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BREAKING: Oshiomhole Makes Surprise Appearance At Presidential Election Tribunal

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The National Chairman of the All Progressives Congress (APC) made a surprise appearance on Monday at the hearing of the petition by the Peoples Democratic Party (PDP) and its candidate in the last presidential election, Atiku Abubakar.

This is the first time the APC Chair will be attending proceedings at the Presidential Election Petition Tribunal (PEPT) which commenced siting about two months ago.

Before now, the Chairman of the PDP, Uche Secondus and the party’s Vice Presidential candidate, Peter Obi had attended proceedings at different times.

Dressed in brown French suit, Oshiomhole entered the court a little over 9am, accompanied by former Chairman of the Economic and Financial Crimes Commission (EFCC), Nuhu Ribadu.

He went straight to the court’s gallery, where he met and shook hand with those already seated, who are mostly chieftains of the PDP.

Among them are former Senate President, Adolphus Wabara, former Chairman of the defunct National Republican Convention (NRC), Tom Ikimi and the spokesman of the PDP, Kola Ologbondiyan.

Oshiomhole, who sat next to Ikimi, conversed briefly with him until the tribunal commenced sitting around 9.35am.

The APC Chair, announced appearance as standing in for the party and President Muhammadu Buhari, who are listed as the second and third respondents in the petition by the PDP and Atiku.

The petition is challenging the outcome of the last presidential election won by Buhari, who was the candidate of the APC.

Details shortly.

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Appeal Court Affirms Dethroned Magodo Monarch’s Jail Term Over Fake Kidnap

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The Court of Appeal in Lagos has upheld the conviction of Mutiu Ogundare, the former Baale of Shangisha in Magodo, Lagos State, for staging his own abduction.

On September 27, 2022, Justice Hakeem Oshodi of the Lagos State High Court in Ikeja sentenced Ogundare to 15 years in prison. However, Ogundare appealed the decision, seeking to overturn the conviction.

On Monday, the Court of Appeal heard the case, with Mr. Jubril Kareem representing the respondent and Mr. Kayode Ojo representing the appellant. In a judgment delivered by the lead Justice, Peter Bassi, the three-man panel upheld the lower court’s decision on counts one and two but overturned count three. The other justices on the panel, Bayero and Folashade Ojo, concurred with the lead justice.

While the appeal was partially successful, the court reduced Ogundare’s sentence from 15 years to 12 years. This means that Ogundare will serve a reduced term for his role in faking his own abduction.

The court, however, held, “The appellant is to serve 10 years imprisonment, for count one and two years for counts two, respectively.”

On the third count, the court upturned the sentence in respect of false representation to release a kidnapped person.

The convict was first remanded on July 16, 2017, in Kirikiri Prison, by an Ogba Magistrate’s Court, for allegedly faking his kidnap.

Ogundare was prosecuted alongside his wife, Abolanle and brother, Opeyemi Mohammed.

They were arraigned on three counts bordering on conspiracy, breach of peace and fake kidnapping, preferred against them by the Lagos State government.

Justice Oshodi, on June 15, 2022, convicted Ogundare and his brother Opeyemi Mohammed and reserved judgment till September 27, 2022.

Before their conviction, Ogundare’s  counsel Olarewaju Ajanaku, in his allocutus pleaded with the court to temper justice with mercy.

Ajanaku told the court that the convict had turned a new leaf and that he did not think through his actions when he committed the offence.

The second defence counsel, Dr. Olayinka Owoeye, also in his allocutus prayed the court to temper justice with mercy adding that the convict (Mohammed),had learnt his lessons.

The said kidnap took place on July 5, 2017, but Ogundare later confessed to security services that he staged the kidnap to blackmail the state government.

He was allegedly abducted by three men along the Centre for Management Development Road, Ikosi-Isheri Local Council Development Area.

The Baale was said to have received a phone call from alleged developers, who had indicated an interest in a landed property within his domain.

The callers told him where to meet them, prompting Ogundare to drive to the address with one of his brothers, Mohammed.

On arriving at the location, the three men appealed to the Baale and his brother to join them in their White Toyota Venza so that they could go and see the land.

It was stated that on their way, the Baale’s brother noticed one of the men had a gun with him and he raised alarm and the suspected kidnapper pushed the Baale’s brother out of the vehicle and sped off with the Baale.

In the same month, the former governor of Lagos State, Mr Akinwunmi Ambode, ordered the removal of Ogundare as the baale of Shangisha.

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BREAKING: CBN Raises Interest Rate To 26.75% Amid Soaring Inflation

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The Central Bank of Nigeria (CBN) has once again increased the Monetary Policy Rate (MPR), a key indicator of interest rates, by 50 basis points.

The MPR has risen from 26.25% to 26.75%, a move aimed at tackling the escalating inflation and surging food prices in the country.

CBN Governor, Olayemi Cardoso, made the announcement following the 296th Monetary Policy Committee (MPC) meeting held at the apex bank’s headquarters in Abuja on Tuesday.

This decision reflects the CBN’s efforts to curb the rising cost of living and stabilize the economy, as inflation continues to pose a significant challenge to the country’s economic growth.

 

More to come…

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JUST IN: Senate Passes Minimum Wage Bill In Record Time

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The Senate has successfully passed the new minimum wage bill through its third reading, marking a significant milestone in the legislative process.

In a swift sequence of events on Tuesday, the bill underwent its first reading, which was prompted by President Bola Tinubu’s request, followed by its second reading, which entailed a debate on the general principles of the bill.

The third reading, which took place within the same hour, solidified the bill’s progress.

The legislation aims to increase the country’s minimum wage from N30,000 to N70,000, a significant adjustment intended to benefit Nigerian workers. During the debate on the bill, Opeyemi Bamidele, the Senate’s majority leader, revealed that the agreed-upon figure of N70,000 was the result of thorough negotiations among all parties involved.

This consensus underscores the collaborative effort to ensure a fair and reasonable minimum wage for the country’s workforce.

“This is part of the federal government’s short term measure to mitigate the situation in the country,” Bamidele said.

On his part, Tahir Monguno, chief whip, said there is a need to review the minimum wage in line with economic realities.

“The review of the minimum wage used to be after every five years. It is now every three years,” Monguno said.

“There is a need to review it and bring it in tandem with the realities of society.”

Thereafter, the senate dissolved into the “committee of the whole” to approve clauses of the bill.

Last week, Tinubu asked the national assembly to increase the 2024 appropriation Act by N6.2 trillion.

The president said N3.2 trillion is for infrastructure projects and N3 trillion for recurrent expenditure.

Defending the president’s request before the house of representatives committee on appropriations on Monday, Atiku Bagudu, minister of budget and economic planning, said the N3 trillion is intended to cover the new national minimum wage.

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