S.J News• [Oct 24, 2012]

S.J News• [Oct 24, 2012]• http://sjnewss.blogspot.com/ Crude Oil: Production reduced by 500,000 bpd due to flood -Department of Petroleum Resources (DPR). Forbes: Aliko Dangote, Tony Elumelu, Joyce Banda (Malawian President), Dr James Mwangi (MD, Kenya’s Equity Bank) & Stephen Saad (co-founder, Aspen Pharmacare) nominated for Africa Person of the Year Award. House of Reps: Mother of Hon Abiodun Abudu Balogun (Ijebu North/Ijebu East//Ogun Waterside Federal Constituency) abducted in Ogun state. Money Laundering (en route Dubai): Federal High Court, Lagos convicts 25-year-old man for false declaration of $4.5m; Nabbed @ MMIA, Lagos with $7.05m; Ordered to forfeit 25% of undeclared amount. Super Eagles Coach: Stephen Keshi to get official house & car soon, worth over ₦15m, in fulfilment of 4-year contract signed in November -Nigeria Football Federation (NFF). FIRS v Oando: Tax Appeal Tribunal (TAT) ends 7-year legal tussle; Orders Oando to pay ₦72.9m as liabilities to Federal Inland Revenue Service (FIRS). Insurance: Securities & Exchange Commission (SEC) & National Insurance Commission (NAICOM) to collaborate for supervision & regulation of companies quoted in Nigerian Stock Exchange (NSE) -Ms Arunma Oteh (DG, SEC). Cross Carpeting: Kogi State House of Assembly suspends 2 members for defecting; Henry Ojuola (ANPP to ACN); Funsho Daniel (ANPP to PDP); Former assembly leadership informed by ANPP 2 months ago -Lawal Jimoh (Speaker). Goal-line Technology: FIFA signs licence agreements with GoalRef & Hawk-Eye; To be introduced in English Premier League in 2013-14 seasons.