the “fictitious” entity bypassed legislative and executive scrutiny. The situation has also invited renewed scrutiny of Chief of Staff Femi Gbajabiamila’s history, referencing his 2007 legal practice suspension in Georgia as part of the broader controversy.

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Show Us The Proof! Retired Sergeant Challenges Defence Minister In Shocking Payout Claims.

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Military veterans have expressed strong dissatisfaction with the Federal Government’s decision to increase the minimum monthly salary for soldiers to ₦100,000, calling the amount insufficient given the current economic climate. In interviews with Punch, veterans argued that significantly higher pay is essential to boost troop morale and performance. This follows an announcement by Minister of Defence Christopher Musa, who stated the pay had been raised from ₦49,000 to ₦100,000. However, some retirees, such as Abdul Isiak, noted that this increase fails to cover basic family needs. Furthermore, retired Sergeant Zaki Williams openly questioned the accuracy of the minister’s statement, labeling the ₦100,000 figure as both potentially untrue and inadequate for the risks soldiers endure.....KINDLY READ THE FULL STORY HERE▶

A wave of criticism has emerged from retired military personnel regarding the government’s reported salary hike for soldiers. While Minister of Defence Christopher Musa disclosed an increase to ₦100,000, veterans argue that the sum is largely inadequate to address Nigeria’s rising cost of living. Retired Sergeant Zaki Williams went as far as to doubt the claim entirely, describing the ₦100,000 figure as a “lie” and an insulting offer for those serving in difficult conditions. Veterans emphasize that if the government hopes to see improved performance and dedication from troops, it must prioritize genuine welfare improvements rather than what they perceive as token increases.

Option 3: Concise Summary Veterans are pushing back against the government’s announcement of a new ₦100,000 minimum monthly salary for soldiers. Minister of Defence Christopher Musa recently confirmed the adjustment from ₦49,000, but retired personnel remain unimpressed. Many argue that the new amount is insufficient for today’s economic realities and that better remuneration is critical for maintaining high morale. Expressing frustration, retired Sergeant Zaki Williams questioned the reality of the payout, dismissing the ₦100,000 figure as unrealistic and far below what is deserved for the challenges and sacrifices faced by military personnel.

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CRISIS IN THE CAMP: Ex-Obi Coordinator Demands Truth Behind Controversial PFIPC Scandal!.

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Ifeanyi Thaddeus Ezeagu, a former coordinator for Peter Obi’s 2023 presidential campaign, has demanded a transparent and independent probe into the controversy surrounding the alleged Presidential Foreign Intervention Promotion Council (PFIPC). Ezeagu noted that this scandal reveals significant vulnerabilities in Nigeria’s accountability systems and public administration.....KINDLY READ THE FULL STORY HERE▶

  • Need for Public Accountability: He argued that Nigerians are owed an explanation regarding how a potentially non-existent agency secured official recognition, office space, and budgetary allocations.

  • Support for Investigation: While Ezeagu welcomed President Tinubu’s 30-day investigative directive to the ICPC, he stressed that the inquiry must be impartial and free from political interference.

  • Scope of the Probe: He stated the investigation should uncover institutional failures and potential collaborators, rather than just focusing on individuals directly linked to the issue.

  • Institutional Reforms: Ezeagu advocated for stronger internal controls, enhanced verification procedures across government departments, and the digitization of institutional records to prevent similar fraud in the future.

  • Call for Transparency: He urged the ICPC and the National Assembly to collaborate on a credible investigation, emphasizing that full disclosure of findings is necessary to restore public confidence in governance.

Ezeagu concluded that this controversy should serve as a catalyst for the government to reinforce transparency and accountability, asserting that public trust is essential for rebuilding governance and attracting investment.

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