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Nnamdi Kanu Opts for Out of Court Settlement, Seeks to Negotiate with FG

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Nnamdi Kanu, detained leader of the proscribed Indigenous People of Biafra (IPOB), has expressed his readiness to enter into a negotiation with the Federal government to secure his freedom.

Kanu took the position on Wednesday during the resumed proceeding on the seven-count terrorism and treasonable felony charge, which the government entered against him before the Federal High Court sitting in Abuja.

His team of lawyers, led by Mr. Alloy Ejimakor, noted that Section 17 of the Federal High Court Act, made provision for amicable resolution of such matters.

Ejimakor notified the court of the decision of his team to explore the option, after he moved two applications that were filed by his client.

Whereas one of the applications, sought the committal of the Director General of the Department of State Services (DSS), Mr. Yusuf Bichi, to prison for contempt of court, the second motion challenged the jurisdiction of the court to continue with the trial.

According to Kanu’s lawyer, he would be left with no option but to activate section 17 of the FHC Act, in the event that the court dismisses the two applications he moved on behalf of his client.

“Section 17 of Federal High Court Rules, states that in any proceedings, the court may consider reconciliation and settlement,” Ejimakor added.

On his part, the government’s lawyer, Chief Adegboyega Awomolo (SAN), said he had earlier informed the defendant that he lacks the powers to embark on such negotiation as it is not part of the Fiat that was issued to him by the Attorney-General of the Federation and Minister of Justice.

He maintained that only the AGF has the authority to negotiate or take further steps in relation to the matter, noting that the case borders on alleged terrorism.

“If he is interested in negotiating, he knows the right place, the Attorney General of the Federation office,” Adegboyega, stated.

Reacting to the development, trial Justice Binta Nyako said the duty of the court was to hear the matter that was brought before it and not to act as a solicitor for any of the parties.

He said it was left for the parties to agree on the way they want the matter to go.

“If you want to discuss with the AGF, no problem at all,” Justice Nyako added.

It will be recalled that Kanu was first arrested in Lagos on October 14, 2015, upon his return to the country from the United Kingdom, UK.

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Pope Francis Showing ‘Slight Improvement,’ Vatican Confirms

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Pope Francis showed further improvement on Wednesday, the Vatican said, although it cautioned that “the prognosis remains reserved” for the 88-year-old fighting pneumonia.

“The clinical conditions of the Holy Father in the last 24 hours have shown a further, slight improvement,” said the Vatican in its nightly bulletin on the health of the pontiff, who has been in hospital since February 14.

“Although a slight improvement is being recorded, the prognosis remains reserved,” it said.

The Argentine pope was originally admitted to Rome’s Gemelli hospital with breathing difficulties and bronchitis, but his condition subsequently deteriorated, sparking widespread concern among Catholics.

Respiratory attacks he suffered at the weekend that required high levels of oxygen and blood transfusions have not been repeated, according to the Vatican, although he continues to receive oxygen and do breathing exercises.

On Wednesday, the Vatican said a CT scan performed Tuesday showed “normal progression of the pulmonary inflammatory condition” while blood tests on Wednesday confirmed the improvement.

It also said that a mild renal insufficiency detected at the weekend “had resolved.”

As Catholics across the globe pray for Francis, doctors have warned the path to recovery could be long, with the Jesuit pontiff likely staying in hospital beyond this week.

Despite his critical condition, the leader of the world’s nearly 1.4 billion Catholics has kept up with Church matters from his hospital suite, according to the Vatican.

Now on his 13th day in the hospital, the Pope Wednesday was “sitting in a chair, and continuing with the treatment as normal”, a Vatican source said.

The Vatican said he received the Eucharist in the morning and spent his afternoon working.The current hospitalisation is Francis’s fourth and longest.

The pope, who had part of one of his lungs removed as a young man, has suffered increasing health problems in recent years.

He is prone to bronchitis and suffers from hip and knee pain, which has made him reliant on a wheelchair.

Pilgrims and faithful have been flocking to the Vatican and the Gemelli to pray for Francis, with a fresh round of prayers held in St Peter’s Square later Wednesday evening.

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Trump Vows to Sell ‘Gold Card’ US Visas for $5m

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US President, Donald Trump, has unveiled plans to sell new “gold card” residency permits for a price of $5 million each, saying Russian oligarchs may be eligible.

Trump said sales of the new visa, a high-price version of the traditional green card, would bring in job creators and could be used to reduce the US national deficit.

“We’re going to be selling a gold card. You have a green card, this is a gold card. We’re going to be putting a price on that card of about $5 million,” Trump told reporters in the Oval Office.

The Republican president, who has made the deportation of millions of undocumented migrants a priority of his second term, said the new card would be a route to highly prized US citizenship.

“A lot of people are going to want to be in this country, and they’ll be able to work and provide jobs and build companies,” Trump said.

“It’ll be people with money.”Sales of the cards would start in about two weeks, Trump added.

“We’ll be able to sell maybe a million of these cards. We have it all worked out from a legal standpoint,” Trump added.

The billionaire former real estate tycoon said that all applicants for the new gold cards would be carefully vetted.

But asked if wealthy Russians would also be able to apply, Trump said it is a possibility.

“Possibly. I know some Russian oligarchs that are very nice people. It’s possible,” Trump said.

“They’re not as wealthy as they used to be. I think they can. I think they can afford $5 million.”

A number of Russian oligarchs have been hit by western sanctions since Moscow’s invasion of Ukraine three years ago.

Trump has caused shock in European capitals by suddenly opening negotiations with Russia to end the war, amid fears that he could be willing to sell Ukraine short.

The US president told reporters that lifting sanctions on Russia was possible “at some point” but was not currently on the table.

US Commerce Secretary Howard Lutnick, standing at Trump’s side in the Oval Office, said of the gold cards that “we can use that money to reduce our deficit.”

Trump, who has branded a series of hotels and casinos in a long business career, even suggested the new cards could also be named after him.

“Somebody said, ‘Can we call it the Trump gold card?’ I said, ‘If it helps, use the name Trump,’” he said.

AFP

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Dangote Refinery Reduces Petrol Price to N860 Per Litre in Lagos

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The management of Dangote Petroleum Refinery has announced a reduction in the ex-depot price of Premium Motor Spirit (PMS), popularly known as petrol, from N890 to N825 per litre, effective from February 27, 2025.

The slash in price by N65.00 was announced in a statement on Wednesday by the refinery.

According to the statement, buyers in Lagos would purchase fuel at N860 per litre at MRS outlets under the new arrangement.

“For MRS Holdings stations, it will sell for N860 per litre in Lagos, N870 per litre in the South-West, N880 per litre in the North, and N890 per litre in the South-South and South-East respectively,” the management said.

“The same product will also be available at the following prices in AP (Ardova Petroleum) and Heyden stations: ₦865 per litre in Lagos, ₦875 per litre in the South-West, ₦885 per litre in the North, and ₦895 per litre in the South-South and South-East.”

The company assured the public of a consistent supply of petroleum products, with sufficient reserves to meet domestic demand, as well as a surplus for export to enhance the country’s foreign exchange earnings.

It urged marketers to support this initiative, ensuring that Nigerians remain the primary beneficiaries of this effort.

To the refinery, the price adjustment is designed to provide essential relief to Nigerians in anticipation of the upcoming Ramadan season and also support the economic recovery policy of President Bola Ahmed Tinubu by alleviating the financial burden on the Nigerian populace.

Africa’s richest man Dangote has severally reduced the prices of petrol and other refined petroleum products.

The latest move is the second price reduction of PMS in February 2025, following a previous decrease of N60.00 earlier in the month.

In December 2024, during the yuletide period, the refinery reduced the price of PMS by N70.50, from N970 to N899.50 per litre, as part of its commitment to easing the cost of living and providing relief to Nigerians during the holiday season.

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