- EFCC to auction 850 recovered vehicles
- Kemi Badenoch will soon learn her lessons, says ex-minister Akinyemi
- Trump revokes over 80 Biden’s executive actions
We have highlighted the five most important developments in the news today, Tuesday, January 21, and present them below.
5 issues in the news that should matter to you today
1. W’Bank bans two Nigerian firms, CEO over corruption: The World Bank Group has announced the 30-month debarment of two Nigerian companies, Viva Atlantic Limited and Technology House Limited, alongside their Managing Director and Chief Executive Officer, Mr Norman Didam, for fraudulent, collusive, and corrupt practices linked to the National Social Safety Nets Project in Nigeria.
In a statement issued on Monday, January 20, the World Bank disclosed that the project aimed to provide targeted financial assistance to poor and vulnerable households was compromised due to several unethical practices during a 2018 procurement and subsequent contract process.
2. EFCC to auction 850 recovered vehicles: The Economic and Financial Crimes Commission has unfolded plans to auction over 850 cars forfeited to the Federal Government across different locations in the country.
The cars, ranging from luxury vehicles to mid-range Toyota Camry, were recovered by the EFCC in the course of investigations into various financial crimes, including corruption, money laundering, and cybercrime.
3. Kemi Badenoch will soon learn her lessons, says ex-minister Akinyemi: A former Minister of External Affairs, Prof Bolaji Akinyemi, has berated the leader of Britain’s Conservative Party, Kemi Badenoch, over her latest denigration of Nigeria.
The former Director General of the Nigerian Institute of International Affairs said during an appearance on Channels Television’s Politics Today programme on Monday, January 20, that Badenoch will soon learn her lessons, adding that her stories about Nigeria are for political gains.
4. Only 100,000 POS operators registered, says CAC: The Registrar General of the Corporate Affairs Commission, Hussaini Ishaq Magaji, has revealed that only 100,000 Point of Sale (POS) operators have officially registered their businesses with the commission as part of its POS formalisation project.
Magaji said this during the in-house enforcement and compliance training for state offices on January 20 in Abuja.
5. Trump revokes over 80 Biden’s executive actions: On Monday, January 20, President Donald Trump revoked Biden-era executive actions that withdrew Cuba’s designation as a state sponsor of terror, applied sanctions on Jewish settlers in the West Bank and sought to reduce the risks of artificial intelligence.
The rescinded orders were part of a mass reversal of Biden-era policies that Trump signed at Capital One arena following his swearing-in as the 47th president.