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Teenager Bags 7-month Imprisonment for Stealing Phones, Shoes Worth N1.2m

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Court Sentences Applicant to 6 Months in Prison for Stealing Cell Phone
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An Ogudu Magistrates’ Court in Lagos on Monday sentenced one Yusuf Adepoju to seven months imprisonment for stealing phones and shoes valued at N1.2 million.

The 19-year-old student of Apa-Imota, Owode Road, was tried and found guilty of charges of conspiracy and stealing.

The Magistrate, Mrs O.A. Daodu, consequently sentenced him to seven months imprisonment from the date of his first arraignment.

The Prosecutor, Insp Sunday Bassey, had earlier told the court that Adepoju was first arraigned on March 11.

Bassey said that he committed the offences on Feb. 29 at about 5:15p.m. at Kola Iyaomolare Street, Ogadu Orioke, Lagos.

He said that Adepoju stole a Samsung galaxy phone valued at N500,000, a Redmi phone valued at N500,000 and a phone charger valued at N5,000.

The prosecutor further said that the defendant also stole female handbags valued at N50,000, seven pairs of shoes valued at N105,000 and 10 pieces of cloths valued at 18,000, all totaling N1,280,000.

Bassey said the stolen items belonged to the complainant, Mr Nebor Nwankwrendu.

The offences, according to him, contravene Sections 287 and 411 of the Criminal Laws of Lagos State, 2015.(NAN)

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Wike, 27 Rivers Lawmakers not APC – APC Chairman

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Dr Tony Okocha, Chairman of the All Progressive Congress(APC), in Rivers,  has said that FCT minister Nyesom Wike is not a member of the APC.

He told newsmen on Thursday in Abuja that the 27 Rivers lawmakers currently in a bitter political struggle with Gov. Siminalayi Fubara were also not members of the APC.

“People say Wike has decamped to the APC.

They also say that the 27 lawmakers currently fighting with Fubara have defected to the APC.

“I need to make this clear to everyone. Much as I wish to have them in my fold, none of them has agreed to join us.

“I am the one that should  know if they did. But, clearly, they have not.

“What the lawmakers did was a political gimmick.

“I tried to woo them, but they kept vacillating and did not.

“To defect, they must go to their wards, register and get their membership cards. None  of them has done that,” he said.

Okocha was particularly categorical in declaring that Wike would not leave the PDP.

“Wike will never leave the  PDP.

“He has always said that PDP made him what he is. He has always said that he would remain there.

“He is an ardent believer in PDP. He is not likely to leave that group,” Okocha said.

He, however, said that Wike is a member of the Renewed Hope Agenda.

“In Rivers, I am 001 in APC, but in the Renewed Hope Agenda, I am 002. Wike is 001,” he explained.

He also spoke on Wike’s influence on Rivers’ politics

“Wike has done so much for Rivers, so he is strong.

“In the next 10 years, Wike will continue to influence the political direction in Rivers.

“It will be difficult to uproot him.

“Aside from his many projects scattered throughout the state, he has touched people’s lives directly. Such people will always be behind him,” he said.

He described Wike as a politician that could identify with every good cause irrespective of political party.

“Once the cause is good and will give him a platform to serve his people, Wike will be part of it,” Okocha said.(NAN)

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FG Targets $1trn Economy by 2030 Via Financial Inclusion

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The Federal Government says it is putting sustainable mechanisms in place to build a $1 trillion economy by 2030 through financial inclusion.

Sen. Ibrahim Hadejia, Deputy Chief of Staff to the President, Office of the Vice President disclosed this on Thursday in Benin.

Hadejia spoke at the 8th Annual National Conference of The Association of Mobile Money and Bank Agents in Nigeria (AMMBAN).

Hadejia said that the mechanisms were expected to bridge the gap between the rich and the poor.

He was represented by the Technical Advisor to the President on Economic and Financial Inclusion, Abubakar Zauro.

Hadejia assured that the government was committed to pursuing economic and financial inclusion with all sector players to achieve its goals.

“As we seek to achieve this milestone, financial inclusion is at the heart of our economic agenda.

“This is ensuring that all Nigerians, regardless of location, gender, or socioeconomic status are not only included but also empowered in our financial system.

“This has been made evident in the administration’s effort to boost access to credit for micro, small, medium, and nano enterprises (MSMSNE), and various other programmes.

“These programmes are targeted at enhancing inclusive growth through economic and financial inclusion,” he said.

Hadejia disclosed that a review of key financial inclusion data revealed that substantial progress had been made, with around 26 per cent of the adult population, primarily women, rural dwellers, and small business owners.

“As we work toward our 2030 economic goal, it is critical that we focus on narrowing these gaps.

“This is where Neighborhood Financial Inclusion Centers (NFIC) play a pivotal role at providing a one-stop shop for financial services in excluded communities.

“Through proactive partnerships with government and financial institutions, these centres will address both the physical and digital barriers that prevent millions of Nigerians from accessing essential financial services especially amongst the economically poor to improve their resilience against economic shocks,” he said.

He called for a collaborative approach by all key players to presents a better chance to improve the adoption of innovative products and services to serve the people.

In his goodwill message, Edo Governor, Godwin Obaseki, noted that AMMBAN played vital role in promoting financial inclusion, as it bridged the gap in financial accessibility, and drive economic growth in Nigeria.

Obaseki, represented by the Permanent Secretary, Ministry of Finance, Mr Bernard Aigbe, commended the association for providing efficient and innovative financial services to underserved communities.

The governor disclosed that his administration had created an environment conducive for businesses to thrive, promoting economic growth, and improving the lives of citizens.

Also speaking, Philip Ikeazor, Deputy Governor, Central Bank of Nigeria (CBN), described financial inclusion as more than a policy goal, but a pathway to economic empowerment, poverty reduction, and sustainable development.

He noted, however, that in spite of the progress in urban areas, rural regions continued to lag behind in financial inclusion.

“As we move forward, we must ensure that no one is left behind.

“Together, we can create a future where every Nigerian has access to the financial tools and services they need to thrive,” he said.

Earlier in his welcome address, National President of the association, Sarafadeen Fasasi, noted that the conference was unique as it was meant to match data on access to financial inclusion with actions.

Fasasi added that the conference also provided opportunity for all participants to know what actions were being taken by all financial inclusion stakeholders.

“As at the last EFinA report in 2023, financial inclusion was at 64 per cent but on the ground, over 300 local government areas in Nigeria are without bank branches (AMMBAN Survey, 2024).”

“AMMBAN introduced a one-stop shop for financial services, offering NIN, BVN, account opening, card issuance, Sim registration, savings, credit insurance etc, across the excluded local government areas,” he said.

According to him, data showed that Nigerian banks lost N42.68 billion to fraud in in the second quarter of 2024, and most were traced to agent locations through the use of stolen cards or phones, fake alerts, ransom cashout.

To combat that, he said his association introduced an automated verifiable identity card for agents and launched a joint Task Force (JTF) in conjunction with the office of the Inspector-General of Police and other security agencies.(NAN)

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3 Reportedly Injured as CNG Vehicle Explodes in Benin

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Three persons have been reportedly injured on Thursday in Benin when a Compressed Natural Gas (CNG) powered vehicle exploded at a filling station in Benin.

It was gathered that the incident happened at the filling station’s gas station located in Aduwawa, on the Benin-Auchi road.

Sources told the said that the explosion was as a result of substandard conversion kits, including cylinders used in the installation and conversion of the engine of the vehicle.

The sources said the driver, who was the technician that allegedly installed the CNG kits, had driven to the filling station to test the efficacy of the installation when the explosion occurred.

The three casualties were said to be a station cleaner, pump attendant and one other.

“The injured were rushed to a hospital,” a source said. (NAN)

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