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Alleged Drug Trafficking: Court Rejects DCP Abba Kyari’s Bail Application

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A Federal High Court, Abuja, on Monday, refused to grant an application for bail filed by the suspended DCP Abba Kyari. Justice Inyang Ekwo, who declined to grant the plea in a motion ex-parte brought by Kyari’s Lawyer, C. O. Ikena, ordered that the respondent, National Drug Law Enforcement Agency (NDLEA), be put on notice.

He, thereafter, adjourned the matter until April 24 for the motion to be taken.
 When the matter was called earlier, Ikena informed that she had an ex-parte motion marked: FHC/ANJ/CS/182/22 before the court.
 She said the motion, dated Feb. 16 and filed Feb. 17, sought a bail for her client on health ground. “I filed a motion to admit the applicant to a bail on health ground pending the determination of the substantive matter,” she said.
 Justice Ekwo then asked: “Where is the applicant?”“He is at the NDLEA’s custody my lord,” she responded.The judge further asked the lawyer what the substantive matter was all about and she said: “The substantive matter is about infringement on his fundamental rights and false allegations.”Ekwo told the lawyer that going by the averments in the application, the respondent (NDLEA) would have to be put on notice and a date fixed to hear the motion.He said this was necessary because the averment in Kyari’s application would need the respondent’s response.“But my lord, his (Kyari’s) condition in the custody is critical,” she said.Justice Ekwo, however, insisted that the NDLEA be put on notice.The judge adjourned the matter until April 24 for the motion to be taken.He also ordered the respondent to file their processes in response to Kyari’s application before the next adjourned date. 

The News Agency of Nigeria (NAN) reports that though the Federal Government is the sole respondent listed in Kyari’s motion, the NDLEA is the agency being sued.  In the affidavit of urgency deposed to by Kyari’s younger brother, Muhammad Nur Usman, who resides in Abuja, he said the suspended DCP “is suffering from diabetes; high blood pressure and severe heart disease that may cause death.” Usman, who said Kyari was receiving medical treatment on daily basis due to seriousness of the illness, said that since Feb. 12, his elder brother had not access any medical treatment which, he said, was very dangerous to his health.  He said a medical report from the National Hospital, Abuja, was attached to the motion and marked as “Exhibit A.”Usman said: “That failure of the applicant to check his heart, high blood pressure will result in severe health problems or may even lead to heart failure and death. “That due to the applicant being a diabetic patient and on medical diet, he does not eat outside his home and this is causing a very big hardship on the applicant that is in NDLEA’s custody.”He averred that Kyari’s health cannot be managed while in NDLEA’s custody due to the seriousness of his illness.He prayed the court to admit him to bail in the interest of justice considering the health challenge.

Usman, who assured that the former head of the Inspector-General (I-G) of Police Intelligence Response Team (IRT) would not jump bail if the request was granted, said Kyari had a reliable surety to stand for him. NAN reports that the NDLEA had, on Feb. 14, declared Kyari wanted over alleged links with an international drug cartel.Femi Babafemi, spokesperson of the NDLEA, had announced the development, in a press briefing.

Babafemi said the anti-drug agency decided to declare Kyari wanted because he did not honour the invitation sent to him.NAN also reports that the Nigeria Police Force had, on same day (Feb. 14), arrested DCP Kyari and four other police officers for their involvement in an alleged case of criminal conspiracy, discreditable, unethical, and unprofessional conduct.Other allegations levelled against them include official corruption and tampering with exhibits in a case of illicit drug trafficking involving a transnational drug cartel.

The arrest of Kyari and others came shortly after the NDLEA declared him wanted.The police then handed Kyari and others involved in the alleged offences to the NDLEA. The acting Police Spokesman, Muyiwa Adejobi, had said that their arrest was in line with standard administrative procedure of the Force.He said the I-G ordered a high-level, discreet, and in-house investigation into the allegations.

Adejobi said interim investigations report showed that two international drug couriers identified as Chibunna Patrick Umeibe and Emeka Alphonsus, both males, were arrested at Akanu Ibiam International Airport, Enugu on Jan. 19 upon their arrival from Addis Ababa aboard an Ethiopian Airlines flight ET917.“The arrest led to the recovery of a substantial quantity of powdery substance suspected to be cocaine from the two narcotic couriers.

The operation, which was intelligence-driven, was undertaken by a unit of the police IRT.“Although the case and the two suspects were subsequently transferred to the NDLEA on Jan. 25, the findings of the in-house investigation ordered by the I-G, established reasonable grounds for strong suspicion that the IRT officers involved in the operation could have been involved in some unprofessional dealings as well as official corruption.”There action also compromised ethical standards in their dealings with the suspects and exhibits recovered.“On the strength of the findings of the in-house Police Investigation Panel, the Inspector-General of Police has ordered the immediate arrest and transfer of all the indicted police officers to the NDLEA authorities for conclusive investigation, while appropriate disciplinary actions are also being initiated against them by the Force leadership.“The concerned officers include DCP Abba Kyari, ACP Sunday Ubuah, ASP Bawa James, ASP John Umoru (at large), Inspector Simon Agrigba and John Nuhu.

They have all been, accordingly, handed over today, February 14, 2022 to the NDLEA authorities.“In so doing, the Inspector General of Police has also formally requested that the Chairman of NDLEA should ensure the identification, arrest and investigation of the agency’s officers who have also been found to be colluding with the international drug cartel involved in this case towards advancing the anti-narcotics agenda of the federal government,” Adejobi said.It would be recalled that the Police Service Commission (PSC) had, recently, ordered that the four officers in custody of the NDLEA with Kyari be suspended while Umoru, said to be at large, be arrested.

NAN reports that the Federal Bureau of Investigation (FBI) had, earlier, indicted Kyari of conspiring with Hushpuppi, the self-confessed international fraudster, in a $1.1 million scam.The suspended police officer had denied the allegation, claiming that his “hands are clean.”(NAN)

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Federation Account Garners N7trn Revenue in Six Months – RMAFC

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By Tony Obiechina, Abuja

Revenue Mobilization Allocation and Fiscal Commission (RMAFC) yesterday disclosed that a total sum of N7.31 trillion accrued to the Federation Account between July and Dec. 2023.This was captured in the monthly report to the Federation Account Allocation Committee (FAAC) by the Central Bank of Nigeria (CBN) under the caption “CBN Federation Account Component Statement”.

This amount is higher than the sum of N5.
244 trillion realised in the first half of year 2023, according to a statement signed by the RMAFC Chairman, Mr. Mohammed Bello Shehu and made available to the media in Abuja.The chairman disclosed that out of the total gross revenue inflows into the Federation Account, the sum of N1,692 trillion was transferred to the Exchange Gain Differential Account, thus leaving a balance of N5.
475 billion for distribution.He added that from the amount stated above, the sum of N3.26 trillion was deducted as approved statutory deductions by the OAGF, leaving a net balance of N2.2 trillion for distribution to the three tiers of government within the period under review.The chairman explained that out of the N3.267 trillion statutory deduction indicated above, N2.251 trillion was transferred to the Non-Oil Excess Account as savings, thus leaving a net statutory deduction of N1.016 trillion with further augmentations for sharing among the three tiers of government received from some “reserve accounts.”The statement added that within the period under review, the net sum of N4 trillion was shared with the three tiers of government, an amount higher than the total sum of N3.06 trillion.In terms of percentages, the chairman stressed that “the statutory deduction in the second half of the year constituted 44.12 percent of the total gross inflow into the Federation Account in the six-month period, which was higher than the first half deductions of 42.31 percent (inclusive of transfer to the Non-Oil Excess Account).”On remittances by Revenue Generating Agencies (RGAs), the RMAFC chairman disclosed that out of the total gross revenue inflows into the Federation Account, the Nigerian National Petroleum Company Limited (NNPCL) remitted N874 64 billion in the second half of the year as against the zero-remittance made in the first half of the year.Similarly, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) remitted the sum of N1.56 trillion while the Federal Inland Revenue Service (FIRS) remitted N3.65 trillion

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PDP NEC Meeting Ends with Damagum as Acting Chairman

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By Johnson Eyiangho, Abuja

Peoples Democratic Party (PDP) 98th National Executive Committee (NEC) meeting yesterday ended without a word on the much talked-about replacement of the party’s Acting National Chairman, Amb. Iliya Damagum, an indication that he will continue to function in that position.

In an interview with newsmen after the meeting, the PDP spokesman, Hon.
Debo Ologunagba said for now, the party is focusing on issues of reconciliation and its stability, adding that the issue of the Acting National Chairmanship had been “deferred to the next NEC meeting, which is tentatively scheduled for August 15, 2024″.
Also speaking, the Governor of Bauchi State and Chairman of the PDP Governors’ Forum, Bala Mohammed said the party is united as there was no dissension and rancour.
In his words, “It was planned that the party would have an implosion. PDP is more than that. We have gone beyond all that. This party is united, guided by experience and constitutionality.”There were a lot of permutations and mischievous thinking outside there. But we looked at all the issues and we worked along our guidelines and constitution.“There is no problem or dissension and problem among members,” Mohammed said.The well attended NEC meeting was held amid tight security as police and personnel of the Department of State Services (DSS) condoned off roads leading to the PDP Secretariat, Abuja and diverted vehicular traffic.It will be recalled that the PDP National Working Committee (NWC) had passed a vote of confidence on Damagum during its meeting on Tuesday.A communique issued at the end of the three hours meeting commended all the organs of the party for their collective resilience, steadfastness and commitment towards the unity, stability and sustenance the party despite daunting challenges.The communique commended the efforts of the NWC in its effort towards rebranding the party and urged all party members to continue to work together for the success of the PDP for the benefit of Nigerians and sustenance of democracy in our country.

The document which was read by the PDP National Publicity Secretary, Ologunagba, however, expressed concern over what it described as the ill-implemented policies of the APC administration, leading to worsening insecurity, harrowing economic hardship, soaring unemployment rate, high cost of food and other necessities of life with pervading misery and despondency across the country.”NEC expresses serious apprehension over the spate of acts of terrorism and violence including the escalated cases of mindless killings, mass abduction of innocent Nigerians and marauding of communities in various parts of the country.”NEC condemns the insensitivity, nonchalance, incompetence and arrogance in failure of the APC administration which continues to conduct itself in a manner that shows that it has no iota of interest or commitment towards the wellbeing of Nigerians.”NEC also condemns the creeping totalitarianism and tendencies towards a One-Party State which is inimical to the peace, stability and corporate existence of our nation as well as the development of Democracy and good governance in the country,” it said.The communique demanded that President Bola Tinubu should urgently convene a special National Security Council meeting to proffer a holistic solution and measures to curb the disturbing insecurity with its attendant negative consequences on the nation.It also called on the president to “immediately rejig his Economic Team to bring in persons of proven integrity and competence without bias and vested interest to assist in repositioning the economy.”NEC further demands that the Federal Government should review all policies and programmes which are stifling the economy with suffocating effect on the lives of citizens; including the increase in price of fuel without cushioning measures, hike in electricity tariff, increased taxation and implementation of adverse fiscal policies,” the communique added.Present at the meeting were FCT Minister Nyesom Wike, former Vice President Atiku Abubakar and many other past and presently elected members of the PDP.

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CBN Reduces Banks’ Lending Rate to 50 Percent

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By Tony Obiechina, Abuja

Central Bank of Nigeria (CBN) yesterday announced a review of the loan-to-deposit ratio (LDR) for banks from 65 percent to 50 percent to align with the current monetary tightening.

LDR is used to assess a bank’s liquidity by comparing its total loans to its total deposits.

An increase in the loan-to-deposit ratio allows banks to expand their credits to businesses and individuals, however, a decline in LDR reduces their ability to loan customers from depositors’ funds.

CBN disclosed the increase in a circular titled “Re: Regulatory Measures to Improve Lending to the Sector of the Nigerian Economy”, signed by Adetona Adedeji, CBN Acting Director, Banking Supervision Department.

“Following a shift in the b  ank’s policy stance towards a more contractionary approach, it is imperative to review the loan-to-deposit ratio (LDR) policy to align with the current monetary tightening by the CBN,” the apex bank said.

“Accordingly, the CBN has decided to reduce the LDR by 15 percentage points to 50%, in a similar proportion to the increase in the CRR rate for banks.

“All DMBs are required to maintain this level and are further advised that average daily figures shall continue to be applied to assess compliance.”At the last monetary policy committee (MPC) meeting on March 26, the CBN retained the CRR at 45 percent and the liquidity rate at 30 percent.

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