A former Managing Director of the Niger Delta Development Commission( NDDC), has forfeited a sum of N250,000,000( Two Hundred And Fifty Million Naira only) to the Federal Government. Justice R.M Aikawa of the Federal High Court sitting in Lagos, recently granted the final forfeiture of the money, based on an application for final forfeiture of the fund by the Lagos zonal office of the Economic and Financial Crimes Commission( EFCC). The EFCC had approached the court, seeking the forfeiture of the fund, arguing that it was traced, recovered and reasonably suspected to be part of proceeds of unlawful activities. Specifically,…
Author: Ayo Oye
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Operatives of the Uyo zonal office of the Economic and Financial Crimes Commission, EFCC, have arrested two music producers and four others over their alleged involvement in cyber crimes in Uyo, Akwa Ibom State. The music producers are John Obot and Odok Valentine. Others are; Emdiong Iwoenang ; Christian Alvan Okechukwu, Innocent Japhet and Edem Uwana. They were arrested recently at their apartment located on 3 Ring Road, off Shelter Afrique, Uyo. Items recovered from them, at the point of arrest, are: five laptops; 11 mobile phones; one grey -coloured Mazda 3, a black- coloured Lexus ES 350 and a silver-…
By Tony Obiechina, Abuja African Export-Import Bank (Afreximbank) has disbursed US$200 million to Zenith Bank Plc Nigeria under its Pandemic Trade Impact Mitigation Facility (PATIMFA). The funds will assist Zenith Bank to continue to maintain foreign currency trade flows impacted by the COVID-19 pandemic. They will also allow Zenith Bank to on-lend to eligible sub-borrowers involved in the manufacture and supply of medical resources needed to combat the COVID-19 pandemic. Speaking on the facility, the Group Managing Director/Chief Executive of Zenith Bank, Mr. Ebenezer Onyeagwu said: “The Afreximbank facility undoubtedly underscores the confidence reposed in Zenith Bank, and it will…
Vice President Yemi Osinbajo has said that one of the ways by which Africa can maximise benefits is to ensure that trade negotiations with the rest of the world is based on the free trade agreement. The vice president said that the continent should explore the Africa Continental Free Trade Area (AfCFTA) agreement in trade discussions rather than deals separately endorsed by regional economic blocs. Osinbajo’s spokesman, Laolu Akande, in a statement in Abuja, said the vice president delivered a keynote at the 61st annual conference of the Nigerian Economic Society (NES) on Friday. The theme of the virtual event…
The Vice Chancellor of the University of Benin(UNIBEN),Prof Lilian Salami has approved a virtual matriculation for students admitted into the 2019/2020 academic session of the university. Dr Benedicta Ehanire,Public Relations Officer of UNIBEN disclosed this in a statement in Benin on Friday. “The event holds on Tuesday 15th September, 2020. “Only the university’s principal officers and a few designated officials as well as student representatives of the various college, schools, institutes and faculties are expected to be physically present”. “The provost, deans, directors, other matriculating students and members of the university community are to participate via a link that would…
The Nigerian Security and Civil Defence Corps (NSCDC), Lagos State Command, on Friday paraded two suspects for allegedly involving in illegal mining. The Commandant, Mr Iskil Makinde, at the parade in Lagos said the suspects: Tope Ajobiewe, 31, and Tolu Akiniyi, 30, were apprehended at Eleko in Ibeju Lekki, Local Government Area while excavating sand illegally. The News Agency of Nigeria (NAN) reports that the Federal Mines Officer in Lagos State, Mr . Ebere Korie , was present at the parade. The commandant said that the suspects were caught in the illegal act on a land which the suspects claimed…
The Commissioner of Police in Ondo State, Mr Salami Bolaji, has described the Thursday’s fire incident at the Independent National Electoral Commission(INEC) Headquarters, Akure as an unfortunate occurrence. Bolaji made the remark when he visited the scene of the inferno on Friday over reported destruction of two container loads of INEC card readers and other stationeries. The News Agency of Nigeria (NAN) reports that the inferno destroyed no fewer than 5,141 card readers meant for the state governorship poll on Oct. 10. According to him, the Police command, in conjunction with INEC management and the Ondo State Fire Service, will…
Gov. Seyi Makinde of Oyo State says his administration will remain focused on educational development, notwithstanding the growing developmental concerns in other sectors. This is contained in a statement issued by the Chief Press Secretary to the Governor, Mr Taiwo Adisa, on Friday. Adisa quoted Makinde as making the remark at a dinner in honour of the Executive Secretary of the Tertiary Education Fund (TETFund), Prof. Suleiman Bogoro, on Thursday at the Government House, Agodi, Ibadan. The governor said that his focus on free and qualitative education would remain unchanged, reiterating his commitment to moving Oyo State from poverty to prosperity.…
The Comptroller General, Nigeria Immigration Service (NIS), Mr Muhammad Babandede, has given travel advisory for China, Europe and North America bound passengers due to COVID-19. Babandede gave the advisory in a statement through the Service Public Relations Officer (SPRO) Mr Sunday James on Friday in Abuja. He said that the directives were necessary to enable passengers travelling to China, Europe and North America from Nigeria observe the required travel protocols as requested by the Chinese and French Embassies. According to him, all intending passengers to China are required to obtain COVID-19 negative test certificate before departing Nigeria for China. “This…
The All Progressives Congress (APC), stakeholders in Oyo State have pledged to work together toward building a strong and formidable party in the state. This is contained in a statement signed by Yekini Nabena, the APC Deputy National Publicity Secretary and made available to newsmen on Friday in Ibadan. The News Agency of Nigeria (NAN), reports that the party’s leadership and stakeholders from Oyo State had met on Thursday at the Plateau State Government lodge in Abuja. The statement said that the meeting was aimed at ensuring genuine reconciliation, lasting peace and unity among the stakeholders. The stakeholders assured the Gov. Abubakar Badaru-led reconciliation committee that…