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Police arrest kidnappers of Imo Catholic bishop

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‘Pretty Mike’ arrested over Cubana Club’s coronavirus violation

The police in Lagos have arrested a socialite and Instagram celebrity, Mike Eze, aka Pretty Mike, for allegedly facilitating operations at Cubana Nightclub in Victoria Island, Lagos State. The Lagos State Commissioner of Police, Hakeem Odumosu, while parading 172 persons arrested for flouting COVID-19 protocols after a raid on the nightclub, had called for the arrest of the owner. According to Lagos State Police Public Relations Officer, Muyiwa Adejobi, Pretty Mike’s, who was a consultant for the club, allegedly facilitated its operations on the day the police raided. Adejobi said: “We picked him as a consultant for Cubana club. He allegedly facilitated the operations of the club on that day and he will be charged to court. We have our findings that he is the consultant/manager of that clu...

Okomu Oil Palm wants central bank to review anchor borrowers programme

Okomu Oil Palm Company Plc. wants a review of CBN’s Anchor Borrowers Programme (ABP) to accommodate more farmers and to shore up the nation’s foreign earnings from agriculture. The ABP is targeted at smallholder farmers engaged in the production of rice, maize, wheat and cash crops like oil palm, cocoa and rubber, among others. Speaking with newsmen on Monday in Benin, Okomu Oil’s Managing Director, Dr Graham Hefer, noted that cash crop farmers were yet to fully benefit from the programme. He said food crop farmers had an edge because they could cultivate, harvest, sell and repay their loans within the specified one year period. “It is easy for farmers engaged in annual crops to meet their targets. “This doesn’t happen with cash crops because in the first three years of oil palm production...

Nigerian government to launch new pricing framework for gas operations

The chairman of National Gas Expansion Programme (NGEP), Mohammed Ibrahim, says the federal government will launch a new pricing framework to regulate operations in the gas sector. He was speaking on Friday at the 12th Nigerian Gas Association international conference. Represented by Olasupo Agbaje, a member of NGPE, Ibrahim said Nigeria needs to unlock new frontiers in the gas sector. He said the government is working towards achieving a 40 per cent conversion from petrol to gas for vehicles in the country. “As a nation we are committed to unlocking new frontiers through a combination of policy and technology. In terms of unlocking these frontiers, we find that we need to undertake a pricing framework review that has been concluded and in the next few days, we are going to be having a new...

NEMA begins distribution of N500 million relief material to flood victims in Imo

The National Emergency Management Agency (NEMA) has commenced the distribution of relief materials worth N500 million to flood victims in eight Local Government Areas in Imo State. The operations, said the Head of Imo/Abia Operations of the agency, Evans Ugoh, is in fulfilment of the assurance from NEMA Director-General Mr Mohammed Mohammed that the agency will continue to support victims of disasters across the country. Ugoh listed benefiting local governments areas during the flag-off of the distribution on Tuesday to include Ohaji-Egbema, Oguta, Obowo and Ihite-Uboma. Others are Isiala-Mbano, Mbaitoli, Ikeduru and Owerri West local government areas. He disclosed that flood and windstorm ravaged many homes in Imo in 2020 which he said attracted NEMA to give assistance to affected communi...

NDLEA intercepts container containing two million capsules of Tramadol in Apapa port

The National Drug Law Enforcement Agency (NDLEA) has announced the interception of a container load of Tramadol at the Apapa seaport in Lagos, just as 90 persons including an Indian were caught in its dragnet during raids of some drug cartels in parts of Lagos where a total of 614.396 kilograms of various hard drugs were reportedly seized. A breakdown showed that at the Apapa seaport, about two million capsules of Tramadol (precisely 1,994,400 capsules) tucked in 554 cartons were intercepted in the container, which was falsely declared to contain ceramic tiles. NDLEA Apapa Seaport Area Commander Samuel Gadzama said one of the containers bearing the illicit drug had been intercepted and seized in Kenya, according to a statement by its Director of Media and Advocacy, Mr Femi Babafemi on Wedn...

Crypto ban: We acted in Nigerians’ best interest – CBN

The Governor, Central Bank of Nigeria (CBN), Mr Godwin Emefiele, says the Bank’s decision to prohibit deposit money banks, non-banking institutions, and other financial institutions from facilitating trading and dealings in cryptocurrency is in the best interest of Nigerian depositors and the country’s financial system. Mr Emefiele made the declaration on Tuesday, February 23, 2021, while briefing a joint Senate Committee on Banking, Insurance and Other Financial Institutions; ICT and Cybercrime; and Capital Market, on its directive to institutions under its regulation. Describing the operations of cryptocurrencies as dangerous and opaque, the CBN Governor said the use of cryptocurrency contravened an existing law. He said given the fact that cryptocurrencies were issued by unregulated and...

Nigerian Navy destroys 15 militant camps in Akwa Ibom, Rivers

Getty Images The Nigerian Navy Ship, NNS Jubilee, in Ikot Abasi local government area of Akwa Ibom state, said it has destroyed 15 militants camps within its area of jurisdiction in Akwa Ibom and some parts of Rivers state. The Commander, NNS Jubilee, Commodore Abdulmajid Ibrahim, who disclosed this to newsmen on Thursday at the base in Ikot Abasi local government area, Akwa Ibom state said the militant camps were discovered and destroyed during its anti-piracy and anti-sea robbery operations. He stated that the destruction of the militants’ camps by the Nigerian Navy was made possible through the raid of some of the 1,800 creeks within its jurisdiction, adding that the joint patrol operations of the Navy and Nigeria Police have resulted in relative peace and security in the area as well a...