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FG Terminates Obajana-Benin Road Contract With Mothercat, RCC, Gives Reason

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The Federal Government has terminated its contracts with Mothercat, RCC and Dantata & Sawoe for non-performance on the dualisation of the Obajana-Benin road project sections two, three and four.

The Minister of Works, David Umahi, made this known in a statement by his Special Adviser on Media Uchenna Orji, on Monday In Abuja.

Umahi said that the contracts were terminated due to delay leading to the expiration of the contract which was awarded on Dec. 3, 2012.

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”The Federal Ministry of Works has terminated contract numbers 6136, 6137 and 6138 with Mothercat Ltd, Dantata & Sawoe Construction Ltd and RCC Ltd respectively.

READ ALSO: Two Female Suicide Bombers Arrested After Deadly Borno Blast

”The projects affected by this termination are the dualisation of Obajana – Benin road and section II, (Okene – Auchi) in Kogi/Edo.

”Others are the dualisation of Obajana – Benin road, section III (Auchi – Ehor) and the dualisation of Obajana – Benin road section IV (Ehor – Benin) both in Edo.

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”The termination of the said contracts became necessary in view of the inordinate delay of the affected companies in job performance,’’ he said.

Umahi said that it was also due to their failure, neglect and or refusal to fulfil their contractual obligations as required by the standard conditions of contract.

READ ALSO: 2024 Guber: Edo Govt, APC Trade Words Over Alleged Corruption

”This has affected the timely completion of the projects, which has resulted in the expiration of the contracts by effluxion of time.

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”The projects which were awarded on Dec. 3 2012 were advertently abandoned by the contractors and no genuine commitment or good faith was shown towards executing the projects after accepting the considerations offered by the Federal Government.

”This thereby is exposing the road users to untold hardship due to the deplorable condition of the projects,’’ he said.

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Umahi also said that engineers in charged, have therefore been directed to take the necessary steps to do the needful and arrange with the affected companies for a joint measurement of work done so far.

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”The Federal Ministry of Works under my watch will not condone acts of unseriousness and sabotage by contractors whose plan is to become a clog in the wheel of progress of the Renewed Hope administration.

”Going forward, the government will not hesitate in terminating all projects that are funded but are non-performing,’’ he said.

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Top 10 Richest Families In The World

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The world’s wealthiest families not only amass staggering fortunes but also wield significant influence across industries and continents.

From the retail giants to oil dynasties and luxury fashion houses, these families have built empires that define global commerce and culture.

Here’s a closer look at the top 10 richest families in the world in 2024, per ranking via Investopedia, exploring their net worth and business ventures.

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Richest Families in the World

Al Nahyan Family
Net Worth: $305 billion

Industry: Industrial, diversified investments

The Al Nahyan family is known to be the ruling and wealthiest family in Abu Dhabi . Their wealth amass from vast investments in various sectors, including oil, real estate, and finance.

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READ ALSO: Top 10 Richest People In The World

Walton Family
Net Worth: $259.7 billion
Industry: Consumer Retail (Walmart)

The Walton family, Heirs to the Walmart empire, the Waltons have maintained their position through extensive global retail operations.

Hermès Family
Net Worth: $150.9 billion
Industry: Luxury fashion

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The Hermès family owns the iconic French luxury brand

Mars Family
Net Worth: $141.9 billion
Industry: Confectionery, pet care

The Mars family is best known for their candy empire, including brands like M&M’s and Snickers, and has diversified into pet care.

Al Thani Family
Net Worth: $133 billion
Industry: Industrial, diversified investments

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The Al Thani family is the ruling family of Qatar. The Al Thani family’s wealth primarily stems from their control over Qatar’s vast oil and natural gas reserves. Their investments in various industries, including finance, real estate, and infrastructure, have also contributed significantly to their wealth.

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Koch Family
Net Worth: $127.3 billion
Industry: Diversified industrial

The Koch family, Owners of Koch Industries, one of the largest private companies in the world, with interests spanning multiple sectors.

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Al Saud Family
Net Worth: $112 billion
Industry: Industrial

Al Saud family, the Saudi royal family, whose wealth is deeply rooted from their control over Saudi Arabia’s oil reserves and their investments in various industries.

Ambani Family
Net Worth: $104.3 billion
Industry: Diversified industrial (Reliance Industries)

The Ambani family’s wealth comes from Reliance Industries, with interests in telecommunications, retail, and digital services.

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READ ALSO: FULL LIST: LPPC Shortlists 98 Lawyers For SAN Title

Wertheimer Family
Net Worth: $89.6 billion
Industry: Luxury fashion (Chanel)

The Wertheimer family’s wealth mainly comes from their ownership of Chanel, a renowned luxury fashion house. Their successful management and expansion of the Chanel brand have significantly contributed to their wealth.

Thomson Family
Net Worth: $71.1 billion
Industry: Media (Thomson Reuters)

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The Thomsons are major players in the media industry through their ownership of Thomson Reuters, providing news and financial market information.

These families have diversified their investments across various sectors, ranging from traditional industries like oil and retail to luxury fashion and media, demonstrating significant influence and economic power globally​.

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FULL LIST: LPPC Shortlists 98 Lawyers For SAN Title

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The Legal Practitioners and Privileges Committee (LPPC) has shortlisted 98 lawyers for the conferment of Senior Advocate of Nigeria (SAN) for this year.

While 87 are practicing lawyers and advocates, 11 are from the academic.

This was contained in a statement by the Chief Registrar of the Supreme Court of Nigeria and Secretary of the LPPC, Hajo Sarki Bello.

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The statement invited comments from the public on the integrity, reputation and competence of the applicants.

It further stated that every complaint(s) must be accompanied with a verifying affidavit deposed to by the author before a superior court of record in Nigeria or before a Notary Public and be in twenty (20) copies.

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The statement clarified: “For the avoidance of doubt, the publication of the names of the shortlisted applicants is not an indication of their success in the process.”

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Some of the applicants include a former Chairman of the Nigeria Bar Association Section on Public Interest and Development Law (NBA-SPIDEL), Dr Monday Onyekachi Ubani and Idowu Benson.

Among those in the academic is Prof Adeyemi Oke.

The shortlisted applicants are in the two categories, the advocates and academics. The advocates are as follow: Lateef Olaseinde Karim Esq, Godwin Tagbo Ike Esq, Johnson Odionu Esq, Nnodim Marcellinus Duru Esq, Innocent Adams Ovbagbedia Esq, Soronnadi Anthony Njoku Esq, Adamu Abubakar Esq, Charles Oyaole Musa Esq, Udochi Nunny Iheanacho Esq, David Dare Onietan Esq

READ ALSO: Tinubu Approves New Withholding Tax Policy

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They also include Elele Chinatu Casmir Esq, Josiah Rapuluchuks Nduka Esq, Godwin Ikechukwu Obeta Esq, Habeeb Orisavbia Ilavbare Esq, , Moses Kolade Obafemi Esq. Mathew Echezonam Esonanjor Esq, Baba Fika Dalah, Esq, Babatunde Ademoye Sodipo Esq, Mustapha Ikhegbe Abubakar Esq, and Emmanuel Ibhagbemien Esene Esq.

Others are Henry Adedayo Bello Esq, Boniface Chinedu Moore Esq, Clement Amechi Ezika Esq, 0mokayode Adebayo Dada Esq, Edwin Anikwem Esq, Roy Ogbonnaya Umahi Nwaeze Esq, Olumide Oniyire Olugbenga Esq, Monday Onyekachi Ubani Esq , Ayoola Olufemi Ajayi Esq and Paul Chukwuma Obi Esq.

Full list of new 58 SAN holders
Also on the list are Olasupo Dominic Ati-John Esq, .Cole Segun Ololade Esq, Charles Ayodeji Adeogun Phillips Esq, 0kechukwu Kingsley Ajunwa Esq, Jacob Ocheogbu Ifere Esq, Emmanuel Aderemi Adekile Esq, Christopher Ehumadu Okeke Esq, Waziri Yusha’u Mamman Esq, Oluronke Adeyemi Esq, Oluwole Olawale Afolabi Esq.

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They include Toboukebide Kekemeke Esq, Akinbamigbe Adesomoju , Esq, Victor Owarienomare Odjemu Esq, Josiah Ojochide Daniel-Ebune Esq, Olukunle Ogheneovo Edun, Esq, Abdulaziz Enebi Ibrahim Esq, Stanley Chidozie Imo Esq, Charles Oladipo Titiloye Esq, Abdulkarim Kana Abubakar Esq, and Kingsley Chuku Esq.

They also include Adeyinka Oluwaseun Aderemi Esq, Olaolu Akintunde Owolabi Esq. Adedeji Sharafadeen Abdulkadir Esq, Idowu Omotunde Benson Esq, Kolawole James Olowookere Esq,

Chinasa Thelma Unaegbunam Esq, Ademola Oluwawolemi Esan Esq, 0mosanya Atilola Popoola Esq, Taiye Ayotunde Oniyide Esq, and Emonye Oga Adekwu Esq.

Others are Aderemi Oguntoye, Esq Kashopefoluwa Olawale Balogun Esq, Abdul Adamu Esq Theodore Okey Ezeobi, Esq, Rilwan Birnin Kebbi Umar Esq, Chienye Ifeanyichukwu Okafor Esq, Kaka Shehu Lawan Esq, Abba Muhammed Esq, Wendy Nwenenda Kuku Esq and Ekele Enyinnaya Iheanacho, Esq.

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They include Okechukwu George Edeze Esq, Akinyemi Oluwole Olujinmi Esq. Gyang Yaya Zi Esq, Idris Abubakar Esq, George Ibrahim Esq, Boonyameen Babajide Lawal Esq, Terkaa Jeremiah Aondo Esq, Tochukwu Peter Tochukwu Esq, Uchenna Uzo Njoku, Esq and Paul

They also include Babatunde Daudu Esq, Chukwudi Kachikwu Enebeli Esq, Yusuf Olatunji Ogunrinde Esq, Tobechukwu Kenechukwu Nweke Esq, Ademola Kamardeen Abimbola Esq,

Yunus Abdulsalam Esq, Mofesomo Ayodeji Tayo-Oyetibo Esq, Chukwuemeka Agamadodaigwe Nnawuchi, Esq

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The shortlisted academic applicants are Prof. John Alewo Agbonika, Prof. Osy Ezechuk Wunyere Nwebo, Prof. Nlerum Sunday Okogbule, Prof. Nnamdi Onyeka Obiaraeri, Prof. Nathaniel Ahagbue Inegbedion, Prof. Collins Chujioke Obioma, Prof. Violet Aigbokhaevbo, Prof. Augustine Robert Agom, Prof. Ibrahim Abdulqadir Abikan, Prof. Chima Josephat Ubanyionwu and Prof. Ganiyu Adeyemi Oke.

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Senate Blames Borno Suicide Bombing On Failure Of Intelligence

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The Senate on Wednesday, July 3, blamed the recent suicide bombings in Gwoza town in Borno state on failure of intelligence on the part of security forces.

Senate president, Godswill Akpabio disclosed this in his contribution to the debate on a motion on the incident sponsored by the chief whip of the Senate, Mohammed Ali Ndume, during plenary.

Ndume in his lead debate identified Mandara Mountains, Sambisa Forest and the Lake Chad region as the remaining terrorists’ havens

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READ ALSO: Two Female Suicide Bombers Arrested After Deadly Borno Blast

The Senate in its resolutions urged the Federal Government to direct the military to re-think its conventional strategies in fighting insurgency and other crimes by deploying modern technology and scientific tactics.

The lawmakers observed that relying on conventional methods alone, like deployment of troops appeared not to be succeeding as terrorists continued to use non-conventional approaches in killing Nigerians and destroying their means of livelihood.

 

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