Friday, November 17, 2023

FG Charges Emefiele On Six Counts Of Supposed N1.6bn Acquisition Misrepresentation

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FG Charges Emefiele On Six Counts Of Supposed N1.6bn Acquisition Misrepresentation

In the changed charge sheet, the Federal Government claimed that Emefiele unlawfully purchased 43 vehicles somewhere in the range of 2018 and 2020 worth N1.2 billion.

FILE: Former CBN Governor, Godwin Emefiele, at the FCT High Court, Abuja on August 17, 2023. 

 

The Federal Government has arraigned the immediate past Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, on a six-count charge bordering on alleged procurement.


The first charge, which was 20 builds up to the tune of N6.5 billion, has been decreased to six, to the tune N1.6 billion. Emefiele is the main respondent in the new charge.

The previous CBN Governor showed up in court on Friday for an application for bail, arguing not blameworthy to the six-count charge after it was perused to him.

Emefiele showed up with perfect timing for the initiation of the day's procedures.

As indicated by the altered charge sheet, the charges actually verge on acquirement misrepresentation.
In the altered charge sheet, the Central Government claimed that Emefiele unlawfully purchased 43 vehicles somewhere in the range of 2018 and 2020 worth N1.2 billion.

He was blamed for granting an agreement for the obtainment of 37 Toyota Hilux Vehicles esteemed at N854 million.

Count one read, "That you, Godwin Ifeanyi Emefiele, male, grown-up, at some point in 2018 inside the purview of this Good Court involved your situation as Legislative head of the National Bank of Nigeria to give a bad benefit on Sa'adatu Ramallan Yaro, a staff of the National Bank of Nigeria by granting an agreement for the stockpile of 37 Toyota Hilux Vehicles at the expense of N854,700,000 just to April1616 Venture Ltd, an organization in which the said Sa'adatu Ramallan Yaro is a chief and consequently dedicated an offense."

In the subsequent count, Emefiele was blamed for utilizing his situation to corruptly present a benefit on Yaro, "a staff of the National Bank of Nigeria by granting an agreement for the stock of one Toyota Avalon at the expense of N99,900,000 just to April1616 Speculation Ltd, an organization in which the said Sa'adatu Ramallan Yaro Chief and consequently dedicated an offense."

He was likewise blamed for presenting degenerate benefit in opposition to Segment 19 of the Bad Practices and Other Related Offenses Act 2000 by granting an agreement for the stockpile of one Toyota Landcruiser V8 April1616 Venture Ltd., in 2019 at the expense of N73 million.
The fourth count was about a Toyota Landcruiser V8 esteemed N73,800,000 granted unlawfully to April 1616 Speculation Ltd.

The Central Government further blamed the previous CBN Governor for likewise granting an agreement to Yaro for the stockpile of two Toyota Hilux Shell Detail Vehicles at the expense of N44,200,000 in 2020.

Equity Hamza Muazu of the Government Capital Domain High Court dismissed the case till November 22 for administering on the bail use of Emefiele and November 28 for the beginning of preliminary.

In the meantime, he requested that Emefiele be remanded at the Kuje Correctional Center.

Thursday, November 16, 2023

Tinubu Gets back To Nigeria After Guinea-Bissau Outing

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Tinubu Gets back To Nigeria After Guinea-Bissau Outing

President Bola Tinubu has shown up in the nation subsequent to joining President Umaro Sissoco Embalo and the Public authority of Guinea-Bissau to commend their 50th Autonomy Commemoration and Military Day.

Tinubu returned to Nigeria late Thursday. PHOTO: State House/Musbau Dan Wahab

 

President Bola Tinubu has arrived in the country after joining President Umaro Sissoco Embalo and the Government of Guinea-Bissau to celebrate their 50th Independence Anniversary and Armed Forces Day.

President Tinubu showed up in Bissau on Thursday around 6 am for the service and was energetically invited at the occasion which he went to at the greeting of President Embalo.
Close by different heads of state and government, he participated in the merriments in Bissau, the nation's capital.

With them were the Portuguese Prime Minister, António Costa; Gambia President, Adama Barrow.

Malawi President Cancels Foreign Trips For Self, Cabinet Over Economic Crisis

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Malawi President Cancels Foreign Trips For Self, Cabinet Over Economic Crisis


“All cabinet members currently abroad on public-funded international trips must return to Malawi with immediate effect,” he said.

File photo of Malawi’s President, Lazarus Chakwera.

 

Malawi’s President, Lazarus Chakwera, has suspended all foreign trips by government officials, including himself, citing the country’s economic crisis.

In a nationwide broadcast on Wednesday night, the President said the move, was part of what he called tough measures to heal the Southern African nation’s economy.

Chakwera also directed all ministers who are currently outside the country to return home and said the suspension will be in place until March next year.

“All cabinet members currently abroad on public-funded international trips must return to Malawi with immediate effect,” he said.

Amid backlash received over his frequent foreign travel, the President said he would lead by example by curtailing his travel plans, including cancelling his attendance at the COP28 climate change conference in Dubai later this month.

He also directed that fuel allocation for ministers, principal secretaries, directors, and all senior officers who are entitled, should be cut by half, adding that the practice of spending taxpayers’ money on useless activities in the form of allowances should be put to an end.

The Malawi leader said all the spending cuts will be channeled towards procurement of food and fertilizer to ensure the country has enough food.

He has also directed the minister of finance to include in the upcoming mid-year budget review provisions for cushioning small to medium enterprises to protect the jobs they create, provisions for a reasonable wage increase for civil servants and review Pay as You Earn tax to remove tax burden from civil servants.
Similarly, ordered ministers of finance and trade to work with the Competition and Fair-Trading Commission to investigate price increases and hold into account all those involved in raising prices in violation of the law.

Chakwera also announced that he has ordered the secretary to the President and Cabinet to ensure the recent hiking of the price of water is absorbed by the operating cost of those boards for now, and not placed on Malawians.

Source: Channel TV

Tuesday, November 14, 2023

Zamfara NLC, TUC Join Indefinite Strike, Record Partial Compliance

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Zamfara NLC, TUC Join Indefinite Strike, Record Partial Compliance

NLC

The Nigeria Labour Congress, (NLC), and its Trade Union counterpart in Zamfara State, have joined in the nationwide indefinite strike, in compliance with the directive of the national leadership.


The two labour union leaders informed journalists in Gusau, the Zamfara State capital, of their decision to join the indefinite strike, to press home their demands.
The NLC and its affiliates said the strike was embarked upon, following hardship occasioned by the removal of fuel subsidies, and the assault on the NLC President, Comrade Joe Ajaero, in Imo State, Southeast Nigeria, recently.

Though there was low compliance in Zamfara, with the directive from the NLC and TUC to members to withdraw their services on Tuesday, November 14,  AIT’s visit to Yahaya Gusau Federal Secretariat, showed that a pocket of staff was seen coming in and out of the facility.

The state’s NLC and TUC Chairmen, Comrades Sani Halilu and Saidu Mudi, after addressing journalists, thereafter moved to the Jibrin Yakubu Secretariat and other establishments, to ensure compliance with the directive to the down tools.


Source: AIT

We're Probing 'Abrogation' Of 264 Nigerians' Visas At Saudi Air terminal - FG

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We're Probing 'Abrogation' Of 264 Nigerians' Visas At Saudi Air terminal - FG

The Air Harmony flight allegedly took off on Sunday night and arrived at Lord Abdul-Aziz Global Air terminal, Jeddah, Saudi Arabia.

A file photo of the new international terminal at Murtala Muhammed International Airport, Lagos. Credit: Facebook/Federal Ministry of Aviation, Nigeria

 

The Federal Government says it is investigating reports of as many as 264 Nigerian passengers’ visas being cancelled upon their arrival in Jeddah, Saudi Arabia from Nigeria.


The Air Peace flight allegedly took off from the Murtala Muhammed International Air terminal, Lagos by means of the Mallam Aminu Kano Global Air terminal, Kano on Sunday night and arrived at Ruler Abdul-Aziz Global Air terminal, Jeddah, Saudi Arabia.

The Service of International concerns, in a proclamation made accessible to Channel TV on Tuesday, said it was "examining the make a difference to check whether any consular or flying guidelines have been spurned."

As per the Minister's SA Media and Communication Strategy, Alkasim Abdulkadir, the Service will guarantee such activities that influence the government assistance of Nigerian residents are relieved later on in accordance with what was depicted as the Four Ds system of President Bola Ahmed Tinubu.
"Nigeria has recently partaken in the Saudi-Africa Highest point where reciprocal conversations covering a few areas of the economy and commonly helpful responsibilities were made."

Over 5,000 Participants In Attendance,As 6th NDIS Begins In Abuja

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Over 5,000 Participants In Attendance,As 6th NDIS Begins In Abuja



Over 5,000 participants including business owners and investors are currently in Abuja for the 6th Nigeria Diaspora Investment Summit, convened by the Nigeria Diaspora Summit Initiative (NDSI) in collaboration with Nigerians in Diaspora Commission (NIDCOM).


The year edition with the theme “New Vistas, New Aspirations, New Opportunities: The Diaspora and National Development” recorded presence of Nigerians in Diaspora investors and non-Nigerians who are keen in investing in the Nigeria’s economy.
Chairman/CEO,Nigerians In Diaspora Commission (NIDCOM), Abike Dabiri-Erewa said the overall goal of the Summit is to demonstrate that engaging the Diaspora is a
more effective and sustainable strategy for attracting inward investment into Nigeria’s economy.
Chairman, Nigerians in Diaspora Commission (NIDCOM), Hon. Abike Dabiri-Erewa urged Nigerians in Diaspora to put their money in businesses back home.

She stated that there were abundant opportunities that were available in Nigeria, which could earn them money without necessarily being present, as the NDIS is all about wealth creation by the Diasporans.

Dabiri-Erewa said NDIS objectives included:
– Establish a platform where Diaspora investors can interact with other
potential sponsors, partners, business promoters and the government.
– Business matchmaking opportunities.
– Showcase and explore the business and sponsorship opportunities in all the
36 States of Nigeria for Diaspora investment.

She maintained that since its inception, NDIS has been living up
to its expectations of attracting Diaspora investment into local businesses in
Nigeria, with bounteous success stories, in terms of business connections and
social impact.

The Ambassador of Republic of Ireland to Nigeria, Peter Ryan says the Nigeria Diaspora Investment Summit (NDIS), is very important noting that the country’s diasporans are an important partner in any nation’s national initiatives.

The 6th Nigeria Diaspora Investment Summit kicked off in Abuja on Monday, November 13th with pitching sessions for upcoming and start-up businesses

Source: AIT

U.S Artist, R Kelly Sues Government Agency Of Prison For Releasing Confidential Data

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U.S Artist, R Kelly Sues Government Agency Of Prison For Releasing Confidential Data

US Singer R.Kelly

The embattled Chicago Illinois United States born singer songwriter and music producer Robert Kelly popularly known as R Kelly has sued the Federal Bureau of Prisons over allegations of leakage of his private information to American media personality, Youtuber and blogger Latasha Kebe popularly known as Tasha K.



The "I Accept I CAN FLY" vocalist, R Kelly on Monday November thirteenth 2023 through his legal counselors documented a protest at the Chicago Government Court, against the Department of Penitentiaries for spilling accounts of his confidential calls with his sweetheart and attorneys, released his email correspondence and guests records which some
workers of the jails supposedly offered to Tasha; who consequently broadcast online to more than 1 million supporters.
R Kelly's attorney Jennifer Bonjean said the litigant; the US penetrated its obligation of care by permitting incalculable Agency Of Jails officials access Kelly's private data with practically no lawful premise to do as such.

The breaks Bonjean said left Kelly disconnected and unfortunate to speak with his lawyers or other outsiders; realizing it very well may be delivered to the overall population for mass abuse.

In September 2022, R Kelly was sentenced in Chicago on discrete Government charges verging on youngster porn and temptation of minors for sex and he was condemned to 30 years in jail.

NATO Signs $1.2bn Artillery Shell Deal

  The push to refill stocks and ramp up output comes as doubts swirl over future support for Ukraine from key backer the United States. NATO...