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2019:Fr Mbaka Attacks Buhari, Calls Atiku ‘Bureau De Change’, Predicts Winner Of Election

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The Spiritual Director, Adoration Ministry Enugu Nigeria, Rev. Fr. Ejike Mbaka has said that while President Muhammadu Buhari is “change,” former Vice President Atiku Abubakar is “bureau de change.”

Mbaka described Atiku as a bureau de change, according to him, because of the foreign currencies that allegedly exchanged hands at the National Convention of the People’s Democratic Party, PDP, before the ex-VP emerged the party’s presidential candidate.

Mbaka, however, predicted that Atiku will defeat Buhari in 2019 but warned him not to emulate Buhari if he is elected the president.

The fiery cleric said this while addressing his congregation at the Adoration Ground.

“So let the will of God be done in Nigeria. It is like what I have been saying Buhari change or you will be changed”

Mbaka said that Buhari had all the human and material resources at his disposal to make the country better but rather chose to play ethnic, despotic politics.

“What will it take you; change the Chief of Staff, change B, change C, change this and change that; even if it will take 20 Igbo men or 20 Yoruba men to change Nigeria; take all of them. Look at what (Chukwuma) Soludo did in the Central Bank; he has assured Nigeria and the whole world that there is nothing like bank collapse again.

“An Igbo man did this, why can’t Buhari take Soludo for the economic revival and revamping of Nigeria’s economy? And you are busy talking about corruption, playing a game with the lives of Nigerians from the issue of Fulani herdsmen to Boko Haram to Jos killings. You said somebody stole, what did he steal?

“Someday, they said the government has spent trillions of naira on social investment scheme and I want to know who are the people they were spending the money on; the Vice President said they are giving N10,000 to small-scale businesses and I asked, is this how they will transform Nigeria? You give somebody N10,000 for business, what type of business will N10,000 start?

“Somebody will have billions and want to take the one belonging to the public while hunger will be killing his people. Look at the type of money they shared during the primaries to the extent that they brought Bureau de Change. They said Buhari is change, but Atiku is bureau de change. They were sharing the money in dollars and it was going out in millions of dollars in Nigeria where hunger is killing people; where you don’t have food to eat.

“If they spend such monies to get the ticket, how do you think that when they get into power they will rule, of course, they will first recover the money they have spent but the worst is that the money was not being shared to the poor,” he lamented.

Speaking further, the prophet described the cost of APC Expression of Interest and Nomination forms as outrageous.

According to him, if the leadership of the party had a conscience, they would not have collected N24 million from people to obtain the forms.

“There are some people that sold their land to pay for this form because of the promise they were made. I don’t think these politicians were thinking of heaven that is why they are ready to kill anybody that stands on their way,” he said.

Mbaka said that Atiku may not be able to solve the problems of Nigeria if he emerged victorious.

“If anybody is thinking that if Atiku becomes the President of Nigeria things will get better, ‘who born you’ because for this country to be good it is easier for a camel to pass through the eye of a needle than this country to be good,” he said, urging that Nigerians must do their part to make Nigeria the nation of their dream.

The fiery preacher predicted defeat for the APC but said that there was still an opportunity for change.

“There are no people that will develop this country that are not in Nigeria. We have people who will develop this nation, but our President left the same type of people who don’t have the same type of vision around him and everything they do is in your head.

“After you are removed, they will bring people that will flog you because you messed up the opportunities because you didn’t listen to the word of God. You didn’t listen to the man of God you have and you were disobeying him.

“The price of disobedience is a disgrace,” he declared.

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JUST IN: CBN Increases Banks Capital Base To N500bn, N200bn For National Commercial Banks

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The capital basis for commercial banks with international permission has been raised to N500 billion by the Central Bank of Nigeria (CBN).

The policy change was confirmed by Mrs. Hakama Sidi Ali, CBN’s acting director of corporate communications. in a declaration.

She added that commercial banks with regional authorization are expected to reach a capital floor of N50 billion, while those with national authority must meet a ceiling of N200 billion.

Announced on Thursday, March 28, 2024, this comprehensive financial reform requires significant increases in banks’ minimum capital bases, which vary depending on the size of the bank.

The latest policy directive specifies that commercial banks with international authorization are now required to shore up their capital base to N500 billion.

In a bid to tighten the financial fabric, the CBN has not overlooked merchant banks, which are now subject to a N50 billion minimum capital requirement.

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Detained Binance Executive Gambaryan Drags EFCC, NSA To Court

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Tigran Gambaryan, the CEO of Binance who is currently in detention, has claimed that he has been violated in his fundamental human rights by the Economic Financial Crimes Commission and Nuhu Ribadu, the National Security Adviser.

Gambaryan, in an originating motion marked: FHC/ABJ/CS/356/24 sought a declaration that his detention and seizure of his international travel passport, contravened Section 35 (1) and (4) of 1999 Constitution.

He urged the court to order the NSA and the EFCC to release him from their custody and return his international travel passport with immediate effect.

Gambaryan also sought an order of perpetual injunction restraining the respondents and their agents from further detaining him in relation to any investigation into or demands from Binance.

He also urged the court to order the respondents to issue a public apology to him.

Gambaryan averred that he was in Nigeria alongside fleeing Nadeem Anjarwalla to honour the invitation of the ONSA and EFCC to discuss issues relating to Binance in Nigeria.

Anjarwalla escaped from the guest house where he and Gambaryan were being held

He argued that he had not committed any offence during the meeting, and neither was he informed in writing of any offence he personally committed in Nigeria at any other time.

“The only reason for his detention is because the government is requesting information from Binance and making demands on the company,” he added.

The fleeing Anjarwalla also filed a similar suit, marked: FHC/ABJ/CS/355/24.

At the proceedings on Thursday, T.J. Krukrubo (SAN) appeared for the plaintiffs, while the respondents had no representation.

Krukrubo informed the court that the respondents were served two days ago.

Shortly after that, he announced to the court that he was withdrawing from the matter as counsel for the fleeing Anjarwalla.

He did not give reasons for his withdrawal.

The trial judge, Justice Inyang Ekwo, adjourned the matter till April 8.

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Federal Government To Arraign Binance Executives Over ‘Tax Evasion’ On April 4

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On April 4, the federal authorities will file charges against senior executives of the cryptocurrency company Binance, Tigran Gambaryan, and Nadeem Anjarwalla, for allegedly engaging in “tax evasion.”

Anjarwalla is Binance’s regional manager for Africa, while Gambaryan oversees the company’s compliance with financial crimes.

The Federal Inland Revenue Service (FIRS) charged Binance with a crime on March 25th for “tax evasion.”

The service claims that the action is intended to maintain national economic integrity and fiscal discipline.

The lawsuit, designated as suit number FHC/ABJ/CR/115/2024, is said to “implicate Binance with a four-count tax evasion accusation”.

However, on Thursday, NAN reported the federal government will charge the three defendants before Emeka Nwite, the presiding judge, at the federal high court (FHC) in Abuja on a four-count charge.

Despite not being a vacation judge, according to the report, the chief judge granted the fiat for the judge to oversee the case during vacation because it is a matter of critical national interest.

The lawsuit comes a month after Anjarwalla and Gambaryan were detained by the Nigerian authorities.

Anjarwalla and Gambaryan had flown into Nigeria but had their passports seized by ONSA.

On March 12, Anjarwalla was transferred to a local hospital after he fell ill while in detention in Nigeria.

However, on March 25, Anjarwalla escaped from custody and fled Nigeria with a smuggled passport.

Meanwhile, Gambaryan, on March 28, sued Nuhu Ribadu, the national security adviser (NSA) and the Economic Financial Crimes Commission (EFCC), alleging violation of his fundamental rights.

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