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EFCC: Top government officials involved in illicit financial flows
The Economic and Financial Crimes Commission (EFCC), has accused Nigerian leaders and top government officials of aiding the Illicit Financial Flows (IFF) activities in the country. The EFCC also revealed that corrupt government officials and their private sector collaborators used fronts and ownership structures that do not provide sufficient information about the true identities of the natural persons behind the title to hide illicit money and transferred same to safe havens abroad. The Executive Chairman of the EFCC, Mr. Abduralsheed Bawa, disclosed this during a one-day conference that was organised by the Civil Society Legislative Advocacy Centre (CSLAC) on IFF on Corruption in Arbitration in Abuja Bawa, who was represented by the Head of Research Unit, Department of Policy Research a...
Presidency: One million Nigerians benefitting from survival fund
The Presidency yesterday said that over one million Nigerians have so far benefitted from the Survival Fund scheme under the Federal Government’s Economic Sustainability Plan (ESP). The Presidency said there are 500,000 beneficiaries from the MSMEs Payroll support track, 44,500 under the one-off General MSME Grant, and another 265,425 under the artisan support track, among others. Recall that payment to new beneficiaries of the Payroll Support track and the one-time General MSME Grant had commenced at the end of April. A statement by the Senior Special Assistant to the President on Media and Publicity, Office of the Vice President, Mr Laolu Akande, in Abuja last night explained that so far, under the ESP there are currently over one million beneficiaries nationwide from the various schemes...
Niger Delta: President Buhari has surpassed all past presidents – NYCN
National Youth Council of Nigeria (NYCN) on Sunday said that President Muhammadu Buhari has surpassed all past Presidents of the country in the development of the Niger Delta region. The Council said the array of projects that now littered the coastal area was however made possible by the current Minister of Niger Delta Affairs, Senator Godswill Akpabio. The youths, therefore, warned the region’s politicians against blackmailing Buhari and Akpabio. The youths also threw their weight behind the interim sole administrator of the Niger Delta Development Commission (NDDC), Effiong Akwa for his prudent, transparent, and frugal management of resources which they said witnessed the execution of the projects within a short period of time. In a communiqué issued after a 3-week tour and assessment o...
EFCC arrests bank staff for ‘N34 million fraud’
The Lagos Zonal Office of the Economic and Financial Crimes Commission, EFCC, has arrested one Elizabeth Modupe Osunjuyigbe, an employee of Access Bank Plc, for an alleged fraudulent diversion of funds to the tune of over N34m (Thirty-four Million Naira). The suspect, who was arrested on Friday April 30, 2021, allegedly sent a fraudulent request sometime in January to the Branch Service Manager of Access Bank, Adeola Odeku, Lagos State, to issue a draft of the sum of N31, 330, 165. 00 (Thirty One Million, Three Hundred and Thirty Thousand, One Hundred and Sixty-five Naira) in favour of one Best Timland Nigeria Limited. Investigations revealed that the suspect allegedly forged a solicitor’s letter dated January 19, 2021 directing the bank to issue the draft in favour of Best Timland, claimi...
‘Rent’ Musical Celebrates 25th Anniversary
The musical was Rent and it’s celebrating its silver anniversary this year with an online gala and a lot of gratitude from generations of fans. Jonathan Larson’s tale of free-spirited artists and street people in New York’s gritty drug- and AIDS-plagued East Village of the early 1990s was inspired by Puccini’s “La Boheme” and found a ready-made audience in young people. “It gives people hope who feel that ‘I’m different’ and ‘I don’t fit.’ This says ‘It doesn’t matter,’” says James Nicola, artistic director of New York Theater Workshop, which nurtured “Rent.” ”It says, ‘You can go out and make your own community.’” New York Theater Workshop will celebrate “Rent” with a gala on March 2 that will be available to stream through March 6. Original cast members will be joined by theater stars su...
