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Former staff of Nigeria’s electoral umpire Christian Nwosu has been re-arrested by operatives of the Economic and Financial Crimes Commission.

Nwosu is standing trial over alleged N30 million bribe to rig the 2015 general record.

He is accused of accepting money from former Petroleum Minister Diezani Alison-Madueke, to rig the 2015 elections.

EFCC charged Nwosu and one Tijani Bashir with receiving N30 million bribe from Diezani to commit electoral fraud.

They were arraigned along with Yisa Adedoyin, who pleaded guilty to receiving cash payment of N70 million from Diezani, who is also named in the charge as being “at large”.

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Transcorp Sets Record Performance With Profit After Tax Of N20.6bn

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Transnational Corporation of Nigeria Plc (Transcorp), Nigeria’s leading diversified listed conglomerate, has announced its audited results for the year ended 31st December 2018, with a 94% growth in Profit After Tax (PAT) of ₦20.6bn in 2018 compared to ₦10.6bn in the prior year.

The Group recorded an unparalleled improvement within the year as turnover grew by 30% to ₦104.2bn. Profit Before Tax (PBT) increased to ₦22.4bn from ₦12.3bn in 2017, depicting an 82% year on year growth.

“We’re proud to have ended the year on a high-note while sustaining a strong performance, which is a reflection of our sound business strategy,” said Valentine Ozigbo, Transcorp’s President and Chief Executive Officer, who took over at Transcorp in January 2019. “We will continuously strive to deliver significant value to our stakeholders while achieving our long-term goals,” he said.

He further stressed that “This result was achieved due to the increased revenue from the power and hospitality segments of the group. In addition, we were able to cut down on our loss from Forex arising from financing activities by 30% year-on-year as we experienced a relatively stable exchange rate during the fiscal year-ended 2018, this no doubt impacted our Profit before tax as it soared 82% year-on-year.”

Mr. Ozigbo added ”Transcorp Power Ltd has continued to explore opportunities created by the eligible customer framework initiated by the Federal Government. We are at an advanced stage of negotiations with a number of eligible customers, which will translate into transactions in the months ahead. Our hospitality subsidiary, Transcorp Hotels Plc, also maintained its history of profitability in 2018, displaying the impact of our recent US$100m upgrade at the Transcorp Hilton Abuja and the immense value placed on the hotel’s best-in-class hospitality services.”

Reflecting on the results, the Chairman of Transcorp, Mr. Tony O. Elumelu, CON, stated, “We remain committed to our purpose of improving lives and transforming Nigeria by powering our industries and businesses while providing our local and international guests with unrivalled hospitality services. This is our way of creating sustainable value for all our stakeholders.”

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RRS Nabs Robbery Syndicate Terrorising College Road/Faagba/Abbattoir Areas Of Lagos [PHOTO]

Gbemileke Ajayi

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The hands of the law have finally caught up with a group of robbers after the operative of Rapid Response Squad (RRS), a unit of Lagos State Police Command arrested the syndicate believed to have been terrorizing College Road, Fagba, and Abattoir areas of the state.

As for this group of boys, their diversity in terms of language and ethnicity was never a barrier as they were united in forming a gang with the sole interest of robbing Lagosians of their valuables.

The robbers were arrested on Valentine’s day at around 9:00 p.m at College Road, Ifako – Ijaiye area of Lagos, after the gang had robbed more than five passers by of their valuables brandishing knives and other harmful objects.

The suspects, whose names are: Lekan Akinyemi (23), Chimeze Ofulie( 18), Babangida Abdullahi (22), Abubakar Umaru (30), Samuel Oyinloye (24), Timileyin Oladipupo (27) and Habeeb Olayinka. 

All the suspects said they came from different parts of the country but reside in Abattoir, Agege, Lagos.

The suspects had on Thursday, robbed one Agafe Augustine after he alighted from a taxi at College Road, Ifako Ijaiye. Amongst the items collected from him by the gang were; an android phone, N14,000 and a handbag.

According to Agafe, “I allowed them to rob me because they were many and were holding dangerous objects but I trailed them to an open place before raising alarm. This drew the attention of some RRS officers on patrol in the area and they arrested some of them”.

He added “ they equally robbed some other victims amongst whom were a lady in company of her boyfriend. They dispossessed them of their phones and  stabbed her boyfriend who refused to let go of his mobile phone after parting with his wallet”.

In his confessional statement to the crime , one of the suspects said they specialise in robbing passersby  at  night collecting their mobile phones, bags, jewelry and wallets.

Investigation by the police revealed that one of the suspects, Timileyin Oladipupo popularly known as ‘Timi Yahoo’, specialised  in working on SIM cards of the stolen phones to determine which ones are internet banking enabled  to facilitate the gang access to transfering money from victims’ accounts.

The suspect disclosed “I have worked on so many SIM cards given to me by Lekan and other groups in Agege Abbatior and what I do is to further increase our gain from the robbery by transfering victim’s money from their bank accounts after using some softwares to determine how much are lodged inside their accounts and we also share the proceeds”.

The Lagos State Commissioner of Police  Mu’azu Zubairu  who ordered the arrest of all the gang members, added that they be transferred to SARS for a thorough investigation.

He noted that the gang be charged to court as soon as investigations are completed.

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Postpone General Elections To Allow Zamfara APC Field Candidates — AGF Tells INEC

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The Attorney-General of the Federation, Abubakar Malami (SAN), has asked the Independent National Electoral Commission to allow the All Progressives Congress in Zamfara State field candidates for the general elections.

Malami, who doubles as the Minister of Justice, made the call in a letter to INEC dated February 13 and made available to the News Agency of Nigeria.

The minister said that INEC could not foreclose the right of a political party to participate in elections without recourse to the Act.

He said: “My office received a petition from the firm of M. A. Mahmud, (SAN) & CO, in respect of the need to urgently consider Sections 38 and 39 of the Electoral Act and extend the time for the APC Zamfara to field a gubernatorial candidate in the light of a Zamfara High Court judgment in suit No.ZMS/GS/52/2018.

“The letter was requesting that the subsisting judgment in the suit be upheld and respected by INEC, as the Court of Appeal has upheld the appeal with No. CA/S/23/2019; thus effectively annulling the grounds upon which the purported cancellation of the APC Primaries in Zamfara by INEC was based.”

Malami in the letter invited INEC to comply with the judgment of the Court of Appeal by admitting the results of the APC Zamfara State primaries.

He also invited INEC to comply with the provisions of Section 38 of the Electoral Act, which empowers the commission to postpone the election for the governorship, National Assembly and House of Assembly elections.

He said this was in view of the fact that since the Court of Appeal had upheld the primaries as valid, the APC in Zamfara State would need a little time to catch up with its contemporaries in the election.

He said: “Granting them this concession is not necessarily a favour but a right that inures to all contestants under similar circumstances.”

The AGF maintained that by the doctrine and principle of judicial precedence, the appeal superseded the Federal High Court’s position which foreclosed APC Zamfara State from fielding candidates in the February and March general elections.

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