Home Blog Page 1349

Akpabio Finally Lands in Court for 2 Things, Details Emerge

0

  • Godswill Akpabio, the president of the senate, has been dragged to court by SERAP over his failure to recall the suspended Senate Abdul Ningi
  • SERAP also sued Akpabio for his failure to refer the budget padding allegation raised by Senator Ningi to the anti-graft agencies for investigation and prosecution
  • In the application before the federal high court in Abuja, Akpabio was sued for himself and on behalf of all the senators in the national assembly

FCT, Abuja – Senate President Godswill Akpabio has been charged to court for failing to refer the alleged budget padding allegation to the appropriate anti-graft agencies for investigation and prosecution.

How Tinubu put personal business interests before infrastructure, Atiku makes fresh allegation

The Senate president is also charged to court for an alleged wrong suspending the Bauchi Senate Abdul Ningi, who blew the whistle on the allegation.

SERAP sues Akpabio for failing to recall suspended Senator Ning
Photo Credit: Godswill Akpabio, Senator Abdul Ahmed Ningi
Source: Twitter

Why SERAP sues Akpabio

The Socio-Economic Rights and Accountability Project (SERAP) dragged Akpabio to court in case number FHC/ABJ/CS/452/2024, filed on Friday, April 5, at the federal high court in Abuja.

Kolawole Oluwadare, the lawyer for SERAP, the organisation’s deputy director, and Mrs Adelanke Aremo filed the suit against the Senate president.

According to The Punch, the development was disclosed in a statement made available to journalists on Sunday, April 7.

The statement revealed that the Senate president was sued for himself and on behalf of the lawmakers in the Upper Chamber.

How Senator Ningi framed Akpabio, Tinubu

Ganduje blasts governor Yusuf, explains why Kano govt can’t prosecute him

The embattled Senator Abdul Ningi from Bauchi Central senatorial district got a three-month suspension from the Akpabio-led senate over a budget padding allegation.

In an interview with BBC Hausa, the lawmaker alleged that the President Bola Tinubu-led federal government was implementing an N28.7tn budget, different from the N25tn debated and passed by the national assembly.

Ningi, during the interview, said:

“We discovered N3tn was inserted into the budget for projects without locations. This is the highest budget padding that happened in Nigerian history under Senator Akpabio’s watch.”

Budget padding: Why Akpabio should not resign

The legal practitioner posited that Akpabio was not the only senator indicted in the allegation and that all the lawmakers would also have to leave the national assembly.

Prominent APC lawmaker flees as hoodlums unleash attack in Benue

According to the lawyer, the senate leadership should allow the EFCC to investigate the constituency projects included in the budget in the past to ascertain their execution.

Police uncover plans to disrupt activities in Kano

0
Police arrest man for allegedly printing, distributing fake Police ID Cards
Police arrest man for allegedly printing, distributing fake Police ID Cards

The Police Command in Kano State, said it had uncovered plans by some religious and political pressure groups to disrupt the Eid-el-Fitri festivities in the state.

The Commissioner of Police, Usaini Gumel, disclosed this while addressing newsmen after a meeting with traditional, religious leaders and senior police officers on Monday in Kano.

Gumel assured the people of the command’s readiness to maintain law and order during and after the festival.

“The command is aware of plans by some identified religious and political pressure groups to pressurise the State Government to disregard the ongoing  judicial processes  before the Court on Sheikh Abduljabbar Nasiru Kabara.

National growth LS

“The plans that have been uncovered show that their aim is to disrupt the Sallah activities, the existing peace in the state and to embarrass the State Government,” he said.

He said that the command has strengthened security with increased surveillance around the locations where the elements would gather, especially Kofar Nassarawa, Kofar Mata, Kofar Wambai and Kofar Kudu.

“We are aware of all these and we are fully ready to decisively deal with this ill-fated decision unless the planners change for the better.

“The sponsors of this plan are also being closely watched, they are advised to desist forthwith as security agencies are following up and trailing them.

“The planners would be arrested and made to face the full wrath of the Law,”the commissioner said.

He said that in addition to physical security, the command had deployed plain cloth security personnel across the five Emirates of Kano, Bichi, Gaya, Rano and Karaye.

He urged traditional and religious leaders to do more by sensitising the people to the need to offer information to the police on the movement of dubious characters.

Gumel said such information would enable the officers and men of the command, to adequately implement the security arrangements covering the entire period of the festivities.

He said the police would continue to collaborate with other security agencies, and critical stakeholders to ensure hitch-free festivities in the state.

Gumel advised the people of the state not to panic as their safety would be guaranteed before, during and after the festivities.

“We are also appealing to members of the public to cooperate and offer useful actionable intelligence reports to our officers deployed in various parts of our areas of supervision for the success of the operation,” he said.

Gumel said that the Area commanders and divisional Police officers have been directed to contain any security threat to residents in their areas.

He said that sufficient personnel had also been mobilised to provide security at all the praying grounds across the state.

The commissioner said that the police would continue to adopt the necessary security measures that will see to the arrest and prosecution of miscreants.(NAN)

By Aminu Garko

JPMorgan Chase CEO warns inflation could stay high

0

JPMorgan Chase CEO Jamie Dimon warned in a letter to shareholders that recent events ‘may well be creating risks that could eclipse anything since World War II’.
Photo: WIN MCNAMEE / GETTY IMAGES NORTH AMERICA/Getty Images via AFP/File

Inflation could remain elevated for longer than expected, posing a risk to the US economy’s near-term health, JPMorgan Chase Chief Executive Jamie Dimon said Monday.

In his annual letter to shareholders, Dimon pointed to “persistent inflationary pressures” that belie the stock market’s confidence about the outlook and could result in even higher interest rates.

“Equity values, by most measures, are at the high end of the valuation range,” said Dimon, the longtime CEO of the biggest US bank by assets, who has often struck a cautious note about the outlook in recent years.

“These markets seem to be pricing in at a 70 to 80 percent chance of a soft landing — modest growth along with declining inflation and interest rates. I believe the odds are a lot lower than that.”

Asian markets mostly rise as traders weigh rates outlook

Dimon pointed to ongoing fiscal investment, trade policy shifts and green economy spending as inflationary drivers in spite of many economic indicators that have remained “good.”

He said the bank is prepared for a “very broad range of interest rates,” from two percent to eight percent.

Dimon, who tackled a broad range of issues in the letter including artificial intelligence and political acrimony in the United States ahead of November’s presidential election, also highlighted a more precarious geopolitical environment.

He called the February 2022 Russian invasion of Ukraine “another day in history that will live in infamy,” referring to Franklin D Roosevelt’s famous quote about the 1941 attack on Pearl Harbor.

Dimon also nodded to “the subsequent abhorrent attack on Israel and ongoing violence in the Middle East” as events that serve as a reality check.

“America and the free Western world can no longer maintain a false sense of security based on the illusion that dictatorships and oppressive nations won’t use their economic and military powers to advance their aims — particularly against what they perceive as weak, incompetent and disorganized Western democracies,” Dimon said.

NAN editorial begins quarterly birthday celebrations for staffers

0

 The Editorial Department of the News Agency of Nigeria (NAN) has introduced a quarterly birthday celebration for its members of staff to boost their morale.

NAN reports that the maiden edition of the birthday celebration for staffers born in the months of January, February and March was held on Monday at the agency’s headquarters.

Speaking at the event, Mr Ephraims Sheyin, the Editor-in-Chief (EIC), said the initiative was to bond members of the department, celebrate one another and create atmosphere to unwind.

“For journalists who work day and night filing stories on all aspects of national life, they deserved to be celebrated on their birthdays.

National growth LS

“It is also a forum for reporters, editors and controllers, working together in the newsroom to bond in a relaxed atmosphere,’’ he said.

The EIC prayed God for direction and increase for the celebrants, as they enter into a new phase of their lives.

Mr Rotimi Ijikanmi, an Assistant Editor-in-Chief in the agency, who spoke on behalf of the celebrants, applauded the initiative of the EIC.

“We were not expecting this laudable initiative, it will surely boost morale and bring the member of staffs together,’’

He urged the department to sustain the programme and commended the EIC for the initiative.

NAN reports that the high point of the event was prayers for the celebrants by Mrs Hadiza Aliyu, a Deputy Editor-in-Chief and Mrs Abiemwense Moru, a Senior Editor, as well as refreshment. (NAN)

By Maureen Okon

British Pound Loses to Naira as Nigerian Currency Continues to Gain in April, Nigerians React

0

  • The naira, compared to the British pound, gained massively in the first few days of April to close at N1,585.78/£
  • The movement represents the continuation of the gain from the previous month following the CBN’s intervention
  • Nigerians have taken to social media to express their views on the recent rebound of the local currency

The naira has strengthened against the British pound, recording a massive gain in April.

The naira recorded a N95.1/£ gain in a few days of April.
Photo Credit: CBN, BDC
Source: Getty Images

Recent CBN data showed that the naira was valued at N1,585.78/£ as of Thursday, April 4. This is against the price of N1,680.88/£, which it closed the previous month, March.

This means that in the first few days of the month, the naira recorded N95.1/£ gain, depicting a gigantic rebound for the currency which once sold above N2,000/£.

Jubilation as CBN crashes dollar price for BDCs, sets new rate to sell to Nigerians

During the period, the pound sterling recorded its highest at N2,090 in the second week of the month while it recorded its lowest in the last week at N1646.49/£.

This came as the CBN reinforced its efforts to save the local currency against major currencies such as the dollar and the British Pound.

In its recent move, the CBN sold $10,000 FX to each BDC at N1,101 per dollar, below the N1,251 it sold at the beginning of the month.

The bank instructed the operators not to sell the FX above the recommended rate of 1.5%.

Naira rebounds, ranks among best performing African currencies

Reactions

Nigerians on social media X have taken to their accounts to express their thoughts.

@olumidecapital wrote,

“If you bought N10 million worth of British pounds on February 24 at the black market, you have a paper loss of N3.4 million.”

@OUTRIGHTJOE stated

“I changed pounds for 1,500 today.”

@_mahnlikechidi tweeted,

“Is it only me that’s seeing that price of 1 pound to naira.”

Naira ranks among best-performing African currencies

This is as the CBN’s determined efforts have caused the naira to rise from its lowest level this year.

Increasing interest rates and selling dollars straight to foreign currency markets are two examples of these moves.

EFCC quizzes 14 suspected oil thieves in Port Harcourt

0

The Economic and Financial Crimes Commission (EFCC), has commenced investigation of 14 suspected oil thieves alongside a Motor Fishing Trawler Hawwau Tanko arrested in Bayelsa.

The EFCC Spokesman Dele Oyewale, said this in a statement on Monday in Abuja.

He said that the suspects and the vessel were handed over to the commission by the Nigerian Navy Forward Operating Base (FOB), Formoso, Brass, Bayelsa.

“The suspects and vessel were arrested over alleged illegal dealing in petroleum products by the detachment of 5 BN Nigerian Army on Feb. 27.

National growth LS

“They were arrested around Fish Town Rivers, Southern Ijaw Bayelsa, while on board Motor Fishing Trawler  (MFT) Hawwau Tanko laden with about 10,000 litres of illegally refined Automotive Gas Oil, (AGO),” he said.

According to him, the Commanding Officer, FOB, Formoso, Navy Captain Murtala Rogo, disclosed that Motor Fishing Trawler was arrested over alleged involvement in illegal bunkering.

Oyewale quoted Rogo as saying that the Nigerian Navy would not relent in its effort towards policing, and enforcing all maritime laws to get rid of crude oil theft and other crimes in the Nigerian maritime domain.

According to him, the suspects included Kolapo Gafar, the captain of the vessel, Monday Aresonor, Rasheed Rafiu, Kubi Wowo and  Emmanuel Odey.

Others are, Kolapo Abdullahi, Sunday Obasan, Kolapo Wasiu, Ilojiole Emeka, Owoseni Ehuwa, John Olowokere, Chima Edwin,  John Akpan and Ijoade Tayo.

He said that the activity of the 14 suspected oil thieves and MFT Hawwau Tanko was an act of economic sabotage which the Nigerian Navy had sworn not to condone.

The EFCC Zonal Commander Port Harcourt Command, ACE 1, Ahmed Ghali, assured the Navy and the entire public that the suspects and the exhibits would be subjected to further investigation and possible prosecution.

Ghali was represented by Assistant Superintendent of EFCC, ASE 1 Salim Sadiq, who received the suspects and the vessel on behalf of the commission.

He further commended the Navy for its collaboration with the EFCC and the good working relationship both agencies have enjoyed over the years.

“We will do everything within our powers to ensure that the activities of illegal oil bunkering are completely brought to the barest minimum and oil thieves  face the wrath of the law,” he said.(NAN)

By Isaac Aregbesola

Eid-el-Fitr: FG Declares Tuesday and Wednesday as Public Holiday

0

  • The federal government has announced a two-day public holiday for the celebration of the end of Ramadan, known as the Eid-el-Fitr
  • Olubunmi Tunji-Ojo, the minister of interior, announced the holidays in a statement by the ministry’s permanent secretary
  • The announcement was made at a time when the Muslims in Nigeria were yet to be sure of the actual day for the celebration of Eid-el-Fitr

FCT, Abuja – The Federal Government has announced Tuesday, April 9 and Wednesday, April 10, as public holidays to celebrate Eid-el-Fitr.

Olubunmi Tunji-Ojo, the minister of interior, disclosed this in a statement by Aishetu Ndayako, the ministry’s permanent secretary, on Sunday, April 7.

When is Eid el Fitr 2024 in Nigeria and how is it celebrated?

FG declares public holiday for eid-il-fitr celebration
Photo Credit: Bola Ahmed Tinubu
Source: Twitter

In the statement, the minister congratulated Nigerian Muslims for completing the 2024 Ramadan successfully.

Eid-il-Fitr: Minister sends message to Muslims

The minister then called on Muslims to sustain the practice and deeds that entail love, peace, kindness, compassion, tolerance, and good neighbourliness, which represent the life and times of the Holy Prophet Muhammad (Peace be upon Him).

Tolu Ogunlesi, the former aide to the immediate past President Muhammadu Buhari, shared an update on the announcement in a tweet. He tweeted:

“The Federal Government of Nigeria has declared Tuesday, 9th, and Wednesday, 10th April 2024, Public Holidays to mark the Eid-el-Fitr Celebration.”

When is 2024 Eid-il-Fitr?

However, the actual day of the Eid-el-Fitr Celebration was yet to be ascertained as the Islamic Council of Nigeria, under the leadership of the Sultan of Sokoto, had yet to announce the citing of the moon, which was the usual practice.

Eid-el-Fitr 2024: Sultan-led NSCIA announces tentative dates, asks Muslims to look out for new moon

If the holy month is completed on 30, the Eid-el-Fitr Celebration will be on Wednesday, April 10. Muslims would have to enjoy the Eid holidays on the day before the celebration and the day of the festival.

See the tweets below:

FG announces public holidays for Easter

This will allow the Christian faithful and Nigerians at large to celebrate Good Friday and Easter Monday in 2024.

Olubunmi Tunji-Ojo, the minister of interior, announced in a statement on behalf of the federal government.

FRSC attributes over 50 percent accidents on Lagos-Ibadan

0

The Federal Road Safety Corps (FRSC), Ogun Command, has attributed more than 50 per cent of road crashes on Lagos-Ibadan expressway to excessive speed.

Mr Anthony Uga, the FRSC Sector Commander in Ogun, said this in an interview with News Agency of Nigeria (NAN) on Monday in Ota, Ogun.

“Today, the two deaths and two injuries that were recorded on Lagos-Ibadan expressway could have been averted if the driver was not speeding.

“Excessive speeding is dangerous for the drivers, passengers in the vehicles as well as other road users.

National growth LS

“It is bad for drivers to over speed because sometimes it leads to loss of lives.

“We are appealing to motorists to adhere to stipulated speed limit of 100km/per hour in case of any accident, such cases could be managed, not ending in tragedy,” he said.

According to him, the FRSC had mobilised both regular and special marshals, to embark on the special patrols for Eld-el-Fitr festival.

The sector commander said that the FRSC would commence motorised patrol on Lagos-Ibadan corridor from Tuesday (April 9), to check speeding of motorists plying the route.

Uga said that the patrol was to deter motorists from speeding along this corridor, while urging them to drive according to stipulated rules, in order to be alive to celebrate.(NAN)

By Ige Adekunle

“With Sales Tax”: Woman Buys Tiny House for N121.4m, Truck Delivers Mobile Home to her Land

0

  • A woman, Bresha Jeanae, rejoiced as she became a homeowner after getting a mobile home for $92,000 (N121,403,200.00) that was delivered to her
  • Without having to go through the stress of construction, the woman explained how she planned to position the house
  • Many people who loved the house praised Bresha’s move, as some said they looked forward to having the same

A woman, Bresha Jeanae, has got many people praising her after getting a movable tiny house and taking it on her land.

As a long truck delivered it, Bresha looked so excited for the delivery. She recorded the movement and showed the building’s exterior.

A truck brought the house to her land.
Photo source: @breshajeanae
Source: TikTok

Tiny mobile home with plumbing work done

The tiny house was delivered with plumbing and electrical works all done. It came with an AC already attached to its side.

Young lady narrates how her dream of studying abroad changed, now studies in Nigeria

The landlady revealed she spent $92,000 (N121,403,200.00) on the house and all the installations done in the building.

More stories on mobile homes:

Watch her video below:

Estela Ituarte said:

“Please tell me you didn’t pay over $100k.”

She replied:

“I didn’t!!! 92k with sales tax, delivery, land clearing, hooking up septic, electrical, plumbing, all appliances and more!”

momo said:

“Congrats! That house looks awesome and quite big for a tiny house.”

lay lim said:

“We need a tiny house tour after you settle.”

“No agent”: Lady rents shop in Lagos, uses her money to turn it into “palace”, Nigerians react

Paige said:

“My parents fell in love with tiny houses on Fixer Upper and now they’re convinced they have to get my brother and I tiny houses to live on their property.”

Carolann said:

“Not that ‘tiny house’ being bigger than my flat in England.”

Raxaine JAMAICAN GIRL said:

“That’s not a tiny house that’s an entire huge house.”

Prim said:

“We should just be buying land and ordering houses.”

Jorge said:

“If a hurricane comes, you can just stay inside and wait for your new home location.”

Robyn said:

“In the UK this would be classed as a decent sized house. I’m so jealous.”

Man got a movable house

After his house order shipped to him, he made another clip to show people the house and the colour it came with.

Kano traffic agency deploys 1,500 personnel

0

The Kano State Road Traffic Agency (KAROTA) has deployed  1,500  personnel for the Eidel-Kabir celebrations to ensure free flow of traffic.

The Managing Director of the Agency, Mr Faisal Mahmud-Kabir,  made this known on Monday in Kano.

The deployment, he said, will ensure compliance with driving laws during Sallah celebrations.

“Parents should desist from giving their underage children vehicles to drive especially during the period”,he said.

National growth LS

He wished the the general public a fulfilled sallah celebration and also urge them to drive carefully during the festive period to avoid unforeseen circumstances.(NAN)

By Bosede Olufunmi