Wednesday, 27 July 2016

AMAECHI, WIKE COMPELLED TO HANDSHAKE DURING PEACE MEETING ON RIVERS-RERUN HELD ON JULY 26, 20169.

In a bid to ensure a violent-free re-run Senatorial/House of Representative elections in Rivers State, a crucial meeting to chart the path to peace in Rivers State before, during and after the re-run elections in the state was held yesterday in Abuja, between the Inspector-General of Police, Ag. IG Ibrahim Idris and the Director-General of Department of State Services, DSS, Alh. Musa Daura. 

REVEALED: AYO FAYOSHE THREATENED FORMER PRESIDENT GOOLDLUCK JONATHAN – ALUKO


As against the denials of Governor Ayodele Fayose that he never got any money from the office of the former National Security Adviser, Col. Sambo Dasuki (retd.), the Peoples Democratic Party (PDP) Secretary in Ekiti State, Dr. Temitope Aluko has revealed that the governor’s election was indeed funded with cash from Dasuki’s office, some oil contractors and that Fayose threatened former President Goodluck Jonathan that he must deliver so that Jonathan will win in Southwest. Tope Aluko Aluko, who claimed that Zenith Bank did not sponsor the campaign of Governor Ayo Fayose, but only made a token donation of N200 million after he had won the governorship election. Aluko made this disclosure during a live interview programme on ADABA 88.9 FM monitored in Ado Ekiti on Tuesday. Aluko who said Fayose was not a buoyant man before coming out to contest the 2014 governorship election, added the Governor only had a little close to N10 million in his personal account, also revealed that his primary election was sponsored by Transformation Ambassadors of Nigeria (TAN) and the Nigeria National Petroleum Corporation (NNPC) Towers in Abuja. The Ekiti poll fraud whistleblower revealed that it was after Fayose had won the Ekiti PDP primary that cash from the Office of the National Security Adviser (ONSA) and oil contractors was deployed to fund the campaign for the main election. He said Zenith Bank and other corporate organizations came in with business proposals after Fayose had won the election maintaining that the governor’s claim that his campaign was sponsored by Zenith Bank was a “blatant lie.” Aluko explained during the interview that Fayose purchased five houses with the N2.3 billion, which was a remainder of the slush funds from ONSA in choice locations like Abuja, Banana Island and Victoria Island in Lagos. Speaking on the feud between Fayose and Obanikoro on the arms cash, Aluko revealed that a crisis of confidence broke out among the duo following a discovery that part of the money ferried by plane to Akure for the purpose of Ekiti poll was short by N80 million. He said: “The Presidency gave us security and money; the money was sent from a Diamond Bank branch through an account run by Sylvan MacNamara, a company owned by Obanikoro. “My boss (Fayose) said he wanted to get his own in cash and that was why arrangement was made to get his own in cash and that was why such a huge amount (N2.1 billion) was ferried by plane. Obanikoro cannot claim not to have brought the money. “He (Fayose) chose his man, Abiodun Agbele, to keep the money in a Zenith Bank account and the money was lodged at Zenith Bank, Alagbaka Branch in Akure. The transaction was not recorded and it got to a stage when it was discovered that the money was short by N80 million. “This causes a crisis between Fayose and Obanikoro who brought money thrice from Abuja. He (Obanikoro) brought other things apart from money which I won’t disclose now and it was from it that N1 billion was released to INEC officials to manipulate Ekiti and Osun polls. “Fayose was threatening (former President Goodluck) Jonathan that he (Fayose) must deliver so that Jonathan will win in Southwest. All the PDP elders were kept out of picture over the transactions and cash and some of the cash deployed did not get to their destinations. “The cash carried in the plane was not entered into the manifest, the N2.1 billion was delivered to a bank at 4.30 am in Ekiti. The N2.3 billion remaining from the total cash received for the election was used to buy house in Abuja and the house belongs to Fayose. “Fayose purchased five houses in Victoria Island and Banana Island. The property in Dubai was purchased by a fellow who is known as Bisi in Ekiti but is known as Femi abroad. Questions are being asked on the N3 billion used to purchase the Dubai property but I strongly believe that we will recover our money.” Refuting Fayose’s claim that Zenith Bank sponsored his election, Aluko said: “It is not true that Zenith sponsored his campaign, a meeting was held in Lagos where Zenith donated N200 million and that was after he had won the election. There was no time Zenith sponsored us. “If Zenith wanted to give us money, they did not need to use an aircraft to carry cash, all they need to do was to generate the money from their branch in Akure through the local branch of Central Bank of Nigeria.” Speaking on the purported begging of the governor by some Zenith Bank officials, Aluko said Fayose masterminded the “show” to blackmail the bankers following the heat generated by the freezing of his accounts. Aluko said: “That is the style of my boss (Fayose); the (Ado Ekiti branch manager), Bunmi Falana also known as “Bumshaka” and Goke (Olatunji) were personal assistants to Fayose during his first term but Bunmi quit politics following a spiritual attack he suffered and demanded a career job. “It was Fayose that used his position to secure a job for him at Pacific Bank before he assisted him to get a job at Zenith Bank. But they later fell apart over money issues after which the EFCC arrested Bunmi. “The governor told the banks to make his boys their branch managers and they are in charge of Ekiti Internally Generated Revenue (IGR) accounts which I want the EFCC to beam their searchlights on. “Fayose threatened Bunmi, telling him that he made him and would also destroy him that was why Bunmi knelt down before him. That is what Fayose used to do to blackmail people. “No big money flowed into Fayose’s campaign until the month of June (2014) and the election was not sponsored by Zenith. All the monies collected were either paid into the account of Spotless Investment or Fayose’s personal account. There was a time N117 million cash paid into the account of Spotless Investment in one single day, that is August 22, 2014 which was far in excess of what a customer can deposit in a single day, six deposits in a single day. “Dasuki had said it before that N10 billion was spent on Ekiti and Osun polls and they are in various tranches. We know that of $2 million, another N2.1 billion and N4.7 billion, the bank did not sponsor his campaign.” On the failure of the governor to pay civil servants’ salaries, Aluko said the problem could be traced to the fact that what Fayose earns 40 per cent of the monthly allocation as entitlements. He explained that Fayose receives N250 million as security vote every month which was jerked up from N150 million received by his predecessor, Dr. Kayode Fayemi apart from various allowances received from Government House and Protocol. Aluko maintained that if Fayose should reduce his his motley allowances, there would be a substantial amount that could be channeled to workers’ salaries adding that Fayose has less financial commitment unlike Fayose who paid social security to the aged, peace corps, youth volunteers, among other schemes scrapped by his successor. The PDP stalwart doubted Fayose’s claim that the state now generates N300 million monthly compared N600 million monthly generated during the Fayemi administration. He said the fact that Fayose has imposed series of taxes on Ekiti people should shore up the revenue base. “IGR ought to be more than that; Fayose is now collecting money by force from people like okada riders, banana sellers, shop owners and other petty trade. If you impose taxes not imposed by your predecessor, the IGR suppose to be more than that. “I want the authorities concerned to beam their searchlight on the various IGR accounts run by Ekiti State government because Ekiti people are asking questions on this. He said further: “Fayose should shed from the hefty allowances he raised for himself to pay other people that are suffering because this is someone who is making noise when his account was closed what about other people being owed salaries for the past six months. “It is very insulting for a governor to be saying that he cannot sell his wife and children to pay salaries. It is absurd for somebody to have billions in his account and property all over to be telling the people to endure pains. “Some banks were closed recently because the banks insisted that due process must be followed over Corporate Social Responsibility projects and this has led many Ekiti sons and daughters to lose their jobs”. He expressed fear that Ekiti may not get another bailout because the Fayose government cannot meet the conditions specified to access the funds to bring succour to workers. Aluko stated: “TSA is not in operation, state accounts not published, salary structure unknown, IGR unknown, what is spent on recurrent and capital expenditures unknown and the consultant is the same person operating as contractor.

Tuesday, 26 July 2016

FRSC “ROAD SAFETY” CAN NO LONGER IMPOSE FINES ON DEFAULTERS, COURT RULES


A federal high court in Lagos has declared void powers of the Federal Road Safety Corps (FRSC) to impose fines on motorists for traffic offences.

Justice John Tsoho, a federal high court judge, held that the commission could not turn itself into a court of law by punishing those who commit traffic offences.

Tope Alabi, a lawyer, had approached the court to declare that only a court of competent jurisdiction could pronounce a person guilty under section 10 (4) and 28 (2) of the FRSC Act 2007.

Other defendant in the suit was the attorney-general of the federation.

The judge also awarded N1million damages in favour of the plaintiff because officials of the FRSC had confiscated his vehicle and driver’s licence.

Tosho said while FRSC was statutorily empowered to arrest and fine traffic offenders, a closer look at the definition of the word “fine” meant a pecuniary criminal punishment or civil penalty payable to the public treasury.

“In the instant case, however, the involvement of the element of arrest takes the imposition of fine by the FRSC to the realm of criminal punishment,” he said.

“From these definitions, it is obvious that the act of sentencing is a judicial action or exercise, and imposition of fine connotes conviction for an alleged offence.

“It is, thus, very clear that the FRSC, not being a court of law, cannot impose fine, especially as it has no powers to conduct trial.

“Hence, the exercise of the statutory powers given to the defendant under the Act as pertain to imposition of fine is clearly a usurpation of judicial powers exclusively vested in the courts.

“In the circumstances, I endorse the plaintiff’s submission that by virtue of section 1(3) of the constitution, the power to impose fine conferred on FRSC by the enabling act is null and void to the extent of its inconsistency with the constitution.”

Tsoho held that the FRSC resorted to “legislative absurdity” when it imposed a fine of 3,000 on the plaintiff, rather than the N2,000 statutorily prescribed.

“FRSC’s function should not go beyond issuance of mere notices of offence,” he ruled.

“It is a cardinal principle of natural justice that no person can be condemned without being heard.

“It is in observance of this that a person alleged to have committed an offence has to respond to such allegation before a court of law during trial.”

According to the judge, the plaintiff was issued a notice of offence Sheet on April 4, 2013, but FRSC did not take him to court for five months before the plaintiff filed his suit on September 9, 2013.

“The vital question to ask is how long would it take the FRSC to reasonably commence prosecution of a traffic offence?” he asked.

“The plaintiff was not under obligation to wait indefinitely for redress due to FRSC’s inaction or laxity.

“I hold the view that the confiscation of the vehicle was unnecessary in the first place, though the FRSC spiritedly sought to justify it.”

The judge then granted 11 of the 14 reliefs sought by the plaintiff, awarding N1million in his favour instead of the N10 million prayed for.

 


 

GOOD NEWS FOR NIGERIANS AS NIGERIA SET TO FUND BUDGET FROM NON-OIL REVENUE SOURCES, SAYS FIRS CHAIRMAN


With earnings from oil exports declining steadily by the day as a result of low global crude oil prices, Federal Inland Revenue Service (FIRS), Chairman, Tunde Fowler, said on Monday the Federal Government was now ready to fund annual budgets from non-oil revenue sources.

During the Federation Accounts Allocation Committee (FAAC) meeting last week, 70 per cent of the over N559.03 billion shared among the three tiers of government for June came from non-oil revenue sources.

Apart from a total of N279.16 billion realised as non-mineral revenue, another N67.4 billion came from value added tax (VAT), in addition to increases in revenue from company income tax (CIT), import duties and royalties.

Mr. Fowler, who is also the Chairman, Joint Tax Board (JTB), hailed the development, describing it as unprecedented.

“It was the first time in 2016 that the Federal Government shared over N500 billion among the three tiers of government during the Federal Accounts and Allocation Committee (FAAC) meeting,” Mr. Fowler said.

“We are proud of the development and we tell ourselves that this is the time to fund the budget of the Federal Government from non-oil sources.”

Mr. Fowler was speaking in Abeokuta when he led 36 Chairmen of the State Boards of Internal Revenue (SBIRs) to the Ogun State governor, Ibikunle Amosun, shortly after declaring open the 135th meeting of the JTB.

“Whatever you (SBIRs), Nigeria Customs and others did last month that ensured that we (Federal, States, shared over N500 billion at FAAC—(the Federation Accounts Allocation Committee), please continue to do it. It is good for the Federal Government. It is good for states. It is good for Local Governments. It is good for the nation,” Mr. Fowler said.

The FIRS Chairman said although tax revenue collection was seasonal, a combination of new taxpayer registration drive, tax education and engagement through the establishment of the federal engagement and enlightenment tax teams (FEETT) was beginning to yield results.

He said the audit of five key sectors, namely banks and the financial sector, aviation, power, telecoms and oil and gas would also boost the country’s revenue generation profile.

The FIRS, he said, has also added over 700,000 new corporate accounts in the system since he assumed office, adding that Nigeria has a cumulative figure of 10 million registered taxpayers, in addition to the number of taxpayers of SBIRs and and the FIRS.

“The JTB has given itself a target to register at least 10 million additional taxpayers by December 31, 2016. We have commenced tax enforcement too. We are happy that the efforts of the FIRS in collaboration with revenue stakeholders are already yielding positive results,” he said.

Mr. Fowler said the FIRS and SBIRs have resolved to work together to register more taxpayers, across states, data sharing, exchange of information, joint audits to improve efficiency and tax yields from audits, capacity building through joint training programmes and exchange of personnel.

To ensure the implementation of the collaboration framework, FIRS has requested the approval of state governments for the automation payments process on taxable transactions to enhance the deduction, at source, particularly of withholding tax and VAT.

Mr. Fowler thanked Mr. Amosun for being the first state governor to approve FIRS’ request on automated deduction and remittance of VAT and Withholding Tax from the point of payments to contractors in states.

For Governor Amosun, the ability of the Federal Government to collect more than N500 billion last month proved the country could generate more if everyone was determined to explore other sources of revenue apart from oil.

“It has come to a point we should say, okay, let us leave oil aside. Let us face non-oil sources. All hands must be on deck to grow our tax revenue. We must find a way of bringing the rich people into the tax net,” the governor said.

The JTB, established in 1961, is the umbrella body for State and Federal tax authorities in Nigeria, to promote uniformity and harmonisation of Personal Income Tax Administration across the country.

CHECKOUT HOW MUCH FG, STATES AND LOCAL GOVTS GOT AS ALLOCATION FOR JUNE 2016 BY FAAC


For the first time in the 2016 fiscal year, the monthly allocation from the Federation Account crossed the N500bn threshold with the Federation Accounts Allocation Committee distributing a total sum of N559.03bn to the three tiers of government on Thursday.

This is even as the gross revenue accruing to the federation increased by N301.32bn, the highest in a long time.

Addressing journalists shortly after the FAAC meeting, which was held at the headquarters of the Ministry of Finance in Abuja, the Minister of Finance, Mrs. Kemi Adeosun, attributed the increase in revenue to efficiency in collection by the revenue generating agencies.

Specifically, she said there was an increase in non-oil tax collection by the Federal Inland Revenue Service, as the agency recorded an increase of N165bn in tax collections, while the Nigeria Customs Service raised its revenue by N12.6bn

Adeosun said, “The big cause of the increase is the improvement of non-oil revenue from the FIRS. The FIRS improved its performance between last month and this month by N165bn. And that accounted for the change in revenue; and also, there was an improvement of N12.6bn by the Nigeria Customs Service, as well as the exchange rate gain of N79.2bn

“This is a significant improved performance, especially by the Customs that was able to do so despite the scarcity of foreign exchange and the restrictions on the 41 items. So, we are quite encouraged by that because it means that some of the reforms that we have started around collection improvement are beginning to bear fruit.”

This increase in revenue, according to her, led to an improvement in the amount allocated to the three tiers of government from N305.12bn in May to N559.03bn for the month of June.

Giving a breakdown of the amount shared, the minister said:
N412.3bn was distributed under statutory allocation;
N67.4bn under Value Added Tax revenue;
the balance of N79.27bn was allocated from the gain made from exchange rate differentials.

Out of the N412.3bn shared under statutory allocation, Adeosun said that after deducting the costs of collection to the Customs and the FIRS, the Federal Government received N199.75bn; the states, N101.3bn; local governments, N78.11bn; while the sum of N17.12bn was shared to oil producing states based on the derivation principle.

For VAT, she said Federal Government received N9.7bn; states, N32.35bn; and local governments, N22.67bn.

The minister said, “The gross statutory revenue of N538.78bn received was higher than the N237.46bn received in the previous month by N301.32bn. The average price of crude oil increases from $32.26 in February to $38.64 in March, resulting in $92.99m increase in federation export revenue.”

“There was an outstanding increase in Companies Income Tax and Petroluem Profit Tax with complementary increases in import duty and royalties.”

Adeosun put the balance in the Excess Crude Account at 3.94 billion dollars as at July 20, indicating an increase of 1.68 billion dollars over the the 2.26 billion dollars in the previous month.

When asked about plans to stimulate the economy away from the looming recession, the minister said that there was no need for panic as the fundamentals of the economy were still strong.

Meanwhile the Chairman, Commissioners of Finance Forum, Mr John Inegbedion, said with the improved revenue for the month, all 36 states would be able to pay salaries for the month.

Also, the Commissioner of Finance, Cross River, Mr Asuquo Ekpenyong, said the state would start processing May and June salaries for payment.

Friday, 22 July 2016

SPEAKER DOGARA TRIED TO PAD N30 BILLION INTO BUDGET – SACKED HOUSE APPROPRIATION CHAIRMAN


The former chairman of the House of Representatives Committee on Appropriation, Abdulmumin Jibrin, has spoken of what he claimed were the real reasons for his removal on Wednesday.

Mr. Jibrin, a former ally of the speaker, Yakubu Dogara, had said that he chose to step down for personal reasons.
In a statement he released late Thursday, Mr. Jibrin raised a humongous allegation of fraud against Mr. Dogara.

He accused the speaker of attempting to pad N30 billion into the controversial 2016 budget.

Read his full statement:
I am obliged to make further statement after listening to the full statement of Speaker Yakubu Dogara on why I had to leave as Chairman Appropriation. It is a fact I went up to the Speaker and told him clearly I wanted to leave. He confirmed this in his statement but it appeared he wished he had fired me instead of my personal decision to step down.

Thereafter I proceeded to my office. I was therefore not surprised when an aide of mine walked into my office to inform me that the Speaker had announced my departure. I was relieved and went straight to address the press and released a statement. It was only later in the evening while monitoring the news that I watched the full statement he made on the floor. Speaker Dogara’s statement was a complete misrepresentation of the facts, false, mischievous, unfair and a calculated attempt to bring my name to disrepute, blackmail, silence and use me as a scape goat.

The plan is to execute it just before the recess so that by the time we return I would have been buried and the issue forgotten. Mr Speaker, this issue will never be swept under the carpet. We are closing for recess with it and we shall commence the next session with this issue. This was the last option they had after every attempt to find something to nail me failed. It is a known fact that I am a very blunt person by nature. I don’t know how to pretend. I don’t do eye service neither will I ever be a sycophant. I don’t give returns. I just do my job faithfully and dedicatedly. My offence was asserting my independence and insisting that we do the right thing at all times and expose corrupt people in the House.

Lately I openly disagreed with some principal officers on the issue of immunity for Lawmakers and budget issues. I still maintained I will never support immunity. I strongly believe with every conviction that in cleaning up the budgeting system and considering what transpired during 2016 budget which I have all the facts documented, Speaker Dogara, Deputy Speaker Lasun, Whip Doguwa and minority Leader Leo Ogor should resign. These members of the body of principal officers were not comfortable with my independent disposition and my refusal to cover up their unilateral decision to allocate to themselves 40billion naira out of the 100billion allocated to the entire National Assembly.

The four of them met and took that decision. In addition to billions of wasteful projects running over 20 billion they allocated to their constituencies. They must come out clean. My inability to admit into the budget almost 30 billion personal requests from Mr. Speaker and the 3 other principal officers also became an issue. I have every documented evidence to this effect. After the submission of the first version of the budget which was returned by Mr. President, I briefed members in executive session and told them as agreed at our pre budget meeting with chairmen and deputy chairmen of standing committees, we simply adopted their reports with little amendments. No body faulted my submission.

Members insisted they must know how the N100 billion was allocated. I told them the truth. Since after that meeting, Mr Speaker with the suport of the three other principal officers effectively blocked me from briefing members, ensured I was not at the last executive session and refused to investigate issues I raised that I believe must be addressed if we intend to build a better budget system for the House. I gave Mr. Speaker statistics of 2000 new projects introduced into the budget by less than 10 committee chairmen without the knowledge of their committee members he did nothing about it because he was part of the mess yet he is talking about improving the budget system. I did nothing wrong. I worked within the rules of the House and instructions of Mr. Speaker. During the budget period, Mr. President graciously granted myself and Sen. Goje audience.

It was a very good meeting. Speaker Dogara took it extremely personal that we saw the president without his knowledge and went on to scuttle all our efforts to help the president during the budget process because he wanted to be seen by the president as the only good man. He forgot that he sees heads of MDA’s daily which he enjoys doing more than his job as Speaker for reasons best known to him anyway, without Mr. President’s knowledge. That is how petty and narrow minded Dogara can be. A coward, hypocrite and pretender of the highest order. Mr President must be very careful with him. He wines with Mr. President and dines with Mr. Presidents enemies. I am glad that I am finally free from his emotional blackmail of constantly trying to make me see my appointment as appropriation chairman as a favour.

He has failed to realise that I came a long way and even attained chairman finance when he was chairman House services before this appointment. Seeing as the Speaker claimed that they have taken the decision or were going to take decision to replace me, he now has a responsibility to tell the world why they took or were going to take such decision. I challenge them to tell the world why? I will be releasing a more detailed statement in due course.

Meanwhile, I intend to explore all internal avenues of the House to brief my colleagues in detail and testify against Speaker Dogara, Deputy Lasun, Whip Doguwa and Minority leader Leo Ogor on why they should resign. If I am not allowed to exercise my privilege, I shall consider legal options. I can no longer bear the brunt of abuses and baseless allegations keeping quiet all in the name of “confidentiality” expected of an appropriation chairman. I will not allow anybody no matter how highly placed to destroy my life as intended by the full statement of Speaker Yakubu Dogara. Now Nigerians will see clearly the ulterior motive behind the desperate moves for immunity for principal officers of the National Assembly.
However, the speaker has denied the allegations via a
statement by the spokesperson for the house, Abdulrazak Namdas, and dismissed Mr. Jibrin’s claims.

FULL STATEMENT:
Our attention has been down to media statements made by the former Chairman of House Appropriation Committee, Hon Abdulmumuni Jibrin wherein he made wild allegations against the House of Representatives and its leaders.

We wish to say that it is the prerogative of the Selection Committee of the House to appoint and remove Committee Chairmen. That power has been so exercised in the case of Hon. Abdulmumin Jibrin as chairman of Appropriation Committee.

Most of the allegations on the 2016 budget process and his opposition to immunity of Presiding officers are non-issues and mere afterthought manufactured simply because the House relieved him of his position.
If he had all these ‘facts’ before, why didn’t he make them public? Why is he doing that now?

Hon. Abdulmumin Jibrin, like any other member of the House knows that there are conventions and precedents as it relates to budgets and projects for principal officers of the National Assembly. Why is he making it an issue now? In any case, he is entitled to his opinion as a Nigerian and as a legislator while acting within the laws of Nigeria and rules of the House.

We must make it abundantly clear that he was not removed because of his support or otherwise on immunity bill. After all he is not the only one who opposed the bill.

The bill is still pending before committee on review of constitution and it has to be voted upon by each and every member of the House, get Senate concurrence, endorsed by two-third of the 36 State Houses of Assembly and be assented to by the President. It is a cheap blackmail on the part of Hon. Jibrin to even insinuate that he was removed because he opposed immunity bill.

He should not distract the House from giving legislative support on important issues facing the government concerning the revival of the economy, insecurity in the country, pursuit of anti corruption measures, poverty alleviation, infrastructural development etc. The Nigerian people are simply not ready to waste their time on personal issues and personal egos of our leaders. We should face the urgent tasks before us for which we were elected.

Wednesday, 29 June 2016

UCHE OGAH ARRAIGNED FOR FORGERY AND FRAUD

The Nigeria police on Thursday arraigned the President of an oil firm, Masters Energy Oil and Gas Limited, Uche Ogah, and an ex-employee of the United Bank for Africa, Deji Somoye, before a Tinubu Magistrate’s Court, Lagos, for alleged fraud.

The said oil firm and the bank were also joined in three counts bordering on forgery and conspiracy proferred against the defendants by the police. According to the police, Uche Ogah allegedly forged a Memorandum of Understanding between Masters Energy Oil and Gas Limited and Mut-Hass Petroleum Limited sometime in March 2011. He and some other persons said to be at large were also accused of forging the signature of one Mrs. Bridget Adeosun. The alleged forgery was reportedly committed in Ikeja, Lagos.

The police also alleged that the bank aided Masters Energy Oil and Gas Limited to open an account in the name of Mut-Hass Petroleum to perpetrate a fraud without applying its internal control procedures in the opening of the account.

The police had claimed that UBA allowed the said account to be opened sometime in 2011 at its regional office in Palmgrove, Lagos, in breach of the provisions of the Financial Institutions Act 2004.

The defendants were brought before a Chief Magistrate, Mrs. Kikelomo Ayeye, by a police prosecutor, ASP Henry Obiazi.

Obiazi told the court that the offences contravened sections 363 (3)(u), 408 and 409 of the Criminal Law of Lagos State, 2011. The charges read in part, “That you, Masters Energy Oil and Gas Limited, Uche Ogah, and others at large sometime in March 2011 at Ikeja, in the Lagos Magisterial District, did conspire among yourselves to wit: forgery. “That you, Masters Energy Oil and Gas Limited, Uche Ogah, and others at large, on the same date, time, place and in the aforementioned magisterial district, did forge the signature of one Mrs. Bridget Adeosun and a document known as MoU between Mut-Hass Petroleum Limited and Masters Energy Oil and Gas Limited, with an intent that it may be in any way used or acted upon as genuine.

“That you, Deji Somoye, United Bank for Africa and others still at large, sometime in August 2011, at UBA regional office, Palmgrove, in the Lagos Magisterial District, did knowing that Masters Energy Oil and Gas Limited design to commit an offence, failed to use all reasonable means to prevent the commission or the completion of the crime.” The defendants, however, pleaded not guilty to the charges and were admitted to bail in the sum of N200,000 each with one surety each in like sum.

The case was adjourned till August 4, 2016.

Tuesday, 28 June 2016

MOB TIES CABLE THIEVES TO TRANSFORMER PROTECTOR.

An angry mob tied two cable thieves to the fence of a transformer in a village at the Gwagwalada area council. The dramtatic incident occurred on Wednesday night after the two men were caught stealing cables from a tranformer which had just been installed on the outskirts of the village.

Unfortunately for the cable thieves, a security guard alerted passersby as a mob quickly gathered at the scene of the crime. The mob then decided to tie both men up at the scene of their crime before handing them to men of the Nigerian Security and Civil Defence Corps (NSCDC) at Gwagwalada.

Saturday, 11 June 2016

DISCOs ARE DISTRIBUTING DARKNESS TO NIGERIANS –Senator Sani blasts Babatunde Fashola


The Chairman, Senate Committee on Domestic Debt and Loans, Shehu Sani has expressed deep concern over the darkness being experienced across the country.

He stressed that no excuse by power stakeholders was cogent enough to substantive hardships that Nigerians were passing through.

Describing the drop in power supply as unacceptable and embarrassing, he called on President Muhammadu Buhari to rethink his way towards appointing a Minister who is not only an electrical engineer, but who has the knowledge of the industry. 

“We are in a state of paralysis, and there is urgent need to appoint a reputable electrical engineer to manage the affairs of power, independent of other responsibilities”, he said.

Sani added: “Distribution Companies (DISCOs) were now distributing darkness despite increment in electricity tariff; private power investors have failed the nation by moving manageable power epilepsy to a complete paralysis”.

He called for a review of defunct Power Holdings Company of Nigeria assets, noting that privatisation of power regime had brought untold hardship to Nigerians.

While suggesting for the setting up of energy task force responsible for immediate technical and financial intervention in generation, transmission and distribution, he urged government to invest in renewable and non renewable energy.

Friday, 10 June 2016

"INFORM POLICE 24HRS BEFORE HAVING SEX WITH A WOMAN OR YOU SPEND 5YRS IN JAIL", UK COURT TELLS MAN:


A man cleared of raping a woman has been ordered to give police 24 hours' notice before he has sex, reports BBC.
The man, in his 40s, who cannot be named for legal reasons, was acquitted in 2015 at a retrial after claiming the alleged victim had consented.
 An interim sexual risk order, initially imposed in December, has been extended by four (4) months in Northallerton,  North Yorkshire in the UK by a magistrate court.
It requires the man to disclose any planned sexual activity with a woman to the police or face up to five years in prison.
The order - which was drawn up by magistrates in Northallerton, North Yorkshire, and extended in York - reads: "You must disclose the details of any female including her name, address and date of birth.
"You must do this at least 24 hours prior to any sexual activity taking place."
It also contains restrictions on his use of the internet and mobile phone devices and requires him to inform officers of any change of address.
A further court hearing in May will decide whether the interim order should be made into a full order, which has a minimum duration of two years and can last indefinitely.
Sexual risk orders were introduced in England and Wales in March last year and can be applied to any individual who the police believe poses a risk of sexual harm, even if they have never been convicted of a crime.
They are civil orders imposed by magistrates at the request of police.