Man arrested with Fake cò-ndòms and drugs worth ₦106 Million

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Culled From Punch Nigeria,

 

The National Agency for Food and Drug Administration and Control has arrested a trader, Olisaemeka Osefoh, for importation of counterfeit medicines into Nigeria.

The suspect was also arrested with fake Rough Rider cò-ndòms. PUNCH Metro learnt that the estimated street value of the goods was N106, 210, 000.

Some of the drugs seized include, Mycoten cream, Neurogesic ointment and Skineal cream.
In his statement, the suspect said he was in partnership with a cartel based in China, where the products were sourced, before being shipped to Nigeria.
The Director General of the agency, Dr. Paul Orhii, while parading the suspect, said Osefoh was arrested after a tip off.

Facebook: Why some ‘likes’ are worth more than others

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When Facebook announced its much-anticipated Graph Search earlier this week, there were two questions underpinning most commentators’ responses: will this make a lot of money, and can it beat Google at its own game?  So far as the first question is concerned, the stock market response – an initial dip of around three per cent – suggested caution verging on disappointment. On the second front, however, there has been greater optimism, not least because Facebook seems to have invented a whole new game of its own: the world’s first truly social search function.

NITEL Manager, 16 Others Arrested For Stealing NITEL Cables Worth N50 Million

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The Police have arrested a Nigeria Telecommunications Limited (NITEL) Manager and 16 others for allegedly stealing NITEL cables worth N50 million from its warehouse in Victoria Island, Lagos. According to DailyPost, which reported the news, the suspects were apprehended at about 12:30 a.m. on Sunday at NITEL Warehouse, Saka Tinubu, Victoria Island, Lagos. Sources at the Victoria Island Police station who pleaded anonymity said the suspects had been on surveillance since they got information about the development: “We have been on surveillance for about two months…

Mint Scandal: N2.1 Billion Worth Of N1,000 Notes Missing

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The board of directors of the Nigeria Security Printing and Minting Company (NSPMC) met yesterday over the scandal that rocked the establishment where it was revealed that a whopping N2.1 billion of newly printed N1,000 notes have mysteriously gone missing.

The board meeting, chaired by the Central Bank of Nigeria (CBN) governor, Sanusi Lamido Sanusi, decided to expand the investigation and audit the production of other currency denominations to ascertain the quantity of money that has actually gone missing over the years. LEADERSHIP had exclusively reported that an acting managing director, Ahmed Bamali, had been appointed to head the Mint company while Ehi Okomoyon, who was the chief executive, was asked to proceed on indefinite leave.

Nigerians Arrested In Malaysia For Smuggling Cocaine Worth $7.1 Million Hidden In Coconut Milk Cans

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Malaysian narcotics agents have foiled a Nigerian syndicate’s alleged bid to smuggle cocaine worth $7.1 million hidden in coconut milk cans, a top police official said Tuesday.

“International drug syndicates especially those led by Nigerian nationals have been found to be active in smuggling various types of drugs,” Noor Rashid Ibrahim, narcotics criminal investigation director said in a statement, Agence France Presse reports.

Acting on a tip-off from the United States Drug Enforcement Administration, authorities found the drugs in a container at the country’s top port, Port Klang, he said. It had arrived on a ship from Guyana last Monday.