Archived edition · 02:02 Lagos
Saturday 12 September
- New articles analysed in today’s runs
- 4
- High-risk articles today
- 1
- Board appointments today
- 0
- Contract awards today
- 1
Key Developments
-
The Federal Government disbursed N18 billion to settle long-standing severance packages for 2,700 former employees of defunct national carrier Nigeria Airways (theeagleonline.com.ng).
-
Nigeria and China finalized a bilateral Aquatic Products Protocol aimed at expanding cross-border trade, market access, and aquaculture economic transformation (premiumtimesng.com).
-
Federal education authorities instituted a regulatory ban on 25% of circulating school textbooks, enforcing a mandatory 70% evaluation threshold for curricular approvals (vanguardngr).
High Risk Alerts
-
The House of Representatives Committee on Steel Development has opened a formal inquiry into the National Iron Ore Mining Company (NIOMCO) regarding a critical sub-lease and operational agreement awarded to Premium Steel, citing significant procurement breaches and contractual irregularities (The Punch).
Beneficial Ownership & PSC Disclosures
No statutory beneficial ownership declarations or persons with significant control (PSC) filings were identified in the reported data.
Procurement & Board Changes
-
National Iron Ore Mining Company (NIOMCO) / Premium Steel
The House of Representatives Committee on Steel Development is auditing an unvalued sub-lease and mine operations concession executed between NIOMCO and Premium Steel due to non-adherence to standard public procurement protocols ([The Punch](https://punchng.com/reps-probe-niomco-premium-steel-deal-procurement-breaches/)).