NigeriaNews24

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  • Revealed! Ned Nwoko, Linas International Limited Allegedly In Debt Of Over $1m

    A leaked report has shown that Hon. Ned Nwoko and his company Linas International Limited are in severe debt of over 1 million dollars after receiving a promissory note for payment of balance fees as consultants of ALGON Paris refund club.

    According to documents obtained, Hon. Ne had earlier in June 2nd 2021, signed an undertaking agreement with one Alpha & Rohi law firm, an integrated law firm in Abuja to pay the sum of One Million Dollars for the services of the latter as mediator between the federal government, ALGON and his company.

    Upon execution of the services of facilitating payment of the outstanding fees in connection with the refund of $3.2 billion, Ned after agreeing to pay the sum in four tranches 40%, 20%, 20%, 20% per instalment received on the balance, has reneged to keep to his own end of the signed agreement.

    Recall that by the promissory note issued and received on the 30th of September, 2021, it is perceived that Hon. Ned, has received full payment of the aforementioned balance fees. It is however alarming that he has refused to play to the path of honesty and integrity by keeping to crossed t’s and dotted i’s earlier agreed in the undertaking.

    Meanwhile as at press time, all efforts made to get statement from Ned’s camp proved abortive.

    It is however learnt that the aggrieved persons, firm involved in the situation will be going to court to ensure that it gets justice from Linas International Limited.

    See Documents:

  • Governor Bello congratulates PAAU’S football team over Championship glory

    Governor Bello congratulates PAAU’S football team over Championship glory

    Kogi State Governor, Yahaya Bello has congratulated Prince Abubakar Audu University’s football team (KSU Steelers) for emerging champions at the Higher institution Football Tournament.

    In a final match played on Saturday, the Kogi team defeated FUOYE Dazzlers by 3 – 1 historically becoming the first ever state university to clinch the title in the tournament.

    Governor Bello’s congratulatory message was contained in a Press statement signed on Saturday by his Chief Press Secretary, Muhammed Onogwu.

    The governor described the team’s victory as highly commendable and an exemplary reflection of the triumphing spirit of Kogi state, it’s people particularly the youths in any venture they find themselves.

    He added that their victory over several other federal and counterpart state institutions that partook in the tournament has strongly demonstrated that the institution stood tall in the leagues of higher institution in the country and with his administration’s efforts in the education sector, the standard has greatly improved in all regards.

    While lauding the team players, it’s coaching crew and the institution’s management for flying the flag of the state in excellent colours, he assured of government’s commitment to Youths and sport development alongside his administration’s relentless effort in investing in the education sector.

     

     

     

     

     

     

     

  • Governor Bello commiserates with FCT minister, Ramatu Tijjani over mother’s demise

    Governor Bello commiserates with FCT minister, Ramatu Tijjani over mother’s demise

    Kogi State governor, Yahaya Bello has commiserated with the Minister of State, Federal Capital Territory, Haliya Dr. Ramatu Tijjani Aliyu, over the demise of her mother Hajiya Zainab Sidi Ali.

    According to a release by the Minister’s Special Adviser on Communication and Logistics, Atika Aliyu, the deceased passed away Tuesday evening after a brief illness.

    In a condolence message conveyed through a press statement signed on Tuesday by the governor’s Chief Press Secretary, Muhammed Onogwu, he described such loss as a heartfelt pain.

    The governor said irrespective of how advanced in age the deceased was, the loss of a mother creates a very big vacuum in one’s life that no amount of consolation could replace

    While urging the minister to take solace in the good life which Mama lived acknowledging that she raised good children who were adding value to humanity, hence her death although sudden must be in total submission to the will of Almighty God.

    The governor said “Mama has laid good legacies, she lived her life giving herself to raising her children, her family and community, she has also lived a pious life in reference to her creator as she served God and humanity compassionately until her death ”

    Governor Bello commiserated with the entire family of the deceased, while he prayed for God to grant Late Hajiya Zainab Sidi Ali eternal rest and those grieved the fortitude to bear the irreparable loss.

     

     

     

     

     

     

     

  • CSO unveils magazine to checkmate, sanitise Nigeria’s fiscal policy

    CSO unveils magazine to checkmate, sanitise Nigeria’s fiscal policy

    • Commend, Awards FCC- Oji River for best service delivery…

    A Civil Society Organisation, African Leadership Strategy Development Initiative, ALSDI, in its continued efforts to ensure smooth operation and delivering of policies, accountability while ensuring that the governed, enjoy their privileges, on Tuesday, organised a a roundtable engagement with the Federal Cooperative College, Oji River, Enugu State on issues partaning to transforming Cooperative College for sustainable development goals.

    The Executive Director, Comrade Nelson Ossaieze in his opening speech during the event which held in Abuja, disclosed that every society with transition from underdevelopment to development, has had to find its own local formula which was best suited to cater for its needs, while emphasising that government and stakeholders must take advantage of the moment to identify the right practices for cooperative development and engagement.

    Ossaieze stated that Nigeria’s underdevelopment despite its much acknowledged potentials, has been driven by the mere fact that the country has tried too much for decades to import strategies wholesale from other parts of the world that were not fully adapt to our local circumstances stressing that the centuries old concept of cooperatives has helped with wealth creation, capital formation and large- scale poverty alleviation.

    He noted that, “While we recognize the mission of the Cooperative College: to provide knowledge, vocational and entrepreneurial skills necessary for cooperative development, this will avail us of an opportunity to interact on how transforming Cooperative Societies can help us achieve sustainable development goals, set up in 2015 by the United Nations General Assembly”.

    While commending the management of the college for its efforts in achieving sustainable development, the Executive Director also stated that the engagement was going to be a reference point in history.

    “We shall be consummating a marriage between Education, the Civil Society and Cooperative sector. Education is quite critical to development as every society must have an organised and sustainable strategy to produce at scale, the much- needed human capital to drive the process. Civil Society on the other hand is an important building block in the development super structure, facilitating two- way flow of communication between government and the governed and ensuring both sides aren’t working at cross purposes to each other.” he added.

    The ED, while disclosing intent of award presentation to stewards from the college, noted that awards were not just instruments to encourage dedication to service, tact, excellent delivery, outstanding performance and accountability but also a distinguished means of motivating and encouraging others to excellence.

    The event which also witnessed the official unveiling of the People’s Auditor Magazine, a piece curated to checkmate activities of public stewards and government, saw the Most Outstanding Public Steward of the Year Award being presented to Pastor Daniel Idowu Okeze, for his assiduousness,  stellar leadership qualities and uncommon dedication to duty as Internal Auditor.

    Also receiving an award of outstanding performance, the leadership of the college graciously thanked the group for recognizing all efforts made by the management of the institution reiterating that every one should indeed give value to earn value.

  • Gov. Yahaya Bello appointed National Youth Coordinator of Tinubu-Shettima Campaign Council 

    Gov. Yahaya Bello appointed National Youth Coordinator of Tinubu-Shettima Campaign Council 

    Governor Yahaya Bello of Kogi State has been appointed as the National Youth Coordinator of the Tinubu-Shettima Presidential Campaign Council.

    The appointment was conveyed in a letter addressed to Governor Bello, signed by the Presidential Candidate of the All Progressives Congress, Asiwaju Bola Tinubu.

    Tinubu, in the letter, dated August 8, 2022, stressed that Bello, who was an aspirant in the party’s presidential primaries, held in June 2022, deserved the appointment, owing to his impressive political achievements and the exemplary leadership he had demonstrated as governor of his state and as a party member.

    The former governor of Lagos State added that he was confident that the Kogi Governor would do his best in the new responsibility given him so that the party could run an effective, message-driven campaign, which would lead to victory in the 2023 Presidential election.

    Recall that multitudes of youths and women across the six geo-political zones of Nigeria, had, during the build-up to the APC presidential primary election, demonstrated their strong support for the Kogi Governor, owing to his youth- and women-friendly policies.

    Party members and analysts have described this appointment as a big boost for the campaign, considering the important place of youths in the 2023 elections and the impressive youth-targeted campaigns Bello conducted before the primary election.

    The letter, titled, “Appointment as National Youth Coordinator for Tinubu/Shettima Presidential Campaign Council”, read in part: “By way of this letter, we are pleased to formally convey your appointment as National Youth Coordinator of the Tinubu/Shettima Presidential Campaign Council.

    “This appointment is fitting and appropriate, given your impressive political achievements and the exemplary leadership you have demonstrated as governor of your state and as a party member.

    “We are grateful that you have joined our campaign team. We know you will do your utmost in this new responsibility so we conduct an effective, message -driven campaign leading us to victory in the 2023 Presidential election.

    “Together, not only can we ensure victory for our party in the February 2023 election but we shall also move Nigeria along the path of national greatness by building on the achievements of our party and the President Muhammadu Buhari administration in providing progressive good governance to Nigerians. We wish you God’s speed and guidance.

    “Congratulations. Please, accept the assurances of our highest respect and regards always.”

    In his acceptance letter, Governor Bello pledged to deploy all in his capacity, working alongside the Presidential candidate, to ensure victory for APC.

    “Your Excellency is one great Nigerian I know, who not only exemplifies but abundantly demonstrates, through transformational leadership and good governance, my own aspirations for a Nigeria that is Secure, United and Prosperous,” he stated.

  • APC Youth Forum calls for peace ahead of 2023 election campaign

    APC Youth Forum calls for peace ahead of 2023 election campaign

    Ahead of this month’s commencement of campaigns for the 2023 general election Youths have been cautioned to shun electoral violence and embrace peace in choosing right leaders for National development.

    The National Coordinator APC Youth solidarity forum, Comrade Wada Yahaya made the call in Abuja at the innuagration of state coordinators and secretaries of the forum in North Central Zone.

    According to Comrade Yahaya the APC presidential candidate Bola Tinubu and his running mate Senator Kashim Shettima are experienced politicians who possess what is required to move Nigeria forward, noting that group was determined to mobilise women and youth in the Middle Belt to support their mandate Comes 2023.

    Comrade Yahaya who expressed the believe that Tinubu has the leadership qualities needed to transform Nigeria in view of his track record when he was a governor of Lagos State, pointed out that if given the opportunity, he will replicate same achievements across the country.

    He further explained that the group would inaugurate its local government and ward executives in all states of the North Central region for aggressive mobilisation of voters.

  • Gov. Bello commiserates with Ondo counterpart over mother’s demise

    Gov. Bello commiserates with Ondo counterpart over mother’s demise

    Gov. Bello commiserates with Ondo counterpart over mother’s demiseKogi state governor, Yahaya Bello has commiserated with his colleague governor of Ondo state, Rotimi Akeredolu over the demise of his mother Lady Evangelist Grace Akerodolu (JP) who passed on Thursday at the age 90years.

    Governor Bello’s in his commiseration which was contained in a press statement signed on Thursday by his Chief Press Secretary, Muhammed Onogwu described a mother’s demise as a pain best understood by those who have felt it.

    He noted that despite being of age, the vacuum such loss creates cannot be filled by anyone, urging the governor to take consolation in the truth that Mama lived a fulfilled life in the service of his creator and humanity.

    Governor Bello similarly extended his commiseration to the entire family of the deceased over the demise of their matriarch while urging them to continue in Mama’s footsteps and preserve her good legacies

    The governor prayed for God to grant Lady Akeredolu eternal rest and for consolation to everyone who has been hurt by her demise.

  • Emefiele, Oramah, others under grill over $300million paid to acquire Union Bank

    Emefiele, Oramah, others under grill over $300million paid to acquire Union Bank

    The Economic Financial Crimes Commission and other anti-graft agencies, has begun investigation on the Governor of Central Bank of Nigeria, Godwin Emefiele; the President of African Export-Import Bank (Afreximbank), Prof. Benedict Oramah; among others are currently under investigation over the $300million the pan-African multilateral financial institution gave to Titan Trust Bank Limited to acquire 93.4 per cent stake in the Union Bank of Nigeria Plc.

    Others being investigated are; Aminu Yaro, a Northern business mogul and one Farouk Gumel.

    According to SaharaReporters, the Department of State Services (DSS), the Independent Corrupt Practices and other related offences Commission (ICPC) and the Nigerian Financial Intelligence Unit (NFIU) are all also involved in the investigation.

    “EFCC, DSS and NFIU are currently investigating Oramah over the loan given to Titan bank. Why the loan to Emefiele and others political exposed person? Though we believe nothing will happen to him because of his closeness to Mamman Daura. He just bought a house for Mamman Daura at George street, off Edgware road in London,” a senior intelligence officer told SaharaReporters.

    On June 6 2022, Afreximbank announced that it had disbursed the sum of $300 million to help complement the total amount needed by Titan Trust Bank to finalise the acquisition of Union Bank.

    It noted that the said fund was disbursed under its Intra-African Investment Financing Facility.

    However, the source linked the ownership of the controversial Titan Trust Bank to Emefiele.

    The bank was established on the 12th of December, 2018 and started operating fully as a commercial national bank after obtaining its National Banking license on the 26th of April, 2019.

    In 2019, it recorded a profit of N644 million, and in 2020, its after-tax profit rose to N2.9 billion.

    However, the 2021 audited financial statement of the bank showed it now worth over N3trillion with only two active offices in Lagos.

    “Isn’t it magical that Titan Trust Bank, a small bank with only two bank branches in Lagos swallowed up Union Bank, a 104-year-old bank, in a transaction valued in the region of over $1 billion dollars?

    “The President of Afrexim bank, Oramah, Emefiele, Yaro and others are friends.

    “If you need dollar from CBN today, go through Uba Sanni, the Kaduna APC gubernatorial candidate, Sabiu Tunde or Aminu Yaro. This same Aminu Yaro is one of the shareholders of Titan Bank. He owns 9.07 per cent of Titan Trust’s 58.4 million ordinary shares. His wife works with CBN too.

    “Don’t forget this same Titan bank just bought Union Bank, We all know Emefiele is the actual owner of it, even though he is using Tropical General Investments Limited (TGI) as front.

    “Afrexim is aware that Emefiele, Yaro, and Farouk Gumel are political exposed people, yet granted them loan of such amount to buy Union bank,” the source told SaharaReporters.

    Another source added, “Are you aware Titan Trust Bank’s National Banking Licence is the first that the CBN has granted in the last ten years? Are you aware Emefiele is also among the highest shareholders in Union Bank Plc?”

     

  • You are rife with rumours, betrayal, cover your face in shame – IMC tells Hon. Taofiq

    You are rife with rumours, betrayal, cover your face in shame – IMC tells Hon. Taofiq

    The Interim Management Committee of the Association of Local Government of Nigeria, ALGON, on Wednesday, reacted to the rumour peddled against the Secretary General of the Association, Mr Mohammed Ibukun Abubakar by the erstwhile Chairman of Kogi State, Hon. Isa Taofiq on social media and other platforms.

    The IMC in a statement signed by Head of Media, Mr. Farouk Salawu, described Hon. Toafiq recent actions, as a move made by a con-man to justify the bribe collected and crimes committed behind closed doors.

    According to the IMC, as against Taofiq allegations, Mohammed is not the person who asked him to opt out of Hon. Kolade Alabi’s led faction, infact he choose to by himself leave after discovering that the latter stole funds while also impersonating leadership of the association.

    “Our attention has been brought to the shenanigans of Hon. Isa Taofiq against the IMC and Mr. Mohammed Ibukun Abubakar on social media platforms and other platforms. It is no news that Hon. Taofiq is a typical example of “Anywhere wey belle face na front”, grease his palms with money, he would sing your praises unending. This statement is to caution him and his unsubstantial rantings, because it is now on record that he shamelessly returned back to his vomit.

    “We wish to categorically emphasise that Taofiq joined the IMC willingly and vowed after leaving Hon. Alabi’s camp sometime last year that he would ensure that the latter faces the full wrath of the law for diverting over 5.2bn funds belonging to the 774 constitutionally recognized local government areas cut across the federation through First Bank account no: 2034749191 in the name of the association. Taofiq rather than addressing the issue at hand especially of his betrayal to the IMC, has degenerated to fighting Mohammed Ibukun’s political career, the same Mohammed that helped him even during his lowest of all moments.

    “We do not believe in giving a dog a bad name in other to hang it, but this will serve as a final warning to Isa Taofiq to desist from peddling crazy rumours, failure to do so, would warrant us bringing to limelight all the rumours and bad name he tagged his governor, His Excellency Yahaya Bello and his deputy Chief Edward Onoja, even after betraying him during the last presidential primaries. He (Taofiq) addressed a press conference to the Attorney General of the Federation, anti-graft agencies calling for the arrest and investigation of Alabi and co for impersonation and diversion of funds.

    “On the current certificate rumour, specifically Mohammed Ibukun’s primary school certificate peddled by the same Taofiq against the former as regards his political ambition to contest for the Senate representing Kogi West constituency area, permit us to reiterate that those are gimmicks employed by the latter to divert attention and forestall reprimands of his act of betrayal against the IMC. Mohammed Ibukun Abubakar, made himself available to INEC, EFCC, DSS and even part for proper screening and vetting and was not in any way whatsoever found wanting.

    “Hon. Taofiq privy to information against Alabi led faction after diversion of 5.2bn funds, led a team of chairmen to court to sue the same man, now he claims that his signature was forged by the IMC because he has gone back on his words, renegotiated with the accused and collected few amount of naira’s. The question is if his signature was forged, was his passport which he took almost immediately in presence of some persons also forged? We are not shocked at Taofiq’s action because if he can betray his governor, he can as well betray anyone else.

    “It is therefore on the above premise, that we pose this questions to Taofiq, 1) Can he prove to chairmen, that Alabi his new paymaster is now a chairman of any of the local government areas in Nigeria? 2) Has Alabi denied diverting the sum of 5.2 billion naira belonging to the 774 lga’s? 3) Was he not sent by the same Alabi to dialogue with Mohammed for settlement with offers running into millions and was that offer not rejected? This questions, clearly needs urgent answers from Taofiq.” the statement reads.

    However, the IMC while attaching a copy of the mandate of diversion of funds by Hon. Kolade Alabi and Hajia Binta Bello, challenged the Kogi State Chairman to tender evidences backing his allegations on the person of Mohammed Ibukun Abubakar stating that henceforth no campaign of calumny against his political ambition, would be tolerated.

    Sèe Documents:

  • ALGON: You compromised on oath taken, promises made- IMC blasts Hon. Taofiq

    ALGON: You compromised on oath taken, promises made- IMC blasts Hon. Taofiq

    ..Accuses chairman, others of withdrawing 5.5bn case against Alabi

    The Interim Management Committee of the Association of Local Government of Nigeria, ALGON has criticized Hon. Isa A. Taofiq chairman Ijumu lga- Kogi State, for betraying and compromising on upholding the mandate of the IMC months after promising to join hands to restore the association which was hijacked by the Alabi led faction.

    Addressing the situation on Monday, in a statement signed by the Acting Publicity Secretary, Hon. Mohammed Aliyu, chairman representing Edu local government area, Kwara State, the IMC registered displeasure at the recent action of Hon. Toafiq while reiterating its zeal to restructure and restore the association to its status quo.

    “This is to address the recent turn out of event in the leadership of the IMC, one of our own recently compromised on his words and towed a path of no return in a bid to further maraud the leadership of the Interim Management Committee. Hon. Isa Taofiq, was a chairman of the Financial Committee of the NEC before going back to his vomit. The former left the Alabi’s camp sometime last year, after discovering that the later who is not a chairman of any LGA, hijacked the leadership of the association through lies and dubious means.

    “Hon. Taofiq joined the IMC, promising to assist in restoring the association, he even championed a suit against the Alabi led faction after it was discovered that over 5.5bn funds belonging to the 774 constitutionally recognized local government areas in the Federation, was hijacked by the later and his cronies. We are bewildered that the same Hon. Taofiq, who had enough evidence against Alabi having worked with him overtime, would make a drastic U-turn to join the same camp he had left earlier because of mere amount he received from the accused.

    “Judging from how Taofiq condemned Alabi, one would feel that he’d fight to see that justice is served, but then again, the saying that everyman has his price, has indeed come to play. Perhaps Taofiq’s earlier grievance against Alabi was because the price wasn’t right then; the same man he condemned and vowed to fight, was exactly the sponsor of his son’s recent wedding held in Kogi.

    “Judging from his recent act of betrayal, we weep indeed for the future of the country as a whole, how long can we continue to ignore and indulge corrupt leaders? why would a man withdraw a suit he spearheaded against a corrupt leader, if monies haven’t exchanged hands? Hon. Taofiq, should be made to answer to these questions, there is a need for clarification for why a chairman who knows the constitution binding the association, should be the one tearing its peaceful veil by assisting hijackers to continue impersonating and diverting funds meant for the development of the association and the 774 LGAs.” it added.

    The IMC, however called on Governor Yahaya Bello, to checkmate and caution the excesses of his chairman, as the recent action from him, poses as an eyesore and bad reputation to the government of Kogi State.

    See Documents of suit: