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Police
Headlines

Police Arrests 113 Foreigners Over cybercrime Offences

by Nelson Ugwuagbo December 2, 2024
written by Nelson Ugwuagbo

The Nigeria Police Force (NPF) has announced the arrest of 113 foreign nationals involved in cybercrime operations during a coordinated effort by officers from Zone 7 Command and the National Cybercrime Centre (NPF-NCCC) in Abuja.

According to a statement issued by Police spokesman ACP Olumuyiwa Adejobi on Monday via X (formerly Twitter), the operation was conducted on November 3, 2024, in the Jahi area of Abuja. Substantial evidence linking the suspects to sophisticated cybercrime activities, including internet fraud and marketing scams, was uncovered during the raid.

Items recovered during the operation included:

A Toyota Tundra vehicle, Multiple laptops, smartphones, and tablets.
High-capacity servers, routers, and drones, specialized equipment for cyber and game consoles, identity cards, passports, and travel documents.
The suspects have been arraigned before the Federal High Court in Abuja on serious charges, including computer-related fraud, unlawful access to data, marketing scams, money laundering, conspiracy, and illegal immigration.

The NPF’s statement noted that the arrests followed extensive investigations that exposed the suspects’ involvement in a network of cybercrime, immigration offenses, and human trafficking.

“The Nigeria Police Force National Cybercrime Centre (NPF-NCCC) has compiled credible evidence against the suspects to ensure their prosecution under Nigerian law,” the statement read.

The NPF emphasized its commitment to collaborating with international law enforcement agencies and embassies to combat cybercrime and other transnational criminal activities. It vowed to hold perpetrators accountable and ensure justice is served.

December 2, 2024 0 comments
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Hunter Biden
Headlines

President Biden Issues Unconditional Pardon for Son Hunter Biden

by Nelson Ugwuagbo December 2, 2024
written by Nelson Ugwuagbo

President Joe Biden has issued an unconditional pardon for his son, Hunter Biden, who earlier this year became the first child of a sitting U.S. president to be convicted of a crime.

In June, Hunter was convicted on charges of illegal possession of a firearm and drug offenses, as federal law prohibits drug addicts from owning firearms. In September, he pleaded guilty to tax evasion charges.

Hunter Biden, 54, previously worked as a lawyer and lobbyist abroad, including in China and Ukraine. He was discharged from the U.S. Navy in 2014 after testing positive for cocaine.

In a statement accompanying the pardon, President Biden described his son as the victim of political persecution. “The charges in his cases came about only after several of my political opponents in Congress instigated them to attack me and oppose my election,” Biden said.

The president criticized the collapse of a plea deal negotiated between Hunter’s legal team and the Department of Justice, blaming political interference. “A carefully negotiated plea deal unraveled in the courtroom, with a number of my political opponents in Congress taking credit for applying political pressure on the process,” Biden stated.

The president defended his decision, saying he refrained from interfering in the Justice Department’s decisions. “No reasonable person who looks at the facts of Hunter’s cases can reach any other conclusion than Hunter was singled out only because he is my son — and that is wrong,” he said.

Biden also praised his son’s resilience, highlighting his sobriety. “There has been an effort to break Hunter — who has been five and a half years sober, even in the face of unrelenting attacks and selective prosecution. In trying to break Hunter, they’ve tried to break me,” the president said.

The pardon is not without precedent. In 2001, President Bill Clinton pardoned his half-brother, Roger Clinton, for a cocaine-related offense committed in 1985. In 2020, President Donald Trump pardoned Charles Kushner, his son-in-law’s father, who was convicted on charges of tax evasion, witness tampering, and illegal campaign contributions.

Biden acknowledged the political ramifications of the pardon but expressed confidence in his decision. “There was no sense in delaying it further,” he said. “I hope Americans will understand why a father and a president would come to this decision.”

December 2, 2024 0 comments
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Jigawa Governor
Headlines

Jigawa Governor Spends N1.5 Billion Building Mosques Amid Education Crisis

by Nelson Ugwuagbo December 2, 2024
written by Nelson Ugwuagbo

The Jigawa State government, under the leadership of Governor Umar Namadi, spent N1.5 billion in three months on constructing and renovating mosques and other religious structures, according to the state’s budget performance report obtained on the state’s website.

The report, titled Jigawa State Third Quarter (July – September) 2024 Budget Performance, was published on the state government’s website. It revealed that N1,040,000,000 was allocated to the construction of mosques and religious structures in 2024, while an additional N458,470,310 was spent on completing ongoing projects in the same category.

Meanwhile, Jigawa State faces a significant educational crisis. Ranked fifth in Nigeria for the highest number of out-of-school children, the state has over 820,000 children aged 3 to 18 not enrolled in school, according to a survey conducted by the Education Sector Support Programme in Nigeria (ESSPIN).

During a recent meeting with the Jigawa State House of Assembly in Kaduna, Mohammed Farah, Chief of UNICEF’s Kano Field Office, revealed that only 16.8% of children in the state are enrolled in school. He further disclosed that 44% of primary school-age children and 52% of secondary school-age children are out of school.

Farah emphasized the dire need to address these gaps, noting the low levels of foundational literacy and numeracy among the state’s children. He urged lawmakers to implement significant reforms before the next Multiple Indicator Cluster Survey (MICS), scheduled for 2026/2027, to improve the state’s educational system and secure the fundamental right to basic education for its children.

December 2, 2024 0 comments
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Narco Subs
Headlines

Global Coalition Busts Historic 1400 Tonnes of Narcotics

by Nelson Ugwuagbo December 2, 2024
written by Nelson Ugwuagbo

A coordinated effort by 62 countries has led to the largest drug bust in history, intercepting 1,400 tonnes of narcotics valued at $8.5 billion during a six-week international operation codenamed Operation Orion.

Authorities discovered a new drug trafficking route and seized six semi-submersible vessels, commonly referred to as “narco-subs,” used to smuggle illicit substances. The operation also resulted in over 400 arrests.

The coalition, which included nations such as Colombia, Australia, the United States, and several European countries, collaborated by sharing intelligence and deploying warships and aircraft to combat the narcotics trade.

The intercepted haul included over 1,000 tonnes of marijuana and 225 tonnes of cocaine, setting a world record for a single anti-narcotics operation.

December 2, 2024 0 comments
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Headlines

JUST IN: Ohanaeze Ndigbo supports Tinubu’s tax reforms bill

by Folarin Kehinde December 2, 2024
written by Folarin Kehinde

Ohanaeze Ndigbo, the apex socio-cultural organization representing the Igbo people, has expressed its unequivocal endorsement of President Bola Ahmed Tinubu’s proposed Tax reform bills.

The group lauded the reforms for their potential to revolutionize Nigeria’s economic framework, particularly benefiting Small and Medium Enterprises (SMEs) and workers, while addressing the long-standing issue of double taxation.

In a statement on Sunday, December 1, 2024, signed by its Secretary General, Mazi Okechukwu Isiguzoro, Ohanaeze described the reforms as a vital step toward equitable economic growth.

“These tax reforms represent a transformative opportunity for the rejuvenation of SMEs and the enhancement of Nigerian workers’ fortunes.

“By eliminating the scourge of double taxation imposed by unscrupulous state governors, these reforms will create an equitable business climate that significantly boosts both local and foreign investments,” the group stated.

The group stated that the Igbo community, known for its entrepreneurial spirit, stands to benefit immensely from the proposed measures, which are expected to bolster private sector growth and foster a fairer regulatory environment.

Ohanaeze urged Southern Federal lawmakers to put aside partisan differences and ensure the smooth passage of the reforms in the National Assembly.

“It is imperative that our Southern legislators close ranks, transcending partisan divides, to ensure that the Tax Reforms Bills navigate both chambers of the National Assembly successfully,” the statement emphasized.

The organization expressed disappointment at opposition to the reforms from some Northern governors and lawmakers, attributing it to an attempt to maintain the status quo in VAT derivation principles, which they argue favours select interests.

“If the Northern political elites succeed in thwarting President Tinubu’s initiatives, it could set a dangerous precedent, fostering resistance against meaningful reform,” Ohanaeze warned.

Ohanaeze reiterated its solidarity with the Tinubu administration, citing its previous decision to abstain from nationwide protests as a gesture of cooperation.

“The promise of a prosperous and just Nigeria is within our reach, but it demands our collective resolve to advocate for transparency, equity, and sustainable economic growth,” the group concluded.

December 2, 2024 0 comments
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Headlines

Fire guts Trademore market in Abuja [VIDEO]

by Folarin Kehinde December 2, 2024
written by Folarin Kehinde

A devastating fire swept through the only market in Trademore Estate, Lugbe, Abuja in the early hours of Monday, leaving traders and residents grappling with significant losses.

The blaze, which reportedly started around 3:30 a.m., broke out shortly after the Abuja Electricity Distribution Company restored power.

Eyewitnesses suggest the inferno may have been triggered by an electrical fault, though the exact cause has yet to be officially determined.

Joe, a resident of the estate, described the scene as “tense and chaotic,” noting that the fire had already spread widely by the time he was alerted at 4:00 a.m.

Efforts by residents to contact emergency services were initially met with delays.

Firefighters from Dunamis Church were the first to respond at around 5:00 a.m., followed by teams from the Economic and Financial Crimes Commission (EFCC) and Sauka Station.

It took two hours for emergency responders to bring the blaze under control, successfully preventing it from spreading further.

At the time of reporting, the extent of the damage and the value of goods lost remain unclear.

Authorities have not yet released an official statement on the incident.

Watch video below:

https://twitter.com/IamOgbeche/status/1863428506044002681?t=xmIlYYaDsMw8tIfZYAHEgA&s=08
December 2, 2024 0 comments
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Employment scam in MINT: Group petitions CBN, National Assembly, CCB, others: CBN Deputy Governor Emem Usoro; her aide Olakunle Abiola indicted Leading Reporters
Headlines

CBN Set To Retire 1,000 Staff Before End of 2024, Offers N50 Billion as Payoff

by Folarin Kehinde December 2, 2024
written by Folarin Kehinde

The Central Bank of Nigeria is set to retire at least 1,000 of its workforce before the end of December 2024, Daily Trust reports.

Sources at the apex bank stated that the retirement plan by the CBN will gulp over N50 billion as payoff to those affected by the massive layoff.

According to the source, this process is in alignment with the re-organisation by the bank’s Board of Directors led by Olayemi Cardoso.

The BoDs had expressed their commitment to reducing the workforce of the Central Bank as it has disengaged several workers in the past 10 months.

This included 17 directors who had served under the immediate past governor, Godwin Emefiele who is facing charges before a Federal High Court.

While these directors are yet to be replaced, a circular released by the bank three weeks ago said the application for Early Exit Package (EPP) was open to all cadres of staff and will close by Saturday, December 7.

Those exempted from the EPP are staffers who are yet to be confirmed or who have served less than one year “as of the date of publication with the effective date of exit set at 31 December, 2024.”

December 2, 2024 0 comments
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Ejigbo
Headlines

Ejigbo: The Osun Town Where CFA Francs Are Used as Currency

by Nelson Ugwuagbo December 1, 2024
written by Nelson Ugwuagbo

Ejigbo, a historic town in Osun State, Nigeria, stands out as a unique community where two currencies—Nigeria’s Naira and the West African CFA Franc—are widely accepted in its markets. This unusual practice reflects the town’s deep economic and cultural ties with Abidjan, the commercial capital of Ivory Coast.

The roots of this connection trace back to the migration of Ejigbo’s traders to Abidjan in search of better opportunities. Over time, many of these migrants settled in Ivory Coast, intermarried, and built families with dual citizenship. Today, almost every household in Ejigbo has a relative in Abidjan, strengthening the bond between the two locations. The locals often refer to Abidjan as their “London,” a symbol of prosperity and opportunity.

The acceptance of the CFA Franc in Ejigbo’s markets is a direct result of these strong ties. Residents frequently bring back goods and money from Ivory Coast, making the CFA Franc a practical currency for daily transactions. Market vendors in Ejigbo readily accept both CFA and Naira, ensuring flexibility for locals and visitors alike. Currently, 1,000 CFA exchanges for approximately 2,850 Naira, a significant shift from the days when one Naira equaled three CFA during former President Goodluck Jonathan’s administration.

Beyond currency, the influence of Ivory Coast is deeply ingrained in Ejigbo’s culture. The town has adopted Ivorian traditions, from food to lifestyle. Traditional meals from Abidjan are now commonplace in Ejigbo, and many items in the markets are imported directly from Ivory Coast. This strong cultural and economic connection has made it possible for residents to enjoy the best of both worlds.

Travel between Ejigbo and Abidjan is also a testament to their enduring relationship. The journey costs around 100,000 Naira and typically takes one day under favorable conditions. However, challenges such as immigration processes can extend the trip to three days. Despite this, the bond remains unshaken, with frequent exchanges of people and goods strengthening the ties between the two locations.

For the people of Ejigbo, living between Nigeria and Ivory Coast is not just a possibility—it is their reality. Their ability to seamlessly navigate these two worlds has created a unique cultural identity, where CFA Francs and Naira coexist in their markets and Ivory Coast’s influence shapes their everyday lives.

December 1, 2024 0 comments
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Headlines

JUST IN: NNPCL reduces petrol price to N1030/l for marketers

by Folarin Kehinde November 29, 2024
written by Folarin Kehinde

The Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN) has revealed that the Nigerian National Petroleum Company Limited (NNPCL) has reduced its price for the Premium Motor Spirit (PMS) petrol to marketers from N1,045 per litre to N1,030 per litre.

The association’s National President, Dr. Billy Harry disclosed this at its strategic meeting and award presentation in Abuja yesterday.

He said: “Today, NNPCL has reduced their price to 1,030 Naira”

He added that the marketers are still pressing the state-owned firm to further drag down the price.

“We are still hoping and pushing that it will still come down low,” he said.

Recalled that NNPCL major competitor, Dangote Refinery and Petrochemicals sells the product at N970 per litre to the marketers with a ceiling of a minimum of two million litres while NNPCL has not limited its volume to the marketers.

Explaining the implication, Harry said the turn over rate from buying from NNPCL will be higher despite its higher rate.

His words, “Because most of our members are going to be struggling to get 50 million Naira, or thereabout, or even N60 million to buy products.

“Now, that is not what is easily affordable. So, we, as retail outlet owners, you can see why we are very close to NNPC.

“Because we can go there and buy one product, sell, quickly turn it around, and then come back. But then, if we have to buy 2 million liters, we must go together.”

He disclosed that NNPCL has opened its their portal for marketers to start lifting products since the day on Wednesday.

According to him, the competition emanating from the free market operation will certainly bring down petrol prices further.

He said “And as I speak to you, they (NNPCL) are already programming for us on the current price.”

He also disclosed that owing to the need to patronize domestic refineries, the association has suspended its plan to import the products.

Harry said, “So, we are not going to start importing if there is product available. So, wherever is best, we are not going to be looking for dollars to start importing when we can get a Naira-dominated transaction from Dangote, from Port Harcourt Refinery, from Warri Refinery, from all the refineries in Nigeria.”

November 29, 2024 0 comments
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Zulum
Headlines

Tinubu Tax Plan Will Cripple North – Governor Zulum

by Nelson Ugwuagbo November 29, 2024
written by Nelson Ugwuagbo

Borno State Governor, Babagana Zulum, has pledged to rally northern lawmakers against President Bola Tinubu’s proposed tax reform bills, warning that the legislation could devastate the region’s economy.

Speaking in an interview with the BBC, Zulum criticized the rushed nature of the bills, comparing them to previous laws that underwent extensive debates before passage. He expressed concerns that the reforms would impoverish the north while disproportionately benefiting Lagos State.

“These bills, if passed, will lead to poverty, hunger, and hardship in the north,” Zulum said. He reminded the president that northern voters played a significant role in his 2023 election victory. “He should not ignore our concerns and the rumours that the north is not in his favour,” the governor added.

Zulum also cautioned against undue pressure on lawmakers to approve the bills, raising fears of potential political influence or bribery.

“What we fear is that some lawmakers might secretly support the bills, and politicians might bribe or persuade their members to vote for them,” he said. He urged northern lawmakers to remain vigilant and prioritize the region’s interests.

The proposed tax reforms have also faced strong opposition from Senator Ali Ndume, who represents Borno South in the National Assembly. Ndume has consistently voiced his objections, both in public and on the Senate floor, aligning with Zulum’s stance against the legislation.

The tax bills have sparked heated debate across the country, with concerns over their potential economic and political impact. Lawmakers are expected to deliberate on the proposed legislation in the coming weeks.

November 29, 2024 0 comments
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