AMCON Obligors In More Trouble As Presidency Inaugurates Inter-Agency Committee On Recovery

*AMCON Boss, Ahmed Lawan Kuru at one of the meetings with ICPC office ——————————————————————————————————- As a follow-up to earlier warning that the Federal Government would leave no stone unturned in the pursuit of debtors of Asset Management Corporation of Nigeria (AMCON), the government has begun a move to recover the over N5 trillion outstanding debts owed AMCON by recalcitrant obligors. The government has formally inaugurated an inter-agency committee to speedily resolve the challenges in recovering the debts. Vice President Yemi Osinbajo SAN, who inaugurated the committee in Abuja on Monday…

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Antonio Guterres, UN Secretary General To Open 74th Session

*Antonio Guterres, the Secretary General making a point at a previous function ——————————————————————————————– United Nations (UN) Secretary General, Antonio Guterres is set to open the 74th session of the UN General Assembly in New York today. The UN chief will welcome the incoming General Assembly president Tijjani Muhammad-Bande of Nigeria to his new role as head of the 193-member body. As is tradition, the new session begins one week before the assembly’s high-level debate kicks off on September 24 with the participation of world leaders. In a fast-changing world where…

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Government Plotting Another Genocide In Abia – IPOB Claims

Media and Publicity Secretary of the Indigenous People of Biafra (IPOB), Emma Powerful has raised a strong allegation, which claims that there is a plot to attack the home of its leader, Nnamdi Kanu, in Abia State. The statement also claimed the Abia State Governor, Okezie Ikpeazu, was spearheading the plot. The statement therefore called on international community to stop Ikpeazu. According to the statement, “Another round of genocide looms at the front of our leader’s compound in Isiama Afara Ukwu Ibeku, Umuahia, Abia State by Fulani terror group. “IPOB’s…

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Air Peace CEO’s Kind Gesture To Stranded Nigerians In SA Commendable – NCAC DG

Allen Onyema (right in red cap) welcoming the South African returnees —————————————————————————————————————– The Director-General (DG), National Council for Arts and Culture (NCAC), Olusegun Runsewe, has joined millions of well-meaning Nigerians that are commending the Air Peace Chief Executive Officer, Mr Allen Onyema, for his generosity and prompt evacuation of Nigerians that were unfortunately caught up in the xenophobic attacks in South Africa. The commendation was contained in a statement by Runsewe’s media aide, Mr Frank Meke. He said many lost their means of livelihood to massive looting, while others were…

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EFCC Arrests More Fraudsters, Garba and Umar From Kano State

By Editor The Kano zonal office the Economic and Financial Crimes Commission (EFCC) has arrested Garba Iliyasu and Umar Iliyasu who are alleged to be running a Ponzi Scheme in Kano under the name, MGB Global Market. A press statement from the government agency explained that their arrest was sequel to intelligence that the organisation had lured many citizens to ‘invest’ in the fraudulent scheme using irresistible promise of return on investment of up to 50 per cent in two weeks as their bait. “Upon receipt of the intelligence, the…

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Xenophobia: Do The Right Thing This Time Around, Ohanaeze Charges At Buhari

By Andrew Onyejuruuwa Dr. John Nnia Nwodo, the President General of the Ohanaeze Ndigbo, has reacted to the inhuman treatment of foreign nationals by South Africans describing the xenophobic attacks on Nigerians and other foreign nationals in South Africa as a criminal and cowardly act. He therefore joined his voice to other reasonable human beings by calling on federal government to announce a retaliatory measure immediately. In a statement to express his displeasure, the Igbo leader said, “The xenophobic attacks on Nigerians and other Africans in the Republic of South…

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America/Nigeria Visa Fee Face-off, Nigeria Blinks, Cuts Visa Fee

In a belated reaction to the visa increase by the United States of America, Nigeria’s Federal Government has finally approved a reduction in visa charges payable by United States citizens coming to Nigeria. The new charge decreased from $180 to $160. On Wednesday, which is the day the American embassy in Nigeria slated to kick start its new visa charges on Nigerian visa seekers, Minister of Interior, Mr Rauf Aregbesola, explained that the Comptroller-General of Nigeria Immigration Service (NIS), Muhammad Babandede, had been directed to implement the decrease in the…

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Presidency Terminates Ujah’s Appointment As NCPC Executive Secretary

Rev. Ujah, the sacked Christian Pilgrim boss ————————————————————————————- By Editor President Muhammadu Buhari has terminated the appointment of Rev. Tor Ujah, as the Executive Secretary, Nigerian Christian Pilgrim Commission (NCPC). This was made known to the media on Tuesday via a statement from the Office of the Secretary to the Government of the Federation (OSGF). The Director Information, OSGF, Willie Bassey, who issued the statement on behalf of the Secretary to the Government of the Federation, Boss Mustapha, said the decision to terminate the appointment was in line with the…

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Immigration, Customs Begin Drills At Nigerian Borders

The Comptroller-General (CG) of the Nigeria Immigration Service, Mr Muhammad Babandede, said the restriction of movement at the country’s borders is for national interest. It would be recalled that on August 20, the customs ordered the closure of some Nigerian borders, which was meant to disallow movement of goods and services. As a result of that development, hundreds of travellers were stranded as the decision took them unawares. However, the CG while speaking on Channels Television magazine programme, Sunrise Daily said the exercise is in the national interest as they…

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N5trillion Debt Recovery: President Muhammadu Buhari Further Empowers AMCON

Following the recent signing into law the Asset Management Corporation of Nigeria (Amendment Act 2019) by President Muhammadu Buhari, the Corporation, we gather is set to go after some key persons among the top 350 high-profile debtors owing the agency over N5tn, it has been learnt. Buhari had on Wednesday announced the signing into law AMCON (Amendment Act 2019), which increases the powers of the corporation in enforcement of recovery of debt from persons owing legacy banks or seizure of property subject of loan obligation. With the development, the agency…

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