Connect with us

NEWS

EFCC Admits Ex-Kogi Governor’s Alleged Co-defendants to Bail

Published

on

Share

The Economic and Financial Crimes Commission (EFCC) has admitted the co-defendants in alleged money laundering charge filed against the immediate-past Governor of Kogi, Alhaji Yahaya Bello, to administrative bail.EFCC’s counsel, Jamiu Agoro, informed Justice Maryann Anenih of an Abuja High Court on Thursday upon resumed hearing in the charge.

The former governor, alongside Umar Oricha and Abdulsalami Hudu, are being prosecuted as 1st to 3rd defendants, respectively, in a fresh 16-count charge instituted against them by the anti-graft agency.
Agoro also sought for adjournment in the fresh case the EFCC instituted against the ex-governor, saying the 30-day window was still running for the summons earlier issued.
running.The EFCC, however, said, it admitted Bello ‘s alleged co-defendants, Umar Oricha and Abdulsalami Hudu, to bail and prayed the court for extension of time for the Bello to appear.At the resumed hearing before Justice Maryann Anenih , Counsel for EFCC, Jamiu Agoro, said the order of the court, given on Oct 3 had not elapsed.“In that wise, we feel it will not be appropriate for us to take proceedings while that 30 days is still running.” So we have discussed and agreed to come back on the Nov 27,” he told the court.He also noted that the Nov 20 date earlier given was not convenient for the Prosecution counsel.Counsel to the 2nd Defendant, Aliyu Saiki, SAN, confirmed that his client had been granted administrative bail by the Prosecution.He said he had no objection to the application for adjournment.The 3rd Defendant’s Counsel, ZE Abass, concurred also.The prosecution Counsel also asked the court to grant an application to paste the notice of hearing on the last known address of the former governor.After listening to all counsel, the judge granted the EFCC’s application for adjournment, including the hearing notice.“I have considered the application for adjournment by the complainant and issuance of hearing notice and the submission by the 2nd and 3rd Defendants. The application is granted,” she said.Justice Anenih thereby adjourned the case until Nov 27.Report says that Justice Anenih had on Oct. 3, 2024 issued a public summon against Bello following his absence in a fresh arraignment on 16-count charges preferred against him by the EFCC.Justice Anenih issued the summon in a ruling following an ex parte application by EFCC counsel, Rotimi Oyedepo, SAN praying the court to grant leave that Bello should be served the charge via substituted means.The court ordered that the charge should be served on Bello at his known residence, No 4, Bengazi Street, Maitama, Abuja, through a public summons to be published in widely circulated national newspapers and also pasted within the premises of the court.(NAN)

NEWS

Abia Assembly Didn’t Mandate Deputy Gov. to Apologise – Deputy Speaker

Published

on

Share

Abia House of Assembly has denied social media report that it mandated the Deputy Governor, Ikechukwu Emetu, to issue a public apology over a misunderstanding between him and its member.The Deputy Speaker and Spokesperson, Austin Meregini, who debunked such report while addressing newsmen in Umuahia on Thursday, said the House did not reach any resolution to that effect.

He admitted that there was a misunderstanding between the deputy governor and Mr Mba Nwoko, member representing Ohafia South State Constituency, but said the matter had been taken care of Report says that there have been publications by social media of the House mandating the deputy governor to apologise to Nwoko for disrespecting the lawmaker during the recent state-wide local government elections.
It was alleged that Emetu, who is from the same constituency with Nwoko, had instructed the security operatives to arrest the lawmaker for asking about the election result sheet.Condemning the report, Meregini, who is the Chairman, House Committee on Media, said that it was the imagination and figment of the mischief makers.He said that the deputy governor and the lawmaker are brothers, hence there was no need for the Assembly to pass a resolution mandating such an apology.Meregini said: “I was present at the Tuesday sitting, both at the plenary and executive session; there was no time we reached such resolution.“We do not condone any kind of misunderstanding, but as long as we co-exist, there’s bound to be misunderstanding every now and then.“When there is need, we do offer constructive criticism and constructive oversight on the activities of the government and the Executive and we expect that it will continue.”He reaffirmed the robust relationship between the Legislature and the Executive, saying that it would continue to exist for the benefit of Abia people.The deputy speaker commended the Executive on the level of implementation, while expressing satisfaction with the quality of bills passed by the Assembly.(NAN)

Continue Reading

NEWS

FEC Proposes N47.9trn 2025 Budget

Published

on

Share

The Federal Executive Council (FEC) has proposed the sum of N47.9 trillion for the 2025 fiscal year for submission to the National Assembly on Monday.The Minister of Budget and Economic Planning, Atiku Bagudu disclosed this after the Council meeting chaired by President Bola Tinubu on Thursday at the Presidential Villa.

According to him, the Council pegged the price of crude oil at 75 dollar per barrel and proposed N1400 as exchange rate to a dollar with oil production put at 2.
06million barrels per day.Bagudu said that the budget proposal included new borrowings of N9.2 trillion to finance the budget deficit in 2025.The minister added that with the growth rate of 3.19 per cent as at the second quarter of 2024, the Federal Government would continue to tackle Inflation, strengthen economic resilience and provide more support for the economy.
He also said that government would continue to support high employment generation sectors, improve business environment and effective implementation of youths development and social investment programmes.Bagudu also disclosed that FEC reviewed the 2024 Budget implementation and acknowledged that the review revealed promising in revenue collection and expenditure management.” Despite lacks in prorated target, the overall trajectory shows that fiscal effort are on track with key non-oil streams performing better than anticipated.Similarly, the minister said FEC approved the medium term expenditure framework and the fiscal strategy paper to be submitted to the NASS.” This is in addition to the bills that are already at the National Assembly, the Economic Stabilisation Bill and Tax Reforms Bill , which we believe we will have a very strong growth in 2025,” he said. (NAN)

Continue Reading

NEWS

Okpebholo Freezes Edo Accounts, Orders Reversal of Ministry’s Name

Published

on

Share

Gov. Monday Okpebholo of Edo has ordered immediate freezing of all the state bank accounts until further notice.Okpebholo gave the directive in a statement issued by his Chief Press Secretary, Mr Fred Itua, on Thursday in Benin.He warned that non-compliance by commercial banks as well as heads of ministries, departments and agencies (MDAs) would result in severe penalties.

“All bank accounts in all commercial banks are now frozen.
Commercial banks must ensure strict adherence and prevent any withdrawal from government accounts until further notice,” the statement said.
Okpebholo stated that necessary investigations and financial reconciliations would determine subsequent actions.He also ordered the reversal of the Ministry of Roads and Bridges to the old Ministry of Works with immediate effect.
The governor cited what he called lack of completed bridges or significant road projects as a justification for changing the ministry of roads and bridges back to ministry of works.“It is ironic that despite its name, the ministry did not construct a single bridge, not even a pedestrian one,” he said.The governor directed immediate implementation and reflection of the new name across official documents and platforms. (NAN)

Continue Reading

Read Our ePaper

Top Stories

NEWS2 hours ago

Abia Assembly Didn’t Mandate Deputy Gov. to Apologise – Deputy Speaker

Share Abia House of Assembly has denied social media report that it mandated the Deputy Governor, Ikechukwu Emetu, to issue...

Uncategorized3 hours ago

3 in Police net for Allegedly Stealing Phones of Accident Victims

ShareThe Rapid Response Squad (RRS) of the Police Command in Lagos state has detained three suspected thieves for allegedly stealing...

NEWS3 hours ago

FEC Proposes N47.9trn 2025 Budget

Share The Federal Executive Council (FEC) has proposed the sum of N47.9 trillion for the 2025 fiscal year for submission...

NEWS11 hours ago

Okpebholo Freezes Edo Accounts, Orders Reversal of Ministry’s Name

ShareGov. Monday Okpebholo of Edo has ordered immediate freezing of all the state bank accounts until further notice.Okpebholo gave the...

NEWS11 hours ago

Breaking…….NNPC Ltd. Records 1.8mbpd Crude Oil Production

ShareThe Nigerian National Petroleum Company Ltd. (NNPC Ltd.) says it has achieved 1.8 million barrels per day crude production following...

NEWS11 hours ago

EFCC Admits Ex-Kogi Governor’s Alleged Co-defendants to Bail

Share The Economic and Financial Crimes Commission (EFCC) has admitted the co-defendants in alleged money laundering charge filed against the...

HIV-AIDS HIV-AIDS
Health12 hours ago

Nigeria Records 15,000 AIDS-related Deaths Annually-NACA

Share The National Agency For the Control of Aids (NACA) says no fewer than 15,000 AIDS-related deaths occur each year...

Economy18 hours ago

Naira Bounces Back, Appreciates by 2.6% Against Dollar at Official Market 

Share The Naira on Wednesday bounced back after consistent three days losses and appreciated at the official market trading at...

NEWS18 hours ago

Ecobank Nigeria Bags Client Excellence Award

Share Ecobank Nigeria, a subsidiary of Ecobank Group, has been conferred with the Client Excellence Award by the Deutsche Bank...

NEWS18 hours ago

Foundation Unveils Project to Dismantle Barriers Against PWDs’ Access to Buildings

Share Cedar Seed Foundation (CSF), a disability inclusive organisation, has unveiled the Accessibility 365(A365) Hall of Fame and Shame project....

Copyright © 2021 Daily Asset Limited | Powered by ObajeSoft Inc