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Obi Cubana Spends Second Day With EFCC, Passport Seized

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The Economic and Financial Crimes Commission has reportedly confiscated the passport of a popular socialite and businessman, Obinna Iyiegbu, aka Obi Cubana, who was arrested on Monday for alleged money laundering and tax fraud.

It was gathered that the seizure of his travel document was to prevent him from leaving the country while under investigation.

Checks revealed that the anti-graft agency quizzed the Anambra-born social media influencer for the second day on Tuesday at its Abuja, Jabi headquarters.

A source stated, “Obi Cubana has not been released, he is still having quality sessions with investigators over alleged money laundering running into millions of naira and tax fraud.

“He will be released when he has satisfactorily responded to all questions relating to his involvement in various illegal deals. As part of the investigation, his travel document has been temporarily seized pending the conclusion of investigations.”

The EFCC spokesman, Wilson Uwujaren, confirmed that the suspect is still in custody, however, said he has no information on the seizure of his passport.

Meanwhile, the Uyo Zonal Command of the EFCC has arrested 20 suspected internet fraudsters in a sting operation on Tuesday at three different locations in Calabar, Cross Rivers State.

While some were arrested at Parliamentary Extension, others were arrested at Ikot Ene Obong 8 miles and Ekorimim Housing Extension.

The suspects include Sylvester Lucky, a 30-year- old car dealer from Yala LGA of Cross River State; Samuel Uwanikone, 20, from Sapele in Delta State; Samuel Olofu, 21, from Benue State; Christopher Apuya, 20, from Obudu LGA of Cross River State; Esiso Mathew, 22, from Sapele in Delta State; Eyare Ernest, 20, from Boki LGA of Cross River State; Pedro Nsokedinam, 25, from Ukanafun LGA of Akwa Ibom State; Chimemma Mathew, 21, a fashion designer from Awka in Anambra State; Chukwudubem Chukwunewubze, 21, from Nnewi LGA of Anambra State and Chima Okeukwu, 20, from Oru west LGA in Imo State.

At the time of their arrest, two Mercedes Benz C300, a Lexus 300 Saloon car, a Toyota Corolla and two Toyota Camry cars, over 10 laptops, several mobile phones, and wristwatches were recovered from them.

A statement by the EFCC spokesman said the suspects would be charged to court after investigation.

 

 

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JUST IN: Reps Order NERC To Suspend Implementation Of New Electricity Tariff

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The Nigeria Electricity Regulatory Commission (NERC) has been requested by the house of representatives to halt the introduction of the new price.

Following the passage of a motion of urgent public significance on Tuesday, the lower legislative chamber passed the resolution in plenary session.

Nkemkanma Kama, a Labour Party (LP) politician from Enonyi state, sponsored the resolution.

On April 3, NERC approved an increase in electricity tariff for customers under the Band A classification.

The commission said customers under the category, who receive 20 hours of electricity supply daily, would begin to pay N225 per kilowatt (kW), starting from April 3, up from N66.

 

More to come…

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Nigeria Will Be In Darkness If FG Doesn’t Hike Electricity Tariff — Minister Power Adelabu

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Minister of power, Adebayo Adelabu, says the country will be thrown into darkness if the federal government does not hike electricity tariff.

Recall that the Nigeria Electricity Regulatory Commission (NERC), on April 3, approved an increase in electricity tariff for customers under the Band A classification.

The commission said customers under the classification, who receive 20 hours of electricity supply daily, will now pay N225 per kilowatt (kW), starting from April 3, up from N66.

Appearing before the senate committee on power on Monday, Adelabu said although citizens are bearing the brunt of the increase, it would “catapult us to the next level”.

“The entire sector will be grounded if we don’t increase the tariff,” the minister said.

“With what we have now in the next three months, the entire country will be in darkness if we don’t increase tariff.

“The increment will catapult us to the next level. We are also Nigerians, we are also feeling the impact.”

Adelabu said if distribution companies (DisCos) do not provide 20 hours of power for seven consecutive days, the customer should be billed on the old tariff.

“We made it a conditional tariff, we made it a service reflective tariff, that the only condition that can make a discriminate company charge the new tariff of N225 per kilowatt hour is they must ensure they supply a minimum of 20 hours to that consumer everyday,” he said.

“If they cannot sustain this within a period of seven days, such consumers must be granted the old tax.

“Any consumer that can get supply for 20 hours, they can pay N225 per kilo as against the N66 in the old regime. And we also put in some monetary and tracking framework to ensure that these posts are compelled to comply with this tariff order.

“And this was displayed in the first day or the first week of this new regime, when it was discovered that a particular DisCo was not supplying for up to 20 hours and was charging the customers. A penalty of N200 million was slammed on this DisCo.”

The minister added that the fine has served as a deterrent to DisCos.

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Senate, Reps Set To Resume Plenary In New Chambers After To Years Of Renovation [PHOTOS]

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Members of the senate and house of representatives are set to resume plenary in renovated chambers.

The legislators will resume plenary on Tuesday (today) after a break spanning more than five weeks.

The parliamentarians had begun their Easter and Eid el-Fitr vacations on March 20.

They were supposed to meet again on April 16, but the meeting was rescheduled.

On Monday, the house of representatives’ leadership, led by Speaker Tajudeen Abbas and his predecessor Femi Gbajabiamila, examined the green chamber.

The renovation of the chamber began in April 2022.

Since then, the legislators have been using a temporary chamber in one of the committee rooms.

In 2019, the national assembly budgeted over N30 billion for the renovation of the complex, but the amount had sparked criticisms.

The sum was later reviewed to N9 billion.

See photos of the renovated green chamber below;

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