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Okorocha Alleges Moves to Demolish Family Property in Owerri

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Former governor of Imo State, Senator Rochas Okorocha says he has strong reasons to believe that the government of Imo State plans to demolish his family properties in Owerri, the state capital.

Zainab Mohammed, Adviser on Public Affairs to the former Imo State governor who raised the alarm Sunday, in Abuja said this is in spite of  a subsisting judgement of the High Court of Imo State stopping further trespass on the said properties by agents of the state.

 

She further claimed that the family has incontrovertible evidence to believe that some overzealous agents of the State may have marked some of the family’s properties for demolition in the coming days and weeks.

The statement also revealed that Mohammed has alerted the police and security agencies in the state of the impending lawless act, warning that should such move crystallize, it would be in flagrant disregard of judgement of court delivered barely five months ago, on September 7th, 2020.

“Justice T. N Nzeukwu, the presiding judge, had in a ruling delivered on September 7,2020 granted  prayers of the Applicants and declared  that the forced entry of agents of the governor into House of  FREEDA was illegal and a violation of their fundamental rights. 

“The suit marked HOW/947/2019 was  brought pursuant to the enforcement fundamental human right of House of FREEDA Limited,  Mrs Uloma Rochas Nwosu and two others  where the plaintiffs challenged the forced entry and seizure of property belonging to the family. 

“Justice Nzeukwu who also slammed N240 million award for damages and another N20 million for the assault on her person specifically barred agents of the state government from further trespass on the properties.” 

According to a Court judgement brandished by Mohammed, Justice Nzeukwu also gave an order of perpetual injunction restraining the respondents, their agents, privies, workmen or anyone mandated by the respondent from entering the said property.

“To now imagine that the government of Imo State is contemplating demolition of the same properties that was subject of litigation and judgement delivered by a competent court, is absurd to say the least” she declared.

The properties in question include; House of FREEDA situated at KM1 Port Harcourt Rd, beside Great wood Hotel, East High College, East High Academy, West Brook Hotel Ltd, El FREEDA Foundation, all located in various parts of Owerri, the Imo State Capital. 

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AfDB Signs $75m Loan Agreement to Boost Indorama’s Fertilizer Production, Export Capacity

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The African Development Bank (AfDB), has signed a 75 million dollar loan agreement with Nigeria’s Indorama Eleme Fertilizer and Chemicals Limited.

The bank announced this in a statement issued on its website late Thursday.

According to the statement, the loan will enable Indorama to increase its fertilizer production and develop a port terminal for exports.

The statement also said that the loan would help in supporting food production and food security across regional and international markets while fostering job creation in Nigeria.

It said that the expansion would include the development of a third urea fertilizer production line and a new shipping terminal at Indorama’s facilities in Port Harcourt.

“The new production line is expected to have an annual capacity of 1.4 million metric tons of urea, one of the most widely used fertilizer worldwide.

“Indorama’s two operational urea fertilizer lines serve Nigeria’s domestic market.

“It supports the country’s agricultural sector, which accounts for a quarter of its Gross Domestic Product (GDP) and employs about a third of its labour force.

“The new production line and terminal, which will help meet growing global demand for fertilizer, is expected to create up to 8,000 direct and indirect jobs in Nigeria”, the statement said.

The statement also quoted the Acting Director of Industrial and Trade Development Department, AfDB, Ousmane Fall, as commending the partnership.

Fall said the bank was proud of its continued partnership with Indorama, the IFC, and other lenders on this critical project.

He said the partnership aligned with the bank’s strategic priorities to Feed  and industrialise Africa, while generating significant development outcomes in Nigeria.

Meanwhile, Manish Mundra, Group Director for Africa, Indorama Corporation said the establishment of the fertilizer plant underscored Indorama’s unwavering commitment to Nigeria’s industrial growth, economic diversification, and leveraging its strategic geographic location.

“This landmark financing represents a pivotal moment in Nigeria’s journey towards becoming a major player in the global fertilizer market.

“With this third line, Nigeria is prepared to significantly ramp up its export capacity, thereby, enhancing its position as a key exporter of fertilizer to Africa and the world.

“Furthermore, the establishment of this fertilizer plant will not only address critical issues such as broader food security but will also stimulate agricultural growth and create employment opportunities in Nigeria,” he said.

Reports says that the AfDB’s loan follows a strategy to support investment in private sector development to promote the growth of the real sector.

The 75 million dolllars loan is part of a 1.25 billion dollars facility arranged by IFC.

The financing package includes a 215.5 million dollars loan from IFC’s own account, a 94.5 million dollars loan through the Managed Co-Lending Portfolio Programme (MCPP), and 940 million dollars in parallel loans mobilised from other development finance institutions and commercial banks.

Some of the banks include the AfDB, Bangkok Bank, British International Investment, Citibank, Deutsche Investitions- und Entwicklungsgesellschaft (DEG), DZ Bank, Emerging Africa Infrastructure Fund (EAIF) and Rand Merchant Bank.

Others are Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden (FMO), Export-Import Bank of India (India Exim Bank) and Export-Import Bank of Korea (KEXIM).

The Standard Bank Group, Standard Chartered Bank, and the United States International Development Finance Corporation (DFC) are also part of the banks.(NAN)

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NSCDC Arrests 3 Suspects with 1,625 Litres of Adulterated Diesel

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The Anambra Command of the Nigeria Security and Civil Defence Corps (NSCDC) has arrested three suspects with 1,625 litres of adulterated diesel.

The NSCDC Commandant in Anambra, Olatunde Maku, told newsmen on Friday in Awka, that the suspects were arrested on March 23 along Atani Road, in Odekpe, Ogbaru Local Government Area of the state.

He said that his team arrested Oluchukwu Okeke, 28, from Ogbaru in Anambra; Emeka Chukwuma, 34, also from Ogbaru in Anambra; and Ifunanya Ike, 29, from Mbano in Imo state.

According to Maku, they were conveying 65 kegs of 25 litres each of suspected adulterated diesel, estimated to be 1,625 litres in four different vehicles.

He said that the vehicles were two shuttle buses, a white-colored bus with registration number AWK429XY and another ash-coloured bus with registration number GDD277XB.

“This arrest was made possible in collaboration with the Nigerian Navy, and preliminary investigation revealed that the illegally refined products were loaded at Ogbakuma and headed to Okoti community, both in Ogbaru area.

“I want to commend the Nigerian Navy for their support in the fight against criminality in the state.

“This type of synergy is what is needed to wage a full-scale war against perpetrators of this heinous crime.

“NSCDC, as the lead agency in the protection of critical national, state, and local government assets and infrastructure, is known for its zero tolerance in crude oil theft and illegal bunkering activities.

“We remain focused on freeing Anambra state of illegal petroleum products racketeering and other related criminalities,” he said.

Maku added that the suspects would be arraigned in court as soon as investigations were completed.

He called on members of the public to assist the command in its renewed vigour to stamp out illegal oil refining activities in the state through the provision of intelligence on illegal oil bunkering activities within their domains. (NAN)

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Good Friday: Catholic Bishop urges Leaders, Nigerians to Emulate Christ’s Sacrifice

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As Christians celebrate the crucifixion of Jesus Christ (Good Friday), the Bishop, Catholic Diocese of Oyo, Most Rev. Emmanuel Badejo, has urged leaders and Nigerians to emulate Christ’s sacrifice.

Badejo made the remark in his Good Friday message made available to Newsmen on Friday in Ibadan.

Badejo enjoined all leaders, people in authority and Nigerians to emulate Jesus in order to improve society and institutions.

The catholic bishop emphasised that Good Friday teaches us the best qualities of leadership in service, humility and love.

He noted that Good Friday represents all the challenges and problems in life, at work, in family and country at large.

According to him, those problems will be solved not just by praying, but by serious, honest and selfless efforts by everyone to do good and oppose sin and evil.

“Nigeria is not beyond repair, but it is righteousness that exalts a nation.

“Good Friday is the day on which Jesus made the ultimate sacrifice, giving His life on the cross for the salvation of the world.

“That is exactly what is good about it, even though his suffering and death are painful and unjust.

“Jesus Christ, the son of God, gave his life in love and humility, leaving His glory aside. By His death on Good Friday, Jesus taught us that there are benefits in making sacrifice for the good of others.

“Such suffering or sacrifice, like that which a mother makes for her children, or a friend for another, is pleasing to God.

“Good Friday invites us to repent, do away with sin, but do something for the good of others and thus, enjoy God’s favour,” he said.

Badejo remarked that Easter Sunday is the celebration of the victory of Jesus Christ, which reminds all that the victory of good over evil is inevitable.

He said that, just as all conspiracies against Christ’s resurrection could not stand, similarly, all the evil happening in the world cannot stop the celebration of Easter as planned by God.

“That is why Christians rejoice at Easter. Alleluia! Easter Sunday answers all the questions of Good Friday. Why should good people suffer sometimes?

“Well, because God always has a superior reason and for allowing such to happen.

“If Jesus had not died, salvation would never have come. To all who suffer, I say: “Be comforted: with Jesus, Good Friday is not the last word, Easter Sunday victory is.

“I urge all Nigerians to emulate Jesus’ way of love and sacrifice for others,” Badejo said. (NAN)

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