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Reps Summon Attorney General Malami, Minister Of Finance Zainab Ahmed, Over Payment Of $200m For ‘Consultancy Services’

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A house of representatives committee has summoned Abubakar Malami, minister of justice; and Zaina Ahmed, the minister of finance, over an alleged payment of $200 million to two companies for “consultancy service”.

Mark Gbillah, chairman of the committee investigating the alleged loss of $2.4 billion in revenue from the illegal sale of 48 million barrels of crude oil, issued the summon during a public hearing on Wednesday.

Last week, the committee had invited Malami and Ahmed over the missing funds.

Gbillah had said it received reports that Malami, also the attorney general of the federation, received funds outside the country through the whistleblower policy, but did not remit it to the federation account.

He also said the minister of finance approved payments to whistleblowers which were not in accordance with what the policy stipulates.

However, the duo shunned the committee and refused to show up.

In a fresh invitation of the ministers on Wednesday, the chairman of the committee said a whistleblower informed the Nigerian Financial Intelligence Unit (NFIU) that Malami approved the payment of the $200 million to two private companies — Biz Plus and GSCL for “consultancy services.”

According to Gbillah, funds suspected to be looted are being moved through the office of the accountant general of the federation (OAGF).

He described the development as “unconstitutional”, adding that the latest summon would be the final notice to the ministers; and the committee may be forced to invoke its constitutional power of warrant of arrest.

“There was an incident about a whistleblower who made a formal report to the Nigerian Financial Intelligence Unit (NFIU) about $200 million paid into two companies account Biz Plus, and GSCL allegedly for consultancy services, which allegedly were approved by the attorney general’s office on the approval of Mr. president,” Gbillah said.

“We have looked at the functions of the attorney general’s office and we have not seen any statutory powers provided for the attorney general by the constitution to determine how Nigeria’s money should be spent.

“We need the honourable minister of finance, and the attorney general of the federation to appear before this house to provide clarity on the inflows that have come in from whistleblowers’ recoveries, and about these monies that were recovered.”

In December 2022, the house set up the ad hoc committee to investigate a whistleblower’s claims that 48 million barrels of Bonny light crude were illegally sold in China in 2015.

The committee was also to investigate all crude oil exports and sales by Nigeria from 2014 till date.

BIG STORY

UPDATE: Nigerian Police File 12 Fresh Cybercrime Charges Against Dele Farotimi [PHOTOS]

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The Nigerian Police have brought new cybercrime charges against detained human rights lawyer, Dele Farotimi.

The additional 12-count charge was filed on Friday, December 6, 2024, before a Federal High Court sitting in Ado-Ekiti.

This comes after 16 charges were previously filed against Farotimi by the Police on Wednesday.

It will be recalled that the human rights lawyer was arrested in Lagos on Tuesday, December 3, 2024, by operatives of the Ekiti State Police Command.

The following day, he was arraigned in a magistrate court in Ado-Ekiti on a 16-count charge of defamation of character against Senior Advocate of Nigeria (SAN) Afe Babalola, who was mentioned in his book, ‘Nigeria and its Criminal Justice System’.

In his ruling, Magistrate Abayomi Adeosun remanded Farotimi in prison custody until December 10.

In the latest charges, Farotimi is accused of making defamatory statements on Seun Okinbaloye’s podcast, based on content in his book, ‘Nigeria and Its Criminal Justice System’.

He is further accused of intimidating and maligning Afe Babalola during the podcast.

The lawyer was also charged with publicly discussing details of legal actions taken against him during a press conference on December 2, 2024, prior to his arrest on December 3, 2024.

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BIG STORY

Taraba Governor’s Sister “Accidentally Shot By Police Escort” During Gunmen Attack

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Atsi Kefas, the sister of Agbu Kefas, the governor of Taraba State, was reportedly shot by a police escort during an attack by gunmen on Thursday.

According to Zagazola Makama, a counter-insurgency publication focused on the Lake Chad region, Jumai, the governor’s mother, and Atsi were traveling along Kente Road in Wukari LGA of Taraba State when they were attacked.

The publication stated that a police officer assigned to escort the family “accidentally shot Atsi” while attempting to fend off the assailants.

Following the attack, troops rescued the victims and evacuated both Jumai and Atsi Kefas from the scene using an air ambulance.

The injured sister was rushed to the hospital for treatment, and her condition remains undisclosed at the time of this report.

The vehicle used by the gunmen was recovered by security forces, along with an empty magazine, and the luggage of the passengers was found in the vehicle.

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BIG STORY

Governor Sanwo-Olu Seeks Investors For Proposed $1.9bn Purple, Green Rail Line Projects

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Babajide Sanwo-Olu, the governor of Lagos, announced that he is seeking investors for the proposed $1.9 billion purple and green rail lines.

Sanwo-Olu made the statement on Thursday at the ongoing Africa Investment Forum (AIF) Market Days in Rabat, Morocco.

Discussing the state’s investment strategy for the purple rail line, Sanwo-Olu emphasized that the project presents a strong investment opportunity with promising returns.

The governor expressed enthusiasm about moving forward with the project, stating that his administration is ready to be flexible with investors to ensure its successful delivery.

He added that the purple rail line would connect Lagos and Ogun states.

“The purple rail line is a 60 km electrified rail system that will include 16 stations and seamlessly integrate with existing metro and bus services to enhance connectivity,” Sanwo-Olu said.

“It is projected to serve over 300,000 passengers daily, significantly reducing greenhouse gas emissions by encouraging a shift from road to rail transportation.”

Sanwo-Olu informed potential funders that the immediate requirement is $866.05 million, which will cover survey and design, as well as civil works.

He outlined a short-to-medium-term funding projection of $602.81 million and a long-term funding plan of $497.7 million.

The governor highlighted that the state is working toward a transportation master plan aimed at creating a brighter, more effective, efficient, sustainable, and safer system.

He emphasized the state’s focus on integrated transportation systems and mass transit solutions to reduce traffic congestion and commuting time, ultimately improving the health and wellbeing of residents.

He further explained that each corridor features a bus rapid transit (BRT) system and waterway routes, designed to take commuters off the major roads and alleviate traffic.

“Two of the stations that were built on the same line are also connected with water, rail and BRT altogether,” he said.

  • ‘THERE WOULD BE NO BACKLASHES, DISPLACED PERSONS WOULD BE COMPENSATED’

Sanwo-Olu assured investors that the state is committed to ensuring there would be no disruptions or backlash from displaced communities.

“The government would even pay compensations to displaced persons where necessary, so no additional burden is brought to would-be funders,” he added.

“We don’t want to lock in anything, we know all the various options. We understand how some of these things work.”

“We’re willing and ready to make those transactions work. We’ve seen from our experience how to guarantee revenue assurance.”

“We have a payment system under the cowry card, which is where we’d block leakages to a large extent, and the same contactless card can be used on our bus, train, and ferry, where it will all be integrated.”

“On a daily basis, they know what the traffic is and what is due to everybody. Whatever, based on the study or the ridership guarantee, we would look at it.”

Sanwo-Olu added that the state government would need “to either top up on other forms of revenue that can help out in terms of advertising rides on the corridor.”

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