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Showing posts from September 17, 2016

A mega project rises in East Africa, Ibadan, Anambra, Pretoria

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A distinctive, glass-paneled multi-storey building with tall stone arches stands out in the bushes of Magogoni in Kenya’s historic coastal town of Lamu. It is the headquarters of a $25 billion infrastructure project—the Lamu Port South Sudan Ethiopia Transport (LAPSSET) Corridor—which will link Kenya with Ethiopia, Uganda and South Sudan. The far-reaching project involves a railway, a highway, a crude oil pipeline and a fibre-optic cable connecting the four countries. The project will also include several airports, resort cities, an oil refinery, a 32-berth port in Lamu and other supporting infrastructure mini projects. Once completed, the LAPSSET railway will connect to West Africa’s Douala–Lagos–Cotonou–Abidjan Corridor, running through Cameroon, Nigeria, Benin, Togo, Ghana and Côte d’Ivoire respectively. Experts view the LAPSSET project as a major contribution to the African Union’s regional integration vision of a peaceful, prosperous and fully

$15 m fraud: EFCC Docks Dudafa, Jonathan’s Ex-Aide, Six Others

-Four Plead Guilty A former aide to Goodluck Jonathan, Warpamo Dudafa, Thursday, appeared before a Federal High Court, Lagos charged with $15 million fraud. Dudafa, a former Special Assistant on domestic affairs to the ex president, is charged by the Economic and Financial Crimes Commission (EFCC) with six others. The accused persons are charged on 15 counts bordering on conspiracy and fraud. Others charged with Dudafa are Amajuoyi Briggs and Adedamola Bolodeoku. Also on the charge sheet are four companies: Pluto Properties and Investment Company, Seagate Property Development Company, Trans Ocean Property and Investment Company Ltd, and Avalon Global Property Ltd. When the case was called on Thursday, the four companies announced their representation as follows: Friday David (Pluto Properties and Investment Company) and Agbor Obaro (Sea Gate Property Development Company). Also, Fredrick Dioghowori announced his representation for Trans Ocean Property Ltd, while