FEATURES
Court Sentences Canadian Lady To 11 Years Imprisonment For Importing Illicit Drugs Into Nigeria
AFOLABIA 41-year-old Canadian lady, Adrienne Munju, has been convicted and sentenced to 11 years imprisonment by a Federal High Court in Lagos.
The foreigner was convicted for importing 74 parcels of Canadian Loud, a strong strain of synthetic cannabis weighing 35.20 kilograms, into Nigeria.
The spokesperson of the National Drug Law Enforcement Agency (NDLEA), Femi Babafemi disclosed this via a statement on Wednesday.
Munju’s conviction followed her arraignment on two counts charge before Justice Dehinde Dipeolu of a Federal High Court, Lagos, by the NDLEA.
She was arrested at the terminal 1 of the Murtala Muhammed International Airport, MMIA Ikeja Lagos on Thursday 3rd October 2024, during the inward clearance of inbound passengers on KLM flight at the ‘D’ Arrival Hall of the airport.
In her statement after her arrest, she claimed she was recruited to traffic the illicit consignment through an online platform for 10,000 Canadian dollars upon successful delivery in Lagos.
According to Babfemi, “She said she took the offer because she needed the money to pay for her ongoing master’s degree program in Canada.
“Justice Dipeolu convicted and sentenced Muju to the term of imprisonment after she pleaded guilty to the charge preferred against her by NDLEA.
“Prosecuting Counsel, Barrister Abu Ibrahim, told the court that the illegal acts of the convict, contravened sections 20(1}(a) and 19 of the National Drug Law Enforcement Agency Act (NDLEA) Cap N30, Laws of the Federation of Nigeria, 2004 and punishable under Section 20(2)(a) of the same Act.
“Following her guilty plea, the prosecutor called his witness, Angela Mba, an Assistant Superintendent of Narcotics narrated how the Canadian was arrested with the illicit drugs, after which she tendered some exhibits, which include: two suitcases that were used in concealing the drugs, her Canadian passport, confessional statements, laboratory test analysis reports and samples of the illicit drug. All the tendered exhibits were admitted as Exhibits 1 to 13.
“After the conclusion of the review of the facts of the crime, the prosecutor urged the court to convict the Canadian as charged based on the evidence placed before the court, the exhibits tendered and the guilty plea of the defendant. As a result, Justice Dipeolu after reviewing the facts of the case as submitted by Abu Ibrahim convicted the defendant as charged.
“After listening to the allocutus by the defendant’s counsel, Justice Dipeolu sentenced Adrienne Munju to six years imprisonment on count one and five years on count two.
“The judge however gave the convict an option of N50 million fine on each of the two counts, bringing the total fine to N100 million.”
Chairman of Nigerian Insurers Association, NIA, Mr. Kunle Ahmed, has said that the insurance industry has a role to play in de-risking vital sectors, driving financial inclusion, and creating a resilient economic framework as the government embarks on various economic reforms.
He stated: “With the government outlining ambitious priorities for socio-economic transformation, there is an increasing need for industries that can support this vision. One such industry is insurance—an often overlooked but critical player in economic development. “As we move forward, the role of insurance in de-risking vital sectors, driving financial inclusion, and creating a resilient economic framework cannot be overstated.”
According to him, globally, insurance has proven to be a powerful tool for stabilizing economies, protecting investments, and providing the financial resilience that allows societies to thrive. But he lamented that, “in Nigeria, depending on your source of data, insurance penetration remains strikingly low. We currently lag far behind African and global averages despite being one of the continent’s largest economies.”
He listed his strategic focus as the new NIA Chairman to include: customer-centricity, digital transformation, commitment to excellence, advocacy and collaboration, as well as education and awareness.
On customer-centricity, Ahmed said: “Enhancing customer satisfaction will be our priority. This will involve driving programs, initiatives, and policies to simplify the insurance onboarding process, improve claims handling, and ensure transparency in our operations.”
On digital transformation, he said: “Our sector has historically been slow to adopt digital solutions. Moving forward, embracing digital innovation will be essential.”
On education and awareness, he said: “Raising awareness about the importance of insurance is vital not just for our industry growth but for our economic development. We will expand our outreach initiatives, including educational programs in schools and partnerships with your esteemed media organization and institutions to disseminate information about insurance products and their benefits”.
[Vanguard]
‘It’s to enhance regional development coordination’ — minister speaks on scrapping of Niger Delta ministry
AFOLABIAbubakar Momoh, the former minister of Niger Delta development, says the ministry’s scrapping is to enhance regional development coordination.
On Wednesday, the federal executive council (FEC) scrapped the ministry of Niger Delta and the ministry of sports development.
Bayo Onanuga, special adviser on information and strategy, said the council took the decision during its meeting presided over by President Bola Tinubu in Abuja.
A newly established regional development ministry will oversee all the regional development commissions.
The commissions include the Niger Delta Development Commission (NDDC), North West Development Commission (NWDC), South West Development Commission (SWDC), and North East Development Commission (NEDC).
Tinubu retained Momoh as the minister in charge of the ministry for regional development.
Speaking with State House correspondents after the meeting, Momoh assured that the adjustment was “purely administrative,” which did not diminish the focus on Niger Delta development.
He said the restructuring was done to establish a centralised oversight system for the increasing regional development commissions nationwide.
“For our people in the Niger Delta region, I would like them to know that this has not removed anything from them,” Momoh said.
“The Niger Delta Development Commission (NDDC) is still very much in place under the ministry of regional Development, and all other such agencies remain intact.
“All the structures and everything about the Niger Delta remain. It’s just a change of nomenclature and, of course, expansion of activities of the ministry.”
Momoh lauded Tinubu’s vision behind the restructuring, describing it as a “forward-thinking move” to enhance regional development coordination across the country.
Wale Edun, the minister of finance and coordinating minister of the economy, says the Nigerian National Petroleum Company (NNPC) Limited has commenced the process of paying the $6 billion debt owed to suppliers.
Edun spoke on Wednesday during an engagement with investors in Washington DC.
The global investors’ forum was held on the sidelines of the 2024 annual meetings of the International Monetary Fund (IMF) and the World Bank.
Addressing a question on the supply arrears the NNPC owes to refined petrol suppliers, Edun said the national oil firm would soon start clearing the debt, making clarification on the petrol subsidy removal announced earlier in the year.
“In terms of NNPC and their situation, the reality is that, although the subsidy on May 29, 2023, was removed and was no longer on the balance sheet of the government, it did rear its head, not in terms of petrol subsidy, but foreign exchange subsidy, which was borne elsewhere, and borne mainly by NNPC,” the minister said.
“I think what I can say about their own situation is with where they are now, they have a route to paying down their payables and I’m sure that in no time at all, they will start. From what I understand, they have even commenced the process of paying down their payables.”
On September 1, the NNPC had admitted to owing the sum of $6 billion to suppliers of petrol, also known as premium motor spirit (PMS).
Speaking on the issue, Olufemi Soneye, the company’s chief corporate communications officer, said the NNPC is facing a serious financial strain due to the petrol supply costs — a development that is affecting the company’s ability to sustain PMS supply.
[TheCable]
…As OBJ asks LND to look beyond Northern Nigeria
ABUJA—Former President Olusegun Obasanjo and ex-Chief of Army Staff, Gen. T. Y. Danjuma (retd), have decried the dwindling quality and standard of leadership in Nigeria.
The two statesmen spoke when members of the League of Northern Democrats, LND, paid them courtesy visits in Abeokuta and Lagos respectively.
While Obasanjo promised to be the patron of the group, asking it to expand its operations to include the rest of Nigeria, Danjuma challenged those currently in public office to look beyond themselves and take immediate steps to stem the tide of poor leadership to leave behind a nation for future generations to inherit.
Leader of the group and former governor of Kano State, Ibrahim Shekarau, had informed Obasanjo that the group was with him to tap from his wealth of experience in governance and leadership.
Obasanjo said: “Anytime you people metamorphose into a League of Nigerian Democrats, come back to me and I will be your patron.
“I share your concern of the situation in Nigeria, but if you’re a national league, I will join you and even be your patron, if I cannot be active because I’m getting old.”
The former president noted that with the calibre of membership of the delegation, he was confident something good would come out of it.
He expressed gratitude to Shekarau for his commitment, while commending the group for taking the trouble to come to Abeokuta, in spite of the hash economic situation in the country. He also commended Dr. Umar Ardo for the foresight in convening the group.
On his part, General Danjuma lamented that the quality of political leadership in Nigeria was “going down and down and down.”
Danjuma, who noted that the situation was “worse in the north,’, urged leaders to sit up and stem the worrisome tide.
The LND, which disclosed these in a statement in Abuja, yesterday, quoted Danjuma as advising members of the league to pursue their vision with measured doggedness because they were up against a section of “a corrupt political class with plenty of power and money” that would be ready to fight back to continue being in power.
Leader of the LND delegation and former Kano State governor, Sen Ibrahim Shekarau, while speaking during the visit, explained that the visit was to brief Danjuma on the vision and mission of the league, which was principally to influence the emergence of credible leadership, especially in the north.
This, the LND said, could be achieved by forging unity among the various northern interest groups, facilitate a credible leadership recruitment process across all offices and make the north a bloc of first influence in Nigeria.
Shekarau had lamented that, right now, the north was immersed in insecurity and backwardness in education, economy and development in generally.
He said the LND was intensifying contacts and consultations with eminent statesmen to tap into their vast knowledge on politics and leadership which were crucial to society.
Responding to this, Danjuma said while age was no longer on his side, members of the league should be commended for their initiative and commitment, promising to offer his support in anyway he could.
The general, became emotional when Muktari, the son of late Prime Minister Abubakar Tafawa Balewa, recounted some events of January 1966, and described the late Sir Balewa as a truly great man.
In his vote of thanks, the Secretary of the group, Emmanuel Jime, thank God for the life of President Obasanjo, whom he described as the most “nationalistic and detribalized Nigerian alive.”
Recall that the LND was convened in July and since then, had been engaged in several activities, making consultations and trying to define itself.
It gained good grounds with the former Vice President Namadi Sambo, General Martin Luther Agwai, General AbdulRahman Dambazau, General Alwali Kazir, and a host of other critical northern leaders. And its membership has been on the increase.
Gives Directive On Merged Ministries
The Secretary to the Government of the Federation (SGF), George Akume, has announced that his office is actively collaborating with the Head of Civil Service of the Federation to carry out the presidential directive on the merger and winding down of several ministries.
In a statement released Wednesday night in Abuja, Akume confirmed that directives have been issued to facilitate the implementation of the President’s approval.
He stressed that all handover and takeover processes must be completed by Wednesday, October 30, 2024.
Outgoing ministers without successors should transfer their duties to the respective Permanent Secretaries.
Akume further explained that the merger of the Ministry of Tourism with the Ministry of Arts, Culture, and Creative Economy, along with the winding down of the former Ministry of Sports Development, is being overseen by both the SGF’s office and the Head of Civil Service.
He also highlighted that the renaming and expanded mandate of the former Ministry of Niger Delta Development has taken effect immediately. Relevant supervising authorities and commissions under the new ministry have been notified.
Permanent Secretaries have also been instructed to ensure a smooth transition and to submit one copy of the handover notes to the SGF for record-keeping.
President Bola Ahmed Tinubu had on Wednesday sacked five Minister and appointed seven others.
Tinubu reassigned 10 Ministers to new portfolio while also merging restructuring some Ministries and scrapping the Ministry of Sports Development.
*Appoints Oduwole, Yilwatda, Dingyadi, Odumegwu-Ojukwu, Maiha, Ata, Ahmad, redeploys 10
*Niger Delta ministry merged in new regional development ministry, tourism now infused into art, culture and creative economy
*FG issues Oct 30 ultimatum to affected ministers to complete handover exercise
Deji Elumoye, Olawale Ajimotokan, Sunday Aborisade in Abuja and Ahmad Sorondinki in Kano
Three weeks after hinting at a possible cabinet reshuffle, and 17 months into his administration, President Bola Tinubu, yesterday, made good his promise as he discharged five ministers, appointed seven new ones, and reassigned 10 of the cabinet members.
The discharged ministers were Uju-Ken Ohanenye (Women Affairs), Lola Ade-John (Tourism), Prof Tahir Mamman (Education), Abdullahi Muhammad Gwarzo (State, Housing and Urban Development), and Dr. Jamila Bio Ibrahim (Youth Development).
Special Adviser to the President on Information and Strategy, Bayo Onanuga, who announced the development to newsmen at the State House, Abuja, after the Federal Executive Council (FEC) meeting, later clarified that the ministers were not sacked but discharged.
Speaking on a national television, he explained that the term “sacked” did not accurately describe their departure, insisting that the “ministers were not sacked; they were discharged.”
Equally lucky were Idi Mukhtar Maiha (Livestock Development); Rt. Hon. Yusuf Abdullahi Ata (State, Housing and Urban Development) and Suwaiba Said Ahmad (State, Education).
Onanuga listed the 10 redeployed ministers to include Hon. Dr. Yusuf Tanko Sununu former Minister of State, Education, now Minister of State Humanitarian Affairs and Poverty Reduction; Dr. Morufu Olatunji Alausa, Minister of State for Health, now Minister of Education; Bello Muhammad Goronyo Minister of State, Water Resources and Sanitation, now Minister of State Works.
Also on this list were Hon. Abubakar Eshiokpekha Momoh, Minister of Niger Delta Development now Minister of Regional Development; Uba Maigari Ahmadu Minister of State Steel Development, now Minister of State Regional Development; Dr. Doris Uzoka-Anite, Minister of Industry, Trade and Investment now Minister of State Finance; Senator John Owan Enoh, Minister of Sports Development now Minister of State Trade and Investment (Industry).
Still, among those reassigned were Imaan Sulaiman-Ibrahim, Minister of State, Police Affairs now Minister of Women Affairs; Ayodele Olawande, Minister of State for Youth Development now Minister for Youth Development and Dr. Salako Iziaq Adekunle Adeboye, Minister of State, Environment now Minister of State, Health.
The presidential aide further explained that Tinubu has approved the immediate implementation of eight far-reaching actions to reinvigorate the administration’s capacity for optimal efficiency pursuant of his commitment to deliver on his promises to Nigerians.
According to him, the eight actions included “The renaming of the Ministry of Nigeria Delta Development to Ministry of Regional Development to oversee the activities of all the Regional Development Commissions.
“The immediate winding up of the Ministry of Sports Development and the transfer of its functions to the National Sports Commission in order to develop a vibrant sports economy.
“The merger of the Federal Ministry of Tourism and the Federal Ministry of Arts and Culture to become Federal Ministry of Art, Culture, Tourism and the Creative Economy; the re-assignment of 10 ministers to new ministerial portfolios and the discharge of five Ministers.
“The nomination of seven (7) new ministers for onward transmission to Senate for confirmation. The appointment of Shehu Dikko as Chairman of the National Sports Commission.
“The appointment of Sunday Akin Dare as Special Adviser to the President on Public Communication and Orientation working from the Ministry of Information and National Orientation.”
The President, according to Onanuga, thanked the outgoing members of the Federal Executive Council for their service to the nation while wishing them the best in their future endeavours.
Tinubu added that all appointees must understand the administration’s eagerness and determination to set Nigeria on the path to irreversible growth and invest the best of their abilities into the actualisation of the government’s priorities.
Briefing newsmen earlier, after the FEC meeting, Minister of Information and National Orientation, Mohammed Idris, explained that the Ministry of Regional Development would take over the Niger Delta Development Commission, NDDC, North East Development Commission, South East Development Commission and other regional development commissions in the country.
He further said the president also directed that the sports commission would henceforth handle all sports activities and programmes initially handled by the Ministry of Sports Development.
According to him, with the scrapping of the Ministry of Tourism, all of its activities have been brought to the Ministry of Arts, Culture, Tourism and Creative Economy.
Providing further clarity, the Minister of the newly created Ministry of Regional Development, Abubakar Momoh, who was in charge of the scrapped Ministry of Niger Delta Development, said the NDDC was still in place.
The minister also explained that the Ministry of Niger Delta Development was renamed and given a greater responsibility under the Ministry of Regional Development.
He explained that the new ministry was created to supervise all the agencies under the Ministry of Niger Delta Development and other regional commissions in the country.
He advised that nobody from the Niger Delta region should feel that the Ministry of Niger Delta has been scrapped, and it’s no more in existence.
“All the structures and everything about the Niger Delta remains. It’s just a change of nomenclature and, of course, expansion of activities of the ministry. So, I think it’s something worth to be commended,” he said.
Meanwhile, the federal government has ordered the five ministers that were discharged and the 10 that were reassigned to new portfolios to finalise the handing over and taking over processes on or before October 30, 2024.
Secretary to the Government of the Federation, Senator George Akume, issued the clarification yesterday, adding that in the case of ministries without ministers to take-over, the out-going ministers should hand over to the substantive permanent secretaries.
The statement also said the processes for the seamless merger of the Ministry of Tourism with Ministry of Arts Culture and Creative Economy as well as the winding down of the defunct Ministry of Sports Development were being coordinated jointly by the Offices of the Secretary to the Government of the Federation and the Head of Civil Service of the Federation.
Akume added that the renaming and the expansion of mandate of the defunct Ministry of Niger Delta Development would take immediate effect.
Also, respective Permanent Secretaries were directed to ensure seamless implementation and also forward one copy each of the hand-over notes to the SGF for the record.
Kano’s Nominee for Housing, Abdullahi Yusuf Ata, Pledges to Serve with Integrity
The newly nominated minister from Kano State, Abdullahi Yusuf Ata, has pledged to serve the country with diligence and Integrity.
Speaking with party supporters, who thronged his home at Fagge Local Government Area, in the metropolis, Ata vowed not to betray the trust bestowed on him by President Bola Ahmed Tinubu in the discharge of his official duties.
He also promised to work round the clock to ensure the successes of Tinubu’s administration and that of the All Progressives Congress (APC) to deliver on the mandate of his ministry.
“As an Honourable Minister of Nigeria, I will not betray the trust bestowed on me by Mr. President, and I will work round the clock with my management team to deliver on the mandate of the ministry,” he said.
[Thisday]
Niger Delta Ministry: Don’t Use South-South Money To Develop Other Regions – Edwin Clark Tells Tinubu
AFOLABIProminent South-South leader, Edwin Clark, has countered the decision of President Bola Tinubu to scrap the Ministry of Niger Delta Affairs.
The former federal commissioner for information argued that there is no basis for the President to scrap the Ministry, alleging that the plan of the Nigerian leader is to use the money from the region to develop other regions of the country.
Naija News recalls President Tinubu, on Wednesday, scrapped the Niger Delta Ministry and the Ministry of Sports Development.
Tinubu said a Ministry of Regional Development would oversee all the regional development commissions, such as the Niger Delta Development Commission, North West Development Commission, South West Development Commission, and North East Development Commission.
The National Sports Commission will take over the role of the Ministry of Sports.
However, Clark, who is the leader of the Pan Niger Delta Forum (PANDEF), saidPresident Tinubu has no good plans for the people of Niger Delta.
He argued that President Umaru Yar’Adua created the Ministry for the development of the region and to curb insecurity in the region; therefore, President Tinubu has no basis for scrapping the Ministry.
He said, “The news came to me as a surprise. There’s no basis for scrapping it now, Yar’Adua had a poised for creating it, to develop the Niger Delta Region and Nigeria, to bring peace to the region.
“What I have noted so far is that there is no basis for scrapping it. Yar’Adua had a clear purpose to address the security situation in the Niger Delta, which led to the creation of the Ministry to focus on the development of that area. We have been working for some time now, managing our commissions.
“It is not about that; it is the administrative structure created by the President. Unfortunately, it was misunderstood by Nigerians due to its complexity.
“Why would you take over a Ministry without any development plans, funding, or concrete actions? Even the East-West Road, which was meant to be under the Ministry of Niger Delta Affairs, is not being addressed; it has been handed back to the Ministry of Works.
“What I am saying is that the federal government lacks special arrangements for this region. When I saw that every region was establishing its development centres or Commissions, I anticipated these issues would arise.
“Are there going to be multiple ministries within one region? One would expect that 30 or 40 people would have walked out to share the details.
“I remember during the national conference in 2014, it was decided to increase the revenue allocation to the regions from 13% to 25%. Ultimately, it was settled at 18%, but we disagreed, which led to further discussions about a separate fund to support development post-Boko Haram.
“There was also an agreement that 5% of the federation account would be allocated annually to support regions affected by the conflict. Unfortunately, this has not been implemented.
“We also agreed that 5% of the revenue account should be dedicated to developing mineral resources and other industries to enhance local capacity. I was pleased with these discussions, but they haven’t translated into action, which is disturbing.
“The government needs to consult with the leaders of the Niger Delta and the South-South region. What we ate saying is that these unresolved issues cannot be overlooked by the government.”
Clark further said the decision to scrap the Ministry should not be a unilateral decision and the government must explain the reason for its action to the people.
“The government must explain why they decided to halt critical legislation. This raises concerns about how the benefits of regional developments are being managed. Many people feel disconnected from the process, and it seems resources are being diverted from local needs.
“We need to ensure that regional development isn’t scrapped without a clear plan for its replacement. We will not allow it to be scrapped, the government wants to use South South money to develop other Development Commissions.
“In a democratic system, the government should be created for the people, by the people, and for their benefit. It shouldn’t operate as a one-man show,” Clark added.
Apostle Johnson Suleman, Senior Pastor and General Overseer of Omega Fire Ministries International, has responded to Nollywood actress Halima Abubakar’s public apology for her defamatory comments, asserting that forgiveness does not equate to memory loss.
In a terse statement on X.com on Wednesday, Suleman said, “You all stop calling my phone. Forgiveness is not memory loss! Status quo maintained!”
The statement comes after Abubakar issued a public apology to Suleman for her defamatory remarks against him.
In a statement shared on her Instagram account, Abubakar admitted that her past statements were “false and hurtful.”
The actress expressed regret for the pain she inflicted with the allegations while pleading for forgiveness from Apostle Suleman and his family.
She stated that her actions were due to poor judgment at the time, adding that the apology was motivated by “deep reflection and conscience.”
Abubakar had alleged on social media in 2022 that she had a romantic relationship with Suleman, prompting threats of legal action from the cleric over “defamatory statements.”
The controversy intensified in 2023 when the actress claimed she had been pregnant three times with Suleman’s child.
A Federal Capital Territory High Court had in April ordered Abubakar to pay N10 million in damages for publishing derogatory comments against Suleman.
The court also restrained her from further publishing defamatory statements against the cleric.
The judge also ordered Abubakar to publish a retraction of her defamatory statements on her Instagram handle #Halimabubakar.
On Tuesday, Ola Olukoyede, the chairperson of the Economic and Financial Crimes Commission (EFCC), recounted an encounter with a 17-year-old cybercrime suspect.
Speaking at the launch of the 24/7 Cybercrime Rapid Response Desk in Abuja, Mr Olukoyede said the boy, whose name was not given, demonstrated surprising computer proficiency that left him shocked.
He said the boy’s case underscores the need for societal change towards tackling the underlying motivations behind cybercriminal activities.
Mr Olukyede said he decided to engage the boy, a first-year university student studying history, to let him “demonstrate his acumen, his proficiency.”
“And I gave him my laptop. ‘How do you do this, young man?’ By the way, he is not even studying science. He is studying history. But you need to see the proficiency.
“He opened my system and without giving him my password, he decoded my system.
“And I was there, shocked. I mean, this is not funny. I mean, that shows the skills that we have in Nigeria.”
He continued, “And before you could say that, he said, ‘Sir, which bank do you use?’ I said, ‘No, I’m not going to tell you that. I don’t want to demonstrate that in my office.’ But he was ready to probably go into my account.”
Mr Olukoyede said he sought to know the motivation driving the boy’s cybercrime activities.
“’Why do you do this?’ And he told me because there is no alternative. He had to pay his school fees – a 100-year-level student,” he said.
He said from his encounter with the boy, he realised that “This job can’t be left to EFCC law. It’s a collective responsibility,” stressing the need to redirect such talents.
“We must change the narrative—from criminality to productivity and from cybercrime to cyberwealth,” he said.
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A Federal High Court sitting in Abuja on Wednesday, October 23, ordered the release of Tigran Gambaryan, the detained Binance Holdings Limited’s executive, from Kuje Correctional Centre.
It was gathered that the presiding judge, Justice Emeka Nwite gave the order after the Economic and Financial Crimes Commission (EFCC)’s counsel, R. U. Adagba, informed the court of the decision of the Federal Government to withdraw the charge against Gambaryan.
Adagba, who held the brief of Ekele Iheanacho, SAN, premised the decision on Gambaryan’s deteriorating health and the diplomatic intervention.
Gambaryan was the 2nd defendant in the charge preferred against the cryptocurrency platform (1st defendant) by the EFCC.
The EFCC had, on April 8, arraigned Binance Holdings Ltd and Gambaryan before Justice Emeka Nwite of a Federal High Court sitting in Abuja.
They were arraigned on a 5-count charge bordering on alleged tax evasion, currency speculation and money laundering to the tune of $34,400,000 (Thirty-Four Million, Four Hundred Thousand United States Dollars).
Upon resumed hearing, EFCC’s counsel, Adagba, told Justice Nwite of the Federal Government’s decision to withdraw the charge against the detained employee of Binance because of his deteriorating health.
Adagba recalled that the case could not go on at the last adjourned date as a result of the health condition of the 2nd defendant which, she said, the government had managed effectively.
She, however, said that recently, the report they received from the NCoS, through the Office of the National Security Adviser (NSA), indicated that Gambaryan’s health had deteriorated to the extent that he hardly walked without the assistance of a wheelchair.
Adagba said besides his ill health, Gambaryan needs to undergo surgery which would take some time and may impact the pace of the trial.
He stated further that the government had reviewed the case and had taken cognizance that Gambaryan, a U. S. citizen, was a mere employer of Binance Holdings Ltd, “whose status in the matter has no impact.”
The lawyer equally told the court that the prosecution had taken into consideration some critical diplomatic and international meetings by the Federal Government, hence, the need to discontinue the charge against the 2nd defendant (Gambaryan).
“I urged the honourable court to discharge the 2nd defendant accordingly in line with Section 108(1), (2)(a) of the Administration of Criminal Justice Act (ACJA), 2015,” she prayed.
Lawyer to Binance, Olujoke Aliu, and Gambaryan’s counsel, Mark Mordi, SAN, did not oppose the application.
However, Mordi, who told the court that since one of the reasons for withdrawal of the case was that Gambaryan was just an employee of Binance, urged the court to make an order for his client’s acquittal and not a discharge.
Delivering the ruling, Justice Nwite granted Adagba’s application.
“It is hereby ordered as follows:
“That the application of the prosecution’s counsel is granted as prayed having reviewed the circumstances of the charge.
“That this charge is hereby struck out against the 2nd defendant (Gambaryan).
“That the 2nd defendant is hereby discharged.
“That an order of this honourable court is hereby made for the immediate release of the 2nd defendant from Nigerian Correctional Service, Kuje,” the judge ruled.
Chasing Beggars From Abuja Is Hiding Our Sickness Instead Of Curing It – Shehu Sani Warns FCT Minister Wike
AFOLABIShehu Sani, the social activist and former member of the Nigerian Senate, has condemned the plan by the Minister of the Federal Capital Territory, Nyesom Wike to chase away beggars from the FCT in Abuja.
Sani noted this in a post on his X handle on Wednesday.
“Chasing out Beggars from Abuja is like hiding our sickness instead of curing it Or hiding our laundry instead of cleaning it.
"The Abuja beggars don’t tarnish our image,they represent our hidden images that we don’t want the world to see.” he posted.
Recall that the Minister of the Federal Capital Territory (FCT), Nyesom Wike, had given street beggars in Abuja five days to vacate the city.
The ultimatum, announced on Tuesday, during the launch of a new access road project in Katampe District, aimed to address what Wike described as a national embarrassment.
Speaking at the ceremony for the construction of a road connecting Ring Road 1 to the Judges’ Quarters, Wike emphasised the urgency of removing beggars from the capital's streets.
He had declared that President Bola Tinubu’s government would take decisive action against those who remain after the Sunday deadline.
"Allowing beggars in every nook and cranny of the territory is an embarrassment to the government and the country," Wike said, urging families to take responsibility for their relatives who rely on street begging.
He had added that the FCT Administration was preparing to enforce the new directive starting from next week.
He said, "Yes, we are committed to improving infrastructure in Abuja, and security is a key focus. We cannot permit the presence of beggars throughout the area, as some may be involved in criminal activities or act as informants, which is particularly embarrassing for our territory and for visitors.
"We urge their families and relatives to assist in taking them off the streets. They have until Sunday to vacate the area," he further stated.
Pastor Umo Eno, the Governor of Akwa Ibom State, has announced N80,000 as the new minimum wage for civil servants employed by the state government.
In a statement issued by the Commissioner for Information, Ini Ememobong on Wednesday, the governor ordered for constitution of an implementation committee which would within one month come up with a report on how the wage increase will be executed.
The Head of the state Civil Service, Mr Effiong Essien will chair the committee while 15 senior government officials would serve as members.
The statement listed members of the committee to include: Chairman, State Civil Service Commission, Chairman, Local Government Service Commission, Permanent Secretary, Ministry of Finance, Permanent Secretary, Department of Establishments, Permanent Secretary, Ministry of Labour and Manpower Planning, Permanent Secretary/Solicitor General, Ministry of Justice, Permanent Secretary/Accountant General, Permanent Secretary, Local Government Service Commission.
Others include Permanent Secretary, Office of the Head of Civil Service, Director of Budget, State Chairman, Joint Public Service Negotiating Council, Secretary, Joint Public Sector Negotiating Council, State Chairperson, Nigeria Labour Congress, Akwa Ibom State, State Chairman, Trade Union Congress, State President, Nigeria Union of Local Government Employees (NULGE).
The statement said, “The Governor of Akwa Ibom State, His Excellency, Pastor Umo Eno, has announced that the State Government will pay a new minimum wage of N80,000 for all state government employees.
“To ensure a smooth rollout of this policy, the governor has also constituted an implementation committee, which has been given one month to deliver its report on how the wage increase will be executed.”
Despite the decline of the Naira, the International Monetary Fund (IMF) has noted that Nigeria's local currency is showing signs of stabilization under the leadership of President Bola Tinubu.
Currently at the parallel market, the dollar exchanges at over N1600.
This development according to the IMF was attributed to in interest rate hikes.
This was stated during the launch of its global financial stability report in Washington DC on Tuesday.
According to the IMF, the stability can be linked to the currency’s stability to the clearing of the foreign exchange backlog by the Central Bank of Nigeria (CBN).
“… in Nigeria, rate hikes and the clearing of overdue domestic central bank foreign exchange obligations have helped the naira show more signs of stability,” the IMF said.
It would be recalled that the CBN had announced the successful settlement of all verified outstanding foreign exchange (FX) obligations.
The Central Bank of Nigeria under Governor Olayemi Cardoso has continued to hike interest rates.
In August 2024, it was noted that the lending rate was increased to 31.75 percent by the Central Bank of Nigeria.
The apex bank further revealed that commercial and merchant banks would earn a 19 percent interest rate on deposits above N3 billion in its Standing Deposit Facility (SDF).
Devaluation of naira has been blamed in part for economic issues faced by Nigerians, including growing inflation for the import dependent economy.