A teenager who went missing in 1998 was found alive over the weekend in the cellar of his alleged kidnapper’s home — just 300 feet from his family’s residence in Algeria.

Omar Bin Omran was rescued Sunday from the house of his longtime captor after he went missing on his way to vocational school some 26 years ago, according to Algerian media reports.

Omar, now 45 and with a beard, was saved from the basement below his neighbor’s hay-covered floor in some sort of sheep pen, a video showing the confused-looking detainee posted on social media shows

His alleged abductor, a 61-year-old man who lived alone, was taken into custody, according to the Djelfa Attorney General’s Office.

Investigators were reportedly tipped off by the victim’s family after the suspect’s brother suggested his sibling was involved in the kidnapping in a social media post while the pair were fighting over inheritance.

The National Gendarmerie then re-opened the investigation and searched the man’s home until they discovered a trapdoor hidden underneath hay on the floor.

They found Omar behind the door, the prosecutors said.

Omar was taken to a medical center for treatment — both physical and psychological, while the unnamed suspect will go to trial for the “heinous crime,” the attorney general’s office said.

The teen’s alleged abductor has also been accused of killing his dog — seen in photos with him the year he went missing, according to Algerian news reports.

 

The dog lingered around the suspect’s home for a whole month after Omar disappeared.

Shortly after, the dog’s body was left in front of Omar’s family’s home — and was believed to have been poisoned.

Sadly, Omar’s mother, who never stopped looking for her missing son — one of her nine children — died in 2013, his uncle told Algerian media.

While other family members believed he was killed during the country’s civil war during the 1990s and early 2000s, his mother felt in her heart that he was still alive.

Her last wish was; “Please, do not stop searching for Omar. I am sure he is still alive,” according to the reports.

The victim reportedly told family members that he would sometimes see them walking by through a window in his abductor’s home, but was unable to speak or call out to them — like he was under some kind of spell, according to Algerian news articles.

[NationalDaily]

Last modified on Thursday, 16 May 2024 09:06

The local equities market yesterday closed on a negative note as selloffs on Nigerian Exchange Group Plc and 29 others dragged the capitalisation lower by N74 billion.

The All Share Index (ASI) declined by 130.56 points, representing a decline of 0.13 per cent to close at 97,343.42 points. Accordingly, market capitalisation shed by N74 billion to close at N55.058 trillion.

The downturn was impacted by losses recorded in medium and large capitalised stocks, amongst which are; Nigerian Exchange Group, PZ Cussons Nigeria, UAC of Nigeria (UACN), Zenith Bank and United Bank for Africa (UBA).

As measured by market breadth, market sentiment was negative, as 30 stocks lost relative to 13 gainers. Custodian Investment recorded the highest price gain of 9.63 per cent to close at N10.25, per share. International Energy Insurance followed with a gain of 9.29 per cent to close at N1.53, while Sovereign Trust Insurance rose by 7.89 per cent to close at 41 kobo, per share.

NPF Micro Finance Bank went up by 7.10 per cent to close at N1.96, while Champion Breweries appreciated by 6.11 per cent to close at N3.30, per share.

 

On the other hand, FTN Cocoa Processors and PZ Cussons Nigeria led the losers’ chart by 10 per cent each to close at N1.44 and N20.25 respectively, while Sterling Financial Holdings Company followed with a decline of 9.89 per cent to close at N4.01, per share.

The Initiates Plc (TIP) depreciated by 9.78 per cent to close at N2.03 and UACN declined by 9.76 per cent to close at N13.40, per share.

The total volume traded declined by 16.0 per cent to 355.554 million units, valued at N7.143 billion, and exchanged in 7,333 deals. Transactions in the shares of Guaranty Trust Holding Company (GTCO) topped the activity chart with 71.872 million shares valued at N3.038 billion. Custodian Investment followed with 65.466 million shares worth N785.263 million, while Access Holdings traded 24.167 million shares valued at N416.727 million.

Tantalizers traded 21.305 million shares valued at N22.414 million, while Prestige Assurance sold 17.536 million shares worth N8.955 million.

[Leadership]

 

Nigerian Fuji singer, Adewale Ayuba, also known as Mr Johnson, has shared a moment when Duchess Meghan was spotted dancing to his chart-topping hit, “Koloba Koloba.”

Ayuba shared the video on his Instagram account on Monday with the caption, “Even HRH Meghan and Harry know how to Ta tan de ile, thank you for this moment. ”

In the video, Meghan was spotted rhythmically swaying her shoulders along to the music.

Prince Harry and his wife, Meghan Markle, landed in Nigeria last Friday as part of their promotion of the Invictus Games, the sporting event he founded for wounded military veterans.

Harry’s decision to visit Nigeria followed an invite by the military high command following the nation’s debut appearance at the 2023 Invictus Games, held in Düsseldorf, Germany.

The Invictus Games, founded by Prince Harry in 2014, is an international multi-sport event for wounded, injured, and sick military personnel that offers support, recovery pathways, and rehabilitation for the personnel, post-injury.

Their itinerary included attending a school event focused on mental health and meeting with wounded soldiers during their trip.

On day three of the visit, Prince Harry and Meghan took part in a basketball event with the Giants of Africa Foundation in Lagos, an organisation that helps youths through engagement in the sport.

[Punch]

Media

Last modified on Thursday, 16 May 2024 08:24

A chieftain of the All Progressives Congress in Rivers State, Senator Magnus Abe, on Wednesday, defended his decision to work with the Minister of the Federal Capital Territory, Nyesom Wike.

Earlier, Abe, who contested the state governorship election on the platform of the Social Democratic Party in 2023 after losing out to Tony Cole for the party’s ticket, announced his reconciliation with Wike.

He also insisted that anybody he wanted to work with, he must reconcile with the person.

He said, “I’m comfortable working with Wike. I did everything to convince Wike as governor then, to work for Tinubu in Rivers State.

“Wike is my friend. Today, he is working in the APC government as a minister. We must work together.”

Meanwhile, the former lawmaker, speaking on a Channels TV programme, Politics Today on Wednesday night defended his actions.

Asked whether Wike has now become a member of the APC, Abe said, “Wike is a minister in the APC government and not a member of the APC.


“He is a minister in our government and we cannot with all proper sense of responsibility as a party ignore the president’s appointee from our own state, who is a minister in our government. It makes no sense.

“So, he does not have to be a member of the APC, but he is an influential figure in the APC government and it is in the interest of the party to work with him and we will do so in the party and nation’s interest and to be able to give our full support to the president (Bola Tinubu).

“He was not a member of the APC when he led the G-5 to support Tinubu’s presidency bid.

“The president didn’t stop him then that he is not a member of the APC so you cannot support me.

“If the president didn’t say that, we too, will not say that he is not an APC member and so we will not work with him.

“We are following the footsteps of our leader, therefore, we’ll work with him.”

He, earlier, from the same interview also spoke on the APC structure in the state.


“The politics of Rivers State, like we all know, for the past few years have been convoluted within the All Progressives Congress, and we’ve looked at the situation with the recent changes in the party.

“And the appointment of the Chairman caretaker committee in the state is necessary,” Abe said.

Grammy-winning Nigerian singer, Damini Ogulu, aka Burna Boy, has opened up about why he is not ready to be a father yet.

According to the 32-year-old, he is not ready to have kids yet because he can’t give them the attention they deserve.

Burna Boy disclosed this while responding to a curious fan during a recent Instagram live session with fans. 

He explained that he would have children when he was settled or married.

He said, “Why haven’t I had kids yet? Bro, because I don’t want to have kids yet.

“Have you seen my mum the way she loves me? Have you seen my dad the way he loves me?I know I can’t give that to anyone right now with the life I’m living. So until I’m settled and I can be there for my children everyday, I’m not having no kid.

“I feel like my kids deserved better than I got. And I got both my mum and dad so you understand?”

On the allegations that he is impotent, Burna Boy said, “When I see the bants and the things people say [about me not being able to have kids], I said this is unimportant. Let’s assume that it is true that I couldn’t even have kids, you know that there’s something called IVF? But that is not even true.”

Senator Ali Ndume, the Chief Whip of the Senate, has said that he would not support death penalties for corrupt politicians who steal in millions or billions but for those who steal in trillions.

Ndume pointed out that corruption within Nigerian politics was primarily influenced by individuals.

He suggested that it may not necessitate severe consequences. 

The senator acknowledged that politicians engaged in corruption but also distributed resources to the public.

He said, “If you compare us, politicians, to all the corruption, it is very small. Our corruption is people-driven,” he told Channels Television.

“If you steal it, you will go and share it with the people. If you don’t, you are not coming back for four years. There is no reason for stealing.

“I have been to the National Assembly, I can’t say because we are on TV now and not telling the truth. 

“If the death penalty is supposed to be included in corruption, I will support it but you don’t go and kill someone that stole one million or one billion, no. But someone who steals one trillion of government money should be killed.”

The Nigerian Correctional Service NCoS has dismissed as untrue, online reports that it has established a hotel in Abuja, urging the public to be wary of misinformation.

Service Spokesman, Abubakar Umar, an Assistant Controller, disclosed this in a statement Wednesday in Abuja.

He said a malicious report making the rounds in some sections of the media has it that the Nigerian Correctional Service NCoS has just built a magnificent hotel.

According to him, the said report is not only misleading, but also targeted at misinforming the public.

He said for the avoidance of doubt, the said hotel was built in 2021 “And it is exclusively owned by the Correctional Cooperative Society COCOS), a Cooperative Society for all personnel of the Service which was formed in the year 1996”.


“The Cooperative Society operates a Microfinance Bank that provides financial soft-landing to both serving and retired personnel with the aim of improving their welfare through the provision of soft loans and other financial services.

“The Cooperative Society also serves as a fallback welfare system for retired and deceased personnel, while those who have been dismissed from Service get back their due entitlements upon disengagement. Presently, all such payments of entitlements to beneficiaries are up-to-date. The Cooperative Society has acquired housing estates, providing personnel, serving and retired, the opportunity to own personal houses without hassles.

“The said hotel has been opened for business since its establishment in 2021, and located along Bill Clinton Drive Airport Road, Abuja. In terms of funding and day-to-day administration, the hotel is owned by COCOS and managed as a corporate entity. The hotel has so far provided employment opportunities for many youths, and attracted commendations from dignitaries both within and outside.

“In his familiarization tour of the Service’s National Headquarters upon assumption of office, the Minister of Interior, Dr. Olubunmi Tunji-Ojo commended the Service for the initiative of establishing the hotel and enjoined other institutions to emulate the Nigerian Correctional Service in this regard.

“The Controller General of Corrections (CGC) hereby advises the general public to disregard the said report as it is meant to cause chaos where none exists. He enjoins the public to patronize the hotel as it provides excellent services at competitive prices.

After weeks of depreciation, the Naira recorded its first N61.38 appreciation against the Dollar at the official foreign exchange market.

FMDQ data showed that it appreciated by N1459.02 per Dollar on Wednesday compared to N1520.40 on Tuesday.

This represents a 4.2 per cent gain against the Dollar on Wednesday compared to the previous day.


Similarly, the Naira dropped to N1515 per Dollar in the parallel market section from N1520.

Recall that Bureau De Change operators blamed the depreciation of the Naira on insufficient foreign currency allocation by the Central Bank of Nigeria.

Since mid-April 2024, the Naira recorded a 28 per cent decline against the Dollar.

The development comes as Nigeria’s inflation surged to 33.69 per cent in April 2024.

Kogi, Kwara, and Ondo are the three states in Nigeria with the highest food prices amid worsening hardship.

This is according to the latest National Bureau of Statistics April’s Consumer Price Index and Inflation report.

The report ranked Kogi State with the highest food inflation rate at 48.62 per cent, followed by Kwara (46.73 per cent) and Ondo (45.87 per cent) on a year-on-year basis.


Meanwhile, Adamawa (33.61 per cent), Bauchi (33.85 per cent) and Nasarawa (34.03 per cent), recorded the slowest rise in food inflation.

However, on a Month-to-Month basis, Lagos, Edo, and Yobe are the states in Nigeria with the highest food prices.

Accordingly, Lagos (4.74 per cent), Edo (4.06 per cent), and Yobe (3.99 per cent) recorded the slowest rise in Food inflation.

This development comes as April’s headline and food inflation surged to 33.69 per cent and 40.53 per cent, respectively.

The World Bank has blacklisted 58 Nigerian companies and individuals for engaging in corrupt practices, a move which comes as part of the institution’s ongoing efforts to uphold integrity and transparency in its projects and operations.

Among those affected are 39 Nigerian companies previously debarred by the African Development Bank (AfDB), along with 19 individuals identified by the World Bank under the cross-debarment policy.

The total number of debarments now stands at 58, rendering the implicated entities ineligible to participate in projects and operations financed by institutions of the World Bank Group.

The list which the World Bank updates every three hours, contains a total of 1,210 companies and individuals globally at the time of this report.

A debarment renders firms/individuals ineligible to participate in projects and operations financed by institutions of the World Bank Group.

According to the World Bank report, the sanctions were imposed following an administrative process conducted by the Bank, which allowed the accused firms and individuals to respond to the allegations. This process adhered to the Bank’s procedures for sanctions proceedings and settlements in bank-financed projects.

“Through July 2007, this process was conducted in accordance with the Sanctions Committee Procedures adopted on August 2, 2001. The process is currently conducted in accordance with Bank Procedure: Sanctions Proceedings and Settlements in Bank Financed Projects. For more information on the two-tier sanctions process go to Sanctions,” it stated in the report.


Cross-debarment, as per the Agreement for Mutual Enforcement of Debarment Decisions, was enforced in accordance with the agreement dated 9 April 2010. This agreement has been made effective by several international financial institutions, including the World Bank, Asian Development Bank, European Bank for Reconstruction and Development, Inter-American Development Bank, and African Development Bank.

Cross-debarment in accordance with the Agreement for Mutual Enforcement of Debarment Decisions dated 9 April 2010, which, as of July 1, 2011, has been made effective by the World Bank, Asian Development Bank, European Bank for Reconstruction and Development, Inter-American Development Bank, and African Development Bank.”

In addition to debarment, the Bank reserves the right to apply other actions to firms and individuals found in violation of its policies, which may not necessarily result in debarment.

The prohibited conduct leading to debarment is defined in the applicable Procurement or Consultant Guidelines, as well as in the World Bank Procurement Regulations for Investment Project Financing Borrowers. The specific guidelines may vary depending on the nature of the project in question.

The World Bank’s actions underscore its commitment to combating corruption and promoting accountability in development projects, ensuring that funds are used effectively for the benefit of the people.

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