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Yesterday morning, a man in his early 50s committed suicide by jumping from the 5th floor of the Administrative Building of the University College Hospital (UCH), Ibadan, Oyo State.

The incident, which caught many people unaware, attracted their attention when they suddenly saw the man landing with a thud on the cemented floor outside the Mortuary Department of the hospital.

Dressed in blue native attire, wearing a pair of palm sandals, the deceased, whose identity was yet to be ascertained by the police smashed his head when he hit it on the floor.

Though the workers at the hospital were still on strike as at present, the management, according to the Public Relations Officer of the hospital, Deji Bobade, detailed a doctor to examine him who certified him dead, after which the police were invited and took some investigation notes before the remains were deposited at the hospital morgue.

Unconfirmed reports indicated it that the man left a note indicating he was duped of N30million and so decided to take his life. The note was said to have been taken away by the police.

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ALERT!!! CBN Warns Of Another Looming Recession

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The Monetary Policy Committee (MPR) of the Central Bank of Nigeria (CBN) on Tuesday warned that the economy may recede again into recession unless concrete steps were taken to implement the 2018 budget, create employment and increase the minimum wage.

This is just as seven of the 10 members that attended voted to retain all the policy rates including Monetary Policy Rate (MPR) at 14 per cent; Liquidity Ratio at 30 per cent; Cash Reserve Ratio (CRR) at 22.5 per cent; and Asymmetric Corridor of +200 and -500 basis points around the MPR.

Briefing journalists on the outcome of the meeting which held on Monday and Tuesday, Governor of CBN, Mr Godwin Emefiele said “the committee was concerned that the exit from the recession may be under threat as the eco0nomy slowed to 1.95 and 1.50 per cent during the first and second quarters of 2018 respectively.

“The committee noted that the slow down emanated from the oil sector with strong linkages to unemployment and growth in other key sectors of the economy.

“In this regard, the committee urged the government to take advantage of the current rising trend in oil prices to rebuild fiscal buffers, strengthen government finances in the medium term and reverse the current trend of decline in output growth.”

According to him, MPC noted that “though growth remains weak, the effective implementation of 2018 Federal Government budget and policies that would encourage credit delivery to the real sector of the economy may boost aggregate demand, stimulate economic activity and reduce unemployment in the country.

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NEWS

Wonder Bank Operator Disappears With N27bn Customers Deposits In Cross River

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A wonder bank, operating under the name, Micheno Multipurpose Cooperative Society, MMCS, has defrauded over 13,000 people to the tune of N27 billion in Cross River State.

The scheme owned and operated by one Michael Eke, had promised depositors of N100,000 and additional N50,000 at the end of 40 days, and those who deposit N150,000 would get N300,000 at the same period.

A deposit of N1 million would earn a N500,000 profit at the end of the same period while deposits above N1 million would be calculated in N1 million units.

The scheme berthed in Calabar in June 2018 and had been attracting patronage from residents of the city numbering about 13,000.

Some of the depositors parted with their life savings and others deposited their gratuities, which run into millions with the hope of reaping bountifully at the end of 40 days.

However, at the end of the 40 days, some depositors got paltry alerts of their money while over 13,000 others did not get anything and have since not heard from the operators of the bank in the past one month and their office in Calabar has remained shut.

The scheme started as a Swiss marketing company on WhatsApp and in less than one month, the groups grew to about 36 all providing information on the benefits of joining the scheme and attracted a lot of people to deposit their monies with the scheme’s office in the city.

“I have N33 million stocks with the scheme. It may not be much compared to what others have but this has destabilised my life and turned me to a mad woman with no bearing and I have lost interest in life and work,” a customer, Edna Nzegu, said.

Some of the depositors accused a Calabar-based comedian, MC Mbakara, of conniving with Mr Eke to fleece them of their money by promoting the scheme on his WhatsApp thread and website, which persuaded them to believe that the scheme was genuine and he has since gone into hiding.

Speaking from his hideout, Mbakara said he was not part of the company even when he was appointed vice president of the scheme by Eke.

He said: “I have been accused of so many things I am not aware of. I am not on the run and not hiding. My phone lines have been open and I am very available.” He said he was only a brand ambassador whose following on and offline was used by Eke to drive an aggressive campaign that brought a lot of depositors to the scheme.

Cross River Police Command spokesperson, Ms Irne Ugbo, said reports had been made by some depositors of the scheme and investigation is ongoing. “to unravel what the scheme is about and what actually happened to the depositor’s funds.”

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BIG STORY

Aisha Buhari Confirms Arrest Of Her ADC Over Alleged N2.5bn Fraud

Gbemileke Ajayi

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Aisha Buhari, the wife of President Muhammadu Buhari, has confirmed the arrest of her Aide-De-Camp, Sani Baban-Inna, a Chief Superintendent of Police.

Hajia Buhari made the confirmation in a statement by her media aide, Suleiman Haruna, on Tuesday.

She said Baban-Inna had been her ADC since 2016 and was arrested by the police authorities based on proven cases of corruption.

She denied having a hand in his arrest.

The statement by Haruna said: “The attention of wife of the President, Dr. Mrs. Aisha Muhammadu Buhari has been drawn to some media publications and releases purporting illegal detention of her Aide De Camp (ADC) over allegations of fraud.

“The story as it pertains to her ADC, Chief Superintendent of Police (CSP) Sani Baban-Inna has it that he has been detained on the orders of Her Excellency for dropping her name and defrauding unsuspecting officials and associates. She wishes to use this opportunity to refute such allegation and to state that she has no hand in his arrest and detention.

“CSP Sani Baban-Inna has been her ADC since 2016 and has been associated with her ever since. To the utter dismay of Her Excellency, he has used the opportunity to defraud unsuspecting associates and officials as initial investigations have shown.

“The Nigeria Police Force, his employers arrested him to investigate the allegations levelled against him, this, being within their jurisdiction.

“She, therefore, wishes to use this opportunity to inform the general public that she has never sent any of her staff to collect any favours on her behalf or on behalf of her children and will never do so. She is, therefore, imploring anyone that has been defrauded by Mr. Baban-Inna to get across to him to retrieve whatever he took from them. Mrs. Buhari wishes to reiterate that she will not condone fraudulent behaviour by any of her staff.

“She uses this opportunity to call on all those in positions of authority to rise above intimidation by their aides and deal with such attitudes as extortion by name-dropping, especially within the Presidency. As she always emphasizes, this government was voted into office based on the trust and confidence of the people.”

Baban-Inna was accused of fraudulent acts to the tune of N2.5 billion.

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