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Hilda Dokubo remains our chairman – Rivers LP debunks purported suspension

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The Asari-Toru Local Government chapter of the Labour Party in Rivers State has debunked the purported suspension of the state’s caretaker chairman of the party, Hilda Dokubo.
Reports had earlier emerged on Friday, stating that Hilda was suspended by her Ward 3 and Asari-Toru LGA over alleged financial misconduct, and breach of party regulations, among other allegations.
However, the Asari-Toru LGA Labour Party Caretaker Committee, chaired by Horsfall Mac-Jay, said in a statement issued at its executive meeting that Hilda remains the party’s chairman in the state.
The party called on the general public to disregard the purported suspension of Hilda Dokubo, saying it was the handiwork of some phantom elements who are not known to the party.
The statement reads: “It has just been brought to our attention that some agents of acrimony came up with an unfounded claim that our state chairman has been suspended by some phantom elements who are alien to our party membership register in Asari Toru.
“We want to call on the general public to disregard this purported claim, as Madam Hilda Dokubo is a person of high reputation and strong character, a defender of the interests of Asari-Toru; hence, no true son/daughter of Asari-Toru extraction can take such a cowardly move.
“Hilda Dokubo remains our party chairman and she has our support in Ward 3 and Asari-Toru LGA in general.”
Hilda Dokubo remains our chairman – Rivers LP debunks purported suspension

Alleged fraud: Crypto billionaire Blord breaks silence after release from police custody

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Popular cryptocurrency billionaire Linus Williams, better known as Blord, has finally spoken after his release from police custody.
TVN recalls that Blord was arrested on Tuesday in Abuja over alleged cryptocurrency fraud and terrorism funding against his companies.
Blord was released on Friday after three days in police custody.
Following his release, the 26-year-old fintech CEO took to his Instagram page on Friday to announce his comeback.
Sharing a picture of him with celebrity billionaire Obi Cubana in Abuja, Blord bragged about being the president of the youths.
He wrote, “Youth President For A Reason.”
Alleged fraud: Crypto billionaire Blord breaks silence after release from police custody

Dangote, Obaseki, other dignitaries attend burial for Saraki’s mum

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Godwin Obaseki, governor of Edo, Lucky Aiyedatiwa, governor of Ondo, and Aliko Dangote, Africa’s richest person, were present at the funeral of Florence Saraki, mother of Bukola Saraki, a former president of the Senate.
Saraki’s mother died on June 18 at age 88.
On Thursday, the likes of Peter Obi, the presidential candidate of the Labour Party in 2023, and Emmanuel Udom, a former governor of Akwa Ibom, were present at the service of songs that was held at the Eko Convention Centre in Lagos State.
The occasion was attended by Ademola Adeleke, governor of Osun; Umo Eno, governor of Akwa Ibom; James Ibori, a former governor of Delta; and Osita Ngwu, senator representing Enugu West.
Others present were Rotimi Amaechi, a former minister of transportation; Steve Oronsaye, a former Head of the Civil Service of the Federation; Lai Mohammed, a former minister of information and culture; and Uche Secondus, a former chair of the Peoples Democratic Party.
Dangote, Obaseki, other dignitaries attend burial for Saraki’s mum

‘I stand by my statements on Tinubu’s interview,’ Ndume reacts to removal as Senate Chief Whip

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The sacked Senate Chief Whip, Ali Ndume, has reacted to his removal from the position.
The Senate on Wednesday removed the outspoken lawmaker as Chief Whip following the recommendation of the All Progressives Congress (APC) National Working Committee (NWC).
He had since been replaced by the Senator representing Borno North, Mohammed Monguno, in that position.
Ndume was removed a few days after he criticised President Bola Tinubu’s leadership style.
The lawmaker, who featured in a programme on Arise TV, said the president has been caged by his aides in Aso Rock.
He added that Tinubu was not aware of the challenges faced by Nigerians because he was far removed from the current realities in the country.
He also argued that former President Muhammadu Buhari was a more accessible leader.
Ndume, who spoke with journalists in Maiduguri, Borno State, on Friday, said the statement that led to his removal as Chief Whip did not warrant the decision.
The lawmaker revealed that he rejected the chairmanship of the Senate Committee on Tourism due to lack of experience.
He said: “I did not say anything wrong. And therefore I want to state that I stand by all my statements in the interview I granted.
“So, I know that I’m not wrong. The people are not wrong by speaking the truth and standing by the truth.
“And I pray that the president who by now, I expect the message should have gotten to him, looks at what I have said and takes appropriate measures to eliminate the suffering of the people.
“Secondly, the party that recommended to the Senate that I should be removed from being the chief whip of the Senate, I take that as an act of God because if it is God who gave me that position. It is God that took it through APC. So, I bear no grudges about that.
“After all, I did not contest to be the chief whip. I did not contest to be the vice chairman of the appropriation committee. I contested to be the se one of the Senators of the Federal Republic of Nigeria and God granted me that victory and I’m happy with God, what God has given to me.”
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Naira sheds N30 to trade N1,596/$1 at official window

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The naira shed N30 against the American dollar at the official window on Friday.
Data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed that the domestic currency traded N1,596/$1, up from N1,566/$1 recorded on Thursday.
The intra-day high and low recorded during the day were N1,619/$1 and N1,495/$1 respectively, representing a lean spread of N124$1.
The naira gained N60 against the dollar at the parallel section of the market to trade N1,580|$1, as against the N1,640/$1 posted on Thursday.
The currency gained N20 against the British Pound to trade N2,070£1 as against the previous N2,090£1.
The Canadian dollar remained flat against the naira to trade N1,200|CA$1.
The naira also gained N20 against the Euro to trade ₦1,720/€1 as against the previous ₦1,740/€1.
By: Babajide Okeowo
The post Naira sheds N30 to trade N1,596/$1 at official window appeared first on Latest Nigeria News | Top Stories from TVN.

16-floor tower: ‘Shameless politicians think Akwa Ibom people are stupid – lawyer reacts

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A human rights lawyer, Inibehe Effiong, has dismissed the clarification provided by the Akwa Ibom State government about the proposed 18-floor Ibom Towers in Lagos State.
Effiong, in a post on his X handle on Friday, described the government’s response as a ‘silly statement from a pathetic regime that has no vision’, adding that ‘shameless politicians think Akwa Ibom people are stupid.’
His statement comes after the government, in a release by the Chief Press Secretary to the Governor, Ekerete Udoh, justified the proposed 18-floor Ibom Towers project.
Udoh had said that the 18-floor Ibom Towers and a three-star hotel to be built in Abuja are great investments that would guarantee solid income to the state government.
The spokesman also questioned those opposing the projects, insisting ‘they will stand out as an enchanting symbol of rise and ascendancy of Akwa Ibom.
However, Effiong, who had earlier issued a stern warning to the governor as he asked people in the state to get prepared for a massive protest, said: “A silly statement from a pathetic regime that has no vision. These shameless politicians think Akwa Ibom people are stupid.”
16-floor tower: ‘Shameless politicians think Akwa Ibom people are stupid – lawyer reacts

Anti-government protest: TinubuMustGo hashtag trends on social media

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Ahead of the planned nationwide protests over hardship, netizens have threatened to demand President Bola Tinubu’s resignation.
A cross-section of Nigerians on their X microblogging handles are using the hashtag #TinubuMustGo to campaign for the protest.
They are alleging that the president lacks the ability to tackle the economic crisis bedevilling the nation.
TVN reports that Nigerians, particularly youths who are frustrated by the economic reality, have vowed to stage mass protests nationwide.
According to the flyers making the rounds, the protest has been scheduled for August 1 to 10.
Some X users who were campaigning for the protest threatened that if the protest is disrupted by security operatives, they would demand Tinubu’s immediate resignation.
Below are some of the posts on X as compiled by TVN:
@j_samdavid wrote: “As we mount the barricade in August to rage, the APC urchins, the police, the army and all the trigger-happy state apparatus of the elite ruling class should know that if any one of the masses protesting should be wounded or killed, we will come for Tinubu #TinubuMustGo.”
@PhCity_Oracle wrote: “Built a N21 B mansion for Shettima but asked Nigerians to be patient. Bought a N5B presidential yacht for Tinubu – approved 70000 naira for the NLC and TUC. Bought N150 B presidential jet but shared rice with Nigerians. #RevolutionNow #TinubuMUSTGo #EndBadGovernanceInNigeria.”
@Jrnaib2 wrote: “Do you know that majority of Nigerians are committed to the One Term President, OTP Project? Join the patriotic movement now! #TinubuMUSTGo.”
@Verydarkman wrote: “Dear Nigeria Youth. Make sure you come out for the protest and never give up. As you can see, they are already developing cold feet. NIGERIA BELONGS TO ALL OF US. #TinubuMUSTGo.”
Anti-government protest: TinubuMustGo hashtag trends on social media

Police dismisses report on abduction of 11 passengers in Enugu

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The Enugu State Police Command has dismissed as misleading a report on the abduction of 11 people at the Amechi-Idodo area of the Enugu/Abakaliki Expressway on Wednesday.
The command’s spokesman, Daniel Ndukwe, said in a statement on Friday in Enugu that the report was aimed at creating panic in the state.
Ndukwe said that the stance given in an online publication was a total distortion of facts surrounding the incident of an attempted abduction along the road.
The spokesman pointed out that a joint security team moved to the Enugu/Ebonyi States border point along the highway after receiving a report on the activities of criminals and rescued the occupants of a commercial bus in the area.
He said: “Hence, they rescued 13 occupants of a Nissan commercial bus. However, three others, who scampered into nearby bushes upon the attack, are yet to be located.
“The Commissioner of Police, Enugu State, Mr. Kanayo Uzuegbu, has ordered the sustenance of ongoing operations to locate and rescue the three missing victims and also hunt down the assailants.
“The commissioner further cautions reporters and publishers to always verify their facts before going to press.”
The post Police dismisses report on abduction of 11 passengers in Enugu appeared first on Latest Nigeria News | Top Stories from TVN.

Niger Republic jailbreak: Immigrations steps up border patrol in Niger

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The Niger State Command of the Nigeria Immigration Service, NIS, has beefed up its presence and intensified its patrols across border communities to curb the influx of hardened terrorists into the state.
A statement signed by the command’s head of the Media and Public Relations Unit, Mukhtar Abubakar, in Minna, said that the step was taken to nip in the bud any unforeseen security breaches.
He said the move was a result of a memo that directed state and zonal commands of the service to intensify and increase their patrol of border towns to curtail the influx of some notorious terrorists that escaped from prison due to a jailbreak in the Niger Republic.
Abubakar explained: “The memo from the Controller General of the Service, Kemi Nana Nandap, directed all immigration formations within border communities in their respective states and zonal commands to be on the alert to curtail the movement of unusual faces within the border areas.”
Abubakar further asserted that the command has already placed men on border patrol and on red alert to assist in intensifying their patrols along the border towns across the state to checkmate suspicious movement.
According to him: “We are not taking any chances. We are already on top of the situation to curtail and checkmate any unusual movement in our border communities in the state.
“Our border patrol squads are already on top of the situation with the aim of checking the influx of suspicious movement of any character within our border towns and communities.”
He also urged the general public to assist the command with useful and credible information on the strange faces in their midst to assist the command in taking proactive action.
Niger Republic jailbreak: Immigrations steps up border patrol in Niger

NGX: Equities market ends week with N20bn gain for investors

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The Nigerian equities market ended the week’s trading with a N20 billion gain for investors on Friday.
This followed an increase in the share prices of stocks like SOVRENINS, CUSTODIAN, and NAHCO amongst others on the trading floor today.
After five hours of trading at the capital market, the equity capitalization increased to N56.92 trillion from N56.90 trillion posted by the bourse on Thursday.
The All-Share Index (ASI) increased to 100,539.40 from 100,503.21 recorded the previous day.
The market breadth was negative as 16 stocks advanced and 28 declined, while 71 others remained unchanged in 9,988 deals.
SOVRENINS, CUSTODIAN, and NAHCO led other gainers with 4.26%, 4.17%, and 3.41% growth in share price each to close at N0.49, N10.00, and N39.40 from the previous N0.47, N9.60, and N38.10 per share.
On the flip side, CUTIX, ABC TRANS, and TANTALIZER led other price decliners as they shed 8.55%, 8.33%, and 8.16% each to close at N5.99, N0.77, and N0.45 from the initial N6.55, N0.84, and N0.49 per share.
On the volume index, FCMB led trading with 114 million shares valued at N869 million in 218 deals followed by JAIZ BANK which traded 103 million shares valued at N224 million in 151 deals.
UCAP traded 56 million shares valued at N2.29 billion in 1480 deals.
On the value index, UCAP recorded the highest value for the day trading stocks worth N2.29 billion in 1480 deals followed by GTCO which traded equities worth N1.69 billion in 521 deals.
ZENITH BANK traded stocks worth N1.09 billion in 569 deals.
By: Babajide Okeowo
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