Economic
NSA, Northwest governors to meet in Kaduna over rising insecurity
The National Security Adviser, Maj. Gen. Babagana Monguno (Retd) and all the seven governors from the North-West region of the country have scheduled a town-hall meeting for Monday in order to address growing insecurity in the region. It was gathered that the meeting, which will hold in Kaduna, was convened on the heels of recent disagreements among some of the governors which border on whether to give amnesty to bandits or not. Newsmen report that Kaduna State Governor, Nasir El-Rufai said that his administration was at war with bandits and so cannot negotiate with them. The governor, in an interview with BBC Hausa radio as monitored on Monday, also ruled out the issue of forgiveness and compensation for bandits being advocated by the state based Islamic Scholar, Dr Ahmad Gumi. But Kano S...
Official: Nigerian government to establish central database for forfeited assets
The Federal Government’s inter-ministerial committee on assets disposal said Tuesday that it would create a central database of assets for finally forfeited assets. The chairman of the committee, Dayo Apata, said this during a courtesy visit of the committee to the headquarters of the Economic and Financial Crimes Commission (EFCC) in Abuja. Mr Apata, who is the Solicitor-General of the Federation and Permanent Secretary, Ministry of Justice, said: “the committee will create a central database of assets that had been forfeited to the Federal Government to ensure the Federal Government gets value for all the forfeited assets”. “Introducing uniform process of assets disposal, and avoiding wastages, so that the Federal Government can have the full benefit of what has been forfeited,” a statem...
Sudan announces new cabinet with ex-rebels as ministers
Sudan’s Prime Minister Abdalla Hamdok announced Monday a new cabinet bringing in seven ex-rebel chiefs as ministers, following a peace deal in October aimed to end decades of war. Veteran rebel leader and economist Gibril Ibrahim, of the Justice and Equality Movement (JEM) – which played a major role in the Darfur conflict – was appointed as Sudan’s new finance minister. “We have reached consensus on over 25 ministries,” Hamdok said, during a press conference in Khartoum. “This line up aims to preserve this country from collapse… we know there will be challenges but we are certain that we will move forward.” Hamdok dissolved the previous cabinet on Sunday to make way for a more inclusive line up in government. Two ministers were selected from the military, with the remaining coming from th...
Ex-President Obasanjo: Why Peter Odili didn’t emerge Umaru Yar’Adua’s running mate
Former President Olusegun Obasanjo has disclosed the behind-the-scene details of how former Rivers Governor Peter Odili lost out in the race to emerge late President Musa Yar’Adua’s running mate in 2007. Odili was a leading contender for the vice presidential slot but lost out in dramatic manners at the Peoples Democratic Party (PDP) national convention in Abuja. Obasanjo, who was handing over after a two-term rule, said Odili was favoured for the slot but was dropped because of corruption cases with the Economic and Financial Crimes Commission (EFCC). Speaking on Sunday in a virtual interview with historian and academic Toyin Falola, Obasanjo said: “Now, we needed a running mate for Yar’adua. There were two possibilities – the first possibility was Peter Odili. “Peter Odili was a much str...
EFCC arrests 10 ‘internet fraudsters’ in Abuja
The Economic and Financial Crimes Commission has arrested 10 suspects over computer-related fraud known as ‘Yahoo-Yahoo’ They were arrested at their Academy in Bwari axis of Abuja where they were said to be learning the trade of cyber trickery. The suspects aged between 20 and 30 years, are Sixtus Jude, Moses Samuel, Isalan Johnny, Dapet Nimshak, Samuel Ogboche, Victor Samuel, Victor Asuquo, Ibrahim Yunusa, Yahaya Usman and Chijoke Ikwuoha. The Head of Media and Publicity of the EFCC, Mr. Wilson Uwujaren, who disclosed this in a statement to newsmen, said the suspects were arrested with different incriminating items such as mobile phones and computers. Uwujaren said how that the promoter of the ‘academy’ was at large. “Investigations showed that they sponsor recruits and train young indivi...
EFCC arrests 30 internet fraud suspects
The Economic and Financial Crimes Commission (EFCC) said on Friday that its operatives arrested 30 cyber fraud suspects in Enugu, Enugu State. The commission’s spokesperson, Wilson Uwujaren, said in a statement that the suspects were arrested at Thinkers Corner Extension in Enugu on Thursday. According to him, the arrest followed intelligence obtained by the commission. He said some exotic cars were recovered from the suspects. Read the statement in full: EFCC Press Release EFCC Arrests 30 Suspected Internet Fraudsters in Enugu Operatives of the Economic and Financial Crimes Commission, EFCC, Enugu Zonal office on Thursday January 28, 2021 arrested 30 (Thirty) suspects for various internet-related offences in Enugu. Their arrest at Thinkers Corner Extension, followed actionable intelligenc...
Timi Frank: Sack, appointment of service chiefs late
Silverbird Television Former Deputy National Publicity Secretary of the All Progressives Congress (APC), Comrade Timi Frank, on Tuesday, attributed the rising spate of insecurity in the country to the retention, for far too long, of Service Chiefs who were no longer delivering as expected by President Muhammadu Buhari. Frank who was reacting to what he described as the earlier reluctance and eventual sack of the Service Chiefs, as well as appointment of new ones in a statement in Abuja, lamented that despite a whooping one term and a quarter of Buhari’s administration (about six years), that the administration “has not achieved any decisive victory against Boko Haram, murderous herdsmen, bandits and kidnappers.” “It became apparent early in the life of this regime that the set of Security ...
NIMC insists on deadline for linking of NIN to mobile numbers
File Photo Despite criticisms from many Nigerians of the two-week ultimatum for the registration and linking of National Identity Number (NIN) to mobile numbers, the federal government has insisted on the deadline. The director-general of the National Identity Management Commission, (NIMC), Aliyu Abubakar, in an interview with newsmen on Friday said there was no extension for the announced deadline. “Right now, the way it is, there is no extension. We should not be complaining, rather we should see how it can be done,” he said. “It is until after 10 to 12 days then we will see how far it has gone before we beg the government for anything.” When the agency issued a two-week ultimatum for the enrolment, Nigerians took to social media platforms to kick against such a deadline. “In the whole o...
Court remands Abdulreasheed Maina in prison custody
The Federal High Court in Abuja, on Friday, remanded the former Chairman of the defunct Pension Reform Taskforce Team, Abulrasheed Maina, in prison custody. The remand order came barely 24 hours after Maina who is answering to a 12-count money laundering charge, was arrested at Niger Republic and extradited back to the country by the Interpol. The former pension reform boss jumped bail since September 29 and refused to appear for continuation of his trial. Following his arrest, the Economic and Financial Crimes Commission, EFCC, on Friday, produced him Defendant in court. The anti-graft agency, through its lawyer, Mr. Mohammed Abubakar, further applied that he should be remanded in custody of the Nigerian Correctional Service. Mohammed reminded the court that Maina’s re-appearance was sequ...
Court refuses to order Femi Fani-Kayode’s arrest for not attending trial
A Federal High Court in Abuja declined on Wednesday the application for the issuance of bench warrant against former aviation Minister, Femi Fani-Kayode, being tried for alleged money laundering related offences. At the mention of the case on Wednesday, lawyer to the prosecution, Mohammed Abubakar, noted that Fani-Kayode was absent. Abubakar recalled that Fani-Kayode had been absent in court on two other days and argued that the defendant was scheming to evade trial. He then applied to the court to revoke the bail granted the defendant, issue bench warrant for his arrest and order the issuance of summons on his surety to show cause why he (the surety) should not forfeit the bail bond he endorsed. Defence lawyer, Wale Balogun, objected to the request made by the prosecution and argued that ...
Ex-HoS Winifred Oyo-Ita, others ask court to adjourn ‘N570 million fraud’ case indefinitely
Former Head of Service of the Federation, Mrs. Winifred Oyo-Ita, on Tuesday, urged the Federal High Court, Abuja, to adjourn her ongoing trial sine die over alleged Economic and Financial Crimes Commission (EFCC)’s abuse of court process. Also making the plea for the adjournment before Justice Taiwo Taiwo were the 7th, 8th and 9th defendants in the money laundering charges. Newsmen report that while Ubong Okon Effiok, his two companies; U & U Global Services Ltd and Prince Mega Logistics Ltd are 7th, 8th and 9th defendants respectively, Frontline Ace Global Services Ltd and Asanaya Projects Ltd are 2nd and 3rd defendants in the trial. Others in the case include Garba Umar, and his two companies; Slopes International Ltd and Gooddeal Investment Ltd as 4th, 5th and 6th defendants respect...
Federal government launches portal for exited N-Power beneficiaries to apply for central bank empowerment options
The federal government has launched a portal for exited N-Power beneficiaries to apply for Central Bank of Nigeria, CBN, empowerment options. Ministry of Humanitarian Affairs, Disaster Management and Social Development, which announced the launch of the portal in a statement, explained that the platform was developed in collaboration with the CBN. The platform, according to the statement released, Friday, by Nneka Anibeze, Special Assistant to the Minister, Sadiya Umar Farouq,” will enable exited N-Power beneficiaries to log on and apply for the various economic, empowerment and entrepreneurship options provided by the CBN.” In the statement signed by the Permanent Secretary of the ministry, Bashir Nura Alkali, the Minister Sadiya Umar Farouq urged and encouraged interested exited benefici...
