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  •  Funke Akindele s campaign team was chased out of Ikosi Fruit Market in Lagos by suspected thugs The actress politician is contesting in the 2023 Lagos governorship election as deputy to Abdul Azeez Adediran Adediran and Akindele have campaigned across Alimosho Ojo Ibeju Lekki Mushin and Kosofe councils in Lagos NAN reports that Akindele and her campaign team were attacked by suspected hoodlums on Tuesday The Peoples Democratic Party PDP candidates team was also attacked on Wednesday in the Kosofe area of Lagos Adediran while addressing the council of chief imams at Ketu Central Mosque in Kosofe LGA said the attacks would not deter them from rescuing the state from the ruling party Adediran and Akindele s team also came under attack at Oworo Road Oworosonki area on Wednesday The suspected hoodlums hauled stones bottles and other objects at the campaign train They blocked Oworo Road insisting that the campaign team would not be allowed to access the road It is understood that security personnel was able to chase the attackers away after about 45 minutes It is also gathered that similar attacks happened in Badagry Agege and Ikorodu areas since Adediran and Akindele kicked off their tour of 245 wards last October in which some supporters and journalists were wounded Hakeem Amode the Lagos PDP publicity secretary said the attacks aren t healthy for democracy It is unbelievable at this stage that these are happening in a state that prides itself as the centre of excellency It is sad that we cannot campaign freely he added Electoral Law allows us to campaign anywhere in Lagos State but it is unfortunate that political thugs could attempt to stop us On Tuesday we were attacked in several wards in Kosofe and we were even prevented from entering markets Ambode urged the police and other security agencies to see to protect the lives and property of those campaigning I am using this opportunity to call on President Muhammadu Buhari to consider the process leading to the election in Lagos state he said I am also calling on the IGP the commissioner of police in the state and all area commanders of police and the Director of the DSS in Lagos State should be aware of this We cannot continue to live in fear Credit http lifestyle thecable ng thugs chase funke akindeles campaign team out of lagos market
    ‘Thugs’ chase Funke Akindele out of Lagos market
     Funke Akindele s campaign team was chased out of Ikosi Fruit Market in Lagos by suspected thugs The actress politician is contesting in the 2023 Lagos governorship election as deputy to Abdul Azeez Adediran Adediran and Akindele have campaigned across Alimosho Ojo Ibeju Lekki Mushin and Kosofe councils in Lagos NAN reports that Akindele and her campaign team were attacked by suspected hoodlums on Tuesday The Peoples Democratic Party PDP candidates team was also attacked on Wednesday in the Kosofe area of Lagos Adediran while addressing the council of chief imams at Ketu Central Mosque in Kosofe LGA said the attacks would not deter them from rescuing the state from the ruling party Adediran and Akindele s team also came under attack at Oworo Road Oworosonki area on Wednesday The suspected hoodlums hauled stones bottles and other objects at the campaign train They blocked Oworo Road insisting that the campaign team would not be allowed to access the road It is understood that security personnel was able to chase the attackers away after about 45 minutes It is also gathered that similar attacks happened in Badagry Agege and Ikorodu areas since Adediran and Akindele kicked off their tour of 245 wards last October in which some supporters and journalists were wounded Hakeem Amode the Lagos PDP publicity secretary said the attacks aren t healthy for democracy It is unbelievable at this stage that these are happening in a state that prides itself as the centre of excellency It is sad that we cannot campaign freely he added Electoral Law allows us to campaign anywhere in Lagos State but it is unfortunate that political thugs could attempt to stop us On Tuesday we were attacked in several wards in Kosofe and we were even prevented from entering markets Ambode urged the police and other security agencies to see to protect the lives and property of those campaigning I am using this opportunity to call on President Muhammadu Buhari to consider the process leading to the election in Lagos state he said I am also calling on the IGP the commissioner of police in the state and all area commanders of police and the Director of the DSS in Lagos State should be aware of this We cannot continue to live in fear Credit http lifestyle thecable ng thugs chase funke akindeles campaign team out of lagos market
    ‘Thugs’ chase Funke Akindele out of Lagos market
    General news3 days ago

    ‘Thugs’ chase Funke Akindele out of Lagos market

    Funke Akindele‘s campaign team was chased out of Ikosi Fruit Market in Lagos by suspected thugs.

    The actress-politician is contesting in the 2023 Lagos governorship election as deputy to Abdul-Azeez Adediran.

    Adediran and Akindele have campaigned across Alimosho, Ojo, Ibeju-Lekki, Mushin, and Kosofe councils in Lagos.

    NAN reports that Akindele and her campaign team were attacked by suspected hoodlums on Tuesday.

    The Peoples Democratic Party (PDP) candidates’ team was also attacked on Wednesday in the Kosofe area of Lagos.

    Adediran, while addressing the council of chief imams at Ketu Central Mosque in Kosofe LGA, said the attacks would not deter them from “rescuing” the state from the ruling party.

    Adediran and Akindele’s team also came under attack at Oworo Road, Oworosonki area on Wednesday.

    The suspected hoodlums hauled stones, bottles, and other objects at the campaign train.

    They blocked Oworo Road, insisting that the campaign team would not be allowed to access the road.

    It is understood that security personnel was able to chase the attackers away after about 45 minutes.

    It is also gathered that similar attacks happened in Badagry, Agege, and Ikorodu areas since Adediran and Akindele kicked off their tour of 245 wards last October, in which some supporters and journalists were wounded.

    Hakeem Amode, the Lagos PDP publicity secretary, said the attacks aren’t healthy for democracy.

    “It is unbelievable at this stage, that these are happening in a state that prides itself as the centre of excellency. It is sad that we cannot campaign freely,” he added.

    “Electoral Law allows us to campaign anywhere in Lagos State but it is unfortunate that political thugs could attempt to stop us.

    “On Tuesday, we were attacked in several wards in Kosofe and we were even prevented from entering markets.

    Ambode urged the police and other security agencies to see to protect the lives and property of those campaigning.

    “I am using this opportunity to call on President Muhammadu Buhari to consider the process leading to the election in Lagos state,” he said.

    “I am also calling on the IGP, the commissioner of police in the state and all area commanders of police, and the Director of the DSS in Lagos State should be aware of this. We cannot continue to live in fear.

    Credit: http://lifestyle.thecable.ng/thugs-chase-funke-akindeles-campaign-team-out-of-lagos-market/

  •  The Peoples Democratic Party Presidential Campaign Council on Monday dragged the presidential candidate of the All Progressives Congress Bola Tinubu to court urging the Independent National Electoral Commission to delist him from the February 25 election on the premise of an alleged criminal case of trafficking in drugs that led to his sentencing by a court of competent jurisdiction in the United States and his subsequent forfeiture of the sum of 460 000 to the US authorities The council made the demand in Abuja at a press conference by the spokesperson of the Atiku Okowa Campaign Organisation Mr Kola Ologbondiyan Ologbondiyan expressed the determination of the campaign council to file for an accelerated hearing in the case in the interest of the nation as Nigeria s laws do not permit an alleged convict let alone an individual convicted on account of the international crime of trafficking in narcotics to stand election at any level adding that Nigeria cannot afford the embarrassment of having an alleged convict hold office at any level He added that the campaign council is praying the court to Declare Asiwaju Bola Tinubu the presidential candidate of the APC having been allegedly convicted as ineligible to contest the Presidential election by virtue of section 137 1 d of the 1999 Constitution Compel the Independent National Electoral Commission INEC to immediately delist Asiwaju Bola Tinubu as the presidential candidate of the APC or any other political party for that matter and expunge his name from all materials and documents related to the 2023 presidential election Recall the Directorate of Strategy and communications of the Atiku Okowa Campaign Council on Sunday asked the National Drug Law Enforcement Agency NDLEA Department of State Security DSS and the Inspector General of Police IGP to arrest and prosecute Mr Tinubu for the alleged crime From the declaration of the court and the sentencing it is clear that Asiwaju Tinubu was summarily convicted by the court took no step to challenge the judgment but acceded to the forfeiture of the 460 000 found to be the proceeds of narcotics trafficking It is already established that trafficking in narcotic is an international crime which all nations are obligated by international conventions and statutes to arrest prosecute and implement any court judgment imposed on offender anywhere in the world as well as the consequential effects of such judgements it stressed Ologbondiyan further noted that Nigeria is a signatory to such international conventions and therefore is mandatorily obligated to implement the consequential effect of the conviction imposed on Asiwaju Tinubu by a court of competent jurisdiction in the criminal case of trafficking in narcotic You will further recall that the PDP had already established that the presidential candidate of the APC having been allegedly convicted and having acceded to be guilty as charged by way of forfeiture of the 460 000 Nigeria being a signatory to International Convention is mandatorily obligated to execute the consequential effect of that conviction by virtue of Section 137 1 d of the 1999 Constitution For clarity Section 137 1 d of the 1999 Constitution as amended provides that 1 A person shall not be qualified for election to the office of President if d He is under a sentence of death imposed by any competent court of law or tribunal in Nigeria or a sentence of imprisonment or fine for any offence involving dishonesty or fraud by whatever name called or for any other offence imposed on him by any court or tribunal or substituted by a competent authority for any other sentence imposed on him by such a court or tribunal The import of the foregoing is that under the 1999 Constitution as amended having been so convicted and fined and having acceded to the sentencing by way of forfeiture of 460 000 and have not received any state pardon or acquitted by any court of competent jurisdiction Asiwaju Tinubu remains a convict and the consequential effect is that he cannot contest the election at any level in Nigeria The effect is that the listing of the name of Bola Tinubu who stands allegedly convicted by a court of competent jurisdiction on the ballot for the 2023 presidential election is by the virtue of Section 137 1 d of the 1999 Constitution as amended fundamentally illegal invalid and must be expunged immediately he further noted The campaign council called on those those wasting their funds time and energy on Tinubu to back out immediately and focus on things more important to the nation Responding to the PDP press conference the spokesman for the APC Presidential Campaign Council Festus Keyamo described the Atiku Okowa Organization as a body deficient in ideas and originality Keyamo noted that until its APC counterpart took Atiku to court for alleged confession to have fraudulently helped himself to state resources while serving as Vice President the PDP council did not know the road to court Instead of Atiku to face the cameras shed some tears and apologize to the nation for abusing his office as Vice President with Special Purpose Vehicles his reply in summary is what about you too This is disastrously sad Keyamo said Credit https punchng com pdp drags tinubu to court over alleged drug trafficking
    PDP drags Tinubu to court over alleged drug trafficking
     The Peoples Democratic Party Presidential Campaign Council on Monday dragged the presidential candidate of the All Progressives Congress Bola Tinubu to court urging the Independent National Electoral Commission to delist him from the February 25 election on the premise of an alleged criminal case of trafficking in drugs that led to his sentencing by a court of competent jurisdiction in the United States and his subsequent forfeiture of the sum of 460 000 to the US authorities The council made the demand in Abuja at a press conference by the spokesperson of the Atiku Okowa Campaign Organisation Mr Kola Ologbondiyan Ologbondiyan expressed the determination of the campaign council to file for an accelerated hearing in the case in the interest of the nation as Nigeria s laws do not permit an alleged convict let alone an individual convicted on account of the international crime of trafficking in narcotics to stand election at any level adding that Nigeria cannot afford the embarrassment of having an alleged convict hold office at any level He added that the campaign council is praying the court to Declare Asiwaju Bola Tinubu the presidential candidate of the APC having been allegedly convicted as ineligible to contest the Presidential election by virtue of section 137 1 d of the 1999 Constitution Compel the Independent National Electoral Commission INEC to immediately delist Asiwaju Bola Tinubu as the presidential candidate of the APC or any other political party for that matter and expunge his name from all materials and documents related to the 2023 presidential election Recall the Directorate of Strategy and communications of the Atiku Okowa Campaign Council on Sunday asked the National Drug Law Enforcement Agency NDLEA Department of State Security DSS and the Inspector General of Police IGP to arrest and prosecute Mr Tinubu for the alleged crime From the declaration of the court and the sentencing it is clear that Asiwaju Tinubu was summarily convicted by the court took no step to challenge the judgment but acceded to the forfeiture of the 460 000 found to be the proceeds of narcotics trafficking It is already established that trafficking in narcotic is an international crime which all nations are obligated by international conventions and statutes to arrest prosecute and implement any court judgment imposed on offender anywhere in the world as well as the consequential effects of such judgements it stressed Ologbondiyan further noted that Nigeria is a signatory to such international conventions and therefore is mandatorily obligated to implement the consequential effect of the conviction imposed on Asiwaju Tinubu by a court of competent jurisdiction in the criminal case of trafficking in narcotic You will further recall that the PDP had already established that the presidential candidate of the APC having been allegedly convicted and having acceded to be guilty as charged by way of forfeiture of the 460 000 Nigeria being a signatory to International Convention is mandatorily obligated to execute the consequential effect of that conviction by virtue of Section 137 1 d of the 1999 Constitution For clarity Section 137 1 d of the 1999 Constitution as amended provides that 1 A person shall not be qualified for election to the office of President if d He is under a sentence of death imposed by any competent court of law or tribunal in Nigeria or a sentence of imprisonment or fine for any offence involving dishonesty or fraud by whatever name called or for any other offence imposed on him by any court or tribunal or substituted by a competent authority for any other sentence imposed on him by such a court or tribunal The import of the foregoing is that under the 1999 Constitution as amended having been so convicted and fined and having acceded to the sentencing by way of forfeiture of 460 000 and have not received any state pardon or acquitted by any court of competent jurisdiction Asiwaju Tinubu remains a convict and the consequential effect is that he cannot contest the election at any level in Nigeria The effect is that the listing of the name of Bola Tinubu who stands allegedly convicted by a court of competent jurisdiction on the ballot for the 2023 presidential election is by the virtue of Section 137 1 d of the 1999 Constitution as amended fundamentally illegal invalid and must be expunged immediately he further noted The campaign council called on those those wasting their funds time and energy on Tinubu to back out immediately and focus on things more important to the nation Responding to the PDP press conference the spokesman for the APC Presidential Campaign Council Festus Keyamo described the Atiku Okowa Organization as a body deficient in ideas and originality Keyamo noted that until its APC counterpart took Atiku to court for alleged confession to have fraudulently helped himself to state resources while serving as Vice President the PDP council did not know the road to court Instead of Atiku to face the cameras shed some tears and apologize to the nation for abusing his office as Vice President with Special Purpose Vehicles his reply in summary is what about you too This is disastrously sad Keyamo said Credit https punchng com pdp drags tinubu to court over alleged drug trafficking
    PDP drags Tinubu to court over alleged drug trafficking
    General news6 days ago

    PDP drags Tinubu to court over alleged drug trafficking

    The Peoples Democratic Party Presidential Campaign Council, on Monday,  dragged the presidential candidate of the All Progressives Congress, Bola Tinubu, to court, urging the Independent National Electoral Commission to delist him from the February 25 election on the premise of an alleged criminal case of trafficking in drugs that led to his sentencing by a court of competent jurisdiction in the United States and his subsequent forfeiture of the sum of $460,000 to the US authorities.

    The council made the demand in Abuja at a press conference by the spokesperson of the Atiku/Okowa Campaign Organisation, Mr Kola Ologbondiyan.

    Ologbondiyan expressed the determination of the campaign council to file for an accelerated hearing in the case in the interest of the nation as Nigeria’s laws do not permit an alleged convict, let alone an individual convicted on account of the international crime of trafficking in narcotics, to stand election at any level, adding that Nigeria cannot afford the embarrassment of having an alleged convict hold office at any level.

    He added that the campaign council is praying the court to “Declare Asiwaju Bola Tinubu, the presidential candidate of the APC, having been allegedly convicted, as ineligible to contest the Presidential election by virtue of section 137 (1) (d) of the 1999 Constitution.

    “Compel the Independent National Electoral Commission, INEC, to immediately delist Asiwaju Bola Tinubu as the presidential candidate of the APC or any other political party for that matter and expunge his name from all materials and documents related to the 2023 presidential election.

    Recall the Directorate of Strategy and communications of the Atiku/Okowa Campaign Council on Sunday asked the National Drug Law Enforcement Agency, NDLEA, Department of State Security, DSS, and the Inspector General of Police, IGP to arrest and prosecute Mr Tinubu for the alleged crime.

    “From the declaration of the court and the sentencing, it is clear that Asiwaju Tinubu was summarily convicted by the court, took no step to challenge the judgment but acceded to the forfeiture of the $460,000 found to be the proceeds of narcotics trafficking.

    “It is already established that trafficking in narcotic is an international crime which all nations are obligated by international conventions and statutes to arrest, prosecute and implement any court judgment imposed on offender anywhere in the world, as well as the consequential effects of such judgements,” it stressed.

    Ologbondiyan further noted that “Nigeria is a signatory to such international conventions and therefore is mandatorily obligated to implement the consequential effect of the conviction imposed on Asiwaju Tinubu by a court of competent jurisdiction in the criminal case of trafficking in narcotic.

    “You will further recall that the PDP had already established that the presidential candidate of the APC, having been allegedly convicted and having acceded to be guilty as charged by way of forfeiture of the $460,000; Nigeria being a signatory to International Convention is mandatorily obligated to execute the consequential effect of that conviction by virtue of Section 137 (1) (d) of the 1999 Constitution.

    “For clarity, Section 137 (1) (d) of the 1999 Constitution (as amended) provides that:(1) A person shall not be qualified for election to the office of President if….(d) He is under a sentence of death imposed by any competent court of law or tribunal in Nigeria or a sentence of imprisonment or fine for any offence involving dishonesty or fraud (by whatever name called) or for any other offence, imposed on him by any court or tribunal or substituted by a competent authority for any other sentence imposed on him by such a court or tribunal.

    “The import of the foregoing is that under the 1999 Constitution (as amended), having been so convicted and fined and having acceded to the sentencing by way of forfeiture of $460,000 and have not received any state pardon or acquitted by any court of competent jurisdiction, Asiwaju Tinubu remains a convict and the consequential effect is that he cannot contest the election at any level in Nigeria.

    “The effect is that the listing of the name of Bola Tinubu, who stands allegedly convicted by a court of competent jurisdiction on the ballot for the 2023 presidential election is by the virtue of Section 137 (1) (d) of the 1999 Constitution (as amended) fundamentally illegal, invalid and must be expunged immediately,” he further noted.

    The campaign council called on those “those wasting their funds, time and energy” on Tinubu to back out immediately and focus on things more important to the nation.

    Responding to the PDP press conference, the spokesman for the APC Presidential Campaign Council, Festus Keyamo, described the Atiku/Okowa Organization as a body deficient in ideas and originality.

    Keyamo noted that until its APC counterpart took Atiku to court for alleged confession to have fraudulently helped himself to state resources while serving as Vice President; the PDP council did not know the road to court.

    “Instead of Atiku to face the cameras, shed some tears and apologize to the nation for abusing his office as Vice President with Special Purpose Vehicles, his reply, in summary, is, ‘what-about-you-too?’ This is disastrously sad,” Keyamo said.

    Credit: https://punchng.com/pdp-drags-tinubu-to-court-over-alleged-drug-trafficking/

  •  The spokesman of the APC 2023 Campaign Council Sogbeye Eli while briefing newsmen yesterday in Port Harcourt alleged that thugs working for the faction of the PDP loyal to Governor Nyesom Wike carried out the attack on supporters of the party But the Director of Publicity and Communications of the State PDP Campaign Council Ogbonna Nwuke in a swift reaction said the claims by the APC were false stressing that the PDP has no knowledge of whatever happened at the rally Eli explained that the unprovoked attack on their party s campaign by armed thugs occurred during the commencement of the rally at the traditional grounds of Rumuwoji Town To be specific the hoodlums who sought to invade our rally but met resistance from our youths were led by the Mayor of Port Harcourt City Local Council Allwell Ihunda and a former Mayor of that council Victor Ihunwo Their intention was to disrupt the rally They came to maim kill and destroy Their intimidating terror tactics is to strike fear into the hearts of our members and thereby deter us from executing further campaigns in the state But the resistance of our courageous party men and women overpowered them The incident which left five party faithful with various degrees of severe injuries from the detonation of the IED known in local parlance as dynamite also recorded a barrage of gunfire calculated at enforcement of the threats by PDP thugs to lock out the APC rally from the traditional grounds The APC campaign spokesman said they had no knowledge of arrest of any suspect yet even though a formal report has been lodged with the police authorities at the Mile 1 Police Station He added Curiously while the PDP government and leaders across the State are violating the rights of opposition parties by attacking campaigns in the 23 LGAs the factional PDP itself had always acted in gross violation of the Electoral Act In clear contravention of Section 92 of the Electoral Act 2022 providing for the Prohibition of Certain Conduct at Political Campaigns the PDP conducted her campaigns in Ikwerre Local Government Area in the vicinity of a religious centre St Martin s Anglican Church in Omagwa only on Tuesday this week Without a shred of doubt the source and principal stimulus of these streak of savage attacks and political banditry on the APC and other opposition parties in Rivers State is the governor himself Nyesom Wike set the tone for the ongoing political violence with the enactment of his repressive and dictatorial Executive Orders 21 and 22 which obstructs and constitutes infringements on the rights of other political parties and candidates to campaign for votes as allowed by law in Rivers State He however called on all security agencies particularly the Department of State Services DSS to redouble their efforts and rein in the governor local council chairmen and other PDP officials who have nothing but violence as tool to perpetuate themselves in power An end must be put to these provocative primitive actions or we shall be forced to defend ourselves with every legitimate tool at our disposal he warned The police has further explained that there was a rift over money paid by the APC to the Rumuwoji community where the rally held You see we are a peaceful political party We understand our mission We believe that everyone has a right to campaign We have insisted and continue to insist on issue based campaigns So how can the APC accuse us of detonating an improvised explosive at the venue of their rally after the police have waded into the matter There is a limit to reliance on incoherent propaganda No amount of name calling can change the truth intimidate the PDP or deceive the people Our independent investigation shows that neither the current chairman of Port Harcourt City local council nor his predecessor in office named by the APC in its press briefing was anywhere near the venue of the rally These people in the APC are very desperate They are confused and they are talking and acting as thugs There is nothing that they would not do to gain cheap popularity by deliberately spreading falsehood Source Credit https guardian ng news apc pdp bicker over explosion at port harcourt rally
    APC, PDP bicker over explosion at Port Harcourt rally
     The spokesman of the APC 2023 Campaign Council Sogbeye Eli while briefing newsmen yesterday in Port Harcourt alleged that thugs working for the faction of the PDP loyal to Governor Nyesom Wike carried out the attack on supporters of the party But the Director of Publicity and Communications of the State PDP Campaign Council Ogbonna Nwuke in a swift reaction said the claims by the APC were false stressing that the PDP has no knowledge of whatever happened at the rally Eli explained that the unprovoked attack on their party s campaign by armed thugs occurred during the commencement of the rally at the traditional grounds of Rumuwoji Town To be specific the hoodlums who sought to invade our rally but met resistance from our youths were led by the Mayor of Port Harcourt City Local Council Allwell Ihunda and a former Mayor of that council Victor Ihunwo Their intention was to disrupt the rally They came to maim kill and destroy Their intimidating terror tactics is to strike fear into the hearts of our members and thereby deter us from executing further campaigns in the state But the resistance of our courageous party men and women overpowered them The incident which left five party faithful with various degrees of severe injuries from the detonation of the IED known in local parlance as dynamite also recorded a barrage of gunfire calculated at enforcement of the threats by PDP thugs to lock out the APC rally from the traditional grounds The APC campaign spokesman said they had no knowledge of arrest of any suspect yet even though a formal report has been lodged with the police authorities at the Mile 1 Police Station He added Curiously while the PDP government and leaders across the State are violating the rights of opposition parties by attacking campaigns in the 23 LGAs the factional PDP itself had always acted in gross violation of the Electoral Act In clear contravention of Section 92 of the Electoral Act 2022 providing for the Prohibition of Certain Conduct at Political Campaigns the PDP conducted her campaigns in Ikwerre Local Government Area in the vicinity of a religious centre St Martin s Anglican Church in Omagwa only on Tuesday this week Without a shred of doubt the source and principal stimulus of these streak of savage attacks and political banditry on the APC and other opposition parties in Rivers State is the governor himself Nyesom Wike set the tone for the ongoing political violence with the enactment of his repressive and dictatorial Executive Orders 21 and 22 which obstructs and constitutes infringements on the rights of other political parties and candidates to campaign for votes as allowed by law in Rivers State He however called on all security agencies particularly the Department of State Services DSS to redouble their efforts and rein in the governor local council chairmen and other PDP officials who have nothing but violence as tool to perpetuate themselves in power An end must be put to these provocative primitive actions or we shall be forced to defend ourselves with every legitimate tool at our disposal he warned The police has further explained that there was a rift over money paid by the APC to the Rumuwoji community where the rally held You see we are a peaceful political party We understand our mission We believe that everyone has a right to campaign We have insisted and continue to insist on issue based campaigns So how can the APC accuse us of detonating an improvised explosive at the venue of their rally after the police have waded into the matter There is a limit to reliance on incoherent propaganda No amount of name calling can change the truth intimidate the PDP or deceive the people Our independent investigation shows that neither the current chairman of Port Harcourt City local council nor his predecessor in office named by the APC in its press briefing was anywhere near the venue of the rally These people in the APC are very desperate They are confused and they are talking and acting as thugs There is nothing that they would not do to gain cheap popularity by deliberately spreading falsehood Source Credit https guardian ng news apc pdp bicker over explosion at port harcourt rally
    APC, PDP bicker over explosion at Port Harcourt rally
    General news1 week ago

    APC, PDP bicker over explosion at Port Harcourt rally

    The spokesman of the APC 2023 Campaign Council, Sogbeye Eli, while briefing newsmen yesterday in Port Harcourt, alleged that thugs working for the faction of the PDP loyal to Governor Nyesom Wike carried out the attack on supporters of the party.

    But the Director of Publicity and Communications of the State PDP Campaign Council, Ogbonna Nwuke, in a swift reaction, said the claims by the APC were false, stressing that the PDP has no knowledge of whatever happened at the rally.

    Eli explained that the unprovoked attack on their party’s campaign by armed thugs occurred during the commencement of the rally at the traditional grounds of Rumuwoji Town.

    “To be specific, the hoodlums who sought to invade our rally but met resistance from our youths were led by the Mayor of Port Harcourt City Local Council, Allwell Ihunda, and a former Mayor of that council, Victor Ihunwo. Their intention was to disrupt the rally. They came to maim, kill and destroy. Their intimidating terror tactics is to strike fear into the hearts of our members and thereby deter us from executing further campaigns in the state. But the resistance of our courageous party men and women overpowered them.

    “The incident, which left five party faithful with various degrees of severe injuries from the detonation of the IED, known in local parlance as dynamite, also recorded a barrage of gunfire calculated at enforcement of the threats by PDP thugs to lock out the APC rally from the traditional grounds.

    The APC campaign spokesman said they had no knowledge of arrest of any suspect yet even though a formal report has been lodged with the police authorities at the Mile 1 Police Station.

    He added: “Curiously, while the PDP government and leaders across the State are violating the rights of opposition parties by attacking campaigns in the 23 LGAs, the factional PDP itself had always acted in gross violation of the Electoral Act.

    “In clear contravention of Section 92 of the Electoral Act 2022 providing for the ‘Prohibition of Certain Conduct at Political Campaigns’, the PDP conducted her campaigns in Ikwerre Local Government Area in the vicinity of a religious centre, St. Martin’s Anglican Church in Omagwa only on Tuesday this week.

    “Without a shred of doubt, the source and principal stimulus of these streak of savage attacks and political banditry on the APC and other opposition parties in Rivers State is the governor himself. Nyesom Wike set the tone for the ongoing political violence with the enactment of his repressive and dictatorial Executive Orders 21 and 22, which obstructs and constitutes infringements on the rights of other political parties and candidates to campaign for votes as allowed by law in Rivers State.

    He, however, called on all security agencies, particularly the Department of State Services (DSS) to redouble their efforts and rein in the governor, local council chairmen and other PDP officials who have nothing but violence as tool to perpetuate themselves in power.

    “An end must be put to these provocative primitive actions or we shall be forced to defend ourselves with every legitimate tool at our disposal,” he warned.

    “The police has further explained that there was a rift over money paid by the APC to the Rumuwoji community where the rally held.

    “You see, we are a peaceful political party. We understand our mission. We believe that everyone has a right to campaign.

    “We have insisted, and continue to insist, on issue based campaigns. So, how can the APC accuse us of detonating an improvised explosive at the venue of their rally after the police have waded into the matter?

    “There is a limit to reliance on incoherent propaganda. No amount of name-calling can change the truth, intimidate the PDP or deceive the people.

    “Our independent investigation shows that neither the current chairman of Port Harcourt City local council nor his predecessor in office named by the APC in its press briefing was anywhere near the venue of the rally.

    “These people in the APC are very desperate. They are confused and they are talking and acting as thugs. There is nothing that they would not do to gain cheap popularity by deliberately spreading falsehood.

    Source Credit: https://guardian.ng/news/apc-pdp-bicker-over-explosion-at-port-harcourt-rally/

  •   CBN DSS downplay dismiss Emefiele s arrest saga as speculative Officials not in DSS custody apex bank insistsNormalcy may be returning to the Central Bank of Nigeria CBN after weeks of apprehension over the fate of the bank s chief Godwin Emefiele findings by The Guardian yesterday suggested Officials who engaged with The Guardian said the bank was not bothered about speculations and outright fabrications that have seized the attention of the public in the past weeks while the governor was away on his yearly vacation Source Credit https guardian ng news uneasy calm at cbn as officials grapple with integrity issues
    Uneasy calm at CBN as officials grapple with integrity issues
      CBN DSS downplay dismiss Emefiele s arrest saga as speculative Officials not in DSS custody apex bank insistsNormalcy may be returning to the Central Bank of Nigeria CBN after weeks of apprehension over the fate of the bank s chief Godwin Emefiele findings by The Guardian yesterday suggested Officials who engaged with The Guardian said the bank was not bothered about speculations and outright fabrications that have seized the attention of the public in the past weeks while the governor was away on his yearly vacation Source Credit https guardian ng news uneasy calm at cbn as officials grapple with integrity issues
    Uneasy calm at CBN as officials grapple with integrity issues
    General news2 weeks ago

    Uneasy calm at CBN as officials grapple with integrity issues

    • CBN, DSS downplay, dismiss Emefiele’s arrest saga as speculative • Officials not in DSS custody, apex bank insists

    Normalcy may be returning to the Central Bank of Nigeria (CBN) after weeks of apprehension over the fate of the bank’s chief, Godwin Emefiele, findings by The Guardian, yesterday, suggested.      Officials who engaged with The Guardian said the bank was not bothered about speculations and outright fabrications that have seized the attention of the public in the past weeks while the governor was away on his yearly vacation.

    Source Credit: https://guardian.ng/news/uneasy-calm-at-cbn-as-officials-grapple-with-integrity-issues/

  •   Businessday Ng A lot of Nigerians particularly the unemployed dependants and the less privileged who rely on handouts known in local parlance as urgent 2k may be in for a hard time with the scarcity of new naira notes Nigerians are facing a double whammy as new naira notes remain scarce even as the deadline for the expiration of the old ones draws nearer The situation has forced many to opt for electronic channels to carry out transactions in a bid to reduce the volume of old notes with them Following the redesign of N200 N500 and N1 000 notes the Central Bank of Nigeria CBN commenced the distribution of the new notes on December 15 saying the old ones would cease to be legal tender on January 31 2023 But more than one month after the redesigned banknotes entered circulation they are still hard to get from banks Many Automated Teller Machines and Point of Service agents are still dispensing only the old naira notes The old notes in circulation have reduced while the new ones are scarce constraining the ability of many Nigerians to give out cash Blessing Martins a mother of two who begs for alms has seen a drop in the number of benefactors Give me food any food I ll eat she wailed It was a buzzing day in Lekki a city in Nigeria s commercial capital Lagos with the sun shining brightly Martins seemed reserved while telling her stories to this reporter yet she had conceived too much pains she said and couldn t bear it any longer Before I used to get cash gifts from people but lately all I keep hearing is I m sorry I wish I can help but I currently don t have cash she said With the reduction in cash in circulation coupled with the cost of living crisis many Nigerians like Martins who depend on cash gifts are hardest hit I believe I will think twice before giving out cash now because I also need it for myself especially because the new naira may be scarce Remi Afilaka a graphic designer based in Lagos said Last month the World Bank warned that the naira redesign may have a negative effect on economic activity especially poor Nigerians due to its timing and short transition period While periodic currency redesigns are normal internationally and the naira does appear to be due for it since naira notes have been redesigned for two decades the timing of and short transition period for this demonetization may have negative impacts on economic activity in particular for the poorest households World Bank said in a report titled Nigeria Development Update The CBN had last month unveiled new N200 N500 and N1 000 notes as part of measures to tackle significant hoarding of the local currency worsening shortage of clean banknotes and the increasing ease and risk of counterfeiting Why DSS is beaming its searchlight on CBN banks foreign exchange allocation EXPLAINER Why Nigeria s inflation fell in December after 10 month surge Five ways Nigeria can boost revenue without hurting investors Nigeria s inflation falls for first time in 11 months latest news How extortion multiple taxes worsen food prices New naira scarcity threatens urgent 2k Nation building and ordered society are imperative Single member companies and the restriction to convert What the PR industry must do to win the robot race Source Credit https businessday ng business economy article new naira scarcity threatens urgent 2k
    New naira scarcity threatens ‘urgent 2k’
      Businessday Ng A lot of Nigerians particularly the unemployed dependants and the less privileged who rely on handouts known in local parlance as urgent 2k may be in for a hard time with the scarcity of new naira notes Nigerians are facing a double whammy as new naira notes remain scarce even as the deadline for the expiration of the old ones draws nearer The situation has forced many to opt for electronic channels to carry out transactions in a bid to reduce the volume of old notes with them Following the redesign of N200 N500 and N1 000 notes the Central Bank of Nigeria CBN commenced the distribution of the new notes on December 15 saying the old ones would cease to be legal tender on January 31 2023 But more than one month after the redesigned banknotes entered circulation they are still hard to get from banks Many Automated Teller Machines and Point of Service agents are still dispensing only the old naira notes The old notes in circulation have reduced while the new ones are scarce constraining the ability of many Nigerians to give out cash Blessing Martins a mother of two who begs for alms has seen a drop in the number of benefactors Give me food any food I ll eat she wailed It was a buzzing day in Lekki a city in Nigeria s commercial capital Lagos with the sun shining brightly Martins seemed reserved while telling her stories to this reporter yet she had conceived too much pains she said and couldn t bear it any longer Before I used to get cash gifts from people but lately all I keep hearing is I m sorry I wish I can help but I currently don t have cash she said With the reduction in cash in circulation coupled with the cost of living crisis many Nigerians like Martins who depend on cash gifts are hardest hit I believe I will think twice before giving out cash now because I also need it for myself especially because the new naira may be scarce Remi Afilaka a graphic designer based in Lagos said Last month the World Bank warned that the naira redesign may have a negative effect on economic activity especially poor Nigerians due to its timing and short transition period While periodic currency redesigns are normal internationally and the naira does appear to be due for it since naira notes have been redesigned for two decades the timing of and short transition period for this demonetization may have negative impacts on economic activity in particular for the poorest households World Bank said in a report titled Nigeria Development Update The CBN had last month unveiled new N200 N500 and N1 000 notes as part of measures to tackle significant hoarding of the local currency worsening shortage of clean banknotes and the increasing ease and risk of counterfeiting Why DSS is beaming its searchlight on CBN banks foreign exchange allocation EXPLAINER Why Nigeria s inflation fell in December after 10 month surge Five ways Nigeria can boost revenue without hurting investors Nigeria s inflation falls for first time in 11 months latest news How extortion multiple taxes worsen food prices New naira scarcity threatens urgent 2k Nation building and ordered society are imperative Single member companies and the restriction to convert What the PR industry must do to win the robot race Source Credit https businessday ng business economy article new naira scarcity threatens urgent 2k
    New naira scarcity threatens ‘urgent 2k’
    General news2 weeks ago

    New naira scarcity threatens ‘urgent 2k’

    Businessday Ng -

    A lot of Nigerians, particularly the unemployed, dependants and the less privileged, who rely on handouts, known in local parlance as ‘urgent 2k’, may be in for a hard time with the scarcity of new naira notes.

    Nigerians are facing a double whammy as new naira notes remain scarce, even as the deadline for the expiration of the old ones draws nearer.

    The situation has forced many to opt for electronic channels to carry out transactions in a bid to reduce the volume of old notes with them.

    Following the redesign of N200, N500 and N1,000 notes, the Central Bank of Nigeria (CBN) commenced the distribution of the new notes on December 15, saying the old ones would cease to be legal tender on January 31, 2023.

    But more than one month after the redesigned banknotes entered circulation, they are still hard to get from banks. Many Automated Teller Machines and Point of Service agents are still dispensing only the old naira notes.

    The old notes in circulation have reduced while the new ones are scarce, constraining the ability of many Nigerians to give out cash.

    Blessing Martins, a mother of two who begs for alms, has seen a drop in the number of benefactors. “Give me food, any food, I’ll eat!” she wailed.

    It was a buzzing day in Lekki, a city in Nigeria’s commercial capital, Lagos, with the sun shining brightly. Martins seemed reserved while telling her stories to this reporter, yet she had conceived too much pains, she said, and couldn’t bear it any longer.

    “Before, I used to get cash gifts from people but lately all I keep hearing is ‘I’m sorry, I wish I can help but I currently don’t have cash’,” she said.

    With the reduction in cash in circulation coupled with the cost of living crisis, many Nigerians like Martins who depend on cash gifts are hardest hit.

    “I believe I will think twice before giving out cash now because I also need it for myself, especially because the new naira may be scarce,” Remi Afilaka, a graphic designer based in Lagos, said.

    Last month, the World Bank warned that the naira redesign may have a negative effect on economic activity, especially poor Nigerians due to its timing and short transition period.

    “While periodic currency redesigns are normal internationally and the naira does appear to be due for it since naira notes have been redesigned for two decades, the timing of and short transition period for this demonetization may have negative impacts on economic activity, in particular for the poorest households,” World Bank said in a report titled ‘Nigeria Development Update’.

    The CBN had last month unveiled new N200, N500 and N1,000 notes as part of measures to tackle significant hoarding of the local currency, worsening shortage of clean banknotes, and the increasing ease and risk of counterfeiting.

    Why DSS is beaming its searchlight on CBN, banks’ foreign exchange allocation

    EXPLAINER: Why Nigeria’s inflation fell in December after 10-month surge

    Five ways Nigeria can boost revenue without hurting investors

    Nigeria’s inflation falls for first time in 11 months

    latest news

    How extortion, multiple taxes worsen food prices

    New naira scarcity threatens ‘urgent 2k’

    Nation building and ordered society are imperative

    Single member companies and the restriction to convert

    What the PR industry must do to win the robot race

    Source Credit: https://businessday.ng/business-economy/article/new-naira-scarcity-threatens-urgent-2k/

  •   Businessday Ng The opaque foreign exchange fx allocation mechanism in Nigeria has become a major area of attention for investigators of the secret police who are piling up evidence on chieftains of the Central Bank of Nigeria and its governor Godwin Emefiele BusinessDay has learned Although their probe is wide ranging the investigators have apparently chosen to zero in on how the banks allocate the scarce foreign exchange and the criteria for the allocation at a time many business leaders increasingly rely on the black market to satisfy the FX requirement for their companies Each bank has its own FX allocation committees but DSS operatives want to know if the allocation was determined by the committees on their own or if it was authorised by someone at the Central Bank to benefit favoured Nigerians and their foreign collaborators who stand to benefit massively from the subsidised rates applied According to a senior banker the scarcity of foreign exchange coupled with the multiple exchange rates and the opaque nature of the allocation have led to charges that only the favoured customers of banks can access the greenback at the official rate Typically a bank customer will approach his bank in search of foreign exchange The customer will then submit all the required documentation and then he must adequately fund his account Only then does the customer enter an almost endless queue waiting for the FX allocation This wait can go on for up to a year Bankers say at the international banks in Nigeria the process can be one of true first in first out but not so at many local of local banks where the process is subject to manipulation from within and from outside The CBN has consistently maintained that it will unify the rates but in practice the rates continue to diverge opening growing opportunities for arbitrage for the privileged few BusinessDay reported earlier Tuesday that the department of state security DSS has opened wide ranging investigations into foreign exchange received and their subsequent allocation to customers by each deposit money bank in the country and the involvement of the Central Bank of Nigeria The investigation comes at a time of increasing searchlight on the governor of the apex bank Godwin Emefiele who the bank said resumed work on Monday after several weeks overseas amidst allegations that he was being sought by the secret police According to our reporters the bank CEOs have been given a deadline of Wednesday January 18 2023 to provide detailed information about the privileged individuals and companies that have been given foreign exchange allocations since 2017 Specifically the CEOs are to provide a schedule of the I amp E forex allocated to the individual banks from 2017 to date The said schedule should be broken down into amount allocated to the bank the name of the individual customer and or beneficiary beneficiaries and the basis criteria for the allocation The bank CEOs must also say who authorized the allocation in each case whether it is the CBN and or the deposit money bank itself They are also to provide a summary of the TOP 50 customers who received the most FX allocation in order of magnitude Emefiele has been at the receiving end of attacks for years over his unorthodox monetary policies but troubles expanded after his shocking decision to join the presidential race while still holding office On December 27 2022 it emerged that the DSS had been in court via an ex parte application marked FHC ABJ CS 2255 2022 and in which the secret police sought an order to arrest the CBN governor over alleged acts of financing terrorism and economic crimes of national security EXPLAINER Why Nigeria s inflation fell in December after 10 month surge Five ways Nigeria can boost revenue without hurting investors Nigeria s inflation falls for first time in 11 months Emefiele to be let in without arrest expected to resign latest news DisCos report N188 bn revenue in Q2 2022 lowest in four quarters No cause for alarm over my health Akeredolu Court sentences Lagos vulcaniser to death by hanging for stealing N57 000 Gates Foundation earmarks 8 3bn to fight poverty in 2023 Here are three key implications of cancelled Nigeria LNG shipments Source Credit https businessday ng business economy article why dss is beaming its searchlight on cbn banks foreign exchange allocation
    Why DSS is beaming its searchlight on CBN, banks’ foreign exchange allocation
      Businessday Ng The opaque foreign exchange fx allocation mechanism in Nigeria has become a major area of attention for investigators of the secret police who are piling up evidence on chieftains of the Central Bank of Nigeria and its governor Godwin Emefiele BusinessDay has learned Although their probe is wide ranging the investigators have apparently chosen to zero in on how the banks allocate the scarce foreign exchange and the criteria for the allocation at a time many business leaders increasingly rely on the black market to satisfy the FX requirement for their companies Each bank has its own FX allocation committees but DSS operatives want to know if the allocation was determined by the committees on their own or if it was authorised by someone at the Central Bank to benefit favoured Nigerians and their foreign collaborators who stand to benefit massively from the subsidised rates applied According to a senior banker the scarcity of foreign exchange coupled with the multiple exchange rates and the opaque nature of the allocation have led to charges that only the favoured customers of banks can access the greenback at the official rate Typically a bank customer will approach his bank in search of foreign exchange The customer will then submit all the required documentation and then he must adequately fund his account Only then does the customer enter an almost endless queue waiting for the FX allocation This wait can go on for up to a year Bankers say at the international banks in Nigeria the process can be one of true first in first out but not so at many local of local banks where the process is subject to manipulation from within and from outside The CBN has consistently maintained that it will unify the rates but in practice the rates continue to diverge opening growing opportunities for arbitrage for the privileged few BusinessDay reported earlier Tuesday that the department of state security DSS has opened wide ranging investigations into foreign exchange received and their subsequent allocation to customers by each deposit money bank in the country and the involvement of the Central Bank of Nigeria The investigation comes at a time of increasing searchlight on the governor of the apex bank Godwin Emefiele who the bank said resumed work on Monday after several weeks overseas amidst allegations that he was being sought by the secret police According to our reporters the bank CEOs have been given a deadline of Wednesday January 18 2023 to provide detailed information about the privileged individuals and companies that have been given foreign exchange allocations since 2017 Specifically the CEOs are to provide a schedule of the I amp E forex allocated to the individual banks from 2017 to date The said schedule should be broken down into amount allocated to the bank the name of the individual customer and or beneficiary beneficiaries and the basis criteria for the allocation The bank CEOs must also say who authorized the allocation in each case whether it is the CBN and or the deposit money bank itself They are also to provide a summary of the TOP 50 customers who received the most FX allocation in order of magnitude Emefiele has been at the receiving end of attacks for years over his unorthodox monetary policies but troubles expanded after his shocking decision to join the presidential race while still holding office On December 27 2022 it emerged that the DSS had been in court via an ex parte application marked FHC ABJ CS 2255 2022 and in which the secret police sought an order to arrest the CBN governor over alleged acts of financing terrorism and economic crimes of national security EXPLAINER Why Nigeria s inflation fell in December after 10 month surge Five ways Nigeria can boost revenue without hurting investors Nigeria s inflation falls for first time in 11 months Emefiele to be let in without arrest expected to resign latest news DisCos report N188 bn revenue in Q2 2022 lowest in four quarters No cause for alarm over my health Akeredolu Court sentences Lagos vulcaniser to death by hanging for stealing N57 000 Gates Foundation earmarks 8 3bn to fight poverty in 2023 Here are three key implications of cancelled Nigeria LNG shipments Source Credit https businessday ng business economy article why dss is beaming its searchlight on cbn banks foreign exchange allocation
    Why DSS is beaming its searchlight on CBN, banks’ foreign exchange allocation
    General news2 weeks ago

    Why DSS is beaming its searchlight on CBN, banks’ foreign exchange allocation

    Businessday Ng -

    The opaque foreign exchange (fx) allocation mechanism in Nigeria has become a major area of attention for investigators of the secret police, who are piling up evidence on chieftains of the Central Bank of Nigeria and its governor, Godwin Emefiele, BusinessDay has learned.

    Although their probe is wide-ranging, the investigators have apparently chosen to zero in on how the banks allocate the scarce foreign exchange and the criteria for the allocation at a time many business leaders increasingly rely on the black market to satisfy the FX requirement for their companies.

    Each bank has its own FX allocation committees, but DSS operatives want to know if the allocation was determined by the committees on their own or if it was authorised by someone at the Central Bank to benefit favoured Nigerians and their foreign collaborators who stand to benefit massively from the subsidised rates applied.

    According to a senior banker, the scarcity of foreign exchange coupled with the multiple exchange rates and the opaque nature of the allocation have led to charges that only the favoured customers of banks can access the greenback at the official rate.

    Typically, a bank customer will approach his bank in search of foreign exchange. The customer will then submit all the required documentation, and then he must adequately fund his account. Only then does the customer enter an almost endless queue waiting for the FX allocation.

    This wait can go on for up to a year. Bankers say at the international banks in Nigeria, the process can be one of true first in first out but not so at many local of local banks where the process is subject to manipulation from within and from outside.

    The CBN has consistently maintained that it will unify the rates but in practice the rates continue to diverge, opening growing opportunities for arbitrage for the privileged few.

    BusinessDay reported earlier Tuesday that the department of state security, DSS has opened wide-ranging investigations into foreign exchange received and their subsequent allocation to customers by each deposit money bank in the country and the involvement of the Central Bank of Nigeria.

    The investigation comes at a time of increasing searchlight on the governor of the apex bank Godwin Emefiele who the bank said resumed work on Monday after several weeks overseas amidst allegations that he was being sought by the secret police.

    According to our reporters, the bank CEOs have been given a deadline of Wednesday, January 18, 2023, to provide detailed information about the privileged individuals and companies that have been given foreign exchange allocations since 2017.

    Specifically, the CEOs are to provide a schedule of the I & E forex allocated to the individual banks from 2017 to date. The said schedule should be broken down into amount allocated to the bank, the name of the individual customer and/or beneficiary/beneficiaries and the basis/criteria for the allocation.

    The bank CEOs must also say who authorized the allocation in each case, whether it is the CBN and/or the deposit money bank itself.

    They are also to provide a summary of the TOP 50 customers who received the most FX allocation, in order of magnitude.

    Emefiele has been at the receiving end of attacks for years over his unorthodox monetary policies, but troubles expanded after his shocking decision to join the presidential race while still holding office.

    On December 27, 2022, it emerged that the DSS had been in court via an ex parte application marked FHC/ABJ/CS/2255/2022 and in which the secret police sought an order to arrest the CBN governor over alleged acts of financing terrorism and economic crimes of national security.

    EXPLAINER: Why Nigeria’s inflation fell in December after 10-month surge

    Five ways Nigeria can boost revenue without hurting investors

    Nigeria’s inflation falls for first time in 11 months

    Emefiele to be let in without arrest, expected to resign

    latest news

    DisCos report N188 bn revenue in Q2 2022, lowest in four quarters

    No cause for alarm over my health – Akeredolu

    Court sentences Lagos vulcaniser to death by hanging for stealing N57,000

    Gates Foundation earmarks $8.3bn to fight poverty in 2023

    Here are three key implications of cancelled Nigeria LNG shipments

    Source Credit: https://businessday.ng/business-economy/article/why-dss-is-beaming-its-searchlight-on-cbn-banks-foreign-exchange-allocation/

  •   Charge gov to court if you have evidence Adegboruwa tells DSSCentral Bank of Nigeria CBN Governor Godwin Emefiele has resumed duty after weeks of suspense about his whereabouts The Director Corporate Communications of the CBN Osita Nwanisobi who disclosed this in a statement in Abuja yesterday said he resumed after his yearly vacation abroad Mr Emefiele who proceeded on leave in December 2022 resumed work today Monday January 16 2023 The Governor resumed with renewed vigour to perform his duty ahead of the first Monetary Policy Committee MPC meeting of the year scheduled for January 23 to 24 2023 he stated Nwanisobi insisted Emefiele remains committed to performing the task before him in line with his oath of office and the policy direction of President Muhammadu Buhari While thanking the public for keeping faith with the bank the CBN urged Nigerians to continue to support its policies aimed at ensuring a stable financial system and the Nigerian economy in general The apex bank was silent about men of the DSS who allegedly invaded its premises Meanwhile Department of State Services DSS yesterday denied invading the headquarters of the CBN over alleged sponsorship of terrorism by Emefiele Spokesperson of the agency Peter Afunanya in a terse statement described the report alleging that the secret police took over the office of the governor of the CBN as misleading The attention of the DSS has been drawn to the false news making the rounds that its operatives invaded the Central Bank of Nigeria and arrested the governor today yesterday This is fake news and quite misleading Afunanya said Earlier it was gathered that operatives of the agency stormed the CBN commando style and took over the office of Emefiele The agencies armed personnel allegedly entered the premises with about 20 vehicles It was also learnt that the operatives barred all staff of the bank from gaining access to Emefiele s office Recall that the DSS had accused Emefiele of allegedly sponsoring terrorism against Nigeria The secret service had also sought a court order to arrest Emefiele The Federal High Court had in December barred the DSS from arresting inviting or detaining Emefiele Chief Judge of the Abuja Federal High Court John Tsoho while ruling on the matter described the suit as an illegal operation and plot to deceive the court into granting a frivolous order to help arrest and deprive an innocent man of his personal liberty This came as a Senior Advocate of Nigeria of Nigeria SAN Ebun Olu Adegboruwa charged the DSS to file a suit against Emefiele if it has concrete evidence against him The Lagos based lawyer in a statement made available to The Guardian yesterday said It is better to make everything plain and open to the Nigerian people Nobody should be above the law The various crises surrounding the CBN governor do not speak well for the nation s economy There should be no undue persecution or arrest of any citizen without lawful cause or justification but no one should be shielded from probe The senior lawyer said The DSS does not require the arrest of a citizen in order to file a charge in court if there is truly an allegation The issues of alleged stamp duty and alleged sponsorship of terrorism are documentary The charge once filed will of itself speak to compel the attendance of the defendant There is therefore no need for the seemingly unending drama between Mr Emefiele the DSS and the Presidency unless of course it is part of the hidden agenda o perform his duty ahead of the first Monetary Policy Committee MPC meeting of the year scheduled for January 23 to 24 2023 he stated Nwanisobi insisted Emefiele remains committed to performing the task before him in line with his oath of office and the policy direction of President Muhammadu Buhari While thanking the public for keeping faith with the bank the CBN urged Nigerians to continue to support its policies aimed at ensuring a stable financial system and the Nigerian economy in general The apex bank was silent about men of the DSS who allegedly invaded its premises Source Credit https guardian ng news cbn confirms emefieles resumption silent on alleged planned arrest
    CBN confirms Emefiele’s resumption, silent on alleged planned arrest
      Charge gov to court if you have evidence Adegboruwa tells DSSCentral Bank of Nigeria CBN Governor Godwin Emefiele has resumed duty after weeks of suspense about his whereabouts The Director Corporate Communications of the CBN Osita Nwanisobi who disclosed this in a statement in Abuja yesterday said he resumed after his yearly vacation abroad Mr Emefiele who proceeded on leave in December 2022 resumed work today Monday January 16 2023 The Governor resumed with renewed vigour to perform his duty ahead of the first Monetary Policy Committee MPC meeting of the year scheduled for January 23 to 24 2023 he stated Nwanisobi insisted Emefiele remains committed to performing the task before him in line with his oath of office and the policy direction of President Muhammadu Buhari While thanking the public for keeping faith with the bank the CBN urged Nigerians to continue to support its policies aimed at ensuring a stable financial system and the Nigerian economy in general The apex bank was silent about men of the DSS who allegedly invaded its premises Meanwhile Department of State Services DSS yesterday denied invading the headquarters of the CBN over alleged sponsorship of terrorism by Emefiele Spokesperson of the agency Peter Afunanya in a terse statement described the report alleging that the secret police took over the office of the governor of the CBN as misleading The attention of the DSS has been drawn to the false news making the rounds that its operatives invaded the Central Bank of Nigeria and arrested the governor today yesterday This is fake news and quite misleading Afunanya said Earlier it was gathered that operatives of the agency stormed the CBN commando style and took over the office of Emefiele The agencies armed personnel allegedly entered the premises with about 20 vehicles It was also learnt that the operatives barred all staff of the bank from gaining access to Emefiele s office Recall that the DSS had accused Emefiele of allegedly sponsoring terrorism against Nigeria The secret service had also sought a court order to arrest Emefiele The Federal High Court had in December barred the DSS from arresting inviting or detaining Emefiele Chief Judge of the Abuja Federal High Court John Tsoho while ruling on the matter described the suit as an illegal operation and plot to deceive the court into granting a frivolous order to help arrest and deprive an innocent man of his personal liberty This came as a Senior Advocate of Nigeria of Nigeria SAN Ebun Olu Adegboruwa charged the DSS to file a suit against Emefiele if it has concrete evidence against him The Lagos based lawyer in a statement made available to The Guardian yesterday said It is better to make everything plain and open to the Nigerian people Nobody should be above the law The various crises surrounding the CBN governor do not speak well for the nation s economy There should be no undue persecution or arrest of any citizen without lawful cause or justification but no one should be shielded from probe The senior lawyer said The DSS does not require the arrest of a citizen in order to file a charge in court if there is truly an allegation The issues of alleged stamp duty and alleged sponsorship of terrorism are documentary The charge once filed will of itself speak to compel the attendance of the defendant There is therefore no need for the seemingly unending drama between Mr Emefiele the DSS and the Presidency unless of course it is part of the hidden agenda o perform his duty ahead of the first Monetary Policy Committee MPC meeting of the year scheduled for January 23 to 24 2023 he stated Nwanisobi insisted Emefiele remains committed to performing the task before him in line with his oath of office and the policy direction of President Muhammadu Buhari While thanking the public for keeping faith with the bank the CBN urged Nigerians to continue to support its policies aimed at ensuring a stable financial system and the Nigerian economy in general The apex bank was silent about men of the DSS who allegedly invaded its premises Source Credit https guardian ng news cbn confirms emefieles resumption silent on alleged planned arrest
    CBN confirms Emefiele’s resumption, silent on alleged planned arrest
    General news2 weeks ago

    CBN confirms Emefiele’s resumption, silent on alleged planned arrest

    • Charge gov to court if you have evidence, Adegboruwa tells DSS

    Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, has resumed duty after weeks of suspense about his whereabouts.

    The Director, Corporate Communications of the CBN, Osita Nwanisobi, who disclosed this in a statement in Abuja, yesterday, said he resumed after his yearly vacation abroad. “Mr. Emefiele, who proceeded on leave in December 2022, resumed work today, Monday, January 16, 2023. The Governor resumed with renewed vigour to perform his duty ahead of the first Monetary Policy Committee (MPC) meeting of the year scheduled for January 23 to 24, 2023,” he stated.

    Nwanisobi insisted Emefiele remains committed to performing the task before him, in line with his oath of office and the policy direction of President Muhammadu Buhari.

    While thanking the public for keeping faith with the bank, the CBN urged Nigerians to continue to support its policies aimed at ensuring a stable financial system and the Nigerian economy in general.

    The apex bank was silent about men of the DSS who allegedly invaded its premises.

    Meanwhile, Department of State Services (DSS), yesterday, denied invading the headquarters of the CBN over alleged sponsorship of terrorism by Emefiele.

    Spokesperson of the agency, Peter Afunanya, in a terse statement, described the report alleging that the secret police took over the office of the governor of the CBN as misleading.

    “The attention of the (DSS) has been drawn to the false news making the rounds that its operatives invaded the Central Bank of Nigeria and arrested the governor today (yesterday). This is fake news and quite misleading,” Afunanya said.

    Earlier, it was gathered that operatives of the agency stormed the CBN commando style and took over the office of Emefiele.

    The agencies’ armed personnel allegedly entered the premises with about 20 vehicles. It was also learnt that the operatives barred all staff of the bank from gaining access to Emefiele’s office.

    Recall that the DSS had accused Emefiele of allegedly sponsoring terrorism against Nigeria. The secret service had also sought a court order to arrest Emefiele.

    The Federal High Court had, in December, barred the DSS from arresting, inviting, or detaining Emefiele.

    Chief Judge of the Abuja Federal High Court, John Tsoho, while ruling on the matter, described the suit as an illegal operation and plot to deceive the court into granting a frivolous order to help arrest and deprive an innocent man of his personal liberty.

    This came as a Senior Advocate of Nigeria of Nigeria (SAN), Ebun-Olu Adegboruwa, charged the DSS to file a suit against Emefiele, if it has concrete evidence against him.

    The Lagos-based lawyer, in a statement made available to The Guardian, yesterday, said: “It is better to make everything plain and open to the Nigerian people. Nobody should be above the law. The various crises surrounding the CBN governor do not speak well for the nation’s economy.

    “There should be no undue persecution or arrest of any citizen without lawful cause or justification but no one should be shielded from probe.

    The senior lawyer said: “The DSS does not require the arrest of a citizen in order to file a charge in court if there is truly an allegation. The issues of alleged stamp duty and alleged sponsorship of terrorism are documentary. “The charge, once filed, will of itself speak to compel the attendance of the defendant. There is, therefore, no need for the seemingly unending drama between Mr. Emefiele, the DSS, and the Presidency, unless, of course, it is part of the hidden agenda. o perform his duty ahead of the first Monetary Policy Committee (MPC) meeting of the year scheduled for January 23 to 24, 2023,” he stated.

    Nwanisobi insisted Emefiele remains committed to performing the task before him, in line with his oath of office and the policy direction of President Muhammadu Buhari.

    While thanking the public for keeping faith with the bank, the CBN urged Nigerians to continue to support its policies aimed at ensuring a stable financial system and the Nigerian economy in general.

    The apex bank was silent about men of the DSS who allegedly invaded its premises.

    Source Credit: https://guardian.ng/news/cbn-confirms-emefieles-resumption-silent-on-alleged-planned-arrest/

  •  The battle between the Governor of the Central Bank of Nigeria Godwin Emefiele and the Department of State Services over a plan to arrest the CBN governor may have been put on hold as Emefiele resumes duty The statement read The Governor Central Bank of Nigeria Mr Godwin Emefiele has resumed duty after his annual vacation abroad Mr Emefiele who proceeded on leave in December 2022 resumed work today Monday January 16 2023 However the development appears to have put a temporary stop to the reported plot by the DSS to arrest the nation s number one banker The suit with reference number FHC Abj CS 2255 2022 had State Security Services as the applicant Also the High Court of the Federal Capital Territory on December 29 barred the DSS and the Inspector General of Police from arresting and detaining Emefiele over allegations of terrorism and sundry offences against him The letter dated January 6 2023 was titled Emefiele let the rule of law of prevail The service warned those on a wild goose chase to be mindful of their actions Similarly it urges members of the public to disregard the vituperations and rantings of misguided elements and not allow themselves to be used as instruments of destabilisation Source Credit https punchng com emefiele dsss running battle paused as cbn gov resumes
    Emefiele, DSS’s running battle paused as CBN gov resumes
     The battle between the Governor of the Central Bank of Nigeria Godwin Emefiele and the Department of State Services over a plan to arrest the CBN governor may have been put on hold as Emefiele resumes duty The statement read The Governor Central Bank of Nigeria Mr Godwin Emefiele has resumed duty after his annual vacation abroad Mr Emefiele who proceeded on leave in December 2022 resumed work today Monday January 16 2023 However the development appears to have put a temporary stop to the reported plot by the DSS to arrest the nation s number one banker The suit with reference number FHC Abj CS 2255 2022 had State Security Services as the applicant Also the High Court of the Federal Capital Territory on December 29 barred the DSS and the Inspector General of Police from arresting and detaining Emefiele over allegations of terrorism and sundry offences against him The letter dated January 6 2023 was titled Emefiele let the rule of law of prevail The service warned those on a wild goose chase to be mindful of their actions Similarly it urges members of the public to disregard the vituperations and rantings of misguided elements and not allow themselves to be used as instruments of destabilisation Source Credit https punchng com emefiele dsss running battle paused as cbn gov resumes
    Emefiele, DSS’s running battle paused as CBN gov resumes
    General news2 weeks ago

    Emefiele, DSS’s running battle paused as CBN gov resumes

    The battle between the Governor of the Central Bank of Nigeria, Godwin Emefiele, and the Department of State Services over a plan to arrest the CBN governor may have been put on hold as Emefiele resumes duty.

    The statement read, “The Governor, Central Bank of Nigeria, Mr Godwin Emefiele, has resumed duty after his annual vacation abroad. Mr Emefiele, who proceeded on leave in December 2022, resumed work today, Monday, January 16, 2023.

    However, the development appears to have put a temporary stop to the reported plot by the DSS to arrest the nation’s number one banker.

    The suit, with reference number FHC/Abj/CS/2255/2022, had State Security Services as the applicant.

    Also, the High Court of the Federal Capital Territory, on December 29, barred the DSS and the Inspector General of Police from arresting and detaining  Emefiele, over allegations of terrorism and sundry offences against him.

     The letter, dated January 6, 2023, was titled Emefiele: let the rule of law of prevail.

    “The service warned those on a wild goose chase to be mindful of their actions. Similarly, it urges members of the public to disregard the vituperations and rantings of misguided elements and not allow themselves to be used as instruments of destabilisation.

    Source Credit: https://punchng.com/emefiele-dsss-running-battle-paused-as-cbn-gov-resumes/

  •   Businessday Ng The Department of State Service DSS has dismissed as rumours news making the rounds that the service invaded the Central Bank of Nigeria Peter Afunanya public relations officer of the DSS made the clarification Monday after many news organisations reported that the service stormed the apex bank The attention of the DSS has been drawn to the false news making the round that its operatives invaded the Central Bank of Nigeria and arrested its Governor today 16 1 23 This is fake news and quite misleading Afunanya said in the statement BusinessDay had reported earlier that the DSS opened wide ranging investigations into the foreign exchange received by deposit money bank in the country and their subsequent allocation to customers as well as the involvement of the Central Bank of Nigeria CBN The investigation is comy at a time of increasing searchlight on Godwin Emefiele governor of the apex bank who continues to be overseas after reports that he will be arrested by the secret police in connection with allegations of funding terrorism Kwankwaso pledges to prioritise education Emefiele resumes duty ahead of monetary policy committee meeting CBN DSS to quiz bank CEOs over FX allocations since 2017 Jagaban Army Atiku Okowa Campaign calls for Tinubu s Arrest latest news FMBN Deepening housing affordability and inclusion Vaccine manufacturing in Africa strategies to achieve the 2040 vision APC s deceptive educational policy 2023 A year of reinvention in shipping Atiku Obi outline steps to solve electricity crisis others Source Credit https businessday ng news article we did not invade cbn says dss
    We did not invade CBN, says DSS
      Businessday Ng The Department of State Service DSS has dismissed as rumours news making the rounds that the service invaded the Central Bank of Nigeria Peter Afunanya public relations officer of the DSS made the clarification Monday after many news organisations reported that the service stormed the apex bank The attention of the DSS has been drawn to the false news making the round that its operatives invaded the Central Bank of Nigeria and arrested its Governor today 16 1 23 This is fake news and quite misleading Afunanya said in the statement BusinessDay had reported earlier that the DSS opened wide ranging investigations into the foreign exchange received by deposit money bank in the country and their subsequent allocation to customers as well as the involvement of the Central Bank of Nigeria CBN The investigation is comy at a time of increasing searchlight on Godwin Emefiele governor of the apex bank who continues to be overseas after reports that he will be arrested by the secret police in connection with allegations of funding terrorism Kwankwaso pledges to prioritise education Emefiele resumes duty ahead of monetary policy committee meeting CBN DSS to quiz bank CEOs over FX allocations since 2017 Jagaban Army Atiku Okowa Campaign calls for Tinubu s Arrest latest news FMBN Deepening housing affordability and inclusion Vaccine manufacturing in Africa strategies to achieve the 2040 vision APC s deceptive educational policy 2023 A year of reinvention in shipping Atiku Obi outline steps to solve electricity crisis others Source Credit https businessday ng news article we did not invade cbn says dss
    We did not invade CBN, says DSS
    General news2 weeks ago

    We did not invade CBN, says DSS

    Businessday Ng -

    The Department of State Service (DSS) has dismissed as rumours, news making the rounds, that the service invaded the Central Bank of Nigeria.

    Peter Afunanya, public relations officer of the DSS made the clarification Monday after many news organisations reported that the service ‘stormed’ the apex bank.

    “The attention of the DSS has been drawn to the false news making the round that its operatives invaded the Central Bank of Nigeria and arrested its Governor, today 16/1/23. This is fake news and quite misleading,” Afunanya said in the statement.

    BusinessDay had reported earlier that the DSS opened wide-ranging investigations into the foreign exchange received by deposit money bank in the country and their subsequent allocation to customers as well as the involvement of the Central Bank of Nigeria (CBN). The investigation is comy at a time of increasing searchlight on Godwin Emefiele, governor of the apex bank, who continues to be overseas after reports that he will be arrested by the secret police in connection with allegations of funding terrorism.

    Kwankwaso pledges to prioritise education

    Emefiele resumes duty ahead of monetary policy committee meeting

    CBN: DSS to quiz bank CEOs over FX allocations since 2017

    Jagaban Army: Atiku/Okowa Campaign calls for Tinubu’s Arrest

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    Source Credit: https://businessday.ng/news/article/we-did-not-invade-cbn-says-dss/

  •  The Department of State Services DSS has described reports that its operatives invaded the Central Bank of Nigeria CBN to arrest Godwin Emefiele the CBN governor as fake news There were reports on Monday across social media platforms that the DSS stormed the CBN headquarters to arrest Emefiele over allegations of terrorism financing But in a statement issued by Peter Afunanya DSS spokesperson the agency debunked the claims The attention of the Department of State Services DSS has been drawn to the false news making the round that its operatives invaded the Central Bank of Nigeria and arrested its Governor today 16 1 23 This is fake news and quite misleading the statement reads TheCable had earlier reported Emefiele s return to Nigeria after his annual vacation abroad Emefiele who left the country in December 2022 returned on Monday and commenced his duties During his time away there had been concerns over his whereabouts especially after reports that the DSS had approached a federal high court in Abuja seeking a warrant to arrest him over alleged terrorism financing In declining the ex parte motion usually filed by an applicant in the absence of the respondent John Tsoho the chief judge said the DSS did not provide concrete evidence to substantiate its claims Also a federal capital territory FCT high court sitting in Maitama later issued an order restraining the DSS from arresting the CBN governor There are speculations that the bid to arrest Emefiele might be political given the impact the redesign of the naira and limit on cash withdrawals might have on vote buying in the elections Source Credit https www thecable ng fake news alert we didnt invade cbn says dss
    FAKE NEWS ALERT: We didn’t invade CBN, says DSS
     The Department of State Services DSS has described reports that its operatives invaded the Central Bank of Nigeria CBN to arrest Godwin Emefiele the CBN governor as fake news There were reports on Monday across social media platforms that the DSS stormed the CBN headquarters to arrest Emefiele over allegations of terrorism financing But in a statement issued by Peter Afunanya DSS spokesperson the agency debunked the claims The attention of the Department of State Services DSS has been drawn to the false news making the round that its operatives invaded the Central Bank of Nigeria and arrested its Governor today 16 1 23 This is fake news and quite misleading the statement reads TheCable had earlier reported Emefiele s return to Nigeria after his annual vacation abroad Emefiele who left the country in December 2022 returned on Monday and commenced his duties During his time away there had been concerns over his whereabouts especially after reports that the DSS had approached a federal high court in Abuja seeking a warrant to arrest him over alleged terrorism financing In declining the ex parte motion usually filed by an applicant in the absence of the respondent John Tsoho the chief judge said the DSS did not provide concrete evidence to substantiate its claims Also a federal capital territory FCT high court sitting in Maitama later issued an order restraining the DSS from arresting the CBN governor There are speculations that the bid to arrest Emefiele might be political given the impact the redesign of the naira and limit on cash withdrawals might have on vote buying in the elections Source Credit https www thecable ng fake news alert we didnt invade cbn says dss
    FAKE NEWS ALERT: We didn’t invade CBN, says DSS
    General news2 weeks ago

    FAKE NEWS ALERT: We didn’t invade CBN, says DSS

    The Department of State Services (DSS) has described reports that its operatives invaded the Central Bank of Nigeria (CBN) to arrest Godwin Emefiele, the CBN governor, as “fake news”.

    There were reports on Monday across social media platforms that the DSS stormed the CBN headquarters to arrest Emefiele over allegations of terrorism financing.

    But in a statement issued by Peter Afunanya, DSS spokesperson, the agency debunked the claims.

    “The attention of the Department of State Services (DSS) has been drawn to the false news making the round that its operatives invaded the Central Bank of Nigeria and arrested its Governor, today 16/1/23. This is fake news and quite misleading,” the statement reads.

    TheCable had earlier reported Emefiele’s return to Nigeria after his annual vacation abroad.

    Emefiele, who left the country in December 2022, returned on Monday and commenced his duties.

    During his time away, there had been concerns over his whereabouts, especially after reports that the DSS had approached a federal high court in Abuja seeking a warrant to arrest him over alleged terrorism financing.

    In declining the ex parte motion — usually filed by an applicant in the absence of the respondent — John Tsoho, the chief judge, said the DSS did not provide concrete evidence to substantiate its claims.

    Also, a federal capital territory (FCT) high court sitting in Maitama later issued an order restraining the DSS from arresting the CBN governor.

    There are speculations that the bid to arrest Emefiele might be political, given the impact the redesign of the naira and limit on cash withdrawals might have on vote-buying in the elections.

    Source Credit: https://www.thecable.ng/fake-news-alert-we-didnt-invade-cbn-says-dss

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