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Emefiele rejects investigator’s report, says allegations satanic

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The former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has refuted allegations of misappropriation of funds as detailed in the recent report by the Special Investigator on the CBN and Related Entities. Emefiele clarified his position in a statement released on Sunday titled, ‘Re: Emefiele, others stole billions, illegally kept Nigeria’s funds in foreign banks.’

In the preceding week, the Special Investigator, Jim Obaze, disclosed that Emefiele had placed £543,482,213 in fixed deposits in UK banks without proper authorization during his tenure as the CBN governor. Obaze’s report asserted, “The former governor of CBN, Godwin Emefiele invested Nigeria’s money without authorization in 593 foreign bank accounts in the United States, China, and the United Kingdom, while he was in charge. All the accounts where the billions were lodged have all been traced by the investigator.”

Emefiele, in response, stated in his Sunday release, “After my release on bail from the correctional centre, Kuje, my attention was drawn to publications released by some mainstream and online news platforms. The sources of the information published by both media houses were credited to a certain report prepared by Mr. Jim Obazee, who was appointed by the President as a private investigator. I have gone through the publications, and I say boldly that the contents of the said publications are false, misleading and calculated to disparage my person, injure my character and serve the selfish interest of the private investigator.”

Emefiele revealed that Obazee, along with a Deputy Commissioner of Police from Force CID, had previously questioned him at Kuje regarding the document in question, in the presence of his legal representatives. He asserted, “The final issue that I would like to respond to is the issue of the 593 accounts which were purportedly opened in different parts of the world. I state categorically that I am not involved in the opening of these accounts and I do not know about their openings.”

While emphasizing that the fixed deposits in those foreign accounts were beyond his knowledge, Emefiele affirmed that the relevant departments of the CBN had the authority to carry out such activities within the lawful mandate of the CBN. He expressed support for a thorough and transparent investigation into the alleged fraud, echoing the sentiments of other concerned Nigerians. Emefiele concluded by instructing his legal team to initiate the necessary legal proceedings to clear his name from the defamatory statements contained in the report and subsequent publications.

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Police arrest Portable over G-Wagon debt

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The Lagos State Police Command has arrested popular musician Habeeb Okikiola, popularly known as Portable.

DAILY POST learnt that the controversial singer was nabbed on Tuesday following his alleged refusal to pay the debt he incurred when he purchased G-Wagon from a car dealer in the state.

According to reports, Portable had paid only N13 million after purchasing the vehicle, which was worth N27 million. He was said to have refused to pay the N14 million balance.

The car dealer reportedly took the matter to the police, leading to the arrest of the singer.

When contacted by DAILY POST, the Lagos State Police Public Relations Officer, Benjamin Hundeyin, confirmed the arrest.

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He simply said: “The report is true. He was arrested today.”

CREDIT: DAILY POST

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Electricity Tariff Hike: Labour Shuts Down NERC, DisCos In States

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The Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) took action yesterday by shutting down offices of electricity distribution companies (DisCos) and the Nigerian Electricity Regulatory Commission (NERC) nationwide.

This protest was sparked by the recent increase in electricity tariffs by NERC and the DisCos, with the unions demanding a complete reversal of the hike and the reclamation of public electricity assets.

During the protest at NERC headquarters in Abuja, workers displayed placards bearing messages such as “We are not a generator Republic” and “Let the poor breathe. Give us affordable and constant light,” indicating their frustration with the current state of the power sector.

NLC president, Comrade Joe Ajaero, criticized the privatization efforts as a failure and called for a reversal of the tariff increases. He emphasized the disproportionate impact on wage earners who cannot adjust their income to offset rising utility costs, unlike business owners.

Ajaero also highlighted the adverse effects on small and medium-sized enterprises, crucial to Nigeria’s informal economy, exacerbating the unemployment crisis.

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The labour center reiterated its rejection of the recent tariff hike and urged the government to honor previous agreements, including a halt to further increases until specific conditions are met.

In response, NERC chairman, Sanusi Garba, acknowledged the peaceful nature of the protest and assured consideration of concerns regarding tariff affordability and energy source diversification.

Meanwhile, the NLC and TUC picketed the headquarters of Jos Electricity Distribution Company (JED) in Plateau State, the offices of NERC and Enugu Electricity Distribution Company (EEDC) in Ebonyi State, and the headquarters of Benin Electricity Distribution Company (BEDC) in Ondo State.

Similar protests occurred in Bayelsa, Adamawa, Osun, Kebbi, and Ekiti States, demonstrating widespread discontent with the electricity tariff hike across the country.

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Katsina Gov swears in new Head of Service, retains former Reform Adviser

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Governor Dikko Umaru Radda of Katsina State has sworn in Alhaji Falalu Bawale as the state’s new Head of Service.

The Katsina Governor also swore in the immediate past Head of Service, Usman Isiyaku, as Special Adviser on Public Service Reforms and member of the State Executive Council.

Addressing the audience at the swearing-in ceremony after administering the oath of office and oath of allegiance to the appointees at the Katsina Government House Chamber, Governor Radda stated that both the new Head of Service and the Special Adviser were appointed on merit.

He called on all the permanent secretaries to join hands with the new head of service to enable them deliver for the progress of the state.

According to the Katsina Governor, the major challenge facing the incumbent administration was the issue of time, as the state government had a lot to cover.

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Turning to the Special Adviser, Governor Radda described him as a committed and trustworthy personality, which prompted the state administration to retain him to enjoy more from his vast experience.

CREDIT: DAILY POST

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