Showing posts with label Local news. Show all posts
Showing posts with label Local news. Show all posts

Wednesday, May 2, 2018

Olunloyo’s son charged with N40m ‘fraud’

 

Olunloyo’s son charged with N40m ‘fraud’

 

naijawapenews.blogspot.com
May 2, 2018 12:19 AM
Olunloyo


Son of former Oyo State Governor Akinkunle Olunloyo, has been arraigned before an Igbosere chief Magistrates’ Court in an alleged N40 million fraud.
Olunloyo, 40, a former night club owner, was charged alongside his entertainment firm, Code Media Ltd, by the Police Special Fraud Unit, (PSFU), Lagos.

They are standing trial on a two-count charge of conspiracy and fraud before Chief Magistrate O. O. Oshin.

Prosecuting counsel Sylvester Azubuike said Olunloyo committed the offence in Lagos, “sometime in November 2014,” in connivance with accomplices, who are on the run.

He said the defendants approached a financial institution for a loan facility and “with intent to defraud, obtained the sum of N40million” property of the complainant.

Olunloyo allegedly told the complainant that “the money is to facilitate the renovation of your company’s entertainment premises and hall respectively.”

According to the police, Olunloyo converted the N40million to his own use.

Azubuike said the offences contravened Sections 312(1)(b), 312(3) and 409 of the Criminal Law of Lagos State, 2011.

Olunloyo pleaded not guilty.

His counsel, Seyi Soremekun applied for his bail on self-recognisance or on liberal terms.

Soremekun added: “We were served with the charge this morning. The defendant has been attending meetings at the PSFU whenever required.”

Ruling, Chief Magistrate Oshin observed that the defendant is standing trial on another charge before her, and granted him N500,000 bail with one surety in the like sum.

The case continues on June 5.

Sunday, April 29, 2018

PHOTOS: Explosions at Ohanaeze Ndigbo’s house

PHOTOS: Explosions at Ohanaeze Ndigbo’s house


Ihuoma Chiedozie, Enugu
The country home of President General of Ohanaeze Ndigbo, Chief Nnia Nwodo, was on Sunday rocked by an explosion which is believed to have been caused by an improvised explosive device.
Our correspondent learnt that a yet-to-be identified person threw the explosive device into the building at Ukehe, in Igboetiti Local Government Area of Enugu State, around 5:30am on Sunday.
Photos by: Paschal Chiedozie:

Threat to impeach Buhari: Presidency targets 15 senators over alleged corruption


Threat to impeach Buhari: Presidency targets 15 senators over alleged corruption

Naijawapenews.blogspot.com
Apr 29, 2018 11:30 AM

Sometime in September, 2002, during a breakfast interview inside Aso Rock Presidential 


Villa with then embattled President Olusegun Obasanjo, at the height of the move to 


impeach him, the former President made a startling revelation. While responding to a 


question about the agreement he was alleged to have signed to protect the North and give 


it special status during his presidency, Obasanjo jumped from his seat and headed straight 


to his bedroom. In about five minutes, he returned to continue the interview with a 


document he claimed were the minutes of the meeting between himself and some elders 


and political leaders from the North.
Buhari-Dogara-Saraki

The former President spoke about how he, the late Dr. Alex Ifeanyichukwu Ekwueme, Alabo 


Graham-Douglas, Jim Nwobodo, Francis Ella, all presidential aspirants under the umbrella 

of the People’s Democratic Party, PDP, had been grilled at separate sessions at Agura Hotel 


in the Federal Capital Territory, FCT, Abuja, in February 1999, on the eve of the party’s 

presidential convention slated for Jos, Plateau State capital. He said he refused to sign the 


document, insisting that he would be President of all Nigerians and not just a section. 


According to the minutes sighted that  morning, other aspirants were alleged to have 


signed – although each had to come out forcefully to deny ever doing anything of such.


The publication of the revelation caused some northern elders, who were named in that 


parley, to first deal with the opprobrium of such an ambush. Many others, including former 


heads of state, had to prevail on some members and then Speaker Ghali Umar Na’Abba 


leadership of the House of Representatives to overlook Obasanjo’s serial acts of 


indiscretion and constitutional breaches which, in the estimation of the House, constituted 


gross misconduct and, therefore, amounted to impeachable offences.

What came out of that tiff was that then President Obasanjo began to learn how to conduct 


himself in a more constitutional manner – at least, until 2005 when the bug of sit-tight bite 

him – leading to the failed Third Term Agenda. That was 2002.


Buhari’s Nigeria

Last week, some senators – mind you, it was not the Senate – rose to seek to institute 


impeachment proceedings against President Muhammadu Buhari. Whereas the President 


had suffered a massive loss of goodwill from the senators – in fact, from the National 



Assembly, NASS – as had never been seen in this 4th Republic, it all came to a head last 


week when Buhari sent a letter to the NASS, informing it of his approval and payment of 


$496million to the US government for the purchase of TUCANO fighter jets.


With what some have described as a convincing reason, Mr. President said the need to 


quickly utilise the window passed by the American legislature to sell the warplanes to 


Nigeria – after years of embargo – constituted a compelling reason why the approval was 


made before the request was placed before.... e the NASS. Even before the senators took 


umbrage, the House of Representatives had gone through a similar motion of voicing out 


its displeasure and pointing out the possible consequence of the President’s action.

For the now notorious Tucano jets, the hurried payment to the Americans, the shenanigans 


of voicing an impeachment move and the needless overheating of the polity, some 

questions would need to be answered:



Can the money that has been spent be retrieved?

Can a spent money be re-appropriated?

Was the timeline a 24/48-hour issue such that the Presidency could not place a  request 


before the NASS before making the extra-budgetary payment?


Was there really no time for the President to make the request before spending the money?

Could Buhari have followed due process?

Can Nigeria today afford the distraction of  impeachment proceedings?

Can the NASS truly muster the required constitutional mandate to carry out an 

impeachment?

Interestingly, Section 143(11) empowers the NASS to determine what an impeachable 

offence is or what constitutes gross misconduct.


House of Representatives Committee Chairman on Rules, Hon. Emmanuel Orker-Jev, said 


he’s not an apologist of bad behaviour but resorting to impeachment, which, by its very 

nature, is cumbersome, would be a distraction as the country approaches next year’s 


elections. “Nigerians should be able to decide at the polls whether this is the country they 

want and whether the President is taking them in the right direction”, Orkar-Jev pointed out.


Whereas there are many who believe and, therefore, insist that Buhari may have breached 


the laws of the land, their position is that pursuing an impeachment now is not the answer. 

Senator Shehu Sani is of the view that impeachment is not the answer, even though he 


believes that the money should be returned.


A Senate Under Siege

Perhaps, unlike Obasanjo, who was being told to sign a pact, Buhari is under no such 


preconditions. However, part of the angst of the legislators, particularly senators, is 


that some of them have been harassed and targeted by the state in recent times and some 


believe that not a few more may still be targeted by the executive under whose control are 


the Economic and Financial Crimes Commission, EFCC; the Department of State Services, 


DSS; the police and other such instruments of coercion.


Apart from the on-going saga of the garrulous and sometimes reckless Dino Melaye, who 


is accused of supplying guns to a group of hoodlums after he reported a case of attack on 

him, Senator Sani, from Kaduna State, is also being insinuated into the commission of a 


criminal offence by the police. Sani has been invited by the police.


In addition, Senator Isa Misau is facing criminal charges for criticizing the Inspector 


General of Police, IGP.In the case of Senator Abdullahi Adamu, he and his son are believed 


to be facing charges at the EFCC. In fact, his detractors are quick to allege this as a major 


influencing factor in his support for Buhari.


Sen. Peter Nwaoboshi is being tried in court by the EFCC, and, currently, being remanded in 


prison. There are other senators who are suspected of having or are being targets of 


possible investigations.



They include but are not limited to Senators Danjuma Goje, Aliyu Wamakko, Murtala Nyako 


and Jonah Jang. Then there is the on-going investigation into the assets of Deputy Senate 


President Ike Ekweremmadu and Senate President Bukola Abubakar Saraki, whose case at 


the Code of Conduct Tribunal, CCT, is yet to be concluded.


Interestingly, Senator Rabiu Musa Kwakanso, who was prevented from entering Kano State 


by the authorities, is also said to be a possible target of investigation.


Indeed, this sense of siege fuels a natural angst from the Red Chamber of the NASS.


Way Out

Enter the All Progressives Congress, APC.

The role of a political party – with or without a majority in the legislative chambers – is to 


serve as a guide for we. It is also the responsibility of a political party to wield the disparate 


and separate interests into one with a view to stabilising both the polity and the 


government of which it is in charge. 


Unfortunately for the APC, it has not been able to abide by its own constitution. The simple 


business of conducting its national convention has become a somewhat messy 


endeavour. 



Even as at the time of going to press, the convention, that was slated for May 14, 2018, has 


been postponed. Then there is the control of both chambers of the legislature. Curiously, it 


is the party members who have constituted themselves into the opposition.

.

The issue of the anticipatory approval granted by Buhari could have been better handled by 


the APC and its members in such a manner that, by the time the matter gets to the NASS, a 

majority vote would have urged for a doctrinal enterprise based on necessity.


As matters stand now, it would amount to a fools’ errand to continue to collect signatures 


with a view to setting in motion an impeachment move.


In addition, the perception of the NASS members as being the problem of this republic is 


yet to abate; therefore, any move seen to be against Buhari – with or without prejudice to 

some of his missteps – may meet with public opprobrium.


When such comes to shove and the Presidency decides to bare its fangs, it would be 


difficult to find many of the legislators standing on two feet by the time the ill-wind would 


have blown. This is not a call to a Gestapo-like approach on the part of the Presidency but 


the contemporary realities of the day, where court judgements about people in detention 


are wilfully disobeyed, where media trial of public office holders is the order of the day, the 


prospects for NASS members is not glowing.


Yet, it must be said that Buhari and his coterie of appointees should endeavour to always 


act in accordance with the provisions of the 1999 Constitution and stop treating matters of 

national importance with levity and disdain.  A country not guided by its own laws is 


beckoning at anarchy, the consequences of which will definitely be grave for all.


The myopic understanding and appreciation of the matter in some quarters, an 


appreciation supposedly based on Buhari’s good intentions may be regretted when another 


ruler applies the same unconstitutional acts for devious intentions. That will be the day.

Saturday, April 28, 2018

Governors, NNPC top officials in crucial meeting after aborted FAAC meeting


Governors, NNPC top officials in crucial meeting after aborted FAAC meeting

Naijawapenews.blogspot.com
Apr 28, 2018 

Cross section of Nigerian governors at the council of state meeting [Photo credit: Femi Adesina's Facebook page]


The governors of the 36 states of the federation, or their 

representatives, were on Wednesday locked in a 

crucial meeting with the Nigerian National Petroleum Corporation 

(NNPCtop management to attempt to patch up the crisis that 

aborted the Federation Account Allocation Committee 

(FAAC) meeting for March.


Earlier in the day, Chairman, Finance Commissioners Forum of 

FAAC, Yunusa Mahmoud, told reporters the 

meeting of the committee scheduled to share the revenue for 

March had been cancelled.


Mr Mahmood, who is also the Nasarawa State Commissioner for 

Finance, said the cancellation of the 

meeting followed some “challenges” linked to poor revenue returns 

remitted by the NNPC.


“The meeting cannot hold because we have some challenges,” Mr 

Mahmood said. “The revenue figures we 

got for the month is far less than what we expected to be remitted 

by the NNPC.”


He expressed disappointment that the committee, made up of 

representatives of the 36 states and the 

Federal Capital Territory, would again be made to end it’s meeting 

without members’ share of the revenue for the second month 

running.


Last month, the meeting ended in a stalemate, as the committee 

opted not to share the amount remitted to 

the purse by the NNPC.The committee refused to approve the 

statutory allocations for the month following alleged discrepancies 

discovered in revenue figures presented by the 

NNPC.


Hours after the inconclusive meeting, the finance minister, who is 

also Chairman of FAAC, Kemi Adeosun, 

convened an emergency reconciliation meeting the following day to 

attempt to resolve the confusion.


The meeting, however, ended with a plea for the committee to 

agree to share the N647.39 billion that was 

available after an engagement with the state governors, to allow for 

the reconciliation of the over N100billion difference.


Since that meeting which involved the Accountant General of the 

Federation, Ahmed Idris, PREMIUM TIMES 

learnt similar meetings have been held with top management of 

the NNPC without much positive outcome.


There are no immediate indication when Wednesday’s cancelled 

FAAC meeting would be rescheduled. But, 

the anxiety in the states have reached boiling point, as most of 

them are said to be unsure where the money for their workers 

salaries for the month is going come from.


A top presidency source close to the venue of the high level meeting 

between the governors and top officials 

of the NNPC at the Presidential Villa said the agenda centred on 

how to raise enough revenue to bail out the situation.


“This is a very high level deliberation. Everyone understands what 

is at stake. Our expectation is that 

something good will come out of it. NNPC is duty bound to carry 

FAAC members along in its business. Anything short of 

transparency in its account rendition will always elicit questions,” 

Mr Mahmood said.


“There are processes in doing things. Some level of transparency is 

expected. When NNPC picks its figures, it 

should expect the figures it submit to be looked at and deliberated 

upon and ask questions if need be,” he noted.


The NNPC spokesperson, Ndu Ughamadu, did not answer several 

calls to his telephone on Wednesday night 

when this reporter sought to get his comment for this story. He 

equally did not respond to a text message sent to him on the same 

issue.