Exposed! Name of Nigerian Gov. who helped Abacha loot $23 million recently recovered by UK Govt.

A new published report by an online media platform, yesterday, has exposed the people who helped a former Nigerian dictator, Sani Abacha steal $23 million recently recovered by the National Crime Agency, (NCA), of the United Kingdom (UK). The millions of dollars was forfeited by the Late Abacha’s son, Mohammed, and an offshore company Mecosta Securities Inc, according to the British agency. According to the report, further investigation, based on the NCA’s exclusive disclosure and analysis of leaked financial records and court documents, shows that Mecosta’s account in London, from…

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INEC chairman, CCB dragged to court over failure to declare assets

The chairman of the Independent National Electoral Commission, (INEC), Prof. Mahmood Yakubu, has been dragged before a Federal High Court sitting in Abuja, over alleged failure to declare his assets. Also joined in the suit marked FHC/ABJ/CS/33/2021 is the Code of Conduct Bureau (CCB). In the suit, the plaintiff, Hon. Emmanuel Agonsi, is praying the court to compel CCB to make Yakubu’s asset declaration form public. He is seeking an order of mandamus directing and compelling the 1st Respondent, the CCB, either by its staff, officers, privies, servants or otherwise…

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Emefiele bags Forbes ‘Best Of Africa Lifetime Achievement’ award

Forbes New York has honoured the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, with the Forbes ‘Best of Africa Lifetime Achievement Award‘.  In its letter of award to Emefiele and signed by the president, Customs Solutions Media for Forbes Media, Mark Furlong, Forbes disclosed that it decided to honour the CBN governor on the grounds of his remarkable performance and pacesetting achievements at the apex bank. Forbes in partnership with Foreign Investment Network (FIN) also issued Emefiele with its Certificate of Distinction.  It added that Emefiele has…

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2023: APC to hold screening of presidential aspirants on May 23rd

…Threatens aspirants with dubious, criminal records The All Progressives Congress (APC) has fixed May 23rd for the screening of its presidential aspirants for the 2023 general elections. The Party’s National Organising Secretary, Suleiman Argungu, disclosed this on Saturday, in Abuja, when he fielded reporters’ questions shortly after the inauguration of chairmen and secretaries of the party’s screening committees for House of Representatives, Senate and governorship aspirants. The APC Special Convention for the presidential primaries would hold from May 30 to June 1. According to Argungu: “The screening for the presidential…

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FG orders resumption of Abuja-Kaduna train service

The Abuja-Kaduna train service will resume on May 23, the Federal Government announced yesterday. Recall that train services had been suspended on the route after terrorists attacked a train, fatally shot several persons, and abducted scores of passengers in March. Most of those abducted are still in captivity. In an issued statement, signed by the spokesperson of the Nigerian Railway Corporation, (NRC), Yakubu Mahmood, said the decision to resume services does not mean efforts to secure the safe release of those abducted will be put on hold. The families of…

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Nigerians to pay more for bread as wheat prices hit record high

The global price of wheat, yesterday, reached a record high at €435 ($453) per tonne in the European market. The price of the commodity continued to soar following supply disruptions linked to Russia’s invasion of Ukraine. The Food and Agriculture Organisation (FAO) of the United Nations, (UN), had said both countries accounted for around 30 percent and 20 percent of global wheat and maize exports, respectively. The surge in prices, worsened by fertiliser shortages and poor harvests, has also caused inflation globally and raised fears of famine and social unrest…

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Airline operators announce flight disruption over scarcity of aviation fuel

The Airline Operators of Nigeria, (AON), have announced plans to disrupt scheduled flight operations over the scarcity of aviation fuel. The development was contained in an issued statement, signed by its spokesperson, Prof. Obiora Spokesman, titled: ‘Public Notice: Disruptions in-flight operations’, yesterday. The operators, in a statement, lamented that aviation fuel scarcity would lead to flight rescheduling and cancellations. The notice read: “The Airline Operators of Nigeria wish to alert the public of impending disruptions to scheduled flight operations of members of the association. This development is being forced on…

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Electoral Act 2022: Supreme Court to hear suit by Buhari, AGF Malami Thursday

Nigeria’s Supreme Court has scheduled a hearing for May 19 in the suit by President Muhammadu Buhari and the Attorney-General of the Federation (AGF) and Minister of Justice, Abubakar Malami, (SAN). The scheduling is not only reflected in the court’s case list for the week but it was gathered that parties have since been served hearing notices. The suit, filed on April 29, 2022, the National Assembly is listed as the sole defendant. The plaintiffs are contending among others, that the said section of the Electoral Act 2022 is in…

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Bandits kill seven people, abduct traditional ruler in Kano

No fewer than seven persons were killed by suspected bandits at Karfi community, in Takai local government area of Kano State. Residents said the gunmen also abducted the head of the community and injured three others. The State’s Police Command spokesperson, Abdullahi Kiyawa, told newsmen that security operatives were dispatched to the area and are trailing the criminals. A journalist, Sale Hussaini, told reporters yesterday that the gun-wielding persons launched the attack on Saturday around 11 p.m. and went straight to the residence of the traditional ruler, identified as Abdul-Hayatu…

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N80bn Money Laundering: EFCC nabs Accountant-General of the Federation, Ahmed Idris

Nigeria’s Accountant-General, Ahmed Idris, has reportedly been arrested over alleged money laundering and diversion of public funds. Those familiar with the development said Idris was intercepted in Kano by operatives of the Economic and Financial Crimes Commission, (EFCC), yesterday evening and was flown to Abuja, the nation’s capital, for interrogation. According to sources, the EFCC has for some time now been investigating a case of diversion of at least N80 billion in public funds which were allegedly laundered through some bogus contracts. The companies used in laundering the funds have…

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