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UBA Publishes Names, Account Details Of Individuals Who Got Cheap Dollars With Fake Visas And Tickets

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The United Bank of Africa has published the names of some individuals who applied for Personal Travel Allowance and bought cheap dollars at the bank but did not use it for the purpose they applied for.

The account numbers and Bank Verification Numbers of the defaulters were included in the publication.

According to the bank, the beneficiaries committed the offence after applying with fake tickets or visas.

The UBA disclosed this in a publication on its website titled ‘CBN FX defaulters’ on Friday.

It stated that “In compliance with the directive of Central Bank of Nigeria mandating banks to publish the names of defaulters of the forex exchange regulation.

“Based on regulatory directives, the following customers cancelled their trip and failed to return the PTA availed to them despite several emails, text messages and follow up phone calls.”

The bank added that “The customer(s) below presented fake visa to apply for PTA.”

Banks had earlier sent messages to their customers to notify them that travellers who bought foreign exchange from banks for travel purposes but failed to embark on the trip two weeks after their scheduled travel date must return the forex to the banks.

According to the banks, this was a directive from the CBN.

Defaulting customers who presented fraudulent travel credentials or cancelled their tickets and failed to refund the purchased PTA and BTA within two weeks, as stated in the signed customer declaration form, would have their identities and bank verification numbers published, the banks had said.

BIG STORY

Eid al-Adha: Speaker Obasa Calls For Compassion For The Needy, Urges Nigerians To Unite As One

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The Speaker of the Lagos State House of Assembly, Rt. Hon. (Dr) Mudashiru Obasa has emphasised the importance of compassion and charity towards the less fortunate in society.

The Speaker said this in a heartfelt message marking the celebration of Eid al-Adha, which was released to the public ahead of the festival by his Chief Press Secretary, Dave Agboola.

Speaker Obasa highlighted the essence of Eid al-Adha, which commemorates the willingness of Prophet Ibrahim (Abraham) to sacrifice his son as an act of obedience to God. He drew parallels between this spirit of sacrifice and the modern-day necessity of aiding the disadvantaged. “As we celebrate this significant occasion,” he noted, “let us remember those who are less fortunate. Compassion should be at the core of our hearts, motivating us to support the needy among us.”

He called on residents of Lagos State, especially the Muslim ummah, to extend their hands in kindness and participate in charitable acts, whether through donations, food distribution, or other forms of assistance to those facing hardships. “I encourage everyone to open their hearts and contribute to the welfare of others. It is through our collective efforts that we can alleviate suffering and build a more inclusive society,” he stated.

In the sallah message, Obasa stressed the need for individuals to embody the spirit of sacrifice in their daily lives, not only during festive periods but throughout the year. He reminded the public that sharing and caring for others fosters a sense of belonging and creates a more harmonious society.

The Speaker also reflected on the values of unity and community that Eid embodies, encouraging citizens all over the country to come together regardless of their differences. “Eid al-Adha teaches us the power of togetherness. Let us embrace our diversity and strengthen our bonds as a community, ensuring that no one is left behind,” he added.

Dr Obasa further extended his warm greetings to all Muslims in Lagos State, urging them to celebrate safely and responsibly while reflecting on the deeper meanings of the holiday. “Let us celebrate with gratitude and a renewed commitment to helping people around. May this Eid bring peace, joy, and prosperity to us all,” he concluded.

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BIG STORY

Tinubu Had The Guts To End Petrol Subsidy, Past Leaders Lacked The Will — Wike

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Nyesom Wike, minister of the federal capital territory (FCT), has said that President Bola Tinubu showed exceptional bravery by eliminating the petrol subsidy on his first day in office.

Wike made this statement on Thursday during the 2025 distinguished personality lecture held at Obafemi Awolowo University (OAU), Ile-Ife, Osun state.

The theme of the lecture was “The Nigeria of Our Dreams”.

According to the FCT minister, Tinubu set himself apart from previous leaders who, in his view, only talked about removing the subsidy without taking any action.

Leaders before him all spoke about the evil of fuel subsidy, but none had the courage to dare the blackmail of removing it, Wike said.

Tinubu did and is fittingly grappling with the inevitable, unintended and sometimes orchestrated consequences of this removal.

He said that as a result of the removal, states now have increased resources for development, public debt is no longer increasing, and fuel prices are gradually aligning with market forces due to regulatory enforcement.

‘NIGERIA’S MAIN PROBLEM IS BAD LEADERSHIP’

Wike pointed out that the major issue Nigeria continues to face is poor leadership.

He cited Chinua Achebe’s The Trouble with Nigeria, stressing that the absence of sound leadership remains the nation’s most persistent challenge.

This statement, damaging as it may appear, is extremely difficult to controvert, he said.

He said most of Nigeria’s leaders have come into power through self-interested arrangements that rarely prioritize national growth, whether under military or civilian rule.

He stated that Tinubu has proven himself to be a leader with integrity, foresight and determination.

Wike characterized the president as someone who takes well-informed, forward-thinking and practical decisions, and who leads with determination and courage.

The leader we need must believe in the infinite possibilities that Nigeria exemplifies while taking solid, proactive, logical and well-informed decisions that would maximally actualise her potential, he said.

This leader must have the courage and audacity to act, build, innovate and generally expand the frontiers of development with a hands-on approach that would emphasise excellence over mediocrity.

He added that Tinubu’s governance record in Lagos and his deep dedication to democratic values make him well-qualified for the presidency.

He has shown in several ways and at different times a stout commitment to the enthronement of democracy in our country, to the extent of even putting his own life on the line in the process, he said.

He has shown great capacity for engendering development, as captured in the unprecedented rapid and exponential development of Lagos state under his watch and even beyond.

‘TRUE FEDERALISM BEING RESTORED’

Wike also highlighted Tinubu’s initiatives to decentralise authority and encourage growth at the regional level.

The overwhelming cry of over-centralisation of power and resources at the national level and the attendant abuse of the doctrine of federalism are being systematically addressed, he said.

He explained that this is happening through the creation of regional commissions tasked with pushing development in their respective areas, enabling power to return to the people.

In terms of national security, Wike said Tinubu is enhancing personnel capabilities through training and retraining.

He mentioned that the president’s approval of forest guard recruitment marks a significant step in eliminating sanctuaries used by criminals and terrorists.

Bandits and terrorists would no longer find incubation points and free territories to operate, he said.

Put simply, the era of banditry and terrorism would soon come to an end.

He concluded by saying that all these efforts show Tinubu’s determination to set Nigeria on a path of progress.

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BIG STORY

Ignore Critics Of Lagos-Calabar Road Project, They Don’t Know What They’re Talking About — Tinubu to Umahi

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President Bola Tinubu has urged the minister of works, David Umahi, to disregard those who are criticizing the Lagos-Calabar coastal highway initiative.

Tinubu made this statement in Lagos on Thursday at the event marking the commencement of the deep-seaport access road reconstruction.

Back on May 31, Tinubu officially commissioned the first completed 30km section of phase one of the Lagos-Calabar coastal highway.

Despite this milestone, the unveiling of section one has been met with backlash since it accounts for less than five percent of the entire 700km project.

The highway project was initially launched by Tinubu in March 2024, with Hitech Construction Company Ltd awarded the contract.

At the seaport access road event, Tinubu responded to concerns over the project’s expenses, saying those who are dissatisfied could consider alternative routes.

He reiterated his administration’s dedication to providing sustainable infrastructure to serve the nation’s needs.

Tinubu directed Umahi to move forward with the planning and construction of additional segments of the Lagos-Calabar highway.

“I appeal to you, David, don’t listen to those critics. They don’t know what they are talking about,” Tinubu said.

“If they don’t like the road or if it’s too expensive, toll it for them. They could go to Idumota.”

“My own is to affirm our commitment to deliver enduring infrastructure across our great nation.”

“Forget all the misconceptions; you are a doer, thinker, and great professional, David.”

“On my way here, I witnessed the significant progress of section 2 of the Lagos-Calabar highway project, with 10km out of a 55km stretch already done.”

“I’m also pleased to report ongoing works at the Cross River and Akwa-Ibom sections and have directed that more segments be designed and procured. Go ahead and do the job.”

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