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Wike Demands Prosecution Of Amaechi, Tonye Cole, Others Over Alleged $50m Fraud

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Nyesom Wike, the Rivers State Governor, has directed, Prof. Zacchaeus Adangor, the Attorney General and Commissioner for Justice to commence diligent prosecution of the alleged illegal financial dealings involving the immediate past governor, Rotimi Amaechi, Mr. Tonye Cole, Sahara Energy, and others over the sale of state assets.

Wike gave the directive on Friday at the Executive Chamber of Government House, Port Harcourt, after swearing-in three new commissioners.

The new commissioners are Prof. Zacchaeus Adangor as Attorney General and Commissioner for Justice, Hon. Isaac Kamalu as Commissioner of Finance, Budget, and Economic Planning and Dr. George-Kelly, Dakorinama Alabo as Commissioner for Works and Special Projects.

This was contained in a statement issued by Kelvin Ebiri, media aide to Governor Wike in Port Harcourt on Friday.

“Attorney General, you’re at a critical period where people want to know what the State is going to do with the Judiciary Panel of Inquiry after the Supreme Court judgment on it. Luckily, you came at the right time when we have preferred criminal charges against the former governor (Amaechi), Sahara Energy, Tonye Cole, and the rest of them,” Wike said.

He said there was a need for Rivers people and the rest of the world to know what actually happened to the $50 million that disappeared from the state’s account without proof of where it was deployed.

“So, you are coming at the right time to take over the matter and to make sure it is prosecuted diligently. I don’t want to hear excuses. Let the people see what happened to our money.

“The world will see how $50 million Dollar from our account was moved to a company without nothing to show whether there was a business,” the governor said.

Meanwhile, Wike also directed Adangor to write a strong-worded protest letter to the Economic and Financial Crime Commission over the harassment of State’s Peoples Democratic Party governorship candidate, Siminalaye Fubara.

The protest letter to be written to EFCC, Wike said, was predicated on the fact that, recently, its officers attempted to harass and intimidate Fubara, who before his emergence as the PDP governorship candidate, had served as the Accountant General of Rivers State.

The governor said EFCC needs to know that the era of impunity and flagrant disobedience to the rule of law was gone, saying his administration will not accept such behavior.

He maintained that the attempt to harass the state PDP candidate will not be accepted as the state government will not hesitate to charge the EFCC for contempt.

Wike explained that before now, the Rivers state government had gotten a subsisting court judgment against the EFCC that it cannot investigate the state finances or its officers.

He said there was also another judgment against EFCC by the PDP governorship candidate to enforce his fundamental rights, which have not been set aside

“Rivers State government had a judgment against EFCC since 2007. The court said you (EFCC) have no business in the financial transactions of the (Rivers) State. EFCC has been struggling to set aside that judgment until now. They have not even appealed it,” Wike stated.

The governor noted that nobody will accept the use of EFCC in such a political period to intimidate persons in order to achieve their skewed political goals.

“We are in a political period. People should not think that they will use EFCC to intimidate or manipulate him (Fubara). Nobody will accept that. So you (Attorney General) have to attach the judgment of the candidate against EFCC and send the right signal to them that we are not people that can be cowed,” he added.

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NCC Unveils Initiative To Combat Fraud, Spam Messaging

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The Nigerian Communications Commission has unveiled a draft regulatory framework aimed at addressing fraud, spam, and other challenges in the “Application-to-Person” messaging sector.

The telecom regulator made this announcement in a statement on Friday.

The proposed framework was introduced during a virtual Stakeholders’ Forum, a key step towards enhancing the sector’s integrity and ensuring a fair, transparent environment for all parties involved.

The draft framework, presented by the acting Head of Legal and Regulatory Services at the NCC, Mrs. Chizua Whyte, on behalf of the Executive Vice Chairman, Dr. Aminu Maida, seeks to regulate the A2P messaging space.

A2P messaging, used for notifications such as bank alerts, promotional campaigns, and government updates, has become a vital communication tool in Nigeria.

However, the sector faces significant challenges, including consumer protection concerns, fraud, and data privacy issues, as well as an unequal distribution of value within the ecosystem.

“The international A2P messaging space in Nigeria faces gaps that have led to issues such as fraud, spam, and data privacy concerns. These challenges threaten the sustainable growth of this communication tool,” the NCC said.

The regulator emphasised its commitment to fostering innovation while ensuring a secure, transparent environment for businesses, consumers, and service providers.

The proposed framework aims to address these challenges by protecting consumers, promoting fair competition, and holding service providers accountable.

“This forum marks a pivotal step towards addressing these challenges,” the NCC said. “We are here to engage with all stakeholders—operators, aggregators, businesses, service providers, and consumers—to refine the framework and ensure it meets the needs of the entire ecosystem.”

The NCC stressed the importance of inclusivity and collaboration in creating an effective regulatory environment.

The commission’s efforts are focused on promoting a sustainable A2P messaging ecosystem that enables business innovation, enhances communication efficiency, and supports Nigeria’s socio-economic growth.

Stakeholders were encouraged to provide feedback and contribute ideas during the forum to help shape the final framework.

The NCC reiterated its commitment to creating a regulatory environment that supports innovation while safeguarding the interests of all stakeholders in the A2P messaging sector.

For further updates, the NCC urged stakeholders to remain engaged throughout the regulatory process, stressing the importance of cooperation in shaping the future of A2P messaging in Nigeria.

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JUST IN: Oil Marketers Reduce Petrol Price By 11.8% To N939.50 Per Litre

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Oil marketers sourcing “Premium Motor Spirit”, “PMS”, also known as petrol, from the Dangote Petroleum Refinery have reduced the price by 11.8 percent to N939.50 per litre, down from N1,060 per litre.

As of Thursday, December 19, petrol was still being sold at N1,060 per litre in Lagos and surrounding areas.

However, by Friday, MRS, a leading marketer, along with others, had adjusted their prices, now selling at N939.50 per litre.

It’s worth noting that the Dangote Petroleum Refinery had earlier lowered the ex-pump price of petrol to N899.50 per litre, down from N970 per litre.

According to the refinery, this price reduction is intended to offer much-needed relief to Nigerians ahead of the holiday season.

Anthony Chiejina, the Chief Branding and Communications Officer of Dangote Group, made this announcement.

“To alleviate transport costs during this holiday season, Dangote Refinery is offering a holiday discount on “PMS” (“petrol”). From today, our petrol will be available at N899.50 per litre at our truck loading gantry or SPM,” Chiejina said.

‘‘Furthermore, for every litre purchased on a cash basis, consumers will have the opportunity to buy another litre on credit, backed by a bank guarantee from Access Bank, First Bank, or Zenith Bank.”

 

More to come…

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EFCC Allocates N18bn For Allowances, N5bn For Travels In Proposed 2025 Budget

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The Economic and Financial Crimes Commission (EFCC) has announced plans to allocate N18 billion for allowances in 2025.

This figure is part of the proposed 2025 budget currently under consideration and awaiting approval by the national assembly.

As per the appropriation bill, the EFCC’s total budget for 2025 stands at approximately N62.2 billion.

This budget includes personnel costs (N38.6 billion), overheads (N20.9 billion), and capital expenditure (N2.2 billion).

Within the allowance budget, N1.7 billion is designated for “non-regular allowances,” while “regular allowances” are set at N16.7 billion.

Other proposed expenditures for the EFCC include welfare packages (N1.4 billion), fuel and lubricants (N2 billion), financial charges (N1.2 billion), construction and provision of office buildings (N1.1 billion), and maintenance services (N2.1 billion).

The EFCC also plans to allocate N4.9 billion for “local travel and transport,” with “international travel and transport” expected to cost N1.7 billion.

The proposed budget includes N800 million for the purchase of fixed assets.

On Wednesday, President Bola Tinubu unveiled the N49.7 trillion 2025 “Budget of Restoration: Securing Peace and Rebuilding Prosperity.”

In his address to the national assembly, Tinubu stated that it was time “we rewrite Nigeria’s narrative together.”

The primary focus of next year’s budget will be the defence, infrastructure, health, and education sectors.

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