Monday, February 25, 2013

Two Bankers Bag 2 Years Jail Term for Fraud



Justice Dije Abdu Aboki on February 21, 2013 convicted and sentenced Funsho Olayele and Ayoade Peter Abiola to two years imprisonment with option of N410, 000 (Four Hundred and Ten Thousand Naira) fine each. The first accused was ordered to pay a compensation of N700, 000, while the second accused had already restituted the victim in the course of investigation.

The convicts, both former staff of Intercontinental Bank Plc (now Access Bank Plc) were arraigned by the Economic and Financial Crimes Commission on six count charge of conspiracy and misappropriation of funds.

Boko Haram Shot Dead Five Persons Playing Cards In Gombe



Suspected Boko Haram sect members last night shot dead five persons they found playing cards in Gombe, Gombe State. Several others were also seriously injured. Aside from the five that were confirmed dead, ten victims are reportedly in critical condition from bullet pellets that pieced their bodies. A security source told SaharaReporters that doctors in area hospitals were currently battling to save the lives of the injured.

How Gov. Peter Odili Stole ₦100 Billion Naira Of Rivers State Money and Put It In Arik Air, Thisday



Ọmọ Oódua has obtained detailed draft charges that never made it to the courts regarding the brazen looting of Rivers State treasury by the state’s former governor, Peter Odili. The documents show how Mr. Odili used a combination of government officials and personal companies disguised as fronts to fleece Rivers State to the tune of N100 billion between 2004 and 2007.

Ọmọ Oódua analysis of the draft charges, which were prepared by well-known Nigerian lawyer Festus Keyamo on behalf of Economic and Financial Crimes Commission (EFCC) under the chairmanship of Mrs. Farida Waziri, reveal that, between December 2004 and September 2006, Emmanuel Nkatah, a personal staff of the governor operating at the Rivers State liaison office in Abuja, alone withdrew over N4 billion naira from Zenith Bank account No. 6010916567 which belonged to Rivers State Government House.

Goldie, Buried at Ikoyi Vaults and Gardens, Lagos.




The deceased, popularly known as Goldie, was buried at Ikoyi Vaults and Gardens, Lagos.
The deceased’s colleagues in the industry such as Kenny Ogungbe, Denrele Edun, Essence, Kenny st Brown and Weird Mc.
Friends and family rendered written tributes to the 31-year-old whom they described as determined and loving.
One of such tributes was a written one from her husband, Andrew.

The Position of Authority in Nigeria Youth Unemployment




It is the duty and responsibility of the government and different policy makers to provide such an environment and conditions which are conducive for the youth entrepreneurial activities. Different policy initiatives encourage and motivate young people to come up with new ideas and start their own youth enterprises. This will first reduce the incidence of unemployment to a great extent and as such would have dealt a massive blow to the problem of youth restiveness.
To do this effectively, the policymakers need to realize that alone public spending is not going to contribute towards the welfare of the youth. It is the policies of the states that must be created in a way that will help to stimulate the younger people as well as their parents and communities to invest in themselves. The main essence of implementing youth friendly policies is they are not as costly as direct investments but require a lot of political trade-off to actually implement the policies so that they benefit each and every young person living in the country.

Why Nigeria’s economy may collapse soon, by ACN



THE Action Congress of Nigeria (ACN) has raised an alarm that the nation’s economy may collapse unless the Federal Government cuts the “astronomical cost of running a bloated government and takes urgent measures to diversify the economy and shore up the production of oil which remains the mainstay of the economy.”
The party, in a statement issued in Lagos Sunday by its National Publicity Secretary, Alhaji Lai Mohammed, warned that if the listed measures are not taken, the government may not be able to pay its bills, including workers’ salaries, in the next few years.
‘’Contrary to what the Federal Government may say, this warning is not about crying wolf but is actually borne out of a patriotic fervour devoid of politicking, which is the usual refrain of this government when alerted to its shortcomings. We will like to be proven wrong, but this will depend on uncommon and monumental effort, rather than on the basis of the usual canned response from the government,’’ the party said.

Two gunmen killed, four arrested in Nigeria




KANO, Nigeria, Feb. 23 (Xinhua) -- Nigerian troops in northwest Kano State on Saturday killed two suspected gunmen and arrested four others in Kano metropolis when the gunmen attacked the checking point.

A security source told Xinhua that the incident happened around 1:10 p.m., local time, at a security check point along Hadejia road, during "a stop and search" on a commercial vehicle at the check point.

"It was in the process when one of the passengers of the vehicle opened fire on the security operatives at the check point, " the source added. "Soon after the incident security operatives at the check point responded by killing the attacker instantly," the source said.

Mahama calls for closer relations between Ghana and Nigeria



President John Dramani Mahama on Friday called for closer relations between Ghana and Nigeria as both countries have had the same developmental potentials and challenges over the years.

He said Ghana would particularly partner Nigeria, which had developed effectively in the banking reforms sector and could share her experiences with others.

President Mahama made this statement when Dr Ngozi Okanjo Iweala, Nigerian Minister for Finance and Economics called on him at the Flagstaff House, Kanda.

Sunday, February 24, 2013

Nigeria, Brazil Sign Agreement to Boost Trade, Investment





Petroleo Brasileiro SA (PETR4) expects to expand oil production in Nigeria as the Rio de Janeiro-based company looks to strengthen its presence in Africa’s top oil producer.
“Petrobras has been producing oil in Nigeria for 14 years, and expects to increase production,” Brazilian President Dilma Rousseff said today during a speech in Abuja, Nigeria’s capital. “Petrobras expects to establish an ever-stronger presence here in Nigeria.”


Oscar Pistorius' older brother also accused of killing a woman



Carl Pistorius (left), the older brother of the Blade Runner, accused of killing his girlfriend, is also facing a manslaughter charge. Carl is charged with culpable homicide over the accidental death of a woman in a car crash in 2010.
His lawyer Kenny Oldwage, who also represents Oscar Pistorius, confirmed the charges today. Carl Pistorius appeared in court just two days before his brother's bail hearing last week, according to the Daily Mail.

According to the BBC, police conducted tests on Carl Pistorius' blood at the time of the accident, and he was found not to have been drinking alcohol. 
Carl was initially accused of reckless or negligent driving, but the matter was later provisionally withdrawn. However, the charges were reinstated after the victim's family said they believed it was more than an accident. Carl Pistorius' trial is set to begin at the end of March. 

Oshiomhole Bans Edo Farmers From Paying Dubious Royalty To Igbinedion





Governor Adams Oshiomhole has stopped farmers currently farming in government reserved forest at Okada, Ovia North East Local Government Area of Edo State from paying N40m annual royalty to Chief Gabriel Igbinedion, the Esama of Benin kingdom.
It was gathered that the land was leased to Chief Igbinedion who later sublet to individual farmers for a certain amount of money.
Chief Igbinedion, father of the former Governor of the state, Lucky Igbinedion, is widely known for his flamboyance.
Locals say he actually regards himself as an authority in the ancient state.

Check Out The Best Payday Loan Information Guide




Payday loan is the best friend of a man when he is badly in need of money but just doesn't have it. Payday loan is the fastest and best way to acquire cash. Basically a payday loan provides you with an unsecured, short-term cash advance until your payday. Payday loans are the ideal way to acquire money in case of any uninformed expense such as a car repair bill, an instant costly trip, check bounces, other penalties, an accident, death or such unfortunate happening in the family and so forth. For many people payday loans are a means to pay off their monthly rent, grocery bills, utilities and other such day-to-day expenses.

Mother Sentenced To 6 Years In Jail For Burying Her Only Child Alive




A Magistrate’s Court sitting in Osogbo, Osun State, on Wednesday, sentenced an 18-year-old mother of one, Mrs Adeola Joseph, to six years imprisonment with hard labour for burying her only child alive for three days.

 Presiding Magistrate, Mr Olusola Aluko, held that the convict did not deserve to be in the midst of human beings and looked unperturbed by her criminal action, saying that “the convict is callous and may not change from her devilish act.”

Share MC Hammer Arrested





Rapper MC Hammer launched a string of tweets Saturday with his side of the story two days after he was arrested in northern California for allegedly obstructing an officer.
Among his tweets, Hammer said, apparently referring to the arresting officer that he was asked whether he was on parole or probation before the man tried to pull him out of his vehicle Thursday night.
Police in Dublin, east of Oakland, said Hammer was in a vehicle with expired registration and he was not the registered owner.
"After asking Hammer who the registered owner was he became very argumentative and refused to answer the officer's questions," police spokesman Herb Walters wrote Saturday evening in an e-mail to CNN.  Hammer -- a rap and dance icon in the late 1980s and 1990s -- was arrested on suspicion of resisting an officer and obstructing an officer in the performance of his duties, according to police spokesman Herb Walters.

The incident occurred at the Hacienda Crossings shopping center. Hammer began his tweets Saturday with "chubby elvis looking dude was tapping on my car window, I rolled down the window and he said 'Are you on parole or probation?'"

"While I was handing him my ID he reached in my car and tried to pull me out the car but forgot he was on a steady donut diet," Hammer continued. "It was comical to me until he pulled out his guns, blew his whistle and yelled for help (MallCop) !!! But make no mistake he's dangerous."
Hammer, 50, was booked and released on bail from Santa Rita Jail, Walters said. A court date is next month, and police have until that time to decide on any charges.
No drugs or alcohol were suspected in the incident, police said.
In another tweet, Hammer, born Stanley Kirk Burrell, said, "only thing more dangerous than a scared man with a gun, is a scared man with an agenda, a gun and a badge."
"I will now answer his question, contrary to his personal beliefs, all people of color are not on parole or probation fat boy!!!," wrote Hammer, later adding he thought of his arrest as "a teachable moment" and an "eye opener."
Hammer, who had a hit single in 1990 with "U Can't Touch This," has been enjoying a resurgence in his career and took the stage with "Gangnam Style" Korean performer Psy during the American Music Awards last November.
Hammer performed "Too Legit to Quit," which was released more than 20 years ago.
 CNN

Niger Delta university student killed during cult initiation




The Bayelsa State police command yesterday announced the killing of a 200- level student of petro-chemical engineering of Niger Delta University, Amasoma, Mr. Tariebi Tyger, during a forceful initiation exercise by some unidentified cult group...


 According to the police, the 21 years old undergraduate was wooed by the cultists but he turned them down. He was later forcefully taken from his hostel and an initiation exercise done. The police public relations officer, Mr. Fidelis Odunna, told Edification sources that though the police had arrested persons suspected to have taken part in the murder, it gathered that the victim passed out during the heavy beating meted out during the initiation and died.

Most Nigerian billionaires are corrupt – Akinyemi



A former Minister of External Affairs, Prof. Bolaji Akinyemi, on Saturday said it was not possible for any Nigerian to be a billionaire without being corrupt. Akinyemi stated this in Akure, the Ondo State capital while delivering the second term inauguration lecture of Governor Olusegun Mimiko.
The professor of International Relations and Diplomacy spoke on the topic, ‘Leadership, Democracy, and Development.’ He said at the event chaired by  a former Nigerian High Commissioner to United Kingdom, Dr. Christopher Kolade, that “being a billionaire in Nigeria today without corruption is impossible.”
Akinyemi said, “No one can be a billionaire in Nigeria today without being corrupt. If you are a businessman, you would have evaded tax or other levies like import duties with the active connivance of those in charge.

24 Year Old Woman Stabbed By Mother In Law In Nassarawa



Just because of photographs??? If your son loves a woman enough to marry her, you have to accept her.  Why does it seem like there is a reported case of domestic violence, often leading to death every day in the news? The trend is really disturbing. In the past week, there have been several reported cases of violence among couples, both married and unmarried. But this one has a different twist. 
A 24 year-old mother of two was was allegedly stabbed to death by her mother in-law on Wednesday evening at Angwar Baba area of New Nyanya, Nassarawa State. Daily Trust reports that the deceased, Esther Opara was stabbed by her mother-in-law after arguments over photographs. 

CARDINAL: MARRIED CATHOLIC PRIESTS A POSSIBILITY



LONDON (AP) -- Roman Catholic priests should be allowed to marry and have children, Britain's most senior Catholic cleric said Friday.
Cardinal Keith O'Brien, who heads the Roman Catholic Church in Scotland, said the requirement for priestly celibacy is "not of divine origin" and could be reconsidered.
He told BBC Scotland that "the celibacy of the clergy, whether priests should marry - Jesus didn't say that."
He said that "many priests have found it very difficult to cope with celibacy," and while he had never considered marriage himself, "I would be very happy if others had the opportunity of considering whether or not they could or should get married."

School Teacher Slashes Throats Of Her 2 Children While They Slept



In rather mysterious circumstances, a middle aged woman in Abakaliki, the Ebonyi State capital on Wednesday, slashed the throats of her four-year-old daughter, Nneoma and her two-year-old son, Godswill, with a machete, while the kids were asleep.
Narrating the incident, the elder brother to the father of the slain children, Mr. John Uchaji, described the incident as incredible, saying that it was a mystery why the woman who is a school teacher, could have killed her children without provocation.
He added that the father of the kids came to him midnight on the day of the incident to report what happened.

School Teacher Slashes Throats Of Her 2 Children While They Slept



In rather mysterious circumstances, a middle aged woman in Abakaliki, the Ebonyi State capital on Wednesday, slashed the throats of her four-year-old daughter, Nneoma and her two-year-old son, Godswill, with a machete, while the kids were asleep.
Narrating the incident, the elder brother to the father of the slain children, Mr. John Uchaji, described the incident as incredible, saying that it was a mystery why the woman who is a school teacher, could have killed her children without provocation.
He added that the father of the kids came to him midnight on the day of the incident to report what happened.

ST

Please Like Us On facebook