Day: May 2, 2024

EFCC, Cubana Chief Priest To Settle Out Of Court Over Naira Abuse Saga

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A Federal High Court sitting in Lagos has fixed June 5, 2024, for a report of settlement in a case against popular businessman socialite, Pascal Okechukwu, fondly called Cubana Chief Priest, over alleged naira abuse. The Economic and Financial Crimes Commission (EFCC) had, on April 17, arraigned Cubana Chief Priest on three counts of allegedly spraying and tampering with naira notes during a social event at Eko Hotel in Lagos. He pleaded not guilty to the charge and was granted bail in the sum of N10 million. The presiding judge,…

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AMCON New Executive Management Visits Finance Minister

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L-R: Mr. Lucky Adaghe, Executive Director, Operations, Asset Management Corporation of Nigeria (AMCON); Mr Wale Edun; Honourable Minister of Finance and Coordinating Minister of the Economy of Nigeria; Mr Gbenga Alade, Managing Director/Chief Executive Officer, AMCON and Mr Adeshola Lamidi, Executive Director, Resolution/Enforcement,  AMCON when the new Executive Management of AMCON led by the MD/CEO paid a business visit to the Honourable Minister in Abuja on Thursday

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Moghalu’s Wife Under Fire For Asking Investors To Stay Away From Lagos

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Maryanne, the wife of the presidential candidate of the Young Progressive Party in the 2019 general elections, Kingsley Moghalu, has been heavily criticised for warning investors to stop investing in Lagos State. This follows the recent demolition of a section of Landmark Beach, the Mami Chula Beach Lifestyle in the state, to pave the way for the Lagos-Calabar Coastal Highway. According to the Minister of Works, Senator Dave Umahi, the demolition began after he inspected kilometres 13, 16 and 20 to ensure the most economical and viable way to access…

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2024 May Day Celebration: Your Days Of Worrying Are Over — Tinubu Assures Nigerian Workers

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In his address to Nigerian workers on May 1, 2024, President Bola Tinubu again brought a message of hope and relief, declaring that their days of worrying are finally over. Speaking as the Special Guest of Honour at the 2024 Workers Day celebration on Wednesday President Tinubu hinted at his administration’s willingness to introduce a national living wage, a move that could revolutionize the lives of millions of workers across the country. He said, “The committee’s mandate was to provide counsel and suggest a national minimum wage that aligns with…

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Nigerians Battle Fuel Scarcity With Queues Across Major Cities

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More than hour-long queues to buy fuel resourced on Tuesday, April 30 across Nigerian major cities as the country struggled with its latest fuel shortage, causing more hardship for millions already struggling in an economic crisis under President Bola Ahmed Tinubu’s administration. Tinubu during his campaign days to become Nigeria’s president promised Nigerians what he called “renewed hope,” but ever since he assumed office with the removal of fuel subsidy on his inaugural speech, Nigerians have been going through hell trying to survive as inflation has spiked making life unbearable…

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Fuel Scarcity: Over 200 CSOs Demand Sack Of NNPCL Boss

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Engr Mele Kyari Group Chief Executive Officer, NNPC Over 200 civil society groups under the banner of Coalition of Civil Society Groups Against Poverty in Africa (CoSGAPA), on Tuesday, demanded the sack of Group Chief Executive Officer (GCEO), Nigerian National Petroleum Corporation Limited (NNPCL), Engr Mele Kyari to resign over the biting fuel scarcity resulting in hike and its toll on Nigerians. The demand for Kyari’s sack or his resignation by the groups is on the heels of what they alleged as high level of incompetence and corruption in the…

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May Day: Enugu Workers Declare Mbah Most Worker-Friendly Governor, Ask For More

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The organised labour in Enugu State has commended Dr. Peter Mbah for his many achievements in bettering the wellbeing of the people and workers of the state, describing him as a “promise keeper” and “the most worker-friendly governor in Nigeria.” The workers also commended Mbah for his many policies, programmes, and projects, which they said were turning the state around in record time. This was even as Governor Mbah, speaking through the Deputy Governor, Barr. Ifeanyi Ossai, renewed his commitment to the welfare of the people and workers, restating his…

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ASR Africa Set To Commence Construction Of Abdul Samad Rabiu Hostel Block For Federal University Of Technology, Minna

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L-R: Dr. Ubon Udoh (MD/CEO, ASR Africa), Mrs. Hadiza Goje (Bursar), Prof. Faruk Adamu Kuta (Vice Chancellor), Prof. Uno Uno (Deputy Vice Chancellor, Admin), Labaran Abubakar (MD, Statelink – Contractor), and Arc. Bako Ismail (Consultant for the Project) at the ground-breaking ceremony. The Abdul Samad Rabiu Africa Initiative (ASR Africa) is set to commence the construction of a state-of-the-art hostel block for the Federal University of Technology, Minna. The project, which is being executed under the philanthropic initiative of the Chairman of BUA Group, Abdul Samad Rabiu (CFR, CON), will…

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Governor Alex Otti And Okezie Ikpeazu’s Airport Saga

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By Ebere Uzoukwa Those who know Governor Alex Chioma Otti, OFR, to a reasonable extent will attest to the glaring fact that the First Class (Hon.) graduate of Economics and former bank chief speaks less and listens more. He is not loquacious and often withholds opinion on issues he considers serious and sensitive. He is very meticulous and interrogatory on issues that deal with figures. To engage him on such issues, one must be factually upright and sufficiently prepared with the arithmetics and exactness of the figures. It is also…

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Defeat Of Ojukwu’s Ikemba Front By Jim Nwobodo’s Vanguard At Nkpor Junction Ambush

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Nwankwo T. Nwaezeigwe PhD, DD Odogwu of Ibusa President, International Coalition against Christian Genocide in Nigeria (ICAC-GEN) Email: Nwaezeigwe.genocideafrica@gmail.com visit us at https://icac-gen.org for more information and your donation Excerpts from Chapter Six:   “THE MACABRE DANCE OF IGBO LEADERSHIP AND POLITICS OF SECOND REPUBLIC: The Sprouting Political Mushrooms from a Culture of Decadent Leadership” from THE BIAFRAN SPIRIT AND THE ROAD TO FULANI POLITICAL ARMAGEDDON—Anatomy of Political Disorder in Nigeria (Forthcoming) Not long after officially joining the NPN, Ojukwu formed a militant squad named “Ikemba Front” (I.F.). The Front was…

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