TUESDAY 7TH SEPTEMBER 2021

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Angry CJN Meets 7 CJs, 3 to Face NJC Investigation over Conflicting Orders Warns against granting ex parte orders on political matters Alex Enumah in Abuja Three State Chief Judges (CJs) will any time from now appear before the National Judicial Council (NJC) to explain why disciplinary action should not be

taken against them for alleged issuance of conflicting court orders. The decision to investigate the judges was taken by the Chief Justice of Nigeria (CJN), Justice Ibrahim Muhammad, after a meeting with seven Heads of

Courts on Monday in Abuja. Muhammad had last week Monday invited some CJs to explain the rationale behind the issuance of contradictory court orders and indiscriminate injunctions by judges in their

jurisdictions. The invitation was sequel to a report by THISDAY on certain worrisome restraining orders against the Independent National Electoral Commission (INEC) and some contestants in the forthcoming governorship

election in Anambra State, as well as the leaderships of the major political parties in the country. A statement by the NJC's Director of Information, Mr Soji Oye, disclosed that the CJN, after a marathon meeting with the Heads

of Courts, which lasted for over six hours, decided to use the three judges as warning to others. Although, disciplinary actions are usually taken against an erring Continued on page 10

Buhari Appoints Adetifa New NCDC DG after Ihekweazu’s Exit... Page 8 Tuesday 7 September, 2021 Vol 26. No 9647. Price: N250

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NNPC May Float Initial Public Offering in 2024, Kyari Reveals With declining investments, Sylva calls for African Energy Bank Emmanuel Addeh in Abuja Nigerians and foreign investors interested in owning shares in the Nigerian National Petroleum

Corporation (NNPC), which is set for full commercialisation in the next six months, may need to wait till 2024, Group Managing Director of the

corporation, Mallam Mele Kyari, has disclosed. Kyari, who revealed this when he appeared on Global Financial News on Bloomberg

Television, noted that the national oil company, which would operate under the Companies and Allied Matters Act (CAMA), would only be

able to issue its Initial Public Offering (IPO) to investors in the next three years. However, against the backdrop of declining global

investment in the oil and gas sector, Minister of State for Petroleum Resources, Chief Continued on page 10

VAT Judgment: Court Refuses FG's Plea for Stay of Execution Says it will negate principle of equity Wike to FIRS: Stop bullying corporate bodies from paying Alleges Masari, others attempting to truncate court ruling Urges govs to collectively fight for devolution of resources Threatens lockdown in Rivers again Blessing Ibunge in Port Harcourt Justice Stephen Pam of the Federal High Court sitting in Port Harcourt yesterday dismissed an application by the Federal Inland Revenue Service (FIRS) seeking to stop the Rivers State Government from collecting Value Added Tax (VAT) in line with an earlier judgement in favour of the state. Pam held that granting the application would negate the principle of equity.

Accordingly, Rivers State Governor Nyesom Wike warned the FIRS against sabotaging the authority of the state to freely administer the VAT in line with the court ruling. The FIRS in suit no FHC/ PHC/149/2021 had approached the court seeking a stay-ofexecution on an earlier judgement of the court that stopped the agency from collecting VAT, and held that it was constitutionally the role of state governments. Continued on page 10

BUILDING BRIDGES ACROSS ASIA... A former senior THISDAY Editor now Nigeria's Ambassador to Thailand, Ambassador Oma Djebah (left) and Ambassador of the Republic of Korea (South Korea), Ambassador Lee Wook-heon, during Djebah's visit to the Korean Ambassador at the Embassy of South Korea in Bangkok, Thailand... yesterday

INEC: We’re at Crossroads over e-Transmission of Results... Page 11


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TUESDAY 7TH SEPTEMBER 2021 by THISDAY Newspapers Ltd - Issuu