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Buhari Pushed Nigeria To Top 10 Most Improved Economies – Lai Mohammed

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President Muhammadu Buhari put Nigeria in the top 10 most improved by implementing over 150 recommendations of Enabling Business Environment Council (PEBEC), Alhaji Lai Mohammed, minister of information and culture, has said.

The minister explained that the reforms were responsible for moving Nigeria up 39 places on the World Bank Doing Business Index since 2016.

Mohammed who disclosed this during a visit to the IshK Tolaram Foundation in Lagos, yesterday, said: “To understand the significance of Nigeria moving up in the World Bank Doing Business Index, we have to recall that between 2007 and 2015, Nigeria lost 64 places in the World Bank ease of doing business ranking.”

According to him, as a result of the reforms, the 2018 Sub-national Doing Business report on Nigeria recorded unprecedented improvement, adding that the World Economic Forum, WEF, in its 2018 Global Competitive Report, recognized Nigeria’s business environment as one of the most entrepreneurial in the world, and highlighted Nigeria’s improved competitiveness in enabling business environment.

He also said the Companies and Allied Matters Act, 2020, CAMA 2020, signed by President Muhammadu Buhari, Nigeria’s most significant business legislation in three decades, introduced at least 15 new provisions that promoted ease of doing business and reduce regulatory hurdles in Nigeria.

The minister said PEBEC also collaborated with the National Assembly on the Secured Transaction in Movable Asset Act, STMA, 2017 and the Credit Reporting Act, 2017, which provides a legal framework for collateralization of moveable assets with the creation of the National Collateral Registry, while CRA 2017 enhances credit reporting in Nigeria.

“The creation of a National Collateral Registry, NCR, of movable assets by the Central Bank of Nigeria, CBN, with the support of the International Financial Corporation, IFC, in May 2016 ensures that functional equivalents of collaterals can be registered. To date, over N1 trillion assets have been uploaded on the Registry,” he said.

Other reforms listed by the minister include visa on arrival for business people, reduction in the time it takes to register a company at the Corporate Affairs Commission, CAC, through the Company Registration Portal, CRP, from about two weeks to just a few days and the introduction of the electronic filing and payment of federal taxes.

Mohammed commended the IshK Tolaram Foundation for its programs in Nigeria, especially in the areas of healthcare, entrepreneurial and vocational training, saying the artificial limbs provided free of charge had inspired hope for the beneficiaries.

He said: “I am reliably informed that the Foundation, through its IshK Limb Centres in Lagos and Port Harcourt, and mobile camps, has provided more than 19,000 free prosthetic limbs.

“I am also aware that 242 students have graduated from the Foundation’s vocational skills training program, while 157 have started earning their livelihood through jobs and start-ups. This is quite impressive and I congratulate the IshK Foundation for this feat.’’

The Programme Director of ISHK Foundation, Ms. Neha Mehra, who conducted the ministry around the Lagos center, said the foundation, which is funded with 25 percent of the profit from the Tolaram Group, was set up as the next step in a 100-year history of philanthropy at Tolaram.

She said the Foundation partners with churches, mosques, hospitals, and NGOs to identify and support people requiring artificial limbs free of charge.

Some of the beneficiaries of the Foundation’s activities were on hand to brief the minister on how the quality of their lives had been enhanced by such activities.

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Libya Arrests Four Nigerians Over Drug Trafficking, Health Risks [VIDEO]

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Libyan authorities have arrested four Nigerians in Sabha and Bani Walid on charges related to drug trafficking and testing positive for infectious diseases.

The arrests were announced on Monday by Migrant Rescue Watch, an advocacy group, through a post on X (formerly Twitter).

In Sabha, the Criminal Investigation Department (CID) conducted a raid at the residence of two Nigerian suspects and seized 1,200 hallucinogenic pills along with other illicit substances. Both suspects were handed over to the Sabha Security Directorate for further investigation.

In a statement, Migrant Rescue Watch confirmed: “CID in Sabha carried out a raid on a reported location and arrested two Nigerian drug traffickers. During a search of the premises, police found 1,200 hallucinogenic pills and other illicit drugs. Both individuals were transferred to the Sabha Security Directorate.”

In a separate incident, two Nigerians, a male and a female, were detained in Bani Walid during a routine health screening after testing positive for infectious diseases.

The Directorate for Combating Illegal Migration (DCIM) in Bani Walid transferred the suspects to Tripoli, Libya’s capital, for further processing and eventual repatriation to Nigeria.

Migrant Rescue Watch’s statement read, “DCIM Bureau in Bani Walid transferred two Nigerian #migrants (female and male) who tested positive for infectious diseases to Tripoli for repatriation.”

Bani Walid, located south of Tripoli, is known as a transit hub for migrants attempting to cross into Europe. Libyan authorities continue to crack down on illegal activities and enforce public health measures within the region.

 

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Two US-Based Nigerians Bag 30-Year Jail For $3.5m Romance Scam

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Two Nigerians, Anthony Ibekie and Samuel Aniukwu, have been sentenced by a United States federal jury to a combined 30 years in prison for defrauding US citizens of $3.5 million.

The sentencing was announced in a press release made available on the US Department of Justice website on Monday.

According to the statement, Ibekie and Aniukwu deceived their victims by claiming they had received substantial inheritances that required money to be claimed. The duo would then ask the victims to send money with the promise of reimbursement once the inheritances were secured.

The statement also highlighted that the pair carried out romance scams, building online relationships with their victims to gain their trust, only to later demand money.

It read, “An undercover law enforcement investigation has resulted in federal prison sentences for two Nigerian nationals residing in the Chicago suburbs who conducted online inheritance scams and other fraud schemes.

“Using aliases, Anthony Emeka Ibekie and Samuel Aniukwu communicated with victims throughout the United States, convincing them they had received substantial inheritances and needed to send money to individuals associated with the defendants in order to claim it.

“In addition to the inheritance scam, the pair carried out an online romance scam that involved communicating with victims via social media and dating websites, building trust with the victims through a purported online romance, and convincing them to send money to a predetermined recipient. Aniukwu and Ibekie also orchestrated a ‘business email compromise’ scam that targeted corporate email accounts.

“The fraud schemes were uncovered by a covert law enforcement investigation. The scams resulted in losses to victims of at least $3.5 million.”

The statement further noted that after facing at least 14 charges, Ibekie and Aniukwu pleaded guilty to the accusations. As a result, Ibekie was sentenced to 20 years in prison on Thursday, while Aniukwu received a 10-year sentence on November 8.

The statement continued, “A federal jury earlier this year convicted Ibekie, 59, of Oswego, Ill., on all 14 counts of wire fraud, mail fraud, money laundering, making false statements to a bank, and passport fraud. U.S. District Judge Steven C. Seeger on Thursday sentenced Ibekie to 20 years in federal prison.

“Aniukwu, 50, of Romeoville, Ill., pleaded guilty last year to wire fraud and money laundering charges. Judge Seeger on Nov. 8, 2024, sentenced Aniukwu to 10 years in prison.”

Meanwhile, an accomplice of Ibekie and Aniukwu, US citizen Jennifer Gosha, is set to be sentenced on December 18 following her guilty plea.

“A third defendant, Jennifer Gosha, 52, a U.S. citizen from Oak Park, Ill., pleaded guilty earlier this year to charges of wire fraud and making false statements to a federal agent. Gosha is scheduled to be sentenced by Judge Seeger on December 18, 2024,” the statement concluded.

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JUST IN: Ebonyi Governor Suspends Health, Housing Commissioners Over “Gross Misconduct, Negligence Of Duty”

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The Governor of Ebonyi State, Francis Nwifuru, has suspended the state Commissioner for Health, Dr. Moses Ekuma, and his counterpart in Housing and Urban Development, Francis Ori.

The suspensions occurred on Monday during the State Executive Council meeting in Abakaliki, the state capital.

A statement issued by the Commissioner for Information and State Orientation, Jude Okpor, on Tuesday morning, read, “Following cases of gross misconduct and dereliction of duties by some government officials and matters related thereto, the Chairman of Council directed the indefinite suspension of the Honourable Commissioner for Housing and Urban Development and three months suspension of the Honourable Commissioner for Health respectively.”

Reports suggest that the suspensions may be linked to the alleged theft of government property by officials in the Ministry of Health and the reported underperformance of the Housing and Urban Development commissioner, particularly regarding his poor management of the Amaeze Housing Scheme in the Ishielu Local Government Area.

It is also recalled that the governor visited the health ministry’s premises on Saturday night, where six officials were allegedly caught diverting government materials. He subsequently ordered their arrest and prosecution.

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