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Home > Archives for > Page 148
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Nelson Ugwuagbo

Nelson Ugwuagbo

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Headlines

BREAKING: Dangote crashes diesel price from N1200 to N1,000 per litre

by Nelson Ugwuagbo April 16, 2024
written by Nelson Ugwuagbo

Dangote Petroleum Refinery has announced a further reduction of the price of diesel from 1200 to 1,000 naira per litre.

While rolling out the products, the refinery supplied at a substantially reduced price of N1,200 per litre three weeks ago, representing over 30 per cent reduction from the previous market price of about N1,600 per litre.

A statement by the organisation on Tuesday night explained the significant reduction in the price of diesel is expected to positively affect all the spheres of the economy and reduce the high inflation rate in the country.

April 16, 2024 0 comments
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EFCC
Headlines

JUST-IN: EFCC To Arraign Celebrity Bartender, Cubana Chief Priest, Over Naira Abuse

by Nelson Ugwuagbo April 16, 2024
written by Nelson Ugwuagbo

The Economic and Financial Crimes Commission (EFCC) will on Wednesday, April 17, 2024, arraign a businessman and socialite, Pascal Okechukwu, popularly known as Cubana Chief Priest, before the Federal High Court in Lagos over allegation of abusing the Naira currency.

Cubana Chief Priest will be arraigned before Justice Kehinde Ogundare on a three-count charge of allegedly spraying and tampering with the Naira notes at a social event contrary to the provisions of the Central Bank Act of 2007.

In the charge filed on April 4 by the EFFC’s prosecutor, Senior Advocate of Nigeria Rotimi Oyedepo, and seven other lawyers representing the executive chairman of the anti-graft Commission, it was alleged that Okechukwu Pasca on February 13, 2024, at Eko Hotel, within the jurisdiction of the court, while dancing during a social event, tampered with funds in the denomination of N500 (Five Hundred Naira) notes issued by the Central Bank of Nigeria by spraying same for two hours, and thereby committed an offence, contrary to and punishable under Section 21(1) of the Central Bank Act 2007.

In count 2, it was alleged “that you, Okechukwu Pasca,l sometime in 2020, in Lagos during a social event, tampered with funds in the denomination of N500 (Five Hundred Naira) issued by the Central Bank of Nigeria by spraying same for two hours, and you thereby committed an offence, contrary to and punishable under Section 21(1) of the Central Bank Act 2007.”

In Count 3, it was alleged: “that you, Okechukwu Pasca,l sometime in January 2024, in Lagos during a social event, tampered with funds in the denomination of N500 (Five Hundred Naira) issued by the Central Bank of Nigeria by spraying same and you thereby committed an offence, contrary to and punishable under Section 21(1) of the Central Bank Act 2007.”

Recall that the EFCC on April 5 secured the conviction of popular cross-dresser Idris Okuneye, also known as Bobrisky, on similar charges for which he was sentenced to six-month imprisonment.

April 16, 2024 0 comments
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Entertainment

BREAKING: Elon Musk introduces charges for posts by new X users

by Nelson Ugwuagbo April 16, 2024
written by Nelson Ugwuagbo

Elon Musk, the owner of microblogging platform, X, has disclosed plans to charge new users for posting on the platform.

Musk said charging new users is the most effective strategy to combat the proliferation of bots on the platform.

He made the remark in response to questions on the new X’s policy for newly created accounts,

Musk further disclosed that new users would be granted free posting privileges after a three-month period.

According to Musk: “Unfortunately, a small fee for new user write access is the only way to curb the relentless onslaught of bots.

“Current AI (and troll farms) can pass “are you a bot” with ease. The onslaught of fake accounts also uses up the available namespace, so many good handles are taken as a result.”

Musk had introduced a $1 per year charge for new users of the platform in New Zealand and the Philippines on October 17, 2023.

The charge was introduced to allow users from both countries have access to essential features such as tweeting, retweeting, liking posts, and replying to posts.

April 16, 2024 0 comments
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Headlines

BREAKING: President Tinubu declares April 7 as National Police Day

by Nelson Ugwuagbo April 16, 2024
written by Nelson Ugwuagbo

President Bola Tinubu has declared April 7 as National Police Day.

Tinubu, represented by Vice President Kashim Shettima, made this known on Monday night during the maiden edition of the Nigeria Police Awards and Commendations ceremony held in the Transcorp Hilton, Abuja.

The president identified a complete overhaul of institutional mentality and memory of police officers as fundamental in his administration’s ongoing bid to transform the force into a modern, professional and accountable institution.

According to Tinubu, his administration had initiated wide-ranging reforms to revitalize the nation’s police force since assuming office in 2023.

He, therefore, stressed the need to engage men and women of the force in training and capacity-building to equip them with the expertise required to carry out the arduous task of modern policing.

He also disclosed that the Federal Government had approved the first week of April as police week and the last day of the week as the National Police Day.

“Distinguished ladies and gentlemen, in our tradition of honouring the Police Force in the life of this great nation, we have approved the adoption of the first week of April as Police Week.

April 16, 2024 0 comments
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Headlines

BREAKING: One Chance Gang leader arrested for attacking pregnant woman, causing miscarriage in Abuja

by Nelson Ugwuagbo April 15, 2024
written by Nelson Ugwuagbo

The Nigerian Police has apprehended the leader of a “one chance” robbery gang in Abuja who physically attacked a pregnant woman, causing her to lose her pregnancy.

The Force Public Relations Officer, Olumuyiwa Adejobi, made this known on his X account on Sunday.

Adejobi wrote, “This is a ring leader of one chance robbery gang in Abuja. He used this wheel spanner to beat a pregnant woman (one chance victim) until she had a miscarriage. The woman had been waiting for a child for more than eight years.

“This is wickedness. Anyway, he’s having a trial in the court and has been arrested for the same offence again.”

April 15, 2024 0 comments
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Headlines

BREAKING: Nationwide blackout as national grid collapses again

by Nelson Ugwuagbo April 15, 2024
written by Nelson Ugwuagbo

Nigeria’s electricity grid has collapsed again,
The grid collapsed around 2:42 am on Monday, with generation dropping to 64.70megawatt.

Only one generation company, Ibom Power, was active according to data from the Independent System Operator (ISO), a branch of the Transmission Company of Nigeria, has shown.

This is the sixth collapse in 2024.
LeadingReporters gathered that as of 8am on Monday, the latest data from the ISO showed that the grid is currently generating 266.50mw of electricity from Okpai, Geregu and Ibom power.

Confirming the collapse in a statement, Jos DisCo said: “The current outage being experienced within our franchise States is a result of loss of power supply from the national grid. The loss of power supply from the national grid occurred in the early hours at about 0242Hours of today, Monday, 15th April 2024, hence the loss of power supply on all our feeders.”

The company’s head of Corporate Affairs, Dr Friday Adakole Elijah, expressed hope that the grid is restored for normal power supply to its esteemed customers.

April 15, 2024 0 comments
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Headlines

UPDATED: Kidnappers Demand 100M Ransom for Ex-Gov Ortom’s Aide’s Wife, Housemaid

by Nelson Ugwuagbo April 13, 2024
written by Nelson Ugwuagbo

Yet-to-be-identified gunmen who attacked the ex-Governor Samuel Ortom’s Chief of Staff, Terwase Orbunde, Friday evening and abducted his wife and housemaid have opened negotiations with the family demanding N100 million ransom for their release.

Orbunde who is currently receiving treatment in an undisclosed hospital in Makurdi for injuries he sustained from gunshot, told a close family member that the abductors spoke to him at about 8:30 am on Saturday themselves and through the captives.

According to him, “his wife and house help were very calm when they spoke with him.”

He revealed that during the attack which took place at about 6pm, the gunmen were speaking Fulani among themselves and communicated with him in Hausa saying they would contact him on phone.

Orbunde said they told him that he should be prepared to send money to them, vowing that if he failed to do that, they would kill his wife and maid.

It could be recalled that gunmen Friday, April 12, 2024 attacked Orbunde when he went to supervise work on his farm between Genocide Cemetery and Angus Memorial College, along Mobile Barracks-Welfare Quarters Road in Makurdi, the Benue State capital.

The former Chief of Staff was shot on the forearm while his wife, Kashimana Orbunde, and maid Patience Ogute, were abducted.

April 13, 2024 0 comments
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Health

Emefiele Regains Freedom After Meeting Bail Conditions

by Nelson Ugwuagbo April 12, 2024
written by Nelson Ugwuagbo

Former governor of the Central Bank of Nigeria, Godwin Emefiele, has met the bail conditions imposed on him by Justice Rahman Oshodi of the Lagos State Special Offences Court in Ikeja and subsequently released.

Emefiele met the bail terms before the court closed on Friday, and he was released after the court proceedings.

Justice Oshodi had granted Emefiele, who is standing trial before him over allegations of abuse of office and fraud, $4.5 billion and N2.8 billion bail with two sureties in like sum.

The judge also directed that the sureties must be gainfully employed and have paid tax to the Lagos State Government in the last three years.

The court further directed that the sureties must show proper identification, and they must be registered in the Lagos State Bail Management System.

Emefiele’s co-defendant, Henry Isioma-Omoil, was also granted bail by the court.

Isioma-Omoile is to continue to enjoy the conditions of the N1 million bail, earlier granted to him by Justice Olufunke Sule-Hamzat of the Lagos State High Court sitting in the Yaba area of the state

Justice Oshodi, however, ordered that the bail documents must be transferred to the Special Offences Court and that they must also be registered in the Lagos State Bail Management System.

The defendants were accused of accepting gratification, accepting gifts through agents, corruption, and fraudulent property receipts.

He was also accused of conferring corrupt advantage on his associates contrary to the Corrupt Practices Act of 2000 in the charge filed on April 3rd by the EFCC Prosecutor, Rotimi Oyedepo (SAN).

At the hearing on Friday, a prosecution witness, Monday Osazuwa, had narrated to Justice Oshodi how the former governor of the Central Bank of Nigeria (CBN) on different occasions directed him to collect the sum of $3 million cash in tranches.
Osazuwa, an employee of the CBN, also told the court that he collected the money from a businessman on behalf of Emefiele, who is accused of abuse of office and fraud of $4.5 billion and N2.8 billion.

While being led in evidence by the prosecutor, Osazuwa narrated to the court how he served as a dispatch rider in Zenith Bank and later joined the CBN running errands for the former CBN governor.

The witness told the court that he worked with Zenith Bank Plc as a dispatch rider till 2014 before he started working with the CBN.

Osazuwa said, “I joined the CBN in 2014 as a contract staff and became staff in 2015. I have known the first defendant since he was a Deputy Director of Zenith Bank, and he became Director. I have worked with him since then.”

Osasuwa said that he was later appointed a senior supervisor (full-time) to record and handle documents while working in the CBN Governor’s office in Lagos.

“I was still working in the governor’s office while I was appointed as a full staff, and we usually communicate through WhatsApp or email. I perform as a senior supervisor, recording and filing, with other official roles.

“When he called me, he directed that I call a businessman who gave me 11 million dollars on his behalf. Some weeks later, the first defendant also called me to go and see the man, and he gave me $850,000, $750,000 and $400,000 in cash,” he said.

Osazuwa further testified that he knew Dumies Oil and Gas Limited while in Zenith Bank and that the former governor, who was also the MD of the company, always sent him to collect cheques from one Monday.

The witness told the court that he always logged the money into the account of Dumies on the order of Emefiele.

Osazuwa also stated, “Whenever I receive the money and take it to the residence of Mr Emefiele, he always tells me to give it to the second defendant whenever he is not at home.

“I did not record transactions because the instruction was to collect and bring the money to his house. The highest amount I collected is $1 million in cash,” Osazuwa said.

The witness also told the court that the embattled former CBN governor had never rewarded him by giving him a part of the collected sum, saying, “He has never for one day said to take this. I have never been rewarded, paid or given anything.”

April 12, 2024 0 comments
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Headlines

BREAKING: Kidnapped Channels TV reporter regains freedom

by Nelson Ugwuagbo April 12, 2024
written by Nelson Ugwuagbo

Channels Television’s reporter, Joshua Rogers, who was kidnapped near his residence at Rumuosi in Obio/Akpor Local Government Area of Rivers State, on Thursday, has regained his freedom.

He was said to have been released around 10pm on Friday.

One of his colleagues with Channels TV in Port Harcourt, Charles Oporum, confirmed his release to news correspondent on Friday.

“Yes, he has been released. He was released about an hour ago, and he has reunited with his family,” Oporum said.

The management of the television station, in a short statement, also confirmed the development.

The statement read, “Channels Television reporter, Joshua Rogers, who was abducted last night in Port Harcourt, Rivers State has been freed.

“We thank our viewers and all those who expressed concern over the unfortunate incident.”

Rogers is the Government House, Port Harcourt correspondent for Channels TV.

April 12, 2024 0 comments
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Entertainment

BREAKING: Nollywood actor Junior Pope, 3 others dead in boat accident (VIDEO)

by Nelson Ugwuagbo April 10, 2024
written by Nelson Ugwuagbo

Nollywood actor Pope Odonwodo, popularly known as Junior Pope, reportedly passed away at 39.

His untimely demise was confirmed on Wednesday, April 10, following a devastating boat accident.

Filmmaker Sam Olatunji shared the heartbreaking news, revealing that Junior Pope, along with three others, lost their lives after their boat capsized while en route to a movie location.

Filmmaker Sam Olatunji shared the heartbreaking news, revealing that Junior Pope, along with three others, lost their lives after their boat capsized while en route to a movie location.

Olatunji posted a picture of Junior Pope with the caption below: “Four actors including Jnr Pope fell into Anam River on their way to location and their bodies have been recovered. What a sad day for Nollywood.

“Our thoughts and prayers are with the family. Multiple sources confirm this sad development to us.”

Watch the video below:

https://twitter.com/SeamarkShipping/status/1778097550047715427?t=wxjQ8GLEIo2jct8dqu1h0A&s=08
April 10, 2024 0 comments
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