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Economic Hardship: Gov Zulum declares one-day prayer and fasting for divine intervention

by Nelson Ugwuagbo February 16, 2024
written by Nelson Ugwuagbo

Governor Babagana Zulum of Borno State has urged citizens of the state to fast and offer special prayers on Monday for divine intervention over the current hardship caused by inflation.

Zulum in his broadcast to the people of the state implored traditional rulers, clerics and citizens to observe a one-day voluntary fast on Monday for peace, prosperity and the development of the state, NAN reports.

“I am deeply troubled by the recent hardships faced by our citizens, particularly the high

“I understand the burden that this places on families and individuals, and I want to assure you that we are taking decisive steps to alleviate this issue.

“Our government is focusing on reviving agriculture in the state, intending to increase food production and reduce our reliance on food palliative.

The governor also expressed my gratitude to security forces and volunteers for the sacrifices they are making to safeguard lives in the state and create a peaceful society for prosperity and development.

He said that his administration was engaged with stakeholders particularly those in the business of essential commodities that include all forms of grains and building materials and had taken far-reaching decisions to mitigate the rising cost of the essential goods.

February 16, 2024 0 comments
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BREAKING: Ize-Iyamu withdraws from APC primary for Edo guber election

by Nelson Ugwuagbo February 16, 2024
written by Nelson Ugwuagbo

Less than 24 hours to the primary election of the All Progressives Congress (APC), to elect its flag bearer for the September 21 governorship election in Edo state, a frontline aspirant of the party, Pastor Osagie Ize-Iyamu, has withdrawn from the race.

He announced his withdrawal on Friday, February 16, in a statement made available to journalists.

The withdrawal notice was addressed to the national chairman of the party, Abdullahi Umar Ganduje, and the Acting State Chairman of the party, Emperor Jarrett Tenebe.

Full text of the withdrawal letter reads: “Few months ago, after extensively interacting with family, friends, political associates, and supporters, I joined the 2024 Edo state gubernatorial race as a result of my passion and commitment to the cause of rescuing Edo state from the current condition of decrepitude.

“I entered the contest as a progressive democrat, with an open mind to keenly contest and accept the result of a process that is fair, credible and transparent. I appreciate the commended the effort made by the National Working Committee (NWC) of the APC to correct the erroneous impression maliciously created by certain persons that some aspirants, including myself had been disqualified from the gubernatorial contest. The NWC constituted the authentic screening committee and all twelve aspirants who purchased and completed the nomination forms were successfully screened and subsequently issued clearance certificates. This step was praise worthy and helped in restoring our integrity in the eyes of the public.

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“Having being cleared to contest, I regrettably wish to announce my withdrawal from the race. Although painful, this decision has become imperative after an exhaustive consultation with my family, friends, political associates and supporters. I make this sacrifice in the interest of the peace and unity that the party desperately requires at both state and national levels.

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Ize-Iyamu: I will get Edo APC’s ticket, win gov election

“I humbly appeal to the good people of Edo state to accept my decision which I very personal and I promise to be there for them at all times.

Read Also: Ize-Iyamu: I will get Edo APC’s ticket, win gov election

“Thankfully, I acknowledge the fatherly role of President Bola Tinubu, GCFR, as well as the party’s national leadership for the fairness and commitment to the democratic process. Likewise, I remain grateful to the state working committee for their principled stand to allow a level playing field for all aspirants. I am extremely appreciative to my family, friends, supporters, well-wishers, and the extraordinary hardworking men and women of our campaign organization who were prepared to stop at nothing to see me fly the party’s flag. I salute your great works, your steadfastness and courage.

“Finally, as a loyal party man, I wish to pledge that I and my teeming supporters shall support any candidate that emerges in the primary election holding tomorrow.”

February 16, 2024 0 comments
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BREAKING: Cement Prices Hits N15,000 in Abuja

by Nelson Ugwuagbo February 16, 2024
written by Nelson Ugwuagbo

A 50 kilograms bag of cement in the Federal Capital Territory has surged to between N10,000 and N15,000.

LeadingReporters gathered that a market survey was conducted on Friday in Gwarimpa, Area 10, Kubwa, Lugbe and Dawaki showed that a 50kg bag of Dangote cement is N10,000 and BUA cement stood at N15,000.

A retailer in Gwarimpa, Yinka Adebayo, said that the price of Dangote cement is N10,000 while that of BUA is N15,000.

He said he sold a bag of cement for N6,000 in January 2023.

“We sell Dangote cement at N10,000 per bag, and BUA is N15,000. Unfortunately, it will surprise you that I sold the same bag of cement, N5,500 to N6000, last month,” he said.

Similarly, Rukiyat Abdullahi, a retailer in Kubwa, said Dangote cement is sold for N10,200 while BUA goes for N16,000.

“Dangote is now N10,200 while BUA goes for N16,000 per bag”, she told DAILY POST on Friday.

At Lugbe, the retailers confirmed to DAILY POST that Dangote and BUA cement prices are N10,000 and N15,000, respectively.

Meanwhile, Minister of Housing and Urban Development, Arc. Musa Dangiwa decried the astronomical rise in the price of cement and other building materials across the country.

He said the price hike was unacceptable and insisted the fluctuation in the exchange rate of the dollar could not be blamed.

Recall that for more than five months, the Cement Producers Association of Nigeria cautioned that the Federal Government’s plan to introduce concrete roads could increase cement prices to N9,000 per bag.

The development comes amid a continued soar in Nigeria’s inflation. The National Bureau of Statistics, in its Consumer Price Index report for January, said inflation soared to 29.90 per cent.

February 16, 2024 0 comments
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Man knocked down by vehicle while attempting to steal woman’s foodstuffs in Abuja

by Folarin Kehinde February 16, 2024
written by Folarin Kehinde

A 36-year-old man identified as Jamilu was struck by a vehicle on Tuesday in Kwali Market, Abuja, while attempting to abscond with a woman’s purchased foodstuffs.

The incident occurred around 11 am when the woman, Mrs. Patience Raphael, had just completed her shopping, including items like rice, beans, garri, and yam, all packed in a sack.

As she sought a truck pusher to transport her groceries, Jamilu purportedly offered to help carry the load to the roadside.

Seizing the opportunity to make away with the woman’s foodstuffs, Jamilu rushed across the road. However, his escape was abruptly halted as he was hit by a passing car.

Ibrahim Audu, a witness to the incident, told the Daily Trust: “In fact, I was even the one that was trying to call a wheel barrow pusher to come and carry the foodstuffs for the woman when the man came to help carry the load.

“As he was rushing to cross the road in order to escape with the load, he was knocked down.”

He added that the suspect, who sustained bruises and a fracture, was taken to the hospital by vigilantes.

February 16, 2024 0 comments
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BREAKING: Govt seals Sahad Store over hoarding, high price

by Folarin Kehinde February 16, 2024
written by Folarin Kehinde

The Federal Competition and Consumer Protection Commission (FCCPC) has taken action against misleading pricing practices at Sahad Store, a well-known supermarket in the Garki area of Abuja.

The move follows President Bola Tinubu’s recent announcement of plans to address factors contributing to the nation’s food crisis.

The FCCPC Acting Executive Vice Chairman, Adamu Ahmed Abdullahi, led the enforcement operation, accusing the supermarket management of shortchanging customers by charging prices different from those displayed on the shelves.

Abdullahi revealed that the store would remain sealed until a thorough investigation is completed.

Briefing journalists, he said: “What we have found out that these people are doing is misleading pricing and lack of transparency in the pricing, which is against Section 115 (3) of the law that says a consumer is not required to pay a price for any good or service higher than the one that’s on display.”

“Section 155 states that any corporate person that contravenes is liable to a fine of 100 million naira or even more, and the directors of the company themselves are liable upon conviction payment of 10 million naira each or imprisonment of six months or both.

“What we have done today is to make sure that they comply with the law. We initially called them to come and defend themselves, but failed to show up. In the long run, they sent a lawyer whom we asked if he was familiar with the facts of the case. He said he wasn’t.

“To unseal the store, they have to make sure that they do what is required to be done.”

The information minister, Mohammed Idris, had recently disclosed that a committee would be set up to address hoarding issues in collaboration with state governors.

He said the move aims to ensure food availability, control prices, and eliminate practices that lead to unnecessary hardship for Nigerians.

Security agencies were instructed to coordinate with governors to combat the hoarding of essential commodities.

February 16, 2024 0 comments
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EFCC Arrest Onitsha Market Leader Over Alleged N6.7m Fraud

by Nelson Ugwuagbo February 16, 2024
written by Nelson Ugwuagbo

The Enugu Zonal Command of the Economic and Financial Crimes Commission, EFCC, has arraigned the Chairman, Onitsha/Odekpe Plastic Market Association, Obinna Calistus Okoli, before Justice Nnamdi Dimgba of the Federal High Court, sitting in Awka, Anambra State, for obtaining under false pretence to the tune of N6.7 million.

Okoli was arraigned on Tuesday, February 13, 2024 alongside Onitsha/Odekpe Plastic Market Association on a two-count charge bordering on obtaining under false pretence.

One of the counts reads: “That you, Obinna Calistus Okoli (while being Chairman of Onitsha/Odekpe Plastic Market Association) and Onitsha/Odekpe Plastic Market Association between May 2018 and July 2020 in Onitsha, Anambra State within the jurisdiction of the Federal High Court of Nigeria with intent to defraud induced one Mr. Joseph Okechukwu Enyiuche to deliver to you the sum of (N6,700,000.00) Six Million, Seven Hundred Thousand Naira under the pretence that you would allocate to him four shops in the proposed lock-up stalls/shops to be built at water melon land which pretence you knew to be false and thereby committed an offence contrary to Section 1 (1) (a) of Advance Fee Fraud and Other Fraud Related Offences Act 2006 and punishable under Section 1 (3) of the same Act.”

They pleaded not guilty when the charges were read to them.

In view of their pleas, counsel to the EFCC, Nuradeen Shehu Ingawa, prayed the court for a trial date and for the defendant to be remanded at the Correctional Centre.

Defence counsel E. O. Igowe made an oral application for bail but was vehemently opposed by Ingawa who reminded the defence counsel that it was a court of records.

Justice Dimgba thereafter adjourned the matter till Friday, February 16, 2024 for hearing of bail application. The defendants were remanded at the EFCC custody.

The defendant was arrested by operatives of the Enugu Zonal Command of the EFCC when a petitioner alleged that Okoli fraudulently obtained N6.7 million from him in order to help him secure four lock-up shops at a proposed mall to be built at water melon land in Anambra State.

The petitioner says that after making payment for the shops, he discovered that the defendant had no shops left to be allocated to him and all efforts made to get his money back proved abortive.

February 16, 2024 0 comments
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ICPC arraigns ASCSN President over alleged N72m fraud

by Nelson Ugwuagbo February 16, 2024
written by Nelson Ugwuagbo

The Independent Corrupt Practices and other Related Offences Commission, ICPC, has arraigned a former President of the Senior Civil Servants Association of Nigeria, ASCSN, Bola Audu, over alleged N72 million fraud.

Audu was arraigned on Thursday before Justice Yusuf Halilu of the High Court of the Federal Capital Territory, FCT, on a five-count charge.

He has been expelled as a member and President of ASCSN over anti-union activities.

In the five-count charge, the government accused Audu of alleged embezzlement of N69 million that was meant for the purchase of a sport utility vehicle for the office of the President of ASCSN.

In another charge, the prosecution told the court that Audu allegedly diverted N3 million into the union’s election.

He pleaded not guilty when the charges were read to him. His counsel, Babatunde Adewusi, applied that the defendant be granted bail.

Following his not guilty plea, Osuobeni Akponimisingha, an Assistant Chief Legal Officer at the ICPC, opposed the bail application and requested a date for commencement of trial.

“My Lord, we are interested in the defendant attending trial,” Akponimisingha said.

In his reaction, the defendant’s lawyer commended Akponimisingha “for his professional conduct in the handling of the case.”

The judge, Halilu, said bail is a constitutional right of an accused person depending on the nature of the alleged offense.

Halilu noted that a defendant was presumed innocent until proven otherwise.

“The prosecution must lead credible evidence to establish the guilt of a defendant,” the judge said.

In considering Audu’s bail request, the judge said the alleged offenses were bailable.

Subsequently, the judge allowed Audu to bail on the grounds that he produces two sureties who must be directors in the federal civil service.

The judge added that the directors must produce their letters of employment and promotion to the directorship rank in the civil service.

Halilu said the defendant would be remanded at Kuje Prison in Abuja if he fails to meet the bail condition.

The suit was adjourned until 6 May for commencement of trial.

February 16, 2024 0 comments
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BREAKING: Police arrest Abuja kidnap kingpin after Wike’s N20 million bounty

by Folarin Kehinde February 16, 2024
written by Folarin Kehinde

Police operatives in the Federal Capital Territory (FCT) have arrested a wanted Abuja kidnapper, Dabiru Adamu.

Adamu’s arrest comes barely 48-hours after the FCT minister, Nyesom Wike, offered a reward of N20 million for information leading to his capture.

It was gathered that Adamu and another notorious kidnapper had masterminded some abduction and caused fear and distress among the residents of the territory.

“You said there are two criminals on the run? Let me put money on their heads. Wherever they are, send your men out there, I will give them N20 million. Go and fish them out, wherever they are. I want to see them dead or alive,” Wike said on Wednesday, February 14.

Details shortly…

February 16, 2024 0 comments
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FHA: Gets New CEO In Tinubu’s Son-In-law, Oyetunde Oladimeji Ojo Leading Reporters
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FHA: Gets New CEO In Tinubu’s Son-In-law, Oyetunde Oladimeji Ojo

by Leading Reporters February 16, 2024
written by Leading Reporters

Bola Tinubu has given the green light for the appointment of Oyetunde Oladimeji Ojo, his son-in-law, as the Managing Director and Chief Executive Officer of the Federal Housing Authority (FHA)

Ojo, a former member of the House of Representatives, is the spouse of Folasade Tinubu-Ojo, the president’s daughter.

According to a statement by Ajuri Ngelale, the presidential spokesperson, Tinubu has also designated Mathias Terwase Byuan as the Executive Director (Housing Finance & Accounts); Umar Dankane Abdullahi as Executive Director (Business Development); Oluremi Omowaiye as Executive Director (Project Implementation); and Ezekiel Nya-Etok as Executive Director (Business Development and Portfolios) to join the management team of FHA.

Ngelale further revealed that the president has appointed Shehu Usman Osidi as the CEO of the Federal Mortgage Bank of Nigeria (FMBN).

Additional appointments to the FMBN management team include Ibidapo Odojukan as Executive Director (Finance and Corporate Services), Muhammad Sani Abdu as Executive Director (Loans and Mortgage Services), and Chinenye Anosike as Executive Director (Business Development and Portfolios).

In a comprehensive move to reposition the national housing and urban development sector, President Tinubu has approved the restructuring of the executive management teams of parastatals under the Federal Ministry of Housing and Urban Development.

The statement outlined the new leadership for FMBN and FHA, emphasizing the qualifications and experience of the appointed individuals. Shehu Usman Osidi, the new FMBN CEO, boasts over 30 years of experience in banking, including 13 years in mortgage banking, with academic credentials from prestigious institutions such as Harvard University’s Kennedy School of Government and the University of Pennsylvania’s Wharton School of Housing Finance.

Oyetunde Ojo, the new CEO of FHA, is highlighted as a former Member of the House of Representatives with over a decade of experience in the housing and hospitality industries. He holds a Master’s degree in Peace and Conflict Studies from the University of Greenwich, United Kingdom.

President Tinubu’s ambitious plans for the housing sector, including the establishment of Building Materials Hubs, a National Social Housing Fund, and land reforms, are expected to be spearheaded by the newly appointed executives. The president anticipates their swift action in delivering affordable housing to millions of Nigerians and creating numerous job opportunities for the country’s youth.

February 16, 2024 0 comments
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Reps Move To Scrap Presidential System, Propose Parliamentary Gov’t

by Nelson Ugwuagbo February 15, 2024
written by Nelson Ugwuagbo

The House of Representatives has taken a major step to scrap the current presidential system of government being run in Nigeria and replace it with the parliamentary mode of government.

This is as the House introduced three Bills, seeking to alter the Constitution of the Federal Republic of Nigeria 1999 to allow transition from the current presidential system to a parliamentary system at all levels of government – federal, state, and local government.

The Bills, namely ‘Constitution of the Federal Republic of Nigeria, 1999 (Alteration) Bill, 2024’, HB.1115, HB.1116 and HB.1117 sponsored by Hon. Kingsley Chinda, the Minority Leader and 59 others, passed through the First Reading statpge at plenary on Wednesday.

The proposed legislations sought to
replace the President with a Prime Minister to serve as the Head of Government and establishing the office of the President as a ceremonial leader with the elective offices chosen from the elected members of the legislature.

It also intends to shift the process of electing Governors and Chairmen of Local Governments from general election to voting within their respective legislative bodies, and reduce bureaucratic hurdles and fostering closer collaboration between the executive and legislative branches of government.

Addressing journalists on the general principles of the Bills, Spokesperson for sponsors, Hon. Abdussamad Dasuki (PDP, Sokoto), said the proposed alterations, when passed, would significantly impact the national political landscape.

Dasuki said when the parliamentary system of government was practised in the First Republic, it worked for the country as by its nature the elected representatives that were both in the legislative and executive arms of government were accountable to the people.

He argued the collapse of the First Republic and the long stretch of military rule culminated in the adoption of a new system of government, theoretically fashioned after the Presidential System of the United States but in practice imbibed the uttermost attributes of military rule.

The lawmaker said the high cost of governance, leaving fewer resources for crucial areas like infrastructure, education, and healthcare, and consequently hindering the nation’s development progress, and the excessive powers vested in the members of executive were the imperfections of the presidential system of government.

“The Bills presented today seek a return to the system of government adopted by our founders, which made governance accountable, responsible and responsive, and ultimately less expensive.

“With the presentation of these Bills today, we hope to achieve the following: Ignite, provoke a national conversation about the future of Nigerian governance system.

“To ensure robust public debates, stakeholder consultations, expert analyses, and a thorough and informed decision-making process.

“To raise awareness about this significant development and encourage constructive dialogue on the potential implications of these proposed constitutional alterations. The future of Nigerian governance rests on informed public engagement, and responsive and responsible leadership.

“Our conviction is that a streamlined Executive Branch, which replaces the President and Vice President with a Prime Minister and Cabinet chosen from the legislature could lead to a smaller central government, reducing salaries and administrative expenses.

“We also hold strongly that shifting the election of Governors and Local Government Chairmen from general election to votes within their respective legislative bodies could save billions spent on state and nationwide campaigns,” Dasuki stated.

The sponsors of the Bills, however, said the take-off time for the new law if eventually passed will be from 2033, apparently when President Bola Tinubu and others elected into offices for the first term might have completed their second tenures.

February 15, 2024 0 comments
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