The Economic and Financial Crimes Commission, on Wednesday, said ex-Kogi State governor, Yahaya Bello, who is accused of N80.2bn fraud, had ridiculed the Nigerian justice system by failing to present himself for trial in court. The EFCC acting Zonal Director, Benin Zonal Command, Mr Effa Okim, stated this during a familiarisation visit to the Delta State Council of the Nigeria Union of Journalists in Asaba, Delta State capital. The EFCC is having a running legal battle with Bello over alleged N80.2bn fraud. Following a failed attempt to arrest him and…
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APC Can Only Win Elections ln Nigeria By Rigging,Lukman Alleges
The immediate-past National Vice Chairman, North West, of the ruling All Progressives Congress APC and former Director General of the Progressive Governors’ Forum,PGF, Salihu Lukman has ditched the party, saying it has outlived its usefulness and can no longer win elections without rigging. In a statement, Wednesday, Lukman said he found it necessary to write to a few leaders of the party and try to clarify his position regarding the situation both in the party and in the country. In his words: “First, it is a shared concern of most…
Read More14 proposed new states as Reps consider requests
There are indications that the House of Representatives would consider proposals for the creation of new states as part of the ongoing review of the 1999 Constitution (as amended).So far, members of the House and some interest groups have presented about 14 proposals from different parts of the country to the Green chamber. There are currently 36 states in the country distributed unevenly among the six geo-political zones. The South South, South West, North Central, as well as North East, have 6 states each, North West has seven states,…
Read MoreImo Commercial Drivers Threaten Protest Over Alleged Imposition Of New Waste Buckets By ISWAMAC
…May head to court “We can’t throw away our old waste buckets because of revenue” There are emerging indications that commercial drivers in Imo State may storm the streets any time soon in protests, following alleged moves by the Imo State Waste Management Company, ISWAMAC, to compel the drivers to purchase new green waste buckets for their vehicles despite that many of them already have the same green waste buckets in their vehicles.A source hinted Nigeria Newspoint that ISWAMAC was allegedly attempting to compel all commercial drivers in the…
Read MoreImo sends delegation to bring back trafficked girls from Ghana
Imo State Governor, Hope Uzodimma, and his wife, Chioma, have dispatched a delegation to the Ghanaian government to bring back teenage girls who were forcibly trafficked to the neighbouring country. The move followed a recent viral video, which showed the girls. The delegation had a mandate to explore all diplomatic avenues to bring back the girls. It was led by Deputy Speaker of the Imo State House of Assembly, Amara Chyna Iwuanyanwu. The Commissioner for Social Welfare, Mrs Nkechi Ugwu, was also on the team. Receiving the delegation in…
Read MoreHezekiah University Holds 9th Matriculation In Imo
The Hezekiah University, Umudi, Nkwerre, Imo State, easily rated the University of the moment has successfully done her ninth matriculation ceremony at the University premises. The Matriculants were drawn from the University’s three faculties of Humanities, Business and Social Sciences and Natural and Applied Sciences. In his address after the usual procession and opening formalities, the Acting Vice- Chancellor, Prof Anthony Nnamdi Okere regretted that the present day society is awash with physical and psychological ideologies in the media and internet that tend to destroy the fabrics of the family…
Read MoreHezekiah University Holds 9th Matriculation In Imo
The Hezekiah University, Umudi, Nkwerre, Imo State, easily rated the University of the moment has successfully done her ninth matriculation ceremony at the University premises. The Matriculants were drawn from the University’s three faculties of Humanities, Business and Social Sciences and Natural and Applied Sciences. In his address after the usual procession and opening formalities, the Acting Vice- Chancellor, Prof Anthony Nnamdi Okere regretted that the present day society is awash with physical and psychological ideologies in the media and internet that tend to destroy the fabrics of the family…
Read MoreBANKING: AFTER 35 YEARS OF ACTIVE SERVICE FOUNDER OF STANBIC IBTC BANK, ATEDO PETERSIDE RETIRED AT 68 YEARS
“The boards of Standard Bank Group and SBSA express sincere gratitude to Dr Guan and Mr Peterside for their exemplary leadership and significant contribution during their tenure on the boards; and wish them well in their future endeavours’’ The founder of Stanbic IBTC Bank, Atedo Peterside, has retired as a non-executive director of the lender. Peterside who took to his X handle today stated that appreciated both lenders: Stanbic IBTC & @StandardBank ZA, saying “This has been an incredible 35-year journey that ends today, 10 June…
Read MoreMinimum wage talks: Labour considers N100,000, Tinubu issues ultimatum
President orders minister to calculate cost, Labour gives one-week ultimatum Organised Labour may settle for N100,000 minimum wage as the Tripartite Committee on National Minimum Wage commences daily meetings for five days to reach a consensus.Multiple sources in the labour movement told The PUNCH on Tuesday that the union leaders were willing to review their demand from N494,000 to N100,000, following the criticism and controversy that trailed their proposal which was considered outrageous and unrealistic.In a statement by his media aide, Rabiu Ibrahim on Saturday, the Minister of Information…
Read MoreThe coming chaos in the banking industry
By Gambo Dori The hammer wielded by the Central Bank of Nigeria (CBN) that suddenly fell on Heritage Bank is, from my perspective, a forerunner to the coming chaos in the banking industry. A few days ago, the country woke up to the CBN’s announcement withdrawing the licence of the Heritage Bank. The bank has been tottering for quite some time. In the few days before the hammer descended, there was the classic run on the bank, with depositors thronging its premises but failing to make withdrawals from their accounts.…
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